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CMB

CMC Metals TSXV:CMB Stock Report

Last Price

CA$0.15

Market Cap

CA$22.6m

7D

-3.2%

1Y

11.1%

Updated

03 Jul, 2022

Data

Company Financials
CMB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CMB Stock Overview

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States.

CMC Metals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CMC Metals
Historical stock prices
Current Share PriceCA$0.15
52 Week HighCA$0.25
52 Week LowCA$0.075
Beta1.45
1 Month Change-14.29%
3 Month Change-31.82%
1 Year Change11.11%
3 Year Change150.00%
5 Year Change-33.33%
Change since IPO-98.70%

Recent News & Updates

Shareholder Returns

CMBCA Metals and MiningCA Market
7D-3.2%-5.8%-0.8%
1Y11.1%-18.2%-5.0%

Return vs Industry: CMB exceeded the Canadian Metals and Mining industry which returned -18.2% over the past year.

Return vs Market: CMB exceeded the Canadian Market which returned -5% over the past year.

Price Volatility

Is CMB's price volatile compared to industry and market?
CMB volatility
CMB Average Weekly Movement17.2%
Metals and Mining Industry Average Movement11.0%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market4.4%

Stable Share Price: CMB is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: CMB's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1996n/aKevin Brewerhttps://cmcmetals.ca

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 contiguous full and partial mineral claims covering an area of 2,200 hectares located in the Watson Lake Mining District, Yukon Territories; and Logjam property, which comprises 32 claims covering an area of 632 hectares located in south-central Yukon.

CMC Metals Fundamentals Summary

How do CMC Metals's earnings and revenue compare to its market cap?
CMB fundamental statistics
Market CapCA$22.58m
Earnings (TTM)-CA$3.34m
Revenue (TTM)n/a

0.0x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMB income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$3.34m
Earnings-CA$3.34m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio342.3%

How did CMB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CMB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CMB?

Other financial metrics that can be useful for relative valuation.

CMB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-7.3x
PEG Ration/a

Price to Book Ratio vs Peers

How does CMB's PB Ratio compare to its peers?

CMB PB Ratio vs Peers
The above table shows the PB ratio for CMB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average6.8x
VML Viscount Mining
3xn/aCA$22.0m
DMI Diamcor Mining
19.1xn/aCA$21.7m
GRSL GR Silver Mining
1.5x52.4%CA$21.0m
FRED Fredonia Mining
3.8xn/aCA$24.6m
CMB CMC Metals
147.1xn/aCA$22.6m

Price-To-Book vs Peers: CMB is expensive based on its Price-To-Book Ratio (147.1x) compared to the peer average (6.8x).


Price to Earnings Ratio vs Industry

How does CMB's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: CMB is expensive based on its Price-To-Book Ratio (147.1x) compared to the Canadian Metals and Mining industry average (1.6x)


Price to Book Ratio vs Fair Ratio

What is CMB's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CMB PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio147.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CMB's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CMB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CMB's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CMB's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.3%

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 CMC Metals 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.


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  • Examine CMC Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • CMC Metals competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has CMC Metals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CMB is currently unprofitable.

Growing Profit Margin: CMB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CMB is unprofitable, and losses have increased over the past 5 years at a rate of 27.9% per year.

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

Earnings vs Industry: CMB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-6%).


Return on Equity

High ROE: CMB has a negative Return on Equity (-2157.14%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is CMC Metals's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CMB's short term assets (CA$899.1K) exceed its short term liabilities (CA$723.4K).

Long Term Liabilities: CMB's short term assets (CA$899.1K) exceed its long term liabilities (CA$418.4K).


Debt to Equity History and Analysis

Debt Level: CMB has more cash than its total debt.

Reducing Debt: CMB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


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: CMB has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CMB is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


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Dividend

What is CMC Metals's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CMB's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CMB has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Kevin Brewer

3.33yrs

Tenure

CA$252,029

Compensation

Mr. Kevin Brewer, P.Geo., MBA, B.Sc., (Hons), Dip. Eng., serves as President and Chief Executive Officer of CMC Metals Limited since March 2019 and has been its Director since July 19, 2018. Mr. Brewer was...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD195.14K) is about average for companies of similar size in the Canadian market ($USD191.60K).

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


Leadership Team

Experienced Management: CMB's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: CMB's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CMB 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 substantially diluted in the past year, with total shares outstanding growing by 70.2%.


Top Shareholders

Company Information

CMC Metals Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: CMC Metals Ltd.
  • Ticker: CMB
  • Exchange: TSXV
  • Founded: 1996
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Implied Market Cap: CA$22.578m
  • Shares outstanding: 150.52m
  • Website: https://cmcmetals.ca

Location

  • CMC Metals Ltd.
  • 800 West Pender Street
  • Suite 615
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.