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Maxtech Ventures

CNSX:MVT
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MVT
CNSX
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Maxtech Ventures Inc., together with its subsidiary, engages in the exploration and evaluation of mineral properties in Brazil and Zambia. The last earnings update was 83 days ago. More info.


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  • Maxtech Ventures has significant price volatility in the past 3 months.
MVT Share Price and Events
7 Day Returns
-11.1%
CNSX:MVT
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-82.2%
CNSX:MVT
-5.9%
CA Metals and Mining
0.7%
CA Market
MVT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Maxtech Ventures (MVT) -11.1% -33.3% -42.9% -82.2% -33.3% -
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • MVT underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • MVT underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
MVT
Industry
5yr Volatility vs Market

MVT Value

 Is Maxtech Ventures 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 Maxtech Ventures. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Maxtech Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Maxtech Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MVT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.05
CNSX:MVT Share Price ** CNSX (2019-03-20) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Maxtech Ventures.

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

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

= 0.08 ÷ -0.05

-1.58x

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

  • Maxtech Ventures is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Maxtech Ventures is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Maxtech Ventures's expected growth come at a high price?
Raw Data
CNSX:MVT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.58x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 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 Maxtech Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Maxtech Ventures's assets?
Raw Data
CNSX:MVT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.01
CNSX:MVT Share Price * CNSX (2019-03-20) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
CNSX:MVT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 0.01

10.74x

* Primary Listing of Maxtech Ventures.

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

  • Maxtech Ventures is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Maxtech Ventures'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. Maxtech Ventures 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.

MVT Future Performance

 How is Maxtech Ventures 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 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 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Maxtech Ventures expected to grow at an attractive rate?
  • Unable to compare Maxtech Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Maxtech Ventures's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Maxtech Ventures's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MVT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:MVT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:MVT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -3
2018-07-31 -1 -3
2018-04-30 -1 -2
2018-01-31 -1 -3
2017-10-31 -1 -2
2017-07-31 -1 -2
2017-04-30 0 -1
2017-01-31 0 0
2016-10-31 0 0
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Maxtech Ventures is high growth as no earnings estimate data is available.
  • Unable to determine if Maxtech Ventures 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:MVT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Maxtech Ventures Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MVT Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.05
2018-07-31 -0.05
2018-04-30 -0.04
2018-01-31 -0.05
2017-10-31 -0.04
2017-07-31 -0.04
2017-04-30 -0.03
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.00
2016-04-30 -0.01
2016-01-31 -0.01

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

Next steps:

  1. 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.
  2. Maxtech Ventures'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. Maxtech Ventures'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 Maxtech Ventures'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.
Maxtech Ventures 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.

MVT Past Performance

  How has Maxtech Ventures 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 Maxtech Ventures'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.
  • Maxtech Ventures does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Maxtech Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Maxtech Ventures's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Maxtech Ventures'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 Maxtech Ventures Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MVT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -2.70 2.64
2018-07-31 -2.54 2.47
2018-04-30 -2.17 2.02
2018-01-31 -2.71 2.54
2017-10-31 -1.76 1.61
2017-07-31 -1.67 1.57
2017-04-30 -1.36 1.34
2017-01-31 -0.08 0.08
2016-10-31 -0.10 0.12
2016-07-31 -0.14 0.12
2016-04-30 -0.36 0.19
2016-01-31 -0.32 0.19
2015-10-31 -0.34 0.15
2015-07-31 -0.37 0.14
2015-04-30 -0.02 -0.61 0.12
2015-01-31 -0.64 0.13
2014-10-31 -0.56 0.16
2014-07-31 -0.53 0.18
2014-04-30 0.02 -1.63 0.18
2014-01-31 -1.68 0.19
2013-10-31 -1.72 0.21
2013-07-31 -1.74 0.21
2013-04-30 -0.06 0.23
2013-01-31 -0.06 0.23
2012-10-31 -0.05 0.22
2012-07-31 0.23 0.22
2012-04-30 0.10 0.19

*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 Maxtech Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Maxtech Ventures 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 Maxtech Ventures 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 Maxtech Ventures'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.
Maxtech Ventures 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.

MVT Health

 How is Maxtech Ventures'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 Maxtech Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Maxtech Ventures's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Maxtech Ventures has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Maxtech Ventures'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.
  • Maxtech Ventures 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 Maxtech Ventures Company Filings, last reported 4 months ago.

