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NIOCAN

TSXV:NIO
Snowflake Description

Overvalued with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NIO
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Niocan Inc., a development stage company, engages in the exploration and development of mineral properties in the Province of Quebec, Canada. The last earnings update was 112 days ago. More info.


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  • NIOCAN has significant price volatility in the past 3 months.
NIO Share Price and Events
7 Day Returns
-17.1%
TSXV:NIO
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
161.5%
TSXV:NIO
-7%
CA Metals and Mining
1.2%
CA Market
NIO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NIOCAN (NIO) -17.1% -5.6% 41.7% 161.5% 21.4% 21.4%
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • NIO outperformed the Metals and Mining industry which returned -7% over the past year.
  • NIO outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
NIO
Industry
5yr Volatility vs Market

NIO Value

 Is NIOCAN 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 NIOCAN. This is due to cash flow or dividend data being unavailable. The share price is CA$0.17.
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 NIOCAN's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NIOCAN's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NIO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.02
TSXV:NIO Share Price ** TSXV (2019-03-13) in CAD CA$0.17
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

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

** Primary Listing of NIOCAN.

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

= TSXV:NIO Share Price ÷ EPS (both in CAD)

= 0.17 ÷ -0.02

-8.82x

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

  • NIOCAN is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • NIOCAN is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does NIOCAN's expected growth come at a high price?
Raw Data
TSXV:NIO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.82x
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 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*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 NIOCAN, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NIOCAN's assets?
Raw Data
TSXV:NIO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.14
TSXV:NIO Share Price * TSXV (2019-03-13) in CAD CA$0.17
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:NIO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:NIO Share Price ÷ Book Value per Share (both in CAD)

= 0.17 ÷ 0.14

1.2x

* Primary Listing of NIOCAN.

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

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

NIO Future Performance

 How is NIOCAN 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 NIOCAN 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NIOCAN expected to grow at an attractive rate?
  • Unable to compare NIOCAN's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare NIOCAN's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare NIOCAN's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:NIO Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:NIO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:NIO Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 0 -1
2018-06-30 0 0 0
2018-03-31 0 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 -1
2016-12-31 0 0 -1
2016-09-30 0 0 -1
2016-06-30 0 0 -1
2016-03-31 0 0 -1
2015-12-31 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if NIOCAN is high growth as no earnings estimate data is available.
  • Unable to determine if NIOCAN 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:NIO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from NIOCAN Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NIO Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.03
2016-03-31 -0.02
2015-12-31 -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 NIOCAN will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of NIO’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. NIOCAN'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. NIOCAN'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
X
Future performance checks
We assess NIOCAN'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.
NIOCAN 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.

NIO Past Performance

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

TSXV:NIO Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 0.01 -0.50 0.21
2018-06-30 0.01 -0.46 0.17
2018-03-31 0.01 -0.46 0.16
2017-12-31 0.01 -0.45 0.16
2017-09-30 0.01 -0.47 0.03
2017-06-30 0.01 -0.48 0.08
2017-03-31 0.01 -0.63 0.33
2016-12-31 0.01 -0.63 0.36
2016-09-30 0.01 -0.60 0.48
2016-06-30 0.01 -0.65 0.52
2016-03-31 0.01 -0.53 0.36
2015-12-31 0.01 -0.54 0.38
2015-09-30 0.01 -1.29 0.42
2015-06-30 0.01 -1.31 0.45
2015-03-31 0.01 -1.29 0.45
2014-12-31 0.01 -1.29 0.45
2014-09-30 0.01 -0.69 0.52
2014-06-30 0.01 -0.67 0.50
2014-03-31 0.01 -0.69 0.53
2013-12-31 0.01 -0.90 0.62
2013-09-30 0.01 -1.06 0.56
2013-06-30 0.01 -1.33 0.55
2013-03-31 0.01 -1.46 0.52
2012-12-31 0.01 -1.53 0.43
2012-09-30 0.01 -1.16 0.43
2012-06-30 0.01 -1.24 0.95
2012-03-31 0.01 -1.25 0.91

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

NIO Health

 How is NIOCAN'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 NIOCAN's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NIOCAN's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • NIOCAN's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of NIOCAN'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 not covered by short term assets, assets are 0.1x 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 NIOCAN Company Filings, last reported 5 months ago.

