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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
New Energy Metals. This is due to cash flow or dividend data being
unavailable. The share price is
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
New Energy Metals's
is considered below, and whether this is a fair price.
Price based on past earnings
New Energy Metals's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 New Energy Metals 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
New Energy Metals
expected to grow at an
Unable to compare New Energy Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare New Energy Metals's earnings growth to the Canada market average as no estimate data is available.
Unable to compare New Energy Metals's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if New Energy Metals is high growth as no earnings estimate data is available.
Unable to determine if New Energy Metals 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.
New Energy Metals's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
New Energy Metals
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
New Energy Metals's finances.
The net worth of a company is the difference between its assets and liabilities.
New Energy Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
New Energy Metals has no long term commitments.
This treemap shows a more detailed breakdown of
New Energy Metals'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
New Energy Metals has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Cesar A. Lopez, LLM has been President and Chief Executive Officer of New Energy Metals Corp. since November 26, 2018. Mr. Lopez has been Director since December 2018 at New Energy Metals Corp. From 2015 to mid-2018 he served as Executive Chairman at Southern Pioneer Resources. Mr. Lopez has been a Partner of Lopez & Ashton since January 2002 and serves as its Principal. Mr. López is the Founder of Lopez & Ashton. He serves as Legal Counsel, Advisor and Representative for both Chilean and foreign companies operating in Chile specializing in the mining, natural resources and financial sectors. He served as the Chief Executive Officer and President at Seafield Resources Limited from May 4, 2011 to March 19, 2014. He served as Chief Executive Officer of Aegean Metals Group Inc. from March 19, 2008 to August 4, 2011 and served as its President. Mr. López served as an Interim Chief Executive Officer at Southern Legacy Minerals Inc. from July 5, 2012 to August 2012. He is the Founder of several public and private junior mining companies. He served as Vice President of Legal, Business Development & Corporate Affairs at AQM Copper Inc. since August 2009. Mr. Lopez has over 25 years of experience in the natural resources sector, with a strong focus on mining and mineral exploration within Latin America and Eurasia. He has a strong background in South American exploration management and development. He served as Interim President of Southern Legacy Minerals Inc. since July 5, 2012. He served as the Chief Executive Officer and President of AQM Copper Inc. since March 24, 2005 until August 4, 2009. He has been the Chairman of Aegean Metals Group Inc. since August 4, 2011. Mr. López served as the Chairman of Southern Legacy Minerals Inc. until October 2012. Mr. Lopez is involved as founder and was a Director of Centenario Copper Corp. from 2004 to 2009. He served as Non-Executive Chairman at Seafield Resources Limited from March 19, 2014 to July 2014 and its Director from May 4, 2011 to June 2014. He has been a Director of Aegean Metals Group Inc. since March 19, 2008. He serves as a Director of Chilean and foreign companies. He serves as a Director of several public and private junior mining companies. He served as an Independent Director of Southern Legacy Minerals Inc. He served as a Director of AQM Copper Inc. since March 24, 2005 until September 28, 2011 and White Mountain Titanium Corp. from July 2004 to July 17, 2009. He served as Director of Premium Exploration, Inc. from November 2013 to May 2014. He is an Arbitrator and Mediator for the Santiago Chamber of Commerce. He is a Member of the Rocky Mountain Mineral Law Foundation and of the Association of Mining Lawyers of Latin America. He is a Lawyer and was called to the Chilean Bar in 1989. Mr. López holds a Bachelor of Law degree from Gabriela Mistral University. He completed graduate studies in Marketing at the University of California (Berkeley) and obtained a Master of International Law degree from Golden Gate University in 1995. He holds Master's Degree in Mineral Economics from Universidad de Santiago de Chile in 2010.
Insufficient data for Cesar to compare compensation growth.
Insufficient data for Cesar to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
New Energy Metals
management team in years:
The average tenure for the New Energy Metals management team is less than 2 years, this suggests a new team.
Chief Financial Officer
Chief Geologist & Member of Board of Advisors
Board of Directors Tenure
Average tenure of the
New Energy Metals
board of directors in years:
The average tenure for the New Energy Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chief Geologist & Member of Board of Advisors
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by New Energy Metals insiders in the past 3 months, but not in substantial volumes.
New Energy Metals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, copper, cobalt, lithium, and zinc deposits. The company has an option to acquire a 100% interest in the Exxeter property comprising 13 mineral tenures that covers an area of approximately 748 hectares located within the Abitibi Greenstone Belt in the township of Vauguelin; 100% interest in the Cristal copper project located in northern Chile; and 100% interest in the Onix cobalt property, Codiciada cobalt property, Amelia cobalt property, Consuelo cobalt property, La Sufrida cobalt property, Pirula cobalt property, and Victoria cobalt property located in San Juan cobalt district, Chile. It also has an option to acquire 100% interest in the Atacama Lithium project situated in the Salar de Atacama district of Chile. The company was formerly known as Darien Resource Development Corp. and changed its name to New Energy Metals Corp. in April 2018. New Energy Metals Corp. was founded in 2017 and is headquartered in Vancouver, Canada.
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