Evrim Resources Corp. operates as a mineral exploration company in Mexico, southwestern United States, and Canada.
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Flawless balance sheet with weak fundamentals.
Share Price & News
How has Evrim Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EVM'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: EVM underperformed the Canadian Metals and Mining industry which returned -8.7% over the past year.
Return vs Market: EVM exceeded the Canadian Market which returned -24.8% over the past year.
Price Volatility Vs. Market
How volatile is Evrim Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For Evrim Resources Corp. (CVE:EVM)?
1 month ago | Simply Wall StIs Evrim Resources Corp. (CVE:EVM) Excessively Paying Its CEO?
2 months ago | Simply Wall StIf You Had Bought Evrim Resources (CVE:EVM) Shares Five Years Ago You'd Have Made 74%
Is Evrim Resources 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 EVM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EVM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EVM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: EVM 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 EVM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EVM is overvalued based on its PB Ratio (1.8x) compared to the CA Metals and Mining industry average (1.2x).
How is Evrim Resources 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 Evrim 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.
- Examine Evrim Resources'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.
- Evrim Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Evrim Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVM is currently unprofitable.
Growing Profit Margin: EVM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EVM is unprofitable, and losses have increased over the past 5 years at a rate of -5.5% per year.
Accelerating Growth: Unable to compare EVM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EVM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: EVM has a negative Return on Equity (-33.8%), as it is currently unprofitable.
How is Evrim Resources's financial position?
Financial Position Analysis
Short Term Liabilities: EVM's short term assets (CA$10.9M) exceed its short term liabilities (CA$331.7K).
Long Term Liabilities: EVM's short term assets (CA$10.9M) exceed its long term liabilities (CA$66.7K).
Debt to Equity History and Analysis
Debt Level: EVM is debt free.
Reducing Debt: EVM has not had any debt for past 5 years.
Inventory Level: EVM has a low level of unsold assets or inventory.
Debt Coverage by Assets: EVM's debt is not covered by short term assets (assets are -2001.7x 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: EVM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EVM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -11.3% each year.
What is Evrim Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EVM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EVM'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 EVM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EVM'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 EVM'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
Paddy Nicol (49yo)
Mr. John Patrick Nicol, also known as Paddy, MBA, has been Chief Executive Officer and President of Evrim Resources Corp. since December 23, 2010. Mr. Nicol served as the Chief Executive Officer and Presid ...
CEO Compensation Analysis
Compensation vs Market: Paddy's total compensation ($USD240.64K) is above average for companies of similar size in the Canadian market ($USD158.76K).
Compensation vs Earnings: Paddy's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||6.75yrs||CA$296.47k||no data|
|Chief Geoscientist||9.08yrs||no data||no data|
|Vice President of Exploration||0.83yr||no data||no data|
|Corporate Secretary||2.25yrs||no data||no data|
Experienced Management: EVM's management team is seasoned and experienced (6.8 years average tenure).
|Independent Director||9.33yrs||CA$42.00k||1.07% CA$214.3k|
|Independent Director||4.92yrs||CA$30.00k||no data|
|Chairman of the Board||6.42yrs||CA$48.00k||no data|
Experienced Board: EVM's board of directors are considered experienced (7.9 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.8%.
Evrim Resources Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Evrim Resources Corp.
- Ticker: EVM
- Exchange: TSXV
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$20.045m
- Shares outstanding: 85.30m
- Website: https://www.evrimresources.com
Number of Employees
- Evrim Resources Corp.
- 850 West Hastings Street
- Suite 910
- British Columbia
- V6C 1E1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EVM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 2011|
|5EV||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 2011|
|EMRR.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 2011|
Evrim Resources Corp. operates as a mineral exploration company in Mexico, southwestern United States, and Canada. It primarily explores for copper, gold, silver, molybdenum, and precious and base metal deposits. The company was formerly known as Avaranta Resources Ltd. and changed its name to Evrim Resources Corp. in December 2010. Evrim Resources Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 09:00|
|End of Day Share Price||2020/04/03 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.