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Balto Resources

TSXV:BAL.H
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BAL.H
TSXV
CA$8M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Balto Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. The last earnings update was 21 days ago. More info.


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  • Balto Resources has significant price volatility in the past 3 months.
BAL.H Share Price and Events
7 Day Returns
53.3%
TSXV:BAL.H
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-20.7%
TSXV:BAL.H
-5.9%
CA Metals and Mining
0.7%
CA Market
BAL.H Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Balto Resources (BAL.H) 53.3% 4.5% - -20.7% - 1050%
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
  • BAL.H underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • BAL.H underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
BAL.H
Industry
5yr Volatility vs Market

Value

 Is Balto Resources 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.

In this section, we usually try to help investors determine whether Balto Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Balto Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Balto Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.115.
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 Balto Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Balto Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BAL.H PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.00
TSXV:BAL.H Share Price ** TSXV (2019-03-19) in CAD CA$0.12
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 Balto Resources.

TSXV:BAL.H PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BAL.H Share Price ÷ EPS (both in CAD)

= 0.12 ÷ 0.00

-23.18x

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

  • Balto Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Balto Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Balto Resources's expected growth come at a high price?
Raw Data
TSXV:BAL.H PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -23.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 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 Balto Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Balto Resources's assets?
Raw Data
TSXV:BAL.H PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:BAL.H Share Price * TSXV (2019-03-19) in CAD CA$0.12
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
TSXV:BAL.H PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BAL.H Share Price ÷ Book Value per Share (both in CAD)

= 0.12 ÷ -0.01

-8.63x

* Primary Listing of Balto Resources.

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

  • Balto Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of BAL.H’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.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Balto Resources's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Balto Resources'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. Balto Resources has a total score of 0/6, 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.

Future Performance

 How is Balto Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Balto Resources 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Balto Resources expected to grow at an attractive rate?
  • Unable to compare Balto Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Balto Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Balto Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:BAL.H Future Growth Rates Data Sources
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
Raw Data
TSXV:BAL.H Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:BAL.H Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Balto Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Balto Resources 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
TSXV:BAL.H 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 0 Analyst Estimates (S&P Global) See Below

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

TSXV:BAL.H Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.00
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*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 Balto Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BAL.H’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.
  2. Balto Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Balto Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Balto Resources'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.
Balto Resources 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.

Past Performance

  How has Balto Resources 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 Balto Resources'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.
  • Balto Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Balto Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Balto Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Balto Resources'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 Balto Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BAL.H 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 -0.36 0.19
2018-09-30 -0.37 0.22
2018-06-30 -0.36 0.22
2018-03-31 -0.35 0.22
2017-12-31 -0.36 0.25
2017-09-30 -0.31 0.21
2017-06-30 -0.30 0.21
2017-03-31 -0.29 0.21
2016-12-31 -0.28 0.21
2016-09-30 -0.28 0.21
2016-06-30 -0.27 0.21
2016-03-31 -0.27 0.22
2015-12-31 -0.27 0.22
2015-09-30 -0.28 0.22
2015-06-30 -0.25 0.20
2015-03-31 -0.27 0.22
2014-12-31 -0.28 0.23
2014-09-30 -0.28 0.23
2014-06-30 -0.31 0.26
2014-03-31 -0.29 0.24
2013-12-31 -0.28 0.27
2013-09-30 -0.28 0.27
2013-06-30 -0.28 0.27
2013-03-31 -0.28 0.27
2012-12-31 -0.27 0.27
2012-09-30 -0.28 0.27
2012-06-30 -0.28 0.27
2012-03-31 -0.27 0.27

*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 Balto Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Balto Resources 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 Balto Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Balto Resources'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.
Balto Resources 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.

Health

 How is Balto Resources'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 Balto Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Balto Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Balto Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Balto Resources'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.
  • Balto Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.
Raw Data

All data from Balto Resources Company Filings, last reported 2 months ago.

TSXV:BAL.H Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -0.97 0.89 0.00
2018-09-30 -0.86 0.81 0.00
2018-06-30 -0.76 0.75 0.01
2018-03-31 -0.68 0.67 0.01
2017-12-31 -0.61 0.00 0.00
2017-09-30 -0.49 0.00 0.01
2017-06-30 -0.40 0.00 0.01
2017-03-31 -0.33 0.38 0.00
2016-12-31 -0.25 0.00 0.00
2016-09-30 -0.18 0.00 0.00
2016-06-30 -0.11 0.00 0.00
2016-03-31 -0.04 0.00 0.00
2015-12-31 0.03 0.00 0.01
2015-09-30 0.10 0.00 0.04
2015-06-30 0.17 0.00 0.12
2015-03-31 0.23 0.00 0.19
2014-12-31 0.24 0.00 0.25
2014-09-30 0.30 0.00 0.36
2014-06-30 0.42 0.00 0.48
2014-03-31 0.51 0.00 0.53
2013-12-31 0.59 0.00 0.60
2013-09-30 0.66 0.00 0.70
2013-06-30 0.73 0.00 0.76
2013-03-31 0.80 0.00 0.81
2012-12-31 0.87 0.00 0.87
2012-09-30 0.94 0.00 0.95
2012-06-30 1.01 0.00 1.02
2012-03-31 1.08 0.00 1.08
  • Balto Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Balto Resources's debt level has increased considering it has negative shareholder equity.
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.

