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Melior Resources

TSXV:MLR
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MLR
TSXV
CA$12M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Melior Resources Inc. engages in the exploration and development of mineral properties in Australia. The last earnings update was 17 days ago. More info.


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  • Melior Resources has significant price volatility in the past 3 months.
MLR Share Price and Events
7 Day Returns
-17%
TSXV:MLR
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-58.5%
TSXV:MLR
-7.9%
CA Metals and Mining
-0.1%
CA Market
MLR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Melior Resources (MLR) -17% -21.7% -25.9% -58.5% 107.5% -44.7%
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
  • MLR underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • MLR underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
MLR
Industry
5yr Volatility vs Market

Value

 Is Melior 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.

In this section, we usually try to help investors determine whether Melior Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Melior Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Melior Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.415.
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 Melior Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Melior Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MLR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.43
TSXV:MLR Share Price ** TSXV (2019-03-18) in CAD CA$0.42
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 Melior Resources.

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

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

= 0.42 ÷ -0.43

-0.98x

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

  • Melior Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Melior Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Melior Resources's expected growth come at a high price?
Raw Data
TSXV:MLR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.98x
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 Melior Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Melior Resources's assets?
Raw Data
TSXV:MLR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$-0.29
TSXV:MLR Share Price * TSXV (2019-03-18) in CAD CA$0.42
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:MLR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.42 ÷ -0.29

-1.44x

* Primary Listing of Melior Resources.

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

  • Melior Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of MLR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Melior Resources's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Melior 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. Melior Resources 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 Melior 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 Melior 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 Melior Resources expected to grow at an attractive rate?
  • Unable to compare Melior Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Melior Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Melior Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MLR 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:MLR 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:MLR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -7 -12
2018-09-30 -3 -8
2018-06-30 -3 -7
2018-03-31 -4 -4
2017-12-31 -3 -4
2017-09-30 -4 -4
2017-06-30 -3 -4
2017-03-31 -4 -20
2016-12-31 -3 -20
2016-09-30 -2 -19
2016-06-30 -4 -20
2016-03-31 -5 -3

*GAAP earnings excluding extraordinary items.

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

TSXV:MLR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.43
2018-09-30 -0.29
2018-06-30 -0.24
2018-03-31 -0.16
2017-12-31 -0.15
2017-09-30 -0.17
2017-06-30 -0.17
2017-03-31 -0.86
2016-12-31 -0.93
2016-09-30 -0.92
2016-06-30 -0.93
2016-03-31 -0.14

*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 Melior Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MLR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Melior 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. Melior 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 Melior 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.
Melior 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 Melior 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 Melior 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.
  • Melior Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Melior Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Melior Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Melior 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 Melior Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MLR 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 -12.28 5.42 -0.22
2018-09-30 -8.03 4.62 -0.22
2018-06-30 -6.71 3.66 -0.22
2018-03-31 -4.48 3.03
2017-12-31 -4.08 2.88
2017-09-30 -4.44 3.15
2017-06-30 -4.13 2.93
2017-03-31 -19.70 2.49
2016-12-31 -19.86 2.41
2016-09-30 -19.47 1.94
2016-06-30 -19.63 2.09
2016-03-31 -3.03 2.22
2015-12-31 -2.90 2.49
2015-09-30 -3.05 2.88
2015-06-30 -2.94 2.94
2015-03-31 -4.00 1.45
2014-12-31 -4.30 1.93
2014-09-30 -3.70 1.56
2014-06-30 -3.20 1.27
2014-03-31 -2.17 2.52
2013-12-31 -1.15 1.47
2013-09-30 -1.01 1.32
2013-06-30 -0.86 1.15
2013-03-31 -0.94 1.15
2012-12-31 -1.32 1.24
2012-09-30 -5.16 1.35
2012-06-30 -4.59 1.77
2012-03-31 -4.55 1.65

*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 Melior Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Melior Resources 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 Melior 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 Melior 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.
Melior Resources 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 Melior 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 Melior Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Melior Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Melior Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Melior 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.
  • Melior Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Melior Resources Company Filings, last reported 2 months ago.

