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Unity Metals

TSXV:UTY
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UTY
TSXV
CA$22M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Unity Metals Corp. an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in Canada. The last earnings update was 22 days ago. More info.


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  • Unity Metals has significant price volatility in the past 3 months.
UTY Share Price and Events
7 Day Returns
5.9%
TSXV:UTY
2.1%
CA Oil and Gas
0.9%
CA Market
1 Year Returns
594.4%
TSXV:UTY
2%
CA Oil and Gas
1.2%
CA Market
UTY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Unity Metals (UTY) 5.9% 27.6% 184.1% 594.4% 66.7% 15.7%
CA Oil and Gas 2.1% 3% 15.2% 2% -1.3% -28.9%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • UTY outperformed the Oil and Gas industry which returned 2% over the past year.
  • UTY outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
UTY
Industry
5yr Volatility vs Market

UTY Value

 Is Unity Metals undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Unity Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$1.25.
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 Unity Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Unity Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:UTY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.02
TSXV:UTY Share Price ** TSXV (2019-03-19) in CAD CA$1.25
Canada Oil and Gas Industry PE Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 15.58x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Unity Metals.

TSXV:UTY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:UTY Share Price ÷ EPS (both in CAD)

= 1.25 ÷ -0.02

-63.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unity Metals is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Unity Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Unity Metals's expected growth come at a high price?
Raw Data
TSXV:UTY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -63.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 36 Publicly-Listed Oil and Gas Companies 1.03x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Unity Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Unity Metals's assets?
Raw Data
TSXV:UTY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.01
TSXV:UTY Share Price * TSXV (2019-03-19) in CAD CA$1.25
Canada Oil and Gas Industry PB Ratio Median Figure of 232 Publicly-Listed Oil and Gas Companies 0.92x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:UTY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:UTY Share Price ÷ Book Value per Share (both in CAD)

= 1.25 ÷ 0.01

97.27x

* Primary Listing of Unity Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unity Metals is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Unity Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Unity Metals has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

UTY Future Performance

 How is Unity Metals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Unity Metals 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 growth 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 it right!
Annual Growth Rate
20.6%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Unity Metals expected to grow at an attractive rate?
  • Unable to compare Unity Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Unity Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Unity Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:UTY Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 20.6%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:UTY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:UTY Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 -1
2017-12-31 0 -1
2017-09-30 0 -1
2017-06-30 0 -1
2017-03-31 0 -1
2016-12-31 0 -3
2016-09-30 0 -2
2016-06-30 0 -2
2016-03-31 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Unity Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Unity Metals 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.
Raw Data
TSXV:UTY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Unity Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:UTY Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.04
2018-06-30 -0.05
2018-03-31 -0.06
2017-12-31 -0.08
2017-09-30 -0.20
2017-06-30 -0.24
2017-03-31 -0.28
2016-12-31 -0.65
2016-09-30 -0.54
2016-06-30 -0.58
2016-03-31 -0.62

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Unity Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Unity Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Unity Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Unity Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Unity Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Unity Metals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

UTY Past Performance

  How has Unity Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Unity Metals's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unity Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Unity Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Unity Metals's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Unity Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Unity Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:UTY Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.24 0.26
2018-09-30 -0.45 0.46
2018-06-30 -0.48 0.47
2018-03-31 -0.53 0.50
2017-12-31 -0.58 0.53
2017-09-30 -1.22 0.35
2017-06-30 -1.28 0.39
2017-03-31 -1.28 0.41
2016-12-31 -2.61 0.43
2016-09-30 -2.13 0.41
2016-06-30 -2.05 0.33
2016-03-31 -1.95 0.24
2015-12-31 -2.05 0.27
2015-09-30 -1.67 0.28
2015-06-30 -1.69 0.30
2015-03-31 -1.71 0.32
2014-12-31 -1.31 0.13
2014-09-30 -1.36 0.18
2014-06-30 -1.36 0.18
2014-03-31 -1.35 0.18
2013-12-31 -0.26 0.18
2013-09-30 -0.26 0.16
2013-06-30 -0.22 0.11
2013-03-31 -0.28 0.17
2012-12-31 -0.66 0.27
2012-09-30 -0.40 0.23
2012-06-30 -0.50 0.35
2012-03-31 -0.72 0.36

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Unity Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Unity Metals has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Unity Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Unity Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Unity Metals 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.

Full details on the Past part of the Simply Wall St company analysis model.

UTY Health

 How is Unity Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Unity Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unity Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Unity Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Unity Metals'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Unity Metals Company Filings, last reported 2 months ago.

