| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
SRI Stock Overview
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada.
Sparton Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.08 |
| 52 Week High | CA$0.14 |
| 52 Week Low | CA$0.065 |
| Beta | 1.11 |
| 1 Month Change | 6.67% |
| 3 Month Change | 14.29% |
| 1 Year Change | -20.00% |
| 3 Year Change | 220.00% |
| 5 Year Change | 100.00% |
| Change since IPO | 14.29% |
Recent News & Updates
Shareholder Returns
| SRI | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | 14.3% | 4.7% | 3.0% |
| 1Y | -20.0% | 48.4% | 0.7% |
Return vs Industry: SRI underperformed the Canadian Oil and Gas industry which returned 47.1% over the past year.
Return vs Market: SRI underperformed the Canadian Market which returned -0.2% over the past year.
Price Volatility
| SRI volatility | |
|---|---|
| SRI Average Weekly Movement | 17.2% |
| Oil and Gas Industry Average Movement | 11.1% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in CA Market | 19.0% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: SRI is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: SRI's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Alan Barker | https://www.spartonres.ca |
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area. The company also has interest in Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and engages in the vanadium redox flow battery business.
Sparton Resources Fundamentals Summary
| SRI fundamental statistics | |
|---|---|
| Market Cap | CA$11.76m |
| Earnings (TTM) | -CA$402.12k |
| Revenue (TTM) | CA$630.13k |
18.7x
P/S Ratio-29.3x
P/E RatioIs SRI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SRI income statement (TTM) | |
|---|---|
| Revenue | CA$630.13k |
| Cost of Revenue | CA$558.86k |
| Gross Profit | CA$71.28k |
| Other Expenses | CA$473.39k |
| Earnings | -CA$402.12k |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0027 |
| Gross Margin | 11.31% |
| Net Profit Margin | -63.81% |
| Debt/Equity Ratio | 17.2% |
How did SRI perform over the long term?
See historical performance and comparisonValuation
Is SRI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SRI?
Other financial metrics that can be useful for relative valuation.
| What is SRI's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$11.76m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 19.4x |
| Enterprise Value/EBITDA | -36.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does SRI's PS Ratio compare to its peers?
| SRI PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.7x | ||
GRN Greenlane Renewables | 1.8x | 24.2% | CA$116.4m |
BUF Buffalo Coal | 0.2x | n/a | CA$6.3m |
AMRCF AM Resources | 2.3x | n/a | CA$4.9m |
SGQ SouthGobi Resources | 2.4x | n/a | CA$46.6m |
SRI Sparton Resources | 18.7x | n/a | CA$11.8m |
Price-To-Sales vs Peers: SRI is expensive based on its Price-To-Sales Ratio (18.7x) compared to the peer average (1.7x).
Price to Earnings Ratio vs Industry
How does SRI's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Sales vs Industry: SRI is expensive based on its Price-To-Sales Ratio (18.7x) compared to the Canadian Oil and Gas industry average (2.4x)
Price to Sales Ratio vs Fair Ratio
What is SRI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 18.7x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate SRI's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SRI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate SRI's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate SRI's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Sparton Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
1.3%
Forecasted Energy industry annual growth in earnings
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 Sparton 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 SimplyWall St do have past financial data.
Discover growth companies
- Take a look at our analysis of SRI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Sparton Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Sparton Resources performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-40.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRI is currently unprofitable.
Growing Profit Margin: SRI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SRI is unprofitable, and losses have increased over the past 5 years at a rate of 40.9% per year.
Accelerating Growth: Unable to compare SRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SRI is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (173.6%).
Return on Equity
High ROE: SRI has a negative Return on Equity (-31.27%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Sparton Resources's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SRI's short term assets (CA$277.5K) do not cover its short term liabilities (CA$551.1K).
Long Term Liabilities: SRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRI's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: SRI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
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.
Stable Cash Runway: SRI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SRI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.3% each year
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Dividend
What is Sparton Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SRI's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SRI has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
12.2yrs
Average board tenure
CEO
Alan Barker
no data
Tenure
CA$64,484
Compensation
Mr. Alan Lee Barker, M.A Sc., M.Sc.(Applied), P. Eng., P.Geol. has been the Chief Executive Officer and President of Sparton Resources Inc. since June 2002. Mr. Barker has been Executive Director of Sparto...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD50.40K) is below average for companies of similar size in the Canadian market ($USD188.05K).
Compensation vs Earnings: Alan's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: SRI's board of directors are seasoned and experienced ( 12.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sparton Resources Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Sparton Resources Inc.
- Ticker: SRI
- Exchange: TSXV
- Founded: NaN
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Implied Market Cap: CA$11.763m
- Shares outstanding: 147.04m
- Website: https://www.spartonres.ca
Location
- Sparton Resources Inc.
- 81A Front Street East
- Unit 216
- Toronto
- Ontario
- M5E 1Z7
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/12 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.