TSXV:SOC

Stock Analysis Report

Sonora Gold & Silver

Executive Summary

Sonora Gold & Silver Corp., an exploration stage company, engages in the exploration and development of precious and base metal projects in Tanzania.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Sonora Gold & Silver's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SOC

13.4%

CA Metals and Mining

7.1%

CA Market


1 Year Return

-64.3%

SOC

-9.7%

CA Metals and Mining

-25.3%

CA Market

Return vs Industry: SOC underperformed the Canadian Metals and Mining industry which returned -9.7% over the past year.

Return vs Market: SOC underperformed the Canadian Market which returned -25.3% over the past year.


Shareholder returns

SOCIndustryMarket
7 Day0%13.4%7.1%
30 Day-28.6%-14.2%-24.1%
90 Day-37.5%-14.5%-26.7%
1 Year-64.3%-64.3%-9.1%-9.7%-22.9%-25.3%
3 Year-72.2%-72.2%-14.8%-16.4%-15.6%-23.4%
5 Year150.0%150.0%9.1%6.1%-3.2%-17.5%

Price Volatility Vs. Market

How volatile is Sonora Gold & Silver's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sonora Gold & Silver undervalued compared to its fair value and its price relative to the market?

3.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SOC is overvalued based on its PB Ratio (3.1x) compared to the CA Metals and Mining industry average (1.1x).


Next Steps

Future Growth

How is Sonora Gold & Silver forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.1%

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 Sonora Gold & Silver 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 Sonora Gold & Silver performed over the past 5 years?

4.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOC is currently unprofitable.

Growing Profit Margin: SOC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SOC is unprofitable, but has reduced losses over the past 5 years at a rate of 4.7% per year.

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

Earnings vs Industry: SOC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.4%).


Return on Equity

High ROE: SOC has a negative Return on Equity (-19.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sonora Gold & Silver's financial position?


Financial Position Analysis

Short Term Liabilities: SOC's short term assets (CA$59.4K) exceed its short term liabilities (CA$5.5K).

Long Term Liabilities: SOC's short term assets (CA$59.4K) do not cover its long term liabilities (CA$-5.5K).


Debt to Equity History and Analysis

Debt Level: SOC is debt free.

Reducing Debt: SOC has not had any debt for past 5 years.


Balance Sheet

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

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

Forecast Cash Runway: SOC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -4.5% each year


Next Steps

Dividend

What is Sonora Gold & Silver's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

11.1yrs

Average management tenure


CEO

Ken Churchill

11.58s

Tenure

CA$60,000

Compensation

Mr. Kenneth Churchill, also known as Ken, has been the President and Chief Executive Officer of Sonora Gold and Silver Corp. since August 1, 2008 and has been its Director since June 26, 2008. He has succe ...


CEO Compensation Analysis

Compensation vs Market: Ken's total compensation ($USD42.63K) is below average for companies of similar size in the Canadian market ($USD157.44K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kenneth Churchill
President11.58yrsCA$60.00k3.13% CA$55.5k
Robert Dinning
CFO & Director7.17yrsCA$36.00k0.56% CA$10.0k
Lindsay Carswell
Executive Officer of Corporate Development & Investor Relations13.83yrsno datano data
David George
Consultant9.67yrsno datano data

11.1yrs

Average Tenure

Experienced Management: SOC's management team is seasoned and experienced (11.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kenneth Churchill
President11.58yrsCA$60.00k3.13% CA$55.5k
Robert Dinning
CFO & Director7.17yrsCA$36.00k0.56% CA$10.0k
Michael Resendes
Independent Director14.5yrsno data0.11% CA$1.9k
Heinrich Grabner
Independent Director4.17yrsno data0.17% CA$3.0k

7.2yrs

Average Tenure

45yo

Average Age

Experienced Board: SOC's board of directors are considered experienced (7.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sonora Gold & Silver Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sonora Gold & Silver Corp.
  • Ticker: SOC
  • Exchange: TSXV
  • Founded: 1983
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$1.773m
  • Shares outstanding: 70.93m
  • Website: https://www.sonoragoldcorp.com

Location

  • Sonora Gold & Silver Corp.
  • 905 West Pender Street
  • Suite 210
  • Vancouver
  • British Columbia
  • V6C 1L6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOCTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 1992
SOCJ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 1992

Biography

Sonora Gold & Silver Corp., an exploration stage company, engages in the exploration and development of precious and base metal projects in Tanzania. The company primarily focuses on the exploration of gold and silver mineral properties. It holds interests in the Handeni concession located in Tanzania. The company was formerly known as Mont Blanc Resources and changed its name to Sonora Gold & Silver Corp. in July 2008. Sonora Gold & Silver Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 03:27
End of Day Share Price2020/03/19 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


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.