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Cadence Minerals

OTCPK:RARM.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RARM.F
OTCPK
£12M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Cadence Minerals Plc identifies, invests in, and develops lithium and rare earth assets. The last earnings update was 54 days ago. More info.


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RARM.F Share Price and Events
7 Day Returns
0%
OTCPK:RARM.F
2.1%
US Metals and Mining
-1.2%
US Market
1 Year Returns
-
OTCPK:RARM.F
-13.8%
US Metals and Mining
3.3%
US Market
RARM.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cadence Minerals (RARM.F) 0% - - - -87.5% -
US Metals and Mining 2.1% 3% 1.9% -13.8% 6.4% -16.5%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • No trading data on RARM.F.
  • No trading data on RARM.F.
Price Volatility
RARM.F
Industry
5yr Volatility vs Market

Value

 Is Cadence Minerals undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Cadence Minerals. This is due to cash flow or dividend data being unavailable. The share price is $0.001.
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 Cadence Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cadence Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:RARM.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.00
AIM:KDNC Share Price ** AIM (2019-07-16) in GBP £0
United States of America Metals and Mining Industry PE Ratio Median Figure of 45 Publicly-Listed Metals and Mining Companies 10x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cadence Minerals.

OTCPK:RARM.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:KDNC Share Price ÷ EPS (both in GBP)

= 0 ÷ 0.00

-0.73x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cadence Minerals is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Cadence Minerals is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Cadence Minerals's expected growth come at a high price?
Raw Data
OTCPK:RARM.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.73x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.67x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Cadence Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cadence Minerals's assets?
Raw Data
OTCPK:RARM.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.00
AIM:KDNC Share Price * AIM (2019-07-16) in GBP £0
United States of America Metals and Mining Industry PB Ratio Median Figure of 106 Publicly-Listed Metals and Mining Companies 1.42x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
OTCPK:RARM.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:KDNC Share Price ÷ Book Value per Share (both in GBP)

= 0 ÷ 0.00

0.6x

* Primary Listing of Cadence Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cadence Minerals is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Cadence Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Cadence Minerals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cadence Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Cadence Minerals 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 growth 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 it right!
Annual Growth Rate
22.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cadence Minerals expected to grow at an attractive rate?
  • Unable to compare Cadence Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cadence Minerals's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Cadence Minerals's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:RARM.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 22.3%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:RARM.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:RARM.F Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:RARM.F Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -12
2018-09-30 0 -1 -8
2018-06-30 0 -1 -4
2018-03-31 0 -2 -2
2017-12-31 0 -2 1
2017-09-30 0 -2 -2
2017-06-30 0 -2 -5
2017-03-31 0 -2 -2
2016-12-31 0 -2 1
2016-09-30 0 -2 4
2016-06-30 0 -1 7
2016-03-31 0 -1 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cadence Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Cadence Minerals 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.
Raw Data
OTCPK:RARM.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Cadence Minerals Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RARM.F Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:RARM.F Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cadence Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Cadence Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Cadence Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. 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 Cadence Minerals's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Cadence Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cadence Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cadence Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cadence Minerals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cadence Minerals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Cadence Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cadence Minerals's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Cadence Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cadence Minerals Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RARM.F Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.14 -11.77 1.57
2018-09-30 0.14 -8.04 1.52
2018-06-30 0.13 -4.31 1.47
2018-03-31 0.14 -1.56 1.63
2017-12-31 0.15 1.19 1.80
2017-09-30 0.15 -1.96 2.49
2017-06-30 0.16 -5.11 3.17
2017-03-31 0.17 -2.25 3.06
2016-12-31 0.19 0.62 2.94
2016-09-30 0.14 3.80 2.49
2016-06-30 0.09 6.99 2.04
2016-03-31 0.05 3.07 2.10
2015-12-31 -0.85 2.15
2015-09-30 -2.48 2.84
2015-06-30 -4.10 3.53
2015-03-31 -3.59 3.35
2014-12-31 -3.08 3.17
2014-09-30 -0.75 2.15
2014-06-30 1.58 1.13
2014-03-31 1.51 0.95
2013-12-31 1.45 0.77
2013-09-30 0.25 0.74
2013-06-30 -0.94 0.71
2013-03-31 -0.96 0.75
2012-12-31 -0.97 0.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Cadence Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Cadence Minerals has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cadence Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Cadence Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Cadence Minerals 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cadence Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cadence Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cadence Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cadence Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cadence Minerals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cadence Minerals Company Filings, last reported 6 months ago.

