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Grosvenor Resource

TSXV:GVR
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GVR
TSXV
CA$3M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Grosvenor Resource Corporation, a natural resource company, engages in the acquisition and exploration of mineral properties in Canada. The last earnings update was 58 days ago. More info.


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GVR Share Price and Events
7 Day Returns
0%
TSXV:GVR
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-
TSXV:GVR
-5.4%
CA Metals and Mining
0.9%
CA Market
GVR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Grosvenor Resource (GVR) 0% 9.1% 0% - -33.3% -53.8%
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • No trading data on GVR.
  • No trading data on GVR.
Price Volatility
GVR
Industry
5yr Volatility vs Market

GVR Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Grosvenor Resource. This is due to cash flow or dividend data being unavailable. The share price is CA$0.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Grosvenor Resource's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Grosvenor Resource's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:GVR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.04
TSXV:GVR Share Price ** TSXV (2019-02-26) in CAD CA$0.12
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Grosvenor Resource.

TSXV:GVR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:GVR Share Price ÷ EPS (both in CAD)

= 0.12 ÷ -0.04

-3.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grosvenor Resource is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Grosvenor Resource is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Grosvenor Resource's expected growth come at a high price?
Raw Data
TSXV:GVR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Grosvenor Resource, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Grosvenor Resource's assets?
Raw Data
TSXV:GVR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.10
TSXV:GVR Share Price * TSXV (2019-02-26) in CAD CA$0.12
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:GVR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:GVR Share Price ÷ Book Value per Share (both in CAD)

= 0.12 ÷ 0.10

1.14x

* Primary Listing of Grosvenor Resource.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grosvenor Resource is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Grosvenor Resource's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Grosvenor Resource has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GVR Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Grosvenor Resource expected to grow at an attractive rate?
  • Unable to compare Grosvenor Resource's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Grosvenor Resource's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Grosvenor Resource's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:GVR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:GVR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:GVR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 0 -1
2018-08-31 0 -1
2018-05-31 0 0
2018-02-28 0 0
2017-11-30 0 0
2017-08-31 0 0
2017-05-31 0 0
2017-02-28 0 0
2016-11-30 0 0
2016-08-31 0 0
2016-05-31 0 0
2016-02-29 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Grosvenor Resource is high growth as no earnings estimate data is available.
  • Unable to determine if Grosvenor Resource is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:GVR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Grosvenor Resource Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GVR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.04
2018-08-31 -0.04
2018-05-31 -0.02
2018-02-28 0.00
2017-11-30 0.00
2017-08-31 0.00
2017-05-31 0.01
2017-02-28 0.01
2016-11-30 0.01
2016-08-31 0.01
2016-05-31 -0.01
2016-02-29 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Grosvenor Resource will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Grosvenor Resource's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Grosvenor Resource's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Grosvenor Resource's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Grosvenor Resource has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GVR Past Performance

  How has Grosvenor Resource performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Grosvenor Resource's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Grosvenor Resource does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Grosvenor Resource's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Grosvenor Resource's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Grosvenor Resource's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Grosvenor Resource Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GVR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -0.99 0.71
2018-08-31 -1.16 0.70
2018-05-31 -0.43 0.69
2018-02-28 -0.09 0.35
2017-11-30 -0.08 0.32
2017-08-31 -0.03 0.29
2017-05-31 0.26 0.25
2017-02-28 0.33 0.22
2016-11-30 0.37 0.20
2016-08-31 0.31 0.18
2016-05-31 -0.27 0.18
2016-02-29 0.21 0.19
2015-11-30 0.26 0.18
2015-08-31 0.14 0.19
2015-05-31 0.32 0.16
2015-02-28 0.02 0.12
2014-11-30 0.09 0.11
2014-08-31 0.26 0.11
2014-05-31 -1.52 0.11
2014-02-28 -1.74 0.11
2013-11-30 -1.83 0.11
2013-08-31 -1.82 0.09
2013-05-31 -0.11 0.09
2013-02-28 -0.10 0.09
2012-11-30 -0.12 0.11
2012-08-31 -0.12 0.11
2012-05-31 -0.14 0.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Grosvenor Resource has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Grosvenor Resource has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Grosvenor Resource improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Grosvenor Resource's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Grosvenor Resource has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GVR Health

 How is Grosvenor Resource's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Grosvenor Resource's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Grosvenor Resource is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Grosvenor Resource has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Grosvenor Resource's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Grosvenor Resource has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Grosvenor Resource Company Filings, last reported 3 months ago.

