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Constantine Metal Resources

TSXV:CEM
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CEM
TSXV
CA$20M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Constantine Metal Resources Ltd., a junior exploration company, engages in the exploration, evaluation, and development of mineral properties in Canada and the United States. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Constantine Metal Resources has significant price volatility in the past 3 months.
CEM Share Price and Events
7 Day Returns
-5.3%
TSXV:CEM
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-42.3%
TSXV:CEM
-5.9%
CA Metals and Mining
0.7%
CA Market
CEM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Constantine Metal Resources (CEM) -5.3% -7.2% 2.3% -42.3% 73.1% 7.1%
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
  • CEM underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • CEM underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
CEM
Industry
5yr Volatility vs Market

CEM Value

 Is Constantine Metal 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Constantine Metal Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.45.
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 Constantine Metal Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Constantine Metal Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CEM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.03
TSXV:CEM Share Price ** TSXV (2019-03-20) in CAD CA$0.45
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 Constantine Metal Resources.

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

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

= 0.45 ÷ -0.03

-16.87x

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

  • Constantine Metal Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Constantine Metal Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Constantine Metal Resources's expected growth come at a high price?
Raw Data
TSXV:CEM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.87x
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 Constantine Metal Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Constantine Metal Resources's assets?
Raw Data
TSXV:CEM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.57
TSXV:CEM Share Price * TSXV (2019-03-20) in CAD CA$0.45
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:CEM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.45 ÷ 0.57

0.8x

* Primary Listing of Constantine Metal Resources.

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

  • Constantine Metal Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Constantine Metal 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. Constantine Metal Resources 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.

CEM Future Performance

 How is Constantine Metal 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 Constantine Metal 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 Constantine Metal Resources expected to grow at an attractive rate?
  • Unable to compare Constantine Metal Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Constantine Metal Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Constantine Metal Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CEM 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:CEM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:CEM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -1
2018-07-31 0 -1
2018-04-30 -3 -1
2018-01-31 -4 -1
2017-10-31 -1 2
2017-07-31 -3 2
2017-04-30 2 3
2017-01-31 2 3
2016-10-31 0 -1
2016-07-31 0 -1
2016-04-30 0 -1
2016-01-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Constantine Metal Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Constantine Metal 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:CEM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Constantine Metal Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CEM Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.03
2018-07-31 -0.03
2018-04-30 -0.05
2018-01-31 -0.04
2017-10-31 0.08
2017-07-31 0.08
2017-04-30 0.10
2017-01-31 0.09
2016-10-31 -0.02
2016-07-31 -0.02
2016-04-30 -0.02
2016-01-31 -0.05

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

Next steps:

  1. Examine Constantine Metal Resources'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.
  2. Constantine Metal 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. Constantine Metal 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 Constantine Metal 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.
Constantine Metal 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.

CEM Past Performance

  How has Constantine Metal 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 Constantine Metal 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.
  • Constantine Metal Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Constantine Metal Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Constantine Metal Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Constantine Metal 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 Constantine Metal Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CEM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -0.94 0.92
2018-07-31 -0.98 0.97
2018-04-30 -1.37 1.03
2018-01-31 -1.07 0.93
2017-10-31 2.38 1.01
2017-07-31 2.48 0.93
2017-04-30 2.90 0.73
2017-01-31 2.69 0.71
2016-10-31 -0.62 0.63
2016-07-31 -0.71 0.60
2016-04-30 -0.52 0.43
2016-01-31 -1.48 0.54
2015-10-31 -1.41 0.55
2015-07-31 -1.42 0.56
2015-04-30 -1.39 0.56
2015-01-31 -0.46 0.46
2014-10-31 -1.09 0.62
2014-07-31 -1.88 0.61
2014-04-30 -1.90 0.63
2014-01-31 -1.88 0.66
2013-10-31 -1.37 0.52
2013-07-31 -0.56 0.57
2013-04-30 -0.65 0.64
2013-01-31 -0.78 0.78
2012-10-31 -0.77 0.76
2012-07-31 -0.88 0.77
2012-04-30 -0.87 0.75

*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 Constantine Metal Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Constantine Metal 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 Constantine Metal Resources 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 Constantine Metal 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.
Constantine Metal 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.

CEM Health

 How is Constantine Metal 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 Constantine Metal Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Constantine Metal Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Constantine Metal Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Constantine Metal 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.
  • Constantine Metal Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Constantine Metal Resources Company Filings, last reported 4 months ago.

TSXV:CEM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 24.92 0.00 4.33
2018-07-31 25.03 0.00 8.01
2018-04-30 15.53 0.00 0.31
2018-01-31 15.71 0.00 0.69
2017-10-31 15.96 0.00 1.78
2017-07-31 16.19 0.00 2.85
2017-04-30 16.65 0.00 4.70
2017-01-31 16.58 0.00 4.70
2016-10-31 13.37 0.00 0.57
2016-07-31 13.39 0.00 1.37
2016-04-30 13.46 0.00 0.52
2016-01-31 13.59 0.00 0.61
2015-10-31 13.67 0.00 0.43
2015-07-31 13.84 0.00 1.46
2015-04-30 13.95 0.00 0.59
2015-01-31 14.95 0.00 0.76
2014-10-31 14.96 0.00 0.69
2014-07-31 14.97 0.00 1.99
2014-04-30 15.05 0.00 0.45
2014-01-31 15.24 0.00 0.53
2013-10-31 15.72 0.00 0.27
2013-07-31 16.77 0.00 1.02
2013-04-30 16.86 0.00 0.32
2013-01-31 16.92 0.00 0.44
2012-10-31 17.08 0.00 0.13
2012-07-31 17.22 0.00 0.33
2012-04-30 16.90 0.00 0.17
  • Constantine Metal Resources has no debt.
  • Constantine Metal Resources has not taken on any debt in the past 5 years.
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.

  • Constantine Metal Resources has less than a year of cash runway based on current free cash flow.
  • Constantine Metal Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 2% each year.
X
Financial health checks
We assess Constantine Metal 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. Constantine Metal Resources has a total score of 4/6, 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.

CEM Dividends

 What is Constantine Metal 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 Constantine Metal Resources dividends.
If you bought CA$2,000 of Constantine Metal 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 Constantine Metal Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Constantine Metal 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:CEM 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 Constantine Metal Resources has not reported any payouts.
  • Unable to verify if Constantine Metal Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Constantine Metal Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Constantine Metal 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 Constantine Metal 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 Constantine Metal Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Constantine Metal 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.

CEM Management

 What is the CEO of Constantine Metal 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
James MacVeigh
COMPENSATION CA$145,092
AGE 69
TENURE AS CEO 13.2 years
CEO Bio

Mr. James Garfield MacVeigh, B.Sc. (Hons.), has been the Chief Executive Officer and President of Constantine Metal Resources Ltd. since May 11, 2006. Mr. Macveigh is a Director of Paragon Minerals Corp. He served as the President of Rubicon Management Ltd. He served as a Vice President of Toquima Minerals Corp. since June 17, 2003. He served as a Consultant to Toquima Minerals Corp. on a part-time basis and expend such time as is required on its affairs. He served as a Vice-President of Exploration at Paragon Minerals Corp. and also served as its Chief Geologist until June 4, 2008. He served as a Senior Officer of Rubicon Minerals Corporation from 1996 to February, 2007. He served as District Manager of LAC Minerals Ltd., Senior Project Manager of Lac Minerals (USA) Inc., Senior District Geologist of Falconbridge Limited, Senior Exploration Consultant for Falconbridge Dominicana and a Project Geologist for Westmin Resources Ltd. Mr. MacVeigh has over 30 years of experience in gold and base metal exploration in Canada, U.S.A. and Central America and was involved in the exploration of the Red Mountain gold deposit near Stewart, B.C., Canada. He served as Chairman of the Board of Rubicon Minerals Corporation, a Holding company of Toquima Minerals Corp., until February 15, 2007. He served as the Chairman of Rubicon Management Ltd. He has been a Director of Constantine Metal Resources Ltd. since May 11, 2006. He served as a Director of Paragon Minerals Corp. since July 5, 2006. He served as a Director of Rubicon Minerals Corporation from March 6, 1996 to February 15, 2007. He served as a Director of Toquima Minerals Corp. since June 17, 2003. Mr. MacVeigh is an Exploration Geologist and received his B.Sc. from Queen's University at Kingston in 1972.

