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Romios Gold Resources

TSXV:RG
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RG
TSXV
CA$10M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada. The last earnings update was 97 days ago. More info.


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RG Share Price and Events
7 Day Returns
25%
TSXV:RG
-0.1%
CA Metals and Mining
-0.2%
CA Market
1 Year Returns
-23.1%
TSXV:RG
-14.3%
CA Metals and Mining
-1.9%
CA Market
RG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Romios Gold Resources (RG) 25% 0% 11.1% -23.1% -28.6% -9.1%
CA Metals and Mining -0.1% -5.5% -4.7% -14.3% -16.1% -22%
CA Market -0.2% -1.6% 2.1% -1.9% 13.3% 4.3%
1 Year Return vs Industry and Market
  • RG underperformed the Metals and Mining industry which returned -14.3% over the past year.
  • RG underperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
RG
Industry
5yr Volatility vs Market

Value

 Is Romios Gold Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Romios Gold Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.05.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Romios Gold Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Romios Gold Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:RG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.00
TSXV:RG Share Price ** TSXV (2019-05-16) in CAD CA$0.05
Canada Metals and Mining Industry PE Ratio Median Figure of 111 Publicly-Listed Metals and Mining Companies 12.65x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 14.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Romios Gold Resources.

TSXV:RG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:RG Share Price ÷ EPS (both in CAD)

= 0.05 ÷ 0.00

-15.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Romios Gold Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Romios Gold Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Romios Gold Resources's expected growth come at a high price?
Raw Data
TSXV:RG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -15.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.62x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Romios Gold Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Romios Gold Resources's assets?
Raw Data
TSXV:RG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.03
TSXV:RG Share Price * TSXV (2019-05-16) in CAD CA$0.05
Canada Metals and Mining Industry PB Ratio Median Figure of 1,093 Publicly-Listed Metals and Mining Companies 1.26x
Canada Market PB Ratio Median Figure of 2,407 Publicly-Listed Companies 1.41x
TSXV:RG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:RG Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.03

1.98x

* Primary Listing of Romios Gold Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Romios Gold Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Romios Gold Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Romios Gold Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Romios Gold Resources expected to grow at an attractive rate?
  • Unable to compare Romios Gold Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Romios Gold Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Romios Gold Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:RG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 24.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:RG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:RG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 -1 0
2018-06-30 -1 0
2018-03-31 -1 -1
2017-12-31 0 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 0 -1
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Romios Gold Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Romios Gold Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:RG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Romios Gold Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:RG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Romios Gold Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Romios Gold Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Romios Gold Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Romios Gold Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Romios Gold Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Romios Gold Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Romios Gold Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Romios Gold Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Romios Gold Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Romios Gold Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Romios Gold Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Romios Gold Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:RG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.59 0.91
2018-09-30 -0.44 0.78
2018-06-30 -0.44 0.84
2018-03-31 -0.97 0.78
2017-12-31 -0.68 0.51
2017-09-30 -0.86 0.69
2017-06-30 -1.01 0.82
2017-03-31 -0.97 0.89
2016-12-31 -1.02 0.95
2016-09-30 -0.82 0.75
2016-06-30 -0.50 0.45
2016-03-31 -0.43 0.37
2015-12-31 -0.49 0.44
2015-09-30 -0.55 0.50
2015-06-30 -0.55 0.51
2015-03-31 -1.09 1.06
2014-12-31 -1.06 1.02
2014-09-30 -1.00 0.96
2014-06-30 -0.99 0.93
2014-03-31 -0.25 0.48
2013-12-31 -0.32 0.55
2013-09-30 -0.40 0.60
2013-06-30 -0.30 0.66
2013-03-31 -1.43 0.86
2012-12-31 -1.44 0.87
2012-09-30 -1.47 0.91
2012-06-30 -1.73 0.98

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Romios Gold Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Romios Gold Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Romios Gold Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Romios Gold Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Romios Gold Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Romios Gold Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Romios Gold Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Romios Gold Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Romios Gold Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Romios Gold Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Romios Gold Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Romios Gold Resources Company Filings, last reported 4 months ago.

