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Nemaska Lithium

TSX:NMX
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NMX
TSX
CA$288M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Nemaska Lithium Inc. operates as a developing chemical company in Canada. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Nemaska Lithium has significant price volatility in the past 3 months.
NMX Share Price and Events
7 Day Returns
-2.9%
TSX:NMX
2.1%
CA Metals and Mining
-0.2%
CA Market
1 Year Returns
-73.8%
TSX:NMX
-3.9%
CA Metals and Mining
2.5%
CA Market
NMX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nemaska Lithium (NMX) -2.9% -2.9% -39.3% -73.8% -49.3% 223.8%
CA Metals and Mining 2.1% -0.3% 11.6% -3.9% 15.3% -18.6%
CA Market -0.2% 0.4% 16.2% 2.5% 16.9% 5.1%
1 Year Return vs Industry and Market
  • NMX underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • NMX underperformed the Market in Canada which returned 2.5% over the past year.
Price Volatility
NMX
Industry
5yr Volatility vs Market

NMX Value

 Is Nemaska Lithium 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Nemaska Lithium. This is due to cash flow or dividend data being unavailable. The share price is CA$0.34.
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 Nemaska Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nemaska Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:NMX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.02
TSX:NMX Share Price ** TSX (2019-03-25) in CAD CA$0.34
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 11.44x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nemaska Lithium.

TSX:NMX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:NMX Share Price ÷ EPS (both in CAD)

= 0.34 ÷ -0.02

-14.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nemaska Lithium is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Nemaska Lithium is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Nemaska Lithium's expected growth come at a high price?
Raw Data
TSX:NMX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
69.2%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Nemaska Lithium, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nemaska Lithium's assets?
Raw Data
TSX:NMX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.70
TSX:NMX Share Price * TSX (2019-03-25) in CAD CA$0.34
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSX:NMX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:NMX Share Price ÷ Book Value per Share (both in CAD)

= 0.34 ÷ 0.70

0.48x

* Primary Listing of Nemaska Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nemaska Lithium is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Nemaska Lithium's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Nemaska Lithium 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.

NMX Future Performance

 How is Nemaska Lithium expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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!
Annual Growth Rate
69.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nemaska Lithium expected to grow at an attractive rate?
  • Nemaska Lithium's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Nemaska Lithium's earnings growth is expected to exceed the Canada market average.
  • Unable to compare Nemaska Lithium's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:NMX Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:NMX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 69.2%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
Raw Data
TSX:NMX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:NMX Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 438 142 1
2022-06-30 440 140 168 3
2021-06-30 299 206 172 3
2020-06-30 88 31 98 3
2019-06-30 0 -13 -55 4
TSX:NMX Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -14 -15
2018-09-30 -11 -16
2018-06-30 -6 -12
2018-03-31 -8 -4
2017-12-31 -9 -12
2017-09-30 -8 -11
2017-06-30 -8 -10
2017-03-31 -6 -5
2016-12-31 -5 -3
2016-09-30 -3 -1
2016-06-30 -3 -1
2016-03-31 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nemaska Lithium's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Nemaska Lithium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:NMX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Nemaska Lithium Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:NMX Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30 0.20 0.20 0.20 1.00
2021-06-30 0.14 0.14 0.14 1.00
2020-06-30 -0.07 -0.07 -0.07 1.00
2019-06-30 -0.06 -0.06 -0.06 1.00
TSX:NMX Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.01
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 0.00
2016-03-31 -0.01

*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 Nemaska Lithium will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Nemaska Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nemaska Lithium has a total score of 3/6, 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.

NMX Past Performance

  How has Nemaska Lithium 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
Below we compare Nemaska Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nemaska Lithium does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Nemaska Lithium's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Nemaska Lithium's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Nemaska Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nemaska Lithium Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:NMX Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -15.22 18.14
2018-09-30 -15.81 16.52
2018-06-30 -12.07 15.52
2018-03-31 -3.84 9.51
2017-12-31 -11.51 9.38
2017-09-30 -11.23 9.85
2017-06-30 -10.04 9.00
2017-03-31 -4.57 9.90
2016-12-31 -2.96 8.24
2016-09-30 -1.32 6.63
2016-06-30 -0.58 5.88
2016-03-31 -2.46 2.28
2015-12-31 -2.65 2.53
2015-09-30 -1.92 1.81
2015-06-30 -2.04 1.74
2015-03-31 -2.02 1.72
2014-12-31 -1.65 1.32
2014-09-30 -3.04 1.40
2014-06-30 -2.86 1.33
2014-03-31 -3.31 1.35
2013-12-31 -3.71 1.65
2013-09-30 -2.55 1.73
2013-06-30 -2.80 1.98
2013-03-31 -6.08 1.97
2012-12-31 -6.00 1.83
2012-09-30 -5.95 1.74
2012-06-30 -6.13 1.59
2012-03-31 -0.94 1.81

*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 Nemaska Lithium has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Nemaska Lithium 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 Nemaska Lithium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Nemaska Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nemaska Lithium 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.

