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James Bay Resources

DB:8J8
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8J8
DB
€4M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

James Bay Resources Limited, a Canadian junior oil company, focuses on the acquisition, exploration, and development of oil and gas opportunities in the prolific Delta region of Nigeria. The last earnings update was 23 days ago. More info.


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8J8 Share Price and Events
7 Day Returns
0%
DB:8J8
2.8%
DE Oil and Gas
-0.6%
DE Market
1 Year Returns
12.5%
DB:8J8
15.6%
DE Oil and Gas
-10.8%
DE Market
8J8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
James Bay Resources (8J8) 0% 0% 0% 12.5% -51.9% -
DE Oil and Gas 2.8% 6.8% 11.9% 15.6% 17.5% 67.6%
DE Market -0.6% -3.3% 2.3% -10.8% 8% 8%
1 Year Return vs Industry and Market
  • 8J8 underperformed the Oil and Gas industry which returned 15.6% over the past year.
  • 8J8 outperformed the Market in Germany which returned -10.8% over the past year.
Price Volatility
8J8
Industry
5yr Volatility vs Market

Value

 Is James Bay 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for James Bay Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.09.
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 James Bay Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are James Bay Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8J8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.22
DB:8J8 Share Price ** DB (2019-05-23) in EUR €0.09
DB:8J8 Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.504 CA$0.14
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 9.26x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.28x

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

** Primary Listing of James Bay Resources.

DB:8J8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:8J8 Share Price ÷ EPS (both in CAD)

= 0.14 ÷ 0.22

0.62x

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

  • James Bay Resources is good value based on earnings compared to the DE Oil and Gas industry average.
  • James Bay Resources is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does James Bay Resources's expected growth come at a high price?
Raw Data
DB:8J8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 0.99x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.51x

*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 James Bay Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on James Bay Resources's assets?
Raw Data
DB:8J8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.16
DB:8J8 Share Price * DB (2019-05-23) in EUR €0.09
DB:8J8 Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.504 CA$0.14
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.08x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.78x
DB:8J8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:8J8 Share Price ÷ Book Value per Share (both in CAD)

= 0.14 ÷ 0.16

0.84x

* Primary Listing of James Bay Resources.

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

  • James Bay Resources is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess James Bay 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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. James Bay Resources has a total score of 3/6, 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 James Bay 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 James Bay 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
7%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is James Bay Resources expected to grow at an attractive rate?
  • Unable to compare James Bay Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare James Bay Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare James Bay Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:8J8 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
DB:8J8 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.
DB:8J8 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 10
2018-09-30 -1 8
2018-06-30 0 8
2018-03-31 2 -5
2017-12-31 1 -4
2017-09-30 -1 -3
2017-06-30 0 -4
2017-03-31 0 4
2016-12-31 0 4
2016-09-30 0 -1
2016-06-30 1 2
2016-03-31 -1 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if James Bay Resources is high growth as no earnings estimate data is available.
  • Unable to determine if James Bay 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
DB:8J8 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 James Bay Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8J8 Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.22
2018-09-30 0.19
2018-06-30 0.19
2018-03-31 -0.12
2017-12-31 -0.10
2017-09-30 -0.07
2017-06-30 -0.09
2017-03-31 0.09
2016-12-31 0.09
2016-09-30 -0.02
2016-06-30 0.05
2016-03-31 -0.15

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

Next steps:

  1. Examine whether James Bay Resources is trading at James Bay Resources'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. James Bay 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 Energy companies here
  3. James Bay 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 James Bay 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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
James Bay 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 James Bay 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 James Bay Resources's growth in the last year to its industry (Oil and Gas).
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.
  • James Bay Resources has delivered over 20% year on year earnings growth in the past 5 years.
  • James Bay Resources has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • James Bay Resources has become profitable in the last year making it difficult to compare the Europe Oil and Gas industry average.
Earnings and Revenue History
James Bay 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 James Bay Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8J8 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 9.91 0.18
2018-09-30 8.13 0.17
2018-06-30 7.87 0.18
2018-03-31 -4.85 0.18
2017-12-31 -4.24 0.19
2017-09-30 -2.94 0.29
2017-06-30 -3.69 0.11
2017-03-31 3.80 0.19
2016-12-31 3.56 0.43
2016-09-30 -0.98 0.41
2016-06-30 2.14 0.64
2016-03-31 -6.03 1.33
2015-12-31 -6.26 1.37
2015-09-30 -4.00 1.06
2015-06-30 -7.06 1.95
2015-03-31 -5.81 1.29
2014-12-31 -5.45 1.11
2014-09-30 -2.70 1.54
2014-06-30 -1.63 1.03
2014-03-31 -1.69 1.16
2013-12-31 -1.77 1.38
2013-09-30 -2.75 1.49
2013-06-30 -3.38 1.22
2013-03-31 -6.27 0.77
2012-12-31 -6.20 1.12
2012-09-30 -5.72 1.24
2012-06-30 -5.01 1.61

