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North American Nickel

TSXV:NAN
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NAN
TSXV
$15M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

North American Nickel Inc. operates as a mineral exploration and resource development company. The last earnings update was 113 days ago. More info.


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  • North American Nickel has significant price volatility in the past 3 months.
NAN Share Price and Events
7 Day Returns
-20%
TSXV:NAN
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-75%
TSXV:NAN
-5.9%
CA Metals and Mining
0.7%
CA Market
NAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
North American Nickel (NAN) -20% -33.3% -42.9% -75% -78.9% -93.9%
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
  • NAN underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • NAN underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
NAN
Industry
5yr Volatility vs Market

NAN Value

 Is North American Nickel 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 North American Nickel. This is due to cash flow or dividend data being unavailable. The share price is CA$0.02.
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 North American Nickel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are North American Nickel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$0.00
OTCPK:WSCR.F Share Price ** OTCPK (2019-03-19) in USD $0.02
OTCPK:WSCR.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.333 CA$0.03
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 North American Nickel.

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

= OTCPK:WSCR.F Share Price ÷ EPS (both in CAD)

= 0.03 ÷ 0.00

-5.81x

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

  • North American Nickel is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • North American Nickel is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does North American Nickel's expected growth come at a high price?
Raw Data
TSXV:NAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.81x
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 North American Nickel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on North American Nickel's assets?
Raw Data
TSXV:NAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.09
OTCPK:WSCR.F Share Price * OTCPK (2019-03-19) in USD $0.02
OTCPK:WSCR.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.333 CA$0.03
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:NAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:WSCR.F Share Price ÷ Book Value per Share (both in CAD)

= 0.03 ÷ 0.09

0.3x

* Primary Listing of North American Nickel.

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

  • North American Nickel is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess North American Nickel'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. North American Nickel 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.

NAN Future Performance

 How is North American Nickel 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 North American Nickel 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 North American Nickel expected to grow at an attractive rate?
  • Unable to compare North American Nickel's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare North American Nickel's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare North American Nickel's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:NAN 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:NAN 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:NAN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -4 -3
2018-06-30 -4 -3
2018-03-31 -3 -3
2017-12-31 -2 -3
2017-09-30 -1 -3
2017-06-30 -1 -3
2017-03-31 -2 -3
2016-12-31 -2 -3
2016-09-30 -2 -3
2016-06-30 -2 -3
2016-03-31 -2 -2
2015-12-31 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if North American Nickel is high growth as no earnings estimate data is available.
  • Unable to determine if North American Nickel 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:NAN 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 North American Nickel Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NAN Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.01

*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 North American Nickel will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine North American Nickel's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. North American Nickel'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. North American Nickel'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
X
Future performance checks
We assess North American Nickel'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.
North American Nickel 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.

NAN Past Performance

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

TSXV:NAN 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 -2.86 2.71
2018-06-30 -2.82 2.78
2018-03-31 -2.76 2.76
2017-12-31 -2.88 2.88
2017-09-30 -2.86 2.87
2017-06-30 -2.96 2.70
2017-03-31 -3.14 2.61
2016-12-31 -2.88 2.33
2016-09-30 -2.79 2.02
2016-06-30 -2.74 2.01
2016-03-31 -2.37 1.85
2015-12-31 -2.39 2.05
2015-09-30 -2.44 1.79
2015-06-30 -4.17 3.52
2015-03-31 -4.23 3.44
2014-12-31 -3.74 2.96
2014-09-30 -3.69 2.81
2014-06-30 -1.61 0.83
2014-03-31 -1.29 0.70
2013-12-31 -1.26 0.69
2013-09-30 -1.12 0.62
2013-06-30 -1.35 0.93
2013-03-31 -1.46 0.85
2012-12-31 -1.45 0.82
2012-09-30 -1.44 0.77
2012-06-30 -1.28 0.67
2012-03-31 -1.21 0.79

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

NAN Health

 How is North American Nickel'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 North American Nickel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • North American Nickel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • North American Nickel has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of North American Nickel'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.
  • North American Nickel 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 North American Nickel Company Filings, last reported 5 months ago.

