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Western Pacific Resources

TSXV:WRP
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WRP
TSXV
CA$709K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Western Pacific Resources Corp., an exploration stage company, engages in the exploration, acquisition, and development of precious or base metal properties in North America. The last earnings update was 104 days ago. More info.


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  • Western Pacific Resources has significant price volatility in the past 3 months.
WRP Share Price and Events
7 Day Returns
7.1%
TSXV:WRP
-0%
CA Metals and Mining
1%
CA Market
1 Year Returns
-25%
TSXV:WRP
-21.5%
CA Metals and Mining
-9.9%
CA Market
WRP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Western Pacific Resources (WRP) 7.1% -45.8% -37.5% -25% 125% -92%
CA Metals and Mining -0% 0.8% 2.5% -21.5% 42.9% -28.7%
CA Market 1% 9.3% 0.7% -9.9% 23.2% 4.9%
1 Year Return vs Industry and Market
  • WRP underperformed the Metals and Mining industry which returned -21.5% over the past year.
  • WRP underperformed the Market in Canada which returned -9.9% over the past year.
Price Volatility
WRP
Industry
5yr Volatility vs Market

Value

 Is Western Pacific Resources 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.

In this section, we usually try to help investors determine whether Western Pacific Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Western Pacific Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Western Pacific Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.45.
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 Western Pacific Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Western Pacific Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:WRP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-08-31) in CAD CA$-0.24
TSXV:WRP Share Price ** TSXV (2019-01-18) in CAD CA$0.45
Canada Metals and Mining Industry PE Ratio Median Figure of 123 Publicly-Listed Metals and Mining Companies 10.69x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 13.91x

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

** Primary Listing of Western Pacific Resources.

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

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

= 0.45 ÷ -0.24

-1.9x

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

  • Western Pacific Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Western Pacific Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Western Pacific Resources's expected growth come at a high price?
Raw Data
TSXV:WRP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.9x
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 43 Publicly-Listed Metals and Mining Companies 0.43x
Canada Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 0.99x

*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 Western Pacific Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Western Pacific Resources's assets?
Raw Data
TSXV:WRP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-08-31) in CAD CA$-0.31
TSXV:WRP Share Price * TSXV (2019-01-18) in CAD CA$0.45
Canada Metals and Mining Industry PB Ratio Median Figure of 1,071 Publicly-Listed Metals and Mining Companies 1.31x
Canada Market PB Ratio Median Figure of 2,297 Publicly-Listed Companies 1.47x
TSXV:WRP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.45 ÷ -0.31

-1.43x

* Primary Listing of Western Pacific Resources.

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

  • Western Pacific Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of WRP’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. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Western Pacific Resources's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Western Pacific Resources'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. Western Pacific Resources 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.

Future Performance

 How is Western Pacific Resources 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 Western Pacific 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 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
25.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Western Pacific Resources expected to grow at an attractive rate?
  • Unable to compare Western Pacific Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Western Pacific Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Western Pacific Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:WRP Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 25.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*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:WRP 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:WRP Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-08-31 -0 -0
2018-05-31 -0 -0
2018-02-28 -0 -0
2017-11-30 -0 -0
2017-08-31 -0 -0
2017-05-31 -1 5
2017-02-28 -1 7
2016-11-30 -1 6
2016-08-31 -1 4
2016-05-31 -0 -2
2016-02-29 -0 -3
2015-11-30 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Western Pacific Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Western Pacific Resources 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:WRP 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 Western Pacific Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:WRP Past Financials Data
Date (Data in CAD Millions) EPS *
2018-08-31 -0.24
2018-05-31 -0.27
2018-02-28 -0.31
2017-11-30 -0.30
2017-08-31 -0.28
2017-05-31 3.05
2017-02-28 4.62
2016-11-30 4.55
2016-08-31 3.04
2016-05-31 -1.49
2016-02-29 -2.66
2015-11-30 -2.45

*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 Western Pacific Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of WRP’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. Western Pacific Resources'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. Western Pacific Resources'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 Western Pacific Resources'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.
Western Pacific Resources 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.

Past Performance

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

TSXV:WRP Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-08-31 -0.37 0.35
2018-05-31 -0.43 0.42
2018-02-28 -0.49 0.44
2017-11-30 -0.47 0.39
2017-08-31 -0.44 0.37
2017-05-31 4.63 0.41
2017-02-28 6.71 0.44
2016-11-30 6.33 0.50
2016-08-31 4.02 0.65
2016-05-31 -1.96 0.76
2016-02-29 -3.50 0.92
2015-11-30 -3.20 1.38
2015-08-31 -0.94 2.19
2015-05-31 -4.16 3.96
2015-02-28 -6.29 5.29
2014-11-30 -7.35 5.25
2014-08-31 -7.86 4.80
2014-05-31 -4.31 3.38
2014-02-28 -3.36 2.43
2013-11-30 -2.21 2.28
2013-08-31 -1.88 1.94
2013-05-31 -1.54 1.58
2013-02-28 -1.06 1.09
2012-11-30 -1.84 1.18
2012-08-31 -2.38 2.14
2012-05-31 -3.60 2.93
2012-02-29 -3.61 2.93

*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 Western Pacific Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Western Pacific Resources 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 Western Pacific Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Western Pacific Resources'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.
Western Pacific Resources 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.

Health

 How is Western Pacific Resources'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 Western Pacific Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Western Pacific Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Western Pacific Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Western Pacific Resources'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.
  • Western Pacific Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Western Pacific Resources Company Filings, last reported 4 months ago.

TSXV:WRP Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-08-31 -0.50 0.00 0.00
2018-05-31 -0.47 0.00 0.04
2018-02-28 -0.41 0.00 0.02
2017-11-30 -0.26 0.00 0.05
2017-08-31 -0.15 0.00 0.16
2017-05-31 -0.07 0.00 0.20
2017-02-28 0.04 0.00 0.32
2016-11-30 0.15 0.00 0.39
2016-08-31 0.29 0.00 0.46
2016-05-31 -5.03 0.00 0.09
2016-02-29 -7.00 8.47 0.03
2015-11-30 -6.46 8.17 0.04
2015-08-31 -4.11 6.15 0.05
2015-05-31 -3.16 5.59 0.28
2015-02-28 -3.60 5.11 0.33
2014-11-30 -3.98 3.81 0.19
2014-08-31 -4.54 3.30 0.32
2014-05-31 -1.48 2.99 1.27
2014-02-28 0.10 1.86 1.81
2013-11-30 1.33 0.00 0.74
2013-08-31 1.97 0.00 1.23
2013-05-31 2.63 0.00 1.98
2013-02-28 2.40 0.00 1.83
2012-11-30 2.46 0.00 1.71
2012-08-31 2.75 0.00 2.03
2012-05-31 3.10 0.00 2.55
2012-02-29 3.36 0.00 2.89
  • Western Pacific Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Western Pacific Resources's debt level has increased considering it has negative shareholder equity.
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.

  • Western Pacific Resources has less than a year of cash runway based on current free cash flow.
  • Western Pacific Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -56.1% each year.
X
Financial health checks
We assess Western Pacific Resources'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. Western Pacific Resources has a total score of 1/6, 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.

Dividends

 What is Western Pacific Resources'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 Western Pacific Resources dividends.
If you bought CA$2,000 of Western Pacific Resources 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 Western Pacific Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Western Pacific Resources'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:WRP 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 27 Stocks 1.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.2%
Canada Top 25% Dividend Yield 75th Percentile 6.1%

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 Western Pacific Resources has not reported any payouts.
  • Unable to verify if Western Pacific Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Western Pacific Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Western Pacific Resources 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 Western Pacific Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Western Pacific Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Western Pacific Resources 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.

Management

 What is the CEO of Western Pacific Resources'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
Jeff Sundar
COMPENSATION CA$0
TENURE AS CEO 0.4 years
CEO Bio

Mr. Jeff Sundar has been President, Chief Executive Officer and Director at Western Pacific Resources Corp. since August 14, 2018.

