VR Resources Ltd., a mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral exploration properties in the United States.
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has VR Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VRR's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: VRR exceeded the Canadian Metals and Mining industry which returned 6.8% over the past year.
Return vs Market: VRR exceeded the Canadian Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is VR Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is VR Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VRR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VRR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VRR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: VRR 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 VRR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VRR is overvalued based on its PB Ratio (2.4x) compared to the CA Metals and Mining industry average (1.6x).
How is VR Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 VR 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 SimplyWall St do have past financial data.
- Examine VR 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.
- VR Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has VR Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRR is currently unprofitable.
Growing Profit Margin: VRR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VRR is unprofitable, but has reduced losses over the past 5 years at a rate of 26.2% per year.
Accelerating Growth: Unable to compare VRR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRR 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: VRR has a negative Return on Equity (-11.36%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is VR Resources's financial position?
Financial Position Analysis
Short Term Liabilities: VRR's short term assets (CA$2.4M) exceed its short term liabilities (CA$89.7K).
Long Term Liabilities: VRR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRR is debt free.
Reducing Debt: VRR has not had any debt for past 5 years.
Inventory Level: VRR has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if VRR'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: VRR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VRR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -25% each year
What is VR Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate VRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VRR'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 VRR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VRR'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 VRR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mike Gunning (57yo)
Dr. Michael Hewitt Gunning, also known as Mike, B.Sc (Hons), M.Sc, Ph.D., serves as Chief Executive Officer of VR Resources Ltd. and has been its President since June 2010. Dr. Gunning serves as the Chief ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD223.00K) is above average for companies of similar size in the Canadian market ($USD154.48K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
|CEO, President & Director||2.9yrs||CA$295.99k||8.88% CA$1.9m|
|Independent Director||2.9yrs||CA$39.00k||no data|
Experienced Board: VRR's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VRR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.1%.
VR Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: VR Resources Ltd.
- Ticker: VRR
- Exchange: TSXV
- Founded: 2015
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$20.948m
- Shares outstanding: 60.72m
- Website: https://www.vrr.ca
- VR Resources Ltd.
- 700 West Pender Street
- Suite 1750
- British Columbia
- V6C 1G8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|5VR||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2017|
|VRR||TSXV (TSX Venture Exchange)||Yes||Common Stock||CA||CAD||Mar 2017|
|VRRC.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Mar 2017|
VR Resources Ltd., a mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral exploration properties in the United States. The company primarily explores for copper, silver, and gold deposits. Its core properties include the Bonita property that consists of 381 claims covering an area of approximately 3,186 hectares in Humboldt County, Nevada; the Junction property that comprises 149 claims covering an area of approximately 1,227 hectares in Humboldt County, Nevada; the New Boston property consists of 64 claims covering an area of approximately 543 hectares in Mineral County, Nevada; the Danbo property that consists of 21 claims covering an area of approximately 434 acres in Nye County, Nevada; and the Ranoke property consisting of 353 claims in one contiguous block covering 7,072 hectares in northern Ontario. The company was incorporated in 2015 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 02:09|
|End of Day Share Price||2020/02/24 00:00|
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.