Sokoman Minerals
Sokoman Minerals Corp., an exploration-stage company, engages in the acquisition and exploration of mineral properties in North America. The last earnings update was 25 days ago. More info.
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- Sokoman Minerals has significant price volatility in the past 3 months.
SIC Share Price and Events
7 Day Returns
1 Year Returns
SIC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Sokoman Minerals (SIC) | 26.1% | 16% | 11.5% | 222.2% | 2800% | 383.3% |
| CA Metals and Mining | 1.7% | -0.5% | 14.3% | -3.9% | 15% | -18.9% |
| CA Market | -0% | 0.4% | 15% | 2.6% | 16.8% | 5.3% |
1 Year Return vs Industry and Market
- SIC outperformed the Metals and Mining industry which returned -3.9% over the past year.
- SIC outperformed the Market in Canada which returned 2.6% over the past year.
SIC Value
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.
- It is not possible to calculate the future cash flow value for Sokoman Minerals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.145.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Sokoman Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Sokoman Minerals's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in CAD | CA$-0.03 |
| TSXV:SIC Share Price ** | TSXV (2019-03-22) in CAD | CA$0.15 |
| Canada Metals and Mining Industry PE Ratio | Median Figure of 115 Publicly-Listed Metals and Mining Companies | 13.35x |
| Canada Market PE Ratio | Median Figure of 551 Publicly-Listed Companies | 14.94x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Sokoman Minerals.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSXV:SIC Share Price ÷ EPS (both in CAD) = 0.15 ÷ -0.03 |
-4.56x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sokoman Minerals is loss making, we can't compare its value to the CA Metals and Mining industry average.
- Sokoman Minerals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does
Sokoman Minerals's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -4.56x |
| 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 | 0.65x |
| Canada Market PEG Ratio | Median Figure of 254 Publicly-Listed Companies | 1.22x |
*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 Sokoman Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Sokoman Minerals's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in CAD | CA$0.05 |
| TSXV:SIC Share Price * | TSXV (2019-03-22) in CAD | CA$0.15 |
| Canada Metals and Mining Industry PB Ratio | Median Figure of 1,081 Publicly-Listed Metals and Mining Companies | 1.46x |
| Canada Market PB Ratio | Median Figure of 2,351 Publicly-Listed Companies | 1.57x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSXV:SIC Share Price ÷ Book Value per Share (both in CAD) = 0.15 ÷ 0.05 |
2.93x |
* Primary Listing of Sokoman Minerals.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sokoman Minerals is overvalued based on assets compared to the CA Metals and Mining industry average.
Value checks
We assess Sokoman Minerals's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Sokoman Minerals 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.
SIC Future Performance
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 Sokoman Minerals 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!
Earnings growth vs Low Risk Savings
- Unable to compare Sokoman Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Sokoman Minerals's earnings growth to the Canada market average as no estimate data is available.
- Unable to compare Sokoman Minerals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Canada Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 34.4% |
| Canada Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 6.9% |
| Canada Market Earnings Growth Rate | Market Cap Weighted Average | 18.1% |
| Canada Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*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
| 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 |
| Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | -2 | -2 | |
| 2018-09-30 | -1 | -1 | |
| 2018-06-30 | 0 | -1 | |
| 2018-03-31 | 0 | 0 | |
| 2017-12-31 | 0 | 0 | |
| 2017-09-30 | 0 | 0 | |
| 2017-06-30 | 0 | 0 | |
| 2017-03-31 | 0 | 0 | 0 |
| 2016-12-31 | 0 | 0 | |
| 2016-09-30 | 0 | 0 | |
| 2016-06-30 | 0 | 0 | |
| 2016-03-31 | 0 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
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 Sokoman Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.03 |
| 2018-09-30 | -0.02 |
| 2018-06-30 | -0.01 |
| 2018-03-31 | -0.01 |
| 2017-12-31 | -0.02 |
| 2017-09-30 | -0.01 |
| 2017-06-30 | -0.01 |
| 2017-03-31 | -0.01 |
| 2016-12-31 | -0.01 |
| 2016-09-30 | -0.01 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | 0.00 |
*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 Sokoman Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Sokoman Minerals's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Sokoman Minerals 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.
