Logo image of HIGH.CA

HIGHGOLD MINING INC (HIGH.CA) Stock Fundamental Analysis

TSX-V:HIGH - TSX Venture Exchange - CA42984X1096 - Common Stock - Currency: CAD

0.52  +0.03 (+5.05%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to HIGH. HIGH was compared to 799 industry peers in the Metals & Mining industry. While HIGH has a great health rating, there are worries on its profitability. HIGH has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year HIGH has reported negative net income.
In the past year HIGH has reported a negative cash flow from operations.
In the past 5 years HIGH always reported negative net income.
In the past 5 years HIGH always reported negative operating cash flow.
HIGH.CA Yearly Net Income VS EBIT VS OCF VS FCFHIGH.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 -5M -10M -15M

1.2 Ratios

With a decent Return On Assets value of -5.53%, HIGH is doing good in the industry, outperforming 70.16% of the companies in the same industry.
HIGH's Return On Equity of -5.55% is fine compared to the rest of the industry. HIGH outperforms 73.49% of its industry peers.
Industry RankSector Rank
ROA -5.53%
ROE -5.55%
ROIC N/A
ROA(3y)-3.76%
ROA(5y)-4.01%
ROE(3y)-3.78%
ROE(5y)-4.14%
ROIC(3y)N/A
ROIC(5y)N/A
HIGH.CA Yearly ROA, ROE, ROICHIGH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 -2 -4 -6

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for HIGH so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
HIGH.CA Yearly Profit, Operating, Gross MarginsHIGH.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023

8

2. Health

2.1 Basic Checks

The number of shares outstanding for HIGH has been increased compared to 1 year ago.
Compared to 1 year ago, HIGH has an improved debt to assets ratio.
HIGH.CA Yearly Shares OutstandingHIGH.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 20M 40M 60M 80M
HIGH.CA Yearly Total Debt VS Total AssetsHIGH.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 20M 40M 60M

2.2 Solvency

HIGH has an Altman-Z score of 139.60. This indicates that HIGH is financially healthy and has little risk of bankruptcy at the moment.
HIGH has a Altman-Z score of 139.60. This is amongst the best in the industry. HIGH outperforms 97.29% of its industry peers.
HIGH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 139.6
ROIC/WACCN/A
WACCN/A
HIGH.CA Yearly LT Debt VS Equity VS FCFHIGH.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 20M 40M 60M

2.3 Liquidity

HIGH has a Current Ratio of 24.24. This indicates that HIGH is financially healthy and has no problem in meeting its short term obligations.
HIGH has a better Current ratio (24.24) than 93.83% of its industry peers.
HIGH has a Quick Ratio of 24.24. This indicates that HIGH is financially healthy and has no problem in meeting its short term obligations.
HIGH's Quick ratio of 24.24 is amongst the best of the industry. HIGH outperforms 93.83% of its industry peers.
Industry RankSector Rank
Current Ratio 24.24
Quick Ratio 24.24
HIGH.CA Yearly Current Assets VS Current LiabilitesHIGH.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 5M 10M 15M 20M

1

3. Growth

3.1 Past

HIGH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.61%.
EPS 1Y (TTM)-52.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%19.9%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, HIGH will show a very strong growth in Earnings Per Share. The EPS will grow by 119.89% on average per year.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y24.96%
EPS Next 2Y11.79%
EPS Next 3Y150.41%
EPS Next 5Y119.89%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
HIGH.CA Yearly Revenue VS EstimatesHIGH.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2026 2027 2028 100M 200M 300M 400M
HIGH.CA Yearly EPS VS EstimatesHIGH.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 2028 0 0.5 1 1.5 2 2.5

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for HIGH. In the last year negative earnings were reported.
Also next year HIGH is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HIGH.CA Price Earnings VS Forward Price EarningsHIGH.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HIGH.CA Per share dataHIGH.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4 0.6

4.3 Compensation for Growth

HIGH's earnings are expected to grow with 150.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.79%
EPS Next 3Y150.41%

0

5. Dividend

5.1 Amount

No dividends for HIGH!.
Industry RankSector Rank
Dividend Yield N/A

HIGHGOLD MINING INC

TSX-V:HIGH (7/11/2024, 7:00:00 PM)

0.52

+0.03 (+5.05%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)04-23 2024-04-23/amc
Earnings (Next)N/A N/A
Inst Owners19.17%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap46.19M
Analysts80
Price Target2.14 (311.54%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 0.85
P/tB 0.85
EV/EBITDA N/A
EPS(TTM)-0.03
EYN/A
EPS(NY)-0.03
Fwd EYN/A
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0
BVpS0.61
TBVpS0.61
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -5.53%
ROE -5.55%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-3.76%
ROA(5y)-4.01%
ROE(3y)-3.78%
ROE(5y)-4.14%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 15477.3%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 24.24
Quick Ratio 24.24
Altman-Z 139.6
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%19.9%
EPS Next Y24.96%
EPS Next 2Y11.79%
EPS Next 3Y150.41%
EPS Next 5Y119.89%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year99.87%
EBIT Next 3Y212.8%
EBIT Next 5Y161.69%
FCF growth 1Y30.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.3%
OCF growth 3YN/A
OCF growth 5YN/A