TSXV:MN

Stock Analysis Report

Manganese X Energy

Executive Summary

Manganese X Energy Corp. engages in the acquisition and exploration of mineral properties in Canada.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

-5.0%

MN

-0.8%

CA Metals and Mining

0.2%

CA Market


1 Year Return

-44.1%

MN

13.6%

CA Metals and Mining

2.4%

CA Market

Return vs Industry: MN underperformed the Canadian Metals and Mining industry which returned 13.6% over the past year.

Return vs Market: MN underperformed the Canadian Market which returned 2.4% over the past year.


Shareholder returns

MNIndustryMarket
7 Day-5.0%-0.8%0.2%
30 Day-5.0%-8.4%-3.3%
90 Day-17.4%-7.6%-1.8%
1 Year-44.1%-44.1%14.5%13.6%6.0%2.4%
3 Year-36.7%-36.7%-10.6%-12.2%14.2%4.0%
5 Year-76.3%-76.3%16.7%12.9%27.2%8.6%

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?

4.54x

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 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 (4.5x) compared to the CA Metals and Mining industry average (1.3x).


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?

38.6%

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?

-21.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MN is unprofitable, and losses have increased over the past 5 years at a rate of -21% 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 (-11.9%).


Return on Equity

High ROE: MN has a negative Return on Equity (-93.4%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: MN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Manganese X Energy's financial position?


Financial Position Analysis

Short Term Liabilities: MN's short term assets (CA$923.7K) exceeds its short term liabilities (CA$293.8K)

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

Inventory Level: MN has a low level of unsold assets or inventory.

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


Cash Runway Analysis

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

Stable Cash Runway: MN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MN has sufficient cash runway for 1.172217 years if free cash flow continues to grow at historical rates of 13.2% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Manganese X Energy's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Martin Kepman 0

3yrs

Tenure

0

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  ...


Management Age and Tenure

3.8yrs

Average Tenure

Experienced Management: MN's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

60.5yo

Average Age

Experienced Board: MN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

BuyCA$24,00011 Apr 19
Martin Kepman
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares200,000
Max PriceCA$0.12

Ownership Breakdown


Management Team

  • Marc Blais (58yo)

    Consultant

    • Tenure: 4.7yrs
    • Compensation: CA$121.50k
  • Jacques Arsenault (62yo)

    Chief Financial Officer

    • Tenure: 8.8yrs
    • Compensation: CA$25.40k
  • Martin Kepman

    CEO, President & Director

    • Tenure: 3yrs
  • Shimmy Posen

    Corporate Secretary

    • Tenure: 2.9yrs

Board Members

  • Roger Dahn (60yo)

    Vice-President of Exploration & Director

    • Tenure: 3.1yrs
  • Jay Richardson (74yo)

    Member of Technical & Marketing Advisory Board

    • Tenure: 2.8yrs
  • Mark Billings (49yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: CA$10.00k
  • Anthony Viele (61yo)

    Director

    • Tenure: 0.08yrs
  • Martin Kepman

    CEO, President & Director

    • Tenure: 3yrs
  • Luisa de Fatima Moreno

    Director

    • Tenure: 2.8yrs
  • Jessica Dahn

    Member of Technical & Marketing Advisory Board

    • Tenure: 2.8yrs
  • Peter Godbehere

    Member of Technical & Marketing Advisory Board

    • Tenure: 2.8yrs

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:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$6.419m
  • Shares outstanding: 67.56m
  • Website: https://www.manganesexenergycorp.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A2AQWZDB (Deutsche Boerse AG)COM NPV(POST REV SPLIT)DECADNo data
MNTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2010
SNCG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2010
9SC2DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2010

Biography

Manganese X Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. The company’s flagship project is the Battery Hill Houlton Woodstock Manganese property consisting of 55 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:17
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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