Equitorial Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada.
+ 2 more risks
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Equitorial Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EXX'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: EXX underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: EXX underperformed the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Equitorial Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's Why Equitorial Exploration (CVE:EXX) Must Use Its Cash Wisely
3 months ago | Simply Wall StEquitorial Exploration (CVE:EXX) Is In A Good Position To Deliver On Growth Plans
1 year ago | Simply Wall StWho Has Been Buying Equitorial Exploration Corp. (CVE:EXX) Shares?
Is Equitorial Exploration 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 EXX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EXX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EXX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: EXX 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 EXX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EXX is overvalued based on its PB Ratio (3.3x) compared to the CA Metals and Mining industry average (1.6x).
How is Equitorial Exploration 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 Equitorial Exploration 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.
- Take a look at our analysis of EXX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Equitorial Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Equitorial Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXX is currently unprofitable.
Growing Profit Margin: EXX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EXX is unprofitable, and losses have increased over the past 5 years at a rate of -4.4% per year.
Accelerating Growth: Unable to compare EXX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EXX 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: EXX has a negative Return on Equity (-241%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Equitorial Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: EXX's short term assets (CA$32.7K) do not cover its short term liabilities (CA$294.0K).
Long Term Liabilities: EXX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EXX is debt free.
Reducing Debt: EXX has no debt compared to 5 years ago when its debt to equity ratio was 37.7%.
Inventory Level: EXX has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if EXX's debt is 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.
Stable Cash Runway: EXX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EXX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.3% each year
What is Equitorial Exploration's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate EXX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EXX'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 EXX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EXX'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 EXX'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 board tenure
Pat Power (56yo)
Mr. Patrick Edward Power, also known as Pat, is Founder of Western Potash Corp. Mr. Power has been Chief Executive Officer and President of Equitorial Exploration Corp. since November 23, 2018 and also ser ...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD6.05K) is below average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
|CEO, President & Director||1.3yrs||CA$8.00k||0.011% CA$150.0|
|CFO, Corporate Secretary & Director||4.3yrs||CA$48.00k||0.11% CA$1.5k|
|Independent Director||3.4yrs||no data||no data|
|Independent Director||4.2yrs||no data||no data|
Experienced Board: EXX's board of directors are considered experienced (4.2 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.5%.
Equitorial Exploration Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Equitorial Exploration Corp.
- Ticker: EXX
- Exchange: TSXV
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$1.412m
- Shares outstanding: 94.15m
- Website: https://equitorialexploration.com
- Equitorial Exploration Corp.
- 1111 West Georgia Street
- Suite 1400
- British Columbia
- V6E 4M3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EXX||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 2011|
|EQTX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2011|
|EE1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2011|
Equitorial Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It owns 100% interests in the Little Nahanni Pegmatite property covering an area of 5,393 hectares located in Northwest Territories; Cat Lake lithium property, which include 3 claims totaling an area of 99 hectares located in Manitoba, Canada; Tule Valley Lithium Brine project comprising 26 placer claims covering an area of 4,200 acres located to the south west of Salt Lake City, Utah; and Gerlach Lithium Brine project consisting of 89 placer claims totaling an area of 1,780 acres located in the Washoe County, Nevada. The company was formerly known as Equitorial Capital Corp. and changed its name to Equitorial Exploration Corp. in June 2013. Equitorial Exploration Corp. was founded in 2010 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 03:08|
|End of Day Share Price||2020/02/14 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.