  • Balto Resources has less than a year of cash runway based on current free cash flow.
  • Balto Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.1% each year.
X
Financial health checks
We assess Balto Resources'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. Balto Resources has a total score of 1/6, 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.

Dividends

 What is Balto Resources'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 Balto Resources dividends.
If you bought CA$2,000 of Balto Resources 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 Balto Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Balto Resources'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
TSXV:BAL.H 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 0 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.

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

  • Unable to perform a dividend volatility check as Balto Resources has not reported any payouts.
  • Unable to verify if Balto Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Balto Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Balto Resources 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 Balto Resources'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 Balto Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Balto Resources 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.

Management

 What is the CEO of Balto Resources'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
Sammy Cheng
COMPENSATION CA$3,750
CEO Bio

Mr. Sammy Cheng serves as the Chief Executive Officer and President of Cicada Ventures Ltd. Mr. Cheng serves as the President and Chief Executive Officer of Balto Resources Ltd. He served as the Chief Financial Officer of Emperor Minerals Ltd. from February 12, 2012 to April 12, 2012; Cicada Ventures Ltd from August 2006 to July 2009 and Balto Resources Ltd from September 2005 to October 2009. He has been employed as a financial accountant at Emperor Minerals Ltd. since 1996 and his main responsibilities have been to prepare quarterly and annual financial statements for reporting issuers. During this period, Mr. Cheng was also responsible for the financial affairs of various private companies. He is a Business Man. He has been a Director of Cicada Ventures Ltd., since August 2005 and Balto Resources Ltd., since August 2002. From 1989 to 1996, he was employed as a Housing Officer for the Government of Hong Kong. His responsibilities included the management of real estate projects, residential tenancies and commercial tenancies. He is a corporate member of the Chartered Institute of Housing (United Kingdom) from 1996. Mr. Cheng received a Diploma in Housing Management from the University of Hong Kong in 1996.

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

Sammy Cheng

TITLE
President
COMPENSATION
CA$4K

Danielle Alleyn

TITLE
Chief Financial Officer
COMPENSATION
CA$750
Board of Directors Tenure

Average tenure of the Balto Resources board of directors in years:

20.4
Average Tenure
  • The average tenure for the Balto Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sammy Cheng

TITLE
President
COMPENSATION
CA$4K
TENURE
16.6 yrs

Donald Pepper

TITLE
Director
TENURE
20.6 yrs

William Diston

TITLE
Director
TENURE
20.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Balto Resources'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. Balto Resources 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.

News

Simply Wall St News

Introducing Balto Resources (CVE:BAL.H), The Stock That Soared 650% In The Last Five Years

It really delights us to see such great share price performance for investors. … For example, investors may be hoping that Balto Resources finds some valuable resources, before it runs out of money. … Some Balto Resources 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 -

What Kind Of Investor Owns Most Of Balto Resources Ltd (CVE:BAL.H)?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Balto Resources is a smaller company with a market capitalization of CA$8.0m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Balto Resources

Simply Wall St -

Why Balto Resources Ltd's (CVE:BAL.H) Investor Composition Impacts Your Returns

Today, I will be analyzing Balto Resources Ltd’s (CVE:BAL.H) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure of a company has been found to affect share performance over time. … Therefore, it is beneficial for us to examine BAL.H's ownership structure in more detail.

Simply Wall St -

Should You Worry About Balto Resources Ltd's (TSXV:BALH) CEO Pay Check?

See our latest analysis for BAL.H Did Cheng create value? … BAL.H can create value to shareholders by increasing its profitability, which in turn is reflected into the share price and the investor's ability to sell their shares at higher capital gains. … Hopefully this article has given you insight on how shareholders should think about BAL.H's governance policies such as CEO pay.

Simply Wall St -

Should Your Next Investment In The Basic Materials Industry Be In Balto Resources Ltd (TSXV:BALH)?

TSXV:BAL.H PE PEG Gauge Nov 15th 17 metals and mining companies are typically trading at a PE of 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of BAL.H, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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What You Must Know About Balto Resources Ltd's (TSXV:BALH) Risks

Balto Resources has a beta of 3.68, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … As a result, this aspect of BAL.H indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.

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Company Info

Description

Balto Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It holds a 100% working interest in the SED mineral claims located in the Kamloops mining division, British Columbia. The company was formerly known as Alcor Resources Ltd. and changed its name to Balto Resources Ltd. in June 2008. Balto Resources Ltd. was incorporated in 1973 and is based in Vancouver, Canada.

Details
Name: Balto Resources Ltd.
BAL.H
Exchange: TSXV
Founded: 1973
CA$8,359,908
72,694,856
Website: http://
Address: Balto Resources Ltd.
850 West Hastings Street,
Suite 401,
Vancouver,
British Columbia, V6C 1E1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BAL.H Common Shares TSX Venture Exchange CA CAD 07. Sep 1988
Number of employees
Current staff
Staff numbers
0
Balto Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:18
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.