Filo Future Growth

Future criteria checks 0/6

Filo is forecast to grow earnings and revenue by 3.1% and 80.9% per annum respectively. EPS is expected to grow by 6.3% per annum. Return on equity is forecast to be -171% in 3 years.

Key information

3.1%

Earnings growth rate

6.3%

EPS growth rate

Metals and Mining earnings growth	34.7%
Revenue growth rate	80.9%
Future return on equity	-171.0%
Analyst coverage	Low
Last updated	22 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:FIL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	N/A	-87	-77	-46	2
12/31/2025	N/A	-92	-107	-54	4
12/31/2024	N/A	-95	-114	-131	4
9/30/2024	N/A	-94	-83	-80	N/A
6/30/2024	N/A	-92	-92	-86	N/A
3/31/2024	N/A	-96	-81	-76	N/A
12/31/2023	N/A	-87	-70	-65	N/A
9/30/2023	N/A	-77	-65	-62	N/A
6/30/2023	N/A	-75	-52	-51	N/A
3/31/2023	N/A	-62	-42	-40	N/A
12/31/2022	N/A	-51	-34	-33	N/A
9/30/2022	N/A	-41	-27	-25	N/A
6/30/2022	N/A	-35	-22	-20	N/A
3/31/2022	N/A	-29	-21	-20	N/A
12/31/2021	N/A	-26	-20	-19	N/A
9/30/2021	N/A	-22	-17	-17	N/A
6/30/2021	N/A	-17	-15	-15	N/A
3/31/2021	N/A	-14	-14	-14	N/A
12/31/2020	N/A	-15	-14	-13	N/A
9/30/2020	N/A	-18	-16	-16	N/A
6/30/2020	N/A	-18	-15	-15	N/A
3/31/2020	N/A	-20	-16	-16	N/A
12/31/2019	N/A	-22	-19	-18	N/A
9/30/2019	N/A	-20	-17	-16	N/A
6/30/2019	N/A	-21	-19	-19	N/A
3/31/2019	N/A	-20	-20	-19	N/A
12/31/2018	N/A	-21	-19	-19	N/A
9/30/2018	N/A	-21	-21	-20	N/A
6/30/2018	N/A	-20	N/A	-18	N/A
3/31/2018	N/A	-18	N/A	-14	N/A
12/31/2017	N/A	-15	N/A	-14	N/A
9/30/2017	N/A	-16	N/A	-13	N/A
6/30/2017	N/A	-14	N/A	-12	N/A
3/31/2017	N/A	-12	N/A	-9	N/A
12/31/2016	N/A	-6	N/A	-4	N/A
9/30/2016	N/A	-3	N/A	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FIL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FIL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FIL is forecast to have no revenue next year.

High Growth Revenue: FIL is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FIL is forecast to be unprofitable in 3 years.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:56
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Filo Corp. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Gagliano	BMO Capital Markets Equity Research
Bryce Adams	CIBC Capital Markets
Anita Soni	CIBC Capital Markets

Filo Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 7.5% to CA$31.14

Price target increased to CA$28.82

Price target increased to CA$23.00

Recent updates

Filo Intends to Submit an Application for the Delisting of the Shares from Nasdaq First North Growth Market and the Toronto Stock Exchange

Filo Announce Assay Results from Six Holes from the Filo Del Sol Project

New major risk - Financial position

Independent Chairman of the Board exercised options to buy CA$6.5m worth of stock.

President exercised options and sold CA$3.7m worth of stock

New minor risk - Shareholder dilution

Filo Corp. announced that it has received CAD 114.999984 million in funding from Lundin Mining Corporation, BHP Investments Canada Inc.

Price target decreased by 7.5% to CA$31.14

BHP Investments Canada Inc. and Lundin Mining Corporation (TSX:LUN) entered into a definitive agreement to acquire remaining 93.7% stake in Filo Corp. (TSX:FIL) from Nemesia S.À R.L. and others for CAD 4.1 billion.

Independent Director exercised options to buy CA$2.7m worth of stock.

Filo Corp. Announces Assay Results from Three Holes from the Filo Del Sol Project

Independent Director recently sold CA$1.6m worth of stock

Is Filo (TSE:FIL) In A Good Position To Invest In Growth?