TSXV:NIO Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 3.69 2.12 0.09
2018-06-30 3.81 1.97 0.04
2018-03-31 3.94 1.97 0.08
2017-12-31 4.08 1.97 0.14
2017-09-30 4.19 1.97 0.18
2017-06-30 4.27 1.65 0.05
2017-03-31 4.40 1.65 0.09
2016-12-31 4.53 1.65 0.16
2016-09-30 4.66 1.65 0.25
2016-06-30 4.75 1.35 0.10
2016-03-31 5.03 1.20 0.10
2015-12-31 5.16 1.20 0.15
2015-09-30 5.26 1.20 0.29
2015-06-30 5.10 1.19 0.09
2015-03-31 5.26 1.17 0.22
2014-12-31 5.40 1.16 0.36
2014-09-30 6.25 1.14 0.51
2014-06-30 6.41 1.12 0.51
2014-03-31 6.55 1.11 0.68
2013-12-31 6.70 1.10 0.84
2013-09-30 6.90 1.08 0.99
2013-06-30 7.04 1.07 1.00
2013-03-31 7.20 1.06 1.20
2012-12-31 5.15 2.24 0.70
2012-09-30 5.55 2.03 1.18
2012-06-30 4.93 2.74 1.34
2012-03-31 5.22 2.36 1.59
  • NIOCAN's level of debt (57.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (15.7% vs 57.4% 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.

  • NIOCAN has less than a year of cash runway based on current free cash flow.
  • NIOCAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -25.5% each year.
X
Financial health checks
We assess NIOCAN'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. NIOCAN has a total score of 0/6, 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.

NIO Dividends

 What is NIOCAN'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 NIOCAN dividends.
If you bought CA$2,000 of NIOCAN 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 NIOCAN's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NIOCAN'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:NIO 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 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

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 NIOCAN has not reported any payouts.
  • Unable to verify if NIOCAN's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NIOCAN's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NIOCAN 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.
X
Income/ dividend checks
We assess NIOCAN's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 NIOCAN afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NIOCAN 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.

NIO Management

 What is the CEO of NIOCAN'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
Hubert Marleau
COMPENSATION CA$0
AGE 74
TENURE AS CEO 8.2 years
CEO Bio

Mr. Hubert R. Marleau is the Economist and Co-Founder of Palos Management. Mr. Marleau is President, Founder and Director of Palos Capital Corporation. He is the Economist of Palos Capital Corporation. He has worked at the senior executive level of several large investment banks notably, Nesbitt Thomson Inc., Levesque Beaubien Inc. and Marleau, Lemire Inc. With over 40 years of experience in the investment and financial community, Mr. Marleau is a leading figure in Canada’s financial commnity. He was the president and chairman of Palos Management Inc. Mr. Marleau has been a governor of the Toronto Stock Exchange, the Montreal Stock Exchange and the Vancouver Stock Exchange and has been a director of the Investment Dealer Association of Canada. In January 2011, he became Interim Chairman and Chief Executive Officer of Niocan Inc. and since October 2012, he has been Chairman and Chief Executive Officer of the Corporation. He serves as Chairman of Notre-Dame Capital Inc. He serves as a Director at Fraser Institute, Woulfe Mining Corp., Cycomm International, Inc., CFS Group Inc. He has been a Director of Cliffs Chromite Far North Inc. since May 19, 2010. Mr. Marleau is a Director of the following publicly traded companies: GobiMin Inc. since 2005 and Dundee Sustainable Technologies Inc., since April 2014. Mr. Marleau is or has been a board member of over 50 publicly traded companies. Before founding Palos in 2000, he was chief economist and director of research, then Senior Vice President, at Nesbitt Thomson (Nesbitt Burns-Bank of Montreal), Senior Executive Vice President for Levesque Beaubien (National Bank Financial) in charge of the money market, bond, research, derivative, equity and development departments. He was also President and Chief Executive Officer of Marleau Lemire, a publicly-listed investment banking firm. He served as Director of A & E Capital Funding Inc. He is the Director of A.I.S Resources Limited since June 2009, Huntington Exploration Inc., since July 2004 and Niocan Inc., since June 1999. He served as a Director of Big Lots Canada, Inc. since 1999. He has been Chairman of the Board at The Delma Group Inc since November 2018. He served as a Director of Sharpe Resources Corp. He served as an Independent Director at Uni-Select Inc. until 2014. He served as Director of Fountain Asset Corp. since 2002. He has raised funds privately and publicly for hundreds of emerging and mature companies, structured numerous mergers and acquisitions and driven numerous financial transactions in Canada. Mr. Marleau serves as an Independent Director at The Delma Group Inc. Mr. Marleau graduated from the University of Ottawa with an Honours Bachelor of Science in Economics.

