Surge Copper Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. More Details
Flawless balance sheet and overvalued.
Share Price & News
How has Surge Copper's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SURG's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: SURG exceeded the Canadian Metals and Mining industry which returned 53.1% over the past year.
Return vs Market: SURG exceeded the Canadian Market which returned -4.5% over the past year.
Price Volatility Vs. Market
How volatile is Surge Copper's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StDoes Surge Copper Corp. (CVE:SURG) Have A High Beta?
6 months ago | Simply Wall StDo Insiders Own Shares In Surge Copper Corp. (CVE:SURG)?
8 months ago | Simply Wall StIs Surge Copper (CVE:SURG) In A Good Position To Deliver On Growth Plans?
Is Surge Copper 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 SURG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SURG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SURG is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: SURG 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 SURG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SURG is good value based on its PB Ratio (1.2x) compared to the CA Metals and Mining industry average (2.8x).
How is Surge Copper 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 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 SimplyWall St do have past financial data.
- Examine Surge Copper'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 Copper 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 Copper performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SURG is currently unprofitable.
Growing Profit Margin: SURG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SURG is unprofitable, but has reduced losses over the past 5 years at a rate of 39.7% per year.
Accelerating Growth: Unable to compare SURG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SURG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).
Return on Equity
High ROE: SURG has a negative Return on Equity (-0.83%), as it is currently unprofitable.
How is Surge Copper's financial position?
Financial Position Analysis
Short Term Liabilities: SURG's short term assets (CA$316.3K) exceed its short term liabilities (CA$240.3K).
Long Term Liabilities: SURG's short term assets (CA$316.3K) exceed its long term liabilities (CA$248.2K).
Debt to Equity History and Analysis
Debt Level: SURG is debt free.
Reducing Debt: SURG had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SURG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SURG has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 39.7% each year.
What is Surge Copper current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SURG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SURG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SURG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SURG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SURG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shane Ebert (53 yo)
Dr. Shane W. Ebert, Ph.D., P.Geo., has been the Chief Executive Officer, President, VP of Exploration and Director of Surge Copper Corp. (formerly, Gold Reach Resources Ltd.) since July 1, 2016 and Decembe ...
CEO Compensation Analysis
Compensation vs Market: Shane's total compensation ($USD13.41K) is below average for companies of similar size in the Canadian market ($USD170.98K).
Compensation vs Earnings: Shane's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||3.67yrs||CA$64.20k||0.17% |
|Corporate Secretary||9.42yrs||CA$18.45k||no data|
|Executive Officer||no data||no data||no data|
|2.42yrs||no data||no data|
Experienced Management: SURG's management team is considered experienced (4 years average tenure).
|Independent Chairman of the Board||4.67yrs||no data||5.56% |
|8.33yrs||no data||no data|
|no data||no data||no data|
|Independent Director||16.83yrs||no data||0.61% |
|Independent Director||13.25yrs||no data||1.35% |
|6.17yrs||no data||no data|
|Independent Director||0.083yr||no data||no data|
|Independent Director||5.33yrs||no data||0.035% |
|Independent Director||0.083yr||no data||no data|
|Advisor to Board||0.083yr||no data||no data|
Experienced Board: SURG's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SURG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.5%.
Surge Copper Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Surge Copper Corp.
- Ticker: SURG
- Exchange: TSXV
- Founded: 1965
- Industry: Copper
- Sector: Materials
- Market Cap: CA$41.303m
- Shares outstanding: 96.05m
- Website: https://www.surgecopper.com
- Surge Copper Corp.
- 700 West Georgia Street
- Suite 888
- British Columbia
- V7Y 1G5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SURG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 1989|
|GRJV.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 1989|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 23:44|
|End of Day Share Price||2020/10/20 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.