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Discovery-Corp Enterprises

TSXV:DCY
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DCY
TSXV
CA$977K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Discovery-Corp Enterprises Inc., an exploration stage company, explores for base and precious metals in Canada. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
DCY Share Price and Events
7 Day Returns
6.7%
TSXV:DCY
3.6%
CA Metals and Mining
1.4%
CA Market
1 Year Returns
-46.7%
TSXV:DCY
-8.7%
CA Metals and Mining
-24.8%
CA Market
DCY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Discovery-Corp Enterprises (DCY) 6.7% -11.1% -20% -46.7% -68% -90%
CA Metals and Mining 3.6% -11.6% -13.2% -8.7% -19.5% 6.3%
CA Market 1.4% -19.2% -24.9% -24.8% -22.4% -17%
1 Year Return vs Industry and Market
  • DCY underperformed the Metals and Mining industry which returned -8.7% over the past year.
  • DCY underperformed the Market in Canada which returned -24.8% over the past year.
Price Volatility
DCY
Industry
5yr Volatility vs Market

Value

 Is Discovery-Corp Enterprises undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Discovery-Corp Enterprises. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Discovery-Corp Enterprises's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Discovery-Corp Enterprises's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:DCY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2020-01-31) in CAD CA$-0.02
TSXV:DCY Share Price ** TSXV (2020-04-06) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 79 Publicly-Listed Metals and Mining Companies 12.79x
Canada Market PE Ratio Median Figure of 498 Publicly-Listed Companies 10.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Discovery-Corp Enterprises.

TSXV:DCY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:DCY Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.02

-4.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Discovery-Corp Enterprises is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Discovery-Corp Enterprises is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Discovery-Corp Enterprises's expected growth come at a high price?
Raw Data
TSXV:DCY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.57x
Canada Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 0.68x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Discovery-Corp Enterprises, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Discovery-Corp Enterprises's assets?
Raw Data
TSXV:DCY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2020-01-31) in CAD CA$0.02
TSXV:DCY Share Price * TSXV (2020-04-06) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,054 Publicly-Listed Metals and Mining Companies 1.17x
Canada Market PB Ratio Median Figure of 2,359 Publicly-Listed Companies 0.99x
TSXV:DCY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:DCY Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ 0.02

3.27x

* Primary Listing of Discovery-Corp Enterprises.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Discovery-Corp Enterprises is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Discovery-Corp Enterprises's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Discovery-Corp Enterprises has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Discovery-Corp Enterprises expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Discovery-Corp Enterprises 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 growth 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 it right!
Annual Growth Rate
12.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Discovery-Corp Enterprises expected to grow at an attractive rate?
  • Unable to compare Discovery-Corp Enterprises's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Discovery-Corp Enterprises's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Discovery-Corp Enterprises's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:DCY Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 5.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:DCY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:DCY Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2020-01-31 0 0
2019-10-31 0 0
2019-07-31 0 0
2019-04-30 0 0
2019-01-31 0 0
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Discovery-Corp Enterprises is high growth as no earnings estimate data is available.
  • Unable to determine if Discovery-Corp Enterprises 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.
Raw Data
TSXV:DCY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Discovery-Corp Enterprises Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:DCY Past Financials Data
Date (Data in CAD Millions) EPS *
2020-01-31 -0.02
2019-10-31 -0.02
2019-07-31 -0.02
2019-04-30 -0.02
2019-01-31 -0.02
2018-10-31 -0.02
2018-07-31 -0.02
2018-04-30 -0.03
2018-01-31 -0.03
2017-10-31 -0.03
2017-07-31 -0.03
2017-04-30 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Discovery-Corp Enterprises will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Discovery-Corp Enterprises's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Discovery-Corp Enterprises's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Discovery-Corp Enterprises's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Discovery-Corp Enterprises's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Discovery-Corp Enterprises has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Discovery-Corp Enterprises performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Discovery-Corp Enterprises's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Discovery-Corp Enterprises does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Discovery-Corp Enterprises's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Discovery-Corp Enterprises's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Discovery-Corp Enterprises's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Discovery-Corp Enterprises Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:DCY Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2020-01-31 -0.17 0.17
2019-10-31 -0.15 0.15
2019-07-31 -0.13 0.13
2019-04-30 -0.12 0.12
2019-01-31 -0.13 0.13
2018-10-31 -0.14 0.14
2018-07-31 -0.16 0.16
2018-04-30 -0.18 0.18
2018-01-31 -0.18 0.18
2017-10-31 -0.17 0.18
2017-07-31 -0.18 0.18
2017-04-30 -0.17 0.17
2017-01-31 -0.17 0.17
2016-10-31 -0.19 0.17
2016-07-31 -0.23 0.17
2016-04-30 -0.67 0.18
2016-01-31 -0.67 0.18
2015-10-31 -0.65 0.19
2015-07-31 -0.62 0.20
2015-04-30 -0.20 0.21
2015-01-31 -0.22 0.24
2014-10-31 -0.24 0.25
2014-07-31 -0.36 0.38
2014-04-30 -0.36 0.39
2014-01-31 -0.38 0.40
2013-10-31 -0.42 0.44
2013-07-31 -0.50 0.51
2013-04-30 -0.58 0.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Discovery-Corp Enterprises has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Discovery-Corp Enterprises has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Discovery-Corp Enterprises improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Discovery-Corp Enterprises's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Discovery-Corp Enterprises 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Discovery-Corp Enterprises's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Discovery-Corp Enterprises's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Discovery-Corp Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Discovery-Corp Enterprises has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Discovery-Corp Enterprises'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Discovery-Corp Enterprises has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Discovery-Corp Enterprises Company Filings, last reported 2 months ago.

