OTCPK:RMIO.F

Stock Analysis Report

Executive Summary

Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Romios Gold Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-11.0%

RMIO.F

11.6%

US Metals and Mining

12.5%

US Market


1 Year Return

-40.3%

RMIO.F

-29.3%

US Metals and Mining

-12.7%

US Market

Return vs Industry: RMIO.F underperformed the US Metals and Mining industry which returned -28.5% over the past year.

Return vs Market: RMIO.F underperformed the US Market which returned -11.9% over the past year.


Shareholder returns

RMIO.FIndustryMarket
7 Day-11.0%11.6%12.5%
30 Day-5.5%-18.7%-14.7%
90 Day-21.9%-33.1%-21.5%
1 Year-40.3%-40.3%-27.3%-29.3%-10.9%-12.7%
3 Year-51.7%-51.7%-25.4%-29.6%12.6%5.4%
5 Year-32.6%-32.6%-6.3%-13.8%31.9%17.5%

Price Volatility Vs. Market

How volatile is Romios Gold Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Romios Gold Resources undervalued compared to its fair value and its price relative to the market?

2.08x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: RMIO.F is overvalued based on its PB Ratio (2.1x) compared to the US Metals and Mining industry average (1x).


Next Steps

Future Growth

How is Romios Gold Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.3%

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 Romios Gold Resources 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 Romios Gold Resources performed over the past 5 years?

-22.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RMIO.F is currently unprofitable.

Growing Profit Margin: RMIO.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RMIO.F is unprofitable, and losses have increased over the past 5 years at a rate of -22.4% per year.

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

Earnings vs Industry: RMIO.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-26.9%).


Return on Equity

High ROE: RMIO.F has a negative Return on Equity (-121.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Romios Gold Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RMIO.F's short term assets (CA$889.5K) exceed its short term liabilities (CA$730.4K).

Long Term Liabilities: RMIO.F's short term assets (CA$889.5K) exceed its long term liabilities (CA$43.5K).


Debt to Equity History and Analysis

Debt Level: RMIO.F is debt free.

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


Balance Sheet

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

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

Forecast Cash Runway: RMIO.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.1% each year


Next Steps

Dividend

What is Romios Gold Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

13.3yrs

Average board tenure


CEO

Tom Drivas (67yo)

no data

Tenure

CA$185,372

Compensation

Mr. Anastasios Drivas, also known as Tom, has been the Chief Executive Officer and President of Appia Energy Corp. since August 24, 2007. Mr. Drivas is a Business Entrepreneur with numerous years of experi ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD131.72K) is below average for companies of similar size in the US market ($USD602.37K).

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


Board Members

NamePositionTenureCompensationOwnership
Anastasios Drivas
Presidentno dataCA$185.37k4.77% CA$168.2k
Frank van de Water
COO, CFO12.67yrsCA$86.55kno data
William Johnstone
Legal counsel6.83yrsno data0.49% CA$17.1k
Thomas Skimming
Former Director23.17yrsCA$34.80k1.02% CA$36.0k
Brian Robertson
Independent Director11.75yrsCA$31.77k0.16% CA$5.6k
Garth Kirkham
Independent Director14yrsCA$32.78k0.17% CA$5.9k

13.3yrs

Average Tenure

68.5yo

Average Age

Experienced Board: RMIO.F's board of directors are seasoned and experienced ( 13.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.


Top Shareholders

Company Information

Romios Gold Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Romios Gold Resources Inc.
  • Ticker: RMIO.F
  • Exchange: OTCPK
  • Founded: 1995
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.960m
  • Listing Market Cap: CA$3.524m
  • Shares outstanding: 198.40m
  • Website: https://www.romios.com

Location

  • Romios Gold Resources Inc.
  • 2 Toronto Street
  • Suite 500
  • Toronto
  • Ontario
  • M5C 2B8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RGTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2000
D4RDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2000
RMIO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2000

Biography

Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada. It primarily explores for gold, silver, and copper deposits. The company primarily holds an interest in the Golden Triangle area properties comprising Newmont Lake and Trek projects that covers an area of 81,991 hectares located in northwestern British Columbia; and covering an area of approximately 8,022 hectares located in the northwest portion of its Lundmark-Akow Lake Project in Northwestern Ontario. Romios Gold Resources Inc. was founded in 1995 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 Analysis2020/03/30 04:00
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.