TSXV:ORS

Stock Analysis Report

Executive Summary

Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Orestone Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

ORS

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

0%

ORS

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: ORS underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: ORS underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

ORSIndustryMarket
7 Day0%3.1%0.6%
30 Day5.3%3.5%1.0%
90 Day11.1%11.9%4.5%
1 Year0%0%5.4%4.7%8.6%5.3%
3 Year33.3%33.3%-4.3%-5.9%18.0%7.4%
5 Year100.0%100.0%24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Orestone Mining undervalued compared to its fair value and its price relative to the market?

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ORS is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.9%

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 Orestone Mining 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 Orestone Mining performed over the past 5 years?

19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ORS is currently unprofitable.

Growing Profit Margin: ORS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ORS is unprofitable, but has reduced losses over the past 5 years at a rate of 19.1% per year.

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

Earnings vs Industry: ORS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).


Return on Equity

High ROE: ORS has a negative Return on Equity (-22.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Orestone Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ORS's short term assets (CA$611.4K) exceed its short term liabilities (CA$285.4K).

Long Term Liabilities: ORS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ORS is debt free.

Reducing Debt: ORS had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if ORS'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: ORS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ORS has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.9% each year.


Next Steps

Dividend

What is Orestone Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.6yrs

Average management tenure


CEO

David Hottman (57yo)

8.7yrs

Tenure

CA$71,106

Compensation

Mr. David N. Hottman has been the Chief Executive Officer of Orestone Mining Corp. since June 20, 2011 and served as its President since June 20, 2011 until June 2019. Mr. Hottman served as the Chief Execu ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD53.62K) is below average for companies of similar size in the Canadian market ($USD154.33K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
David Hottman
Chairman & CEO8.7yrsCA$71.11k5.49% CA$154.8k
Mark Brown
Chief Financial Officer2.6yrsCA$32.20k0.035% CA$1.0k
Gary Nordin
Senior Consulting Geologist & Director8.7yrsno data0.089% CA$2.5k
W. D. Winfield
President & Director0.3yrsno datano data

2.6yrs

Average Tenure

57yo

Average Age

Experienced Management: ORS's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Hottman
Chairman & CEO8.7yrsCA$71.11k5.49% CA$154.8k
Gary Nordin
Senior Consulting Geologist & Director8.7yrsno data0.089% CA$2.5k
W. D. Winfield
President & Director0.3yrsno datano data
Robert Bruce Pease
Member of Advisory Board8.3yrsno datano data
Marc Blythe
Member of Advisory Board2.3yrsno datano data
James Anderson
Independent Director0.8yrsno data0.71% CA$20.0k
John Kanderka
Independent Director2.3yrsno datano data
Julia Aspillaga
Member of Advisory Board0yrsno datano data
Patrick Daniels
Independent Director1.8yrsno datano data

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: ORS's board of directors are not considered experienced ( 2.3 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: Insufficient data to determine if 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 60.2%.


Top Shareholders

Company Information

Orestone Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orestone Mining Corp.
  • Ticker: ORS
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.818m
  • Shares outstanding: 28.18m
  • Website: https://www.orestone.ca

Location

  • Orestone Mining Corp.
  • 325 Howe Street
  • Suite 407
  • Vancouver
  • British Columbia
  • V6C 1Z7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ORSTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2010
O2R2DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2010

Biography

Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. The company explores for gold and copper deposits. Its flagship property is the Captain project located in British Columbia. The company was incorporated in 2007 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:31
End of Day Share Price2020/02/20 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


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.