Executive Summary
Etruscus Resources Corp., a junior exploration company, engages in the exploration and development of natural resource properties.
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Etruscus Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ETR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.0%
ETR
0.2%
CA Metals and Mining
-0.4%
CA Market
1 Year Return
n/a
ETR
22.8%
CA Metals and Mining
10.5%
CA Market
Return vs Industry: Insufficient data to determine how ETR performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how ETR performed against the Canadian Market.
Shareholder returns
| ETR | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 0.2% | -0.4% |
| 30 Day | -18.3% | 1.3% | 0.8% |
| 90 Day | -30.0% | -3.3% | 1.7% |
| 1 Year | n/a | 23.8%22.8% | 14.1%10.5% |
| 3 Year | n/a | 6.7%4.7% | 16.1%5.6% |
| 5 Year | n/a | 34.6%30.4% | 41.2%20.4% |
Price Volatility Vs. Market
How volatile is Etruscus Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
What Type Of Shareholder Owns Etruscus Resources Corp.'s (CNSX:ETR)?2 months ago | Simply Wall St
Is Etruscus Resources (CNSX:ETR) In A Good Position To Invest In Growth?4 months ago | Simply Wall St
Do Insiders Own Shares In Etruscus Resources Corp. (CNSX:ETR)?Valuation
Is Etruscus Resources undervalued compared to its fair value and its price relative to the market?
3.33x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ETR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ETR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ETR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ETR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ETR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ETR is overvalued based on its PB Ratio (3.3x) compared to the CA Metals and Mining industry average (1.3x).
Next Steps
Future Growth
How is Etruscus Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.2%
Forecasted Materials 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 Etruscus 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.
Next Steps
- Take a look at our analysis of ETR’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.
- Etruscus Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Etruscus Resources performed over the past 5 years?
-216.2%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ETR is currently unprofitable.
Growing Profit Margin: ETR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if ETR's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare ETR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ETR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.9%).
Return on Equity
High ROE: ETR has a negative Return on Equity (-52.28%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Etruscus Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ETR's short term assets (CA$419.4K) do not cover its short term liabilities (CA$556.5K).
Long Term Liabilities: ETR's short term assets (CA$419.4K) exceed its long term liabilities (CA$33.2K).
Debt to Equity History and Analysis
Debt Level: ETR is debt free.
Reducing Debt: ETR had no debt 5 years ago.
Balance Sheet
Inventory Level: ETR has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ETR's debt is 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.
Stable Cash Runway: ETR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ETR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -114.1% each year
Next Steps
Dividend
What is Etruscus Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ETR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ETR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ETR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ETR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ETR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
What is the CEO of Etruscus Resources's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Gordon Lam (43yo)
1.9yrs
Tenure
CA$67,500
Compensation
Mr. Gordon Lam serves as Chief Executive Officer of Etruscus Resources Corp. since January 1, 2018 and serves as its President and Director. Mr. Lam has been CEO and owner of Hatch 8 Capital since October  ...
CEO Compensation Analysis
Compensation vs Market: Gordon's total compensation ($USD51.06K) is below average for companies of similar size in the Canadian market ($USD136.16K).
Compensation vs Earnings: Gordon's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: ETR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
0.9yrs
Average Tenure
49yo
Average Age
Experienced Board: ETR's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: ETR only recently listed within the past 12 months, with total shares outstanding growing by 71.2% in the past year..
Management Team
Fiore Aliperti (55yo)
Executive Chairman
- Tenure: 1.9yrs
- Compensation: CA$30.00k
Jon Lever (57yo)
Chief Financial Officer
- Tenure: 1.8yrs
- Compensation: CA$30.00k
Sameen Oates (37yo)
Corporate Secretary
- Tenure: 1.8yrs
- Compensation: CA$30.00k
Peter Oates
Manager of Corporate Communications & Business Development
- Tenure: 0yrs
Dave Webb (61yo)
Vice President of Exploration
- Tenure: 0.9yrs
- Compensation: CA$8.00k
Gordon Lam (43yo)
President
- Tenure: 1.9yrs
- Compensation: CA$67.50k
Board Members
Fiore Aliperti (55yo)
Executive Chairman
- Tenure: 1.9yrs
- Compensation: CA$30.00k
Michael Sikich (50yo)
Independent Director
- Tenure: 0yrs
Jason Leikam (48yo)
Independent Director
- Tenure: 0yrs
Gordon Lam (43yo)
President
- Tenure: 1.9yrs
- Compensation: CA$67.50k
Lindsay Bottomer
Advisory Board Member
- Tenure: 0.9yrs
Dave Dupre
Advisory Board Member
- Tenure: 0.9yrs
Murray Jones
Advisory Board Member
- Tenure: 0.8yrs
Company Information
Etruscus Resources Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Etruscus Resources Corp.
- Ticker: ETR
- Exchange: CNSX
- Founded: 2017
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$4.461m
- Shares outstanding: 19.39m
- Website: https://www.etruscusresources.com
Location
- Etruscus Resources Corp.
- 400 Burrard Street
- Suite 1780
- Vancouver
- British Columbia
- V6C 3A6
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ETR | CNSX (Canadian National Stock Exchange) | Yes | Common Shares | CA | CAD | Jan 2019 |
Biography
Etruscus Resources Corp., a junior exploration company, engages in the exploration and development of natural resource properties. The company explores for gold and copper deposits. It focuses on developin ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/07 00:59 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.