Newport Exploration Ltd., a natural resource company, engages in the acquisition and exploration of resource properties. More Details
Flawless balance sheet and good value.
Share Price & News
How has Newport Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWX has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: NWX underperformed the Canadian Metals and Mining industry which returned 40.3% over the past year.
Return vs Market: NWX exceeded the Canadian Market which returned -8.8% over the past year.
Price Volatility Vs. Market
How volatile is Newport Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StWhat Type Of Shareholder Owns Newport Exploration Ltd.'s (CVE:NWX)?
6 months ago | Simply Wall StHow Newport Exploration Ltd. (CVE:NWX) Can Impact Your Portfolio Volatility
7 months ago | Simply Wall StHave Insiders Been Selling Newport Exploration Ltd. (CVE:NWX) Shares?
Is Newport Exploration undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NWX (CA$0.39) is trading below our estimate of fair value (CA$1.79)
Significantly Below Fair Value: NWX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWX is good value based on its PE Ratio (6.9x) compared to the CA Metals and Mining industry average (19.5x).
PE vs Market: NWX is good value based on its PE Ratio (6.9x) compared to the Canadian market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NWX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NWX is overvalued based on its PB Ratio (4.8x) compared to the CA Metals and Mining industry average (2.7x).
How is Newport Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Newport Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Newport Exploration is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Newport Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Newport Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWX has high quality earnings.
Growing Profit Margin: Insufficient data to determine if NWX's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: NWX's earnings have grown significantly by 35% per year over the past 5 years.
Accelerating Growth: NWX's earnings growth over the past year (5.9%) is below its 5-year average (35% per year).
Earnings vs Industry: NWX earnings growth over the past year (5.9%) underperformed the Metals and Mining industry 48.1%.
Return on Equity
High ROE: NWX's Return on Equity (70.3%) is considered outstanding.
How is Newport Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: NWX's short term assets (CA$8.6M) exceed its short term liabilities (CA$211.9K).
Long Term Liabilities: NWX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NWX is debt free.
Reducing Debt: NWX has not had any debt for past 5 years.
Debt Coverage: NWX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NWX has no debt, therefore coverage of interest payments is not a concern.
What is Newport Exploration current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWX's dividend (10.26%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: NWX's dividend (10.26%) is in the top 25% of dividend payers in the Canadian market (6.1%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether NWX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NWX's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.2%), NWX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ian Rozier (69 yo)
Mr. Ian Terry Rozier, B.Sc. (Hons), M.Sc., P.Eng., has been the Chief Executive Officer, President and Director of Grosvenor Resource Corporation since February 2017. Mr. Rozier has been the President and ...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD378.60K) is above average for companies of similar size in the Canadian market ($USD171.75K).
Compensation vs Earnings: Ian's compensation has increased by more than 20% in the past year.
|President||no data||CA$504.00k||19.72% |
|CFO & Director||25.83yrs||CA$348.00k||4.98% |
|Independent Director||2.83yrs||CA$40.00k||0.79% |
|Independent Director||12.33yrs||CA$40.00k||1.77% |
Experienced Board: NWX's board of directors are seasoned and experienced ( 18.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Newport Exploration Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Newport Exploration Ltd.
- Ticker: NWX
- Exchange: TSXV
- Founded: 1979
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$40.728m
- Shares outstanding: 104.43m
- Website: https://www.newport-exploration.com
- Newport Exploration Ltd.
- 2168 Marine Drive
- Suite 202
- West Vancouver
- British Columbia
- V7V 1K3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NWX||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 1982|
|NWXP.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1982|
|1XX||BST (Boerse-Stuttgart)||Yes||Common Shares||DE||EUR||Sep 1982|
Newport Exploration Ltd., a natural resource company, engages in the acquisition and exploration of resource properties. The company holds a 100% interest in the Chu Chua copper-gold project located to the ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 23:34|
|End of Day Share Price||2020/10/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.