CEO Compensation
  • Hubert's compensation has been consistent with company performance over the past year.
  • Hubert's remuneration is lower than average for companies of similar size in Canada.
Management Team

Hubert Marleau

TITLE
Chairman
AGE
74
TENURE
8.2 yrs
Board of Directors Tenure

Average tenure and age of the NIOCAN board of directors in years:

7
Average Tenure
66
Average Age
  • The tenure for the NIOCAN board of directors is about average.
Board of Directors

Hubert Marleau

TITLE
Chairman
AGE
74
TENURE
8.2 yrs

Remo Mancini

TITLE
Director
COMPENSATION
CA$10K
AGE
66
TENURE
12.2 yrs

Mark Wallace

TITLE
Director
AGE
50
TENURE
7.6 yrs

Joel Bell

TITLE
Director
COMPENSATION
CA$10K
AGE
77
TENURE
6.4 yrs

Guy Arbour

TITLE
Director
COMPENSATION
CA$10K
TENURE
4.2 yrs

Guy Charette

TITLE
Director
AGE
64
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess NIOCAN'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. NIOCAN 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.

NIO News

Simply Wall St News

Does The NIOCAN Inc. (CVE:NIO) Share Price Fall With The Market?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … The first thing to understand about beta is that the beta of the overall market is one.

Simply Wall St -

How Financially Strong Is NIOCAN Inc. (CVE:NIO)?

(CVE:NIO) is a small-cap stock with a market capitalization of CA$4.8m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

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Is NIOCAN Inc's (CVE:NIO) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as NIOCAN Inc (CVE:NIO) with its market cap of CA$1.69m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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NIOCAN Inc (CVE:NIO): Time For A Financial Health Check

With this growth in debt, the current cash and short-term investment levels stands at CA$142.09K for investing into the business. … Moving onto cash from operations, its trivial cash flows from operations make the cash-to-debt ratio less useful to us, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: NIO’s debt and cash flow levels indicate room for improvement.

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Was NIOCAN Inc's (CVE:NIO) Earnings Growth Better Than The Industry's?

Today I will examine NIOCAN Inc's (TSXV:NIO) latest earnings update (30 September 2017) and compare these figures against its performance over the past couple of years, in addition to how the rest of NIO's industry performed. … Check out our latest analysis for NIOCAN Commentary On NIO's Past Performance I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Each year, for the past half a decade NIOCAN has seen an annual decline in revenue of -9.33%, on average.

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Why NIOCAN Inc's (CVE:NIO) CEO Pay Check Matters To You

Check out our latest analysis for NIOCAN What has NIO's performance been like? … Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Usually I'd use market cap and profit as factors determining performance, however, NIO's negative earnings lower the effectiveness of this method.

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Should You Be Concerned About NIOCAN Inc's (CVE:NIO) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Check out our latest analysis for NIOCAN An interpretation of NIO's beta With a beta of 2.08, NIOCAN is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of CA$2.08M, NIO falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

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Are NIOCAN Inc's (CVE:NIO) Interest Costs Too High?

With this increase in debt, the current cash and short-term investment levels stands at CA$0.2M for investing into the business. … However, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … NIO’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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Does NIOCAN Inc's (CVE:NIO) 21.9% Earnings Growth Make It An Outperformer?

See our latest analysis for NIOCAN Were NIO's earnings stronger than its past performances and the industry? … I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … NIOCAN's latest earnings -CA$0.5M, which compared to the previous year's figure, has become less negative.

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NIO Company Info

Description

Niocan Inc., a development stage company, engages in the exploration and development of mineral properties in the Province of Quebec, Canada. It focuses on financing, developing, and obtaining permits for its 100%-owned Oka Niobium project with 1 mining lease and 49 claims covering 2,291 acres. It also holds interests in the Great Whale Iron property with 528 claims covering approximately 61,733 acres located on the Hudson Bay territory. The company was founded in 1995 and is headquartered in Montreal, Canada.

Details
Name: NIOCAN Inc.
NIO
Exchange: TSXV
Founded: 1995
CA$4,416,577
25,979,868
Website: http://www.niocan.com
Address: NIOCAN Inc.
1 Place Ville Marie,
Suite 1670,
Montreal,
Quebec, H3B 2B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NIO Common Shares TSX Venture Exchange CA CAD 21. Oct 1999
OTCPK NIOC.F Common Shares Pink Sheets LLC US USD 21. Oct 1999
Number of employees
Current staff
Staff numbers
0
NIOCAN employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:40
End of day share price update: 2019/03/13 00:00
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.