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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Sandspring Resources. 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
Sandspring Resources'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 Sandspring 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 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 Sandspring Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Sandspring Resources's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Sandspring Resources's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Sandspring Resources is high growth as no earnings estimate data is available.
Unable to determine if Sandspring Resources 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 Sandspring Resources's filings and announcements here.
Sandspring Resources'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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Sandspring Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Sandspring Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Sandspring Resources's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Sandspring Resources'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Sandspring Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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. Richard A. Munson, also known as Rich, B.A., J.D., L.L.M. has been the Chief Executive Officer and Corporate Secretary of Sandspring Resources Ltd. since November 24, 2009 and serves as its President. Mr. Munson serves as General Counsel at SynCoal Partners LLC and has primary responsibility for the legal matters. has been an Executive President of ETK for 5 years. Mr. Munson has been also an Executive Vice President of the privately held Energy Fuels group of companies based in Steamboat Springs, Colorado for 5 years. He has served as an officer and director of various natural resource companies over the past 20 years. Mr. Munson has over 25 years' experience in the practice of law with a focus on natural resources. He has been involved in numerous domestic and international natural resource acquisitions, joint ventures, sales, environmental permitting and planning activities, mining ventures and oil and gas operations and reclamation activities. Mr. Munson has also been affiliated with the privately held Energy Fuels group of companies since 1985, where he has focused on domestic and international interests in the natural resource area. Mr. Munson also serves as an officer and director of the various Energy Fuels entities and of other international entities. Prior to joining Energy Fuels, Mr. Munson was a resident Partner in the Denver, Colorado office of a Montana-based law firm. He has been a Director of Sandspring Resources Ltd. since November 24, 2009. He has been director of ETK for 5 years Mr. Munson obtained a B.A. from Montana State University, his J.D. from the University of San Diego School of Law and an L.L.M. (Taxation) from the University of Denver.
Rich's compensation has been consistent with company performance over the past year.
Rich's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Sandspring Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Jessica Van Den Akker
Chief Financial Officer
Executive VP & Director
Senior Exploration Consultant
P.Geo. Van Osta
Senior Exploration Consultant
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Sandspring Resources board of directors is about average.
Sandspring Resources Ltd., a junior mining company, explores for and develops gold and related minerals in Guyana, South America. It primarily explores for gold, copper, and silver deposits. The company’s primary resource property is the Upper Puruni property, including the Toroparu gold project, which covers a total of 138,740 acres comprising 7 small scale claims, 98 medium scale prospecting permits, 13 medium scale mining permits, and 2 contiguous prospecting licenses. Sandspring Resources Ltd. was incorporated in 2006 and is based in Centennial, Colorado.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.