CEO Compensation
  • James's compensation has been consistent with company performance over the past year.
  • James's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Constantine Metal Resources management team in years:

7.3
Average Tenure
58
Average Age
  • The average tenure for the Constantine Metal Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

James MacVeigh

TITLE
President
COMPENSATION
CA$145K
AGE
69
TENURE
13.2 yrs

Aris P. Morfopoulos

TITLE
Secretary & CFO
COMPENSATION
CA$90K
AGE
58
TENURE
12.9 yrs

Darwin Green

TITLE
Vice President of Exploration
COMPENSATION
CA$200K

Liz Cornejo

TITLE
Vice President of Community & External Affairs
COMPENSATION
CA$230K
TENURE
1.8 yrs

Naomi Nemeth

TITLE
Vice President of Investor Relations
AGE
58
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Constantine Metal Resources board of directors in years:

12.8
Average Tenure
69
Average Age
  • The average tenure for the Constantine Metal Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kent Livingstone

TITLE
Chairman of the Board
COMPENSATION
CA$51K
AGE
76

James MacVeigh

TITLE
President
COMPENSATION
CA$145K
AGE
69
TENURE
12.8 yrs

David Adamson

TITLE
Director
COMPENSATION
CA$8K
AGE
59
TENURE
12.8 yrs

George McDonald

TITLE
Director
COMPENSATION
CA$8K
AGE
79
TENURE
7.5 yrs

Tara Christie

TITLE
Director
COMPENSATION
CA$8K
AGE
44
TENURE
12.8 yrs

Brian Irwin

TITLE
Director
COMPENSATION
CA$8K
AGE
78
TENURE
12.8 yrs

Stuart Harshaw

TITLE
Director
AGE
51
TENURE
0.8 yrs

Richard Williams

TITLE
Director
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • Constantine Metal Resources insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
08. Feb 19 Sell Aris P. Morfopoulos Individual 05. Feb 19 05. Feb 19 -15,000 CA$0.48 CA$-7,095
02. Feb 19 Sell Aris P. Morfopoulos Individual 31. Jan 19 31. Jan 19 -2,500 CA$0.50 CA$-1,250
29. Jan 19 Sell Brian Irwin Individual 28. Jan 19 28. Jan 19 -50,000 CA$0.49 CA$-24,500
28. Jan 19 Sell Darwin Green Individual 23. Jan 19 23. Jan 19 -100,000 CA$0.48 CA$-48,000
28. Jan 19 Sell Aris P. Morfopoulos Individual 23. Jan 19 23. Jan 19 -45,000 CA$0.48 CA$-21,600
24. Aug 18 Buy John Tognetti Individual 23. Aug 18 23. Aug 18 500 CA$0.61 CA$305
02. Jul 18 Buy John Tognetti Individual 29. Jun 18 29. Jun 18 500 CA$0.55 CA$275
04. Jun 18 Buy Darwin Green Individual 29. May 18 29. May 18 15,000 CA$0.68 CA$10,200
04. Jun 18 Buy David Adamson Individual 29. May 18 29. May 18 36,765 CA$0.68 CA$25,000
01. Jun 18 Buy Elizabeth Cornejo Individual 29. May 18 29. May 18 14,000 CA$0.68 CA$9,520
01. Jun 18 Buy James MacVeigh Individual 29. May 18 29. May 18 36,765 CA$0.68 CA$25,000
31. May 18 Buy The Electrum Group LLC Company 29. May 18 29. May 18 6,459,661 CA$0.68 CA$4,392,571
31. May 18 Buy Kent Livingstone Individual 29. May 18 29. May 18 59,000 CA$0.68 CA$40,120
30. May 18 Buy Ian Cunningham-Dunlop Individual 30. May 18 30. May 18 36,000 CA$0.68 CA$24,480
30. May 18 Buy John Tognetti Individual 29. May 18 29. May 18 1,470,588 CA$0.68 CA$1,000,000
25. May 18 Sell John Tognetti Individual 24. May 18 24. May 18 -3,000 CA$0.83 CA$-2,490
14. May 18 Buy John Tognetti Individual 11. May 18 11. May 18 13,875 CA$0.64 CA$8,635
09. May 18 Buy John Tognetti Individual 08. May 18 08. May 18 45,000 CA$0.60 CA$27,000
03. May 18 Buy John Tognetti Individual 02. May 18 02. May 18 43,500 CA$0.60 CA$26,100
02. May 18 Buy John Tognetti Individual 01. May 18 01. May 18 6,500 CA$0.60 CA$3,900
X
Management checks
We assess Constantine Metal 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. Constantine Metal 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.

