Harfang Exploration Inc., an exploration and evaluation stage company, primarily acquires and explores for gold properties in Canada.
+ 1 more risk
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Harfang Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HAR's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: HAR underperformed the Canadian Metals and Mining industry which returned 52.9% over the past year.
Return vs Market: HAR exceeded the Canadian Market which returned -4.1% over the past year.
Price Volatility Vs. Market
How volatile is Harfang Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StShould You Be Concerned About Harfang Exploration Inc.'s (CVE:HAR) Historical Volatility?
3 months ago | Simply Wall StVolatility 101: Should Harfang Exploration (CVE:HAR) Shares Have Dropped 13%?
4 months ago | Simply Wall StHow Much Of Harfang Exploration Inc. (CVE:HAR) Do Insiders Own?
Is Harfang Exploration 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 HAR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HAR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HAR is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: HAR 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 HAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HAR is overvalued based on its PB Ratio (3.9x) compared to the CA Metals and Mining industry average (2.9x).
How is Harfang Exploration 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 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 SimplyWall St do have past financial data.
- 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.
- Harfang Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Harfang Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAR is currently unprofitable.
Growing Profit Margin: HAR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HAR is unprofitable, and losses have increased over the past 5 years at a rate of 11.6% per year.
Accelerating Growth: Unable to compare HAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HAR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).
Return on Equity
High ROE: HAR has a negative Return on Equity (-41.21%), as it is currently unprofitable.
How is Harfang Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: HAR's short term assets (CA$2.7M) exceed its short term liabilities (CA$276.4K).
Long Term Liabilities: HAR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HAR is debt free.
Reducing Debt: HAR 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: HAR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HAR has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 25.3% each year.
What is Harfang Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HAR'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 HAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HAR'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 HAR'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 board tenure
François Goulet (37 yo)
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 north ...
CEO Compensation Analysis
Compensation vs Market: François's total compensation ($USD107.24K) is below average for companies of similar size in the Canadian market ($USD178.73K).
Compensation vs Earnings: François's compensation has increased whilst the company is unprofitable.
|President||no data||CA$143.42k||2.25% |
|Independent Chairman||no data||no data||1.45% |
|Independent Director||3.33yrs||no data||1.13% |
|Independent Director||3.33yrs||no data||0.072% |
|Independent Director||3.33yrs||no data||0.67% |
|Independent Director||3.33yrs||no data||0.14% |
Experienced Board: HAR's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HAR insiders have bought more shares than they have sold 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 31.6%.
Harfang Exploration Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Harfang Exploration Inc.
- Ticker: HAR
- Exchange: TSXV
- Industry: Gold
- Sector: Materials
- Market Cap: CA$15.614m
- Shares outstanding: 48.79m
- Website: https://www.harfangexploration.com
- Harfang Exploration Inc.
- 1100, avenue des Canadiens-de-Montréal
- Suite 300
- H3B 2S2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HAR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jun 2017|
|HRFE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 2017|
Harfang Exploration Inc., an exploration and evaluation stage company, primarily acquires and explores for gold properties in Canada. The company focuses on the exploration and evaluation of its mineral pr ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/08 00:17|
|End of Day Share Price||2020/08/07 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.