TSXV:UTY Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.19 0.13 0.34
2018-09-30 -0.04 0.09 0.08
2018-06-30 -0.01 0.00 0.01
2018-03-31 0.05 0.00 0.02
2017-12-31 0.00 0.00 0.02
2017-09-30 0.12 0.00 0.02
2017-06-30 0.00 0.00 0.01
2017-03-31 0.11 0.00 0.03
2016-12-31 -0.04 0.00 0.00
2016-09-30 0.76 0.00 0.01
2016-06-30 0.77 0.00 0.03
2016-03-31 0.57 0.00
2015-12-31 1.90 0.00 0.02
2015-09-30 2.00 0.00 0.05
2015-06-30 1.98 0.00 0.08
2015-03-31 1.94 0.00 0.10
2014-12-31 3.27 0.00 0.13
2014-09-30 3.24 0.00 0.20
2014-06-30 3.28 0.00 0.31
2014-03-31 3.11 0.00 0.52
2013-12-31 3.62 0.05 0.05
2013-09-30 3.70 0.00 0.07
2013-06-30 3.75 0.00 0.12
2013-03-31 3.67 0.00 0.22
2012-12-31 3.70 0.00 0.27
2012-09-30 5.33 0.00 0.79
2012-06-30 5.38 0.00 0.84
2012-03-31 4.99 0.00 0.70
  • Unity Metals's level of debt (68.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.3% vs 68.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Unity Metals has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Unity Metals has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -49.8% per year.
X
Financial health checks
We assess Unity Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Unity Metals has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

UTY Dividends

 What is Unity Metals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Unity Metals dividends.
If you bought CA$2,000 of Unity Metals shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Unity Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Unity Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:UTY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 4.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Unity Metals has not reported any payouts.
  • Unable to verify if Unity Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Unity Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Unity Metals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Unity Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Unity Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Unity Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

UTY Management

 What is the CEO of Unity Metals's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Peter Born
COMPENSATION CA$57,000
AGE 65
CEO Bio

Dr. Peter Born, Ph.D., P.Geo., is Chairman, President and Chief Executive Officer of Unity Metals Corp(also known as Unity Energy Corp.) and serves as its Director since 2014. Dr. Born serves as Director at Mondor Minerals Inc. Dr. Born has been the Director of Alba Minerals Ltd., since February 2018. He has been Director of Astorius Resources Ltd since February 23, 2018. He has been the President of Lions Gate Metals, Inc., since November 2014 and served as its Chief Executive Officer until December 8, 2016. Dr. Born has over 30 years of exploration/mining experience including project evaluation/feasibility studies for senior and junior companies in Canada and American resource companies. He has expertise in Precambrian Sedimentary Geology, Basin Analysis, Sedimentology, Stratigraphy and Sedimentary Ore deposits in 1996. His experience includes several years of uranium exploration in the Athabasca Basin and the Thelon Uranium Basin of the Northwest Territories. He served as Senior Geologist and Resource Geologist of Western Mining (WMC). He served as Vice President of Exploration at Glenmark Capital Corp., (alternate name, Aldever Resources Inc.) until July 9, 2017. He served as Vice President of Exploration and Director at Atom Energy Inc. until July 09, 2014. He served as Consultant/Senior Geologist, modeling the Aquarius ore body at Echo Bay Mines from January 1996 to May 2000. He served at RPS Energy Canada on natural gas. From May 2000 to December 2000, Dr. Born served as a Consulting Geologist to three mineral exploration and development companies. As a Resource Geologist, he dealt extensively with QA/QC issues with respect to data handling, data integrity, resource auditing, error assessment and uncertainty in generating both ore reserves and geological models. He served in Archean terrains in Ontario and the Northwest Territories and was therefore intimately familiar with the opportunities presented Grandview in the exploration and development of the Red Lake Ontario and Rice Lake Manitoba greenstone belts. He served as the President of 1727856 Ontario Ltd. Dr. Born serves as a Director of BOE Capital Corp. He served as a Director of Lions Gate Metals, Inc., from December 4, 2013 to December 8, 2016. He has been Director at Alchemist Mining Inc. since April 12, 2017. He has been a Director of Glenmark Capital Corp., since July 2014; Aurgent Resource Corp. since 2008; Avarone Metals Inc. since February 2014 and August Metal Corporation (formerly, Cuda Capital Corp.), since July 2008. He served as Independent Director of American Lithium Corp. from 2014 to August 10, 2016. He served as a Director of First Cobalt Corp. (formerly, Aurgent Gold Corp. and Patrone Gold Corp.) from 2011 to January 6, 2017. He served as an Independent Director of Alderon Resource Corp., (AKA Alderon Iron Ore Corp.) from 2009 to December 8, 2009. Dr. Born served as a Director of Deloro Resources Ltd. from June 27, 2011 to September 26, 2013 and Grandview Gold Inc., from June 7, 2007 to April 14, 2015. He served as a Director of Uranium Standard Resources Ltd. from March 31, 2015 to November 2015. He served as Director of PUDO Inc. from June 2007 to April 14, 2015. He has been a Director of Aldever Resources Inc since July 2014. He served as a Director of Titus Energy Corp. (formerly, Titus Capital Corp.) since June 1, 2010; Ardonblue Ventures Inc. since August 2008 and CleanPath Resources Corp., (formerly, CanAm Uranium Corp.) from April 16, 2007 to February 19, 2008. He is a Fellow of the Geological Association of Canada. He is a Registered Professional Geologist with the Association of Professional Geoscientists of Ontario. In 1976, he holds a Bachelor of Science in Geology from Carleton University, Ottawa, Ontario and subsequently earned a Msc. degree in Geology in 1979 from Laurentian University, Sudbury, Ontario. Dr. Born holds a Ph.D. in Earth Sciences from Carleton University.

