View Future GrowthStrategic Resources 過去の業績過去 基準チェック /06Strategic Resourcesの収益は年平均-35.6%で減少しているが、Metals and Mining業界はgrowingで18.3%年平均の収益となった。主要情報-35.64%収益成長率-70.28%EPS成長率Metals and Mining 業界の成長27.39%収益成長率n/a株主資本利益率-84.38%ネット・マージンn/a前回の決算情報31 Dec 2025最近の業績更新更新なしすべての更新を表示Recent updatesNew Risk • Apr 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.9m free cash flow). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.91m).New Risk • Feb 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.9m free cash flow). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$18.3m market cap, or US$13.4m).お知らせ • Jan 08Strategic Resources Inc. Appoints Terry Perles to Board of DirectorsStrategic Resources Inc. announced that Mr. Terry Perles will join the Company's Board of Directors. Mr. Perles will also take on a role with the Company's management team as Business Development Lead for Vanadium and Titanium Products. Mr. Perles is the founder of TTP Squared Inc., a vanadium industry consulting firm which he has managed for the last 15 years. Mr. Perles is also the current Chairman of the Vanadium International Technical Committee (VANITEC) Market Development Committee and is a past Board Member of the International Titanium Association. Mr. Perles is well known in the Vanadium Industry and has a demonstrated track record assisting development stage companies achieve their business development goals. Early in his career he worked for US Steel before focusing on the Vanadium Industry with roles in sales, marketing, strategic planning and senior management at Stratcor, EVRAZ Group, US Vanadium LLC and Atlantic International. Mr. Perles holds a B.Sc. in Mechanical Engineering from the University of Virginia and an MBA from the University of Pittsburgh. Mr. Perles' role will include driving business development for vanadium and titanium products. This means identifying, introducing and assisting the negotiations of joint ventures and collaboration opportunities with industry participants. Also, Terry will represent Strategic Resources Inc. at conferences, industry events, and partner meetings. He will also support management in investor relations, including preparing materials, delivering presentations, and following up with stakeholders. Terry will also lead a review of vanadium and titanium market trends and provide actionable insights to the corporate management team.お知らせ • Oct 01Strategic Resources Inc., Annual General Meeting, Nov 28, 2025Strategic Resources Inc., Annual General Meeting, Nov 28, 2025.New Risk • Jul 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.1m free cash flow). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$27.2m market cap, or US$19.9m).分析記事 • Jun 15We're Keeping An Eye On Strategic Resources' (CVE:SR) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, although...Price Target Changed • May 20Price target decreased by 9.8% to CA$1.85Down from CA$2.05, the current price target is provided by 1 analyst. New target price is 302% above last closing price of CA$0.46. Stock is down 34% over the past year. The company posted a net loss per share of CA$1.24 last year.New Risk • Feb 25New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$37.2m market cap, or US$26.0m).分析記事 • Jan 25A Look At The Fair Value Of Strategic Resources Inc. (CVE:SR)Key Insights Strategic Resources' estimated fair value is CA$0.54 based on 2 Stage Free Cash Flow to Equity Strategic...New Risk • Dec 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$40.7m market cap, or US$28.3m).Buy Or Sell Opportunity • Dec 19Now 21% undervaluedOver the last 90 days, the stock has risen 7.7% to CA$0.70. The fair value is estimated to be CA$0.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only.分析記事 • Aug 10We're Keeping An Eye On Strategic Resources' (CVE:SR) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although...分析記事 • Mar 02Is Strategic Resources (CVE:SR) In A Good Position To Invest In Growth?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...お知らせ • Jan 28Strategic Resources Inc. Updates Progress on Port Saguenay Iron Pellet PlantStrategic Resources Inc. announced that during the last quarter of 2023 the Company completed initial rounds of discussions with iron ore traders and potential strategic partners regarding its plans for a four million tonne per annum ("mtpa") iron ore pellet plant at Port Saguenay. Based on the initial feedback on the pellet project, the Company has decided to prioritize the construction of a 4 mtpa iron ore pellet plant atPort Saguenay in Quebec. Accordingly, consulting engineering firm, BBA was retained in Fourth Quarter 2023 to study and update capital and operating costs for the larger pellet plant. They remain on track to deliver results in First Quarter 2024, building on the December 2023 indicative EPC cost estimate from Metso Corporation for the supply of the larger pelletizer unit. Based on the above, the Company's utility needs for its first phase of operations have been substantially reduced for both natural gas and electricity. Strategic had been granted electrical contracts under an older regime and has been working collaboratively with Hydro-Quebec and the Provincial Government to align on the best actions as the existing electrical contracts for the BlackRock Project came up for renewal. Accordingly, the Company has decided to release its old electrical contracts with Hydro-Quebec and forgo the associated letters of credit for electricity at the BlackRock Project. Through this process, the Company intends to recover surplus working capital into its treasury which can be used to advance the project. The Company plans to obtain a revised electricity contract in accordance with the new system established by the Government of Quebec, coordinated by Hydro-Quebec and the Government of