Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Rockex Mining. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Rockex Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Rockex Mining 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Rockex Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Rockex Mining's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Rockex Mining's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Rockex Mining is high growth as no earnings estimate data is available.
Unable to determine if Rockex Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Rockex Mining's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Pierre Gagne has been the Chief Executive Officer of Rockex Mining Corporation since October 1, 2016 and serves as its Secretary. Mr. Gagne serves as President of Pierre GagnDe Contracting, Ltd. Mr. Gagne is the Owner of a Heavy Civil Construction Company located in Thunder Bay, Ontario. He served as Consultant and Member of The Geological Advisory Council at Carlisle Goldfields Limited since November 22, 2011. He was the Chief Operating Officer of Rockex Mining Corporation since January 01, 2011 until 2016 and served as its President since October 1, 2016 until 2018. He served as Vice President of Operations at Carlisle Goldfields Limited until November 22, 2011. He has 20 years of experience of Mineral exploration and Mine Development. He has worked with several junior mining companies through his construction company. He has been the Chairman and Director of Rockex Mining Corporation since January 1, 2011. He has been an Independent Director of MetalCorp Limited since May 2004. He serves as a Director of Enviropave International Ltd.
Pierre's compensation has been consistent with company performance over the past year.
Pierre's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Rockex Mining management team is about average.
Chairman of the Board
President & Director
VP of Finance & CFO
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Rockex Mining board of directors is about average.
What Type Of Shareholder Owns Rockex Mining Corporation's (CNSX:RXM)?
If you want to know who really controls Rockex Mining Corporation (CNSX:RXM), then you'll have to look at the makeup of its share registry. … With a market capitalization of CA$7.3m, Rockex Mining is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Rockex Mining
Who Are The Top Investors In Rockex Mining Corporation (CNSX:RXM)?
In this article, I will take a quick look at Rockex Mining Corporation’s (CNSX:RXM) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure of a company has been found to affect share performance over time. … CNSX:RXM Ownership Summary August 23rd 18
Rockex Mining Corporation, an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada. It holds a 100% interest in the Western Lake St. Joseph iron ore project with 216 contiguous mining claims covering an area of approximately 3,890 hectares located in the Patricia Mining Division of Ontario. The company also holds a 100% interest in the East Soules Bay, a property consisting of 35 contiguous mining claims covering 602 hectares area, and a non-contiguous mining block of claims covering 410 hectares area; and the Root Lake project, which consists of 80 contiguous claims covering 1,376 hectares area situated near the Western Lake St. Joseph. In addition, it holds an interest in the North Spirit Lake property located in the Buckett Lake and Hewett Lake Townships in Ontario. The company is based in Thunder Bay, Canada.
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