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Sarama Resources

TSXV:SWA
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SWA
TSXV
CA$16M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of mineral properties in West Africa. The last earnings update was 114 days ago. More info.


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  • Sarama Resources has significant price volatility in the past 3 months.
SWA Share Price and Events
7 Day Returns
-10%
TSXV:SWA
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-28%
TSXV:SWA
-5.9%
CA Metals and Mining
0.7%
CA Market
SWA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sarama Resources (SWA) -10% 5.9% 80% -28% 28.6% -48.6%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • SWA underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • SWA underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
SWA
Industry
5yr Volatility vs Market

SWA Value

 Is Sarama Resources 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 Sarama Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.09.
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 Sarama Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sarama Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:SWA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.02
TSXV:SWA Share Price ** TSXV (2019-03-20) in CAD CA$0.09
TSXV:SWA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.07
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Sarama Resources.

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

= TSXV:SWA Share Price ÷ EPS (both in USD)

= 0.07 ÷ -0.02

-3.92x

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

  • Sarama Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Sarama Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Sarama Resources's expected growth come at a high price?
Raw Data
TSXV:SWA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.92x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 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 Sarama Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sarama Resources's assets?
Raw Data
TSXV:SWA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.02
TSXV:SWA Share Price * TSXV (2019-03-20) in CAD CA$0.09
TSXV:SWA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.07
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:SWA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SWA Share Price ÷ Book Value per Share (both in USD)

= 0.07 ÷ 0.02

3.99x

* Primary Listing of Sarama Resources.

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

  • Sarama Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Sarama Resources'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. Sarama Resources has a total score of 0/6, 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.

SWA Future Performance

 How is Sarama Resources 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 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 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sarama Resources expected to grow at an attractive rate?
  • Unable to compare Sarama Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sarama Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Sarama Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:SWA Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:SWA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:SWA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 -3 -3
2018-06-30 -3 -2
2018-03-31 -3 -2
2017-12-31 -3 -2
2017-09-30 -2 -1
2017-06-30 -2 -3
2017-03-31 -2 -4
2016-12-31 -2 -4
2016-09-30 -2 -2
2016-06-30 -1 -2
2016-03-31 -2 -1
2015-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sarama Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Sarama Resources 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:SWA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sarama Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SWA Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.03
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.02

*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 Sarama Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Sarama Resources'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.
  2. Sarama Resources'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. Sarama Resources'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 Sarama Resources'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.
Sarama Resources 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.

SWA Past Performance

  How has Sarama Resources 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 Sarama Resources'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.
  • Sarama Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sarama Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sarama Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Sarama Resources'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 Sarama Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SWA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -2.80 3.74
2018-06-30 -2.39 3.42
2018-03-31 -1.81 3.06
2017-12-31 -1.79 2.95
2017-09-30 -1.37 3.94
2017-06-30 -3.10 3.61
2017-03-31 -4.06 3.34
2016-12-31 -3.80 3.07
2016-09-30 -1.62 1.55
2016-06-30 -1.97 1.58
2016-03-31 -1.49 1.63
2015-12-31 -1.43 1.57
2015-09-30 -3.79 0.67
2015-06-30 -1.50 1.58
2015-03-31 -2.13 1.61
2014-12-31 -2.09 1.65
2014-09-30 -2.87 2.61
2014-06-30 -2.81 1.92
2014-03-31 -1.70 1.99
2013-12-31 0.50 2.57
2013-09-30 -1.54 1.44
2013-06-30 -3.71 2.81
2013-03-31 -1.86 2.84
2012-12-31 -7.39 2.78
2012-09-30 -3.07 3.67
2012-06-30 -1.91 2.70
2012-03-31 -5.02 3.52

*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 Sarama Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Sarama Resources 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 Sarama Resources 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 Sarama Resources'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.
Sarama Resources 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.

SWA Health

 How is Sarama Resources'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 Sarama Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sarama Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sarama Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sarama Resources'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.
  • Low level of unsold assets.
  • Sarama Resources 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 Sarama Resources Company Filings, last reported 5 months ago.

