Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in Canada, the United States, and Mexico.
Flawless balance sheet and overvalued.
Share Price & News
How has Riverside Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RRI's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: RRI exceeded the Canadian Metals and Mining industry which returned 4.8% over the past year.
Return vs Market: RRI exceeded the Canadian Market which returned 4.6% over the past year.
Price Volatility Vs. Market
How volatile is Riverside Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Kind Of Shareholders Own Riverside Resources Inc. (CVE:RRI)?
2 months ago | Simply Wall StRiverside Resources (CVE:RRI) Is In A Good Position To Deliver On Growth Plans
4 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The Riverside Resources Inc.'s (CVE:RRI) Shareholder Register?
Is Riverside Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RRI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RRI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RRI is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: RRI 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 RRI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RRI is good value based on its PB Ratio (1.2x) compared to the CA Metals and Mining industry average (1.6x).
How is Riverside Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Explore growth companies in the Materials industry.
How has Riverside Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRI is currently unprofitable.
Growing Profit Margin: RRI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RRI is unprofitable, but has reduced losses over the past 5 years at a rate of 28.4% per year.
Accelerating Growth: Unable to compare RRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RRI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: RRI has a negative Return on Equity (-13.03%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Riverside Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RRI's short term assets (CA$5.7M) exceed its short term liabilities (CA$2.3M).
Long Term Liabilities: RRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RRI is debt free.
Reducing Debt: RRI has not had any debt for past 5 years.
Inventory Level: RRI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if RRI'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: RRI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RRI has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of -13.6% each year.
What is Riverside Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate RRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RRI'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 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.
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 RRI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John-Mark Staude (54yo)
Dr. John-Mark Gardner Staude, P. Geo., M.Sc., Ph.D. has been the Chief Executive Officer of Riverside Resources Inc., since July 2007 and as its President since January 18, 2007. Dr. Staude serves as the P ...
CEO Compensation Analysis
Compensation vs Market: John-Mark's total compensation ($USD170.26K) is about average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: John-Mark's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||12.9yrs||CA$170.00k||1.31% CA$157.6k|
|Chief Operations & Data Strategist||1.1yrs||no data||no data|
|Vice President of Corporate Development||0.8yrs||no data||no data|
|Corporate Secretary||11.9yrs||no data||0.00079% CA$94.9|
Experienced Management: RRI's management team is seasoned and experienced (11.9 years average tenure).
|Independent Director||12.3yrs||CA$12.00k||no data|
|Member of Advisory Board||2.8yrs||no data||no data|
|Independent Director||3.7yrs||CA$12.00k||no data|
|Member of Advisory Committee||2.1yrs||CA$99.16k||no data|
|Independent Director||11.7yrs||CA$12.00k||0.037% CA$4.5k|
|Independent Director||3.7yrs||CA$12.00k||0.36% CA$42.7k|
|Member of Advisory Board||2.1yrs||no data||no data|
Experienced Board: RRI's board of directors are considered experienced (3.7 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 22.2%.
Riverside Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Riverside Resources Inc.
- Ticker: RRI
- Exchange: TSXV
- Founded: 2006
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$12.016m
- Shares outstanding: 63.24m
- Website: https://www.rivres.com
- Riverside Resources Inc.
- 550 – 800 West Pender Street
- British Columbia
- V6C 2V6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RRI||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2007|
|R99||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2007|
|RVSD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2007|
Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in Canada, the United States, and Mexico. The company primarily explores for gold, silver, and copper deposits. It holds interest in the Peñoles, Tajitos, La Silla, Ariel, Cecilia, Teco, Australia, Suaqui Verde, Palo Fierro, Los Cuarentas, and La Union projects located in Mexico. The company also holds interest in the Oakes, Longrose, Pichette, and Vincent projects in Canada. Riverside Resources Inc. was founded in 2006 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 01:27|
|End of Day Share Price||2020/02/21 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.