Loading...

Discovery Metals

TSXV:DSV
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DSV
TSXV
CA$15M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Discovery Metals Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits primarily in Mexico. The last earnings update was 331 days ago. More info.


Add to Portfolio Compare Print
  • Discovery Metals has significant price volatility in the past 3 months.
DSV Share Price and Events
7 Day Returns
14.6%
TSXV:DSV
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-16.1%
TSXV:DSV
-5.9%
CA Metals and Mining
0.7%
CA Market
DSV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Discovery Metals (DSV) 14.6% 20.5% 23.7% -16.1% - -
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
  • DSV underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • DSV underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
DSV
Industry
5yr Volatility vs Market

Value

 Is Discovery Metals 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 Discovery Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.235.
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 Discovery Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Discovery Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:DSV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2017-12-31) in CAD CA$-0.09
TSXV:DSV Share Price ** TSXV (2019-03-19) in CAD CA$0.24
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 Discovery Metals.

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

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

= 0.24 ÷ -0.09

-2.68x

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

  • Discovery Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Discovery Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Discovery Metals's expected growth come at a high price?
Raw Data
TSXV:DSV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.68x
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 Discovery Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Discovery Metals's assets?
Raw Data
TSXV:DSV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2017-12-31) in CAD CA$0.20
TSXV:DSV Share Price * TSXV (2019-03-19) in CAD CA$0.24
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:DSV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.24 ÷ 0.20

1.15x

* Primary Listing of Discovery Metals.

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

  • Discovery Metals is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Discovery Metals'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. Discovery Metals 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 Discovery Metals 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 Discovery Metals 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 Discovery Metals expected to grow at an attractive rate?
  • Unable to compare Discovery Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Discovery Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Discovery Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:DSV 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:DSV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year 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:DSV Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2017-12-31 -6 -6
2017-08-31 -1 -4
2017-05-31 0 4
2017-02-28 0 4
2016-11-30 0 4
2016-08-31 0 5
2016-05-31 0 -1
2016-02-29 0 -1
2015-11-30 0 -1
2015-08-31 0 -1
2015-05-31 0 -1
2015-02-28 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Discovery Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Discovery Metals 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:DSV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Discovery Metals Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:DSV Past Financials Data
Date (Data in CAD Millions) EPS *
2017-12-31 -0.09
2017-08-31 -0.10
2017-05-31 0.14
2017-02-28 0.21
2016-11-30 0.37
2016-08-31 2.05
2016-05-31 -0.49
2016-02-29 -0.47
2015-11-30 -0.46
2015-08-31 -0.45
2015-05-31 -0.77
2015-02-28 0.15

*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 Discovery Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Discovery Metals'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.
  2. Discovery Metals'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. Discovery Metals'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 Discovery Metals'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.
Discovery Metals 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 Discovery Metals performed over the past 5 years?

  • Discovery Metals's last earnings update was 331 days ago.
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 Discovery Metals'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.
  • Discovery Metals does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Discovery Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Discovery Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Discovery Metals'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 Discovery Metals Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:DSV Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2017-12-31 -5.70 6.50
2017-08-31 -3.59 3.58
2017-05-31 3.61 1.27
2017-02-28 3.78 1.12
2016-11-30 3.80 1.09
2016-08-31 4.69 0.07
2016-05-31 -0.57 0.06
2016-02-29 -0.55 0.05
2015-11-30 -0.54 0.06
2015-08-31 -0.53 0.06
2015-05-31 -0.90 0.02
2015-02-28 0.18 0.02
2014-11-30 0.15 0.03
2014-08-31 0.13 0.04
2014-05-31 0.52 0.13
2014-02-28 -0.56 0.11
2013-11-30 -0.53 0.10
2013-08-31 -0.50 0.08
2013-05-31 -0.47 -0.02
2013-02-28 -0.45 -0.01
2012-11-30 -0.45 0.00
2012-08-31 -0.44 0.00
2012-05-31 -0.43 0.02

*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 Discovery Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Discovery Metals 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 Discovery Metals 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 Discovery Metals'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.
Discovery Metals 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 Discovery Metals'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 Discovery Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Discovery Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Discovery Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Discovery Metals'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.
  • Low level of unsold assets.
  • Discovery Metals has no debt, it does not need to be covered by short term assets.
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 Discovery Metals Company Filings, last reported 1 year ago.

