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Harfang Exploration

TSXV:HAR
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HAR
TSXV
CA$10M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Harfang Exploration Inc., an exploration and evaluation stage company, acquires and explores for mineral properties in Canada. The last earnings update was 31 days ago. More info.


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  • Harfang Exploration has significant price volatility in the past 3 months.
HAR Share Price and Events
7 Day Returns
9.8%
TSXV:HAR
5.5%
CA Metals and Mining
-0.2%
CA Market
1 Year Returns
12%
TSXV:HAR
6.8%
CA Metals and Mining
-2.8%
CA Market
HAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Harfang Exploration (HAR) 9.8% 9.8% 27.3% 12% - -
CA Metals and Mining 5.5% 10.3% 13.7% 6.8% -14% -14.5%
CA Market -0.2% -0.4% -2.3% -2.8% 7.6% 0%
1 Year Return vs Industry and Market
  • HAR outperformed the Metals and Mining industry which returned 6.8% over the past year.
  • HAR outperformed the Market in Canada which returned -2.8% over the past year.
Price Volatility
HAR
Industry
5yr Volatility vs Market

HAR Value

 Is Harfang Exploration undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Harfang Exploration. This is due to cash flow or dividend data being unavailable. The share price is CA$0.28.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Harfang Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Harfang Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:HAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.04
TSXV:HAR Share Price ** TSXV (2019-07-17) in CAD CA$0.28
Canada Metals and Mining Industry PE Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 15.53x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 15.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Harfang Exploration.

TSXV:HAR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:HAR Share Price ÷ EPS (both in CAD)

= 0.28 ÷ -0.04

-7.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Harfang Exploration is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Harfang Exploration is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Harfang Exploration's expected growth come at a high price?
Raw Data
TSXV:HAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.89x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Harfang Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Harfang Exploration's assets?
Raw Data
TSXV:HAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.10
TSXV:HAR Share Price * TSXV (2019-07-17) in CAD CA$0.28
Canada Metals and Mining Industry PB Ratio Median Figure of 1,102 Publicly-Listed Metals and Mining Companies 1.4x
Canada Market PB Ratio Median Figure of 2,442 Publicly-Listed Companies 1.44x
TSXV:HAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:HAR Share Price ÷ Book Value per Share (both in CAD)

= 0.28 ÷ 0.10

2.7x

* Primary Listing of Harfang Exploration.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Harfang Exploration is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Harfang Exploration's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Harfang Exploration has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HAR Future Performance

 How is Harfang Exploration expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Harfang Exploration 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29.5%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Harfang Exploration expected to grow at an attractive rate?
  • Unable to compare Harfang Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Harfang Exploration's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Harfang Exploration's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:HAR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 29.5%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:HAR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:HAR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 0 -1 -1
2019-01-31 0 -1 -1
2018-10-31 0 -1 -1
2018-07-31 0 -1 -1
2018-04-30 0 -1 -2
2018-01-31 -1 -2
2017-10-31 -1 -1
2017-07-31 -1 -1
2017-04-30 0 0
2017-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Harfang Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Harfang Exploration is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:HAR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Harfang Exploration Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:HAR Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.04
2019-01-31 -0.04
2018-10-31 -0.04
2018-07-31 -0.03
2018-04-30 -0.08
2018-01-31 -0.09
2017-10-31 -0.10
2017-07-31 -0.12
2017-04-30 -0.03
2017-01-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Harfang Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Harfang Exploration'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.
  2. Harfang Exploration's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Harfang Exploration's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Harfang Exploration's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Harfang Exploration has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HAR Past Performance

  How has Harfang Exploration performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Harfang Exploration's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Harfang Exploration does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Harfang Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Harfang Exploration's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Harfang Exploration's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Harfang Exploration Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:HAR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 0.00 -1.19 1.42
2019-01-31 0.00 -1.17 1.36
2018-10-31 0.00 -1.03 1.25
2018-07-31 0.00 -0.89 1.14
2018-04-30 0.00 -1.60 1.06
2018-01-31 -1.54 0.92
2017-10-31 -1.49 0.88
2017-07-31 -1.47 0.76
2017-04-30 -0.41 0.35
2017-01-31 -0.31 0.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Harfang Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Harfang Exploration has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Harfang Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Harfang Exploration's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Harfang Exploration has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HAR Health

 How is Harfang Exploration's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Harfang Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Harfang Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Harfang Exploration has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Harfang Exploration's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Harfang Exploration has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Harfang Exploration Company Filings, last reported 2 months ago.