TSXV:NAN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 67.76 0.00 5.37
2018-06-30 68.66 0.00 14.77
2018-03-31 52.18 0.00 0.86
2017-12-31 52.73 0.00 2.90
2017-09-30 53.37 0.00 5.85
2017-06-30 50.91 0.00 10.51
2017-03-31 41.20 0.00 2.39
2016-12-31 41.70 0.00 3.33
2016-09-30 42.41 0.00 5.64
2016-06-30 31.56 4.33 3.96
2016-03-31 32.00 0.00 2.05
2015-12-31 32.48 0.00 2.82
2015-09-30 33.12 0.00 4.83
2015-06-30 27.36 0.00 5.04
2015-03-31 26.92 0.00 5.90
2014-12-31 26.75 0.00 6.33
2014-09-30 27.05 0.00 7.64
2014-06-30 27.45 0.00 12.42
2014-03-31 18.48 0.00 5.74
2013-12-31 18.68 0.00 6.28
2013-09-30 15.29 0.00 3.69
2013-06-30 15.57 0.00 7.05
2013-03-31 8.82 0.00 1.06
2012-12-31 8.95 0.00 1.37
2012-09-30 8.99 0.00 1.51
2012-06-30 9.10 0.00 3.35
2012-03-31 5.99 0.00 0.95
  • North American Nickel has no debt.
  • North American Nickel 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.

  • North American Nickel has less than a year of cash runway based on current free cash flow.
  • North American Nickel has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.5% each year.
X
Financial health checks
We assess North American Nickel'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. North American Nickel has a total score of 4/6, 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.

NAN Dividends

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

NAN Management

 What is the CEO of North American Nickel'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
Keith Morrison
COMPENSATION CA$455,750
AGE 58
TENURE AS CEO 4.3 years
CEO Bio

Mr. Richard William Morrison, also known as Keith, P.Geo., has been the Chief Executive Officer of North American Nickel Inc. since December 18, 2014. Mr. Morrison served as the Chairman of the Board of Zenyatta Ventures Limited from January, 2018 to May 11, 2018. Mr. Morrison is a Co-Founder of Vismand Exploration Inc., and serves as its Chief Executive Officer. Mr. Morrison had been the Chief Executive Officer of Gedex Inc., since September 2008 until 2014. He Co-founded Quantec Geoscience Limited and served as its Chief Executive Officer from 1989 to 2005. Since 1986, he lead Quantec through successful global expansions on four continents and the proprietary research and development of the Titan24 deep exploration system. Mr. Morrison is a geophysicist and has over 30 years of international experience in the resources sector with an accomplished background in strategy, finance, exploration, technology, global operations, capital markets and corporate development. He has an extensive experience in all facets of mineral exploration and in international project development and finance. He also Co-founded QGX in 1994. He serves as Non-Executive Chairman of Security Devices International, Inc. since April 30, 2014 and Osgood Mountain Gold Ltd. since August 2016. He served as the Chairman of Aeroquest International Ltd. from August 17, 2007 to 2012 and served as its Director from October 13, 2006 to 2012. He has been a Director of North American Nickel Inc. since December 2014. He serves as a Director at Vismand Exploration Inc. and Quantec Geoscience Limited. He served as a Director of Gedex Inc from 2008 to 2014. He served as a Non-Executive & Independent Director of Era Resources Inc. since 2011. He served as a Director of Medoro Resources Ltd. from January 19, 2010 to October 2010. He is a Member of the Society of Exploration Geophysicists (SEG) and the Prospectors and Developers Association (PDA). He is a registered Professional Geoscientist with the APGO. Mr. Morrison holds Bachelor of Science in Applied Science and Engineering Geophysics from Queen's University and is a graduate of the University of Toronto Rotman School of Business ICD Program.

