TSXV:RBX

Stock Analysis Report

Executive Summary

Robex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Share Price & News

How has Robex Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

16.7%

RBX

0.5%

CA Metals and Mining

0.2%

CA Market


1 Year Return

5.0%

RBX

15.0%

CA Metals and Mining

3.5%

CA Market

Return vs Industry: RBX underperformed the Canadian Metals and Mining industry which returned 15% over the past year.

Return vs Market: RBX exceeded the Canadian Market which returned 3.5% over the past year.


Shareholder returns

RBXIndustryMarket
7 Day16.7%0.5%0.2%
30 Day16.7%-8.9%-3.3%
90 Day50.0%-8.0%-1.9%
1 Year5.0%5.0%15.9%15.0%7.3%3.5%
3 Year10.5%10.5%-11.6%-13.2%14.7%4.4%
5 Year110.0%110.0%15.4%11.6%26.2%7.7%

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

Valuation

Is Robex Resources undervalued compared to its fair value and its price relative to the market?

38.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: RBX is poor value based on its PE Ratio (38.9x) compared to the Metals and Mining industry average (13.4x).

PE vs Market: RBX is poor value based on its PE Ratio (38.9x) compared to the Canadian market (13.7x).


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 good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RBX's forecast earnings growth (6.3% per year) is above the savings rate (1.9%).

Earnings vs Market: RBX's earnings (6.3% per year) are forecast to grow slower than the Canadian market (13% per year).

High Growth Earnings: RBX's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if RBX's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if RBX's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RBX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Robex Resources performed over the past 5 years?

54.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RBX has become profitable over the past 5 years, growing earnings by 54.8% 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 (-89.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (-11.9%).


Return on Equity

High ROE: RBX's Return on Equity (2.2%) is considered low.


Return on Assets

ROA vs Industry: RBX's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: RBX's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Robex Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RBX's short term assets (CA$20.7M) do not cover its short term liabilities (CA$22.9M)

Long Term Liabilities: RBX's short term assets (20.7M) do not cover its long term liabilities (23.2M)


Debt to Equity History and Analysis

Debt Level: RBX's debt to equity ratio (55.9%) is considered high

Reducing Debt: RBX's debt to equity ratio has reduced from 208.5% to 55.9% over the past 5 years.

Debt Coverage: RBX's debt is well covered by operating cash flow (69.3%).

Interest Coverage: RBX's interest payments on its debt are not well covered by EBIT (1.9x 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 0.7x debt).


Next Steps

Dividend

What is Robex Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

What is the CEO of Robex Resources's salary, the management and board of directors tenure and is there insider trading?

6.5yrs

Average management tenure


CEO

Benjamin Cohen 0

0.7yrs

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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Canadian market.

Compensation vs Earnings: Benjamin's compensation has been consistent with company performance over the past year.


Management Age and Tenure

6.5yrs

Average Tenure

Experienced Management: RBX's management team is seasoned and experienced (6.5 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

Experienced Board: RBX's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Augustin Rousselet

    CFO & COO

    • Tenure: 6.5yrs
    • Compensation: CA$313.89k
  • Jean-Marc Bruneau

    Vice President of Administration

    • Tenure: 0yrs
  • Georges Cohen

    Chairman & President

    • Tenure: 6.3yrs
    • Compensation: CA$966.22k
  • Marie-Claude Poitras

    Executive Officer of Investor Relations and Director Communications

    • Tenure: 13.1yrs
  • M. Veilleux

    Advisor to the Board

    • Tenure: 9.4yrs
  • Julien Cohen

    Director of Financial Affairas & Director

    • Tenure: 6.6yrs
    • Compensation: CA$335.60k
  • Alain Gauthier

    Chief of Mining Operations

    • Tenure: 0yrs
  • Benjamin Cohen

    CEO & Director

    • Tenure: 0.7yrs
    • Compensation: CA$243.60k
  • Nicolas Ros de Lochounoff

    Director of Legal Affairs & Human Resources

    • Tenure: 5.8yrs
    • Compensation: CA$390.18k
  • Robert Godbout

    General Manager of Nampala Mine

    • Tenure: 0yrs
    • Compensation: CA$320.96k

Board Members

  • Richard Faucher (70yo)

    Vice Chairman of the Board

    • Tenure: 6.8yrs
    • Compensation: CA$28.50k
  • Christian Marti

    Independent Director

    • Tenure: 8.4yrs
    • Compensation: CA$17.10k
  • Georges Cohen

    Chairman & President

    • Tenure: 6.3yrs
    • Compensation: CA$966.22k
  • Claude Goulet

    Director

    • Tenure: 11.8yrs
    • Compensation: CA$20.60k
  • Michel Doyon (58yo)

    Independent Director

    • Tenure: 9.7yrs
    • Compensation: CA$19.20k
  • Julien Cohen

    Director of Financial Affairas & Director

    • Tenure: 6.6yrs
    • Compensation: CA$335.60k
  • Benjamin Cohen

    CEO & Director

    • Tenure: 0.7yrs
    • Compensation: CA$243.60k

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$60.849m
  • Shares outstanding: 579.51m
  • Website: https://www.robexgold.com

Location

  • Robex Resources Inc.
  • 437, Grande Allée Est
  • Suite 100
  • Québec
  • Quebec
  • G1R 2J5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBXTSXV (TSX Venture Exchange)YesCommon StockCACADAug 1988
RB4DB (Deutsche Boerse AG)YesCommon StockDEEURAug 1988
RSRB.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:39
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.