TSXV:DSM

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Deep-South Resources

Executive Summary

Deep-South Resources Inc., a development stage company, engages in the acquisition, exploration, and development of mineral properties.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Deep-South Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.3%

DSM

-4.0%

CA Metals and Mining

4.1%

CA Market


1 Year Return

36.4%

DSM

26.4%

CA Metals and Mining

-8.6%

CA Market

Return vs Industry: DSM exceeded the Canadian Metals and Mining industry which returned 26.4% over the past year.

Return vs Market: DSM exceeded the Canadian Market which returned -8.6% over the past year.


Shareholder returns

DSMIndustryMarket
7 Day-6.3%-4.0%4.1%
30 Day66.7%-4.4%7.9%
90 Day25.0%17.2%-3.4%
1 Year36.4%36.4%27.3%26.4%-5.5%-8.6%
3 Year-58.3%-58.3%11.0%9.1%3.6%-6.1%
5 Yearn/a53.1%48.9%21.4%3.5%

Price Volatility Vs. Market

How volatile is Deep-South Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Deep-South Resources undervalued compared to its fair value and its price relative to the market?

1.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: DSM is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (1.8x).


Next Steps

Future Growth

How is Deep-South Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.9%

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 Deep-South Resources 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 Deep-South Resources performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DSM is currently unprofitable.

Growing Profit Margin: DSM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DSM is unprofitable, but has reduced losses over the past 5 years at a rate of 21.9% per year.

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

Earnings vs Industry: DSM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.6%).


Return on Equity

High ROE: DSM has a negative Return on Equity (-19.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Deep-South Resources's financial position?


Financial Position Analysis

Short Term Liabilities: DSM's short term assets (CA$79.8K) do not cover its short term liabilities (CA$1.1M).

Long Term Liabilities: DSM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DSM's debt to equity ratio (8.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if DSM's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: DSM has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: DSM is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Deep-South Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.4yrs

Average management tenure


CEO

Pierre Léveillé

3.42yrs

Tenure

CA$48,000

Compensation

Mr. Pierre Léveillé is the President and Owner of Q7 Capital inc. Mr. Léveillé has been Chief Executive Officer of the Deep-South Resources Inc. since January 18, 2017 and has been its President and Direct ...


CEO Compensation Analysis

Compensation vs Market: Pierre's total compensation ($USD35.80K) is below average for companies of similar size in the Canadian market ($USD163.24K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Pierre Léveillé
President3.42yrsCA$48.00k0.016% CA$937.6
Timothy Fernback
VP & Director6.42yrsCA$32.40kno data
Vivian Le Stuart-Willams
Vice-President of Exploration3.33yrsCA$32.58kno data
Jean-Luc Roy
Chief Expertise Officer & Director2.08yrsno datano data
Chantelle Collins
Chief Financial Officer0.33yrno data0.063% CA$3.7k
Paul Smith
COO & Director0.33yrno datano data
Paul Lemmon
Chief Geologist2.42yrsno datano data

2.4yrs

Average Tenure

56yo

Average Age

Experienced Management: DSM's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pierre Léveillé
President3.42yrsCA$48.00k0.016% CA$937.6
Timothy Fernback
VP & Director6.42yrsCA$32.40kno data
Jean-Luc Roy
Chief Expertise Officer & Director2.08yrsno datano data
Paul Smith
COO & Director0.33yrno datano data
Ernest Mast
Member of Advisory Board0.33yrno datano data
Sadike Nepela
Independent Director3.33yrsno data0.75% CA$45.0k
John Akwenye
Independent Chairman of the Board3.67yrsCA$21.60kno data
Thomas Tumoscheit
Independent Director1.08yrsno data1.56% CA$93.6k

2.7yrs

Average Tenure

55yo

Average Age

Experienced Board: DSM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: DSM 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 diluted in the past year, with total shares outstanding growing by 20.7%.


Top Shareholders

Company Information

Deep-South Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deep-South Resources Inc.
  • Ticker: DSM
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$5.983m
  • Shares outstanding: 79.78m
  • Website: https://www.deepsouthresources.com

Location

  • Deep-South Resources Inc.
  • 2912 West Broadway
  • Suite 162
  • Vancouver
  • British Columbia
  • V6K 0E9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DSMTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2016
JGCRDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2016
JAUG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2016

Biography

Deep-South Resources Inc., a development stage company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for copper, nickel, cobalt, and gold deposits. The company holds a 100% interest in the Haib project located in the south of Namibia. It also has an option to acquire 75% interest in the Kapili Tepe project that consists of one mining license and two exploration licenses located in the Sivas Province of the North-East Central part of Turkey. The company was formerly known as Jet Gold Corp. and changed its name to Deep-South Resources Inc. in November 2016. Deep-South Resources Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 06:27
End of Day Share Price2020/06/05 00:00
Earnings2020/02/29
Annual Earnings2019/08/31


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.