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Surge Copper

TSXV:SURG
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SURG
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Surge Copper Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 17 days ago. More info.


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  • Surge Copper has significant price volatility in the past 3 months.
SURG Share Price and Events
7 Day Returns
-18.8%
TSXV:SURG
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-66.7%
TSXV:SURG
-7.9%
CA Metals and Mining
-0.1%
CA Market
SURG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Surge Copper (SURG) -18.8% 8.3% 30% -66.7% -53.6% -92.8%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • SURG underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • SURG underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
SURG
Industry
5yr Volatility vs Market

Value

 Is Surge Copper undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Surge Copper. This is due to cash flow or dividend data being unavailable. The share price is CA$0.065.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Surge Copper's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Surge Copper's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:SURG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.00
TSXV:SURG Share Price ** TSXV (2019-03-18) in CAD CA$0.07
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Surge Copper.

TSXV:SURG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:SURG Share Price ÷ EPS (both in CAD)

= 0.07 ÷ 0.00

-16.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Surge Copper is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Surge Copper is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Surge Copper's expected growth come at a high price?
Raw Data
TSXV:SURG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Surge Copper, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Surge Copper's assets?
Raw Data
TSXV:SURG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.38
TSXV:SURG Share Price * TSXV (2019-03-18) in CAD CA$0.07
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:SURG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SURG Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.38

0.17x

* Primary Listing of Surge Copper.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Surge Copper is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Surge Copper's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Surge Copper has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Surge Copper expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Copper 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Surge Copper expected to grow at an attractive rate?
  • Unable to compare Surge Copper's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Surge Copper's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Surge Copper's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:SURG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:SURG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:SURG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 0
2018-09-30 -1 0
2018-06-30 0 0
2018-03-31 0 0
2017-09-30 -1 0
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 -1 -1
2016-03-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Surge Copper is high growth as no earnings estimate data is available.
  • Unable to determine if Surge Copper is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:SURG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Surge Copper Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SURG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Surge Copper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SURG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Surge Copper's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Surge Copper's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Surge Copper's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Surge Copper has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Surge Copper performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Surge Copper's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Surge Copper does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Surge Copper's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Surge Copper's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Surge Copper's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Surge Copper Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SURG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.22 0.29
2018-09-30 -0.23 0.31
2018-06-30 -0.20 0.30
2018-03-31 -0.19 0.29
2017-09-30 -0.34 0.42
2017-06-30 -0.61 0.67
2017-03-31 -0.79 0.84
2016-12-31 -0.87 1.14
2016-09-30 -0.94 1.13
2016-06-30 -0.93 1.12
2016-03-31 -1.08 1.30
2015-12-31 -1.20 0.97
2015-09-30 -1.19 0.98
2015-06-30 -1.27 0.96
2015-03-31 -1.24 0.90
2014-12-31 -1.12 1.03
2014-09-30 -1.53 1.46
2014-06-30 -1.52 1.51
2014-03-31 -1.43 1.39
2013-12-31 -2.76 1.91
2013-09-30 -2.53 1.71
2013-06-30 -2.32 1.53
2013-03-31 -2.69 1.95
2012-12-31 1.23 2.04
2012-09-30 1.45 1.82
2012-06-30 1.31 1.97
2012-03-31 1.79 1.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Surge Copper has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Surge Copper has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Surge Copper improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Surge Copper's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Surge Copper has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Surge Copper's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Surge Copper's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Surge Copper is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Surge Copper's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Surge Copper's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Surge Copper has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Surge Copper Company Filings, last reported 2 months ago.

TSXV:SURG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 21.89 0.00 0.03
2018-09-30 21.98 0.00 0.14
2018-06-30 21.86 0.00 0.58
2018-03-31 21.90 0.00 0.75
2017-09-30 20.96 0.00 0.02
2017-06-30 21.03 0.00 0.10
2017-03-31 21.13 0.00 0.25
2016-12-31 21.07 0.00 0.39
2016-09-30 21.21 0.00 0.56
2016-06-30 20.68 0.00 0.57
2016-03-31 20.96 0.00 0.22
2015-12-31 20.89 0.00 0.49
2015-09-30 20.66 0.00 0.67
2015-06-30 20.97 0.00 0.54
2015-03-31 20.82 0.00 0.46
2014-12-31 21.07 0.00 0.60
2014-09-30 21.28 1.03 2.02
2014-06-30 21.66 1.00 2.13
2014-03-31 21.28 0.00 0.81
2013-12-31 21.33 0.00 0.28
2013-09-30 19.84 0.00 0.90
2013-06-30 18.31 0.00 1.62
2013-03-31 18.49 0.00 2.76
2012-12-31 18.37 0.00 2.36
2012-09-30 15.73 0.00 2.90
2012-06-30 15.78 0.00 6.94
2012-03-31 14.16 0.00 6.28
  • Surge Copper has no debt.
  • Surge Copper had no debt 5 years ago.
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.

