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IDM Mining

TSXV:IDM
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IDM
TSXV
CA$29M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

IDM Mining Ltd., an exploration company, acquires, explores for, and develops natural resource properties in Canada. The last earnings update was 23 days ago. More info.


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IDM Share Price and Events
7 Day Returns
0%
TSXV:IDM
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-31.3%
TSXV:IDM
-7%
CA Metals and Mining
1.2%
CA Market
IDM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IDM Mining (IDM) 0% 0% -8.3% -31.3% -50% -69.4%
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • IDM underperformed the Metals and Mining industry which returned -7% over the past year.
  • IDM underperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
IDM
Industry
5yr Volatility vs Market

IDM Value

 Is IDM Mining 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 IDM Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.055.
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 IDM Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IDM Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:IDM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:IDM Share Price ** TSXV (2019-03-19) in CAD CA$0.06
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

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

** Primary Listing of IDM Mining.

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

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

= 0.06 ÷ -0.01

-7.58x

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

  • IDM Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • IDM Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does IDM Mining's expected growth come at a high price?
Raw Data
TSXV:IDM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.58x
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 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*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 IDM Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IDM Mining's assets?
Raw Data
TSXV:IDM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.10
TSXV:IDM Share Price * TSXV (2019-03-19) in CAD CA$0.06
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:IDM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ 0.10

0.55x

* Primary Listing of IDM Mining.

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

  • IDM Mining is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess IDM Mining'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. IDM Mining has a total score of 1/6, 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.

IDM Future Performance

 How is IDM Mining 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 IDM Mining 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 IDM Mining expected to grow at an attractive rate?
  • Unable to compare IDM Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare IDM Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare IDM Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:IDM 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 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:IDM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:IDM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -3 -3
2018-07-31 -3 -5
2018-04-30 -2 -6
2018-01-31 -3 -1
2017-10-31 -2 -1
2017-07-31 -3 2
2017-04-30 -3 3
2017-01-31 -2 -2
2016-10-31 -2 -2
2016-07-31 -1 -1
2016-04-30 -1 -1
2016-01-31 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if IDM Mining is high growth as no earnings estimate data is available.
  • Unable to determine if IDM Mining 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:IDM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from IDM Mining Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:IDM Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.01
2018-07-31 -0.01
2018-04-30 -0.02
2018-01-31 0.00
2017-10-31 0.00
2017-07-31 0.01
2017-04-30 0.01
2017-01-31 -0.01
2016-10-31 -0.01
2016-07-31 -0.01
2016-04-30 -0.01
2016-01-31 0.00

*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 IDM Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of IDM’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. IDM Mining'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. IDM Mining'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 IDM Mining'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.
IDM Mining 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.

IDM Past Performance

  How has IDM Mining 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 IDM Mining'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.
  • IDM Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare IDM Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare IDM Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
IDM Mining'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 IDM Mining Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:IDM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -3.09 2.77
2018-07-31 -4.68 2.74
2018-04-30 -6.19 2.70
2018-01-31 -0.79 3.27
2017-10-31 -0.82 3.07
2017-07-31 2.50 2.80
2017-04-30 3.41 4.19
2017-01-31 -2.09 3.12
2016-10-31 -1.57 2.75
2016-07-31 -0.96 2.77
2016-04-30 -0.75 1.08
2016-01-31 -0.31 1.00
2015-10-31 1.25 0.90
2015-07-31 -6.61 0.96
2015-04-30 -19.54 1.86
2015-01-31 -20.04 1.76
2014-10-31 -21.79 1.74
2014-07-31 -16.26 1.27
2014-04-30 -4.25 0.51
2014-01-31 -9.46 0.69
2013-10-31 -9.63 0.83
2013-07-31 -9.14 1.13
2013-04-30 -7.45 1.24
2013-01-31 -2.72 1.52
2012-10-31 -2.93 1.83
2012-07-31 -8.32 2.08
2012-04-30 -8.92 2.09

*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 IDM Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if IDM Mining 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 IDM Mining 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 IDM Mining'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.
IDM Mining 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.

