TSXV:GVR

Stock Analysis Report

Grosvenor Resource

Executive Summary

Grosvenor Resource Corporation, a natural resource company, engages in the acquisition and exploration of mineral properties in Canada.


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Grosvenor Resource's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

n/a

GVR

4.7%

CA Metals and Mining

0.2%

CA Market


1 Year Return

n/a

GVR

4.8%

CA Metals and Mining

4.6%

CA Market

Return vs Industry: Insufficient data to determine how GVR performed against the Canadian Metals and Mining industry.

Return vs Market: Insufficient data to determine how GVR performed against the Canadian Market.


Shareholder returns

GVRIndustryMarket
7 Dayn/a4.7%0.2%
30 Dayn/a5.2%0.5%
90 Dayn/a13.4%4.0%
1 Yearn/a5.5%4.8%7.9%4.6%
3 Yearn/a-2.8%-4.4%17.8%7.2%
5 Yearn/a25.5%21.8%33.7%14.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Grosvenor Resource undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Grosvenor Resource is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Grosvenor Resource has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Grosvenor Resource's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Grosvenor Resource regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

14.1%

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 Grosvenor Resource 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 Grosvenor Resource performed over the past 5 years?

-53.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GVR has a high level of non-cash earnings.

Growing Profit Margin: GVR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GVR has become profitable over the past 5 years, growing earnings by -53.2% per year.

Accelerating Growth: GVR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GVR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: GVR's Return on Equity (0.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Grosvenor Resource's financial position?


Financial Position Analysis

Short Term Liabilities: GVR's short term assets (CA$3.3M) exceed its short term liabilities (CA$6.2K).

Long Term Liabilities: GVR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GVR is debt free.

Reducing Debt: GVR has not had any debt for past 5 years.


Balance Sheet

Inventory Level: GVR has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GVR'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: GVR is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: GVR is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Grosvenor Resource's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if GVR'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 GVR'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?

6.8yrs

Average board tenure


CEO

Ian Rozier (68yo)

3yrs

Tenure

CA$96,000

Compensation

Mr. Ian Terry Rozier, B.Sc. (Hons), M.Sc., P.Eng., has been the Chief Executive Officer, President and Director of Grosvenor Resource Corporation since February 2017. Mr. Rozier has been the President and  ...


Board Members

NamePositionTenureCompensationOwnership
Ian Rozier
President3yrsCA$96.00k27.82% CA$972.8k
Douglas Scheving
Director12yrsCA$12.00k0.070% CA$2.4k
Douglas Hyndman
Independent Director3yrsCA$12.00kno data
Harvey Kardos
Independent Director10.7yrsCA$12.00kno data

6.8yrs

Average Tenure

Experienced Board: GVR's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GVR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Grosvenor Resource Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grosvenor Resource Corporation
  • Ticker: GVR
  • Exchange: TSXV
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.497m
  • Shares outstanding: 26.90m
  • Website: https://www.gvrresource.com

Location

  • Grosvenor Resource Corporation
  • 2168 Marine Drive
  • Suite 202
  • West Vancouver
  • British Columbia
  • V7V 1K3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GVRTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 1999

Biography

Grosvenor Resource Corporation, a natural resource company, engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% interests in the Powder gold-silver property. The company was formerly known as Reva Resources Corp. and changed its name to Grosvenor Resource Corporation in August 2016. Grosvenor Resource Corporation was incorporated in 2004 and is headquartered in West Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:55
End of Day Share Price2020/02/06 00:00
Earnings2019/11/30
Annual Earnings2019/08/31


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.