SIC Past Performance
How has Sokoman Minerals 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
Past Earnings growth analysis
- Sokoman Minerals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Sokoman Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Sokoman Minerals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Sokoman Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | -2.22 | 2.14 | ||
| 2018-09-30 | -1.07 | 0.99 | ||
| 2018-06-30 | -0.52 | 0.45 | ||
| 2018-03-31 | -0.45 | 0.43 | ||
| 2017-12-31 | -0.50 | 0.48 | ||
| 2017-09-30 | -0.41 | 0.39 | ||
| 2017-06-30 | -0.37 | 0.35 | ||
| 2017-03-31 | -0.03 | -0.27 | 0.13 | |
| 2016-12-31 | -0.20 | 0.08 | ||
| 2016-09-30 | -0.20 | 0.09 | ||
| 2016-06-30 | -0.17 | 0.06 | ||
| 2016-03-31 | 0.03 | -0.07 | 0.10 | |
| 2015-12-31 | -0.12 | 0.12 | ||
| 2015-09-30 | -0.11 | 0.11 | ||
| 2015-06-30 | -0.12 | 0.12 | ||
| 2015-03-31 | -0.12 | 0.12 | ||
| 2014-12-31 | -0.21 | 0.21 | ||
| 2014-09-30 | -0.34 | 0.35 | ||
| 2014-06-30 | -0.45 | 0.45 | ||
| 2014-03-31 | -0.96 | 0.79 | ||
| 2013-12-31 | -1.09 | 0.94 | ||
| 2013-09-30 | -1.69 | 1.27 | ||
| 2013-06-30 | -2.12 | 1.74 | ||
| 2013-03-31 | -2.04 | 1.82 | ||
| 2012-12-31 | -1.99 | 1.74 | ||
| 2012-09-30 | -2.10 | 2.12 | ||
| 2012-06-30 | -2.23 | 2.25 | ||
| 2012-03-31 | -2.35 | 2.34 |
*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 Sokoman Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Sokoman Minerals 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 Sokoman Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Sokoman Minerals'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)
Sokoman Minerals 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.
SIC Health
How is Sokoman Minerals'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 Sokoman Minerals's finances.
The net worth of a company is the difference between its assets and liabilities.
- Sokoman Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Sokoman Minerals has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Sokoman Minerals 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.
All data from Sokoman Minerals Company Filings, last reported 2 months ago.
| Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 4.95 | 0.00 | 3.73 |
| 2018-09-30 | 4.92 | 0.00 | 3.60 |
| 2018-06-30 | 1.36 | 0.00 | 0.56 |
| 2018-03-31 | 1.50 | 0.00 | 0.61 |
| 2017-12-31 | 1.25 | 0.00 | 0.66 |
| 2017-09-30 | 0.53 | 0.00 | 0.11 |
| 2017-06-30 | 0.60 | 0.00 | 0.20 |
| 2017-03-31 | 0.67 | 0.00 | 0.26 |
| 2016-12-31 | 0.36 | 0.00 | 0.05 |
| 2016-09-30 | 0.33 | 0.00 | 0.05 |
| 2016-06-30 | 0.28 | 0.00 | 0.01 |
| 2016-03-31 | 0.41 | 0.00 | 0.02 |
| 2015-12-31 | 0.40 | 0.00 | 0.00 |
| 2015-09-30 | 0.43 | 0.00 | 0.04 |
| 2015-06-30 | 0.45 | 0.00 | 0.04 |
| 2015-03-31 | 0.54 | 0.00 | 0.05 |
| 2014-12-31 | 0.57 | 0.00 | 0.06 |
| 2014-09-30 | 0.45 | 0.00 | 0.03 |
| 2014-06-30 | 0.49 | 0.00 | 0.06 |
| 2014-03-31 | 0.51 | 0.00 | 0.08 |
| 2013-12-31 | 0.64 | 0.00 | 0.16 |
| 2013-09-30 | 0.76 | 0.00 | 0.29 |
| 2013-06-30 | 0.72 | 0.00 | 0.40 |
| 2013-03-31 | 1.26 | 0.00 | 0.60 |
| 2012-12-31 | 1.41 | 0.00 | 0.70 |
| 2012-09-30 | 1.17 | 0.00 | 0.41 |
| 2012-06-30 | 0.85 | 0.00 | 0.23 |
| 2012-03-31 | 1.29 | 0.00 | 0.49 |
- Sokoman Minerals has no debt.
- Sokoman Minerals 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.
- Sokoman Minerals has sufficient cash runway for 1.9 years based on current free cash flow.
- Sokoman Minerals has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 105.8% each year.
Financial health checks
We assess Sokoman Minerals's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Sokoman Minerals has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
SIC Dividends
What is Sokoman Minerals'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
If you bought
CA$2,000 of
Sokoman Minerals
shares you are expected to receive
CA$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Sokoman Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Sokoman Minerals'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.
| 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 | 1.1% |
| Canada Market Average Dividend Yield | Market Cap Weighted Average of 331 Stocks | 3.6% |
| Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Canada Bottom 25% Dividend Yield | 25th Percentile | 2% |
| Canada Top 25% Dividend Yield | 75th Percentile | 5.7% |
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 Sokoman Minerals has not reported any payouts.
