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Essex Minerals

TSXV:ESX
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ESX
TSXV
CA$469K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Essex Minerals Inc., a natural resource company, engages in the acquisition and exploration of mining properties in Canada. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
  • Essex Minerals has significant price volatility in the past 3 months.
ESX Share Price and Events
7 Day Returns
0%
TSXV:ESX
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-77.5%
TSXV:ESX
-7%
CA Metals and Mining
1.2%
CA Market
ESX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Essex Minerals (ESX) 0% -25% 12.5% -77.5% - -
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • ESX underperformed the Metals and Mining industry which returned -7% over the past year.
  • ESX underperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Essex Minerals 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 Essex Minerals. 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 Essex Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Essex Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ESX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.03
TSXV:ESX Share Price ** TSXV (2019-03-13) in CAD CA$0.05
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

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

** Primary Listing of Essex Minerals.

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

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

= 0.05 ÷ -0.03

-1.63x

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

  • Essex Minerals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Essex Minerals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Essex Minerals's expected growth come at a high price?
Raw Data
TSXV:ESX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.63x
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 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*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 Essex Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Essex Minerals's assets?
Raw Data
TSXV:ESX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.03
TSXV:ESX Share Price * TSXV (2019-03-13) in CAD CA$0.05
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:ESX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 0.03

1.31x

* Primary Listing of Essex Minerals.

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

  • Essex Minerals is good value based on assets compared to the CA Metals and Mining industry average.
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Value checks
We assess Essex Minerals'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. Essex Minerals 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.

Future Performance

 How is Essex Minerals 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 Essex Minerals 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 Essex Minerals expected to grow at an attractive rate?
  • Unable to compare Essex Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Essex Minerals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Essex Minerals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ESX 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 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Essex Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Essex Minerals 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:ESX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Essex Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ESX Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00

*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 Essex Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Essex Minerals'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. Essex Minerals'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. Essex Minerals'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
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Future performance checks
We assess Essex Minerals'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.
Essex Minerals 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 Essex Minerals 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 Essex Minerals'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.
  • Essex Minerals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Essex Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Essex Minerals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Essex Minerals'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 Essex Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ESX Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.29 0.27
2018-09-30 -0.25 0.23
2018-06-30 -0.19 0.19
2018-03-31 -0.13 0.11
2017-12-31 -0.16 0.14
2017-09-30 -0.13 0.11
2017-06-30 -0.13 0.10
2017-03-31 -0.10 0.08
2016-12-31 -0.02 0.02
2016-09-30 -0.02 0.02
2016-06-30 0.00 0.01
2015-09-30 -0.07 0.08
2014-09-30 -0.02 0.02

*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 Essex Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Essex Minerals 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 Essex Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess Essex Minerals'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.
Essex Minerals 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 Essex Minerals'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 Essex Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Essex Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Essex Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Essex Minerals'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.
  • Essex Minerals 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 Essex Minerals Company Filings, last reported 2 months ago.

TSXV:ESX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.36 0.00 0.19
2018-09-30 0.42 0.00 0.09
2018-06-30 0.49 0.00 0.10
2018-03-31 0.58 0.00 0.12
2017-12-31 0.64 0.00 0.20
2017-09-30 0.66 0.00 0.22
2017-06-30 0.64 0.00 0.28
2017-03-31 0.67 0.00 0.52
2016-12-31 0.18 0.00 0.00
2016-09-30 0.18 0.00 0.01
2016-06-30 0.19 0.00 0.02
2015-09-30 0.20 0.00 0.03
2014-09-30 0.27 0.00 0.10
  • Essex Minerals has no debt.
  • Essex Minerals 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.

  • Essex Minerals has sufficient cash runway for more than 3 years based on current free cash flow.
  • Essex Minerals has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 27.3% each year.
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Financial health checks
We assess Essex Minerals'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. Essex Minerals has a total score of 5/6, 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 Essex Minerals'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 Essex Minerals dividends.
If you bought CA$2,000 of Essex Minerals 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 Essex Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Essex Minerals'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:ESX 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 2.1%
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 Essex Minerals has not reported any payouts.
  • Unable to verify if Essex Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Essex Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Essex Minerals 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.
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Income/ dividend checks
We assess Essex Minerals'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 Essex Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Essex Minerals 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 Essex Minerals'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
Adam Cegielski
AGE 42
TENURE AS CEO 0.2 years
CEO Bio

