Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, acquisition, evaluation, exploration, and development of mineral properties in Africa.
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Montero Mining and Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MON has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MON underperformed the Canadian Metals and Mining industry which returned -11.9% over the past year.
Return vs Market: MON underperformed the Canadian Market which returned -23.7% over the past year.
Price Volatility Vs. Market
How volatile is Montero Mining and Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDoes The Montero Mining and Exploration Ltd. (CVE:MON) Share Price Fall With The Market?
2 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The Montero Mining and Exploration Ltd.'s (CVE:MON) Shareholder Register?
4 months ago | Simply Wall StWe're A Little Worried About Montero Mining and Exploration's (CVE:MON) Cash Burn Rate
Is Montero Mining and Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MON's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MON's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MON is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MON 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 MON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MON is overvalued based on its PB Ratio (8.3x) compared to the CA Metals and Mining industry average (1.1x).
How is Montero Mining and Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 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 SimplyWall St do have past financial data.
- 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.
- Montero Mining and Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Montero Mining and Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MON is currently unprofitable.
Growing Profit Margin: MON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MON is unprofitable, but has reduced losses over the past 5 years at a rate of 34.4% per year.
Accelerating Growth: Unable to compare MON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MON is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: MON has a negative Return on Equity (-4302.83%), as it is currently unprofitable.
How is Montero Mining and Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: MON's short term assets (CA$116.2K) do not cover its short term liabilities (CA$494.3K).
Long Term Liabilities: MON has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MON is debt free.
Reducing Debt: MON has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Inventory Level: MON has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MON'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: MON has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MON has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.
What is Montero Mining and Exploration's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MON's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MON'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 MON's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tony Harwood (64yo)
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 C ...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD88.93K) is below average for companies of similar size in the Canadian market ($USD158.74K).
Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.
|Independent Director||12.08yrs||no data||4.81% CA$26.3k|
|Independent Director||10.25yrs||no data||0.84% CA$4.6k|
|Independent Director||1.92yrs||no data||0.085% CA$462.5|
Experienced Board: MON's board of directors are seasoned and experienced ( 11.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MON insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.
Montero Mining and Exploration Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Montero Mining and Exploration Ltd.
- Ticker: MON
- Exchange: TSXV
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$547.020k
- Shares outstanding: 21.88m
- Website: https://www.monteromining.com
- Montero Mining and Exploration Ltd.
- 789 West Pender Street
- Suite 1128
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MON||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Feb 2011|
|MXTR.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2011|
Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, acquisition, evaluation, exploration, and development of mineral properties in Africa. The company explores for gold, base metals, rare metals, industrial minerals, and bulk commodities. Its primary assets are the Wigu Hill REE Property in Tanzania and the Duyker Eiland phosphate project in South Africa. Montero Mining and Exploration Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 10:29|
|End of Day Share Price||2020/03/30 00:00|
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.