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Vendetta Mining

TSXV:VTT
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VTT
TSXV
CA$18M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australia. The last earnings update was 49 days ago. More info.


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  • Vendetta Mining has significant price volatility in the past 3 months.
VTT Share Price and Events
7 Day Returns
-4.2%
TSXV:VTT
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-51.1%
TSXV:VTT
-7.9%
CA Metals and Mining
-0.1%
CA Market
VTT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vendetta Mining (VTT) -4.2% -11.5% -23.3% -51.1% 64.3% -
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • VTT underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • VTT underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
VTT
Industry
5yr Volatility vs Market

Value

 Is Vendetta Mining 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 Vendetta Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.115.
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 Vendetta Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vendetta Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:VTT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.03
TSXV:VTT Share Price ** TSXV (2019-03-18) in CAD CA$0.12
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vendetta Mining.

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

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

= 0.12 ÷ -0.03

-3.79x

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

  • Vendetta Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Vendetta Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Vendetta Mining's expected growth come at a high price?
Raw Data
TSXV:VTT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.79x
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 0.69x
Canada Market PEG Ratio Median Figure of 251 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 Vendetta Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vendetta Mining's assets?
Raw Data
TSXV:VTT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.02
TSXV:VTT Share Price * TSXV (2019-03-18) in CAD CA$0.12
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:VTT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.12 ÷ 0.02

6.7x

* Primary Listing of Vendetta Mining.

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

  • Vendetta Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Vendetta Mining'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. Vendetta Mining 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.

Future Performance

 How is Vendetta Mining 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 Vendetta Mining 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
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vendetta Mining expected to grow at an attractive rate?
  • Unable to compare Vendetta Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Vendetta Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Vendetta Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:VTT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:VTT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:VTT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 -3 -4
2018-08-31 -5 -6
2018-05-31 -6 -7
2018-02-28 -6 -6
2017-11-30 -6 -6
2017-08-31 -4 -5
2017-05-31 -3 -3
2017-02-28 -3 -2
2016-11-30 -2 -2
2016-08-31 -2 -2
2016-05-31 -1 -1
2016-02-29 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Vendetta Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Vendetta Mining 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:VTT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Vendetta Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:VTT Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.03
2018-08-31 -0.04
2018-05-31 -0.05
2018-02-28 -0.06
2017-11-30 -0.06
2017-08-31 -0.06
2017-05-31 -0.04
2017-02-28 -0.04
2016-11-30 -0.04
2016-08-31 -0.04
2016-05-31 -0.04
2016-02-29 -0.04

*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 Vendetta Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of VTT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Vendetta Mining'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. Vendetta Mining'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
X
Future performance checks
We assess Vendetta Mining'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.
Vendetta Mining 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.

Past Performance

  How has Vendetta Mining 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 Vendetta Mining'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.
  • Vendetta Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Vendetta Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Vendetta Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Vendetta Mining'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 Vendetta Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:VTT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -4.20 3.95
2018-08-31 -5.54 5.19
2018-05-31 -6.60 6.19
2018-02-28 -6.33 5.93
2017-11-30 -5.98 5.55
2017-08-31 -4.53 4.22
2017-05-31 -3.06 2.79
2017-02-28 -2.49 2.10
2016-11-30 -2.23 1.92
2016-08-31 -1.69 1.39
2016-05-31 -1.11 0.84
2016-02-29 -0.94 0.80
2015-11-30 -1.38 1.24
2015-08-31 -1.78 1.63
2015-05-31 -1.51 1.36
2015-02-28 -1.41 1.13
2014-11-30 -0.90 0.66
2014-08-31 -0.35 0.12
2014-05-31 -0.28 0.07
2014-02-28 -0.16 0.14
2013-11-30 -0.13 0.10
2013-08-31 -0.12 0.10
2013-05-31 -0.10 0.09
2013-02-28 -0.05 0.08
2012-11-30 -0.11 0.14
2012-08-31 -0.17 0.19
2012-05-31 -0.22 0.24

*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 Vendetta Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Vendetta Mining 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 Vendetta Mining 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 Vendetta Mining'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.
Vendetta Mining 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.

Health

 How is Vendetta Mining'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 Vendetta Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vendetta Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Vendetta Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Vendetta Mining'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.
  • Vendetta Mining 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 Vendetta Mining Company Filings, last reported 3 months ago.

TSXV:VTT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 2.69 0.00 0.22
2018-08-31 1.39 0.00 0.12
2018-05-31 2.48 0.00 1.07
2018-02-28 1.37 0.00 0.32
2017-11-30 1.53 0.00 0.57
2017-08-31 2.46 0.00 1.52
2017-05-31 4.73 0.00 3.90
2017-02-28 1.05 0.00 0.15
2016-11-30 0.53 0.00 0.06
2016-08-31 1.24 0.00 0.67
2016-05-31 2.18 0.00 1.74
2016-02-29 0.21 0.00 0.01
2015-11-30 0.33 0.00 0.02
2015-08-31 0.52 0.00 0.04
2015-05-31 0.64 0.00 0.07
2015-02-28 0.80 0.00 0.16
2014-11-30 1.36 0.00 0.74
2014-08-31 1.94 0.00 0.92
2014-05-31 -0.15 0.00 0.02
2014-02-28 -0.01 0.00 0.05
2013-11-30 0.05 0.00 0.10
2013-08-31 0.09 0.00 0.13
2013-05-31 0.12 0.00 0.14
2013-02-28 0.15 0.00 0.13
2012-11-30 0.18 0.00 0.17
2012-08-31 0.10 0.00 0.07
2012-05-31 0.12 0.00 0.09
  • Vendetta Mining has no debt.
  • Vendetta Mining 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.

  • Vendetta Mining has less than a year of cash runway based on current free cash flow.
  • Vendetta Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 57% each year.
X
Financial health checks
We assess Vendetta Mining'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. Vendetta Mining has a total score of 3/6, 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.

Dividends

 What is Vendetta Mining'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 Vendetta Mining dividends.
If you bought CA$2,000 of Vendetta Mining 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 Vendetta Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vendetta Mining'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:VTT 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 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
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 Vendetta Mining has not reported any payouts.
  • Unable to verify if Vendetta Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vendetta Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vendetta Mining 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 Vendetta Mining'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 Vendetta Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vendetta Mining 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.

Management

 What is the CEO of Vendetta Mining'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
Mike Williams
COMPENSATION CA$550,341
AGE 55
TENURE AS CEO 9.3 years
CEO Bio

Mr. Michael Jeffrey Williams, also known as Mike, founded Full Metal Minerals, Ltd. and has been its President since June 2003 and its Chief Executive Officer since October 2014. Mr. Williams has been the Chief Executive Officer and President of Vendetta Mining Corp. since December 2009. He has been Executive Chairman of Aftermath Silver Ltd since July 11, 2017 and serves as its Vice President. Mr. Williams has been Director of Aftermath Silver Ltd. since April 2010. Mr. Williams has been Consultant to the Board at Entourage Metals Ltd. (now Genesis Metals Corp.) since September 3, 2013. He served as Secretary of Vendetta Mining Corp. since May 1, 2010. He was an Advisor of Luna Gold Corp., since August 2007. He served as the Chief Executive Officer of Full Metal Minerals Ltd. since June 2003. He served as a Vice President of Investor Relations at Atna Resources Ltd. from 2002 to 2004 and provided investor relations services to it from 1996 to 2004. He was involved in the mining sector exclusively for ten years and also acts as an advisor to several junior exploration companies. He has over twenty years of public relations and marketing experience with both public and private companies. Mr. Williams' responsibilities also include business development, government relations and mining finance. He has provided public relations counsel to various sectors including: mining, manufacturing, financial services, hospitality, tourism and government. He serves as the Chairman of the Board at Minaurum Gold Inc since January 2009. He served as the Chairman of IDM Mining Ltd. (Revolution Resources Corp.) until January 8, 2014. He served as Chairman of the Board of Ximen Mining Corp. He served as Chairman of the Board at Valhalla Resources Ltd. until August 9, 2013. He served as the Chairman of the Board at Everett Resources Limited. He served as the Chairman of Underworld Resources. He has been a Director of Fremont Gold Ltd. since September 30, 2014. He has been an Independent Director of Adventure Gold, Inc. since November 5, 2010. He served as Independent Director at Western Pacific Resources Corp. since July 26, 2010 until October 12, 2018. He serves as Director of Uranium Standard Resources Ltd. He has been a Director of Everett Resources Limited, since January 31, 2007; Vendetta Mining Corp. since May 1, 2010; Full Metal Minerals Ltd. since June 2003 and Minaurum Gold Inc. since January 15, 2009. He served as a Director of Revolution Resources from July 16, 2009 to January 2014. He has been a Member of the Advisory Board at Fury Explorations Ltd. since October 19, 2006. He has been Director of Sona Resources Corp. since March 18, 2011. He served as Member of Advisory Board at Alix Resources Corp. (now Infinite Lithium Corp). He served as Director of Valhalla Resources Ltd. from May 20, 2010 to August 9, 2013. Mr. Williams served as a Director of Ximen Mining Corp. since January 31, 2007. He served as a Member of the Advisory Board of Marlin Gold Mining Ltd. Mr. Williams served as a Director of Secova Metals Corp. from July 16, 2009 to July 2012; Double Down Resources Ltd. from December 1998 to December 2000 and Underworld Resources Inc. from December 31, 2005 to May 2010. He served as Director of Entourage Metals Ltd. from April 26, 2010 to September 3, 2013.

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

Average tenure of the Vendetta Mining management team in years:

4.6
Average Tenure
  • The tenure for the Vendetta Mining management team is about average.
Management Team

Mike Williams

TITLE
President
COMPENSATION
CA$550K
AGE
55
TENURE
9.3 yrs

Jasmine Lau

TITLE
Chief Financial Officer
COMPENSATION
CA$16K
TENURE
1.3 yrs

Sheryl Elsdon

TITLE
Corporate Secretary
AGE
40
TENURE
4.6 yrs
Board of Directors Tenure

Average tenure of the Vendetta Mining board of directors in years:

3.5
Average Tenure
  • The tenure for the Vendetta Mining board of directors is about average.
Board of Directors

Mike Williams

TITLE
President
COMPENSATION
CA$550K
AGE
55
TENURE
8.8 yrs

David Baker

TITLE
Director
TENURE
2.4 yrs

Peter Voulgaris

TITLE
Director
AGE
47
TENURE
4.6 yrs

Doug Flegg

TITLE
Director
TENURE
2.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Vendetta Mining insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
29. Jan 19 Buy Michael Williams Individual 29. Jan 19 29. Jan 19 100,000 CA$0.13 CA$12,875
29. Jan 19 Sell Resource Capital Funds Company 29. Jan 19 29. Jan 19 -1,319,000 CA$0.14 CA$-184,660
25. Jan 19 Sell Resource Capital Funds Company 23. Jan 19 25. Jan 19 -1,510,000 CA$0.14 CA$-213,505
16. Jan 19 Sell Resource Capital Funds Company 15. Jan 19 16. Jan 19 -304,000 CA$0.15 CA$-42,781
10. Jan 19 Sell Resource Capital Funds Company 09. Jan 19 09. Jan 19 -572,000 CA$0.15 CA$-86,486
14. Nov 18 Sell Resource Capital Funds Company 13. Nov 18 13. Nov 18 -330,000 CA$0.16 CA$-51,348
23. Oct 18 Buy Peter Voulgaris Individual 23. Oct 18 23. Oct 18 100,000 CA$0.18 CA$18,000
X
Management checks
We assess Vendetta Mining'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. Vendetta Mining 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.

News

Simply Wall St News

What Kind Of Shareholders Own Vendetta Mining Corp. (CVE:VTT)?

A look at the shareholders of Vendetta Mining Corp. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … With a market capitalization of CA$20m, Vendetta Mining is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Does Vendetta Mining Corp's (CVE:VTT) CEO Salary Reflect Performance?

Mike Williams is the CEO of Vendetta Mining Corp (CVE:VTT), which has recently grown to a market capitalization of CA$28.25m. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

Simply Wall St -

Company Info

Description

Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australia. The company explores for lead, zinc, and silver deposits. It holds an option to acquire 100% interest in the Pegmont lead-zinc-silver deposit comprising three granted mining leases and two exploration permits covering an area of approximately 3,468 ha located in northwest Queensland, Australia. The company was formerly known as Azincourt Resources Inc. and changed its name to Vendetta Mining Corp. in July 2010. Vendetta Mining Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Details
Name: Vendetta Mining Corp.
VTT
Exchange: TSXV
Founded: 2009
CA$18,050,470
156,960,612
Website: http://www.vendettaminingcorp.com
Address: Vendetta Mining Corp.
409 Granville Street,
Suite 1500,
Vancouver,
British Columbia, V6C 1T2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV VTT Common Stock TSX Venture Exchange CA CAD 18. Oct 2010
OTCPK VDTA.F Common Stock Pink Sheets LLC US USD 18. Oct 2010
DB 5V8 Common Stock Deutsche Boerse AG DE EUR 18. Oct 2010
Number of employees
Current staff
Staff numbers
0
Vendetta Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:17
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/01/29
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/05/31


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.