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International Millennium Mining

DB:L9J
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
L9J
DB
CA$4M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

International Millennium Mining Corp. engages in the acquisition, exploration, and evaluation of precious metal deposits in the Americas. The last earnings update was 90 days ago. More info.


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L9J Share Price and Events
7 Day Returns
0%
DB:L9J
-0.9%
DE Metals and Mining
0.1%
DE Market
1 Year Returns
16.7%
DB:L9J
-27.9%
DE Metals and Mining
-10.1%
DE Market
L9J Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
International Millennium Mining (L9J) 0% 0% 0% 16.7% - -12.5%
DE Metals and Mining -0.9% -7.8% -19.7% -27.9% -10.9% -3.6%
DE Market 0.1% 1.3% -9.1% -10.1% 14.5% 41.8%
1 Year Return vs Industry and Market
  • L9J outperformed the Metals and Mining industry which returned -27.9% over the past year.
  • L9J outperformed the Market in Germany which returned -10.1% over the past year.
Price Volatility
L9J
Industry
5yr Volatility vs Market

Value

 Is International Millennium 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 International Millennium Mining. This is due to cash flow or dividend data being unavailable. The share price is €0.007.
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 International Millennium Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are International Millennium Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:L9J PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CAD CA$-0.00
TSXV:IMI Share Price ** TSXV (2018-08-30) in CAD CA$0.03
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 6.2x
Germany Market PE Ratio Median Figure of 412 Publicly-Listed Companies 17.85x

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

** Primary Listing of International Millennium Mining.

DB:L9J PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.03 ÷ -0.00

-7.2x

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

  • International Millennium Mining is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • International Millennium Mining is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does International Millennium Mining's expected growth come at a high price?
Raw Data
DB:L9J PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 55 Publicly-Listed Metals and Mining Companies 0.47x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.29x

*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 International Millennium Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on International Millennium Mining's assets?
Raw Data
DB:L9J PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CAD CA$0.03
TSXV:IMI Share Price * TSXV (2018-08-30) in CAD CA$0.03
Germany Metals and Mining Industry PB Ratio Median Figure of 12 Publicly-Listed Metals and Mining Companies 2.97x
Germany Market PB Ratio Median Figure of 555 Publicly-Listed Companies 1.84x
DB:L9J PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ 0.03

0.84x

* Primary Listing of International Millennium Mining.

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

  • International Millennium Mining is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess International Millennium 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. International Millennium Mining 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.

Future Performance

 How is International Millennium 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 International Millennium 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
46.9%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is International Millennium Mining expected to grow at an attractive rate?
  • Unable to compare International Millennium Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare International Millennium Mining's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare International Millennium Mining's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:L9J Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 46.9%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*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
DB:L9J Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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.
DB:L9J Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-06-30 -0 -1
2018-03-31 -0 -1
2017-12-31 -0 -1
2017-09-30 -0 0
2017-06-30 -0 0
2017-03-31 -0 0
2016-12-31 -0 0
2016-09-30 -0 -0
2016-06-30 -0 -0
2016-03-31 -0 -0
2015-12-31 -0 -0
2015-09-30 -0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if International Millennium Mining is high growth as no earnings estimate data is available.
  • Unable to determine if International Millennium 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
DB:L9J Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from International Millennium Mining Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:L9J Past Financials Data
Date (Data in CAD Millions) EPS *
2018-06-30 -0.00
2018-03-31 -0.00
2017-12-31 -0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 -0.00
2016-06-30 -0.00
2016-03-31 -0.00
2015-12-31 -0.00
2015-09-30 -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 International Millennium Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine International Millennium Mining'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. International Millennium 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. International Millennium 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 International Millennium 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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
International Millennium 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 International Millennium 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 International Millennium 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.
  • International Millennium Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare International Millennium Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare International Millennium Mining's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
International Millennium 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 International Millennium Mining Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:L9J Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 -0.61 0.49
2018-03-31 -0.60 0.50
2017-12-31 -0.60 0.50
2017-09-30 0.03 0.15
2017-06-30 0.06 0.14
2017-03-31 0.04 0.12
2016-12-31 0.03 0.17
2016-09-30 -0.26 0.30
2016-06-30 -0.26 0.30
2016-03-31 -0.22 0.29
2015-12-31 -0.18 0.23
2015-09-30 -2.65 0.16
2015-06-30 -2.65 0.16
2015-03-31 -2.66 0.18
2014-12-31 -2.68 0.19
2014-09-30 -0.19 0.16
2014-06-30 -0.26 0.22
2014-03-31 -0.33 0.26
2013-12-31 -0.40 0.31
2013-09-30 -1.02 0.27
2013-06-30 -1.01 0.26
2013-03-31 -1.28 0.50
2012-12-31 -0.65 0.50
2012-09-30 -0.04 0.61
2012-06-30 -0.12 0.61
2012-03-31 0.23 0.38
2011-12-31 -0.44 0.39

*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 International Millennium 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 International Millennium Mining has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if International Millennium 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 International Millennium 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.
International Millennium 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 International Millennium 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 International Millennium Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • International Millennium Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • International Millennium Mining's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of International Millennium 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.
  • Debt is covered by short term assets, assets are 20.4x debt.
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 International Millennium Mining Company Filings, last reported 4 months ago.

DB:L9J Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 5.11 0.01 0.03
2018-03-31 5.17 0.01 0.11
2017-12-31 5.23 0.01 0.31
2017-09-30 5.28 0.01 0.42
2017-06-30 5.36 0.01 0.58
2017-03-31 5.42 0.01 0.90
2016-12-31 5.47 0.02 1.08
2016-09-30 4.15 0.02 0.00
2016-06-30 4.15 0.02 0.02
2016-03-31 2.62 0.88 0.00
2015-12-31 2.70 0.86 0.03
2015-09-30 2.68 0.88 0.01
2015-06-30 2.69 0.81 0.01
2015-03-31 2.73 0.78 0.01
2014-12-31 2.75 0.56 0.00
2014-09-30 4.88 0.71 0.00
2014-06-30 4.90 0.42 0.00
2014-03-31 4.94 0.56 0.00
2013-12-31 4.99 0.48 0.00
2013-09-30 5.09 0.48 0.00
2013-06-30 5.26 0.32 0.02
2013-03-31 5.24 0.30 0.03
2012-12-31 5.21 0.32 0.10
2012-09-30 5.23 0.66 0.11
2012-06-30 4.97 0.63 0.05
2012-03-31 5.25 0.58 0.19
2011-12-31 4.60 0.48 0.17
  • International Millennium Mining's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (6.1% vs 0.1% today).
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.

  • International Millennium Mining has less than a year of cash runway based on current free cash flow.
  • International Millennium Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 40% each year.
X
Financial health checks
We assess International Millennium 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. International Millennium Mining 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.

Dividends

 What is International Millennium 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 International Millennium Mining dividends.
If you bought €2,000 of International Millennium Mining shares you are expected to receive €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 International Millennium Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate International Millennium 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
DB:L9J 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
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

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 International Millennium Mining has not reported any payouts.
  • Unable to verify if International Millennium Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of International Millennium Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as International Millennium 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 International Millennium Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 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 International Millennium Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. International Millennium 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 International Millennium 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
John Versfelt
COMPENSATION CA$30,500
AGE 68
CEO Bio