TSXV:DSV Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2017-12-31 13.26 0.00 12.23
2017-08-31 15.11 0.00 14.64
2017-05-31 0.56 0.00 0.45
2017-02-28 0.88 0.00 0.94
2016-11-30 1.02 0.00 1.04
2016-08-31 1.04 0.00 1.06
2016-05-31 -5.62 2.71 0.00
2016-02-29 -5.48 2.71 0.00
2015-11-30 -5.35 2.71 0.00
2015-08-31 -5.22 2.71 0.00
2015-05-31 -5.05 2.71 0.00
2015-02-28 -4.93 2.71 0.00
2014-11-30 -4.81 2.71 0.00
2014-08-31 -4.69 2.71 0.00
2014-05-31 -5.28 3.39 0.00
2014-02-28 -6.24 3.36 0.00
2013-11-30 -6.10 3.33 0.00
2013-08-31 -4.82 3.30 0.00
2013-05-31 -5.80 3.28 0.00
2013-02-28 -5.69 3.25 0.00
2012-11-30 -5.57 3.23 0.01
2012-08-31 -5.45 3.20 0.01
2012-05-31 -5.34 3.18 0.01
  • Discovery Metals has no debt.
  • Discovery Metals currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Discovery Metals has no debt, it does not need to be covered by operating cash flow.
  • Discovery Metals has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Discovery Metals'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. Discovery Metals has a total score of 6/6, 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 Discovery Metals'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 Discovery Metals dividends.
If you bought CA$2,000 of Discovery Metals 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 Discovery Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Discovery Metals'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:DSV 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.

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

  • Unable to perform a dividend volatility check as Discovery Metals has not reported any payouts.
  • Unable to verify if Discovery Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Discovery Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Discovery Metals 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 Discovery Metals'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 Discovery Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Discovery Metals 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 Discovery Metals'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
Taj Singh
COMPENSATION CA$371,001
TENURE AS CEO 1.6 years
CEO Bio

Mr. Taj Preet Singh, M.Eng, P.Eng, CPA, has been Chief Executive Officer, President and Director at Discovery Metals Corp since August 17, 2017. Mr. Singh has been Vice President of Engineering, Projects & Business Development at Timmins Gold Corp. (now Alio Gold Inc.) since February 17, 2017. He has 15 years of experience in the minerals sector. He industry experience includes operations and development projects in Canada, Indonesia, New Caledonia and Brazil. Mr. Singh served as Vice President of Engineering & Projects Development at Timmins Gold Corp. since February 12, 2016 until February 17, 2017. Mr. Singh served as Vice President of Engineering & Project Development at Timmins Gold Corp., since August 21, 2015 until February 12, 2016. Mr. Singh served as Vice President of Business Development of Timmins Gold Corp., from September 9, 2012 to August 21, 2015. Mr. Singh served as publishing Mining Equity Research Analyst at Macquarie Capital Markets. He served as Vice President and Mining Equity Research Analyst at Macquarie Capital Markets in Toronto. He was a Research Analyst at Macquarie Research until August 31, 2012. He served as a Mining Analyst at Macquarie Capital Markets in Toronto, covering precious metals producers and developers. He spent 10 years at Inco and Vale involved in process engineering, capital budgeting and feasibility study preparation related to nickel and iron ore projects. During that time he worked on mining operations and projects in Canada, Brazil and New Caledonia and at refineries in China and Wales. He has been a Director at GT Gold Corp. since November 10, 2016. He served as a Director at Manera Capital Corp. since November 2016. He served as a Non-Executive Director of Nevada Iron Limited since April 29, 2013 until June 21, 2016. Mr. Singh is a member of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the Society of Management Accountants of Canada (CMA). He is well known in the North American capital markets. He is a Professional Engineer (P.Eng.). He holds a Bachelor of Applied Science and Engineering (Metallurgy) from the University of Toronto and a Master of Engineering (Metallurgy) from McMaster University.

