OTCPK:OCPF.F

Stock Analysis Report

Executive Summary

Dunnedin Ventures Inc. engages in the exploration and development of base metals and diamonds in the Americas.

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap ($12M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Dunnedin Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

OCPF.F

-2.2%

US Metals and Mining

0.06%

US Market


1 Year Return

2.2%

OCPF.F

-3.8%

US Metals and Mining

19.4%

US Market

Return vs Industry: OCPF.F exceeded the US Metals and Mining industry which returned -3.8% over the past year.

Return vs Market: OCPF.F underperformed the US Market which returned 19.4% over the past year.


Shareholder returns

OCPF.FIndustryMarket
7 Day0%-2.2%0.06%
30 Day-21.4%-7.2%1.1%
90 Day-8.3%-0.5%8.9%
1 Year2.2%2.2%-1.3%-3.8%21.9%19.4%
3 Year-79.7%-79.7%-5.4%-10.5%48.9%39.3%
5 Yearn/a17.8%8.7%71.9%53.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Dunnedin Ventures undervalued compared to its fair value and its price relative to the market?

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OCPF.F is good value based on its PB Ratio (1.1x) compared to the US Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

12.1%

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 Dunnedin Ventures 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 Dunnedin Ventures performed over the past 5 years?

43.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OCPF.F is currently unprofitable.

Growing Profit Margin: OCPF.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OCPF.F is unprofitable, but has reduced losses over the past 5 years at a rate of 43.7% per year.

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

Earnings vs Industry: OCPF.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.9%).


Return on Equity

High ROE: OCPF.F has a negative Return on Equity (-14.38%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Dunnedin Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: OCPF.F's short term assets (CA$1.1M) exceed its short term liabilities (CA$687.5K).

Long Term Liabilities: OCPF.F's short term assets (CA$1.1M) exceed its long term liabilities (CA$567.5K).


Debt to Equity History and Analysis

Debt Level: OCPF.F is debt free.

Reducing Debt: OCPF.F has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if OCPF.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: OCPF.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OCPF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -32.9% each year


Next Steps

Dividend

What is Dunnedin Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.3yrs

Average management tenure


CEO

Claudia Tornquist (50yo)

0.8yrs

Tenure

CA$278,574

Compensation

Mrs. Claudia Tornquist, M. Mech. Eng., MBA, has been an Advisor at BRS Ventures Ltd. since August 2016. Mrs. Tornquist serves as Chief Executive Officer at Dunnedin Ventures Inc. since April 2019 and serve ...


CEO Compensation Analysis

Compensation vs Market: Claudia's total compensation ($USD210.09K) is below average for companies of similar size in the US market ($USD519.76K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Claudia Tornquist
CEO, President & Director0.8yrsCA$278.57k1.09% CA$94.7k
Antonio Ricci
CFO & Director9.2yrsCA$175.03k0.66% CA$57.0k
Andrew Berry
Vice President of Operations2.3yrsno data0.049% CA$4.2k
Knox Henderson
Investor Relations0yrsno datano data
Jeff Ward
Vice President of Exploration2.3yrsno data0.043% CA$3.8k

2.3yrs

Average Tenure

Experienced Management: OCPF.F's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Claudia Tornquist
CEO, President & Director0.8yrsCA$278.57k1.09% CA$94.7k
Antonio Ricci
CFO & Director9.2yrsCA$175.03k0.66% CA$57.0k
Charles Fipke
Technical Advisor0yrsno data8.26% CA$716.6k
Steven Krause
Lead Independent Director0.8yrsno data0.15% CA$13.2k
Gary David Schellenberg
Independent Director5.2yrsCA$17.55k0.11% CA$9.3k
Chad Ulansky
Director3.6yrsCA$54.99k0.016% CA$1.4k
Tom McCandless
Technical Advisor0yrsno datano data
Christopher Neil Taylor
Chairman0.8yrsCA$244.53k0.80% CA$69.0k

3.6yrs

Average Tenure

50yo

Average Age

Experienced Board: OCPF.F's board of directors are considered experienced (3.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: OCPF.F 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 26.8%.


Top Shareholders

Company Information

Dunnedin Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dunnedin Ventures Inc.
  • Ticker: OCPF.F
  • Exchange: OTCPK
  • Founded: 1987
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$11.502m
  • Listing Market Cap: CA$8.674m
  • Shares outstanding: 153.36m
  • Website: https://www.dunnedinventures.com

Location

  • Dunnedin Ventures Inc.
  • 800 West Pender Street
  • Suite 1020
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DVITSXV (TSX Venture Exchange)YesCommon SharesCACADJul 1990
OCPF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1990
5DDDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1990

Biography

Dunnedin Ventures Inc. engages in the exploration and development of base metals and diamonds in the Americas. The company also explores for gold, silver, and copper resources. It holds a 100% interest in the MPD Copper-Gold Porphyry project covering an area of 7,850 hectares located in south-central British Columbia; and a 100% interest in the Mohave copper-molybdenum-silver porphyry project covering an area of 10.4 square kilometers located in Mohave County, Arizona, the United States. The company also holds a 100% interest in the Trapper Copper-Gold Porphyry project with 3,756 hectares area located in the northern Golden Triangle region of British Columbia. In addition, it holds a 100% interest in the Kahuna diamond project located in Nunavut, Canada. The company was formerly known as Ocean Park Ventures Corp. and changed its name to Dunnedin Ventures Inc. in August 2013. Dunnedin Ventures Inc. was incorporated in 1987 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 Analysis2020/02/19 02:20
End of Day Share Price2020/02/10 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.