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Metalore Resources

OTCPK:MTLR.F
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MTLR.F
OTCPK
CA$3M
Market Cap
  1. Home
  2. US
  3. Energy
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.


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  • 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

Value

 Is Metalore Resources 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
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.

OTCPK:MTLR.F Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for OTCPK:MTLR.F
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.

OTCPK:MTLR.F DCF 1st Stage: Next 10 year cash flow forecast
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
OTCPK:MTLR.F DCF 2nd Stage: Terminal Value
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
OTCPK:MTLR.F Total Equity Value
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$0.51
OTCPK:MTLR.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:MTLR.F represents 0.50641x of TSXV:MET
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.50641x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 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
OTCPK:MTLR.F PE (Price to Earnings) Ratio Data Sources
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.

OTCPK:MTLR.F PE (Price to Earnings) Ratio Calculation
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
OTCPK:MTLR.F PEG (Price to Earnings to Growth) Ratio Data Sources
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
OTCPK:MTLR.F PB (Price to Book) Ratio Data Sources
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
OTCPK:MTLR.F PB (Price to Book) Ratio Calculation
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:
  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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. 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

 How is Metalore Resources 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 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!
Annual Growth Rate
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
OTCPK:MTLR.F Future Growth Rates Data Sources
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
OTCPK:MTLR.F 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.
OTCPK:MTLR.F Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Unable to determine if Metalore Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Metalore Resources 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
OTCPK:MTLR.F 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 Metalore Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MTLR.F Past Financials Data
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.

Next steps:

  1. Examine whether Metalore Resources is trading at Metalore Resources'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Metalore Resources'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 Energy companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Metalore Resources's filings and announcements 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 Metalore Resources'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
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.

OTCPK:MTLR.F Past Revenue, Cash Flow and Net Income Data
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
Past performance checks
We assess Metalore Resources'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 Oil and Gas 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.
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.
Net Worth
  • 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.

OTCPK:MTLR.F Past Debt and Equity Data
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
Financial health checks
We assess Metalore Resources'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. Metalore Resources has a total score of 5/6, 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 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
Dividend payments
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
OTCPK:MTLR.F 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
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.

OTCPK:MTLR.F Past Annualized Dividends Data
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.
Current Payout to shareholders
What portion of Metalore Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Metalore Resources 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 Metalore Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Metalore Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 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

 What is the CEO of Metalore Resources'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
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$9K
TENURE
10.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Dec 18 Buy Armen Chilian Individual 20. Dec 18 20. Dec 18 2,200 $1.24 $2,718
X
Management checks
We assess Metalore Resources'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. 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.

News

Simply Wall St News

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
Staff numbers
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.