Metalore Resources
OTCPK:MTLR.F
MTLR.F
OTCPK
CA$3M
Market Cap
Company description
Metalore Resources Limited, a junior resource company, engages in the exploration and development of precious metals and hydrocarbons in Canada. The last earnings update was 67 days ago. More info.
Add to Portfolio Compare Print
- Metalore Resources has significant price volatility in the past 3 months.
MTLR.F Share Price and Events
7 Day Returns
0%
OTCPK:MTLR.F
-0.6%
US Oil and Gas
0.2%
US Market
1 Year Returns
-
OTCPK:MTLR.F
-7.4%
US Oil and Gas
6.3%
US Market
MTLR.F Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Metalore Resources (MTLR.F) | 0% | -35.8% | - | - | -40.5% | -67.2% |
| US Oil and Gas | -0.6% | 1.3% | 4.9% | -7.4% | 4.2% | -27.6% |
| US Market | 0.2% | 2.1% | 8.5% | 6.3% | 37.9% | 45.7% |
1 Year Return vs Industry and Market
- No trading data on MTLR.F.
- No trading data on MTLR.F.
Price Volatility
MTLR.F
Industry
5yr Volatility vs Market
Related Companies
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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Metalore Resources
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for Metalore Resources.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 8.4% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.93 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.933 (1 + (1- 26.5%) (0%)) |
0.955 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.95 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.955 * 5.96%) |
8.42% |
Discounted Cash Flow Calculation for OTCPK:MTLR.F using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Metalore Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (CAD, Millions) | Source |
Present Value Discounted (@ 8.42%) |
|
|---|---|---|---|
| 2019 | 0.03 | Est @ 42.88% | 0.02 |
| 2020 | 0.03 | Est @ 30.83% | 0.03 |
| 2021 | 0.04 | Est @ 22.4% | 0.03 |
| 2022 | 0.05 | Est @ 16.5% | 0.03 |
| 2023 | 0.05 | Est @ 12.37% | 0.04 |
| 2024 | 0.06 | Est @ 9.48% | 0.04 |
| 2025 | 0.06 | Est @ 7.45% | 0.04 |
| 2026 | 0.07 | Est @ 6.04% | 0.03 |
| 2027 | 0.07 | Est @ 5.04% | 0.03 |
| 2028 | 0.07 | Est @ 4.35% | 0.03 |
| Present value of next 10 years cash flows | CA$0.33 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= CA$0.07 × (1 + 2.73%) ÷ (8.42% – 2.73%) |
CA$1.31 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= CA$1.31 ÷ (1 + 8.42%)10 |
CA$0.59 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= CA$0.33 + CA$0.59 |
CA$0.91 |
| Equity Value per Share (CAD) |
= Total value / Shares Outstanding
= CA$0.91 / 1.78 |
CA$0.51 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in OTCPK:MTLR.F
represents 0.50641x
of
TSXV:MET
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.50641x |
| Value per Share (Listing Adjusted, USD) |
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.51 x 0.50641 |
$0.26 |
| Value per share (USD) | From above. | $0.26 |
| Current discount | Discount to share price of
$0.79
= -1 x ($0.79 - $0.26) / $0.26 |
-203.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Metalore Resources is above its future cash flow value.
Often investors are willing to pay a
premium
for a company that has a high dividend or the potential for future growth.
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 Metalore Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Metalore Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in CAD | CA$0.22 |
| TSXV:MET Share Price ** | TSXV (2019-04-10) in CAD | CA$1.56 |
| United States of America Oil and Gas Industry PE Ratio | Median Figure of 107 Publicly-Listed Oil and Gas Companies | 13.18x |
| United States of America Market PE Ratio | Median Figure of 3,081 Publicly-Listed Companies | 18.15x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Metalore Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSXV:MET Share Price ÷ EPS (both in CAD) = 1.56 ÷ 0.22 |
7.07x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Metalore Resources is good value based on earnings compared to the US Oil and Gas industry average.
