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Northern Shield Resources

TSXV:NRN
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NRN
TSXV
CA$12M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Ontario and Quebec. The last earnings update was 110 days ago. More info.


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  • Northern Shield Resources has significant price volatility in the past 3 months.
NRN Share Price and Events
7 Day Returns
-26.7%
TSXV:NRN
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
120%
TSXV:NRN
-5.9%
CA Metals and Mining
0.7%
CA Market
NRN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Northern Shield Resources (NRN) -26.7% 37.5% 0% 120% 120% 22.2%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • NRN outperformed the Metals and Mining industry which returned -5.9% over the past year.
  • NRN outperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
NRN
Industry
5yr Volatility vs Market

Value

 Is Northern Shield Resources 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 Shield Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.055.
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 Shield Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Northern Shield Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NRN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:NRN Share Price ** TSXV (2019-03-20) in CAD CA$0.06
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Northern Shield Resources.

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

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

= 0.06 ÷ -0.01

-10.39x

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

  • Northern Shield Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Northern Shield Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Northern Shield Resources's expected growth come at a high price?
Raw Data
TSXV:NRN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.39x
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 253 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 Shield Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Northern Shield Resources's assets?
Raw Data
TSXV:NRN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.01
TSXV:NRN Share Price * TSXV (2019-03-20) in CAD CA$0.06
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:NRN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ 0.01

6.03x

* Primary Listing of Northern Shield Resources.

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

  • Northern Shield Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Northern Shield Resources'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 Shield Resources has a total score of 0/6, 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.

Future Performance

 How is Northern Shield Resources 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 Shield Resources 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 Northern Shield Resources expected to grow at an attractive rate?
  • Unable to compare Northern Shield Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Northern Shield Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Northern Shield Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:NRN 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 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:NRN 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:NRN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -2 -1
2017-06-30 -1 -1
2017-03-31 -1 -2
2016-12-31 -1 -2
2016-09-30 -1 -4
2016-06-30 -1 -4
2016-03-31 0 -4
2015-12-31 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Northern Shield Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Northern Shield Resources 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:NRN 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 Northern Shield Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NRN Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.03
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 Northern Shield Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Northern Shield Resources'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.
  2. Northern Shield Resources'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 Shield Resources'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 Northern Shield Resources'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 Shield Resources 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.

Past Performance

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

TSXV:NRN 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 -1.09 0.97
2018-06-30 -1.15 0.92
2018-03-31 -1.11 1.19
2017-12-31 -1.01 1.14
2017-09-30 -1.10 1.32
2017-06-30 -1.09 1.43
2017-03-31 -1.64 1.97
2016-12-31 -1.63 1.90
2016-09-30 -4.49 1.70
2016-06-30 -4.43 1.59
2016-03-31 -3.59 0.75
2015-12-31 -3.64 0.81
2015-09-30 -3.13 0.90
2015-06-30 -3.48 0.80
2015-03-31 -4.47 1.03
2014-12-31 -4.50 1.05
2014-09-30 -5.02 0.82
2014-06-30 -4.95 1.09
2014-03-31 -4.12 1.03
2013-12-31 -4.30 1.20
2013-09-30 -1.58 1.52
2013-06-30 -1.49 1.42
2013-03-31 -1.56 1.50
2012-12-31 -1.64 1.56
2012-09-30 -1.90 1.62
2012-06-30 -1.87 1.56
2012-03-31 -1.73 1.44

*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 Shield Resources 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 Shield Resources 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 Shield Resources 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 Northern Shield Resources'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 Shield Resources 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.

Health

 How is Northern Shield Resources'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 Shield Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Northern Shield Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Northern Shield Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Northern Shield Resources'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.
  • Northern Shield Resources has no debt, it does not need to be covered by short term assets.
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 Shield Resources Company Filings, last reported 5 months ago.

TSXV:NRN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1.87 0.00 0.33
2018-06-30 1.93 0.00 0.55
2018-03-31 2.44 0.00 0.91
2017-12-31 2.73 0.00 1.10
2017-09-30 2.95 0.00 0.67
2017-06-30 3.07 0.00 1.35
2017-03-31 3.27 0.00 1.53
2016-12-31 3.47 0.00 2.41
2016-09-30 2.87 0.00 2.70
2016-06-30 1.60 0.00 0.34
2016-03-31 0.11 0.00 0.06
2015-12-31 0.30 0.00 0.13
2015-09-30 3.56 0.00 0.38
2015-06-30 3.33 0.00 0.20
2015-03-31 3.52 0.00 0.44
2014-12-31 3.76 0.00 0.71
2014-09-30 6.41 0.00 0.54
2014-06-30 7.44 0.00 1.27
2014-03-31 7.99 0.00 0.48
2013-12-31 8.24 0.00 0.35
2013-09-30 11.42 0.00 0.48
2013-06-30 11.71 0.00 2.27
2013-03-31 9.46 0.00 0.38
2012-12-31 9.85 0.00 0.92
2012-09-30 9.02 0.00 0.45
2012-06-30 9.16 0.00 1.25
2012-03-31 9.34 0.00 1.55
  • Northern Shield Resources has no debt.
  • Northern Shield Resources has not taken on any debt in the past 5 years.
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 Shield Resources has less than a year of cash runway based on current free cash flow.
  • Northern Shield Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.2% each year.
X
Financial health checks
We assess Northern Shield Resources'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 Shield Resources has a total score of 4/6, 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.

Dividends

 What is Northern Shield Resources'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 Shield Resources dividends.
If you bought CA$2,000 of Northern Shield Resources 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 Shield Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Northern Shield Resources'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:NRN 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%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

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 Shield Resources has not reported any payouts.
  • Unable to verify if Northern Shield Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Northern Shield Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Northern Shield Resources 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 Northern Shield Resources'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 Northern Shield Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Northern Shield Resources 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.