NMX Health

 How is Nemaska Lithium'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 Nemaska Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nemaska Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nemaska Lithium's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Nemaska Lithium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
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.
Raw Data

All data from Nemaska Lithium Company Filings, last reported 2 months ago.

TSX:NMX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 594.22 583.51 368.47
2018-09-30 595.22 549.87 421.07
2018-06-30 599.97 1.70 371.19
2018-03-31 169.69 1.70 21.25
2017-12-31 163.21 1.70 34.19
2017-09-30 152.16 1.70 41.80
2017-06-30 154.45 1.70 66.57
2017-03-31 109.13 1.70 32.92
2016-12-31 109.76 2.00 56.11
2016-09-30 112.67 2.00 78.25
2016-06-30 47.71 2.00 19.56
2016-03-31 31.47 0.00 6.52
2015-12-31 28.87 0.00 2.72
2015-09-30 27.51 0.00 2.16
2015-06-30 26.50 0.00 1.63
2015-03-31 26.95 0.00 2.53
2014-12-31 25.08 0.00 1.32
2014-09-30 24.22 0.00 1.25
2014-06-30 24.10 0.00 1.10
2014-03-31 21.18 0.00 0.57
2013-12-31 21.47 0.00 1.45
2013-09-30 21.12 0.00 1.01
2013-06-30 21.47 0.00 2.45
2013-03-31 18.89 0.00 1.09
2012-12-31 19.53 0.00 1.70
2012-09-30 19.67 0.00 3.13
2012-06-30 20.06 0.00 4.57
2012-03-31 22.40 0.00 5.19
  • Nemaska Lithium's level of debt (98.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 98.2% today).
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.

  • Nemaska Lithium has sufficient cash runway for 2.5 years based on current free cash flow.
  • Nemaska Lithium has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 70% each year.
X
Financial health checks
We assess Nemaska Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nemaska Lithium has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

NMX Dividends

 What is Nemaska Lithium'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
Dividend payments
0%
Current annual income from Nemaska Lithium dividends.
If you bought CA$2,000 of Nemaska Lithium shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nemaska Lithium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nemaska Lithium'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.
Raw Data
TSX:NMX Annualized Past and Future Dividends
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 4 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:NMX Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nemaska Lithium has not reported any payouts.
  • Unable to verify if Nemaska Lithium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nemaska Lithium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nemaska Lithium has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nemaska Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nemaska Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nemaska Lithium 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.

NMX Management

 What is the CEO of Nemaska Lithium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Guy Bourassa
COMPENSATION CA$1,765,645
AGE 60
TENURE AS CEO 11.2 years
CEO Bio

Mr. Guy G. Bourassa has been the President and Chief Executive Officer of Nemaska Lithium Inc. (formerly known as Nemaska Exploration Inc.) since 2008 and served as its Secretary. Mr. Bourassa has been Secretary of Monarch Gold Corporation (Monarques Gold Corporation) since March 31, 2011. He served as the Chief Executive Officer and President of Monarques Resources Inc. from March 31, 2011 to October 10, 2012. He served as the President of Radisson Mining Resources Inc. from November 1988 to June 1991, President and Dufresnoy Industrial Minerals Inc. from 1994 to 1996 and served as Corporate Secretary of Mazarin Mining Corporation from September 1991 to June 1994. He was called to the Quebec Bar in 1983. From June 2004 to October 2007, he served as the Chairman and Chief Executive Officer of T-Rex Vehicles Inc. From June 2002 to June 2004, he served as the Chief Executive Officer of Concepts Win Inc., a subsidiary of DEQ Systems Corp. From September 2000 to June 2002, he was corporate counsel with LBJ Partners Inc. He served as the Chairman and Chief Executive Officer of TMI Éducaction.com Inc. He served as Corporate Secretary of Mazarin Mining Corporation from September 1991 to June 1994. From 1996 to 2000, he was an associate with the Quebec City law firm Flynn, Rivard S.E.N.C. He served as the Chairman of the Board at Ergoresearch Ltd. until October 2003 and also served as its Director. He has been a Director of Nouveau Monde Graphite Inc. since February 6, 2017. He serves as a Director of Thebex Inc. Mr. Bourassa has been a Director of Monarques Resources Inc. since March 31, 2011 and Nemaska Lithium Inc. since May 16, 2007. He served as a Director of Radisson Mining Resources Inc. from 1985 to 1991 and Dufresnoy Industrial Minerals Inc. from 1994 to 1996. Mr. Bourassa graduated in Law from the Université Laval, Quebec in 1983. Mr. Bourassa is a lawyer.