IDM Health

 How is IDM Mining'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 IDM Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IDM Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • IDM Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of IDM Mining'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.
  • High level of physical assets or inventory.
  • IDM Mining 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 IDM Mining Company Filings, last reported 4 months ago.

TSXV:IDM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 48.36 0.00 2.73
2018-07-31 47.52 0.00 3.94
2018-04-30 48.34 0.00 6.12
2018-01-31 44.58 0.00 3.76
2017-10-31 45.33 0.00 7.19
2017-07-31 43.20 0.00 10.44
2017-04-30 45.42 0.00 23.10
2017-01-31 26.52 0.00 5.33
2016-10-31 27.22 0.00 9.88
2016-07-31 17.14 0.00 7.40
2016-04-30 16.82 0.00 10.74
2016-01-31 7.22 0.00 1.39
2015-10-31 5.20 0.00 0.52
2015-07-31 4.66 0.00 0.65
2015-04-30 1.07 0.00 0.26
2015-01-31 0.05 0.00 0.82
2014-10-31 -1.25 0.00 1.07
2014-07-31 3.49 0.00 1.28
2014-04-30 12.83 0.00 0.05
2014-01-31 13.10 0.00 0.14
2013-10-31 13.55 0.00 0.45
2013-07-31 14.92 2.34 0.61
2013-04-30 15.24 0.00 0.76
2013-01-31 20.19 0.00 0.72
2012-10-31 20.80 0.00 1.07
2012-07-31 21.43 0.00 1.52
2012-04-30 21.65 0.00 3.70
  • IDM Mining has no debt.
  • IDM Mining had no debt 5 years ago.
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.

  • IDM Mining has less than a year of cash runway based on current free cash flow.
  • IDM Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.1% each year.
X
Financial health checks
We assess IDM Mining'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. IDM Mining has a total score of 3/6, 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.

IDM Dividends

 What is IDM Mining'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 IDM Mining dividends.
If you bought CA$2,000 of IDM Mining 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 IDM Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IDM Mining'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:IDM 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 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

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

IDM Management

 What is the CEO of IDM Mining'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
Rob McLeod
COMPENSATION CA$580,298
AGE 47
TENURE AS CEO 5.4 years
CEO Bio

