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.

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

0%

RSV

0.1%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-21.1%

RSV

12.5%

CA Metals and Mining

1.5%

CA Market

Return vs Industry: RSV underperformed the Canadian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: RSV underperformed the Canadian Market which returned 1.5% over the past year.


Shareholder returns

RSVIndustryMarket
7 Day0%0.1%-0.2%
30 Day-16.7%-6.0%-3.5%
90 Day15.4%-5.0%-1.8%
1 Year-21.1%-21.1%13.5%12.5%5.1%1.5%
3 Year-79.2%-79.2%-11.1%-12.8%13.3%3.2%
5 Year-83.3%-83.3%8.0%3.9%25.2%7.2%

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?

55.43x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RSV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RSV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RSV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: RSV 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 RSV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RSV is overvalued based on its PB Ratio (55.4x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

43.8%

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

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

Earnings Trend: RSV is unprofitable, and losses have increased over the past 5 years at a rate of -31.9% 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 (-13.7%).


Return on Equity

High ROE: RSV has a negative Return on Equity (-3847.62%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: RSV is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: RSV is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Resolve Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: RSV's short term assets (CA$181.4K) exceeds its short term liabilities (CA$154.7K)

Long Term Liabilities: RSV has no long term liabilities


Debt to Equity History and Analysis

Debt Level: RSV is debt free.

Reducing Debt: RSV had no debt 5 years ago.


Balance Sheet

Inventory Level: RSV has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RSV'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: 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 -82.8% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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

4.2yrs

Average board tenure


CEO

Clive Massey (59yo)

1.9yrs

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

4.2yrs

Average Tenure

56.5yo

Average Age

Experienced Board: RSV's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

Insider Buying: RSV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$22,50023 Sep 19
Blair Naughty
EntityIndividual
Shares300,000
Max PriceCA$0.075
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: 1.9yrs
  • Alex Helmel (49yo)

    CFO & Director

    • Tenure: 0yrs
  • Kelly Pladson

    Corporate Secretary

    • Tenure: 0yrs

Board Members

  • Don Dybyk

    Director

    • Tenure: 6.4yrs
    • Compensation: CA$6.00k
  • J. Terris (73yo)

    Director

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

    President

    • Tenure: 1.9yrs
  • Alex Helmel (49yo)

    CFO & Director

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

    Director

    • Tenure: 1.8yrs

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$1.516m
  • 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 Analysis2019/10/20 23:38
End of Day Share Price2019/10/10 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.