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MacDonald Mines Exploration

TSXV:BMK
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BMK
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 46 days ago. More info.


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  • MacDonald Mines Exploration has significant price volatility in the past 3 months.
BMK Share Price and Events
7 Day Returns
0%
TSXV:BMK
0.1%
CA Metals and Mining
-0.4%
CA Market
1 Year Returns
-25%
TSXV:BMK
-0.9%
CA Metals and Mining
-3.1%
CA Market
BMK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MacDonald Mines Exploration (BMK) 0% 28.6% 28.6% -25% -55% -70%
CA Metals and Mining 0.1% 6.2% 4.4% -0.9% -20.2% -19.8%
CA Market -0.4% 0.8% -1.7% -3.1% 8.2% 0.9%
1 Year Return vs Industry and Market
  • BMK underperformed the Metals and Mining industry which returned -0.9% over the past year.
  • BMK underperformed the Market in Canada which returned -3.1% over the past year.
Price Volatility
BMK
Industry
5yr Volatility vs Market

Value

 Is MacDonald Mines Exploration 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 MacDonald Mines Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MacDonald Mines Exploration 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 MacDonald Mines Exploration. This is due to cash flow or dividend data being unavailable. The share price is CA$0.045.
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 MacDonald Mines Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MacDonald Mines Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BMK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.01
TSXV:BMK Share Price ** TSXV (2019-07-15) in CAD CA$0.05
Canada Metals and Mining Industry PE Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 15.36x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 15x

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

** Primary Listing of MacDonald Mines Exploration.

TSXV:BMK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BMK Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.01

-3.05x

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

  • MacDonald Mines Exploration is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • MacDonald Mines Exploration is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does MacDonald Mines Exploration's expected growth come at a high price?
Raw Data
TSXV:BMK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.05x
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 37 Publicly-Listed Metals and Mining Companies 0.83x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 1.16x

*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 MacDonald Mines Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MacDonald Mines Exploration's assets?
Raw Data
TSXV:BMK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$-0.02
TSXV:BMK Share Price * TSXV (2019-07-15) in CAD CA$0.05
Canada Metals and Mining Industry PB Ratio Median Figure of 1,099 Publicly-Listed Metals and Mining Companies 1.37x
Canada Market PB Ratio Median Figure of 2,436 Publicly-Listed Companies 1.42x
TSXV:BMK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BMK Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ -0.02

-2.83x

* Primary Listing of MacDonald Mines Exploration.

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

  • MacDonald Mines Exploration 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 BMK’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 MacDonald Mines Exploration'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 MacDonald Mines Exploration'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. MacDonald Mines Exploration 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 MacDonald Mines Exploration 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 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 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
29.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MacDonald Mines Exploration expected to grow at an attractive rate?
  • Unable to compare MacDonald Mines Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare MacDonald Mines Exploration's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare MacDonald Mines Exploration's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:BMK Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 29.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*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:BMK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:BMK Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 -1 -1
2018-12-31 -1 -1
2018-09-30 -1 -2
2018-06-30 -1 -2
2018-03-31 -2 -4
2017-12-31 -2 -5
2017-09-30 -2 -4
2017-06-30 -1 -3
2017-03-31 -1 -1
2016-12-31 0 0
2016-09-30 0 1
2016-06-30 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if MacDonald Mines Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if MacDonald Mines Exploration 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:BMK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from MacDonald Mines Exploration Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BMK Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.06
2017-12-31 -0.08
2017-09-30 -0.07
2017-06-30 -0.06
2017-03-31 -0.03
2016-12-31 0.01
2016-09-30 0.02
2016-06-30 -0.03

