Maxtech Ventures Inc., together with its subsidiary, engages in the exploration and evaluation of mineral properties in Zambia and Canada.
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Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Maxtech Ventures's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MVT's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MVT underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.
Return vs Market: MVT underperformed the Canadian Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is Maxtech Ventures's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWe're Not Very Worried About Maxtech Ventures's (CSE:MVT) Cash Burn Rate
9 months ago | Simply Wall StMaxtech Ventures Inc. (CNSX:MVT): What Does Its Beta Value Mean For Your Portfolio?
Is Maxtech Ventures undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MVT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MVT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MVT is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MVT 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 MVT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MVT is overvalued based on its PB Ratio (25.9x) compared to the CA Metals and Mining industry average (1.5x).
How is Maxtech Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Maxtech Ventures 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.
- Take a look at our analysis of MVT’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.
- Maxtech Ventures competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Maxtech Ventures performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MVT is currently unprofitable.
Growing Profit Margin: MVT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MVT is unprofitable, and losses have increased over the past 5 years at a rate of -29.3% per year.
Accelerating Growth: Unable to compare MVT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MVT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).
Return on Equity
High ROE: MVT has a negative Return on Equity (-297.75%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Maxtech Ventures's financial position?
Financial Position Analysis
Short Term Liabilities: MVT's short term assets (CA$202.2K) do not cover its short term liabilities (CA$302.4K).
Long Term Liabilities: MVT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MVT is debt free.
Reducing Debt: MVT had no debt 5 years ago.
Inventory Level: MVT has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MVT's debt is covered by short term assets.
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.
Stable Cash Runway: MVT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MVT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Maxtech Ventures's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MVT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MVT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MVT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MVT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MVT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Wilson (51yo)
Mr. Peter Grant Wilson has been Chief Executive Officer of MaxTech Ventures Inc. since October 26, 2016 and serves as its President. Mr. Wilson has been the President and Chief Executive Officer of Morgan ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD154.33K).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
|President||3.3yrs||no data||3.72% CA$221.2k|
|Chief Financial Officer||0.7yrs||no data||no data|
|Consulting Geologist||0yrs||no data||no data|
|Senior Vice President of Exploration||0.3yrs||no data||no data|
Experienced Management: MVT's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
|President||3.3yrs||no data||3.72% CA$221.2k|
|Independent Director||3.1yrs||no data||no data|
|Independent Director||2.8yrs||no data||no data|
|Independent Director||4.2yrs||no data||no data|
Experienced Board: MVT's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MVT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.5%.
Maxtech Ventures Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Maxtech Ventures Inc.
- Ticker: MVT
- Exchange: CNSX
- Founded: 2000
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$5.949m
- Shares outstanding: 66.09m
- Website: https://www.maxtech-ventures.com
- Maxtech Ventures Inc.
- 595 Howe Street
- Suite 702
- British Columbia
- V6C 2T5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|M1NA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Feb 2001|
|MVT||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Feb 2001|
|MTEH.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2001|
Maxtech Ventures Inc., together with its subsidiary, engages in the exploration and evaluation of mineral properties in Zambia and Canada. It holds an option to acquire 100% interests in the Lac Patu vanadium property located in Quebec, Canada; and interests in Panama Lake gold project located in Ontario, Canada, as well as 2 exploration licenses located in Zambia. The company was incorporated in 2000 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 02:01|
|End of Day Share Price||2020/02/20 00:00|
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.