Jervois Global (TSXV:JRV) - Stock Price, News & Analysis

JRV Stock Overview

Engages in the exploration, development, and production of mineral properties.

JRV fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (CA$41M)

Has less than 1 year of cash runway

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

+ 1 more risk

Jervois Global Limited Competitors

Cerro de Pasco Resources

CNSX:CDPR

CA$53.9m

Silver X Mining

TSXV:AGX

CA$51.1m

Perimeter Medical Imaging AI

TSXV:PINK

CA$37.1m

Kenorland Minerals

TSXV:KLD

CA$55.6m

Price History & Performance

Summary of all time highs, changes and price drops for Jervois Global
Historical stock prices
Current Share Price	AU$0.015
52 Week High	AU$0.09
52 Week Low	AU$0.01
Beta	0.99
1 Month Change	-25.00%
3 Month Change	-40.00%
1 Year Change	-82.35%
3 Year Change	-96.77%
5 Year Change	n/a
Change since IPO	-90.32%

Recent updates

Shareholder Returns

	JRV	CA Metals and Mining	CA Market
7D	0%	1.0%	-0.04%
1Y	-82.4%	6.2%	10.3%

Return vs Industry: JRV underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.

Return vs Market: JRV underperformed the Canadian Market which returned 10.1% over the past year.

Price Volatility

Is JRV's price volatile compared to industry and market?
JRV volatility
JRV Average Weekly Movement	26.8%
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	8.8%
10% most volatile stocks in CA Market	17.9%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: JRV's share price has been volatile over the past 3 months.

Volatility Over Time: JRV's weekly volatility (27%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1962	n/a	Bryce Crocker	jervoisglobal.com

Jervois Global Limited engages in the exploration, development, and production of mineral properties. It explores for cobalt, nickel, copper, and gold deposits. The company holds 100% interest in the Idaho Cobalt Operations project located in the state of Idaho, the United States; the São Miguel Paulista nickel cobalt refinery in São Paulo, Brazil; and the Nico Young nickel-cobalt deposits in New South Wales, Australia.

Jervois Global Limited Fundamentals Summary

How do Jervois Global's earnings and revenue compare to its market cap?
JRV fundamental statistics
Market cap	CA$36.87m
Earnings (TTM)	-CA$343.81m
Revenue (TTM)	CA$265.84m

0.1x

P/S Ratio

-0.1x

P/E Ratio

Is JRV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JRV income statement (TTM)
Revenue	US$195.23m
Cost of Revenue	US$228.85m
Gross Profit	-US$33.61m
Other Expenses	US$218.87m
Earnings	-US$252.49m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.093
Gross Margin	-17.22%
Net Profit Margin	-129.33%
Debt/Equity Ratio	96.6%

How did JRV perform over the long term?

See historical performance and comparison

JRV Stock Overview

Rewards

Risk Analysis

Jervois Global Limited Competitors

CNSX:CDPR

CA$53.9m

TSXV:AGX

CA$51.1m

TSXV:PINK

CA$37.1m

TSXV:KLD

CA$55.6m

Price History & Performance

Recent News & Updates

Jervois Global Limited Provides Earnings Guidance for the First Quarter and Year 2024

Jervois Global Limited to Report Q1, 2024 Results on Apr 30, 2024

Jervois Global Limited, Annual General Meeting, May 03, 2024

Jervois Global Limited, Annual General Meeting, May 03, 2024

Full year 2023 earnings released: US$0.11 loss per share (vs US$0.035 loss in FY 2022)

New major risk - Revenue and earnings growth

Recent updates

Jervois Global Limited Provides Earnings Guidance for the First Quarter and Year 2024

Jervois Global Limited to Report Q1, 2024 Results on Apr 30, 2024

Jervois Global Limited, Annual General Meeting, May 03, 2024

Jervois Global Limited, Annual General Meeting, May 03, 2024

Full year 2023 earnings released: US$0.11 loss per share (vs US$0.035 loss in FY 2022)

New major risk - Revenue and earnings growth

Jervois Global Limited Reports Results from its Inaugural Sunshine Drilling Campaign At its Idaho Cobalt Operations in Idaho, United States

