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Melkior Resources

TSXV:MKR
Snowflake Description

Flawless balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MKR
TSXV
CA$10M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The last earnings update was 60 days ago. More info.


Add to Portfolio Compare Print
  • Melkior Resources has significant price volatility in the past 3 months.
MKR Share Price and Events
7 Day Returns
-15.4%
TSXV:MKR
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
37.5%
TSXV:MKR
-7.9%
CA Metals and Mining
-0.1%
CA Market
MKR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Melkior Resources (MKR) -15.4% -42.1% -21.4% 37.5% 37.5% 57.1%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • MKR outperformed the Metals and Mining industry which returned -7.9% over the past year.
  • MKR outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
MKR
Industry
5yr Volatility vs Market

Value

 Is Melkior Resources 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 Melkior Resources. 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 Melkior Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Melkior Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MKR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$0.00
TSXV:MKR 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 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

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

** Primary Listing of Melkior Resources.

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

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

= 0.06 ÷ 0.00

14.17x

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

  • Melkior Resources is overvalued based on earnings compared to the CA Metals and Mining industry average.
  • Melkior Resources is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does Melkior Resources's expected growth come at a high price?
Raw Data
TSXV:MKR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.17x
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 251 Publicly-Listed Companies 1.2x

*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 Melkior Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Melkior Resources's assets?
Raw Data
TSXV:MKR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.06
TSXV:MKR Share Price * TSXV (2019-03-18) in CAD CA$0.06
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:MKR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ 0.06

0.92x

* Primary Listing of Melkior Resources.

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

  • Melkior Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Melkior Resources'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. Melkior Resources has a total score of 2/6, 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 Melkior Resources 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 Melkior Resources 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
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Melkior Resources expected to grow at an attractive rate?
  • Unable to compare Melkior Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Melkior Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Melkior Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MKR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
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 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:MKR 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:MKR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 0 1
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 Melkior Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Melkior Resources 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:MKR 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 Melkior Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

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

Next steps:

  1. Examine Melkior Resources'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. Melkior Resources'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. Melkior Resources'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 Melkior Resources'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.
Melkior Resources 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 Melkior Resources 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 Melkior Resources'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.
  • Melkior Resources has delivered over 20% year on year earnings growth in the past 5 years.
  • Melkior Resources has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Melkior Resources has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
Melkior Resources'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 Melkior Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MKR 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 0.64 0.13
2018-08-31 0.41 0.12
2018-05-31 -0.37 0.17
2018-02-28 -0.16 0.14
2017-11-30 -0.13 0.20
2017-08-31 -0.16 0.22
2017-05-31 -0.16 0.17
2017-02-28 -0.26 0.32
2016-11-30 -0.31 0.29
2016-08-31 -0.09 0.28
2016-05-31 -0.41 0.25
2016-02-29 -0.45 0.14
2015-11-30 -0.48 0.13
2015-08-31 -0.57 0.16
2015-05-31 -3.19 0.17
2015-02-28 -3.69 0.17
2014-11-30 -3.67 0.20
2014-08-31 -3.64 0.20
2014-05-31 -0.67 0.12
2014-02-28 -0.76 0.31
2013-11-30 -1.43 0.30
2013-08-31 -1.50 0.36
2013-05-31 -2.32 0.47
2013-02-28 -2.13 0.34
2012-11-30 -1.43 0.42
2012-08-31 -1.48 0.44
2012-05-31 -0.88 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.
  • Melkior Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Melkior Resources used its assets less efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if Melkior Resources 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 Melkior Resources'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.
Melkior Resources has a total score of 1/6, 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 Melkior Resources'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 Melkior Resources's finances.

