OTCPK:ROGF.F

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


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

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


Market Performance


7 Day Return

2.0%

ROGF.F

-0.5%

US Metals and Mining

1.3%

US Market


1 Year Return

58.1%

ROGF.F

20.9%

US Metals and Mining

14.9%

US Market

Return vs Industry: ROGF.F exceeded the US Metals and Mining industry which returned 20.9% over the past year.

Return vs Market: ROGF.F exceeded the US Market which returned 14.9% over the past year.


Shareholder returns

ROGF.FIndustryMarket
7 Day2.0%-0.5%1.3%
30 Day13.2%12.1%4.7%
90 Day40.4%20.9%17.1%
1 Year58.1%58.1%23.8%20.9%17.3%14.9%
3 Year50.3%50.3%14.7%7.3%38.9%29.9%
5 Year156.1%156.1%81.9%65.7%71.3%52.8%

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 compared to its fair value and its price relative to the market?

295.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ROGF.F ($1.27) is trading above our estimate of fair value ($0.32)

Significantly Below Fair Value: ROGF.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ROGF.F is poor value based on its PE Ratio (295.4x) compared to the US Metals and Mining industry average (13.4x).

PE vs Market: ROGF.F is poor value based on its PE Ratio (295.4x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: ROGF.F is poor value based on its PEG Ratio (6.6x)


Price to Book Ratio

PB vs Industry: ROGF.F is overvalued based on its PB Ratio (3.7x) compared to the US Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

44.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROGF.F's forecast earnings growth (44.9% per year) is above the savings rate (2.2%).

Earnings vs Market: ROGF.F's earnings (44.9% per year) are forecast to grow faster than the US market (22.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ROGF.F's revenue (9.7% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: ROGF.F's revenue (9.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ROGF.F's Return on Equity is forecast to be high in 3 years time


Next Steps

  • Explore growth companies in the Materials industry.

Past Performance

How has Roxgold performed over the past 5 years?

42.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROGF.F has high quality earnings.

Growing Profit Margin: ROGF.F's current net profit margins (1.1%) are lower than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: ROGF.F has become profitable over the past 5 years, growing earnings by 42.7% per year.

Accelerating Growth: ROGF.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ROGF.F had negative earnings growth (-89.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22.6%).


Return on Equity

High ROE: ROGF.F's Return on Equity (3.1%) is considered low.


Next Steps

Financial Health

How is Roxgold's financial position?


Financial Position Analysis

Short Term Liabilities: ROGF.F's short term assets ($90.3M) exceed its short term liabilities ($89.4M).

Long Term Liabilities: ROGF.F's short term assets ($90.3M) exceed its long term liabilities ($31.4M).


Debt to Equity History and Analysis

Debt Level: ROGF.F's debt to equity ratio (19.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ROGF.F's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ROGF.F's debt is well covered by operating cash flow (229.9%).

Interest Coverage: ROGF.F's interest payments on its debt are well covered by EBIT (8.9x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ROGF.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ROGF.F's dividends per share have been stable in the past.

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

1.9yrs

Average management tenure


CEO

John Dorward (48 yo)

7.92yrs

Tenure

US$2,056,085

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

Compensation vs Market: John's total compensation ($USD1.54M) is about average for companies of similar size in the US market ($USD2.04M).

Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Dorward
President7.92yrsUS$2.06m0.38%
$ 1.7m
Vince Sapuppo
CFO & Corporate Secretary1.92yrsUS$967.07kno data
Paul Criddle
Chief Operating Officer1.58yrsUS$1.28mno data
Eric Pick
Vice President of Corporate Development2.75yrsUS$644.07kno data
Paul Weedon
Vice-President of Exploration1.83yrsUS$785.65kno data
Graeme Jennings
Vice President of Investor Relations0.75yrno datano data
Craig Richards
Principal of Mining Engineer7.08yrsno datano data

1.9yrs

Average Tenure

Experienced Management: ROGF.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
John Dorward
President7.92yrsUS$2.06m0.38%
$ 1.7m
Jonathan Rubenstein
Independent Director7.92yrsUS$180.00k0.027%
$ 123.9k
Oliver Lennox-King
Independent Chairman of the Board7.92yrsUS$315.00k2.48%
$ 11.5m
Richard Colterjohn
Independent Director7.92yrsUS$198.00k0.63%
$ 2.9m
John Knowles
Independent Director7.92yrsUS$205.00k0.10%
$ 483.4k
Norman Pitcher
Independent Director4.17yrsUS$180.00k0.013%
$ 60.0k
Kate Harcourt
Independent Director4.17yrsUS$175.00kno data

7.9yrs

Average Tenure

64yo

Average Age

Experienced Board: ROGF.F's board of directors are considered experienced (7.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ROGF.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 not been meaningfully diluted in the past year.


Top Shareholders

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:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$617.713m
  • Listing Market Cap: CA$461.214m
  • Shares outstanding: 372.12m
  • Website: https://www.roxgold.com

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 holds interest the Yaramoko gold project located in the Houndé greenstone belt of Burkina Faso, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 23:54
End of Day Share Price2020/08/03 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.