TSXV:CMD

Stock Analysis Report

Commander Resources

Executive Summary

Commander Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of base and precious metal projects in Canada and Mexico.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

6.7%

CMD

-2.7%

CA Metals and Mining

-0.1%

CA Market


1 Year Return

-30.4%

CMD

11.4%

CA Metals and Mining

0.9%

CA Market

Return vs Industry: CMD underperformed the Canadian Metals and Mining industry which returned 11.4% over the past year.

Return vs Market: CMD underperformed the Canadian Market which returned 0.9% over the past year.


Shareholder returns

CMDIndustryMarket
7 Day6.7%-2.7%-0.1%
30 Day6.7%-2.9%-2.1%
90 Day0%-0.2%-1.6%
1 Year-30.4%-30.4%12.3%11.4%4.4%0.9%
3 Year-60.0%-60.0%-7.1%-8.8%15.5%5.2%
5 Year-46.7%-46.7%4.6%0.7%25.7%7.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.04x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CMD is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

44.6%

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 Commander 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 Commander Resources performed over the past 5 years?

36.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CMD is unprofitable, but has reduced losses over the past 5 years at a rate of 36% per year.

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

Earnings vs Industry: CMD 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: CMD has a negative Return on Equity (-36.21%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Commander Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CMD's short term assets (CA$2.4M) exceeds its short term liabilities (CA$64.0K)

Long Term Liabilities: CMD has no long term liabilities


Debt to Equity History and Analysis

Debt Level: CMD is debt free.

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


Balance Sheet

Inventory Level: CMD has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CMD'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: CMD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CMD has sufficient cash runway for 1.361213 years if free cash flow continues to reduce at historical rates of -41.9% each year.


Next Steps

Dividend

What is Commander 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 CMD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

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

4.0yrs

Average management tenure


CEO

Rob Cameron (69yo)

3.6yrs

Tenure

CA$103,583

Compensation

Mr. Robert G. Cameron, also known as Rob, P.Geo., has been President, Chief Executive Officer and Director at Commander Resources Limited. He has been Advisor of Bearing Lithium Corp. since November 2018.  ...


CEO Compensation Analysis

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

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


Management Age and Tenure

4.0yrs

Average Tenure

70.5yo

Average Age

Experienced Management: CMD's management team is considered experienced (4 years average tenure).


Board Age and Tenure

9.3yrs

Average Tenure

69yo

Average Age

Experienced Board: CMD's board of directors are considered experienced (9.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Maynard Brown (72yo)

    Assistant Corporate Secretary

    • Tenure: 0yrs
  • Janice Davies (61yo)

    Corporate Secretary

    • Tenure: 28.1yrs
    • Compensation: CA$42.00k
  • Michael Lee

    Business Advisor

    • Tenure: 0yrs
  • Bernie Kahlert (77yo)

    VP of Corporate Development & Director

    • Tenure: 21.3yrs
    • Compensation: CA$30.00k
  • Rob Cameron (69yo)

    President

    • Tenure: 3.6yrs
    • Compensation: CA$103.58k
  • Patricia Fong

    Chief Financial Officer

    • Tenure: 4yrs
    • Compensation: CA$48.00k
  • Stephen Wetherup

    Vice President of Exploration

    • Tenure: 3.3yrs
    • Compensation: CA$57.83k

Board Members

  • Dave Watkins (74yo)

    Non-Executive Chairman

    • Tenure: 10.4yrs
    • Compensation: CA$20.34k
  • Bernie Kahlert (77yo)

    VP of Corporate Development & Director

    • Tenure: 21.3yrs
    • Compensation: CA$30.00k
  • Eric Norton (66yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: CA$269.88k
  • Rob Cameron (69yo)

    President

    • Tenure: 3.6yrs
    • Compensation: CA$103.58k
  • Brandon MacDonald (41yo)

    Director

    • Tenure: 3.3yrs

Company Information

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


Key Information

  • Name: Commander Resources Ltd.
  • Ticker: CMD
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.852m
  • Shares outstanding: 35.65m
  • Website: https://www.commanderresources.com

Location

  • Commander Resources Ltd.
  • 1111 Melville Street
  • Suite 1100
  • Vancouver
  • British Columbia
  • V6E 3V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMDTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 1990
GW5ADB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1990
CMDR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1990

Biography

Commander Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of base and precious metal projects in Canada and Mexico. The company explores for gold, cop ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:33
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.