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Montero Mining and Exploration

TSXV:MON
Snowflake Description

Mediocre balance sheet and overvalued.

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

Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Africa. The last earnings update was 112 days ago. More info.


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MON Share Price and Events
7 Day Returns
20.8%
TSXV:MON
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-49.1%
TSXV:MON
-5.9%
CA Metals and Mining
0.7%
CA Market
MON Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Montero Mining and Exploration (MON) 20.8% 107.1% 61.1% -49.1% -39.6% -48.2%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • MON underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • MON underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
MON
Industry
5yr Volatility vs Market

MON Value

 Is Montero Mining and Exploration 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 Montero Mining and Exploration. This is due to cash flow or dividend data being unavailable. The share price is CA$0.145.
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 Montero Mining and Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Montero Mining and Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MON PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.06
TSXV:MON Share Price ** TSXV (2019-03-18) in CAD CA$0.15
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Montero Mining and Exploration.

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

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

= 0.15 ÷ -0.06

-2.42x

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

  • Montero Mining and Exploration is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Montero Mining and Exploration is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Montero Mining and Exploration's expected growth come at a high price?
Raw Data
TSXV:MON PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.42x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 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 Montero Mining and Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Montero Mining and Exploration's assets?
Raw Data
TSXV:MON PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.13
TSXV:MON Share Price * TSXV (2019-03-18) in CAD CA$0.15
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:MON PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.15 ÷ 0.13

1.11x

* Primary Listing of Montero Mining and Exploration.

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

  • Montero Mining and Exploration is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Montero Mining and Exploration'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. Montero Mining and Exploration has a total score of 1/6, 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.

MON Future Performance

 How is Montero Mining and Exploration 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 Montero Mining and Exploration 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Montero Mining and Exploration expected to grow at an attractive rate?
  • Unable to compare Montero Mining and Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Montero Mining and Exploration's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Montero Mining and Exploration's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MON Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:MON Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:MON Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 0 -1
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Montero Mining and Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Montero Mining and Exploration 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:MON Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Montero Mining and Exploration Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MON Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.06
2018-06-30 -0.06
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 0.01
2017-06-30 0.02
2017-03-31 0.01
2016-12-31 0.01
2016-09-30 -0.04
2016-06-30 -0.03
2016-03-31 -0.03
2015-12-31 -0.03

*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 Montero Mining and Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MON’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. Montero Mining and Exploration'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. Montero Mining and Exploration'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
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Future performance checks
We assess Montero Mining and Exploration'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.
Montero Mining and Exploration 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.

MON Past Performance

  How has Montero Mining and Exploration 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 Montero Mining and Exploration'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.
  • Montero Mining and Exploration does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Montero Mining and Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Montero Mining and Exploration's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Montero Mining and Exploration'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 Montero Mining and Exploration Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MON Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -1.19 0.83
2018-06-30 -1.13 0.82
2018-03-31 -0.53 0.33
2017-12-31 -0.44 0.28
2017-09-30 0.14 0.22
2017-06-30 0.16 0.19
2017-03-31 0.09 0.22
2016-12-31 0.10 0.22
2016-09-30 -0.32 0.20
2016-06-30 -0.29 0.17
2016-03-31 -0.29 0.18
2015-12-31 -0.30 0.18
2015-09-30 -10.08 0.19
2015-06-30 -10.07 0.20
2015-03-31 -10.09 0.21
2014-12-31 -10.07 0.21
2014-09-30 -0.49 0.24
2014-06-30 -0.58 0.29
2014-03-31 -0.69 0.40
2013-12-31 -0.91 0.52
2013-09-30 -2.16 0.64
2013-06-30 -2.33 0.76
2013-03-31 -3.09 0.83
2012-12-31 -3.37 1.00
2012-09-30 -2.87 1.62
2012-06-30 -3.18 1.82
2012-03-31 -2.62 1.89

*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 Montero Mining and Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Montero Mining and Exploration 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 Montero Mining and Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess Montero Mining and Exploration'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.
Montero Mining and Exploration 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.

MON Health

 How is Montero Mining and Exploration'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 Montero Mining and Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Montero Mining and Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Montero Mining and Exploration has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Montero Mining and Exploration'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.
  • Montero Mining and Exploration 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 Montero Mining and Exploration Company Filings, last reported 5 months ago.

