TSXV:SB

Stock Analysis Report

Stratabound Minerals

Executive Summary

Stratabound Minerals Corp. engages in the acquisition and exploration of mineral resource properties in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SB

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-46.7%

SB

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: SB underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: SB underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

SBIndustryMarket
7 Day0%3.1%0.6%
30 Day-20.0%3.5%1.0%
90 Day33.3%11.9%4.5%
1 Year-46.7%-46.7%5.4%4.7%8.6%5.3%
3 Year-55.6%-55.6%-4.3%-5.9%18.0%7.4%
5 Yearn/a24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SB is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.9%

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 Stratabound 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 Stratabound Minerals performed over the past 5 years?

91.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SB is currently unprofitable.

Growing Profit Margin: SB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SB is unprofitable, but has reduced losses over the past 5 years at a rate of 91% per year.

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

Earnings vs Industry: SB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).


Return on Equity

High ROE: SB has a negative Return on Equity (-12.64%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Stratabound Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: SB's short term assets (CA$415.3K) exceed its short term liabilities (CA$205.7K).

Long Term Liabilities: SB has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SB's debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: SB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

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

Debt Coverage by Assets: SB's debt is covered by short term assets (assets are 27.7x debt).


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

Forecast Cash Runway: SB has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

1.3yrs

Average board tenure


CEO

Robert Tyler 0

2.3yrs

Tenure

CA$78,000

Compensation

Mr. Robert Kim Tyler, B.Sc, P.Geo, has been President, Chief Executive Officer and Director of the Stratabound Minerals Corp. since October 23, 2017. Mr. Tyler is a Mining and Exploration Professional with ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD58.82K) is below average for companies of similar size in the Canadian market ($USD154.33K).

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


Board Members

NamePositionTenureCompensationOwnership
Terrence Byberg
Interim Chairman & Executive VP0.2yrsno data2.42% CA$87.5k
Robert Tyler
President2.3yrsCA$78.00k0.48% CA$17.4k
Michael Page
Independent Director9.4yrsno data1.02% CA$36.8k
Rodney Lamond
Director0.2yrsno data0.35% CA$12.8k
Robert Robb
Independent Director3.8yrsno data1.08% CA$39.1k
Hashim Ahmed
Director0.2yrsno datano data

1.3yrs

Average Tenure

68yo

Average Age

Experienced Board: SB's board of directors are not considered experienced ( 1.3 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: SB 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 20.9%.


Top Shareholders

Company Information

Stratabound Minerals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Stratabound Minerals Corp.
  • Ticker: SB
  • Exchange: TSXV
  • Founded:
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$3.623m
  • Shares outstanding: 42.63m
  • Website: https://www.stratabound.ca

Location

  • Stratabound Minerals Corp.
  • 100 King Street West
  • Suite 5700
  • Toronto
  • Ontario
  • M5X 1C7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AGSMOTCPK (Pink Sheets LLC)Common SharesUSUSDJun 2008
SBTSXV (TSX Venture Exchange)YesNew Common SharesCACADMay 2016

Biography

Stratabound Minerals Corp. engages in the acquisition and exploration of mineral resource properties in Canada. It primarily explores for lead, zinc, silver, copper, gold, and cobalt deposits. The company holds a 100% interest in the CNE/Captain and Taylor Brook deposits comprising 158 claims; and the CNE mining lease located in the Bathurst base metal mining camp, New Brunswick. It also has an option agreement to acquire a 100% interest in the Golden Culvert and Little Hyland properties covering an area of 83.8 square kilometers located in the southeast Yukon Territory. Stratabound Minerals Corp. is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:36
End of Day Share Price2020/02/20 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.