Nighthawk Gold
Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. The last earnings update was 129 days ago. More info.
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- Nighthawk Gold has significant price volatility in the past 3 months.
NHK Share Price and Events
7 Day Returns
1 Year Returns
NHK Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Nighthawk Gold (NHK) | 0% | -15.2% | -24.7% | -44.2% | 235% | -25.6% |
| 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
- NHK underperformed the Metals and Mining industry which returned -5.9% over the past year.
- NHK underperformed the Market in Canada which returned 0.7% over the past year.
NHK Value
Is Nighthawk Gold 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.
- It is not possible to calculate the future cash flow value for Nighthawk Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.335.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Nighthawk Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Nighthawk Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in CAD | CA$-0.01 |
| TSX:NHK Share Price ** | TSX (2019-03-20) in CAD | CA$0.34 |
| 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 Nighthawk Gold.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSX:NHK Share Price ÷ EPS (both in CAD) = 0.34 ÷ -0.01 |
-23.87x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Nighthawk Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
- Nighthawk Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does
Nighthawk Gold's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -23.87x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 2 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 Nighthawk Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Nighthawk Gold's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in CAD | CA$0.39 |
| TSX:NHK Share Price * | TSX (2019-03-20) in CAD | CA$0.34 |
| 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 |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSX:NHK Share Price ÷ Book Value per Share (both in CAD) = 0.34 ÷ 0.39 |
0.87x |
* Primary Listing of Nighthawk Gold.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Nighthawk Gold is good value based on assets compared to the CA Metals and Mining industry average.
Value checks
We assess Nighthawk Gold's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Nighthawk Gold has a total score of 1/6, 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.
NHK Future Performance
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!
Earnings growth vs Low Risk Savings
- Unable to compare Nighthawk Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Nighthawk Gold's earnings growth to the Canada market average as no estimate data is available.
- Unable to compare Nighthawk Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
| 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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 0 | -25 | 1 | |
| 2019-12-31 | 0 | -25 | 1 | |
| 2018-12-31 | 0 | -3 | 1 |
| Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 0 | -3 | |
| 2018-06-30 | -2 | 0 | |
| 2018-03-31 | -1 | 0 | |
| 2017-12-31 | -2 | -3 | |
| 2017-09-30 | -4 | 3 | |
| 2017-06-30 | -2 | 2 | |
| 2017-03-31 | -3 | -3 | |
| 2016-12-31 | -4 | -1 | |
| 2016-10-31 | -2 | -9 | |
| 2016-07-31 | 0 | -9 | |
| 2016-04-30 | -1 | -2 | |
| 2016-01-31 | 0 | -2 | |
| 2015-10-31 | -1 | -3 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
All data from Nighthawk Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | ||||
| 2019-12-31 | ||||
| 2018-12-31 |
| Date (Data in CAD Millions) | EPS * |
|---|---|
| 2018-09-30 | -0.01 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | -0.02 |
| 2017-09-30 | 0.01 |
| 2017-06-30 | 0.01 |
| 2017-03-31 | -0.02 |
| 2016-12-31 | |
| 2016-10-31 | -0.10 |
| 2016-07-31 | -0.12 |
| 2016-04-30 | -0.03 |
| 2016-01-31 | -0.03 |
| 2015-10-31 | -0.04 |
*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 Nighthawk Gold will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
Future performance checks
We assess Nighthawk Gold's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Nighthawk Gold 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.
