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Northern Vertex Mining

TSXV:NEE
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NEE
TSXV
CA$44M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Northern Vertex Mining Corp. acquires, explores for, develops, and operates mineral properties in the United States and Canada. The last earnings update was 56 days ago. More info.


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  • Northern Vertex Mining has significant price volatility in the past 3 months.
NEE Share Price and Events
7 Day Returns
2.9%
TSXV:NEE
-3.3%
CA Metals and Mining
0.6%
CA Market
1 Year Returns
-61.7%
TSXV:NEE
-9.7%
CA Metals and Mining
3.4%
CA Market
NEE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Northern Vertex Mining (NEE) 2.9% -21.7% -26.5% -61.7% -39% -58.1%
CA Metals and Mining -3.3% -5.1% 6.6% -9.7% -6% -20.6%
CA Market 0.6% 2.7% 8.3% 3.4% 15.7% 7.1%
1 Year Return vs Industry and Market
  • NEE underperformed the Metals and Mining industry which returned -9.7% over the past year.
  • NEE underperformed the Market in Canada which returned 3.4% over the past year.
Price Volatility
NEE
Industry
5yr Volatility vs Market

NEE Value

 Is Northern Vertex Mining 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 Northern Vertex Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.18.
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 Northern Vertex Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Northern Vertex Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NEE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.04
TSXV:NEE Share Price ** TSXV (2019-04-23) in CAD CA$0.18
TSXV:NEE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.745 $0.13
Canada Metals and Mining Industry PE Ratio Median Figure of 114 Publicly-Listed Metals and Mining Companies 13.43x
Canada Market PE Ratio Median Figure of 557 Publicly-Listed Companies 14.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Northern Vertex Mining.

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

= TSXV:NEE Share Price ÷ EPS (both in USD)

= 0.13 ÷ -0.04

-3.35x

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

  • Northern Vertex Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Northern Vertex Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Northern Vertex Mining's expected growth come at a high price?
Raw Data
TSXV:NEE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.35x
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 256 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 Northern Vertex Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Northern Vertex Mining's assets?
Raw Data
TSXV:NEE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.21
TSXV:NEE Share Price * TSXV (2019-04-23) in CAD CA$0.18
TSXV:NEE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.745 $0.13
Canada Metals and Mining Industry PB Ratio Median Figure of 1,086 Publicly-Listed Metals and Mining Companies 1.32x
Canada Market PB Ratio Median Figure of 2,380 Publicly-Listed Companies 1.51x
TSXV:NEE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:NEE Share Price ÷ Book Value per Share (both in USD)

= 0.13 ÷ 0.21

0.63x

* Primary Listing of Northern Vertex Mining.

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

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

NEE Future Performance

 How is Northern Vertex Mining 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 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 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
36.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Northern Vertex Mining expected to grow at an attractive rate?
  • Unable to compare Northern Vertex Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Northern Vertex Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Northern Vertex Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:NEE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 36.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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:NEE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:NEE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 7 -4 -7
2018-09-30 1 -2 -3
2018-06-30 -1 -4
2018-03-31 -3 -4
2017-12-31 -1 -5
2017-09-30 -2 -5
2017-06-30 -2 -3
2017-03-31 -3 -4
2016-12-31 -3 -6
2016-09-30 -3 -5
2016-06-30 -3 -3
2016-03-31 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Northern Vertex Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Northern Vertex Mining 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:NEE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Northern Vertex Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NEE Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.04
2017-06-30 -0.03
2017-03-31 -0.05
2016-12-31 -0.07
2016-09-30 -0.06
2016-06-30 -0.03
2016-03-31 -0.02

*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 Northern Vertex Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Northern Vertex Mining'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. Northern Vertex Mining'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
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Future performance checks
We assess Northern Vertex Mining'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.
Northern Vertex Mining 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.

NEE Past Performance

  How has Northern Vertex Mining 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 Northern Vertex Mining'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.
  • Northern Vertex Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Northern Vertex Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Northern Vertex Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Northern Vertex Mining'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 Northern Vertex Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NEE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 6.98 -7.28 2.29
2018-09-30 1.19 -2.89 2.44
2018-06-30 -3.66 2.22
2018-03-31 -4.36 2.23
2017-12-31 -4.80 2.40
2017-09-30 -4.89 2.58
2017-06-30 -3.46 2.91
2017-03-31 -4.46 3.03
2016-12-31 -6.09 2.84
2016-09-30 -5.20 3.10
2016-06-30 -2.89 2.65
2016-03-31 -1.80 2.33
2015-12-31 3.09 2.05
2015-09-30 3.53 1.40
2015-06-30 3.06 1.26
2015-03-31 2.77 1.22
2014-12-31 0.68 1.72
2014-09-30 -0.65 2.58
2014-06-30 -3.91 3.94
2014-03-31 -3.69 4.79
2013-12-31 -7.73 5.43
2013-09-30 -9.57 5.77
2013-06-30 -7.51 4.26
2013-03-31 -6.80 3.06
2012-12-31 -3.65 2.35
2012-09-30 -1.96 1.42
2012-06-30 -1.85 1.52

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

NEE Health

 How is Northern Vertex Mining'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 Northern Vertex Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Northern Vertex Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Northern Vertex Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Northern Vertex Mining'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.
  • Debt is covered by short term assets, assets are 1.4x debt.
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 Northern Vertex Mining Company Filings, last reported 3 months ago.

