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SRI

Sparton Resources TSXV:SRI Stock Report

Last Price

CA$0.08

Market Cap

CA$11.8m

7D

14.3%

1Y

-20.0%

Updated

12 Aug, 2022

Data

Company Financials
SRI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Sparton Resources
Historical stock prices
Current Share PriceCA$0.08
52 Week HighCA$0.14
52 Week LowCA$0.065
Beta1.11
1 Month Change6.67%
3 Month Change14.29%
1 Year Change-20.00%
3 Year Change220.00%
5 Year Change100.00%
Change since IPO14.29%

Recent News & Updates

Shareholder Returns

SRICA Oil and GasCA Market
7D14.3%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

Is SRI's price volatile compared to industry and market?
SRI volatility
SRI Average Weekly Movement17.2%
Oil and Gas Industry Average Movement11.1%
Market Average Movement10.6%
10% most volatile stocks in CA Market19.0%
10% least volatile stocks in CA Market4.3%

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

FoundedEmployeesCEOWebsite
n/an/aAlan Barkerhttps://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

How do Sparton Resources's earnings and revenue compare to its market cap?
SRI fundamental statistics
Market CapCA$11.76m
Earnings (TTM)-CA$402.12k
Revenue (TTM)CA$630.13k

18.7x

P/S Ratio

-29.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SRI income statement (TTM)
RevenueCA$630.13k
Cost of RevenueCA$558.86k
Gross ProfitCA$71.28k
Other ExpensesCA$473.39k
Earnings-CA$402.12k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0027
Gross Margin11.31%
Net Profit Margin-63.81%
Debt/Equity Ratio17.2%

How did SRI perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SRI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation 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.

SRI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue19.4x
Enterprise Value/EBITDA-36.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SRI's PS Ratio compare to its peers?

SRI PS Ratio vs Peers
The above table shows the PS ratio for SRI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.7x
GRN Greenlane Renewables
1.8x24.2%CA$116.4m
BUF Buffalo Coal
0.2xn/aCA$6.3m
AMRCF AM Resources
2.3xn/aCA$4.9m
SGQ SouthGobi Resources
2.4xn/aCA$46.6m
SRI Sparton Resources
18.7xn/aCA$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.

SRI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio18.7x
Fair PS Ration/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

0/6

Future 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.


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  • 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

0/6

Past 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

3/6

Financial 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

0/6

Dividend 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.