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
Irving 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
Irving 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 Irving 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 Irving Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Irving Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Irving Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Irving Resources is high growth as no earnings estimate data is available.
Unable to determine if Irving 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.
Irving 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.
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
Irving Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Irving Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Irving Resources's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Irving Resources'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 not covered by short term assets, assets are -1.0410098641129E+18x 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
Mrs. Akiko Levinson has been the Chief Executive Officer and President of Irving Resources Inc. since September 23, 2015 and August 28, 2015 respectively. Mrs. Levinson has experience to the market, has extensive experience in mining finance and end-to-end rare earth mineral investment. She served as the Chief Executive Officer of Gold Canyon Resources Inc. from April 13, 2011 to September 26, 2012 and President since June 16, 2003 until November 2015. She served as Chief Executive Officer at Gold Canyon Resources Inc. since July 14, 2013 to November 2015. She served as the Chairwoman of Gold Canyon Resources Inc. She serves as the Chairwoman of Gold Canyon Resources USA Inc. Mrs. Levinson has been Independent Director of Novo Resources Corp. (also known as Galliard Resources Corp.) since June 9, 2011. She served as Director of Maple Gold Mines Ltd. (Formerly, Aurvista Gold Corporation) since August 15, 2017 until June 2018. She has been Director of Irving Resources Inc. since August 28, 2015. She has been a Director of Jipangu Holdings Inc. since 2010. She served as an Independent Director of Kaizen Discovery Inc. from December 2013 to June 30, 2016. Mrs. Levinson served as an External Director of Jipangu Inc. She served as a Director at Gold Canyon Resources Inc. since June 05, 1991 until November, 2015. She served as Director of Gold Canyon Resources USA Inc.
Akiko's compensation has increased whilst company is loss making.
Akiko's remuneration is lower than average for companies of similar size in Canada.
CEO, President & Director
CFO & Corporate Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Irving Resources board of directors is about average.
Board of Directors
CEO, President & Director
Who owns this company?
Recent Insider Trading
Irving Resources individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Did You Miss Irving Resources's (CNSX:IRV) Magnificent 1400% Share Price Gain?
However you can take a look at whether insiders have been buying up shares. … You can click here to see who has been buying shares - and the price they paid. … Irving Resources is not the only stock insiders are buying.
Investors Who Bought Irving Resources Shares Three Years Ago Are Now Up 1655%
View our latest analysis for Irving Resources. … Irving Resources didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … It seems likely some shareholders believe that Irving Resources will find or develop a valuable new mine before too long.
Who Are The Major Shareholders In Irving Resources Inc (CNSX:IRV)?
I am going to take a deep dive into Irving Resources Inc’s (CNSX:IRV) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.
How Should Investors React To Irving Resources Inc's (CNSX:IRV) CEO Pay?
Akiko Levinson took the helm as Irving Resources Inc's (CNSX:IRV) CEO and grew market cap to CA$40.92m recently. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … Check out our latest analysis for Irving Resources
Irving Resources Inc., a junior exploration stage company, focuses on exploring gold in Japan. It also explores for copper, silver, gold, and precious metals, as well as rare earth elements. The company holds interest in the Omui property that covers an area of 2.98 square kilometers; Shimokawa property, which comprises an area of 48.50 square kilometers; Utanobori property that covers an area of 88.14 square kilometers; Rubeshibe property, which comprises an area of 188.8 square kilometers; Sado Island Gold project that covers an area of 86.53 square kilometers; and Eniwa Gold project, which comprises an area of 56.15 square kilometers located in Japan. In addition, it holds interest in various exploration programs in the Republic of Malawi. The company was incorporated in 2015 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.