TSXV:HUD

Stock Analysis Report

Executive Summary

Hudson Resources Inc., a pre-commercial production stage mineral company, engages in the acquisition, exploration, and development of mineral properties.

Risk Analysis

Earnings have declined by -18.56% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

+ 1 more risk


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Hudson Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

HUD

0.2%

CA Metals and Mining

-0.4%

CA Market


1 Year Return

-32.9%

HUD

22.8%

CA Metals and Mining

10.5%

CA Market

Return vs Industry: HUD underperformed the Canadian Metals and Mining industry which returned 22.8% over the past year.

Return vs Market: HUD underperformed the Canadian Market which returned 10.5% over the past year.


Shareholder returns

HUDIndustryMarket
7 Day0%0.2%-0.4%
30 Day-10.9%1.3%0.8%
90 Day-26.9%-3.3%1.7%
1 Year-32.9%-32.9%23.8%22.8%14.1%10.5%
3 Year-26.0%-26.0%6.7%4.7%16.1%5.6%
5 Year-1.7%-1.7%34.6%30.4%41.2%20.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Hudson Resources undervalued compared to its fair value and its price relative to the market?

3.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HUD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HUD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HUD is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: HUD 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 HUD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HUD is overvalued based on its PB Ratio (3.1x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

19.2%

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 Hudson Resources 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 Hudson Resources performed over the past 5 years?

-18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUD is currently unprofitable.

Growing Profit Margin: HUD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HUD is unprofitable, and losses have increased over the past 5 years at a rate of -18.6% per year.

Accelerating Growth: Unable to compare HUD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HUD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.9%).


Return on Equity

High ROE: HUD has a negative Return on Equity (-56.33%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hudson Resources's financial position?


Financial Position Analysis

Short Term Liabilities: HUD's short term assets (CA$5.0M) exceed its short term liabilities (CA$3.0M).

Long Term Liabilities: HUD's short term assets (CA$5.0M) do not cover its long term liabilities (CA$38.7M).


Debt to Equity History and Analysis

Debt Level: HUD's debt to equity ratio (226.2%) is considered high.

Reducing Debt: Insufficient data to determine if HUD's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: HUD has a high level of physical assets or inventory.

Debt Coverage by Assets: HUD's debt is not covered by short term assets (assets are 0.1x 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: HUD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HUD has less than a year of cash runway if free cash flow continues to reduce at historical rates of -26.4% each year


Next Steps

Dividend

What is Hudson Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if HUD'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 HUD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

1.6yrs

Average board tenure


CEO

Hudson Resources has no CEO, or we have no data on them.


Board Age and Tenure

1.6yrs

Average Tenure

Experienced Board: HUD's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellCA$7,700,00013 Sep 19
Apex Asset Management Corp
EntityCompany
Shares17,500,000
Max PriceCA$0.44
BuyCA$696,75623 Jan 19
Robert Shields
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,604,000
Max PriceCA$0.44

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.5%.


Management Team

  • Sam Yik (54yo)

    CFO & Secretary

    • Tenure: 1.5yrs
    • Compensation: CA$248.71k
  • Jim Cambon

    President & Director

    • Tenure: 1.5yrs
    • Compensation: CA$320.00k
  • Jerry Janik

    Vice President of Operations

    • Tenure: 0yrs

Board Members

  • Herb Wilson (69yo)

    Independent Director

    • Tenure: 7.1yrs
    • Compensation: CA$20.00k
  • John McDonald

    Independent Director

    • Tenure: 9.7yrs
    • Compensation: CA$20.00k
  • Jim Cambon

    President & Director

    • Tenure: 1.5yrs
    • Compensation: CA$320.00k
  • John McConnell

    Independent Director

    • Tenure: 9.9yrs
    • Compensation: CA$20.00k
  • Flemming Knudsen

    Chairman

    • Tenure: 1.6yrs
    • Compensation: CA$40.00k
  • Rob Shields

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: CA$16.67k
  • David Frattaroli

    Independent Director

    • Tenure: 0.8yrs
    • Compensation: CA$3.33k

Company Information

Hudson Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hudson Resources Inc.
  • Ticker: HUD
  • Exchange: TSXV
  • Founded: 2000
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$49.058m
  • Shares outstanding: 178.39m
  • Website: https://www.hudsonresourcesinc.com

Location

  • Hudson Resources Inc.
  • 1639 West 2nd Avenue
  • Suite 420
  • Vancouver
  • British Columbia
  • V6J 1H3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUDTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2001
HR5DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2001
HUDR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2001
0V0ELSE (London Stock Exchange)YesCommon SharesGBCADFeb 2001

Biography

Hudson Resources Inc., a pre-commercial production stage mineral company, engages in the acquisition, exploration, and development of mineral properties. It has two exploration licenses (ELs) in Greenland, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/06 23:42
End of Day Share Price2019/12/06 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.