Quebec. It is expected that this process would be completed as part of the construction timeline. Hydro-Quebec and the government of Quebec continue to be supportive of projects at Port Saguenay, including the recently announced port development plans and investment of CAD 111 million towards the Port's conveyor system. Details about the procedures to obtain electrical utilities above 5 megawatts can be found at Ministere de l'Economie, de l'Innovation et de l'Energie (gouv.qc.ca). Strategic continues to work alongside the local, provincial and federal governments, the port authority, as well as local populations and indigenous groups to develop the BlackRock Project. To date, the Company and its major shareholders have made significant investments towards the development of this important project in Quebec, which will help to reduce carbon emissions for the steel and foundry industries in North America and Europe.New Risk • Nov 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.0m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$70.2m market cap, or US$51.5m).お知らせ • Nov 11Strategic Resources Inc., Annual General Meeting, Dec 14, 2023Strategic Resources Inc., Annual General Meeting, Dec 14, 2023.分析記事 • Nov 02Will Strategic Resources (CVE:SR) Spend Its Cash Wisely?Just because a business does not make any money, does not mean that the stock will go down. For example, although...お知らせ • Jun 16Strategic Resources Appoints Simon Wandke as Senior AdvisorStrategic Resources Inc. announces that Simon Wandke has joined Strategic Resources as the Company works on its funding package for the BlackRock project. As Senior Advisor, Mr. Wandke will provide guidance on the strategic direction to the future expansion of the BlackRock Project as the iron and steel industry transitions towards Green Steel opportunities. Most recently, Mr. Wandke was Executive Vice President and Chief Executive Officer of ArcelorMittal Mining, the world's leading steel company with the fifth largest iron ore business globally. During his tenure, Mr. Wandke played a key role in helping to drive the mining division forward to the next stage of its development as one of the largest global producers of iron ore, coking coal and other minerals. Mr. Wandke has over 40 years' experience in the mining and minerals industry, holding senior management, strategy and commercial positions internationally with a particular focus on the development of greenfield and brownfield projects, designing and implementing major change and effective commercial strategies, strategic marketing, risk management and ESG.Board Change • Apr 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.収支内訳Strategic Resources の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSXV:SR 収益、費用、利益 ( )CAD Millions日付収益収益G+A経費研究開発費31 Dec 250-323030 Sep 250-333030 Jun 250-334031 Mar 250-724031 Dec 240-725030 Sep 240-726030 Jun 240-737031 Mar 240-48031 Dec 230-258030 Sep 230-318030 Jun 230-307031 Mar 230127030 Jun 2204060質の高い収益: SRは現在利益が出ていません。利益率の向上: SRは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SRは利益が出ておらず、過去 5 年間で損失は年間35.6%の割合で増加しています。成長の加速: SRの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: SRは利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( 129.4% ) と比較することは困難です。株主資本利益率高いROE: SRは現在利益が出ていないため、自己資本利益率 ( -84.38% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 11:11終値2026/05/21 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Strategic Resources Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関David TalbotRed Cloud SecuritiesTimothy LeeRed Cloud Securities
New Risk • Apr 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.9m free cash flow). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.91m).
New Risk • Feb 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.9m free cash flow). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$18.3m market cap, or US$13.4m).
お知らせ • Jan 08Strategic Resources Inc. Appoints Terry Perles to Board of DirectorsStrategic Resources Inc. announced that Mr. Terry Perles will join the Company's Board of Directors. Mr. Perles will also take on a role with the Company's management team as Business Development Lead for Vanadium and Titanium Products. Mr. Perles is the founder of TTP Squared Inc., a vanadium industry consulting firm which he has managed for the last 15 years. Mr. Perles is also the current Chairman of the Vanadium International Technical Committee (VANITEC) Market Development Committee and is a past Board Member of the International Titanium Association. Mr. Perles is well known in the Vanadium Industry and has a demonstrated track record assisting development stage companies achieve their business development goals. Early in his career he worked for US Steel before focusing on the Vanadium Industry with roles in sales, marketing, strategic planning and senior management at Stratcor, EVRAZ Group, US Vanadium LLC and Atlantic International. Mr. Perles holds a B.Sc. in Mechanical Engineering from the University of Virginia and an MBA from the University of Pittsburgh. Mr. Perles' role will include driving business development for vanadium and titanium products. This means identifying, introducing and assisting the negotiations of joint ventures and collaboration opportunities with industry participants. Also, Terry will represent Strategic Resources Inc. at conferences, industry events, and partner meetings. He will also support management in investor relations, including preparing materials, delivering presentations, and following up with stakeholders. Terry will also lead a review of vanadium and titanium market trends and provide actionable insights to the corporate management team.
お知らせ • Oct 01Strategic Resources Inc., Annual General Meeting, Nov 28, 2025Strategic Resources Inc., Annual General Meeting, Nov 28, 2025.
