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RFR

Renforth Resources CNSX:RFR Stock Report

Last Price

CA$0.03

Market Cap

CA$8.6m

7D

0%

1Y

-53.8%

Updated

01 Oct, 2022

Data

Company Financials +
RFR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RFR Stock Overview

Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada.

Renforth Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Renforth Resources
Historical stock prices
Current Share PriceCA$0.03
52 Week HighCA$0.09
52 Week LowCA$0.025
Beta0.87
1 Month Change0%
3 Month Change-33.33%
1 Year Change-53.85%
3 Year Change-33.33%
5 Year Change-33.33%
Change since IPO50.00%

Recent News & Updates

Shareholder Returns

RFRCA Metals and MiningCA Market
7D0%7.4%-0.008%
1Y-53.8%-7.9%-6.6%

Return vs Industry: RFR underperformed the Canadian Metals and Mining industry which returned -7.9% over the past year.

Return vs Market: RFR underperformed the Canadian Market which returned -6.6% over the past year.

Price Volatility

Is RFR's price volatile compared to industry and market?
RFR volatility
RFR Average Weekly Movement24.3%
Metals and Mining Industry Average Movement11.7%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.8%

Stable Share Price: RFR is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 24% a week.

Volatility Over Time: RFR's weekly volatility has increased from 17% to 24% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aNicole Brewsterhttps://www.renforthresources.com

Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It owns interests in the Surimeau District battery metals property in Quebec; Parbec gold deposit, a surface gold deposit in Malartic, Quebec; the Malartic West property, the site of a copper/silver discovery; and the Nixon-Bartleman property that hosts gold located to the west of Timmins Ontario. The company was formerly known as Wycliffe Resources Inc. Renforth Resources Inc. is headquartered in Pickering, Canada.

Renforth Resources Fundamentals Summary

How do Renforth Resources's earnings and revenue compare to its market cap?
RFR fundamental statistics
Market CapCA$8.56m
Earnings (TTM)-CA$3.94m
Revenue (TTM)n/a

0.0x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RFR income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$3.94m
Earnings-CA$3.94m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did RFR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is RFR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RFR?

Other financial metrics that can be useful for relative valuation.

RFR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does RFR's PB Ratio compare to its peers?

RFR PB Ratio vs Peers
The above table shows the PB ratio for RFR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.5x
NBY Niobay Metals
1.1xn/aCA$8.6m
KZD Kaizen Discovery
1.8xn/aCA$8.6m
CLZ Canasil Resources
175.7xn/aCA$8.6m
PM Pampa Metals
1.3xn/aCA$8.6m
RFR Renforth Resources
5xn/aCA$8.6m

Price-To-Book vs Peers: RFR is expensive based on its Price-To-Book Ratio (5x) compared to the peer average (2.5x).


Price to Earnings Ratio vs Industry

How does RFR's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: RFR is expensive based on its Price-To-Book Ratio (5x) compared to the Canadian Metals and Mining industry average (1.5x)


Price to Book Ratio vs Fair Ratio

What is RFR's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RFR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate RFR's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of RFR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate RFR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RFR's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Renforth Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.0%

Forecasted Materials industry annual growth in earnings

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if RFR's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if RFR's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if RFR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if RFR's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: RFR is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RFR's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Renforth Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-38.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RFR is currently unprofitable.

Growing Profit Margin: RFR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RFR is unprofitable, and losses have increased over the past 5 years at a rate of 38.7% per year.

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

Earnings vs Industry: RFR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.3%).


Return on Equity

High ROE: RFR has a negative Return on Equity (-229.1%), as it is currently unprofitable.


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Financial Health

How is Renforth Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: RFR's short term assets (CA$2.0M) exceed its short term liabilities (CA$264.5K).

Long Term Liabilities: RFR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RFR is debt free.

Reducing Debt: RFR has not had any debt for past 5 years.


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: RFR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RFR has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 31.4% each year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Renforth Resources Dividend Yield vs Market
How does Renforth Resources dividend yield compare to the market?
SegmentDividend Yield
Company (Renforth Resources)n/a
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.1%
Industry Average (Metals and Mining)2.6%
Analyst forecast in 3 Years (Renforth Resources)n/a

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

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

Growing Dividend: Insufficient data to determine if RFR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as RFR has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average board tenure


CEO

Nicole Brewster

10.42yrs

Tenure

CA$129,500

Compensation

Ms. Nicole Brewster has been the Chief Executive Officer and President at Renforth Resources Inc., since April 10, 2012. Ms. Brewster served as Secretary of Cadillac Ventures Inc. Ms. Brewster has 15 years...


CEO Compensation Analysis

Nicole Brewster's Compensation vs Renforth Resources Earnings
How has Nicole Brewster's remuneration changed compared to Renforth Resources's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-CA$4m

Mar 31 2022n/an/a

-CA$5m

Dec 31 2021n/an/a

-CA$3m

Sep 30 2021n/an/a

-CA$4m

Jun 30 2021n/an/a

CA$255k

Mar 31 2021n/an/a

CA$2m

Dec 31 2020CA$130kCA$120k

CA$1m

Sep 30 2020n/an/a

CA$3m

Jun 30 2020n/an/a

-CA$794k

Mar 31 2020n/an/a

-CA$692k

Dec 31 2019CA$129kCA$120k

-CA$480k

Sep 30 2019n/an/a

-CA$493k

Jun 30 2019n/an/a

-CA$450k

Mar 31 2019n/an/a

-CA$701k

Dec 31 2018CA$180kCA$120k

-CA$227k

Sep 30 2018n/an/a

-CA$273k

Jun 30 2018n/an/a

-CA$258k

Mar 31 2018n/an/a

CA$74k

Dec 31 2017CA$146kCA$120k

-CA$348k

Sep 30 2017n/an/a

-CA$200k

Jun 30 2017n/an/a

-CA$235k

Mar 31 2017n/an/a

-CA$279k

Dec 31 2016CA$139kCA$120k

-CA$258k

Sep 30 2016n/an/a

-CA$258k

Jun 30 2016n/an/a

-CA$28k

Mar 31 2016n/an/a

CA$10k

Dec 31 2015CA$125kCA$120k

-CA$3k

Compensation vs Market: Insufficient data to establish whether Nicole's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Nicole's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: RFR's board of directors are considered experienced (7.8 years average tenure).


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

What is the ownership structure of RFR?
Owner TypeNumber of SharesOwnership Percentage
Private Companies143,6460.05%
Institutions1,848,4850.6%
Individual Insiders2,856,5001.0%
General Public280,342,21498.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.


Top Shareholders

Top 5 shareholders own 1.7% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
0.87%
Nicole Brewster
2,488,500CA$74.7k0%no data
0.65%
Marquest Asset Management Inc.
1,848,485CA$55.5k0%0.26%
0.081%
Kurt Breede
230,000CA$6.9k0%no data
0.05%
Billiken Management Services Inc.
143,646CA$4.3k0%no data
0.048%
Judi Wood
138,000CA$4.1k0%no data

Company Information

Renforth Resources Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Renforth Resources Inc.
  • Ticker: RFR
  • Exchange: CNSX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$8.556m
  • Shares outstanding: 285.19m
  • Website: https://www.renforthresources.com

Location

  • Renforth Resources Inc.
  • Unit 1B 955 Brock Road
  • Pickering
  • Ontario
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RFRCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2015
RFHR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2015
9RRDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2015

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.