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Deeprock Minerals

CNSX:DEEP
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DEEP
CNSX
CA$856K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Deeprock Minerals Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 53 days ago. More info.


Add to Portfolio Compare Print
DEEP Share Price and Events
7 Day Returns
-
CNSX:DEEP
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
-
CNSX:DEEP
22%
CA Metals and Mining
-0.1%
CA Market
DEEP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Deeprock Minerals (DEEP) - 16.7% 16.7% - - -
CA Metals and Mining 3.4% 1.6% 9.1% 22% -11.7% 0.3%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • No trading data on DEEP.
  • No trading data on DEEP.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Deeprock Minerals 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 Deeprock Minerals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.035.
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 Deeprock Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Deeprock Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:DEEP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$-0.04
CNSX:DEEP Share Price ** CNSX (2019-09-20) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 14.39x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of Deeprock Minerals.

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

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

= 0.04 ÷ -0.04

-1x

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

  • Deeprock Minerals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Deeprock Minerals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Deeprock Minerals's expected growth come at a high price?
Raw Data
CNSX:DEEP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1x
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 31 Publicly-Listed Metals and Mining Companies 1.06x
Canada Market PEG Ratio Median Figure of 245 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 Deeprock Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Deeprock Minerals's assets?
Raw Data
CNSX:DEEP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.01
CNSX:DEEP Share Price * CNSX (2019-09-20) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,098 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:DEEP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.01

3.31x

* Primary Listing of Deeprock Minerals.

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

  • Deeprock Minerals is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Deeprock Minerals'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. Deeprock Minerals 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 Deeprock Minerals 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 Deeprock Minerals 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
34.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Deeprock Minerals expected to grow at an attractive rate?
  • Unable to compare Deeprock Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Deeprock Minerals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Deeprock Minerals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:DEEP Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.8%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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:DEEP 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:DEEP Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 0 0
2019-02-28 0 0
2018-11-30 0 0
2018-08-31 0 0
2018-05-31 0 0
2018-02-28 0 0
2017-11-30 0 0
2017-08-31 0 0
2017-05-31 0 0
2017-02-28 0 0
2016-11-30 0 0
2016-08-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Deeprock Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Deeprock Minerals 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:DEEP 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 Deeprock Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DEEP Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 -0.04
2019-02-28 -0.03
2018-11-30 -0.03
2018-08-31 -0.03
2018-05-31 -0.03
2018-02-28 -0.05
2017-11-30 -0.05
2017-08-31 -0.06
2017-05-31 -0.03
2017-02-28 -0.01
2016-11-30 -0.01
2016-08-31 0.00

*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 Deeprock Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Deeprock Minerals'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
  2. Deeprock Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Deeprock Minerals'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.
Deeprock Minerals 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 Deeprock Minerals 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 Deeprock Minerals'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.
  • Deeprock Minerals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Deeprock Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Deeprock Minerals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Deeprock Minerals'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 Deeprock Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DEEP Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 -0.44 0.39
2019-02-28 -0.31 0.26
2018-11-30 -0.27 0.23
2018-08-31 -0.27 0.25
2018-05-31 -0.26 0.24
2018-02-28 -0.31 0.27
2017-11-30 -0.25 0.22
2017-08-31 -0.19 0.16
2017-05-31 -0.12 0.10
2017-02-28 -0.01 0.01
2016-11-30 -0.01 0.01
2016-08-31 -0.01 0.01
2016-05-31 -0.01 0.01
2015-11-30 -0.01 0.00

*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 Deeprock Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Deeprock Minerals 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 Deeprock Minerals 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 Deeprock Minerals'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.
Deeprock Minerals 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 Deeprock Minerals'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 Deeprock Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Deeprock Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Deeprock Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Deeprock Minerals'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 32.3x debt.
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 Deeprock Minerals Company Filings, last reported 3 months ago.

CNSX:DEEP Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 0.26 0.01 0.26
2019-02-28 0.17 0.01 0.16
2018-11-30 0.20 0.02 0.31
2018-08-31 -0.18 0.09 0.01
2018-05-31 -0.10 0.09 0.03
2018-02-28 -0.05 0.02 0.00
2017-11-30 0.00 0.02 0.01
2017-08-31 0.06 0.02 0.00
2017-05-31 -0.05 0.02 0.01
2017-02-28 0.01 0.01 0.00
2016-11-30 0.01 0.01 0.00
2016-08-31 0.02 0.00 0.00
2016-05-31 0.01 0.00 0.00
2015-11-30 0.02 0.00
  • Deeprock Minerals's level of debt (3.4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Deeprock Minerals's debt level has increased without past 5-year debt data.
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.

  • Deeprock Minerals has less than a year of cash runway based on current free cash flow.
  • Deeprock Minerals has less than a year of cash runway if free cash flow continues to grow at historical rates of 98.2% each year.
X
Financial health checks
We assess Deeprock Minerals'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. Deeprock Minerals has a total score of 3/6, 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 Deeprock Minerals'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 Deeprock Minerals dividends.
If you bought CA$2,000 of Deeprock Minerals 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 Deeprock Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Deeprock Minerals'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:DEEP 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 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

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 Deeprock Minerals has not reported any payouts.
  • Unable to verify if Deeprock Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Deeprock Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Deeprock Minerals 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 Deeprock Minerals'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 Deeprock Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Deeprock Minerals 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 Deeprock Minerals'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
Pat O'Brien
TENURE AS CEO 0.3 years
CEO Bio