TSXV:GVR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 2.82 0.00 2.79
2018-08-31 3.05 0.00 3.04
2018-05-31 3.84 0.00 3.37
2018-02-28 3.46 0.00 3.03
2017-11-30 3.47 0.00 3.01
2017-08-31 3.49 0.00 3.05
2017-05-31 3.64 0.00 3.21
2017-02-28 3.58 0.00 3.15
2016-11-30 3.81 0.00 3.38
2016-08-31 3.57 0.00 3.14
2016-05-31 3.57 0.00 3.15
2016-02-29 3.11 0.00 2.68
2015-11-30 3.18 0.00 2.92
2015-08-31 3.54 0.00 3.30
2015-05-31 4.32 0.00 4.06
2015-02-28 3.68 0.00 3.40
2014-11-30 3.49 0.00 3.23
2014-08-31 4.73 0.00 4.46
2014-05-31 4.37 0.00 4.11
2014-02-28 2.71 0.00 2.45
2013-11-30 2.03 0.00 1.80
2013-08-31 1.91 0.00 0.21
2013-05-31 3.67 0.00 0.23
2013-02-28 3.69 0.00 0.00
2012-11-30 3.72 0.00 0.04
2012-08-31 3.74 0.00 0.06
2012-05-31 3.77 0.00 0.08
  • Grosvenor Resource has no debt.
  • Grosvenor Resource has not taken on any debt in the past 5 years.
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.

  • Grosvenor Resource has sufficient cash runway for more than 3 years based on current free cash flow.
  • Grosvenor Resource has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 71.2% each year.
X
Financial health checks
We assess Grosvenor Resource's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Grosvenor Resource has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GVR Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Grosvenor Resource dividends.
If you bought CA$2,000 of Grosvenor Resource shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Grosvenor Resource's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Grosvenor Resource's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:GVR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Grosvenor Resource has not reported any payouts.
  • Unable to verify if Grosvenor Resource's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Grosvenor Resource's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Grosvenor Resource 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.
X
Income/ dividend checks
We assess Grosvenor Resource's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Grosvenor Resource afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Grosvenor Resource has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GVR Management

 What is the CEO of Grosvenor Resource's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ian Rozier
COMPENSATION CA$214,738
AGE 67
TENURE AS CEO 2.1 years
CEO Bio

