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Megastar Development

TSXV:MDV
Snowflake Description

Adequate balance sheet with weak fundamentals.

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

Megastar Development Corp., an exploration stage company, acquires, explores for, and develops mineral properties in Canada. The last earnings update was 50 days ago. More info.


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  • Megastar Development has significant price volatility in the past 3 months.
MDV Share Price and Events
7 Day Returns
-21.4%
TSXV:MDV
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-21.4%
TSXV:MDV
-7%
CA Metals and Mining
1.2%
CA Market
MDV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Megastar Development (MDV) -21.4% -15.4% 57.1% -21.4% 83.3% -26.7%
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
  • MDV underperformed the Metals and Mining industry which returned -7% over the past year.
  • MDV underperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
MDV
Industry
5yr Volatility vs Market

Value

 Is Megastar Development 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 Megastar Development. 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 Megastar Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Megastar Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MDV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.01
TSXV:MDV Share Price ** TSXV (2019-03-18) 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 Megastar Development.

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

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

= 0.06 ÷ -0.01

-6.45x

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

  • Megastar Development is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Megastar Development is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Megastar Development's expected growth come at a high price?
Raw Data
TSXV:MDV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.45x
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 Megastar Development, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Megastar Development's assets?
Raw Data
TSXV:MDV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.02
TSXV:MDV Share Price * TSXV (2019-03-18) 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:MDV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ 0.02

3.01x

* Primary Listing of Megastar Development.

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

  • Megastar Development is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Megastar Development'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. Megastar Development 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 Megastar Development 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 Megastar Development 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 Megastar Development expected to grow at an attractive rate?
  • Unable to compare Megastar Development's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Megastar Development's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Megastar Development's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MDV 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:MDV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:MDV Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 0 0
2018-08-31 0 0
2018-05-31 0 0
2018-02-28 0 0
2017-11-30 0 0
2017-08-31 0 0
2017-05-31 0 0
2017-02-28 0 0
2016-11-30 0 0
2016-08-31 0 0
2016-05-31 0 0
2016-02-29 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Megastar Development is high growth as no earnings estimate data is available.
  • Unable to determine if Megastar Development 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:MDV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Megastar Development Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MDV Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.01
2018-08-31 -0.01
2018-05-31 -0.01
2018-02-28 -0.01
2017-11-30 0.00
2017-08-31 0.00
2017-05-31 0.00
2017-02-28 -0.01
2016-11-30 0.00
2016-08-31 0.00
2016-05-31 0.00
2016-02-29 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 Megastar Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Megastar Development'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. Megastar Development'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. Megastar Development'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 Megastar Development'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.
Megastar Development 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 Megastar Development 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 Megastar Development'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.
  • Megastar Development does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Megastar Development's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Megastar Development's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Megastar Development'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 Megastar Development Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MDV Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -0.25 0.19
2018-08-31 -0.24 0.20
2018-05-31 -0.22 0.17
2018-02-28 -0.16 0.15
2017-11-30 -0.12 0.13
2017-08-31 -0.11 0.11
2017-05-31 -0.14 0.15
2017-02-28 -0.17 0.15
2016-11-30 0.04 0.15
2016-08-31 0.00 0.14
2016-05-31 0.03 0.11
2016-02-29 0.06 0.11
2015-11-30 0.08 0.12
2015-08-31 0.10 0.12
2015-05-31 0.09 0.12
2015-02-28 0.09 0.12
2014-11-30 -0.45 0.11
2014-08-31 -0.45 0.11
2014-05-31 -0.51 0.12
2014-02-28 -0.50 0.12
2013-11-30 -0.42 0.17
2013-08-31 -0.43 0.19
2013-05-31 -0.46 0.25
2013-02-28 -0.49 0.27
2012-11-30 -0.32 0.29
2012-08-31 -0.44 0.41
2012-05-31 -0.53 0.53

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

Health

 How is Megastar Development'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 Megastar Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Megastar Development is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Megastar Development has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Megastar Development'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.
  • Megastar Development 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 Megastar Development Company Filings, last reported 3 months ago.

