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
Spey 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
Spey 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 Spey 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 Spey Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Spey Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Spey Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Spey Resources is high growth as no earnings estimate data is available.
Unable to determine if Spey 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.
Spey 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. Marshall Limon Farris, also known as Far, serves as Chief Executive Officer, President and Director at Walcott Resources Ltd. Mr. Farris is a Co-Founder of Philippine Metals Inc. and has been its President since March 25, 2010. Mr. Farris Co-Founded Panoro Minerals Ltd. and served as its Corporate Secretary. He is a Co-Founder of Ascenta Capital Partners Inc. and serves as its Principal. He serves as President of Ascenta Finance Corp. since 2005 and President of Philippine Metals In. since March 2010. He is a Founder and Principal of Ascenta Finance Corp. and Ascenta Ventures. He served as a Secretary of Mammoth Resources Corp. and Mammoth Capital Corp. He has years of experience assisting public and private companies with corporate operations, capital development, investor relations and regulatory compliance activities. Mr. Farris has extensive experience in corporate administration, finance and investor relations. He served as Vice President of Corporate Development at Philippine Metals Inc. He serves as a Director of Pacific Metals Canada Philippines Inc. and Mammoth Capital Corp. He has been a Director at Empire Capital Corp since July 2009 and Philippine Metals Inc since March 25, 2010. He served as a Director of Zonte Metals Inc. from July 2009 to April 7, 2017. He served as an Independent Director of Blackheath Resources Inc. from May 16, 2011 to December 09, 2013. He served as a Director of Mammoth Resources Corp. from January 07, 2011 to January 21, 2015. Mr. Farris served as a Director at Mindoro Resources Ltd. from June 24, 2004 to March 2008, Panoro Minerals Ltd. from September 1994 to May 2005 and Prize Mining Corp. from August 26, 2009 to July 12, 2011. Mr. Farris has been a Chief Executive Officer, Corporate Secretary and Director at Spey Resources Corp. since July 31, 2017.
Insufficient data for Far to compare compensation growth.
Insufficient data for Far 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 Spey Resources management team is less than 2 years, this suggests a new team.
CEO, Corporate Secretary & Director
President & Director
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Spey Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO, Corporate Secretary & Director
President & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Spey Resources individual insiders in the past 3 months, but not in substantial volumes.
Spey Resources Corp. engages in the acquisition, exploration, and development of mineral properties. It holds an option to acquire an undivided 100% interest in New Vanadium property located in the area of San Juan County, Utah, the United States; and in the Standfast Wigwam Property located in the Revelstoke Mining Division in British Columbia, Canada. The company was founded in 2017 and is based in North Vancouver, Canada.
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