TSXV:SWA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 3.07 0.00 1.33
2018-06-30 3.80 0.00 2.19
2018-03-31 4.35 0.00 2.75
2017-12-31 2.05 0.00 0.39
2017-09-30 25.66 0.00 1.18
2017-06-30 24.39 0.00 0.39
2017-03-31 23.85 0.00 1.14
2016-12-31 1.14 0.00 1.24
2016-09-30 20.29 0.00 1.61
2016-06-30 22.55 0.00 2.98
2016-03-31 22.68 0.00 1.69
2015-12-31 23.20 0.00 1.15
2015-09-30 25.21 0.00 0.85
2015-06-30 27.80 0.00 2.01
2015-03-31 28.26 0.00 2.10
2014-12-31 28.67 0.00 2.51
2014-09-30 28.96 0.00 2.98
2014-06-30 29.19 0.00 4.49
2014-03-31 28.43 0.00 2.93
2013-12-31 28.84 0.00 4.20
2013-09-30 29.66 0.00 5.65
2013-06-30 29.98 0.00 6.89
2013-03-31 29.72 0.00 11.07
2012-12-31 27.87 0.00 14.73
2012-09-30 18.21 0.00 6.77
2012-06-30 20.51 0.00 9.16
2012-03-31 18.47 0.00 14.04
  • Sarama Resources has no debt.
  • Sarama Resources has not taken on any debt in the past 5 years.
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.

  • Sarama Resources has less than a year of cash runway based on current free cash flow.
  • Sarama Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38% each year.
X
Financial health checks
We assess Sarama Resources'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. Sarama Resources has a total score of 4/6, 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.

SWA Dividends

 What is Sarama Resources'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 Sarama Resources dividends.
If you bought CA$2,000 of Sarama Resources 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 Sarama Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sarama Resources'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:SWA 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 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
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 Sarama Resources has not reported any payouts.
  • Unable to verify if Sarama Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sarama Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sarama Resources 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 Sarama Resources'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 Sarama Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sarama Resources 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.

SWA Management

 What is the CEO of Sarama Resources'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
Andrew Robert Dinning
COMPENSATION $231,890
AGE 52
CEO Bio

Mr. Andrew Robert Mune Dinning, BEng, MBA has been Chief Operating Officer of Moto Goldmines Ltd. since October 31, 2005 and has been its President since January 1, 2008. Mr. Dinning serves as Chief Executive Officer and President at of Sarama Resources Limited. He is responsible for managing the feasibility process and subsequent mine development and plant construction and commissioning at the Moto Gold project. He has an extensive knowledge and experience of mine management, project funding and contract and risk management and has over 20 years industry experience. He served as Business Development Manager of Cambridge, UK a division of Trans-siberian Gold Plc. Mr. Dinning worked for 13 years at WMC Resources Ltd., a blue chip Australian Mining Company, where he gained extensive experience in a variety of positions including Project Manager, Mine Manager and Risk Manager. He was involved extensively in WMC's gold projects, in particular the St. Ives Gold Operations. He has been an Executive Director at Moto Goldmines Ltd., since August 16, 2006. He has been a Director of Sarama Resources Limited since April 08, 2010. He served as a Non Executive Director of Syndicated Metals Limited from August 3, 2007 to August 3, 2010. He Graduated with a Bachelor of Engineering in Mining from the South Australia Institute of Technology. He has an MBA from Cranfield University in October 2002. Mr. Dinning has a Mining Engineering Degree and First Class Mine Managers Certificate.

CEO Compensation
  • Andrew Robert's compensation has increased whilst company is loss making.
  • Andrew Robert's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Sarama Resources management team in years:

8.3
Average Tenure
  • The average tenure for the Sarama Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Andrew Robert Dinning

TITLE
Executive Chairman
COMPENSATION
$232K
AGE
52

Jack Hamilton

TITLE
Founder & VP of Exploration
COMPENSATION
$173K
TENURE
8.6 yrs

Lui Evangelista

TITLE
Chief Financial Officer
COMPENSATION
$168K
TENURE
2.3 yrs

Paul Schmiede

TITLE
Vice President of Corporate Development
COMPENSATION
$190K
AGE
45
TENURE
8.3 yrs
Board of Directors Tenure

Average tenure and age of the Sarama Resources board of directors in years:

6.8
Average Tenure
52
Average Age
  • The tenure for the Sarama Resources board of directors is about average.
Board of Directors

