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Diamcor Mining

TSXV:DMI
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DMI
TSXV
CA$11M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond based resource properties. The last earnings update was 19 days ago. More info.


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  • Diamcor Mining has significant price volatility in the past 3 months.
DMI Share Price and Events
7 Day Returns
0%
TSXV:DMI
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-57%
TSXV:DMI
-5.9%
CA Metals and Mining
0.7%
CA Market
DMI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Diamcor Mining (DMI) 0% -29.2% -35.8% -57% -80% -87.9%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • DMI underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • DMI underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
DMI
Industry
5yr Volatility vs Market

Value

 Is Diamcor Mining undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Diamcor Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.17.
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 Diamcor Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Diamcor Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:DMI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.05
TSXV:DMI Share Price ** TSXV (2019-03-20) in CAD CA$0.17
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Diamcor Mining.

TSXV:DMI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:DMI Share Price ÷ EPS (both in CAD)

= 0.17 ÷ -0.05

-3.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Diamcor Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Diamcor Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Diamcor Mining's expected growth come at a high price?
Raw Data
TSXV:DMI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Diamcor Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Diamcor Mining's assets?
Raw Data
TSXV:DMI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.14
TSXV:DMI Share Price * TSXV (2019-03-20) in CAD CA$0.17
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:DMI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:DMI Share Price ÷ Book Value per Share (both in CAD)

= 0.17 ÷ 0.14

1.22x

* Primary Listing of Diamcor Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Diamcor Mining is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Diamcor Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Diamcor Mining has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 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 growth 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 it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Diamcor Mining expected to grow at an attractive rate?
  • Unable to compare Diamcor Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Diamcor Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Diamcor Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:DMI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:DMI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:DMI Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:DMI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 4 -3 -3
2018-09-30 3 -3 -3
2018-06-30 4 -2 -4
2018-03-31 6 -2 -3
2017-12-31 6 -1 -3
2017-09-30 6 0 -2
2017-06-30 6 0 -2
2017-03-31 6 0 -1
2016-12-31 7 1 -3
2016-09-30 7 1 -2
2016-06-30 7 0 -2
2016-03-31 5 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Diamcor Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Diamcor Mining 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.
Raw Data
TSXV:DMI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Diamcor Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:DMI Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:DMI Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.05
2018-06-30 -0.07
2018-03-31 -0.06
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.02
2016-12-31 -0.07
2016-09-30 -0.06
2016-06-30 -0.05
2016-03-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Diamcor Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of DMI’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.
  2. Diamcor Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Diamcor Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Diamcor Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Diamcor Mining has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Diamcor Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Diamcor Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Diamcor Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Diamcor Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Diamcor Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Diamcor Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Diamcor Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:DMI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3.85 -2.61 1.81
2018-09-30 3.06 -3.03 1.85
2018-06-30 3.67 -3.87 1.76
2018-03-31 5.95 -3.03 1.61
2017-12-31 5.57 -2.69 1.67
2017-09-30 6.12 -2.28 1.71
2017-06-30 6.01 -1.80 1.74
2017-03-31 5.93 -1.17 1.77
2016-12-31 7.00 -2.96 3.91
2016-09-30 7.13 -2.49 4.03
2016-06-30 6.50 -2.34 3.97
2016-03-31 4.68 -2.91 4.04
2015-12-31 4.26 -2.10 2.14
2015-09-30 3.42 -2.20 2.00
2015-06-30 3.11 -2.20 1.99
2015-03-31 3.07 -1.94 1.94
2014-12-31 3.49 -1.19 3.18
2014-09-30 3.89 -0.88 3.22
2014-06-30 4.37 -2.89 5.41
2014-03-31 4.29 -3.30 5.51
2013-12-31 2.83 -4.86 4.33
2013-09-30 2.08 -5.53 4.21
2013-06-30 0.99 -2.99 2.00
2013-03-31 0.54 -3.07 1.77
2012-12-31 0.54 -2.08 2.06
2012-09-30 0.00 -2.38 2.29
2012-06-30 -3.04 2.23
2012-03-31 -3.45 2.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Diamcor Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Diamcor Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Diamcor Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Diamcor Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Diamcor Mining 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Diamcor Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Diamcor Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Diamcor Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Diamcor Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Diamcor Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Diamcor Mining Company Filings, last reported 2 months ago.