CEO Compensation
  • Insufficient data for Jeff to compare compensation growth.
  • Jeff's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Western Pacific Resources management team in years:

0.4
Average Tenure
  • The average tenure for the Western Pacific Resources management team is less than 2 years, this suggests a new team.
Management Team

Jeff Sundar

TITLE
President
TENURE
0.4 yrs

Eddy Yu

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Sheryl Elsdon

TITLE
Corporate Secretary
AGE
40
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure and age of the Western Pacific Resources board of directors in years:

1.4
Average Tenure
65
Average Age
  • The average tenure for the Western Pacific Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Arthur Brown

TITLE
Chairman
COMPENSATION
CA$29K
AGE
77
TENURE
5.9 yrs

Jeff Sundar

TITLE
President
TENURE
0.4 yrs

Alf Hills

TITLE
Director
COMPENSATION
CA$15K
AGE
63
TENURE
4.9 yrs

Gary Young

TITLE
Director
COMPENSATION
CA$15K
AGE
67
TENURE
2.4 yrs

Jim Paterson

TITLE
Director
TENURE
0.4 yrs

Jeff Dare

TITLE
Director
AGE
38
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Western Pacific Resources'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. Western Pacific Resources 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.

News

Simply Wall St News

How Much Of Western Pacific Resources Corp (CVE:WRP) Do Insiders Own?

The big shareholder groups in Western Pacific Resources Corp (CVE:WRP) have power over the company. … Western Pacific Resources is not a large company by global standards. … See our latest analysis for Western Pacific Resources

Simply Wall St -

Breaking Down Western Pacific Resources Corp's (CVE:WRP) Ownership Structure

Today, I will be analyzing Western Pacific Resources Corp’s (CVE:WRP) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure of a company has been found to affect share performance over time. … See our latest analysis for Western Pacific Resources

Simply Wall St -

Who Owns Western Pacific Resources Corp (CVE:WRP)?

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. … 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 WRP should also look at another important group of investors: private companies, with a stake of 39.30%, who are primarily invested because of strategic and capital gain interests.

Simply Wall St -

Is Western Pacific Resources Corp's (CVE:WRP) CEO Salary Justified?

View our latest analysis for Western Pacific Resources What has been the trend in WRP's earnings? … Profitability of a company is a strong indication of WRP's ability to generate returns on shareholders' funds through corporate activities. … Typically I'd use market cap and profit as factors determining performance, however, WRP's negative earnings reduces the usefulness of my formula.

Simply Wall St -

What Kind Of Risk Should You Expect For Western Pacific Resources Corp (CVE:WRP)?

An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … Thus, we can expect WRP to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books. … However, this is the opposite to what WRP’s actual beta value suggests, which is higher stock volatility relative to the market.

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Should You Be Concerned About Western Pacific Resources Corp's (CVE:WRP) Shareholders?

View our latest analysis for Western Pacific Resources TSXV:WRP Ownership_summary Feb 8th 18 Insider Ownership Another important group of shareholders are company insiders. … 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. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

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Western Pacific Resources Corp (TSXV:WRP): How Much Growth Is Left In Basic Materials?

In the past year, the industry delivered growth of over 50%, beating the Canadian market growth of 12.19%. … If your initial investment thesis is around the growth prospects of WRP, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … 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.

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Company Info

Map
Description

Western Pacific Resources Corp., an exploration stage company, engages in the exploration, acquisition, and development of precious or base metal properties in North America. It holds interest in the Rock Springs property comprising 10 claims located in Elko County, Nevada. The company was incorporated in 2009 and is based in Vancouver, Canada.

Details
Name: Western Pacific Resources Corp.
WRP
Exchange: TSXV
Founded: 2009
CA$709,012
1,575,584
Website: http://www.westernpacificresources.com
Address: Western Pacific Resources Corp.
800 West Pender Street,
Suite 550,
Vancouver,
British Columbia, V6C 2V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV WRP Common Shares TSX Venture Exchange CA CAD 01. Feb 2010
OTCPK WRPS.F Common Shares Pink Sheets LLC US USD 01. Feb 2010
DB WPZB Common Shares Deutsche Boerse AG DE EUR 01. Feb 2010
Number of employees
Current staff
Staff numbers
0
Western Pacific Resources employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/24 00:13
End of day share price update: 2019/01/18 00:00
Last earnings filing: 2018/10/12
Last earnings reported: 2018/08/31
Last annual earnings reported: 2018/02/28


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.