Golden Independence Mining Corp. Logo

Golden Independence Mining Corp.

IGLD.CN

(1.2)
Stock Price

0,44 CAD

-13.26% ROA

-16.11% ROE

-4.04x PER

Market Cap.

8.137.668,00 CAD

0% DER

0% Yield

0% NPM

Golden Independence Mining Corp. Stock Analysis

Golden Independence Mining Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Golden Independence Mining Corp. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.35x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

4 ROE

Negative ROE (-16.63%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-12.44%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (0) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Golden Independence Mining Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Golden Independence Mining Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Golden Independence Mining Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Golden Independence Mining Corp. Revenue
Year Revenue Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Golden Independence Mining Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Golden Independence Mining Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2017 99.288
2018 293.406 66.16%
2019 167.860 -74.79%
2020 1.544.384 89.13%
2021 1.294.904 -19.27%
2022 527.323 -145.56%
2023 506.428 -4.13%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Golden Independence Mining Corp. EBITDA
Year EBITDA Growth
2017 -99.288
2018 -293.406 66.16%
2019 -167.860 -74.79%
2020 -1.963.464 91.45%
2021 -2.759.643 28.85%
2022 -501.586 -450.18%
2023 -592.892 15.4%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Golden Independence Mining Corp. Gross Profit
Year Gross Profit Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Golden Independence Mining Corp. Net Profit
Year Net Profit Growth
2017 -99.288
2018 -293.406 66.16%
2019 -167.860 -74.79%
2020 -1.963.464 91.45%
2021 -2.564.723 23.44%
2022 -1.154.242 -122.2%
2023 -613.148 -88.25%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Golden Independence Mining Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2017 0
2018 -1 0%
2019 0 0%
2020 -2 100%
2021 -1 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Golden Independence Mining Corp. Free Cashflow
Year Free Cashflow Growth
2017 -80.974
2018 -340.748 76.24%
2019 -160.140 -112.78%
2020 -1.600.337 89.99%
2021 -7.715.071 79.26%
2022 -702.987 -997.47%
2023 -40.690 -1627.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Golden Independence Mining Corp. Operating Cashflow
Year Operating Cashflow Growth
2017 -12.251
2018 -260.449 95.3%
2019 -160.140 -62.64%
2020 -800.641 80%
2021 -2.290.001 65.04%
2022 -357.686 -540.23%
2023 -40.539 -782.33%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Golden Independence Mining Corp. Capital Expenditure
Year Capital Expenditure Growth
2017 68.723
2018 80.299 14.42%
2019 0 0%
2020 799.696 100%
2021 5.425.070 85.26%
2022 345.301 -1471.11%
2023 151 -230100.67%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Golden Independence Mining Corp. Equity
Year Equity Growth
2017 101.812
2018 356.446 71.44%
2019 699.001 49.01%
2020 4.509.260 84.5%
2021 10.931.340 58.75%
2022 10.189.366 -7.28%
2023 14.852.231 31.4%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Golden Independence Mining Corp. Assets
Year Assets Growth
2017 166.986
2018 367.795 54.6%
2019 706.399 47.93%
2020 4.910.990 85.62%
2021 11.062.830 55.61%
2022 10.479.617 -5.57%
2023 15.197.857 31.05%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Golden Independence Mining Corp. Liabilities
Year Liabilities Growth
2017 65.174
2018 11.349 -474.27%
2019 7.398 -53.41%
2020 401.730 98.16%
2021 131.490 -205.52%
2022 290.251 54.7%
2023 345.626 16.02%

Golden Independence Mining Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.11
Price to Earning Ratio
-4.04x
Price To Sales Ratio
0x
POCF Ratio
-7.29
PFCF Ratio
-6.81
Price to Book Ratio
0.55
EV to Sales
0
EV Over EBITDA
-5.21
EV to Operating CashFlow
-5.99
EV to FreeCashFlow
-5.59
Earnings Yield
-0.25
FreeCashFlow Yield
-0.15
Market Cap
0,01 Bil.
Enterprise Value
0,01 Bil.
Graham Number
1.4
Graham NetNet
0.06

Income Statement Metrics

Net Income per Share
-0.11
Income Quality
0.63
ROE
-0.16
Return On Assets
-0.13
Return On Capital Employed
-0.1
Net Income per EBT
1.14
EBT Per Ebit
1.17
Ebit per Revenue
0
Effective Tax Rate
-0.14

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.06
Free CashFlow per Share
-0.06
Capex to Operating CashFlow
0.07
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.12
Return on Tangible Assets
-0.13
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0

Balance Sheet

Cash per Share
0,08
Book Value per Share
0,80
Tangible Book Value per Share
0.8
Shareholders Equity per Share
0.8
Interest Debt per Share
0.01
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
1.13
Current Ratio
17.86
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
6325.03
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Golden Independence Mining Corp. Dividends
Year Dividends Growth

Golden Independence Mining Corp. Profile

About Golden Independence Mining Corp.

Golden Independence Mining Corp. engages in the acquisition and exploration of mineral property assets in Canada. It explores for gold and silver ores. The company also has an option to acquire 75% interest in the Independence gold project consisting of 14 unpatented lode claims and mill-site mining claims covering an area of approximately 960 acres located in Battle Mountain, Nevada. In addition, it holds interest in the Fraser Lake copper project that comprises of three claim blocks covering an area of approximately 9,900 hectares located in the Quesnel Trough of Central British Columbia. The company was formerly known as 66 Resources Corp. and changed its name to Golden Independence Mining Corp. in September 2020. Golden Independence Mining Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.

CEO
Mr. Jeremy Poirier
Employee
0
Address
503 – 905 West Pender St.
Vancouver, V6C 1L6

Golden Independence Mining Corp. Executives & BODs

Golden Independence Mining Corp. Executives & BODs
# Name Age
1 Mr. Ralph Timothy Henneberry B.Sc., P. Geo., P.Geo.
President & Director
70
2 Mr. Joel Leonard C.A., C.P.A.
Chief Financial Officer & Corporation Sec.
70
3 Mr. Warren D. Robb B.Sc., P.Geo.
Vice President of Exploration & Director
70
4 Mr. Joel Leonard C.A., CPA
Chief Financial Officer & Corporate Secretary
70
5 Mr. Jeremy Poirier
Chief Executive Officer & Director
70

Golden Independence Mining Corp. Competitors