- Metalore Resources is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Metalore Resources's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 7.07x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| United States of America Oil and Gas Industry PEG Ratio | Median Figure of 77 Publicly-Listed Oil and Gas Companies | 0.59x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.57x |
*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 Metalore Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Metalore Resources's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in CAD | CA$5.83 |
| TSXV:MET Share Price * | TSXV (2019-04-10) in CAD | CA$1.56 |
| United States of America Oil and Gas Industry PB Ratio | Median Figure of 191 Publicly-Listed Oil and Gas Companies | 1.13x |
| United States of America Market PB Ratio | Median Figure of 5,178 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSXV:MET Share Price ÷ Book Value per Share (both in CAD) = 1.56 ÷ 5.83 |
0.27x |
* Primary Listing of Metalore Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Metalore Resources is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Metalore Resources'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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check) Metalore Resources has a total score of 3/6, 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
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 Metalore Resources 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!
10.4%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Metalore Resources
expected to grow at an
attractive
rate?
- Unable to compare Metalore Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Metalore Resources's earnings growth to the United States of America market average as no estimate data is available.
- Unable to compare Metalore Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| United States of America Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 10.4% |
| United States of America Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 5.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*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
All numbers in CAD Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| 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 |
| Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 1 | 0 | 0 |
| 2018-09-30 | 1 | 0 | 0 |
| 2018-06-30 | 1 | 0 | 0 |
| 2018-03-31 | 1 | 0 | 0 |
| 2017-12-31 | 1 | 0 | -3 |
| 2017-09-30 | 1 | 0 | -3 |
| 2017-06-30 | 1 | 0 | -3 |
| 2017-03-31 | 1 | 0 | -3 |
| 2016-12-31 | 1 | 0 | 0 |
| 2016-09-30 | 1 | 0 | 0 |
| 2016-06-30 | 1 | 0 | 0 |
| 2016-03-31 | 1 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
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
| 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 Metalore Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.22 |
| 2018-09-30 | 0.19 |
| 2018-06-30 | 0.17 |
| 2018-03-31 | 0.15 |
| 2017-12-31 | -1.59 |
| 2017-09-30 | -1.57 |
| 2017-06-30 | -1.55 |
| 2017-03-31 | -1.50 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | -0.02 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | -0.01 |
*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 Metalore Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Metalore Resources 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.
Future performance checks
We assess Metalore Resources'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 United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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)
Metalore Resources 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 Metalore Resources 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
Metalore Resources's growth in the last year to its industry (Oil and Gas).
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.
- Metalore Resources's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Metalore Resources has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Metalore Resources has become profitable in the last year making it difficult to compare the US Oil and Gas industry average.
Earnings and Revenue History
Metalore Resources'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 Metalore Resources Company Filings, last reported 3 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 | 0.71 | 0.39 | 0.11 | |
| 2018-09-30 | 0.69 | 0.33 | 0.11 | |
| 2018-06-30 | 0.68 | 0.31 | 0.12 | |
| 2018-03-31 | 0.70 | 0.27 | 0.19 | |
| 2017-12-31 | 0.73 | -2.83 | 0.26 | |
| 2017-09-30 | 0.70 | -2.79 | 0.29 | |
| 2017-06-30 | 0.66 | -2.75 | 0.27 | |
| 2017-03-31 | 0.65 | -2.66 | 0.21 | |
| 2016-12-31 | 0.59 | 0.01 | 0.17 | |
| 2016-09-30 | 0.53 | -0.03 | 0.14 | |
| 2016-06-30 | 0.60 | -0.02 | 0.15 | |
| 2016-03-31 | 0.59 | -0.02 | 0.14 | |
| 2015-12-31 | 0.80 | -0.43 | 0.14 | |
| 2015-09-30 | 0.89 | -0.38 | 0.14 | |
| 2015-06-30 | 0.90 | -0.23 | 0.16 | |
| 2015-03-31 | 0.95 | -0.13 | 0.17 | |
| 2014-12-31 | 0.84 | 0.49 | 0.17 | |
| 2014-09-30 | 0.86 | 0.50 | 0.17 | |
| 2014-06-30 | 0.88 | 0.33 | 0.21 | |
| 2014-03-31 | 0.92 | 0.25 | 0.21 | |
| 2013-12-31 | 0.79 | -0.32 | 0.20 | |
| 2013-09-30 | 0.78 | -0.30 | 0.19 | |
| 2013-06-30 | 0.73 | -0.26 | 0.17 | |
| 2013-03-31 | 0.61 | -0.32 | 0.18 | |
| 2012-12-31 | 0.58 | -0.03 | 0.21 | |
| 2012-09-30 | 0.58 | 0.01 | 0.21 | |
| 2012-06-30 | 0.66 | 0.03 | 0.25 |
*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.
