TSXV:MINE

Stock Analysis Report

Executive Summary

Inomin Mines Inc., an exploration stage company, engages in the identification, exploration, and development of mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Inomin Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MINE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-25.0%

MINE

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

0%

MINE

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: MINE underperformed the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: MINE underperformed the Canadian Market which returned 2.5% over the past year.


Shareholder returns

MINEIndustryMarket
7 Day-25.0%3.5%-1.5%
30 Day-25.0%5.0%-0.7%
90 Day-25.0%14.3%1.8%
1 Year0%0%7.5%6.8%5.7%2.5%
3 Year-33.3%-33.3%2.8%1.0%16.8%6.2%
5 Yearn/a29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

How volatile is Inomin Mines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Inomin Mines undervalued compared to its fair value and its price relative to the market?

1.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MINE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MINE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MINE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: MINE 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 MINE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MINE is overvalued based on its PB Ratio (1.8x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Inomin Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

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 Inomin Mines 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.


Next Steps

Past Performance

How has Inomin Mines performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MINE is currently unprofitable.

Growing Profit Margin: MINE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MINE is unprofitable, and losses have increased over the past 5 years at a rate of -11.3% per year.

Accelerating Growth: Unable to compare MINE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MINE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: MINE has a negative Return on Equity (-54.67%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Inomin Mines's financial position?


Financial Position Analysis

Short Term Liabilities: MINE's short term assets (CA$101.2K) exceed its short term liabilities (CA$11.1K).

Long Term Liabilities: MINE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MINE is debt free.

Reducing Debt: MINE has not had any debt for past 5 years.


Balance Sheet

Inventory Level: MINE has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if MINE's debt is covered by short term assets.


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: MINE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MINE has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.2% each year.


Next Steps

Dividend

What is Inomin Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate MINE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MINE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MINE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MINE'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 MINE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

John Gomez-Garcia 0

2.9yrs

Tenure

CA$36,000

Compensation

Mr. Evilio Juan Gomez-Garcia, also known as John, has been the President and Chief Executive Officer of Inomin Mines Inc. since March 1, 2017. Mr. Gomez-Garcia is Corporate Manager for Bayswater Uranium Co ...


Leadership Team

NamePositionTenureCompensationOwnership
Evilio Gomez-Garcia
CEO, President & Director2.9yrsCA$36.00k2.96% CA$14.7k
George Pietrobon
CFO & Director7.5yrsCA$24.00k1.3% CA$6.5k
William Bruce Winfield
0.7yrsno datano data
Ari Shack
Corporate Secretary & Director7.5yrsCA$12.00k1.93% CA$9.6k

2.9yrs

Average Tenure

70yo

Average Age

Experienced Management: MINE's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Evilio Gomez-Garcia
CEO, President & Director2.9yrsCA$36.00k2.96% CA$14.7k
George Pietrobon
CFO & Director7.5yrsCA$24.00k1.3% CA$6.5k
Ari Shack
Corporate Secretary & Director7.5yrsCA$12.00k1.93% CA$9.6k
William Yeomans
Director0.3yrsno datano data
L. Peters
Independent Director0.7yrsno datano data

7.5yrs

Average Tenure

63yo

Average Age

Experienced Board: MINE's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MINE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Inomin Mines Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inomin Mines Inc.
  • Ticker: MINE
  • Exchange: TSXV
  • Founded: 2012
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$497.527k
  • Shares outstanding: 16.58m
  • Website: https://www.inominmines.com

Location

  • Inomin Mines Inc.
  • 400 Burrard Street
  • Suite 1130
  • Vancouver
  • British Columbia
  • V6C 3A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MINETSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2017
IMCDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2017

Biography

Inomin Mines Inc., an exploration stage company, engages in the identification, exploration, and development of mineral properties in Canada. The company explores for gold, silver, copper, and zinc deposits. It holds a 100% interest in the King’s Point polymetallic project comprising 129 claims that covers an area of 3,225 hectares within two separate blocks located in the Green Bay area of Newfoundland; and the Fleetwood zinc-copper-silver-gold property located in the New Westminster Mining Division of southwestern British Columbia. Inomin Mines Inc. has a strategic alliance with Turnagain Resources Inc. on Fleetwood-Seneca zinc-copper-silver-gold properties. The company was formerly known as Inovent Capital Inc. Inomin Mines Inc. was incorporated in 2012 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:58
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.