TSX:MYA

Stock Analysis Report

Maya Gold and Silver

Executive Summary

Maya Gold and Silver Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mining properties in Morocco.

Snowflake

Fundamentals

Flawless balance sheet with poor track record.

Share Price & News

How has Maya Gold and Silver's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

12.5%

MYA

0.1%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-30.0%

MYA

12.3%

CA Metals and Mining

1.1%

CA Market

Return vs Industry: MYA underperformed the Canadian Metals and Mining industry which returned 12.3% over the past year.

Return vs Market: MYA underperformed the Canadian Market which returned 1.1% over the past year.


Shareholder returns

MYAIndustryMarket
7 Day12.5%0.1%-0.2%
30 Day-9.1%-5.2%-3.3%
90 Day-10.0%-4.8%-1.6%
1 Year-30.0%-30.0%13.2%12.3%4.6%1.1%
3 Year250.0%250.0%-11.5%-13.1%13.1%3.1%
5 Year92.9%92.9%7.5%3.4%24.7%6.7%

Price Volatility Vs. Market

How volatile is Maya Gold and Silver's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Maya Gold and Silver undervalued compared to its fair value and its price relative to the market?

115.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: MYA (CA$1.89) is trading above our estimate of fair value (CA$0.84)

Significantly Undervalued: MYA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MYA is poor value based on its PE Ratio (115.5x) compared to the Metals and Mining industry average (13.6x).

PE vs Market: MYA is poor value based on its PE Ratio (115.5x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate MYA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MYA is overvalued based on its PB Ratio (2.7x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Maya Gold and Silver forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.8%

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 Maya Gold and Silver 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 Maya Gold and Silver performed over the past 5 years?

37.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MYA has become profitable over the past 5 years, growing earnings by 37.2% per year.

Accelerating Growth: MYA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MYA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: MYA's Return on Equity (2.3%) is considered low.


Return on Assets

ROA vs Industry: MYA's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: MYA's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Maya Gold and Silver's financial position?


Financial Position Analysis

Short Term Liabilities: MYA's short term assets ($20.9M) exceeds its short term liabilities ($4.8M)

Long Term Liabilities: MYA's short term assets (20.9M) exceeds its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: MYA's debt to equity ratio (0.1%) is considered satisfactory

Reducing Debt: MYA's debt to equity ratio has reduced from 71.2% to 0.1% over the past 5 years.

Debt Coverage: MYA's debt is well covered by operating cash flow (4636%).

Interest Coverage: MYA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: MYA has a high level of physical assets or inventory.

Debt Coverage by Assets: MYA's debt is covered by short term assets (assets are 358.970420x debt).


Next Steps

Dividend

What is Maya Gold and Silver's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate MYA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MYA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MYA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MYA'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 MYA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Maya Gold and Silver's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average board tenure


CEO

Noureddine Mokaddem 0

2.3yrs

Tenure

US$1,008,506

Compensation

Mr. Noureddine Mokaddem serves as Chairman of the Board at Maya Gold and Silver Inc. since June 13, 2019. He was the President of Maya Gold & Silver Inc. from January 30, 2013 until June 13, 2019. He serve ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Noureddine's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Noureddine's compensation has been consistent with company performance over the past year.


Board Age and Tenure

3.3yrs

Average Tenure

72yo

Average Age

Experienced Board: MYA's board of directors are considered experienced (3.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$4,27707 May 19
Nikolaos Sofronis
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$2.14
BuyUS$66,30006 May 19
Robert Taub
EntityIndividual
Role
Member of the Board of Directors
Director
Shares30,000
Max PriceUS$2.21
BuyUS$29,86615 Apr 19
Robert Taub
EntityIndividual
Role
Member of the Board of Directors
Director
Shares13,300
Max PriceUS$2.27
BuyUS$75,71421 Feb 19
Robert Taub
EntityIndividual
Role
Member of the Board of Directors
Director
Shares31,700
Max PriceUS$2.44
BuyUS$10,12818 Feb 19
Robert Taub
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,800
Max PriceUS$2.11
BuyUS$18,10019 Dec 18
Robert Taub
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceUS$1.81
BuyUS$9,50417 Dec 18
Robert Taub
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,400
Max PriceUS$1.76
BuyUS$11,25518 Nov 18
Nikolaos Sofronis
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$2.28

Ownership Breakdown


Management Team

  • Christian Derosier

    Vice President of Exploration

    • Tenure: 10.5yrs
  • René Branchaud (59yo)

    Corporate Secretary & Director

    • Tenure: 11.7yrs
    • Compensation: US$13.50k
  • Noureddine Mokaddem

    Founder

    • Tenure: 2.3yrs
    • Compensation: US$1.01m

Board Members

  • Mac Watson (83yo)

    Member of the Advisory Board

    • Tenure: 9.1yrs
    • Compensation: US$7.62k
  • René Branchaud (59yo)

    Corporate Secretary & Director

    • Tenure: 11.7yrs
    • Compensation: US$13.50k
  • Robert Taub (72yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: US$670.50k
  • Noureddine Mokaddem

    Founder

    • Tenure: 2.3yrs
    • Compensation: US$1.01m
  • Raymond Wong

    Independent Director

    • Tenure: 11.5yrs
    • Compensation: US$10.50k
  • Elena Clarici

    Director

    • Tenure: 1.3yrs
    • Compensation: US$62.55k
  • Nikolaos Sofronis

    Director

    • Tenure: 3.3yrs
    • Compensation: US$11.50k

Company Information

Maya Gold and Silver Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maya Gold and Silver Inc.
  • Ticker: MYA
  • Exchange: TSX
  • Founded: 2007
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$150.542m
  • Shares outstanding: 79.65m
  • Website: https://www.mayagoldsilver.com

Number of Employees


Location

  • Maya Gold and Silver Inc.
  • 1250 René-Lévesque
  • Suite 2200
  • Montréal
  • Quebec
  • H3B 4W8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MYATSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2008
MYAG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2008

Biography

Maya Gold and Silver Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mining properties in Morocco. It explores for gold, silver, zinc, lead, tu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:07
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.