NHK Past Performance
How has Nighthawk Gold 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
Past Earnings growth analysis
- Nighthawk Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Nighthawk Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Nighthawk Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Nighthawk Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | -2.66 | 2.11 | ||
| 2018-06-30 | -0.35 | 1.33 | ||
| 2018-03-31 | -0.45 | 1.33 | ||
| 2017-12-31 | -3.12 | 3.19 | ||
| 2017-09-30 | 2.57 | 3.25 | ||
| 2017-06-30 | 2.36 | 3.13 | ||
| 2017-03-31 | -3.32 | 3.30 | ||
| 2016-12-31 | -1.01 | 1.20 | ||
| 2016-10-31 | -8.70 | 1.31 | ||
| 2016-07-31 | -8.55 | 1.24 | ||
| 2016-04-30 | -1.78 | 0.91 | ||
| 2016-01-31 | -1.68 | 0.86 | ||
| 2015-10-31 | -2.53 | 1.14 | ||
| 2015-07-31 | -2.59 | 1.20 | ||
| 2015-04-30 | -0.59 | 1.21 | ||
| 2015-01-31 | -0.71 | 1.30 | ||
| 2014-10-31 | -0.36 | 0.95 | ||
| 2014-07-31 | -0.38 | 0.94 | ||
| 2014-04-30 | -1.90 | 1.22 | ||
| 2014-01-31 | -2.16 | 1.29 | ||
| 2013-10-31 | -2.01 | 1.20 | ||
| 2013-07-31 | -2.21 | 1.28 | ||
| 2013-04-30 | -1.55 | 1.11 | ||
| 2013-01-31 | -1.35 | 1.07 | ||
| 2012-10-31 | -0.77 | 1.49 | ||
| 2012-07-31 | -0.73 | 1.55 | ||
| 2012-04-30 | -0.10 | 1.26 |
*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 Nighthawk Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Nighthawk Gold 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 Nighthawk Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Nighthawk Gold's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Nighthawk Gold 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.
NHK Health
How is Nighthawk Gold'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 Nighthawk Gold's finances.
The net worth of a company is the difference between its assets and liabilities.
- Nighthawk Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Nighthawk Gold's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Nighthawk Gold 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.
All data from Nighthawk Gold Company Filings, last reported 5 months ago.
| Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 74.81 | 0.00 | 16.42 |
| 2018-06-30 | 73.67 | 0.00 | 19.22 |
| 2018-03-31 | 74.45 | 0.00 | 25.51 |
| 2017-12-31 | 74.19 | 0.00 | 26.27 |
| 2017-09-30 | 74.20 | 0.00 | 27.82 |
| 2017-06-30 | 73.83 | 0.00 | 34.25 |
| 2017-03-31 | 74.11 | 0.00 | 37.09 |
| 2016-12-31 | 52.67 | 0.00 | 14.32 |
| 2016-10-31 | 44.40 | 0.00 | 4.63 |
| 2016-07-31 | 44.38 | 0.00 | 8.20 |
| 2016-04-30 | 38.07 | 0.84 | 0.25 |
| 2016-01-31 | 38.29 | 0.80 | 0.84 |
| 2015-10-31 | 39.57 | 0.00 | 0.75 |
| 2015-07-31 | 38.15 | 0.00 | 1.50 |
| 2015-04-30 | 39.75 | 0.00 | 2.06 |
| 2015-01-31 | 39.86 | 0.00 | 2.45 |
| 2014-10-31 | 39.69 | 0.00 | 3.64 |
| 2014-07-31 | 39.85 | 0.00 | 7.82 |
| 2014-04-30 | 31.67 | 0.00 | 1.26 |
| 2014-01-31 | 31.90 | 0.00 | 1.71 |
| 2013-10-31 | 31.95 | 0.00 | 2.25 |
| 2013-07-31 | 32.13 | 0.00 | 2.70 |
| 2013-04-30 | 32.94 | 0.00 | 3.04 |
| 2013-01-31 | 26.92 | 7.63 | 4.82 |
| 2012-10-31 | 27.13 | 7.26 | 5.43 |
| 2012-07-31 | 25.77 | 6.91 | 6.28 |
| 2012-04-30 | 26.79 | 6.58 | 11.93 |
- Nighthawk Gold has no debt.
- Nighthawk Gold 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.
- Nighthawk Gold has sufficient cash runway for 1.2 years based on current free cash flow.
- Nighthawk Gold has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 56.2% each year.
Financial health checks
We assess Nighthawk Gold's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Nighthawk Gold has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
NHK Dividends
What is Nighthawk Gold'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
If you bought
CA$2,000 of
Nighthawk Gold
shares you are expected to receive
CA$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Nighthawk Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Nighthawk Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Canada Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 28 Stocks | 1.2% |
| Canada Market Average Dividend Yield | Market Cap Weighted Average of 330 Stocks | 3.5% |
| Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Canada Bottom 25% Dividend Yield | 25th Percentile | 2% |
| Canada Top 25% Dividend Yield | 75th Percentile | 5.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in CA$) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 0.00 | 1.00 |
| 2019-12-31 | 0.00 | 1.00 |
| 2018-12-31 | 0.00 | 1.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Nighthawk Gold has not reported any payouts.
