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.
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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Northern Shield Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Northern Shield Resources
expected to grow at an
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.
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.
Northern Shield Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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:
The average tenure for the Northern Shield Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
Northern Shield Resources
board of directors in years:
The tenure for the Northern Shield Resources board of directors is about average.
Board of Directors
Chairman of the Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Northern Shield Resources insiders in the past 3 months.
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.
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.
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.
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