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Debut Diamonds

CNSX:DDI
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DDI
CNSX
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Debut Diamonds Inc. does not have significant operations. The last earnings update was 72 days ago. More info.


Add to Portfolio Compare Print
DDI Share Price and Events
7 Day Returns
-16.7%
CNSX:DDI
-6%
CA Metals and Mining
-6.2%
CA Market
1 Year Returns
-25%
CNSX:DDI
2.2%
CA Metals and Mining
-2%
CA Market
DDI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Debut Diamonds (DDI) -16.7% -7.4% 50% -25% -25% -
CA Metals and Mining -6% -1% 4.9% 2.2% -4.5% 21.4%
CA Market -6.2% -5% -2.8% -2% 0.6% 8.9%
1 Year Return vs Industry and Market
  • DDI underperformed the Metals and Mining industry which returned 2.2% over the past year.
  • DDI underperformed the Market in Canada which returned -2% over the past year.
Price Volatility
DDI
Industry
5yr Volatility vs Market

Value

 Is Debut Diamonds undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Debut Diamonds. This is due to cash flow or dividend data being unavailable. The share price is CA$0.125.
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 Debut Diamonds's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Debut Diamonds's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:DDI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in CAD CA$0.00
CNSX:DDI Share Price ** CNSX (2020-02-27) in CAD CA$0.13
Canada Metals and Mining Industry PE Ratio Median Figure of 79 Publicly-Listed Metals and Mining Companies 15.4x
Canada Market PE Ratio Median Figure of 509 Publicly-Listed Companies 14.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Debut Diamonds.

CNSX:DDI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:DDI Share Price ÷ EPS (both in CAD)

= 0.13 ÷ 0.00

-36.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Debut Diamonds is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Debut Diamonds is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Debut Diamonds's expected growth come at a high price?
Raw Data
CNSX:DDI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -36.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 40 Publicly-Listed Metals and Mining Companies 0.88x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Debut Diamonds, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Debut Diamonds's assets?
Raw Data
CNSX:DDI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in CAD CA$0.02
CNSX:DDI Share Price * CNSX (2020-02-27) in CAD CA$0.13
Canada Metals and Mining Industry PB Ratio Median Figure of 1,047 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,345 Publicly-Listed Companies 1.31x
CNSX:DDI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:DDI Share Price ÷ Book Value per Share (both in CAD)

= 0.13 ÷ 0.02

6.7x

* Primary Listing of Debut Diamonds.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Debut Diamonds is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Debut Diamonds's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Debut Diamonds has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Debut Diamonds expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Debut Diamonds 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 growth 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 it right!
Annual Growth Rate
15%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Debut Diamonds expected to grow at an attractive rate?
  • Unable to compare Debut Diamonds's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Debut Diamonds's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Debut Diamonds's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:DDI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 15%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:DDI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:DDI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-10-31 0 0
2019-07-31 0 0
2019-04-30 0 0
2019-01-31 0 0
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Debut Diamonds is high growth as no earnings estimate data is available.
  • Unable to determine if Debut Diamonds 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.
Raw Data
CNSX:DDI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Debut Diamonds Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DDI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-10-31 0.00
2019-07-31 0.00
2019-04-30 0.00
2019-01-31
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 0.00
2018-01-31 0.00
2017-10-31 0.00
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Debut Diamonds will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Debut Diamonds's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Debut Diamonds's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Debut Diamonds's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Debut Diamonds's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Debut Diamonds has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Debut Diamonds performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Debut Diamonds's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Debut Diamonds does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Debut Diamonds's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Debut Diamonds's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Debut Diamonds's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Debut Diamonds Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DDI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 -0.08 0.07
2019-07-31 -0.06 0.05
2019-04-30 -0.05 0.04
2019-01-31 -0.05 0.04
2018-10-31 -0.04 0.03
2018-07-31 -0.05 0.03
2018-04-30 -0.04 0.03
2018-01-31 -0.06 0.05
2017-10-31 -0.06 0.04
2017-07-31 -0.05 0.04
2017-04-30 -0.05 0.04
2017-01-31 -0.09 0.04
2016-10-31 -0.17 0.07
2016-07-31 -0.27 0.08
2016-04-30 -0.25 0.08
2016-01-31 -0.63 0.02
2015-10-31 -0.85 0.04
2015-07-31 -0.87 0.15
2015-04-30 -1.14 0.21
2015-01-31 -0.75 0.32
2014-10-31 -0.54 0.31
2014-07-31 -0.54 0.22
2014-04-30 -0.42 0.18
2014-01-31 -0.88 0.24
2013-10-31 -2.83 1.72
2013-07-31 -4.39 3.46
2013-04-30 -4.63 3.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Debut Diamonds has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Debut Diamonds has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Debut Diamonds improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Debut Diamonds's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Debut Diamonds 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Debut Diamonds's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Debut Diamonds's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Debut Diamonds is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Debut Diamonds has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Debut Diamonds's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debut Diamonds has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Debut Diamonds Company Filings, last reported 3 months ago.

