Eastern Zinc Corp., a junior exploration company, focuses on the acquisition, exploration, and development of resources properties.
+ 2 more risks
Imperfect balance sheet and overvalued.
Share Price & News
How has Eastern Zinc's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EZNC's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how EZNC performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how EZNC performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Eastern Zinc's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Eastern Zinc undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EZNC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EZNC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EZNC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: EZNC 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 EZNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EZNC is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.5x).
How is Eastern Zinc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Eastern Zinc 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.
- Take a look at our analysis of EZNC’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.
- Eastern Zinc competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Eastern Zinc performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EZNC is currently unprofitable.
Growing Profit Margin: EZNC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EZNC is unprofitable, and losses have increased over the past 5 years at a rate of -84.2% per year.
Accelerating Growth: Unable to compare EZNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EZNC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: EZNC has a negative Return on Equity (-224.8%), as it is currently unprofitable.
How is Eastern Zinc's financial position?
Financial Position Analysis
Short Term Liabilities: EZNC's short term assets (CA$178.5K) do not cover its short term liabilities (CA$495.8K).
Long Term Liabilities: EZNC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EZNC's debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EZNC's debt to equity ratio has reduced over the past 5 years.
Inventory Level: EZNC has a high level of physical assets or inventory.
Debt Coverage by Assets: EZNC's debt is not covered by short term assets (assets are 0.9x debt).
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: EZNC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EZNC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -54.5% each year
What is Eastern Zinc's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EZNC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EZNC'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 EZNC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EZNC'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 EZNC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Paul Ténière 0
Mr. Paul Ténière, M.Sc., P.Geo., has been Chief Executive Officer and Director of Cameo Industries Corp. since July 2019. Mr. Ténière is a professional geologist at with diverse experience in the mining an ...
|Chairman & CFO||0.9yrs||CA$33.60k||0.031% CA$739.5|
|Independent Director||1.7yrs||CA$40.12k||no data|
|Independent Director||1.8yrs||CA$40.12k||no data|
Experienced Board: EZNC's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 381.7%.
Eastern Zinc Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Eastern Zinc Corp.
- Ticker: EZNC
- Exchange: CNSX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$2.373m
- Shares outstanding: 67.80m
- Website: https://www.easternzinc.com
- Eastern Zinc Corp.
- 789 West Pender Street
- Suite 810
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EZNC||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 2008|
|3EZ||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2008|
Eastern Zinc Corp., a junior exploration company, focuses on the acquisition, exploration, and development of resources properties. It has an option to acquire 100% interest in Grouse Mountain property comprising 7 contiguous mineral claims covering an area of approximately 1,763 hectares situated in the Bulkley-Nechako Regional District of British Columbia; and a 100% interest in Clear Lake property, which include 121 contiguous claims that covers approximately 2,479 hectares situated in the Whitehorse Mining Division. The company was formerly known as Cricket Resources Inc. and changed its name to Eastern Zinc Corp. in July 2017. Eastern Zinc Corp. was incorporated in 2006 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:12|
|End of Day Share Price||2020/02/26 00:00|
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.