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

Average tenure of the North American Nickel management team in years:

2.4
Average Tenure
  • The tenure for the North American Nickel management team is about average.
Management Team

Keith Morrison

TITLE
CEO & Director
COMPENSATION
CA$456K
AGE
58
TENURE
4.3 yrs

Mark Fedikow

TITLE
President
COMPENSATION
CA$278K
AGE
66
TENURE
3.5 yrs

Sarah-Wenjia Zhu

TITLE
Chief Financial Officer
TENURE
0.8 yrs

Peter Lightfoot

TITLE
Chief Geologist
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the North American Nickel board of directors in years:

4.5
Average Tenure
59.5
Average Age
  • The tenure for the North American Nickel board of directors is about average.
Board of Directors

John Sabine

TITLE
Chairman of the Board
COMPENSATION
CA$65K
AGE
72
TENURE
4.3 yrs

Keith Morrison

TITLE
CEO & Director
COMPENSATION
CA$456K
AGE
58
TENURE
4.3 yrs

Doug Ford

TITLE
Independent Director
COMPENSATION
CA$52K
AGE
54
TENURE
26.5 yrs

Ed Ford

TITLE
Member of Advisory Board
COMPENSATION
CA$27K
AGE
82
TENURE
2.4 yrs

Gilbert Clark

TITLE
Director
COMPENSATION
CA$42K
AGE
48
TENURE
6.8 yrs

Alex Balogh

TITLE
Member of Advisory Board
AGE
84
TENURE
6 yrs

Tony Naldrett

TITLE
Member of Advisory Board
AGE
84
TENURE
5.5 yrs

Patti Tirschmann

TITLE
Advisory Board Member
COMPENSATION
CA$269K
AGE
53
TENURE
1.2 yrs

Ole Anthon Christiansen

TITLE
Member of Advisory Board
AGE
61
TENURE
4.6 yrs

Christopher Messina

TITLE
Director
COMPENSATION
CA$42K
AGE
46
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Jun 18 Buy Gilbert Clark Individual 19. Jun 18 19. Jun 18 36,500 CA$0.08 CA$2,920
20. Apr 18 Buy Sentient Group Limited Company 19. Apr 18 19. Apr 18 13,333,333 CA$0.08 CA$1,000,006
05. Apr 18 Buy Edward Ford Individual 04. Apr 18 05. Apr 18 100,000 CA$0.07 CA$6,500
X
Management checks
We assess North American Nickel'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. North American Nickel 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.

NAN News

Simply Wall St News

NAN Company Info

Description

North American Nickel Inc. operates as a mineral exploration and resource development company. It engages in the exploration and development of mineral properties in Greenland, Canada, and the United States. The company’s principal project is the Maniitsoq property, nickel-copper-cobalt-precious metal sulphide project that consists of two exploration licenses covering an area of 2,985 square kilometers located in Greenland. Its exploration projects also include the Post Creek property, which consists of 39 unpatented mining claims covering an area of 912 hectares; and the Halcyon property that comprises 53 unpatented mining claim units totaling 864 hectares located in the Sudbury Mining District of Ontario, Canada. The company was formerly known as Widescope Resources Inc. and changed its name to North American Nickel Inc. in April 2010. North American Nickel Inc. was incorporated in 1983 and is headquartered in Vancouver, Canada.

Details
Name: North American Nickel Inc.
NAN
Exchange: TSXV
Founded: 1983
$19,851,876
787,928,500
Website: http://www.northamericannickel.com
Address: North American Nickel Inc.
1055 West Hastings Street,
Suite 2200,
Vancouver,
British Columbia, V6E 2E9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK WSCR.F Common Shares Pink Sheets LLC US USD 14. Jan 1987
DB N84 Common Shares Deutsche Boerse AG DE EUR 14. Jan 1987
TSXV NAN Common Shares TSX Venture Exchange CA CAD 14. Jan 1987
Number of employees
Current staff
Staff numbers
0
North American Nickel employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:30
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/11/28
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.