- Unable to verify if Nighthawk Gold's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Nighthawk Gold's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Nighthawk Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Nighthawk Gold 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.
NHK Management
CEO
| COMPENSATION | CA$851,251 |
| AGE | 59 |
| TENURE AS CEO | 3.3 years |
CEO Bio
Dr. Michael J. Byron, also known as Mike, Ph.D., PGeo, serves as the Chief Executive Officer and President of Golden Sierra Resources Inc. Dr. Byron has been Chief Executive Officer and President of Nighthawk Gold Corp. since November 6, 2015 and also serves as its Chief Geologist, developing Nighthawk's projects in the Northwest Territories and overseeing strategic gold property acquisitions and regional expansion. serves as a Consultant of Merc International Minerals Inc. He served as Vice President of Exploration at Falco Resources Ltd. from September 2012 to May 2015. He worked on Alto Paranaiba Volcanic Province in Brazil. He worked as a Consultant to mining companies in Cuba, Equador, Thailand and Sri Lanka. He served as the Chief Executive Officer and President of Merc International Minerals Inc. from September 2008 to August 30, 2010. He was a Consultant of Eagle Mountain Gold Corp. (formerly Stronghold Metals Inc.) since January 2011 and served as its Vice President of Exploration from August 2010 to January 2011. He helped form and served as the President of Ginguro Exploration Inc. from June 30, 2006 to March 23, 2009 and its Chief Executive Officer from February 6, 2007 to March 23, 2009. Dr. Byron served as Vice President of Exploration at Lake Shore Gold Corp. from June 9, 2003 to May 1, 2006 and was instrumental in the growth of it from its initial listing to the acquisition and development of the Timmins West Gold Deposit. At the time of his departure from Lake Shore Gold in May 2006, his legacy was three advanced exploration projects in the Timmins Gold Camp and more than 1.2 million ounces of gold outlined at the Timmins West property alone. He worked on a gold deposit within Timmins Gold Camp. He served as Vice President of Exploration at Aurora Platinum Corp., since June 2002. He served as an Exploration Manager of Aurora Platinum Corp. From May 2006 to October 2006, Dr. Byron was with Xtra-Gold Resources Corp., as a Consultant providing consulting services on their gold projects in Ghana and West Africa. He served as a Director of Xtra-Gold Resources Corp. from May 2006 to October 2006. He began his career as an Exploration Geologist with LAC Minerals and INCO Gold Inc. He managed exploration programs and geological studies for numerous major, mid-size and junior resource companies and research institutions, including Southwestern Resources Corp., Canabrava Diamond Corporation, Falconbridge Limited and Inco Limited. He worked for several exploration/mining companies in Ontario and in 1990 began a four year government funded (MNDM) contract to manage a litho-geo chemical and mapping study on the Whiskey Lake Greenstone Belt, east of Elliot Lake. As an Officer, Qualified Person and Director of several publically traded companies, he has overseen all exploration activities up to and including mining pre-feasibility studies; ensured compliance with mining and environmental regulations; developed and implemented work place safety/environmental policies and procedures; and spearheaded government and First Nation land access negotiations. He has been an Independent Director of Magna Terra Minerals Inc. (formerly known as Brionor Resources Inc.) since February 24, 2010. He has been a Director of Anaconda Mining Inc. since February 10, 2012 and Nighthawk Gold Corp. since November 6, 2015. He served as a Director of Falco Resources Ltd. since March 23, 2010 to May 2015. He served as a Director of Carrie Arran Resources Inc. from August 15, 2011 to November 9, 2015. He served as a Director of Ginguro Exploration Inc. from July 30, 2006 to March 23, 2009. He served as a Non-Executive Director of Kincora Copper Limited from June 22, 2007 to November 29, 2010. Dr. Byron has 26 years of domestic and international experience including years of research, field experience and senior management experience in gold, base-metal, magmatic nickel-copper-platinum group elements, rare earth elements, uranium, diamond and gemstone exploration, spanning employment within the mineral exploration industry, government and educational institutions. He is a Professional Geoscientist registered with The Association of Professional Geoscientists of Ontario. Dr. Byron holds a Doctorate of Science degree and Sc D in Geology from Carleton University. He completed his PhD from Carleton University in Ottawa in 1999. Dr. Byron obtained an M.Sc. and a B.Sc. in Geology from Laurentian University in Sudbury Ontario and Geneseo State University in Geneseo New York in 1990 and 1983, respectively.
