GUNGNIR RESOURCES INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 0.51
Market capitalization 12.46M
Operating cash flow -495.88k
ESG Scores unknown

Company description

Gungnir Resources Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties. The company primarily explores for gold, nickel, copper, cobalt, and base metals. Its key project is the Knaften property that covers an area of approximately 4,887 hectares located in northern Sweden. The company was formerly known as Anglo Swiss Resources Inc. and changed its name to Gungnir Resources Inc. in April 2014. Gungnir Resources Inc. was founded in 1966 and is based in Surrey, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -9.65k -113.52k -108.22k 26.06k
Total Cashflows From Investing Activities -451.14k -443.18k -357.48k -550.3k
Net Borrowings
Total Cash From Financing Activities 52.45k 677k 677k 990.08k
Change To Operating Activities -9.54k 3.29k -32.34k 4.62k
Issuance Of Stock 52.45k 465.26k 465.26k 889.04k
Net Income 680.09k 940.27k -628.02k -900.27k
Change In Cash 262.2k 605.87k -314.42k -56.1k
Effect Of Exchange Rate
Total Cash From Operating Activities 660.89k 1.05M -633.93k -495.88k
Depreciation 9.48k 9.48k 9.48k 9.48k
Change To Account Receivables
Other Cashflows From Financing Activities 211.74k 211.74k 211.74k 101.05k
Change To Netincome -16 219.01k 134.65k 364.24k
Capital Expenditures -451.14k -443.18k -341.69k -550.3k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 680.09k 940.27k -628.02k -900.27k
Net Income 680.09k 940.27k -628.02k -900.27k
Selling General Administrative 426.25k 655.95k 637.5k 878.42k
Gross Profit
Ebit 673.75k 944.17k -637.5k -887.9k
Operating Income 673.75k 944.17k -637.5k -887.9k
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 6.34k -3.91k 9.48k -12.37k
Net Income From Continuing Ops 680.09k 940.27k -628.02k -900.27k
Net Income Applicable To Common Shares 680.09k 940.27k -628.02k -900.27k

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 249.93k 132.49k 24.27k 50.33k
Total Stockholder Equity 2.09M 3.25M 3.43M 3.89M
Other Current Liabilities 225.6k 112.74k
Total Assets 2.34M 3.38M 3.46M 3.94M
Common Stock 30.23M 30.24M 30.62M 31.79M
Other Current Assets 157
Retained Earnings -35.21M -34.27M -34.9M -35.8M
Treasury Stock 420.33k 558.86k 960.43k 1.11M
Cash 956.04k 1.56M 1.25M 1.19M
Total Current Liabilities 249.93k 132.49k 24.27k 50.33k
Other Stockholder Equity 420.33k 558.86k 960.43k 1.11M
Property, Plant, and Equipment 1.34M 1.78M 2.12M 2.66M
Total Current Assets 968.92k 1.57M 1.29M 1.23M
Net Tangible Assets 2.09M 3.25M 3.43M 3.89M
Net Receivables 4.93k 9.59k 11.85k 7.39k
Accounts Payable 24.34k 19.75k 24.27k 50.33k


Insider Transactions

Here are the insider transactions of stock shares related to GUNGNIR RESOURCES INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
STATE MUTUAL AUTOMOBILE INSSale at price 1.00 per share.1986-10-22Beneficial Owner of more than 10% of a Class of Security249.5k

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 GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

Here is the result of two systematic investment strategies applied to GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

The following chart shows the equity curve of the two systematic investment strategies applied to GUNGNIR RESOURCES INC:

GUNGNIR RESOURCES INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.48% on the backtest period.

Performance at glance

Performance

-12.48 %

Latent gain

-280.84 C$

Invested capital

2249.94 C$

Annualized return

-2.93 %
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Momentum strategy results on GUNGNIR RESOURCES INC

This is the result of two momentum investment strategies applied to GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

The following chart shows all the entries opened by the momentum investment system on GUNGNIR RESOURCES INC:

GUNGNIR RESOURCES INC momentum entries
  • The first momentum investment strategy would give -6.8% of return on GUNGNIR RESOURCES INC. That represents -408.01C$ of latent gain with 5999.96C$ of employed capital.
  • The second momentum investment strategy would give -6.24% of return on GUNGNIR RESOURCES INC. That represents -280.74C$ of latent gain with 4499.86C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-6.8 %

Latent gain

-408.01 C$

Invested capital

5999.96 C$

Annualized return

-5.53 %
Performance at glance (2Q Momentum)

Performance

-6.24 %

Latent gain

-280.74 C$

Invested capital

4499.86 C$

Annualized return

-1.65 %

Momentum equity curve on GUNGNIR RESOURCES INC

The following chart shows the equity curve of the two momentum strategies applied to GUNGNIR RESOURCES INC:

GUNGNIR RESOURCES INC momentum equity

Note: the dividends potentially given by GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

The following chart shows the employed capital evolution of the two momentum strategies on GUNGNIR RESOURCES INC since the beginning:

GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

Buy the dip entry openings on GUNGNIR RESOURCES INC

GUNGNIR RESOURCES INC

The performance achieved by the robo-advisor on GUNGNIR RESOURCES INC is -12.5%. That represents -31.25$ of latent gain with 250.0C$ of employed capital. The following chart shows GUNGNIR RESOURCES INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GUNGNIR RESOURCES 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

-12.5 %

Latent gain

-31.25 C$

Invested capital

250.0 C$

Annualized return

-5.53 %

Equity curve of the strategy applied to GUNGNIR RESOURCES INC

The following chart shows the result of the investment strategy applied to GUNGNIR RESOURCES INC:

GUNGNIR RESOURCES INC

Note: the dividends potentially given by GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on GUNGNIR RESOURCES INC:

GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC

In this section, I will compare the three previous investment strategies applied to GUNGNIR RESOURCES INC.

Equity curve comparison on GUNGNIR RESOURCES INC

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

GUNGNIR RESOURCES INC investment strategy comparison

Employed capital comparison on GUNGNIR RESOURCES INC

GUNGNIR RESOURCES INC investment comparison

Performance comparison on GUNGNIR RESOURCES INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.48% -280.84C$ 2249.94C$ -2.93%
Momentum 1 quarter -6.8% -408.01C$ 5999.96C$ -1.69%
Momentum 2 quarters -6.24% -280.74C$ 4499.86C$ -1.65%
Non-directional -12.5% -31.25C$ 250.0C$ -5.53%
Annualized return comparison

Automatic investment

-2.93 %

Momentum 1Q

-1.65 %

Momentum 2Q

-1.65 %

Non-directional

-5.53 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GUNGNIR RESOURCES 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 GUNGNIR RESOURCES INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of GUNGNIR RESOURCES INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name GUNGNIR RESOURCES INC
Country Canada
City Surrey
Address 1688–152nd Street
Phone
Website www.gungnirresources.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker GUG.XTSX
Market www.tsx.com

GUNGNIR RESOURCES 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