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Inomin Mines

TSXV:MINE
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MINE
TSXV
CA$580K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Inomin Mines Inc. engages in the identification, exploration, and development of mineral properties in Canada. The last earnings update was 29 days ago. More info.


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  • Inomin Mines has significant price volatility in the past 3 months.
MINE Share Price and Events
7 Day Returns
0%
TSXV:MINE
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-73.1%
TSXV:MINE
-5.4%
CA Metals and Mining
0.9%
CA Market
MINE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Inomin Mines (MINE) 0% 16.7% 16.7% -73.1% - -
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • MINE underperformed the Metals and Mining industry which returned -5.4% over the past year.
  • MINE underperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
MINE
Industry
5yr Volatility vs Market

Value

 Is Inomin Mines 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 Inomin Mines. This is due to cash flow or dividend data being unavailable. The share price is CA$0.035.
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 Inomin Mines's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Inomin Mines's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MINE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:MINE Share Price ** TSXV (2019-03-08) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

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

** Primary Listing of Inomin Mines.

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

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

= 0.04 ÷ -0.01

-2.96x

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

  • Inomin Mines is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Inomin Mines is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Inomin Mines's expected growth come at a high price?
Raw Data
TSXV:MINE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.96x
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 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*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 Inomin Mines, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Inomin Mines's assets?
Raw Data
TSXV:MINE 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:MINE Share Price * TSXV (2019-03-08) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:MINE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.02

1.44x

* Primary Listing of Inomin Mines.

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

  • Inomin Mines is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Inomin Mines'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. Inomin Mines 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 Inomin Mines 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 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 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
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Inomin Mines expected to grow at an attractive rate?
  • Unable to compare Inomin Mines's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Inomin Mines's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Inomin Mines's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MINE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

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

*GAAP earnings excluding extraordinary items.

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

TSXV:MINE Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
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 Inomin Mines will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Inomin Mines'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. Inomin Mines'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. Inomin Mines'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 Inomin Mines'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.
Inomin Mines 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 Inomin Mines 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 Inomin Mines'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.
  • Inomin Mines does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Inomin Mines's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Inomin Mines's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Inomin Mines'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 Inomin Mines Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MINE 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 -0.20 0.16
2018-09-30 -0.18 0.14
2018-06-30 -0.20 0.13
2018-03-31 -0.20 0.13
2017-12-31 -0.17 0.12
2017-09-30 -0.20 0.14
2017-06-30 -0.18 0.14
2017-03-31 -0.12 0.09
2016-03-31 -0.04 0.03

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Inomin Mines is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Inomin Mines has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Inomin Mines'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.
  • Inomin Mines 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 Inomin Mines Company Filings, last reported 2 months ago.

TSXV:MINE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.40 0.00 0.18
2018-09-30 0.45 0.00 0.19
2018-06-30 0.48 0.00 0.21
2018-03-31 0.47 0.00 0.26
2017-12-31 0.46 0.00 0.27
2017-09-30 0.48 0.00 0.31
2017-06-30 0.53 0.00 0.38
2017-03-31 0.56 0.00 0.46
2016-03-31 -0.06 0.00 0.09
  • Inomin Mines has no debt.
  • Inomin Mines 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.

  • Inomin Mines has less than a year of cash runway based on current free cash flow.
  • Inomin Mines has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.8% each year.
X
Financial health checks
We assess Inomin Mines'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. Inomin Mines 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 Inomin Mines'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 Inomin Mines dividends.
If you bought CA$2,000 of Inomin Mines 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 Inomin Mines's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Inomin Mines'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:MINE 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 5.6%

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 Inomin Mines has not reported any payouts.
  • Unable to verify if Inomin Mines's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Inomin Mines's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Inomin Mines 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 Inomin Mines'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 Inomin Mines afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Inomin Mines 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 Inomin Mines'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
John Gomez-Garcia
COMPENSATION CA$0
TENURE AS CEO 2 years
CEO Bio