CEO Compensation
- Mike's compensation has increased whilst company is loss making.
- Mike's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the Nighthawk Gold management team in years:
- The tenure for the Nighthawk Gold management team is about average.
Management Team
Mike Byron
President
CA$851K
59
3.3 yrs
Michael Leskovec
Chief Financial Officer
CA$476K
38
8.3 yrs
Suzette Ramcharan
Vice President of Corporate Development
2 yrs
Board of Directors Tenure
Average tenure and age of the Nighthawk Gold board of directors in years:
- The tenure for the Nighthawk Gold board of directors is about average.
Board of Directors
Morris Prychidny
Chairman
CA$191K
1.8 yrs
Mike Byron
President
CA$851K
59
10.5 yrs
Ernie Eves
Director
CA$168K
72
5.7 yrs
Luc Lessard
Director
CA$184K
54
5.7 yrs
Brian Howlett
Director
CA$173K
2.8 yrs
Brent Peters
Director
CA$174K
45
2.8 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Nighthawk Gold insiders in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14. Mar 19 | Buy | Northfield Capital Corporation | Company | 07. Mar 19 | 07. Mar 19 | 875,000 | CA$0.32 | CA$280,262 | ||
| 11. Mar 19 | Buy | Northfield Capital Corporation | Company | 06. Mar 19 | 06. Mar 19 | 215,000 | CA$0.35 | CA$75,895 | ||
| 28. Feb 19 | Buy | Brian Howlett | Individual | 28. Feb 19 | 28. Feb 19 | 15,000 | CA$0.39 | CA$5,850 | ||
| 04. Mar 19 | Buy | Northfield Capital Corporation | Company | 25. Feb 19 | 26. Feb 19 | 70,000 | CA$0.42 | CA$28,849 | ||
| 01. Mar 19 | Buy | Northfield Capital Corporation | Company | 25. Feb 19 | 25. Feb 19 | 50,000 | CA$0.42 | CA$20,616 | ||
| 22. Feb 19 | Buy | Northfield Capital Corporation | Company | 19. Feb 19 | 19. Feb 19 | 95,000 | CA$0.40 | CA$36,200 | ||
| 19. Feb 19 | Buy | Northfield Capital Corporation | Company | 12. Feb 19 | 12. Feb 19 | 20,000 | CA$0.39 | CA$7,728 | ||
| 15. Feb 19 | Buy | Morris Prychidny | Individual | 14. Feb 19 | 14. Feb 19 | 62,500 | CA$0.36 | CA$22,500 | ||
| 13. Feb 19 | Buy | Morris Prychidny | Individual | 13. Feb 19 | 13. Feb 19 | 36,500 | CA$0.38 | CA$13,687 | ||
| 11. Feb 19 | Buy | Northfield Capital Corporation | Company | 07. Feb 19 | 07. Feb 19 | 100,000 | CA$0.39 | CA$39,000 | ||
| 04. Feb 19 | Buy | Northfield Capital Corporation | Company | 29. Jan 19 | 31. Jan 19 | 75,000 | CA$0.42 | CA$30,905 | ||
| 01. Feb 19 | Buy | Northfield Capital Corporation | Company | 28. Jan 19 | 28. Jan 19 | 25,000 | CA$0.41 | CA$10,140 | ||
| 31. Jan 19 | Buy | Northfield Capital Corporation | Company | 28. Jan 19 | 28. Jan 19 | 1,300,000 | CA$0.37 | CA$474,501 | ||
| 30. Jan 19 | Buy | Northfield Capital Corporation | Company | 24. Jan 19 | 24. Jan 19 | 361,500 | CA$0.36 | CA$130,935 | ||
| 29. Jan 19 | Buy | Morris Prychidny | Individual | 28. Jan 19 | 28. Jan 19 | 75,000 | CA$0.41 | CA$30,750 | ||
| 28. Jan 19 | Buy | Northfield Capital Corporation | Company | 22. Jan 19 | 22. Jan 19 | 248,500 | CA$0.37 | CA$91,945 | ||
| 23. Jan 19 | Buy | Northfield Capital Corporation | Company | 18. Jan 19 | 18. Jan 19 | 25,000 | CA$0.39 | CA$9,718 | ||
| 22. Jan 19 | Buy | Northfield Capital Corporation | Company | 16. Jan 19 | 17. Jan 19 | 30,000 | CA$0.39 | CA$11,708 | ||
