DB:2JR1

Stock Analysis Report

Jourdan Resources

Executive Summary

Jourdan Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of lithium and other mineral properties in Canada.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2JR1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

100.0%

2JR1

14.6%

DE Metals and Mining

9.1%

DE Market


1 Year Return

-93.3%

2JR1

-45.1%

DE Metals and Mining

-13.1%

DE Market

Return vs Industry: 2JR1 underperformed the German Metals and Mining industry which returned -47.8% over the past year.

Return vs Market: 2JR1 underperformed the German Market which returned -14.3% over the past year.


Shareholder returns

2JR1IndustryMarket
7 Day100.0%14.6%9.1%
30 Day0%-0.9%-1.0%
90 Day0%-43.3%-20.7%
1 Year-93.3%-93.3%-44.5%-45.1%-10.6%-13.1%
3 Yearn/a-62.7%-63.9%-10.7%-18.1%
5 Yearn/a-64.0%-65.8%-10.7%-22.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2JR1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2JR1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2JR1 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 2JR1 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 2JR1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2JR1 is good value based on its PB Ratio (1.1x) compared to the DE Metals and Mining industry average (2.3x).


Next Steps

Future Growth

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

12.0%

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 Jourdan 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 Jourdan Resources performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2JR1 is currently unprofitable.

Growing Profit Margin: 2JR1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2JR1 is unprofitable, but has reduced losses over the past 5 years at a rate of 11.6% per year.

Accelerating Growth: Unable to compare 2JR1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2JR1 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: 2JR1 has a negative Return on Equity (-132.72%), as it is currently unprofitable.


Next Steps

Financial Health

How is Jourdan Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 2JR1's short term assets (CA$307.8K) do not cover its short term liabilities (CA$796.3K).

Long Term Liabilities: 2JR1 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 2JR1 is debt free.

Reducing Debt: 2JR1 has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.


Balance Sheet


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: 2JR1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 2JR1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -19.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2JR1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2JR1'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 2JR1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2JR1'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 2JR1'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?

1.5yrs

Average management tenure


CEO

Andy Rompel (56yo)

1.33s

Tenure

Dr. Andreas Rompel, also known as Andy, FSAIMM has been Vice President of Exploration at African Gold Group, Inc. since June 2019. Dr. Rompel has been the President and Chief Executive Officer at Jourdan R ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Dehn
Vice President of Exploration & Director8.5yrsCA$122.63kno data
Andreas Rompel
President1.33yrsno data0.14% CA$524.0
Deborah Battiston
Chief Financial Officer0.83yrno datano data
Najib Moutia
Chief Operating Officer7.92yrsCA$60.89kno data
Aaron Atin
Company Secretary1.25yrsno datano data
André Audet
Independent Consultant10.33yrsno datano data

1.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: 2JR1's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Dehn
Vice President of Exploration & Director8.5yrsCA$122.63kno data
Andreas Rompel
President1.33yrsno data0.14% CA$524.0
Rene Bharti
Chairman of the Board2.17yrsno datano data
Maxime Lemieux
Independent Director5.83yrsno data0.19% CA$715.1
Blake Hylands
Director1.83yrsno datano data

2.2yrs

Average Tenure

47yo

Average Age

Experienced Board: 2JR1's board of directors are not considered experienced ( 2.2 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40.2%.


Top Shareholders

Company Information

Jourdan Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jourdan Resources Inc.
  • Ticker: 2JR1
  • Exchange: DB
  • Founded: 1970
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$588.731k
  • Listing Market Cap: CA$385.628k
  • Shares outstanding: 58.87m
  • Website: https://www.jourdanresources.com

Location

  • Jourdan Resources Inc.
  • 65 Queen Street West
  • Suite 815
  • Toronto
  • Ontario
  • M5H 2M5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JORTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 1988
2JR1DB (Deutsche Boerse AG)YesCommon SharesDEEURAug 1988

Biography

Jourdan Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of lithium and other mineral properties in Canada. The company also explores for molybdenum and other minerals. It holds interest in the Vallée lithium project with 17 claims covering an area of 703.8 hectares located in the Val-d’Or region of northern Quebec; the Preissac La Corne Lithium portfolio with 145 claims covering 6,292 hectares in the La Motte, La Corne, Preissac, Figuery, and Landrienne townships; and the Rome Lithium property located in Quebec. The company also holds interest in the Baillarge Lithium project with 12 claims an area of 511.5 hectares in Lacorne township; and the Baillarge North property covers an area of 935 hectares. The company was incorporated in 1970 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 00:57
End of Day Share Price2020/04/09 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.