Mr. Robert John McLeod, also known as Rob, M.Sc., B.Sc., P.Geo has been the Chief Executive Officer and President of IDM Mining Ltd. since September 2013. Mr. McLeod has been an Advisor of Gold Standard Ventures Corp. since March 2011. He has been Strategic Advisor of Genesis Metals Corp. since May 17, 2017. He has been Consultant of Tintina Resources Inc. since May 3, 2010. He has been an Executive Officer of CopperBank Resources Corp. since March 2017. He served as Chief Executive Officer of CopperBank Resources Corp. from October 2014 to September 2016. He served as Technical Advisor at Comstock Metals Ltd. until March 4, 2016. He served as Technical Advisor at Valhalla Resources Ltd. since June 2012. Mr. McLeod served as the Vice President of Exploration at Underworld Resources Inc. He has been Consulting Geologist of Norsemont Mining Inc. since May 2006. He serves as Consulting Geologist at Hudbay Peru Inc. He served as a Vice President of Exploration at IDM Mining Ltd since 2010. He serves as an Advisor of Norsemont Mining and Grayd Resources. He served as a Vice President of Operations at Aftermath Silver Ltd. until August 07, 2014 and served as its Vice-President of Exploration since March 2008. He served as Chief Executive Officer of Full Metal ZInc. Ltd. until November 1, 2011. Mr. McLeod served as and Vice President of Operations of Full Metal ZInc. Ltd. He founded Full Metal Minerals Ltd. and served as its Vice President since 2003 until March 2008 and served as its Chief Executive Officer and VP Exploration from June 2003 to November 2014, Chief Financial Officer since 2003. He served as the Chief Financial Officer at Vendetta Mining Corp. until August 07, 2015. He served as a Vice President of Exploration at Atna Resources Ltd. from February 2003 to February 2004. He served as Project Geologist of Miramar Hope Bay Ltd., from 2000 to 2003 and a Senior Geologist for Grayd Resource Corporation from 1998 to 2000. from 1998 to 2000. He served as Exploration Geologist at Homestake Canada Inc., from 1996 to 1997. He served as Project Manager at Miramar Mining Corp. from January 2000 to January 2003. He is a creative and innovative exploration Geologist with over 12 years of post-graduate experience in mining and mineral exploration with a variety of major and junior companies. His experience includes planning, budgeting, evaluation and supervision of large and small exploration and mine development projects. As an exploration Geologist and Project Manager at Miramar's Hope Bay project, Mr. McLeod was part of the team that discovered the Naartok deposit, as well as expanding and delineating the Boston and Doris deposits. His technical skills include advanced GIS and 3D geologic modeling, grade-block modeling and resource calculation, mine design and Geo Statistics, lithogeochemical and structural studies, as well as project generation and property evaluation. His exploration strategy is a multi-tier approach including: conceptual geologic and project generation, early-stage project advancement focusing on discovery and advancing mid-stage projects towards feasibility. He served as Chairman of the Board of Genesis Metals Corp. until May 17, 2017 and served as its Director from April 26, 2010 to May 17, 2017. As Non-Executive Chairman of the Issuer, Mr. McLeod is responsible for overseeing meetings of the directors and shareholders of the Issuer. He served as a Director of Silver Quest Resources Ltd., since April 22, 2010. He has been an Independent Director of Gold Standard Ventures Corp since June 28, 2011. He has been an Independent Director of Lithium-X Energy Corp., since November 26, 2015. He has been a Director of IDM Mining Ltd. since July 16, 2009 and also serves on its Technical Advisory Board. Mr. McLeod has been a Director of Revolution Resources Ltd. since July 2009 and Keegan Resources Ltd. since February 2005. He has been a Director of Full Metal Minerals Ltd., since June 2003. He served as a Director of Independence Gold Corp since November 1, 2011 until August 28, 2017. He served as Lead Director of CopperBank Resources Corp. since September 2016 until February 27, 2017 and its Director since October 21, 2014 until February 27, 2017. He served as a Director of Vendetta Mining Corp. from May 1, 2010 to August 2014; Valhalla Resources Ltd., from August 12, 2010 to June 13, 2012; and Asanko Gold Inc. from February 23, 2005 to January 9, 2012. He served as a Director of Tintina Gold Ltd. since May 31, 2006 and TintinaGold Resources Inc. from June 2006 to May 2010. He served as a Director of Gold Standard Ventures Corp from July 13, 2010 to March 17, 2011 and Full Metal Zinc Ltd. from April, 2010 to December 12, 2013. Mr. McLeod served as a Member of Advisory Board at Tenajon Resources Corp. since April 2006. He served as a Director of Underworld Resources Inc. from December 1, 2005 to May 2010. and Tintina Resources Inc. since May 31, 2006. He served as a Director of Inform Resources Corp from September 15, 2011 to September 30, 2013 and Redstar Gold Corp. since January 14, 2015 until August 18, 2017. He served as a Director of Premium Exploration Inc. since October 17, 2006 until May 2008. He is a Fellow of the Society of Economic Geologists, member of the Association of Professional Engineers and Geoscientists of BC, Prospectors and Developers Association of Canada, Alaska Miners Association and the BC & Yukon Chamber of Mines. He holds a Bachelor of Science in Economic Geology from University of British Columbia, Vancouver B.C. in May 1993. He graduated from Queen's University with Masters of Science in Geology in 1998 and a Bachelors of Science, Geology, from the University of British Columbia in 1993. He also completed Mineral Exploration Program from Queens University, Kingston, Ontario in May 1998. Mr. McLeod received his designation as P.Geo in May 2003.

