TSXV:Z

Stock Analysis Report

Zinc One Resources

Executive Summary

Zinc One Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada, Peru, and Africa.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Zinc One Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-33.3%

Z

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-87.5%

Z

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: Z underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: Z underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

ZIndustryMarket
7 Day-33.3%-6.0%-6.2%
30 Dayn/a-1.0%-5.0%
90 Day-50.0%4.9%-2.8%
1 Year-87.5%-87.5%2.9%2.2%1.1%-2.0%
3 Year-98.6%-98.6%-2.8%-4.5%10.7%0.6%
5 Year-66.7%-66.7%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Zinc One Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zinc One Resources undervalued compared to its fair value and its price relative to the market?

0.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: Z is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Zinc One Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

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 Zinc One 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.


Next Steps

Past Performance

How has Zinc One Resources performed over the past 5 years?

-70.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Z is currently unprofitable.

Growing Profit Margin: Z is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Z is unprofitable, and losses have increased over the past 5 years at a rate of -70% per year.

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

Earnings vs Industry: Z is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: Z has a negative Return on Equity (-593.45%), as it is currently unprofitable.


Next Steps

Financial Health

How is Zinc One Resources's financial position?


Financial Position Analysis

Short Term Liabilities: Z's short term assets (CA$305.9K) do not cover its short term liabilities (CA$3.1M).

Long Term Liabilities: Z has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: Z's debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if Z's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Z's debt is not covered by short term assets (assets are 0.4x debt).


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: Z has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Z has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27% each year


Next Steps

Dividend

What is Zinc One Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.1yrs

Average management tenure


CEO

Axel Roehlig (52yo)

0.8yrs

Tenure

Mr. Axel Gunther Ruediger Roehlig has been President, Chief Executive Officer and Director of Yuntone Capital Corp. since February 2018. Mr. Roehlig is the Chief Financial Officer of Hello Pal Internationa ...


Leadership Team

NamePositionTenureCompensationOwnership
Axel Roehlig
Interim CEO & Director0.8yrsno data1.36% CA$26.4k
Natasha Tsai
Chief Financial Officer3.5yrsno datano data
Monica Hamm
Vice President of Investor Relations0yrsno datano data
Peter Smith
Vice President of Exploration7.3yrsno datano data
Stewart Lockwood
Secretary0yrsno datano data
Roger Riquelme
Vice President of Exploration - Peru2.7yrsno datano data

3.1yrs

Average Tenure

52yo

Average Age

Experienced Management: Z's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Axel Roehlig
Interim CEO & Director0.8yrsno data1.36% CA$26.4k
W. Girling
Independent Director3.5yrsno data0.090% CA$1.8k
Gregory Crowe
Independent Director3.1yrsno data0.017% CA$333.4

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: Z's board of directors are considered experienced (3.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33%.


Top Shareholders

Company Information

Zinc One Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zinc One Resources Inc.
  • Ticker: Z
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.940m
  • Shares outstanding: 193.96m
  • Website: https://www.zincone.com

Location

  • Zinc One Resources Inc.
  • 1040 West Georgia Street
  • Suite 410
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2007
RH33DB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2007
ZZZO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2007
0VPHLSE (London Stock Exchange)YesCommon SharesGBCADAug 2007
RH33MUN (Boerse Muenchen)YesCommon SharesDEEURAug 2007

Biography

Zinc One Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada, Peru, and Africa. The company primarily explores for zinc deposits. Its principal properties include the Bongará Zinc mine project and Charlotte Bongará Zinc project located in north-central Peru. The company was formerly known as Rockridge Capital Corp. and changed its name to Zinc One Resources Inc. in January 2017. Zinc One Resources Inc. was founded in 2007 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 Analysis2020/02/28 01:21
End of Day Share Price2020/02/27 00:00
Earnings2019/11/30
Annual Earnings2019/02/28


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.