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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Essex Minerals. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Essex Minerals's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Essex Minerals 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Essex Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Essex Minerals's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Essex Minerals's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Essex Minerals is high growth as no earnings estimate data is available.
Unable to determine if Essex Minerals 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.
Essex Minerals's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
TENURE AS CEO
Mr. Adam R. Cegielski, B.Sc. has been the Chief Executive Officer and Director of Essex Minerals Inc. since January 2019. Mr. Cegielski serves as Chief Executive Officer of Montego Resources Inc. and is its Director since September 2018. He is a Corporate Secretary at Montego Resources Inc. since March 2019. Mr. Cegielski is a Co-Founder of Eyecarrot Innovations Corp. and has been its Chief Executive Officer and President since February 2012. He has been Chief Product Officer of Eyecarrot Innovations Corp. since July 2015. He has been the Chief Executive Officer and President of Nanton Nickel Corporation since February 29, 2012. Mr. Cegielski has been the Sole Proprietor of Insight Consulting since 1999. He served as Chief Executive Officer, President, Secretary and Executive Director of Resgreen Group International Inc. from April 21, 2006 to May 23, 2008 and served as its Principal Accounting Officer since April 2006. He has over 10 years of experience as a director and senior officer of publicly listed companies. From September 2010 to October 2011, Mr. Cegielski served as Investor Relations consultant for Keegan Resources Inc. a TSX listed gold exploration company. He served as the Chief Executive Officer at Crest Petroleum Corp. until October 15, 2013. Mr. Cegielski served as the Chief Financial Officer and Chief Executive Officer of Cayden Resources Inc. (alternate name Vistech Capital Corp). Mr. Cegielski served as the President, Chief Executive Officer, Secretary and Treasurer of Uranium Hunter Corp. (Formerly Brownsville Company) from April 21, 2006 to May 2008 and also served as its Principal Accounting Officer since April 21, 2006. Mr. Cegielski served as the President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of GoldMountain Exploration Corporation (Formerly Konigsberg Corp) from March 27, 2006 to March 2008 and served as its Principal Accounting Officer. Mr. Cegielski served as the Acting Chief Financial Officer of IBI Corporation until November 1, 2006. He serves as Director of Seaside Exploration Partners Corp. He has been a Director of Brownsville Co, since April 21, 2006, Konigsberg Corp. since March 27, 2006. He has been a Director of Eyecarrot Innovations Corp. since February 29, 2012. He served as Director of Crest Petroleum Corp since January 24, 2012 until October 2014. He served as a Director of Cayden Resources Inc., since November 10, 2008. He served as Director of Kootenay Zinc Corp. from May 2015 to September 2016. He served as an Executive Director of Uranium Hunter Corporation from March 2006 to May 2008. From March 2006 to January 2008, Mr. Cegielski served as a Director of GoldMountain Exploration Corporation (formerly Konigsberg Corp.) Mr. Cegielski is a graduate of the University of Guelph in Ontario, Canada where he gained his Bachelor of Science and holds Honors degree from the College of Physical and Engineering Science in Applied Biochemistry.
Insufficient data for Adam to compare compensation growth.
Insufficient data for Adam to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
CEO & Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Essex Minerals board of directors is less than 3 years, this suggests a new board.
What Kind Of Investor Owns Most Of Essex Minerals Inc (CVE:ESX)?
The big shareholder groups in Essex Minerals Inc (CVE:ESX) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Essex Minerals is not a large company by global standards.
Should You Be Concerned About Essex Minerals Inc's (CVE:ESX) Shareholders?
In this analysis, my focus will be on developing a perspective on Essex Minerals Inc’s (CVE:ESX) latest ownership structure, a less discussed, but important factor. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View out our latest analysis for Essex Minerals
View our latest analysis for Essex Minerals TSXV:ESX Ownership_summary Apr 25th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership Another important group of shareholders are company insiders. … Next Steps: Institutional ownership in ESX is not at a level that would concern investors.
What Is The Future Prospect For Basic Materials And Essex Minerals Inc (TSXV:ESX)?
TSXV:ESX PE PEG Gauge Nov 17th 17 The metals and mining sector's PE is currently hovering around 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of ESX, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.
How Much Cash Is Left In The Bank For Essex Minerals Inc (TSXV:ESX)?
Looking at ESX’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … My cash burn analysis suggests that ESX has a cash runway of 2.4 years, given its current level of cash holdings. … The outcome of my analysis suggests that if ESX maintains the rate of opex growth, it will run out of cash in the upcoming years.
Essex Minerals Inc., a natural resource company, engages in the acquisition and exploration of mining properties in Canada. The company primarily explores for copper and gold deposits. It holds an option to acquire a 100% interest in the Melba property comprising 8 mining claims comprising approximately 3966 hectares located in the Kamloops Mining District of British Columbia. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.