TSXV:NEE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 49.28 18.46 7.68
2018-09-30 47.90 34.35 1.66
2018-06-30 48.91 34.59 5.73
2018-03-31 47.60 35.90 13.15
2017-12-31 47.59 30.22 17.70
2017-09-30 47.39 22.54 25.82
2017-06-30 37.87 12.55 19.22
2017-03-31 25.20 7.24 6.07
2016-12-31 22.52 6.96 7.94
2016-09-30 21.45 3.53 4.58
2016-06-30 20.60 0.00 1.00
2016-03-31 21.25 0.00 2.72
2015-12-31 19.70 0.00 1.60
2015-09-30 20.67 0.00 2.58
2015-06-30 20.29 0.00 2.57
2015-03-31 19.68 0.00 2.51
2014-12-31 20.20 0.00 3.43
2014-09-30 20.55 0.00 3.53
2014-06-30 19.77 0.00 3.80
2014-03-31 17.86 0.00 2.43
2013-12-31 18.48 0.00 3.93
2013-09-30 19.50 0.00 7.38
2013-06-30 17.50 0.00 7.38
2013-03-31 18.75 0.00 12.06
2012-12-31 22.41 0.00 9.61
2012-09-30 14.96 0.00 1.89
2012-06-30 15.07 0.00 2.37
  • Northern Vertex Mining's level of debt (37.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 37.5% today).
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.

  • Northern Vertex Mining has less than a year of cash runway based on current free cash flow.
  • Northern Vertex Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 68.9% each year.
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Financial health checks
We assess Northern Vertex Mining'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. Northern Vertex Mining has a total score of 2/6, 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.

NEE Dividends

 What is Northern Vertex Mining'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 Northern Vertex Mining dividends.
If you bought CA$2,000 of Northern Vertex Mining 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 Northern Vertex Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Northern Vertex Mining'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:NEE 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 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.5%

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 Northern Vertex Mining has not reported any payouts.
  • Unable to verify if Northern Vertex Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Northern Vertex Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Northern Vertex Mining 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.
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Income/ dividend checks
We assess Northern Vertex Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Northern Vertex Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Northern Vertex Mining 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.

NEE Management

 What is the CEO of Northern Vertex Mining'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
Ken Berry
COMPENSATION $277,859
AGE 57
TENURE AS CEO 2.6 years
CEO Bio

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 Northern Vertex Mining Corp since September 30, 2016. He has been President of Golden Vertex Corp since September 30, 2016. He served as the Chief Executive Officer and President of Northern Vertex Mining Corp until June 30, 2012. He served as a Corporate Secretary of Northern Vertex Mining Corp. until December 12, 2011. He served as the Chief Financial Officer of Northern Vertex Capital Inc. until May 2010. He served as a Corporate Secretary of Kootenay Gold, Inc. He served as the President of Kootenay Gold, Inc. Mr. Berry served as an Investment Adviser, Advertising Executive and Managing Director of Corporate Communications for Public Companies. He served as an Investment Adviser of Yorkton Securities Inc. He serves as the Chairman of Northern Vertex Mining Corp and has been its Director since June 7, 2007. He serves as the Chairman of Kootenay Silver Inc (Alternate Name-Kootenay Gold Inc.,) and has been its Director since November 27, 2002. He has been a Director of Theia Resources Ltd. since January 9, 2007 and Northern Vertex Capital Inc. since June 7, 2007. Mr. Berry also played for the Canadian Olympic Hockey Team, participating in the 1980 and 1988 Winter Olympics and played professional hockey for thirteen years in North America and Europe.

