TSXV:HAN

Stock Analysis Report

Executive Summary

Hannan Metals Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada, Ireland, and Peru.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Hannan Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

4.5%

HAN

4.7%

CA Metals and Mining

0.2%

CA Market


1 Year Return

100.0%

HAN

4.8%

CA Metals and Mining

4.6%

CA Market

Return vs Industry: HAN exceeded the Canadian Metals and Mining industry which returned 4.8% over the past year.

Return vs Market: HAN exceeded the Canadian Market which returned 4.6% over the past year.


Shareholder returns

HANIndustryMarket
7 Day4.5%4.7%0.2%
30 Day-6.1%5.2%0.5%
90 Day206.7%13.4%4.0%
1 Year100.0%100.0%5.5%4.8%7.9%4.6%
3 Year-36.1%-36.1%-2.8%-4.4%17.8%7.2%
5 Year187.5%187.5%25.5%21.8%33.7%14.2%

Price Volatility Vs. Market

How volatile is Hannan Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hannan Metals undervalued compared to its fair value and its price relative to the market?

3.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HAN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HAN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HAN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: HAN 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 HAN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HAN is overvalued based on its PB Ratio (3.3x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

14.1%

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 Hannan Metals 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 Hannan Metals performed over the past 5 years?

-36.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HAN is currently unprofitable.

Growing Profit Margin: HAN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HAN is unprofitable, and losses have increased over the past 5 years at a rate of -36.5% per year.

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

Earnings vs Industry: HAN 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: HAN has a negative Return on Equity (-18.32%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hannan Metals's financial position?


Financial Position Analysis

Short Term Liabilities: HAN's short term assets (CA$340.9K) exceed its short term liabilities (CA$295.9K).

Long Term Liabilities: HAN's short term assets (CA$340.9K) do not cover its long term liabilities (CA$352.6K).


Debt to Equity History and Analysis

Debt Level: HAN's debt to equity ratio (8.7%) is considered satisfactory.

Reducing Debt: HAN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: HAN has a high level of physical assets or inventory.

Debt Coverage by Assets: HAN's debt is not covered by short term assets (assets are 1x 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: HAN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -49.1% each year


Next Steps

Dividend

What is Hannan Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HAN'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 HAN'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?

6.6yrs

Average management tenure


CEO

Michael Hudson (50yo)

3.1yrs

Tenure

CA$96,000

Compensation

Mr. Michael Robert Hudson, B.Sc.(Hons), GDipAppFin, FAusIMM, MSEG, MAIG is a Co-Founder of Mawson Resources Ltd. and has also been its Chief Executive Officer and Executive Director since March 30, 2004. M ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD72.65K) is below average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Hudson
Chairman & CEO3.1yrsCA$96.00k0.27% CA$46.0k
Harvey Lim
Chief Financial Officer6.6yrsCA$9.00k0.19% CA$31.6k
Lars Dahlenborg
President1.1yrsno data0.62% CA$105.4k
Oleg Kim
Vice President of Operations12.6yrsCA$90.23kno data
Malcolm Lake
Technical Director12.1yrsno datano data
Mariana Bermudez
Corporate Secretary6.2yrsno datano data
Gregory Crowe
Consultant12.5yrsno datano data

6.6yrs

Average Tenure

59yo

Average Age

Experienced Management: HAN's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Hudson
Chairman & CEO3.1yrsCA$96.00k0.27% CA$46.0k
Nick DeMare
Director17.3yrsCA$53.05k2.19% CA$374.2k
Andrew Fedak
Member of Advisory Board12.2yrsno datano data
David Henstridge
Independent Director6.6yrsCA$9.00k4.56% CA$778.4k
Kenneth Kuchling
Member of Advisory Board12.9yrsno datano data
Georgina Carnegie
Independent Director2.9yrsCA$25.25k0.82% CA$140.4k
Ciara Talbot
Independent Non-Executive Director2.3yrsCA$9.00kno data

6.6yrs

Average Tenure

63yo

Average Age

Experienced Board: HAN's board of directors are considered experienced (6.6 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.2%.


Top Shareholders

Company Information

Hannan Metals Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hannan Metals Ltd.
  • Ticker: HAN
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$17.051m
  • Shares outstanding: 74.14m
  • Website: https://www.hannanmetals.com

Location

  • Hannan Metals Ltd.
  • 1090 West Georgia Street
  • Suite 1305
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HANTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2000
C8MQDB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2000
HANN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2000

Biography

Hannan Metals Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada, Ireland, and Peru. It explores for copper, silver, zinc, and lead deposits. The company holds 100% interest in the Clare project, which consists of 10 prospecting licenses located in County Clare, Ireland. It also holds interests in the San Martin project covering an area of 52,100 hectares located to the northwest of Tarapoto, in the Cordillera Ayu Mayo, Peru. The company was formerly known as Mitchell Resources Ltd. and changed its name to Hannan Metals Ltd. in January 2017. Hannan Metals Ltd. is headquartered 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 01:15
End of Day Share Price2020/02/21 00:00
Earnings2019/11/30
Annual Earnings2019/05/31


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.