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Debut Diamonds

CNSX:DDI
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DDI
CNSX
CA$2M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Debut Diamonds Inc., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 87 days ago. More info.


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DDI Share Price and Events
7 Day Returns
0%
CNSX:DDI
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-50%
CNSX:DDI
-5.9%
CA Metals and Mining
0.7%
CA Market
DDI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Debut Diamonds (DDI) 0% 0% 0% -50% -50% -
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • DDI underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • DDI underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
DDI
Industry
5yr Volatility vs Market

Value

 Is Debut Diamonds undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Debut Diamonds is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Debut Diamonds has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Debut Diamonds. This is due to cash flow or dividend data being unavailable. The share price is CA$0.005.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Debut Diamonds's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Debut Diamonds's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:DDI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$0.00
CNSX:DDI Share Price ** CNSX (2019-03-18) in CAD CA$0.01
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Debut Diamonds.

CNSX:DDI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:DDI Share Price ÷ EPS (both in CAD)

= 0.01 ÷ 0.00

-25.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Debut Diamonds is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Debut Diamonds is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Debut Diamonds's expected growth come at a high price?
Raw Data
CNSX:DDI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -25.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Debut Diamonds, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Debut Diamonds's assets?
Raw Data
CNSX:DDI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.00
CNSX:DDI Share Price * CNSX (2019-03-18) in CAD CA$0.01
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
CNSX:DDI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:DDI Share Price ÷ Book Value per Share (both in CAD)

= 0.01 ÷ 0.00

-8.12x

* Primary Listing of Debut Diamonds.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Debut Diamonds has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of DDI’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.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Debut Diamonds's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Debut Diamonds's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Debut Diamonds has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Debut Diamonds expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Debut Diamonds 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Debut Diamonds expected to grow at an attractive rate?
  • Unable to compare Debut Diamonds's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Debut Diamonds's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Debut Diamonds's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:DDI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:DDI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:DDI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0
2016-10-31 0 0
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Debut Diamonds is high growth as no earnings estimate data is available.
  • Unable to determine if Debut Diamonds is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:DDI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Debut Diamonds Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DDI Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 0.00
2018-01-31 0.00
2017-10-31 0.00
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.00
2016-04-30 0.00
2016-01-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Debut Diamonds will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of DDI’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.
  2. Debut Diamonds's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Debut Diamonds's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Debut Diamonds's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Debut Diamonds has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Debut Diamonds performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Debut Diamonds's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Debut Diamonds does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Debut Diamonds's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Debut Diamonds's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Debut Diamonds's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Debut Diamonds Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:DDI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -0.04 0.03
2018-07-31 -0.05 0.03
2018-04-30 -0.04 0.03
2018-01-31 -0.06 0.06
2017-10-31 -0.06 0.04
2017-07-31 -0.05 0.04
2017-04-30 -0.05 0.04
2017-01-31 -0.09 0.04
2016-10-31 -0.17 0.07
2016-07-31 -0.27 0.08
2016-04-30 -0.25 0.08
2016-01-31 -0.63 0.02
2015-10-31 -0.85 0.04
2015-07-31 -0.87 0.15
2015-04-30 -1.14 0.21
2015-01-31 -0.75 0.32
2014-10-31 -0.54 0.31
2014-07-31 -0.54 0.22
2014-04-30 -0.42 0.18
2014-01-31 -0.88 0.24
2013-10-31 -2.83 1.72
2013-07-31 -4.39 3.46
2013-04-30 -4.63 3.80
2013-01-31 -4.82 4.01
2012-10-31 -3.24 3.00
2012-07-31 -3.56 3.30
2012-04-30 -3.23 2.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Debut Diamonds has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Debut Diamonds has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Debut Diamonds improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Debut Diamonds's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Debut Diamonds has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Debut Diamonds's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Debut Diamonds's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Debut Diamonds's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Debut Diamonds has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Debut Diamonds's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debut Diamonds has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Debut Diamonds Company Filings, last reported 4 months ago.

