OTCPK:CNRI.F

Stock Analysis Report

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Executive Summary

Condor Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Peru.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.6%

CNRI.F

0.3%

US Metals and Mining

2.9%

US Market


1 Year Return

n/a

CNRI.F

9.4%

US Metals and Mining

9.5%

US Market

Return vs Industry: Insufficient data to determine how CNRI.F performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how CNRI.F performed against the US Market.


Shareholder returns

CNRI.FIndustryMarket
7 Day-0.6%0.3%2.9%
30 Day-7.6%5.3%5.1%
90 Day38.5%8.6%2.5%
1 Yearn/a12.1%9.4%12.0%9.5%
3 Year-54.0%-54.0%5.5%-1.3%30.8%22.1%
5 Year28.9%28.9%20.5%10.4%57.4%39.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: CNRI.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CNRI.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CNRI.F is overvalued based on its PB Ratio (4x) compared to the US Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

21.0%

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 Condor 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 Condor Resources performed over the past 5 years?

27.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNRI.F is currently unprofitable.

Growing Profit Margin: CNRI.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CNRI.F is unprofitable, but has reduced losses over the past 5 years at a rate of 27.9% per year.

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

Earnings vs Industry: CNRI.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).


Return on Equity

High ROE: CNRI.F has a negative Return on Equity (-3.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is Condor Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CNRI.F's short term assets (CA$336.4K) exceed its short term liabilities (CA$117.8K).

Long Term Liabilities: CNRI.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CNRI.F is debt free.

Reducing Debt: CNRI.F had no debt 5 years ago.


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

Forecast Cash Runway: CNRI.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CNRI.F'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 CNRI.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.9yrs

Average management tenure


CEO

Lyle Davis (62yo)

6.83yrs

Tenure

CA$84,000

Compensation

Mr. Lyle R. Davis, P.Eng. (Alberta), MBA, has been the Chief Executive Officer of Condor Resources Inc. since July 09, 2013 and has been its President since October 02, 2013. Mr. Davis serves as a Principa ...


CEO Compensation Analysis

Compensation vs Market: Lyle's total compensation ($USD60.98K) is below average for companies of similar size in the US market ($USD587.77K).

Compensation vs Earnings: Lyle's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Lyle Davis
President6.83yrsCA$84.00k1.4% CA$99.9k
Jonathan Younie
Chief Financial Officer5.33yrsCA$26.40kno data
Graham Scott
Corporate Secretary & Independent Director16.42yrsCA$10.11k5.75% CA$410.2k
Ever Amado
Vice President of Exploration12.92yrsCA$97.54k2.9% CA$206.8k

9.9yrs

Average Tenure

62yo

Average Age

Experienced Management: CNRI.F's management team is seasoned and experienced (9.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lyle Davis
President6.83yrsCA$84.00k1.4% CA$99.9k
Graham Scott
Corporate Secretary & Independent Director16.42yrsCA$10.11k5.75% CA$410.2k
Robert Boyd
Independent Director12yrsCA$6.40k0.70% CA$50.0k
Paul Larkin
Independent Director13.75yrsCA$6.40k0.78% CA$55.8k
David Moore
Member of Technical Advisory Board4.25yrsno datano data
Francisco F. de Undurraga
Independent Director6.17yrsCA$6.40k7.32% CA$522.6k
Veljko Brcic
Member of Technical Advisory Board4.25yrsno datano data
Matt Johnston
Member of Technical Advisory Board1.75yrsno datano data
Geoff Woad
Member of Technical Advisory Board1.17yrsno datano data

6.2yrs

Average Tenure

67yo

Average Age

Experienced Board: CNRI.F's board of directors are considered experienced (6.2 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.5%.


Top Shareholders

Company Information

Condor Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Condor Resources Inc.
  • Ticker: CNRI.F
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$9.830m
  • Listing Market Cap: CA$7.136m
  • Shares outstanding: 109.23m
  • Website: https://www.condorresources.com

Location

  • Condor Resources Inc.
  • 800 West Pender Street
  • Suite 520
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2006
KD4DB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2006
CNRI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2006

Biography

Condor Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Peru. It explores for gold, and other precious and base metals, as well as silver, copper, lead, and zinc deposits. The company’s portfolio includes various projects, such as Chavin, Soledad, Quriurqu, Huiñac Punta, Ocros, Pucamayo, Humaya, Andrea, San Martin, Lucero, and Quilisane. Condor Resources Inc. was incorporated in 2003 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 04:16
End of Day Share Price2020/05/27 00:00
Earnings2019/11/30
Annual Earnings2019/02/28


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.