New Risk • Jul 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.1m free cash flow). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$27.2m market cap, or US$19.9m).
分析記事 • Jun 15We're Keeping An Eye On Strategic Resources' (CVE:SR) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, although...
Price Target Changed • May 20Price target decreased by 9.8% to CA$1.85Down from CA$2.05, the current price target is provided by 1 analyst. New target price is 302% above last closing price of CA$0.46. Stock is down 34% over the past year. The company posted a net loss per share of CA$1.24 last year.
New Risk • Feb 25New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$37.2m market cap, or US$26.0m).
分析記事 • Jan 25A Look At The Fair Value Of Strategic Resources Inc. (CVE:SR)Key Insights Strategic Resources' estimated fair value is CA$0.54 based on 2 Stage Free Cash Flow to Equity Strategic...
New Risk • Dec 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$40.7m market cap, or US$28.3m).
Buy Or Sell Opportunity • Dec 19Now 21% undervaluedOver the last 90 days, the stock has risen 7.7% to CA$0.70. The fair value is estimated to be CA$0.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
分析記事 • Aug 10We're Keeping An Eye On Strategic Resources' (CVE:SR) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although...
分析記事 • Mar 02Is Strategic Resources (CVE:SR) In A Good Position To Invest In Growth?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
お知らせ • Jan 28Strategic Resources Inc. Updates Progress on Port Saguenay Iron Pellet PlantStrategic Resources Inc. announced that during the last quarter of 2023 the Company completed initial rounds of discussions with iron ore traders and potential strategic partners regarding its plans for a four million tonne per annum ("mtpa") iron ore pellet plant at Port Saguenay. Based on the initial feedback on the pellet project, the Company has decided to prioritize the construction of a 4 mtpa iron ore pellet plant atPort Saguenay in Quebec. Accordingly, consulting engineering firm, BBA was retained in Fourth Quarter 2023 to study and update capital and operating costs for the larger pellet plant. They remain on track to deliver results in First Quarter 2024, building on the December 2023 indicative EPC cost estimate from Metso Corporation for the supply of the larger pelletizer unit. Based on the above, the Company's utility needs for its first phase of operations have been substantially reduced for both natural gas and electricity. Strategic had been granted electrical contracts under an older regime and has been working collaboratively with Hydro-Quebec and the Provincial Government to align on the best actions as the existing electrical contracts for the BlackRock Project came up for renewal. Accordingly, the Company has decided to release its old electrical contracts with Hydro-Quebec and forgo the associated letters of credit for electricity at the BlackRock Project. Through this process, the Company intends to recover surplus working capital into its treasury which can be used to advance the project. The Company plans to obtain a revised electricity contract in accordance with the new system established by the Government of Quebec, coordinated by Hydro-Quebec and the Government of Quebec. It is expected that this process would be completed as part of the construction timeline. Hydro-Quebec and the government of Quebec continue to be supportive of projects at Port Saguenay, including the recently announced port development plans and investment of CAD 111 million towards the Port's conveyor system. Details about the procedures to obtain electrical utilities above 5 megawatts can be found at Ministere de l'Economie, de l'Innovation et de l'Energie (gouv.qc.ca). Strategic continues to work alongside the local, provincial and federal governments, the port authority, as well as local populations and indigenous groups to develop the BlackRock Project. To date, the Company and its major shareholders have made significant investments towards the development of this important project in Quebec, which will help to reduce carbon emissions for the steel and foundry industries in North America and Europe.
New Risk • Nov 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.0m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$70.2m market cap, or US$51.5m).
お知らせ • Nov 11Strategic Resources Inc., Annual General Meeting, Dec 14, 2023Strategic Resources Inc., Annual General Meeting, Dec 14, 2023.
分析記事 • Nov 02Will Strategic Resources (CVE:SR) Spend Its Cash Wisely?Just because a business does not make any money, does not mean that the stock will go down. For example, although...
お知らせ • Jun 16Strategic Resources Appoints Simon Wandke as Senior AdvisorStrategic Resources Inc. announces that Simon Wandke has joined Strategic Resources as the Company works on its funding package for the BlackRock project. As Senior Advisor, Mr. Wandke will provide guidance on the strategic direction to the future expansion of the BlackRock Project as the iron and steel industry transitions towards Green Steel opportunities. Most recently, Mr. Wandke was Executive Vice President and Chief Executive Officer of ArcelorMittal Mining, the world's leading steel company with the fifth largest iron ore business globally. During his tenure, Mr. Wandke played a key role in helping to drive the mining division forward to the next stage of its development as one of the largest global producers of iron ore, coking coal and other minerals. Mr. Wandke has over 40 years' experience in the mining and minerals industry, holding senior management, strategy and commercial positions internationally with a particular focus on the development of greenfield and brownfield projects, designing and implementing major change and effective commercial strategies, strategic marketing, risk management and ESG.
Board Change • Apr 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.