Northern Vertex Mining Corp. acquires, explores for, and develops mineral properties in the United States and Canada.
+ 2 more risks
Imperfect balance sheet and overvalued.
Share Price & News
How has Northern Vertex Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NEE's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: NEE underperformed the Canadian Metals and Mining industry which returned 4.4% over the past year.
Return vs Market: NEE underperformed the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Northern Vertex Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCan We See Significant Institutional Ownership On The Northern Vertex Mining Corp. (CVE:NEE) Share Register?
3 months ago | Simply Wall StAuditors Have Doubts About Northern Vertex Mining (CVE:NEE)
3 months ago | Simply Wall StIs Northern Vertex Mining (CVE:NEE) Using Too Much Debt?
Is Northern Vertex Mining 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 NEE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NEE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NEE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: NEE 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 NEE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NEE is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.5x).
How is Northern Vertex Mining 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 Northern Vertex Mining 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 NEE’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.
- Northern Vertex Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Northern Vertex Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEE is currently unprofitable.
Growing Profit Margin: NEE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NEE is unprofitable, and losses have increased over the past 5 years at a rate of -57% per year.
Accelerating Growth: Unable to compare NEE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NEE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: NEE has a negative Return on Equity (-47.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Northern Vertex Mining's financial position?
Financial Position Analysis
Short Term Liabilities: NEE's short term assets ($25.3M) do not cover its short term liabilities ($27.2M).
Long Term Liabilities: NEE's short term assets ($25.3M) do not cover its long term liabilities ($31.7M).
Debt to Equity History and Analysis
Debt Level: NEE's debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NEE's debt to equity ratio has reduced over the past 5 years.
Inventory Level: NEE has a high level of physical assets or inventory.
Debt Coverage by Assets: NEE's debt is covered by short term assets (assets are 1.7x debt).
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: NEE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NEE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -21.2% each year
What is Northern Vertex Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NEE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NEE'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 NEE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEE'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 NEE'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
Ken Berry (58yo)
Mr. Kenneth E. Berry, also known as Ken, B.Comm, serves as Chief Executive Officer, President and Corporate Secretary at Theia Resources Ltd. Mr. Berry has been Chief Executive Officer and President of Nor ...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD586.03K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Ken's compensation has increased whilst the company is unprofitable.
|Independent Director||1.1yrs||US$139.82k||0.13% $73.1k|
|Independent Director||7.2yrs||US$145.82k||1.76% $1.0m|
|Director||0.2yrs||no data||no data|
Experienced Board: NEE's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 29.7%.
Northern Vertex Mining Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Northern Vertex Mining Corp.
- Ticker: NEE
- Exchange: TSXV
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: CA$58.075m
- Shares outstanding: 247.13m
- Website: https://www.northernvertex.com
Number of Employees
- Northern Vertex Mining Corp.
- 1075 West Georgia Street
- Suite 1650
- British Columbia
- V6E 3C9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NEE||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 2008|
|NHVC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2008|
|54N||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2008|
Northern Vertex Mining Corp. acquires, explores for, and develops mineral properties in the United States and Canada. Its flagship project is the Moss mine gold-silver deposit located in Mohave County, Arizona. The company was formerly known as Northern Vertex Capital Inc. and changed its name to Northern Vertex Mining Corp. in February 2012. Northern Vertex Mining Corp. was incorporated in 2007 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 00:24|
|End of Day Share Price||2020/02/14 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.