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Oceanus Resources

BST:1OC
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1OC
BST
CA$14M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Oceanus Resources Corporation engages in the exploration of mineral properties in Mexico. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Oceanus Resources has significant price volatility in the past 3 months.
1OC Share Price and Events
7 Day Returns
3.7%
BST:1OC
1.7%
DE Metals and Mining
1.8%
DE Market
1 Year Returns
-62.9%
BST:1OC
-38%
DE Metals and Mining
-8.9%
DE Market
1OC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oceanus Resources (1OC) 3.7% -8.2% 21.7% -62.9% - -
DE Metals and Mining 1.7% -3% -12.2% -38% -17.4% -22.3%
DE Market 1.8% 2.7% 7.2% -8.9% 9.3% 11.7%
1 Year Return vs Industry and Market
  • 1OC underperformed the Metals and Mining industry which returned -38% over the past year.
  • 1OC underperformed the Market in Germany which returned -8.9% over the past year.
Price Volatility
1OC
Industry
5yr Volatility vs Market

Value

 Is Oceanus 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 Oceanus Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.056.
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 Oceanus Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oceanus Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:1OC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:OCN Share Price ** TSXV (2019-03-18) in CAD CA$0.1
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 14.39x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 19.52x

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

** Primary Listing of Oceanus Resources.

BST:1OC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.1 ÷ -0.01

-11.16x

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

  • Oceanus Resources is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • Oceanus Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Oceanus Resources's expected growth come at a high price?
Raw Data
BST:1OC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 58 Publicly-Listed Metals and Mining Companies 0.59x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.42x

*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 Oceanus Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oceanus Resources's assets?
Raw Data
BST:1OC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.11
TSXV:OCN Share Price * TSXV (2019-03-18) in CAD CA$0.1
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 2.84x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.76x
BST:1OC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.1 ÷ 0.11

0.92x

* Primary Listing of Oceanus Resources.

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

  • Oceanus Resources is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Oceanus 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 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. Oceanus Resources has a total score of 1/6, 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 Oceanus 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 Oceanus 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
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Oceanus Resources expected to grow at an attractive rate?
  • Unable to compare Oceanus Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Oceanus Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Oceanus Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:1OC Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
BST:1OC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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.
BST:1OC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 -1 -1
2018-06-30 -2 -1
2018-03-31 -2 -1
2017-12-31 -2 -1
2017-09-30 -2 -2
2017-06-30 -2 -10
2017-03-31 -2 -10
2016-12-31 -2 -10
2016-09-30 -2 -10
2016-06-30 -1 -2
2016-03-31 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Oceanus Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Oceanus 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
BST:1OC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Oceanus Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1OC Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.08
2017-03-31 -0.09
2016-12-31 -0.09
2016-09-30 -0.11
2016-06-30 -0.02
2016-03-31 -0.03

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

Next steps:

  1. Take a look at our analysis of 1OC’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. Oceanus 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 Materials companies here
  3. Oceanus 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 Oceanus 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 Germany 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.
Oceanus 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 Oceanus 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 Oceanus Resources'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.
  • Oceanus Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Oceanus Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Oceanus Resources's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Oceanus 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 Oceanus Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1OC 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 -1.25 1.16
2018-09-30 -1.27 1.17
2018-06-30 -1.28 1.14
2018-03-31 -1.31 1.12
2017-12-31 -1.48 1.21
2017-09-30 -2.18 1.60
2017-06-30 -10.21 1.49
2017-03-31 -10.17 1.45
2016-12-31 -10.11 1.36
2016-09-30 -9.93 1.34
2016-06-30 -1.83 1.45
2016-03-31 -1.83 1.47
2015-12-31 -1.55 1.33
2015-09-30 -1.09 1.09
2015-06-30 -1.13 1.13
2015-03-31 -1.37 1.40
2014-12-31 -2.30 1.39
2014-09-30 -2.22 1.29
2014-06-30 -2.02 1.09
2014-03-31 -1.91 0.93
2013-12-31 -0.96 0.87
2013-09-30 -0.82 0.67
2013-06-30 -0.79 0.65
2013-03-31 -0.60 0.50
2012-12-31 -0.80 0.48
2012-09-30 -0.68 0.46
2012-06-30 -0.71 0.46
2012-03-31 -0.60 0.36

*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 Oceanus Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Oceanus Resources has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Oceanus 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 Oceanus 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 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.
Oceanus 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Oceanus 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 Oceanus Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oceanus Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Oceanus Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oceanus 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.
  • High level of physical assets or inventory.
  • Oceanus 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 Oceanus Resources Company Filings, last reported 2 months ago.

BST:1OC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 15.66 0.00 0.26
2018-09-30 15.60 0.00 0.20
2018-06-30 15.53 0.00 0.05
2018-03-31 15.36 0.00 0.02
2017-12-31 15.61 0.00 0.65
2017-09-30 15.76 0.00 1.38
2017-06-30 13.17 0.00 0.07
2017-03-31 13.42 0.00 1.28
2016-12-31 13.92 0.00 2.87
2016-09-30 14.41 1.43 5.87
2016-06-30 21.14 1.40 5.47
2016-03-31 16.34 1.36 0.88
2015-12-31 16.25 1.30 1.28
2015-09-30 8.42 0.00 0.68
2015-06-30 8.68 0.00 1.26
2015-03-31 7.69 0.00 0.23
2014-12-31 7.87 0.00 0.54
2014-09-30 7.99 0.00 1.77
2014-06-30 5.69 0.00 0.32
2014-03-31 5.64 0.00 1.18
2013-12-31 5.29 0.00 0.16
2013-09-30 5.41 0.00 0.48
2013-06-30 5.54 0.00 1.08
2013-03-31 5.58 0.00 1.96
2012-12-31 0.76 0.00 0.04
2012-09-30 0.90 0.00 0.06
2012-06-30 1.01 0.00 0.34
2012-03-31 0.83 0.00 0.23
  • Oceanus Resources has no debt.
  • Oceanus Resources had no debt 5 years ago.
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.

