CNSX:JBR

Stock Analysis Report

James Bay Resources

Executive Summary

James Bay Resources Limited, a Canadian junior oil company, engages in the exploration and evaluation of oil and gas interests in Nigeria.

Snowflake

Fundamentals

Adequate balance sheet with limited growth.

Risks

  • James Bay Resources has significant price volatility in the past 3 months.
  • James Bay Resources is not covered by any analysts.

Share Price & News

How has James Bay Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CNSX:JBR

2.9%

CA Oil and Gas

1.4%

CA Market


1 Year Return

-28.0%

CNSX:JBR

-21.5%

CA Oil and Gas

-4.1%

CA Market

JBR underperformed the Oil and Gas industry which returned -21.8% over the past year.

JBR underperformed the Market in Canada which returned -4.9% over the past year.


Share holder returns

JBRIndustryMarket
7 Day0%2.9%1.4%
30 Day-60.9%-5.8%-2.2%
90 Dayn/a-8.1%-1.1%
1 Year-28.0%-28.0%-18.1%-21.5%-0.7%-4.1%
3 Yearn/a-13.1%-21.7%15.1%4.8%
5 Yearn/a-34.3%-43.8%12.8%-3.1%

Price Volatility Vs. Market

How volatile is James Bay Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is James Bay Resources undervalued based on future cash flows and its price relative to the stock market?

0.2x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for James Bay Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for James Bay Resources to establish if it is available at substantial discount.


Price Based on Earnings

James Bay Resources is loss making, we can't compare its value to the CA Oil and Gas industry average.

James Bay Resources is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for James Bay Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

James Bay Resources is good value based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

How is James Bay Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if James Bay Resources is high growth as no revenue estimate data is available.

James Bay Resources's earnings are expected to grow by 15.7% yearly, however this is not considered high growth (20% yearly).

Unable to compare James Bay Resources's revenue growth to the Canada market average as no estimate data is available.

James Bay Resources's earnings growth is expected to exceed the Canada market average.

James Bay Resources's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if James Bay Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has James Bay Resources performed over the past 5 years?

46.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

James Bay Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare James Bay Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare James Bay Resources's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if James Bay Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if James Bay Resources has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if James Bay Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is James Bay Resources's financial position?


Financial Position Analysis

James Bay Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

James Bay Resources has no long term commitments.


Debt to Equity History and Analysis

James Bay Resources has no debt.

James Bay Resources has no debt compared to 5 years ago when it was 35704%.


Balance Sheet

Low level of unsold assets.

James Bay Resources has no debt, it does not need to be covered by short term assets.


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.

James Bay Resources has less than a year of cash runway based on current free cash flow.

James Bay Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 61.5% each year.


Next Steps

Dividend

What is James Bay Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate James Bay Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate James Bay Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as James Bay Resources has not reported any payouts.

Unable to verify if James Bay Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as James Bay Resources 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.


Next Steps

Management

What is the CEO of James Bay Resources's salary, the management and board of directors tenure and is there insider trading?

11.8yrs

Average management tenure


CEO

Stephen Shefsky (63yo)

11.8yrs

Tenure

CA$360,000

Compensation

Mr. Stephen Shefsky is the Co-Founder of James Bay Resources Limited and has been its Chief Executive Officer and President since November 5, 2007. Mr. Shefsky serves as a Secretary of James Bay Resources  ...


CEO Compensation Analysis

Stephen's remuneration is higher than average for companies of similar size in Canada.

Stephen's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

11.8yrs

Average Tenure

59yo

Average Age

The average tenure for the James Bay Resources management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.6yrs

Average Tenure

55.5yo

Average Age

The average tenure for the James Bay Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCA$42,00003 Oct 18
Linear Capital Group, Asset Management Arm
EntityCompany
Shares200,000
Max PriceCA$0.21

Ownership Breakdown


Management Team

  • Stephen Shefsky (63yo)

    Co-Founder

    • Tenure: 11.8yrs
    • Compensation: CA$360.00k
  • Mark Brennan (54yo)

    Co-Founder & Director

    • Tenure: 11.8yrs
    • Compensation: CA$20.00k
  • Eric Edward Szustak (59yo)

    Chief Financial Officer

    • Tenure: 11.7yrs
    • Compensation: CA$72.00k
  • Jessica Damphouse

    Executive Officer

    • Tenure: 0.0yrs
  • Richard Daigle

    Executive Officer

    • Tenure: 0.0yrs
  • Jennifer Ta

    Controller

    • Tenure: 0.0yrs

Board Members

  • Wayne Egan (50yo)

    Non-Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: CA$20.00k
  • Stephen Shefsky (63yo)

    Co-Founder

    • Tenure: 11.8yrs
    • Compensation: CA$360.00k
  • Mark Brennan (54yo)

    Co-Founder & Director

    • Tenure: 11.8yrs
    • Compensation: CA$20.00k
  • Jon Pereira (57yo)

    Independent Director

    • Tenure: 11.6yrs
    • Compensation: CA$20.00k
  • Adeniyi Olaniyan

    Director

    • Tenure: 7.2yrs
    • Compensation: CA$464.94k
  • Jean Gauthier

    Independent Director

    • Tenure: 5.0yrs
    • Compensation: CA$20.00k

Company Information

James Bay Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: James Bay Resources Limited
  • Ticker: JBR
  • Exchange: CNSX
  • Founded: 2007
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: €980.645k
  • Listing Market Cap: €1.444m
  • Shares outstanding: 46.70m
  • Website: https://www.jamesbayresources.com

Location

  • James Bay Resources Limited
  • 110 Yonge Street
  • Suite 501
  • Toronto
  • Ontario
  • M5C 1T4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8J8DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2008
JMBR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2008
JBRCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJul 2008

Biography

James Bay Resources Limited, a Canadian junior oil company, engages in the exploration and evaluation of oil and gas interests in Nigeria. The company was incorporated in 2007 and is headquartered in Toron ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:51
End of Day Share Price2019/08/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.