TSXV:DMI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.15 5.61 0.23
2018-09-30 2.79 5.41 0.57
2018-06-30 2.32 5.35 0.44
2018-03-31 2.63 5.42 0.52
2017-12-31 4.02 5.17 0.38
2017-09-30 4.41 4.91 0.66
2017-06-30 5.97 5.22 1.55
2017-03-31 2.51 7.03 0.26
2016-12-31 3.23 7.33 1.40
2016-09-30 4.10 8.06 4.67
2016-06-30 -0.92 8.72 0.42
2016-03-31 -0.94 8.52 0.82
2015-12-31 -0.41 8.34 0.99
2015-09-30 0.17 8.24 0.82
2015-06-30 1.27 8.11 2.08
2015-03-31 1.48 7.95 2.04
2014-12-31 2.89 7.73 3.37
2014-09-30 0.52 7.79 1.27
2014-06-30 1.01 8.01 2.28
2014-03-31 1.64 8.25 3.67
2013-12-31 -2.44 8.41 0.75
2013-09-30 -2.39 8.62 0.95
2013-06-30 -1.88 8.84 1.35
2013-03-31 -5.31 11.36 0.79
2012-12-31 -3.71 11.19 1.96
2012-09-30 -2.89 7.03 0.60
2012-06-30 -1.68 6.92 1.98
2012-03-31 -1.84 6.83 1.75
  • Diamcor Mining's level of debt (261.3%) compared to net worth is high (greater than 40%).
  • Diamcor Mining had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • Diamcor Mining has less than a year of cash runway based on current free cash flow.
  • Diamcor Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.3% each year.
X
Financial health checks
We assess Diamcor Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Diamcor Mining has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Diamcor Mining dividends.
If you bought CA$2,000 of Diamcor Mining shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Diamcor Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Diamcor Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:DMI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:DMI Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Diamcor Mining has not reported any payouts.
  • Unable to verify if Diamcor Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Diamcor Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Diamcor Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Diamcor Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Diamcor Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Diamcor Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Diamcor Mining's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Dean Taylor
COMPENSATION CA$389,200
TENURE AS CEO 11.5 years
CEO Bio

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 Officer of Diamcor Mining Inc. since March 2007 and its President since September 18, 2007. He founded Okanagan Valley Business Consulting Ltd. (“OVBC“) and served as its President & Chief Executive Officer. He was the founding Member of several successful private businesses and held various executive level positions with public companies in Canada and the United States where he managed both growth related acquisitions and operational project management. Mr. Taylor has fifteen years experience in operational and project management. He has served as an active consultant to Diamcor for the past two years concentrating on corporate structure, operational planning, international relations and analysis of business development opportunities in South Africa. Mr. Taylor has been a Director at Diamcor Mining Inc. since March 22, 2007.

CEO Compensation
  • Dean's compensation has been consistent with company performance over the past year.
  • Dean's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Diamcor Mining management team in years:

8.4
Average Tenure
  • The average tenure for the Diamcor Mining management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Dean Taylor

TITLE
Chairman
COMPENSATION
CA$389K
TENURE
11.5 yrs

Darren Vucurevich

TITLE
Chief Financial Officer
COMPENSATION
CA$113K
TENURE
8.4 yrs

Mark Smith

TITLE
Secretary
TENURE
5.5 yrs
Board of Directors Tenure

Average tenure of the Diamcor Mining board of directors in years:

11.9
Average Tenure
  • The average tenure for the Diamcor Mining board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Dean Taylor

TITLE
Chairman
COMPENSATION
CA$389K

Darren Vucurevich

TITLE
Chief Financial Officer
COMPENSATION
CA$113K
TENURE
13.7 yrs

Stephen Haggerty

TITLE
Director
COMPENSATION
CA$24K
TENURE
11.9 yrs

Sheldon Nelson

TITLE
Director
COMPENSATION
CA$48K
AGE
57
TENURE
11.4 yrs
Who owns this company?
Recent Insider Trading
  • Diamcor Mining insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Feb 19 Sell Dean Taylor Individual 25. Jan 19 22. Feb 19 -53,500 CA$0.25 CA$-13,018
26. Jun 18 Buy Sheldon Nelson Individual 20. Jun 18 20. Jun 18 37,500 CA$0.35 CA$13,125
X
Management checks
We assess Diamcor Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Diamcor Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Diamcor Mining Inc. (CVE:DMI) Shares Do Insiders Own?

A look at the shareholders of Diamcor Mining Inc. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Diamcor Mining is a smaller company with a market capitalization of CA$16m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What Kind Of Investor Owns Most Of Diamcor Mining Inc (CVE:DMI)?

The big shareholder groups in Diamcor Mining Inc (CVE:DMI) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Diamcor Mining is a smaller company with a market capitalization of CA$22m, so it may still be flying under the radar of many institutional investors.

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Is Diamcor Mining Inc (CVE:DMI) A Financially Sound Company?

While small-cap stocks, such as Diamcor Mining Inc (CVE:DMI) with its market cap of CA$23.24m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Did Diamcor Mining Inc's (CVE:DMI) Recent Earnings Growth Beat The Trend?

After looking at Diamcor Mining Inc's (TSXV:DMI) latest earnings update (31 December 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … View our latest analysis for Diamcor Mining Did DMI's recent earnings growth beat the long-term trend and the industry? … Looking at growth from a sector-level, the Canadian metals and mining industry has been growing its average earnings by double-digit 24.81% in the previous year, and 16.04% over the past five years.

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Company Info

Description

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.

Details
Name: Diamcor Mining Inc.
DMI
Exchange: TSXV
Founded:
CA$10,860,600
63,885,888
Website: http://www.diamcormining.com
Address: Diamcor Mining Inc.
1620 Dickson Avenue,
Suite 630,
Kelowna,
British Columbia, VIY 9Y2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV DMI Common Shares TSX Venture Exchange CA CAD 10. May 1989
OTCPK DMIF.F Common Shares Pink Sheets LLC US USD 10. May 1989
Number of employees
Current staff
Staff numbers
0
Diamcor Mining employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:35
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2017/07/31
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.