  • Oceanus Resources has less than a year of cash runway based on current free cash flow.
  • Oceanus Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.8% each year.
X
Financial health checks
We assess Oceanus 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. Oceanus Resources 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.

Dividends

 What is Oceanus 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 Oceanus Resources dividends.
If you bought €2,000 of Oceanus 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 Oceanus Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Oceanus 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
BST:1OC 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
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
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 Oceanus Resources has not reported any payouts.
  • Unable to verify if Oceanus Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Oceanus Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Oceanus 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 Oceanus 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 Oceanus Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oceanus 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 Oceanus 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
Glenn Jessome
COMPENSATION CA$253,153
AGE 54
TENURE AS CEO 4.5 years
CEO Bio

Mr. Glenn R. Jessome, J.D., MBA, is the Corporate Secretary of ViveRE Communities Inc. since September 14, 2018. He serves as Corporate Secretary at Nova Leap Health Corp. Mr. Jessome served as Corporate Secretary at Nobelium Tech Corp. until May 11, 2018. Mr. Jessome has been the Chief Executive Officer and President of Oceanus Resources Corporation since September 1, 2014. He also serves as a Director at Oceanus Resources Corporation since 2018. He has been Corporate Secretary and General Legal Counsel at GoGold Resources Inc. since January 11, 2016. He served as Corporate Secretary of Oceanus Resources Corporation until September 2014. Mr. Jessome served as Company Secretary of Chrysos Capital Corporation since November 3, 2008 and served as its Executive. He served as Secretary of GoGold Resources Inc. He is a Lawyer of Jessomelaw. He is a Lawyer practicing in Halifax, Nova Scotia. His areas of practice are securities law, corporate law and commercial law. He is a securities lawyer, a member of the National Advisory Committee for the TSX Venture Exchange and a member of the Canadian Society of Corporate Secretaries and Institute of Corporate Directors. He has been a Member of the Nova Scotia Bar since June 1992. Mr. Jessome received his Law Degree from Dalhousie University in 1991, his MBA from Dalhousie University in 1991 and his Bachelor of Science from St. Frances Xavier University in 1986.

CEO Compensation
  • Glenn's compensation has been consistent with company performance over the past year.
  • Glenn's remuneration is about average for companies of similar size in Germany.
Management Team

Glenn Jessome

TITLE
President
COMPENSATION
CA$253K
AGE
54
TENURE
4.5 yrs

Glenn Holmes

TITLE
Secretary
COMPENSATION
CA$99K
AGE
56

David Duncan

TITLE
Vice President of Exploration
COMPENSATION
CA$84K
AGE
62
Board of Directors Tenure

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

1.5
Average Tenure
54
Average Age
  • The average tenure for the Oceanus Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Keith Abriel

TITLE
Chairman of the Board of Directors
AGE
45
TENURE
1.2 yrs

Glenn Jessome

TITLE
President
COMPENSATION
CA$253K
AGE
54
TENURE
1.2 yrs

Glenn Holmes

TITLE
Secretary
COMPENSATION
CA$99K
AGE
56
TENURE
8.8 yrs

Richard Gordon

TITLE
Director
AGE
63
TENURE
8.8 yrs

Kevin Lindsey

TITLE
Director
TENURE
5.5 yrs

Wade Anderson

TITLE
Director
AGE
53
TENURE
1.2 yrs

Mike Anaka

TITLE
Director
TENURE
1.5 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 (€)
04. Jan 19 Buy Glenn Jessome Individual 18. Sep 18 18. Sep 18 154,615 €0.09 €13,237
24. Sep 18 Buy Michael Anaka Individual 18. Sep 18 18. Sep 18 200,000 €0.09 €17,123
21. Sep 18 Buy David Duncan Individual 18. Sep 18 18. Sep 18 100,000 €0.09 €8,561
20. Sep 18 Buy Glenn Holmes Individual 18. Sep 18 18. Sep 18 50,000 €0.09 €4,281
16. May 18 Buy Kevin Lindsey Individual 15. May 18 15. May 18 100,000 €0.16 €15,704
X
Management checks
We assess Oceanus 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. Oceanus 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

Company Info

Description

Oceanus Resources Corporation engages in the exploration of mineral properties in Mexico. The company explores for gold, silver, copper, zinc, lead, and base metals. It holds a 100% interest in the El Tigre property that covers an area of 26,307 hectares located in Sonora, Mexico. The company was incorporated in 2010 and is headquartered in Halifax, Canada.

Details
Name: Oceanus Resources Corporation
1OC
Exchange: BST
Founded: 2010
CA$9,514,186
143,916,357
Website: http://www.oceanusresources.ca
Address: Oceanus Resources Corporation
Purdy's Tower Two,
Suite 2108,
Halifax,
Nova Scotia, B3J 3R7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV OCN Common Stock TSX Venture Exchange CA CAD 17. Dec 2010
OTCPK OCNS.F Common Stock Pink Sheets LLC US USD 17. Dec 2010
BST 1OC Common Stock Boerse-Stuttgart DE EUR 17. Dec 2010
Number of employees
Current staff
Staff numbers
0
Oceanus Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 21:53
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.