TSXV:RSV

Stock Analysis Report

Executive Summary

Resolve Ventures Inc. engages in the acquisition, exploration, and development of resource properties in Canada.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Resolve Ventures has significant price volatility in the past 3 months.
  • Resolve Ventures is not covered by any analysts.

Share Price & News

How has Resolve Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.9%

TSXV:RSV

-0.3%

CA Metals and Mining

1.6%

CA Market


1 Year Return

28.6%

TSXV:RSV

20.2%

CA Metals and Mining

-0.5%

CA Market

RSV outperformed the Metals and Mining industry which returned 20.2% over the past year.

RSV outperformed the Market in Canada which returned -0.5% over the past year.


Share holder returns

RSVIndustryMarket
7 Day5.9%-0.3%1.6%
30 Day28.6%-0.8%3.9%
90 Day-5.3%9.0%0.8%
1 Year28.6%28.6%21.1%20.2%3.0%-0.5%
3 Year-77.8%-77.8%-10.8%-12.4%19.5%8.8%
5 Year-84.6%-84.6%0.9%-2.9%21.0%3.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Resolve Ventures undervalued based on future cash flows and its price relative to the stock market?

66.52x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Resolve Ventures to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Resolve Ventures to establish if it is available at substantial discount.


Price Based on Earnings

Resolve Ventures is loss making, we can't compare its value to the CA Metals and Mining industry average.

Resolve Ventures is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Resolve Ventures, we can't assess if its growth is good value.


Price Based on Value of Assets

Resolve Ventures is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Resolve Ventures expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.4%

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 Resolve Ventures 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 Resolve Ventures performed over the past 5 years?

-31.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Resolve Ventures does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Resolve Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Resolve Ventures's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Resolve Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Resolve Ventures has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Resolve Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Resolve Ventures's financial position?


Financial Position Analysis

Resolve Ventures is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Resolve Ventures has no long term commitments.


Debt to Equity History and Analysis

Resolve Ventures has no debt.

Resolve Ventures currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

Resolve Ventures has no debt, it does not need to be 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.

Resolve Ventures has less than a year of cash runway based on current free cash flow.

Resolve Ventures has less than a year of cash runway if free cash flow continues to grow at historical rates of 82.8% each year.


Next Steps

Dividend

What is Resolve Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Resolve Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Resolve Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Resolve Ventures has not reported any payouts.

Unable to verify if Resolve Ventures's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Resolve Ventures has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Resolve Ventures's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average board tenure


CEO

Clive Massey (59yo)

1.8yrs

Tenure

0

Mr. Clive H. Massey has been Chief Executive Officer and President of Universal Copper Ltd. (Tasca Resources Ltd.), since May 31, 2016 and has been its Director since September 29, 2016. Mr. Massey has bee ...


Board Age and Tenure

4.1yrs

Average Tenure

56.5yo

Average Age

The tenure for the Resolve Ventures board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$1,70003 Apr 19
Blair Naughty
EntityIndividual
Shares17,000
Max PriceCA$0.10
BuyCA$2,30029 Mar 19
Blair Naughty
EntityIndividual
Shares23,000
Max PriceCA$0.10
BuyCA$6,00027 Mar 19
Blair Naughty
EntityIndividual
Shares60,000
Max PriceCA$0.10
BuyCA$50,00025 Mar 19
Blair Naughty
EntityIndividual
Shares666,666
Max PriceCA$0.075
BuyCA$22,50014 Feb 19
Clive Massey
EntityIndividual
Role
Chief Executive Officer
President
Shares321,428
Max PriceCA$0.07
BuyCA$63,75005 Feb 19
Blair Naughty
EntityIndividual
Shares910,714
Max PriceCA$0.07

Ownership Breakdown


Management Team

  • Clive Massey (59yo)

    President

    • Tenure: 1.8yrs
  • Alex Helmel (49yo)

    CFO & Director

    • Tenure: 0yrs
  • Kelly Pladson

    Corporate Secretary

    • Tenure: 0yrs

Board Members

  • Don Dybyk

    Director

    • Tenure: 6.3yrs
    • Compensation: CA$6.00k
  • J. Terris (73yo)

    Director

    • Tenure: 8.8yrs
  • Clive Massey (59yo)

    President

    • Tenure: 1.8yrs
  • Alex Helmel (49yo)

    CFO & Director

    • Tenure: 0yrs
  • Jamie Hyland (54yo)

    Director

    • Tenure: 1.7yrs

Company Information

Resolve Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Resolve Ventures Inc.
  • Ticker: RSV
  • Exchange: TSXV
  • Founded: 1980
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.819m
  • Shares outstanding: 20.22m
  • Website: https://www.resolveventures.com

Location

  • Resolve Ventures Inc.
  • 838 West Hastings Street
  • Suite 700
  • Vancouver
  • British Columbia
  • V6C 0A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RSVTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988

Biography

Resolve Ventures Inc. engages in the acquisition, exploration, and development of resource properties in Canada. It holds 100% interest in the Windfall Lake Property that consists of 29 map designated cell ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 23:52
End of Day Share Price2019/09/17 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.