CNSX:DDI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 -0.13 0.09 0.00
2018-07-31 -0.11 0.08 0.01
2018-04-30 -0.11 0.08 0.01
2018-01-31 -0.10 0.08 0.01
2017-10-31 -0.09 0.08 0.03
2017-07-31 -0.07 0.00 0.01
2017-04-30 -0.06 0.00 0.01
2017-01-31 -0.04 0.00 0.00
2016-10-31 -0.03 0.00 0.00
2016-07-31 -0.02 0.00 0.01
2016-04-30 -0.01 0.00 0.00
2016-01-31 0.05 0.00 0.05
2015-10-31 0.08 0.00 0.14
2015-07-31 0.24 0.00 0.30
2015-04-30 0.24 0.00 0.28
2015-01-31 0.28 0.00 0.31
2014-10-31 -0.63 1.24 0.64
2014-07-31 -0.47 1.18 0.72
2014-04-30 -0.09 1.13 1.03
2014-01-31 -0.62 1.38 0.78
2013-10-31 -0.46 1.31 0.85
2013-07-31 -0.60 0.00 0.76
2013-04-30 -0.03 0.92 0.92
2013-01-31 -0.29 1.43 1.36
2012-10-31 2.24 0.98 3.24
2012-07-31 3.22 0.93 4.32
2012-04-30 3.46 0.82 4.43
  • Debut Diamonds has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Debut Diamonds's debt level has increased considering it has negative shareholder equity.
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.

  • Debut Diamonds has less than a year of cash runway based on current free cash flow.
  • Debut Diamonds has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.1% each year.
X
Financial health checks
We assess Debut Diamonds's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Debut Diamonds has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Debut Diamonds's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Debut Diamonds dividends.
If you bought CA$2,000 of Debut Diamonds shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Debut Diamonds's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Debut Diamonds's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:DDI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Debut Diamonds has not reported any payouts.
  • Unable to verify if Debut Diamonds's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Debut Diamonds's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Debut Diamonds 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.
X
Income/ dividend checks
We assess Debut Diamonds's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Debut Diamonds afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Debut Diamonds has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Debut Diamonds's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Frank Smeenk
COMPENSATION CA$0
AGE 70
CEO Bio

Mr. Frank Cornelius Smeenk, BA, LL.B has been the Managing of Debut Diamonds Inc. since 2007. Mr. Smeenk co-founded Fletcher Nickel Inc., in 2003 and has been its Chief Executive Officer since 2003 and also serves as its President. He has been the President and Chief Executive Officer of KWG Resources Inc., since October 2004. He served as the Chief Executive Officer at Debut Diamonds Inc. since 2007. He served as the President of Debuts Diamonds Inc. since 2007. He served as Vice President of Macdonald Oil Exploration Ltd. He serves as President of Kwg Resources Inc., at Canada Chrome Corporation. He served as a Managing Partner of a London, Ontario law firm. Mr. Smeenk served as the Chief Executive Officer and President of MacDonald Mines Exploration Limited from January 1, 2003 to August 13, 2003. He served as the Chief Financial Officer of Crown Gold Corporation (formerly Crown Minerals Inc.), from February 2009 to July 2009. He served as the Chairman of the Board of KWG Resources Inc., and MacDonald Mines Exploration Limited. He serves as a Director of a number of mining and exploration companies including Northfield Capital Corporation and NFX Gold Inc. He has been Director of KWG Resources Inc., since April 14, 1998. He has been a Director of Debut Diamonds Inc., since October 18, 2007. He serves as Director of MacDonald Oil Exploration Ltd., Cubacan Exploration Inc. and Cimatec Environmental Engineering Inc. He serves as Director of The Phi Gamma Delta Foundation of Canada. Mr. Smeenk serves as a Director of Genoil Inc., Armistice Resources Ltd., Perrex Resources Inc. and Conquest Resources Ltd. He served as a Director of Fletcher Nickel Inc. since December 14, 2003, Strike Minerals, Inc., since July 17, 2008 and Crown Minerals Inc., from February 2009 to July 2009. He served as Director of Landdrill International Inc., since February 2009. He served as a Director of Carlisle Goldfields Limited from July 31, 2009 to February 21, 2012. He served as a Director of Northfield Minerals Inc. from February 2009 to July 2009. He has been an Independent Director of GoldTrain Resources Inc. since October 2011. He is a member of the Law Society of Upper Canada. Mr. Smeenk completed the Canadian Securities Course and obtained his B.A from the University of Western Ontario in 1971. He obtained LL.B in 1974 from the University of Western Ontario and was called to the Bar in 1976.

