Commerce Group Corp.

Commerce Group Corp.

CGCO
Commerce Group Corp.US flagOther OTC
0.00
USD
- -
- -
307,508.00Market Cap
Commerce Group Corp.
CGCO
(Other OTC)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
TTM
FRC
0.18
0.2
0.13
0.08
0.04
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
0.11
0.12
0.01
-0.01
-0.03
0.01
- -
-0.01
-0.01
-0.01
-0.01
-0.1
-0.11
-0.98
-0.16
-0.18
Basic EPS, GAAP
0.06
0.15
0.06
0.06
0.03
0.14
0.01
-0.02
-0.02
-0.02
-0.02
-0.02
-0.02
-0.02
-0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.3
0.41
0.14
0.12
0.1
0.11
0.1
0.1
0.06
0.05
0.04
-0.6
-0.64
-1.57
-1.72
-1.86
Book Value per Share
2.06
2.17
1.78
1.67
1.61
1.43
1.25
1.11
0.97
0.9
0.86
0.16
0.05
-0.93
-1.09
-1.22
Tangible Book Value per Share
7
8
10
11
12
14
16
19
21
23
24
25
28
31
31
31
Basic Weighted Avg Shares
1
2
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
93.55
95.83
0.2
-35.86
-100.45
52.88
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
-3
-3
-30
-5
-5
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
58.56
61.81
9.15
-10.65
-82.44
54.41
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-5
-5
-6
-8
-7
-9
-11
-11
-13
-15
-18
-21
-24
-29
-33
-38
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
15
19
18
19
20
20
20
21
20
20
20
4
1
-29
-33
-38
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
28.64
3.78
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
36.5
4.99
-6.42
-30.36
9.39
-2.69
-12.95
-15.4
-20.8
-15.72
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'11
Sep'11
Dec'11
ST Debt
29
31
32
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
1
1
1

Working Capital

FRC

in mil. unless spec.
Jun'11
Sep'11
Dec'11
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
35
36
38
Payables & Accruals
6
6
6
ST Debt
29
31
32
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-215.25%
-431.24%
17.09%
Free Cash Flow
-7.93%
-4.16%
-51.9%
Net Income, GAAP
247.31%
460.26%
-83.75%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2009
- -
- -
- -
- -
- -
2010
- -
- -
- -
- -
- -
2011
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2009
-0.03
-0.03
-0.03
- -
-0.98
2010
-0.04
-0.04
-0.04
- -
-0.16
2011
-0.04
-0.05
-0.05
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2009
- -
- -
- -
- -
- -
2010
- -
- -
- -
- -
- -
2011
- -
- -
- -
- -
- -
Business
Commerce Group Corp. (CGCO) engages in the exploration, exploitation, development, extraction, and processing of precious metals, primarily gold and silver, in the Republic of El Salvador, Central America. The company holds interests in key properties including the San Sebastian Gold Mine, Modesto Mine, San Cristobal Mill and Plant, New San Sebastian Exploration License, Nueva Esparta Exploration License, and related vein systems such as Montañita, Tempique, Guarumo, Santa Gertrudis, El Indio, and Montemayor; it targets gold and silver ore reserves along mineralized belts in the departments of La Union and Morazan. Founded in 1962 and headquartered at N8 W22577 Johnson Drive in Waukesha, Wisconsin, the company operates exclusively in El Salvador's diversified metals and mining sector, serving investors seeking exposure to precious metals exploration amid regional regulatory challenges. Operations focus on reactivating historical mining sites with potential high-grade deposits, such as the San Sebastian Gold Mine located two and one-half miles northwest of Santa Rosa de Lima near the Pan American Highway, supported by preliminary exploration data indicating promising ore grades including up to 0.29 ounces of gold and 12 ounces of silver per ton in certain vein stopes. The company maintains a lean structure under CEO and President Edward A. Machulak, with securities quoted on OTC Markets under the CGCO.QB symbol. No active production revenue is reported in recent financials, reflecting a development-stage profile with emphasis on securing exploration licenses and environmental compliance. In recent years, Commerce Group Corp. faced significant setbacks including the revocation of mining licenses and environmental permits by the El Salvador government due to pollution at the San Sebastian Gold Mine, prompting arbitration through the International Centre for Settlement of Investment Disputes (ICSID Case ARB/09/17) alongside partner San Sebastian Gold Mines Inc., which ruled in favor of the government. The company continues exploration efforts under licenses like Nueva Esparta (Resolution 271, issued 2004 for four years with extension rights), estimating $2 million for preliminary work to assess operational viability, with no reported new funding rounds, acquisitions, partnerships, or product launches in 2024-2025. Trading remains at minimal volumes on OTC markets with stable low share prices around $0.0001 as of mid-2025, underscoring ongoing dormancy amid El Salvador's mining restrictions.