TSXV:NCX

Stock Analysis Report

NorthIsle Copper and Gold

Executive Summary

NorthIsle Copper and Gold Inc., a junior resource company, engages in the exploration and development of mineral properties in Canada.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

How has NorthIsle Copper and Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

NCX

-5.7%

CA Metals and Mining

0.3%

CA Market


1 Year Return

-50.0%

NCX

9.0%

CA Metals and Mining

0.1%

CA Market

Return vs Industry: NCX underperformed the Canadian Metals and Mining industry which returned 9% over the past year.

Return vs Market: NCX underperformed the Canadian Market which returned 0.1% over the past year.


Shareholder returns

NCXIndustryMarket
7 Day0%-5.7%0.3%
30 Day-8.3%-5.4%-2.5%
90 Day0%-5.2%-1.4%
1 Year-50.0%-50.0%9.8%9.0%3.6%0.1%
3 Year-15.4%-15.4%-11.7%-13.4%14.3%4.1%
5 Year57.1%57.1%2.5%-1.4%25.0%6.9%

Price Volatility Vs. Market

How volatile is NorthIsle Copper and Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NorthIsle Copper and Gold undervalued compared to its fair value and its price relative to the market?

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate NCX's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate NCX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NCX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: NCX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate NCX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NCX is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is NorthIsle Copper and Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.6%

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 NorthIsle Copper and Gold 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 NorthIsle Copper and Gold performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NCX is unprofitable, and losses have increased over the past 5 years at a rate of -8.5% per year.

Accelerating Growth: Unable to compare NCX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NCX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: NCX has a negative Return on Equity (-4.22%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is NorthIsle Copper and Gold's financial position?


Financial Position Analysis

Short Term Liabilities: NCX's short term assets (CA$426.6K) exceeds its short term liabilities (CA$233.0K)

Long Term Liabilities: NCX has no long term liabilities


Debt to Equity History and Analysis

Debt Level: NCX is debt free.

Reducing Debt: NCX had no debt 5 years ago.


Balance Sheet

Inventory Level: NCX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if NCX'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: NCX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NCX has sufficient cash runway for 1.392521 years if free cash flow continues to grow at historical rates of 13.7% each year.


Next Steps

Dividend

What is NorthIsle Copper and Gold'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 NCX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NCX'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 NCX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NCX'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 NCX'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 NorthIsle Copper and Gold's salary, the management and board of directors tenure and is there insider trading?

8.2yrs

Average board tenure


CEO

Jack McClintock (68yo)

0yrs

Tenure

CA$100,416

Compensation

Mr. John Alexander McClintock, also known as Jack, B.Sc., MBA, P.Eng., has been the President and Chief Executive Officer at Northisle Copper and Gold Inc. since August 19, 2011. Mr. McClintock is responsi ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jack's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.


Board Age and Tenure

8.2yrs

Average Tenure

64yo

Average Age

Experienced Board: NCX's board of directors are considered experienced (8.2 years average tenure).


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$6,15201 Nov 18
Francis Corman
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares64,000
Max PriceCA$0.10

Ownership Breakdown


Management Team

  • David Douglas (60yo)

    Corporate Secretary

    • Tenure: 8.2yrs
    • Compensation: CA$35.25k
  • Jack McClintock (68yo)

    President

    • Tenure: 0yrs
    • Compensation: CA$100.42k

Board Members

  • Francis Corman (81yo)

    Chairman of the Board

    • Tenure: 8.2yrs
    • Compensation: CA$10.00k
  • David Douglas (60yo)

    Corporate Secretary

    • Tenure: 8.2yrs
    • Compensation: CA$35.25k
  • Jack McClintock (68yo)

    President

    • Tenure: 0yrs
    • Compensation: CA$100.42k
  • Larry Yau (55yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: CA$10.00k
  • Martino De Ciccio

    Director

    • Tenure: 1.7yrs
    • Compensation: CA$13.33k

Company Information

NorthIsle Copper and Gold Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NorthIsle Copper and Gold Inc.
  • Ticker: NCX
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$6.524m
  • Shares outstanding: 118.61m
  • Website: https://www.northisle.ca

Location

  • NorthIsle Copper and Gold Inc.
  • 1040 West Georgia Street
  • 15th floor
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NCXTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2011
NTCP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2011
0N4DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2011

Biography

NorthIsle Copper and Gold Inc., a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 00:19
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.