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 Corp. (BYU.V) and manages investor relations for Fjordland Exploration Inc. Mr. Gomez-Garcia founded White Gold Corporation in 2007 and serves as its President and Chief Executive Officer. He has consulted for leading mineral exploration companies listed on the TSX Venture Exchange, as well as technology and consumer products corporations listed on the NASDAQ and Singapore Stock Exchange, respectively Mr. Gomez-Garcia served as Chief Executive Officer of Tesoro Minerals Corp. (alternate name, Auro Resources Corp.) from June 18, 2012 to November 16, 2012. He is an entrepreneur with 20 years experience in investor relations, corporate finance and business development with public and private companies. Mr. Gomez-Garcia has 20 years experience in the natural resources sector specializing in business development, investor relations and corporate finance. He has developed communications programs for several leading Canadian and international companies including corporations listed on the NASDAQ and TSX Venture Exchanges. Mr. Gomez-Garcia also founded U3O8 Media Inc., and is founder of RAGOM Sports Inc. He has been a Director at Inomin Mines Inc. since August 23, 2012. Mr. Gomez-Garcia has been a Director of Tesoro Minerals Corp. since August 9, 2011. He served as a Director of Inovent Capital Inc. Mr. Gomez-Garcia holds a B.A. from the University of Victoria, British Columbia.

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

John Gomez-Garcia

TITLE
CEO, President & Director
TENURE
2 yrs

George Pietrobon

TITLE
CFO & Director
AGE
69
TENURE
6.6 yrs

Ari Shack

TITLE
Corporate Secretary & Director
AGE
47
Board of Directors Tenure

Average tenure and age of the Inomin Mines board of directors in years:

6.6
Average Tenure
69
Average Age
  • The tenure for the Inomin Mines board of directors is about average.
Board of Directors

John Gomez-Garcia

TITLE
CEO, President & Director
TENURE
6.6 yrs

George Pietrobon

TITLE
CFO & Director
AGE
69
TENURE
6.6 yrs

Ari Shack

TITLE
Corporate Secretary & Director
AGE
47
TENURE
6.6 yrs

William Bruce Winfield

TITLE
Independent Director
AGE
70
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Inomin Mines 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$) Value (CA$)
08. Mar 19 Buy Evilio Gomez-Garcia Individual 04. Mar 19 04. Mar 19 41,000 CA$0.03 CA$1,025
03. Apr 18 Sell Robert Baylis Individual 26. Mar 18 02. Apr 18 -65,000 CA$0.14 CA$-8,758
X
Management checks
We assess Inomin Mines'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. Inomin Mines 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 Much Of Inomin Mines Inc (CVE:MINE) Do Insiders Own?

The big shareholder groups in Inomin Mines Inc (CVE:MINE) have power over the company. … Inomin Mines is not a large company by global standards. … Check out our latest analysis for Inomin Mines

Simply Wall St -

Why Inomin Mines Inc's (CVE:MINE) Ownership Structure Is Important

In this analysis, my focus will be on developing a perspective on Inomin Mines Inc’s (CVE:MINE) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … See our latest analysis for Inomin Mines

Simply Wall St -

Breaking Down Inomin Mines Inc's (CVE:MINE) Ownership Structure

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

Simply Wall St -

Why Inomin Mines Inc's (CVE:MINE) Investor Composition Impacts Your Returns

See our latest analysis for Inomin Mines TSXV:MINE Ownership_summary Dec 16th 17 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.What this means for you: A relatively significant holding of company insiders could mean high alignment with shareholders.

Simply Wall St -

Company Info

Description

Inomin Mines Inc. 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.

Details
Name: Inomin Mines Inc.
MINE
Exchange: TSXV
Founded: 2012
CA$580,449
16,584,264
Website: http://www.inominmines.com
Address: Inomin Mines Inc.
400 Burrard Street,
Suite 1130,
Vancouver,
British Columbia, V6C 3A6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MINE Common Shares TSX Venture Exchange CA CAD 03. Feb 2017
DB IMC Common Shares Deutsche Boerse AG DE EUR 03. Feb 2017
Number of employees
Current staff
Staff numbers
0
Inomin Mines employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:38
End of day share price update: 2019/03/08 00:00
Last earnings filing: 2019/02/22
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.