Reported Earnings • Aug 17
Second quarter 2022 earnings released: CA$0.59 loss per share (vs CA$0.019 loss in 2Q 2021) Second quarter 2022 results: CA$0.59 loss per share (down from CA$0.019 loss in 2Q 2021). Revenue: CA$3.95m (down 50% from 2Q 2021). Net loss: CA$95.1m (loss widened CA$92.3m from 2Q 2021). Over the next year, revenue is forecast to grow 297%, compared to a 7.5% growth forecast for the Metals and Mining industry in the United Kingdom. Board Change • Aug 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Karen McMaster was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Karen McMaster was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Karen McMaster was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 14
First quarter 2022 earnings released: CA$0.073 loss per share (vs CA$0.03 profit in 1Q 2021) First quarter 2022 results: CA$0.073 loss per share (down from CA$0.03 profit in 1Q 2021). Revenue: CA$2.80m (down 27% from 1Q 2021). Net loss: CA$11.3m (down 372% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 313%, compared to a 20% growth forecast for the industry in the United Kingdom. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Karen McMaster was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Karen McMaster was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 10
Independent Director recently sold CA$99k worth of stock On the 6th of December, Rick Van Nieuwenhuyse sold around 44k shares on-market at roughly CA$2.26 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.2m more than they bought in the last 12 months. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS CA$0.03 (vs CA$0.11 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$6.48m (up CA$5.69m from 3Q 2020). Net income: CA$4.51m (up CA$19.8m from 3Q 2020). Profit margin: 70% (up from net loss in 3Q 2020). Recent Insider Transactions • Aug 29
VP of Operations & GM of Keno Hill recently bought CA$87k worth of stock On the 23rd of August, Wayne Zigarlick bought around 40k shares on-market at roughly CA$2.18 per share. This was the largest purchase by an insider in the last 3 months. This was Wayne's only on-market trade for the last 12 months. Reported Earnings • Aug 12
Second quarter 2021 earnings released: CA$0.019 loss per share (vs CA$0.098 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$7.94m (up CA$7.07m from 2Q 2020). Net loss: CA$2.75m (loss narrowed 78% from 2Q 2020). Reported Earnings • May 14
First quarter 2021 earnings released: EPS CA$0.03 (vs CA$0.039 in 1Q 2020) First quarter 2021 results: Net income: CA$4.16m (down 12% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Recent Insider Transactions • Apr 24
Independent Director recently sold CA$512k worth of stock On the 21st of April, Elaine Sanders sold around 150k shares on-market at roughly CA$3.41 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.8m more than they bought in the last 12 months. Reported Earnings • Mar 13
Full year 2020 earnings released: CA$0.30 loss per share (vs CA$0.078 loss in FY 2019) Full year 2020 results: Net loss: CA$38.6m (loss widened 333% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 13
Revenue beats expectations Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 3,999%, compared to a 5.2% growth forecast for the Commercial Services industry in the United Kingdom. Reported Earnings • Nov 14
Third quarter 2020 earnings released: CA$0.11 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CA$795.0k (down 89% from 3Q 2019). Net loss: CA$15.2m (loss widened CA$12.9m from 3Q 2019). 