CEO Compensation
  • Rob's compensation has been consistent with company performance over the past year.
  • Rob's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the IDM Mining management team in years:

5
Average Tenure
  • The tenure for the IDM Mining management team is about average.
Management Team

Rob McLeod

TITLE
President
COMPENSATION
CA$580K
AGE
47
TENURE
5.4 yrs

Susan Neale

TITLE
Chief Financial Officer
COMPENSATION
CA$262K
TENURE
4.5 yrs

Vanessa Pickering

TITLE
Manager of Corporate Communications & Development
TENURE
1.1 yrs

Sheryl Dhillon

TITLE
Corporate Secretary
TENURE
7.8 yrs
Board of Directors Tenure

Average tenure and age of the IDM Mining board of directors in years:

7.4
Average Tenure
50
Average Age
  • The tenure for the IDM Mining board of directors is about average.
Board of Directors

Mike McPhie

TITLE
Chairman of the Board
COMPENSATION
CA$561K
AGE
48
TENURE
4.9 yrs

Rob McLeod

TITLE
President
COMPENSATION
CA$580K
AGE
47
TENURE
9.7 yrs

David Parker

TITLE
Director
COMPENSATION
CA$92K
TENURE
4.8 yrs

Andrew Farncomb

TITLE
Lead Director
COMPENSATION
CA$104K
AGE
36

Andrée St-Germain

TITLE
Director
COMPENSATION
CA$106K
AGE
38
TENURE
1.4 yrs

Peter Kenneth Megaw

TITLE
Member of Technical Advisory Board
AGE
65
TENURE
7.4 yrs

Darin Wagner

TITLE
Member of Technical Advisory Board
AGE
53
TENURE
7.4 yrs

W. Willson

TITLE
Member of Technical Advisory Board
AGE
68
TENURE
7.4 yrs

Joey Wilkins

TITLE
Member of Technical Advisory Board
TENURE
7.4 yrs

Gernot Wober

TITLE
Advisory Board
COMPENSATION
CA$92K
AGE
52
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
22. Nov 18 Buy Osisko Gold Royalties Ltd Company 21. Aug 17 20. Nov 18 24,253,766 CA$0.12 CA$1,923,094
30. May 18 Buy Susan Neale Individual 29. May 18 29. May 18 101,176 CA$0.08 CA$7,588
24. May 18 Buy Robert McLeod Individual 24. May 18 24. May 18 60,000 CA$0.07 CA$4,200
07. May 18 Buy Robert McLeod Individual 04. May 18 07. May 18 40,000 CA$0.07 CA$2,800
03. May 18 Buy Robert McLeod Individual 03. May 18 03. May 18 10,000 CA$0.07 CA$700
X
Management checks
We assess IDM Mining'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. IDM Mining 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.

IDM News

Simply Wall St News

What Kind Of Shareholder Owns Most IDM Mining Ltd. (CVE:IDM) Stock?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that used to be publicly owned tend to have lower insider ownership. … institutions own shares in the company.

Simply Wall St -

How Much is IDM Mining Ltd's (CVE:IDM) CEO Getting Paid?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … CEOs leading companies of similar size and profitability

Simply Wall St -

Is IDM Mining Ltd (TSXV:IDM) A Sell At Its Current PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for IDM Price per share = 0.11 Earnings per share = 0.008 ∴ Price-Earnings Ratio = 0.11 ÷ 0.008 = 13.3x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … Since IDM's P/E of 13.3x is higher than its industry peers (11.1x), it means that investors are paying more than they should for each dollar of IDM's earnings.

Simply Wall St -

IDM Company Info

Description

IDM Mining Ltd., an exploration company, acquires, explores for, and develops natural resource properties in Canada. The company explores for gold, and silver ores. It holds interests in the Red Mountain gold project covering an area of 17,125 hectares located in northwestern British Columbia. The company was formerly known as Revolution Resources Corp. and changed its name to IDM Mining Ltd. in June 2014. IDM Mining Ltd. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Details
Name: IDM Mining Ltd.
IDM
Exchange: TSXV
Founded: 2009
CA$28,582,839
519,687,987
Website: http://www.idmmining.com
Address: IDM Mining Ltd.
Two Bentall Centre,
Suite 1800,
Vancouver,
British Columbia, V7X 1M9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV IDM Common Shares TSX Venture Exchange CA CAD 27. Apr 2010
OTCPK IDMM.F Common Shares Pink Sheets LLC US USD 27. Apr 2010
DB 8JN1 Common Shares Deutsche Boerse AG DE EUR 27. Apr 2010
Number of employees
Current staff
Staff numbers
0
IDM Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:17
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/02/25
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


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.