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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Metalore Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Metalore Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
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.
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.
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.
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.
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.
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)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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.
CFO & Director
Sales & Marketing Manager
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Metalore Resources board of directors is about average.
Board of Directors
Chairman & Lead Director
CFO & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Metalore Resources insiders in the past 3 months, but not in substantial volumes.
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.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.