TSXV:CLM

Stock Analysis Report

Crystal Lake Mining

Executive Summary

Crystal Lake Mining Corporation engages in the identification, acquisition, and exploration of precious metal resources in Canada.

Risk Analysis

Earnings have declined by -4.9% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 2 more risks


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Crystal Lake Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CLM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.5%

CLM

4.6%

CA Metals and Mining

0.2%

CA Market


1 Year Return

-55.0%

CLM

4.5%

CA Metals and Mining

4.9%

CA Market

Return vs Industry: CLM underperformed the Canadian Metals and Mining industry which returned 4.4% over the past year.

Return vs Market: CLM underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

CLMIndustryMarket
7 Day12.5%4.6%0.2%
30 Day-22.9%3.7%0.4%
90 Day35.0%10.7%3.7%
1 Year-55.0%-55.0%5.1%4.5%8.2%4.9%
3 Year-50.0%-50.0%-5.4%-7.0%15.9%5.5%
5 Year-32.5%-32.5%26.4%22.6%33.8%14.3%

Price Volatility Vs. Market

How volatile is Crystal Lake Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Crystal Lake Mining undervalued compared to its fair value and its price relative to the market?

1.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CLM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CLM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CLM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: CLM 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 CLM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CLM is good value based on its PB Ratio (1.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Crystal Lake Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

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 Crystal Lake Mining 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

Past Performance

How has Crystal Lake Mining performed over the past 5 years?

-4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLM is currently unprofitable.

Growing Profit Margin: CLM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLM is unprofitable, and losses have increased over the past 5 years at a rate of -4.9% per year.

Accelerating Growth: Unable to compare CLM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CLM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: CLM has a negative Return on Equity (-100.05%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Crystal Lake Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CLM's short term assets (CA$3.5M) do not cover its short term liabilities (CA$5.1M).

Long Term Liabilities: CLM's short term assets (CA$3.5M) exceed its long term liabilities (CA$4.5K).


Debt to Equity History and Analysis

Debt Level: CLM's debt to equity ratio (2.7%) is considered satisfactory.

Reducing Debt: CLM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: CLM has a high level of physical assets or inventory.

Debt Coverage by Assets: CLM's debt is covered by short term assets (assets are 13.2x debt).


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: CLM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CLM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28.1% each year


Next Steps

Dividend

What is Crystal Lake Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CLM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CLM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CLM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLM'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 CLM'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?

0.4yrs

Average management tenure


CEO

Cole Evans 0

0.08yrs

Tenure

0

Mr. Cole Evans serves as Chief Executive Officer and Director of Crystal Lake Mining Corporation since January 16, 2020. Mr. Evans is the Co-Founder and President/CEO of HEG & Associates Exploration Servic ...


Leadership Team

NamePositionTenureCompensationOwnership
Wally Boguski
COO & Director9.3yrsCA$346.42k2.75% CA$556.7k
Kristine Frost
Secretary2.1yrsCA$86.55k0.047% CA$9.5k
Cole Evans
CEO & Director0.08yrsno data7.46% CA$1.5m
Maurizio Napoli
President0.3yrsno data0.55% CA$111.6k
Brian Moore
CFO & Director0.4yrsno data0.060% CA$12.1k
John Ryan
Chief Geologist0yrsno datano data

0.4yrs

Average Tenure

Experienced Management: CLM's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Wally Boguski
COO & Director9.3yrsCA$346.42k2.75% CA$556.7k
Cole Evans
CEO & Director0.08yrsno data7.46% CA$1.5m
Maurizio Napoli
President0.3yrsno data0.55% CA$111.6k
Brian Moore
CFO & Director0.4yrsno data0.060% CA$12.1k
Lawrence Roulston
Director0.7yrsno data0.092% CA$18.6k
Peter Fisher
Member of Technical Advisory Board4.1yrsno datano data

0.5yrs

Average Tenure

Experienced Board: CLM's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CLM 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 43.6%.


Top Shareholders

Company Information

Crystal Lake Mining Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crystal Lake Mining Corporation
  • Ticker: CLM
  • Exchange: TSXV
  • Founded: 2009
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$20.224m
  • Shares outstanding: 149.81m
  • Website: https://www.crystallakemining.com

Location

  • Crystal Lake Mining Corporation
  • 13236 Cliffstone Court
  • Lake Country
  • British Columbia
  • V4V 2R1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLMTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2010
SIOC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2010
SOGBST (Boerse-Stuttgart)YesCommon SharesDEEURMar 2010
SOGDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2010

Biography

Crystal Lake Mining Corporation engages in the identification, acquisition, and exploration of precious metal resources in Canada. The company has an option to acquire a 100% interest in the Newmont Lake Project, which located in the Eskay region in the Northwest of Golden Triangle. The company was formerly known as Sierra Iron Ore Corporation and changed its name to Crystal Lake Mining Corporation in July 2016. Crystal Lake Mining Corporation was incorporated in 2009 and is headquartered in Lake Country, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 01:27
End of Day Share Price2020/02/18 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.