CNSX:MVT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 0.40 0.00 0.02
2018-07-31 0.27 0.00 0.14
2018-04-30 0.57 0.00 0.31
2018-01-31 0.33 0.00 0.11
2017-10-31 0.16 0.00 0.01
2017-07-31 0.17 0.00 0.10
2017-04-30 0.20 0.00 0.11
2017-01-31 0.46 0.00 0.44
2016-10-31 -0.02 0.02 0.06
2016-07-31 -0.03 0.00 0.06
2016-04-30 0.00 0.00 0.07
2016-01-31 0.00 0.00 0.06
2015-10-31 -0.02 0.00 0.07
2015-07-31 0.00 0.00 0.05
2015-04-30 0.34 0.00 0.30
2015-01-31 0.36 0.00 0.33
2014-10-31 3.65 0.00 1.06
2014-07-31 3.62 0.00 1.01
2014-04-30 3.93 0.00 1.31
2014-01-31 3.97 0.00 1.35
2013-10-31 3.99 0.00 3.63
2013-07-31 4.03 0.00 3.76
2013-04-30 5.36 0.00 4.16
2013-01-31 5.51 0.00 4.33
2012-10-31 5.63 0.00 4.50
2012-07-31 5.68 0.00 3.94
2012-04-30 5.91 0.00 4.16
  • Maxtech Ventures has no debt.
  • Maxtech Ventures 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.

  • Maxtech Ventures has less than a year of cash runway based on current free cash flow.
  • Maxtech Ventures has less than a year of cash runway if free cash flow continues to grow at historical rates of 81.3% each year.
X
Financial health checks
We assess Maxtech Ventures'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. Maxtech Ventures 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.

MVT Dividends

 What is Maxtech Ventures'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 Maxtech Ventures dividends.
If you bought CA$2,000 of Maxtech Ventures 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 Maxtech Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Maxtech Ventures'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:MVT 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 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
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 Maxtech Ventures has not reported any payouts.
  • Unable to verify if Maxtech Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Maxtech Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Maxtech Ventures 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 Maxtech Ventures'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 Maxtech Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Maxtech Ventures 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.

MVT Management

 What is the CEO of Maxtech Ventures'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 Wilson
COMPENSATION CA$57,500
AGE 50
TENURE AS CEO 2.4 years
CEO Bio

Mr. Peter Grant Wilson has been Chief Executive Officer of MaxTech Ventures Inc. since October 26, 2016. Mr. Wilson has been the President and Chief Executive Officer of Morgan Creek Energy Corp Since September 29, 2008 and Sterling Grant Capital Inc. (an investment company) since May, 1998. Mr. Wilson has been Vice President Finance of Azure Resources Corp. since August 7, 2002. He has been a Consultant of SecureCom Mobile Inc. since March 30, 2016. He served as the Chief Executive Officer of Canex Energy Corp. (formerly, Brades Resource Corp.) from January 28, 2015 to July 19, 2016. Mr. Wilson served as the Chief Executive Officer of SecureCom Mobile Inc. from April 6, 2015 to February 4, 2016. He served as Interim Chief Financial Officer of MaxTech Ventures Inc. from October 26, 2016 to February 14, 2017. He served as Chief Financial Officer, Treasurer and Secretary of SecureCom Mobile Inc. from August 27, 2014 January 12, 2015 and served as its Chief Executive Officer from August 27, 2014 to November 20, 2014. He served as a Consultant of SecureCom Mobile Inc. since January 12, 2015. Mr. Gilson served as a Vice President of Corporate Development\Business Development at Mainland Resources Inc. since December 03, 2009. He served as President and Chief Executive Officer of Sun Oil & Gas Corp since January 25, 2005. He served as President and Chief Executive Officer of TagLikeMe Corp from September 29, 2008 to May 18, 2012 and Alaska Gold Corporation from April 5, 2011 to June 22, 2012. Mr. Wilson was involved in senior level management of public companies through his private investment company. His experience spans a wide range of project finance, development and contract negotiations within the mining, energy and real estate industries. His business experience includes international assignments in the United Kingdom, Canada, the United States, Switzerland and Norway. Mr. Wilson worked extensively with overseas investor groups and within the E&P market in Louisiana, Texas and Oklahoma. He served as Chief Executive Officer and President of Sono Resources, Inc from April 05, 2011 to June 2012. From April 16, 2007 to October 1, 2009, Mr. Wilson served as the President at Hana Mining Ltd. From 2005 to 2006, he served as President and Chief Executive Officer of Sun Oil and Gas Corp. He served as Vice-President of Investor Relations at PetroReal Energy Inc. since December 1998. From 1997 to 2005, he served as a Vice President of Investor Relations at Petroreal Oil Corp. From 1993 to 1999, Mr. Wilson served as Vice President of Samoth Equity Corporation (now Sterling Center Corp.). He served as the Chief Executive Officer and President of Yosen Group, Inc., (Formerly China 3C Group). He served as the Chief Financial Officer of Sheen Resources Ltd. (alternate name: Pencari Resource Corporation) from January 1, 2005 to May 30, 2005 and served as its Vice President of Finance & Operations from 2003 to 2005, which he co-founded. Mr. Wilson served senior positions in several publicly traded companies including Director of Corporate Development of Samoth Capital Corporation and Vice-President of Samoth Equity Corporation. He served at Hi Score Corp. He serves as a Director of San Remo Resources. He has been a Director of Morgan Creek Energy Corp Since September 29, 2008. He has been a Director of HLD Land Development LP (aCNSX listed entity) since October 2010. He has been Non Independent Director of MaxTech Ventures Inc. since October 26, 2016. He has been a Director of Azure Resources Corp. since August 7, 2002. He has been a Director of Guerrero Exploration Inc since January 2013. He served as a Director of Aequus Pharmaceuticals Inc. He served as a Director of SecureCom Mobile Inc. from January 14, 2015 to March 30, 2016. He served as a Director of Zadar Ventures Ltd. from April 09, 2010 to September 21, 2015. Mr. Wilson served as a Director of Gold Star Resources Corp. since August 26, 2009 to December 2009 and Mainland Resources Inc since December 3, 2009 until January 29, 2013. He served as a Director of Pencari Mining Corp. (alternate name, Sheen Resources Ltd.). since August 7, 2002 and Alaska Gold Corporation since April 5, 2011 until June 22, 2012. He served as a Director of Simba Energy Inc from August 2009 to September 2009. He served as a Director of Canex Energy Corp. from February 19, 2015 to July 19, 2016. He served as a Director of Texhoma Energy Inc. from November 2, 2004 to January 21, 2005 and TagLikeMe Corp from September 29, 2008 to May 18, 2012. Mr. Wilson served as a Director of Sono Resources, Inc since April 05, 2011. From April 2007 to November 3, 2009, he served as a Director of Hana Mining Ltd. From 1997 to 2005, Mr. Wilson served as a Director of Petroreal Oil Corp since February 16, 2004. He served as a Director of PetroReal Energy Inc. since February 16, 2004. He served as a Director of Sun Oil & Gas Corp. from January 25, 2005 to November 2005 and SecureCom Mobile Inc. from August 27, 2014 to November 20, 2014.

