TSXV:MON

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Montero Mining and Exploration

Executive Summary

Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the acquisition, evaluation, exploration, and development of mineral properties in Africa and South America. More Details


Snowflake Analysis

Weak fundamentals or lack of information.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.2%

MON

-0.9%

CA Metals and Mining

-1.0%

CA Market


1 Year Return

166.7%

MON

54.1%

CA Metals and Mining

-4.3%

CA Market

Return vs Industry: MON exceeded the Canadian Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: MON exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

MONIndustryMarket
7 Day3.2%-0.9%-1.0%
30 Day-8.6%-1.2%1.3%
90 Day60.0%-1.2%1.9%
1 Year166.7%166.7%55.3%54.1%-0.9%-4.3%
3 Year-27.3%-27.3%58.2%55.1%6.4%-4.0%
5 Year-33.3%-33.3%151.2%143.4%33.3%12.8%

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

Valuation

Is Montero Mining and Exploration undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Montero Mining and Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Montero Mining and Exploration 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.


Next Steps

  • 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.
  • 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 Montero Mining and Exploration regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Montero Mining and Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.6%

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 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.


Next Steps

  • 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.

Past Performance

How has Montero Mining and Exploration performed over the past 5 years?

29.1%

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 29.1% 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 (78.5%).


Return on Equity

High ROE: MON's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Montero Mining and Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: MON has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MON has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MON has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MON's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: 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 reduce at historical rates of 13.1% each year


Next Steps

Dividend

What is Montero Mining and Exploration 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 recent payouts.

High Dividend: Unable to evaluate MON'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 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.


Next Steps

Management

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

11.7yrs

Average board tenure


CEO

Tony Harwood (65 yo)

11.33yrs

Tenure

CA$126,056

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD171.43K).

Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Antony Harwood
President11.33yrsCA$126.06k15.19%
CA$ 531.8k
Andrew Thomson
Independent Director12.58yrsno data7.72%
CA$ 270.3k
Gregory Hall
Independent Director10.75yrsno data0.84%
CA$ 29.3k
Jamie Levy
Independent Director2.42yrsno data2.37%
CA$ 83.0k

11.7yrs

Average Tenure

59.5yo

Average Age

Experienced Board: MON's board of directors are seasoned and experienced ( 11.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Montero Mining and Exploration Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Montero Mining and Exploration Ltd.
  • Ticker: MON
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.501m
  • Shares outstanding: 21.88m
  • Website: https://www.monteromining.com

Location

  • Montero Mining and Exploration Ltd.
  • 789 West Pender Street
  • Suite 1080
  • Vancouver
  • British Columbia
  • V6C 1H2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MONTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2011
MXTR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2011

Biography

Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the acquisition, evaluation, exploration, and development of mineral properties in Africa and South America. It explores for ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:24
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.