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Vanadiumcorp Resource

TSXV:VRB
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VRB
TSXV
CA$20M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Vanadiumcorp Resource Inc., junior resource company, engages in the acquisition and exploration of mineral properties in Canada. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • Vanadiumcorp Resource has significant price volatility in the past 3 months.
VRB Share Price and Events
7 Day Returns
0%
TSXV:VRB
2.1%
CA Metals and Mining
-0.2%
CA Market
1 Year Returns
-23.8%
TSXV:VRB
-3.9%
CA Metals and Mining
2.5%
CA Market
VRB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vanadiumcorp Resource (VRB) 0% 0% -11.1% -23.8% 128.6% 45.5%
CA Metals and Mining 2.1% -0.3% 11.6% -3.9% 15.3% -18.6%
CA Market -0.2% 0.4% 16.2% 2.5% 16.9% 5.1%
1 Year Return vs Industry and Market
  • VRB underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • VRB underperformed the Market in Canada which returned 2.5% over the past year.
Price Volatility
VRB
Industry
5yr Volatility vs Market

VRB Value

 Is Vanadiumcorp Resource 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 Vanadiumcorp Resource. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Vanadiumcorp Resource's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vanadiumcorp Resource's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:VRB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:VRB Share Price ** TSXV (2019-03-25) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 11.44x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.7x

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

** Primary Listing of Vanadiumcorp Resource.

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

= TSXV:VRB Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.01

-8.07x

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

  • Vanadiumcorp Resource is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Vanadiumcorp Resource is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Vanadiumcorp Resource's expected growth come at a high price?
Raw Data
TSXV:VRB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.07x
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 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Vanadiumcorp Resource, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vanadiumcorp Resource's assets?
Raw Data
TSXV:VRB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.01
TSXV:VRB Share Price * TSXV (2019-03-25) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:VRB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:VRB Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ 0.01

6.01x

* Primary Listing of Vanadiumcorp Resource.

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

  • Vanadiumcorp Resource is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Vanadiumcorp Resource'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. Vanadiumcorp Resource 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.

VRB Future Performance

 How is Vanadiumcorp Resource 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 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 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
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vanadiumcorp Resource expected to grow at an attractive rate?
  • Unable to compare Vanadiumcorp Resource's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Vanadiumcorp Resource's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Vanadiumcorp Resource's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:VRB Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:VRB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:VRB Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -2
2018-07-31 -1 -2
2018-04-30 -1 -2
2018-01-31 -1 -1
2017-10-31 -1 -1
2017-07-31 -1 -1
2017-04-30 -1 -1
2017-01-31 0 -1
2016-10-31 0 -1
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Vanadiumcorp Resource is high growth as no earnings estimate data is available.
  • Unable to determine if Vanadiumcorp Resource 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:VRB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Vanadiumcorp Resource Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:VRB Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.01
2018-07-31 -0.01
2018-04-30 -0.01
2018-01-31 0.00
2017-10-31 0.00
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.00
2016-04-30 0.00
2016-01-31 0.00

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

Next steps:

  1. Take a look at our analysis of VRB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Vanadiumcorp Resource'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. Vanadiumcorp Resource'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 Vanadiumcorp Resource'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.
Vanadiumcorp Resource 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.

VRB Past Performance

  How has Vanadiumcorp Resource 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 Vanadiumcorp Resource'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.
  • Vanadiumcorp Resource does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Vanadiumcorp Resource's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Vanadiumcorp Resource's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Vanadiumcorp Resource'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 Vanadiumcorp Resource Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:VRB Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -2.26 1.92 0.20
2018-07-31 -2.40 1.92 0.39
2018-04-30 -2.28 1.88 0.33
2018-01-31 -0.85 0.55 0.26
2017-10-31 -0.75 0.52 0.21
2017-07-31 -0.92 0.50
2017-04-30 -0.91 0.50
2017-01-31 -0.83 0.44
2016-10-31 -0.86 0.44
2016-07-31 -0.49 0.44
2016-04-30 -0.49 0.43
2016-01-31 -0.54 0.48
2015-10-31 -0.48 0.48
2015-07-31 -0.29 0.54
2015-04-30 -0.38 0.62
2015-01-31 -0.36 0.60
2014-10-31 -0.38 0.57
2014-07-31 -1.84 1.27
2014-04-30 -2.04 1.19
2014-01-31 -2.23 1.31
2013-10-31 -2.38 1.47
2013-07-31 -3.08 1.21
2013-04-30 -3.01 1.34
2013-01-31 -3.53 1.55
2012-10-31 -3.34 1.52
2012-07-31 -2.93 1.27
2012-04-30 -3.27 1.59

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

VRB Health

 How is Vanadiumcorp Resource'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 Vanadiumcorp Resource's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vanadiumcorp Resource's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Vanadiumcorp Resource has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Vanadiumcorp Resource'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
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 Vanadiumcorp Resource Company Filings, last reported 4 months ago.

