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European Electric Metals

TSXV:EVX
Snowflake Description

Mediocre balance sheet and slightly overvalued.

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

European Electric Metals Inc. engages in the acquisition and exploration of natural resource properties in Albania, Kosovo, and Portugal. The last earnings update was 89 days ago. More info.


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  • European Electric Metals has significant price volatility in the past 3 months.
EVX Share Price and Events
7 Day Returns
-5%
TSXV:EVX
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-76.5%
TSXV:EVX
-5.4%
CA Metals and Mining
0.9%
CA Market
EVX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
European Electric Metals (EVX) -5% -13.6% -34.5% -76.5% -90.5% -97.7%
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • EVX underperformed the Metals and Mining industry which returned -5.4% over the past year.
  • EVX underperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
EVX
Industry
5yr Volatility vs Market

Value

 Is European Electric Metals 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 European Electric Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.095.
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 European Electric Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are European Electric Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:EVX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$0.14
TSXV:EVX Share Price ** TSXV (2019-03-22) in CAD CA$0.1
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

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

** Primary Listing of European Electric Metals.

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

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

= 0.1 ÷ 0.14

0.7x

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

  • European Electric Metals is good value based on earnings compared to the CA Metals and Mining industry average.
  • European Electric Metals is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does European Electric Metals's expected growth come at a high price?
Raw Data
TSXV:EVX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.7x
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 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*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 European Electric Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on European Electric Metals's assets?
Raw Data
TSXV:EVX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:EVX Share Price * TSXV (2019-03-22) in CAD CA$0.1
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:EVX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.1 ÷ -0.01

-16.38x

* Primary Listing of European Electric Metals.

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

  • European Electric Metals has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.
X
Value checks
We assess European Electric Metals'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. European Electric Metals has a total score of 2/6, 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 European Electric Metals 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 European Electric 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 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
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is European Electric Metals expected to grow at an attractive rate?
  • Unable to compare European Electric Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare European Electric Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare European Electric Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:EVX Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 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:EVX 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:EVX Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -4 5
2018-07-31 -4 5
2018-04-30 -3 6
2018-01-31 -1 7
2017-10-31 0 -2
2017-07-31 -1 -1
2017-04-30 -1 -1
2017-01-31 -1 0
2016-10-31 -1 -1
2016-07-31 0 -2
2016-04-30 0 -3
2016-01-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if European Electric Metals is high growth as no earnings estimate data is available.
  • Unable to determine if European Electric 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.
Raw Data
TSXV:EVX 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 European Electric Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EVX Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 0.14
2018-07-31 0.19
2018-04-30 0.30
2018-01-31 0.56
2017-10-31 -0.18
2017-07-31 -0.09
2017-04-30 -0.13
2017-01-31 -0.04
2016-10-31 -0.08
2016-07-31 -0.18
2016-04-30 -0.27
2016-01-31 -0.09

*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 European Electric Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of EVX’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. European Electric Metals'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. European Electric Metals'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 European Electric Metals'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.
European Electric Metals 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 European Electric Metals 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 European Electric Metals'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.
  • European Electric Metals has delivered over 20% year on year earnings growth in the past 5 years.
  • European Electric Metals has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • European Electric Metals has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
European Electric Metals'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 European Electric Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EVX 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 4.70 3.52
2018-07-31 5.10 3.30
2018-04-30 5.77 2.85
2018-01-31 6.77 0.58
2017-10-31 -2.10 0.24
2017-07-31 -0.96 0.29
2017-04-30 -1.39 0.37
2017-01-31 -0.40 0.80
2016-10-31 -0.78 0.89
2016-07-31 -1.76 0.86
2016-04-30 -2.67 1.03
2016-01-31 -0.86 1.01
2015-10-31 -3.02 1.10
2015-07-31 -3.36 1.25
2015-04-30 -4.04 1.75
2015-01-31 -6.96 1.99
2014-10-31 -7.16 2.23
2014-07-31 -7.24 2.35
2014-04-30 -6.64 2.27
2014-01-31 -5.00 3.61
2013-10-31 -2.50 4.23
2013-07-31 -5.61 4.37
2013-04-30 -2.04 3.94
2013-01-31 -2.31 3.13
2012-10-31 -2.33 2.67
2012-07-31 2.51 3.40
2012-04-30 -1.26 5.03

*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 European Electric Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • European Electric Metals used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if European Electric Metals 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 European Electric Metals'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.
European Electric Metals has a total score of 2/6, 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 European Electric Metals'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 European Electric Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • European Electric Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • European Electric Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of European Electric 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 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.
  • European Electric Metals 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 European Electric Metals Company Filings, last reported 4 months ago.

