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RRI

Riverside Resources TSXV:RRI Stock Report

Last Price

CA$0.13

Market Cap

CA$9.3m

7D

-7.4%

1Y

-28.6%

Updated

15 Aug, 2022

Data

Company Financials
RRI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

RRI Stock Overview

Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in North America.

Riverside Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Riverside Resources
Historical stock prices
Current Share PriceCA$0.13
52 Week HighCA$0.18
52 Week LowCA$0.10
Beta1.19
1 Month Change8.70%
3 Month Change-16.67%
1 Year Change-28.57%
3 Year Change-26.47%
5 Year Change-68.35%
Change since IPO-86.11%

Recent News & Updates

Shareholder Returns

RRICA Metals and MiningCA Market
7D-7.4%4.4%3.0%
1Y-28.6%-14.3%0.7%

Return vs Industry: RRI underperformed the Canadian Metals and Mining industry which returned -14.3% over the past year.

Return vs Market: RRI underperformed the Canadian Market which returned 0.7% over the past year.

Price Volatility

Is RRI's price volatile compared to industry and market?
RRI volatility
RRI Average Weekly Movement12.0%
Metals and Mining Industry Average Movement11.7%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.9%
10% least volatile stocks in CA Market4.3%

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

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

About the Company

FoundedEmployeesCEOWebsite
2006n/aJohn-Mark Staudehttps://www.rivres.com

Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in North America. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Oakes, High Lake Greenstone Belt, Longrose, Pichette, and Kenora projects located in Canada; and the La Silla, Sandy, Tajitos, and Ariel projects located in Mexico.

Riverside Resources Fundamentals Summary

How do Riverside Resources's earnings and revenue compare to its market cap?
RRI fundamental statistics
Market CapCA$9.31m
Earnings (TTM)CA$14.57k
Revenue (TTM)n/a

657.9x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RRI income statement (TTM)
RevenueCA$0
Cost of RevenueCA$5.39k
Gross Profit-CA$5.39k
Other Expenses-CA$19.97k
EarningsCA$14.57k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.00019
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did RRI perform over the long term?

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

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 RRI?

Other financial metrics that can be useful for relative valuation.

RRI 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-3.4x
PEG Ration/a

Price to Book Ratio vs Peers

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

RRI PB Ratio vs Peers
The above table shows the PB ratio for RRI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average3.9x
NAR North Arrow Minerals
0.5xn/aCA$9.1m
MNRL Monumental Minerals
12.7xn/aCA$8.8m
SMC Sulliden Mining Capital
0.6xn/aCA$8.3m
CANX CANEX Metals
1.9xn/aCA$10.9m
RRI Riverside Resources
0.8xn/aCA$9.3m

Price-To-Book vs Peers: RRI is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (3.9x).


Price to Earnings Ratio vs Industry

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

Price-To-Book vs Industry: RRI is good value based on its Price-To-Book Ratio (0.8x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is RRI'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.

RRI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.8x
Fair PB Ration/a

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


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate RRI'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: Insufficient data to show price forecast.


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Future Growth

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

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


13.2%

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 Riverside 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 SimplyWall St do have past financial data.


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  • Examine Riverside 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.
  • Riverside Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Riverside Resources performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


42.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RRI has a high level of non-cash earnings.

Growing Profit Margin: Insufficient data to determine if RRI's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: RRI has become profitable over the past 5 years, growing earnings by 42.6% per year.

Accelerating Growth: RRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RRI had negative earnings growth (-99.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-15.8%).


Return on Equity

High ROE: RRI's Return on Equity (0.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Riverside Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RRI's short term assets (CA$7.5M) exceed its short term liabilities (CA$4.1M).

Long Term Liabilities: RRI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RRI is debt free.

Reducing Debt: RRI had no debt 5 years ago.

Debt Coverage: RRI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RRI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Riverside Resources's 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 RRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


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Management

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

14.8yrs

Average management tenure


CEO

John-Mark Staude (57 yo)

15.08yrs

Tenure

CA$246,440

Compensation

Dr. John-Mark Gardner Staude, P. Geo., M.Sc., Ph.D. has been the Chief Executive Officer and President of Riverside Resources Inc., since July 2007. Dr. Staude serves as the President of 0782512 B.C. Ltd....


CEO Compensation Analysis

Compensation vs Market: John-Mark's total compensation ($USD191.05K) is about average for companies of similar size in the Canadian market ($USD186.79K).

Compensation vs Earnings: John-Mark's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RRI's management team is seasoned and experienced (14.8 years average tenure).


Board Members

Experienced Board: RRI's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RRI 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 4.8%.


Top Shareholders

Company Information

Riverside Resources Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Riverside Resources Inc.
  • Ticker: RRI
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Implied Market Cap: CA$9.306m
  • Shares outstanding: 74.45m
  • Website: https://www.rivres.com

Location

  • Riverside Resources Inc.
  • 800 West Pender Street
  • Suite 550
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.