| 08. Jan 19 | Buy | Northfield Capital Corporation | Company | 07. Jan 19 | 07. Jan 19 | 40,000 | CA$0.45 | CA$17,937 | ||
| 03. Jan 19 | Buy | Northfield Capital Corporation | Company | 31. Dec 18 | 31. Dec 18 | 50,000 | CA$0.45 | CA$22,500 | ||
| 17. Dec 18 | Buy | Northfield Capital Corporation | Company | 06. Dec 18 | 06. Dec 18 | 15,500 | CA$0.37 | CA$5,735 | ||
| 29. Nov 18 | Buy | Northfield Capital Corporation | Company | 22. Nov 18 | 22. Nov 18 | 60,000 | CA$0.36 | CA$21,798 | ||
| 27. Nov 18 | Buy | Robert Cudney | Individual | 21. Nov 18 | 21. Nov 18 | 40,000 | CA$0.38 | CA$15,176 | ||
| 27. Nov 18 | Buy | Northfield Capital Corporation | Company | 19. Nov 18 | 19. Nov 18 | 64,000 | CA$0.38 | CA$24,160 | ||
| 23. Nov 18 | Buy | Northfield Capital Corporation | Company | 13. Nov 18 | 13. Nov 18 | 97,000 | CA$0.39 | CA$37,413 | ||
| 20. Nov 18 | Buy | Northfield Capital Corporation | Company | 02. Nov 18 | 07. Nov 18 | 93,000 | CA$0.39 | CA$36,465 | ||
| 08. Nov 18 | Buy | Brian Howlett | Individual | 08. Nov 18 | 08. Nov 18 | 11,000 | CA$0.41 | CA$4,455 | ||
| 02. Nov 18 | Buy | Northfield Capital Corporation | Company | 29. Oct 18 | 29. Oct 18 | 109,000 | CA$0.40 | CA$43,131 | ||
| 09. Oct 18 | Buy | Northfield Capital Corporation | Company | 01. Oct 18 | 01. Oct 18 | 581,500 | CA$0.36 | CA$212,247 | ||
| 03. Oct 18 | Buy | Brian Howlett | Individual | 03. Oct 18 | 03. Oct 18 | 4,000 | CA$0.44 | CA$1,740 | ||
| 24. Sep 18 | Buy | Northfield Capital Corporation | Company | 13. Sep 18 | 13. Sep 18 | 12,000 | CA$0.30 | CA$3,540 | ||
| 29. Aug 18 | Buy | Morris Prychidny | Individual | 27. Aug 18 | 27. Aug 18 | 30,000 | CA$0.39 | CA$11,700 | ||
| 24. Aug 18 | Buy | Northfield Capital Corporation | Company | 21. Aug 18 | 21. Aug 18 | 5,000 | CA$0.30 | CA$1,475 | ||
| 20. Aug 18 | Buy | Brian Howlett | Individual | 20. Aug 18 | 20. Aug 18 | 5,000 | CA$0.31 | CA$1,525 | ||
| 23. Aug 18 | Buy | Morris Prychidny | Individual | 21. Aug 18 | 21. Aug 18 | 13,500 | CA$0.33 | CA$4,387 | ||
| 22. Aug 18 | Buy | Northfield Capital Corporation | Company | 17. Aug 18 | 17. Aug 18 | 25,000 | CA$0.31 | CA$7,625 | ||
| 10. Aug 18 | Buy | Northfield Capital Corporation | Company | 07. Aug 18 | 07. Aug 18 | 25,000 | CA$0.36 | CA$8,875 | ||
| 09. Aug 18 | Buy | Northfield Capital Corporation | Company | 02. Aug 18 | 02. Aug 18 | 75,000 | CA$0.40 | CA$30,248 | ||
| 16. Jul 18 | Buy | Northfield Capital Corporation | Company | 11. Jul 18 | 11. Jul 18 | 1,194,608 | CA$0.37 | CA$436,033 | ||
| 14. Jul 18 | Buy | Morris Prychidny | Individual | 11. Jul 18 | 11. Jul 18 | 100,000 | CA$0.37 | CA$36,500 | ||
| 11. Jul 18 | Buy | Brian Howlett | Individual | 11. Jul 18 | 11. Jul 18 | 100,000 | CA$0.37 | CA$36,500 | ||
| 04. Jul 18 | Buy | Northfield Capital Corporation | Company | 27. Jun 18 | 27. Jun 18 | 30,000 | CA$0.42 | CA$12,675 | ||
| 22. Jun 18 | Buy | Northfield Capital Corporation | Company | 19. Jun 18 | 19. Jun 18 | 50,000 | CA$0.43 | CA$21,500 | ||
| 21. Jun 18 | Buy | Northfield Capital Corporation | Company | 18. Jun 18 | 18. Jun 18 | 85,000 | CA$0.45 | CA$38,497 | ||
| 20. Jun 18 | Buy | Northfield Capital Corporation | Company | 15. Jun 18 | 15. Jun 18 | 16,500 | CA$0.46 | CA$7,648 | ||