TSXV:DCY Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2020-01-31 0.30 0.00 0.28
2019-10-31 0.31 0.00 0.33
2019-07-31 0.06 0.00 0.04
2019-04-30 0.10 0.00 0.09
2019-01-31 -0.01 0.00 0.02
2018-10-31 0.03 0.00 0.04
2018-07-31 0.07 0.00 0.05
2018-04-30 0.11 0.00 0.09
2018-01-31 0.15 0.00 0.12
2017-10-31 0.09 0.00 0.08
2017-07-31 0.13 0.00 0.11
2017-04-30 0.18 0.00 0.15
2017-01-31 0.22 0.00 0.19
2016-10-31 0.25 0.00 0.23
2016-07-31 0.01 0.00 0.04
2016-04-30 0.06 0.00 0.06
2016-01-31 0.09 0.00 0.06
2015-10-31 0.15 0.00 0.13
2015-07-31 0.23 0.00 0.21
2015-04-30 0.13 0.00 0.11
2015-01-31 0.22 0.00 0.18
2014-10-31 0.30 0.00 0.28
2014-07-31 0.34 0.00 0.33
2014-04-30 0.55 0.00 0.52
2014-01-31 0.30 0.00 0.26
2013-10-31 0.34 0.00 0.30
2013-07-31 0.44 0.00 0.41
2013-04-30 0.51 0.00 0.48
  • Discovery-Corp Enterprises has no debt.
  • Discovery-Corp Enterprises has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Discovery-Corp Enterprises has sufficient cash runway for 1.3 years based on current free cash flow.
  • Discovery-Corp Enterprises has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -10.8% each year.
X
Financial health checks
We assess Discovery-Corp Enterprises's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Discovery-Corp Enterprises has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Discovery-Corp Enterprises's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Discovery-Corp Enterprises dividends.
If you bought CA$2,000 of Discovery-Corp Enterprises shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Discovery-Corp Enterprises's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Discovery-Corp Enterprises's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:DCY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Discovery-Corp Enterprises has not reported any payouts.
  • Unable to verify if Discovery-Corp Enterprises's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Discovery-Corp Enterprises's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Discovery-Corp Enterprises has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Discovery-Corp Enterprises's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Discovery-Corp Enterprises afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Discovery-Corp Enterprises has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Discovery-Corp Enterprises's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Alex Pannu
COMPENSATION CA$0
TENURE AS CEO 22.3 years
CEO Bio

Alex Pannu is the President of Alexander Strategy Corp. Previously he was the Director of Communications for a labour union, in-house counsel for an environmental technology firm and spent five years as a consultant at Canada's largest public relations firm, providing public affairs, government relations and communications services. From 1999 to 2002, he was General Counsel for a publicly-listed software company and from 1994 to 1999 he was a securities lawyer in private practice in Vancouver. He was also in public service as a senior political advisor in Ottawa and Victoria to number of cabinet ministers. He earned a Bachelor of Arts in International Relations from the University of British Columbia and a Bachelor of Laws from the University of New Brunswick.