- Unable to verify if Sokoman Minerals's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Sokoman Minerals's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Sokoman Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Sokoman Minerals 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.
SIC Management
CEO
| COMPENSATION | CA$43,804 |
| AGE | 57 |
| TENURE AS CEO | 4.8 years |
CEO Bio
Mr. Timothy D. L. Froude, also known as Tim, P. Geo. serves as Chief Executive Officer, President and Director at Sokoman Minerals Corp. (formerly Sokoman Iron Corp.) Mr. Froude served as the Interim Chief Executive Officer and Interim President of Sokoman Minerals Corp. and has been its Vice President of Exploration since 2007. Mr. Froude served as Chief Geologist of Crosshair Exploration & Mining Corp. since March 8, 2004 and also as its Senior Vice President of Exploration from March 2005 to August 15, 2007. He served as General Manager of Newfoundland Projects since March 8, 2004. Mr. Froude has an extensive background in Newfoundland geology and mineral deposits. He served as Vice President of Exploration and Senior Vice President of Exploration of Cornerstone Capital Resources Inc. He was instrumental in building an extensive property portfolio at Cornerstone Resources and whose previous exploration successes include the discovery of the Valentine Lake gold prospect for BP Resources and his involvement in the discovery of the Bobby's Pond VMS deposit for Inco. He has been a Director at Sokoman Minerals Corp. since January 25, 2011. Mr. Froude serves as a Director of the Newfoundland and Labrador Chamber of Mineral Resources. He has been Director of Golden Dory Resources Corp. since January 25, 2011. He served as a Member of Advisory Board of Belmont Resources Inc. since October 25, 2007. Mr. Froude also is an associate fellow of the Geological Association of Canada (GAC), a member of the Association of Professional Engineers and Geoscientists of Newfoundland (APEGN) and a member of the Society of Economic Geologists. He holds Bachelor of Science in Geology from Memorial University of Newfoundland in 1988.
CEO Compensation
- Tim's compensation has been consistent with company performance over the past year.
- Tim's remuneration is lower than average for companies of similar size in Canada.
Management Team
Tim Froude
CEO, President & Director
CA$44K
57
4.8 yrs
Eric Myung
CFO & Director
0.5 yrs
Board of Directors Tenure
Average tenure of the Sokoman Minerals board of directors in years:
- The average tenure for the Sokoman Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors
Tim Froude
CEO, President & Director
CA$44K
57
8.2 yrs
Eric Myung
CFO & Director
0.5 yrs
Cathy Hume
Director
2 yrs
Colin Bowdidge
Director
2 yrs
Peter Dimmell
Director
0.7 yrs
James Adams
Director
0.2 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Sokoman Minerals insiders in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 07. Feb 19 | Buy | James Adams | Individual | 07. Feb 19 | 07. Feb 19 | 50,000 | CA$0.10 | CA$5,000 | ||
| 07. Jan 19 | Buy | Timothy Froude | Individual | 31. Dec 18 | 31. Dec 18 | 50,000 | CA$0.20 | CA$10,000 | ||
| 04. Jan 19 | Buy | Eric Sprott | Individual | 31. Dec 18 | 31. Dec 18 | 1,250,000 | CA$0.20 | CA$250,001 | ||
| 01. Jan 19 | Buy | Gordon Fretwell | Individual | 31. Dec 18 | 31. Dec 18 | 25,000 | CA$0.20 | CA$5,000 | ||
| 20. Aug 18 | Buy | Eric Sprott | Individual | 15. Aug 18 | 15. Aug 18 | 13,350,000 | CA$0.15 | CA$2,002,508 | ||
| 24. Jul 18 | Sell | Gordon Fretwell | Individual | 24. Jul 18 | 24. Jul 18 | -52,000 | CA$0.12 | CA$-6,240 | ||
Management checks
We assess Sokoman Minerals's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Sokoman Minerals 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.
SIC News
Simply Wall St News
What Kind Of Shareholders Own Sokoman Iron Corp. (CVE:SIC)?
The big shareholder groups in Sokoman Iron Corp. … Sokoman Iron is a smaller company with a market capitalization of CA$12m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Sokoman Iron
Simply Wall St - – Full articleDoes Market Volatility Impact Sokoman Iron Corp's (CVE:SIC) Share Price?
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … 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.
Simply Wall St - – Full articleIs Sokoman Iron Corp's (CVE:SIC) Balance Sheet A Threat To Its Future?