CEO Compensation
  • Frank's compensation has been consistent with company performance over the past year.
  • Frank's remuneration is lower than average for companies of similar size in Canada.
Management Team

Frank Smeenk

TITLE
MD, CEO & Director
AGE
70

Ted Masters

TITLE
Chief Financial Officer
COMPENSATION
CA$11K
TENURE
7.6 yrs

Luce Saint-Pierre

TITLE
Corporate Secretary & Director
AGE
72

Sarah Marriott

TITLE
Chief Administrative Officer

Bruce Hodgman

TITLE
Vice President of Corporate Communications
Board of Directors Tenure

Average tenure and age of the Debut Diamonds board of directors in years:

7.1
Average Tenure
63
Average Age
  • The tenure for the Debut Diamonds board of directors is about average.
Board of Directors

Frank Smeenk

TITLE
MD, CEO & Director
AGE
70
TENURE
11.4 yrs

Luce Saint-Pierre

TITLE
Corporate Secretary & Director
AGE
72
TENURE
7.7 yrs

Bruce Reid

TITLE
Director
AGE
62
TENURE
9.7 yrs

Martin Doyle

TITLE
Director
AGE
63
TENURE
6.6 yrs

Greg Wilson

TITLE
Director
AGE
54
TENURE
0.3 yrs

Michael Minas

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Debut Diamonds insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Jan 19 Buy Marc Lustig Individual 09. Jan 19 09. Jan 19 60,001,200 CA$0.00 CA$180,033
11. Jan 19 Buy James Wilson Individual 09. Jan 19 09. Jan 19 60,001,200 CA$0.00 CA$180,033
11. Jan 19 Buy Jason Goldman Individual 09. Jan 19 09. Jan 19 60,001,200 CA$0.00 CA$180,033
03. Dec 18 Sell Frank Smeenk Individual 29. Nov 18 29. Nov 18 -484,950 CA$0.01 CA$-4,779
27. Nov 18 Sell KWG Resources Inc. Company 25. Nov 18 25. Nov 18 -122,448,500 CA$0.00 CA$-489,752
26. Sep 18 Sell KWG Resources Inc. Company 25. Sep 18 25. Sep 18 -45,000 CA$0.01 CA$-225
24. Sep 18 Sell KWG Resources Inc. Company 21. Sep 18 21. Sep 18 -572,000 CA$0.01 CA$-2,860
06. Sep 18 Sell KWG Resources Inc. Company 06. Sep 18 06. Sep 18 -8,450,000 CA$0.01 CA$-42,246
05. Sep 18 Sell KWG Resources Inc. Company 04. Sep 18 04. Sep 18 -3,000,000 CA$0.01 CA$-15,001
X
Management checks
We assess Debut Diamonds's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Debut Diamonds has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Debut Diamonds Inc., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It focuses on the exploration for diamond bearing kimberlite deposits in the James Bay Lowlands of Northern Ontario; and gold exploration south of Timmins Ontario. The company was formerly known as Debuts Diamonds Inc. and changed its name to Debut Diamonds Inc. in June 2011. The company was incorporated in 2007 and is headquartered in Toronto, Canada. As of November 25, 2018, Debut Diamonds Inc. is a former subsidiary of KWG Resources Inc.

Details
Name: Debut Diamonds Inc.
DDI
Exchange: CNSX
Founded: 2007
CA$2,171,322
434,264,534
Website: http://www.debutdiamonds.com
Address: Debut Diamonds Inc.
141 Adelaide Street West,
Suite 420,
Toronto,
Ontario, M5H 3L5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX DDI Common Stock Canadian National Stock Exchange CA CAD 22. Mar 2012
OTCPK DBDI.F Common Stock Pink Sheets LLC US USD 22. Mar 2012
Number of employees
Current staff
Staff numbers
0
Debut Diamonds employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:42
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2018/12/24
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.