Mr. John Anthony Versfelt serves as Chief Executive Officer and President of Cabo Drilling Corp. Mr. Versfelt served as the Chief Executive Officer and President of Fortify Resources Inc. from November 2, 2015 to November 15, 2016. Mr. Versfelt has been Chief Executive Officer and President of Credent Capital Corp. since April 30, 2014. He serves as the Chairman of International Millennium Mining Corp. and has been its Chief Executive Officer and President since October 1993. Mr. Versfelt has been the President of American Resource Management Consultants Inc., since 1982. Mr. Versfelt has been the Chairman of Cabo Drilling Corp. since October 2004, Chief Executive Officer, President and Executive Director since January 1992. Mr. Versfelt served as the Chief Executive Officer and President of Cabre Capital Corp., since May 2010. Mr. Versfelt served as the Chief Financial Officer of SoftCare EC Solutions Inc. His past experience includes strategic management of small-cap growth-oriented companies, corporate restructuring, organization and control of public and private companies, senior administration, business system analysis and design, project management and contract agreement negotiating. He served as Chief Financial Officer and Secretary of Open EC Technologies Inc. since November 20, 2002. He served as Chief Financial Officer of Cabo Drilling Corp from November 2002 to October 2007. He served as the Chief Financial Officer at Aveda Transportation and Energy Services Inc. He served as the Chief Executive Officer of Northcliff Resources Ltd. from May 2010 to June 2011. Mr. Versfelt served as Chief Financial Officer of Marine Bioproducts International Corp. He served as Chief Financial Officer of Phoenix Oilfield Hauling Inc. until May 2004. He served as the Chief Financial Officer of Adroit Resources Inc. until May 2004. He has been a Director of International Millennium Mining Corp. since April 1992. He has been a Director of Cabo Mining Enterprises Corp. since January 1992. He serves as a Director of Northcliff Resources Ltd. He served as a Director of Fortify Resources Inc. since March 22, 2012 until January 27, 2017. He served as a Director of Cabre Capital Corp., since May 2010 and Avian Capital Inc. since October 31, 2006. He served as a Director of SoftCare EC Solutions Inc. He has been a Director of Credent Capital Corp since March 25, 2011. He served as a Director of Rathdowney Resources Limited until March 15, 2011 and Open EC Technologies Inc. from June 26, 2004 to February 12, 2010. He served as a Director of Coreland Capital Inc. from May 2009 to March 2011. He served as a Director of Marine Bioproducts International Corp. since May 29, 2003. Mr. Versfelt has a Bachelor of Arts in Commerce from Simon Fraser University, Burnaby, British Columbia.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is lower than average for companies of similar size in Germany.
Management Team

John Versfelt

TITLE
Chairman
COMPENSATION
CA$31K
AGE
68

Cal Lucyshyn

TITLE
CFO & Controller
COMPENSATION
CA$21K
AGE
50
TENURE
11.8 yrs
Board of Directors Tenure

Average tenure of the International Millennium Mining board of directors in years:

7.6
Average Tenure
  • The tenure for the International Millennium Mining board of directors is about average.
Board of Directors

John Versfelt

TITLE
Chairman
COMPENSATION
CA$31K
AGE
68

Bob Drago

TITLE
Independent Director
COMPENSATION
CA$9K
TENURE
13.8 yrs

Alex Caldwell

TITLE
Independent Director
COMPENSATION
CA$9K
TENURE
15.5 yrs

Mike Prinsloo

TITLE
Independent Director
AGE
64
TENURE
1.4 yrs

Sebastien Vermeire

TITLE
Independent Director
TENURE
1 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 (€) Value (€)
16. Jan 18 Buy John Versfelt Individual 08. Jan 18 10. Jan 18 100,000 €0.02 €2,014
X
Management checks
We assess International Millennium 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. International Millennium 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

External News
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Simply Wall St News

Company Info

Map
Description

International Millennium Mining Corp. engages in the acquisition, exploration, and evaluation of precious metal deposits in the Americas. The company primarily explores for silver and gold deposits. It holds 85% interest in the Silver Peak (Nivloc) property comprising 211 claims covering an area of approximately 4,000 acres, as well as interest in the AJ prospect comprising 28 claims located in Esmeralda County, Nevada, the United States. The company is based in New Westminster, Canada.

Details
Name: International Millennium Mining Corp.
L9J
Exchange: DB
Founded:
CA$2,854,480
171,302,476
Website: http://www.immc.ca
Address: International Millennium Mining Corp.
20 Sixth Street,
New Westminster,
British Columbia, V3L 2Y8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV IMI Common Shares TSX Venture Exchange CA CAD 27. Feb 2007
OTCPK IMLM.F Common Shares Pink Sheets LLC US USD 27. Feb 2007
DB L9J Common Shares Deutsche Boerse AG DE EUR 27. Feb 2007
Number of employees
Current staff
Staff numbers
0
International Millennium Mining employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/27 18:42
End of day share price update: 2018/08/30 00:00
Last earnings filing: 2018/08/29
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.