OTCPK:CNOB.F

Stock Analysis Report

Executive Summary

Canadian Orebodies Inc. engages in the exploration and development of mineral properties in Canada.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

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

Share Price & News

How has Canadian Orebodies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-27.8%

OTCPK:CNOB.F

-3.8%

US Metals and Mining

-1.0%

US Market


1 Year Return

n/a

OTCPK:CNOB.F

-15.5%

US Metals and Mining

-0.4%

US Market

No trading data on CNOB.F.

No trading data on CNOB.F.


Share holder returns

CNOB.FIndustryMarket
7 Day-27.8%-3.8%-1.0%
30 Day-27.8%-9.8%-3.3%
90 Day-27.8%0.5%0.8%
1 Yearn/a-13.0%-15.5%1.9%-0.4%
3 Yearn/a-2.9%-7.8%39.4%30.4%
5 Year-56.7%-56.7%-17.8%-24.0%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

7.14x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Canadian Orebodies to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Canadian Orebodies to establish if it is available at substantial discount.


Price Based on Earnings

Canadian Orebodies is loss making, we can't compare its value to the US Metals and Mining industry average.

Canadian Orebodies is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Canadian Orebodies is overvalued based on assets compared to the US Metals and Mining industry average.


Next Steps

Future Growth

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

23.3%

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 Canadian Orebodies 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 Canadian Orebodies performed over the past 5 years?

-28.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Canadian Orebodies's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.


Return on Equity

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


Return on Capital Employed

It is difficult to establish if Canadian Orebodies 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 Canadian Orebodies's financial position?


Financial Position Analysis

Canadian Orebodies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Canadian Orebodies has no long term commitments.


Debt to Equity History and Analysis

Canadian Orebodies has no debt.

Canadian Orebodies has no debt compared to 5 years ago when it was 1.4%.


Balance Sheet

Low level of unsold assets.

Canadian Orebodies 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.

Canadian Orebodies has less than a year of cash runway based on current free cash flow.

Canadian Orebodies has less than a year of cash runway if free cash flow continues to grow at historical rates of 47.7% each year.


Next Steps

Dividend

What is Canadian Orebodies's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Canadian Orebodies has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Canadian Orebodies 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 Canadian Orebodies's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average board tenure


CEO

Fraser Laschinger 0

0.0yrs

Tenure

CA$175,425

Compensation

Mr. Fraser Laschinger serves as the Chief Financial Officer of Mineral Streams Inc. Mr. Laschinger has been the Chief Financial Officer and Company Secretary of Canadian Orebodies Inc. since March 01, 2013 ...


CEO Compensation Analysis

Fraser's remuneration is lower than average for companies of similar size in United States of America.

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


Board Age and Tenure

3.2yrs

Average Tenure

67yo

Average Age

The tenure for the Canadian Orebodies board of directors is about average.


Insider Trading

More shares have been bought than sold by Canadian Orebodies individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$8,53715 Aug 19
Northfield Capital Corporation
EntityCompany
Shares50,000
Max PriceCA$0.17
BuyCA$5,32929 Jul 19
Northfield Capital Corporation
EntityCompany
Shares35,000
Max PriceCA$0.15
BuyCA$1,95526 Jul 19
Gordon Scott McKinnon
EntityIndividual
Shares12,000
Max PriceCA$0.16
BuyCA$67105 Jul 19
Gordon Scott McKinnon
EntityIndividual
Shares4,000
Max PriceCA$0.17
BuyCA$69902 Jul 19
Gordon Scott McKinnon
EntityIndividual
Shares4,000
Max PriceCA$0.17
BuyCA$3,04719 Jun 19
Gordon Scott McKinnon
EntityIndividual
Shares16,500
Max PriceCA$0.20
BuyCA$3,68502 May 19
Northfield Capital Corporation
EntityCompany
Shares16,000
Max PriceCA$0.23
BuyCA$4,82701 May 19
Northfield Capital Corporation
EntityCompany
Shares21,000
Max PriceCA$0.23
BuyCA$11625 Apr 19
Northfield Capital Corporation
EntityCompany
Shares500
Max PriceCA$0.23
BuyCA$12,40124 Apr 19
Northfield Capital Corporation
EntityCompany
Shares53,500
Max PriceCA$0.23
BuyCA$10,81517 Apr 19
Northfield Capital Corporation
EntityCompany
Shares46,500
Max PriceCA$0.23
BuyCA$14,53915 Apr 19
Northfield Capital Corporation
EntityCompany
Shares62,500
Max PriceCA$0.23
BuyCA$22,82504 Apr 19
Northfield Capital Corporation
EntityCompany
Shares93,000
Max PriceCA$0.25
BuyCA$1,30902 Apr 19
Northfield Capital Corporation
EntityCompany
Shares5,500
Max PriceCA$0.24
BuyCA$1,23626 Feb 19
Gordon Scott McKinnon
EntityIndividual
Shares4,402
Max PriceCA$0.28
BuyCA$1,05504 Feb 19
Gordon Scott McKinnon
EntityIndividual
Shares5,000
Max PriceCA$0.21
SellCA$1,28215 Jan 19
Fraser Laschinger
EntityIndividual
Role
Chief Executive Officer
Interim President
Shares5,000
Max PriceCA$0.26
BuyCA$2,43621 Dec 18
Northfield Capital Corporation
EntityCompany
Shares15,000
Max PriceCA$0.16
BuyCA$1,64718 Dec 18
Northfield Capital Corporation
EntityCompany
Shares10,000
Max PriceCA$0.16
BuyCA$90613 Dec 18
Gordon Scott McKinnon
EntityIndividual
Shares5,000
Max PriceCA$0.18
BuyCA$7,20026 Nov 18
Northfield Capital Corporation
EntityCompany
Shares59,500
Max PriceCA$0.12
BuyCA$1,08007 Sep 18
Gordon Scott McKinnon
EntityIndividual
Shares6,000
Max PriceCA$0.18
BuyCA$6,98804 Sep 18
Northfield Capital Corporation
EntityCompany
Shares45,000
Max PriceCA$0.16

Ownership Breakdown


Management Team

  • Fraser Laschinger

    Interim President

    • Tenure: 0.0yrs
    • Compensation: CA$175.43k

Board Members

  • John Harvey (83yo)

    Interim Chairman of the Board

    • Tenure: 0.0yrs
  • Jim Gowans (67yo)

    Member of Advisory Committee

    • Tenure: 0.0yrs
  • Mac Watson (83yo)

    Member of Advisory Committee

    • Tenure: 2.3yrs
  • Chris Hodgson (57yo)

    Director

    • Tenure: 11.6yrs
  • Gordon Cyr

    Director

    • Tenure: 11.6yrs
  • Bob Middleton

    Member of Advisory Committee

    • Tenure: 2.3yrs
  • Michael Leskovec (39yo)

    Director

    • Tenure: 3.2yrs

Company Information

Canadian Orebodies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canadian Orebodies Inc.
  • Ticker: CNOB.F
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$10.241m
  • Listing Market Cap: CA$7.706m
  • Shares outstanding: 53.90m
  • Website: https://www.canadianorebodies.com

Location

  • Canadian Orebodies Inc.
  • 141 Adelaide Street West
  • Suite 301
  • Toronto
  • Ontario
  • M5H 3L5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CORETSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2008
CNOB.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2008

Biography

Canadian Orebodies Inc. engages in the exploration and development of mineral properties in Canada. It explores for iron, gold, zinc, and other deposits. The company holds a 100% interests in the Hemlo Nor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:29
End of Day Share Price2019/08/15 00:00
Earnings2019/04/30
Annual Earnings2019/01/31


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.