OTCPK:RARM.F Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 14.40 3.71 3.36
2018-09-30 14.40 3.71 3.36
2018-06-30 22.07 3.06 10.16
2018-03-31 22.07 3.06 10.16
2017-12-31 26.72 4.18 15.57
2017-09-30 26.72 4.18 15.57
2017-06-30 26.10 9.83 20.62
2017-03-31 26.10 9.83 20.62
2016-12-31 24.53 10.32 20.16
2016-09-30 24.53 10.32 20.16
2016-06-30 26.85 1.50 23.40
2016-03-31 26.85 1.50 23.40
2015-12-31 16.94 2.41 14.84
2015-09-30 16.94 2.41 14.84
2015-06-30 19.81 1.38 14.40
2015-03-31 19.81 1.38 14.40
2014-12-31 14.53 0.64 7.17
2014-09-30 14.53 0.64 7.17
2014-06-30 10.38 1.63 8.01
2014-03-31 10.38 1.63 8.01
2013-12-31 4.95 0.00 1.66
2013-09-30 4.95 0.00 1.66
2013-06-30 1.83 0.00 0.01
2013-03-31 1.83 0.00 0.01
2012-12-31 1.46 0.00 0.21
  • Cadence Minerals's level of debt (25.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.4% vs 25.7% today).
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.

  • Cadence Minerals has sufficient cash runway for 2.4 years based on current free cash flow.
  • Cadence Minerals has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of -9.4% each year.
X
Financial health checks
We assess Cadence Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cadence Minerals has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cadence Minerals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Cadence Minerals dividends.
If you bought $2,000 of Cadence Minerals shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Cadence Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cadence Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:RARM.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:RARM.F Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Cadence Minerals has not reported any payouts.
  • Unable to verify if Cadence Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cadence Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cadence Minerals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Cadence Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cadence Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cadence Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cadence Minerals's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Kiran Morzaria
COMPENSATION £129,462
AGE 46
TENURE AS CEO 5.8 years
CEO Bio