TSXV:MON Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 2.87 0.00 0.07
2018-06-30 3.05 0.00 0.42
2018-03-31 2.40 0.00 0.08
2017-12-31 2.56 0.00 0.22
2017-09-30 2.77 0.00 0.39
2017-06-30 2.11 0.63 0.59
2017-03-31 1.49 0.64 0.00
2016-12-31 1.59 0.63 0.00
2016-09-30 0.67 0.59 0.01
2016-06-30 0.75 0.55 0.01
2016-03-31 0.83 0.48 0.01
2015-12-31 0.99 0.43 0.01
2015-09-30 0.99 0.39 0.01
2015-06-30 1.01 0.34 0.01
2015-03-31 1.13 0.30 0.01
2014-12-31 1.13 0.21 0.03
2014-09-30 10.80 0.19 0.04
2014-06-30 10.37 0.17 0.05
2014-03-31 10.86 0.10 0.03
2013-12-31 10.52 0.07 0.02
2013-09-30 10.47 0.00 0.06
2013-06-30 10.83 0.00 0.24
2013-03-31 10.70 0.00 0.63
2012-12-31 9.33 0.00 0.50
2012-09-30 10.44 0.00 0.35
2012-06-30 11.08 0.00 0.99
2012-03-31 11.87 0.00 1.84
  • Montero Mining and Exploration has no debt.
  • Montero Mining and Exploration had no debt 5 years ago.
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.

  • Montero Mining and Exploration has less than a year of cash runway based on current free cash flow.
  • Montero Mining and Exploration has less than a year of cash runway if free cash flow continues to grow at historical rates of 71.1% each year.
X
Financial health checks
We assess Montero Mining and Exploration'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. Montero Mining and Exploration has a total score of 3/6, 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.

MON Dividends

 What is Montero Mining and Exploration'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 Montero Mining and Exploration dividends.
If you bought CA$2,000 of Montero Mining and Exploration 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 Montero Mining and Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Montero Mining and Exploration'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:MON 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%
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 Montero Mining and Exploration has not reported any payouts.
  • Unable to verify if Montero Mining and Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Montero Mining and Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Montero Mining and Exploration 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 Montero Mining and Exploration'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 Montero Mining and Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Montero Mining and Exploration 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.

MON Management

 What is the CEO of Montero Mining and Exploration'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
Tony Harwood
COMPENSATION CA$91,342
AGE 63
TENURE AS CEO 9.8 years
CEO Bio

Dr. Antony Harwood, also known as Tony, BSc (Hons). Ph.D.(Geology), has been the Chief Executive Officer and President of Montero Mining and Exploration Ltd. since June 1, 2009. Dr. Harwood served as the Chief Executive Officer and President of Africo Resources Ltd. from July 7, 2006 to May 2009. Dr. Harwood served as the Managing Director of Harwood International from September 1993 to June 1998. He was founder of Harwood International Ltd. He is an Economic Geologist with 30 years' of international exploration and mining experience. His career focus has been on exploration, mine development and mining in Africa, working primarily for major and junior mining companies as a principle or as a consultant. He served as Vice President of Placer Dome Inc. from June 2000 to March 2006. Dr. Harwood served as the Executive Chairman of Universal Coal Plc until April 18, 2012 and also previously served as its Chairman since December 1, 2009. He has been a Director of East Africa Metals Inc. since March 28, 2013. He has been Member of Advisory Board at Soltoro Ltd. since July 18, 2014. He served as Independent Director of African Gold Group Inc. from September 28, 2015 to April 25, 2017. He has been Director at Montero Mining and Exploration Ltd. since October 5, 2006. he has been Independent Director at Tesoro Minerals Corp. since January 03, 2013. He served as a Director of Auryx Gold Corp. since June 25, 2010. He served as a Director of Adamus Resources Ltd. since January 23, 2008. He served as a Director of Endeavour Mining Corporation from December 5, 2011 to September 17, 2013. He served as a Director at Lappland Goldminers AB since May 2008. He served as a Director of Universal Coal plc from December 1, 2009 to April 18, 2012. He served as a Director of Africo Resources Ltd. from July 4, 2006 to May 2009 and Tova Ventures Inc. since June 2010. He held the position of lecturer at Cardiff University, UK and Natal University, Durban, South Africa. Dr. Harwood graduated from University of Wales, College Cardiff, with a B.Sc. (Honours) degree and a Ph.D. in Economic Geology form 1976 to 1983.

CEO Compensation
  • Tony's compensation has increased whilst company is loss making.
  • Tony's remuneration is lower than average for companies of similar size in Canada.
Management Team

Tony Harwood

TITLE
President
COMPENSATION
CA$91K
AGE
63
TENURE
9.8 yrs

Sheri Wennberg

TITLE
Acting CFO & Corporate Secretary
COMPENSATION
CA$16K
AGE
51
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Montero Mining and Exploration board of directors in years:

10.1
Average Tenure
57.5
Average Age
  • The average tenure for the Montero Mining and Exploration board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tony Harwood

TITLE
President
COMPENSATION
CA$91K
AGE
63
TENURE
12.4 yrs

Andrew Thomson

TITLE
Director
AGE
52
TENURE
11 yrs

Greg Hall

TITLE
Director
AGE
68
TENURE
9.2 yrs

Jamie Levy

TITLE
Director
AGE
46
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Montero Mining and Exploration 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$) Value (CA$)
19. Jan 19 Buy Andrew Thomson Individual 18. Jan 19 18. Jan 19 3,500 CA$0.09 CA$325
30. Apr 18 Buy Sheri Rempel Individual 26. Apr 18 26. Apr 18 7,906 CA$0.24 CA$1,897
23. Mar 18 Buy Andrew Thomson Individual 22. Mar 18 22. Mar 18 21,875 CA$0.28 CA$5,879
X
Management checks
We assess Montero Mining and Exploration'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. Montero Mining and Exploration 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.

