Clarmin Explorations Inc. engages in the exploration and development of mineral properties in Canada.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Clarmin Explorations's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CX has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how CX performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how CX performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Clarmin Explorations's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Percentage Of Clarmin Explorations Inc. (CVE:CX) Shares Do Insiders Own?
2 months ago | Simply Wall StHere's Why We're Not Too Worried About Clarmin Explorations's (CVE:CX) Cash Burn Situation
4 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Clarmin Explorations Inc. (CVE:CX)?
Is Clarmin Explorations 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 CX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: CX 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 CX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CX is overvalued based on its PB Ratio (3.2x) compared to the CA Metals and Mining industry average (1.1x).
How is Clarmin Explorations forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Clarmin Explorations 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 Clarmin Explorations'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.
- Clarmin Explorations competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Clarmin Explorations performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: CX is currently unprofitable.
Growing Profit Margin: CX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if CX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare CX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: CX has a negative Return on Equity (-28.54%), as it is currently unprofitable.
How is Clarmin Explorations's financial position?
Financial Position Analysis
Short Term Liabilities: CX's short term assets (CA$268.8K) exceed its short term liabilities (CA$2.6K).
Long Term Liabilities: CX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CX is debt free.
Reducing Debt: CX has not had any debt for past 5 years.
Inventory Level: CX has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CX'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: CX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CX has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -16.5% each year.
What is Clarmin Explorations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CX'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 CX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CX'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 CX'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 board tenure
Nico Civelli (41yo)
Mr. Nico O. Civelli, MAPF, serves as an Independent Director at Claren Energy Corp. (formerly known as Terra Nova Energy Ltd.) since August 2012. Mr. Civelli serves as an Independent Director at Callinex M ...
|CEO, President & Director||3.08yrs||no data||16.9% CA$192.0k|
|Director||3.5yrs||no data||0.70% CA$8.0k|
|Independent Director||3.42yrs||no data||1.06% CA$12.0k|
Experienced Board: CX's board of directors are considered experienced (3.4 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
Clarmin Explorations Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Clarmin Explorations Inc.
- Ticker: CX
- Exchange: TSXV
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$1.136m
- Shares outstanding: 14.20m
- Website: https://null
- Clarmin Explorations Inc.
- 880 - 580 Hornby Street
- British Columbia
- V6C 3B6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CX||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 2018|
|CLXP.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 2018|
Clarmin Explorations Inc. engages in the exploration and development of mineral properties in Canada. The company holds 100% interest in the Benton property covering an area of 1,285 hectares located in the New Brunswick. The company was founded in 2016 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 01:06|
|End of Day Share Price||2020/03/30 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.