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FYL

Finlay Minerals TSXV:FYL Stock Report

Last Price

CA$0.075

Market Cap

CA$9.6m

7D

-11.8%

1Y

-50.0%

Updated

26 Sep, 2022

Data

Company Financials
FYL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

FYL Stock Overview

Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada.

Finlay Minerals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Finlay Minerals
Historical stock prices
Current Share PriceCA$0.075
52 Week HighCA$0.19
52 Week LowCA$0.06
Beta1.58
1 Month Change-46.43%
3 Month Change-6.25%
1 Year Change-50.00%
3 Year Change25.00%
5 Year Change36.36%
Change since IPO-72.22%

Recent News & Updates

Shareholder Returns

FYLCA Metals and MiningCA Market
7D-11.8%-8.2%-6.4%
1Y-50.0%-17.2%-8.4%

Return vs Industry: FYL underperformed the Canadian Metals and Mining industry which returned -15.5% over the past year.

Return vs Market: FYL underperformed the Canadian Market which returned -7.3% over the past year.

Price Volatility

Is FYL's price volatile compared to industry and market?
FYL volatility
FYL Average Weekly Movement21.4%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.8%

Stable Share Price: FYL is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 21% a week.

Volatility Over Time: FYL's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1999n/aRobert Brownhttps://finlayminerals.com

Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada. It focuses on the exploration for gold-rich copper porphyry, epithermal gold, and mesothermal silver-copper targets. The company holds 100% interests in the Silver Hope property comprising 41 mineral tenures located in the Houston, British Columbia; and Atty property that includes 12 mineral tenure claims and PIL property consisting of 39 mineral tenures located in the Toodoggone mineral district.

Finlay Minerals Fundamentals Summary

How do Finlay Minerals's earnings and revenue compare to its market cap?
FYL fundamental statistics
Market CapCA$9.58m
Earnings (TTM)-CA$1.16m
Revenue (TTM)n/a

0.0x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FYL income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$1.16m
Earnings-CA$1.16m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0091
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did FYL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is FYL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FYL?

Other financial metrics that can be useful for relative valuation.

FYL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does FYL's PB Ratio compare to its peers?

FYL PB Ratio vs Peers
The above table shows the PB ratio for FYL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.1x
STUD Stallion Gold
0.8xn/aCA$10.2m
CBA Champion Bear Resources
4.1xn/aCA$7.2m
VONE Voyager Metals
2.2xn/aCA$10.7m
GCX Granite Creek Copper
1.3xn/aCA$10.2m
FYL Finlay Minerals
1xn/aCA$9.6m

Price-To-Book vs Peers: FYL is good value based on its Price-To-Book Ratio (1x) compared to the peer average (2.1x).


Price to Earnings Ratio vs Industry

How does FYL's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: FYL is good value based on its Price-To-Book Ratio (1x) compared to the Canadian Metals and Mining industry average (1.5x)


Price to Book Ratio vs Fair Ratio

What is FYL'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.

FYL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate FYL's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of FYL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate FYL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FYL'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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Future Growth

How is Finlay Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.5%

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 Finlay 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 SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of FYL’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.
  • Finlay Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Finlay Minerals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-44.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FYL is currently unprofitable.

Growing Profit Margin: FYL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FYL is unprofitable, and losses have increased over the past 5 years at a rate of 44.3% per year.

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

Earnings vs Industry: FYL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.3%).


Return on Equity

High ROE: FYL has a negative Return on Equity (-11.72%), as it is currently unprofitable.


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Financial Health

How is Finlay Minerals's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: FYL's short term assets (CA$1.5M) exceed its short term liabilities (CA$102.2K).

Long Term Liabilities: FYL's short term assets (CA$1.5M) do not cover its long term liabilities (CA$1.7M).


Debt to Equity History and Analysis

Debt Level: FYL is debt free.

Reducing Debt: FYL has not had any debt for past 5 years.


Balance Sheet


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

Forecast Cash Runway: FYL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46% each year


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Dividend

What is Finlay Minerals's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Finlay Minerals Dividend Yield vs Market
How does Finlay Minerals dividend yield compare to the market?
SegmentDividend Yield
Company (Finlay Minerals)n/a
Market Bottom 25% (CA)2.1%
Market Top 25% (CA)6.1%
Industry Average (Metals and Mining)2.9%
Analyst forecast in 3 Years (Finlay Minerals)n/a

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

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

Growing Dividend: Insufficient data to determine if FYL'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 FYL has not reported any payouts.