- Metalore Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Metalore Resources used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
- Metalore Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Metalore Resources has a total score of 1/6, 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.
Past performance checks
We assess Metalore Resources'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 Oil and Gas 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)
Metalore Resources has a total score of 1/6, 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 Metalore Resources'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 Metalore Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Metalore Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Metalore Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of
Metalore Resources'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.
- Metalore Resources 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 Metalore Resources Company Filings, last reported 3 months ago.
| Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 10.35 | 0.00 | 0.54 |
| 2018-09-30 | 10.40 | 0.00 | 0.53 |
| 2018-06-30 | 10.45 | 0.00 | 0.60 |
| 2018-03-31 | 10.49 | 0.00 | 0.56 |
| 2017-12-31 | 10.06 | 0.00 | 0.69 |
| 2017-09-30 | 10.06 | 0.00 | 0.66 |
| 2017-06-30 | 10.03 | 0.00 | 0.70 |
| 2017-03-31 | 10.08 | 0.00 | 0.69 |
| 2016-12-31 | 12.82 | 0.00 | 0.80 |
| 2016-09-30 | 12.73 | 0.00 | 0.72 |
| 2016-06-30 | 12.69 | 0.00 | 0.77 |
| 2016-03-31 | 12.62 | 0.00 | 0.71 |
| 2015-12-31 | 12.65 | 0.00 | 0.86 |
| 2015-09-30 | 12.64 | 0.00 | 0.83 |
| 2015-06-30 | 12.86 | 0.00 | 1.09 |
| 2015-03-31 | 12.91 | 0.00 | 1.07 |
| 2014-12-31 | 13.38 | 0.00 | 1.05 |
| 2014-09-30 | 13.58 | 0.00 | 1.23 |
| 2014-06-30 | 13.65 | 0.00 | 1.45 |
| 2014-03-31 | 13.54 | 0.00 | 1.27 |
| 2013-12-31 | 13.37 | 0.00 | 1.25 |
| 2013-09-30 | 13.43 | 0.00 | 1.42 |
| 2013-06-30 | 13.37 | 0.00 | 1.46 |
| 2013-03-31 | 13.36 | 0.00 | 1.43 |
| 2012-12-31 | 13.75 | 0.00 | 1.35 |
| 2012-09-30 | 13.70 | 0.00 | 1.41 |
| 2012-06-30 | 13.65 | 0.00 | 1.44 |
- Metalore Resources has no debt.
- Metalore Resources has not taken on any debt in the past 5 years.
- Metalore Resources has no debt, it does not need to be covered by operating cash flow.
- Metalore Resources has no debt, therefore coverage of interest payments is not a concern.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Metalore Resources'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) Metalore Resources has a total score of 5/6, 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.
Dividends
What is Metalore Resources'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
0%
Current annual income from
Metalore Resources
dividends.
If you bought
$2,000 of
Metalore Resources
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Unable to evaluate Metalore Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Metalore Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 65 Stocks | 3.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in CA$) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2016-11-25 | 0.000 | 0.000 |
| 2016-08-19 | 0.000 | 0.000 |
| 2016-07-05 | 0.000 | 0.000 |
| 2016-02-08 | 0.000 | 0.000 |
| 2015-06-30 | 0.040 | 1.694 |
| 2014-11-27 | 0.040 | 1.373 |
| 2014-07-02 | 0.040 | 1.437 |
| 2013-11-26 | 0.040 | 1.429 |
| 2013-07-08 | 0.040 | 1.217 |
| 2013-02-06 | 0.040 | 1.097 |
| 2012-06-29 | 0.060 | 1.525 |
| 2011-11-14 | 0.060 | 1.257 |
| 2011-06-29 | 0.060 | 1.111 |
| 2010-11-16 | 0.060 | 0.878 |
| 2010-07-20 | 0.060 | 0.817 |
| 2009-11-06 | 0.060 | 0.807 |
| 2009-07-06 | 0.070 | 0.886 |
| 2009-04-29 | 0.070 | 0.838 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Metalore Resources has not reported any payouts.
