TSXV:CTN

Stock Analysis Report

Centurion Minerals

Executive Summary

Centurion Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada and Argentina.

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (CA$4K)

Does not have a meaningful market cap (CA$2M)

+ 1 more risk


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Centurion Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CTN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

CTN

-3.7%

CA Chemicals

0.6%

CA Market


1 Year Return

n/a

CTN

-24.4%

CA Chemicals

5.8%

CA Market

Return vs Industry: Insufficient data to determine how CTN performed against the Canadian Chemicals industry.

Return vs Market: Insufficient data to determine how CTN performed against the Canadian Market.


Shareholder returns

CTNIndustryMarket
7 Dayn/a-3.7%0.6%
30 Dayn/a-10.8%0.5%
90 Dayn/a-13.1%3.6%
1 Yearn/a-21.8%-24.4%9.1%5.8%
3 Yearn/a-30.4%-34.6%15.4%5.0%
5 Yearn/a-23.5%-31.9%33.6%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Centurion Minerals undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Centurion Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Centurion Minerals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CTN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Centurion Minerals regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

12.2%

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 Centurion Minerals 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 Centurion Minerals performed over the past 5 years?

17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTN is currently unprofitable.

Growing Profit Margin: CTN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CTN is unprofitable, but has reduced losses over the past 5 years at a rate of 17.4% per year.

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

Earnings vs Industry: CTN is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-16.5%).


Return on Equity

High ROE: CTN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Centurion Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: CTN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CTN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CTN has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CTN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: CTN has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: CTN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CTN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -9.3% each year


Next Steps

Dividend

What is Centurion Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CTN'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 CTN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

11.4yrs

Average board tenure


CEO

David Tafel (61yo)

11.3yrs

Tenure

CA$108,000

Compensation

Mr. David Geophry Tafel, B.A., has been the Chief Executive Officer and President of Portofino Resources Inc. since October 4, 2016. Mr. Tafel has been the Chief Executive Officer and President of Centurio ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD155.16K).

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


Board Members

NamePositionTenureCompensationOwnership
David Tafel
President11.3yrsCA$108.00k7.11% CA$167.5k
Jeremy Wright
CFO & Director0.3yrsCA$90.00k0.011% CA$249.1
Kenneth Cawkell
Secretary & Director11.6yrsno data3.06% CA$72.0k
Joseph Del Campo
Independent Director11.3yrsno data0.077% CA$1.8k

11.4yrs

Average Tenure

66yo

Average Age

Experienced Board: CTN's board of directors are seasoned and experienced ( 11.4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 190.7%.


Top Shareholders

Company Information

Centurion Minerals Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Centurion Minerals Ltd.
  • Ticker: CTN
  • Exchange: TSXV
  • Founded: 2005
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: CA$2.355m
  • Shares outstanding: 33.64m
  • Website: https://www.centurionminerals.com

Location

  • Centurion Minerals Ltd.
  • 470 Granville Street
  • Suite 520
  • Vancouver
  • British Columbia
  • V6C 1V5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTNTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2006
XJCADB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2006
XJCBBST (Boerse-Stuttgart)YesCommon SharesDEEURDec 2006
CTMU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2006

Biography

Centurion Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada and Argentina. The company focuses on identifying, developing and marketing calcium sulfate, a mineral fertilizer and soil conditioner for the markets of Argentina, Paraguay, Bolivia, Brazil, and Chile. Its principal project is the Ana Sofia Agricultural Gypsum project, which consists of two mining concessions totaling 50 hectares area located in Santiago del Estero Province, Argentina. Centurion Minerals Ltd. was incorporated in 2005 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:30
End of Day Share Price2020/02/05 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


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.