DB:U9U

Stock Analysis Report

Ucore Rare Metals

Executive Summary

Ucore Rare Metals Inc. engages in the exploration and separation of rare earth elements in Canada and the United States.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Ucore Rare Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: U9U's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-20.0%

U9U

-6.7%

DE Metals and Mining

-9.1%

DE Market


1 Year Return

61.3%

U9U

-26.8%

DE Metals and Mining

2.9%

DE Market

Return vs Industry: U9U exceeded the German Metals and Mining industry which returned -26.8% over the past year.

Return vs Market: U9U exceeded the German Market which returned 2.9% over the past year.


Shareholder returns

U9UIndustryMarket
7 Day-20.0%-6.7%-9.1%
30 Day-13.0%-16.9%-7.2%
90 Day66.7%-13.8%-6.5%
1 Year61.3%61.3%-25.7%-26.8%6.1%2.9%
3 Year-57.3%-57.3%-51.7%-53.3%3.5%-5.6%
5 Year-58.3%-58.3%-49.3%-52.1%8.0%-6.8%

Price Volatility Vs. Market

How volatile is Ucore Rare Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ucore Rare Metals undervalued compared to its fair value and its price relative to the market?

1.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate U9U's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate U9U's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: U9U is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: U9U 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 U9U's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: U9U is good value based on its PB Ratio (1.1x) compared to the DE Metals and Mining industry average (3.9x).


Next Steps

Future Growth

How is Ucore Rare Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.9%

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 Ucore Rare Metals 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 Ucore Rare Metals performed over the past 5 years?

-1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: U9U is currently unprofitable.

Growing Profit Margin: U9U is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: U9U is unprofitable, and losses have increased over the past 5 years at a rate of -1.6% per year.

Accelerating Growth: Unable to compare U9U's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: U9U is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9.2%).


Return on Equity

High ROE: U9U has a negative Return on Equity (-9.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ucore Rare Metals's financial position?


Financial Position Analysis

Short Term Liabilities: U9U's short term assets (CA$581.9K) do not cover its short term liabilities (CA$752.0K).

Long Term Liabilities: U9U's short term assets (CA$581.9K) do not cover its long term liabilities (CA$4.7M).


Debt to Equity History and Analysis

Debt Level: U9U's debt to equity ratio (9.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if U9U's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: U9U has a high level of physical assets or inventory.

Debt Coverage by Assets: U9U's debt is not covered by short term assets (assets are 0.1x debt).


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: U9U has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: U9U has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.1% each year.


Next Steps

Dividend

What is Ucore Rare Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate U9U's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate U9U's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if U9U's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if U9U'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 U9U'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?

7.9yrs

Average management tenure


CEO

Jim McKenzie 0

13.1yrs

Tenure

CA$450,000

Compensation

Mr. James Stephen McKenzie, also known as Jim has been the Chief Executive Officer and President of Ucore Rare Metals Inc. since January 3, 2007. Mr. McKenzie served as the Chief Operating Officer of Ucore ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD336.78K) is about average for companies of similar size in the German market ($USD419.45K).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James McKenzie
President13.1yrsCA$450.00k1.96% CA$781.7k
Peter Manuel
VP, CFO & Corporate Secretary10.4yrsCA$235.00k0.14% CA$54.5k
Michael Schrider
Chief Operating Officer2yrsCA$203.46kno data
Randy MacGillivray
VP of Project Development and Environmental & Community Relations Director7.9yrsCA$160.00kno data
Jos De Smedt
Consultant3.3yrsCA$56.17kno data

7.9yrs

Average Tenure

Experienced Management: U9U's management team is seasoned and experienced (7.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James McKenzie
President13.1yrsCA$450.00k1.96% CA$781.7k
Jean-Marie Lehn
Member of Advisory Board4.3yrsno datano data
Jaroslav Dostal
Independent Director12.4yrsCA$30.00k0.0099% CA$3.9k
Jack Lifton
Member of Advisory Board3.8yrsno datano data
Geoff Clarke
Director6.3yrsCA$124.23kno data
Steven Meister
Independent Director3.3yrsCA$28.00k0.045% CA$18.1k
Randy Johnson
Member of Advisory Board6yrsno datano data
Patrick Ryan
Independent Chairman of the Board3.3yrsCA$75.00k0.034% CA$13.4k
Frank Högel
Member of Advisory Board3.8yrsno datano data
Steven Izatt
Member of Advisory Board4.7yrsno datano data

4.5yrs

Average Tenure

78yo

Average Age

Experienced Board: U9U's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: U9U insiders have only sold shares 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

Ucore Rare Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ucore Rare Metals Inc.
  • Ticker: U9U
  • Exchange: DB
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$58.419m
  • Listing Market Cap: CA$39.833m
  • Shares outstanding: 365.12m
  • Website: https://www.ucore.com

Location

  • Ucore Rare Metals Inc.
  • 210 Waterfront Drive
  • Suite 106
  • Halifax
  • Nova Scotia
  • B4A 0H3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UCUTSXV (TSX Venture Exchange)YesCommon Voting SharesCACADSep 2006
U9UDB (Deutsche Boerse AG)YesCommon Voting SharesDEEURSep 2006
UURA.FOTCPK (Pink Sheets LLC)YesCommon Voting SharesUSUSDSep 2006

Biography

Ucore Rare Metals Inc. engages in the exploration and separation of rare earth elements in Canada and the United States. It primarily holds a 100% interest in the Bokan Mountain/Dotson Ridge property located on Prince of Wales Island, Alaska. The company was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. is headquartered in Halifax, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 21:31
End of Day Share Price2020/02/27 00:00
Earnings2019/09/30
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.