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Gowest Gold Ltd

Company price
None CAD 0.00(0%)
Last update at 2024-09-30T04:44:53.545421Z
Market Cap
60.39M
P/E
0.82

Momentum Score

…

Gowest Gold Ltd. engages in the exploration and evaluation of gold mineral properties in Canada. The company focuses on the development of its 100% owned Bradshaw gold deposit, which is part of the North Timmins gold project located near Timmins, Ontario. It holds interest in the North Timmins Gold Project that covers one patented mining claim, 11 mining leases, and 62 unpatented mining claims covering an area of approximately 120 square kilometers in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp. The company also holds interest in the Frankfield Property, which comprise nine mining leases covering an area of 837 hectares; and 67.7% interest in the Pipestone Property consisting of two blocks covering an area of approximately 7,577 hectares. In addition, it holds 100% interest in the Tully Property that consists of two claim blocks covering an area of approximately 2,513 hectares located in Tully Township; and the Gowest Whitney Property, which consists of nine patented claims covering an area of approximately 144 hectares located in Timmins, Ontario. The company was formerly known as Gowest Amalgamated Resources Ltd. and changed its name to Gowest Gold Ltd. in March 2011. Gowest Gold Ltd. is headquartered in Toronto, Canada.

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52 Week Price Range
0.06
Low
0.26
High

Momentum Score

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Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.15
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-4.17%
Net Debt
3.50M
ROCE
-2.30%
Diluted EPS TTM
0.11

