TSXV:RSV

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RSV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

RSV

-6.7%

CA Metals and Mining

-1.6%

CA Market


1 Year Return

-17.6%

RSV

46.2%

CA Metals and Mining

-8.0%

CA Market

Return vs Industry: RSV underperformed the Canadian Metals and Mining industry which returned 46.2% over the past year.

Return vs Market: RSV underperformed the Canadian Market which returned -8% over the past year.


Shareholder returns

RSVIndustryMarket
7 Day0%-6.7%-1.6%
30 Day-6.7%-4.6%-3.8%
90 Day-12.5%10.3%5.1%
1 Year-17.6%-17.6%47.3%46.2%-4.8%-8.0%
3 Year-68.9%-68.9%52.4%49.5%6.5%-3.8%
5 Yearn/a167.9%159.9%39.2%17.9%

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 compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Resolve Ventures is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Resolve Ventures has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of RSV's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Resolve Ventures regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

20.8%

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

  • Take a look at our analysis of RSV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Resolve Ventures competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Resolve Ventures performed over the past 5 years?

-29.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RSV is currently unprofitable.

Growing Profit Margin: RSV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RSV is unprofitable, and losses have increased over the past 5 years at a rate of 29.5% per year.

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

Earnings vs Industry: RSV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).


Return on Equity

High ROE: RSV's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Resolve Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: RSV has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: RSV has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: RSV is debt free.

Reducing Debt: RSV's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: RSV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RSV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.6% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RSV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if RSV'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 RSV's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Clive Massey (60 yo)

2.83yrs

Tenure

CA$72,000

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: Clive's total compensation ($USD53.69K) is below average for companies of similar size in the Canadian market ($USD174.80K).

Compensation vs Earnings: Clive's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Clive Massey
President2.83yrsCA$72.00k1.41%
CA$ 22.5k
Alexander Helmel
CFO & Director2.67yrsCA$36.00kno data
Penilla Klomp
Corporate Secretary1.67yrsno datano data

2.8yrs

Average Tenure

Experienced Management: RSV's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Clive Massey
President2.83yrsCA$72.00k1.41%
CA$ 22.5k
Alexander Helmel
CFO & Director2.67yrsCA$36.00kno data
Ralph Henneberry
Member of Advisory Boardno datano datano data
James Hyland
Independent Director2.67yrsno datano data

2.7yrs

Average Tenure

57.5yo

Average Age

Experienced Board: RSV's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: RSV 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 13%.


Top Shareholders

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$1.599m
  • Shares outstanding: 22.84m
  • Website: https://www.resolveventures.com

Location

  • Resolve Ventures Inc.
  • 830 – 1100 Melville Street
  • Vancouver
  • British Columbia
  • V6E 4A6
  • 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. The company was incorporated in 1980 and is based in Vancouver, Canada.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 04:45
End of Day Share Price2020/09/22 00:00
Earnings2020/05/31
Annual Earnings2019/08/31


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.