TSXV:MLR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -8.35 18.18 0.41
2018-09-30 -2.50 13.51 3.55
2018-06-30 1.60 5.26 1.72
2018-03-31 4.98 4.92 0.44
2017-12-31 5.14 4.56 0.13
2017-09-30 6.62 4.28 0.47
2017-06-30 5.24 4.56 0.14
2017-03-31 6.41 4.43 0.92
2016-12-31 6.50 4.51 1.68
2016-09-30 6.81 3.88 0.51
2016-06-30 7.11 3.21 0.47
2016-03-31 20.08 2.85 0.66
2015-12-31 21.28 2.73 0.78
2015-09-30 21.20 2.60 1.14
2015-06-30 22.95 0.10 3.68
2015-03-31 22.80 0.11 7.74
2014-12-31 23.08 0.12 11.39
2014-09-30 24.57 0.14 16.05
2014-06-30 27.06 0.14 18.54
2014-03-31 23.61 0.00 21.10
2013-12-31 23.59 0.00 22.29
2013-09-30 23.85 0.00 22.55
2013-06-30 24.21 0.00 22.88
2013-03-31 25.30 0.00 23.03
2012-12-31 25.17 0.00 23.08
2012-09-30 25.13 0.00 22.91
2012-06-30 26.77 0.00 22.33
2012-03-31 27.92 0.00 28.01
  • Melior Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Melior Resources's debt level has increased considering it has negative shareholder equity.
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.

  • Melior Resources has less than a year of cash runway based on current free cash flow.
  • Melior Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -10.6% each year.
X
Financial health checks
We assess Melior 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. Melior Resources has a total score of 0/6, 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 Melior 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 Melior Resources dividends.
If you bought CA$2,000 of Melior 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 Melior Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Melior 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:MLR 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 Melior Resources has not reported any payouts.
  • Unable to verify if Melior Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Melior Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Melior 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 Melior 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 Melior Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Melior 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 Melior 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
Mark David McCauley
COMPENSATION CA$270,967
AGE 49
TENURE AS CEO 4.8 years
CEO Bio

Mr. Mark David Huston McCauley, B. Eng. (Hons), MBA, AMP (Harvard) has been the Chief Executive Officer at Melior Resources Inc. since May 15, 2014. Mr. McCauley serves as the Managing Director at Belridge Enterprises Pty Ltd. He serves as the Managing Director at RMM Capital Pty Ltd. He served as the Chief Executive Officer at Norton Gold Fields Limited. until September 13, 2010. He has a strong financial background having been in operations with M.I.M. Holdings Limited. He served as the Chief Financial Officer and Company Secretary of Yancoal Resources Limited (alternate name Felix Resources Ltd.,) from October 8, 2003 to February 28, 2007. He served as a Strategic Development Director of Resource Management & Mining Pty Ltd. He served on various technical positions with MIM within Australia and abroad. He has been a Director of Melior Resources Inc. since May 15, 2014. He has been an Executive Director of RMM Capital Pty Limited since May 2007. He served as a Non Executive Director of Elementos Limited from October 2010 to August 6, 2013 and Monto Minerals Limited from September 25, 2007 to 2008. He served as a Director of Norton Gold Fields Limited from September 3, 2007 to June 22, 2011 and Yarrabee Coal Company Pty Ltd. He served as a Director of Resource Management & Mining Pty Ltd., South Australian Coal & Energy Pty Ltd. and Minerva Coal Mining Pty Ltd. He is a qualified mining engineer. He is the Holder of a first class Queensland Metaliferous Mine Manager’s certificate. He has a Bachelor of Engineering from the University of Queensland and is a graduate of the Harvard Business School’s Advanced General Management program in 2003. Mr. McCauley completed a Master of Business Administration in Finance and Accounting at Bond University, Queensland, Australia in 1994.