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Type yearly yearly yearly yearly yearly
Date 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Income before tax -3.81M -4.72M -7.91M -6.83M -4.16M
Net income -3.81M -4.72M -6.73M -4.91M -4.78M
Selling general administrative 1.29M 2.59M 4.43M 2.57M 2.03M
Gross profit -0.06M -0.07M -0.14M -0.14M -0.14M
Reconciled depreciation 0.14M 0.15M 0.14M 0.14M 0.14M
Ebit -1.29M -1.88M -1.38M -2.72M -2.18M
Ebitda -1.81M -1.28M -4.41M -4.97M -2.47M
Operating income -1.35M -2.66M -4.57M -2.71M -2.16M
Other operating expenses 0.02M 0.01M 0.01M 0.01M 0.02M
Interest expense 1.85M 3.30M 3.36M 1.72M 1.55M
Tax provision - 0.00M -1.08M -1.92M 1.67M
Interest income - 0.08M - - -
Net interest income -1.85M -3.21M -3.36M -1.72M -1.55M
Income tax expense - - -1.08M -1.92M 1.67M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.35M 2.66M 4.57M 2.71M 2.16M
Cost of revenue 0.06M 0.07M 0.14M 0.14M 0.14M
Total other income expense net -0.60M 1.15M 0.02M -2.40M -0.44M
Net income from continuing ops -3.81M -4.72M -6.83M -4.91M -5.82M
Net income applicable to common shares -3.81M -4.72M -6.73M -4.91M -4.78M
Breakdown 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Type yearly yearly yearly yearly yearly
Date 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Total assets 71.63M 65.64M 62.44M 57.25M 53.49M
Intangible assets - - - 0.01M 0.01M
Total liab 20.35M 21.64M 33.13M 24.69M 26.05M
Total stockholder equity 51.28M 44.00M 29.30M 32.56M 27.44M
Deferred long term liab - - - - 0.47M
Other current liab 4.20M 5.25M 3.18M 0.26M -
Common stock 80.12M 71.38M 52.19M 49.16M 38.78M
Capital stock 80.12M 71.38M 52.19M 49.16M 38.78M
Retained earnings -31.49M -28.55M -24.25M -18.27M -14.74M
Other liab 1.27M 1.26M 1.34M 1.98M 3.75M
Other assets 1.29M 1.25M 1.25M 0.85M 1.32M
Cash 3.47M 0.28M 0.46M 0.28M 0.15M
Total current liabilities 15.40M 14.84M 21.61M 9.55M 14.44M
Net debt 3.50M 6.30M 18.87M 12.88M 12.41M
Short term debt - - - 0.26M 4.70M
Short long term debt 3.35M 1.19M 9.38M 0.26M 4.70M
Other stockholder equity 2.64M 1.17M 1.36M 1.67M 3.41M
Property plant equipment 66.75M 64.02M 60.31M 55.92M 51.89M
Total current assets 3.58M 0.36M 0.87M 0.46M 0.27M
Long term investments 0.00M 0.01M 0.00M 0.00M 0.01M
Net tangible assets 51.28M 44.00M 29.30M 32.55M 27.43M
Net receivables 0.09M 0.05M 0.38M 0.09M 0.08M
Long term debt 3.61M 5.39M 9.95M 13.16M 7.86M
Accounts payable 0.45M 0.83M 7.37M 7.26M 6.59M
Non currrent assets other - - - 56.78M 53.22M
Non current assets total 68.05M 65.28M 61.57M 56.78M 53.22M
Capital lease obligations 0.15M 0.24M 0.31M - -
Breakdown 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Type yearly yearly yearly yearly yearly
Date 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Investments -2.88M -1.64M -5.05M -5.25M -10.68M
Change to liabilities -1.14M 0.27M 4.30M 0.39M 0.19M
Total cashflows from investing activities -2.88M -1.64M -5.05M -5.25M -10.68M
Net borrowings 5.10M 1.95M 3.56M -2.42M 3.76M
Total cash from financing activities 8.45M 3.34M 6.55M 7.70M 8.84M
Net income -3.81M -4.72M -6.73M -4.91M -4.78M
Change in cash 3.19M -0.18M 0.17M 0.13M -2.44M
Begin period cash flow 0.28M 0.46M 0.28M 0.15M 2.59M
End period cash flow 3.47M 0.28M 0.46M 0.28M 0.15M
Total cash from operating activities -2.39M -1.88M -1.33M -2.32M -0.60M
Issuance of capital stock - 1.49M 3.04M 10.49M 5.32M
Depreciation 0.16M 0.07M 0.15M 0.15M 0.15M
Other cashflows from investing activities - - -0.39M -0.39M -0.39M
Change to account receivables -0.03M 0.33M -0.23M -0.06M 1.25M
Other cashflows from financing activities 0.60M 0.17M 0.35M -0.37M 0.29M
Change to netincome 2.44M 2.17M 1.17M 2.11M 2.59M
Capital expenditures 2.88M 1.64M 4.66M 5.25M 10.68M
Change in working capital -1.18M 0.60M 4.07M 0.33M 1.45M
Stock based compensation - - 0.04M - -
Other non cash items 1.85M 3.24M 2.08M 1.64M 0.49M
Free cash flow -5.27M -1.96M -1.55M -2.48M -0.60M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
OMG
Omai Gold Mines Corp
-
-%
1.69 - - - 62.63 -4.09
ASE
Asante Gold Corporation
-0.01
0.76%
0.66 - 6.57 2.23 269.42 49.52
THX
Thor Explorations Ltd.
0.05
5.43%
0.97 3.41 2.77 2.87 1.88 2.44
MKO
Mako Mining Corp
-0.10
0.91%
10.95 18.47 2.34 6.21 4.73 10.00

Profile*

Gowest Gold Ltd

Gowest Gold Ltd. engages in the exploration and evaluation of gold mineral properties in Canada. The company focuses on the development of its 100% owned Bradshaw gold deposit, which is part of the North Timmins gold project located near Timmins, Ontario. It holds interest in the North Timmins Gold Project that covers one patented mining claim, 11 mining leases, and 62 unpatented mining claims covering an area of approximately 120 square kilometers in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp. The company also holds interest in the Frankfield Property, which comprise nine mining leases covering an area of 837 hectares; and 67.7% interest in the Pipestone Property consisting of two blocks covering an area of approximately 7,577 hectares. In addition, it holds 100% interest in the Tully Property that consists of two claim blocks covering an area of approximately 2,513 hectares located in Tully Township; and the Gowest Whitney Property, which consists of nine patented claims covering an area of approximately 144 hectares located in Timmins, Ontario. The company was formerly known as Gowest Amalgamated Resources Ltd. and changed its name to Gowest Gold Ltd. in March 2011. Gowest Gold Ltd. is headquartered in Toronto, Canada.

277 Suburban Drive, Suffolk, VA, United States, 23434

757 966 1432

Name Title Year Born
Mr. Danny Meeks CEO & Chairman 1974
Ms. Ashley Sickles Chief Financial Officer 1988

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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