TSXV:SVG

Stock Analysis Report

Silver Grail Resources

Executive Summary

Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in the Stewart region of British Columbia, Canada.

Rewards

Earnings have grown 32.8% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (CA$2M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months



Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Silver Grail Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SVG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.9%

SVG

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

77.8%

SVG

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: SVG exceeded the Canadian Metals and Mining industry which returned 4.3% over the past year.

Return vs Market: SVG exceeded the Canadian Market which returned 5.8% over the past year.


Shareholder returns

SVGIndustryMarket
7 Day-5.9%2.4%0.6%
30 Day-20.0%1.2%0.5%
90 Day23.1%6.6%3.6%
1 Year77.8%77.8%5.0%4.4%9.1%5.8%
3 Year-5.9%-5.9%-10.4%-11.9%15.4%5.0%
5 Year166.7%166.7%22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

How volatile is Silver Grail Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Silver Grail Resources undervalued compared to its fair value and its price relative to the market?

2.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SVG (CA$0.08) is trading above our estimate of fair value (CA$0.03)

Significantly Below Fair Value: SVG is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SVG is overvalued based on its PB Ratio (2.3x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Silver Grail Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

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 Silver Grail Resources 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 Silver Grail Resources performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVG is currently unprofitable.

Growing Profit Margin: SVG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SVG is unprofitable, but has reduced losses over the past 5 years at a rate of 32.8% per year.

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

Earnings vs Industry: SVG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: SVG has a negative Return on Equity (-8.66%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Silver Grail Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SVG's short term assets (CA$162.1K) exceed its short term liabilities (CA$138.0K).

Long Term Liabilities: SVG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SVG is debt free.

Reducing Debt: SVG had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if SVG'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: Whilst unprofitable SVG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SVG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.2% per year.


Next Steps

Dividend

What is Silver Grail Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

18.9yrs

Average board tenure


CEO

Dino Cremonese 0

0

Dr. Dino M. Cremonese, P.Eng., LL.B, serves as the Chief Executive Officer at Silver Grail Resources Ltd. (Former Name: Minvita Enterprises Ltd.) and has been its President since 1986. Dr. Cremonese serves ...


CEO Compensation Analysis

Compensation vs Market: Dino's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Dino's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Dino Cremonese
President0yrsno data7.26% CA$164.9k
Robert Smiley
CFO & Executive Director34.1yrsno data0.092% CA$2.1k
William Pfaffenberger
Independent Director3.7yrsno data2.92% CA$66.2k
Barry Holmes
Independent Director3.1yrsno data1.26% CA$28.6k

18.9yrs

Average Tenure

Experienced Board: SVG's board of directors are seasoned and experienced ( 18.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SVG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Silver Grail Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silver Grail Resources Ltd.
  • Ticker: SVG
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.270m
  • Shares outstanding: 28.37m
  • Website: https://www.silvergrail.com

Location

  • Silver Grail Resources Ltd.
  • 2130 Crescent Road
  • Victoria
  • British Columbia
  • V8S 2H3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVGTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
KD7DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
SVGA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in the Stewart region of British Columbia, Canada. The company explores for cobalt, silver, gold, copper, zinc, and molybdenum minerals. Silver Grail Resources Ltd. is headquartered in Victoria, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:24
End of Day Share Price2020/02/12 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.