CNSX:SCV

Stock Analysis Report

Scotch Creek Ventures

Executive Summary

Scotch Creek Ventures Inc. engages in the acquisition and exploration of mineral properties in North America.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Scotch Creek Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SCV

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

n/a

SCV

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: Insufficient data to determine how SCV performed against the Canadian Metals and Mining industry.

Return vs Market: Insufficient data to determine how SCV performed against the Canadian Market.


Shareholder returns

SCVIndustryMarket
7 Day0%3.1%0.6%
30 Day33.3%3.5%1.0%
90 Dayn/a11.9%4.5%
1 Yearn/a5.4%4.7%8.6%5.3%
3 Yearn/a-4.3%-5.9%18.0%7.4%
5 Yearn/a24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

How volatile is Scotch Creek Ventures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Scotch Creek Ventures undervalued compared to its fair value and its price relative to the market?

8.37x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SCV is overvalued based on its PB Ratio (8.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Scotch Creek Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

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 Scotch Creek Ventures 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 Scotch Creek Ventures performed over the past 5 years?

-15.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SCV is currently unprofitable.

Growing Profit Margin: SCV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SCV's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: SCV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).


Return on Equity

High ROE: SCV has a negative Return on Equity (-80.71%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Scotch Creek Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: SCV's short term assets (CA$62.5K) do not cover its short term liabilities (CA$71.7K).

Long Term Liabilities: SCV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SCV's debt to equity ratio (12.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SCV's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: SCV's debt is covered by short term assets (assets are 3.1x 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: SCV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SCV has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.4% each year


Next Steps

Dividend

What is Scotch Creek Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if SCV'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 SCV'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?

3.1yrs

Average board tenure


CEO

Dave Ryan (52yo)

1.8yrs

Tenure

CA$30,000

Compensation

Mr. David K. Ryan, also known as Dave, serves as Director of Intl Battery Metals Ltd. Since August 2019. He has been the Director of Scotch Creek Ventures Inc. since January 2017 and has been its Chief Exe ...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD22.62K) is below average for companies of similar size in the Canadian market ($USD154.33K).

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


Board Members

NamePositionTenureCompensationOwnership
David Ryan
CEO, President & Director1.8yrsCA$30.00k11.1% CA$153.6k
Logan Anderson
CFO, Secretary & Director3.1yrsCA$30.00k10.84% CA$150.0k
Donald Archibald
Independent Director3.1yrsCA$8.00k4.7% CA$65.0k
Bernhard Hoing
Independent Director3.1yrsCA$8.00k0.36% CA$5.0k

3.1yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SCV's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SCV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 49%.


Top Shareholders

Company Information

Scotch Creek Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scotch Creek Ventures Inc.
  • Ticker: SCV
  • Exchange: CNSX
  • Founded: 2017
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.384m
  • Shares outstanding: 13.84m
  • Website: https://null

Location

  • Scotch Creek Ventures Inc.
  • Two Bentall Centre
  • Suite 1085
  • Vancouver
  • British Columbia
  • V7X 1M8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCVCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJan 2019

Biography

Scotch Creek Ventures Inc. engages in the acquisition and exploration of mineral properties in North America. The company holds a 100% interest in the Cupz property comprising 39 unpatented lode mining claims located in Esmerelda County, Nevada. Scotch Creek Ventures Inc. was founded in 2017 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:54
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.