DB:D4M1

Stock Analysis Report

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Executive Summary

Sphinx Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: D4M1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

D4M1

-3.4%

DE Metals and Mining

-1.6%

DE Market


1 Year Return

-1.8%

D4M1

-18.8%

DE Metals and Mining

8.3%

DE Market

Return vs Industry: D4M1 exceeded the German Metals and Mining industry which returned -18.8% over the past year.

Return vs Market: D4M1 underperformed the German Market which returned 8.3% over the past year.


Shareholder returns

D4M1IndustryMarket
7 Day0%-3.4%-1.6%
30 Day10.0%4.0%0.2%
90 Day1000.0%19.6%12.8%
1 Year-1.8%-1.8%-18.2%-18.8%10.7%8.3%
3 Year-57.7%-57.7%-61.9%-63.1%3.8%-4.5%
5 Year10.0%10.0%-56.9%-59.1%9.6%-5.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Sphinx Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sphinx 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.


Next Steps

  • Take a look at our analysis of D4M1'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.
  • 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 Sphinx Resources regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

15.0%

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 Sphinx 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 Sphinx Resources performed over the past 5 years?

11.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: D4M1 is currently unprofitable.

Growing Profit Margin: D4M1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: D4M1 is unprofitable, but has reduced losses over the past 5 years at a rate of 11.2% per year.

Accelerating Growth: Unable to compare D4M1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: D4M1 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-0.2%).


Return on Equity

High ROE: D4M1's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Sphinx Resources's financial position?


Financial Position Analysis

Short Term Liabilities: D4M1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: D4M1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: D4M1 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: D4M1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: D4M1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: D4M1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.7% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate D4M1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate D4M1'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 D4M1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if D4M1'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 D4M1'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?

4.1yrs

Average management tenure


CEO

Jeremie Ryan

1.67yrs

Tenure

CA$107,135

Compensation

Mr. Jeremie Ryan is Chief Executive Officer, President and Director at Sphinx Resources Ltd since December 19, 2018 and was its Vice President of Corporate Development since November 2018 until December 19 ...


CEO Compensation Analysis

Compensation vs Market: Jeremie's total compensation ($USD80.21K) is below average for companies of similar size in the German market ($USD466.42K).

Compensation vs Earnings: Insufficient data to compare Jeremie's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Jeremie Ryan
President1.67yrsCA$107.14k2.82%
CA$ 57.7k
Ingrid Martin
CFO & Corporate Secretary6.33yrsCA$59.21k0.37%
CA$ 7.6k
David Johnson
Consultant4.08yrsCA$5.00kno data

4.1yrs

Average Tenure

Experienced Management: D4M1's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeremie Ryan
President1.67yrsCA$107.14k2.82%
CA$ 57.7k
Normand Champigny
Director7.83yrsCA$153.16k1.43%
CA$ 29.1k
Pierre-André Viens
Independent Director0.083yrno data0.019%
CA$ 381.6
François Biron
Director4.08yrsCA$16.00k0.19%
CA$ 3.9k
Lawrence Cannon
Independent Chairman1.08yrsno data0.26%
CA$ 5.3k
Jean Laforest
Independent Director1yrno data0.83%
CA$ 17.0k
Michel Lemieux
Independent Director1.08yrsno datano data

1.1yrs

Average Tenure

Experienced Board: D4M1's board of directors are not considered experienced ( 1.1 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: D4M1 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Sphinx Resources Ltd.
  • Ticker: D4M1
  • Exchange: DB
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.211m
  • Listing Market Cap: CA$2.043m
  • Shares outstanding: 128.46m
  • Website: https://www.sphinxresources.ca

Number of Employees


Location

  • Sphinx Resources Ltd.
  • 1000, De La Gauchetière West
  • Suite 2100
  • Montreal
  • Quebec
  • H3B 4W5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SFXTSXV (TSX Venture Exchange)YesCommon StockCACADAug 2005
D4M1DB (Deutsche Boerse AG)YesCommon StockDEEURAug 2005
DONF.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2005

Biography

Sphinx Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for zinc, copper, nickel, lead, palladium, platinum, gold, and silver d ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 22:03
End of Day Share Price2020/08/04 00:00
Earnings2020/05/31
Annual Earnings2020/02/29


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.