Executive Summary
Robex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with outstanding 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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RBX's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-2.3%
RBX
4.4%
CA Metals and Mining
1.0%
CA Market
1 Year Return
100.0%
RBX
39.0%
CA Metals and Mining
39.2%
CA Market
Return vs Industry: RBX exceeded the Canadian Metals and Mining industry which returned 39% over the past year.
Return vs Market: RBX exceeded the Canadian Market which returned 39.2% over the past year.
Shareholder returns
| RBX | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | 4.4% | 1.0% |
| 30 Day | -3.4% | 3.9% | 1.3% |
| 90 Day | -1.1% | -1.6% | 8.1% |
| 1 Year | 118.4%100.0% | 40.4%39.0% | 44.0%39.2% |
| 3 Year | 478.1%377.8% | 52.4%49.0% | 32.2%19.6% |
| 5 Year | 246.9%186.7% | 70.7%65.4% | 59.4%35.3% |
Long-Term 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
4 weeks ago | Simply Wall St
Have Robex Resources Inc. (CVE:RBX) Insiders Been Selling Their Stock?1 month ago | Simply Wall St
Did Robex Resources Inc. (CVE:RBX) Insiders Sell Shares?2 months ago | Simply Wall St
Robex Resources (CVE:RBX) Could Easily Take On More DebtValuation
Is Robex Resources undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RBX (CA$0.43) is trading below our estimate of fair value (CA$3.66)
Significantly Below Fair Value: RBX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RBX is good value based on its PE Ratio (5.7x) compared to the CA Metals and Mining industry average (18.4x).
PE vs Market: RBX is good value based on its PE Ratio (5.7x) compared to the Canadian market (17.3x).
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 (3.3x) compared to the CA Metals and Mining industry average (2.9x).
Future Growth
How is Robex Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.8%
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.
Past Performance
How has Robex Resources performed over the past 5 years?
56.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBX has high quality earnings.
Growing Profit Margin: RBX's current net profit margins (34.5%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: RBX has become profitable over the past 5 years, growing earnings by 56.8% per year.
Accelerating Growth: RBX's earnings growth over the past year (1075.5%) exceeds its 5-year average (56.8% per year).
Earnings vs Industry: RBX earnings growth over the past year (1075.5%) exceeded the Metals and Mining industry 74.3%.
Return on Equity
High ROE: RBX's Return on Equity (55.3%) is considered outstanding.
Financial Health
How is Robex Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RBX's short term assets (CA$30.6M) exceed its short term liabilities (CA$18.4M).
Long Term Liabilities: RBX's short term assets (CA$30.6M) exceed its long term liabilities (CA$8.0M).
Debt to Equity History and Analysis
Debt Level: RBX's debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: RBX's debt to equity ratio has reduced from 76.2% to 9.9% over the past 5 years.
Debt Coverage: RBX's debt is well covered by operating cash flow (889.1%).
Interest Coverage: RBX's interest payments on its debt are well covered by EBIT (46.9x coverage).
Balance Sheet
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 recent payouts.
High Dividend: Unable to evaluate RBX'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 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?
3.6yrs
Average management tenure
CEO
Benjamin Cohen
2.17yrs
Tenure
CA$453,027
Compensation
Mr. Benjamin Cohen began his career as captain of a yacht and sailing team in international competitions at Olympic level, this gave him a great team spirit and sense of competition. Mr. Cohen serves as Pr...
CEO Compensation Analysis
Compensation vs Market: Benjamin's total compensation ($USD360.74K) is about average for companies of similar size in the Canadian market ($USD435.20K).
Compensation vs Earnings: Benjamin's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: RBX's management team is considered experienced (3.6 years average tenure).
Board Members
Experienced Board: RBX's board of directors are considered experienced (8.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RBX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
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$257.621m
- Shares outstanding: 599.12m
- Website: https://www.robexgold.com
Location
- Robex Resources Inc.
- 437, Grande Allée Est
- Suite 100
- Québec
- Quebec
- G1R 2J5
- Canada
Listings
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 22:20 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.