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
Skarb Exploration. 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
Skarb Exploration'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 Skarb Exploration 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 Skarb Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Skarb Exploration's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Skarb Exploration's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Skarb Exploration is high growth as no earnings estimate data is available.
Unable to determine if Skarb Exploration 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.
Skarb Exploration'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
Skarb Exploration's finances.
The net worth of a company is the difference between its assets and liabilities.
Skarb Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Skarb Exploration has no long term commitments.
This treemap shows a more detailed breakdown of
Skarb Exploration'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 7.4x 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.
Mr. Craig Andrew Parry, BSc (Hons), MAusIMM, serves as Chairman of the Board at Skeena Resources Limited since July 2019. Mr. Parry has been Director at GPM Metals Inc. since April 2019. He has been a Director of Vizsla Resources Corp. since December 18, 2018. He is a Co-Founder of Iso Energy Ltd. Mr. Parry has been Chief Executive Officer and President at IsoEnergy Ltd. since April 1, 2016. He was a Co-Founder of NexGen Energy Ltd. He began his career as a geologist with Rio Tinto. He served as a Senior Advisor at EMR Capital Pty Ltd since 2012 until 2016 and is a Co-Founder. Prior to that, he was a Co-Founder and Executive Director of the Tigers Realm Group of companies. Mr. Parry served as the Chief Executive Officer at Tigers Realm Coal Limited from November 12, 2011 to October 1, 2015 and served as its Managing Director since July 1, 2013. He served as General Manager of Business Development of Tigers Realm Coal Limited since 2008 until 2015. He serves as Director at IsoEnergy Ltd. since April 1, 2016. He was a Director at NexGen Energy Ltd. since May 22, 2014 until March 2019. He has been Director of Skeena Resources Limited since December 15, 2016. He has been a Director of Gordon Jack Bogden since May 22, 2014. He served as Director at Tigers Realm Minerals Pty Ltd., Tigers Realm Metals and NexGen since 2011. He served as a Director of Tigers Realm Coal Limited. Mr. Parry served as a Director of Gordon Jack Bogden. He is a Member of the Australian Institute of Mining and Metallurgy. Mr. Parry serves as the Chief Executive Officer at Skarb Exploration Corp. and serves as its Director since March 6, 2018. He holds an Honours Degree in Geology from the University of New South Wales.
Insufficient data for Craig to compare compensation growth.
Insufficient data for Craig to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
CEO & Director
CFO, Corporate Secretary & Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Skarb Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO & Director
CFO, Corporate Secretary & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
What Kind Of Shareholder Owns Most Skarb Exploration Corp. (CNSX:SKRB) Stock?
As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' Skarb Exploration is a smaller company with a market capitalization of CA$1.7m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Skarb Exploration CNSX:SKRB Ownership Summary, August 16th 2019 What Does The Lack Of Institutional Ownership Tell Us About Skarb Exploration? … Insider Ownership Of Skarb Exploration The definition of an insider can differ slightly between different countries, but members of the board of directors always count.
Skarb Exploration Corp. engages in the acquisition and exploration of mineral property assets. It holds 100% interest in the Gossan property that covers an area of 902 hectares; and the SBS property, which include an area of 1,411 hectares located in the Spences Bridge Gold Belt, British Columbia. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.
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