TSXV:NEE

Stock Analysis Report

Northern Vertex Mining

Executive Summary

Northern Vertex Mining Corp. acquires, explores for, and develops mineral properties in the United States and Canada.


Snowflake Analysis

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.


Market Performance


7 Day Return

-2.1%

NEE

1.3%

CA Metals and Mining

0.3%

CA Market


1 Year Return

-4.1%

NEE

3.3%

CA Metals and Mining

5.5%

CA Market

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.


Shareholder returns

NEEIndustryMarket
7 Day-2.1%1.3%0.3%
30 Day-13.0%1.2%0.5%
90 Day-4.1%5.9%3.5%
1 Year-4.1%-4.1%3.9%3.3%8.8%5.5%
3 Year-55.7%-55.7%-12.5%-13.9%14.8%4.5%
5 Year80.8%80.8%23.7%20.0%34.1%14.5%

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

Valuation

Is Northern Vertex Mining undervalued compared to its fair value and its price relative to the market?

1.12x

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).


Next Steps

Future Growth

How is Northern Vertex Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

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.


Next Steps

Past Performance

How has Northern Vertex Mining performed over the past 5 years?

-57.0%

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


Next Steps

Financial Health

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.


Balance Sheet

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


Next Steps

Dividend

What is Northern Vertex Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

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.


Next Steps

Management

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

7.2yrs

Average board tenure


CEO

Ken Berry (58yo)

3.4yrs

Tenure

US$775,280

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Kenneth Berry
Chairman3.4yrsUS$775.28k1.21% $705.1k
L. Bardswich
Director9.8yrsUS$258.55k0.20% $118.3k
Geoffrey Burns
Independent Director1.1yrsUS$139.82k0.13% $73.1k
James McDonald
Independent Director7.2yrsUS$145.82k1.76% $1.0m
David Farrell
Director8.2yrsUS$382.32k0.31% $179.3k
Michael Haworth
Director2.7yrsUS$139.82kno data
Ivan Fairhall
Director0.2yrsno datano data

7.2yrs

Average Tenure

58yo

Average Age

Experienced Board: NEE's board of directors are considered experienced (7.2 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.7%.


Top Shareholders

Company Information

Northern Vertex Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Northern Vertex Mining Corp.
  • 1075 West Georgia Street
  • Suite 1650
  • Vancouver
  • British Columbia
  • V6E 3C9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEETSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2008
NHVC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2008
54NDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2008

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 00:24
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


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.