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Hornby Bay Mineral Exploration

TSXV:HBE
Snowflake Description

Questionable track record with worrying balance sheet.

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

Hornby Bay Mineral Exploration Ltd., a junior mining and exploration company, explores for, evaluates, and develops mineral properties in Canada. The last earnings update was 35 days ago. More info.


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  • Hornby Bay Mineral Exploration has significant price volatility in the past 3 months.
HBE Share Price and Events
7 Day Returns
25%
TSXV:HBE
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-64.3%
TSXV:HBE
-5.9%
CA Metals and Mining
0.7%
CA Market
HBE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hornby Bay Mineral Exploration (HBE) 25% 0% 0% -64.3% -28.6% -70.6%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • HBE underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • HBE underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
HBE
Industry
5yr Volatility vs Market

Value

 Is Hornby Bay Mineral 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 Hornby Bay Mineral Exploration. This is due to cash flow or dividend data being unavailable. The share price is CA$0.025.
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 Hornby Bay Mineral Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hornby Bay Mineral Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:HBE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.00
TSXV:HBE Share Price ** TSXV (2019-03-20) in CAD CA$0.03
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Hornby Bay Mineral Exploration.

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

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

= 0.03 ÷ 0.00

93.63x

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

  • Hornby Bay Mineral Exploration is overvalued based on earnings compared to the CA Metals and Mining industry average.
  • Hornby Bay Mineral Exploration is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Hornby Bay Mineral Exploration's expected growth come at a high price?
Raw Data
TSXV:HBE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 93.63x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*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 Hornby Bay Mineral Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hornby Bay Mineral Exploration's assets?
Raw Data
TSXV:HBE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$-0.02
TSXV:HBE Share Price * TSXV (2019-03-20) in CAD CA$0.03
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:HBE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ -0.02

-1.23x

* Primary Listing of Hornby Bay Mineral Exploration.

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

  • Hornby Bay Mineral Exploration has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.
X
Value checks
We assess Hornby Bay Mineral 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. Hornby Bay Mineral 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.

Future Performance

 How is Hornby Bay Mineral 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 Hornby Bay Mineral 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hornby Bay Mineral Exploration expected to grow at an attractive rate?
  • Unable to compare Hornby Bay Mineral Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Hornby Bay Mineral Exploration's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Hornby Bay Mineral Exploration's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:HBE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:HBE 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:HBE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 0
2018-09-30 0 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 0
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0
2016-03-31 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Hornby Bay Mineral Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Hornby Bay Mineral 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:HBE 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 Hornby Bay Mineral Exploration Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:HBE Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 -0.01
2016-03-31 -0.01

*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 Hornby Bay Mineral Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of HBE’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.
  2. Hornby Bay Mineral 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. Hornby Bay Mineral 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 Hornby Bay Mineral 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.
Hornby Bay Mineral 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.

Past Performance

  How has Hornby Bay Mineral 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 Hornby Bay Mineral 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.
  • Hornby Bay Mineral Exploration's year on year earnings growth rate has been positive over the past 5 years.
  • Hornby Bay Mineral Exploration has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Hornby Bay Mineral Exploration has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
Hornby Bay Mineral 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 Hornby Bay Mineral Exploration Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:HBE Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.03 0.02 0.25
2018-09-30 0.03 -0.01 0.27
2018-06-30 -0.06 0.29
2018-03-31 -0.07 0.32
2017-12-31 0.00 -0.46 0.24
2017-09-30 0.02 -0.42 0.23
2017-06-30 0.12 -0.32 0.23
2017-03-31 0.27 -0.15 0.20
2016-12-31 0.30 -0.12 0.20
2016-09-30 0.28 -0.17 0.24
2016-06-30 0.18 -0.38 0.34
2016-03-31 0.03 -0.51 0.35
2015-12-31 -0.51 0.34
2015-09-30 -0.50 0.33
2015-06-30 -0.45 0.31
2015-03-31 -0.48 0.33
2014-12-31 -0.51 0.39
2014-09-30 -0.46 0.36
2014-06-30 -0.51 0.41
2014-03-31 -0.58 0.49
2013-12-31 0.52 0.55
2013-09-30 0.35 0.73
2013-06-30 0.40 0.70
2013-03-31 0.48 0.63
2012-12-31 -1.20 0.56
2012-09-30 -1.09 0.47
2012-06-30 -1.05 0.43
2012-03-31 -1.07 0.45

*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 Hornby Bay Mineral Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Hornby Bay Mineral Exploration used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if Hornby Bay Mineral Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Hornby Bay Mineral 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.
Hornby Bay Mineral Exploration has a total score of 2/6, 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.

Health

 How is Hornby Bay Mineral 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 Hornby Bay Mineral Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hornby Bay Mineral Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hornby Bay Mineral Exploration's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Hornby Bay Mineral 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.
  • Hornby Bay Mineral Exploration has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Hornby Bay Mineral Exploration Company Filings, last reported 2 months ago.

TSXV:HBE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -1.64 1.30 0.00
2018-09-30 -1.57 1.26 0.01
2018-06-30 -1.51 1.24 0.00
2018-03-31 -1.42 1.19 0.00
2017-12-31 -2.77 2.01 0.01
2017-09-30 -2.67 2.01 0.03
2017-06-30 -2.56 1.95 0.01
2017-03-31 -2.46 1.86 0.01
2016-12-31 -2.31 1.83 0.01
2016-09-30 -2.24 1.84 0.01
2016-06-30 -2.24 1.86 0.00
2016-03-31 -2.31 1.78 0.00
2015-12-31 -2.23 1.75 0.00
2015-09-30 -2.14 1.67 0.00
2015-06-30 -1.93 1.55 0.00
2015-03-31 -1.87 1.44 0.00
2014-12-31 -1.76 1.35 0.00
2014-09-30 -1.66 1.28 0.01
2014-06-30 -1.49 1.23 0.02
2014-03-31 -1.43 1.08 0.01
2013-12-31 -1.30 0.99 0.00
2013-09-30 -1.24 0.83 0.00
2013-06-30 -1.09 0.77 0.03
2013-03-31 -1.01 0.56 0.00
2012-12-31 -1.97 1.60 0.00
2012-09-30 -1.77 1.42 0.00
2012-06-30 -1.60 1.35 0.03
2012-03-31 -1.52 1.17 0.01
  • Hornby Bay Mineral Exploration has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Hornby Bay Mineral Exploration's debt level has increased considering it has negative shareholder equity.
  • Operating cash flow is negative therefore debt is not well covered.
  • Hornby Bay Mineral Exploration earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Hornby Bay Mineral 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. Hornby Bay Mineral Exploration has a total score of 1/6, 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.

Dividends

 What is Hornby Bay Mineral 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 Hornby Bay Mineral Exploration dividends.
If you bought CA$2,000 of Hornby Bay Mineral 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 Hornby Bay Mineral Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hornby Bay Mineral 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:HBE 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 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

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 Hornby Bay Mineral Exploration has not reported any payouts.
  • Unable to verify if Hornby Bay Mineral Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hornby Bay Mineral Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hornby Bay Mineral 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 Hornby Bay Mineral 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 Hornby Bay Mineral Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hornby Bay Mineral 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.

Management

 What is the CEO of Hornby Bay Mineral 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
Jim Brady
COMPENSATION CA$0
TENURE AS CEO 4.9 years
CEO Bio

Mr. James M. Brady is the Founder of Hornby Bay Exploration Ltd., and has been its Interim Chief Executive Officer and President. Mr. Brady served as an Advisor of Hornby Bay Exploration Ltd. He has been Director of Hornby Bay Exploration Ltd since April 23, 2014. He served as a Director of Hornby Bay Exploration Ltd.

CEO Compensation
  • Insufficient data for Jim to compare compensation growth.
  • Jim's remuneration is lower than average for companies of similar size in Canada.
Management Team

Jim Brady

TITLE
President
TENURE
4.9 yrs

Arvin Ramos

TITLE
Chief Financial Officer
COMPENSATION
CA$30K
TENURE
1.5 yrs

Chris Irwin

TITLE
Secretary & Director
AGE
44
Board of Directors Tenure

Average tenure of the Hornby Bay Mineral Exploration board of directors in years:

9.1
Average Tenure
  • The tenure for the Hornby Bay Mineral Exploration board of directors is about average.
Board of Directors

Jim Brady

TITLE
President
TENURE
4.9 yrs

Chris Irwin

TITLE
Secretary & Director
AGE
44
TENURE
9.1 yrs

John Doran

TITLE
Director
TENURE
9.1 yrs

Galen McNamara

TITLE
Director
TENURE
9.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Hornby Bay Mineral 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. Hornby Bay Mineral 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.

News

Simply Wall St News

Introducing Hornby Bay Mineral Exploration (CVE:HBE), The Stock That Tanked 76%

With just CA$30,000 worth of revenue in twelve months, we don't think the market considers Hornby Bay Mineral Exploration to have proven its business plan. … For example, investors may be hoping that Hornby Bay Mineral Exploration finds some valuable resources, before it runs out of money. … Some Hornby Bay Mineral Exploration investors have already had a taste of the bitterness stocks like this can leave in the mouth.

