Corsa Coal Corp. operates as a coal mining company. More Details
Excellent balance sheet and overvalued.
Share Price & News
How has Corsa Coal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSO is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: CSO's weekly volatility has decreased from 21% to 16% over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: CSO underperformed the Canadian Metals and Mining industry which returned 39.3% over the past year.
Return vs Market: CSO underperformed the Canadian Market which returned 0.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Corsa Coal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Corsa Coal (CVE:CSO) Using Debt In A Risky Way?
3 months ago | Simply Wall StIs Corsa Coal (CVE:CSO) Using Debt In A Risky Way?
9 months ago | Simply Wall StIs Corsa Coal (CVE:CSO) Using Too Much Debt?
Is Corsa Coal undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CSO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CSO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CSO is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: CSO is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CSO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CSO is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (2.7x).
How is Corsa Coal forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Corsa Coal 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.
- Examine Corsa Coal'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.
- Corsa Coal competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Corsa Coal performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSO is currently unprofitable.
Growing Profit Margin: CSO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CSO is unprofitable, but has reduced losses over the past 5 years at a rate of 38.8% per year.
Accelerating Growth: Unable to compare CSO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CSO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: CSO has a negative Return on Equity (-58.38%), as it is currently unprofitable.
How is Corsa Coal's financial position?
Financial Position Analysis
Short Term Liabilities: CSO's short term assets ($25.3M) exceed its short term liabilities ($22.5M).
Long Term Liabilities: CSO's short term assets ($25.3M) do not cover its long term liabilities ($68.3M).
Debt to Equity History and Analysis
Debt Level: CSO's debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: CSO's debt to equity ratio has reduced from 18.7% to 10% over the past 5 years.
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: Whilst unprofitable CSO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CSO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.3% per year.
What is Corsa Coal current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSO'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 CSO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSO'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 CSO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter V. Merritts, also known as Pete, serves as Chief Executive Officer and Director of Corsa Coal Corporation since July 12, 2019. He served as President of Northern Appalachia (Napp) Division at Cor...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD482.62K) is above average for companies of similar size in the Canadian market ($USD166.28K).
Compensation vs Earnings: Pete's compensation has increased whilst the company is unprofitable.
|CEO & Director||1.42yrs||US$482.62k||0.025% |
|CFO & Corporate Secretary||5.5yrs||US$488.25k||no data|
|VP of Finance & Treasurer||1.25yrs||no data||no data|
Experienced Management: CSO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|CEO & Director||1.42yrs||US$482.62k||0.025% |
|Independent Director||10yrs||US$29.51k||0.021% |
|Independent Director||7.42yrs||US$55.51k||no data|
|Independent Director||7.42yrs||US$58.01k||no data|
|Independent Director||11.33yrs||US$58.01k||no data|
|Chairman of the Board||3.58yrs||no data||no data|
|Director||3.75yrs||no data||no data|
Experienced Board: CSO's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Corsa Coal Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Corsa Coal Corp.
- Ticker: CSO
- Exchange: TSXV
- Industry: Steel
- Sector: Materials
- Market Cap: CA$18.952m
- Shares outstanding: 94.76m
- Website: https://www.corsacoal.com
Number of Employees
- Corsa Coal Corp.
- 1576 Stoystown Road
- PO Box 260
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CSO||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2013|
|4RC1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2013|
|CRSX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2013|
Corsa Coal Corp. operates as a coal mining company. It is involved in mining, processing, and selling metallurgical coal; and exploring, acquiring, and developing resource properties. The company produces ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 00:30|
|End of Day Share Price||2020/12/02 00:00|
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.