Far Resources Ltd., an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada and the United States.
The last earnings update was 38 days ago.
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
Far 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
Far 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 Far 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 Far Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Far Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Far Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Far Resources is high growth as no earnings estimate data is available.
Unable to determine if Far 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.
Far 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. Toby Mayo has been President and Chief Executive Officer of Far Resources Ltd. since May 18, 2018 and has been its Director since January 03, 2018. Mr. Mayo served as Interim Chief Executive Officer of Far Resources Ltd. from February 25, 2018 to May 18, 2018. He served as Vice President of Corporate Development at Far Resources Ltd. from January 2018 to May 18, 2018. He serves as a Consultant of Sustainability Pty Ltd. He served as the Chief Executive Officer and President at Redstar Gold Corp. from September 2014 to February 25, 2015. Mr. Mayo served as Senior Vice President of Corporate Development at Concordia Resource Corp. from March 8, 2011 to November 17, 2011, and its Senior Financial Analyst since November 9, 2010. He began his career with Rio Tinto as an Exploration Geologist. He served as President of Kaizen Discovery Inc. (also known as Concordia Resource Corp.) since November 17, 2011 until January 31, 2014. Prior to Western Uranium Corp., Mr. Mayo served as a Senior Technical Advisor and Consultant at Ivanhoe Mines Ltd., and was an Investment and Business Planning Consultant at Hatch in London, England. He has fifteen years of comprehensive and varied experience in the mining and metals sector. He served as a Director of Redstar Gold Corp. from September 2014 to February 25, 2015. Mr. Mayo holds a B.Sc. (Hons) degree in Geology from the University of Edinburgh and an LL.B. (Hons) in Law from the University of London.
Insufficient data for Toby to compare compensation growth.
Toby's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Far Resources management team is less than 2 years, this suggests a new team.
Founder & Director
Chief Financial Officer
Technical Director & Director
Strategy Director & Director
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Far Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Founder & Director
Technical Director & Director
Strategy Director & Director
Member of Board of Advisors
Member of Advisory Board
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Those Who Purchased Far Resources (CNSX:FAT) Shares A Year Ago Have A 73% Loss To Show For It
Even if you look out three years, the returns are still disappointing, with the share price down (the share price is down 39%) in that time. … But since the share price has dived -73% in the last year, it looks like some investors think it's time to abandon ship, so to speak. … Shareholders have lost 15% per year over the last three years, so the share price drop has become steeper, over the last year; a potential symptom of as yet unsolved challenges.
How Many Insiders Bought Far Resources Ltd. (CNSX:FAT) Shares?
Keith Anderson made the biggest insider purchase in the last 12 months. … Keith Anderson was the only individual insider to buy over the year … Notably Keith Anderson was also the biggest seller, having sold CA$747k worth of shares
Is Far Resources Ltd (CNSX:FAT) A Financially Sound Company?
Far Resources Ltd (CNSX:FAT) is a small-cap stock with a market capitalization of CA$27.36m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.
Far Resources Ltd., an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for lithium, silver, and gold properties. The company holds 100% interest in the Zoro Lithium project that comprise 16 claims with a total area of 3,603 hectares located in the Snow Lake region of Manitoba; and Winston property, a gold and silver property located in New Mexico, the United States. It also holds an option to acquire up to 90% interest in the Hidden Lake project located in Northwest Territories. The company was incorporated in 2005 and is headquartered in Vancouver, Canada.
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