*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 MacDonald Mines Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BMK’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. MacDonald Mines Exploration'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. MacDonald Mines Exploration'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 MacDonald Mines Exploration'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.
MacDonald Mines Exploration 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 MacDonald Mines Exploration 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 MacDonald Mines Exploration'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.
  • MacDonald Mines Exploration does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare MacDonald Mines Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MacDonald Mines Exploration's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
MacDonald Mines Exploration'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 MacDonald Mines Exploration Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BMK Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -1.25 1.16
2018-12-31 -1.38 1.29
2018-09-30 -2.09 1.89
2018-06-30 -2.24 2.06
2018-03-31 -3.96 3.83
2017-12-31 -5.10 4.98
2017-09-30 -4.10 3.84
2017-06-30 -2.89 3.36
2017-03-31 -0.96 1.43
2016-12-31 0.43 0.09
2016-09-30 0.67 0.02
2016-06-30 -1.03 0.02
2016-03-31 -1.06 0.05
2015-12-31 -1.10 0.05
2015-09-30 -1.12 0.06
2015-06-30 -0.19 0.06
2015-03-31 -0.20 0.07
2014-12-31 -0.28 0.14
2014-09-30 -0.39 0.04
2014-06-30 -0.56 0.24
2014-03-31 -1.14 0.90
2013-12-31 -2.54 2.52
2013-09-30 -8.40 7.97
2013-06-30 -8.42 7.97
2013-03-31 -8.68 8.13
2012-12-31 -7.01 6.74
2012-09-30 -4.11 1.60

*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 MacDonald Mines Exploration 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 MacDonald Mines Exploration 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 MacDonald Mines Exploration 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 MacDonald Mines Exploration'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.
MacDonald Mines Exploration 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 MacDonald Mines Exploration'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 MacDonald Mines Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MacDonald Mines Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • MacDonald Mines Exploration has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MacDonald Mines Exploration'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.
  • Low level of unsold assets.
  • MacDonald Mines Exploration 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 MacDonald Mines Exploration Company Filings, last reported 3 months ago.

TSXV:BMK Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -1.36 0.20 0.47
2018-12-31 -1.26 0.00 0.36
2018-09-30 -0.70 0.00 0.50
2018-06-30 -0.55 0.00 0.69
2018-03-31 -0.31 0.06 0.95
2017-12-31 -0.10 0.06 1.18
2017-09-30 -0.48 0.05 0.79
2017-06-30 -0.83 0.05 0.55
2017-03-31 -0.53 0.05 1.01
2016-12-31 -0.71 0.05 1.09
2016-09-30 -0.93 0.05 0.63
2016-06-30 -1.51 0.05 0.04
2016-03-31 -1.48 0.05 0.05
2015-12-31 -1.51 0.05 0.05
2015-09-30 -1.46 0.05 0.05
2015-06-30 -0.49 0.15 0.16
2015-03-31 -0.42 0.10 0.14
2014-12-31 -0.40 0.10 0.17
2014-09-30 -0.32 0.00 0.13
2014-06-30 -0.29 0.00 0.14
2014-03-31 -0.20 0.00 0.15
2013-12-31 -0.11 0.00 0.17
2013-09-30 27.28 0.00 0.40
2013-06-30 27.51 0.00 0.65
2013-03-31 27.66 0.00 1.79
2012-12-31 2.14 0.00 2.60
2012-09-30 25.74 0.00 0.29
  • MacDonald Mines Exploration has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if MacDonald Mines Exploration'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.

  • MacDonald Mines Exploration has less than a year of cash runway based on current free cash flow.
  • MacDonald Mines Exploration has less than a year of cash runway if free cash flow continues to grow at historical rates of 47.5% each year.
X
Financial health checks
We assess MacDonald Mines Exploration'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. MacDonald Mines Exploration 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 MacDonald Mines Exploration'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 MacDonald Mines Exploration dividends.
If you bought CA$2,000 of MacDonald Mines Exploration 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 MacDonald Mines Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MacDonald Mines Exploration'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:BMK 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 336 Stocks 3.5%
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.