  • Surge Copper has less than a year of cash runway based on current free cash flow.
  • Surge Copper has less than a year of cash runway if free cash flow continues to reduce at historical rates of -18% each year.
X
Financial health checks
We assess Surge Copper's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Surge Copper has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Surge Copper's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Surge Copper dividends.
If you bought CA$2,000 of Surge Copper shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Surge Copper's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Surge Copper's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:SURG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Surge Copper has not reported any payouts.
  • Unable to verify if Surge Copper's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Surge Copper's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Surge Copper has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Surge Copper's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Surge Copper afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Surge Copper has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Surge Copper's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shane Ebert
COMPENSATION CA$41,750
AGE 51
TENURE AS CEO 2.8 years
CEO Bio

Dr. Shane W. Ebert, Ph.D., P.Geo., has been the Chief Executive Officer, President, VP of Exploration and Director of Surge Copper Corp. (formerly, Gold Reach Resources Ltd.) since July 1, 2016 and December 2011. Dr. Ebert serves as the Chief Executive Officer of Northern Abitibi Mining Corp. and has been its President since December 28, 2005. He has been the President of Hot Spring Gold Corporation and Consulting Geologist since 1996. He served as the Interim President and Interim Chief Executive Officer of Surge Copper Corp. from June 27, 2016 to July 1, 2016. He was a Consulting Geologist and Research Associate at the Mineral Deposit Research Unit (MDRU) University of British Columbia from 1999 to 2005. Dr. Ebert served as Vice President of Exploration of Surge Copper Corp. since April 8, 2015 and served as its Executive Vice President. Dr. Ebert served as the President of Surge Copper Corp. since January 3, 2012 until April 8, 2015. He served as Vice-President of Exploration at Tyler Resources, Inc. from November 18, 2005 to March 2008. He has 20 years of porphyry, epithermal, gold and base metal exploration expertise and is a registered Professional Geoscientist with the Association of Professional Engineers and Geoscientists of British Columbia. Dr. Ebert has conducted research on a number of mineral deposits in Alaska, Yukon, Nevada, Mexico, Peru and Europe and extensive exploration experience in North and South America. Dr. Ebert has been Director and President of Canex Metals Inc. since March 13, 2003 and 2005 respectively. Dr. Ebert served as Vice-President of Exploration at Surge Copper Corp. from April 2011 to January 3, 2012. He served as a Director of International Samuel Exploration Corp. since January 2012 until June 2018. Dr. Ebert has been an Independent Director of Jade Leader Corp. (formerly, Manson Creek Resources Ltd.) since March 29, 2001. He is a Professional Geologist. He is a consulting geologist from 1999. Dr. Ebert has been a Director of Northern Abitibi Mining Corp. since March 13, 2003 and Surge Copper Corp. since April 2011. He served as a Director of Tyler Resources, Inc. from January 26, 2004 to March 2008. Dr. Ebert serves as the President of Vector Resources Inc. In 1991, he completed his B.Sc. with honors in Geology from the University of Alberta in 1991, Honors thesis: Porphyry Cu-Au and Au skarn mineralization at the Christina and Skronk claims, Northeast Yukon and in 1995 completed his Ph.D. in Geology from the University of Western Australia on Epithermal Mineralization in Nevada in 1996.

