Loading...

Orestone Mining

TSXV:ORS
Snowflake Description

Mediocre balance sheet with weak fundamentals.

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

Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 112 days ago. More info.


Add to Portfolio Compare Print
  • Orestone Mining has significant price volatility in the past 3 months.
ORS Share Price and Events
7 Day Returns
-6.1%
TSXV:ORS
-2.4%
CA Metals and Mining
0.6%
CA Market
1 Year Returns
72.2%
TSXV:ORS
-7.1%
CA Metals and Mining
3.6%
CA Market
ORS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Orestone Mining (ORS) -6.1% 29.2% 63.2% 72.2% 106.7% 55%
CA Metals and Mining -2.4% -0.5% 8.7% -7.1% -4.2% -18.2%
CA Market 0.6% 1.9% 8.1% 3.6% 14.8% 6.7%
1 Year Return vs Industry and Market
  • ORS outperformed the Metals and Mining industry which returned -7.1% over the past year.
  • ORS outperformed the Market in Canada which returned 3.6% over the past year.
Price Volatility
ORS
Industry
5yr Volatility vs Market

Value

 Is Orestone Mining 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 Orestone Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.155.
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 Orestone Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Orestone Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ORS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.03
TSXV:ORS Share Price ** TSXV (2019-04-18) in CAD CA$0.16
Canada Metals and Mining Industry PE Ratio Median Figure of 113 Publicly-Listed Metals and Mining Companies 13.52x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 15.17x

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

** Primary Listing of Orestone Mining.

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

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

= 0.16 ÷ -0.03

-5.16x

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

  • Orestone Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Orestone Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Orestone Mining's expected growth come at a high price?
Raw Data
TSXV:ORS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.16x
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 33 Publicly-Listed Metals and Mining Companies 0.79x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Orestone Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Orestone Mining's assets?
Raw Data
TSXV:ORS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.10
TSXV:ORS Share Price * TSXV (2019-04-18) in CAD CA$0.16
Canada Metals and Mining Industry PB Ratio Median Figure of 1,082 Publicly-Listed Metals and Mining Companies 1.35x
Canada Market PB Ratio Median Figure of 2,370 Publicly-Listed Companies 1.51x
TSXV:ORS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.16 ÷ 0.10

1.48x

* Primary Listing of Orestone Mining.

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

  • Orestone Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Orestone Mining'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. Orestone Mining has a total score of 0/6, 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.

Future Performance

 How is Orestone Mining 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 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 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
36.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Orestone Mining expected to grow at an attractive rate?
  • Unable to compare Orestone Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Orestone Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Orestone Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ORS Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 36.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:ORS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:ORS Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0
2016-10-31 0 -2
2016-07-31 0 -2
2016-04-30 0 -2
2016-01-31 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Orestone Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Orestone Mining 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:ORS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Orestone Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ORS Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.03
2018-07-31 -0.03
2018-04-30 -0.03
2018-01-31 -0.03
2017-10-31 -0.02
2017-07-31 -0.02
2017-04-30 -0.02
2017-01-31 -0.01
2016-10-31 -0.32
2016-07-31 -0.32
2016-04-30 -0.32
2016-01-31 -0.33

*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 Orestone Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ORS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Orestone Mining'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. Orestone Mining'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 Orestone Mining'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.
Orestone Mining 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.

Past Performance

  How has Orestone Mining 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 Orestone Mining'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.
  • Orestone Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Orestone Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Orestone Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Orestone Mining'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 Orestone Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ORS Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -0.36 0.29
2018-07-31 -0.31 0.24
2018-04-30 -0.26 0.20
2018-01-31 -0.22 0.18
2017-10-31 -0.16 0.13
2017-07-31 -0.15 0.13
2017-04-30 -0.14 0.13
2017-01-31 -0.10 0.14
2016-10-31 -2.40 0.15
2016-07-31 -2.42 0.17
2016-04-30 -2.44 0.18
2016-01-31 -2.53 0.21
2015-10-31 -0.26 0.21
2015-07-31 -0.34 0.23
2015-04-30 -0.37 0.25
2015-01-31 -0.38 0.27
2014-10-31 -0.39 0.29
2014-07-31 -0.38 0.32
2014-04-30 -0.44 0.39
2014-01-31 -0.57 0.49
2013-10-31 -0.72 0.68
2013-07-31 -0.72 0.66
2013-04-30 -0.68 0.63
2013-01-31 -0.64 0.61
2012-10-31 -0.76 0.59
2012-07-31 -0.93 0.64
2012-04-30 -1.06 0.60

*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 Orestone Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Orestone Mining 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 Orestone Mining 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 Orestone Mining'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.
Orestone Mining 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.