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

Peter Wilson

TITLE
CEO & Non Independent Director
COMPENSATION
CA$58K
AGE
50
TENURE
2.4 yrs

Ryan E. S. Cheung

TITLE
Chief Financial Officer
COMPENSATION
CA$9K
AGE
40
TENURE
2.2 yrs

John Harper

TITLE
Consulting Geologist

Meris Kott

TITLE
President of Commercial
Board of Directors Tenure

Average tenure of the Maxtech Ventures board of directors in years:

2.3
Average Tenure
  • The average tenure for the Maxtech Ventures board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Wilson

TITLE
CEO & Non Independent Director
COMPENSATION
CA$58K
AGE
50
TENURE
2.4 yrs

Eugene Hodgson

TITLE
Independent Director
AGE
61
TENURE
2.2 yrs

Alex Tsakumis

TITLE
Director
TENURE
1.9 yrs

Santokh Sahota

TITLE
Independent Director
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$) Value (CA$)
X
Management checks
We assess Maxtech Ventures'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. Maxtech Ventures 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.

MVT News

Simply Wall St News

MVT Company Info

Description

Maxtech Ventures Inc., together with its subsidiary, engages in the exploration and evaluation of mineral properties in Brazil and Zambia. The company primarily explores for vanadium and manganese deposits. It holds interests in four claims totaling approximately 40,000 hectares in the Mato Grosso region of Brazil. The company also owns interest in two vanadium mineral claims in the state of Bahia, Brazil; and two exploration licenses of manganese deposits in Zambia. Maxtech Ventures Inc. has a strategic partnership with Grupo Maringa Ferro-Liga. The company was incorporated in 2000 and is headquartered in Vancouver, Canada.

Details
Name: Maxtech Ventures Inc.
MVT
Exchange: CNSX
Founded: 2000
CA$4,345,188
54,314,862
Website: http://www.maxtech-ventures.com
Address: Maxtech Ventures Inc.
595 Howe Street,
Suite 702,
Vancouver,
British Columbia, V6C 2T5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX MVT Common Shares Canadian National Stock Exchange CA CAD 26. Feb 2001
OTCPK MTEH.F Common Shares Pink Sheets LLC US USD 26. Feb 2001
DB M1NA Common Shares Deutsche Boerse AG DE EUR 26. Feb 2001
Number of employees
Current staff
Staff numbers
0
Maxtech Ventures employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:45
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/12/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/07/31


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.