TSXV:ZAD

Stock Analysis Report

Executive Summary

Zadar Ventures Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Zadar Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

ZAD

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

16.7%

ZAD

5.4%

CA Metals and Mining

4.5%

CA Market

Return vs Industry: ZAD exceeded the Canadian Metals and Mining industry which returned 5.4% over the past year.

Return vs Market: ZAD exceeded the Canadian Market which returned 4.5% over the past year.


Shareholder returns

ZADIndustryMarket
7 Day0%4.7%0.1%
30 Day12.9%4.2%0.9%
90 Day133.3%14.1%3.7%
1 Year16.7%16.7%6.0%5.4%7.8%4.5%
3 Year-87.0%-87.0%0.2%-1.5%18.2%7.5%
5 Year-30.0%-30.0%26.6%22.9%33.7%14.2%

Price Volatility Vs. Market

How volatile is Zadar Ventures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zadar Ventures undervalued compared to its fair value and its price relative to the market?

8.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ZAD is overvalued based on its PB Ratio (8.9x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Zadar Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

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 Zadar Ventures 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 Zadar Ventures performed over the past 5 years?

16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZAD is currently unprofitable.

Growing Profit Margin: ZAD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZAD is unprofitable, but has reduced losses over the past 5 years at a rate of 16.9% per year.

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

Earnings vs Industry: ZAD 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: ZAD has a negative Return on Equity (-135.82%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Zadar Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: ZAD's short term assets (CA$444.8K) exceed its short term liabilities (CA$168.5K).

Long Term Liabilities: ZAD's short term assets (CA$444.8K) exceed its long term liabilities (CA$34.9K).


Debt to Equity History and Analysis

Debt Level: ZAD's debt to equity ratio (6.2%) is considered satisfactory.

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


Balance Sheet

Inventory Level: ZAD has a low level of unsold assets or inventory.

Debt Coverage by Assets: ZAD's debt is covered by short term assets (assets are 20.5x 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: ZAD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ZAD has less than a year of cash runway if free cash flow continues to grow at historical rates of 2% each year.


Next Steps

Dividend

What is Zadar Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

5.3yrs

Average management tenure


CEO

Paul Gray (44yo)

3.8yrs

Tenure

0

Mr. Paul D. Gray, P.Geo., has been President of Zadar Ventures Ltd. since June 13, 2013 and its Chief Executive Officer since May 17, 2016. Mr. Gray has been the Chief Executive Officer of Dawson Gold Corp ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Paul Gray
President3.8yrsno datano data
Geoffrey Watson
Chief Financial Officer8.2yrsCA$35.00k1.24% CA$43.7k
Yana Bobrovskaya
Secretary & Director4.4yrsCA$29.50k0.74% CA$26.2k
Kieran M. Downes
Vice President of Exploration6.8yrsno datano data

5.3yrs

Average Tenure

Experienced Management: ZAD's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Gray
President3.8yrsno datano data
Yana Bobrovskaya
Secretary & Director4.4yrsCA$29.50k0.74% CA$26.2k
John Roozendaal
Independent Director9.8yrsno data0.64% CA$22.6k
Mark Tommasi
Chairman0yrsCA$11.00k1.24% CA$43.8k
Jeremy Brett
Member of Advisory Board6.8yrsno datano data
Thomas Feehan
Member of Advisory Board3.7yrsno datano data

4.4yrs

Average Tenure

46yo

Average Age

Experienced Board: ZAD's board of directors are considered experienced (4.4 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 39.5%.


Top Shareholders

Company Information

Zadar Ventures Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zadar Ventures Ltd.
  • Ticker: ZAD
  • Exchange: TSXV
  • Founded: 2008
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.531m
  • Shares outstanding: 20.18m
  • Website: https://www.zadarventures.com

Location

  • Zadar Ventures Ltd.
  • 510 Burrard Street
  • Suite 908
  • Vancouver
  • British Columbia
  • V6C 3A8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZADTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2012
ZAV0DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2012
ZADD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2012

Biography

Zadar Ventures Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company was incorporated in 2008 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 Analysis2020/02/24 02:30
End of Day Share Price2020/02/21 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


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.