Executive Summary
Nubian Resources Ltd. engages in the exploration and evaluation of mineral properties in the United States, Peru, and Australia. More Details
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Nubian Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBR is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: NBR's weekly volatility has decreased from 24% to 12% over the past year.
Market Performance
7 Day Return
-24.5%
NBR
-5.8%
CA Metals and Mining
-0.5%
CA Market
1 Year Return
361.1%
NBR
33.4%
CA Metals and Mining
1.6%
CA Market
Return vs Industry: NBR exceeded the Canadian Metals and Mining industry which returned 33.4% over the past year.
Return vs Market: NBR exceeded the Canadian Market which returned 1.6% over the past year.
Shareholder returns
| NBR | Industry | Market | |
|---|---|---|---|
| 7 Day | -24.5% | -5.8% | -0.5% |
| 30 Day | 1.2% | -2.1% | 3.4% |
| 90 Day | 3.8% | -4.0% | 13.2% |
| 1 Year | 361.1%361.1% | 34.5%33.4% | 5.3%1.6% |
| 3 Year | 107.5%107.5% | 36.0%33.1% | 13.1%2.3% |
| 5 Year | 8,200.0%8,200.0% | 175.5%166.8% | 66.0%40.5% |
Long-Term Price Volatility Vs. Market
How volatile is Nubian Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Nubian Resources Ltd. (CVE:NBR)?8 months ago | Simply Wall St
Does Nubian Resources Ltd. (CVE:NBR) Have A Particularly Volatile Share Price?10 months ago | Simply Wall St
Do Directors Own Nubian Resources Ltd. (CVE:NBR) Shares?Valuation
Is Nubian Resources undervalued compared to its fair value and its price relative to the market?
3.65x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NBR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NBR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NBR is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: NBR 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 NBR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBR is overvalued based on its PB Ratio (3.7x) compared to the CA Metals and Mining industry average (2.9x).
Next Steps
Future Growth
How is Nubian Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.6%
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 Nubian 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
- Examine Nubian Resources'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.
- Nubian Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Nubian Resources performed over the past 5 years?
-46.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBR is currently unprofitable.
Growing Profit Margin: NBR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NBR is unprofitable, and losses have increased over the past 5 years at a rate of 46.6% per year.
Accelerating Growth: Unable to compare NBR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NBR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (71.8%).
Return on Equity
High ROE: NBR has a negative Return on Equity (-20.94%), as it is currently unprofitable.
Next Steps
Financial Health
How is Nubian Resources's financial position?
Financial Position Analysis
Short Term Liabilities: NBR's short term assets (CA$4.7M) exceed its short term liabilities (CA$271.5K).
Long Term Liabilities: NBR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NBR is debt free.
Reducing Debt: NBR currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
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: NBR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NBR has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 41.1% each year.
Next Steps
Dividend
What is Nubian Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NBR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NBR'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 NBR'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?
1.3yrs
Average board tenure
CEO
Martin Walter (56 yo)
3.67yrs
Tenure
CA$339,000
Compensation
Mr. Martin J. Walter, M.B.A., B.Sc. (Geology), has been Director at International Prospect Ventures Ltd. since June 26, 2020 and serves as its President and Chief Executive Officer since June 2020. He has ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.67yrs | CA$339.00k | 6.29% CA$ 1.7m | |
| Independent Director | 1.33yrs | CA$70.51k | 0.19% CA$ 49.8k | |
| Independent Director | 10.42yrs | CA$68.11k | 0.88% CA$ 231.6k | |
| Independent Chairman of the Board | 10yrs | CA$76.91k | 6.47% CA$ 1.7m | |
| Independent Director | 0.25yr | no data | 0.21% CA$ 56.4k | |
| Independent Director | 1yr | CA$59.91k | no data | |
| Director | 0.083yr | no data | no data |
1.3yrs
Average Tenure
Experienced Board: NBR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NBR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 109.3%.
Top Shareholders
Company Information
Nubian Resources Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nubian Resources Ltd.
- Ticker: NBR
- Exchange: TSXV
- Founded: 2004
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$26.315m
- Shares outstanding: 63.41m
- Website: https://www.nubianr.com
Location
- Nubian Resources Ltd.
- 130 King Street West
- Suite 3680
- Toronto
- Ontario
- M5X 1B1
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NBR | TSXV (TSX Venture Exchange) | Yes | Class A Voting Common Shares | CA | CAD | May 2007 |
| IVHN | DB (Deutsche Boerse AG) | Yes | Class A Voting Common Shares | DE | EUR | May 2007 |
| ICSC.F | OTCPK (Pink Sheets LLC) | Yes | Class A Voting Common Shares | US | USD | May 2007 |
Biography
Nubian Resources Ltd. engages in the exploration and evaluation of mineral properties in the United States, Peru, and Australia. It explores for gold, silver, lead, and zinc deposits. The company holds a 1...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 23:16 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/10/31 |
| Annual Earnings | 2020/07/31 |
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.