TSXV:ROS

Stock Analysis Report

Executive Summary

RosCan Gold Corporation engages in the acquisition, evaluation, exploration, and development of gold properties in West Africa.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ROS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.1%

ROS

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-3.1%

ROS

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: ROS underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: ROS underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

ROSIndustryMarket
7 Day-3.1%3.1%0.6%
30 Day10.7%3.5%1.0%
90 Day40.9%11.9%4.5%
1 Year-3.1%-3.1%5.4%4.7%8.6%5.3%
3 Year287.5%287.5%-4.3%-5.9%18.0%7.4%
5 Year3000.0%3000.0%24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

28.84x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ROS is overvalued based on its PB Ratio (28.8x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.9%

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 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.


Next Steps

Past Performance

How has RosCan Gold performed over the past 5 years?

-77.7%

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 -77.7% 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 (11.7%).


Return on Equity

High ROE: ROS has a negative Return on Equity (-854.02%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is RosCan Gold's financial position?


Financial Position Analysis

Short Term Liabilities: ROS's short term assets (CA$1.5M) exceed its short term liabilities (CA$855.7K).

Long Term Liabilities: ROS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ROS is debt free.

Reducing Debt: ROS currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Inventory Level: ROS has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ROS'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: 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 -68.7% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


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 ROS'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?

0.3yrs

Average management tenure


CEO

Nana Sangmuah 0

0.2yrs

Tenure

0

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Isenor
Executive Vice Chairman0.2yrsCA$156.00k4.7% CA$1.3m
Mark McMurdie
CFO & Director6.8yrsCA$72.00k0.77% CA$214.7k
Christopher Irwin
Corporate Secretary & Director12.8yrsno data0.18% CA$49.4k
Nana Sangmuah
President0.2yrsno data0.20% CA$56.8k
Andrew Ramcharan
Executive Vice President of Corporate Development & Investor Relations0.2yrsno data0.11% CA$31.0k
John Learn
Exploration Manager0.4yrsno datano data

0.3yrs

Average Tenure

Experienced Management: ROS's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gregory Isenor
Executive Vice Chairman0.2yrsCA$156.00k4.7% CA$1.3m
Mark McMurdie
CFO & Director6.8yrsCA$72.00k0.77% CA$214.7k
Christopher Irwin
Corporate Secretary & Director12.8yrsno data0.18% CA$49.4k
Nana Sangmuah
President0.2yrsno data0.20% CA$56.8k
Samuel Jonah
Non-Executive Chairman0.08yrsno datano data
Don Dudek
Director1.8yrsno data0.23% CA$64.6k
David Kavanagh
Director0.6yrsno datano data
Michael Gentile
Director0.2yrsno datano data

0.4yrs

Average Tenure

65yo

Average Age

Experienced Board: ROS's board of directors are not considered experienced ( 0.4 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 substantially diluted in the past year, with total shares outstanding growing by 104.5%.


Top Shareholders

Company Information

RosCan Gold Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RosCan Gold Corporation
  • Ticker: ROS
  • Exchange: TSXV
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$27.996m
  • Shares outstanding: 180.62m
  • Website: https://www.roscan.ca

Location

  • RosCan Gold Corporation
  • Sun Tower
  • Suite 802
  • Bedford
  • Nova Scotia
  • 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

Biography

RosCan Gold Corporation engages in the acquisition, evaluation, exploration, and development of gold properties in West Africa. It holds five option agreements to acquire a 100% interest in six contiguous gold prospective permits covering 271 sq. kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to RosCan Gold Corporation in September 2018. RosCan Gold Corporation is based in Bedford, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:50
End of Day Share Price2020/02/20 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.