CNSX:EX

Stock Analysis Report

Explorex Resources

Executive Summary

Explorex Resources Inc. engages in the acquisition, exploration, and development of mineral properties in British Columbia.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Risks

  • Explorex Resources has significant price volatility in the past 3 months.
  • Explorex Resources is not covered by any analysts.

Share Price & News

How has Explorex Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

38.9%

CNSX:EX

-2.8%

CA Metals and Mining

-1.4%

CA Market


1 Year Return

-19.4%

CNSX:EX

19.6%

CA Metals and Mining

-4.4%

CA Market

EX underperformed the Metals and Mining industry which returned 19.6% over the past year.

EX underperformed the Market in Canada which returned -4.4% over the past year.


Share holder returns

EXIndustryMarket
7 Day38.9%-2.8%-1.4%
30 Day11.1%-1.3%-2.8%
90 Day-3.8%19.5%-3.1%
1 Year-19.4%-19.4%20.6%19.6%-1.0%-4.4%
3 Year66.7%66.7%-16.1%-17.7%13.4%3.4%
5 Year92.3%92.3%-10.1%-13.4%12.4%-3.4%

Price Volatility Vs. Market

How volatile is Explorex Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

8.69x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Explorex Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Explorex Resources to establish if it is available at substantial discount.


Price Based on Earnings

Explorex Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.

Explorex Resources is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Explorex Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Explorex Resources is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

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

35.4%

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 Explorex 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

Past Performance

How has Explorex Resources performed over the past 5 years?

-45.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Explorex Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Explorex Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Explorex Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Explorex Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Explorex Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Explorex Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Explorex Resources's financial position?


Financial Position Analysis

Explorex Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Explorex Resources has no long term commitments.


Debt to Equity History and Analysis

Explorex Resources has no debt.

Explorex Resources has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

Explorex Resources has no debt, it does not need to be 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.

Explorex Resources has less than a year of cash runway based on current free cash flow.

Explorex Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 56.8% each year.


Next Steps

Dividend

What is Explorex Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Explorex Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Explorex Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Explorex Resources has not reported any payouts.

Unable to verify if Explorex Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Explorex Resources 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.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Gary David Schellenberg (60yo)

1.9yrs

Tenure

CA$69,515

Compensation

Mr. Gary David Albert Schellenberg, B.Sc. Geology, serves as Chief Executive Officer and Chairman at Troubadour Resources Inc. Mr. Schellenberg has been the Chief Executive Officer of ExplorEx Resources In ...


CEO Compensation Analysis

Gary David's remuneration is lower than average for companies of similar size in Canada.

Gary David's compensation has increased whilst company is loss making.


Management Age and Tenure

1.9yrs

Average Tenure

60yo

Average Age

The average tenure for the Explorex Resources management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.9yrs

Average Tenure

61yo

Average Age

The average tenure for the Explorex Resources board of directors is less than 3 years, this suggests a new board.


