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Makena Resources

CNSX:MKNA
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MKNA
CNSX
CA$3M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Makena Resources Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The last earnings update was 19 days ago. More info.


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MKNA Share Price and Events
7 Day Returns
-5%
CNSX:MKNA
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-5%
CNSX:MKNA
-7.9%
CA Metals and Mining
-0.1%
CA Market
MKNA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Makena Resources (MKNA) -5% 90% 137.5% -5% -68.3% -96%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • MKNA outperformed the Metals and Mining industry which returned -7.9% over the past year.
  • MKNA underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
MKNA
Industry
5yr Volatility vs Market

MKNA Value

 Is Makena Resources 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 Makena Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.095.
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 Makena Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Makena Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MKNA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.07
CNSX:MKNA Share Price ** CNSX (2019-03-18) in CAD CA$0.1
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

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

** Primary Listing of Makena Resources.

CNSX:MKNA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:MKNA Share Price ÷ EPS (both in CAD)

= 0.1 ÷ -0.07

-1.31x

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

  • Makena Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Makena Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Makena Resources's expected growth come at a high price?
Raw Data
CNSX:MKNA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*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 Makena Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Makena Resources's assets?
Raw Data
CNSX:MKNA 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
CNSX:MKNA Share Price * CNSX (2019-03-18) in CAD CA$0.1
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
CNSX:MKNA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:MKNA Share Price ÷ Book Value per Share (both in CAD)

= 0.1 ÷ 0.01

8.87x

* Primary Listing of Makena Resources.

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

  • Makena Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Makena Resources'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Makena Resources 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.

MKNA Future Performance

 How is Makena Resources 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 Makena Resources 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
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Makena Resources expected to grow at an attractive rate?
  • Unable to compare Makena Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Makena Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Makena Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MKNA Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
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
CNSX:MKNA 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.
CNSX:MKNA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -2
2018-09-30 -1 -2
2018-06-30 -1 -2
2018-03-31 -1 -3
2017-12-31 -2 -2
2017-09-30 -1 -2
2017-06-30 -1 -2
2017-03-31 0 -2
2016-12-31 0 -1
2016-09-30 0 -2
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Makena Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Makena Resources 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
CNSX:MKNA 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 Makena Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MKNA Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.07
2018-09-30 -0.09
2018-06-30 -0.10
2018-03-31 -0.20
2017-12-31 -0.23
2017-09-30 -0.31
2017-06-30 -0.33
2017-03-31 -0.24
2016-12-31 -0.27
2016-09-30 -0.35
2016-06-30 -0.39
2016-03-31 -0.26

*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 Makena Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MKNA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Makena Resources'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 Materials companies here
  3. Makena Resources'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 Makena Resources'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.
Makena Resources 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.

MKNA Past Performance

  How has Makena Resources 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 Makena Resources's growth in the last year to its industry (Metals and Mining).
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.
  • Makena Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Makena Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Makena Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Makena Resources'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 Makena Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MKNA 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 -1.99 0.70
2018-09-30 -1.93 0.66
2018-06-30 -1.86 0.60
2018-03-31 -2.75 0.69
2017-12-31 -2.22 0.88
2017-09-30 -2.21 0.91
2017-06-30 -2.33 0.96
2017-03-31 -1.51 0.92
2016-12-31 -1.46 0.73
2016-09-30 -1.51 0.74
2016-06-30 -1.31 0.73
2016-03-31 -0.71 0.73
2015-12-31 -0.75 0.77
2015-09-30 -0.72 0.74
2015-06-30 -0.87 0.86
2015-03-31 -1.32 0.87
2014-12-31 -1.36 0.89
2014-09-30 -1.47 1.00
2014-06-30 -1.39 0.94
2014-03-31 -2.05 0.93
2013-12-31 -2.02 0.90
2013-09-30 -1.90 0.75
2013-06-30 -1.80 0.64
2013-03-31 -0.67 0.59
2012-12-31 -0.69 0.61
2012-09-30 -1.17 0.64
2012-06-30 -1.42 0.88
2012-03-31 -2.70 0.94

*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 Makena Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Makena Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Makena Resources 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 Makena Resources'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 Metals and Mining 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.
Makena Resources 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.

MKNA Health

 How is Makena Resources'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 Makena Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Makena Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Makena Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Makena Resources'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.
  • High level of physical assets or inventory.
  • Makena Resources has no debt, it does not need to be covered by short term assets.
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 Makena Resources Company Filings, last reported 2 months ago.

