CNSX:SX

Stock Analysis Report

St-Georges Eco-Mining

Executive Summary

St-Georges Eco-Mining Corp. engages in the exploration and evaluation of mineral properties in Canada and Iceland.

Risk Analysis

Earnings have declined by -33.8% per year over past 5 years

Does not have a meaningful market cap (CA$10M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year



Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has St-Georges Eco-Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

15.4%

SX

-0.9%

CA Metals and Mining

-0.08%

CA Market


1 Year Return

15.4%

SX

21.9%

CA Metals and Mining

10.8%

CA Market

Return vs Industry: SX underperformed the Canadian Metals and Mining industry which returned 21.9% over the past year.

Return vs Market: SX exceeded the Canadian Market which returned 10.8% over the past year.


Shareholder returns

SXIndustryMarket
7 Day15.4%-0.9%-0.08%
30 Day7.1%2.5%0.01%
90 Day-11.8%-1.2%1.2%
1 Year15.4%15.4%22.9%21.9%14.4%10.8%
3 Year275.0%275.0%4.6%2.7%15.0%4.6%
5 Yearn/a40.1%35.8%40.1%19.4%

Price Volatility Vs. Market

How volatile is St-Georges Eco-Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is St-Georges Eco-Mining undervalued compared to its fair value and its price relative to the market?

7.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SX (CA$0.08) is trading above our estimate of fair value (CA$0.07)

Significantly Below Fair Value: SX is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SX is overvalued based on its PB Ratio (7.7x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is St-Georges Eco-Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

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 St-Georges Eco-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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has St-Georges Eco-Mining performed over the past 5 years?

-33.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SX is currently unprofitable.

Growing Profit Margin: SX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SX is unprofitable, and losses have increased over the past 5 years at a rate of -33.8% per year.

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

Earnings vs Industry: SX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (4.1%).


Return on Equity

High ROE: SX has a negative Return on Equity (-4.58%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is St-Georges Eco-Mining's financial position?


Financial Position Analysis

Short Term Liabilities: SX's short term assets (CA$1.3M) do not cover its short term liabilities (CA$2.0M).

Long Term Liabilities: SX's short term assets (CA$1.3M) do not cover its long term liabilities (CA$5.5M).


Debt to Equity History and Analysis

Debt Level: SX's debt to equity ratio (372.3%) is considered high.

Reducing Debt: SX's debt to equity ratio has increased from 22.6% to 372.3% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: SX's debt is not covered by short term assets (assets are 0.3x 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: Whilst unprofitable SX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -55.2% per year.


Next Steps

Dividend

What is St-Georges Eco-Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if SX'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 SX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of St-Georges Eco-Mining's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Villi Vilhjalmsson 0

1.3yrs

Tenure

CA$30,000

Compensation

Mr. Vilhjalmur Thor Vilhjalmsson, also known as Villi, serves as Chief Executive Officer at BWA Group plc since October 1, 2019. and served as Director at BWA Group plc since October 1, 2019 until November ...


CEO Compensation Analysis

Compensation vs Market: Villi's total compensation ($USD22.68K) is below average for companies of similar size in the Canadian market ($USD136.07K).

Compensation vs Earnings: Insufficient data to compare Villi's compensation with company performance.


Management Age and Tenure

4.6yrs

Average Tenure

Experienced Management: SX's management team is considered experienced (4.6 years average tenure).


Board Age and Tenure

5.1yrs

Average Tenure

57yo

Average Age

Experienced Board: SX's board of directors are considered experienced (5.1 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCA$20,00006 Dec 19
Vilhjalmur Vilhjalmsson
EntityIndividual
Role
Chief Executive Officer
President
Shares200,000
Max PriceCA$0.10
BuyCA$10,00006 Dec 19
Mark Billings
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares100,000
Max PriceCA$0.10
BuyCA$19,01001 Nov 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares250,000
Max PriceCA$0.08
BuyCA$5,25011 Oct 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares75,000
Max PriceCA$0.07
BuyCA$3,50010 Oct 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares50,000
Max PriceCA$0.07
BuyCA$6,30509 Oct 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares97,000
Max PriceCA$0.065
BuyCA$45528 Sep 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares7,000
Max PriceCA$0.065
BuyCA$8,04116 Sep 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares100,000
Max PriceCA$0.08
BuyCA$4,24011 Sep 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares50,000
Max PriceCA$0.085
BuyCA$7,50028 Aug 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares100,000
Max PriceCA$0.075
BuyCA$6,60016 Jul 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares60,000
Max PriceCA$0.11
BuyCA$4,05027 Jun 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares30,000
Max PriceCA$0.14
BuyCA$15,96224 Jun 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares140,000
Max PriceCA$0.12
BuyCA$6,75031 May 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares75,000
Max PriceCA$0.09
BuyCA$23,60427 May 19
Mark Billings
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares314,712
Max PriceCA$0.075
BuyCA$6,00001 Feb 19
M. Dumas
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares50,000
Max PriceCA$0.12

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.8%.


Management Team

  • François de Beaulieu

    Special Consultant

    • Tenure: 0yrs
  • Joel Scodnick

    Vice President of Exploration

    • Tenure: 6.4yrs
  • Frank Dumas

    COO & Director

    • Tenure: 10yrs
    • Compensation: CA$530.25k
  • Enrico Di Cesare (52yo)

    VP of Research & Development and Director

    • Tenure: 4.3yrs
    • Compensation: CA$100.00k
  • Neha Tally

    Corporate Secretary

    • Tenure: 0yrs
  • Rick Barnett

    Chief Financial Officer

    • Tenure: 4.6yrs
    • Compensation: CA$40.00k
  • Villi Vilhjalmsson

    President

    • Tenure: 1.3yrs
    • Compensation: CA$30.00k
  • Kristin Olafsdottir

    Chief Executive Officer of Iceland Resources

    • Tenure: 0yrs

Board Members

  • Herb Duerr (66yo)

    Independent Director

    • Tenure: 7yrs
    • Compensation: CA$30.00k
  • Mark Billings (49yo)

    Chairman of the Board

    • Tenure: 5.9yrs
    • Compensation: CA$100.00k
  • Frank Dumas

    COO & Director

    • Tenure: 10yrs
    • Compensation: CA$530.25k
  • Gary Johnson (62yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: CA$30.00k
  • Enrico Di Cesare (52yo)

    VP of Research & Development and Director

    • Tenure: 4.3yrs
    • Compensation: CA$100.00k
  • Villi Vilhjalmsson

    President

    • Tenure: 1.3yrs
    • Compensation: CA$30.00k

Company Information

St-Georges Eco-Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: St-Georges Eco-Mining Corp.
  • Ticker: SX
  • Exchange: CNSX
  • Founded: 2002
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$9.754m
  • Shares outstanding: 130.06m
  • Website: https://st-georgescorp.com

Location

  • St-Georges Eco-Mining Corp.
  • 230 Rue Notre-Dame West
  • Montreal
  • Quebec
  • H2Y 1T3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SXOO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2011
SXCNSX (Canadian National Stock Exchange)YesCommon SharesCACADDec 2011
85G1DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2011

Biography

St-Georges Eco-Mining Corp. engages in the exploration and evaluation of mineral properties in Canada and Iceland. The company primarily explores for gold, nickel, lithium, and base and energy metals, as w ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/10 00:33
End of Day Share Price2019/12/09 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.