Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina.
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Filo Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FIL has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: FIL underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: FIL underperformed the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Filo Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Shareholders Own Filo Mining Corp. (CVE:FIL)?
1 month ago | Simply Wall StWe Think Filo Mining (CVE:FIL) Can Afford To Drive Business Growth
2 months ago | Simply Wall StHave Insiders Been Selling Filo Mining Corp. (CVE:FIL) Shares?
Is Filo Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FIL (CA$2) is trading below our estimate of fair value (CA$20.22)
Significantly Below Fair Value: FIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FIL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: FIL 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 FIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FIL is overvalued based on its PB Ratio (6.6x) compared to the CA Metals and Mining industry average (1.6x).
How is Filo Mining forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FIL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FIL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FIL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if FIL's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if FIL's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FIL's Return on Equity is forecast to be high in 3 years time
How has Filo Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FIL is currently unprofitable.
Growing Profit Margin: FIL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FIL is unprofitable, and losses have increased over the past 5 years at a rate of -30.8% per year.
Accelerating Growth: Unable to compare FIL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FIL 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: FIL has a negative Return on Equity (-100.54%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Filo Mining's financial position?
Financial Position Analysis
Short Term Liabilities: FIL's short term assets (CA$21.2M) exceed its short term liabilities (CA$2.1M).
Long Term Liabilities: FIL's short term assets (CA$21.2M) exceed its long term liabilities (CA$17.3K).
Debt to Equity History and Analysis
Debt Level: FIL is debt free.
Reducing Debt: FIL had no debt 5 years ago.
Inventory Level: FIL has a high level of physical assets or inventory.
Debt Coverage by Assets: FIL's debt is not covered by short term assets (assets are -1.5283686631999E+18x 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: FIL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FIL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Filo Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FIL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FIL'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 FIL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FIL'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 FIL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adam Lundin (32yo)
Mr. Adam I. Lundin is a Director at NGEx Minerals Ltd. He has been Director at Africa Energy Corp. since July 05, 2018. He has been the Chief Executive Officer of Filo Mining Corp. since September 11, 2017 ...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD549.61K) is above average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
|CEO & Director||2.4yrs||CA$726.24k||0.23% CA$405.0k|
|Chief Financial Officer||3.3yrs||CA$334.33k||no data|
|Vice President of Exploration||3.6yrs||CA$350.08k||0.13% CA$232.5k|
|GM of South America Operations||0yrs||CA$271.68k||0.023% CA$39.8k|
|South American General Manager||0yrs||no data||no data|
|Corporate Secretary||0.4yrs||no data||no data|
Experienced Management: FIL's management team is considered experienced (2.4 years average tenure).
|CEO & Director||2.4yrs||CA$726.24k||0.23% CA$405.0k|
|Non-Executive Chairman of the Board||3.5yrs||CA$138.72k||0.65% CA$1.1m|
|Lead Director||3.6yrs||CA$139.80k||2.64% CA$4.7m|
|Independent Director||3.6yrs||CA$143.26k||no data|
|Independent Director||3.6yrs||CA$138.26k||no data|
Experienced Board: FIL's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Filo Mining Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Filo Mining Corp.
- Ticker: FIL
- Exchange: TSXV
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$176.437m
- Shares outstanding: 88.22m
- Website: https://www.filo-mining.com
Number of Employees
- Filo Mining Corp.
- 885 West Georgia Street
- Suite 2000
- British Columbia
- V6C 3E8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FIL||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2016|
|FIL||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Aug 2016|
|2FC||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2016|
|FLMM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2016|
Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 03:42|
|End of Day Share Price||2020/02/21 00:00|
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.