FRED Stock Overview
Fredonia Mining Inc. engages in the exploration of gold and silver resources.
Fredonia Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.12|
|52 Week High||CA$0.37|
|52 Week Low||CA$0.095|
|1 Month Change||-17.86%|
|3 Month Change||-28.13%|
|1 Year Change||-20.69%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-54.00%|
Recent News & Updates
|FRED||CA Metals and Mining||CA Market|
Return vs Industry: FRED underperformed the Canadian Metals and Mining industry which returned -14.2% over the past year.
Return vs Market: FRED underperformed the Canadian Market which returned 0.7% over the past year.
|FRED Average Weekly Movement||n/a|
|Metals and Mining Industry Average Movement||11.7%|
|Market Average Movement||10.6%|
|10% most volatile stocks in CA Market||18.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: Insufficient data to determine FRED's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine FRED's volatility change over the past year.
About the Company
Fredonia Mining Inc. engages in the exploration of gold and silver resources. Its flagship project is the El Dorado Monserrat project that comprises various license blocks covering approximately 6,000 ha. The company was incorporated in 2012 and is headquartered in Toronto, Canada.
Fredonia Mining Fundamentals Summary
|FRED fundamental statistics|
Is FRED overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FRED income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.013|
|Net Profit Margin||0.00%|
How did FRED perform over the long term?See historical performance and comparison
Is FRED undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FRED?
Other financial metrics that can be useful for relative valuation.
|What is FRED's n/a Ratio?|
Price to Book Ratio vs Peers
How does FRED's PB Ratio compare to its peers?
|FRED PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
CAPT Capitan Mining
RK Rockhaven Resources
ABI Abcourt Mines
TDG TDG Gold
FRED Fredonia Mining
Price-To-Book vs Peers: FRED is good value based on its Price-To-Book Ratio (3.2x) compared to the peer average (9x).
Price to Earnings Ratio vs Industry
How does FRED's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: FRED is expensive based on its Price-To-Book Ratio (3.2x) compared to the Canadian Metals and Mining industry average (1.7x)
Price to Book Ratio vs Fair Ratio
What is FRED's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||3.2x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate FRED's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FRED when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate FRED's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FRED's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Fredonia Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Fredonia 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.
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- Examine Fredonia Mining'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.
- Fredonia Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Fredonia Mining performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: FRED is currently unprofitable.
Growing Profit Margin: FRED is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FRED's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare FRED's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRED is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-16.2%).
Return on Equity
High ROE: FRED has a negative Return on Equity (-47.92%), as it is currently unprofitable.
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How is Fredonia Mining's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: FRED's short term assets ($1.5M) exceed its short term liabilities ($319.1K).
Long Term Liabilities: FRED has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FRED is debt free.
Reducing Debt: FRED had no debt 5 years ago.
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: FRED has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FRED is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
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What is Fredonia Mining current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRED's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRED's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FRED's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRED's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FRED has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Estani Auriemma (48 yo)
Mr. Estanislao Ricardo Auriemma, also known as Estani, has been an Independent Director of Neo Lithium Corporation since November 20, 2018. Mr. Auriemma is Director of Pentagon I Capital Corp. He joined Gr...
CEO Compensation Analysis
Compensation vs Market: Estani's total compensation ($USD166.09K) is about average for companies of similar size in the Canadian market ($USD186.79K).
Compensation vs Earnings: Insufficient data to compare Estani's compensation with company performance.
Experienced Management: FRED's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: FRED's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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 16.4%.
Fredonia Mining Inc.'s employee growth, exchange listings and data sources
- Name: Fredonia Mining Inc.
- Ticker: FRED
- Exchange: TSXV
- Founded: 2012
- Industry: Precious Metals and Minerals
- Sector: Materials
- Implied Market Cap: CA$20.202m
- Shares outstanding: 175.67m
- Website: https://www.fredoniamanagement.com
- Fredonia Mining Inc.
- 350 Bay Street # 700
- M5H 2S6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 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.