TSXV:MDV Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 0.56 0.00 0.22
2018-08-31 0.61 0.00 0.30
2018-05-31 0.56 0.00 0.47
2018-02-28 0.66 0.00 0.51
2017-11-30 0.72 0.00 0.55
2017-08-31 0.75 0.00 0.59
2017-05-31 0.79 0.00 0.62
2017-02-28 0.82 0.00 0.65
2016-11-30 0.83 0.00 0.67
2016-08-31 0.86 0.00 0.70
2016-05-31 0.87 0.00 0.70
2016-02-29 0.91 0.00 0.72
2015-11-30 0.73 0.00 0.74
2015-08-31 0.80 0.00 0.77
2015-05-31 0.83 0.00 0.83
2015-02-28 0.86 0.00 0.86
2014-11-30 0.67 0.00 0.89
2014-08-31 0.73 0.00 1.02
2014-05-31 0.75 0.00 1.07
2014-02-28 0.80 0.00 1.09
2013-11-30 1.12 0.00 1.10
2013-08-31 1.15 0.00 1.13
2013-05-31 1.25 0.00 1.18
2013-02-28 1.29 0.00 1.21
2012-11-30 1.36 0.00 1.24
2012-08-31 1.45 0.00 1.33
2012-05-31 0.55 0.00 0.98
  • Megastar Development has no debt.
  • Megastar Development 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.

  • Megastar Development has less than a year of cash runway based on current free cash flow.
  • Megastar Development has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.8% each year.
X
Financial health checks
We assess Megastar Development'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. Megastar Development has a total score of 4/6, 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 Megastar Development'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 Megastar Development dividends.
If you bought CA$2,000 of Megastar Development 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 Megastar Development's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Megastar Development'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:MDV 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 Megastar Development has not reported any payouts.
  • Unable to verify if Megastar Development's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Megastar Development's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Megastar Development 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 Megastar Development'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 Megastar Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Megastar Development 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 Megastar Development'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
Dušan Berka
COMPENSATION CA$36,000
AGE 72
TENURE AS CEO 10.8 years
CEO Bio

Mr. Dušan Berka, P.Eng., serves as Chief Executive Officer, President and Director at Crest Resources Inc. Mr. Berka has been the Chief Executive Officer and President of Megastar Development Corp. since May 22, 2008. Mr. Berka has been a Director of Pivit Exploration Inc. since July 24, 2017. He is President and Director at Golden Lake Exploration Inc. since May 17, 2018. Mr. Berka has been the Chief Financial Officer of Rio Grande Mining Corp. since March 28, 2013 and has been its Corporate Secretary since September 25, 2013. He has been the Chief Financial Officer at 92 Resources Corp. since March 28, 2013 and also served as its Corporate Secretary since September 23, 2013. Mr. Berka served as the Chief Executive Officer of King's Bay Gold Corporation since February 10, 2016 until September 23, 2016 and President since February 2016 until September 23, 2016. He served as the Chief Executive Officer and President at Megastar Development Corp. from June 24, 2004 to October 1, 2007. He has over 35 years of international experience in marketing, sales and business administration. He served as Secretary of Voltaic Minerals Corp. until July 2016. He was the Chairman of Megastar Development Corp., since October 1, 2007 and has been its Non-Independent Director since December 5, 2003. He served as the Chairman of Majestic Gold Corp. from October 22, 2013 to November 14, 2013. He has been a Director of 92 Resources Corp., since March 2, 2012. He was an Independent Director of Belmont Resources Inc. from May 20, 2015 until July 14, 2018. He has been a Director of Aguila American Gold Limited since February 11, 2011, Lateegra Gold Corp. since February 22, 1991. He has been an Independent Director of Eloro Resources Ltd. since 2011. He has been an Independent Director at Prima Diamond Corp. since July 30, 2015. He has been a Director of Rio Grande Mining Corp since March 2, 2012 and King's Bay Gold Corporation since February 10, 2016. He served as a Director of RockBridge Resources Inc. from March 26, 2010 to 2011. He served as a Director at Abington Resources Ltd. until February 11, 2003. He served as a Director of Skana Capital Corp. from September 1991 to 2005. He served as a Director of Voltaic Minerals Corp. from July 24, 2015 to April 3, 2018. He served as a Director at Gold Bullion Development Corp. since June 23, 2006. He served as Director of New Point Exploration Corp. from March 10, 2017 to July 27, 2018. He served as a Director of Dorex Minerals Inc. since September 10, 2009 and previously, from November 14, 2007 to May 31, 2008. Mr. Berka served as a Director at Spey Resources Corp until January 2019. Mr. Berka serves as a Consultant at Spey Resources Corp since January 2019. He has been a Member of the Association of Professional Engineers and Geoscientists of British Columbia since 1977. Mr. Berka serves as a Director at Dimension Five Technologies Inc. Mr. Berka is a Graduate Engineer with an M Sc (DiplIng) from Slovak Technical University, Bratislava, Slovakia in 1968.