Health

 How is Orestone Mining'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 Orestone Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Orestone Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Orestone Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Orestone Mining'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.
  • High level of physical assets or inventory.
  • Orestone Mining 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 Orestone Mining Company Filings, last reported 5 months ago.

TSXV:ORS Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 1.31 0.00 0.01
2018-07-31 1.38 0.00 0.12
2018-04-30 1.35 0.00 0.08
2018-01-31 1.42 0.00 0.11
2017-10-31 1.47 0.00 0.13
2017-07-31 1.29 0.05 0.01
2017-04-30 1.34 0.00 0.02
2017-01-31 1.37 0.00 0.00
2016-10-31 1.41 0.00 0.05
2016-07-31 1.45 0.00 0.06
2016-04-30 1.47 0.00 0.15
2016-01-31 1.47 0.00 0.11
2015-10-31 3.81 0.00 0.02
2015-07-31 3.86 0.00 0.04
2015-04-30 3.91 0.00 0.08
2015-01-31 4.00 0.00 0.15
2014-10-31 4.06 0.00 0.15
2014-07-31 4.20 0.00 0.26
2014-04-30 4.28 0.00 0.39
2014-01-31 4.35 0.00 0.45
2013-10-31 4.42 0.00 0.57
2013-07-31 4.51 0.00 0.87
2013-04-30 4.47 0.00 0.69
2013-01-31 4.61 0.00 1.04
2012-10-31 4.81 0.09 1.86
2012-07-31 3.01 0.09 0.02
2012-04-30 3.09 0.09 0.05
  • Orestone Mining has no debt.
  • Orestone Mining had no debt 5 years ago.
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.

  • Orestone Mining has less than a year of cash runway based on current free cash flow.
  • Orestone Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.6% each year.
X
Financial health checks
We assess Orestone Mining'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. Orestone Mining has a total score of 3/6, 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.

Dividends

 What is Orestone Mining'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 Orestone Mining dividends.
If you bought CA$2,000 of Orestone Mining 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 Orestone Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Orestone Mining'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:ORS 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 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
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 Orestone Mining has not reported any payouts.
  • Unable to verify if Orestone Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Orestone Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Orestone Mining 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 Orestone Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Orestone Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Orestone Mining 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.

Management

 What is the CEO of Orestone Mining'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
David Hottman
COMPENSATION CA$67,200
AGE 56
TENURE AS CEO 7.8 years
CEO Bio

Mr. David N. Hottman has been the Chief Executive Officer and President of Orestone Mining Corp. since June 20, 2011. Mr. Hottman served as the Chief Executive Officer of Galileo Petroleum Ltd. from August 1, 2008 to January 11, 2017. He served as President of Galileo Petroleum Ltd. since August 1, 2008. He has over 20 years of experience in the mineral exploration and mining sector in both management and in corporate finance. Mr. Hottman served as the Chairman of the Board of Galileo Petroleum Ltd. until May 10, 2017. He served as Chairman of Nevada Pacific Gold Ltd. from February 2002 to March 26, 2007 and as its Chief Executive Officer and President from August 31, 2005 to April 10, 2007. He served as Interim Chief Executive Officer and Interim President of Nevada Pacific Gold Ltd. since August 31, 2005, which he founded. As Chairman of Nevada Pacific, Mr. Hottman was responsible for the co-ordination of the Board of Directors and corporate financing. He served as Chairman, Chief Executive Officer and President of Elkhorn Gold Mining Corp. until July 18, 2001. He was a Founding Team Member of HRC Development Corporation and Eldorado Gold Corporation. He serves as Chairman of the Board of Galileo Minerals. He has been Director of Orestone Mining Corp. since June 20, 2011. He served as a Non Independent Director of Galileo Petroleum Ltd. from August 2000 to May 10, 2017. He served as a Non-Independent Director of Nevada Pacific Gold Ltd. from March 11, 1997 to March 26, 2007. He served as a Director of Eldorado Gold Corporation. Mr. Hottman served as a Director of Gateway Enterprises Ltd. (Former Name: Portal De Oro Resources Ltd.) since March 15, 2004.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year.
  • David's remuneration is lower than average for companies of similar size in Canada.
Management Team

David Hottman

TITLE
Chairman
COMPENSATION
CA$67K
AGE
56
TENURE
7.8 yrs

Mark Brown

TITLE
Chief Financial Officer
COMPENSATION
CA$28K
AGE
50
TENURE
1.8 yrs

Gary Nordin

TITLE
Senior Consulting Geologist & Director
AGE
70
Board of Directors Tenure

Average tenure and age of the Orestone Mining board of directors in years:

