CNSX:HHS

Stock Analysis Report

Hi Ho Silver Resources

Executive Summary

Hi Ho Silver Resources Inc., a mineral exploration company, explores for and develops mineral properties in Canada and the United States.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HHS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

HHS

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-28.6%

HHS

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: HHS underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: HHS underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

HHSIndustryMarket
7 Day0%-6.0%-6.2%
30 Day25.0%-1.0%-5.0%
90 Day-28.6%4.9%-2.8%
1 Year-28.6%-28.6%2.9%2.2%1.1%-2.0%
3 Year-70.6%-70.6%-2.8%-4.5%10.7%0.6%
5 Yearn/a25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Hi Ho Silver Resources undervalued compared to its fair value and its price relative to the market?

4.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HHS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HHS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HHS is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: HHS 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 HHS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HHS is overvalued based on its PB Ratio (4.6x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Hi Ho Silver Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

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 Hi Ho Silver 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 Hi Ho Silver Resources performed over the past 5 years?

-0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HHS is currently unprofitable.

Growing Profit Margin: HHS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HHS is unprofitable, and losses have increased over the past 5 years at a rate of -0.3% per year.

Accelerating Growth: Unable to compare HHS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HHS 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: HHS has a negative Return on Equity (-597.56%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hi Ho Silver Resources's financial position?


Financial Position Analysis

Short Term Liabilities: HHS's short term assets (CA$158.9K) do not cover its short term liabilities (CA$939.1K).

Long Term Liabilities: HHS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: HHS's debt to equity ratio (25.3%) is considered satisfactory.

Reducing Debt: HHS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: HHS has a high level of physical assets or inventory.

Debt Coverage by Assets: HHS's debt is covered by short term assets (assets are 2.1x 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: Insufficient data to determine if HHS has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if HHS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Hi Ho Silver Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate HHS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate HHS'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 HHS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HHS'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 HHS'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

Bill Jorgenson 0

2.6yrs

Tenure

0

Mr. William G. Jorgenson, also known as Bill, has been the Chairman of the Board and Chief Executive Officer of Hi Ho Silver Resources Inc. since July 20, 2017. Mr. Jorgenson has been Chief Financial Offic ...


Leadership Team

NamePositionTenureCompensationOwnership
William Jorgenson
Chairman2.6yrsno data3.13% CA$43.8k
Steve Jorgenson
President & Director1.6yrsno data1.22% CA$17.0k
Stewart Jackson
Consulting Geologist4.4yrsno datano data
Derek Ivany
0yrsno datano data

2.6yrs

Average Tenure

Experienced Management: HHS's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Jorgenson
Chairman2.6yrsno data3.13% CA$43.8k
Steve Jorgenson
President & Director1.6yrsno data1.22% CA$17.0k
Dong Shim
Nominee Director0yrsno datano data
William Jorgenson
VP & Director2.8yrsno datano data
Dennis Jorgenson
Director1.9yrsno data1.13% CA$15.8k
Kevin Jorgenson
Vice President & Director1.1yrsno data0.54% CA$7.5k

1.9yrs

Average Tenure

Experienced Board: HHS's board of directors are not considered experienced ( 1.9 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 substantially diluted in the past year, with total shares outstanding growing by 68.7%.


Top Shareholders

Company Information

Hi Ho Silver Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hi Ho Silver Resources Inc.
  • Ticker: HHS
  • Exchange: CNSX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.396m
  • Shares outstanding: 55.83m
  • Website: https://www.hihoresources.com

Location

  • Hi Ho Silver Resources Inc.
  • Maple Ridge Square
  • PO Box 21199
  • Maple Ridge
  • British Columbia
  • V2X 1P7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A2AM7PBST (Boerse-Stuttgart)COM NPV(POST REV SPLIT)DECADNo data
H9T1DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2006
HHSCNSX (Canadian National Stock Exchange)YesCommon SharesCACADNov 2006
H9T1BST (Boerse-Stuttgart)YesCommon SharesDEEURNov 2006

Biography

Hi Ho Silver Resources Inc., a mineral exploration company, explores for and develops mineral properties in Canada and the United States. It explores for precious and base-metal mineral deposits. The company has an option to acquire a 100% interest in the Beaurox Property comprising 28 unpatented mining claims covering approximately 1,000 hectares and the Norbeau Property covering 637 hectares in two claim groups located in McKenzie Township, northwestern Quebec, Canada. It also owns interests in Fairview South Okanagan Property, Illite Clay- Kootenay Clay Property, and Bralorne Project located in British Columbia. Hi Ho Silver Resources Inc. was founded in 2005 and is headquartered in Maple Ridge, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 02:06
End of Day Share Price2020/01/31 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


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.