Management

 What is the CEO of Northern Shield Resources'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
Ian Bliss
COMPENSATION CA$215,797
TENURE AS CEO 15.8 years
CEO Bio

Mr. Ian C. Bliss has been the Chief Executive Officer and President of Northern Shield Resources Inc. since May 30, 2003. Mr. Bliss has over 20 years experience in the mineral exploration industry having studied geology at the University of New Brunswick. From 1995 to 2000, Mr. Bliss served as an Independent Consulting Geologist, responsible for exploration projects for NunaMinerals A/S, formerly Nunaoil A/S in Nuuk, Greenland and in 2000, for Crew Development Corporation. Mr. Bliss is known for its ability to generate high quality projects in some of the most remote and rugged. Mr. Bliss served as the Chairman of the Board at Northern Shield Resources Inc, since 1999 and has been its Director since December 1999. He served as an Independent Director of Nouveau Monde Mining Enterprises Inc. since September 2013 until February 06, 2017.

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

Average tenure of the Northern Shield Resources management team in years:

13.1
Average Tenure
  • The average tenure for the Northern Shield Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ian Bliss

TITLE
President
COMPENSATION
CA$216K
TENURE
15.8 yrs

Sam Legg

TITLE
Chief Financial Officer
COMPENSATION
CA$80K
TENURE
13.1 yrs

Christine Vaillancourt

TITLE
Chief Geologist

James O'Sullivan

TITLE
Company Secretary
TENURE
7.1 yrs

Jacques Babineau

TITLE
Consultant

Wolfgang Maier

TITLE
Consultant

John Pedersen

TITLE
Technical Advisor
COMPENSATION
CA$27K

Ron Little

TITLE
AGE
55

Peter Walker

TITLE
AGE
66
Board of Directors Tenure

Average tenure of the Northern Shield Resources board of directors in years:

6.2
Average Tenure
  • The tenure for the Northern Shield Resources board of directors is about average.
Board of Directors

Russ Richards

TITLE
Chairman of the Board
TENURE
1.8 yrs

Ian Bliss

TITLE
President
COMPENSATION
CA$216K
TENURE
20.2 yrs

Marcus Archer

TITLE
Director
TENURE
7.1 yrs

Laurence Jobin-Bevans

TITLE
Director
AGE
51
TENURE
6.2 yrs

Frank Santaguida

TITLE
Director
AGE
50
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Northern Shield Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
06. Mar 19 Buy Russell Richards Individual 04. Mar 19 04. Mar 19 1,333,333 CA$0.06 CA$73,334
21. Feb 19 Buy Russell Richards Individual 20. Feb 19 21. Feb 19 1,175,000 CA$0.06 CA$58,687
05. Oct 18 Buy Russell Richards Individual 03. Oct 18 05. Oct 18 1,936,112 CA$0.04 CA$60,495
02. Oct 18 Buy Russell Richards Individual 26. Sep 18 28. Sep 18 1,915,888 CA$0.04 CA$60,619
01. Oct 18 Buy Russell Richards Individual 28. Sep 18 28. Sep 18 148,000 CA$0.03 CA$4,440
14. Jul 18 Buy Russell Richards Individual 10. Jul 18 13. Jul 18 645,000 CA$0.04 CA$21,985
09. Jul 18 Buy Russell Richards Individual 05. Jul 18 09. Jul 18 204,000 CA$0.03 CA$6,116
05. Jul 18 Buy Russell Richards Individual 04. Jul 18 04. Jul 18 106,000 CA$0.03 CA$3,180
04. Jul 18 Buy Russell Richards Individual 28. Jun 18 03. Jul 18 1,536,667 CA$0.03 CA$45,695
13. Jun 18 Buy Russell Richards Individual 13. Jun 18 13. Jun 18 858,333 CA$0.03 CA$25,750
X
Management checks
We assess Northern Shield Resources'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 Shield Resources 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.

News

Simply Wall St News

How Does Investing In Northern Shield Resources Inc (CVE:NRN) Impact The Volatility Of Your Portfolio?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Does Northern Shield Resources Inc (CVE:NRN) Fall With The Market?

For Northern Shield Resources Inc’s (CVE:NRN) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of NRN. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

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Company Info

Description

Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Ontario and Quebec. The company primarily explores for platinum group elements, copper, nickel, zinc, and silver. It holds 100% interests in the Huckleberry property comprising 179 claims located to the north of Schefferville; Séquoi property consisting of 107 claims; Sé2 property covering 291 claims situated to the southeast of Séquoi; Idefix property comprising 241 claims with an area of 109 square kilometers; and 2 gold projects located in the Gaspesie region of Quebec. The company also has an option agreement to acquire interest in Shot Rock property comprising 1,182 mining claims covering an area of 185 square kilometers located along with the Trans-Canada highway between New Glasgow and Antigonish. Northern Shield Resources Inc. was founded in 1999 and is headquartered in Ottawa, Canada.

Details
Name: Northern Shield Resources Inc.
NRN
Exchange: TSXV
Founded: 1999
CA$11,689,708
212,540,157
Website: http://www.northern-shield.com
Address: Northern Shield Resources Inc.
55 Metcalfe Street,
Suite 440,
Ottawa,
Ontario, K1P 6L5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NRN Common Shares TSX Venture Exchange CA CAD 24. Jun 2003
OTCPK NSHR.F Common Shares Pink Sheets LLC US USD 24. Jun 2003
DB N9S Common Shares Deutsche Boerse AG DE EUR 24. Jun 2003
Number of employees
Current staff
Staff numbers
0
Northern Shield Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:51
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/30
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.