1.4
Average Tenure
58.5
Average Age
  • The average tenure for the Orestone Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Hottman

TITLE
Chairman
COMPENSATION
CA$67K
AGE
56

Gary Nordin

TITLE
Senior Consulting Geologist & Director
AGE
70
TENURE
7.8 yrs

John Kanderka

TITLE
Independent Director
TENURE
1.4 yrs

Rob Pease

TITLE
Member of Advisory Board
AGE
61
TENURE
7.5 yrs

Marc Blythe

TITLE
Member of Advisory Board
AGE
48
TENURE
1.4 yrs

Julia Aspillaga

TITLE
Independent Director
TENURE
1 yrs

Patrick Daniels

TITLE
Independent Director
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • Orestone Mining insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Mar 19 Sell David Hottman Individual 14. Mar 19 21. Mar 19 -414,000 CA$0.14 CA$-55,259
19. Mar 19 Sell Mark Brown Individual 18. Mar 19 19. Mar 19 -50,000 CA$0.14 CA$-6,602
14. Jan 19 Buy Mark Brown Individual 11. Jan 19 11. Jan 19 10,000 CA$0.12 CA$1,150
17. Dec 18 Buy Mark Brown Individual 14. Dec 18 17. Dec 18 10,000 CA$0.10 CA$1,000
26. Nov 18 Buy Mark Brown Individual 26. Nov 18 26. Nov 18 5,000 CA$0.13 CA$625
21. Nov 18 Buy Mark Brown Individual 07. Nov 18 20. Nov 18 25,000 CA$0.13 CA$3,239
10. Jul 18 Buy David Hottman Individual 15. Jun 18 15. Jun 18 100,000 CA$0.10 CA$10,000
20. Jun 18 Buy Discovery Resource Corporation Company 15. Jun 18 15. Jun 18 100,000 CA$0.10 CA$10,000
19. Jun 18 Buy Pacific Opportunity Capital Ltd, Asset management Arm Company 15. Jun 18 15. Jun 18 50,000 CA$0.10 CA$5,000
X
Management checks
We assess Orestone Mining'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. Orestone Mining 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.

News

Simply Wall St News

One Thing To Remember About The Orestone Mining Corp. (CVE:ORS) Share Price

(CVE:ORS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility).

Simply Wall St -

Does Orestone Mining Corp's (CVE:ORS) CEO Pay Matter?

Profitability of a company is a strong indication of ORS's ability to generate returns on shareholders' funds through corporate activities. … In the past year, ORS delivered negative earnings of -CA$158.14K. … Usually I'd use market cap and profit as factors determining performance, however, ORS's negative earnings lower the effectiveness of this method.

Simply Wall St -

How Orestone Mining Corp (CVE:ORS) Can Impact Your Portfolio Volatility

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a beta of 2.28, Orestone Mining is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of CA$923.69K, ORS falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

Simply Wall St -

Is Orestone Mining Corp's (CVE:ORS) CEO Being Overpaid?

See our latest analysis for Orestone Mining What has ORS's performance been like? … Typically I'd use market cap and profit as factors determining performance, however, ORS's negative earnings reduces the effectiveness of this method. … To find out more about ORS's governance, look through our infographic report of the company's board and management.

Simply Wall St -

What Are The Drivers Of Orestone Mining Corp's (TSXV:ORS) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … How ORS's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … As a result, this aspect of ORS indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.

Simply Wall St -

What You Must Know About Orestone Mining Corp's (TSXV:ORS) Financial Strength

Check out our latest analysis for Orestone Mining How does ORS’s operating cash flow stack up against its debt? … In the case of ORS, operating cash flow turned out to be -1.03x its debt level over the past twelve months. … ORS’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Company Info

Description

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

Details
Name: Orestone Mining Corp.
ORS
Exchange: TSXV
Founded: 2007
CA$1,951,105
12,587,775
Website: http://www.orestone.ca
Address: Orestone Mining Corp.
885 West Georgia Street,
19th Floor,
Vancouver,
British Columbia, V6C 3H4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ORS Common Shares TSX Venture Exchange CA CAD 03. Jun 2010
DB O2R2 Common Shares Deutsche Boerse AG DE EUR 03. Jun 2010
Number of employees
Current staff
Staff numbers
0
Orestone Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:24
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/12/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/01/31


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.