Surge Exploration Inc. engages in the acquisition and exploration of mineral properties in North America.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Surge Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUR 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: SUR underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.
Return vs Market: SUR underperformed the Canadian Market which returned -2% over the past year.
Price Volatility Vs. Market
How volatile is Surge Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StSurge Exploration (CVE:SUR) Will Have To Spend Its Cash Wisely
7 months ago | Simply Wall StIntroducing Surge Exploration (CVE:SUR), The Stock That Slid 69% In The Last Five Years
Is Surge Exploration 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 SUR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SUR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SUR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: SUR 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 SUR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SUR is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (1.5x).
How is Surge Exploration 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 Surge Exploration 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 Surge Exploration'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.
- Surge Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Surge Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUR is currently unprofitable.
Growing Profit Margin: SUR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SUR is unprofitable, and losses have increased over the past 5 years at a rate of -8.4% per year.
Accelerating Growth: Unable to compare SUR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SUR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: SUR has a negative Return on Equity (-137.82%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Surge Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: SUR's short term assets (CA$327.9K) exceed its short term liabilities (CA$208.9K).
Long Term Liabilities: SUR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SUR is debt free.
Reducing Debt: SUR had no debt 5 years ago.
Inventory Level: SUR has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SUR'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: SUR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SUR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -41.9% each year
What is Surge Exploration's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SUR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SUR'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 SUR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SUR'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 SUR'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 management tenure
Tim Fernback (50yo)
Mr. Timothy Cyril Fernback, also known as Tim, MBA, CPA, CMA, has been the President and Chief Executive Officer of Surge Exploration Inc. since September 1, 2018 and serves as a Director of Surge Explorat ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD161.65K) is about average for companies of similar size in the Canadian market ($USD157.16K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||1yrs||no data||no data|
|Corporate Secretary||1.6yrs||no data||no data|
Experienced Management: SUR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Member of Advisory Board||9.5yrs||no data||no data|
|Independent Director||8.6yrs||no data||0.013% CA$131.0|
|Independent Director||17.7yrs||no data||0.0054% CA$54.0|
|Member of Advisory Board||7.7yrs||no data||no data|
Experienced Board: SUR's board of directors are considered experienced (8.6 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.6%.
Surge Exploration Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Surge Exploration Inc.
- Ticker: SUR
- Exchange: TSXV
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$993.442k
- Shares outstanding: 99.34m
- Website: https://surgeexploration.com
- Surge Exploration Inc.
- 789 West Pender Street
- Suite 1220
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SUR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 1990|
|DJ5C||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1990|
|SURJ.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1990|
Surge Exploration Inc. engages in the acquisition and exploration of mineral properties in North America. The company focuses on gold, copper, cobalt, precious metals, and energy metals. It has option to earn a 60% interests in two principal cobalt properties, The Teledyne Cobalt Property and the Glencore Bucke Cobalt Property located in Ontario, Canada. The company also holds 100% interest in the Gold-Copper Trapper Lake Property consisting of 15 mineral claims located in the prolific golden triangle region of northwestern British Columbia; and an option to purchase a 100% interest in a polymetallic silver, copper, lead, and zinc deposits. The company was formerly known as Copper Creek Gold Corp. and changed its name to Surge Exploration Inc. in April 2018. Surge Exploration Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 23:53|
|End of Day Share Price||2020/02/27 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.