Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Canada Cobalt Works. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Canada Cobalt Works's
is considered below, and whether this is a fair price.
Price based on past earnings
Canada Cobalt Works's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Canada Cobalt Works 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Canada Cobalt Works
expected to grow at an
Unable to compare Canada Cobalt Works's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Canada Cobalt Works's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Canada Cobalt Works's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Canada Cobalt Works is high growth as no earnings estimate data is available.
Unable to determine if Canada Cobalt Works is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Canada Cobalt Works's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Canada Cobalt Works
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Canada Cobalt Works's finances.
The net worth of a company is the difference between its assets and liabilities.
Canada Cobalt Works is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Canada Cobalt Works has no long term commitments.
This treemap shows a more detailed breakdown of
Canada Cobalt Works's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Canada Cobalt Works has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Frank Joseph Basa, P.Eng., has been the Chief Executive Officer and President of Takara Resources Inc. since September 15, 2015. Mr. Basa serves as the Chief Executive Officer and President of Castle Silver Mines Inc. He has been the Chairman, Chief Executive Officer of Granada Gold Mine Inc. (formerly Gold Bullion Development Corp.) since June 18, 2004 He also served as a President since June 18, 2004 until February 12, 2019. He serves as the President of Grupo Moje Ltd and Mineral Recovery Management Services Corp. He has over 28 years global experience in gold mining & development, finance and mineral industries as a Professional Hydrometallurgical Engineer with a focus in milling, gravity concentration, flotation, leaching and refining of precious and base metals. Mr. Basa served as the Chief Executive Officer and President of Orla Mining Ltd. (formerly Red Mile Minerals Corp) from July 16, 2014 to August 18, 2014. He served as a Vice-President of Exploration at Gold Bullion Development Corp. He has been a Director of Takara Resources Inc. since September 15, 2015. He has been a Director of Granada Gold Mine Inc. since June 10, 2004 and Castle Silver Mines Inc., since 2011. He served as a Director of Orla Mining Ltd. since July 16, 2014 until August 18, 2014. He served as a Director of Excel Gold Mining Inc. from September 2010 to December 15, 2010. He has been a Member of the Professional Engineers of Ontario since 1987. Mr. Basa is a graduate in metallurgical engineering in 1982 and a graduate in B A in Engineering from McGill University in 1983.
Frank's compensation has increased whilst company is loss making.
Frank's remuneration is about average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Canada Cobalt Works
management team in years:
The tenure for the Canada Cobalt Works management team is about average.
Chief Financial Officer
Vice President of Exploration
Board of Directors Tenure
Average tenure of the
Canada Cobalt Works
board of directors in years:
The tenure for the Canada Cobalt Works board of directors is about average.
The Canada Cobalt Works (CVE:CCW) Share Price Gained 1143% And Shareholders Are Jubilant
For example, investors may be hoping that Canada Cobalt Works finds some valuable resources, before it runs out of money. … Canada Cobalt Works has already given some investors a taste of the sweet gains that high risk investing can generate, if your timing is right. … Given how low on cash the it got, investors must really like its potential for the share price to be up 132% per year, over 3 years.
Canada Cobalt Works Inc. (CVE:CCW) Insiders Have Been Selling
Canada Cobalt Works Insider Transactions Over The Last Year. … In total, Canada Cobalt Works insiders sold more than they bought over the last year. … It is certainly not great to see that insiders have sold shares in the company
Canada Cobalt Works Inc (CVE:CCW): What Does Its Beta Value Mean For Your Portfolio?
Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.
Before You Buy Canada Cobalt Works Inc's (CVE:CCW), Consider This
Broadly speaking, there are two types of risk you should consider when investing in stocks such as CCW. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.
Canada Cobalt Works Inc. engages in the acquisition, evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for silver and cobalt deposits. It focuses on exploring and developing the Castle mine near Gowganda; and the Beaver and Violet mines near Cobalt. The company was formerly known as Castle Silver Resources Inc. and changed its name to Canada Cobalt Works Inc. in February 2018. Canada Cobalt Works Inc. was incorporated in 2005 and is headquartered in Coquitlam, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.