CEO Compensation
  • Alex's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Alex's remuneration is lower than average for companies of similar size in Canada.
Management Team

Alex Pannu

TITLE
President
TENURE
22.3 yrs

Iain Brown

TITLE
Secretary
COMPENSATION
CA$72K
Board of Directors Tenure

Average tenure of the Discovery-Corp Enterprises board of directors in years:

14
Average Tenure
  • The average tenure for the Discovery-Corp Enterprises board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Alex Pannu

TITLE
President

Iain Brown

TITLE
Secretary
COMPENSATION
CA$72K
TENURE
15.8 yrs

Scott Lee

TITLE
Independent Director
TENURE
18.6 yrs

Greg Hawkins

TITLE
Independent Director
AGE
68
TENURE
12.2 yrs

Bruce Bried

TITLE
Independent Director
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Discovery-Corp Enterprises individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
01. Feb 20 Sell Iain Brown Individual 29. Jan 20 29. Jan 20 -15,000 CA$0.10 CA$-1,500
27. Jan 20 Buy Alexander Strategy Corp. Company 20. Jan 20 20. Jan 20 100,000 CA$0.10 CA$10,000
21. Jan 20 Buy Iain Brown Individual 20. Jan 20 20. Jan 20 500,000 CA$0.10 CA$50,000
X
Management checks
We assess Discovery-Corp Enterprises's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Discovery-Corp Enterprises has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did You Manage To Avoid Discovery-Corp Enterprises's (CVE:DCY) 96% Share Price Wipe Out?

We also note that the stock has performed poorly over the last year, with the share price down 50%. … Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. … If you would like to research Discovery-Corp Enterprises in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

Simply Wall St -

Do Insiders Own Lots Of Shares In Discovery-Corp Enterprises Inc (CVE:DCY)?

The big shareholder groups in Discovery-Corp Enterprises Inc (CVE:DCY) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Discovery-Corp Enterprises is a smaller company with a market capitalization of CA$722k, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Who Are The Major Shareholders In Discovery-Corp Enterprises Inc (CVE:DCY)?

In this article, I will take a quick look at Discovery-Corp Enterprises Inc’s (CVE:DCY) recent ownership structure – an unconventional investing subject, but an important one. … 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.

Simply Wall St -

Who Are The Major Shareholders Of Discovery-Corp Enterprises Inc (CVE:DCY)?

See our latest analysis for Discovery-Corp Enterprises TSXV:DCY Ownership_summary Mar 12th 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

Simply Wall St -

Who Owns Discovery-Corp Enterprises Inc (TSXV:DCY)?

I am going to take a deep dive into Discovery-Corp Enterprises Inc’s (TSXV:DCY) most recent ownership structure, not a frequent subject of discussion among individual investors. … View our latest analysis for Discovery-Corp Enterprises TSXV:DCY Ownership_summary Dec 8th 17 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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Is Discovery-Corp Enterprises Inc (TSXV:DCY) A Basic Materials Industry Laggard Or Leader?

TSXV:DCY Past Future Earnings Nov 28th 17 As a whole, the basic materials sector seems to be predominantly mature in terms of its industry life cycle. … If your initial investment thesis is around the growth prospects of DCY, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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Company Info

Description

Discovery-Corp Enterprises Inc., an exploration stage company, explores for base and precious metals in Canada. The company focuses on gold and copper properties. It holds a 100% interest in the Galaxy property comprising seven mineral claims and two crown-granted mineral claims covering approximately 90 hectares located in the Kamloops Mining Division of British Columbia, Canada. It also holds an undivided 50% interest in the mineral rights associated with Rock Creek Ranch located in Humboldt County, Nevada, the United States. The company was formerly known as Getchell Resources Incorporated and changed its name to Discovery-Corp Enterprises Inc. in 2000. Discovery-Corp Enterprises Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Details
Name: Discovery-Corp Enterprises Inc.
DCY
Exchange: TSXV
Founded: 1986
CA$977,367
12,217,096
Website: http://www.discovery-corp.com
Address: Discovery-Corp Enterprises Inc.
193 Aquarius Mews,
Suite 1108,
Vancouver,
British Columbia, V6Z 2Z2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV DCY Common Shares TSX Venture Exchange CA CAD 13. Sep 1988
OTCPK DSCV.F Common Shares Pink Sheets LLC US USD 13. Sep 1988
Number of employees
Current staff
Staff numbers
0
Discovery-Corp Enterprises employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 01:32
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/03/13
Last earnings reported: 2020/01/31
Last annual earnings reported: 2019/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.