CNSX:MVT

Stock Analysis Report

Executive Summary

Maxtech Ventures Inc., together with its subsidiary, engages in the exploration and evaluation of mineral properties in Zambia and Canada.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

MVT

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-25.0%

MVT

4.7%

CA Metals and Mining

5.3%

CA Market

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.


Shareholder returns

MVTIndustryMarket
7 Day0%3.1%0.6%
30 Day-5.3%3.5%1.0%
90 Day5.9%11.9%4.5%
1 Year-25.0%-25.0%5.4%4.7%8.6%5.3%
3 Year-72.3%-72.3%-4.3%-5.9%18.0%7.4%
5 Yearn/a24.6%21.0%34.4%14.9%

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

Valuation

Is Maxtech Ventures undervalued compared to its fair value and its price relative to the market?

25.94x

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).


Next Steps

Future Growth

How is Maxtech Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

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.


Next Steps

Past Performance

How has Maxtech Ventures performed over the past 5 years?

-29.3%

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


Next Steps

  • Explore strong past performing companies in the Materials industry.

Financial Health

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.


Balance Sheet

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.


Next Steps

Dividend

What is Maxtech Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

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.


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Peter Wilson (51yo)

3.3yrs

Tenure

0

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.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Wilson
President3.3yrsno data3.72% CA$221.2k
Kelly McQuiggan
Chief Financial Officer0.7yrsno datano data
John Harper
Consulting Geologist0yrsno datano data
James Rogers
Senior Vice President of Exploration0.3yrsno datano data

0.7yrs

Average Tenure

Experienced Management: MVT's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Wilson
President3.3yrsno data3.72% CA$221.2k
Eugene Hodgson
Independent Director3.1yrsno datano data
Alexander Tsakumis
Independent Director2.8yrsno datano data
Santokh Sahota
Independent Director4.2yrsno datano data

3.2yrs

Average Tenure

51yo

Average Age

Experienced Board: MVT's board of directors are considered experienced (3.2 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.5%.


Top Shareholders

Company Information

Maxtech Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Maxtech Ventures Inc.
  • 595 Howe Street
  • Suite 702
  • Vancouver
  • British Columbia
  • V6C 2T5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
M1NADB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2001
MVTCNSX (Canadian National Stock Exchange)YesCommon SharesCACADFeb 2001
MTEH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2001

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 02:01
End of Day Share Price2020/02/20 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


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.