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
Deeprock Minerals. 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
Deeprock Minerals'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 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
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 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.
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.
Deeprock Minerals'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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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. 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).
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
management team in years:
The average tenure for the Deeprock Minerals management team is less than 2 years, this suggests a new team.
President & Director
Chairman & CEO
Chief Financial Officer
Vice-President of Exploration
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Deeprock Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors
President & Director
Chairman & CEO
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.
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.
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.
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