Stornoway Diamond Corporation engages in the mining, acquisition, and exploration of diamond properties in Canada.
+ 2 more risks
Weak fundamentals or lack of information.
Share Price & News
How has Stornoway Diamond's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SWY'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: SWY underperformed the Canadian Metals and Mining industry which returned 26.9% over the past year.
Return vs Market: SWY underperformed the Canadian Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is Stornoway Diamond's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 months ago | Simply Wall StDo Directors Own Stornoway Diamond Corporation (TSE:SWY) Shares?
1 year ago | Simply Wall StWhat Does Stornoway Diamond Corporation's (TSE:SWY) Ownership Structure Look Like?
1 year ago | Simply Wall StIs Stornoway Diamond Corporation (TSE:SWY) Worth CA$0.35 Based On Intrinsic Value?
Is Stornoway Diamond undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Stornoway Diamond is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Stornoway Diamond has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of SWY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Stornoway Diamond regulatory filings.
- Explore potentially undervalued companies in the Materials industry.
How is Stornoway Diamond forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SWY's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if SWY's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SWY's revenue is expected to decline over the next 3 years (-12.8% per year).
High Growth Revenue: SWY's revenue is forecast to decline over the next 3 years (-12.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SWY's Return on Equity is forecast to be high in 3 years time
How has Stornoway Diamond performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SWY is currently unprofitable.
Growing Profit Margin: SWY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SWY is unprofitable, and losses have increased over the past 5 years at a rate of -67.6% per year.
Accelerating Growth: Unable to compare SWY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SWY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).
Return on Equity
High ROE: SWY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Stornoway Diamond's financial position?
Financial Position Analysis
Short Term Liabilities: SWY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SWY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SWY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SWY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: SWY has a high level of physical assets or inventory.
Debt Coverage by Assets: SWY has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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: SWY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SWY has less than a year of cash runway if free cash flow continues to grow at historical rates of 61.7% each year.
What is Stornoway Diamond's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SWY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SWY'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 SWY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SWY'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 SWY'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 management tenure
Pat Godin 0
Mr. Patrick Godin, also known as Pat, B.Sc., M. Eng., Asc., Eng., has been President and Chief Executive Officer of Stornoway Diamond Corporation since January 1, 2019 and served as its Chief Operating Off ...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD520.85K) is above average for companies of similar size in the Canadian market ($USD165.67K).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
|Executive VP of Corporate Development & Legal Affairs and Corporate Secretary||4.8yrs||CA$378.69k||no data|
|Chief Financial Officer||0.4yrs||no data||no data|
|Vice President of Operations||0.7yrs||no data||0.040% CA$7.4k|
|Manager of Investor Relations & Business Development||0yrs||no data||no data|
|Vice President of Human Resources||1.1yrs||no data||0.00063% CA$117.0|
|Vice President of Exploration||13.7yrs||CA$277.25k||0.0032% CA$588.6|
|Technical Advisor||0yrs||no data||no data|
Experienced Management: SWY's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|Chairman||0.3yrs||no data||0.011% CA$2.0k|
|Independent Director||1.3yrs||CA$102.78k||no data|
|Independent Director||6.1yrs||CA$154.00k||0.0046% CA$854.2|
|Independent Director||3.9yrs||CA$145.50k||no data|
|Independent Director||4.9yrs||CA$153.50k||0.0049% CA$900.6|
|Independent Director||0.7yrs||no data||no data|
Experienced Board: SWY's board of directors are considered experienced (3.9 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.7%.
Stornoway Diamond Corporation's company bio, employee growth, exchange listings and data sources
- Name: Stornoway Diamond Corporation
- Ticker: SWY
- Exchange: TSX
- Founded: 1986
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$18.569m
- Shares outstanding: 928.43m
- Website: https://www.stornowaydiamonds.com
Number of Employees
- Stornoway Diamond Corporation
- 1111 St.-Charles Street West
- Suite 400
- J4K 5G4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SWY||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|OXN1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|SWYD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
Stornoway Diamond Corporation engages in the mining, acquisition, and exploration of diamond properties in Canada. Its principal project is the Renard mine located in north-central Quebec. The company was founded in 1986 and is headquartered in Longueuil, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/23 23:42|
|End of Day Share Price||2019/09/06 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.