TSXV:EXS

Stock Analysis Report

Executive Summary

Explor Resources Inc., a junior gold and base metals mining and exploration company, engages in the acquisition and exploration of mining properties in Canada.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EXS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

EXS

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

50.0%

EXS

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: EXS exceeded the Canadian Metals and Mining industry which returned 26.9% over the past year.

Return vs Market: EXS exceeded the Canadian Market which returned 10.4% over the past year.


Shareholder returns

EXSIndustryMarket
7 Day0%-6.0%-6.2%
30 Day20.0%-1.0%-5.0%
90 Day0%4.9%-2.8%
1 Year50.0%50.0%2.9%2.2%1.1%-2.0%
3 Year-60.0%-60.0%-2.8%-4.5%10.7%0.6%
5 Year-45.5%-45.5%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Explor Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Explor Resources undervalued compared to its fair value and its price relative to the market?

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EXS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EXS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EXS is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: EXS 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 EXS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EXS is good value based on its PB Ratio (0.2x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.0%

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 Explor 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 Explor Resources performed over the past 5 years?

-1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXS is currently unprofitable.

Growing Profit Margin: EXS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EXS is unprofitable, and losses have increased over the past 5 years at a rate of -1.5% per year.

Accelerating Growth: Unable to compare EXS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EXS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).


Return on Equity

High ROE: EXS has a negative Return on Equity (-26.7%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Explor Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EXS's short term assets (CA$278.2K) do not cover its short term liabilities (CA$4.0M).

Long Term Liabilities: EXS's short term assets (CA$278.2K) exceed its long term liabilities (CA$18.5K).


Debt to Equity History and Analysis

Debt Level: EXS's debt to equity ratio (11.7%) is considered satisfactory.

Reducing Debt: EXS's debt to equity ratio has increased from 0.2% to 11.7% over the past 5 years.


Balance Sheet

Inventory Level: EXS has a high level of physical assets or inventory.

Debt Coverage by Assets: EXS's debt is not covered by short term assets (assets are 0.1x 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: EXS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EXS has less than a year of cash runway if free cash flow continues to grow at historical rates of 60.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EXS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EXS'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 EXS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EXS'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 EXS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.0yrs

Average management tenure


CEO

Chris Dupont 0

12.2yrs

Tenure

CA$108,000

Compensation

Mr. J. D. Christian Dupont, also known as Chris, P.Eng. serve as Non Independent Director, President and Chief Executive Officer at Galleon Gold Corp. Mr. Dupont has been the President, Director and Chief  ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD83.17K) is below average for companies of similar size in the Canadian market ($USD165.67K).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
J. D. Dupont
President12.2yrsCA$108.00k2.6% CA$156.0k
Rodrigue Tremblay
Chief Financial Officer5.8yrsCA$36.00kno data
Julie Godard
Corporate Secretary9yrsno data0.0070% CA$420.2
Anne Slivitski
Executive Officer0yrsno datano data

9.0yrs

Average Tenure

Experienced Management: EXS's management team is seasoned and experienced (9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
J. D. Dupont
President12.2yrsCA$108.00k2.6% CA$156.0k
Mario Colantonio
Independent Director10.7yrsno datano data
Geoffrey Carter
Independent Director12yrsno datano data
Gerhard Merkel
Independent Director4.9yrsno data0.050% CA$3.0k

11.3yrs

Average Tenure

Experienced Board: EXS's board of directors are seasoned and experienced ( 11.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

Explor Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Explor Resources Inc.
  • Ticker: EXS
  • Exchange: TSXV
  • Founded: 1986
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$6.012m
  • Shares outstanding: 200.40m
  • Website: https://www.explorresources.com

Location

  • Explor Resources Inc.
  • 15 Gamble Street East
  • Suite 204
  • Rouyn-Noranda
  • Quebec
  • J9X 3B6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXSTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1988
E1H1DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1988

Biography

Explor Resources Inc., a junior gold and base metals mining and exploration company, engages in the acquisition and exploration of mining properties in Canada. The company focuses on exploring the Abitibi Greenstone Belt of Ontario and Quebec. Its flagship project is the Timmins Porcupine West property that consists of 264 unpatented mining units and 3 patented claims located in the Bristol and Ogden Townships. The company was formerly known as Odaat Inc. and changed its name to Explor Resources Inc. in January 2004. Explor Resources Inc. was incorporated in 1986 and is based in Rouyn-Noranda, Canada. As of December 23, 2019, Explor Resources Inc. operates as a subsidiary of Galleon Gold Corp. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/02 23:58
End of Day Share Price2019/12/27 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


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.