Executive Summary
MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. More Details
Risk Analysis
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Share Price & News
How has MacDonald Mines Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMK is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: BMK's weekly volatility (14%) has been stable over the past year.
Market Performance
7 Day Return
7.7%
BMK
-0.4%
CA Metals and Mining
-0.2%
CA Market
1 Year Return
-6.7%
BMK
35.8%
CA Metals and Mining
1.5%
CA Market
Return vs Industry: BMK underperformed the Canadian Metals and Mining industry which returned 36.7% over the past year.
Return vs Market: BMK underperformed the Canadian Market which returned 2.1% over the past year.
Shareholder returns
| BMK | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.7% | -0.4% | -0.2% |
| 30 Day | 0% | 1.5% | 4.0% |
| 90 Day | -33.3% | -2.0% | 12.9% |
| 1 Year | -6.7%-6.7% | 36.9%35.8% | 5.2%1.5% |
| 3 Year | -22.2%-22.2% | 40.4%37.4% | 14.2%3.4% |
| 5 Year | 40.0%40.0% | 170.6%162.0% | 63.2%38.1% |
Long-Term Price Volatility Vs. Market
How volatile is MacDonald Mines Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Investors Who Bought MacDonald Mines Exploration (CVE:BMK) Shares Three Years Ago Are Now Down 57%9 months ago | Simply Wall St
Need To Know: MacDonald Mines Exploration Ltd. (CVE:BMK) Insiders Have Been Buying Shares10 months ago | Simply Wall St
What Kind Of Shareholder Owns Most MacDonald Mines Exploration Ltd. (CVE:BMK) Stock?Valuation
Is MacDonald Mines Exploration undervalued compared to its fair value and its price relative to the market?
4.47x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BMK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BMK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BMK is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: BMK is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BMK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BMK is overvalued based on its PB Ratio (4.5x) compared to the CA Metals and Mining industry average (3x).
Next Steps
Future Growth
How is MacDonald Mines Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.0%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MacDonald Mines Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine MacDonald Mines Exploration's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- MacDonald Mines Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has MacDonald Mines Exploration performed over the past 5 years?
-28.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMK is currently unprofitable.
Growing Profit Margin: BMK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BMK is unprofitable, and losses have increased over the past 5 years at a rate of 28.8% per year.
Accelerating Growth: Unable to compare BMK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BMK is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (71.8%).
Return on Equity
High ROE: BMK has a negative Return on Equity (-135.68%), as it is currently unprofitable.
Next Steps
Financial Health
How is MacDonald Mines Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: BMK's short term assets (CA$4.3M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: BMK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BMK is debt free.
Reducing Debt: BMK currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BMK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BMK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.9% each year
Next Steps
Dividend
What is MacDonald Mines Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BMK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BMK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average board tenure
CEO
Quentin Yarie (55 yo)
5.33yrs
Tenure
CA$68,787
Compensation
Mr. Quentin Yarie, P.Geo, served as Independent Director at Dominion Water Reserves Corp. since August 27, 2020 until December 2020. He has been the Chief Executive Officer of MacDonald Mines Exploration L...
CEO Compensation Analysis
Compensation vs Market: Quentin's total compensation ($USD54.50K) is below average for companies of similar size in the Canadian market ($USD153.85K).
Compensation vs Earnings: Quentin's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.33yrs | CA$68.79k | 1.98% CA$ 275.1k | |
| Member of Technical Advisory Committee | no data | no data | no data | |
| Director | 1.08yrs | no data | 0.99% CA$ 137.2k | |
| Member of Technical Advisory Committee | 9.92yrs | no data | no data | |
| Member of Technical Advisory Committee | 10yrs | no data | no data | |
| Member of Technical Advisory Committee | no data | no data | no data | |
| Independent Director | 3.67yrs | no data | no data | |
| Director | 1.42yrs | no data | 0.070% CA$ 9.8k |
3.7yrs
Average Tenure
76yo
Average Age
Experienced Board: BMK's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.5%.
Top Shareholders
Company Information
MacDonald Mines Exploration Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: MacDonald Mines Exploration Ltd.
- Ticker: BMK
- Exchange: TSXV
- Founded: 1936
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$13.864m
- Shares outstanding: 213.29m
- Website: https://www.macdonaldmines.com
Number of Employees
Location
- MacDonald Mines Exploration Ltd.
- 145 Wellington Street West
- Suite 1001
- Toronto
- Ontario
- M5J 1H8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BMK | TSXV (TSX Venture Exchange) | Yes | Class A Common Shares | CA | CAD | Jan 1975 |
| 3M71 | DB (Deutsche Boerse AG) | Yes | Class A Common Shares | DE | EUR | Jan 1975 |
| MCDM.F | OTCPK (Pink Sheets LLC) | Yes | Class A Common Shares | US | USD | Jan 1975 |
Biography
MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silv...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:24 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.