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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Orefinders Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Orefinders Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Orefinders 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 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Orefinders Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Orefinders Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Orefinders Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Orefinders Resources is high growth as no earnings estimate data is available.
Unable to determine if Orefinders Resources 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.
Orefinders Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Orefinders Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Orefinders Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Orefinders Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Orefinders Resources'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 108.2x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Stephen Alexander Nelson Stewart, MBA, MSRE, M.sc., has been the President of Xmet Inc. since December 15, 2013. Mr. Stewart has been the Chief Executive Officer and Secretary of Orefinders Resources Inc. since June 15, 2015 and since February 17, 2012. respectively. He served as the Vice President of Corporate Development and Secretary at Orefinders Resources Inc. since February 17, 2012. Mr. Stewart was responsible to provide corporate development advice to the Issuer, identify new financing opportunities, identify merger and acquisition opportunities and to make himself available for road shows and conferences. He anticipates devoting approximately 35% of his working time for the benefit of the Issuer. He has been President of 2287957 Ontario Inc., since January 1, 2010. Mr. Stewart served as Vice President of Corporate Development of Xmet Inc. since April 2011 until December 15, 2013. He was an Analyst at the Ontario Municipal Employee Retirement System from October 2009 to January 2010 and was a self-employed financial consultant for resource and real estate companies from April 2002 to December 2008. Mr. Stewart has been a Director of Xmet Inc. since December 15, 2013 and Orefinders Resources Inc. since February 6, 2015. He serves as Chief Executive Officer & Director at Power Ore Inc. Mr. Stewart acquired a BA from the University of Western Ontario, a M.Sc. from the University of Florida and an MBA from the University of Toronto.
Stephen's compensation has increased whilst company is loss making.
Stephen's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Orefinders Resources management team is less than 2 years, this suggests a new team.
CEO, Secretary & Director
Chief Financial Officer
VP of Exploration & Director
Manager of Corporate Development
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Orefinders Resources board of directors is about average.
Board of Directors
CEO, Secretary & Director
VP of Exploration & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Orefinders Resources insiders in the past 3 months, but not in substantial volumes.
What You Must Know About Orefinders Resources Inc's (CVE:ORX) Market Risks
If you're interested in Orefinders Resources Inc (CVE:ORX), 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. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Why Orefinders Resources Inc's (CVE:ORX) Ownership Structure Is Important
Today, I will be analyzing Orefinders Resources Inc’s (CVE:ORX) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … TSXV:ORX Ownership Summary August 10th 18
What Did Orefinders Resources Inc's (CVE:ORX) CEO Take Home Last Year?
Stephen Stewart is the CEO of Orefinders Resources Inc (CVE:ORX), which has recently grown to a market capitalization of CA$7.36m. … CEOs leading companies of similar size and profitability … Check out our latest analysis for Orefinders Resources
How Does Orefinders Resources Inc (TSXV:ORX) Affect Your Portfolio Returns?
See our latest analysis for ORX An interpretation of ORX's beta Orefinders Resources has a beta of 3.89, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … ORX, with its market capitalisation of CAD $3.52M, is a small-cap stock, which generally have higher beta than similar companies of larger size.
Orefinders Resources Inc. engages in the exploration, development, and production of gold assets in Canada. Its principal properties include the Mirado project that comprises 12 patented claims covering an area of 432 acres located to the southeast of the Town of Kirkland Lake in north-eastern Ontario; and the Knight project consisting of 14 patented leases and 79 mining claims on 2,200 hectares situated in the Knight and Tyrrell townships of Ontario. The company was founded in 2011 and is headquartered in Toronto, Canada.
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