Andrew Robert Dinning

TITLE
Executive Chairman
COMPENSATION
$232K
AGE
52
TENURE
1.5 yrs

Lawrence Jackson

TITLE
Non-Executive Director
COMPENSATION
$18K
AGE
51
TENURE
8.9 yrs

Terence Harvey

TITLE
Non-Executive Director
COMPENSATION
$22K
AGE
59
TENURE
8.9 yrs

Dave Groves

TITLE
Non-Executive Director
COMPENSATION
$16K
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Sarama Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
07. Jan 19 Buy Andrew Robert Dinning Individual 31. Dec 18 31. Dec 18 100,000 CA$0.05 CA$5,000
X
Management checks
We assess Sarama Resources'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. Sarama Resources 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.

SWA News

Simply Wall St News

Who Has Been Buying Sarama Resources Ltd (CVE:SWA) Shares?

However, rules govern insider transactions, and certain disclosures are required. … Insider transactions are not the most important thing when it comes to long-term investing. … Sarama Resources Insider Transactions Over The Last Year

Simply Wall St -

What You Must Know About Sarama Resources Ltd's (CVE:SWA) Beta Value

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Can Sarama Resources Ltd (CVE:SWA) Improve Your Portfolio Returns?

Broadly speaking, there are two types of risk you should consider when investing in stocks such as SWA. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

Simply Wall St -

Does Sarama Resources Ltd's (CVE:SWA) PE Ratio Warrant A Sell?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SWA Price per share = $0.1 Earnings per share = $0.008 ∴ Price-Earnings Ratio = $0.1 ÷ $0.008 = 11.9x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … SWA’s P/E of 11.9x is higher than its industry peers (10.2x), which implies that each dollar of SWA’s earnings is being overvalued by investors. … For example, if you accidentally compared lower growth firms with SWA, then SWA’s P/E would naturally be higher since investors would reward SWA’s higher growth with a higher price.

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Sarama Resources Ltd (CVE:SWA): How Does It Impact 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. … With a beta of 1.7, Sarama Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Who Are The Major Shareholders In Sarama Resources Ltd (CVE:SWA)?

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. … Therefore, it is beneficial for us to examine SWA's ownership structure in more detail. … This is an encouraging sign for investors as these investors tend to be active strategist in companies, focusing on increasing operational and capital efficiency for the firm.Next Steps: While institutional ownership in SWA is low, active hedge funds still have a significant stake in the company.

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With An ROE Of 4.36%, Has Sarama Resources Ltd's (CVE:SWA) Management Done A Good Job?

View our latest analysis for Sarama Resources What you must know about ROE Return on Equity (ROE) is a measure of Sarama Resources’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Sarama Resources’s equity capital deployed. … Currently, Sarama Resources has no debt which means its returns are driven purely by equity capital.

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Does Sarama Resources Ltd's (CVE:SWA) PE Ratio Warrant A Buy?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SWA Price per share = $0.08 Earnings per share = $0.008 ∴ Price-Earnings Ratio = $0.08 ÷ $0.008 = 10.4x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … Since SWA's P/E of 10.4x is lower than its industry peers (11.6x), it means that investors are paying less than they should for each dollar of SWA's earnings.

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Breaking Down Sarama Resources Ltd's (TSXV:SWA) Ownership Structure

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. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … TSXV:SWA Insider Trading Nov 15th 17 General Public Ownership The general public holds a substantial 54.01% stake in SWA, making it a highly popular stock among retail investors.

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SWA Company Info

Description

Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. Its flagship property is the South Houndé project that is located in south-west Burkina Faso. The company was founded in 2010 and is headquartered in Subiaco, Australia.

Details
Name: Sarama Resources Ltd
SWA
Exchange: TSXV
Founded: 2010
CA$16,353,933
181,710,375
Website: http://www.saramaresources.com
Address: Sarama Resources Ltd
245 Churchill Avenue,
Suite 8,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SWA Common Shares TSX Venture Exchange CA CAD 04. Nov 2011
OTCPK SRMM.F Common Shares Pink Sheets LLC US USD 04. Nov 2011
DB 48S Common Shares Deutsche Boerse AG DE EUR 04. Nov 2011
Number of employees
Current staff
Staff numbers
0
Sarama Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:34
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.