TSXV:FURA

Stock Analysis Report

Executive Summary

Fura Gems Inc., a natural resource company, engages in the acquisition, exploration, and evaluation of properties in Colombia and Mozambique.

Snowflake

Fundamentals

Moderate growth potential and slightly overvalued.

Risks

  • Fura Gems has significant price volatility in the past 3 months.
  • Fura Gems is covered by less than 3 analysts.

Share Price & News

How has Fura Gems's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.0%

TSXV:FURA

-2.6%

CA Metals and Mining

1.2%

CA Market


1 Year Return

-47.2%

TSXV:FURA

21.7%

CA Metals and Mining

-0.1%

CA Market

FURA underperformed the Metals and Mining industry which returned 21.8% over the past year.

FURA underperformed the Market in Canada which returned -0.2% over the past year.


Share holder returns

FURAIndustryMarket
7 Day-5.0%-2.6%1.2%
30 Day-2.6%-1.5%4.0%
90 Day26.7%11.2%1.4%
1 Year-47.2%-47.2%22.7%21.7%3.4%-0.1%
3 Year26.7%26.7%-10.4%-12.1%19.3%8.6%
5 Year52.0%52.0%-0.7%-4.4%19.0%2.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Fura Gems's share price is below the future cash flow value, and at a moderate discount (> 20%).

Fura Gems's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

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

Fura Gems 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 Fura Gems, we can't assess if its growth is good value.


Price Based on Value of Assets

Fura Gems is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Fura Gems expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

103.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Fura Gems is high growth as no revenue estimate data is available.

Fura Gems's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Fura Gems's revenue growth to the Canada market average as no estimate data is available.

Fura Gems's earnings growth is expected to exceed the Canada market average.

Fura Gems's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Fura Gems is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Fura Gems performed over the past 5 years?

-71.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Fura Gems'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 Fura Gems 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 Fura Gems 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 Fura Gems 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 Fura Gems's financial position?


Financial Position Analysis

Fura Gems's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Fura Gems's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Fura Gems's level of debt (24.9%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Fura Gems's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.6x 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.

Fura Gems has less than a year of cash runway based on current free cash flow.

Fura Gems has less than a year of cash runway if free cash flow continues to grow at historical rates of 78.7% each year.


Next Steps

Dividend

What is Fura Gems's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Fura Gems has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Fura Gems 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 Fura Gems's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average management tenure


CEO

Dev Shetty (42yo)

2.7yrs

Tenure

CA$647,709

Compensation

Mr. Devidas Shetty, also known as Dev, serves as the Chief Operating Officer at Faberge. Mr. Shetty has been the Chief Executive Officer and President at Fura Emeralds Inc. since January 23, 2017 and respo ...


CEO Compensation Analysis

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

Dev's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.4yrs

Average Tenure

42yo

Average Age

The tenure for the Fura Gems management team is about average.


Board Age and Tenure

0.4yrs

Average Tenure

The average tenure for the Fura Gems board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$45,00004 Apr 19
Ashim Roy
EntityIndividual
Role
Chief Operating Officer
Vice President of Operations
Shares112,500
Max PriceCA$0.40
BuyCA$200,00003 Apr 19
Ashim Roy
EntityIndividual
Role
Chief Operating Officer
Vice President of Operations
Shares500,000
Max PriceCA$0.40

Ownership Breakdown


Management Team

  • Danson Tolman

    Vice President of Exploration

    • Tenure: 0yrs
  • Ryan Ptolemy (43yo)

    Chief Financial Officer

    • Tenure: 2.5yrs
    • Compensation: CA$18.00k
  • Dev Shetty (42yo)

    President

    • Tenure: 2.7yrs
    • Compensation: CA$647.71k
  • Michael Leahy

    Vice President of Communications

    • Tenure: 8.7yrs
  • Damian Lopez (36yo)

    Legal Counsel & Company Secretary

    • Tenure: 2.4yrs
  • Ashim Roy

    Vice President of Operations

    • Tenure: 2.3yrs
    • Compensation: CA$446.79k
  • Dibya Baral

    Director of Technical Services

    • Tenure: 1.3yrs
  • Rupak Sen

    Vice President of Marketing & Sales

    • Tenure: 1.8yrs
  • Amit Sharma

    Head of Geology - Mozambique

    • Tenure: 1.3yrs
  • Brad Scharfe

    Director of Investor Relations

    • Tenure: 0yrs

Board Members

  • Stan Bharti (67yo)

    Director

    • Tenure: 0.08yrs
  • Michael Kuan

    Director

    • Tenure: 0.08yrs
  • Dev Shetty (42yo)

    President

    • Tenure: 2.7yrs
    • Compensation: CA$647.71k
  • Gaurav Gupta

    Director

    • Tenure: 0.8yrs

Company Information

Fura Gems Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fura Gems Inc.
  • Ticker: FURA
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$25.681m
  • Shares outstanding: 135.16m
  • Website: https://www.furagems.com

Location

  • Fura Gems Inc.
  • 65 Queen Street West
  • Suite 800
  • Toronto
  • Ontario
  • M5H 2M5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FURATSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2007
BJ43DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2007
FUGM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2007

Biography

Fura Gems Inc., a natural resource company, engages in the acquisition, exploration, and evaluation of properties in Colombia and Mozambique. It owns an 80% interests in four ruby licenses in the Montepuez ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 01:05
End of Day Share Price2019/09/13 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.