Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether PureBase is trading at an attractive price based on the cash flow it is expected to produce in the future. But as PureBase 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. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
PureBase. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
PureBase's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 PureBase 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare PureBase's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare PureBase's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare PureBase's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if PureBase is high growth as no earnings estimate data is available.
Unable to determine if PureBase is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
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 PureBase's filings and announcements here.
PureBase's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Arthur Scott Dockter has been the Chief Executive Officer and President of PureBase Corporation (formerly, Port Of Call Online Inc.) since September 24, 2014 and July 31, 2017 respectively. Mr. Dockter is the Founder of Durarock Resources, Inc. and has been its Chief Executive Officer since 2009. He served as President of PureBase Corporation since September 24, 2014 until March 24, 2016. He served as Chief Financial Officer and Secretary of PureBase Corporation since September 24, 2014. He served as the Chief Executive Officer and President at Steele Recording Corp. and Steele Resources Corporation from July 9, 2010 to June 9, 2012 and also served as its Consultant since June 17, 2010. He is an experienced and savvy industry veteran. Mr. Dockter has been self-employed in the business sector since 1978 and operates his business through ASD CORP. He has more than 30 years experience in large scale mining and excavation projects. Mr. Dockter has extensive experience in the public markets where he has interfaced with domestic and foreign institutional investors and raised more than $100 million in equity financing for a variety of companies in numerous industries. He served as the Chairman of Firstgold Corp. from December 2000 to June 2007, Chief Executive Officer from December 2000 to January 2008 and as its President until January 4, 2008. Mr. Dockter was Founder of Firstgold Corp. and served as its Chief Operating Officer since January 4, 2008. He served as President of Orion Resource and Exploration was Managing Partner for ASDI, LLC. He was Founder of Riverfront Development Corporation and served as its Chief Executive Officer. He served a Class A General Engineering and Contracting License for more than 20 years, operating his businesses in California, Nevada and Montana, specializing in earth moving, mining, pipeline projects, structures, dams, industrial parks and sub divisions. Mr. Dockter has directed his companies in large landfill operations, underground concrete structures projects, large excavations, reclamation projects and others, which include state and local municipal projects. Mr. Dockter worked on oil & gas projects and has spent 15 years in the mining industry. He has personally owned mines, operated mines, constructed mine infrastructures (physical, production and process) and produced precious metals. He served as the Chairman and Director of Steele Recording Corp. He served as the Chairman of Steele Resources Corporation from July 9, 2010 to June 28, 2012. He serves as the Chairman of PureBase Corporation and has been its Director since September 24, 2014. He serves as a Director of DuraRock. He served as a Director of Steele Resources Corporation from July 9, 2010 to June 28, 2012. He served as a Director of Firstgold Corp. from 1996 to January 4, 2008. He served as a Director of New Gold, Inc. He served as Director at US Mine Corp.
Arthur's compensation has increased whilst company is loss making.
Arthur's remuneration is lower than average for companies of similar size in United States of America.
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the PureBase board of directors is less than 3 years, this suggests a new board.
PureBase Corporation, an industrial mineral and natural resource company, provides solutions to the agriculture and construction materials markets. It operates through two divisions, Purebase Agricultural, Inc. and Purebase Build “SCM”. The company offers Purebase Shade Advantage WP, a natural mineral plant protectant that reduces sunburn damage to plant tissue exposed to UV and infrared radiation; Purebase Soil Advantage, an organic registered granular mineral used to enhance soil water holding capacity, beneficial microbial diversity, and plant nutritional uptake; Purebase Potassium Silicate Sulfate, a potassium silicate sulfate mineral deposit for crops, trees, vines, and turf applications; and Purebase Humate Advantage, a soluable iron leonardite with organic matter, carbon, and fulvic acid content. The company was formerly known as Port of Call Online, Inc. and changed its name to PureBase Corporation in January 2015. PureBase Corporation was incorporated in 2010 is headquartered in Ione, California.
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