CEO Compensation
  • Guy's compensation has increased whilst company is loss making.
  • Guy's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Nemaska Lithium management team in years:

4.3
Average Tenure
60
Average Age
  • The tenure for the Nemaska Lithium management team is about average.
Management Team

Guy Bourassa

TITLE
President
COMPENSATION
CA$2M
AGE
60
TENURE
11.2 yrs

Steve Nadeau

TITLE
Chief Financial Officer
COMPENSATION
CA$959K
AGE
49
TENURE
10.8 yrs

Marc Dagenais

TITLE
VP of Legal Affairs & Corporate Secretary
COMPENSATION
CA$772K
TENURE
2.5 yrs

Chantal Francoeur

TITLE
Vice President of Human Resources & Organizational Development
COMPENSATION
CA$407K
TENURE
2.4 yrs

Robert Beaulieu

TITLE
Vice President of Operations
AGE
64
TENURE
0.2 yrs

Gary Pearse

TITLE
Technical Consultant

Jean Magnan

TITLE
Technical Manager
TENURE
6.1 yrs
Board of Directors Tenure

Average tenure and age of the Nemaska Lithium board of directors in years:

3.3
Average Tenure
61
Average Age
  • The tenure for the Nemaska Lithium board of directors is about average.
Board of Directors

Michel Baril

TITLE
Chairman of the Board
COMPENSATION
CA$1M
AGE
63
TENURE
10.4 yrs

Guy Bourassa

TITLE
President
COMPENSATION
CA$2M
AGE
60
TENURE
11.8 yrs

Paul-Henri Couture

TITLE
Director
COMPENSATION
CA$557K
AGE
62
TENURE
5.7 yrs

François Biron

TITLE
Independent Director
COMPENSATION
CA$556K
TENURE
3.3 yrs

Pat Godin

TITLE
Director
COMPENSATION
CA$134K
TENURE
0.8 yrs

Sean Miwa

TITLE
Director
TENURE
0.8 yrs

Vanessa Laplante

TITLE
Independent Director
TENURE
0.3 yrs

Jacques Mallette

TITLE
Director
AGE
60

Luc Séguin

TITLE
Director
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Nemaska Lithium insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
24. Jan 19 Buy Chantal Francoeur Individual 22. Jan 19 22. Jan 19 28,000 CA$0.67 CA$18,760
17. Jan 19 Sell Chantal Francoeur Individual 15. Jan 19 15. Jan 19 -28,000 CA$0.69 CA$-19,320
08. Jan 19 Buy Chantal Francoeur Individual 07. Jan 19 07. Jan 19 68,000 CA$0.72 CA$48,960
21. Dec 18 Buy Vanessa Laplante Individual 19. Dec 18 19. Dec 18 14,300 CA$0.70 CA$10,010
19. Dec 18 Buy Guy Bourassa Individual 17. Dec 18 17. Dec 18 5,000 CA$0.72 CA$3,600
11. Dec 18 Buy Guy Bourassa Individual 10. Dec 18 10. Dec 18 5,500 CA$0.72 CA$3,960
27. Nov 18 Buy Guy Bourassa Individual 27. Nov 18 27. Nov 18 9,500 CA$0.74 CA$7,030
22. Nov 18 Buy Guy Bourassa Individual 21. Nov 18 21. Nov 18 5,000 CA$0.78 CA$3,900
21. Nov 18 Buy Guy Bourassa Individual 21. Nov 18 21. Nov 18 4,000 CA$0.79 CA$3,160
25. Oct 18 Buy Guy Bourassa Individual 25. Oct 18 25. Oct 18 11,000 CA$0.71 CA$7,800
18. Oct 18 Buy Guy Bourassa Individual 18. Oct 18 18. Oct 18 10,000 CA$0.73 CA$7,300
25. Jul 18 Buy Guy Bourassa Individual 25. Jul 18 25. Jul 18 10,000 CA$0.80 CA$8,000
15. Jun 18 Buy Guy Bourassa Individual 14. Jun 18 15. Jun 18 40,000 CA$0.93 CA$36,615
14. Jun 18 Buy Guy Bourassa Individual 14. Jun 18 14. Jun 18 20,000 CA$0.95 CA$19,000
11. Jun 18 Buy Guy Bourassa Individual 11. Jun 18 11. Jun 18 23,000 CA$0.98 CA$22,540
08. Jun 18 Buy Guy Bourassa Individual 08. Jun 18 08. Jun 18 23,500 CA$0.98 CA$23,030
07. Jun 18 Buy Guy Bourassa Individual 07. Jun 18 07. Jun 18 3,500 CA$0.98 CA$3,430
31. May 18 Buy Paul-Henri Couture Individual 31. May 18 31. May 18 87,500 CA$1.05 CA$91,075
30. May 18 Buy Investissement Québec, Investment Arm Company 30. May 18 30. May 18 80,000,000 CA$1.00 CA$79,999,954
X
Management checks
We assess Nemaska Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nemaska Lithium 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.

NMX News

Simply Wall St News

The Nemaska Lithium (TSE:NMX) Share Price Has Gained 146%, So Why Not Pay It Some Attention?

With zero revenue generated over twelve months, we Nemaska Lithium has proved its business plan yet. … It seems likely some shareholders believe that Nemaska Lithium will find or develop a valuable new mine before too long. … Some Nemaska Lithium investors have already had a taste of the sweet taste stocks like this can leave in the mouth, as they gain popularity and attract speculative capital.

Simply Wall St -

Have Insiders Been Buying Nemaska Lithium Inc. (TSE:NMX) Shares This Year?

We often see insiders buying up shares in companies that perform well over the long term. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … That means that an insider was happy to buy shares at above the current price

Simply Wall St -

Can We See Significant Institutional Ownership On The Nemaska Lithium Inc. (TSE:NMX) Share Register?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that used to be publicly owned tend to have lower insider ownership. … Nemaska Lithium is not a large company by global standards.

Simply Wall St -

Nemaska Lithium Inc (TSE:NMX): When Will It Breakeven?

As path to profitability is the topic on NMX’s investors mind, I’ve decided to gauge market sentiment. … In this article, I will touch on the expectations for NMX’s growth and when analysts expect the company to become profitable … View our latest analysis for Nemaska Lithium

Simply Wall St -

Nemaska Lithium Inc's (TSE:NMX) Profit Outlook

Nemaska Lithium Inc's (TSE:NMX):. … engages in the exploration and evaluation of lithium hard rock mining properties in Canada. … See our latest analysis for Nemaska Lithium

Simply Wall St -

Should You Buy Nemaska Lithium Inc (TSE:NMX) Now?

Nemaska Lithium Inc (TSX:NMX), a metals and mining company based in Canada, saw a decent share price growth in the teens level on the TSX over the last few months. … Since Nemaska Lithium’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. … TSX:NMX Future Profit Feb 8th 18 Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio.

Simply Wall St -

How Financially Strong Is Nemaska Lithium Inc (TSX:NMX)?

NMX's debt levels have fallen from CA$2M to CA$2M over the last 12 months , which is mainly comprised of near term debt. … With this debt repayment, NMX's cash and short-term investments stands at CA$67M for investing into the business. … Although NMX’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

NMX Company Info

Description

Nemaska Lithium Inc. operates as a developing chemical company in Canada. The company focuses on integrating activities from spodumene mining to the commercialization of lithium hydroxide and lithium carbonate. It owns 100% interests in the Whabouchi property that consists of 33 claims covering an area of 1,716 hectares located in the Eeyou Istchee/James Bay area of Quebec province. The company was formerly known as Nemaska Exploration Inc. and changed its name to Nemaska Lithium Inc. in November 2011. Nemaska Lithium Inc. was incorporated in 2007 and is headquartered in Quebec City, Canada.

Details
Name: Nemaska Lithium Inc.
NMX
Exchange: TSX
Founded: 2007
CA$288,178,674
847,584,338
Website: http://www.nemaskalithium.com
Address: Nemaska Lithium Inc.
450, rue de la Gare du Palais,
1st Floor,
Quebec City,
Quebec, G1K 3X2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX NMX Common Shares The Toronto Stock Exchange CA CAD 20. Jan 2010
OTCPK NMKE.F Common Shares Pink Sheets LLC US USD 20. Jan 2010
DB N0T Common Shares Deutsche Boerse AG DE EUR 20. Jan 2010
BST N0T Common Shares Boerse-Stuttgart DE EUR 20. Jan 2010
LSE 0V8H Common Shares London Stock Exchange GB CAD 20. Jan 2010
Number of employees
Current staff
Staff numbers
83
Nemaska Lithium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/26 00:20
End of day share price update: 2019/03/25 00:00
Last estimates confirmation: 2019/03/05
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.