Nickel Creek Platinum Corp. engages in the exploration and development of nickel and platinum group metals in North America.
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Adequate balance sheet and overvalued.
Share Price & News
How has Nickel Creek Platinum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NCP's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: NCP exceeded the Canadian Metals and Mining industry which returned 4.9% over the past year.
Return vs Market: NCP exceeded the Canadian Market which returned 0.5% over the past year.
Price Volatility Vs. Market
How volatile is Nickel Creek Platinum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Institutions Own Nickel Creek Platinum Corp. (TSE:NCP) Shares?
3 months ago | Simply Wall StWe Think Nickel Creek Platinum (TSE:NCP) Needs To Drive Business Growth Carefully
8 months ago | Simply Wall StIf You Had Bought Nickel Creek Platinum (TSE:NCP) Stock Five Years Ago, You'd Be Sitting On A 94% Loss, Today
Is Nickel Creek Platinum 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 NCP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NCP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NCP is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: NCP 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 NCP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NCP is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (1.5x).
How is Nickel Creek Platinum 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 Nickel Creek Platinum 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.
- Examine Nickel Creek Platinum's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Nickel Creek Platinum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Nickel Creek Platinum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCP is currently unprofitable.
Growing Profit Margin: NCP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NCP is unprofitable, and losses have increased over the past 5 years at a rate of -18% per year.
Accelerating Growth: Unable to compare NCP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NCP 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: NCP has a negative Return on Equity (-13.01%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Nickel Creek Platinum's financial position?
Financial Position Analysis
Short Term Liabilities: NCP's short term assets (CA$1.9M) exceed its short term liabilities (CA$520.5K).
Long Term Liabilities: NCP's short term assets (CA$1.9M) exceed its long term liabilities (CA$640.0K).
Debt to Equity History and Analysis
Debt Level: NCP is debt free.
Reducing Debt: NCP has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Inventory Level: NCP has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NCP'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: NCP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCP has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.8% each year.
What is Nickel Creek Platinum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NCP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NCP'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 NCP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NCP'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 NCP'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 management tenure
Diane Garrett (58yo)
Dr. Diane Renee Garrett, MA, M.Sc., Ph.D., Mineral Economics, Eng., has been an Independent Director of Novagold Resources Inc. since May 4, 2018. Dr. Garrett serves as Advisor of Revival Gold Inc. since D ...
CEO Compensation Analysis
Compensation vs Market: Diane's total compensation ($USD540.65K) is above average for companies of similar size in the Canadian market ($USD155.12K).
Compensation vs Earnings: Diane's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||3.5yrs||CA$350.00k||0.16% CA$41.9k|
|Senior VP & COO||2.5yrs||CA$378.00k||0.13% CA$34.5k|
|Chief Geologist||2.6yrs||no data||no data|
Experienced Management: NCP's management team is considered experienced (3 years average tenure).
|Independent Director||4.4yrs||CA$65.00k||0.074% CA$19.0k|
|Independent Director||3.9yrs||CA$71.00k||no data|
|Independent Director||3.9yrs||CA$65.00k||no data|
|Independent Director||8yrs||CA$56.00k||0.022% CA$5.7k|
|Independent Chairman of the Board||5.4yrs||CA$96.80k||0.092% CA$23.8k|
|Board Observer||4.1yrs||no data||no data|
Experienced Board: NCP's board of directors are considered experienced (4.1 years average tenure).
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 2.7%.
Nickel Creek Platinum Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Nickel Creek Platinum Corp.
- Ticker: NCP
- Exchange: TSX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$25.787m
- Shares outstanding: 271.45m
- Website: https://www.nickelcreekplatinum.com
Number of Employees
- Nickel Creek Platinum Corp.
- 666 Burrard Street
- Suite 1700
- British Columbia
- V6C 2X8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NCP||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||May 2011|
|P94P||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2011|
|NCPC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2011|
Nickel Creek Platinum Corp. engages in the exploration and development of nickel and platinum group metals in North America. It also explores for copper, cobalt, and gold deposits. The company’s flagship asset is its 100% owned Nickel Shäw project located in the south west of Yukon Territory, Canada. The company was formerly known as Wellgreen Platinum Ltd. and changed its name to Nickel Creek Platinum Corp. in January 2018. Nickel Creek Platinum Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 01:39|
|End of Day Share Price||2020/02/25 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.