DB:16C

Stock Analysis Report

Colorado Resources

Executive Summary

Colorado Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Colorado Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 16C's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.0%

16C

-2.7%

DE Metals and Mining

-0.6%

DE Market


1 Year Return

-37.1%

16C

-56.4%

DE Metals and Mining

-20.9%

DE Market

Return vs Industry: 16C exceeded the German Metals and Mining industry which returned -54.7% over the past year.

Return vs Market: 16C underperformed the German Market which returned -20.6% over the past year.


Shareholder returns

16CIndustryMarket
7 Day-12.0%-2.7%-0.6%
30 Day-12.0%-29.3%-18.6%
90 Day-21.4%-52.6%-26.2%
1 Year-37.1%-37.1%-56.0%-56.4%-18.6%-20.9%
3 Year-88.4%-88.4%-70.3%-71.2%-19.0%-25.8%
5 Year-71.1%-71.1%-71.2%-72.7%-21.2%-31.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Colorado Resources undervalued compared to its fair value and its price relative to the market?

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 16C's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 16C's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 16C is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 16C is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 16C's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 16C is good value based on its PB Ratio (0.3x) compared to the DE Metals and Mining industry average (1.9x).


Next Steps

Future Growth

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

11.1%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Colorado 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Colorado Resources performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 16C is currently unprofitable.

Growing Profit Margin: 16C is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 16C is unprofitable, and losses have increased over the past 5 years at a rate of -8.5% per year.

Accelerating Growth: Unable to compare 16C's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 16C is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9.8%).


Return on Equity

High ROE: 16C has a negative Return on Equity (-4.52%), as it is currently unprofitable.


Next Steps

Financial Health

How is Colorado Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 16C's short term assets (CA$1.2M) exceed its short term liabilities (CA$466.8K).

Long Term Liabilities: 16C's short term assets (CA$1.2M) exceed its long term liabilities (CA$56.0K).


Debt to Equity History and Analysis

Debt Level: 16C is debt free.

Reducing Debt: 16C had no debt 5 years ago.


Balance Sheet

Inventory Level: 16C has a high level of physical assets or inventory.

Debt Coverage by Assets: 16C's debt is not covered by short term assets (assets are -8.3491044541523E+16x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 16C has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 16C has less than a year of cash runway if free cash flow continues to reduce at historical rates of -6.8% each year


Next Steps

Dividend

What is Colorado Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 16C's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 16C's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 16C's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 16C's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 16C's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average board tenure


CEO

Joe Mullin (46yo)

0.67

Tenure

Mr. Joseph E. Mullin, III, also known as Joe, founded Joseph E. Mullin LLC in 2010 and serves as its Partner. Mr. Mullin has been a Director of FireFox Gold Corp. since June 16, 2017. He is the Chief Execu ...


Board Members

NamePositionTenureCompensationOwnership
Joseph Mullin
CEO, President & Director0.67yrno data1.14% CA$63.3k
Bryan Wilson
Independent Director2yrsCA$26.50k0.013% CA$735.1
Cecil Bond
Independent Director2yrsCA$26.00k0.13% CA$7.3k
Patrick Soares
Chairman of the Advisory Board0.67yrCA$26.00kno data
David Rhys
Member of Technical Advisory Committee3.83yrsno datano data
Charlie Greig
Member of Technical Advisory Committee3.83yrsno datano data
Mark Rebagliati
Member of Technical Advisory Committee3.83yrsno datano data
Fletcher Morgan
Independent Chair of the Boardno datano datano data

2.0yrs

Average Tenure

62yo

Average Age

Experienced Board: 16C's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 16C insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.8%.


Top Shareholders

Company Information

Colorado Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colorado Resources Ltd.
  • Ticker: 16C
  • Exchange: DB
  • Founded: 2009
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$8.447m
  • Listing Market Cap: CA$5.540m
  • Shares outstanding: 211.17m
  • Website: https://www.coloradoresources.com

Number of Employees


Location

  • Colorado Resources Ltd.
  • 3500 Carrington Road
  • Suite 105
  • West Kelowna
  • British Columbia
  • V4T 3C1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CXOTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2010
CLAS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2010
16CDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2010

Biography

Colorado Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, and copper deposits. The company’s principal assets include the North ROK, Hit, Kinaskan-Castle, KSP, Heart Peaks, and KingPin properties located in British Columbia. Colorado Resources Ltd. was incorporated in 2009 and is based in West Kelowna, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 01:29
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.