CEO Compensation
  • Shane's compensation has been consistent with company performance over the past year.
  • Shane's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Surge Copper management team in years:

2.4
Average Tenure
69
Average Age
  • The tenure for the Surge Copper management team is about average.
Management Team

Shane Ebert

TITLE
President
COMPENSATION
CA$42K
AGE
51
TENURE
2.8 yrs

Chantelle Collins

TITLE
Chief Financial Officer
COMPENSATION
CA$61K
TENURE
2.1 yrs

Taryn Downing

TITLE
Corporate Secretary
COMPENSATION
CA$18K
TENURE
7.8 yrs

Gerald Runolfson

TITLE
Executive Officer
AGE
76

Conrad Swanson

TITLE
COMPENSATION
CA$22K
AGE
69
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Surge Copper board of directors in years:

4.6
Average Tenure
60
Average Age
  • The tenure for the Surge Copper board of directors is about average.
Board of Directors

Pat Glazier

TITLE
Chairman of the Board
AGE
60
TENURE
3.1 yrs

Shane Ebert

TITLE
President
COMPENSATION
CA$42K
AGE
51
TENURE
8 yrs

Kinder Deo

TITLE
Director
TENURE
11.7 yrs

Jim Pettit

TITLE
Director
AGE
63
TENURE
15.3 yrs

Alvin Jackson

TITLE
AGE
70

Brad Aelicks

TITLE
AGE
56
TENURE
6.8 yrs

John-Mark Staude

TITLE
AGE
53
TENURE
4.6 yrs

Pat Bell

TITLE
Director
AGE
61
TENURE
3.8 yrs

Terry Kuzma

TITLE
Director
TENURE
1.3 yrs

Randall Thompson

TITLE
Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
30. Jul 18 Buy James Pettit Individual 25. Jul 18 25. Jul 18 100,000 CA$0.10 CA$10,000
30. Jul 18 Buy Patrick Glazier Individual 25. Jul 18 25. Jul 18 500,000 CA$0.10 CA$50,000
25. Jul 18 Buy Shane Ebert Individual 25. Jul 18 25. Jul 18 100,000 CA$0.10 CA$10,000
23. Jul 18 Buy James Pettit Individual 19. Jul 18 19. Jul 18 6,000 CA$0.10 CA$600
11. Jul 18 Buy James Pettit Individual 11. Jul 18 11. Jul 18 10,000 CA$0.11 CA$1,100
22. May 18 Buy Patrick Glazier Individual 18. May 18 18. May 18 150,000 CA$0.10 CA$15,000
X
Management checks
We assess Surge Copper's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Surge Copper has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Need To Know: Surge Copper Corp. (CVE:SURG) Insiders Have Been Buying Shares

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … The Last 12 Months Of Insider Transactions At Surge Copper. … In total, Surge Copper insiders bought more than they sold over the last year

Simply Wall St -

What Type Of Shareholder Owns Surge Copper Corp's (CVE:SURG)?

If you want to know who really controls Surge Copper Corp (CVE:SURG), then you'll have to look at the makeup of its share registry. … Surge Copper is not a large company by global standards. … View our latest analysis for Surge Copper

Simply Wall St -

Breaking Down Surge Copper Corp's (CVE:SURG) Ownership Structure

I am going to take a deep dive into Surge Copper Corp’s (CVE:SURG) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

Should You Have Surge Copper Corp's (CVE:SURG) In Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … SURG's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … With a market cap of CA$9.90M, SURG falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

Simply Wall St -

Company Info

Description

Surge Copper Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for copper, gold, silver, and molybdenum deposits. The company holds a 100% interest in the Ootsa property that comprises 124 mineral claims covering 72,710.4 hectares located in central British Columbia. It also owns 2% net smelter return royalty on the Auro and Auro South properties located in British Columbia. The company was formerly known as Gold Reach Resources Ltd. and changed its name to Surge Copper Corp. in February 2018. Surge Copper Corp. was incorporated in 1965 and is based in Vancouver, Canada.

Details
Name: Surge Copper Corp.
SURG
Exchange: TSXV
Founded: 1965
CA$3,749,159
57,679,373
Website: http://www.surgecopper.com
Address: Surge Copper Corp.
700 West Georgia Street,
Suite 888,
Vancouver,
British Columbia, V7Y 1G5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SURG Common Shares TSX Venture Exchange CA CAD 08. Nov 1989
OTCPK GRJV.F Common Shares Pink Sheets LLC US USD 08. Nov 1989
Number of employees
Current staff
Staff numbers
0
Surge Copper employees.
Industry
Copper
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:53
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.