CNSX:DDI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 0.49 0.00 0.52
2019-07-31 0.52 0.00 0.54
2019-04-30 0.53 0.00 0.55
2019-01-31 0.55 0.00 0.56
2018-10-31 -0.13 0.09 0.00
2018-07-31 -0.11 0.08 0.01
2018-04-30 -0.11 0.00 0.01
2018-01-31 -0.10 0.08 0.01
2017-10-31 -0.09 0.08 0.03
2017-07-31 -0.07 0.00 0.01
2017-04-30 -0.06 0.00 0.01
2017-01-31 -0.04 0.00 0.00
2016-10-31 -0.03 0.00 0.00
2016-07-31 -0.02 0.00 0.01
2016-04-30 -0.01 0.00 0.00
2016-01-31 0.05 0.00 0.05
2015-10-31 0.08 0.00 0.14
2015-07-31 0.24 0.00 0.30
2015-04-30 0.24 0.00 0.28
2015-01-31 0.28 0.00 0.31
2014-10-31 -0.63 1.24 0.64
2014-07-31 -0.47 1.18 0.72
2014-04-30 -0.09 1.13 1.03
2014-01-31 -0.62 1.38 0.78
2013-10-31 -0.46 1.31 0.85
2013-07-31 -0.60 0.00 0.76
2013-04-30 -0.03 0.92 0.92
  • Debut Diamonds has no debt.
  • Debut Diamonds currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Debut Diamonds has sufficient cash runway for more than 3 years based on current free cash flow.
  • Debut Diamonds has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -31.2% each year.
X
Financial health checks
We assess Debut Diamonds's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Debut Diamonds has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Debut Diamonds's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Debut Diamonds dividends.
If you bought CA$2,000 of Debut Diamonds shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Debut Diamonds's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Debut Diamonds's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:DDI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Debut Diamonds has not reported any payouts.
  • Unable to verify if Debut Diamonds's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Debut Diamonds's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Debut Diamonds has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Debut Diamonds's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Debut Diamonds afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Debut Diamonds has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Debut Diamonds's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Mike Lerner
TENURE AS CEO 0.2 years
CEO Bio

Mr. Michael Ian Lerner also known as Mike, serves as Chief Executive Officer, Chief Financial Officer and Director of MGM Resources Corp. since May 2019. Mr. Lerner has been Chief Executive Officer and Director of Debut Diamonds Inc. since December 23, 2019. Mr. Lerner served as Director of Spyder Cannabis Inc. (formerly, Anchor Capital Corporation) until February, 2020. He serves as President, Director and Chief Executive Officer of Prominex Resource Corporation since April 2019 and is its Chief Financial Officer since September 2019. He serves as Chief Executive Officer and Director of Red Pine Petroleum Ltd. since April 12, 2019. He has been the Chief Executive Officer and Director of Added Capital Inc. since March 14, 2019 and serves as its President. Mr. Lerner served as President, Chief Executive Officer and Director at Hinterland Metals Inc., since January 18, 2019 until March 4, 2019. Mr. Lerner has been Chief Executive Officer and Director of Randsburg International Gold Corporation since July 24, 2018. Mr. Lerner served as an Independent Director of Jet Gold Corp. from April 30, 2014 to November 5, 2014. Mr. Lerner has served in institutional equity for the past fifteen years in various roles, primarily covering U.S. mutual funds and hedge funds investing in Canada. Mr. Lerner has been working in capital markets and institution equity. He has worked for bank-owned investment dealers and small boutiques during his career both as an equity salesperson-trader as well as an investment banker. Mr. Lerner also ran a risk arbitrage hedge book for a Canadian bank where he traded some of the largest transactions in Canadian mining history, including multiple offers on Falconbridge, Dofasco and Inco. He works for a boutique investment dealer in Toronto. In 2008, he began working for an independent dealer where he led and participated in over 50 million dollars of financing for mico-cap mining companies. He served as a Director of Deep-South Resources Inc. from April 30, 2014 to November 05, 2014. Mr. Lerner has experience in the natural resources market, starting as an institutional trader at CIBC and Wellington West and then as a professional trader and financier focused on junior mining stocks at Dominick and Dominick. Since 2012, Mr. Lerner has become more involved in the operations of junior mining companies as an officer or director of public companies including Jiminex Inc., since October 2016 Fairmont Resources Inc., since December 2017 and Navasota Resources since January 2017 where he has helped to rehabilitate these companies. He served as Director of Happy Creek Minerals Ltd. from May 28, 2012 to June 16, 2013. Mr. Lerner holds a B.A. degree in Honours Political Science from the University of Regina.

CEO Compensation
  • Insufficient data for Mike to compare compensation growth.
  • Insufficient data for Mike to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Mike Lerner

TITLE
CEO & Director
TENURE
0.2 yrs

Harvey McKenzie

TITLE
Chief Financial Officer
TENURE
0.2 yrs

Sarah Marriott

TITLE
Chief Administrative Officer

Bruce Hodgman

TITLE
Vice President of Corporate Communications

Luce Saint-Pierre

TITLE
Company Secretary
AGE
73
Board of Directors Tenure

Average tenure of the Debut Diamonds board of directors in years:

0.2
Average Tenure
  • The average tenure for the Debut Diamonds board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mike Lerner

TITLE
CEO & Director
TENURE
0.2 yrs

Greg Wilson

TITLE
Independent Director
AGE
55
TENURE
1.3 yrs

Emily Lerner

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Debut Diamonds's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Debut Diamonds has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Debut Diamonds Inc. does not have significant operations. Previously, the company was engaged in the acquisition, exploration, and development of mineral properties. The company was formerly known as Debuts Diamonds Inc. and changed its name to Debut Diamonds Inc. in June 2011. The company was incorporated in 2007 and is headquartered in Toronto, Canada.

Details
Name: Debut Diamonds Inc.
DDI
Exchange: CNSX
Founded: 2007
CA$4,038,532
26,055,051
Website: http://www.debutdiamonds.com
Address: Debut Diamonds Inc.
141 Adelaide Street West,
Suite 420,
Toronto,
Ontario, M5H 3L5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX DDI Common Stock Canadian National Stock Exchange CA CAD 22. Mar 2012
Number of employees
Current staff
Staff numbers
0
Debut Diamonds employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/29 02:46
End of day share price update: 2020/02/27 00:00
Last earnings filing: 2019/12/19
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.