MON News

Simply Wall St News

What Kind Of Investor Owns Most Of Montero Mining and Exploration Ltd. (CVE:MON)?

The big shareholder groups in Montero Mining and Exploration Ltd. … Montero Mining and Exploration is not a large company by global standards. … Check out our latest analysis for Montero Mining and Exploration

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Montero Mining and Exploration Ltd (CVE:MON): How Does It Impact Your Portfolio?

For Montero Mining and Exploration Ltd’s (CVE:MON) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Broadly speaking, there are two types of risk you should consider when investing in stocks such as MON. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

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Does Montero Mining and Exploration Ltd's (CVE:MON) CEO Pay Compare Well With Peers?

See our latest analysis for Montero Mining and Exploration What has MON's performance been like? … Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Usually I'd use market cap and profit as factors determining performance, however, MON's negative earnings lower the effectiveness of this method.

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Before You Buy Montero Mining and Exploration Ltd's (CVE:MON), Consider This

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … See our latest analysis for Montero Mining and Exploration What is MON’s market risk? … MON’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.

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Is Montero Mining and Exploration Ltd's (CVE:MON) PE Ratio A Signal To Sell For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for MON Price per share = CA$0.26 Earnings per share = CA$0.011 ∴ Price-Earnings Ratio = CA$0.26 ÷ CA$0.011 = 22.3x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you are inadvertently comparing riskier firms with MON, then MON’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price. … If this assumption does not hold true, MON’s higher P/E ratio may be because firms in our peer group are being undervalued by the market.

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What You Must Know About Montero Mining and Exploration Ltd's (CVE:MON) Return on Equity

Montero Mining and Exploration Ltd (TSXV:MON) generated a below-average return on equity of 5.03% in the past 12 months, while its industry returned 8.82%. … See our latest analysis for Montero Mining and Exploration Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Montero Mining and Exploration’s profit against the level of its shareholders’ equity. … Since Montero Mining and Exploration’s return does not cover its cost, with a difference of -11.68%, this means its current use of equity is not efficient and not sustainable.

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Why Montero Mining and Exploration Ltd's (CVE:MON) Ownership Structure Is Important

See our latest analysis for Montero Mining and Exploration TSXV:MON Ownership_summary Mar 14th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … General Public Ownership The general public holds a substantial 65.52% stake in MON, making it a highly popular stock among retail investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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What Did Montero Mining and Exploration Ltd's (CVE:MON) CEO Take Home Last Year?

I will break down Harwood’s pay and compare this to the company’s performance over the same period, as well as measure it against other Canadian CEOs leading companies of similar size and profitability. … Profitability of a company is a strong indication of MON's ability to generate returns on shareholders' funds through corporate activities. … Allowing for the size of MON in terms of market cap, as well as its performance, using earnings as a proxy, it appears that Harwood is paid in-line with other Canadian CEOs of small-caps, on average.

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Can Montero Mining and Exploration Ltd (CVE:MON) Improve Your Portfolio Returns?

If you are looking to invest in Montero Mining and Exploration Ltd’s (TSXV:MON), 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. … MON, with its market capitalisation of CA$6.06M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … How MON's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Does Montero Mining and Exploration Ltd's (CVE:MON) PE Ratio Signal A Selling Opportunity?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for MON Price per share = CA$0.28 Earnings per share = CA$0.011 ∴ Price-Earnings Ratio = CA$0.28 ÷ CA$0.011 = 24.4x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … If this assumption does not hold true, MON’s higher P/E ratio may be because firms in our peer group are being undervalued by the market.

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MON Company Info

Description

Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Africa. The company focuses on exploring lithium, rare earths, phosphates, and battery metals. Its principal property is the Soris Lithium project located in central Namibia. Montero Mining and Exploration Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Montero Mining and Exploration Ltd.
MON
Exchange: TSXV
Founded: 2006
CA$3,172,718
21,880,818
Website: http://www.monteromining.com
Address: Montero Mining and Exploration Ltd.
789 West Pender Street,
Suite 1128,
Vancouver,
British Columbia, V6C 1H2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MON Common Shares TSX Venture Exchange CA CAD 15. Feb 2011
OTCPK MXTR.F Common Shares Pink Sheets LLC US USD 15. Feb 2011
Number of employees
Current staff
Staff numbers
0
Montero Mining and Exploration employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:28
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.