TSXV:RYR

Stock Analysis Report

Royal Road Minerals

Executive Summary

Royal Road Minerals Limited engages in the exploration and development of mineral properties in Colombia, Nicaragua, and Peru.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Royal Road Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RYR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.7%

RYR

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

162.5%

RYR

5.2%

CA Metals and Mining

4.7%

CA Market

Return vs Industry: RYR exceeded the Canadian Metals and Mining industry which returned 5.2% over the past year.

Return vs Market: RYR exceeded the Canadian Market which returned 4.7% over the past year.


Shareholder returns

RYRIndustryMarket
7 Day-6.7%4.7%0.1%
30 Day-22.2%4.2%0.8%
90 Day-4.5%15.2%3.7%
1 Year162.5%162.5%5.8%5.2%7.9%4.7%
3 Year133.3%133.3%-2.4%-4.0%17.9%7.3%
5 Yearn/a25.6%22.0%33.8%14.4%

Price Volatility Vs. Market

How volatile is Royal Road Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Royal Road Minerals undervalued compared to its fair value and its price relative to the market?

3.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: RYR is overvalued based on its PB Ratio (4x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Royal Road Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

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 Royal Road Minerals 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 Royal Road Minerals performed over the past 5 years?

-33.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RYR is currently unprofitable.

Growing Profit Margin: RYR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RYR is unprofitable, and losses have increased over the past 5 years at a rate of -33.7% per year.

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

Earnings vs Industry: RYR 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: RYR has a negative Return on Equity (-51.25%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Royal Road Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: RYR's short term assets (CA$2.2M) exceed its short term liabilities (CA$190.8K).

Long Term Liabilities: RYR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RYR is debt free.

Reducing Debt: RYR had no debt 5 years ago.


Balance Sheet

Inventory Level: RYR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RYR'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: RYR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RYR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Royal Road Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if RYR'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 RYR'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?

0.5yrs

Average management tenure


CEO

Tim Coughlin (53yo)

6.1yrs

Tenure

CA$210,540

Compensation

Dr. Timothy James Coughlin, also known as Tim, B.Sc., M.Sc., Ph.D. has been the Chief Executive Officer and President of Royal Road Minerals Limited since January 22, 2014. Dr. Coughlin has been an Adviser ...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD159.33K) is about average for companies of similar size in the Canadian market ($USD154.65K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Coughlin
President6.1yrsCA$210.54k1.73% CA$835.4k
Vernon Arseneault
COO & Executive Director7.8yrsCA$12.00k0.18% CA$86.9k
Aamer Siddiqui
Chief Financial Officer0.6yrsno datano data
María Gutiérrez
Investor Relations Manager0.08yrsno datano data
Eric Lowy
Company Secretary and Internal Counsel0yrsno datano data
Mauricio Valencia
Chief Geologist0.6yrsno datano data
Nigel Chapman
Vice President of Exploration0.4yrsno datano data

0.5yrs

Average Tenure

Experienced Management: RYR's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Timothy Coughlin
President6.1yrsCA$210.54k1.73% CA$835.4k
Vernon Arseneault
COO & Executive Director7.8yrsCA$12.00k0.18% CA$86.9k
Peter Mullens
Chairman of the Board6.1yrsCA$12.00k1.42% CA$683.8k
Elizabeth Wall
Independent Director0.8yrsno datano data
Jonathan Hill
Director2.6yrsCA$12.00k0.046% CA$21.9k

6.1yrs

Average Tenure

Experienced Board: RYR's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 5.2%.


Top Shareholders

Company Information

Royal Road Minerals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Royal Road Minerals Limited
  • Ticker: RYR
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$48.188m
  • Shares outstanding: 229.47m
  • Website: https://royalroadminerals.com

Location

  • Royal Road Minerals Limited
  • 4 Wharf Street
  • Suite 30
  • Saint Helier
  • JE2 3NR
  • Jersey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RYRTSXV (TSX Venture Exchange)YesOrdinary SharesCACADApr 2015
RLUDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2015
RRDM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2015

Biography

Royal Road Minerals Limited engages in the exploration and development of mineral properties in Colombia, Nicaragua, and Peru. The company primarily explores for gold and copper deposits. It holds interests in the Los Andes project located in Boaco province of Nicaragua; and the Piedra Iman property located in Chinandega Province of northwestern Nicaragua. In addition, the company holds various mining concession agreements; and has right to acquire mining concessions over approximately 215,000 hectares of land in prospective mineral belts in the Nariño, Cauca, Antioquia, Caldas, and Risaralda departments of Colombia. The company was formerly known as Tigris Resources Limited and changed its name to Royal Road Minerals Limited in April 2015. Royal Road Minerals Limited was incorporated in 2010 and is headquartered in Saint Helier, Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:38
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.