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

Mark David McCauley

TITLE
CEO & Director
COMPENSATION
CA$271K
AGE
49
TENURE
4.8 yrs

Jonathan Mattiske

TITLE
Chief Financial Officer
COMPENSATION
CA$158K
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Melior Resources board of directors in years:

1.7
Average Tenure
49
Average Age
  • The average tenure for the Melior Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Martyn Buttenshaw

TITLE
Chairman
COMPENSATION
CA$28K
AGE
41
TENURE
1.3 yrs

Mark David McCauley

TITLE
CEO & Director
COMPENSATION
CA$271K
AGE
49
TENURE
4.8 yrs

Rishi Tibriwal

TITLE
Independent Director
COMPENSATION
CA$23K
TENURE
2.1 yrs

George Lloyd

TITLE
Independent Non-Executive Director
AGE
69
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Melior Resources 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 Mark David McCauley Individual 16. Jan 19 16. Jan 19 13,500 CA$0.73 CA$9,855
X
Management checks
We assess Melior 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. Melior 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

Why Melior Resources Inc's (CVE:MLR) CEO Pay Matters To You

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability

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What You Must Know About Melior Resources Inc's (CVE:MLR) Financial Strength

Melior Resources Inc (CVE:MLR) is a small-cap stock with a market capitalization of CA$23.18m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

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Who Really Owns Melior Resources Inc (CVE:MLR)?

See our latest analysis for Melior Resources TSXV:MLR Ownership_summary Apr 21st 18 Institutional Ownership MLR's 12.22% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … 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. … 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: MLR's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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Is Melior Resources Inc's (CVE:MLR) CEO Being Overpaid?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … TSXV:MLR Past Future Earnings Apr 7th 18 Is MLR's CEO overpaid relative to the market? … Usually I would use earnings and market cap to account for variations in performance, however, MLR's negative earnings reduces the usefulness of my formula.

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How Financially Strong Is Melior Resources Inc (CVE:MLR)?

MLR's debt levels surged from CA$3.21M to CA$4.56M over the last 12 months , which comprises of short- and long-term debt. … Moving onto cash from operations, its trivial cash flows from operations make the cash-to-debt ratio less useful to us, though these low levels of cash means that operational efficiency is worth a look. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

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Why You Need To Look At This Factor Before Buying Melior Resources Inc (CVE:MLR)

If you are looking to invest in Melior Resources Inc’s (TSXV:MLR), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a beta of 5.92, Melior Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn.

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How Financially Strong Is Melior Resources Inc (CVE:MLR)?

With this growth in debt, the current cash and short-term investment levels stands at CA$0.1M for investing into the business. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: Are you a shareholder? … MLR's high debt levels on top of low cash coverage of debt as well as low liquidity coverage of short-term obligations may not be what you're after in an investment.

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Melior Resources Inc (TSXV:MLR): What Does It Mean For Your Portfolio?

If you are looking to invest in Melior Resources Inc’s (TSXV:MLR), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A stock with a beta greater than one is considered more sensitive to market-wide shocks compared to a stock that trades below the value of one. … Check out our latest analysis for Melior Resources An interpretation of MLR's beta With a beta of 5.5, Melior Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn.

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Company Info

Description

Melior Resources Inc. engages in the exploration and development of mineral properties in Australia. Its primary project is the Goondicum ilmenite and apatite mine property located at Monto in Queensland, Australia. The company was formerly known as Coalcorp Mining Inc. and changed its name to Melior Resources Inc. in September 2011. Melior Resources Inc. was incorporated in 1995 and is based in Toronto, Canada.

Details
Name: Melior Resources Inc.
MLR
Exchange: TSXV
Founded: 1995
CA$12,337,935
29,729,965
Website: http://www.meliorresources.com
Address: Melior Resources Inc.
120 Adelaide Street West,
Suite 2500,
Toronto,
Ontario, M5H 1T1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MLR Common Shares TSX Venture Exchange CA CAD 21. Feb 1997
OTCPK CCJM.F Common Shares Pink Sheets LLC US USD 21. Feb 1997
DB 3C2A Common Shares Deutsche Boerse AG DE EUR 21. Feb 1997
Number of employees
Current staff
Staff numbers
0
Melior Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:56
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.