DB:EE1

Stock Analysis Report

Equitorial Exploration

Executive Summary

Equitorial Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Risks

  • Equitorial Exploration has significant price volatility in the past 3 months.
  • Equitorial Exploration is not covered by any analysts.

Share Price & News

How has Equitorial Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-10.6%

DB:EE1

-2.7%

DE Metals and Mining

-0.7%

DE Market


1 Year Return

-13.3%

DB:EE1

-48.8%

DE Metals and Mining

-10.8%

DE Market

EE1 outperformed the Metals and Mining industry which returned -48.8% over the past year.

EE1 underperformed the Market in Germany which returned -10.8% over the past year.


Share holder returns

EE1IndustryMarket
7 Day-10.6%-2.7%-0.7%
30 Day-0.7%-12.5%-3.9%
90 Day43.0%-22.3%-4.3%
1 Year-13.3%-13.3%-48.0%-48.8%-8.0%-10.8%
3 Year-13.3%-13.3%-45.4%-47.2%9.8%0.3%
5 Yearn/a-43.0%-46.0%24.0%6.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Equitorial Exploration undervalued based on future cash flows and its price relative to the stock market?

8.6x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Equitorial Exploration to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Equitorial Exploration to establish if it is available at substantial discount.


Price Based on Earnings

Equitorial Exploration is loss making, we can't compare its value to the Europe Metals and Mining industry average.

Equitorial Exploration is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Equitorial Exploration, we can't assess if its growth is good value.


Price Based on Value of Assets

Equitorial Exploration is overvalued based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

How is Equitorial Exploration expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

62.8%

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 Equitorial Exploration 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

  • Take a look at our analysis of EE1’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.
  • Equitorial Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Equitorial Exploration performed over the past 5 years?

-8.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Equitorial Exploration does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Equitorial Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Equitorial Exploration's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Equitorial Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Equitorial Exploration has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Equitorial Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Equitorial Exploration's financial position?


Financial Position Analysis

Equitorial Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Equitorial Exploration has no long term commitments.


Debt to Equity History and Analysis

Equitorial Exploration has no debt.

Equitorial Exploration has no debt compared to 5 years ago when it was 32.5%.


Balance Sheet

High level of physical assets or inventory.

Equitorial Exploration has no debt, it does not need to be covered by short term assets.


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.

Equitorial Exploration has less than a year of cash runway based on current free cash flow.

Equitorial Exploration has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.9% each year.


Next Steps

Dividend

What is Equitorial Exploration's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Equitorial Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Equitorial Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Equitorial Exploration has not reported any payouts.

Unable to verify if Equitorial Exploration's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Equitorial Exploration 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.


Next Steps

Management

What is the CEO of Equitorial Exploration's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average board tenure


CEO

Pat Power (56yo)

0.8yrs

Tenure

CA$8,000

Compensation

Mr. Patrick Edward Power, also known as Pat, is Founder of Western Potash Corp. Mr. Power has been Chief Executive Officer of Equitorial Exploration Corp. since November 23, 2018 and also serves as its Dir ...


CEO Compensation Analysis

Pat's remuneration is lower than average for companies of similar size in Germany.

Pat's compensation has increased whilst company is loss making.


Board Age and Tenure

3.7yrs

Average Tenure

57yo

Average Age

The tenure for the Equitorial Exploration board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCA$32509 Mar 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares14,000
Max PriceCA$0.023
SellCA$1,51821 Feb 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares76,000
Max PriceCA$0.02
SellCA$4,31308 Feb 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares250,000
Max PriceCA$0.02
BuyCA$7901 Feb 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares4,000
Max PriceCA$0.02
BuyCA$2,30731 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares100,000
Max PriceCA$0.023
BuyCA$5,69228 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares246,000
Max PriceCA$0.023
SellCA$3,94223 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares200,000
Max PriceCA$0.02
SellCA$4,64521 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares200,000
Max PriceCA$0.023
BuyCA$3,35311 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares128,000
Max PriceCA$0.026
BuyCA$1,47104 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares50,000
Max PriceCA$0.029
BuyCA$6,00802 Jan 19
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares222,000
Max PriceCA$0.029
SellCA$3,87022 Dec 18
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares182,000
Max PriceCA$0.023
BuyCA$74118 Dec 18
Patrick Power
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares32,000
Max PriceCA$0.023
SellCA$10,04808 Nov 18
Jatinder Bal
EntityIndividual
Shares500,000
Max PriceCA$0.02
SellCA$8,00823 Oct 18
Jatinder Bal
EntityIndividual
Shares400,000
Max PriceCA$0.02

Ownership Breakdown


Management Team

  • Pat Power (56yo)

    CEO & Director

    • Tenure: 0.8yrs
    • Compensation: CA$8.00k
  • Binny Jassal (58yo)

    CFO, Corporate Secretary & Director

    • Tenure: 3.8yrs
    • Compensation: CA$48.00k

Board Members

  • Pat Power (56yo)

    CEO & Director

    • Tenure: 0.8yrs
    • Compensation: CA$8.00k
  • Buddy Doyle (57yo)

    Director

    • Tenure: 2.9yrs
  • Binny Jassal (58yo)

    CFO, Corporate Secretary & Director

    • Tenure: 3.8yrs
    • Compensation: CA$48.00k
  • Saf Dhillon

    Director

    • Tenure: 3.7yrs

Company Information

Equitorial Exploration Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Equitorial Exploration Corp.
  • Ticker: EE1
  • Exchange: DB
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.643m
  • Listing Market Cap: CA$3.152m
  • Shares outstanding: 92.85m
  • Website: https://equitorialexploration.com

Location

  • Equitorial Exploration Corp.
  • 1111 West Georgia Street
  • Suite 1400
  • Vancouver
  • British Columbia
  • V6E 4M3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXXTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2011
EQTX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2011
EE1DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2011

Biography

Equitorial Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It owns 100% interests in the Little Nahanni Pegmatite property covering  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 21:47
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
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.