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Cicada Ventures

TSXV:CID
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CID
TSXV
CA$3M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Cicada Ventures Ltd. engages in the exploration and evaluation of mineral properties in Canada. The last earnings update was 90 days ago. More info.


Add to Portfolio Compare Print
  • Cicada Ventures has significant price volatility in the past 3 months.
CID Share Price and Events
7 Day Returns
0%
TSXV:CID
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-33.3%
TSXV:CID
-5.9%
CA Metals and Mining
0.7%
CA Market
CID Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cicada Ventures (CID) 0% 0% - -33.3% - 100%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • CID underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • CID underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
CID
Industry
5yr Volatility vs Market

CID Value

 Is Cicada Ventures undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.

In this section, we usually try to help investors determine whether Cicada Ventures is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Cicada Ventures 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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Cicada Ventures. This is due to cash flow or dividend data being unavailable. The share price is CA$0.01.
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 Cicada Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cicada Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CID PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$0.00
TSXV:CID Share Price ** TSXV (2019-02-13) in CAD CA$0.01
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cicada Ventures.

TSXV:CID PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CID Share Price ÷ EPS (both in CAD)

= 0.01 ÷ 0.00

-5.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cicada Ventures is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Cicada Ventures is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Cicada Ventures's expected growth come at a high price?
Raw Data
TSXV:CID PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Cicada Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cicada Ventures's assets?
Raw Data
TSXV:CID PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:CID Share Price * TSXV (2019-02-13) in CAD CA$0.01
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:CID PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CID Share Price ÷ Book Value per Share (both in CAD)

= 0.01 ÷ -0.01

-1.42x

* Primary Listing of Cicada Ventures.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cicada Ventures has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of CID’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.
  2. 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 Cicada Ventures's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Cicada Ventures's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Cicada Ventures has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CID Future Performance

 How is Cicada Ventures expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Cicada Ventures 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 growth 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 it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cicada Ventures expected to grow at an attractive rate?
  • Unable to compare Cicada Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cicada Ventures's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Cicada Ventures's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CID Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CID Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CID Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0
2016-10-31 0 0
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cicada Ventures is high growth as no earnings estimate data is available.
  • Unable to determine if Cicada Ventures 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.
Raw Data
TSXV:CID Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Cicada Ventures Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CID Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 0.00
2018-01-31 0.00
2017-10-31 0.00
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.00
2016-04-30 0.00
2016-01-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cicada Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CID’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.
  2. Cicada Ventures's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Cicada Ventures's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Cicada Ventures's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cicada Ventures has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CID Past Performance

  How has Cicada Ventures performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cicada Ventures's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cicada Ventures does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Cicada Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cicada Ventures's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Cicada Ventures's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cicada Ventures Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CID Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -0.50 0.21
2018-07-31 -0.49 0.22
2018-04-30 -0.47 0.21
2018-01-31 -0.45 0.21
2017-10-31 -0.45 0.21
2017-07-31 -0.44 0.22
2017-04-30 -0.42 0.22
2017-01-31 -0.41 0.23
2016-10-31 -0.40 0.23
2016-07-31 -0.39 0.22
2016-04-30 -0.38 0.22
2016-01-31 -0.36 0.22
2015-10-31 -0.34 0.22
2015-07-31 -0.32 0.22
2015-04-30 -0.31 0.22
2015-01-31 -0.31 0.22
2014-10-31 -0.31 0.24
2014-07-31 -0.33 0.24
2014-04-30 -0.34 0.24
2014-01-31 -0.35 0.24
2013-10-31 -0.35 0.24
2013-07-31 -0.36 0.24
2013-04-30 -0.36 0.24
2013-01-31 -0.35 0.24
2012-10-31 -0.37 0.23
2012-07-31 -0.33 0.23
2012-04-30 -0.31 0.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Cicada Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Cicada Ventures has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cicada Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Cicada Ventures's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Cicada Ventures 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.

Full details on the Past part of the Simply Wall St company analysis model.

CID Health

 How is Cicada Ventures's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cicada Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cicada Ventures's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cicada Ventures has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cicada Ventures'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Cicada Ventures has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Cicada Ventures Company Filings, last reported 4 months ago.

TSXV:CID Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 -2.03 0.00 0.00
2018-07-31 -1.90 0.00 0.03
2018-04-30 -1.77 0.00 0.03
2018-01-31 -1.65 1.53 0.03
2017-10-31 -1.53 0.00 0.01
2017-07-31 -1.42 0.00 0.03
2017-04-30 -1.31 0.00 0.04
2017-01-31 -1.20 1.10 0.03
2016-10-31 -1.08 0.00 0.00
2016-07-31 -0.97 0.00 0.00
2016-04-30 -0.88 0.00 0.00
2016-01-31 -0.78 0.00 0.00
2015-10-31 -0.68 0.00 0.00
2015-07-31 -0.59 0.00 0.00
2015-04-30 -0.50 0.00 0.00
2015-01-31 -0.42 0.00 0.01
2014-10-31 -0.52 0.12 0.00
2014-07-31 -0.33 0.02 0.00
2014-04-30 -0.19 0.00 0.00
2014-01-31 -0.11 0.00 0.01
2013-10-31 -0.03 0.02 0.35
2013-07-31 -0.35 0.02 0.02
2013-04-30 -0.27 0.00 0.01
2013-01-31 -0.19 0.06 0.30
2012-10-31 -0.57 0.13 0.77
2012-07-31 -0.46 0.07 0.00
2012-04-30 -0.37 0.07 0.01
  • Cicada Ventures has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Cicada Ventures's debt level has increased considering it has negative shareholder equity.
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.

  • Cicada Ventures has less than a year of cash runway based on current free cash flow.
  • Cicada Ventures has less than a year of cash runway if free cash flow continues to grow at historical rates of 82.1% each year.
X
Financial health checks
We assess Cicada Ventures's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cicada Ventures has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CID Dividends

 What is Cicada Ventures's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Cicada Ventures dividends.
If you bought CA$2,000 of Cicada Ventures shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Cicada Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cicada Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CID Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Cicada Ventures has not reported any payouts.
  • Unable to verify if Cicada Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cicada Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cicada Ventures has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Cicada Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cicada Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cicada Ventures has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CID Management

 What is the CEO of Cicada Ventures's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Sammy Cheng
COMPENSATION CA$2,250
CEO Bio

Mr. Sammy Cheng serves as the Chief Executive Officer and President of Cicada Ventures Ltd. Mr. Cheng serves as the President and Chief Executive Officer of Balto Resources Ltd. He served as the Chief Financial Officer of Emperor Minerals Ltd. from February 12, 2012 to April 12, 2012; Cicada Ventures Ltd from August 2006 to July 2009 and Balto Resources Ltd from September 2005 to October 2009. He has been employed as a financial accountant at Emperor Minerals Ltd. since 1996 and his main responsibilities have been to prepare quarterly and annual financial statements for reporting issuers. During this period, Mr. Cheng was also responsible for the financial affairs of various private companies. He is a Business Man. He has been a Director of Cicada Ventures Ltd., since August 2005 and Balto Resources Ltd., since August 2002. From 1989 to 1996, he was employed as a Housing Officer for the Government of Hong Kong. His responsibilities included the management of real estate projects, residential tenancies and commercial tenancies. He is a corporate member of the Chartered Institute of Housing (United Kingdom) from 1996. Mr. Cheng received a Diploma in Housing Management from the University of Hong Kong in 1996.

CEO Compensation
  • Sammy's compensation has been consistent with company performance over the past year.
  • Sammy's remuneration is lower than average for companies of similar size in Canada.
Management Team

Sammy Cheng

TITLE
President
COMPENSATION
CA$2K

Danielle Alleyn

TITLE
Chief Financial Officer
COMPENSATION
CA$750
Board of Directors Tenure

Average tenure of the Cicada Ventures board of directors in years:

13.6
Average Tenure
  • The average tenure for the Cicada Ventures board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sammy Cheng

TITLE
President
COMPENSATION
CA$2K
TENURE
13.6 yrs

Hayden Ross

TITLE
Director
TENURE
16.4 yrs

Elvis Glazier

TITLE
Director
TENURE
13.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Cicada Ventures's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cicada Ventures has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CID News

Simply Wall St News

Who Are The Major Shareholders Of Cicada Ventures Ltd (CVE:CID)?

In this article, I'm going to take a look at Cicada Ventures Ltd’s (CVE:CID) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure of a company has been found to affect share performance over time. … Check out our latest analysis for Cicada Ventures

Simply Wall St -

Is Cicada Ventures Ltd's (TSXV:CID) CEO Paid Enough To Stay Motivated?

Leading Cicada Ventures Ltd (TSXV:CID) as the CEO, Sammy Cheng took the company to a valuation of CADCA$4.32M. … Profitability of a company is a strong indication of CID's ability to generate returns on shareholders' funds through corporate activities. … Typically I would use earnings and market cap to account for variations in performance, however, CID's negative earnings lower the effectiveness of this method.

Simply Wall St -

What’s Installed For Cicada Ventures Ltd (TSXV:CID)?

TSXV:CID PE PEG Gauge Nov 8th 17 The metals and mining industry is trading at a PE ratio of 11x, lower than the rest of the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of CID, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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CID Company Info

Description

Cicada Ventures Ltd. engages in the exploration and evaluation of mineral properties in Canada. It holds a 100% working interest in the Iron Mask Property consisting of 10 mineral claims located in the Kamloops Mining Division, British Columbia. The company was incorporated in 1980 and is based in Vancouver, Canada.

Details
Name: Cicada Ventures Ltd.
CID
Exchange: TSXV
Founded: 1980
CA$2,882,627
288,262,772
Website: http://
Address: Cicada Ventures Ltd.
850 West Hastings Street,
Suite 401,
Vancouver,
British Columbia, V6C 1E1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CID Common Shares TSX Venture Exchange CA CAD 25. Apr 1997
DB 37L Common Shares Deutsche Boerse AG DE EUR 25. Apr 1997
Number of employees
Current staff
Staff numbers
0
Cicada Ventures employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:18
End of day share price update: 2019/02/13 00:00
Last earnings filing: 2018/12/21
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.