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 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

5.7%

RBX

4.6%

CA Metals and Mining

0.2%

CA Market


1 Year Return

164.3%

RBX

4.5%

CA Metals and Mining

4.9%

CA Market

Return vs Industry: RBX exceeded the Canadian Metals and Mining industry which returned 4.5% over the past year.

Return vs Market: RBX exceeded the Canadian Market which returned 4.9% over the past year.


Shareholder returns

RBXIndustryMarket
7 Day5.7%4.6%0.2%
30 Day19.4%3.7%0.4%
90 Day60.9%10.7%3.7%
1 Year164.3%164.3%5.1%4.5%8.2%4.9%
3 Year117.6%117.6%-5.4%-7.0%15.9%5.5%
5 Year131.3%131.3%26.4%22.6%33.8%14.3%

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?

30.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RBX (CA$0.19) is trading above our estimate of fair value (CA$0.01)

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 (30.1x) compared to the Metals and Mining industry average (15.8x).

PE vs Market: RBX is poor value based on its PE Ratio (30.1x) compared to the Canadian market (16x).


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 (1.8x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.8%

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.


Next Steps

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 (10.1%).


Return on Equity

High ROE: RBX's Return on Equity (4.6%) is considered low.


Return on Assets


Return on Capital Employed


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

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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 0

1yrs

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 ($USD183.71K) is about average for companies of similar size in the Canadian market ($USD154.66K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Georges Cohen
Chairman & President6.7yrsCA$966.22k59.3% CA$63.7m
Benjamin Cohen
CEO & Director1yrsCA$243.60k3.12% CA$3.3m
Augustin Rousselet
CFO & COO6.8yrsCA$313.89k0.047% CA$49.9k
Nicolas Ros de Lochounoff
Director of Legal Affairs & Human Resources6.2yrsCA$390.18kno data
Julien Cohen
Director of Financial Affairas & Director6.9yrsCA$335.60k3.55% CA$3.8m
Robert Godbout
General Manager of Nampala Mine0yrsCA$320.96kno data
Jean-Marc Bruneau
Vice President of Administration0yrsno datano data
Marie-Claude Poitras
Executive Officer of Investor Relations and Director Communications13.4yrsno datano data
Alain Gauthier
Chief of Mining Operations0yrsno datano data
M. Veilleux
Advisor to the Board9.8yrsno datano data

6.8yrs

Average Tenure

Experienced Management: RBX's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Georges Cohen
Chairman & President6.7yrsCA$966.22k59.3% CA$63.7m
Benjamin Cohen
CEO & Director1yrsCA$243.60k3.12% CA$3.3m
Julien Cohen
Director of Financial Affairas & Director6.9yrsCA$335.60k3.55% CA$3.8m
Richard Faucher
Vice Chairman of the Board7.1yrsCA$28.50k0.28% CA$304.7k
Christian Marti
Independent Director8.8yrsCA$17.10kno data
Claude Goulet
Independent Director12.1yrsCA$20.60k0.17% CA$185.5k
Michel Doyon
Independent Director10yrsCA$19.20k0.41% CA$437.5k

7.1yrs

Average Tenure

Experienced Board: RBX's board of directors are considered experienced (7.1 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$107.348m
  • 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

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 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 00:10
End of Day Share Price2020/02/18 00:00
Earnings2019/09/30
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.