TSXV:DMI

Stock Analysis Report

Executive Summary

Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond based resource properties.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Diamcor Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DMI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

24.0%

DMI

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

-36.7%

DMI

5.4%

CA Metals and Mining

4.5%

CA Market

Return vs Industry: DMI underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.

Return vs Market: DMI underperformed the Canadian Market which returned 4.5% over the past year.


Shareholder returns

DMIIndustryMarket
7 Day24.0%4.7%0.1%
30 Day-13.9%4.2%0.9%
90 Day72.2%14.1%3.7%
1 Year-36.7%-36.7%6.0%5.4%7.8%4.5%
3 Year-85.4%-85.4%0.2%-1.5%18.2%7.5%
5 Year-85.9%-85.9%26.6%22.9%33.7%14.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Diamcor Mining undervalued compared to its fair value and its price relative to the market?

2.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DMI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DMI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DMI is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: DMI 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 DMI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DMI is overvalued based on its PB Ratio (2.7x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.5%

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 Diamcor Mining 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 Diamcor Mining performed over the past 5 years?

-11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DMI is currently unprofitable.

Growing Profit Margin: DMI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DMI is unprofitable, and losses have increased over the past 5 years at a rate of -11.4% per year.

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

Earnings vs Industry: DMI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: DMI'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 Diamcor Mining's financial position?


Financial Position Analysis

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

Long Term Liabilities: DMI 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: DMI has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

Inventory Level: DMI has a high level of physical assets or inventory.

Debt Coverage by Assets: DMI 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: DMI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DMI has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.7% each year


Next Steps

Dividend

What is Diamcor Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DMI'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 DMI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DMI'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 DMI'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?

9.3yrs

Average management tenure


CEO

Dean Taylor 0

12.4yrs

Tenure

CA$315,600

Compensation

Mr. Dean H. Taylor has been the Chief Executive Officer at Diamcor Mining Inc. since September 18, 2007 and serves as its Chairman of the Board and President. Mr. Taylor served as the Chief Operating Offic ...


CEO Compensation Analysis

Compensation vs Market: Dean's total compensation ($USD238.84K) is above average for companies of similar size in the Canadian market ($USD154.65K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dean Taylor
Chairman12.4yrsCA$315.60k1.96% CA$198.1k
Darren Vucurevich
CFO & Director14.6yrsCA$114.00k1.27% CA$128.1k
James Hawkins
Exploration Manager12.8yrsno datano data
Kurt Petersen
Managing Director of Operations for South Africa0.3yrsno datano data
Mark Smith
Secretary6.4yrsno data0.26% CA$26.8k

9.3yrs

Average Tenure

Experienced Management: DMI's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dean Taylor
Chairman12.4yrsCA$315.60k1.96% CA$198.1k
Darren Vucurevich
CFO & Director14.6yrsCA$114.00k1.27% CA$128.1k
Sheldon Nelson
Independent Director12.3yrsCA$48.00k1.85% CA$187.3k
Stephen Haggerty
Independent Director12.8yrsCA$24.00k0.12% CA$12.4k

12.8yrs

Average Tenure

Experienced Board: DMI's board of directors are seasoned and experienced ( 12.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DMI insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Diamcor Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Diamcor Mining Inc.
  • Ticker: DMI
  • Exchange: TSXV
  • Founded:
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$10.123m
  • Shares outstanding: 65.31m
  • Website: https://www.diamcormining.com

Location

  • Diamcor Mining Inc.
  • 1665 Ellis Street
  • Suite 301
  • Kelowna
  • British Columbia
  • V1Y 2B3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DMITSXV (TSX Venture Exchange)YesCommon SharesCACADMay 1989
DMIF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 1989

Biography

Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. The company is based in Kelowna, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:34
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.