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
|Historical stock prices|
|Current Share Price||CA$0.13|
|52 Week High||CA$0.18|
|52 Week Low||CA$0.10|
|1 Month Change||8.70%|
|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
|RRI||CA Metals and Mining||CA Market|
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.
|RRI Average Weekly Movement||12.0%|
|Metals and Mining Industry Average Movement||11.7%|
|Market Average Movement||10.6%|
|10% most volatile stocks in CA Market||18.9%|
|10% least volatile stocks in CA Market||4.3%|
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
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
|RRI fundamental statistics|
Is RRI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RRI income statement (TTM)|
|Cost of Revenue||CA$5.39k|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.00019|
|Net Profit Margin||0.00%|
How did RRI perform over the long term?See historical performance and comparison
Is RRI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is RRI's n/a Ratio?|
Price to Book Ratio vs Peers
How does RRI's PB Ratio compare to its peers?
|RRI PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
NAR North Arrow Minerals
MNRL Monumental Minerals
SMC Sulliden Mining Capital
CANX CANEX Metals
RRI Riverside Resources
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.
|Current PB Ratio||0.8x|
|Fair PB Ratio||n/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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How is Riverside Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Riverside Resources performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
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.
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How is Riverside Resources's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RRI's short term assets (CA$7.5M) exceed its short term liabilities (CA$4.1M).
Long Term Liabilities: RRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RRI is debt free.
Reducing Debt: RRI had no debt 5 years ago.
Debt Coverage: RRI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RRI has no debt, therefore coverage of interest payments is not a concern.
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What is Riverside Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RRI's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RRI has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John-Mark Staude (57 yo)
Dr. John-Mark Gardner Staude, P. Geo., M.Sc., Ph.D. has been the Chief Executive Officer and President of Riverside Resources Inc., since July 2007. Dr. Staude serves as the President of 0782512 B.C. Ltd....
CEO Compensation Analysis
Compensation vs Market: John-Mark's total compensation ($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.
Experienced Management: RRI's management team is seasoned and experienced (14.8 years average tenure).
Experienced Board: RRI's board of directors are considered experienced (5.7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.8%.
Riverside Resources Inc.'s employee growth, exchange listings and data sources
- 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
- Riverside Resources Inc.
- 800 West Pender Street
- Suite 550
- British Columbia
- V6C 2V6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.