*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.
  • James Bay Resources made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • James Bay Resources used its assets more efficiently than the DE Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if James Bay Resources 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 James Bay 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 Oil and Gas 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.
James Bay Resources has a total score of 3/6, 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 James Bay 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 James Bay Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • James Bay Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • James Bay Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of James Bay 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.
  • Low level of unsold assets.
  • James Bay Resources has no debt, it does not need to be 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 James Bay Resources Company Filings, last reported 4 months ago.

DB:8J8 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 7.87 0.00 1.15
2018-09-30 7.92 0.00 8.18
2018-06-30 8.48 0.00 8.83
2018-03-31 -4.14 1.58 0.06
2017-12-31 -2.92 1.21 0.07
2017-09-30 -1.10 0.85 0.19
2017-06-30 -0.28 0.80 0.91
2017-03-31 0.71 0.76 1.88
2016-12-31 1.32 0.73 2.87
2016-09-30 1.84 2.08 6.32
2016-06-30 6.37 2.80 9.70
2016-03-31 -2.53 2.73 0.43
2015-12-31 -2.24 1.83 1.32
2015-09-30 3.70 3.17 2.29
2015-06-30 1.17 3.06 0.44
2015-03-31 2.51 1.34 0.08
2014-12-31 3.69 0.32 0.13
2014-09-30 1.51 0.36 0.78
2014-06-30 0.08 32.73 0.07
2014-03-31 0.34 33.61 0.15
2013-12-31 0.03 0.64 0.04
2013-09-30 0.38 0.56 0.10
2013-06-30 0.81 0.20 0.23
2013-03-31 1.27 0.00 0.64
2012-12-31 2.02 0.00 1.26
2012-09-30 3.02 0.00 2.48
2012-06-30 4.07 0.00 3.71
  • James Bay Resources has no debt.
  • James Bay Resources has no debt compared to 5 years ago when it was 3066.7%.
  • James Bay Resources has no debt, it does not need to be covered by operating cash flow.
  • James Bay Resources has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess James Bay 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. James Bay Resources has a total score of 6/6, 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 James Bay 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 James Bay Resources dividends.
If you bought €2,000 of James Bay Resources shares you are expected to receive €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 James Bay Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate James Bay 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
DB:8J8 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
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 5.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

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 James Bay Resources has not reported any payouts.
  • Unable to verify if James Bay Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of James Bay Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as James Bay 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 James Bay Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 James Bay Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. James Bay 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 James Bay 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
Stephen Shefsky
COMPENSATION CA$360,000
AGE 62
TENURE AS CEO 11.5 years
CEO Bio

Mr. Stephen Shefsky is the Co-Founder of James Bay Resources Limited and has been its Chief Executive Officer and President since November 5, 2007. Mr. Shefsky serves as a Secretary of James Bay Resources Limited. He was the Founder of Castle Resources Inc. and served as the Executive Chairman since June 23, 2011 until July 23, 2014. Mr. Shefsky served as Chief Executive Officer at Castle Resources Inc. from February 2008 to July 2011 and President from February 2008 to June 30, 2010. He served as an Executive Director of Castle Resources Inc. since March 28, 2007 until July 23, 2014. He co-founded Brasoil do Brasil Exploracao Petrolifera SA in 2006. He founded Silver Bear Resources Plc ("Silver Bear"). He served as a Vice President of Corporate Development of Silver Bear Resources Plc from 2004 to September 2007. He served as the Chief Executive Officer and President of Belo Sun Mining Corp. from 1996 to August 2007. He served as the Chief Executive Officer and President of Cancap Investments Limited since 1985. He founded Regis Resources Vermiculite Mine and financed and brought into commercial production, near Peterborough, Ontario. He has over 15 years experience in the junior equity markets. He has been the Chairman of Regis Resources Inc., since 1998. He served as Chairman at Ascendant Resources Inc. (a/k/a Morumbi Resources Inc.) until July 2012. Mr. Shefsky served as the Chairman at James Bay Resources Limited since November 5, 2007. He served as the Vice Chairman at Ascendant Resources Inc. since July 2012 until November 2013 and has been its Director since April 21, 2015. He serves as a Director of Crestar Integrated Natural Resources Limited. He has been a Director at James Bay Resources Limited since November 5, 2007. He served as a Director of Ascendant Resources Inc. since August 05, 2009 until November 19, 2013. He served as a Director at Silver Bear Resources Inc., since April 8, 2004. He served as a Director of Belo Sun Mining Corp. from June 1996 to March 11, 2008. Mr. Shefsky served as a Director of Lynden Energy Corp. (formerly Lynden Ventures Ltd.). Mr. Shefsky serves as the Chief Executive Officer and Director at BB1 Acquisition Corp. He holds a Bachelor of Arts from the University of Toronto, a Master of Science Degree in Urban Planning from Columbia University and a Juris Doctor Degree from Pepperdine University School of Law.

