Executive Summary
Etruscus Resources Corp., a junior exploration company, engages in the exploration and development of natural resource properties. More Details
Risk Analysis
Snowflake Analysis
Flawless 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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-7.9%
ETR
-0.3%
CA Metals and Mining
0.07%
CA Market
1 Year Return
40.0%
ETR
51.7%
CA Metals and Mining
-3.6%
CA Market
Return vs Industry: ETR underperformed the Canadian Metals and Mining industry which returned 49.1% over the past year.
Return vs Market: ETR exceeded the Canadian Market which returned -4% over the past year.
Shareholder returns
| ETR | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.9% | -0.3% | 0.07% |
| 30 Day | -15.7% | -0.2% | 2.1% |
| 90 Day | -12.5% | -7.1% | 1.8% |
| 1 Year | 40.0%40.0% | 52.8%51.7% | -0.09%-3.6% |
| 3 Year | n/a | 23.4%21.5% | 3.7%-6.1% |
| 5 Year | n/a | 65.1%61.9% | 31.1%11.6% |
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
6 months ago | Simply Wall St
Can Etruscus Resources (CSE:ETR) Fund Its Growth Plans?7 months ago | Simply Wall St
Do Directors Own Etruscus Resources Corp. (CSE:ETR) Shares?11 months ago | Simply Wall St
What Type Of Shareholder Owns Etruscus Resources Corp.'s (CNSX:ETR)?Valuation
Is Etruscus Resources undervalued compared to its fair value and its price relative to the market?
4.55x
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 CA 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 (4.5x) compared to the CA Metals and Mining industry average (2.9x).
Next Steps
Future Growth
How is Etruscus Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.6%
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
- Examine Etruscus Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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?
20.5%
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: Insufficient data to determine if ETR's year-on-year earnings growth rate was positive over the past 5 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 (56.4%).
Return on Equity
High ROE: ETR has a negative Return on Equity (-33.64%), as it is currently unprofitable.
Next Steps
Financial Health
How is Etruscus Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ETR's short term assets (CA$413.6K) exceed its short term liabilities (CA$190.7K).
Long Term Liabilities: ETR's short term assets (CA$413.6K) exceed its long term liabilities (CA$19.5K).
Debt to Equity History and Analysis
Debt Level: ETR is debt free.
Reducing Debt: ETR had no debt 5 years ago.
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: ETR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ETR is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is Etruscus Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ETR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ETR'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 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
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Gordon Lam (44 yo)
2.75yrs
Tenure
CA$67,500
Compensation
Mr. Gordon Lam serves as Chief Executive Officer of Etruscus Resources Corp. since January 1, 2018 and serves as its President and Director. Mr. Lam has been CEO and owner of Hatch 8 Capital since October ...
CEO Compensation Analysis
Compensation vs Market: Gordon's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD171.35K).
Compensation vs Earnings: Gordon's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.75yrs | CA$30.00k | 7.89% CA$ 735.0k | |
| President | 2.75yrs | CA$67.50k | 7.89% CA$ 735.0k | |
| Chief Financial Officer | 2.58yrs | CA$30.00k | 1.88% CA$ 175.0k | |
| Vice President of Exploration | 1.75yrs | CA$8.00k | no data |
2.6yrs
Average Tenure
57yo
Average Age
Experienced Management: ETR's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.75yrs | CA$30.00k | 7.89% CA$ 735.0k | |
| President | 2.75yrs | CA$67.50k | 7.89% CA$ 735.0k | |
| Independent Director | no data | no data | 7.89% CA$ 735.0k | |
| Independent Director | no data | no data | 1.88% CA$ 175.0k | |
| Advisory Board Member | 1.75yrs | no data | no data | |
| Advisory Board Member | 1.75yrs | no data | no data | |
| Advisory Board Member | 1.58yrs | no data | no data |
1.8yrs
Average Tenure
50yo
Average Age
Experienced Board: ETR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 37.2%.
Top Shareholders
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$9.313m
- Shares outstanding: 26.61m
- Website: https://www.etruscusresources.com
Location
- Etruscus Resources Corp.
- 1125 Howe Street
- Suite 1400
- Vancouver
- British Columbia
- V6Z 2K8
- 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 |
| ERR | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 2019 |
| ETRU.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | 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, silver, zinc, lead, and copper deposits. It ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 00:55 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
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.