TSXV:MN

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Manganese X Energy

Executive Summary

Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Manganese X Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

139.3%

MN

2.8%

CA Metals and Mining

1.1%

CA Market


1 Year Return

570.0%

MN

54.8%

CA Metals and Mining

-7.0%

CA Market

Return vs Industry: MN exceeded the Canadian Metals and Mining industry which returned 54.8% over the past year.

Return vs Market: MN exceeded the Canadian Market which returned -7% over the past year.


Shareholder returns

MNIndustryMarket
7 Day139.3%2.8%1.1%
30 Day605.3%2.0%-1.2%
90 Day509.1%28.4%6.8%
1 Year570.0%570.0%56.0%54.8%-3.7%-7.0%
3 Year458.3%458.3%65.4%62.1%10.3%-0.4%
5 Year1,240.0%1,240.0%186.4%177.8%43.7%21.6%

Price Volatility Vs. Market

How volatile is Manganese X Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Manganese X Energy undervalued compared to its fair value and its price relative to the market?

71.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: MN is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MN is overvalued based on its PB Ratio (71.4x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

How is Manganese X Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Manganese X Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Manganese X Energy performed over the past 5 years?

-23.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MN is currently unprofitable.

Growing Profit Margin: MN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MN is unprofitable, and losses have increased over the past 5 years at a rate of 23.1% per year.

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

Earnings vs Industry: MN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).


Return on Equity

High ROE: MN has a negative Return on Equity (-195.27%), as it is currently unprofitable.


Next Steps

Financial Health

How is Manganese X Energy's financial position?


Financial Position Analysis

Short Term Liabilities: MN's short term assets (CA$400.7K) exceed its short term liabilities (CA$101.4K).

Long Term Liabilities: MN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MN is debt free.

Reducing Debt: MN currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MN has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MN is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Manganese X Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if MN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Martin Kepman

3.92yrs

Tenure

Mr. Martin Kepman serves as Chief Executive Officer at Manganese X Energy Corp. Mr. Kepman has been President at Manganese X Energy Corp. since October 2016 and its Director since April 2016. He served as ...


Leadership Team

NamePositionTenureCompensationOwnership
Jacques Arsenault
Chief Financial Officer9.75yrsCA$25.40k0.86%
CA$ 544.9k
Marc Blais
Consultant5.58yrsCA$121.50kno data
Martin Kepman
CEO, President & Director3.92yrsno data0.22%
CA$ 140.7k
Shimshon Posen
Corporate Secretary3.83yrsno datano data

4.8yrs

Average Tenure

Experienced Management: MN's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Martin Kepman
CEO, President & Director3.92yrsno data0.22%
CA$ 140.7k
Roger Dahn
Director4yrsno datano data
James Richardson
Member of Technical & Marketing Advisory Board and Director3.67yrsno datano data
Anthony Viele
Director1yrno datano data
Luisa de Fatima Moreno
Director3.67yrsno datano data
Jessica Dahn
Member of Technical & Marketing Advisory Board3.67yrsno datano data
Peter Godbehere
Member of Technical & Marketing Advisory Board3.67yrsno datano data

3.7yrs

Average Tenure

62yo

Average Age

Experienced Board: MN's board of directors are considered experienced (3.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.4%.


Top Shareholders

Company Information

Manganese X Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Manganese X Energy Corp.
  • Ticker: MN
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$63.090m
  • Shares outstanding: 94.16m
  • Website: https://www.manganesexenergycorp.com

Location

  • Manganese X Energy Corp.
  • 145 Rue Graveline
  • Saint-Laurent
  • Quebec
  • H4T 1R3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MNTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2010
MNXX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2010
9SC2DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2010

Biography

Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. The company’s property portfolio include Houlton Woodstock Manganese property consisting of 55 claims to ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 05:58
End of Day Share Price2020/09/17 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.