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

  • Unable to perform a dividend volatility check as MacDonald Mines Exploration has not reported any payouts.
  • Unable to verify if MacDonald Mines Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MacDonald Mines Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MacDonald Mines Exploration 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 MacDonald Mines Exploration'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 MacDonald Mines Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MacDonald Mines Exploration 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 MacDonald Mines Exploration'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
Quentin Yarie
COMPENSATION CA$225,825
AGE 54
TENURE AS CEO 3.6 years
CEO Bio

Mr. Quentin Yarie, P.Geo., has been the Chief Executive Officer of MacDonald Mines Exploration Ltd. since September 1, 2015 and as its President since October 1, 2013. Mr. Yarie has been the Chief Executive Officer and President of Honey Badger Exploration Inc. since August 25, 2015 and September 24, 2013 respectively and Director since February 2018. Mr. Yarie has been the President of Red Pine Exploration Inc. since November 7, 2012 and has been its Chief Executive Officer since July 28, 2015. Mr. Yarie serves as Senior Vice President of Exploration at Energizer Resources Inc. He served as Chief Operating Officer of MacDonald Mines Exploration Ltd. since October 1, 2013. He served as the Chief Operating Officer of Honey Badger Exploration Inc from September 24, 2013 to August 25, 2015. He served as the Chief Operating Officer of Red Pine Exploration Inc. from September 24, 2013 to July 28, 2015. He served as Senior Vice President of Exploration at MacDonald Mines Exploration Ltd. from January 1, 2010 to October 2013 and Honey Badger Exploration Inc. He served as a Business Development Officer of Geotech Limited, an Ontario corporation since October 2007. He served as the Senior Vice President of Exploration of Red Pine Exploration Inc. until November 7, 2012. He served as the Vice President of Exploration of Red Pine Exploration Inc. from 2009 to 2012. Mr. Yarie served as a Vice President of Exploration at MacDonald Mines Exploration Ltd. From September 2004 to October 2007, he served as a Senior Representative of Sales & Business Development at Aeroquest Limited, an Ontario corporation. From February 2000 to September 2004. He served as a Technical Sales Representative at Geonics Limited, an Ontario corporation. He has been an Executive Director of Red Pine Exploration Inc. since 2011 and Energizer Resources Inc. since December 2008. He has been a Director of MacDonald Mines Exploration Ltd. since February 7, 2011. Mr. Yarie studied Business Administration in SIAST, Saskatchewan.

CEO Compensation
  • Insufficient data for Quentin to compare compensation growth.
  • Quentin's remuneration is lower than average for companies of similar size in Canada.
Management Team

Quentin Yarie

TITLE
President
COMPENSATION
CA$226K
AGE
54
TENURE
3.6 yrs

Tara Gilfillan

TITLE
Chief Financial Officer
COMPENSATION
CA$43K
TENURE
0.2 yrs

Brent Nykoliation

TITLE
Senior Vice President of Business Development
AGE
49

Hadyn Butler

TITLE
Chief Geologist & Member of Technical Advisory Committee
AGE
75
Board of Directors Tenure

Average tenure and age of the MacDonald Mines Exploration board of directors in years:

8.4
Average Tenure
64.5
Average Age
  • The tenure for the MacDonald Mines Exploration board of directors is about average.
Board of Directors

Quentin Yarie

TITLE
President
COMPENSATION
CA$226K
AGE
54
TENURE
8.4 yrs

Hadyn Butler

TITLE
Chief Geologist & Member of Technical Advisory Committee
AGE
75
TENURE
8.5 yrs

Jim Franklin

TITLE
Member of Technical Advisory Committee
AGE
76
TENURE
8.4 yrs

Gord McKinnon

TITLE
Director
COMPENSATION
CA$35K
AGE
35
TENURE
2.2 yrs

Kevin Tanas

TITLE
Director
COMPENSATION
CA$35K
TENURE
2.2 yrs

Jean-Philippe Desrochers

TITLE
Member of Technical Advisory Committee
AGE
54

Mac Watson

TITLE
Member of Technical Advisory Committee
AGE
83
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
23. Jan 19 Buy Quentin Yarie Individual 21. Jan 19 21. Jan 19 100,000 CA$0.03 CA$3,000
25. Sep 18 Buy Quentin Yarie Individual 24. Sep 18 24. Sep 18 37,250 CA$0.04 CA$1,490
X
Management checks
We assess MacDonald Mines Exploration'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. MacDonald Mines Exploration 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

Some MacDonald Mines Exploration (CVE:BMK) Shareholders Have Taken A Painful 84% Share Price Drop

MacDonald Mines Exploration didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … It seems likely some shareholders believe that MacDonald Mines Exploration will find or develop a valuable new mine before too long. … But with the share price diving 31% per year, over 5 years, it's probably fair to say that some shareholders no longer believe the company will succeed

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Read This Before Selling MacDonald Mines Exploration Ltd. (CVE:BMK) Shares

So we'll take a look at whether insiders have been buying or selling shares in MacDonald Mines Exploration Ltd. … MacDonald Mines Exploration Insider Transactions Over The Last Year. … That means that an insider was happy to buy shares at above the current price.

