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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Zinc One Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
Zinc One Resources's
is considered below, and whether this is a fair price.
Price based on past earnings
Zinc One Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Zinc One Resources
expected to grow at an
Unable to compare Zinc One Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Zinc One Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Zinc One Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Zinc One Resources is high growth as no earnings estimate data is available.
Unable to determine if Zinc One 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.
Zinc One Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Zinc One 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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Zinc One Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Zinc One Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Zinc One Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Zinc One 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
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 3.4x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Dr. William Conard Williams, also known as Bill, Ph.D., CPG has been Director at Zinc One Resources Inc. since June 1, 2017 and also has been its Interim Chief Executive Officer since November 13, 2018. Dr. Williams is Interim Chief Executive Officer of Detour Gold Corporation since January 2019 and it’s Director since December 2018. Dr. Williams serves as Chief Operating Officer at Zinc One Resources Inc. since June 01, 2017. Dr. Williams served as Chief Executive Officer at Forrester Metals Inc. (also known as, Vena Resources Inc.) since August 29, 2016 until June 2017. Dr. Williams is a Consultant to the mining industry. Dr. Williams is an economic geologist with extensive experience in South America. Dr. Williams has been Chief Executive Officer of Vena Resources Inc. since August 29, 2016. Dr. Williams served as the Chief Executive Officer and President of Orvana Minerals Corp. of Empresa Minera Paititi S.A. from December 2011 to April 6, 2013. He served as Vice President of Corporate Development at Orvana Minerals Asturias Corp. since August 28, 2009. He served as the President of Orvana Resources US Corp. He served as Vice President of Corporate Development of Orvana Minerals Corp. from March 3, 2008 to December 2011. He was a Vice President for Phelps Dodge Exploration. He has spent eight years in the petroleum industry. He was involved in minerals exploration and project development throughout the Americas with Western Mining, Northern Orion and Freeport-McMoRan. Dr. Williams served as a Director of Orvana Minerals Corp. since December 2011. He has been a Director Forrester Metals Inc. (also known as, Vena Resources Inc.) since July 29, 2016 until June 01, 2017. Dr. Williams received his Ph.D. degree in Economic Geology from the University of Arizona.
Insufficient data for Bill to compare compensation growth.
Bill's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Zinc One Resources
management team in years:
The tenure for the Zinc One Resources management team is about average.
Chief Financial Officer
Vice President of Investor Relations
Vice President of Exploration
Vice President of Exploration - Peru
Board of Directors Tenure
Average tenure and age of the
Zinc One Resources
board of directors in years:
The average tenure for the Zinc One Resources board of directors is less than 3 years, this suggests a new board.
Should You Be Concerned About Zinc One Resources Inc.'s (CVE:Z) Historical Volatility?
(CVE:Z), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Before You Buy Zinc One Resources Inc (CVE:Z), Consider Its Volatility
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Zinc One Resources Inc. acquires, explores for, and develops mineral properties primarily in Canada, Peru, and Africa. The company primarily explores for zinc deposits. Its principal project is the Bongará mine project in 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.
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