CEO Compensation
  • Peter's compensation has increased whilst company is loss making.
  • Peter's remuneration is lower than average for companies of similar size in Canada.
Management Team

Peter Born

TITLE
Chairman
COMPENSATION
CA$57K
AGE
65

Richard Ko

TITLE
Accountant
COMPENSATION
CA$36K
AGE
65
TENURE
9.1 yrs
Board of Directors Tenure

Average tenure and age of the Unity Metals board of directors in years:

5.2
Average Tenure
68
Average Age
  • The tenure for the Unity Metals board of directors is about average.
Board of Directors

Peter Born

TITLE
Chairman
COMPENSATION
CA$57K
AGE
65

Richard Ko

TITLE
Accountant
COMPENSATION
CA$36K
AGE
65
TENURE
5.2 yrs

Tom Tough

TITLE
Member of Geological Exploration Advisory Board
AGE
79
TENURE
8.7 yrs

Allan McNutt

TITLE
Member of Advisory Board

Gil Schneider

TITLE
Director
AGE
71
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
30. Oct 18 Buy Peter Born Individual 25. Oct 18 25. Oct 18 25,000 CA$0.09 CA$2,250
X
Management checks
We assess Unity Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Unity Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

UTY News

Simply Wall St News

The Unity Metals Share Price Is Up 650% And Shareholders Are Delighted

Unity Metals hasn't yet reported any revenue yet, so it's as much a business idea as a business. … As a general rule, if a company doesn't have revenue, and it loses money, then it is a high risk investment. … Unity Metals has already given some investors a taste of the sweet gains that high risk investing can generate, if your timing is right.

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Can Unity Energy Corp (CVE:UTY) Improve Your Portfolio Returns?

For Unity Energy Corp’s (CVE:UTY) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of UTY. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

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What Does Unity Energy Corp's (CVE:UTY) Ownership Structure Look Like?

In this article, I'm going to take a look at Unity Energy Corp’s (TSXV:UTY) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for Unity Energy TSXV:UTY Ownership_summary May 25th 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … 8.43% ownership makes insiders an important shareholder group.

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Does Unity Energy Corp (CVE:UTY) Fall With The Market?

If you are looking to invest in Unity Energy Corp’s (TSXV:UTY), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A market capitalisation of CA$1.76M puts UTY in the category of small-cap stocks, which tends to possess higher beta than larger companies. … I test UTY’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

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Who Are Unity Energy Corp's (CVE:UTY) Major Shareholders?

In this article, I'm going to take a look at Unity Energy Corp’s (TSXV:UTY) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for Unity Energy TSXV:UTY Ownership_summary Jan 3rd 18 Insider Ownership Another important group of shareholders are company insiders. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Is Unity Energy Corp's (CVE:UTY) CEO Pay Fair?

View our latest analysis for Unity Energy What has been the trend in UTY's earnings? … Given earnings are moving the right way, CEO pay should represent Algie's value creation for shareholders. … Typically I would use earnings and market cap to account for variations in performance, however, UTY's negative earnings lower the effectiveness of this method.

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How Does Unity Energy Corp (TSXV:UTY)’s Prospect Stack Up Next To Its Oil & Gas Peers?

Not surprisingly, this rate is more than double the growth rate of the Canadian stock market as a whole. … TSXV:UTY Past Future Earnings Nov 15th 17 The oil price collapse drove a negative 40% growth in the energy sector in the past five years. … In the previous year, the industry endured negative growth of -0.30%, underperforming the Canadian market growth of 8.26%.

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Why You Need To Look At This Factor Before Buying Unity Energy Corp (TSXV:UTY)

Generally, an investor should consider two types of risk that impact the market value of UTY. … Any stock with a beta of greater than one is considered more volatile than the market, and those with a beta less than one is generally less volatile. … UTY, with its market capitalisation of CAD CA$1.14M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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UTY Company Info

Description

Unity Metals Corp. an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in Canada. The company has an option to acquire up to 100% interest in the Margurete Gold property. Its other properties include Close Lake, Hoppy Lake, Dickens Lake, and Milliken Lake, which are located in the Province of Saskatchewan, Canada. The company was formerly known as Unity Energy Corp. and changed its name to Unity Metals Corp. in December 2018. Unity Metals Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Unity Metals Corp.
UTY
Exchange: TSXV
Founded: 2006
CA$22,125,986
17,700,789
Website: http://unitymetalscorp.com
Address: Unity Metals Corp.
515 West Pender Street,
Suite 313,
Vancouver,
British Columbia, V6B 6H5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV UTY Common Shares TSX Venture Exchange CA CAD 29. May 2007
OTCPK URGY.F Common Shares Pink Sheets LLC US USD 29. May 2007
DB UJN3 Common Shares Deutsche Boerse AG DE EUR 29. May 2007
Number of employees
Current staff
Staff numbers
0
Unity Metals employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:03
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.