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Does The MacDonald Mines Exploration Ltd. (CVE:BMK) Share Price Fall With The Market?

(CVE:BMK), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Could The MacDonald Mines Exploration Ltd (CVE:BMK) Ownership Structure Tell Us Something Useful?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership. … MacDonald Mines Exploration is not a large company by global standards.

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Should You Be Concerned About MacDonald Mines Exploration Ltd's (CVE:BMK) Investors?

In this article, I will take a quick look at MacDonald Mines Exploration Ltd’s (CVE:BMK) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Check out our latest analysis for MacDonald Mines Exploration

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How MacDonald Mines Exploration Ltd (CVE:BMK) Can Impact Your Portfolio Volatility

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … See our latest analysis for MacDonald Mines Exploration An interpretation of BMK's beta With a beta of 1.03, MacDonald Mines Exploration is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of CA$6.72M, BMK falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

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Should You Worry About MacDonald Mines Exploration Ltd's (CVE:BMK) CEO Pay?

This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … In the situation of negative earnings, the company may be incurring a period of reinvestment and growth, or it can be an indication of some headwind. … Normally I would look at market cap and earnings as a proxy for performance, however, BMK's negative earnings reduces the usefulness of my formula.

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Before You Buy MacDonald Mines Exploration Ltd's (TSXV:BMK), You Should Consider This

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … MacDonald Mines Exploration’s five-year beta of 1.31 means that the company’s value will swing up by more than the market during prosperous times, but also drop down by more in times of downturns. … BMK, with its market capitalisation of CAD CA$6.10M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Company Info

Description

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, silver, zinc, cobalt, copper, nickel, platinum group elements, chromium, silica, and vanadium deposits. It holds a 100% interest in the Wawa- Holdsworth gold and silver project that include 18 contiguous mining claims covering an area of approximately 285 hectares located in the Corbiere and Esquega Townships of Northern Ontario; and has an option to acquire 100% interest in the Scadding-Powerline-Jovan Properties that covers an area of 3,915 hectares located near Sudbury, Ontario. The company also holds a 100% interest in the Charlevoix silica property with 6 mining claims located in the Province of Quebec; 25% interest in the Butler property with 73 claim units covering an area of 76.9 square kilometers located in the Ontario; and 25% interest in the Sanderson property with 70 claim units covering an area of 158.3 square kilometers located in the Ontario. In addition, it holds a 100% interest in the Semple Property with 21 contiguous mining claims covering an area of 48.1 square kilometers; and Baltic Property with 19 non-contiguous mining claims covering an area of 48.1 square kilometers located in Ontario. MacDonald Mines Exploration Ltd. was incorporated in 1936 and is headquartered in Toronto, Canada.

Details
Name: MacDonald Mines Exploration Ltd.
BMK
Exchange: TSXV
Founded: 1936
CA$3,831,433
85,142,965
Website: http://www.macdonaldmines.com
Address: MacDonald Mines Exploration Ltd.
145 Wellington Street West,
Suite 1001,
Toronto,
Ontario, M5J 1H8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BMK Class A Common Shares TSX Venture Exchange CA CAD 06. Jan 1975
OTCPK MCDM.F Class A Common Shares Pink Sheets LLC US USD 06. Jan 1975
DB 3M72 Class A Common Shares Deutsche Boerse AG DE EUR 06. Jan 1975
Number of employees
Current staff
Staff numbers
0
MacDonald Mines Exploration employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 23:41
End of day share price update: 2019/07/15 00:00
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.