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ROS

Roscan Gold TSXV:ROS Stock Report

Last Price

CA$0.17

Market Cap

CA$64.1m

7D

-10.5%

1Y

-37.0%

Updated

22 Sep, 2022

Data

Company Financials +
ROS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ROS Stock Overview

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of gold properties in West Africa.

Roscan Gold Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Roscan Gold
Historical stock prices
Current Share PriceCA$0.17
52 Week HighCA$0.42
52 Week LowCA$0.16
Beta1.88
1 Month Change-19.05%
3 Month Change-39.29%
1 Year Change-37.04%
3 Year Change21.43%
5 Year Change183.33%
Change since IPO-43.33%

Recent News & Updates

Shareholder Returns

ROSCA Metals and MiningCA Market
7D-10.5%-0.1%-2.8%
1Y-37.0%-11.9%-4.6%

Return vs Industry: ROS underperformed the Canadian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: ROS underperformed the Canadian Market which returned -3.5% over the past year.

Price Volatility

Is ROS's price volatile compared to industry and market?
ROS volatility
ROS Average Weekly Movement12.3%
Metals and Mining Industry Average Movement11.5%
Market Average Movement10.0%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.8%

Stable Share Price: ROS is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: ROS's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987n/aNana Sangmuahhttps://www.roscan.ca

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of gold properties in West Africa. Its principal project is Kandiole project that hosts 10 gold prospective targets located in the Kenieba area of Southwest Mali. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.

Roscan Gold Fundamentals Summary

How do Roscan Gold's earnings and revenue compare to its market cap?
ROS fundamental statistics
Market CapCA$64.10m
Earnings (TTM)-CA$19.21m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ROS income statement (TTM)
RevenueCA$0
Cost of RevenueCA$158.24k
Gross Profit-CA$158.24k
Other ExpensesCA$19.05m
Earnings-CA$19.21m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.051
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did ROS perform over the long term?

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

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 ROS?

Other financial metrics that can be useful for relative valuation.

ROS 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-3.2x
PEG Ration/a

Price to Book Ratio vs Peers

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

ROS PB Ratio vs Peers
The above table shows the PB ratio for ROS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1x
FISH Sailfish Royalty
1.1xn/aCA$64.6m
TAU Thesis Gold
1.3xn/aCA$64.7m
SGNL Signal Gold
1x92.2%CA$73.6m
SAU St. Augustine Gold and Copper
0.5xn/aCA$64.4m
ROS Roscan Gold
24.3xn/aCA$64.1m

Price-To-Book vs Peers: ROS is expensive based on its Price-To-Book Ratio (24.3x) compared to the peer average (1x).


Price to Earnings Ratio vs Industry

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

Price-To-Book vs Industry: ROS is expensive based on its Price-To-Book Ratio (24.3x) compared to the Canadian Metals and Mining industry average (1.6x)


Price to Book Ratio vs Fair Ratio

What is ROS'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.

ROS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio24.3x
Fair PB Ration/a

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


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate ROS'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: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Roscan Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

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


12.5%

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 Roscan Gold 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

  • Examine Roscan Gold'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.
  • Roscan Gold competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Roscan Gold 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


-58.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ROS is currently unprofitable.

Growing Profit Margin: ROS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ROS is unprofitable, and losses have increased over the past 5 years at a rate of 58.8% per year.

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

Earnings vs Industry: ROS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.3%).


Return on Equity

High ROE: ROS has a negative Return on Equity (-727.98%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Roscan Gold's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ROS's short term assets (CA$4.3M) exceed its short term liabilities (CA$1.7M).

Long Term Liabilities: ROS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ROS is debt free.

Reducing Debt: ROS 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: ROS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ROS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.8% each year


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Dividend

What is Roscan Gold 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

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

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

Growing Dividend: Insufficient data to determine if ROS'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 ROS has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.4yrs

Average management tenure


CEO

Nana Sangmuah

2.75yrs

Tenure

CA$350,001

Compensation

Mr. Nana Bompeh Sangmuah, MBA, has been President, Chief Executive Officer and Director at RosCan Gold Corp since December 19, 2019. He served as a Managing Director of Equity Research for Metals and Minin...


CEO Compensation Analysis

Compensation vs Market: Nana's total compensation ($USD259.23K) is above average for companies of similar size in the Canadian market ($USD179.01K).

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


Leadership Team

Experienced Management: ROS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ROS's board of directors are not considered experienced ( 2.7 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.


Top Shareholders

Top 13 shareholders own 19.51% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.47%
Michael Gentile
31,937,500CA$5.4m37.74%no data
3.32%
Gregory Isenor
12,521,666CA$2.1m5.92%no data
2.89%
ASA Gold and Precious Metals Limited
10,886,900CA$1.9m0%0.5%
1.34%
Nana Sangmuah
5,057,887CA$859.8k378.11%no data
0.72%
Samuel Jonah
2,700,000CA$459.0k0%no data
0.55%
Ninepoint Partners LP
2,069,300CA$351.8k0%0.02%
0.51%
Mackenzie Financial Corporation
1,913,516CA$325.3k0%no data
0.5%
Canada Life Investment Management Ltd.
1,878,484CA$319.3k0%0.02%
0.4%
U.S. Global Investors, Inc.
1,500,000CA$255.0k0%0.01%
0.35%
IG Investment Management, Ltd.
1,318,124CA$224.1k0%no data
0.19%
Vereinigte Sparkasse Eschenbach, Asset Management Arm
718,000CA$122.1k0%0.8%
0.17%
Next Edge Capital Corp.
648,300CA$110.2k0%0.81%
0.11%
Timelo Investment Management Inc.
422,900CA$71.9k0%0.05%

Company Information

Roscan Gold Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Roscan Gold Corporation
  • Ticker: ROS
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$64.099m
  • Shares outstanding: 377.05m
  • Website: https://www.roscan.ca

Location

  • Roscan Gold Corporation
  • Sun Tower
  • Suite 802
  • Toronto
  • Ontario
  • B4A 1E6
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROSTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 1990
RCGC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1990
2OJDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1990

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/22 00:00
End of Day Share Price2022/09/22 00:00
Earnings2022/04/30
Annual Earnings2021/10/31


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.