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 Chief Executive Officer of Newport Exploration Ltd. since September 8, 1997. Mr. Rozier served as the Chief Executive Officer and President of Sennen Potash Corporation until August 25, 2017. He is a Professional Geologist with over 35 years experience in the mining industry. He co-founded Eastern Platinum Limited in 2003 and served as its Chief Executive Officer and President from September 2003 to January 31, 2016. He served as the Chief Executive Officer of Elgin Resources Inc., since September 7, 2006 and served as its President since September 2003. Mr. Rozier served as the Chief Executive Officer of Barplats Investments Ltd., a subsidiary of Eastern Platinum Limited since September 7, 2006 and served as its President. He served at Goldfields of South Africa. He served as a Consultant to several major mining companies until 1987. He worked for the Gold Fields group in both Canada and South Africa. He served as a Partner in the international consulting firm of Golder Associates working on mining projects in Australia, Canada, the UK, the US and in Central and South America. He formed his own consulting firm, Canex International Consultants, in 1987, prior to establishing two mining companies in South East Asia. Since 1992, Mr. Rozier has been involved in many capital raisings in Canada and Europe for mining projects in Australia, the Far East, South America as well as South Africa and is well known in the Canadian mining industry. He served as an Executive Chairman of Barplats Investments Ltd. since September 7, 2006. He served as the Chairman of Bear Lake Gold Ltd. until October 12, 2004 and its Director from 1993 to December 31, 2005. He has been a Director of Newport Exploration Ltd. since February 26, 1996 and Grosvenor Resource Corporation since July 29, 2016. He serves as a Director of Maximus Ventures Ltd. He served as a Director of Sennen Potash Corporation since July 22, 1996 until August 25, 2017. He served as a Non-Independent Director of Eastern Platinum Limited from September 5, 2003 to July 5, 2016. He served as an Executive Director of Barplats Investments Ltd. since July 19, 2006 and Elgin Resources Inc., since September 5, 2003. He served as Founding Director of Diamond Fields International. Mr. Rozier served as a Director of Reunion Gold Corporation from February 2004 to December 31, 2005 and Upland Resources Corp. since January 27, 2003. Mr. Rozier is a Professional Engineer.

CEO Compensation
  • Ian's compensation has increased whilst company is loss making.
  • Ian's remuneration is higher than average for companies of similar size in Canada.
Management Team

Ian Rozier

TITLE
President
COMPENSATION
CA$215K
AGE
67
TENURE
2.1 yrs

Tyler Friesen

TITLE
Corporate Secretary & CFO
COMPENSATION
CA$134K
AGE
34
TENURE
4.1 yrs
Board of Directors Tenure

Average tenure of the Grosvenor Resource board of directors in years:

2.1
Average Tenure
  • The average tenure for the Grosvenor Resource board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ian Rozier

TITLE
President
COMPENSATION
CA$215K
AGE
67
TENURE
2.1 yrs

Douglas Scheving

TITLE
Director
COMPENSATION
CA$37K
AGE
67
TENURE
11.1 yrs

Doug Hyndman

TITLE
Director
COMPENSATION
CA$37K
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Grosvenor Resource's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Grosvenor Resource has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GVR News

Simply Wall St News

Before You Buy Grosvenor Resource Corporation (CVE:GVR), Consider Its Volatility

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Can We See Significant Insider Ownership On The Grosvenor Resource Corporation (CVE:GVR) Share Register?

A look at the shareholders of Grosvenor Resource Corporation (CVE:GVR) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Grosvenor Resource is a smaller company with a market capitalization of CA$4m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Who Are The Largest Shareholders In Grosvenor Resource Corporation (CVE:GVR)?

In this analysis, my focus will be on developing a perspective on Grosvenor Resource Corporation’s (CVE:GVR) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … See our latest analysis for Grosvenor Resource

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GVR Company Info

Description

Grosvenor Resource Corporation, a natural resource company, engages in the acquisition and exploration of mineral properties in Canada. The company explores for gold, silver, copper, lead, and zinc ores, as well as base metals. It holds a 100% interests in the Powder property; and a 50% interests in the Mineral Hill property covering an area of 866.18 hectares located in southwestern British Columbia. The company was formerly known as Reva Resources Corp. and changed its name to Grosvenor Resource Corporation in August 2016. Grosvenor Resource Corporation was founded in 1995 and is headquartered in Vancouver, Canada.

Details
Name: Grosvenor Resource Corporation
GVR
Exchange: TSXV
Founded: 1995
CA$3,228,083
26,900,694
Website: http://www.gvrresource.com
Address: Grosvenor Resource Corporation
837 West Hastings Street,
Suite 501,
Vancouver,
British Columbia, V6C 3N6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GVR Common Shares TSX Venture Exchange CA CAD 10. Dec 1999
Number of employees
Current staff
Staff numbers
0
Grosvenor Resource employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:02
End of day share price update: 2019/02/26 00:00
Last earnings filing: 2019/01/24
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.