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Q-Gold Resources

OTCPK:QGLD.F
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QGLD.F
OTCPK
CA$5M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Q-Gold Resources Ltd. engages in the exploration and development of mineral properties in Canada and the United States. The last earnings update was 133 days ago. More info.


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QGLD.F Share Price and Events
7 Day Returns
0%
OTCPK:QGLD.F
-10.4%
US Metals and Mining
-8.8%
US Market
1 Year Returns
-
OTCPK:QGLD.F
-11.3%
US Metals and Mining
4.3%
US Market
QGLD.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Q-Gold Resources (QGLD.F) 0% 0% 0% - - -
US Metals and Mining -10.4% -10.3% -11.4% -11.3% -14.7% 6.1%
US Market -8.8% -7.9% -4.1% 4.3% 22.4% 37.7%
1 Year Return vs Industry and Market
  • No trading data on QGLD.F.
  • No trading data on QGLD.F.
Price Volatility
QGLD.F
Industry
5yr Volatility vs Market

QGLD.F Value

 Is Q-Gold Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Q-Gold Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.0932.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Q-Gold Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Q-Gold Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:QGLD.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.04
TSXV:QGR Share Price ** TSXV (2019-12-04) in CAD CA$0.23
United States of America Metals and Mining Industry PE Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 9.9x
United States of America Market PE Ratio Median Figure of 2,898 Publicly-Listed Companies 16.51x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Q-Gold Resources.

OTCPK:QGLD.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:QGR Share Price ÷ EPS (both in CAD)

= 0.23 ÷ -0.04

-5.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Q-Gold Resources is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Q-Gold Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Q-Gold Resources's expected growth come at a high price?
Raw Data
OTCPK:QGLD.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 22 Publicly-Listed Metals and Mining Companies 0.33x
United States of America Market PEG Ratio Median Figure of 1,991 Publicly-Listed Companies 1.43x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Q-Gold Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Q-Gold Resources's assets?
Raw Data
OTCPK:QGLD.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.00
TSXV:QGR Share Price * TSXV (2019-12-04) in CAD CA$0.23
United States of America Metals and Mining Industry PB Ratio Median Figure of 110 Publicly-Listed Metals and Mining Companies 1.36x
United States of America Market PB Ratio Median Figure of 5,103 Publicly-Listed Companies 1.61x
OTCPK:QGLD.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:QGR Share Price ÷ Book Value per Share (both in CAD)

= 0.23 ÷ 0.00

238.84x

* Primary Listing of Q-Gold Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Q-Gold Resources is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Q-Gold Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Q-Gold Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

QGLD.F Future Performance

 How is Q-Gold Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Q-Gold Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Q-Gold Resources expected to grow at an attractive rate?
  • Unable to compare Q-Gold Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Q-Gold Resources's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Q-Gold Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:QGLD.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 13%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:QGLD.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:QGLD.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 -1 -1
2019-06-30 -1 -1
2019-03-31 -1 -1
2018-12-31 -1 -1
2018-09-30 -1 -1
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 -1
2017-06-30 0 0
2017-03-31 0 -1
2016-12-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Q-Gold Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Q-Gold Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:QGLD.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Q-Gold Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QGLD.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.04
2019-06-30 -0.04
2019-03-31 -0.04
2018-12-31 -0.04
2018-09-30 -0.05
2018-06-30 -0.06
2018-03-31 -0.05
2017-12-31 -0.06
2017-09-30 -0.08
2017-06-30 -0.04
2017-03-31 -0.10
2016-12-31 -0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Q-Gold Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Q-Gold Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Q-Gold Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Q-Gold Resources's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Q-Gold Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Q-Gold Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

QGLD.F Past Performance

  How has Q-Gold Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Q-Gold Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Q-Gold Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Q-Gold Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Q-Gold Resources's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Q-Gold Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Q-Gold Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QGLD.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 -0.84 0.80
2019-06-30 -0.83 0.75
2019-03-31 -0.71 0.63
2018-12-31 -0.59 0.53
2018-09-30 -0.51 0.47
2018-06-30 -0.45 0.49
2018-03-31 -0.35 0.47
2017-12-31 -0.37 0.46
2017-09-30 -0.52 0.28
2017-06-30 -0.25 0.15
2017-03-31 -0.57 0.16
2016-12-31 -0.56 0.16
2016-09-30 -0.19 0.10
2016-06-30 -0.45 0.17
2016-03-31 -0.20 0.15
2015-12-31 -0.20 0.14
2015-09-30 -0.19 0.07
2015-06-30 -0.24 0.08
2015-03-31 -0.24 0.11
2014-12-31 -0.26 0.13
2014-09-30 -0.31 0.15
2014-06-30 -0.26 0.15
2014-03-31 -0.30 0.15
2013-12-31 -0.35 0.19
2013-09-30 0.02 -0.80 0.37
2013-06-30 0.03 -0.78 0.33
2013-03-31 0.03 -1.10 0.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Q-Gold Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Q-Gold Resources has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Q-Gold Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Q-Gold Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Q-Gold Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

