Ravensource Fund logo

RAV.UN - Ravensource Fund Share Price

C$15.69 0.0  0.0%

Last Trade - 23/09/20

Micro Cap
Market Cap £15.4m
Enterprise Value £11.1m
Revenue £110k
Position in Universe 1211th / 2679
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Relative Strength (%)
1m +11.0%
Volume Change (%)
10d / 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.64 0.36 0.15 0.24 0.40 1.41 +17.3%
-40.3 -4.3 +166.3 -67.0
Balance Sheet
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Ravensource Fund revenues decreased from C$933K to -C$293K. Net loss totaled C$3.9M vs. income of C$971K. Revenues reflect Change in unrealized gain on forward con decrease from C$323K to -C$272K, Net unrealized gain (loss) on foreign ex decrease from C$230K to -C$340K, Interest Income - Investment decrease of 41% to C$83K.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History


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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
Net Profit
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Ravensource Fund (the Fund), formerly, the First Asia Income Fund, is a Canada-based closed-end investment trust. The Fund's principal investment objective is to achieve absolute annual returns, with a focus on capital gains, through investment in selected North American securities that the investment manager may from time to time recommend as being a suitable investment for the Fund. The Fund focuses on investing primarily in North American high yield and distressed debt securities, and in equity securities. Stornoway Portfolio Management Inc. is the investment manager for the Fund.

Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated March 17, 1997
Public Since May 14, 1997
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Collective Investments
Exchange Toronto Stock Exchange
Shares in Issue 1,672,870
Free Float (0.0%)
Eligible for
RAV.UN Share Price Performance
Share Price
Bid - Ask
Low - High
Day's Change
Avg Volume
Open - Close
Range (12m)
Latest News for RAV.UN
Upcoming Events for RAV.UN
Frequently Asked Questions for Ravensource Fund
What is the Ravensource Fund share price?

As of 23/09/20, shares in Ravensource Fund are trading at C$15.69, giving the company a market capitalisation of £15.4m. This share price information is delayed by 15 minutes.

How has the Ravensource Fund share price performed this year?

Shares in Ravensource Fund are currently trading at C$15.69 and the price has moved by -12.15% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Ravensource Fund price has moved by -6.74% over the past year.

What are the analyst and broker recommendations for Ravensource Fund?

There are no analysts currently covering Ravensource Fund.

When will Ravensource Fund next release its financial results?

Ravensource Fund is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Ravensource Fund dividend yield?

The Ravensource Fund dividend yield is 1.91% based on the trailing twelve month period.

Does Ravensource Fund pay a dividend?

Last year, Ravensource Fund paid a total dividend of 0.3, and it currently has a trailing dividend yield of 1.91%. Looking ahead, Ravensource Fund has not announced an ex-dividend date yet.

When does Ravensource Fund next pay dividends?

Ravensource Fund has yet to annouce their ex-dividend date. The historic dividend yield on Ravensource Fund shares is currently 1.91%.

How do I buy Ravensource Fund shares?

To buy shares in Ravensource Fund you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Ravensource Fund?

Shares in Ravensource Fund are currently trading at C$15.69, giving the company a market capitalisation of £15.4m.

Where are Ravensource Fund shares listed? Where are Ravensource Fund shares listed?

Here are the trading details for Ravensource Fund:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: RAV.UN
What kind of share is Ravensource Fund?

Based on an overall assessment of its quality, value and momentum, Ravensource Fund is currently classified as a Falling Star. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Ravensource Fund share price forecast 2020?

We were not able to load any forecast data for Ravensource Fund.

How can I tell whether the Ravensource Fund share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Ravensource Fund. Over the past six months, the relative strength of its shares against the market has been -19.16%. At the current price of C$15.69, shares in Ravensource Fund are trading at % against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Ravensource Fund PE Ratio?

We were not able to find PE ratio data for Ravensource Fund.

Who are the key directors of Ravensource Fund?

Ravensource Fund's management team is headed by:

Scott Reid - PRE
Steven Schaus - VPR
Who are the major shareholders of Ravensource Fund?

Here are the top five shareholders of Ravensource Fund based on the size of their shareholding:

Patrick WE Hodgson Testamentary Spousal Trust Individual Investor
Percentage owned: 26.54% (444k shares)
Hodgson Family Foundation Individual Investor
Percentage owned: 12.26% (205k shares)
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