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Rathdowney Resources

DB:2RD
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2RD
DB
CA$18M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Rathdowney Resources Ltd., together with its subsidiaries, engages in the exploration and development of mineral properties. The last earnings update was 146 days ago. More info.


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  • Rathdowney Resources has significant price volatility in the past 3 months.
2RD Share Price and Events
7 Day Returns
-19%
DB:2RD
0%
DE Metals and Mining
1%
DE Market
1 Year Returns
-31.1%
DB:2RD
-38.3%
DE Metals and Mining
-5.6%
DE Market
2RD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rathdowney Resources (2RD) -19% -17.7% -8.9% -31.1% -52.8% -62.5%
DE Metals and Mining 0% 7.1% -6.8% -38.3% -24.5% -23.4%
DE Market 1% 6.1% 8.4% -5.6% 10.9% 13.8%
1 Year Return vs Industry and Market
  • 2RD outperformed the Metals and Mining industry which returned -38.3% over the past year.
  • 2RD underperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
2RD
Industry
5yr Volatility vs Market

Value

 Is Rathdowney 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.

In this section, we usually try to help investors determine whether Rathdowney Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Rathdowney Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Rathdowney Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.051.
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 Rathdowney Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rathdowney Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2RD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.03
TSXV:RTH Share Price ** TSXV (2019-04-23) in CAD CA$0.11
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 14.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.72x

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

** Primary Listing of Rathdowney Resources.

DB:2RD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.11 ÷ -0.03

-3.73x

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

  • Rathdowney Resources is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • Rathdowney Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Rathdowney Resources's expected growth come at a high price?
Raw Data
DB:2RD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.73x
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 62 Publicly-Listed Metals and Mining Companies 0.7x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.58x

*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 Rathdowney Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rathdowney Resources's assets?
Raw Data
DB:2RD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$-0.03
TSXV:RTH Share Price * TSXV (2019-04-23) in CAD CA$0.11
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 1.85x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:2RD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.11 ÷ -0.03

-3.76x

* Primary Listing of Rathdowney Resources.

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

  • Rathdowney Resources has negative assets, we can't compare the value of its assets to the DE Metals and Mining industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Rathdowney Resources's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Metals and Mining industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Rathdowney 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. Rathdowney Resources 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.

Future Performance

 How is Rathdowney 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 Rathdowney 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
31.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rathdowney Resources expected to grow at an attractive rate?
  • Unable to compare Rathdowney Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Rathdowney Resources's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Rathdowney Resources's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:2RD Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:2RD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:2RD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -3 -5
2018-06-30 -4 -5
2018-03-31 -5 -6
2017-12-31 -5 -7
2017-09-30 -5 -7
2017-06-30 -3 -6
2017-03-31 -2 -5
2016-12-31 -2 -4
2016-09-30 -1 -3
2016-06-30 -2 -4
2016-03-31 -4 -6
2015-12-31 -6 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Rathdowney Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Rathdowney 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:2RD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Rathdowney Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2RD Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.03
2016-09-30 -0.03
2016-06-30 -0.04
2016-03-31 -0.05
2015-12-31 -0.06

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

Next steps:

  1. Rathdowney 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
  2. Rathdowney Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Rathdowney 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.
Rathdowney 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 Rathdowney 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 Rathdowney 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.
  • Rathdowney Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Rathdowney Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Rathdowney Resources's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Rathdowney 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 Rathdowney Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2RD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -4.78 4.13
2018-06-30 -5.28 4.67
2018-03-31 -5.78 5.16
2017-12-31 -6.97 6.42
2017-09-30 -6.67 6.13
2017-06-30 -6.15 5.57
2017-03-31 -5.20 4.63
2016-12-31 -3.65 3.02
2016-09-30 -3.42 2.88
2016-06-30 -4.35 3.22
2016-03-31 -6.01 4.78
2015-12-31 -7.47 6.26
2015-09-30 -8.71 7.47
2015-06-30 -7.93 7.59
2015-03-31 -6.79 6.68
2014-12-31 -5.95 5.81
2014-09-30 -5.04 4.87
2014-06-30 -6.36 5.16
2014-03-31 -6.82 5.38
2013-12-31 -8.82 5.77
2013-09-30 -11.50 6.72
2013-06-30 -11.12 7.39
2013-03-31 -12.61 9.76
2012-12-31 -12.94 11.34
2012-09-30 -11.30 12.39
2012-06-30 -12.04 12.92

*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 Rathdowney Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Rathdowney 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 Rathdowney Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Rathdowney 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.
Rathdowney 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 Rathdowney 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 Rathdowney Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rathdowney Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Rathdowney Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rathdowney 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.
  • Rathdowney Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Rathdowney Resources Company Filings, last reported 6 months ago.

DB:2RD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -4.73 0.44 0.22
2018-06-30 -3.76 0.13 0.18
2018-03-31 -2.16 0.00 0.52
2017-12-31 -0.69 0.00 0.98
2017-09-30 0.52 0.00 2.44
2017-06-30 1.38 0.00 3.35
2017-03-31 2.49 0.00 4.16
2016-12-31 -1.03 0.47 1.56
2016-09-30 0.12 0.45 2.46
2016-06-30 -1.69 0.41 0.07
2016-03-31 -0.91 0.22 0.11
2015-12-31 -0.76 0.00 0.09
2015-09-30 0.06 0.00 0.50
2015-06-30 1.73 0.00 1.58
2015-03-31 4.21 0.00 3.90
2014-12-31 6.43 0.00 6.03
2014-09-30 8.89 0.00 7.82
2014-06-30 2.21 0.00 1.14
2014-03-31 3.60 0.00 2.07
2013-12-31 3.93 0.00 3.16
2013-09-30 4.90 0.00 3.90
2013-06-30 7.07 0.00 5.30
2013-03-31 9.03 0.00 7.15
2012-12-31 12.09 0.00 9.11
2012-09-30 14.31 0.00 10.22
2012-06-30 16.94 0.00 16.97
  • Rathdowney Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Rathdowney Resources's debt level has increased considering it has negative shareholder equity.
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.

  • Rathdowney Resources has less than a year of cash runway based on current free cash flow.
  • Rathdowney Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -10.3% each year.
X
Financial health checks
We assess Rathdowney 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. Rathdowney Resources has a total score of 1/6, 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 Rathdowney 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 Rathdowney Resources dividends.
If you bought €2,000 of Rathdowney 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 Rathdowney Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rathdowney 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:2RD 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%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
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 3.7%

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 Rathdowney Resources has not reported any payouts.
  • Unable to verify if Rathdowney Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rathdowney Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rathdowney 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 Rathdowney 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 Rathdowney Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rathdowney 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 Rathdowney 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
Dick Whittington
AGE 65
TENURE AS CEO 0.3 years
CEO Bio

Mr. J. Richard H. Whittington, also known as Dick, P.Eng has been President, Chief Executive Officer and Director of Rathdowney Resources Ltd. since March 2019. Mr. Whittington served as the Chief Executive Officer and President of Northern Vertex Mining Corp. from November 12, 2012 to September 30, 2016. He served as the Chief Executive Officer and President of Gen III Oil Corp. (formerly, PNG Gold Corporation) from June 7, 2011 to April 3, 2012. Mr. Whittington served as the Chief Executive Officer, President and Director of NMC Mining Corporation from February 28, 2011 to June 7, 2011. He served as President and Chief Executive Officer of Nyrstar Mining Ltd. (Also Known as Farallon Mining Ltd. and Farallon Resources Ltd.) from September 1, 2004 to January 5, 2011 and served as its Chief Operating Officer May 1, 2004 to September 7, 2004. Mr. Whittington served as the President and Chief Executive Officer of Hunter Dickinson Services, Inc. He served as Chief Operating Officer of Farallon Resources from May 1, 2004 to September 7, 2004. With a 28 year career as a mining executive. He has been involved in all phases of mine exploration, planning and development, including negotiating long term off take contracts with customers in Japan, Taiwan, Korea and Chile. He has participated in a diverse range of corporate activities, including numerous feasibility studies for various mining projects in Australia, Panama and Canada, involvement with several corporate mergers and acquisitions and completion of a number of major corporate financings. He has more than 28 years of industry experience in the management and evaluation of major mining projects in Canada, Panama and Australia. He has been involved in all phases of mine evaluation and development, from exploration through to negotiating long-term contracts for mine products with customers in Asia, South America and Europe. As a mining executive, he has participated in a full spectrum of corporate activities, including numerous feasibility studies, several mergers and acquisitions and major financings for mine developments. He served as a Director of Kootenay Silver Inc. (Alternate Name-Kootenay Gold Inc.,) from March 15, 2011 to November 30, 2016. Mr. Whittington served as a Director of Northern Vertex Mining Corp from December 28, 2012 to September 30, 2016. He served as a Director of Hunter Dickinson Services, Inc. He served as a Director of NMC Mining Corporation from February 28, 2011 to June 7, 2011; Great Panther Mining Limited (formerly, Great Panther Silver Ltd.) from June 28, 2012 to January 2013 and PNG Gold Corporation from June 7, 2011 to April 3, 2012. He served as a Director of Nyrstar Mining Ltd. from September 7, 2004 to January 5, 2011. Mr. Whittington was educated at the prestigious Royal School of Mines in the United Kingdom where he received his B.Sc in Mining Engineering. Mr. Whittington's distinguished career spans 35 years with a select variety of mining companies in Canada, Mexico, Panama, Papua New Guinea and Australia. He was recognized for his accomplishments, when the Governor General of Canada awarded Mr. Whittington with a Governor General Gold Medal as a result of his work to strengthen ties between Canada and Mexico and for his commitment to Corporate Social Responsibility in mining. He was also selected as one of the three finalists for the Ernst & Young Entrepreneur of the Year Award for 2010, in the mining category for the Pacific region.

