Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada. More Details
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Finlay Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FYL is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 25% a week.
Volatility Over Time: FYL's weekly volatility (25%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: FYL exceeded the Canadian Metals and Mining industry which returned -11.9% over the past year.
Return vs Market: FYL exceeded the Canadian Market which returned 27% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Finlay Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Finlay Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FYL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FYL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FYL is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: FYL 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 FYL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FYL's PB Ratio (2.4x) is in line with the CA Metals and Mining industry average.
How is Finlay Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Finlay Minerals performed over the past 5 years?
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, but has reduced losses over the past 5 years at a rate of 13.2% 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 (116%).
Return on Equity
High ROE: FYL has a negative Return on Equity (-1.59%), as it is currently unprofitable.
How is Finlay Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: FYL's short term assets (CA$261.8K) exceed its short term liabilities (CA$72.3K).
Long Term Liabilities: FYL's short term assets (CA$261.8K) do not cover its long term liabilities (CA$1.6M).
Debt to Equity History and Analysis
Debt Level: FYL is debt free.
Reducing Debt: FYL has not had any debt for past 5 years.
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 sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FYL is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
What is Finlay Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
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 FYL'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
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...
Experienced Management: FYL's management team is considered experienced (4 years average tenure).
Experienced Board: FYL's board of directors are not considered experienced ( 2.3 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: FYL insiders have only sold shares 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 32%.
Finlay Minerals Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Finlay Minerals Ltd.
- Ticker: FYL
- Exchange: TSXV
- Founded: 1999
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$18.464m
- Shares outstanding: 123.09m
- Website: https://www.finlayminerals.com
- Finlay Minerals Ltd.
- 800 West Pender Street
- Suite 615
- British Columbia
- V6C 2V6
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, epithe...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:29|
|End of Day Share Price||2021/09/15 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.