TSXV:SZM

Stock Analysis Report

Executive Summary

ScoZinc Mining Ltd. engages in the exploration and development of mineral properties in Canada.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has ScoZinc Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.3%

SZM

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

-8.3%

SZM

5.4%

CA Metals and Mining

4.5%

CA Market

Return vs Industry: SZM underperformed the Canadian Metals and Mining industry which returned 5.2% over the past year.

Return vs Market: SZM underperformed the Canadian Market which returned 4.7% over the past year.


Shareholder returns

SZMIndustryMarket
7 Day-8.3%4.7%0.1%
30 Day-14.1%4.2%0.9%
90 Day10.0%14.1%3.7%
1 Year-8.3%-8.3%6.0%5.4%7.8%4.5%
3 Year-49.5%-49.5%0.2%-1.5%18.2%7.5%
5 Year-72.6%-72.6%26.6%22.9%33.7%14.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ScoZinc Mining undervalued compared to its fair value and its price relative to the market?

0.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SZM is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.5%

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 ScoZinc Mining 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 ScoZinc Mining performed over the past 5 years?

23.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SZM is currently unprofitable.

Growing Profit Margin: SZM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SZM is unprofitable, but has reduced losses over the past 5 years at a rate of 23.4% per year.

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

Earnings vs Industry: SZM 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: SZM has a negative Return on Equity (-8.54%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ScoZinc Mining's financial position?


Financial Position Analysis

Short Term Liabilities: SZM's short term assets (CA$1.3M) exceed its short term liabilities (CA$508.1K).

Long Term Liabilities: SZM's short term assets (CA$1.3M) do not cover its long term liabilities (CA$2.7M).


Debt to Equity History and Analysis

Debt Level: SZM is debt free.

Reducing Debt: SZM had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if SZM'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: SZM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SZM has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.4% each year.


Next Steps

Dividend

What is ScoZinc Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

0.5yrs

Average management tenure


CEO

Mark Stephen Haywood (52yo)

0.5yrs

Tenure

0

Mr. Mark Stephen Richard Haywood, BE (Mining) Hons, LLB, has been President and Chief Executive Officer at ScoZinc Mining Ltd. since August 20, 2019 and has been its Director since September 20, 2019. Mr.  ...


Leadership Team

NamePositionTenureCompensationOwnership
Robert D. Suttie
CFO & Corporate Secretary6.4yrsCA$30.14kno data
Mark Stephen Haywood
President0.5yrsno data3.73% CA$207.3k
Simion Candrea
Vice President of Investor Relations0.3yrsno data0.62% CA$34.4k
Andrew Todd
Corporate Secretary0yrsno datano data

0.5yrs

Average Tenure

Experienced Management: SZM's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Stephen Haywood
President0.5yrsno data3.73% CA$207.3k
Michael Surratt
Independent Director2.7yrsCA$25.00k0.059% CA$3.3k
Christopher Hopkins
Independent Director2.7yrsCA$25.00k0.82% CA$45.8k
Ashwath Mehra
Independent Director0.5yrsno data6.19% CA$343.7k
Victor Lazarovici
Independent Chairman of the Board5.7yrsCA$25.00k1.42% CA$79.1k
Mark Billings
Director0.3yrsno datano data

1.6yrs

Average Tenure

54yo

Average Age

Experienced Board: SZM's board of directors are not considered experienced ( 1.6 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: Insufficient data to determine if 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 39.7%.


Top Shareholders

Company Information

ScoZinc Mining Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ScoZinc Mining Ltd.
  • Ticker: SZM
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$5.556m
  • Shares outstanding: 10.10m
  • Website: https://scozinc.com

Location

  • ScoZinc Mining Ltd.
  • Purdy's Wharf, Tower 1
  • Suite 1301
  • Halifax
  • Nova Scotia
  • B3J 3N2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
P3Z1DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2004
SZMTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2004
SWNL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2004

Biography

ScoZinc Mining Ltd. engages in the exploration and development of mineral properties in Canada. The company explores for zinc and lead deposits. It holds a 100% interest in the ScoZinc project located in Nova Scotia. The company was formerly known as Selwyn Resources Ltd. and changed its name to ScoZinc Mining Ltd. in September 2015. ScoZinc Mining Ltd. is headquartered in Halifax, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:08
End of Day Share Price2020/02/19 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.