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

TSXV:MKR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 10.46 0.00 1.54
2018-08-31 10.42 0.00 1.81
2018-05-31 8.45 0.00 0.35
2018-02-28 8.59 0.00 0.53
2017-11-30 8.28 0.00 0.55
2017-08-31 8.41 0.00 0.82
2017-05-31 8.21 0.00 0.42
2017-02-28 8.05 0.00 0.43
2016-11-30 8.07 0.00 0.47
2016-08-31 8.29 0.00 0.69
2016-05-31 8.28 0.00 0.92
2016-02-29 7.75 0.00 0.09
2015-11-30 7.81 0.00 0.21
2015-08-31 7.82 0.00 0.24
2015-05-31 8.13 0.00 0.34
2015-02-28 8.19 0.00 0.46
2014-11-30 8.29 0.00 0.67
2014-08-31 8.02 0.00 0.44
2014-05-31 10.96 0.00 0.43
2014-02-28 11.52 0.00 0.52
2013-11-30 11.57 0.00 0.54
2013-08-31 11.44 0.00 0.59
2013-05-31 11.48 0.00 0.71
2013-02-28 11.97 0.00 0.93
2012-11-30 12.70 0.00 1.02
2012-08-31 12.84 0.00 1.06
2012-05-31 13.14 0.00 1.10
  • Melkior Resources has no debt.
  • Melkior Resources has not taken on any debt in the past 5 years.
  • Melkior Resources has no debt, it does not need to be covered by operating cash flow.
  • Melkior Resources has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Melkior Resources'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. Melkior Resources has a total score of 6/6, 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 Melkior Resources'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 Melkior Resources dividends.
If you bought CA$2,000 of Melkior Resources 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 Melkior Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Melkior Resources'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:MKR 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 331 Stocks 3.6%
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 Melkior Resources has not reported any payouts.
  • Unable to verify if Melkior Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Melkior Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Melkior Resources 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 Melkior Resources'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 Melkior Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Melkior Resources 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 Melkior Resources'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
Jim Deluce
COMPENSATION CA$0
TENURE AS CEO 2.4 years
CEO Bio

Mr. Keith James Deluce also known as Jim, has been Chief Executive Officer of Melkior Resources Inc. since October 11, 2016. Mr. Deluce is a Commercial airline pilot for Jazz Aviation LLP. Mr. Deluce has been involved in aviation management for 25 years. Mr. Deluce has been involved with mining and exploration companies in the Timmins area for over 30 years. He has been a Director of Melkior Resources Inc.since March 04, 2016. Mr. Deluce holds Bachelor Degree of Applied Science and Industrial Engineering from the University of Toronto.

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

Average tenure of the Melkior Resources management team in years:

2.4
Average Tenure
  • The tenure for the Melkior Resources management team is about average.
Management Team

Jim Deluce

TITLE
CEO & Director
TENURE
2.4 yrs

Eric Sung

TITLE
Chief Financial Officer
TENURE
0.6 yrs

Wade Kornik

TITLE
Exploration Manager & Director
TENURE
3.2 yrs

Klaus Löser

TITLE
Director
TENURE
5.3 yrs

Jo-Anne Archibald

TITLE
Corporate Secretary
TENURE
0.6 yrs
Board of Directors

Norman Farrell

TITLE
Chairman of the Board

Jim Deluce

TITLE
CEO & Director
TENURE
3 yrs

Wade Kornik

TITLE
Exploration Manager & Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Melkior Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Dec 18 Buy Keith Deluce Individual 21. Dec 18 21. Dec 18 3,529,412 CA$0.09 CA$300,000
30. Oct 18 Buy Bruce Deluce Individual 24. Oct 18 24. Oct 18 100,000 CA$0.05 CA$5,000
13. Jun 18 Buy Gesfar Inc Company 08. Jun 18 08. Jun 18 1,000,000 CA$0.06 CA$60,001
12. Jun 18 Buy Keith Deluce Individual 08. Jun 18 08. Jun 18 6,050,000 CA$0.06 CA$363,003
20. Apr 18 Buy Keith Deluce Individual 19. Apr 18 19. Apr 18 527,000 CA$0.04 CA$21,080
X
Management checks
We assess Melkior Resources'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. Melkior Resources 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

Should You Be Concerned About Melkior Resources Inc.'s (CVE:MKR) ROE?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Melkior Resources Inc. … That means that for every CA$1 worth of shareholders' equity, it generated CA$0.039 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Description

Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold, nickel, copper, platinum group elements, and volcanic mafic sulfide. Its flagship property is the Carscallen gold project with 295 claims covering 47.12 square kilometers located to the west of Timmins, Ontario. The company was founded in 1986 and is headquartered in Timmins, Canada.

Details
Name: Melkior Resources Inc.
MKR
Exchange: TSXV
Founded: 1986
CA$10,422,001
189,490,938
Website: http://www.melkior.com
Address: Melkior Resources Inc.
66 Brousseau Avenue,
Suite 207,
Timmins,
Ontario, P4N 5Y2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MKR Common Shares TSX Venture Exchange CA CAD 31. Aug 1988
OTCPK MKRI.F Common Shares Pink Sheets LLC US USD 31. Aug 1988
DB MEK Common Shares Deutsche Boerse AG DE EUR 31. Aug 1988
Number of employees
Current staff
Staff numbers
0
Melkior Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:39
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/01/17
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/08/31


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.