Metalore Resources
Market Cap
US$2.2m
Last Updated
2020/02/27 00:49 UTC
Data Sources
Company Financials
Executive Summary
Metalore Resources Limited, a junior resource company, engages in the natural gas production and gold exploration in Canada.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Share Price & News
How has Metalore Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTLR.F's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
MTLR.F
-12.7%
US Oil and Gas
-7.6%
US Market
1 Year Return
n/a
MTLR.F
-27.5%
US Oil and Gas
10.2%
US Market
Return vs Industry: Insufficient data to determine how MTLR.F performed against the US Oil and Gas industry.
Return vs Market: Insufficient data to determine how MTLR.F performed against the US Market.
Shareholder returns
| MTLR.F | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -12.7% | -7.6% |
| 30 Day | 24.8% | -14.6% | -4.5% |
| 90 Day | n/a | -16.7% | -0.6% |
| 1 Year | n/a | -24.7%-27.5% | 12.5%10.2% |
| 3 Year | -54.4%-54.4% | -23.7%-30.9% | 37.1%28.3% |
| 5 Year | -27.5%-27.5% | -27.1%-38.2% | 60.8%43.2% |
Price Volatility Vs. Market
How volatile is Metalore Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Metalore Resources undervalued compared to its fair value and its price relative to the market?
27.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTLR.F ($1.8) is trading below our estimate of fair value ($2.49)
Significantly Below Fair Value: MTLR.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTLR.F is poor value based on its PE Ratio (14x) compared to the Oil and Gas industry average (9.1x).
PE vs Market: MTLR.F is good value based on its PE Ratio (14x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MTLR.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MTLR.F is good value based on its PB Ratio (0.4x) compared to the US Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is Metalore Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.9%
Forecasted Energy industry annual growth in earnings
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 SimplyWall St do have past financial data.
Next Steps
- Examine whether Metalore Resources is trading at an 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.
- Explore growth companies in the Energy industry.
Past Performance
How has Metalore Resources performed over the past 5 years?
10.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTLR.F has a large one-off loss of CA$200.7K impacting its December 31 2019 financial results.
Growing Profit Margin: MTLR.F's current net profit margins (33.2%) are lower than last year (46.6%).
Past Earnings Growth Analysis
Earnings Trend: MTLR.F has become profitable over the past 5 years, growing earnings by 10.1% per year.
Accelerating Growth: MTLR.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MTLR.F had negative earnings growth (-37%) over the past year, making it difficult to compare to the Oil and Gas industry average (-18.9%).
Return on Equity
High ROE: MTLR.F's Return on Equity (2.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Metalore Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MTLR.F's short term assets (CA$768.6K) exceed its short term liabilities (CA$101.2K).
Long Term Liabilities: MTLR.F's short term assets (CA$768.6K) do not cover its long term liabilities (CA$886.0K).
Debt to Equity History and Analysis
Debt Level: MTLR.F is debt free.
Reducing Debt: MTLR.F has not had any debt for past 5 years.
Balance Sheet
Inventory Level: MTLR.F has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MTLR.F's debt is covered by short term assets.
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.
Stable Cash Runway: MTLR.F is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: MTLR.F is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Metalore Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MTLR.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MTLR.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MTLR.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTLR.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MTLR.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MTLR.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average board tenure
CEO
Armen Chilian 0
2.8yrs
Tenure
CA$59,512
Compensation
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 Secreta ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | CA$59.51k | 2.25% CA$49.6k | |
| CFO & Director | 2.4yrs | CA$12.50k | no data | |
| Chairman & Lead Director | 0yrs | CA$8.44k | 0.39% CA$8.6k | |
| Independent Director | 11.1yrs | CA$8.64k | 0.17% CA$3.7k | |
| Independent Director | 10.8yrs | CA$8.64k | 0.028% CA$620.2 |
6.6yrs
Average Tenure
Experienced Board: MTLR.F's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Metalore Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Metalore Resources Limited
- Ticker: MTLR.F
- Exchange: OTCPK
- Founded: 1943
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$2.929m
- Listing Market Cap: CA$2.202m
- Shares outstanding: 1.78m
- Website: https://www.metaloreresources.com
Number of Employees
Location
- Metalore Resources Limited
- PO Box 422
- Simcoe
- Ontario
- N3Y 4L5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MET | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Jul 1981 |
| MTLR.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jul 1981 |
Biography
Metalore Resources Limited, a junior resource company, engages in the natural gas production and gold exploration 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 150 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.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/27 00:49 |
| End of Day Share Price | 2020/02/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.