Minfocus Exploration Corp. acquires, explores for, and develops base and precious metal mineral properties in Canada. More Details
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Minfocus Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MFX is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: Insufficient data to determine MFX's volatility change over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MFX exceeded the Canadian Metals and Mining industry which returned 36.5% over the past year.
Return vs Market: MFX exceeded the Canadian Market which returned 0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Minfocus Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Minfocus Exploration Corp. (CVE:MFX)?
1 year ago | Simply Wall StWhat Percentage Of Minfocus Exploration Corp. (CVE:MFX) Shares Do Insiders Own?
2 years ago | Simply Wall StWho Are The Largest Shareholders In Minfocus Exploration Corp (CVE:MFX)?
Is Minfocus Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MFX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MFX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MFX is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: MFX is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MFX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MFX's PB Ratio (2.6x) is in line with the CA Metals and Mining industry average.
How is Minfocus Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Minfocus Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Minfocus Exploration's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Minfocus Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Minfocus Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MFX is currently unprofitable.
Growing Profit Margin: MFX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MFX is unprofitable, and losses have increased over the past 5 years at a rate of 21.3% per year.
Accelerating Growth: Unable to compare MFX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MFX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: MFX has a negative Return on Equity (-6.89%), as it is currently unprofitable.
How is Minfocus Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: MFX's short term assets (CA$125.6K) do not cover its short term liabilities (CA$335.1K).
Long Term Liabilities: MFX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MFX's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: MFX's debt to equity ratio has reduced from 14.5% to 1.6% over 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.
Stable Cash Runway: MFX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MFX has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 19.9% each year.
What is Minfocus Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MFX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MFX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MFX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MFX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MFX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alicia Milne (45 yo)
Ms. Alicia Milne serves as Corporate Secretary at BMEX Gold Inc. She serves as President and Chief Executive Officer at Minfocus Exploration Corp. since June 2020. Ms. Milne has been Company Secretary of C...
|CFO, Secretary & Director||0.42yr||CA$8.00k||4.01% |
|President||0.42yr||no data||4.28% |
|Member of Advisory Board||2.75yrs||no data||no data|
|Director||8.83yrs||no data||2.24% |
|Member of Technical Advisory Board||0.17yr||no data||no data|
|Independent Director||2.17yrs||no data||no data|
|Independent Director||8.83yrs||no data||2.55% |
|Member of Advisory Board||2.75yrs||no data||no data|
|Member of Advisory Board||2.67yrs||no data||no data|
|Member of Advisory Board||2.83yrs||no data||30.15% |
Experienced Board: MFX's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MFX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.5%.
Minfocus Exploration Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Minfocus Exploration Corp.
- Ticker: MFX
- Exchange: TSXV
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$1.619m
- Shares outstanding: 24.91m
- Website: https://www.minfocus.com
- Minfocus Exploration Corp.
- 755 Burrard Street
- Suite 440
- British Columbia
- V6Z 1X6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MFX||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 2012|
|MNNF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 2012|
Minfocus Exploration Corp. acquires, explores for, and develops base and precious metal mineral properties in Canada. The company primarily explores for zinc, platinum, and nickel minerals. It holds a 56% ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 00:20|
|End of Day Share Price||2020/11/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.