Stratabound Minerals Corp. engages in the acquisition and exploration of mineral resource properties in Canada.
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
2 weeks ago | Simply Wall StCould The Stratabound Minerals Corp. (CVE:SB) Ownership Structure Tell Us Something Useful?
3 months ago | Simply Wall StDo Insiders Own Shares In Stratabound Minerals Corp. (CVE:SB)?
1 year ago | Simply Wall StDo Insiders Own Lots Of Shares In Stratabound Minerals Corp (CVE:SB)?
Is Stratabound Minerals undervalued compared to its fair value and its price relative to the market?
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).
How is Stratabound Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Stratabound Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Stratabound Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Stratabound Minerals performed over the past 5 years?
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
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.
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.
What is Stratabound Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Robert Tyler 0
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.
|Interim Chairman & Executive VP||0.2yrs||no data||2.42% CA$87.5k|
|Independent Director||9.4yrs||no data||1.02% CA$36.8k|
|Director||0.2yrs||no data||0.35% CA$12.8k|
|Independent Director||3.8yrs||no data||1.08% CA$39.1k|
|Director||0.2yrs||no data||no data|
Experienced Board: SB's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.9%.
Stratabound Minerals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Stratabound Minerals Corp.
- Ticker: SB
- Exchange: TSXV
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$3.623m
- Shares outstanding: 42.63m
- Website: https://www.stratabound.ca
- Stratabound Minerals Corp.
- 100 King Street West
- Suite 5700
- M5X 1C7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AGSM||OTCPK (Pink Sheets LLC)||Common Shares||US||USD||Jun 2008|
|SB||TSXV (TSX Venture Exchange)||Yes||New Common Shares||CA||CAD||May 2016|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:36|
|End of Day Share Price||2020/02/20 00:00|
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.