TSXV:SWA

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Executive Summary

Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of gold deposits in West Africa. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

11.7%

SWA

-0.9%

CA Metals and Mining

-1.0%

CA Market


1 Year Return

79.2%

SWA

54.1%

CA Metals and Mining

-4.3%

CA Market

Return vs Industry: SWA exceeded the Canadian Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: SWA exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

SWAIndustryMarket
7 Day11.7%-0.9%-1.0%
30 Day14.7%-1.2%1.3%
90 Day10.3%-1.2%1.9%
1 Year79.2%79.2%55.3%54.1%-0.9%-4.3%
3 Year43.3%43.3%58.2%55.1%6.4%-4.0%
5 Year91.1%91.1%151.2%143.4%33.3%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

15.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SWA is overvalued based on its PB Ratio (15.2x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

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

22.6%

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 Sarama 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 Sarama Resources performed over the past 5 years?

-14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWA is currently unprofitable.

Growing Profit Margin: SWA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SWA is unprofitable, and losses have increased over the past 5 years at a rate of 14.1% per year.

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

Earnings vs Industry: SWA 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: SWA has a negative Return on Equity (-119.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sarama Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SWA's short term assets ($1.2M) exceed its short term liabilities ($130.0K).

Long Term Liabilities: SWA's short term assets ($1.2M) exceed its long term liabilities ($1.2M).


Debt to Equity History and Analysis

Debt Level: SWA is debt free.

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


Balance Sheet


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: SWA has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SWA is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

9.9yrs

Average management tenure


CEO

Andrew Robert Dinning (54 yo)

no data

Tenure

US$226,151

Compensation

Mr. Andrew Robert Mune Dinning, BEng, MBA has been Chief Operating Officer of Moto Goldmines Limited since October 31, 2005 and has been its President since January 1, 2008. Mr. Dinning is the Chief Execut ...


CEO Compensation Analysis

Compensation vs Market: Andrew Robert's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD171.43K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Robert Dinning
CEO & Directorno dataUS$226.15k4.61%
$ 1.8m
John Hamilton
Founder & VP of Exploration10.17yrsUS$173.65k2.14%
$ 830.8k
Lui Evangelista
Chief Financial Officer3.83yrsUS$164.47k0.11%
$ 41.4k
Paul Schmiede
Vice President of Corporate Development9.92yrsUS$185.03k0.59%
$ 228.6k

9.9yrs

Average Tenure

Experienced Management: SWA's management team is seasoned and experienced (9.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Robert Dinning
CEO & Directorno dataUS$226.15k4.61%
$ 1.8m
Adrian Byass
Independent Non-Executive Director0.33yrno datano data
Lawrence Jackson
Independent Non-Executive Chairman0.33yrUS$20.28k0.47%
$ 182.1k
Steven Zaninovich
Independent Non-Executive Director0.33yrno data0.037%
$ 14.3k

0.3yrs

Average Tenure

52.5yo

Average Age

Experienced Board: SWA's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.8%.


Top Shareholders

Company Information

Sarama Resources Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sarama Resources Ltd
  • Ticker: SWA
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$38.743m
  • Shares outstanding: 90.10m
  • Website: https://www.saramaresources.com

Number of Employees


Location

  • Sarama Resources Ltd
  • 245 Churchill Avenue
  • Suite 8
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWATSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2011
48S1DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2011
SRMM.DOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2011

Biography

Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of gold deposits in West Africa. Its principal property is the South Houndé project covering an are ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:43
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.