Zenith Exploration Inc., a resource exploration company, acquires and explores for mineral properties in Canada. More Details
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Zenith Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZX's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how ZX performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how ZX performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Zenith Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StTrade Alert: Darren Carrigan At Zenith Exploration Inc. (CSE:ZX), Has Just Spent CA$88k Buying A Small Number of Shares
2 weeks ago | Simply Wall StHow Many Zenith Exploration Inc. (CSE:ZX) Shares Did Insiders Buy, In The Last Year?
Is Zenith Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ZX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ZX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ZX is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: ZX 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 ZX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZX is overvalued based on its PB Ratio (25.3x) compared to the CA Metals and Mining industry average (2.8x).
How is Zenith Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Zenith Exploration 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.
- Examine Zenith Exploration's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Zenith Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Zenith Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZX is currently unprofitable.
Growing Profit Margin: ZX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ZX is unprofitable, and losses have increased over the past 5 years at a rate of 74.3% per year.
Accelerating Growth: Unable to compare ZX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).
Return on Equity
High ROE: ZX has a negative Return on Equity (-20.93%), as it is currently unprofitable.
How is Zenith Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: ZX's short term assets (CA$101.9K) exceed its short term liabilities (CA$11.3K).
Long Term Liabilities: ZX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZX is debt free.
Reducing Debt: ZX had no debt 5 years ago.
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: ZX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 70.4% each year
What is Zenith Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZX'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 ZX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZX'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 ZX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Mohammad Shaygan serves as Director and Chief Executive Officer at Zenith Exploration Inc. since October 2020.
|President & Director||3.25yrs||no data||0.44% |
|Director & Interim CFO||3.25yrs||no data||0.75% |
|CEO & Director||no data||no data||25.16% |
|Independent Director||2.5yrs||no data||2.95% |
Experienced Board: ZX's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ZX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 34.7%.
Zenith Exploration Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Zenith Exploration Inc.
- Ticker: ZX
- Exchange: CNSX
- Founded: 2015
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$9.699m
- Shares outstanding: 38.80m
- Zenith Exploration Inc.
- 789 West Pender Street
- Suite 1080
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZX||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Oct 2018|
Zenith Exploration Inc., a resource exploration company, acquires and explores for mineral properties in Canada. It holds a 100% interest in the Scotch Creek property that includes eight mineral claims cov ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 00:58|
|End of Day Share Price||2020/10/22 00:00|
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.