Simply Wall St -

Need To Know: Hornby Bay Mineral Exploration Ltd. (CVE:HBE) Insiders Have Been Buying Shares

The Last 12 Months Of Insider Transactions At Hornby Bay Mineral Exploration. … Over the last year, we can see that the biggest insider purchase was by President James Brady for CA$1.2m worth of shares, at about CA$0.05 per share. … That means that even when the share price was higher, an insider wanted to purchase shares.

Simply Wall St -

What Percentage Of Hornby Bay Mineral Exploration Ltd (CVE:HBE) Shares Do Insiders Own?

Every investor in Hornby Bay Mineral Exploration Ltd (CVE:HBE) should be aware of the most powerful shareholder groups. … Hornby Bay Mineral Exploration is not a large company by global standards. … Check out our latest analysis for Hornby Bay Mineral Exploration

Simply Wall St -

Who Are Hornby Bay Mineral Exploration Ltd's (CVE:HBE) Major Shareholders?

In this analysis, my focus will be on developing a perspective on Hornby Bay Mineral Exploration Ltd’s (CVE:HBE) latest ownership structure, a less discussed, but important factor. … The impact of a company's ownership structure affects both its short- and long-term performance. … View out our latest analysis for Hornby Bay Mineral Exploration

Simply Wall St -

Should You Be Concerned About Hornby Bay Mineral Exploration Ltd's (CVE:HBE) Shareholders?

See our latest analysis for Hornby Bay Mineral Exploration TSXV:HBE Ownership_summary Mar 28th 18 Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

Simply Wall St -

Have Investors Already Priced In Oil & Gas Growth For Hornby Bay Mineral Exploration Ltd (CVE:HBE)?

Below, I will examine the sector growth prospects, and also determine whether Hornby Bay Mineral Exploration is a laggard or leader relative to its energy sector peers. … View our latest analysis for Hornby Bay Mineral Exploration What’s the catalyst for Hornby Bay Mineral Exploration's sector growth? … If your initial investment thesis is around the growth prospects of Hornby Bay Mineral Exploration, there are other oil and gas companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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What Are The Drivers Of Hornby Bay Mineral Exploration Ltd's (CVE:HBE) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … HBE's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … As a result, we should expect a high beta for the small-cap HBE but a low beta for the oil and gas industry.

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Who Owns Hornby Bay Mineral Exploration Ltd (CVE:HBE)?

In general, this level of insider ownership has negatively affected underperforming (consistently low PE ratio) companies and positively affected the companies that outperform (consistently high PE ratio). … General Public Ownership The general public holds a substantial 78.47% stake in HBE, making it a highly popular stock among retail investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Should Hornby Bay Mineral Exploration Ltd's (CVE:HBE) Earnings Decline In Recent Times Worry You?

After looking at Hornby Bay Mineral Exploration Ltd's (TSXV:HBE) latest earnings update (30 September 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … See our latest analysis for Hornby Bay Mineral Exploration Commentary On HBE's Past Performance I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For Hornby Bay Mineral Exploration, the most recent bottom-line -CA$0.4M, which, in comparison to the prior year's level, has become more negative.

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Company Info

Description

Hornby Bay Mineral Exploration Ltd., a junior mining and exploration company, explores for, evaluates, and develops mineral properties in Canada. It primarily explores for gold, base metal, and uranium deposits. The company holds a 100% interests in the Coppermine River property consisting of 13 leases covering an area of 30,811 acres located in the northern region of the Early Proterozoic Wopmay Orogen; and gold leases near Timmins, Ontario. It also owns a 100% interest in 4 Crown grants covering and area of approximately 206 acres in the area of the Independence copper-molybdenum deposit in British Columbia, as well as a 5% net smelter return royalty interest on various parts of the Copper Mountain mine. The company was formerly known as Unor Inc. and changed its name to Hornby Bay Mineral Exploration Ltd.in April 2010. Hornby Bay Mineral Exploration Ltd. was incorporated in 1996 and is headquartered in Toronto, Canada.

Details
Name: Hornby Bay Mineral Exploration Ltd.
HBE
Exchange: TSXV
Founded: 1996
CA$2,021,773
80,870,925
Website: http://www.hornbybay.com
Address: Hornby Bay Mineral Exploration Ltd.
365 Bay Street,
Suite 400,
Toronto,
Ontario, M5H 2V1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV HBE Common Shares TSX Venture Exchange CA CAD 02. Oct 2000
OTCPK HBEX.F Common Shares Pink Sheets LLC US USD 02. Oct 2000
DB HP2K Common Shares Deutsche Boerse AG DE EUR 02. Oct 2000
Number of employees
Current staff
Staff numbers
0
Hornby Bay Mineral Exploration employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:06
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.