TSXV:EVM

Stock Analysis Report

Executive Summary

Evrim Resources Corp. operates as a mineral exploration company in Mexico, southwestern United States, and western Canada.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • Evrim Resources is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

EVM

3.4%

CA Metals and Mining

1.3%

CA Market


1 Year Return

-72.9%

EVM

22.0%

CA Metals and Mining

-0.1%

CA Market

EVM underperformed the Metals and Mining industry which returned 18.6% over the past year.

EVM underperformed the Market in Canada which returned -0.4% over the past year.


Share holder returns

EVMIndustryMarket
7 Day0%3.4%1.3%
30 Day-1.4%1.6%4.2%
90 Day14.8%9.1%1.6%
1 Year-72.9%-72.9%22.9%22.0%3.4%-0.1%
3 Year16.7%16.7%-10.0%-11.7%19.1%8.4%
5 Year32.1%32.1%4.1%0.3%23.2%5.7%

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

Valuation

Is Evrim Resources undervalued based on future cash flows and its price relative to the stock market?

2.57x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Evrim Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Evrim Resources to establish if it is available at substantial discount.


Price Based on Earnings

Evrim Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.

Evrim Resources is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Evrim Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Evrim Resources is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Evrim Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.8%

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.


Next Steps

Past Performance

How has Evrim Resources performed over the past 5 years?

-2.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Evrim Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Evrim Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Evrim Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Evrim Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Evrim Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Evrim Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Evrim Resources's financial position?


Financial Position Analysis

Evrim Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Evrim Resources's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Evrim Resources has no debt.

Evrim Resources has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Evrim Resources has no debt, it does not need to be covered by short term assets.


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.

Evrim Resources has sufficient cash runway for more than 3 years based on current free cash flow.

Evrim Resources has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 14.8% each year.


Next Steps

Dividend

What is Evrim Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Evrim Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Evrim Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Evrim Resources has not reported any payouts.

Unable to verify if Evrim Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Evrim Resources 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.


Next Steps

Management

What is the CEO of Evrim Resources's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average management tenure


CEO

Paddy Nicol (49yo)

8.8yrs

Tenure

CA$340,085

Compensation

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

Paddy's remuneration is higher than average for companies of similar size in Canada.

Paddy's compensation has increased whilst company is loss making.


Management Age and Tenure

5.6yrs

Average Tenure

The average tenure for the Evrim Resources management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.3yrs

Average Tenure

57yo

Average Age

The tenure for the Evrim Resources board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCA$58,00003 Oct 18
Charles Funk
EntityIndividual
Shares40,000
Max PriceCA$1.45

Ownership Breakdown


Management Team

  • Paddy Nicol (49yo)

    President

    • Tenure: 8.8yrs
    • Compensation: CA$340.09k
  • Mahesh Liyanage

    Chief Financial Officer

    • Tenure: 6.2yrs
    • Compensation: CA$296.47k
  • Jefferson Chambers

    Chief Geoscientist

    • Tenure: 8.5yrs
  • Dave Groves

    Vice President of Exploration

    • Tenure: 0.3yrs
  • Stewart Harris

    Vice President of Technical Services

    • Tenure: 5.1yrs
    • Compensation: CA$235.63k
  • Rosana Batista

    Corporate Secretary

    • Tenure: 1.7yrs

Board Members

  • Dave Caulfield (60yo)

    Director

    • Tenure: 8.8yrs
    • Compensation: CA$42.00k
  • John F. Thompson (64yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: CA$30.00k
  • Paddy Nicol (49yo)

    President

    • Tenure: 8.8yrs
    • Compensation: CA$340.09k
  • Pieter van Eeden (54yo)

    Chairman of the Board

    • Tenure: 5.8yrs
    • Compensation: CA$48.00k

Company Information

Evrim Resources Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evrim Resources Corp.
  • Ticker: EVM
  • Exchange: TSXV
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$29.564m
  • Shares outstanding: 84.47m
  • Website: https://www.evrimresources.com

Number of Employees


Location

  • Evrim Resources Corp.
  • 850 West Hastings Street
  • Suite 910
  • Vancouver
  • British Columbia
  • V6C 1E1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVMTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2011
5EVDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2011
EMRR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2011

Biography

Evrim Resources Corp. operates as a mineral exploration company in Mexico, southwestern United States, and western Canada. It primarily explores for copper, gold, silver, molybdenum, and precious and base  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 00:52
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.