TSXV:VIPR

Stock Analysis Report

Silver Viper Minerals

Executive Summary

Silver Viper Minerals Corp. engages in the acquisition and exploration of mineral properties in Mexico.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

28.3%

VIPR

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

60.4%

VIPR

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: VIPR exceeded the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: VIPR exceeded the Canadian Market which returned 2.5% over the past year.


Shareholder returns

VIPRIndustryMarket
7 Day28.3%3.5%-1.5%
30 Day32.8%5.0%-0.7%
90 Day79.1%14.3%1.8%
1 Year60.4%60.4%7.5%6.8%5.7%2.5%
3 Yearn/a2.8%1.0%16.8%6.2%
5 Yearn/a29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Silver Viper Minerals undervalued compared to its fair value and its price relative to the market?

5.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VIPR is overvalued based on its PB Ratio (5.2x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.0%

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 Viper Minerals 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 Viper Minerals performed over the past 5 years?

3.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VIPR is currently unprofitable.

Growing Profit Margin: VIPR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VIPR's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: VIPR 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: VIPR has a negative Return on Equity (-60.07%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Silver Viper Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: VIPR's short term assets (CA$4.0M) exceed its short term liabilities (CA$49.6K).

Long Term Liabilities: VIPR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VIPR is debt free.

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


Balance Sheet

Inventory Level: VIPR has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if VIPR'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: VIPR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: VIPR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -69.4% each year


Next Steps

Dividend

What is Silver Viper Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.6yrs

Average management tenure


CEO

Steve Cope (34yo)

3.8yrs

Tenure

CA$113,875

Compensation

Mr. Stephen Anson Cope, also known as Steve, has been a Director at Silver Viper Minerals Corp since April 26, 2016. 


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD85.80K) is below average for companies of similar size in the Canadian market ($USD154.48K).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Cope
CEO, President & Director3.8yrsCA$113.88k2.8% CA$634.5k
Carla Hartzenberg
CFO & Director0.7yrsCA$36.86kno data
Alexander Tsakumis
Vice President of Corporate Development2.2yrsno data0.034% CA$7.7k
Dale Brittliffe
Vice President of Exploration3yrsno data1.89% CA$427.0k

2.6yrs

Average Tenure

43yo

Average Age

Experienced Management: VIPR's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Cope
CEO, President & Director3.8yrsCA$113.88k2.8% CA$634.5k
Carla Hartzenberg
CFO & Director0.7yrsCA$36.86kno data
Norman Wilmot
Independent Director3.8yrsno data1.7% CA$385.0k
Arthur Freeze
Independent Director3.8yrsno datano data
Gary Cope
Independent Director3.8yrsno data4.49% CA$1.0m

3.8yrs

Average Tenure

65yo

Average Age

Experienced Board: VIPR's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: VIPR 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 8.1%.


Top Shareholders

Company Information

Silver Viper Minerals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silver Viper Minerals Corp.
  • Ticker: VIPR
  • Exchange: TSXV
  • Founded: 2016
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$22.642m
  • Shares outstanding: 58.81m
  • Website: https://www.silverviperminerals.com

Location

  • Silver Viper Minerals Corp.
  • 1055 West Hastings Street
  • Suite 1130
  • Vancouver
  • British Columbia
  • V6E 2E9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VIPRTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2017
S06DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2017
VIPR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2017

Biography

Silver Viper Minerals Corp. engages in the acquisition and exploration of mineral properties in Mexico. The company holds 100% interest in the La Virginia Gold-Silver Project that comprises six mineral concessions covering an area of 37,700 hectares located in Sonora, Mexico. Silver Viper Minerals Corp. was founded in 2016 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 02:28
End of Day Share Price2020/02/24 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.