| 19. Jun 18 | Buy | Northfield Capital Corporation | Company | 13. Jun 18 | 13. Jun 18 | 79,500 | CA$0.47 | CA$37,580 | ||
| 12. Jun 18 | Buy | Northfield Capital Corporation | Company | 06. Jun 18 | 06. Jun 18 | 29,500 | CA$0.48 | CA$14,160 | ||
| 31. May 18 | Buy | Northfield Capital Corporation | Company | 24. May 18 | 24. May 18 | 14,000 | CA$0.48 | CA$6,720 | ||
| 28. May 18 | Buy | Northfield Capital Corporation | Company | 22. May 18 | 22. May 18 | 365,000 | CA$0.50 | CA$182,500 | ||
| 17. May 18 | Buy | Brian Howlett | Individual | 17. May 18 | 17. May 18 | 20,000 | CA$0.57 | CA$11,400 | ||
| 12. Apr 18 | Buy | Brian Howlett | Individual | 11. Apr 18 | 11. Apr 18 | 20,000 | CA$0.64 | CA$12,800 | ||
Management checks
We assess Nighthawk Gold's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Nighthawk Gold 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.
NHK News
Simply Wall St News
How Nighthawk Gold Corp. (TSE:NHK) Can Impact Your Portfolio Volatility
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Simply Wall St - – Full articleCould Nighthawk Gold Corp's (TSE:NHK) Investor Composition Influence The Stock Price?
Every investor in Nighthawk Gold Corp (TSE:NHK) should be aware of the most powerful shareholder groups. … Nighthawk Gold is a smaller company with a market capitalization of CA$76m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.
Simply Wall St - – Full articleWho Are Nighthawk Gold Corp's (TSE:NHK) Major Shareholders?
In this article, I'm going to take a look at Nighthawk Gold Corp’s (TSE:NHK) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … View out our latest analysis for Nighthawk Gold
Simply Wall St - – Full articleNHK Company Info
Description
Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. It owns a 100% interest in the Indin Lake Gold property covering an area of 222,203 acres located to the north of Yellowknife, the Northwest Territories, as well as Colomac Gold Project. The company was formerly known as Merc International Minerals Inc. and changed its name to Nighthawk Gold Corp. in April 2012. Nighthawk Gold Corp. was incorporated in 2004 and is headquartered in Toronto, Canada.
Details
| Name: | Nighthawk Gold Corp. |
| NHK | |
| Exchange: | TSX |
| Founded: | 2004 |
| CA$64,891,508 | |
| 193,705,996 | |
| Website: | http://www.nighthawkgold.com |
| Address: |
Nighthawk Gold Corp. 141 Adelaide Street West, Suite 301, Toronto, Ontario, M5H 3L5, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSX | NHK | Common Shares | The Toronto Stock Exchange | CA | CAD | 08. Sep 2006 | |
| OTCPK | MIMZ.F | Common Shares | Pink Sheets LLC | US | USD | 08. Sep 2006 | |
| DB | M2M1 | Common Shares | Deutsche Boerse AG | DE | EUR | 08. Sep 2006 | |
| TSXV | NHK | Common Shares | TSX Venture Exchange | CA | CAD | 08. Sep 2006 |
Number of employees
Current staff
Industry
| Gold | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 00:07 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/03/19 |
| Last earnings filing: | 2018/11/12 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
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.