- Unable to verify if Metalore Resources's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Metalore Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Metalore Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Metalore Resources 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
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
Armen
Chilian
| COMPENSATION | CA$40,837 |
| TENURE AS CEO | 1.9 years |
CEO Bio
Mr. Armen A. Chilian, B.Sc., P.Geo. has been the Chief Executive Officer of Metalore Resources Limited since May 3, 2017 and serves as its Managing Director and Director. He serves as the Corporate Secretary of Metalore Resources Limited since August 2016. Mr. Chilian has been Interim President at Metalore Resources Limited since May 3, 2017 and served as its President. He served as Vice President of Exploration at Ontex Resources Ltd. since March 2007. He has 15 years mineral exploration experience in Canada and the USA working with Metalore, Noranda, Cominco, Kennecott. He served as the Mining Exploration Consultant of Metalore Resources Ltd. He has designed and supervised exploration programs for gold in a variety of geological environments throughout the Beardmore - Geraldton Greenstone Belt. He graduated from the University of Minnesota, Duluth in 1993.
CEO Compensation
- Insufficient data for Armen to compare compensation growth.
- Armen's remuneration is lower than average for companies of similar size in United States of America.
Management Team
Armen Chilian
TITLE
President
COMPENSATION
CA$41K
TENURE
1.9 yrs
Donald Bryson
TITLE
CFO & Director
COMPENSATION
CA$13K
TENURE
1.6 yrs
Carl Chilian
TITLE
Sales & Marketing Manager
Board of Directors Tenure
Average tenure of the Metalore Resources board of directors in years:
5.8
Average Tenure
- The tenure for the Metalore Resources board of directors is about average.
Board of Directors
John McVicar
TITLE
Chairman & Lead Director
COMPENSATION
CA$9K
Armen Chilian
TITLE
President
COMPENSATION
CA$41K
TENURE
1.6 yrs
Donald Bryson
TITLE
CFO & Director
COMPENSATION
CA$13K
TENURE
1.6 yrs
Timothy Cronkwright
TITLE
Director
COMPENSATION
CA$9K
TENURE
9.9 yrs
Bruce Davis
TITLE
Director
COMPENSATION
CA$9K
TENURE
10.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 22. Dec 18 | Buy | Armen Chilian | Individual | 20. Dec 18 | 20. Dec 18 | 2,200 | $1.24 | $2,718 | ||
X
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.
Management checks
We assess Metalore Resources'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) Metalore Resources 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.
Company Info
Description
Metalore Resources Limited, a junior resource company, engages in the exploration and development of precious metals and hydrocarbons in Canada. It owns and/or controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company also distributes natural gas to approximately 100 commercial and residential customers through its gathering pipelines. In addition, it holds a 100% interest in the Cedartree Lake gold property with 306 mining claims located to the southeast of the town of Kenora; and interests in approximately 600 gold mining claims in the Beardmore-Geraldton area of Ontario. The company was formerly known as New Metalore Mining Company Limited and changed its name to Metalore Resources Limited in 1976. Metalore Resources Limited was founded in 1943 and is headquartered in Simcoe, Canada.
Details
| Name: | Metalore Resources Limited |
| MTLR.F | |
| Exchange: | OTCPK |
| Founded: | 1943 |
| CA$2,067,940 | |
| 1,775,035 | |
| Website: | http://www.metaloreresources.com |
| Address: |
Metalore Resources Limited PO Box 422, Simcoe, Ontario, N3Y 4L5, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSXV | MET | Common Shares | TSX Venture Exchange | CA | CAD | 27. Jul 1981 | |
| OTCPK | MTLR.F | Common Shares | Pink Sheets LLC | US | USD | 27. Jul 1981 |
Number of employees
Current staff
0
Metalore Resources
employees.
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/20 00:20 |
| End of day share price update: | 2019/04/10 00:00 |
| Last earnings filing: | 2019/02/12 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
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.