Insider Trading

Explorex Resources individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellCA$3,92028 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares16,000
Max PriceCA$0.24
SellCA$98027 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares4,000
Max PriceCA$0.24
BuyCA$60026 Jun 19
Coast Mountain Geological Ltd
EntityCompany
Shares3,000
Max PriceCA$0.20
SellCA$5,50016 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$0.28
SellCA$4,25312 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares15,194
Max PriceCA$0.28
SellCA$3,91810 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares14,050
Max PriceCA$0.28
SellCA$17,86406 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares66,500
Max PriceCA$0.28
SellCA$3,10503 Jun 19
James Mustard
EntityIndividual
Role
Member of the Board of Directors
VP of Corporate Development & Director
Shares11,500
Max PriceCA$0.27
SellCA$13003 Jun 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares500
Max PriceCA$0.26
SellCA$65027 May 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares2,500
Max PriceCA$0.26
SellCA$3,90022 May 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares15,000
Max PriceCA$0.26
SellCA$1,30016 May 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares5,000
Max PriceCA$0.26
SellCA$6,16515 May 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares23,500
Max PriceCA$0.27
BuyCA$10,00016 Apr 19
Gary David Schellenberg
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares40,000
Max PriceCA$0.25
SellCA$2,43011 Apr 19
James Mustard
EntityIndividual
Role
Member of the Board of Directors
VP of Corporate Development & Director
Shares9,000
Max PriceCA$0.27
SellCA$4,50025 Mar 19
James Mustard
EntityIndividual
Role
Member of the Board of Directors
VP of Corporate Development & Director
Shares15,000
Max PriceCA$0.30
BuyCA$1,30506 Mar 19
Jerome Bella
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,500
Max PriceCA$0.29
BuyCA$6,00004 Mar 19
Gary David Schellenberg
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares20,000
Max PriceCA$0.30
SellCA$3,90019 Feb 19
Michael Sieb
EntityIndividual
Role
Member of the Board of Directors
President & Director
Shares13,000
Max PriceCA$0.30
SellCA$6,08315 Jan 19
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$0.32
SellCA$32009 Jan 19
James Mustard
EntityIndividual
Role
Member of the Board of Directors
VP of Corporate Development & Director
Shares1,000
Max PriceCA$0.32
BuyCA$4,80019 Dec 18
Jerome Bella
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares15,000
Max PriceCA$0.32
SellCA$8,00006 Dec 18
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$0.40
SellCA$8,20005 Dec 18
William E. Wishart
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$0.41
BuyCA$48010 Oct 18
Coast Mountain Geological Ltd
EntityCompany
Shares2,000
Max PriceCA$0.24
BuyCA$1,92003 Oct 18
Coast Mountain Geological Ltd
EntityCompany
Shares8,000
Max PriceCA$0.24
BuyCA$2,50021 Sep 18
Coast Mountain Geological Ltd
EntityCompany
Shares10,000
Max PriceCA$0.25
BuyCA$2,70019 Sep 18
Coast Mountain Geological Ltd
EntityCompany
Shares10,000
Max PriceCA$0.27

Ownership Breakdown


Management Team

  • Gary David Schellenberg (60yo)

    CEO & Director

    • Tenure: 1.9yrs
    • Compensation: CA$69.52k
  • Jim Mustard (66yo)

    VP of Corporate Development & Director

    • Tenure: 2.8yrs
    • Compensation: CA$108.77k
  • Mike Sieb (53yo)

    President & Director

    • Tenure: 1.9yrs
    • Compensation: CA$77.53k
  • Elizabeth Richards

    Chief Financial Officer

    • Tenure: 1.6yrs
    • Compensation: CA$37.21k

Board Members

  • Gary David Schellenberg (60yo)

    CEO & Director

    • Tenure: 1.9yrs
    • Compensation: CA$69.52k
  • Bill Wishart

    Chairman of the Board

    • Tenure: 1.9yrs
    • Compensation: CA$110.77k
  • Jim Mustard (66yo)

    VP of Corporate Development & Director

    • Tenure: 2.8yrs
    • Compensation: CA$108.77k
  • David Baril

    Member of Advisory Board

    • Tenure: 1.4yrs
  • Mike Sieb (53yo)

    President & Director

    • Tenure: 1.9yrs
    • Compensation: CA$77.53k
  • Jerry Bella (62yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: CA$35.77k
  • Mike Zhou

    Director

    • Tenure: 0.0yrs

Company Information

Explorex Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Explorex Resources Inc.
  • Ticker: EX
  • Exchange: CNSX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$5.743m
  • Shares outstanding: 22.97m
  • Website: https://explorex.ca

Location

  • Explorex Resources Inc.
  • 625 Howe Street
  • Suite 488
  • Vancouver
  • British Columbia
  • V6C 2T6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXCNSX (Canadian National Stock Exchange)YesCommon StockCACADAug 2011
EXPX.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2011
1XEDB (Deutsche Boerse AG)YesCommon StockDEEURAug 2011

Biography

Explorex Resources Inc. engages in the acquisition, exploration, and development of mineral properties in British Columbia. The company explores for silver, lead, zinc, copper, and gold, as well as cobalt  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:52
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.