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

Dušan Berka

TITLE
President
COMPENSATION
CA$36K
AGE
72
TENURE
10.8 yrs

Paul Smith

TITLE
Director

Zara Kanji-Aquino

TITLE
Chief Financial Officer
COMPENSATION
CA$33K
AGE
47
TENURE
7.5 yrs

Carl Pelletier

TITLE
Head of Program Design and Quality Control -Exploration
Board of Directors Tenure

Average tenure of the Megastar Development board of directors in years:

6.3
Average Tenure
  • The tenure for the Megastar Development board of directors is about average.
Board of Directors

Dušan Berka

TITLE
President
COMPENSATION
CA$36K
AGE
72
TENURE
11.4 yrs

Paul Smith

TITLE
Director
TENURE
6.3 yrs

Martin Bourgoin

TITLE
Technical Advisor
TENURE
10.1 yrs

Jonathan Rich

TITLE
Director
TENURE
6.3 yrs

David Jones

TITLE
Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Megastar Development insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Jan 19 Buy Dušan Berka Individual 15. Jan 19 15. Jan 19 10,000 CA$0.06 CA$550
23. Nov 18 Buy Dušan Berka Individual 21. Nov 18 21. Nov 18 17,000 CA$0.04 CA$680
23. Oct 18 Buy Dušan Berka Individual 19. Oct 18 19. Oct 18 10,000 CA$0.07 CA$700
05. Oct 18 Buy Dušan Berka Individual 02. Oct 18 02. Oct 18 9,000 CA$0.07 CA$630
02. Jul 18 Buy Dušan Berka Individual 29. Jun 18 29. Jun 18 21,000 CA$0.06 CA$1,260
13. May 18 Buy Dušan Berka Individual 11. May 18 11. May 18 3,000 CA$0.05 CA$150
X
Management checks
We assess Megastar Development'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. Megastar Development 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

How Should You Think About Megastar Development Corp's (TSXV:MDV) Risks?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … MDV, with its market capitalisation of CAD CA$1.59M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … However, this is the opposite to what MDV’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Company Info

Description

Megastar Development Corp., an exploration stage company, acquires, explores for, and develops mineral properties in Canada. It owns a 100% interest in the Ralleau copper-zinc property that comprises 59 contiguous mineral claims covering an area of approximately 3,324 hectares located in Quevillon, Quebec. The company also has an option agreement to acquire 100% interests in the Rama de Oro, Yautepec, and Magdalena projects located in Oaxaca, Mexico. Megastar Development Corp. was incorporated in 1984 and is headquartered in Vancouver, Canada.

Details
Name: Megastar Development Corp.
MDV
Exchange: TSXV
Founded: 1984
CA$1,677,319
30,496,716
Website: http://www.megastardevelopment.com
Address: Megastar Development Corp.
789 West Pender Street,
Suite 1450,
Vancouver,
British Columbia, V6C 1H2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MDV Common Shares TSX Venture Exchange CA CAD 25. Jan 1989
Number of employees
Current staff
Staff numbers
0
Megastar Development employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:39
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/01/28
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/02/28


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.