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Zadar Ventures

TSXV:ZAD
Snowflake Description

Mediocre balance sheet with weak fundamentals.

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

Zadar Ventures Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada. The last earnings update was 83 days ago. More info.


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  • Zadar Ventures has significant price volatility in the past 3 months.
ZAD Share Price and Events
7 Day Returns
50%
TSXV:ZAD
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-78.6%
TSXV:ZAD
-5.9%
CA Metals and Mining
0.7%
CA Market
ZAD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zadar Ventures (ZAD) 50% 0% -40% -78.6% -75% -92.9%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • ZAD underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • ZAD underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
ZAD
Industry
5yr Volatility vs Market

ZAD Value

 Is Zadar Ventures 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Zadar Ventures. This is due to cash flow or dividend data being unavailable. The share price is CA$0.015.
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 Zadar Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zadar Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ZAD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:ZAD Share Price ** TSXV (2019-03-19) in CAD CA$0.02
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Zadar Ventures.

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

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

= 0.02 ÷ -0.01

-1x

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

  • Zadar Ventures is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Zadar Ventures is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Zadar Ventures's expected growth come at a high price?
Raw Data
TSXV:ZAD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1x
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 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*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 Zadar Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zadar Ventures's assets?
Raw Data
TSXV:ZAD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.00
TSXV:ZAD Share Price * TSXV (2019-03-19) in CAD CA$0.02
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:ZAD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.02 ÷ 0.00

4.56x

* Primary Listing of Zadar Ventures.

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

  • Zadar Ventures is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Zadar Ventures'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. Zadar Ventures 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.

ZAD Future Performance

 How is Zadar Ventures 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 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 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zadar Ventures expected to grow at an attractive rate?
  • Unable to compare Zadar Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zadar Ventures's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Zadar Ventures's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ZAD Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:ZAD 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:ZAD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 0 -1
2018-07-31 -1 -1
2018-04-30 -1 -1
2018-01-31 -1 -1
2017-10-31 -1 -1
2017-07-31 -1 -1
2017-04-30 -1 -1
2017-01-31 -1 -2
2016-10-31 -1 -1
2016-07-31 -1 -1
2016-04-30 -1 -3
2016-01-31 0 -2

*GAAP earnings excluding extraordinary items.

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

TSXV:ZAD Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.01
2018-07-31 -0.02
2018-04-30 -0.01
2018-01-31 -0.01
2017-10-31 -0.01
2017-07-31 -0.01
2017-04-30 -0.02
2017-01-31 -0.02
2016-10-31 -0.03
2016-07-31 -0.03
2016-04-30 -0.09
2016-01-31 -0.08

*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 Zadar Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ZAD’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. Zadar Ventures'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. Zadar Ventures'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 Zadar Ventures'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.
Zadar Ventures 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.

ZAD Past Performance

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

TSXV:ZAD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -1.44 0.44
2018-07-31 -1.42 0.49
2018-04-30 -0.58 0.57
2018-01-31 -0.82 0.84
2017-10-31 -0.71 0.78
2017-07-31 -0.83 0.87
2017-04-30 -1.25 1.20
2017-01-31 -1.52 1.48
2016-10-31 -1.49 1.39
2016-07-31 -1.38 1.20
2016-04-30 -2.88 0.74
2016-01-31 -2.39 0.14
2015-10-31 -2.45 0.15
2015-07-31 -2.41 0.14
2015-04-30 -0.93 0.24
2015-01-31 -1.29 0.32
2014-10-31 -1.53 0.60
2014-07-31 -1.58 0.71
2014-04-30 -1.27 0.83
2014-01-31 -0.83 0.77
2013-10-31 -0.49 0.46
2013-07-31 -0.41 0.36
2013-04-30 -0.28 0.23
2013-01-31 -0.25 0.22
2012-10-31 -0.23 0.20
2012-07-31 -0.24 0.21
2012-04-30 -0.14 0.11

*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 Zadar Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Zadar Ventures 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 Zadar Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Zadar Ventures'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.
Zadar Ventures 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.

ZAD Health

 How is Zadar Ventures'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 Zadar Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zadar Ventures is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zadar Ventures has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zadar Ventures'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.
  • Debt is covered by short term assets, assets are 3.2x debt.
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 Zadar Ventures Company Filings, last reported 4 months ago.

TSXV:ZAD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 0.33 0.10 0.22
2018-07-31 0.34 0.10 0.31
2018-04-30 1.30 0.08 0.41
2018-01-31 1.36 0.08 0.46
2017-10-31 1.18 0.07 0.43
2017-07-31 1.20 0.08 0.59
2017-04-30 1.32 0.09 0.98
2017-01-31 0.56 0.09 0.30
2016-10-31 0.65 0.10 0.35
2016-07-31 0.21 0.10 0.38
2016-04-30 0.42 0.07 0.49
2016-01-31 -0.08 0.00 0.16
2015-10-31 -0.18 0.11 0.09
2015-07-31 -0.09 0.00 0.18
2015-04-30 1.96 0.00 0.20
2015-01-31 2.09 0.00 0.31
2014-10-31 2.22 0.00 0.38
2014-07-31 2.32 0.00 0.46
2014-04-30 2.66 0.00 0.92
2014-01-31 1.79 0.00 0.05
2013-10-31 1.42 0.00 0.02
2013-07-31 0.71 0.00 0.09
2013-04-30 0.61 0.00 0.09
2013-01-31 0.40 0.00 0.09
2012-10-31 0.43 0.00 0.15
2012-07-31 0.49 0.00 0.23
2012-04-30 0.15 0.00 0.03
  • Zadar Ventures's level of debt (28.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 28.9% today).
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.

  • Zadar Ventures has less than a year of cash runway based on current free cash flow.
  • Zadar Ventures has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.8% each year.
X
Financial health checks
We assess Zadar Ventures'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. Zadar Ventures has a total score of 3/6, 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.

ZAD Dividends

 What is Zadar Ventures'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 Zadar Ventures dividends.
If you bought CA$2,000 of Zadar Ventures 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 Zadar Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zadar Ventures'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:ZAD 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 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

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 Zadar Ventures has not reported any payouts.
  • Unable to verify if Zadar Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zadar Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zadar Ventures 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 Zadar Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Zadar Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zadar Ventures 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.

ZAD Management

 What is the CEO of Zadar Ventures'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
Paul Gray
COMPENSATION CA$0
AGE 43
TENURE AS CEO 2.8 years
CEO Bio

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., since July 2010. Mr. Gray has been a Vice President of Exploration at Victoria Gold Corp. since May 2017. He serves as Vice President of Exploration at Banyan Gold Corp. He has been the Principal of Paul D. Gray Geological Consultants since August 2007. He has worked extensively as an exploration geologist in the mineral exploration industry in Canada, the United States, Asia and Central and South America for the past 21 years, concentrating on precious metals, base metals and uranium exploration and development. Mr. Gray has been working in the Yukon and North West Territories with advanced gold exploration projects since 2001. Mr. Gray served as Chief Executive Officer of Dawson Gold Corp since July 2010 until December 21, 2015 and served as its President until December 21, 2015. He served as Secretary of Argus Metals Corp. since December 03, 2012. He served as the President and Chief Executive Officer of Argus Metals Corp. from December 03, 2012 to December 19, 2013. He has more than 18 years mineral exploration experience. He served as the Chief Financial Officer of Dawson Gold Corp. from June 18, 2010 to November 5, 2011. He served as a Director of Business Development at Argus Metals Corp. since August 2006. He served as the President and Chief Operating Officer of Doublestar Resources Ltd. since August 25, 2006 until July 2007. He served as a Secretary and Vice-President of Exploration at Doublestar Resources Ltd. He served as Field assistant for Doublestar Resources Ltd. from 1996 to 2007. Mr. Gray worked extensively as an exploration geologist in the Mineral Exploration Industry in Canada the United States, Asia and Central and South America for the past 14 years, concentrating on base metal, precious metal and uranium exploration. He has been a Director of Bluerock Resources Ltd., since October 2005, Dawson Gold Corp. since June 18, 2010, Blue River Resources Ltd., since January 26, 2010. He has been a Member of Advisory Board at Glenmark Capital Corp. (Aldever Resources Inc.) since December 8, 2014. He has been a Director of Zadar Ventures Ltd. since May 17, 2016. He served as Interim President and CEO from December 19, 2016 to April 8, 2017 and Director from December 20, 2012 until April 8, 2017 of Intigold Mines Ltd. He served as a Director of Imagination Park Entertainment Inc. (GeoNovus Minerals Corp.) since October 27, 2011 until April 13, 2015 and Geo Minerals Ltd., since May 15, 2008. He served as a Director of Argus Metals Corp. from September 26, 2005 to November 18, 2016. He served as a Director of Tajiri Resources Corp. since October 11, 2012. He served as a Director Doublestar Resources Ltd., from August 25, 2006 to July 2007, Selkirk Metals Corp. from August 2007 to December 2009, Petro One Energy Corp. from March 2009 to July 28, 2010, Dorex Minerals Inc., from September 10, 2009 to March 15, 2011, Cloudbreak Resources Ltd. from March 31, 2009 to July 28, 2010 and Alston Energy Inc. from July 14, 2009 to July 2012. He has been Professional Geologist since 2005. He is a Member in good standing with the Association of Professional Engineers and Geoscientists of British Columbia. Mr. Gray holds a Bachelor of Science (Honours) degree from Dalhousie University.

CEO Compensation
  • Paul's compensation has been consistent with company performance over the past year.
  • Paul's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Zadar Ventures management team in years:

4.4
Average Tenure
  • The tenure for the Zadar Ventures management team is about average.
Management Team

Paul Gray

TITLE
President
AGE
43
TENURE
2.8 yrs

Geoff Watson

TITLE
Chief Financial Officer
COMPENSATION
CA$35K
AGE
53
TENURE
7.3 yrs

Yana Bobrovskaya

TITLE
Secretary & Director
COMPENSATION
CA$30K
TENURE
2.8 yrs

Kieran M. Downes

TITLE
Vice President of Exploration
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the Zadar Ventures board of directors in years:

3.5
Average Tenure
45
Average Age
  • The tenure for the Zadar Ventures board of directors is about average.
Board of Directors

Mark Tommasi

TITLE
Chairman
COMPENSATION
CA$11K
AGE
45

Paul Gray

TITLE
President
AGE
43
TENURE
2.8 yrs

Yana Bobrovskaya

TITLE
Secretary & Director
COMPENSATION
CA$30K
TENURE
3.5 yrs

John Roozendaal

TITLE
Director
AGE
48
TENURE
8.9 yrs

Jeremy Brett

TITLE
Member of Advisory Board
TENURE
5.8 yrs

Thomas Feehan

TITLE
Member of Advisory Board
TENURE
2.8 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 Zadar Ventures'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. Zadar Ventures 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.

ZAD News

Simply Wall St News

Breaking Down Zadar Ventures Ltd's (CVE:ZAD) Ownership Structure

Check out our latest analysis for Zadar Ventures TSXV:ZAD Ownership_summary Mar 5th 18 Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in ZAD should also look at another important group of investors: private companies, with a stake of 2.09%, who are primarily invested because of strategic and capital gain interests.

Simply Wall St -

Is Zadar Ventures Ltd's (CVE:ZAD) Balance Sheet Strong Enough To Weather A Storm?

How does ZAD’s operating cash flow stack up against its debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Risk around debt is extremely low for ZAD, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: ZAD’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

ZAD Company Info

Description

Zadar Ventures Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for lithium and uranium deposits. The company holds an option to acquire interests in the East Boundary mineral claims that covers an area of 1,888 hectares located in Northern British Columbia’s prolific Golden Triangle; and Whiskey Gap project located in Alberta. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.

Details
Name: Zadar Ventures Ltd.
ZAD
Exchange: TSXV
Founded: 2008
CA$1,526,870
101,791,336
Website: http://www.zadarventures.com
Address: Zadar Ventures Ltd.
510 Burrard Street,
Suite 908,
Vancouver,
British Columbia, V6C 3A8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ZAD Common Shares TSX Venture Exchange CA CAD 30. May 2012
OTCPK ZADD.F Common Shares Pink Sheets LLC US USD 30. May 2012
DB ZAV Common Shares Deutsche Boerse AG DE EUR 30. May 2012
Number of employees
Current staff
Staff numbers
0
Zadar Ventures employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:37
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/12/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/07/31


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.