First Cobalt Corp. engages in the acquisition and exploration of resource properties.
+ 1 more risk
Imperfect balance sheet and overvalued.
Share Price & News
How has First Cobalt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FCC has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: FCC underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.
Return vs Market: FCC underperformed the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is First Cobalt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StHave Insiders Been Buying First Cobalt Corp. (CVE:FCC) Shares This Year?
1 year ago | Simply Wall StWho Owns First Cobalt Corp (CVE:FCC)?
1 year ago | Simply Wall StWho Are The Top Investors In First Cobalt Corp (CVE:FCC)?
Is First Cobalt 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 FCC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FCC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FCC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: FCC 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 FCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FCC is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (1.5x).
How is First Cobalt 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 First Cobalt 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 FCC’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.
- First Cobalt competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has First Cobalt performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FCC is currently unprofitable.
Growing Profit Margin: FCC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FCC is unprofitable, and losses have increased over the past 5 years at a rate of -65.7% per year.
Accelerating Growth: Unable to compare FCC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FCC 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: FCC has a negative Return on Equity (-8.45%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is First Cobalt's financial position?
Financial Position Analysis
Short Term Liabilities: FCC's short term assets (CA$7.4M) exceed its short term liabilities (CA$215.1K).
Long Term Liabilities: FCC's short term assets (CA$7.4M) do not cover its long term liabilities (CA$9.4M).
Debt to Equity History and Analysis
Debt Level: FCC's debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: FCC's debt to equity ratio has increased from 0.01% to 3.2% over the past 5 years.
Inventory Level: FCC has a high level of physical assets or inventory.
Debt Coverage by Assets: FCC's debt is covered by short term assets (assets are 1.2x 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: FCC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FCC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -65.8% each year
What is First Cobalt's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FCC'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 FCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FCC'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 FCC'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
Trent Charles Mell (49yo)
Mr. Trent Charles Arthur Mell, B.C.L, LL.B., LL.M, has been Chief Executive Officer and President of First Cobalt Corp. since March 2017 and has been its Director since March 14, 2017. Mr. Mell is Presiden ...
CEO Compensation Analysis
Compensation vs Market: Trent Charles's total compensation ($USD720.68K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Trent Charles's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||1.3yrs||CA$227.46k||0.039% CA$21.6k|
|Special Advisor||0yrs||CA$332.62k||no data|
Experienced Management: FCC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||1.7yrs||CA$115.19k||0.022% CA$12.6k|
|Non-Executive Chairman||0.3yrs||CA$81.66k||0.12% CA$65.2k|
|Independent Director||1yrs||no data||no data|
|Independent Director||0.3yrs||no data||0.10% CA$58.0k|
Experienced Board: FCC's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FCC 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 48.7%.
First Cobalt Corp.'s company bio, employee growth, exchange listings and data sources
- Name: First Cobalt Corp.
- Ticker: FCC
- Exchange: TSXV
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$56.165m
- Shares outstanding: 387.35m
- Website: https://www.firstcobalt.com
- First Cobalt Corp.
- 140 Yonge Street
- Suite 201
- M5C 1X6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FCC||TSXV (TSX Venture Exchange)||Yes||Ordinary Shares||CA||CAD||Oct 2012|
|18P||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2012|
|FTSS.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2012|
|0UVX||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||CAD||Oct 2012|
First Cobalt Corp. engages in the acquisition and exploration of resource properties. The company’s principal project is the Iron Creek cobalt project that is situated in Idaho, the United States. It also holds land package in the Canadian Cobalt Camp covering approximately 100 km2; and operates a cobalt refinery in North America. The company was formerly known as Aurgent Resource Corp. and changed its name to First Cobalt Corp. in September 2016. First Cobalt Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:40|
|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.