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92 Resources

TSXV:NTY
Snowflake Description

Adequate balance sheet and overvalued.

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

92 Resources Corp., an energy solution company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The last earnings update was 21 days ago. More info.


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  • 92 Resources has significant price volatility in the past 3 months.
NTY Share Price and Events
7 Day Returns
14.3%
TSXV:NTY
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-52.9%
TSXV:NTY
-5.9%
CA Metals and Mining
0.7%
CA Market
NTY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
92 Resources (NTY) 14.3% 14.3% 33.3% -52.9% -11.1% -60%
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
  • NTY underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • NTY underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
NTY
Industry
5yr Volatility vs Market

NTY Value

 Is 92 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 92 Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
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 92 Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 92 Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NTY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:NTY Share Price ** TSXV (2019-03-20) in CAD CA$0.04
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 92 Resources.

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

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

= 0.04 ÷ -0.01

-2.86x

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

  • 92 Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • 92 Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does 92 Resources's expected growth come at a high price?
Raw Data
TSXV:NTY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.86x
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 92 Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on 92 Resources's assets?
Raw Data
TSXV:NTY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.03
TSXV:NTY Share Price * TSXV (2019-03-20) in CAD CA$0.04
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:NTY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.03

1.22x

* Primary Listing of 92 Resources.

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

  • 92 Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess 92 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. 92 Resources 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.

NTY Future Performance

 How is 92 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 92 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 92 Resources expected to grow at an attractive rate?
  • Unable to compare 92 Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare 92 Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare 92 Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:NTY 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:NTY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:NTY Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 0 -1
2016-06-30 0 -1
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if 92 Resources is high growth as no earnings estimate data is available.
  • Unable to determine if 92 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:NTY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from 92 Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NTY Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.01
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 -0.03
2016-06-30 -0.02
2016-03-31 -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 92 Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine 92 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. 92 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. 92 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
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Future performance checks
We assess 92 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.
92 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.

NTY Past Performance

  How has 92 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 92 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.
  • 92 Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare 92 Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare 92 Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
92 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 92 Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NTY Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.99 0.95
2018-09-30 -1.09 1.06
2018-06-30 -0.96 0.94
2018-03-31 -0.96 0.92
2017-12-31 -1.08 0.95
2017-09-30 -0.97 0.85
2017-06-30 -0.95 0.81
2017-03-31 -0.96 0.85
2016-12-31 -0.70 0.66
2016-09-30 -0.68 0.64
2016-06-30 -0.59 0.57
2016-03-31 -0.46 0.44
2015-12-31 -0.44 0.41
2015-09-30 -0.36 0.36
2015-06-30 -0.42 0.41
2015-03-31 -0.40 0.39
2014-12-31 -0.34 0.44
2014-09-30 -0.43 0.38
2014-06-30 -0.39 0.32
2014-03-31 -0.42 0.36
2013-12-31 -0.65 0.28
2013-09-30 -0.58 0.33
2013-06-30 -0.73 0.56
2013-03-31 -0.93 0.67
2012-12-31 -1.70 0.87
2012-09-30 -1.69 0.85
2012-06-30 -1.58 0.65
2012-03-31 -1.51 0.65

*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 92 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 92 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 92 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 92 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.
92 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.

NTY Health

 How is 92 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 92 Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 92 Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • 92 Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 92 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.
  • 92 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 92 Resources Company Filings, last reported 2 months ago.

TSXV:NTY Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.89 0.00 0.85
2018-09-30 2.75 0.00 0.36
2018-06-30 2.78 0.05 0.70
2018-03-31 3.02 0.00 1.36
2017-12-31 2.10 0.00 0.51
2017-09-30 2.08 0.00 0.54
2017-06-30 2.10 0.00 0.76
2017-03-31 2.03 0.00 0.96
2016-12-31 1.51 0.00 0.51
2016-09-30 1.67 0.00 0.80
2016-06-30 1.36 0.00 0.98
2016-03-31 0.19 0.00 0.05
2015-12-31 0.13 0.02 0.02
2015-09-30 0.17 0.02 0.05
2015-06-30 0.27 0.02 0.15
2015-03-31 0.14 0.02 0.02
2014-12-31 0.19 0.02 0.06
2014-09-30 0.26 0.02 0.15
2014-06-30 -0.04 0.05 0.03
2014-03-31 -0.01 0.04 0.03
2013-12-31 -0.16 0.02 0.01
2013-09-30 0.00 0.02 0.02
2013-06-30 -0.20 0.04 0.03
2013-03-31 -0.30 0.16 0.00
2012-12-31 -0.05 0.13 0.00
2012-09-30 0.04 0.10 0.01
2012-06-30 -0.54 0.23 0.00
2012-03-31 -0.36 0.11
  • 92 Resources has no debt.
  • 92 Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • 92 Resources has less than a year of cash runway based on current free cash flow.
  • 92 Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.4% each year.
X
Financial health checks
We assess 92 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. 92 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.

NTY Dividends

 What is 92 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 92 Resources dividends.
If you bought CA$2,000 of 92 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 92 Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate 92 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:NTY 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 92 Resources has not reported any payouts.
  • Unable to verify if 92 Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of 92 Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as 92 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 92 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 92 Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 92 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.

