Reported Earnings • Nov 29
Third quarter 2022 earnings released: CA$0.075 loss per share (vs CA$0.061 loss in 3Q 2021) Third quarter 2022 results: CA$0.075 loss per share (further deteriorated from CA$0.061 loss in 3Q 2021). Net loss: CA$2.78m (loss widened 23% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. Chairman of the Board Greg Chamandy was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 27
Second quarter 2022 earnings released: CA$0.048 loss per share (vs CA$0.042 loss in 2Q 2021) Second quarter 2022 results: CA$0.048 loss per share (down from CA$0.042 loss in 2Q 2021). Net loss: CA$1.74m (loss widened 16% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 31
First quarter 2022 earnings released: CA$0.054 loss per share (vs CA$0.05 loss in 1Q 2021) First quarter 2022 results: CA$0.054 loss per share (down from CA$0.05 loss in 1Q 2021). Net loss: CA$1.98m (loss widened 17% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2021 earnings released: CA$0.19 loss per share (vs CA$0.20 loss in FY 2020) Full year 2021 results: CA$0.19 loss per share. Net loss: CA$6.77m (loss widened 3.1% from FY 2020). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. Chairman of the Board Greg Chamandy was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 30
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.061 loss per share (up from CA$0.062 loss in 3Q 2020). Net loss: CA$2.25m (loss widened 12% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Oct 31
Independent Director recently sold €58k worth of stock On the 29th of October, W. Clarke sold around 20k shares on-market at roughly €2.83 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €406k more than they sold in the last 12 months. Recent Insider Transactions • Oct 21
Insider recently bought €562k worth of stock On the 15th of October, Dmyant Sangha bought around 215k shares on-market at roughly €2.61 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €464k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 28
Second quarter 2021 earnings released: CA$0.042 loss per share (vs CA$0.044 loss in 2Q 2020) Second quarter 2021 results: Net loss: CA$1.51m (loss widened 6.6% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Jun 01
First quarter 2021 earnings released: CA$0.05 loss per share (vs CA$0.051 loss in 1Q 2020) First quarter 2021 results: Net loss: CA$1.70m (loss widened 3.5% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
Full year 2020 earnings released: CA$0.20 loss per share (vs CA$0.23 loss in FY 2019) Full year 2020 results: Net loss: CA$6.57m (loss narrowed 9.8% from FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 09
New 90-day low: €2.88 The company is down 20% from its price of €3.60 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 57% over the same period.