TSXV:HAR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 3.85 0.00 3.32
2019-01-31 2.92 0.00 2.29
2018-10-31 3.18 0.00 2.45
2018-07-31 3.45 0.00 3.07
2018-04-30 2.93 0.00 2.34
2018-01-31 3.08 0.00 2.49
2017-10-31 3.21 0.00 2.49
2017-07-31 3.34 0.00 2.88
2017-04-30 1.44 0.00 0.78
2017-01-31 1.55 0.00 0.86
  • Harfang Exploration has no debt.
  • Harfang Exploration has not taken on any debt in the 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.

  • Harfang Exploration has sufficient cash runway for 2.2 years based on current free cash flow.
  • Harfang Exploration has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 35.1% each year.
X
Financial health checks
We assess Harfang Exploration's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Harfang Exploration has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HAR Dividends

 What is Harfang Exploration's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Harfang Exploration dividends.
If you bought CA$2,000 of Harfang Exploration shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Harfang Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Harfang Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:HAR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Harfang Exploration has not reported any payouts.
  • Unable to verify if Harfang Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Harfang Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Harfang Exploration has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Harfang Exploration's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Harfang Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Harfang Exploration has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HAR Management

 What is the CEO of Harfang Exploration's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
François Goulet
COMPENSATION CA$140,000
AGE 36
CEO Bio

Mr. François Goulet serves as Chief Executive Officer and President at Harfang Exploration Inc. Mr. Goulet has extensive international experience in advanced mining projects developed in tropical and northern environments. Mr. Goulet has worked for Virginia Mines Inc., Unigold Inc., Canadian Malartic General Partnership, Glencore Canada Corporation and for several junior companies. He has extensive international experience in advanced mining projects developed in tropical and northern environments. He is also supported by the Mine d’Avenir committee, a network of people involved in all aspects of mining exploration and development formed to promote the upcoming generation of mining entrepreneurs. He serves as a Director of Harfang Exploration Inc. He teached economic geology at Université du Québec à Montréal (UQAM) from September 2013 to December 2016. He holds a MSc degree in structural and economic geology.

CEO Compensation
  • François's compensation has increased whilst company is loss making.
  • François's remuneration is about average for companies of similar size in Canada.
Management Team

François Goulet

TITLE
President
COMPENSATION
CA$140K
AGE
36

Yvon Robert

TITLE
Chief Financial Officer
COMPENSATION
CA$104K
AGE
48
TENURE
2.1 yrs

Marc Pothier

TITLE
Corporate Secretary
AGE
52
Board of Directors Tenure

Average tenure and age of the Harfang Exploration board of directors in years:

2.3
Average Tenure
54.5
Average Age
  • The average tenure for the Harfang Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors

André Gaumond

TITLE
Chairman
AGE
57

François Goulet

TITLE
President
COMPENSATION
CA$140K
AGE
36
TENURE
3.3 yrs

Frank Mariage

TITLE
Director
AGE
45
TENURE
2.3 yrs

Robin Villeneuve

TITLE
Director
AGE
52
TENURE
2.3 yrs

Jean-Pierre Janson

TITLE
Director
AGE
68
TENURE
2.3 yrs

Sylvie Prud'homme

TITLE
Director
AGE
62
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
29. Apr 19 Buy André Gaumond Individual 20. Mar 19 20. Mar 19 50,000 CA$0.30 CA$15,000
26. Mar 19 Buy Jean-Pierre Janson Individual 20. Mar 19 20. Mar 19 35,000 CA$0.30 CA$10,500
26. Mar 19 Buy André Gaumond Individual 20. Mar 19 20. Mar 19 15,000 CA$0.30 CA$4,500
21. Mar 19 Buy Frank Mariage Individual 20. Mar 19 20. Mar 19 10,000 CA$0.30 CA$3,000
21. Mar 19 Buy Osisko Gold Royalties Ltd Company 20. Mar 19 20. Mar 19 1,214,286 CA$0.21 CA$249,899
16. Aug 18 Buy Pierre Labbé Individual 16. Aug 18 16. Aug 18 20,000 CA$0.26 CA$5,100
X
Management checks
We assess Harfang Exploration's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Harfang Exploration has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HAR News

Simply Wall St News

Do Directors Own Harfang Exploration Inc. (CVE:HAR) Shares?

View our latest analysis for Harfang Exploration TSXV:HAR Ownership Summary, June 20th 2019 What Does The Institutional Ownership Tell Us About Harfang Exploration? … General Public Ownership The general public, who are mostly retail investors, collectively hold 60% of Harfang Exploration shares. … Public Company Ownership We can see that public companies hold 17%, of the HAR shares on issue.

Simply Wall St -

Did Harfang Exploration Inc. (CVE:HAR) Insiders Buy Up More Shares?

The Last 12 Months Of Insider Transactions At Harfang Exploration. … Overall, Harfang Exploration insiders were net buyers last year … These transactions suggest that insiders have considered the current price of CA$0.20 attractive.

Simply Wall St -

What Kind Of Shareholder Appears On The Harfang Exploration Inc.'s (CVE:HAR) Shareholder Register?

If you want to know who really controls Harfang Exploration Inc. … With a market capitalization of CA$6.7m, Harfang Exploration is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Harfang Exploration

Simply Wall St -

What You Must Know About Harfang Exploration Inc's (CVE:HAR) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does HAR's growth rate justify its decision for financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Are Harfang Exploration Inc's (CVE:HAR) Interest Costs Too High?

The direct benefit for Harfang Exploration Inc (CVE:HAR), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is HAR will have to adhere to stricter debt covenants and have less financial flexibility. … Does HAR's growth rate justify its decision for financial flexibility over lower cost of capital

Simply Wall St -

HAR Company Info

Description

Harfang Exploration Inc., an exploration and evaluation stage company, acquires and explores for mineral properties in Canada. The company primarily explores for gold, copper, and precious metal deposits. It holds 100% interests in the Lake Ménarik property consisting of 93 claims covering an area of 4,779 hectares located in the James Bay area; the Ménarik East property that consists of 68 claims covering an area of 3,494 hectares located in the southeast of Radisson; the Serpent property consisting of 295 mining covering an area of 5,267 hectares located in the James Bay area; and the Muskeg property that consists of 60 claims covering an area of 3,168 hectares located in James Bay area. The company also holds interests in the Lake Aulneau property that comprises 134 claims; the Lac Fagnant property that consists of 74 mining claims; and the Lake Tapiatic property that includes 46 claims covering an area of 7,430.22 hectares in the James Bay area. Harfang Exploration Inc. is headquartered in Montreal, Canada.

Details
Name: Harfang Exploration Inc.
HAR
Exchange: TSXV
Founded:
CA$10,378,250
37,065,181
Website: http://www.harfangexploration.com/en
Address: Harfang Exploration Inc.
1100, avenue des Canadiensde-Montréal,
Suite 300,
Montreal,
Quebec, H3B 2S2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV HAR Common Shares TSX Venture Exchange CA CAD 26. Jun 2017
OTCPK HRFE.F Common Shares Pink Sheets LLC US USD 26. Jun 2017
Number of employees
Current staff
Staff numbers
0
Harfang Exploration employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 00:56
End of day share price update: 2019/07/17 00:00
Last earnings filing: 2019/06/19
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.