TSXV:RJX.A

Stock Analysis Report

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Executive Summary

RJK Explorations Ltd., a mineral exploration company, acquires, explores for, and develops mineral resource properties in Canada.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has RJK Explorations's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RJX.A has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.9%

RJX.A

5.2%

CA Metals and Mining

1.5%

CA Market


1 Year Return

105.9%

RJX.A

52.8%

CA Metals and Mining

-4.6%

CA Market

Return vs Industry: RJX.A exceeded the Canadian Metals and Mining industry which returned 52.8% over the past year.

Return vs Market: RJX.A exceeded the Canadian Market which returned -4.6% over the past year.


Shareholder returns

RJX.AIndustryMarket
7 Day2.9%5.2%1.5%
30 Day-2.8%14.9%6.1%
90 Day-2.8%25.5%11.1%
1 Year105.9%105.9%53.9%52.8%-1.2%-4.6%
3 Year59.1%59.1%67.3%64.0%11.8%1.0%
5 Year250.0%250.0%160.4%152.8%33.6%13.3%

Price Volatility Vs. Market

How volatile is RJK Explorations's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is RJK Explorations undervalued compared to its fair value and its price relative to the market?

14.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: RJX.A 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 RJX.A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RJX.A is overvalued based on its PB Ratio (14.2x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

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

23.9%

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 RJK Explorations 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 RJK Explorations performed over the past 5 years?

-36.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RJX.A is currently unprofitable.

Growing Profit Margin: RJX.A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RJX.A is unprofitable, and losses have increased over the past 5 years at a rate of 36.9% per year.

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

Earnings vs Industry: RJX.A is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).


Return on Equity

High ROE: RJX.A has a negative Return on Equity (-136.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is RJK Explorations's financial position?


Financial Position Analysis

Short Term Liabilities: RJX.A's short term assets (CA$477.3K) exceed its short term liabilities (CA$233.8K).

Long Term Liabilities: RJX.A has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RJX.A is debt free.

Reducing Debt: RJX.A has no debt compared to 5 years ago when its debt to equity ratio was 7.1%.


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: RJX.A has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: RJX.A is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is RJK Explorations's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RJX.A'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 RJX.A'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?

9.3yrs

Average management tenure


CEO

Glenn Kasner

22.58yrs

Tenure

CA$63,000

Compensation

Mr. Glenn C. Kasner has been President and CEO of R.J.K. Explorations Limited in 1998 and Director since November 6, 1998 also serves as its Vice President of Exploration. He has been involved in the miner ...


CEO Compensation Analysis

Compensation vs Market: Glenn's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD179.12K).

Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Mackay
Executive Chairman0.50yrno data3.77%
CA$ 371.5k
Glenn Kasner
President22.58yrsCA$63.00k1.54%
CA$ 151.4k
Amanda Kasner
CFO & Director9.33yrsCA$24.00k0.25%
CA$ 24.3k
Diane McKean
Corporate Secretaryno datano datano data

9.3yrs

Average Tenure

Experienced Management: RJX.A's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Mackay
Executive Chairman0.50yrno data3.77%
CA$ 371.5k
Glenn Kasner
President22.58yrsCA$63.00k1.54%
CA$ 151.4k
Amanda Kasner
CFO & Director9.33yrsCA$24.00k0.25%
CA$ 24.3k
Peter Hubacheck
Member of Advisory board0.75yrno datano data
William MacRae
Independent Director3.83yrsno datano data
Daniel Mackie
Independent Director12.17yrsno datano data
Gary Grabowski
Member of Advisory board0.75yrno datano data
Martin Ethier
Member of Advisory Board0.75yrno datano data
Jim Mackay
Member of Advisory Board0.75yrno datano data
Gino Chitaroni
Member of Advisory Board0.75yrno datano data

0.8yrs

Average Tenure

Experienced Board: RJX.A's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.5%.


Top Shareholders

Company Information

RJK Explorations Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RJK Explorations Ltd.
  • Ticker: RJX.A
  • Exchange: TSXV
  • Founded: 1922
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$9.859m
  • Shares outstanding: 56.34m
  • Website: https://www.rjkexplorations.com

Location

  • RJK Explorations Ltd.
  • PO Box 1053
  • Kirkland Lake
  • Ontario
  • P2N 3L1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RJX.ATSXV (TSX Venture Exchange)YesClass A Subordinate Voting SharesCACADDec 1993
RJKA.FOTCPK (Pink Sheets LLC)YesClass A Subordinate Voting SharesUSUSDDec 1993

Biography

RJK Explorations Ltd., a mineral exploration company, acquires, explores for, and develops mineral resource properties in Canada. The company primarily explores for diamond, gold, silver, and base metals. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 23:58
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.