TSXV:EVX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 -0.24 0.00 0.03
2018-07-31 0.55 0.00 0.22
2018-04-30 1.01 0.00 1.34
2018-01-31 -0.29 0.35 1.00
2017-10-31 -12.26 10.77 0.00
2017-07-31 -11.82 10.46 0.01
2017-04-30 -11.82 10.47 0.01
2017-01-31 -10.20 9.82 0.00
2016-10-31 -10.26 9.99 0.02
2016-07-31 -12.33 10.00 0.01
2016-04-30 -11.90 9.70 0.00
2016-01-31 -11.28 9.54 0.02
2015-10-31 -10.98 10.03 0.43
2015-07-31 -10.68 9.70 0.51
2015-04-30 -9.50 8.64 0.70
2015-01-31 -11.45 9.78 1.29
2014-10-31 -9.02 9.59 1.44
2014-07-31 -7.48 9.82 3.39
2014-04-30 -7.48 9.82 3.39
2014-01-31 -11.94 9.89 0.01
2013-10-31 -9.25 8.72 0.00
2013-07-31 -8.75 8.71 0.01
2013-04-30 -7.81 8.17 0.01
2013-01-31 -10.54 8.35 0.00
2012-10-31 -11.20 7.42 0.09
2012-07-31 -7.73 6.80 0.00
2012-04-30 -9.90 6.90 0.06
  • European Electric Metals has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if European Electric Metals's debt level has increased considering it has negative shareholder equity.
  • European Electric Metals has no debt, it does not need to be covered by operating cash flow.
  • European Electric Metals has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess European Electric Metals'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. European Electric Metals has a total score of 3/6, 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 European Electric Metals'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 European Electric Metals dividends.
If you bought CA$2,000 of European Electric Metals 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 European Electric Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate European Electric Metals'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:EVX 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 5.6%

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 European Electric Metals has not reported any payouts.
  • Unable to verify if European Electric Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of European Electric Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as European Electric Metals 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 European Electric Metals'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 European Electric Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. European Electric Metals 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 European Electric Metals'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
Fred Antonio Tejada
COMPENSATION CA$426,041
AGE 60
TENURE AS CEO 1.3 years
CEO Bio

Mr. Fred Antonio C. Tejada, P.Geo., has been the Chief Executive Officer of European Electric Metals Inc. (formerly, Tirex Resources Ltd.) since November 30, 2017. Mr. Tejada has been a Director of Cricket Resources Inc. (Alternate Name: Eastern Zinc Corp.) since April 2018. He serves as President of European Electric Metals Inc. since October 2011 and serves its Vice President of Exploration. Mr. Antonio served as the President and Secretary of Rise Gold Corp. (formerly, Rise Resources Inc.) since November 19, 2013 until April 2017 and previously served as its Chief Executive Officer from April 2, 2015 to August 1, 2016. Mr. Tejada served as an Interim Chief Executive Officer at Rise Resources Inc from November 19, 2013 to April 23, 2014. Mr. Tejada served as Vice President of Resource Investment at Sora Capital Corp. until August 2016. Mr. Tejada is a Professional Geoscientist and with 30 years of international mineral industry experience and has a proven track record, working with both major mining companies and exploration focused organizations. Mr. Tejada has been involved with Coronet's projects over the years and very familiar with its White Caps Gold Project in Nevada. He served as the Chief Executive Officer of Rise Resources Inc. from April 02, 2015 to August 1, 2016 and President from November 19, 2013 to April 23, 2014. Mr. Tejada served as Vice President of Operations and Exploration of European Electric Metals Inc. since June 15, 2011 to October 2011. He served as Acting Chief Financial Officer of Rise Resources Inc. since March 4, 2014 until April 2, 2015 and served as its Treasurer from November 19, 2013 to April 2, 2015. He served as an Interim Chief Executive Officer of Patriot Minefinders Inc. from November 19, 2013 to April 23, 2014. Mr. Tejada served as Vice President of Exploration at Panoro Minerals Ltd. from July 2007 to June 2011. He was involved in the resource definition drilling and coal quality aspects of major coal deposits in NE British Columbia, the Trend and Belcourt- Saxon, which are owned and operated by Peace River Coal, a subsidiary of Anglo American plc group. From 1996 to 2003, he served as Country Manager of Phelps Dodge Exploration in the Philippines with management responsibility for corporate and technical affairs including the exploration strategy and development and operation of a portfolio of exploration projects. He served as the President of the Philippine subsidiary companies for Phelps Dodge Exploration Corp. with responsibility over corporate matters and exploration activities from project generation, property acquisitions and permitting. From 1990 to 1995, Mr. Tejada served as an Assistant Group Manager of Benguet Corporation and Exploration Head of Philex Mining Corporation from 1985 to 1990. He has been a Director of MegumaGold Corp. (formerly known as Coronet Metals Inc.) since June 2016 and Black Smoker Ventures Inc. (known as Worldwide Promotional Products Corp) since August 16, 2011. He has been a Director of jager Resources Inc since August 16, 2011 and ePower Metals Inc. (also known as Argus Metals Corp.) since December 19, 2013. He has been a Director of European Electric Metals Inc. since May 29,2017. He has been an Independent Director of 37 Capital Inc. since December 18, 2009. He has been a Director at Corazon Gold Corporation since February 19, 2014. He served as a Director of Active Growth Capital Inc from January 24, 2011 to May 21, 2013 and Sora Capital Corp. since August 16, 2011 until August 18, 2016. He served as a Director of Rise Gold Corp. (formerly, Patriot Minefinders Inc.) since June 1, 2012. He served as an Independent Director of Green Arrow Resources Inc. (Bulldog Explorations Ltd.) since April 24, 2012 until May 2017. Mr. Tejada worked on more than 200 exploration projects worldwide and serves as the Head of the Geophysics Section, Department of Earth Sciences at Polytechnic University of Tirana. He is a registered Professional Geoscientist with the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC), a member of the Geological Association of Canada (GAC), the Canadian Institute of Mining Metallurgy and Petroleum (CIM) and the Society of Economic-Geologists (SEG) since November 2005. Mr. Tejada holds a Bachelor of Science Degree from the Adamson University in Manila in 1979.