TSXV:RG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 5.02 0.00 1.60
2018-09-30 4.14 0.00 0.84
2018-06-30 4.40 0.00 0.74
2018-03-31 3.82 0.00 0.12
2017-12-31 4.13 0.00 0.40
2017-09-30 3.86 0.00 0.07
2017-06-30 3.96 0.00 0.15
2017-03-31 4.15 0.00 0.19
2016-12-31 4.18 0.00 0.11
2016-09-30 4.46 0.00 0.58
2016-06-30 4.48 0.00 0.60
2016-03-31 4.35 0.00 0.26
2015-12-31 4.45 0.00 0.30
2015-09-30 4.57 0.00 0.43
2015-06-30 4.70 0.00 0.52
2015-03-31 24.14 0.00 0.56
2014-12-31 24.25 0.00 0.64
2014-09-30 24.37 0.00 0.82
2014-06-30 5.13 0.00 0.91
2014-03-31 24.57 0.00 1.02
2013-12-31 24.69 0.00 1.15
2013-09-30 24.74 0.00 1.40
2013-06-30 24.85 0.00 1.67
2013-03-31 24.69 0.00 1.82
2012-12-31 24.85 0.00 2.04
2012-09-30 25.00 0.00 2.12
2012-06-30 24.97 0.00 2.60
  • Romios Gold Resources has no debt.
  • Romios Gold Resources has not taken on any debt in the past 5 years.
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.

  • Romios Gold Resources has sufficient cash runway for 1.8 years based on current free cash flow.
  • Romios Gold Resources has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 27.6% each year.
X
Financial health checks
We assess Romios Gold Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Romios Gold Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Romios Gold Resources dividends.
If you bought CA$2,000 of Romios Gold Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Romios Gold Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Romios Gold Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:RG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Romios Gold Resources has not reported any payouts.
  • Unable to verify if Romios Gold Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Romios Gold Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Romios Gold Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Romios Gold Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Romios Gold Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Romios Gold Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Drivas
COMPENSATION CA$150,000
AGE 66
CEO Bio

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 experience in various industries. With a background in accounting and business development, he has over 30 years experience in property acquisition, development and brokering and 20 years specifically in the mining sector. He has consistently assembled the right team for each exciting project. Mr. Drivas is founder of Romios Gold Resources Inc. Mr. Drivas has been the President since January 2005 and Chief Executive Officer and Director and Major Shareholder of Romios Gold Resources Inc., an exploration company with major properties in the Golden Triangle area of British Columbia and additional properties in Quebec, Ontario.

CEO Compensation
  • Tom's compensation has been consistent with company performance over the past year.
  • Tom's remuneration is about average for companies of similar size in Canada.
Management Team

Tom Drivas

TITLE
President
COMPENSATION
CA$150K
AGE
66

Frank van de Water

TITLE
COO, CFO
COMPENSATION
CA$48K
AGE
76
TENURE
3.3 yrs

Bill Johnstone

TITLE
Legal counsel
AGE
61

Stephen Maher

TITLE
Investor Relations Consultant
TENURE
13.1 yrs
Board of Directors Tenure

Average tenure and age of the Romios Gold Resources board of directors in years:

11.8
Average Tenure
67.5
Average Age
  • The average tenure for the Romios Gold Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tom Drivas