NTY Management

 What is the CEO of 92 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
Adrian Lamoureux
COMPENSATION CA$113,941
TENURE AS CEO 5.2 years
CEO Bio

Mr. Adrian Lamoureux serves as Independent Director at CannaOne Technologies Inc. Mr. Lamoureux has been the Chief Executive Officer and President at 92 Resources Corp. since January 2014. Mr. Lamoureux has worked in the venture capital markets for the past 8 years, specializing in the design and implementation of market strategies and corporate development. He has particular expertise in the mineral exploration and development sector. During his time working in the venture capital markets, he has financed a number of successful private and public companies. He has been a Director of 92 Resources Corp. since January 15, 2014.

CEO Compensation
  • Adrian's compensation has increased whilst company is loss making.
  • Adrian's remuneration is about average for companies of similar size in Canada.
Management Team

Adrian Lamoureux

TITLE
CEO, President & Director
COMPENSATION
CA$114K
TENURE
5.2 yrs

Dušan Berka

TITLE
CFO & Director
COMPENSATION
CA$84K
AGE
72
TENURE
6 yrs

Kelly Pladson

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure and age of the 92 Resources board of directors in years:

6
Average Tenure
56.5
Average Age
  • The tenure for the 92 Resources board of directors is about average.
Board of Directors

Adrian Lamoureux

TITLE
CEO, President & Director
COMPENSATION
CA$114K
TENURE
5.2 yrs

Dušan Berka

TITLE
CFO & Director
COMPENSATION
CA$84K
AGE
72
TENURE
7 yrs

Paul P. Chung

TITLE
Director
AGE
61
TENURE
9.5 yrs

Robert Findlay

TITLE
Director
AGE
52
TENURE
6.8 yrs

Dave Ramsay

TITLE
Member of the Board of Advisors
AGE
48
TENURE
1.6 yrs

Darren Smith

TITLE
Member of the Board of Advisors
TENURE
0.7 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$) Value (CA$)
17. Dec 18 Buy Dušan Berka Individual 14. Dec 18 14. Dec 18 34,000 CA$0.04 CA$1,120
X
Management checks
We assess 92 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. 92 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.

NTY News

Simply Wall St News

Does Market Volatility Impact 92 Resources Corp's (CVE:NTY) Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Should You Be Concerned About 92 Resources Corp's (CVE:NTY) Investors?

In this analysis, my focus will be on developing a perspective on 92 Resources Corp’s (TSXV:NTY) latest ownership structure, a less discussed, but important factor. … Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market.

Simply Wall St -

What Kind Of Risk Should You Expect For 92 Resources Corp (CVE:NTY)?

If you are looking to invest in 92 Resources Corp’s (TSXV:NTY), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … See our latest analysis for 92 Resources An interpretation of NTY's beta 92 Resources has a beta of 1.37, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

Simply Wall St -

How Much Did 92 Resources Corp's (CVE:NTY) CEO Pocket Last Year?

During times of negative earnings, the company may be going through a period of reinvestment and growth, or it can be a sign of some headwind. … Despite the fact that no standard benchmark exists, since remuneration should account for specific factors of the company and market, we can estimate a high-level base line to see if NTY deviates substantially from its peers. … Typically I would look at market cap and earnings as a proxy for performance, however, NTY's negative earnings lower the usefulness of my formula.

Simply Wall St -

What’s Ahead For 92 Resources Corp (CVE:NTY)?

TSXV:NTY PE PEG Gauge Dec 13th 17 The metals and mining industry is trading at a PE ratio of 12x, lower than the rest of the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of NTY, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

How Does 92 Resources Corp (TSXV:NTY) Affect Your Portfolio Returns?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a beta of 1.2, 92 Resources 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. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Should You Be Concerned About 92 Resources Corp's (TSXV:NTY) Investors?

Today, I will be analyzing 92 Resources Corp’s (TSXV:NTY) recent ownership structure, an important but not-so-popular subject among individual investors. … Check out our latest analysis for 92 Resources TSXV:NTY Ownership Summary Nov 5th 17 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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NTY Company Info

Description

92 Resources Corp., an energy solution company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company has an option agreement to acquire 100% interests in Pontax Lithium property consisting of 104 mineral claims covering an area of approximately 5,536 hectares near Eastmain, Quebec. It also holds an interest in the Upper Ross Lake property comprising 2 claims totaling of 57 hectares in Upper Ross Lake, Northwest Territories; Zim Frac property and Golden Frac Sand property located near Golden, British Colombia; Eastmain, Lac Du Beryl, and Corvette properties consisting of 115 mineral claims located in the James Bay Region, Quebec; and Silver Sands vanadium project covering an area of 3,735 hectares situated in the Pine Pass area of eastern British Columbia. The company was formerly known as Rio Grande Mining Corp. and changed its name to 92 Resources Corp. in June 2014. 92 Resources Corp. was founded in 2007 and is headquartered in Vancouver, Canada.

Details
Name: 92 Resources Corp.
NTY
Exchange: TSXV
Founded: 2007
CA$3,512,098
87,802,456
Website: http://www.92resources.com
Address: 92 Resources Corp.
1111 West Georgia Street,
Suite 1400,
Vancouver,
British Columbia, V6E 4M3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NTY Common Shares TSX Venture Exchange CA CAD 15. Mar 2010
OTCPK RGDC.F Common Shares Pink Sheets LLC US USD 15. Mar 2010
DB R9G2 Common Shares Deutsche Boerse AG DE EUR 15. Mar 2010
Number of employees
Current staff
Staff numbers
0
92 Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:25
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.