CEO Compensation
  • Stephen's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Stephen's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the James Bay Resources management team in years:

11.5
Average Tenure
58
Average Age
  • The average tenure for the James Bay Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Stephen Shefsky

TITLE
Co-Founder
COMPENSATION
CA$360K
AGE
62
TENURE
11.5 yrs

Mark Brennan

TITLE
Co-Founder & Director
COMPENSATION
CA$20K
AGE
53
TENURE
11.5 yrs

Eric Edward Szustak

TITLE
Chief Financial Officer
COMPENSATION
CA$72K
AGE
58
TENURE
11.4 yrs

Jennifer Ta

TITLE
Controller

Jessica Damphouse

TITLE
Executive Officer

Richard Daigle

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the James Bay Resources board of directors in years:

11.3
Average Tenure
54.5
Average Age
  • The average tenure for the James Bay Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Wayne Egan

TITLE
Non-Executive Chairman
COMPENSATION
CA$20K
AGE
49

Stephen Shefsky

TITLE
Co-Founder
COMPENSATION
CA$360K
AGE
62
TENURE
11.5 yrs

Mark Brennan

TITLE
Co-Founder & Director
COMPENSATION
CA$20K
AGE
53
TENURE
11.5 yrs

Jon Pereira

TITLE
Independent Director
COMPENSATION
CA$20K
AGE
56
TENURE
11.3 yrs

Jean Gauthier

TITLE
Independent Director
COMPENSATION
CA$20K
TENURE
4.8 yrs

Adeniyi Olaniyan

TITLE
Director
COMPENSATION
CA$452K
TENURE
6.9 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 (€) Value (€)
03. Oct 18 Sell Linear Capital Group, Asset Management Arm Company 02. Oct 18 02. Oct 18 -200,000 €0.14 €-28,350
X
Management checks
We assess James Bay 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. James Bay 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

Do Insiders Own Shares In James Bay Resources Limited (FRA:8J8)?

The big shareholder groups in James Bay Resources Limited (FRA:8J8) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … James Bay Resources is a smaller company with a market capitalization of €4.5m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What Does James Bay Resources Limited's (FRA:8J8) PE Ratio Tell You?

I am writing today to help inform people who are new to the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … James Bay Resources Limited (FRA:8J8) is currently trading at a trailing P/E of 1.3, which is lower than the industry average of 16.7.

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Who Really Owns James Bay Resources Limited (FRA:8J8)?

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: Institutional ownership level and composition in 8J8 is not high nor active enough to significantly impact its investment thesis.

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Company Info

Description

James Bay Resources Limited, a Canadian junior oil company, focuses on the acquisition, exploration, and development of oil and gas opportunities in the prolific Delta region of Nigeria. The company was incorporated in 2007 and is headquartered in Toronto, Canada.

Details
Name: James Bay Resources Limited
8J8
Exchange: DB
Founded: 2007
€4,202,766
46,697,405
Website: http://www.jamesbayresources.com
Address: James Bay Resources Limited
TD Tower South, Suite 2100,
79 Wellington Street West,
Toronto,
Ontario, M5K 1H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB 8J8 Common Shares Deutsche Boerse AG DE EUR 31. Jul 2008
OTCPK JMBR.F Common Shares Pink Sheets LLC US USD 31. Jul 2008
Number of employees
Current staff
Staff numbers
0
James Bay Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 22:18
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.