OTCPK:DCNN.F

Stock Analysis Report

Executive Summary

21C Metals Inc., a mineral exploration company, engages in the acquisition and exploration of mineral assets in Europe.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has 21C Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

19.2%

DCNN.F

2.0%

US Metals and Mining

0.07%

US Market


1 Year Return

n/a

DCNN.F

-5.2%

US Metals and Mining

8.9%

US Market

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

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


Shareholder returns

DCNN.FIndustryMarket
7 Day19.2%2.0%0.07%
30 Day36.3%-2.2%-0.3%
90 Day-45.3%-6.9%-1.6%
1 Yearn/a-2.3%-5.2%11.3%8.9%
3 Yearn/a9.5%3.8%46.3%36.8%
5 Yearn/a-0.7%-8.3%62.1%44.3%

Price Volatility Vs. Market

How volatile is 21C Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is 21C Metals undervalued compared to its fair value and its price relative to the market?

3.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: DCNN.F is overvalued based on its PB Ratio (3.5x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is 21C Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.2%

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 21C 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 21C Metals performed over the past 5 years?

12.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DCNN.F is unprofitable, but has reduced losses over the past 5 years at a rate of 12.7% per year.

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

Earnings vs Industry: DCNN.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (26.8%).


Return on Equity

High ROE: DCNN.F has a negative Return on Equity (-405.69%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: DCNN.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: DCNN.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is 21C Metals's financial position?


Financial Position Analysis

Short Term Liabilities: DCNN.F's short term assets (CA$1.1M) exceeds its short term liabilities (CA$927.0K)

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


Debt to Equity History and Analysis

Debt Level: DCNN.F is debt free.

Reducing Debt: DCNN.F has no debt compared to 5 years ago when its debt to equity ratio was 729.3%.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if DCNN.F's debt is 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.

Stable Cash Runway: DCNN.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DCNN.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -107.2% each year


Next Steps

Dividend

What is 21C Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Next Steps

Management

What is the CEO of 21C Metals's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average board tenure


CEO

Wayne Tisdale (69yo)

4.3yrs

Tenure

CA$30,000

Compensation

Mr. Wayne Tisdale has been the Chief Executive Officer and President of 21C Metals Inc. (formerly known as Declan Resources Inc) since July 6, 2015. Mr. Tisdale has been the President of Scientific Metals  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Wayne's total compensation is reasonable compared to companies of similar size in the US market.

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


Board Age and Tenure

4.0yrs

Average Tenure

60yo

Average Age

Experienced Board: DCNN.F's board of directors are considered experienced (4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$74,49008 May 19
James Clark
EntityIndividual
Role
Member of the Board of Directors
Director
Shares555,555
Max PriceCA$0.13
BuyCA$37,17708 May 19
Galloway Financial Services, Inc.
EntityCompany
Shares277,777
Max PriceCA$0.13

Ownership Breakdown


Management Team

  • Wayne Tisdale (69yo)

    President

    • Tenure: 4.3yrs
    • Compensation: CA$30.00k
  • Edward Shallop

    Financial Controller of Sierra Leone

    • Tenure: 0yrs
  • Kelsey Chin

    CFO & Corporate Secretary

    • Tenure: 1.2yrs
    • Compensation: CA$102.00k

Board Members

  • Michelle Gahagan (60yo)

    Non Executive Chairman

    • Tenure: 4.3yrs
    • Compensation: CA$22.50k
  • Garry Clark (58yo)

    Director

    • Tenure: 1.2yrs
  • Wayne Tisdale (69yo)

    President

    • Tenure: 4.3yrs
    • Compensation: CA$30.00k
  • Bryce Tisdale

    Director

    • Tenure: 3.8yrs

Company Information

21C Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 21C Metals Inc.
  • Ticker: DCNN.F
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$5.890m
  • Listing Market Cap: CA$4.495m
  • Shares outstanding: 65.44m
  • Website: https://21cmetals.com

Location

  • 21C Metals Inc.
  • 1620 West 8th Avenue
  • Suite 302
  • Vancouver
  • British Columbia
  • V6J 1V4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LANCNSX (Canadian National Stock Exchange)COM NPVCACADNo data
DCR1DB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2010
BULLCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJan 2010
DCNN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2010

Biography

21C Metals Inc., a mineral exploration company, engages in the acquisition and exploration of mineral assets in Europe. It holds 100% interests in the Tisová/TGER copper-cobalt properties located in Europe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:48
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.