TITLE
President
COMPENSATION
CA$150K
AGE
66
TENURE
23.6 yrs

Frank van de Water

TITLE
COO, CFO
COMPENSATION
CA$48K
AGE
76
TENURE
11.8 yrs

Bill Johnstone

TITLE
Legal counsel
AGE
61
TENURE
6 yrs

Garth Kirkham

TITLE
Director
COMPENSATION
CA$5K
AGE
59
TENURE
13.2 yrs

Thomas Skimming

TITLE
VP of Exploration & Director
COMPENSATION
CA$5K
AGE
82
TENURE
22.3 yrs

Brian Robertson

TITLE
Director
COMPENSATION
CA$5K
AGE
69
TENURE
10.9 yrs

Lawrence Roulston

TITLE
Director
COMPENSATION
CA$26K
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
02. Jan 19 Buy Anastasios Drivas Individual 31. Dec 18 31. Dec 18 550,000 CA$0.07 CA$35,750
01. Jan 19 Buy Anastasios Drivas Individual 31. Dec 18 31. Dec 18 600,000 CA$0.07 CA$39,000
12. Nov 18 Buy Lawrence Roulston Individual 08. Nov 18 08. Nov 18 125,000 CA$0.08 CA$10,000
06. Jun 18 Buy Alpha Delta Gas Inc Company 05. Jun 18 05. Jun 18 423,334 CA$0.09 CA$38,100
06. Jun 18 Buy Frank van de Water Individual 05. Jun 18 05. Jun 18 100,000 CA$0.09 CA$9,000
X
Management checks
We assess Romios Gold Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Romios Gold Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Romios Gold Resources Inc. (CVE:RG): What Does Its Beta Value Mean For Your Portfolio?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Before You Buy Romios Gold Resources Inc's (CVE:RG), Consider This

If you are a shareholder in Romios Gold Resources Inc’s (CVE:RG), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Broadly speaking, there are two types of risk you should consider when investing in stocks such as RG. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock.

Simply Wall St -

Should You Be Concerned About Romios Gold Resources Inc's (CVE:RG) Investors?

The company hardly has institutions in its ownership structure, indicating limited concern for investors to worry about potential sell-offs that could arise due to extensive liquidation. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in RG should also look at another important group of investors: private companies, with a stake of 2.32%, who are primarily invested because of strategic and capital gain interests.

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How Does Investing In Romios Gold Resources Inc (CVE:RG) Impact Your Portfolio?

RG’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … RG, with its market capitalisation of CA$10.66M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … However, this is the opposite to what RG’s actual beta value suggests, which is lower stock volatility relative to the market.

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Is Romios Gold Resources Inc's (CVE:RG) CEO Paid At A Competitive Rate?

Therefore I will use earnings as a proxy of Drivas's performance in the past year. … TSXV:RG Past Future Earnings Mar 14th 18 Is RG overpaying the CEO? … Typically I would use earnings and market cap to account for variations in performance, however, RG's negative earnings reduces the usefulness of my formula.

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Who Are Romios Gold Resources Inc's (CVE:RG) Major Shareholders?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership level and composition in RG is not high nor active enough to significantly impact its investment thesis.

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Why You Need To Look At This Factor Before Buying Romios Gold Resources Inc (CVE:RG)

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … View our latest analysis for Romios Gold Resources An interpretation of RG's beta Romios Gold Resources's beta of 0.86 indicates that the stock value will be less variable compared to the whole stock market. … RG’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.

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Who Are The Major Shareholders Of Romios Gold Resources Inc (TSXV:RG)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in RG should also look at another important group of investors: private companies, with a stake of 2.41%, who are primarily invested because of strategic and capital gain interests.

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Company Info

Description

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 the Golden Triangle area properties comprising Newmont Lake and Trek projects that covers an area of 78,874 hectares located in northwestern British Columbia. Romios Gold Resources Inc. was founded in 1995 and is headquartered in Toronto, Canada.

Details
Name: Romios Gold Resources Inc.
RG
Exchange: TSXV
Founded: 1995
CA$9,919,850
198,397,016
Website: http://www.romios.com
Address: Romios Gold Resources Inc.
2 Toronto Street,
Suite 500,
Toronto,
Ontario, M5C 2B8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV RG Common Shares TSX Venture Exchange CA CAD 02. Oct 2000
OTCPK RMIO.F Common Shares Pink Sheets LLC US USD 02. Oct 2000
DB D4R Common Shares Deutsche Boerse AG DE EUR 02. Oct 2000
Number of employees
Current staff
Staff numbers
0
Romios Gold Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 01:40
End of day share price update: 2019/05/16 00:00
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.