OTCPK:ROGF.F

Stock Analysis Report

Executive Summary

Roxgold Inc., a gold mining company, engages in acquiring, exploring, and evaluating mineral properties.

Snowflake

Fundamentals

Excellent balance sheet and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

OTCPK:ROGF.F

2.1%

US Metals and Mining

-0.3%

US Market


1 Year Return

0.1%

OTCPK:ROGF.F

-14.1%

US Metals and Mining

3.9%

US Market

ROGF.F outperformed the Metals and Mining industry which returned -16.1% over the past year.

ROGF.F underperformed the Market in United States of America which returned 3.4% over the past year.


Share holder returns

ROGF.FIndustryMarket
7 Day3.1%2.1%-0.3%
30 Day7.9%4.4%2.3%
90 Day25.5%-0.4%2.3%
1 Year0.1%0.1%-11.7%-14.1%6.2%3.9%
3 Year-30.4%-30.4%9.2%3.7%46.4%36.7%
5 Year9.0%9.0%-10.2%-16.8%59.6%41.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Roxgold's share price is below the future cash flow value, and at a moderate discount (> 20%).

Roxgold's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Roxgold is overvalued based on earnings compared to the US Metals and Mining industry average.

Roxgold is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Roxgold is good value based on expected growth next year.


Price Based on Value of Assets

Roxgold is overvalued based on assets compared to the US Metals and Mining industry average.


Next Steps

Future Growth

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

16.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Roxgold's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Roxgold's earnings are expected to grow by 16.8% yearly, however this is not considered high growth (20% yearly).

Roxgold's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Roxgold's earnings growth is expected to exceed the United States of America market average.

Roxgold's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Roxgold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Roxgold performed over the past 5 years?

57.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Roxgold has delivered over 20% year on year earnings growth in the past 5 years.

Roxgold's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Roxgold's 1-year earnings growth is negative, it can't be compared to the US Metals and Mining industry average.


Return on Equity

Roxgold has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Roxgold used its assets more efficiently than the US Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Roxgold has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Roxgold's financial position?


Financial Position Analysis

Roxgold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Roxgold's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Roxgold's level of debt (18.8%) 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% vs 18.8% today).

Debt is well covered by operating cash flow (187.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.8x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Roxgold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Roxgold's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Roxgold has not reported any payouts.

Unable to verify if Roxgold's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Roxgold has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Roxgold's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

John Dorward (47yo)

6.8yrs

Tenure

US$1,679,202

Compensation

Mr. John Andrew Dorward, BComm (Hons), GradDipAppFin, ACSA, CFA, has been the President and Chief Executive Officer of Roxgold Inc. since September 25, 2012. Mr. Dorward served as an Interim Chief Executiv ...


CEO Compensation Analysis

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.3yrs

Average Tenure

The average tenure for the Roxgold management team is less than 2 years, this suggests a new team.


Board Age and Tenure

6.8yrs

Average Tenure

63yo

Average Age

The tenure for the Roxgold board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyUS$17,70830 Aug 18
John Knowles
EntityIndividual
Role
Member of the Board of Directors
Shares25,000
Max PriceUS$0.71
BuyUS$18,19828 Aug 18
John Knowles
EntityIndividual
Role
Member of the Board of Directors
Shares25,000
Max PriceUS$0.73
BuyUS$18,01226 Aug 18
John Knowles
EntityIndividual
Role
Member of the Board of Directors
Shares25,000
Max PriceUS$0.72

Ownership Breakdown


Management Team

  • John Dorward (47yo)

    President

    • Tenure: 6.8yrs
    • Compensation: $1.68m
  • Paul Weedon

    Vice-President of Exploration

    • Tenure: 0.8yrs
  • Paul Criddle

    Chief Development Officer

    • Compensation: $827.98k
  • Craig Richards

    Principal of Mining Engineer

    • Tenure: 6.0yrs
  • Kelley Stamm

    Manager of Investor Relations & Communications

  • Iain Cox

    Interim Chief Operating Officer

    • Tenure: 1.0yrs
    • Compensation: $993.08k
  • Eric Pick

    Vice President of Corporate Development

    • Tenure: 1.7yrs
    • Compensation: $627.12k
  • Vince Sapuppo

    CFO & Corporate Secretary

    • Tenure: 0.8yrs
    • Compensation: $701.84k

Board Members

  • Jonathan Rubenstein (70yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: $180.00k
  • Oliver Lennox-King (70yo)

    Chairman of the Board

    • Tenure: 6.8yrs
    • Compensation: $280.00k
  • Richard Colterjohn (61yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: $185.00k
  • John Dorward (47yo)

    President

    • Tenure: 6.6yrs
    • Compensation: $1.68m
  • John Knowles (64yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: $185.00k
  • Norm Pitcher (63yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: $180.00k
  • Kate Harcourt (54yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: $175.00k

Company Information

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


Key Information

  • Name: Roxgold Inc.
  • Ticker: ROGF.F
  • Exchange: OTCPK
  • Founded: 1983
  • Industry: gold
  • Sector: materials
  • Market Cap: CA$403.332m
  • Listing Market Cap: CA$308.153m
  • Shares outstanding: 370.03m
  • Website: Click here

Number of Employees


Location

  • Roxgold Inc.
  • 360 Bay Street
  • Suite 500
  • Toronto
  • Ontario
  • M5H 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROXGTSX (The Toronto Stock Exchange)YesCommon SharesCACADJun 2002
ROGF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2002
WF8BDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2002

Biography

Roxgold Inc., a gold mining company, engages in acquiring, exploring, and evaluating mineral properties. Its principal asset is the Yaramoko gold project that covers an area of approximately 230 square kil ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/19 00:29
End of Day Share Price2019/07/18 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.