TSXV:VRB

Stock Analysis Report

Vanadiumcorp Resource

Executive Summary

Vanadiumcorp Resource Inc., a junior resource company, engages in the acquisition and exploration of mineral properties in Canada.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Vanadiumcorp Resource's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

22.2%

VRB

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-31.3%

VRB

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: VRB underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: VRB underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

VRBIndustryMarket
7 Day22.2%3.1%0.6%
30 Day37.5%3.5%1.0%
90 Day0%11.9%4.5%
1 Year-31.3%-31.3%5.4%4.7%8.6%5.3%
3 Year0%0%-4.3%-5.9%18.0%7.4%
5 Year22.2%22.2%24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Vanadiumcorp Resource undervalued compared to its fair value and its price relative to the market?

3.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VRB is overvalued based on its PB Ratio (3.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.9%

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 Vanadiumcorp Resource 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 Vanadiumcorp Resource performed over the past 5 years?

-29.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VRB is currently unprofitable.

Growing Profit Margin: VRB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VRB is unprofitable, and losses have increased over the past 5 years at a rate of -29.6% per year.

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

Earnings vs Industry: VRB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).


Return on Equity

High ROE: VRB has a negative Return on Equity (-31.35%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Vanadiumcorp Resource's financial position?


Financial Position Analysis

Short Term Liabilities: VRB's short term assets (CA$1.2M) exceed its short term liabilities (CA$548.5K).

Long Term Liabilities: VRB has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VRB is debt free.

Reducing Debt: VRB had no debt 5 years ago.


Balance Sheet

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

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

Forecast Cash Runway: VRB has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 7% each year.


Next Steps

Dividend

What is Vanadiumcorp Resource's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.1yrs

Average management tenure


CEO

Wim Bakker 0

6.5yrs

Tenure

CA$120,000

Compensation

Mr. Adriaan Bakker, also known as Wim, has been the Chief Executive Officer and President at Vanadiumcorp Resource Inc. (formerly Apella Resources Inc) since September 02, 2013. Mr. Bakker served as Vice P ...


CEO Compensation Analysis

Compensation vs Market: Wim's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD154.33K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Adriaan Bakker
President6.5yrsCA$120.00k0.54% CA$86.0k
Stephen Pearce
CFO, Corporate Secretary & Director6.5yrsCA$60.00k0.66% CA$104.5k
John Hewlett
Director of Business Development & Director6.4yrsCA$12.00k1.97% CA$312.0k
Gilles Champagne
CTO & Director0.4yrsno datano data
Marc Kok
Consultant0.4yrsno datano data

2.1yrs

Average Tenure

Experienced Management: VRB's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adriaan Bakker
President6.5yrsCA$120.00k0.54% CA$86.0k
Stephen Pearce
CFO, Corporate Secretary & Director6.5yrsCA$60.00k0.66% CA$104.5k
John Hewlett
Director of Business Development & Director6.4yrsCA$12.00k1.97% CA$312.0k
Gilles Champagne
CTO & Director0.4yrsno datano data
J. Sorbara
Member of Advisory Board0.9yrsCA$12.00kno data
Maria Skyllas-Kazacos
Member of Advisory Board0yrsno datano data
James MacLeod
Member of Advisory Board0yrsno datano data
Terrance Perles
Member of Advisory Board0yrsno datano data
Peter MacLean
Member of Advisory Board0.9yrsno datano data
Mark Reynolds
Member of Advisory Board3.8yrsno datano data

3.8yrs

Average Tenure

64yo

Average Age

Experienced Board: VRB'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.


Top Shareholders

Company Information

Vanadiumcorp Resource Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vanadiumcorp Resource Inc.
  • Ticker: VRB
  • Exchange: TSXV
  • Founded: 1980
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$15.870m
  • Shares outstanding: 288.55m
  • Website: https://www.vanadiumcorp.com

Location

  • Vanadiumcorp Resource Inc.
  • 1505 West 2nd Avenue
  • Suite 400
  • Vancouver
  • British Columbia
  • V6H 3Y4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APAF.FOTCPK (Pink Sheets LLC)ComUSUSDNo data
NWNDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
VRBTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
APAF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Vanadiumcorp Resource Inc., a junior resource company, engages in the acquisition and exploration of mineral properties in Canada. The company explores for vanadium, titanium, iron, copper, gold, and nickel deposits. Its flagship project is the Lac Doré Vanadium project covering approximately 45 square kilometers located in Quebec, Canada. It is also involved in the vanadium redox flow battery development business in Germany. The company was formerly known as PacificOre Mining Corp. and changed its name to Vanadiumcorp Resource Inc. in November 2013. Vanadiumcorp Resource Inc. was incorporated in 1980 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:46
End of Day Share Price2020/02/20 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.