The direct benefit for Sokoman Iron Corp (CVE:SIC), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is SIC will have to adhere to stricter debt covenants and have less financial flexibility. … Is SIC right in choosing financial flexibility over lower cost of capital
Simply Wall St - – Full articleWho Owns Sokoman Iron Corp (CVE:SIC)?
In this analysis, my focus will be on developing a perspective on Sokoman Iron Corp’s (TSXV:SIC) latest ownership structure, a less discussed, but important factor. … Check out our latest analysis for Sokoman Iron TSXV:SIC Ownership_summary Jun 1st 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … General Public Ownership A substantial ownership of 76.61% in SIC is held by the general public.
Simply Wall St - – Full articleWhere Sokoman Iron Corp's (CVE:SIC) Earnings Growth Stands Against Its Industry
Below, I will assess SIC's latest performance announced on 31 December 2017 and weight these figures against its longer term trend and industry movements. … See our latest analysis for Sokoman Iron Was SIC's recent earnings decline worse than the long-term trend and the industry? … TSXV:SIC Income Statement Mar 29th 18 We can further examine Sokoman Iron's loss by looking at what the industry has been experiencing over the past few years.
Simply Wall St - – Full articleHow Should Investors Feel About Sokoman Iron Corp's (CVE:SIC) CEO Pay?
Check out our latest analysis for Sokoman Iron What has SIC's performance been like? … Normally I would use earnings and market cap to account for variations in performance, however, SIC's negative earnings lower the effectiveness of this method. … Next Steps: Hopefully this article has given you insight on how shareholders should think about SIC's governance policies such as CEO pay.
Simply Wall St - – Full articleWho Really Owns Sokoman Iron Corp (CVE:SIC)?
See our latest analysis for Sokoman Iron TSXV:SIC Ownership_summary Feb 12th 18 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. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.
Simply Wall St - – Full articleWhat Is Sokoman Iron Corp's (CVE:SIC) Financial Position?
Sokoman Iron Corp (TSXV:SIC), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … See our latest analysis for Sokoman Iron Does SIC's growth rate justify its decision for financial flexibility over lower cost of capital? … SIC’s absence of debt on its balance sheet may be due to lack of access to cheaper capital, or it may simply believe low cost is not worth sacrificing financial flexibility.
Simply Wall St - – Full articleWant To Invest In Sokoman Iron Corp (CVE:SIC)? Here's How It Performed Lately
Measuring Sokoman Iron Corp's (TSXV:SIC) track record of past performance is a useful exercise for investors. … Check out our latest analysis for Sokoman Iron Was SIC's recent earnings decline indicative of a tough track record? … I prefer to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.
Simply Wall St - – Full articleWhat Is The Future Prospect For Basic Materials And Sokoman Iron Corp (TSXV:SIC)?
Today, I will analyse the industry outlook, and also determine whether SIC is a laggard or leader relative to its basic materials sector peers. … If your initial investment thesis is around the growth prospects of SIC, 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 - – Full articleSIC Company Info
Description
Sokoman Minerals Corp., an exploration-stage company, engages in the acquisition and exploration of mineral properties in North America. It explores for iron ore and antimony/gold deposits. The company primarily focuses on the Central Newfound Gold project situated in central Newfoundland. It also holds 100% interest in the Iron Horse project located northeast of Labrador City; the Startrek and Antimony Ridge projects situated in Newfoundland; and the Moosehead Gold Property located in central Newfoundland. The company was formerly known as Sokoman Iron Corp. and changed its name to Sokoman Minerals Corp. in February 2019. Sokoman Minerals Corp. is based in Puslinch, Canada.
Details
| Name: | Sokoman Minerals Corp. |
| SIC | |
| Exchange: | TSXV |
| Founded: | |
| CA$14,559,277 | |
| 100,408,809 | |
| Website: | http://www.sokomaniron.com |
| Address: |
Sokoman Minerals Corp. 7735 Leslie Road West, Puslinch, Ontario, N0B 2J0, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSXV | SIC | Common Shares | TSX Venture Exchange | CA | CAD | 27. Aug 2008 | |
| OTCPK | SICN.F | Common Shares | Pink Sheets LLC | US | USD | 27. Aug 2008 | |
| DB | 3PJ1 | Common Shares | Deutsche Boerse AG | DE | EUR | 27. Aug 2008 | |
| DB | 3PJ1 | Common Shares | Deutsche Boerse AG | DE | EUR | 27. Aug 2008 |
Number of employees
Current staff
Industry
| Diversified Metals and Mining | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/24 00:11 |
| End of day share price update: | 2019/03/22 00:00 |
| Last earnings filing: | 2019/02/27 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
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.
