Kerr Mines Inc. engages in the exploration and development of mineral properties in Canada and the United States.
Weak fundamentals or lack of information.
Share Price & News
How has Kerr Mines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KER has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: KER underperformed the Canadian Metals and Mining industry which returned 6.3% over the past year.
Return vs Market: KER underperformed the Canadian Market which returned 0.1% over the past year.
Price Volatility Vs. Market
How volatile is Kerr Mines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StShould You Take Comfort From Insider Transactions At Kerr Mines Inc. (TSE:KER)?
2 months ago | Simply Wall StWhat Percentage Of Kerr Mines Inc. (TSE:KER) Shares Do Insiders Own?
4 months ago | Simply Wall StAre Insiders Buying Kerr Mines Inc. (TSE:KER) Stock?
Is Kerr Mines 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 KER's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KER's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KER is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: KER 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 KER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KER is overvalued based on its PB Ratio (34.6x) compared to the CA Metals and Mining industry average (1.5x).
How is Kerr Mines 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 Kerr Mines 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 KER’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.
- Kerr Mines competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Kerr Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KER is currently unprofitable.
Growing Profit Margin: KER is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KER is unprofitable, but has reduced losses over the past 5 years at a rate of 20.3% per year.
Accelerating Growth: Unable to compare KER's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KER is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: KER has a negative Return on Equity (-728.73%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Kerr Mines's financial position?
Financial Position Analysis
Short Term Liabilities: KER's short term assets (CA$299.6K) do not cover its short term liabilities (CA$2.7M).
Long Term Liabilities: KER's short term assets (CA$299.6K) do not cover its long term liabilities (CA$13.9M).
Debt to Equity History and Analysis
Debt Level: KER's debt to equity ratio (1141.9%) is considered high.
Reducing Debt: KER's debt to equity ratio has increased from 64.8% to 1141.9% over the past 5 years.
Inventory Level: KER has a high level of physical assets or inventory.
Debt Coverage by Assets: KER's debt is not covered by short term assets (assets are 0x debt).
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: KER has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KER has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.6% each year.
What is Kerr Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate KER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate KER'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 KER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KER'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 KER'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 board tenure
Giulio Bonifacio (58yo)
Mr. Giulio T. Bonifacio, CPA, CGA serves as an Independent Director at Candente Copper Corporation since January 2020. He has been the Chief Executive Officer and Director of Kerr Mines Inc. since April 15 ...
CEO Compensation Analysis
Compensation vs Market: Giulio's total compensation ($USD526.50K) is above average for companies of similar size in the Canadian market ($USD156.06K).
Compensation vs Earnings: Insufficient data to compare Giulio's compensation with company performance.
|CEO & Director||0.8yrs||CA$700.37k||1.81% CA$676.0k|
|Executive Vice Chairman||0.8yrs||CA$44.15k||9.22% CA$3.4m|
|President & Director||2.8yrs||CA$340.90k||0.18% CA$66.3k|
|Independent Director||3.7yrs||no data||0.035% CA$13.0k|
|Independent Director||2.9yrs||no data||0.062% CA$23.2k|
|Independent Chairman of the Board||3.7yrs||no data||7.29% CA$2.7m|
|Director||3.7yrs||no data||0.39% CA$144.5k|
Experienced Board: KER's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 9.2%.
Kerr Mines Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Kerr Mines Inc.
- Ticker: KER
- Exchange: TSX
- Founded: 1984
- Industry: Gold
- Sector: Materials
- Market Cap: CA$37.366m
- Shares outstanding: 287.43m
- Website: https://www.kerrmines.com
Number of Employees
- Kerr Mines Inc.
- 18 King Street East
- Suite 902
- M5C 1C4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KER||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2006|
|KERM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2006|
|7AZ1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2006|
|0V2X||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Aug 2006|
Kerr Mines Inc. engages in the exploration and development of mineral properties in Canada and the United States. Its flagship property is the Copperstone gold mine, which encompasses approximately 47.7 square kilometers of mineral rights in La Paz County, Arizona. The company was formerly known as Armistice Resources Corp. and changed its name to Kerr Mines Inc. in January 2014. Kerr Mines Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:54|
|End of Day Share Price||2020/02/27 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.