TSXV:VRB Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 3.05 0.21 0.04
2018-07-31 3.26 0.07 0.05
2018-04-30 3.50 0.00 0.12
2018-01-31 3.64 0.00 0.40
2017-10-31 3.57 0.00 0.38
2017-07-31 3.65 0.00 0.31
2017-04-30 3.66 0.00 0.46
2017-01-31 3.13 0.00 0.03
2016-10-31 3.25 0.00 0.15
2016-07-31 3.45 0.00 0.08
2016-04-30 3.49 0.00 0.10
2016-01-31 3.60 0.00 0.22
2015-10-31 3.74 0.00 0.42
2015-07-31 3.39 0.00 0.06
2015-04-30 3.41 0.00 0.10
2015-01-31 3.57 0.00 0.40
2014-10-31 3.65 0.00 0.66
2014-07-31 2.69 0.00 0.05
2014-04-30 2.81 0.00 0.15
2014-01-31 2.92 0.00 0.34
2013-10-31 2.95 0.00 0.53
2013-07-31 2.96 0.00 0.07
2013-04-30 3.34 0.00 0.12
2013-01-31 3.53 0.00 0.38
2012-10-31 3.52 0.00 0.32
2012-07-31 5.06 0.00 0.61
2012-04-30 5.23 0.00 0.79
  • Vanadiumcorp Resource's level of debt (6.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 6.8% today).
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.

  • Vanadiumcorp Resource has less than a year of cash runway based on current free cash flow.
  • Vanadiumcorp Resource has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.2% each year.
X
Financial health checks
We assess Vanadiumcorp Resource'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. Vanadiumcorp Resource has a total score of 2/6, 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.

VRB Dividends

 What is Vanadiumcorp Resource'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 Vanadiumcorp Resource dividends.
If you bought CA$2,000 of Vanadiumcorp Resource 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 Vanadiumcorp Resource's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vanadiumcorp Resource'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:VRB 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 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

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 Vanadiumcorp Resource has not reported any payouts.
  • Unable to verify if Vanadiumcorp Resource's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vanadiumcorp Resource's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vanadiumcorp Resource 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 Vanadiumcorp Resource'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 Vanadiumcorp Resource afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vanadiumcorp Resource 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.

VRB Management

 What is the CEO of Vanadiumcorp Resource'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
Wim Bakker
COMPENSATION CA$120,000
TENURE AS CEO 5.6 years
CEO Bio

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 President of Corporate Communications at PacificOre Mining since January 13, 2011. Mr. Bakker was responsible for defining and managing Apella's communications strategies worldwide including the development of public relations initiatives, media relations, corporate advertising, social media campaigns, customer marketing programs and other key corporate initiatives. He has more than 8 years' experience in the mineral exploration sector, having been directly involved in corporate finance, project acquisition and development, business development, as well as corporate communications. Mr. Bakker has been a Director of Vanadiumcorp Resource Inc. since August 30, 2013.

CEO Compensation
  • Wim's compensation has been consistent with company performance over the past year.
  • Wim's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Vanadiumcorp Resource management team in years:

5.6
Average Tenure
  • The average tenure for the Vanadiumcorp Resource management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Wim Bakker

TITLE
President
COMPENSATION
CA$120K
TENURE
5.6 yrs

Stephen Pearce

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$60K
AGE
47
TENURE
5.6 yrs

John Hewlett

TITLE
Director of Business Development & Director
COMPENSATION
CA$12K
AGE
61
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Vanadiumcorp Resource board of directors in years:

5.5
Average Tenure
63
Average Age
  • The tenure for the Vanadiumcorp Resource board of directors is about average.
Board of Directors

Wim Bakker

TITLE
President
COMPENSATION
CA$120K
TENURE
5.6 yrs

Stephen Pearce

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$60K
AGE
47
TENURE
5.6 yrs

John Hewlett

TITLE
Director of Business Development & Director
COMPENSATION
CA$12K
AGE
61
TENURE
5.5 yrs

James MacLeod

TITLE
Member of Advisory Board

Maria Skyllas-Kazacos

TITLE
Member of Advisory Board

Terry Perles

TITLE
Member of Advisory Board

J. Sorbara

TITLE
Member of Advisory Board
COMPENSATION
CA$12K
AGE
65

Peter MacLean

TITLE
Member of Advisory Board
AGE
68

Mark Reynolds

TITLE
Member of Advisory Board
TENURE
2.9 yrs

Ron Molnar

TITLE
Member of Advisory Board
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Vanadiumcorp Resource 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$) Value (CA$)
17. Jan 19 Buy John Hewlett Individual 16. Jan 19 16. Jan 19 100,000 CA$0.07 CA$7,000
14. Jan 19 Buy John Hewlett Individual 11. Jan 19 11. Jan 19 159,000 CA$0.08 CA$11,925
27. Dec 18 Buy John Hewlett Individual 24. Dec 18 24. Dec 18 41,000 CA$0.08 CA$3,075
24. May 18 Buy John Hewlett Individual 23. May 18 24. May 18 100,000 CA$0.10 CA$10,006
X
Management checks
We assess Vanadiumcorp Resource'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. Vanadiumcorp Resource 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.

