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REG

Regulus Resources TSXV:REG Stock Report

Last Price

CA$0.88

Market Cap

CA$89.6m

7D

-6.4%

1Y

4.8%

Updated

03 Oct, 2022

Data

Company Financials
REG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

REG Stock Overview

Regulus Resources Inc. operates as a mineral exploration company.

Regulus Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Regulus Resources
Historical stock prices
Current Share PriceCA$0.88
52 Week HighCA$1.50
52 Week LowCA$0.65
Beta1.48
1 Month Change27.54%
3 Month Change17.33%
1 Year Change4.76%
3 Year Change-35.77%
5 Year Change-57.90%
Change since IPO114.63%

Recent News & Updates

May 10
We Think Regulus Resources (CVE:REG) Needs To Drive Business Growth Carefully

We Think Regulus Resources (CVE:REG) Needs To Drive Business Growth Carefully

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

REGCA Metals and MiningCA Market
7D-6.4%12.4%3.3%
1Y4.8%-6.0%-4.0%

Return vs Industry: REG exceeded the Canadian Metals and Mining industry which returned -8.1% over the past year.

Return vs Market: REG exceeded the Canadian Market which returned -6.6% over the past year.

Price Volatility

Is REG's price volatile compared to industry and market?
REG volatility
REG Average Weekly Movement14.7%
Metals and Mining Industry Average Movement11.7%
Market Average Movement10.1%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.8%

Stable Share Price: REG is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: REG's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010n/aJohn Blackhttps://www.regulusresources.com

Regulus Resources Inc. operates as a mineral exploration company. Its flagship project is the AntaKori copper-gold-silver project comprises 20 mineral concessions that cover an area of 438 hectares located in the Yanacocha-Hualgayoc mining district in the Department of Cajamarca, Northern Peru. Regulus Resources Inc. was founded in 2010 and is headquartered in Vancouver, Canada.

Regulus Resources Fundamentals Summary

How do Regulus Resources's earnings and revenue compare to its market cap?
REG fundamental statistics
Market CapCA$89.63m
Earnings (TTM)-CA$2.91m
Revenue (TTM)n/a

0.0x

P/S Ratio

-30.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REG income statement (TTM)
RevenueCA$0
Cost of Revenue-CA$33.20k
Gross ProfitCA$33.20k
Other ExpensesCA$2.95m
Earnings-CA$2.91m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.029
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did REG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is REG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for REG?

Other financial metrics that can be useful for relative valuation.

REG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-46.4x
PEG Ration/a

Price to Book Ratio vs Peers

How does REG's PB Ratio compare to its peers?

REG PB Ratio vs Peers
The above table shows the PB ratio for REG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average4.7x
HPQ HPQ Silicon
4.3xn/aCA$87.2m
ERD Erdene Resource Development
2.3xn/aCA$95.5m
GOT Goliath Resources
5.9xn/aCA$91.7m
SRG SRG Mining
6.2xn/aCA$84.2m
REG Regulus Resources
1.8xn/aCA$89.6m

Price-To-Book vs Peers: REG is good value based on its Price-To-Book Ratio (1.8x) compared to the peer average (4.7x).


Price to Earnings Ratio vs Industry

How does REG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: REG is expensive based on its Price-To-Book Ratio (1.8x) compared to the Canadian Metals and Mining industry average (1.5x)


Price to Book Ratio vs Fair Ratio

What is REG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

REG PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate REG's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of REG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate REG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate REG's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.1%

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 Regulus 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.


Discover growth companies

  • Take a look at our analysis of REG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Regulus Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Regulus Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: REG is currently unprofitable.

Growing Profit Margin: REG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: REG is unprofitable, and losses have increased over the past 5 years at a rate of 15.3% per year.

Accelerating Growth: Unable to compare REG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: REG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.3%).


Return on Equity

High ROE: REG has a negative Return on Equity (-5.94%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Regulus Resources's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: REG's short term assets (CA$2.5M) do not cover its short term liabilities (CA$2.8M).

Long Term Liabilities: REG's short term assets (CA$2.5M) exceed its long term liabilities (CA$394.0K).


Debt to Equity History and Analysis

Debt Level: REG is debt free.