CEO Compensation
  • Insufficient data for Taj to compare compensation growth.
  • Taj's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Discovery Metals management team in years:

1.3
Average Tenure
  • The average tenure for the Discovery Metals management team is less than 2 years, this suggests a new team.
Management Team

Taj Singh

TITLE
President
COMPENSATION
CA$371K
TENURE
1.6 yrs

Andreas L'Abbe

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$499K
TENURE
1.3 yrs

Gernot Wober

TITLE
Vice-President of Exploration
AGE
52
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the Discovery Metals board of directors in years:

1.6
Average Tenure
59
Average Age
  • The average tenure for the Discovery Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

William John

TITLE
Chairman
COMPENSATION
CA$15K
AGE
59
TENURE
1.7 yrs

Taj Singh

TITLE
President
COMPENSATION
CA$371K
TENURE
1.6 yrs

Jeff Parr

TITLE
Director
COMPENSATION
CA$12K
AGE
61
TENURE
1.6 yrs

Arturo Bonillas

TITLE
Chairman of Advisory Board
AGE
60
TENURE
1.6 yrs

Mark O'Dea

TITLE
Director
COMPENSATION
CA$87K
AGE
50
TENURE
1.8 yrs

Jose Vizquerra-Benavides

TITLE
Director
COMPENSATION
CA$12K
AGE
37
TENURE
1.6 yrs

Cal Everett

TITLE
Member of Advisory Board
AGE
62
TENURE
1.6 yrs

Craig Roberts

TITLE
Member of Advisory Board
TENURE
1.6 yrs

Moira Smith

TITLE
Member of Advisory Board
TENURE
1.6 yrs

Sean Tetzlaff

TITLE
Member of Advisory Board
AGE
49
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
19. Jun 18 Buy Calvin Everett Individual 18. Jun 18 18. Jun 18 50,000 CA$0.40 CA$20,000
X
Management checks
We assess Discovery Metals'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. Discovery Metals 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

Could The Discovery Metals Corp. (CVE:DSV) Ownership Structure Tell Us Something Useful?

A look at the shareholders of Discovery Metals Corp. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Discovery Metals is a smaller company with a market capitalization of CA$13m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About Discovery Metals Corp's (CVE:DSV) Major Investors

In this analysis, my focus will be on developing a perspective on Discovery Metals Corp’s (CVE:DSV) latest ownership structure, a less discussed, but important factor. … Ownership structure of a company has been found to affect share performance over time. … View out our latest analysis for Discovery Metals

Simply Wall St -

Should You Be Concerned About Discovery Metals Corp's (CVE:DSV) Investors?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in DSV should also look at another important group of investors: private companies, with a stake of 0.15%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership in DSV is not at a level that would concern investors.

Simply Wall St -

Future Outlook Of The Basic Materials Industry And Discovery Metals Corp (TSXV:DSV)

Discovery Metals Corp (TSXV:DSV), a CADCA$46.83M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … TSXV:DSV Growth In Earnings Nov 14th 17 Overall, the basic materials sector seems to be predominantly mature in terms of its industry life cycle. … TSXV:DSV PE PEG Gauge Nov 14th 17 metals and mining companies are typically trading at a PE of 11x, below the broader Canadian stock market PE of 17x.

Simply Wall St -

Who Are Discovery Metals Corp's (TSXV:DSV) Major Shareholders?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Such level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in DSV should also look at another important group of investors: private companies, with a stake of 0.15%, who are primarily invested because of strategic and capital gain interests.

Simply Wall St -

Company Info

Description

Discovery Metals Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits primarily in Mexico. The company explores for silver, zinc, and lead deposits. It has a portfolio of seven principal properties with a land package of approximately 3000 square kilometers located in Coahuila State. The company was formerly known as Ayubowan Capital Ltd. and changed its name to Discovery Metals Corp. in June 2017. Discovery Metals Corp. was incorporated in 1986 and is headquartered in Toronto, Canada.

Details
Name: Discovery Metals Corp.
DSV
Exchange: TSXV
Founded: 1986
CA$15,285,339
65,043,998
Website: http://www.dsvmetals.com
Address: Discovery Metals Corp.
55 University Avenue,
Suite 701,
Toronto,
Ontario, M5J 2H7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV DSV Common Shares TSX Venture Exchange CA CAD 15. Aug 2006
OTCPK AYYB.F Common Shares Pink Sheets LLC US USD 15. Aug 2006
Number of employees
Current staff
Staff numbers
0
Discovery Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:07
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/04/24
Last earnings reported: 2017/12/31
Last annual earnings reported: 2017/12/31


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.