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
Condor Resources. 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
is considered below, and whether this is a fair price.
Price based on past earnings
Condor Resources'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 Condor 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 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
expected to grow at an
Unable to compare Condor Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Condor Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Condor Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Condor Resources is high growth as no earnings estimate data is available.
Unable to determine if Condor Resources 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.
Condor Resources'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.
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
Condor Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Condor Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Condor Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Condor Resources'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.
High level of physical assets or inventory.
Condor Resources 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. Lyle Davis, P.Eng. (Alberta), MBA, has been the Chief Executive Officer of Condor Resources Inc. since July 09, 2013 and has been its President since October 02, 2013. Mr. Davis serves as a Principal of Ellardee Group Capital Inc. He founded Ellardee Group Capital Inc. in 1999 to provide corporate finance, advisory and management services of public companies and which has a number of private company clients as well. He served in the corporate finance divisions of Ernst & Young and C.M. Oliver and Company, both in Vancouver. He served approximately ten years with the Vancouver Stock Exchange, in their corporate finance division and their trading operations department. He has extensive experience in the corporate finance, advisory and management services of public companies. Mr. Davis has been Non Executive Chairman of Hard Creek Nickel Corp. since July 7, 2008 and has been its Independent Director since November 2003. He had been an Independent Director of Claren Energy Corp. (formerly known as Terra Nova Energy Ltd.) since February 18, 2014. He has been a Director of Condor Resources Inc. since February 2, 2004. He serves as Director of Earl Resources Ltd. He has been a guest lecturer of UBC on the application of option pricing theory to business valuation. He is a Member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta. Mr. Davis holds a Bachelor of Applied Science from Queen’s University and an MBA with a finance major from the University of B.C.
Lyle's compensation has increased whilst company is loss making.
Lyle's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Condor Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Chief Financial Officer
Corporate Secretary and Director
Vice President of Exploration
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Condor Resources board of directors is about average.
Some Condor Resources (CVE:CN) Shareholders Are Down 44%
(CVE:CN) share price is down 44% in the last year. … With zero revenue generated over twelve months, we Condor Resources has proved its business plan yet. … It seems likely some shareholders believe that Condor Resources will find or develop a valuable new mine before too long.
Could The Condor Resources Inc (CVE:CN) Ownership Structure Tell Us Something Useful?
If you want to know who really controls Condor Resources Inc (CVE:CN), then you'll have to look at the makeup of its share registry. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Condor Resources is a smaller company with a market capitalization of CA$7m, so it may still be flying under the radar of many institutional investors.
Should You Be Concerned About Condor Resources Inc's (CVE:CN) Shareholders?
In this analysis, my focus will be on developing a perspective on Condor Resources Inc’s (CVE:CN) latest ownership structure, a less discussed, but important factor. … The impact of a company's ownership structure affects both its short- and long-term performance. … View out our latest analysis for Condor Resources
Condor Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Peru. It explores for gold, and other precious and base metals, as well as silver, copper, lead, and zinc deposits. The company’s portfolio includes 11 projects, such as Chavin, Soledad, Quriurqu, Huiñac Punta, Ocros, Pucamayo, Humaya, Andrea, San Martin, Lucero, and Quilisane. Condor Resources Inc. was incorporated in 2003 and is headquartered in Vancouver, Canada.
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