MCM.

Matachewan Consolidated MinesTSXV:MCM.A Stock Report

Market Cap

CA$2.6m

7D

2.4%

1Y

50.0%

Updated

17 Sep, 2021

Data

Company Financials
MCM.A fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MCM.A Overview

Matachewan Consolidated Mines, Limited invests in various petroleum interests and mineral properties in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Matachewan Consolidated Mines
Historical stock prices
Current Share PriceCA$0.21
52 Week HighCA$0.13
52 Week LowCA$0.27
Beta1.44
1 Month Change2.44%
3 Month Change-4.55%
1 Year Change50.00%
3 Year Change35.48%
5 Year Change-30.00%
Change since IPO40.00%

Recent News & Updates

May 04
Matachewan Consolidated Mines, Limited's (CVE:MCM.A) Shares Leap 45% Yet They're Still Not Telling The Full Story

Matachewan Consolidated Mines, Limited's (CVE:MCM.A) Shares Leap 45% Yet They're Still Not Telling The Full Story

Matachewan Consolidated Mines, Limited ( CVE:MCM.A ) shares have had a really impressive month, gaining 45% after a...

Jan 18
We Wouldn't Rely On Matachewan Consolidated Mines's (CVE:MCM.A) Statutory Earnings As A Guide

We Wouldn't Rely On Matachewan Consolidated Mines's (CVE:MCM.A) Statutory Earnings As A Guide

Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...

Nov 27
I Ran A Stock Scan For Earnings Growth And Matachewan Consolidated Mines (CVE:MCM.A) Passed With Ease

I Ran A Stock Scan For Earnings Growth And Matachewan Consolidated Mines (CVE:MCM.A) Passed With Ease

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

Shareholder Returns

MCM.ACA Oil and GasCA Market
7D2.4%2.4%-0.6%
1Y50.0%49.3%29.0%

Return vs Industry: MCM.A matched the Canadian Oil and Gas industry which returned 50.6% over the past year.

Return vs Market: MCM.A exceeded the Canadian Market which returned 29.1% over the past year.

Price Volatility

Is MCM.A's price volatile compared to industry and market?
MCM.A volatility
MCM.A Beta1.44
Industry Beta1.75
Market Beta1

Stable Share Price: Insufficient data to determine MCM.A's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine MCM.A's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1933n/aRichard McCloskey

Matachewan Consolidated Mines, Limited invests in various petroleum interests and mineral properties in Canada. It holds a royalty interest in the Matachewan property, which comprise 24 mining claims in the Young Davidson mine located in Powell and Cairo Townships near Matachewan Area, Ontario; and a 50% interest in 8 mining leases located in Hislop and Guibord Townships near Matheson, Ontario. The company was incorporated in 1933 and is based in Toronto, Canada.

Valuation

Is Matachewan Consolidated Mines undervalued compared to its fair value and its price relative to the market?

0.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MCM.A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MCM.A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MCM.A is unprofitable, so we can't compare its PE Ratio to the Canadian Oil and Gas industry average.

PE vs Market: MCM.A is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MCM.A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MCM.A is good value based on its PB Ratio (0.5x) compared to the CA Oil and Gas industry average (1.8x).


Future Growth

How is Matachewan Consolidated Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Energy industry annual growth in earnings


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 Matachewan Consolidated Mines 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 SimplyWall St do have past financial data.


Past Performance

How has Matachewan Consolidated Mines performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCM.A is currently unprofitable.

Growing Profit Margin: MCM.A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MCM.A is unprofitable, but has reduced losses over the past 5 years at a rate of 2.5% per year.

Accelerating Growth: Unable to compare MCM.A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MCM.A is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (44.8%).


Return on Equity

High ROE: MCM.A has a negative Return on Equity (-0.59%), as it is currently unprofitable.


Financial Health

How is Matachewan Consolidated Mines's financial position?


Financial Position Analysis

Short Term Liabilities: MCM.A's short term assets (CA$4.4M) exceed its short term liabilities (CA$728.6K).

Long Term Liabilities: MCM.A has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MCM.A's debt to equity ratio (14.2%) is considered satisfactory.

Reducing Debt: MCM.A's debt to equity ratio has increased from 12.1% to 14.2% over the past 5 years.

Debt Coverage: MCM.A's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if MCM.A's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Matachewan Consolidated Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MCM.A'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 MCM.A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCM.A's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MCM.A is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MCM.A's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

24.7yrs

Average board tenure


CEO

Richard McCloskey (70 yo)

no data

Tenure

CA$44,000

Compensation

Mr. Richard Duncan McCloskey, Bo, B.Sc., MBA has been the President of Baffinland Iron Mines Limited since July 2002. Mr. McCloskey serves as the Chief Executive Officer and President of McChip Resources I...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD34.51K) is below average for companies of similar size in the Canadian market ($USD161.56K).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: MCM.A's board of directors are seasoned and experienced ( 24.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

Matachewan Consolidated Mines, Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Matachewan Consolidated Mines, Limited
  • Ticker: MCM.A
  • Exchange: TSXV
  • Founded: 1933
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$2.613m
  • Shares outstanding: 12.45m

Location

  • Matachewan Consolidated Mines, Limited
  • 130 Adelaide Street West
  • Suite 1910
  • Toronto
  • Ontario
  • M5H 3P5
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:04
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.