Discover strong dividend paying companies

Management

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

5.0yrs

Average management tenure


CEO

Robert Brown

no data

Tenure

CA$7,480

Compensation

Mr. Robert F. Brown, P. Eng., P.Geo, serves as the Chief Executive Officer and President of Finlay Minerals Ltd. Mr. Brown serves as Vice President of Exploration of Minera Mexicana El Rosario, S.A. de C.V...


CEO Compensation Analysis

Robert Brown's Compensation vs Finlay Minerals Earnings
How has Robert Brown's remuneration changed compared to Finlay Minerals's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-CA$1m

Mar 31 2022n/an/a

-CA$1m

Dec 31 2021CA$7kCA$7k

-CA$1m

Compensation vs Market: Robert's total compensation ($USD5.46K) is below average for companies of similar size in the Canadian market ($USD179.12K).

Compensation vs Earnings: Insufficient data to compare Robert's compensation with company performance.


Leadership Team

Experienced Management: FYL's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: FYL's board of directors are considered experienced (3.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: FYL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSXV:FYL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
14 Jul 22BuyCA$8,000John BaraksoIndividual100,000CA$0.08
28 Jun 22BuyCA$8,000John BaraksoIndividual100,000CA$0.08
23 Jun 22BuyCA$720John BaraksoIndividual9,000CA$0.08
21 Jun 22BuyCA$2,640John BaraksoIndividual33,000CA$0.08
17 Jun 22BuyCA$8,000John BaraksoIndividual100,000CA$0.08
10 Jun 22BuyCA$8,000John BaraksoIndividual100,000CA$0.08
02 Jun 22BuyCA$2,970John BaraksoIndividual33,000CA$0.09
01 Jun 22BuyCA$1,620John BaraksoIndividual18,000CA$0.09
31 May 22BuyCA$4,500John BaraksoIndividual50,000CA$0.09
30 May 22BuyCA$1,890John BaraksoIndividual21,000CA$0.09
19 May 22BuyCA$4,750John BaraksoIndividual50,000CA$0.095
16 May 22BuyCA$5,000John BaraksoIndividual50,000CA$0.10
18 Nov 21BuyCA$150,000John BaraksoIndividual1,153,846CA$0.13

Ownership Breakdown

What is the ownership structure of FYL?
Owner TypeNumber of SharesOwnership Percentage
Private Companies9,395,5007.4%
Hedge Funds14,176,40811.1%
Individual Insiders22,134,23917.3%
General Public81,960,64164.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.


Top Shareholders

Top 12 shareholders own 35.8% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.14%
John Barakso
18,048,534CA$1.4m0%no data
11.1%
Crescat Portfolio Management LLC
14,176,408CA$1.1m0%0.62%
7.36%
Electrum Resource Corporation
9,395,500CA$704.7k0%no data
1.42%
John Barakso
1,817,846CA$136.3k5.82%no data
0.82%
Robert Brown
1,042,859CA$78.2k0%no data
0.32%
Richard Dauphinee
412,000CA$30.9k0%no data
0.16%
Ilona Lindsay
200,000CA$15.0k0%no data
0.15%
Linda Smith
195,500CA$14.7k0%no data
0.15%
Kevin Smith
195,500CA$14.7k0%no data
0.12%
David Schwartz
150,000CA$11.3k0%no data
0.052%
Alvin Jackson
67,000CA$5.0k0%no data
0.0039%
Kristina Walcott
5,000CA$375.00%no data

Company Information

Finlay Minerals Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Finlay Minerals Ltd.
  • Ticker: FYL
  • Exchange: TSXV
  • Founded: 1999
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$9.575m
  • Shares outstanding: 127.67m
  • Website: https://finlayminerals.com

Location

  • Finlay Minerals Ltd.
  • 800 West Pender Street
  • Suite 615
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FYLTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2002
FYMN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2002
FIGDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2002

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/26 00:00
End of Day Share Price2022/09/26 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.