Mr. Patrick D. O’Brien, also known as Pat, ICD.D, MIoD, serves as Chief Executive Officer and Director of Deeprock Minerals Inc. since May 29, 2019 and serves as its Chairperson. He has been the Chief Executive Officer and President of Pro Minerals Inc. since August 2010 and has been its Chairman since October 11, 2011. Mr. O’Brien serves as Member of Advisory Council at Vanadium One Energy Corp. since December 2018. Mr. O’Brien served as a Director of Corporate Development at Vanadium One Iron Corp.,(formerly Vanadium One Energy Corp.). He is a widely recognized and respected leader in the Canadian junior mining sector and one of the few experts in the world knowledgeable in the area of the vanadium. Mr. O'Brien served as the Chief Executive Officer and President of Vanadiumcorp Resource Inc. (also known as Apella Resources Inc) until April 18, 2013. He serves as Chief Executive Officer and Chairperson of Junior Mining Incorporated, Executive Editor/Chairperson juniormining.com, Chief Executive Officer and Founder of RockStar Capital Corporation and Chairperson and Chief Executive Officer of Paymaster Mining Corporation. Mr. O'Brien served as Chairman and has been Director of Vanadiumcorp Resource Inc. ( also known as Apella Resources Inc) since June 1992 until April 18, 2013. His ambitious activities in the area led to an extensive staking rush, tens of millions of dollars of exploration in the region and a new nickel mine being opened and acquired by a Chinese conglomerate for several hundred million dollars. Under Mr. O'Brien, VRB was able to sell to the Chinese and shift its sights onto Chibougamau, Quebec. Mr. O'Brien has more than 25 years of Senior Corporate Management and Board of Directors experience having served as Chairperson and Committee Chair. He championed the successful roll-out of two IPOs on the TSX Venture Exchange. For one, he achieved and maintained Tier 1 Status for more than 21 years, had it appointed to the inaugural junior market index and qualified it for trading on the United States OTCQX platform. He served as a Director at Vanadium One Energy Corp. since June 2017 until December 2018. He serves as Director at Pro Minerals Inc. He served as an Executive Director at Pro Minerals Inc. since December 2009. Mr. O'Brien is a qualified Corporate Director who has earned the designation ICD.D in Canada. Mr. O'Brien is a Certified Corporate Director (ICD.D designation) and Member of the Institute of Corporate Directors and a full member of the Institute of Directors (MIoD designation), Pall Mall, England. Mr. O'Brien is a member of the Institute of Corporate Directors (ICD) in Canada and the Institute of Directors (IOD) in London, England. He also has the distinction of receiving an Honors in Canadian Securities. He is a member of the Mining Association of Canada (MAC).

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

Average tenure of the Deeprock Minerals management team in years:

0.3
Average Tenure
  • The average tenure for the Deeprock Minerals management team is less than 2 years, this suggests a new team.
Management Team

Richard Shatto

TITLE
President & Director
COMPENSATION
CA$13K
AGE
62
TENURE
0.3 yrs

Pat O'Brien

TITLE
Chairman & CEO
TENURE
0.3 yrs

Kay Wong-Alafriz

TITLE
Chief Financial Officer
AGE
52
TENURE
0.3 yrs

Christian Derosier

TITLE
Vice-President of Exploration
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Deeprock Minerals board of directors in years:

2.6
Average Tenure
62
Average Age
  • The average tenure for the Deeprock Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Richard Shatto

TITLE
President & Director
COMPENSATION
CA$13K
AGE
62
TENURE
2.3 yrs

Pat O'Brien

TITLE
Chairman & CEO

Craig Watters

TITLE
Director
COMPENSATION
CA$13K
AGE
72
TENURE
2.6 yrs

Matt Reams

TITLE
Director
AGE
50
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Deeprock Minerals individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Sep 19 Buy Matthew Reams Individual 13. Aug 19 10. Sep 19 6,100 CA$0.05 CA$305
04. Sep 19 Buy Point Nexus Consulting Inc Company 27. Jun 19 27. Jun 19 11,000 CA$0.05 CA$550
04. Sep 19 Buy Richard Shatto Individual 30. Aug 19 04. Sep 19 4,000 CA$0.04 CA$130
X
Management checks
We assess Deeprock Minerals'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. Deeprock Minerals 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

Could The Deeprock Minerals Inc. (CNSX:DEEP) Ownership Structure Tell Us Something Useful?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' With a market capitalization of CA$978k, Deeprock Minerals is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Deeprock Minerals CNSX:DEEP Ownership Summary, August 21st 2019 What Does The Lack Of Institutional Ownership Tell Us About Deeprock Minerals? … General Public Ownership The general public -- mostly retail investors -- own 77% of Deeprock Minerals.

Simply Wall St -

Company Info

Description

Deeprock Minerals Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option agreement with Megastar Development Corp. to acquire a 50% interest in the Ralleau property located in the Quevillon area of Quebec. The company was formerly known as 1020647 B.C. Ltd. and changed its name to Deeprock Minerals Inc. in March 2017. Deeprock Minerals Inc. was incorporated in 2014 and is headquartered in Langley, Canada.

Details
Name: Deeprock Minerals Inc.
DEEP
Exchange: CNSX
Founded: 2014
CA$855,840
24,452,580
Website: http://deeprockmineralsinc.com
Address: Deeprock Minerals Inc.
7179-201st Street,
Suite 13,
Langley,
British Columbia, V2Y 2Y9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX DEEP Common Shares Canadian National Stock Exchange CA CAD 16. Nov 2018
Number of employees
Current staff
Staff numbers
0
Deeprock Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:33
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/07/31
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/11/30


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.