TSXV:CBI

Stock Analysis Report

Executive Summary

Colibri Resource Corporation, a mineral exploration company, acquires, explores for, and develops mineral properties in Mexico.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Colibri Resource's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

CBI

3.6%

CA Metals and Mining

1.4%

CA Market


1 Year Return

0%

CBI

-8.7%

CA Metals and Mining

-24.8%

CA Market

Return vs Industry: CBI exceeded the Canadian Metals and Mining industry which returned -8.7% over the past year.

Return vs Market: CBI exceeded the Canadian Market which returned -24.8% over the past year.


Shareholder returns

CBIIndustryMarket
7 Day0%3.6%1.4%
30 Day0%-11.6%-19.2%
90 Day-23.1%-13.2%-24.9%
1 Year0%0%-8.0%-8.7%-22.4%-24.8%
3 Yearn/a-18.0%-19.5%-14.5%-22.4%
5 Yearn/a9.4%6.3%-2.4%-17.0%

Price Volatility Vs. Market

How volatile is Colibri Resource's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Colibri Resource undervalued compared to its fair value and its price relative to the market?

3.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CBI is overvalued based on its PB Ratio (3.9x) compared to the CA Metals and Mining industry average (1.2x).


Next Steps

Future Growth

How is Colibri Resource forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.7%

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 Colibri Resource 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 Colibri Resource performed over the past 5 years?

97.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CBI is currently unprofitable.

Growing Profit Margin: CBI is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: CBI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).


Return on Equity

High ROE: CBI has a negative Return on Equity (-21.01%), as it is currently unprofitable.


Next Steps

Financial Health

How is Colibri Resource's financial position?


Financial Position Analysis

Short Term Liabilities: CBI's short term assets (CA$720.3K) do not cover its short term liabilities (CA$976.6K).

Long Term Liabilities: CBI's short term assets (CA$720.3K) exceed its long term liabilities (CA$571.4K).


Debt to Equity History and Analysis

Debt Level: CBI's debt to equity ratio (111%) is considered high.

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


Balance Sheet

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

Debt Coverage by Assets: CBI's debt is not covered by short term assets (assets are 0.7x 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: CBI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CBI has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.


Next Steps

Dividend

What is Colibri Resource's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.8yrs

Average management tenure


CEO

Ron Goguen

2.75s

Tenure

CA$72,000

Compensation

Mr. Ronald J. Goguen, Sr., also known as Ron, has been the Chief Executive Officer, President and Director of Silver Spruce Resources Inc., since March 1, 2020. Mr. Goguen has been the Chief Executive Offi ...


CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD50.95K) is below average for companies of similar size in the Canadian market ($USD159.20K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Goguen
Chairman2.75yrsCA$72.00k2.1% CA$68.1k
Brian Crawford
CFO & Executive Director0.92yrCA$14.00kno data
Ian McGavney
Chief Operating Officer2.08yrsno data1.21% CA$39.0k

2.8yrs

Average Tenure

Experienced Management: CBI's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Goguen
Chairman2.75yrsCA$72.00k2.1% CA$68.1k
Brian Crawford
CFO & Executive Director0.92yrCA$14.00kno data
Terrence Byberg
Director0.67yrno datano data
Roger Doucet
Independent Director12.42yrsCA$2.50k0.069% CA$2.2k
Paul Bartos
Independent Director8.75yrsCA$2.75kno data
Jacques Monette
Independent Director4.25yrsCA$1.50k0.95% CA$30.8k
William MacDonald
Independent Director4.25yrsCA$2.00k1.21% CA$39.2k

4.3yrs

Average Tenure

70yo

Average Age

Experienced Board: CBI's board of directors are considered experienced (4.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CBI 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 18.3%.


Top Shareholders

Company Information

Colibri Resource Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colibri Resource Corporation
  • Ticker: CBI
  • Exchange: TSXV
  • Founded: 2004
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$3.239m
  • Shares outstanding: 64.78m
  • Website: https://www.colibriresource.com

Location

  • Colibri Resource Corporation
  • 105 Englehart Street
  • Suite 700
  • Dieppe
  • New Brunswick
  • E1A 8K2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBITSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2017
2CO1DB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2017

Biography

Colibri Resource Corporation, a mineral exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, copper, molybdenum, and other metal deposits. Its flagship project is the Pilar gold project that covers an area of 105 hectares located in the State of Sonora, Mexico. The company also holds interest in El Mezquite project, Evelyn project, and Jackie project located in the state of Sonora, Mexico, as well as Sun Property. The company was incorporated in 2004 and is based in Dieppe, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 03:40
End of Day Share Price2020/04/03 00:00
Earnings2019/11/30
Annual Earnings2019/11/30


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.