Mr. Adam R. Cegielski, B.Sc. has been the Chief Executive Officer and Director of Essex Minerals Inc. since January 2019. Mr. Cegielski serves as Chief Executive Officer of Montego Resources Inc. and is its Director since September 2018. He is a Corporate Secretary at Montego Resources Inc. since March 2019. Mr. Cegielski is a Co-Founder of Eyecarrot Innovations Corp. and has been its Chief Executive Officer and President since February 2012. He has been Chief Product Officer of Eyecarrot Innovations Corp. since July 2015. He has been the Chief Executive Officer and President of Nanton Nickel Corporation since February 29, 2012. Mr. Cegielski has been the Sole Proprietor of Insight Consulting since 1999. He served as Chief Executive Officer, President, Secretary and Executive Director of Resgreen Group International Inc. from April 21, 2006 to May 23, 2008 and served as its Principal Accounting Officer since April 2006. He has over 10 years of experience as a director and senior officer of publicly listed companies. From September 2010 to October 2011, Mr. Cegielski served as Investor Relations consultant for Keegan Resources Inc. a TSX listed gold exploration company. He served as the Chief Executive Officer at Crest Petroleum Corp. until October 15, 2013. Mr. Cegielski served as the Chief Financial Officer and Chief Executive Officer of Cayden Resources Inc. (alternate name Vistech Capital Corp). Mr. Cegielski served as the President, Chief Executive Officer, Secretary and Treasurer of Uranium Hunter Corp. (Formerly Brownsville Company) from April 21, 2006 to May 2008 and also served as its Principal Accounting Officer since April 21, 2006. Mr. Cegielski served as the President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of GoldMountain Exploration Corporation (Formerly Konigsberg Corp) from March 27, 2006 to March 2008 and served as its Principal Accounting Officer. Mr. Cegielski served as the Acting Chief Financial Officer of IBI Corporation until November 1, 2006. He serves as Director of Seaside Exploration Partners Corp. He has been a Director of Brownsville Co, since April 21, 2006, Konigsberg Corp. since March 27, 2006. He has been a Director of Eyecarrot Innovations Corp. since February 29, 2012. He served as Director of Crest Petroleum Corp since January 24, 2012 until October 2014. He served as a Director of Cayden Resources Inc., since November 10, 2008. He served as Director of Kootenay Zinc Corp. from May 2015 to September 2016. He served as an Executive Director of Uranium Hunter Corporation from March 2006 to May 2008. From March 2006 to January 2008, Mr. Cegielski served as a Director of GoldMountain Exploration Corporation (formerly Konigsberg Corp.) Mr. Cegielski is a graduate of the University of Guelph in Ontario, Canada where he gained his Bachelor of Science and holds Honors degree from the College of Physical and Engineering Science in Applied Biochemistry.

CEO Compensation
  • Insufficient data for Adam to compare compensation growth.
  • Insufficient data for Adam to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Adam Cegielski

TITLE
CEO & Director
AGE
42
TENURE
0.2 yrs

Von Torres

TITLE
Corporate Secretary
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Essex Minerals board of directors in years:

0.8
Average Tenure
  • The average tenure for the Essex Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Adam Cegielski

TITLE
CEO & Director
AGE
42
TENURE
0.2 yrs

Steve Kenwood

TITLE
Director
AGE
58
TENURE
6.3 yrs

Danilen Villanueva

TITLE
Director
TENURE
1 yrs

Mo Ahmad

TITLE
Director
TENURE
0.8 yrs

Yuying Liang

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Feb 19 Sell Christopher Dyakowski Individual 04. Apr 18 04. Apr 18 -101,000 CA$0.08 CA$-8,080
10. Apr 18 Sell Kenneth Phillippe Individual 05. Apr 18 05. Apr 18 -150,000 CA$0.08 CA$-12,000
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Management checks
We assess Essex Minerals'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. Essex Minerals 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

What Kind Of Investor Owns Most Of Essex Minerals Inc (CVE:ESX)?

The big shareholder groups in Essex Minerals Inc (CVE:ESX) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Essex Minerals is not a large company by global standards.

Simply Wall St -

Should You Be Concerned About Essex Minerals Inc's (CVE:ESX) Shareholders?

In this analysis, my focus will be on developing a perspective on Essex Minerals Inc’s (CVE:ESX) latest ownership structure, a less discussed, but important factor. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View out our latest analysis for Essex Minerals

Simply Wall St -

Who Owns Most Of Essex Minerals Inc (CVE:ESX)?

View our latest analysis for Essex Minerals TSXV:ESX Ownership_summary Apr 25th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership Another important group of shareholders are company insiders. … Next Steps: Institutional ownership in ESX is not at a level that would concern investors.

Simply Wall St -

What Is The Future Prospect For Basic Materials And Essex Minerals Inc (TSXV:ESX)?

TSXV:ESX PE PEG Gauge Nov 17th 17 The metals and mining sector's PE is currently hovering around 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of ESX, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

How Much Cash Is Left In The Bank For Essex Minerals Inc (TSXV:ESX)?

Looking at ESX’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … My cash burn analysis suggests that ESX has a cash runway of 2.4 years, given its current level of cash holdings. … The outcome of my analysis suggests that if ESX maintains the rate of opex growth, it will run out of cash in the upcoming years.

Simply Wall St -

Company Info

Description

Essex Minerals Inc., a natural resource company, engages in the acquisition and exploration of mining properties in Canada. The company primarily explores for copper and gold deposits. It holds an option to acquire a 100% interest in the Melba property comprising 8 mining claims comprising approximately 3966 hectares located in the Kamloops Mining District of British Columbia. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.

Details
Name: Essex Minerals Inc.
ESX
Exchange: TSXV
Founded: 2012
CA$469,125
10,425,007
Website: http://
Address: Essex Minerals Inc.
800 – 1199 West Hastings Street,
Vancouver,
British Columbia, V6E 3T5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ESX Common Shares TSX Venture Exchange CA CAD 17. Mar 2017
DB EWX Common Shares Deutsche Boerse AG DE EUR 17. Mar 2017
Number of employees
Current staff
Staff numbers
0
Essex Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:43
End of day share price update: 2019/03/13 00:00
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


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.