Red Pine Exploration Past Earnings Performance

Past criteria checks 0/6

Red Pine Exploration's earnings have been declining at an average annual rate of -16.9%, while the Metals and Mining industry saw earnings growing at 28.9% annually.

Key information

-16.9%

Earnings growth rate

9.5%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	n/a
Return on equity	-64.8%
Net Margin	n/a
Last Earnings Update	31 Jan 2024

Recent past performance updates

No updates

Recent updates

Red Pine Exploration (CVE:RPX) Will Have To Spend Its Cash Wisely

Mar 13

Revenue & Expenses Breakdown
Beta

How Red Pine Exploration makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSXV:RPX Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
31 Jan 24	-5	12
31 Oct 23	-5	12
31 Jul 23	-11	11
30 Apr 23	-12	12
31 Jan 23	-13	14
31 Oct 22	-13	15
31 Jul 22	-11	14
30 Apr 22	-10	0
31 Jan 22	-19	9
31 Oct 21	-16	6
31 Jul 21	-16	4
30 Apr 21	-15	15
31 Jan 21	-3	3
31 Oct 20	-3	3
31 Jul 20	-4	4
30 Apr 20	-5	4
31 Jan 20	-5	5
31 Oct 19	-5	5
31 Jul 19	-5	5
30 Apr 19	-4	4
31 Jan 19	-4	5
31 Oct 18	-4	4
31 Jul 18	-4	4
30 Apr 18	-5	5
31 Jan 18	-27	27
31 Oct 17	-26	27
31 Jul 17	-26	26
30 Apr 17	-25	25
31 Jan 17	-2	2
31 Oct 16	-1	1
31 Jul 16	-1	1
30 Apr 16	-1	1
31 Jan 16	-3	3
31 Oct 15	-3	3
31 Jul 15	-3	3
30 Apr 15	-3	3
31 Jan 15	-2	2
31 Oct 14	-3	3
31 Jul 14	-2	2
30 Apr 14	-2	1
31 Jan 14	-1	1
31 Oct 13	0	0

Quality Earnings: RPX is currently unprofitable.

Growing Profit Margin: RPX is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RPX is unprofitable, and losses have increased over the past 5 years at a rate of 16.9% per year.

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

Earnings vs Industry: RPX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.5%).

Return on Equity

High ROE: RPX has a negative Return on Equity (-64.84%), as it is currently unprofitable.

Red Pine Exploration Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

High number of new and inexperienced directors

Red Pine Exploration Inc. Appoints Alice Murphy to its Board of Directors

Red Pine Exploration Inc. Announces Assay Results from 7 Drill Holes Representing 2,538 Metres of Diamond Drilling from the 2023-2024 Resource Expansion Program At the Wawa Gold Project

Red Pine Exploration Inc. Appoints Michael Michaud as Chief Executive Officer, Effective on or Before July 19, 2024

Red Pine Exploration Inc. Announces Assay Results from 14 Drill Holes Representing 5,390 Metres of Diamond Drilling from the 2023-2024 Resource Expansion Program At the Wawa Gold Project

High number of new and inexperienced directors

Red Pine Exploration Inc. Elects New Directors At AGM

Red Pine Exploration (CVE:RPX) Will Have To Spend Its Cash Wisely

Red Pine Exploration Inc. Announces Chief Executive Officer Changes

Red Pine Exploration Inc. Announces Chief Executive Officer Changes

Red Pine Exploration Inc. Discovers High-Grade Gold Mineralization Extension in Jubilee Shear: Intersects 10.43 g/t Gold over 12.95 Metres, Including 164.71 g/t Gold over 0.52 Metres

Red Pine Exploration Inc. Reports New Assay Results from Its Ongoing Exploration Program

Red Pine Exploration Inc., Annual General Meeting, Mar 12, 2024

Red Pine Exploration Inc. Continues to Report New Assay Results from its Ongoing Exploration Program

Red Pine Exploration Inc. announced that it has received CAD 5.235693 million in funding

Red Pine Exploration Inc. announced that it expects to receive CAD 5.00012 million in funding

Red Pine Exploration Inc. Reports Continuing Assay Results from Its Ongoing Exploration Program

New major risk - Financial position

New minor risk - Financial position

Red Pine Exploration Inc. Reports New Drilling Results from Its Ongoing Exploration Program

Red Pine Exploration Inc. Reports New Drilling Results from Its Ongoing Exploration Program

Red Pine Exploration Inc. Reports New Drilling Results from Its Ongoing Exploration Program