QGLD.F Health

 How is Q-Gold Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Q-Gold Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Q-Gold Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Q-Gold Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Q-Gold Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Q-Gold Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Q-Gold Resources Company Filings, last reported 5 months ago.

OTCPK:QGLD.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 0.02 0.00 0.07
2019-06-30 0.09 0.00 0.09
2019-03-31 0.28 0.00 0.29
2018-12-31 0.42 0.00 0.45
2018-09-30 0.67 0.00 0.75
2018-06-30 -0.21 0.00 0.06
2018-03-31 -0.14 0.00 0.01
2017-12-31 -0.11 0.00 0.00
2017-09-30 -0.60 0.10 0.09
2017-06-30 -0.55 0.16 0.00
2017-03-31 -0.56 0.17 0.01
2016-12-31 -0.53 0.19 0.00
2016-09-30 -0.51 0.11 0.06
2016-06-30 -0.41 0.11 0.11
2016-03-31 -0.55 0.11 0.05
2015-12-31 -0.43 0.19 0.06
2015-09-30 -0.58 0.12 0.06
2015-06-30 -0.54 0.11 0.05
2015-03-31 -0.51 0.12 0.05
2014-12-31 -0.48 0.11 0.06
2014-09-30 -0.38 0.11 0.09
2014-06-30 -0.68 0.11 0.04
2014-03-31 -0.65 0.11 0.05
2013-12-31 -0.60 0.11 0.05
2013-09-30 -0.45 0.06 0.00
2013-06-30 -0.41 0.06 0.00
2013-03-31 -0.60 0.11 0.00
  • Q-Gold Resources has no debt.
  • Q-Gold Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Q-Gold Resources has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Q-Gold Resources has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Q-Gold Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Q-Gold Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

QGLD.F Dividends

 What is Q-Gold Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Q-Gold Resources dividends.
If you bought $2,000 of Q-Gold Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Q-Gold Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Q-Gold Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:QGLD.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1961 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.6%
United States of America Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Q-Gold Resources has not reported any payouts.
  • Unable to verify if Q-Gold Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Q-Gold Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Q-Gold Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Q-Gold Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Q-Gold Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Q-Gold Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

QGLD.F Management

 What is the CEO of Q-Gold Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Fred Leigh
COMPENSATION CA$0
AGE 63
TENURE AS CEO 1.7 years
CEO Bio

Mr. Frederic W.R. Leigh, also known as Fred, serves as President, Chief Executive Officer and Director of Hornby Bay Mineral Exploration Ltd. since October 16, 2019. Mr. Leigh was President, Chief Executive Officer and Director at Routemaster Capital Inc. since December 21, 2018 until October 2019. Mr. Leigh serves as Director of Yukoterre Resources Inc. since January 14, 2019. He served as the Chief Executive Officer at Apogee Opportunities Inc. (formerly known as Apogee Silver Ltd.) since July 23, 2015. Mr. Leigh was the President and Chief Executive Officer at Jourdan Resources Inc. since August 2018 until December 14, 2018. He served as Chairman of QMX Gold Corporation since 2019 until November 12, 2019 and served as its Interim Chairman since November 29, 2018 until 2019. He serves as a Director of Halo Labs Inc. since September 28, 2018 and also serves as Chairman of the Board. Mr. Leigh is the Founder and President of Siwash Holdings Ltd. He served as the Chief Executive Officer and President of Stetson Oil and Gas Ltd. (now Magnolia Colombia Ltd.) since May 1, 2015 until February 13, 2017. Mr. Leigh served as an Interim Chief Executive Officer and President of Valencia Ventures Inc from May 26, 2015 to May 5, 2016. Mr. Leigh served as the Chief Executive Officer and President of Valencia Ventures Inc from May 1, 2010 to July 17, 2012. Mr. Leigh served as the President and Chief Executive Officer of Pitchblack Resources Ltd. from April 10, 2010 to September 11, 2012. He served as the Chief Executive Officer and Interim President of Galaxy Lithium (Ontario) Inc. (Known as Lithium One Inc.) from March 20, 2009 to June 12, 2009. He has been involved in the junior resource sector for many years and has had a significant role as Founder, Director in many public companies. For over 18 years, Mr. Leigh invested in early stage opportunities in the resource sector. Mr. Leigh founded Fura Gems Inc. and served as its Non-Executive Chairman until November 6, 2017 and as its Director from May 5, 2014 to November 6, 2017. He served as the Chairman of Valencia Ventures Inc. He served as the Chairman of the Board at QMX Gold Corporation from January 11, 2017 to December 1, 2017. He has been a Director at Seymour Ventures Corp. since December 31, 2010. He has been a Director of Fura Emeralds Inc. since May 5, 2014. He has been a Director of Stetson Oil & Gas Ltd. since May 1, 2015 until March 14, 2019. He served as a Director of Valencia Ventures Inc. from May 1, 2010 to May 5, 2016. He had been Director of QuestCap Inc. (formerly known as Copper One Inc) since March 19, 2019 until September 26, 2019. He served as a Director of Pitchblack Resources Ltd. since April 10, 2011 until February 14, 2013. He served as a Director of QMX Gold Corporation from June 17, 2016 to December 1, 2017. Mr. Leigh served as a Director of Great Bear Resources Ltd. from April 7, 2010 to April 25, 2012 and Rare Earth Industries Ltd. from December 31, 2010 to December 2011. He served as a Director of Lithium One Inc. until June 12, 2009 and Ridgemont Iron Ore Corp. until November 23, 2010. Mr. Leigh has been involved in the investment industry for many years and has had a significant role as a founder, director and/or investor in numerous public and private companies.

CEO Compensation
  • Insufficient data for Fred to compare compensation growth.
  • Insufficient data for Fred to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Q-Gold Resources management team in years:

1.6
Average Tenure
51
Average Age
  • The average tenure for the Q-Gold Resources management team is less than 2 years, this suggests a new team.
Management Team

Fred Leigh

TITLE
CEO, President & Chairman
AGE
63
TENURE
1.7 yrs

Deb Battiston

TITLE
Chief Financial Officer
COMPENSATION
CA$102K
AGE
61
TENURE
0.8 yrs

Karsten Eden

TITLE
Vice President of Exploration
AGE
47
TENURE
9.1 yrs

Eugene Chen

TITLE
Corporate Secretary
AGE
51

Kenny Choi

TITLE
Corporate Secretary
AGE
28
TENURE
1.5 yrs
Board of Directors

Fred Leigh

TITLE
CEO, President & Chairman
AGE
63

Bob Bryce

TITLE
Independent Director
AGE
80
TENURE
8.3 yrs

Maurice Colson

TITLE
Director
AGE
76
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Nov 19 Buy Sulliden Mining Capital Inc. Company 26. Aug 19 26. Aug 19 2,000,000 $0.15 $301,376
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Management checks
We assess Q-Gold Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Q-Gold Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

QGLD.F News

Simply Wall St News

QGLD.F Company Info

Description

Q-Gold Resources Ltd. engages in the exploration and development of mineral properties in Canada and the United States. It primarily explores for gold and silver, as well as precious metals. The company holds 8 mineral claims administered by the United States Department of the Interior, Bureau of Land Management in Yavapai County, near Crown King, Arizona; and interests in Mine Centre properties located in Ontario. The company was formerly known as Q-Gold and changed its name to Q-Gold Resources Ltd. in January 2004. Q-Gold Resources Ltd. was incorporated in 1998 and is headquartered in Toronto, Canada.

Details
Name: Q-Gold Resources Ltd.
QGLD.F
Exchange: OTCPK
Founded: 1998
CA$3,383,137
19,732,809
Website: http://www.qgoldresources.com
Address: Q-Gold Resources Ltd.
65 Queen Street West,
Suite 815,
Toronto,
Ontario, M5H 2M5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV QGR Common Shares TSX Venture Exchange CA CAD 25. Oct 1999
OTCPK QGLD.F Common Shares Pink Sheets LLC US USD 25. Oct 1999
DB QX9G Common Shares Deutsche Boerse AG DE EUR 25. Oct 1999
Number of employees
Current staff
Staff numbers
0
Q-Gold Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/03 03:08
End of day share price update: 2019/12/04 00:00
Last earnings filing: 2019/10/22
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.