Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Crest Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Crest Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Crest Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Crest Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Crest Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Crest Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Crest Resources is high growth as no earnings estimate data is available.
Unable to determine if Crest Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Crest Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. John Michael William Collins, P. Geo, also known as Mike, has been Chairman, President and Chief Executive Officer of Crest Resources Inc. since September 26, 2019. He served as Vice President of Exploration & Development at Confederation Minerals Ltd. since June 2017 until May 23, 2019. Mr. Collins serves as President and Chief Executive Officer of Bluerock Resources Ltd., a British Columbia-based junior exploration company focused on acquiring and developing uranium properties. He served as the Vice President North America for Mining Plus Canada Ltd. He has developed a strong skill set in mineral exploration, deposit modelling and project development. He has worked as an officer and director of public companies since 2004. Michael has worked to develop mining and exploration projects around the world, recently identifying and building the model for Prime Mining’s acquisition and $8.5 million financing for the Los Reyes gold project. He served as a Director of Doublestar Resources Ltd. since August 2006. He graduated with a BSc. Honors from Dalhousie University in 1996 and was admitted to the Association of Professional Geologists of Ontario in 2003 and from APEGBC in March 2012. He has been a Director of Crest Resources Inc. since April 18, 2019. Mr. Collins is a Professional Geologist with extensive public market and consulting engineering management experience. His involvement includes production and exploration at the Red Lake Mine with Goldcorp, exploration work on the South Raglan project in the Ungava Peninsula with Canadian Royalties Inc., and gold and silver exploration and development in Canada, Mexico and Peru. His work has also taken him to such diverse environments as East Africa, Central and South America and Southeast Asia.
Insufficient data for Mike to compare compensation growth.
Mike's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Crest Resources management team is less than 2 years, this suggests a new team.
Mike William Collins
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Crest Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Mike William Collins
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Crest Resources individual insiders in the past 3 months, but not in substantial volumes.
Crest Resources Inc., a junior mining company, engages in the mineral exploration and the acquisition of mineral property assets in Canada. It has an option to acquire a 100% interest in the Red Metal Ridge Property that consists of six contiguous mineral titles covering an area of 1,381.50 hectares located in the Nanaimo Mining Division, British Columbia. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.