Mr. Kiran Caldas Morzaria, B.Eng ACSM, (FGS), MBA, has been the Chief Executive Officer of Cadence Minerals Plc since September 19, 2013. Mr. Morzaria serves as a Finance Director of an AIM-quoted resource company River Diamonds Plc. He has been Finance Director and a Director of UK Oil & Gas Investments PLC since October 23, 2015 and serves its Secretary. He has been Company Secretary of Hot Tuna (International) plc, since August 2008. He serves as Company Secretary of Solo Oil Plc. He was an Executive Director at European Metals Holdings Limited since April 2018 until July 2018 and has been its Non executive Director of European Metals Holdings Limited since July 2018. He has 15 years of experience in the mineral resource industry covering gold and diamonds. He served as Secretary of Cadence Minerals Plc; LGO Energy plc and Leni Gas & Oil PLC. Mr. Morzaria spent four years in exploration, mining and civil engineering at Vatukoula Gold Mines Plc. He served as Company Secretary of Concha plc since August 2008. He served as Chief Financial Officer at Vatukoula Gold Mines plc and served as its Finance Director since 2004. He served as an Executive Director of Vatukoula Gold Mines plc until June 21, 2013. Mr. Morzaria served as an Executive Director of St James's Energy Plc. He began his career as an exploration geologist working in Central America, after which, he moved to Firestone Diamonds Plc, where he served as an Exploration and Project Manager in South Africa. He served as a Senior Independent Director of Lucapa Diamond Company Limited. He serves as Director of Hot Tuna (UK) Limited, Map Print Limited, API Technology (UK) Limited, River Diamonds UK Limited, Immersion Technology Property Limited, Courthope Limited, Kirst Services Limited, Vatukoula Australia Pty Ltd., Vatukoula Gold Pty Ltd., Vatukoula Finance Pty Ltd. and Koula Mining Ltd. Mr. Morzaria serves as a Director of St James's Mining PLC and Immersion Technologies International plc. He has been a Non-Executive Director at Cadence Minerals Plc since July 31, 2015. He serves as a Non-Executive Director of Lonrho Mining Limited and Hot Tuna (International) plc, a surf lifestyle company. He served as a Non-Executive Director of Lonrho Plc since September 2010 and its Senior Independent Director since November 27, 2012. He served as Director of Tubutama Limited, Tubutama Borax Plc, Watermark Global Plc, Green Park Finance Plc,Arlington Resources Plc, Forgotten Children Limited, The World's Children Limited, Kimell Consulting Limited, Immersion Technologies UK Limited, Panguma Diamonds Ltd. and Green Hair Services Limited. He served as a Non-Executive Director at Bacanora Minerals Ltd. from September 10, 2014 to January 26, 2017. He was a Non-Executive Director at European Metals Holdings Limited since December 10, 2015 until April 2018. Mr. Morzaria served as Non-Executive Director of Brinkley Mining Plc, from August 19, 2005 to May 31, 2008 and Concha plc until April 29, 2011. He served as a Non-Executive Director at Solo Oil PLC and served as its Executive Director until March 26, 2012. He is a Member of the Institute of Directors. Mr. Morzaria holds a Bachelor of Engineering in Industrial Geology from the Camborne School of Mines, University of Exeter and

CEO Compensation
  • Kiran's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kiran's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Kiran Morzaria

TITLE
CEO & Director
COMPENSATION
£129K
AGE
46
TENURE
5.8 yrs

Don Layman Strang

TITLE
Executive Finance Director
COMPENSATION
£129K
AGE
51
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the Cadence Minerals board of directors in years:

4.9
Average Tenure
46.5
Average Age
  • The tenure for the Cadence Minerals board of directors is about average.
Board of Directors

Andrew Suckling

TITLE
Non-Executive Chairman
COMPENSATION
£114K
AGE
47
TENURE
3.6 yrs

Kiran Morzaria

TITLE
CEO & Director
COMPENSATION
£129K
AGE
46
TENURE
4 yrs

Don Layman Strang

TITLE
Executive Finance Director
COMPENSATION
£129K
AGE
51
TENURE
5.8 yrs

Adrian Fairbourn

TITLE
Non-Executive Director
COMPENSATION
£53K
AGE
46
TENURE
8.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
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Management checks
We assess Cadence Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cadence Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Cadence Minerals Plc identifies, invests in, and develops lithium and rare earth assets. It is also exploring for iron ore and other mining related opportunities. In addition, it holds interests in the Sonora Lithium Project in Northern Mexico and Zinnwald Lithium Project in southern Saxony, Germany. The company was formerly known as Rare Earth Minerals plc and changed its name to Cadence Minerals Plc in March 2017. Cadence Minerals Plc was incorporated in 2004 and is based in London, the United Kingdom.

Details
Name: Cadence Minerals Plc
RARM.F
Exchange: OTCPK
Founded: 2004
£14,485,086
10,546,196,754
Website: http://www.cadenceminerals.com
Address: Cadence Minerals Plc
Princes House,
Suite 3B,
London,
Greater London, SW1Y 6DN,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM KDNC Ordinary Shares London Stock Exchange AIM Market GB GBP 24. Mar 2005
OTCPK RARM.F Ordinary Shares Pink Sheets LLC US USD 24. Mar 2005
Number of employees
Current staff
Staff numbers
5
Cadence Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 00:39
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2018/05/25
Last earnings filing: 2019/05/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.