Jervois Global Limited Commences its Underground Resource Extension Programme at RAM Deposit

New major risk - Revenue and earnings growth

Jervois Global Limited to Report Q3, 2023 Results on Oct 26, 2023

New major risk - Financial position

First half 2023 earnings released: US$0.045 loss per share (vs US$0.002 profit in 1H 2022)

New minor risk - Profitability

No longer forecast to breakeven

Price target decreased by 68% to CA$0.09

Jervois Global Limited announced that it expects to receive $25 million in funding from Millstreet Capital Management LLC

New minor risk - Market cap size

Now 25% undervalued after recent price drop

Forecast breakeven date pushed back to 2025

Independent Non-Executive Chairman recently bought CA$204k worth of stock

Now 30% undervalued after recent price drop

Forecast breakeven date pushed back to 2024

Jervois Global Limited Announces Expansion Drilling Consolidates Ram Deposit Extension At ICO

Jervois Global Limited Receives All Results from an In-Fill Drilling Program at its Idaho Cobalt Operations ("Ico") in Idaho, United States

Jervois Drilling Confirms RAM Deposit Expansion at ICO

CEO & Executive Director recently sold CA$1.5m worth of stock

Jervois Global Limited has completed a Follow-on Equity Offering in the amount of AUD 230.679467 million.

Forecast breakeven date moved forward to 2022

Less than half of directors are independent

Jervois Global Limited Appoints Daniela Chimisso Dos Santos as Non-Executive Director, Effective from 1 December 2022

Forecast breakeven date pushed back to 2023

Jervois Global Limited Appoints Carlos Braga as President

Jervois Global Limited Commences Commissioning at ICO in U.S

Jervois Global Limited Receives Environmental Approval for SMP Stage 1 Construction

Forecast breakeven date pushed back to 2023

Jervois Mining Limited (ASX:JRV) agreed to acquire São Miguel Paulista Nickel and Cobalt Refinery in Brazil of Companhia Brasileira de Alumínio.

Jervois Global Limited Provides an Update on Progress At Its Idaho Cobalt Operations ("ICO") in Idaho, United States

Jervois Global Limited Commits Further USD 3.6 Million to ICO Drilling

Jervois Global Limited Appoints Alicia Brown as Group Manager, External Affairs

Jervois Global Limited Commences BFS for Refinery Expansion At Kokkola

First quarter 2022 earnings released: EPS: AU$0.002 (vs AU$0.006 loss in 1Q 2021)

Less than half of directors are independent

Jervois Global Limited, Annual General Meeting, May 06, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Jervois Global Limited Provides Sales Volume Guidance for the Year 2022

Jervois Global Limited Approves Underground Drilling Campaign at Idaho Cobalt Operations in Idaho, United States

Jervois Global Limited Provides Update on Progress on Construction At Its Idaho Cobalt Operations in Idaho, United States

Jervois Global Limited Advances Construction At Idaho Cobalt Operations

Less than half of directors are independent

Less than half of directors are independent

Jervois Mining Limited (ASX:JRV) completed the acquisition of Freeport Cobalt Oy, Freeport Cobalt Americas LLC, Freeport Cobalt Europe GmbH, Freeport Cobalt Japan Inc. and Freeport Cobalt Trading (Shanghai) Co., Ltd. from Koboltti Chemicals Holdings Limited.

Second quarter 2021 earnings released: AU$0.009 loss per share (vs AU$0.004 loss in 2Q 2020)

Forecast breakeven moved forward to 2022

Jervois Global Limited has completed a Follow-on Equity Offering in the amount of AUD 135.118118 million.

Price target increased to CA$1.00

Jervois Mining Limited Receives Approval for the Idaho Tax Reimbursement Incentive for Its 100%-Owned Idaho Cobalt Operations in the United States

First quarter 2021 earnings released: AU$0.006 loss per share (vs AU$0.003 loss in 1Q 2020)

New 90-day high: CA$0.54

Jadar Resources Limited (ASX:JDR) has signed an agreement to acquire Khartoum Tin Silver Tungsten Project from Jervois Mining Limited (ASX:JRV) for AUD 0.3 million.