ERIN VENTURES INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 0.65
Market capitalization 8.46M
Operating cash flow -1.04M
ESG Scores unknown

Company description

Erin Ventures Inc. engages in the acquisition, exploration, and development of mineral properties. The company holds interests in the Piskanja project covering an area of approximately 3 square kilometers of area located to the south of Belgrade, Serbia; and Yukon Property located in Canada. It has strategic partnership with Temas Resources. The company was incorporated in 1993 and is based in Victoria, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Diluted earning per share

Financial Ratios
Quick Ratio0.44
Working Capital3.72
Return On Equity-0.11
Debt To Equity0
Fixed Asset Ratio-0.2
Fixed Interest Cover-69.01

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 657.29k -8.76k 244.27k -206.6k
Total Cashflows From Investing Activities -1.21M -408.05k -252.83k -283.36k
Net Borrowings 28.04k 28.04k 28.04k -12.52k
Total Cash From Financing Activities 1.49M 1.49M 889.48k 1.47M
Change To Operating Activities 16.65k -95.25k 34.21k 4.72k
Issuance Of Stock 1.53M 1.56M 924.02k 1.54M
Net Income -1.26M -1.03M -1.03M -1.1M
Change In Cash -7.94k 40.11k -30.3k 108.73k
Effect Of Exchange Rate
Total Cash From Operating Activities -285.59k -1.04M -666.95k -1.07M
Depreciation 35.72k 35.72k 35.72k 10.16k
Change To Account Receivables
Other Cashflows From Financing Activities -46.13k -65.85k -62.58k -66.47k
Change To Netincome 294.63k 91.12k 57.08k 210.57k
Capital Expenditures -1.21M -408.05k -252.83k -283.36k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -1.26M -1.03M -1.03M -1.1M
Net Income -1.26M -1.03M -1.03M -1.1M
Selling General Administrative 1M 867.09k 875.2k 823.28k
Gross Profit
Ebit -1M -867.09k -910.92k -1.04M
Operating Income -1M -867.09k -910.92k -1.04M
Interest Expense -146.41k -117.81k -72.51k -15.03k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -255.35k -166.1k -123.49k -58.55k
Net Income From Continuing Ops -1.26M -1.03M -1.03M -1.1M
Net Income Applicable To Common Shares -1.26M -1.03M -1.03M -1.1M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 908.43k 674.06k 736.41k 562.22k
Total Stockholder Equity 8.14M 8.92M 9.06M 9.65M
Other Current Liabilities
Total Assets 9.05M 9.59M 9.8M 10.21M
Common Stock 30.4M 32.17M 33.33M 34.81M
Other Current Assets
Retained Earnings -24.24M -25.28M -26.31M -27.41M
Treasury Stock 1.98M 2.02M 2.04M 2.24M
Cash 2.04k 42.15k 11.85k 120.58k
Total Current Liabilities 388.72k 366.82k 692.38k 522.22k
Other Stockholder Equity 1.98M 2.02M 2.04M 2.24M
Property, Plant, and Equipment 8.99M 9.4M 9.67M 9.98M
Total Current Assets 54.9k 187.1k 126.41k 227.63k
Net Tangible Assets 8.14M 8.92M 9.06M 9.65M
Net Receivables 4.93k 1.77k 5.59k 2.8k
Accounts Payable 330.01k 310.07k 582.67k 418.35k


Insider Transactions

Here are the insider transactions of stock shares related to ERIN VENTURES INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Fallis (Howard Blake)Exercise of warrants at price 0.06 per share.D2021-10-19Senior Officer of Issuer125k
Daniels (Timothy Dean)Acquisition or disposition carried out privately at price 0.06 per share.D2021-09-08Director of Issuer1.6M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ERIN VENTURES INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ERIN VENTURES INC

Here is the result of two systematic investment strategies applied to ERIN VENTURES INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ERIN VENTURES INC

The following chart shows the equity curve of the two systematic investment strategies applied to ERIN VENTURES INC:

ERIN VENTURES INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 91.35% on the backtest period.

Performance at glance

Performance

91.35 %

Latent gain

2055.28 C$

Invested capital

2249.96 C$

Annualized return

21.24 %
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Momentum strategy results on ERIN VENTURES INC

This is the result of two momentum investment strategies applied to ERIN VENTURES INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ERIN VENTURES INC

The following chart shows all the entries opened by the momentum investment system on ERIN VENTURES INC:

ERIN VENTURES INC momentum entries
  • The first momentum investment strategy would give 124.22% of return on ERIN VENTURES INC. That represents 9006.61C$ of latent gain with 7250.39C$ of employed capital.
  • The second momentum investment strategy would give 134.02% of return on ERIN VENTURES INC. That represents 6030.92C$ of latent gain with 4500.03C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

124.22 %

Latent gain

9006.61 C$

Invested capital

7250.39 C$

Annualized return

35.45 %
Performance at glance (2Q Momentum)

Performance

134.02 %

Latent gain

6030.92 C$

Invested capital

4500.03 C$

Annualized return

35.08 %

Momentum equity curve on ERIN VENTURES INC

The following chart shows the equity curve of the two momentum strategies applied to ERIN VENTURES INC:

ERIN VENTURES INC momentum equity

Note: the dividends potentially given by ERIN VENTURES INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ERIN VENTURES INC

The following chart shows the employed capital evolution of the two momentum strategies on ERIN VENTURES INC since the beginning:

ERIN VENTURES INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ERIN VENTURES INC

Buy the dip entry openings on ERIN VENTURES INC

ERIN VENTURES INC

The performance achieved by the robo-advisor on ERIN VENTURES INC is 81.54%. That represents 611.53$ of latent gain with 749.99C$ of employed capital. The following chart shows ERIN VENTURES INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ERIN VENTURES INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

81.54 %

Latent gain

611.53 C$

Invested capital

749.99 C$

Annualized return

35.45 %

Equity curve of the strategy applied to ERIN VENTURES INC

The following chart shows the result of the investment strategy applied to ERIN VENTURES INC:

ERIN VENTURES INC

Note: the dividends potentially given by ERIN VENTURES INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ERIN VENTURES INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on ERIN VENTURES INC:

ERIN VENTURES INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ERIN VENTURES INC

In this section, I will compare the three previous investment strategies applied to ERIN VENTURES INC.

Equity curve comparison on ERIN VENTURES INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ERIN VENTURES INC investment strategy comparison

Employed capital comparison on ERIN VENTURES INC

ERIN VENTURES INC investment comparison

Performance comparison on ERIN VENTURES INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 91.35% 2055.28C$ 2249.96C$ 21.24%
Momentum 1 quarter 124.22% 9006.61C$ 7250.39C$ 30.6%
Momentum 2 quarters 134.02% 6030.92C$ 4500.03C$ 35.08%
Non-directional 81.54% 611.53C$ 749.99C$ 35.45%
Annualized return comparison

Automatic investment

21.24 %

Momentum 1Q

35.08 %

Momentum 2Q

35.08 %

Non-directional

35.45 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ERIN VENTURES INC:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ERIN VENTURES INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of ERIN VENTURES INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ERIN VENTURES INC
Country Canada
City Victoria
Address 645 Fort Street
Phone
Website www.erinventures.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker EV.XTSX
Market www.tsx.com

ERIN VENTURES INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown