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
Debut Diamonds. 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
Debut Diamonds'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 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
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 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.
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.
Debut Diamonds'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. 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.
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.
CEO & Director
Chief Financial Officer
Chief Administrative Officer
Vice President of Corporate Communications
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Debut Diamonds board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
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.
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