CEO Compensation
  • Insufficient data for Dick to compare compensation growth.
  • Insufficient data for Dick to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

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

3.9
Average Tenure
51
Average Age
  • The tenure for the Rathdowney Resources management team is about average.
Management Team

Andrew Ing

TITLE
Chief Financial Officer
COMPENSATION
CA$247K
TENURE
3.9 yrs

Lena Brommeland

TITLE
Senior VP
COMPENSATION
CA$325K
AGE
51

Dick Whittington

TITLE
President
AGE
65
TENURE
0.3 yrs

Trevor Thomas

TITLE
Secretary
COMPENSATION
CA$4K
AGE
51
TENURE
8.1 yrs
Board of Directors Tenure

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

7.4
Average Tenure
65
Average Age
  • The tenure for the Rathdowney Resources board of directors is about average.
Board of Directors

Dave Copeland

TITLE
Chairman of the Board
COMPENSATION
CA$722K
AGE
70
TENURE
7.3 yrs

Lena Brommeland

TITLE
Senior VP
COMPENSATION
CA$325K
AGE
51
TENURE
7.4 yrs

Dick Whittington

TITLE
President
AGE
65
TENURE
0.3 yrs

Rene Carrier

TITLE
Director
COMPENSATION
CA$19K
AGE
74
TENURE
8.1 yrs

Terry Coughlan

TITLE
Independent Director
COMPENSATION
CA$49K
AGE
73
TENURE
8.1 yrs

Michael Nolan

TITLE
Independent Director
COMPENSATION
CA$30K
AGE
56
TENURE
8.1 yrs

Robert Konski

TITLE
Director
COMPENSATION
CA$405K
TENURE
4.9 yrs

George Ireland

TITLE
Director
COMPENSATION
CA$26K
AGE
61
TENURE
4.7 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. Jan 19 Buy David Copeland Individual 31. Dec 18 31. Dec 18 10,000 €0.08 €768
02. Jan 19 Buy David Copeland Individual 31. Dec 18 31. Dec 18 168,000 €0.08 €10,761
20. Dec 18 Buy David Copeland Individual 20. Dec 18 20. Dec 18 41,000 €0.06 €2,527
23. Nov 18 Buy David Copeland Individual 19. Nov 18 19. Nov 18 11,000 €0.07 €729
02. Oct 18 Buy Lena Brommeland Individual 28. Sep 18 28. Sep 18 10,000 €0.07 €732
01. Oct 18 Buy David Copeland Individual 28. Sep 18 28. Sep 18 40,500 €0.07 €2,630
22. Jun 18 Buy Roger Blair Individual 20. Jun 18 20. Jun 18 15,000 €0.07 €1,022
11. Jun 18 Buy David Copeland Individual 08. Jun 18 08. Jun 18 40,500 €0.07 €2,923
01. Jun 18 Buy David Copeland Individual 01. Jun 18 01. Jun 18 2,000 €0.07 €132
31. May 18 Buy Roger Blair Individual 30. May 18 30. May 18 30,000 €0.07 €2,004
31. May 18 Buy David Copeland Individual 30. May 18 30. May 18 48,000 €0.07 €3,206
15. May 18 Buy David Copeland Individual 11. May 18 11. May 18 19,500 €0.08 €1,468
04. May 18 Buy Roger Blair Individual 03. May 18 03. May 18 20,000 €0.07 €1,396
X
Management checks
We assess Rathdowney 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. Rathdowney 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

Rathdowney Resources Ltd., together with its subsidiaries, engages in the exploration and development of mineral properties. Its flagship project is the Olza zinc-lead-silver project located in the Upper Silesian Mining district of Poland. The company was incorporated in 2008 and is based in Vancouver, Canada.

Details
Name: Rathdowney Resources Ltd.
2RD
Exchange: DB
Founded: 2008
CA$11,776,893
161,701,178
Website: http://www.rathdowneyresources.com
Address: Rathdowney Resources Ltd.
1040 West Georgia Street,
15th Floor,
Vancouver,
British Columbia, V6E 4H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV RTH Common Shares TSX Venture Exchange CA CAD 18. Mar 2011
OTCPK RATH.F Common Shares Pink Sheets LLC US USD 18. Mar 2011
DB 2RD Common Shares Deutsche Boerse AG DE EUR 18. Mar 2011
Number of employees
Current staff
Staff numbers
0
Rathdowney Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 22:03
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.