TSXV:RG

Stock Analysis Report

Romios Gold Resources

Executive Summary

Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

RG

0.1%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-50.0%

RG

12.5%

CA Metals and Mining

1.5%

CA Market

Return vs Industry: RG underperformed the Canadian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: RG underperformed the Canadian Market which returned 1.5% over the past year.


Shareholder returns

RGIndustryMarket
7 Day0%0.1%-0.2%
30 Day-36.4%-6.0%-3.5%
90 Day-30.0%-5.0%-1.8%
1 Year-50.0%-50.0%13.5%12.5%5.1%1.5%
3 Year-53.3%-53.3%-11.1%-12.8%13.3%3.2%
5 Year-12.5%-12.5%8.0%3.9%25.2%7.2%

Price Volatility Vs. Market

How volatile is Romios Gold Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: RG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: RG is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RG is overvalued based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

43.8%

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 Romios Gold 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 Romios Gold Resources performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RG is unprofitable, but has reduced losses over the past 5 years at a rate of 1% per year.

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

Earnings vs Industry: RG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: RG has a negative Return on Equity (-39.02%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: RG is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: RG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Romios Gold Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RG's short term assets (CA$3.0M) exceeds its short term liabilities (CA$1.0M)

Long Term Liabilities: RG has no long term liabilities


Debt to Equity History and Analysis

Debt Level: RG is debt free.

Reducing Debt: RG has not had any debt for past 5 years.


Balance Sheet

Inventory Level: RG has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RG's debt is covered by short term assets.


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: RG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RG has sufficient cash runway for 1.913897 years if free cash flow continues to reduce at historical rates of -26% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if RG'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 RG'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 Romios Gold Resources's salary, the management and board of directors tenure and is there insider trading?

12.3yrs

Average board tenure


CEO

Tom Drivas (67yo)

0yrs

Tenure

CA$150,000

Compensation

Mr. Anastasios Drivas, also known as Tom, has been the Chief Executive Officer and President of Appia Energy Corp. since August 24, 2007. Mr. Drivas is a Business Entrepreneur with numerous years of experi ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Tom's total compensation is reasonable compared to companies of similar size in the Canadian market.

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


Board Age and Tenure

12.3yrs

Average Tenure

68.5yo

Average Age

Experienced Board: RG's board of directors are seasoned and experienced ( 12.3 years average tenure).


Insider Trading

Insider Buying: RG insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellCA$5,00018 Sep 19
Lawrence Roulston
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100,000
Max PriceCA$0.05
SellCA$1,80007 Aug 19
Lawrence Roulston
EntityIndividual
Role
Member of the Board of Directors
Director
Shares40,000
Max PriceCA$0.045
BuyCA$35,75002 Jan 19
Anastasios Drivas
EntityIndividual
Role
Chief Executive Officer
President
Shares550,000
Max PriceCA$0.065
BuyCA$39,00001 Jan 19
Anastasios Drivas
EntityIndividual
Role
Chief Executive Officer
President
Shares600,000
Max PriceCA$0.065
BuyCA$10,00012 Nov 18
Lawrence Roulston
EntityIndividual
Role
Member of the Board of Directors
Director
Shares125,000
Max PriceCA$0.08

Ownership Breakdown


Management Team

  • Frank van de Water (77yo)

    COO, CFO

    • Tenure: 12.3yrs
    • Compensation: CA$47.74k
  • Bill Johnstone (62yo)

    Legal counsel

    • Tenure: 6.4yrs
  • Tom Drivas (67yo)

    President

    • Tenure: 0yrs
    • Compensation: CA$150.00k
  • Stephen Maher

    Investor Relations Consultant

    • Tenure: 13.5yrs

Board Members

  • Frank van de Water (77yo)

    COO, CFO

    • Tenure: 12.3yrs
    • Compensation: CA$47.74k
  • Bill Johnstone (62yo)

    Legal counsel

    • Tenure: 6.4yrs
  • Tom Drivas (67yo)

    President

    • Tenure: 0yrs
    • Compensation: CA$150.00k
  • Thomas Skimming (83yo)

    VP of Exploration & Director

    • Tenure: 22.8yrs
    • Compensation: CA$5.00k
  • Brian Robertson (70yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: CA$5.00k
  • Garth Kirkham (60yo)

    Independent Director

    • Tenure: 13.6yrs
    • Compensation: CA$4.50k
  • Lawrence Roulston

    Director

    • Tenure: 1.6yrs
    • Compensation: CA$25.79k

Company Information

Romios Gold Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Romios Gold Resources Inc.
  • Ticker: RG
  • Exchange: TSXV
  • Founded: 1995
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$6.944m
  • Shares outstanding: 198.40m
  • Website: https://www.romios.com

Location

  • Romios Gold Resources Inc.
  • 2 Toronto Street
  • Suite 500
  • Toronto
  • Ontario
  • M5C 2B8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RGTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2000
D4RDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2000
RMIO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2000

Biography

Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada. It primarily explores for gold, silver, copper, and zinc deposits. The company primarily holds an interest in th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:43
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.