Discovery Metals Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits primarily in Mexico.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Discovery Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DSV's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: DSV exceeded the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: DSV exceeded the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Discovery Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Institutions Own Discovery Metals Corp. (CVE:DSV) Shares?
7 months ago | Simply Wall StInvestors Who Bought Discovery Metals (CVE:DSV) Shares Three Years Ago Are Now Up 2250%
1 year ago | Simply Wall StCould The Discovery Metals Corp. (CVE:DSV) Ownership Structure Tell Us Something Useful?
Is Discovery Metals 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 DSV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DSV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DSV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: DSV 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 DSV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DSV is overvalued based on its PB Ratio (2.9x) compared to the CA Metals and Mining industry average (1.6x).
How is Discovery Metals 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 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 SimplyWall St do have past financial data.
- 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.
- Discovery Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Discovery Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DSV is currently unprofitable.
Growing Profit Margin: DSV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DSV is unprofitable, and losses have increased over the past 5 years at a rate of -49.2% per year.
Accelerating Growth: Unable to compare DSV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DSV 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: DSV has a negative Return on Equity (-17.84%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Discovery Metals's financial position?
Financial Position Analysis
Short Term Liabilities: DSV's short term assets (CA$10.2M) exceed its short term liabilities (CA$514.4K).
Long Term Liabilities: DSV's short term assets (CA$10.2M) exceed its long term liabilities (CA$99.3K).
Debt to Equity History and Analysis
Debt Level: DSV is debt free.
Reducing Debt: DSV currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Inventory Level: DSV has a high level of physical assets or inventory.
Debt Coverage by Assets: DSV's debt is not covered by short term assets (assets are -3.6881241959312E+17x debt).
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: DSV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DSV has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -75.3% each year.
What is Discovery Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DSV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DSV'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 DSV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DSV'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 DSV'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 management tenure
Taj Singh 0
Mr. Taj Preet Singh, M.Eng, P.Eng, CPA, CMA, B.Eng., has been Chief Executive Officer, President and Director at Discovery Metals Corp since August 17, 2017. Mr. Singh has been Vice President of Engineeri ...
CEO Compensation Analysis
Compensation vs Market: Taj's total compensation ($USD208.12K) is above average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: Taj's compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||2.2yrs||CA$150.00k||0.46% CA$630.4k|
|Vice-President of Exploration||1.6yrs||CA$210.11k||0.47% CA$646.6k|
|Vice President of Corporate Development & Investor Relations||0.2yrs||no data||no data|
Experienced Management: DSV's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Independent Director||2.7yrs||CA$35.00k||3.03% CA$4.2m|
|Member of Advisory Board||2.5yrs||no data||no data|
|Member of Advisory Board||2.5yrs||no data||3.32% CA$4.6m|
|Chairman of Advisory Board||2.5yrs||no data||no data|
|Independent Director||2.5yrs||CA$35.00k||0.19% CA$265.7k|
|Director||0.7yrs||no data||0.47% CA$650.0k|
|Independent Director||2.5yrs||CA$35.00k||0.17% CA$230.5k|
|Member of Advisory Board||2.5yrs||no data||no data|
Experienced Board: DSV's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.7%.
Discovery Metals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Discovery Metals Corp.
- Ticker: DSV
- Exchange: TSXV
- Founded: 1986
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$137.461m
- Shares outstanding: 211.48m
- Website: https://www.dsvmetals.com
- Discovery Metals Corp.
- 55 University Avenue
- Suite 701
- M5J 2H7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DSV||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2006|
|DSVM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2006|
|1CU||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2006|
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 focuses on the high-grade polymetallic deposits with a land package of approximately 150,000 hectares in northern Coahuila State, Mexico. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 01:13|
|End of Day Share Price||2020/02/21 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.