CEM News

Simply Wall St News

Did Constantine Metal Resources's (CVE:CEM) Share Price Deserve to Gain 73%?

Constantine Metal Resources hasn't yet reported any revenue yet, so it's as much a business idea as a business. … Constantine Metal Resources has already given some investors a taste of the sweet gains that high risk investing can generate, if your timing is right. … When it reported in October 2018 Constantine Metal Resources had minimal net cash consider its expenditure: just CA$3.9m to be specific.

Simply Wall St -

Have Insiders Been Buying Constantine Metal Resources Ltd. (CVE:CEM) Shares This Year?

So we'll take a look at whether insiders have been buying or selling shares in Constantine Metal Resources Ltd. … Constantine Metal Resources Insider Transactions Over The Last Year. … In total, Constantine Metal Resources insiders bought more than they sold over the last year

Simply Wall St -

Can We See Significant Insider Ownership On The Constantine Metal Resources Ltd (CVE:CEM) Share Register?

A look at the shareholders of Constantine Metal Resources Ltd (CVE:CEM) can tell us which group is most powerful. … Constantine Metal Resources is not a large company by global standards. … See our latest analysis for Constantine Metal Resources

Simply Wall St -

Is Constantine Metal Resources Ltd's (CVE:CEM) CEO Paid Enough Relative To Peers?

Leading Constantine Metal Resources Ltd (CVE:CEM) as the CEO, James MacVeigh took the company to a valuation of CA$24.59m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Check out our latest analysis for Constantine Metal Resources

Simply Wall St -

CEM Company Info

Description

Constantine Metal Resources Ltd., a junior exploration company, engages in the exploration, evaluation, and development of mineral properties in Canada and the United States. The company primarily explores for copper, zinc, gold, and silver deposits. Its flagship property is the Palmer volcanogenic massive sulphide project comprising 340 federal mining claims and 63 state mining claims located near Haines, Alaska. The company was founded in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Constantine Metal Resources Ltd.
CEM
Exchange: TSXV
Founded: 2006
CA$20,409,413
45,354,253
Website: http://www.constantinemetals.com
Address: Constantine Metal Resources Ltd.
800 West Pender Street,
Suite 320,
Vancouver,
British Columbia, V6C 2V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CEM Common Shares TSX Venture Exchange CA CAD 04. Aug 2006
OTCPK CNSN.F Common Shares Pink Sheets LLC US USD 04. Aug 2006
DB 3CQA Common Shares Deutsche Boerse AG DE EUR 04. Aug 2006
Number of employees
Current staff
Staff numbers
0
Constantine Metal Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:07
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


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.