Red Pine Exploration Inc. Reports Drilling Results from Its Ongoing Exploration Program

New major risk - Negative shareholders equity

Red Pine Exploration Inc. Shares Geophysical Interpretation of the Intrusive Related Gold System

Red Pine Discovers Significant Near-Surface Mineralization in the Footwall of the Jubilee Shear – 1.32 G/T over 100.99m Including 23.29 g/t Gold over 3.52m

Red Pine Exploration Inc. Outlines 2023 Drill Campaign Focusing on High Probability Resource Increase Targets

Red Pine Exploration Inc. Outlines 2023 Drill Campaign Focusing on High Probability Resource Increase Targets

Red Pine Exploration Inc. announced that it has received CAD 3.34 million in funding from ASA Gold and Precious Metals Limited

Red Pine Exploration Inc. announced that it has received CAD 3.34 million in funding from ASA Gold and Precious Metals Limited

Red Pine Exploration Inc. announced that it has received CAD 7.744999 million in funding from Merk Investments LLC

Red Pine Exploration Inc. announced that it has received CAD 7.745 million in funding from Merk Investments LLC

Red Pine Exploration Inc. Resigns Jim O'neill as Chief Financial Officer

Red Pine Reports its Best Intersection in the Hanging Wall of the Jubilee Shear Zone: 5.13 g/t Gold over 37.47m, Including 25.20 g/t Gold over 3.41m

Red Pine Exploration Provides Summary of Results of the on Going Exploration At Surluga

Red Pine Exploration Inc. Reports New Results from its 2022 Exploration Program

Red Pine Exploration Inc., Annual General Meeting, Jan 26, 2023

Price target decreased to CA$0.70

Red Pine Exploration Inc. Intersects High Grade Gold Mineralization in the Extensions of the Surluga Deposit; Intersects 42.95 g/t gold over 1.92 metres in the Jubilee Shear Zone south of the Parkhill Fault

Red Pine Exploration Inc. Continues to Intersect High Grade Gold in the Minto Mine South Deposit – 17.49G/T over 5.82M

Red Pine Intersects 68.71G/T Gold over 4.72M Including 231.5 G/T Gold over 1.06M in Extension of the Minto Mine South Deposit

Red Pine Exploration Inc. Reports Shallow High-Grade Gold Discovery in the Extension of the Sadowski Zone: 52.12 G/T Gold over 2.29 Metres

Red Pine Drilling Updates High-Grade Intersect in the Southern Extension of the Surluga Deposit of 8 G/T Au over 11.38 M and Multiple High-Grade Intersects in the North

Red Pine Exploration Inc. Reports on New Results from Its 2022 Phase 1 Exploration Program

Red Pine Provides 2022 Phase 1 Exploration Program Update

Red Pine Exploration Reports Drilling Results from Its 2021 Drilling Program

Red Pine Exploration Inc. Provides Updates on Its 2022 Phase 1 Drill Program

High number of new directors

Independent & Non-Executive Chairman recently bought CA$110k worth of stock

High number of new and inexperienced directors

High number of new and inexperienced directors

Red Pine Exploration Inc. Reports New and Notable Results from Its 2021 Drilling Program At the Wawa Gold Project

Red Pine Intersects High-Grade Gold in the Minto Vein, 109.37 g/t Gold over 2.68 Metres (Un-Cut and True Width) Including 314 g/t Gold over 0.84 Metre

Red Pine Exploration Inc.'s Successful Surface Sampling Program Identifies New Mineralized Zones

Red Pine Exploration Inc. to Report New Results from Its 2021 Drilling Program at the Wawa Gold Project

Red Pine Exploration Inc Announces to Report on Drill Progress at the Wawa Gold Project

Independent Director Peter Kampian has left the company

Non-Executive Chairman exercised options to buy CA$185k worth of stock.

Red Pine Exploration Inc. announced that it has received CAD 20.026805 million in funding

President Mia Boiridy has left the company

Red Pine Exploration Inc. (TSXV:RPX) entered in definitive securities purchase agreement to acquire remaining 36.69% interest in Wawa Gold Project from Citabar Limited Partnership for CAD 12.6 million.

Red Pine Exploration Inc. Announces Executive Changes

Red Pine Exploration Inc., Annual General Meeting, Mar 04, 2021

Red Pine Exploration Inc. Provides Update on its Wawa Gold Project

Red Pine Exploration Inc. Announces Last Assay Results from its Completed Summer 2020 Drilling Program at the Wawa Gold Project

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta