Upper Canyon Minerals Corp. engages in the acquisition and exploration of mineral properties in Canada. More info.
The calculations below outline how an intrinsic value for
Upper Canyon Minerals
is arrived at by discounting future cash flows to their present value. We use
analyst's estimates of cash flows going forward 5 years.
See our documentation to learn about this calculation.
|Levered FCF (CAD, Millions)||CA$0.06||CA$0.05||CA$0.04||CA$0.03||CA$0.03|
|Source||Extrapolated @ (-20%, capped from 0%)||Extrapolated @ (-19%, capped from 0%)||Extrapolated @ (-18%, capped from 0%)||Extrapolated @ (-17%, capped from 0%)||Extrapolated @ (-16%, capped from 0%)|
Discounted (@ 17.74%)
Present value of next 5 years cash flows:
Terminal Value = FCF2022 × (1 + g) ÷ (Discount Rate – g)
Terminal Value = CA$0 × (1 + 2.13%) ÷ (17.74% – 2.13%)
Terminal value based on the Perpetuity Method where growth (g) =
Present value of terminal value:
Equity Value (Total value) = Present value of next 5 years cash flows +
CA$0 = CA$0 + CA$0
Value = Total value / Shares Outstanding (CA$0 / 17)Discount to Share Price
Value per share:
Current discount (share price of CA$0.23): -1656.84%
The discount rate, or required rate of return, is estimated by calculating the Cost of Equity.
Discount rate = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
Discount rate = 17.74% = 2.13% + (1.983 * 7.87%)
The Levered Beta is the Unlevered Beta adjusted for financial leverage. It is limited to 0.8 to 2.0 (practical range for a stable firm). Note the market value of equity is used not the book value (CA$3,963,085).
Levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
1.983 = 1.945 (1 + (1- 26.5%) (2.67%))
Levered Beta used in calculation = 1.983
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 Upper Canyon 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.
Mr. Brian G. Thurston, H.BSc (Geology) has been Chief Executive Officer of Upper Canyon Minerals Corp since July 31, 2012 and has been its President since September 21, 2012. Mr. Thurston has been Consultant of Northern Iron Corp. since April 23, 2012. He serves as Vice-President of Exploration of Resource Hunter Capital Corp. and Plains Creek Phosphate Corporation. He has more than 21 years of exploration management and operational experience working on Canadian, Latin American and African projects. He served as the Chief Executive Officer, President and Corporate Secretary of Red Star Capital Ventures Inc. until August 2014. He served as an Executive Vice President of Lateegra Gold Corp., from June 2007 to November 2008. He served as Secretary of Resource Hunter Capital Corp. since February 11, 2010. He served as the President and Chief Executive Officer of Desert Gold Ventures Inc. from September 3, 2010 to February 2011. He led Desert Gold's exploration activities, strategic planning, building its technical team and provides his expertise to assist it to rapidly grow through a combination of development of its existing property, as well as prospective business opportunities for acquisition. He served as the Chief Executive Officer of Lion Energy Corp. (formerly Raytec Metals Corp.) from April 2008 to June 2010 and served as its President from November 19, 2007 to June 2010. He was part of the initial geological exploration team that evaluated the land holdings of Aurelian Resources Inc. (TSX: ARU) in Ecuador in 2002 and served as Country Manager for Aurelian in 2004 and 2005. He served as a Project Manager of Pacific Ridge Exploration Corp. and was instrumental in a new uranium discovery (Lucky 7 Zone) near Baker Lake, Nunavut, Canada. He was a Consulting Geologist. He has been a Director of Upper Canyon Minerals Corp. since June 10, 2010. He has been a Director of Lion Energy Corp. since November 19, 2007. He served as an Independent Director of Encanto Potash Corp. from August 12, 2009 to August 11, 2016. He served as a Director of Brigade Resource Corp. since October 19, 2015. He served as a Director of Red Star Capital Ventures Inc. from February 18, 2011 to August 22, 2014. He served as a Director of Andele Capital Corporation. He served as a Director of Northern Iron Corp. from November 20, 2009 to April 24, 2012. He served as a Director of Network Media Group Inc. until March 21, 2012. He served as an Additional Director of Resource Hunter Capital Corp. since February 11, 2010. He served as Director of Grenville Gold Corporation from October 7, 2010 to November 15, 2011. He served as a Director of Plains Creek Phosphate Corporation until April 2011. He served as a Director of MaxTech Ventures Inc., from September 2010 to February 2012. He served as a Director of Desert Gold Ventures Inc. from September 3, 2010 to February 2011. He served as an Independent Director of Megastar Development Corp. from November 2008 to December 7, 2010. He served as a Director of Auric Development Corp. from October 11, 2007 to June 22, 2009. He served as a Director of Abbastar Resources Corp. since April 15, 2008. He served as a Director of Great Bear Resources Ltd. (formerly Great Bear Uranium Corp.) from December 20, 2006 to February 2010. Mr. Thurston holds a Bachelors of Science (honours) in Geology from the University of Western Ontario in 1992.
Average tenure of the Upper Canyon Minerals board of directors in years:
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I test UCM.H’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.Simply Wall St - – Full article
In this analysis, my focus will be on developing a perspective on Upper Canyon Minerals Corp’s (TSXV:UCM.H) latest ownership structure, a less discussed, but important factor. … Insider Ownership Another important group of shareholders are company insiders. … Next Steps: With a low level of institutional ownership, investors in UCM.H need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.Simply Wall St - – Full article
See our latest analysis for Upper Canyon Minerals Did Thurston create value? … While there is no cookie-cutter approach, as remuneration should account for specific factors of the company and market, we can estimate a high-level thresold to see if UCM.H is an outlier. … Normally I'd use market cap and profit as factors determining performance, however, UCM.H's negative earnings reduces the usefulness of my formula.Simply Wall St - – Full article
Upper Canyon Minerals Corp (TSXV:UCM.H), a CA$4.05M small-cap, is a metals and mining operating in an industry which supplies materials for construction. … In this article, I’ll take you through the sector growth expectations, as well as evaluate whether Upper Canyon Minerals is lagging or leading its competitors in the industry. … Check out our latest analysis for Upper Canyon Minerals What’s the catalyst for Upper Canyon Minerals's sector growth?Simply Wall St - – Full article
Upper Canyon Minerals Corp (TSXV:UCM.H), a CADCA$2.50M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … If your initial investment thesis is around the growth prospects of UCM.H, 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 article
Upper Canyon Minerals Corp. engages in the acquisition and exploration of mineral properties in Canada. The company is headquartered in Vancouver, Canada.
|Name:||Upper Canyon Minerals Corp|
Upper Canyon Minerals Corp
1055 West Georgia Street,
British Columbia, V6E 4N7,
|Exchange Symbol||Ticker Symbol||Security||Exchange||Country||Currency||Listed on|
|TSXV||UCM.H||Common Shares||TSX Venture Exchange||CA||CAD||07. Nov 2007|
|Diversified Metals and Mining|
|Company Analysis updated:||2018/03/21 19:07|
|Last earnings update:||2017/09/30|
|Last annual earnings update:||2016/12/31|
All dates 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.