TSXV:FTJ

Stock Analysis Report

Fort St. James Nickel

Executive Summary

Fort St. James Nickel Corp., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in North America.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Fort St. James Nickel's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FTJ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

FTJ

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

-55.8%

FTJ

5.2%

CA Metals and Mining

4.7%

CA Market

Return vs Industry: FTJ underperformed the Canadian Metals and Mining industry which returned 5.2% over the past year.

Return vs Market: FTJ underperformed the Canadian Market which returned 4.7% over the past year.


Shareholder returns

FTJIndustryMarket
7 Day0%4.7%0.1%
30 Day15.0%4.2%0.8%
90 Dayn/a15.2%3.7%
1 Year-55.8%-55.8%5.8%5.2%7.9%4.7%
3 Year27.8%27.8%-2.4%-4.0%17.9%7.3%
5 Year130.0%130.0%25.6%22.0%33.8%14.4%

Price Volatility Vs. Market

How volatile is Fort St. James Nickel's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fort St. James Nickel undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Fort St. James Nickel is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Fort St. James Nickel has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of FTJ’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.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Fort St. James Nickel regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Fort St. James Nickel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

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 Fort St. James Nickel 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.


Next Steps

Past Performance

How has Fort St. James Nickel performed over the past 5 years?

-2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FTJ is currently unprofitable.

Growing Profit Margin: FTJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FTJ is unprofitable, and losses have increased over the past 5 years at a rate of -2.1% per year.

Accelerating Growth: Unable to compare FTJ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FTJ 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: FTJ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Fort St. James Nickel's financial position?


Financial Position Analysis

Short Term Liabilities: FTJ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FTJ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FTJ has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FTJ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: FTJ has a low level of unsold assets or inventory.

Debt Coverage by Assets: FTJ has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: FTJ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FTJ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.1% each year


Next Steps

Dividend

What is Fort St. James Nickel's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate FTJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FTJ'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 FTJ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FTJ'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 FTJ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Barry Brown (66yo)

3.9yrs

Tenure

CA$20,473

Compensation

Mr. Barry Brown has been the Chief Executive Officer and President of Fort St. James Nickel Corp. since March 9, 2016. Mr. Brown has been the President at Strikezone Minerals (Canada) Ltd. since February 2 ...


Leadership Team

NamePositionTenureCompensationOwnership
Barry Brown
President3.9yrsCA$20.47k7.1% CA$163.9k
Nicolette Keith
Chief Financial Officer1.8yrsCA$20.47kno data
Scott Kent
Corporate Secretary & Director13.6yrsCA$20.47kno data
Jennifer Lamb
Controller0yrsno datano data
Carlos Arias
Vice President of International Projects12.4yrsno datano data
Nick Daniel
Consultant0yrsno datano data
James Morton
Technical Advisor0yrsno datano data

5.2yrs

Average Tenure

66yo

Average Age

Experienced Management: FTJ's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Barry Brown
President3.9yrsCA$20.47k7.1% CA$163.9k
Scott Kent
Corporate Secretary & Director13.6yrsCA$20.47kno data
Quinn Field-Dyte
Independent Director2.9yrsCA$20.47kno data
Reginald Wilson
Member of Advisory Board1.5yrsno datano data

3.5yrs

Average Tenure

Experienced Board: FTJ's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FTJ insiders have bought and sold the same number of shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fort St. James Nickel Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fort St. James Nickel Corp.
  • Ticker: FTJ
  • Exchange: TSXV
  • Founded: 1988
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.307m
  • Shares outstanding: 20.06m
  • Website: https://ftjminerals.com

Location

  • Fort St. James Nickel Corp.
  • 888 Dunsmuir Street
  • Suite 888
  • Vancouver
  • British Columbia
  • V6C 3K4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTJTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 1990
OARF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1990

Biography

Fort St. James Nickel Corp., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in North America. It explores for nickel deposits. The company holds a 100% interest in the Kilometer 26 property consisting of 5,778 hectares in the Omineca Mining Division, British Columbia. Fort St. James Nickel Corp. was incorporated in 1988 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 02:26
End of Day Share Price2020/02/20 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


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.