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

Average tenure of the Northern Vertex Mining management team in years:

2.6
Average Tenure
  • The tenure for the Northern Vertex Mining management team is about average.
Management Team

Ken Berry

TITLE
President
COMPENSATION
$278K
AGE
57
TENURE
2.6 yrs

Chris Park

TITLE
CFO & Corporate Secretary
COMPENSATION
$149K
TENURE
2.6 yrs

Joe Bardswich

TITLE
Director
COMPENSATION
$146K
AGE
73

Bill Martinich

TITLE
General Manager of Moss Mine
COMPENSATION
$540K
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Northern Vertex Mining board of directors in years:

6.3
Average Tenure
57
Average Age
  • The tenure for the Northern Vertex Mining board of directors is about average.
Board of Directors

Ken Berry

TITLE
President
COMPENSATION
$278K
AGE
57
TENURE
6.4 yrs

Joe Bardswich

TITLE
Director
COMPENSATION
$146K
AGE
73
TENURE
8.9 yrs

David Farrell

TITLE
Independent Director
COMPENSATION
$63K
AGE
49
TENURE
7.3 yrs

Jim McDonald

TITLE
Director
COMPENSATION
$30K
AGE
57
TENURE
6.3 yrs

Mike Haworth

TITLE
Director
AGE
52
TENURE
1.8 yrs

Mark Sawyer

TITLE
Director
AGE
49
TENURE
0.3 yrs

Geoff Burns

TITLE
Director
AGE
58
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Northern Vertex Mining insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Mar 19 Buy James McDonald Individual 08. Mar 19 08. Mar 19 20,000 CA$0.22 CA$4,300
08. Mar 19 Buy Kenneth Berry Individual 07. Mar 19 07. Mar 19 33,500 CA$0.23 CA$7,070
01. Mar 19 Buy Kenneth Berry Individual 28. Feb 19 01. Mar 19 21,000 CA$0.24 CA$4,919
28. Feb 19 Buy Kenneth Berry Individual 28. Feb 19 28. Feb 19 5,000 CA$0.24 CA$1,200
14. Dec 18 Buy Greenstone Capital LLP Company 12. Dec 18 12. Dec 18 25,085,625 CA$0.24 CA$6,020,540
06. Dec 18 Buy Gordon Ulrich Individual 30. Nov 18 30. Nov 18 93 CA$0.27 CA$25
05. Dec 18 Buy Christopher Park Individual 30. Nov 18 30. Nov 18 93 CA$0.27 CA$25
14. Jul 18 Buy James McDonald Individual 11. Jul 18 11. Jul 18 2,000 CA$0.39 CA$783
06. Jul 18 Buy Kenneth Berry Individual 03. Jul 18 04. Jul 18 4,000 CA$0.42 CA$1,629
07. Jun 18 Buy Davisa Consulting Corp Company 07. Jun 18 07. Jun 18 120,229 CA$0.42 CA$50,496
07. Jun 18 Sell David Farrell Individual 07. Jun 18 07. Jun 18 -120,229 CA$0.42 CA$-50,496
14. May 18 Buy Kenneth Berry Individual 03. May 18 14. May 18 29,500 CA$0.47 CA$13,245
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Management checks
We assess Northern Vertex Mining'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. Northern Vertex Mining 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.

NEE News

Simply Wall St News

Should You Be Concerned About Northern Vertex Mining Corp's (CVE:NEE) Investors?

In this analysis, my focus will be on developing a perspective on Northern Vertex Mining Corp’s (CVE:NEE) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Check out our latest analysis for Northern Vertex Mining

Simply Wall St -

Northern Vertex Mining Corp (CVE:NEE): What Does It Mean For Your Portfolio?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I examine NEE’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

Simply Wall St -

Breaking Down Northern Vertex Mining Corp's (CVE:NEE) Ownership Structure

In this article, I'm going to take a look at Northern Vertex Mining Corp’s (TSXV:NEE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

Northern Vertex Mining Corp (CVE:NEE): Time For A Financial Health Check

How does NEE’s operating cash flow stack up against its debt? … Looking at NEE’s most recent CA$4.43M liabilities, it seems that the business has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 5.7x. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: At its current level of cash flow coverage, NEE has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

NEE Company Info

Description

Northern Vertex Mining Corp. acquires, explores for, develops, and operates mineral properties in the United States and Canada. Its flagship project is the Moss mine gold-silver deposit covering a total area of 4,030.8 hectares 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 headquartered in Vancouver, Canada.

Details
Name: Northern Vertex Mining Corp.
NEE
Exchange: TSXV
Founded: 2007
CA$44,057,960
244,766,446
Website: http://www.northernvertex.com
Address: Northern Vertex Mining Corp.
1055 West Hastings Street,
Suite 1820,
Vancouver,
British Columbia, V6E 2E9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NEE Common Shares TSX Venture Exchange CA CAD 10. Apr 2008
OTCPK NHVC.F Common Shares Pink Sheets LLC US USD 10. Apr 2008
DB 54N Common Shares Deutsche Boerse AG DE EUR 10. Apr 2008
Number of employees
Current staff
Staff numbers
0
Northern Vertex Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 00:14
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.