VRB News

Simply Wall St News

What Type Of Shareholder Owns Vanadiumcorp Resource Inc.'s (CVE:VRB)?

If you want to know who really controls Vanadiumcorp Resource Inc. … With a market capitalization of CA$23m, Vanadiumcorp Resource is a small cap stock, so it might not be well known by many institutional investors. … institutions are not really that prevalent on the share registry.

Simply Wall St -

Is Vanadiumcorp Resource Inc's (CVE:VRB) CEO Incentives Align With Yours?

Leading Vanadiumcorp Resource Inc (CVE:VRB) as the CEO, Wim Bakker took the company to a valuation of CA$20.61m. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … See our latest analysis for Vanadiumcorp Resource

Simply Wall St -

Who Are The Major Shareholders Of Vanadiumcorp Resource Inc (CVE:VRB)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in VRB are private companies that hold a stake of 6.77% in VRB. … Thus, investors should dig deeper into VRB's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in VRB need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Why Vanadiumcorp Resource Inc's (CVE:VRB) CEO Salary Matters To You

Check out our latest analysis for Vanadiumcorp Resource What has VRB's performance been like? … TSXV:VRB Past Future Earnings Mar 26th 18 Is VRB's CEO overpaid relative to the market? … Normally I would use earnings and market cap to account for variations in performance, however, VRB's negative earnings reduces the usefulness of my formula.

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Should You Have Vanadiumcorp Resource Inc's (CVE:VRB) In 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. … Based on this beta value, VRB appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what VRB’s actual beta value suggests, which is lower stock volatility relative to the market.

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Vanadiumcorp Resource Inc (CVE:VRB): Is Now The Time To Bet On Basic Materials?

Vanadiumcorp Resource Inc (TSXV:VRB), a CA$29.11M small-cap, is a metals and mining operating in an industry which supplies materials for construction. … Check out our latest analysis for Vanadiumcorp Resource What’s the catalyst for Vanadiumcorp Resource's sector growth? … TSXV:VRB PE PEG Gauge Feb 19th 18 The metals and mining sector's PE is currently hovering around 10.94x, below the broader Canadian stock market PE of 16.28x.

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What Does Vanadiumcorp Resource Inc's (CVE:VRB) Ownership Structure Look Like?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in VRB should also look at another important group of investors: private companies, with a stake of 6.88%, who are primarily invested because of strategic and capital gain interests. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.What this means for you: Institutional ownership in VRB is not at a level that would concern investors.

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Does Vanadiumcorp Resource Inc's (CVE:VRB) CEO Salary Reflect Performance?

In the situation of negative earnings, the company may be incurring a period of reinvestment and growth, or it can be an indication of some headwind. … Usually I'd use market cap and profit as factors determining performance, however, VRB's negative earnings lower the effectiveness of this method. … To research more about these fundamentals, I recommend you check out our simple infographic report on VRB's financial metrics.

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How Should You Think About Vanadiumcorp Resource Inc's (TSXV:VRB) Risks?

VRB’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … As a result, this aspect of VRB indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.

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Have Investors Already Priced In Basic Materials Growth For Vanadiumcorp Resource Inc (TSXV:VRB)?

TSXV:VRB PE PEG Gauge Nov 17th 17 metals and mining companies are typically trading at a PE of 11x, lower than the rest of the Canadian stock market PE of 17x. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation. … Use our free playform to see my list of over 2000 other basic materials companies trading on the market.

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VRB Company Info

Description

Vanadiumcorp Resource Inc., 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 include the Lac Doré Vanadium Project covering approximately 45 square kilometers located in Quebec, Canada. 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 headquartered in Vancouver, Canada.

Details
Name: Vanadiumcorp Resource Inc.
VRB
Exchange: TSXV
Founded: 1980
CA$19,522,972
244,037,152
Website: http://www.vanadiumcorp.com
Address: Vanadiumcorp Resource Inc.
1505 West 2nd Avenue,
Suite 400,
Vancouver,
British Columbia, V6H 3Y4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV VRB Common Shares TSX Venture Exchange CA CAD 09. Sep 1988
OTCPK APAF.F Common Shares Pink Sheets LLC US USD 09. Sep 1988
DB NWN Common Shares Deutsche Boerse AG DE EUR 09. Sep 1988
OTCPK APAF.F Com Pink Sheets LLC US USD 26. Mar 2019
Number of employees
Current staff
Staff numbers
0
Vanadiumcorp Resource employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/26 00:12
End of day share price update: 2019/03/25 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


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.