New major risk - Financial position

Filo Corp. Announces Assay Results from Holes FSDH093 and FSDH094 from the Filo Del Sol Project in San Juan, Argentina

We're Hopeful That Filo (TSE:FIL) Will Use Its Cash Wisely

Filo Corp. to Report Q3, 2024 Results on Nov 08, 2024

Filo Corp., Annual General Meeting, Jun 21, 2024

Filo Corp. to Report Q2, 2024 Results on Aug 09, 2024

Filo Corp. Announces 2024 Exploration Plans

Insider recently sold CA$423k worth of stock

Filo Corp. Announces Assay Results from HolesFSDH086, FSDH089 and FSDH095 from the Filo Del Sol Project in San Juan, Argentina

New major risk - Revenue and earnings growth

Filo Corp. Discovers New High-Grade Zone At Bonita

Filo Corp. Fills the Gap Between Aurora and Bonita - Reports 1,430M At 0.55% CuEq

Companies Like Filo (TSE:FIL) Are In A Position To Invest In Growth

Filo Corp. Announces Assay Results from Hole FSDH084 Testing the Aurora Zone Along with a Summary of the Recent Geotechnical Drilling Program at the Filo Del Sol Project in San Juan, Argentina

Filo Corp. Extends Aurora 260M Northeast with 1,131m at 0.57% CuEq; Expands Bonita 700m East with 879m at 0.47% CuEq

Filo Corp. Announces Assay Results from Two Holes Testing the Aurora and Filo Zones At the Filo Del Sol Project in San Juan, Argentina

New minor risk - Insider selling

Independent Director recently sold CA$528k worth of stock

Independent Director exercised options to buy CA$4.1m worth of stock.

Filo Mining Corp. announced that it has received CAD 130.000012 million in funding from Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L., BHP Western Mining Resources International Pty Ltd, Lundin Family Trusts

Filo Mining Corp. announced that it expects to receive CAD 100.000011 million in funding from BHP Western Mining Resources International Pty Ltd, Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L.

Filo Mining Corp. announced that it expects to receive CAD 100.000011 million in funding from Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L., BHP Western Mining Resources International Pty Ltd, Lundin Family Trusts

Filo Mining Corp. Announces Assay Results from Holes Testing Four Different Zones At the Filo Del Sol Project in San Juan, Argentina

Non-Independent Director exercised options to buy CA$644k worth of stock.

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

President exercised options to buy CA$3.2m worth of stock.

Chairman of the Board exercised options to buy CA$9.8m worth of stock.

Filo Mining Corp. Announces Assay Results at Filo Del Sol Project in San Juan, Argentina

Non-Independent Director recently sold CA$139k worth of stock

Non-Independent Director recently sold CA$605k worth of stock

Price target increased to CA$28.82

Filo Mining Reports 1,028M At 1.16% Cueq, Including 172M At 2.14% Cueq

Vice President of Exploration recently bought CA$76k worth of stock

Filo Mining Reports 1,356m at 1.09% CuEq, Including 424m at 1.54% CuEq

High number of new directors

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

High number of new directors

Now 23% undervalued after recent price drop

Filo Mining Reports 1,132m at 1.11% CuEq in the Aurora Zone

High number of new directors

Filo Mining Corp. Announces Board Changes

President recently sold CA$478k worth of stock

Now 22% undervalued after recent price drop

Filo Mining Corp. Announces Executive Changes

President recently sold CA$381k worth of stock

Filo Mining Corp. Announces Results from Two Holes At the Filo Del Sol Project in San Juan, Argentina

Filo Mining Corp. Announces Drilling Campaign ExtFilo Mining Corp. ends High-Grade Mineralization and Discovers New Porphyry Centre

High number of new directors

We're Not Worried About Filo Mining's (TSE:FIL) Cash Burn

High number of new directors

Filo Mining Corp. Announces Board Changes

Chairman of the Board exercised options to buy CA$7.8m worth of stock.

Filo Mining Discovers New Porphyry Centre Two Kilometres Northeast of Breccia 41

Insider recently bought CA$83k worth of stock

Filo Mining Corp. Reports 1,338M of 1.33% Cueq, Including 24M of 13.30% Cueq

Filo Mining Corp. Announces Assay Results from the Ongoing Drill Program at the Filo Del Sol Project

Filo Mining Corp. Provides Assay Results from Hole FSDH057

Is There An Opportunity With Filo Mining Corp.'s (TSE:FIL) 31% Undervaluation?

Now 26% undervalued