DB:5EV

Stock Analysis Report

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Executive Summary

Evrim Resources Corp. operates as a mineral exploration company in Canada, United States, and Mexico.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 5EV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-13.6%

5EV

6.3%

DE Metals and Mining

2.6%

DE Market


1 Year Return

8.8%

5EV

-31.8%

DE Metals and Mining

0.5%

DE Market

Return vs Industry: 5EV exceeded the German Metals and Mining industry which returned -31.8% over the past year.

Return vs Market: 5EV exceeded the German Market which returned 0.1% over the past year.


Shareholder returns

5EVIndustryMarket
7 Day-13.6%6.3%2.6%
30 Day2.2%8.1%7.6%
90 Day3.9%-6.8%-1.7%
1 Year8.8%8.8%-31.3%-31.8%2.2%0.5%
3 Year13.5%13.5%-60.1%-61.3%-4.8%-12.1%
5 Year54.2%54.2%-57.6%-59.8%7.8%-6.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 5EV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 5EV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 5EV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 5EV 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 5EV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5EV is good value based on its PB Ratio (3.3x) compared to the DE Metals and Mining industry average (4.2x).


Next Steps

Future Growth

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

14.9%

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 Evrim 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 Evrim Resources performed over the past 5 years?

-7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5EV is currently unprofitable.

Growing Profit Margin: 5EV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5EV is unprofitable, and losses have increased over the past 5 years at a rate of -7.8% per year.

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

Earnings vs Industry: 5EV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.3%).


Return on Equity

High ROE: 5EV has a negative Return on Equity (-35.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Evrim Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 5EV's short term assets (CA$9.2M) exceed its short term liabilities (CA$197.2K).

Long Term Liabilities: 5EV's short term assets (CA$9.2M) exceed its long term liabilities (CA$114.8K).


Debt to Equity History and Analysis

Debt Level: 5EV is debt free.

Reducing Debt: 5EV has not had any debt for past 5 years.


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: 5EV has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 5EV has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 10.7% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 5EV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 5EV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 5EV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5EV'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 5EV'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?

6.9yrs

Average management tenure


CEO

Paddy Nicol (49yo)

9.5yrs

Tenure

CA$340,085

Compensation

Mr. John Patrick Nicol, also known as Paddy, MBA, has been Chief Executive Officer and President of Evrim Resources Corp. since December 23, 2010. Mr. Nicol served as the Chief Executive Officer and Presid ...


CEO Compensation Analysis

Compensation vs Market: Paddy's total compensation ($USD249.59K) is below average for companies of similar size in the German market ($USD422.82K).

Compensation vs Earnings: Paddy's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
John Nicol
President9.5yrsCA$340.09k1.75% CA$345.5k
Mahesh Liyanage
Chief Financial Officer6.92yrsCA$296.47k0.16% CA$31.2k
Jefferson Chambers
Chief Geoscientist9.25yrsno datano data
David Groves
Vice President of Exploration1yrno datano data
Rosana Batista
Corporate Secretary2.42yrsno datano data

6.9yrs

Average Tenure

Experienced Management: 5EV's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Nicol
President9.5yrsCA$340.09k1.75% CA$345.5k
David Caulfield
Independent Director9.5yrsCA$42.00k1.07% CA$210.5k
John F. Thompson
Independent Director5.08yrsCA$30.00kno data
Paul van Eeden
Independent Chairman of the Board6.58yrsCA$48.00kno data

8.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 5EV's board of directors are considered experienced (8 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Evrim Resources Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evrim Resources Corp.
  • Ticker: 5EV
  • Exchange: DB
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$29.854m
  • Listing Market Cap: CA$19.690m
  • Shares outstanding: 85.30m
  • Website: https://www.evrimresources.com

Number of Employees


Location

  • Evrim Resources Corp.
  • 1201 -510 West Hastings Street
  • Vancouver
  • British Columbia
  • V6B 1L8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVMTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2011
5EVDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2011
EMRR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2011

Biography

Evrim Resources Corp. operates as a mineral exploration company in Canada, United States, and Mexico. It primarily explores for copper, gold, silver, molybdenum, and precious and base metal deposits. The company was formerly known as Avaranta Resources Ltd. and changed its name to Evrim Resources Corp. in December 2010. Evrim Resources Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 23:53
End of Day Share Price2020/05/29 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.