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
Westminster 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
Westminster 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 Westminster 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 Westminster Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Westminster Resources's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Westminster Resources's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Westminster Resources is high growth as no earnings estimate data is available.
Unable to determine if Westminster 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.
While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Westminster Resources's filings and announcements here.
Westminster 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
Westminster Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Westminster Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Westminster Resources's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Westminster 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 covered by short term assets, assets are 1.6x 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
Mr. Jason Cubitt has been Director of Volatus Capital Corp. since October 31, 2019. Mr. Cubitt has been Interim President and Chief Executive Officer at Westminster Resources Ltd. since December 20, 2018. He has been Director of Discovery Harbour Resources Corp. since December 20, 2018. Mr. Cubitt served the President of Jaxon Minerals Inc. since November 10, 2016 until October 15, 2018 and served as its Chief Executive Officer until October 15, 2018. Mr. Cubitt founded Ascenta Capital Partners Inc. in 2000 and served as its Principal. He has primary responsibility for client services as well as shared responsibility for investor relations collateral. Mr. Cubitt has experience working with resource companies in various capacities as founder, finance agent and institutional investor. Mr. Cubitt worked with numerous Canadian public companies across a wide range of industries including resource, technology and consumer products. He has a network of associates within the communications and financial communities and a hands-on approach to developing strategic and cost-effective investor relations programs from the ground up. Mr. Cubitt served as Director of Investments at Vertus Investment Advisory and Ascenta Asset Management, offshore investment advisory firms for which he was responsible for precious metals and special situations mining and energy funds. He has been a Director at Westminster Resources Ltd. since August 29, 2017. He was a Director of Jaxon Minerals Inc. since November 10, 2016 until October 2018. He is a Director of Ore Capital Partners Ltd. since November 13, 2018.
Insufficient data for Jason to compare compensation growth.
Jason's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Westminster Resources management team is less than 2 years, this suggests a new team.
CFO & Corporate Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Westminster Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Fred Antonio Tejada
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Westminster Resources Ltd., an exploration stage company, acquires, explores for, and develops mineral properties in Canada, Mexico, and Peru. It primarily explores for copper, gold, silver, iron, and molybdenum deposits. The company holds a 100% interest in the Ilo Norte and Ilo Este copper properties comprising an area of approximately 36,000 hectares located in Southern Peru. Westminster Resources Ltd. was incorporated in 2005 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.