TSXV:CEM

Stock Analysis Report

Constantine Metal Resources

Executive Summary

Constantine Metal Resources Ltd., engages in the exploration, evaluation, and development of mineral properties.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Constantine Metal Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-16.4%

CEM

-1.9%

CA Metals and Mining

0.1%

CA Market


1 Year Return

-51.9%

CEM

11.8%

CA Metals and Mining

1.6%

CA Market

Return vs Industry: CEM underperformed the Canadian Metals and Mining industry which returned 11.8% over the past year.

Return vs Market: CEM underperformed the Canadian Market which returned 1.6% over the past year.


Shareholder returns

CEMIndustryMarket
7 Day-16.4%-1.9%0.1%
30 Day-30.1%-4.7%-2.9%
90 Day-58.9%-5.0%-1.4%
1 Year-20.2%-51.9%12.7%11.8%5.2%1.6%
3 Year11.3%-32.9%-11.3%-13.0%13.8%3.7%
5 Year-18.7%-51.0%6.9%2.8%25.3%7.2%

Price Volatility Vs. Market

How volatile is Constantine Metal Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Constantine Metal Resources undervalued compared to its fair value and its price relative to the market?

0.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate CEM's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate CEM's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: CEM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CEM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CEM is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Constantine Metal Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.4%

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 Constantine Metal Resources 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 Constantine Metal Resources performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CEM is unprofitable, but has reduced losses over the past 5 years at a rate of 8.7% per year.

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

Earnings vs Industry: CEM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: CEM has a negative Return on Equity (-7.14%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: CEM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CEM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Constantine Metal Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CEM's short term assets (CA$2.4M) exceeds its short term liabilities (CA$1.4M)

Long Term Liabilities: CEM has no long term liabilities


Debt to Equity History and Analysis

Debt Level: CEM is debt free.

Reducing Debt: CEM has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CEM's debt is 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: CEM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CEM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.3% each year


Next Steps

Dividend

What is Constantine Metal Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if CEM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CEM'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 CEM'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 Constantine Metal Resources's salary, the management and board of directors tenure and is there insider trading?

13.5yrs

Average management tenure


CEO

James MacVeigh (70yo)

13.8yrs

Tenure

CA$141,000

Compensation

Mr. James Garfield MacVeigh, B.Sc. (Hons.), has been the Chief Executive Officer and President of Constantine Metal Resources Ltd. since May 11, 2006. Mr. Macveigh is a Director of Paragon Minerals Corp. H ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether James's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.


Management Age and Tenure

13.5yrs

Average Tenure

59yo

Average Age

Experienced Management: CEM's management team is seasoned and experienced (13.5 years average tenure).


Board Age and Tenure

13.4yrs

Average Tenure

70yo

Average Age

Experienced Board: CEM's board of directors are seasoned and experienced ( 13.4 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCA$52,00006 Aug 19
John Tognetti
EntityIndividual
Shares102,000
Max PriceCA$0.51
SellCA$7,09508 Feb 19
P. Morfopoulos
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares15,000
Max PriceCA$0.48
SellCA$1,25002 Feb 19
P. Morfopoulos
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares2,500
Max PriceCA$0.50
SellCA$24,50029 Jan 19
Brian Irwin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares50,000
Max PriceCA$0.49
SellCA$21,60028 Jan 19
P. Morfopoulos
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares45,000
Max PriceCA$0.48
SellCA$48,00028 Jan 19
Darwin Green
EntityIndividual
Role
Senior Key Executive
Vice President of Exploration
Shares100,000
Max PriceCA$0.48

Ownership Breakdown


Management Team

  • James MacVeigh (70yo)

    President

    • Tenure: 13.8yrs
    • Compensation: CA$141.00k
  • P. Morfopoulos (59yo)

    CFO & Secretary

    • Tenure: 13.5yrs
    • Compensation: CA$101.68k
  • Naomi Nemeth (59yo)

    Vice President of Investor Relations

    • Tenure: 1.1yrs
  • Darwin Green

    Vice President of Exploration

    • Tenure: 0yrs
    • Compensation: CA$204.75k

Board Members

  • Brian Irwin (79yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: CA$15.00k
  • Kent Livingstone (77yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CA$71.94k
  • David Adamson (60yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: CA$15.00k
  • James MacVeigh (70yo)

    President

    • Tenure: 13.8yrs
    • Compensation: CA$141.00k
  • George McDonald (80yo)

    Director

    • Tenure: 8.1yrs
    • Compensation: CA$18.00k
  • Tara Christie (45yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: CA$15.00k
  • Richard Williams

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$15.00k
  • Stuart Harshaw (52yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$44.46k

Company Information

Constantine Metal Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Constantine Metal Resources Ltd.
  • Ticker: CEM
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$11.565m
  • Shares outstanding: 45.35m
  • Website: https://www.constantinemetals.com

Location

  • Constantine Metal Resources Ltd.
  • 800 West Pender Street
  • Suite 320
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CEMTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2006
3CQADB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2006
CNSN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2006

Biography

Constantine Metal Resources Ltd., engages in the exploration, evaluation, and development of mineral properties. The company primarily explores for copper, zinc, gold, and silver deposits. Its flagship pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:03
End of Day Share Price2019/10/17 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.