Northern Graphite Corporation explores for and develops mineral properties in Canada.
Flawless balance sheet and overvalued.
Share Price & News
How has Northern Graphite's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NGC has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: NGC exceeded the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: NGC exceeded the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Northern Graphite's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWill Northern Graphite (CVE:NGC) Spend Its Cash Wisely?
3 months ago | Simply Wall StWe Think Northern Graphite (CVE:NGC) Needs To Drive Business Growth Carefully
7 months ago | Simply Wall StDid Changing Sentiment Drive Northern Graphite's (CVE:NGC) Share Price Down A Painful 83%?
Is Northern Graphite 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 NGC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NGC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NGC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: NGC 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 NGC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NGC is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.6x).
How is Northern Graphite 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 Graphite 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.
- Examine Northern Graphite'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.
- Northern Graphite 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 Graphite performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NGC is currently unprofitable.
Growing Profit Margin: NGC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NGC is unprofitable, but has reduced losses over the past 5 years at a rate of 5.8% per year.
Accelerating Growth: Unable to compare NGC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NGC 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: NGC has a negative Return on Equity (-4.35%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Northern Graphite's financial position?
Financial Position Analysis
Short Term Liabilities: NGC's short term assets (CA$1.6M) exceed its short term liabilities (CA$130.2K).
Long Term Liabilities: NGC's short term assets (CA$1.6M) exceed its long term liabilities (CA$340.1K).
Debt to Equity History and Analysis
Debt Level: NGC is debt free.
Reducing Debt: NGC has not had any debt for past 5 years.
Inventory Level: NGC has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NGC'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: NGC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NGC has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 22.1% each year.
What is Northern Graphite's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NGC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NGC'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 NGC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NGC'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 NGC'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
Gregory Bowes (64yo)
Mr. Gregory Borden Bowes, also known as Greg, Hons. B.Sc. (Geology), MBA, P.Geo has been the Chief Executive Officer of Northern Graphite Corporation since May 1, 2009 and served as its Chief Financial Off ...
CEO Compensation Analysis
Compensation vs Market: Gregory's total compensation ($USD214.32K) is above average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: Gregory's compensation has increased whilst the company is unprofitable.
|CEO & Director||10.8yrs||CA$283.20k||2.8% CA$428.4k|
|Independent Director||9.4yrs||CA$48.20k||0.42% CA$63.8k|
|Independent Director||1.7yrs||CA$7.50k||0.77% CA$117.5k|
|Independent Director||9.5yrs||CA$48.20k||0.32% CA$49.4k|
|Independent Director||9.4yrs||CA$48.20k||0.092% CA$14.1k|
Experienced Board: NGC's board of directors are considered experienced (9.4 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 not been meaningfully diluted in the past year.
Northern Graphite Corporation's company bio, employee growth, exchange listings and data sources
- Name: Northern Graphite Corporation
- Ticker: NGC
- Exchange: TSXV
- Founded: 2002
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$15.301m
- Shares outstanding: 65.11m
- Website: https://northerngraphite.com
- Northern Graphite Corporation
- 290 Picton Avenue
- Suite 201
- K1Z 8P8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NGC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 2011|
|0NG||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2011|
|NGPH.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2011|
Northern Graphite Corporation explores for and develops mineral properties in Canada. Its principal asset is the Bissett Creek graphite project located in southern Canada. The company was formerly known as Industrial Minerals Canada Inc. and changed its name to Northern Graphite Corporation in March 2010. Northern Graphite Corporation was incorporated in 2002 and is headquartered in Ottawa, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:03|
|End of Day Share Price||2020/02/24 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.