OTCPK:CPNF.F

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Euro Sun Mining Inc. engages in the exploration and development of mineral properties in Romania.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Euro Sun Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

25.7%

CPNF.F

3.0%

US Metals and Mining

4.0%

US Market


1 Year Return

-22.4%

CPNF.F

1.6%

US Metals and Mining

5.0%

US Market

Return vs Industry: CPNF.F underperformed the US Metals and Mining industry which returned 1.6% over the past year.

Return vs Market: CPNF.F underperformed the US Market which returned 5% over the past year.


Shareholder returns

CPNF.FIndustryMarket
7 Day25.7%3.0%4.0%
30 Day7.4%2.5%0.9%
90 Day79.3%37.8%29.5%
1 Year-22.4%-22.4%4.1%1.6%7.2%5.0%
3 Year-68.8%-68.8%10.3%3.2%36.2%27.3%
5 Year21.4%21.4%42.5%30.2%65.4%47.0%

Price Volatility Vs. Market

How volatile is Euro Sun Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Euro Sun Mining undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Euro Sun Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Euro Sun Mining has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CPNF.F’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.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Euro Sun Mining regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Euro Sun Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.9%

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 Euro Sun Mining 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 CPNF.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Euro Sun Mining's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Euro Sun Mining performed over the past 5 years?

-26.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CPNF.F is currently unprofitable.

Growing Profit Margin: CPNF.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CPNF.F is unprofitable, and losses have increased over the past 5 years at a rate of -26.8% per year.

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

Earnings vs Industry: CPNF.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.3%).


Return on Equity

High ROE: CPNF.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Euro Sun Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CPNF.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CPNF.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CPNF.F is debt free.

Reducing Debt: CPNF.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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

Forecast Cash Runway: CPNF.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 52.5% each year.


Next Steps

Dividend

What is Euro Sun Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

Growing Dividend: Insufficient data to determine if CPNF.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 CPNF.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?

4.0yrs

Average management tenure


CEO

Geoffrey Moore (55yo)

4.17yrs

Tenure

US$806,500

Compensation

Mr. Geoffrey Scott Moore, MBA, has been Executive Chairman at QuestCap Inc. since April 2020. Mr. Moore was the Co-Chairman of QuestCap Inc. from March 2020 until April 2020. Mr. Moore served as Director o ...


CEO Compensation Analysis

Compensation vs Market: Geoffrey's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD605.69K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Geoffrey Moore
CEO, President & Director4.17yrsUS$806.50k0.061% $27.6k
Paul Bozoki
Chief Financial Officer4.08yrsUS$143.25kno data
Brad Humphrey
Vice President of Corporate Development3.83yrsUS$297.50k0.047% $21.5k
Randall Ruff
Executive Vice Present of Exploration12.42yrsUS$175.00k0.057% $25.8k
Samuel Rasmussen
Chief Operating Officer0.50yrno datano data
Joseph Milbourne
Technical Service Managerno datano datano data
Elizabeth Doddridge
Vice President of Investor Relations & Corporate Communications.2.42yrsno datano data
Les Kwasik
Senior Vice President of Romanian Operationsno datano datano data

4.0yrs

Average Tenure

Experienced Management: CPNF.F's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Geoffrey Moore
CEO, President & Director4.17yrsUS$806.50k0.061% $27.6k
David Danziger
Independent Director9.83yrsno data0.022% $10.1k
James Rogers
Member of Advisory Board2.92yrsno datano data
Raymond Humphrey
Independent Director0.67yrno datano data
Eva Bellissimo
Independent Director1.25yrsno datano data
Daniel Callow
Independent Director0.75yrno datano data

2.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: CPNF.F's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 132.9%.


Top Shareholders

Company Information

Euro Sun Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Euro Sun Mining Inc.
  • Ticker: CPNF.F
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$61.729m
  • Listing Market Cap: CA$45.479m
  • Shares outstanding: 169.12m
  • Website: https://www.eurosunmining.com

Number of Employees


Location

  • Euro Sun Mining Inc.
  • 65 Queen Street West
  • Suite 800
  • Toronto
  • Ontario
  • M5H 2M5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OL1DB (Deutsche Boerse AG)COM NPVDEEURNo data
ESMTSX (The Toronto Stock Exchange)YesCommon SharesCACADMay 2003
OL11DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2003
CPNF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2003

Biography

Euro Sun Mining Inc. engages in the exploration and development of mineral properties in Romania. The company explores for gold and copper deposits. It primarily holds a 100% interest in the Rovina Valley project that covers an area of 27.68 square kilometers located in west-central Romania. The company was formerly known as Carpathian Gold Inc. and changed its name to Euro Sun Mining Inc. in August 2016. Euro Sun Mining Inc. was incorporated in 2003 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 01:22
End of Day Share Price2020/07/02 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.