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
Comstock Metals. 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
Comstock Metals'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 Comstock 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 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 Comstock Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Comstock Metals's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Comstock Metals's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Comstock Metals is high growth as no earnings estimate data is available.
Unable to determine if Comstock Metals 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.
Comstock Metals'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.
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. Steven Harold Goldman, also known as Steve, is the President and Chief Executive Officer at Comstock Metals Limited and was its Interim President and Chief Executive Officer since may 15, 2018. Mr. Goldman has been an Member of Corporate Advisory Board of E3 Metals Corp. since August 2018. He serves as Member of Corporate Advisory Board at 1975293 Alberta Ltd. He has been a Director of Select Sands Corporation since February 23, 2018. Mr. Goldman graduated from Carleton University in 1976 (B.A., President’s Medal) and from Queen’s University in 1980 (J.D.). He was called to the Bar in Ontario in 1982. He is a senior partner in the Toronto law firm of Goldman Hine LLP and the author of numerous articles concerning various aspects of franchising and insolvency law, commercial litigation, oppression remedies, shareholder and partnership disputes. He is also a frequent lecturer in those areas. He also provides strategic advice to businesses facing major litigation and insolvency issues. He has been listed in the Canadian Legal Lexpert Directory as a leading litigation practitioner in franchising law in the Greater Toronto Area for more than 10 years, and has been listed previously in the Best Lawyers in Canada. He also acts as a mediator and arbitrator in franchise and commercial disputes. From December 2007 until December 2009, he was the President and CEO of both Speedy Corporation and Minute Corporation and successfully led the restructuring and turnaround of both the Speedy Auto Service and Minute Muffler franchise systems. He is a member of the Executive of the Ontario Bar Association Franchise Section, member of the Law Society of Upper Canada, the American Bar Association Forum on Franchising, and the Institute of Corporate Directors. He was co-chair of the 12th Annual Ontario Bar Association Franchise Law Conference held in November 2012 in Toronto. He has been a Director of Comstock Metals Limited since February 1, 2016. He is a former Director of Tribute Pharmaceuticals Inc., recently merged with Pozen Corp. in February 2016, now known as Aralez Pharmaceutical, listed on the Nasdaq Exchange (symbol: ARLZ). He is a former director of Centric Health Corp. (formerly known as Alegro Health), the Canadian Children’s Opera Chorus and Fiber Connections Inc.
Steve's compensation has been consistent with company performance over the past year.
Steve's remuneration is lower than average for companies of similar size in Canada.
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Comstock Metals board of directors is less than 3 years, this suggests a new board.
Who Are The Largest Shareholders In Comstock Metals Ltd (CVE:CSL)?
I am going to take a deep dive into Comstock Metals Ltd’s (CVE:CSL) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure of a company has been found to affect share performance over time. … View out our latest analysis for Comstock Metals
Comstock Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and Mexico. It primarily explores for gold and cobalt deposits. The company holds a 100% interest in the Preview SW gold project in the La Ronge district of Saskatchewan. It also holds an option agreement to acquire a 100% interest in the Rawhide cobalt-silver project comprising 42 claim units covering an area of 662 hectares located in Ontario. The company was incorporated in 2007 and is headquartered in Vancouver, Canada.
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