Four Nines Gold Inc., a mineral resource company, engages in the acquisition, exploration, and development of mineral resource properties in Canada.
The last earnings update was 92 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Four Nines Gold. This is due to cash flow or dividend data being
unavailable. The share price is
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
Four Nines Gold's
is considered below, and whether this is a fair price.
Price based on past earnings
Four Nines Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Four Nines Gold 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Four Nines Gold
expected to grow at an
Unable to compare Four Nines Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Four Nines Gold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Four Nines Gold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Four Nines Gold is high growth as no earnings estimate data is available.
Unable to determine if Four Nines Gold 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.
Four Nines Gold's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Four Nines Gold
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.
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.
Mr. James W. Mustard, also known as Jim, B.A. Sc. P.Eng., serves as Chief Executive Officer and President of Four Nines Gold Inc. Mr. Mustard has been Vice President of Explorex Resources Inc. since October 3, 2016. Mr. Mustard served as the Vice President of Investment Banking at PI Financial Corp., since October 1, 2009. He served as the President of Canada Zinc Metals Corp. (formerly, Mantle Resources Inc.) from September 17, 2007 to October 9, 2009. Mr. Mustard served as Vice President and Senior Mining Analyst at Haywood Securities Inc. from October 1996 to 2007 and Senior Mining Analyst of Haywood Securities, Research Division. He had the opportunity to review hundreds of projects and companies for more than 10 years. Mr. Mustard is a seasoned capital markets and mining professional, with over 20 years of expertise in business and project development. He has extensive experience in exploration, development and operating in North and South America including Canada with Cyprus Anvil Mining Corporation, Amax Group of Companies and Noramco Mining Inc. He has worked for Pacific Rim Mining Corp., Amax of Canada, Canada Tungsten Mining, Eldorado Gold and Barrick Gold in South America and Mexico. He worked with Federal Government of Canada managing the Vancouver office of the Canadian Exploration Incentive Program for two years. He has been Director of Four Nines Gold Inc. since May 30, 2016. He has been a Non-Executive Director of Kilo Goldmines Ltd. since March 2009 and Dorex Minerals Inc. since July 2017. He has been a Director of Explorex Resources Inc. since October 3, 2016. He served as a Director of Valley High Ventures Ltd. from March 19, 2008 to November 3, 2009. He served as a Director of Canada Zinc Metals Corp. from November 2007 to October 9, 2009. Mr. Mustard is a Geologist and Professional Engineer and also the Association of Professional Engineers and Geoscientists of British Columbia. He graduated with a Bachelor of Applied Science degree and Geological Engineering in 1974 from Queens University, Kingston.
Insufficient data for Jim to compare compensation growth.
Jim's remuneration is lower than average for companies of similar size in Canada.
CFO & Director
Board of Directors Tenure
Average tenure and age of the
Four Nines Gold
board of directors in years:
The average tenure for the Four Nines Gold board of directors is less than 3 years, this suggests a new board.
Four Nines Gold Inc., a mineral resource company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. It has an option to acquire a 70% interest in the Mariposa Property comprising 1,311 mineral claims in the White Gold region located in the Dawson Mining District, Yukon. The company was formerly known as Eureka Dome Gold Inc. and changed its name to Four Nines Gold Inc. in November 2016. Four Nines Gold Inc. was incorporated in 2015 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.