CEO Compensation
  • Fred Antonio's compensation has increased in line with European Electric Metals recently becoming profitable.
  • Fred Antonio's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the European Electric Metals management team in years:

5.3
Average Tenure
  • The average tenure for the European Electric Metals management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Fred Antonio Tejada

TITLE
CEO, President
COMPENSATION
CA$426K
AGE
60
TENURE
1.3 yrs

Jonathan Richards

TITLE
Chief Financial Officer
COMPENSATION
CA$239K
TENURE
9.3 yrs

Jose Branco

TITLE
Chief Geologist
TENURE
1.1 yrs

Shoni Bernard

TITLE
Corporate Secretary
AGE
60
TENURE
11.9 yrs
Board of Directors Tenure

Average tenure and age of the European Electric Metals board of directors in years:

2
Average Tenure
61
Average Age
  • The average tenure for the European Electric Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Booth

TITLE
Chairman of the Board
COMPENSATION
CA$159K
AGE
52
TENURE
0.9 yrs

Fred Antonio Tejada

TITLE
CEO, President
COMPENSATION
CA$426K
AGE
60
TENURE
2 yrs

George Gorzynski

TITLE
Director
COMPENSATION
CA$139K
AGE
62
TENURE
11.9 yrs

Fred Sveinson

TITLE
Director
COMPENSATION
CA$139K
AGE
71
TENURE
8.7 yrs

Erton Kaleshi

TITLE
Member of Albanian Advisory Team

Jeff Steiner

TITLE
Special Advisor
TENURE
6.5 yrs

Mark Crawford

TITLE
Member of Advisory Board & Director
TENURE
5 yrs

Ian Stalker

TITLE
AGE
67
TENURE
0.4 yrs

Chris Donaldson

TITLE
Director
TENURE
0.3 yrs

Dave Dreisinger

TITLE
Member of Advisory Board
AGE
60
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by European Electric Metals insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
08. Jan 19 Buy Fred Antonio Tejada Individual 08. Jan 19 08. Jan 19 3,000 CA$0.15 CA$435
01. Jan 19 Buy Fred Antonio Tejada Individual 27. Dec 18 27. Dec 18 2,000 CA$0.14 CA$280
04. Dec 18 Buy Christopher Donaldson Individual 04. Dec 18 04. Dec 18 30,000 CA$0.15 CA$4,500
X
Management checks
We assess European Electric Metals'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. European Electric Metals 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

Should You Be Tempted To Buy European Electric Metals Inc (CVE:EVX) At Its Current PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between European Electric Metals Inc (CVE:EVX)’s fundamentals and stock market performance. … European Electric Metals Inc (CVE:EVX) is currently trading at a trailing P/E of 0.3x, which is lower than the industry average of 10.6x.

Simply Wall St -

Company Info

Description

European Electric Metals Inc. engages in the acquisition and exploration of natural resource properties in Albania, Kosovo, and Portugal. The company holds a mining license in the Rehova copper project located in Albania. It also explores for nickel and cobalt deposits. The company was formerly known as Tirex Resources Ltd. and changed its name to European Electric Metals Inc. in January 2018. European Electric Metals Inc. was founded in 2006 and is headquartered in Vancouver, Canada.

Details
Name: European Electric Metals Inc.
EVX
Exchange: TSXV
Founded: 2006
CA$4,090,996
43,063,126
Website: http://www.europeanelectricmetals.com
Address: European Electric Metals Inc.
1090 West Georgia Street,
Suite 488,
Vancouver,
British Columbia, V6E 3V7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV EVX Common Shares TSX Venture Exchange CA CAD 19. Oct 2007
OTCPK EVXX.F Common Shares Pink Sheets LLC US USD 19. Oct 2007
Number of employees
Current staff
Staff numbers
0
European Electric Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:01
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2018/12/24
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/04/30


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.