CNSX:MKNA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.38 0.00 0.06
2018-09-30 0.61 0.00 0.05
2018-06-30 -0.15 0.00 0.18
2018-03-31 0.59 0.00 0.25
2017-12-31 0.93 0.00 0.42
2017-09-30 -0.62 1.27 0.09
2017-06-30 -0.38 1.27 0.10
2017-03-31 1.14 0.00 0.04
2016-12-31 1.32 0.00 0.07
2016-09-30 1.48 0.00 0.09
2016-06-30 1.01 0.00 0.34
2016-03-31 1.50 0.03 0.24
2015-12-31 1.41 0.00 0.02
2015-09-30 1.47 0.00 0.07
2015-06-30 1.38 0.00 0.04
2015-03-31 1.54 0.00 0.01
2014-12-31 1.59 0.00 0.05
2014-09-30 1.74 0.00 0.01
2014-06-30 1.44 0.00 0.03
2014-03-31 1.83 0.00 0.04
2013-12-31 2.03 0.00 0.07
2013-09-30 1.50 0.00 0.01
2013-06-30 0.90 0.29 0.01
2013-03-31 2.22 0.29 0.02
2012-12-31 2.42 0.19 0.01
2012-09-30 2.57 0.14 0.02
2012-06-30 2.53 0.12 0.05
2012-03-31 2.71 0.10 0.02
  • Makena Resources has no debt.
  • Makena Resources had no debt 5 years ago.
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.

  • Makena Resources has less than a year of cash runway based on current free cash flow.
  • Makena Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.8% each year.
X
Financial health checks
We assess Makena Resources'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. Makena Resources has a total score of 3/6, 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.

MKNA Dividends

 What is Makena Resources'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 Makena Resources dividends.
If you bought CA$2,000 of Makena Resources 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 Makena Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Makena Resources'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
CNSX:MKNA 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
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 5.6%

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 Makena Resources has not reported any payouts.
  • Unable to verify if Makena Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Makena Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Makena Resources 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 Makena Resources'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 Makena Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Makena Resources 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.

MKNA Management

 What is the CEO of Makena Resources'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
Spencer Smyl
COMPENSATION CA$7,500
AGE 27
TENURE AS CEO 1.3 years
CEO Bio

Mr. Spencer Smyl has been CEO, President and Secretary of Makena Resources Inc since November 15, 2017. He has been Director of Makena Resources Inc since 2016. He has been Director of SYD Financial Inc. since October 11, 2017. Mr. Smyl has been an investment analyst with Asia Asset Management Inc. since 2015. He has been a director of Spearmint Resources Inc. since November 18, 2016, a mineral exploration company listed on the TSXV, a director of YDreams Global Interactive Technologies Inc., since April 25, 2017, a technology company listed on the TSXV, a director of Jinhua Capital Corporation since June 20, 2017, a mineral exploration company listed on the TSXV and a director of Makena Resources Inc. since December 22, 2016, a mineral exploration company listed on the TSXV. He was an executive assistant with the Senate of Canada from April 2011 until October 10, 2013 and a business developer with Naturo Group Investments Inc. from May 2013 until January 2015. Mr. Smyl graduated from the University of British Columbia with a degree in Political Science in 2014.

CEO Compensation
  • Insufficient data for Spencer to compare compensation growth.
  • Spencer's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Makena Resources management team in years:

1.3
Average Tenure
44
Average Age
  • The average tenure for the Makena Resources management team is less than 2 years, this suggests a new team.
Management Team

Spencer Smyl

TITLE
CEO, President
COMPENSATION
CA$8K
AGE
27
TENURE
1.3 yrs

Juliana Daley

TITLE
Chief Financial Officer
COMPENSATION
CA$37K
TENURE
0.9 yrs

Dane Brown

TITLE
Vice President of Corporate Development
AGE
46

Jim Nelson

TITLE
Executive Vice President
AGE
41

Negar Adam

TITLE
Consultant
COMPENSATION
CA$161K
AGE
44
TENURE
2 yrs

Graeme Sewell

TITLE
Consultant
COMPENSATION
CA$173K
AGE
50
Board of Directors Tenure

Average tenure of the Makena Resources board of directors in years:

3.8
Average Tenure
  • The tenure for the Makena Resources board of directors is about average.
Board of Directors

Spencer Smyl

TITLE
CEO, President
COMPENSATION
CA$8K
AGE
27
TENURE
2.3 yrs

Greg Thomson

TITLE
Director
AGE
69
TENURE
8.3 yrs

Karl Schimann

TITLE
Member of Advisory Committee
TENURE
5.3 yrs

Darren Reeves

TITLE
Director
TENURE
0.3 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$) Value (CA$)
X
Management checks
We assess Makena Resources'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. Makena Resources 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.

MKNA News

Simply Wall St News

MKNA Company Info

Description

Makena Resources Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Its projects are diversified in gold, lithium, and uranium sectors that are located in British Columbia, Saskatchewan, Quebec, and Newfoundland. The company was formerly known as Canasia Industries Corporation and changed its name to Makena Resources Inc. in January 2013. Makena Resources Inc. is headquartered in Vancouver, Canada.

Details
Name: Makena Resources Inc.
MKNA
Exchange: CNSX
Founded:
CA$3,348,387
35,246,184
Website: http://makenaresources.com
Address: Makena Resources Inc.
701 West Georgia Street,
Suite 1470,
Vancouver,
British Columbia, V7Y 1C6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX MKNA Common Shares Canadian National Stock Exchange CA CAD 06. Sep 1988
OTCPK CANS.F Common Shares Pink Sheets LLC US USD 06. Sep 1988
Number of employees
Current staff
Staff numbers
0
Makena Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:48
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.