GRANADA GOLD MINE INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.14
Market capitalization 7.53M
Operating cash flow -4.63M
ESG Scores unknown

Company description

Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It explores for gold and silver deposits. The company holds 100% interest in the Granada property, which comprises 2 mining leases and 50 mining claims covering an area of 1,474 hectares located in Rouyn-Noranda, Quebec. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc. in January 2017. Granada Gold Mine Inc. was incorporated in 1985 and is headquartered in Coquitlam, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -968.44k 804.03k -185.44k 943.58k
Total Cashflows From Investing Activities -131.7k -50.66k -50.66k 92.46k
Net Borrowings 250k
Total Cash From Financing Activities 2.93M 1.57M 2.25M 5.13M
Change To Operating Activities 36.67k -172.8k -172.8k -986.68k
Issuance Of Stock 2.19M 1.79M 2.33M 5.35M
Net Income -225.5k -4.56M -3.7M -3.63M
Change In Cash -39.43k 88.09k 99.65k -74.81k
Effect Of Exchange Rate
Total Cash From Operating Activities -2.84M -1.48M -2.1M -5.3M
Depreciation 17.19k 38.6k 45.02k 44.85k
Change To Account Receivables -154.64k 44.51k
Other Cashflows From Financing Activities 484.11k -220.18k -72.61k -210.67k
Change To Netincome -1.54M 2.19M 1.91M -1.68M
Capital Expenditures -131.7k -50.66k -50.66k -184.14k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -225.5k -4.56M -3.7M -3.63M
Net Income -225.5k -4.56M -3.7M -3.63M
Selling General Administrative 1.33M 1.23M 927.54k 940.34k
Gross Profit
Ebit -2.94M -2.61M -2.57M -5.24M
Operating Income -2.94M -2.61M -2.57M -5.24M
Interest Expense -142.4k -142.4k -154.85k -149.78k
Income Tax Expense 1.75k
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 2.71M -1.96M -1.13M 1.61M
Net Income From Continuing Ops -225.5k -4.56M -3.7M -3.63M
Net Income Applicable To Common Shares -225.5k -4.56M -3.7M -3.63M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 5.68M 6.91M 8.26M 9.4M
Total Stockholder Equity -1.45M -6.19M -7.27M -5.6M
Other Current Liabilities 3.63M 4.03M 4.99M 5.37M
Total Assets 4.23M 718.75k 996.83k 3.8M
Common Stock 60.43M 62.61M 65.5M 70.36M
Other Current Assets
Retained Earnings -66.54M -72.54M -76.01M -79.39M
Treasury Stock 4.67M 3.73M 3.24M 3.43M
Cash 80.18k 168.27k 267.91k 193.1k
Total Current Liabilities 5.68M 6.91M 7.88M 9.01M
Other Stockholder Equity 4.67M 3.73M 3.24M 3.43M
Property, Plant, and Equipment 175.51k 136.91k 142.54k 196.37k
Total Current Assets 366.46k 410.04k 682.48k 3.23M
Net Tangible Assets -1.45M -6.19M -7.27M -5.6M
Net Receivables 285.28k 240.77k 413.57k 1.39M
Accounts Payable 290.87k 378.77k 421.23k 862.61k


Insider Transactions

Here are the insider transactions of stock shares related to GRANADA GOLD MINE INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Basa (Frank Joseph)Acquisition or disposition carried out privately at price 0.07 per share.D2020-05-18Director of Issuer82.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to GRANADA GOLD MINE INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GRANADA GOLD MINE INC

Here is the result of two systematic investment strategies applied to GRANADA GOLD MINE INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on GRANADA GOLD MINE INC

The following chart shows the equity curve of the two systematic investment strategies applied to GRANADA GOLD MINE INC:

GRANADA GOLD MINE INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -1.39% on the backtest period.

Performance at glance

Performance

-1.39 %

Latent gain

-31.22 C$

Invested capital

2249.72 C$

Annualized return

-0.34 %
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Momentum strategy results on GRANADA GOLD MINE INC

This is the result of two momentum investment strategies applied to GRANADA GOLD MINE INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on GRANADA GOLD MINE INC

The following chart shows all the entries opened by the momentum investment system on GRANADA GOLD MINE INC:

GRANADA GOLD MINE INC momentum entries
  • The first momentum investment strategy would give 18.2% of return on GRANADA GOLD MINE INC. That represents 1046.29C$ of latent gain with 5750.33C$ of employed capital.
  • The second momentum investment strategy would give 20.02% of return on GRANADA GOLD MINE INC. That represents 850.96C$ of latent gain with 4249.88C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

18.2 %

Latent gain

1046.29 C$

Invested capital

5750.33 C$

Annualized return

2.79 %
Performance at glance (2Q Momentum)

Performance

20.02 %

Latent gain

850.96 C$

Invested capital

4249.88 C$

Annualized return

5.47 %

Momentum equity curve on GRANADA GOLD MINE INC

The following chart shows the equity curve of the two momentum strategies applied to GRANADA GOLD MINE INC:

GRANADA GOLD MINE INC momentum equity

Note: the dividends potentially given by GRANADA GOLD MINE INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GRANADA GOLD MINE INC

The following chart shows the employed capital evolution of the two momentum strategies on GRANADA GOLD MINE INC since the beginning:

GRANADA GOLD MINE INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on GRANADA GOLD MINE INC

Buy the dip entry openings on GRANADA GOLD MINE INC

GRANADA GOLD MINE INC

The performance achieved by the robo-advisor on GRANADA GOLD MINE INC is 5.97%. That represents 29.87$ of latent gain with 500.05C$ of employed capital. The following chart shows GRANADA GOLD MINE INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GRANADA GOLD MINE INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

5.97 %

Latent gain

29.87 C$

Invested capital

500.05 C$

Annualized return

2.79 %

Equity curve of the strategy applied to GRANADA GOLD MINE INC

The following chart shows the result of the investment strategy applied to GRANADA GOLD MINE INC:

GRANADA GOLD MINE INC

Note: the dividends potentially given by GRANADA GOLD MINE INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GRANADA GOLD MINE INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on GRANADA GOLD MINE INC:

GRANADA GOLD MINE INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on GRANADA GOLD MINE INC

In this section, I will compare the three previous investment strategies applied to GRANADA GOLD MINE INC.

Equity curve comparison on GRANADA GOLD MINE INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

GRANADA GOLD MINE INC investment strategy comparison

Employed capital comparison on GRANADA GOLD MINE INC

GRANADA GOLD MINE INC investment comparison

Performance comparison on GRANADA GOLD MINE INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -1.39% -31.22C$ 2249.72C$ -0.34%
Momentum 1 quarter 18.2% 1046.29C$ 5750.33C$ 4.67%
Momentum 2 quarters 20.02% 850.96C$ 4249.88C$ 5.47%
Non-directional 5.97% 29.87C$ 500.05C$ 2.79%
Annualized return comparison

Automatic investment

-0.34 %

Momentum 1Q

5.47 %

Momentum 2Q

5.47 %

Non-directional

2.79 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GRANADA GOLD MINE INC:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between GRANADA GOLD MINE INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of GRANADA GOLD MINE INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name GRANADA GOLD MINE INC
Country Canada
City Coquitlam
Address 3028 Quadra Court
Phone
Website www.granadagoldmine.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker GGM.XTSX
Market www.tsx.com

GRANADA GOLD MINE INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown