Euromax Resources Ltd. engages in the exploration and development of mineral right interests in Macedonia.
Imperfect balance sheet and overvalued.
Share Price & News
How has Euromax Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OMZA's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: OMZA underperformed the German Metals and Mining industry which returned -28% over the past year.
Return vs Market: OMZA underperformed the German Market which returned 4.4% over the past year.
Price Volatility Vs. Market
How volatile is Euromax Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Euromax Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OMZA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OMZA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OMZA is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: OMZA 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 OMZA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OMZA is good value based on its PB Ratio (1.6x) compared to the DE Metals and Mining industry average (4.2x).
How is Euromax Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Euromax 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.
- Take a look at our analysis of OMZA’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.
- Euromax Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Euromax Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OMZA is currently unprofitable.
Growing Profit Margin: OMZA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OMZA is unprofitable, but has reduced losses over the past 5 years at a rate of 17.9% per year.
Accelerating Growth: Unable to compare OMZA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OMZA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-0.7%).
Return on Equity
High ROE: OMZA has a negative Return on Equity (-78.68%), as it is currently unprofitable.
How is Euromax Resources's financial position?
Financial Position Analysis
Short Term Liabilities: OMZA's short term assets (CA$6.6M) do not cover its short term liabilities (CA$38.4M).
Long Term Liabilities: OMZA's short term assets (CA$6.6M) exceed its long term liabilities (CA$118.0K).
Debt to Equity History and Analysis
Debt Level: OMZA's debt to equity ratio (254%) is considered high.
Reducing Debt: OMZA's debt to equity ratio has increased from 1.1% to 254% over the past 5 years.
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: OMZA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OMZA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Euromax Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OMZA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OMZA'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 OMZA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OMZA'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 OMZA's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Varshan Baboolal Gokool has been Chief Financial Officer and Executive Director of Euromax Resources Ltd. since May 22, 2012. Mr. Gokool served as Treasurer and Vice President of Eldorado Gold (BC) Cor ...
CEO Compensation Analysis
Compensation vs Market: Varshan's total compensation ($USD210.55K) is below average for companies of similar size in the German market ($USD417.41K).
Compensation vs Earnings: Varshan's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||2.58yrs||CA$107.44k||no data|
|Chief Operating Officer||7.58yrs||CA$284.70k||0.27% CA$23.1k|
|Vice President of Project & Construction Manager||4.83yrs||CA$336.09k||no data|
|Communications Manager||no data||no data||no data|
|Executive Director||1.17yrs||no data||no data|
Experienced Management: OMZA's management team is considered experienced (2.6 years average tenure).
|Executive Director||1.17yrs||no data||no data|
|Member of Technical Advisory Board||9.58yrs||no data||no data|
|Independent Non-Executive Director||8.08yrs||CA$242.92k||0.94% CA$81.4k|
|Independent Non-Executive Chairman||1.58yrs||CA$81.02k||0.33% CA$29.0k|
|Member of the Advisory Board||11.83yrs||no data||no data|
|Independent Non-Executive Director||2yrs||CA$17.00k||no data|
|Non-Executive Director||1yr||no data||no data|
Experienced Board: OMZA's board of directors are considered experienced (5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Euromax Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Euromax Resources Ltd.
- Ticker: OMZA
- Exchange: DB
- Founded: 1990
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$13.277m
- Listing Market Cap: CA$8.668m
- Shares outstanding: 331.93m
- Website: https://www.euromaxresources.com
Number of Employees
- Euromax Resources Ltd.
- Boulevard Partizanski
- Odredi No 14
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EOX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1991|
|OMZA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1991|
|EOXF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1991|
Euromax Resources Ltd. engages in the exploration and development of mineral right interests in Macedonia. The company primarily explores for copper and gold deposits. Its flagship project is its 100% owned Ilovica-Shtuka gold-copper project located in South East Macedonia. The company was formerly known as Omax Resources Ltd. and changed its name to Euromax Resources Ltd. in 2004. Euromax Resources Ltd. was founded in 1990 and is based in Skopje, Macedonia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 20:40|
|End of Day Share Price||2020/06/05 00:00|
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.