Executive Summary
Robex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits.
Risk Analysis
Snowflake Analysis
Excellent balance sheet with questionable track record.
Share Price & News
How has Robex Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RBX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
RBX
-5.1%
CA Metals and Mining
4.5%
CA Market
1 Year Return
156.3%
RBX
-10.8%
CA Metals and Mining
-24.5%
CA Market
Return vs Industry: RBX exceeded the Canadian Metals and Mining industry which returned -10.8% over the past year.
Return vs Market: RBX exceeded the Canadian Market which returned -26% over the past year.
Shareholder returns
| RBX | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -5.1% | 4.5% |
| 30 Day | 5.1% | -9.2% | -20.1% |
| 90 Day | 46.4% | -17.5% | -24.9% |
| 1 Year | 184.0%156.3% | -10.1%-10.8% | -22.0%-24.5% |
| 3 Year | 184.0%156.3% | -18.6%-20.1% | -14.2%-22.2% |
| 5 Year | 202.9%173.3% | 4.7%1.7% | -1.9%-16.5% |
Price Volatility Vs. Market
How volatile is Robex Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why You Should Like Robex Resources Inc.’s (CVE:RBX) ROCE1 month ago | Simply Wall St
Here's Why Robex Resources (CVE:RBX) Has A Meaningful Debt Burden1 month ago | Simply Wall St
What Kind Of Shareholders Own Robex Resources Inc. (CVE:RBX)?Valuation
Is Robex Resources undervalued compared to its fair value and its price relative to the market?
33.38x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RBX (CA$0.21) is trading above our estimate of fair value (CA$0.02)
Significantly Below Fair Value: RBX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RBX is poor value based on its PE Ratio (33.4x) compared to the Metals and Mining industry average (12.1x).
PE vs Market: RBX is poor value based on its PE Ratio (33.4x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RBX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RBX is overvalued based on its PB Ratio (2x) compared to the CA Metals and Mining industry average (1.1x).
Next Steps
Future Growth
How is Robex Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.3%
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 Robex 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 Robex 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.
- Robex 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 Robex Resources performed over the past 5 years?
49.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBX has high quality earnings.
Growing Profit Margin: RBX's current net profit margins (4.3%) are lower than last year (25.6%).
Past Earnings Growth Analysis
Earnings Trend: RBX has become profitable over the past 5 years, growing earnings by 49.8% per year.
Accelerating Growth: RBX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RBX had negative earnings growth (-81.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (16.5%).
Return on Equity
High ROE: RBX's Return on Equity (4.6%) is considered low.
Next Steps
Financial Health
How is Robex Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RBX's short term assets (CA$22.4M) exceed its short term liabilities (CA$19.9M).
Long Term Liabilities: RBX's short term assets (CA$22.4M) exceed its long term liabilities (CA$16.9M).
Debt to Equity History and Analysis
Debt Level: RBX's debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: RBX's debt to equity ratio has reduced from 192.1% to 39% over the past 5 years.
Debt Coverage: RBX's debt is well covered by operating cash flow (119.3%).
Interest Coverage: RBX's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Inventory Level: RBX has a high level of physical assets or inventory.
Debt Coverage by Assets: RBX's debt is not covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Robex Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RBX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RBX'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 RBX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RBX'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 RBX'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?
6.8yrs
Average management tenure
CEO
Benjamin Cohen
1
Tenure
CA$243,600
Compensation
Mr. Benjamin Cohen began his career as captain of a yacht and sailing team in international competitions at Olympic level, this gave him a great team spirit and sense of competition. Mr. Cohen serves as Pr ...
CEO Compensation Analysis
Compensation vs Market: Benjamin's total compensation ($USD173.09K) is about average for companies of similar size in the Canadian market ($USD159.52K).
Compensation vs Earnings: Benjamin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & President | 6.67yrs | CA$966.22k | 59.3% CA$70.5m | |
| CEO & Director | 1yr | CA$243.60k | 3.12% CA$3.7m | |
| CFO & COO | 6.83yrs | CA$313.89k | 0.047% CA$55.3k | |
| Director of Legal Affairs & Human Resources | 6.25yrs | CA$390.18k | no data | |
| Director of Financial Affairas & Director | 7yrs | CA$335.60k | 3.55% CA$4.2m | |
| General Manager of Nampala Mine | no data | CA$320.96k | no data | |
| Vice President of Administration | no data | no data | no data | |
| Executive Officer of Investor Relations and Director Communications | 13.42yrs | no data | no data | |
| Chief of Mining Operations | no data | no data | no data | |
| Advisor to the Board | 9.83yrs | no data | no data |
6.8yrs
Average Tenure
Experienced Management: RBX's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & President | 6.67yrs | CA$966.22k | 59.3% CA$70.5m | |
| CEO & Director | 1yr | CA$243.60k | 3.12% CA$3.7m | |
| Director of Financial Affairas & Director | 7yrs | CA$335.60k | 3.55% CA$4.2m | |
| Vice Chairman of the Board | 7.17yrs | CA$28.50k | 0.28% CA$337.6k | |
| Independent Director | 8.83yrs | CA$17.10k | no data | |
| Independent Director | 12.17yrs | CA$20.60k | 0.17% CA$205.6k | |
| Independent Director | 10yrs | CA$19.20k | 0.41% CA$484.8k |
7.2yrs
Average Tenure
Experienced Board: RBX's board of directors are considered experienced (7.2 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Robex Resources Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Robex Resources Inc.
- Ticker: RBX
- Exchange: TSXV
- Founded: 1985
- Industry: Gold
- Sector: Materials
- Market Cap: CA$118.953m
- Shares outstanding: 580.26m
- Website: https://www.robexgold.com
Location
- Robex Resources Inc.
- 437, Grande Allée Est
- Suite 100
- Québec
- Quebec
- G1R 2J5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RBX | TSXV (TSX Venture Exchange) | Yes | Common Stock | CA | CAD | Aug 1988 |
| RB4 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1988 |
| RSRB.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Aug 1988 |
Biography
Robex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits. The company operates the Nampala mining permit located in southern Mali. It also holds four exploration permits, including Mininko and Kamasso exploration permits located in southern Mali; and Sanoula and Kolomba exploration permits situated in west Mali. The company was founded in 1985 and is headquartered in Québec, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 00:32 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.