Reducing Debt: REG had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: REG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: REG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.7% each year


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Regulus Resources Dividend Yield vs Market
How does Regulus Resources dividend yield compare to the market?
SegmentDividend Yield
Company (Regulus Resources)n/a
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.0%
Industry Average (Metals and Mining)2.6%
Analyst forecast in 3 Years (Regulus Resources)n/a

Notable Dividend: Unable to evaluate REG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate REG'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 REG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as REG has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.1yrs

Average management tenure


CEO

John Black (61 yo)

12yrs

Tenure

CA$221,110

Compensation

Mr. John E. Black, B Sc., M.Sc., has been the Chief Executive Officer of Regulus Resources Inc. since May 16, 2012 and served as its President since May 16, 2012. Mr. Black serves as Chief Executive Office...


CEO Compensation Analysis

John Black's Compensation vs Regulus Resources Earnings
How has John Black's remuneration changed compared to Regulus Resources's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021n/an/a

-CA$4m

Sep 30 2021CA$221kCA$221k

-CA$5m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$5m

Dec 31 2020n/an/a

-CA$6m

Sep 30 2020CA$235kCA$235k

-CA$5m

Jun 30 2020n/an/a

-CA$10m

Mar 31 2020n/an/a

-CA$12m

Dec 31 2019n/an/a

-CA$11m

Sep 30 2019CA$242kCA$242k

CA$7m

Jun 30 2019n/an/a

CA$9m

Mar 31 2019n/an/a

CA$11m

Dec 31 2018n/an/a

CA$13m

Sep 30 2018CA$257kCA$257k

-CA$5m

Jun 30 2018n/an/a

-CA$3m

Mar 31 2018n/an/a

-CA$4m

Dec 31 2017n/an/a

-CA$3m

Sep 30 2017CA$209kCA$209k

-CA$3m

Jun 30 2017n/an/a

-CA$5m

Mar 31 2017n/an/a

-CA$4m

Dec 31 2016n/an/a

-CA$7m

Sep 30 2016CA$353kCA$158k

-CA$6m

Compensation vs Market: John's total compensation ($USD162.12K) is about average for companies of similar size in the Canadian market ($USD177.61K).

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


Leadership Team

Experienced Management: REG's management team is seasoned and experienced (8.1 years average tenure).


Board Members

Experienced Board: REG's board of directors are considered experienced (8.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: REG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSXV:REG Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
25 Aug 22BuyCA$14,285Kevin HeatherIndividual19,500CA$0.74
24 Aug 22BuyCA$8,280John BlackIndividual11,500CA$0.72
23 Aug 22BuyCA$6,120John BlackIndividual8,500CA$0.72
22 Aug 22BuyCA$10,200John BlackIndividual15,000CA$0.68
06 Dec 21BuyCA$26,000John BlackIndividual25,000CA$1.04
22 Oct 21BuyCA$1,700Mark WayneIndividual1,700CA$1.00

Ownership Breakdown

What is the ownership structure of REG?
Owner TypeNumber of SharesOwnership Percentage
Private Companies131,0390.1%
Institutions882,8820.9%
Individual Insiders13,271,04213.0%
Hedge Funds24,555,75124.1%
General Public63,009,13061.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 14 shareholders own 38.14% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
24.11%
Route One Investment Company, L.P.
24,555,751CA$21.6m0%0.44%
3.61%
Kevin Heather
3,673,077CA$3.2m0.53%no data
3.3%
John Black
3,361,053CA$3.0m1.05%no data
3.17%
Mark Wayne
3,228,144CA$2.8m0%no data
1.37%
Fernando Pickmann Dianderas
1,393,802CA$1.2m0%no data
1.01%
John Leask
1,026,300CA$903.1k0%no data
0.87%
CI Global Asset Management
882,882CA$776.9k0%no data
0.31%
Megan Cameron-Jones
317,175CA$279.1k0%no data
0.14%
Raymond Jannas Runco
142,675CA$125.6k0%no data
0.073%
Rangefront Exploration Corp.
74,239CA$65.3k0%no data
0.056%
Unicus Funds Ltd.
56,800CA$50.0k0%no data
0.044%
Arthur Fernandez
44,958CA$39.6k0%no data
0.044%
Arthur Joseph
44,958CA$39.6k0%no data
0.038%
Adam Greening
38,900CA$34.2k0%no data

Company Information

Regulus Resources Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Regulus Resources Inc.
  • Ticker: REG
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$89.628m
  • Shares outstanding: 101.85m
  • Website: https://www.regulusresources.com

Number of Employees


Location

  • Regulus Resources Inc.
  • 2710-200 Granville Street
  • Vancouver
  • British Columbia
  • V6C 1S4
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REGTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2014
REGBVL (Bolsa de Valores de Lima)YesCommon SharesPEUSDOct 2014
RGLS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2014
3LIDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2014

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2021/09/30


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.