Gold Standard Ventures Corp (NYSE:GSV) is an interesting stock at present. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.
Gold Standard Ventures Corp (NYSE:GSV) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For GSV, the company currently has 41.39 million of cash on the books. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 178.93 million in total assets, balanced by 1.91 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
Gold Standard Ventures Corp (GSV) saw -2.98 million in free cash flow last quarter, representing a quarterly net change in cash of -8.95 million. Perhaps most importantly where cash movements are concerned, the company saw about -2.98 million in net operating cash flow.
Gold Standard Ventures Corp (NYSE:GSV) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. That represents a quarterly year/year change in revenues of 0.00 in sequential terms, the GSV saw sales decline by 0.00.
But what about the bottom line? After all, that’s what really matters in the end. Gold Standard Ventures Corp (GSV) is intriguing when broken down to its core data. The cost of selling goods last quarter was 10,149, yielding a gross basic income of -10,149 . For shareholders, given the total diluted outstanding shares of 224.54 million, this means overall earnings per share of -0.01.
Is Gold Standard Ventures Corp (NYSE:GSV) Valuation Attractive
We consider a median price to earnings ratio on the stock, that corresponds with a stock price of 9,999. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Gold Standard Ventures Corp.