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Matachewan Consolidated Mines

OTCPK:MWCA.F
Snowflake Description

Mediocre balance sheet with moderate growth potential.

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

Matachewan Consolidated Mines, Limited, a natural resource company, invests in various petroleum interests and mineral resource properties in Canada. The last earnings update was 23 days ago. More info.


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MWCA.F Share Price and Events
7 Day Returns
0%
OTCPK:MWCA.F
-1.6%
US Oil and Gas
-3.9%
US Market
1 Year Returns
-39.5%
OTCPK:MWCA.F
-16.8%
US Oil and Gas
1.4%
US Market
MWCA.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Matachewan Consolidated Mines (MWCA.F) 0% -6.2% - -39.5% -62.8% -
US Oil and Gas -1.6% -6.5% -1.2% -16.8% -2.4% -33.6%
US Market -3.9% -3.6% 1.8% 1.4% 35.8% 40.8%
1 Year Return vs Industry and Market
  • MWCA.F underperformed the Oil and Gas industry which returned -16.8% over the past year.
  • MWCA.F underperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
MWCA.F
Industry
5yr Volatility vs Market

Value

 Is Matachewan Consolidated Mines 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 Matachewan Consolidated Mines. This is due to cash flow or dividend data being unavailable. The share price is $0.10041.
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 Matachewan Consolidated Mines's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Matachewan Consolidated Mines's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MWCA.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.06
TSXV:MCM.A Share Price ** TSXV (2019-04-30) in CAD CA$0.12
United States of America Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 12.46x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.79x

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

** Primary Listing of Matachewan Consolidated Mines.

OTCPK:MWCA.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:MCM.A Share Price ÷ EPS (both in CAD)

= 0.12 ÷ -0.06

-2.1x

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

  • Matachewan Consolidated Mines is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Matachewan Consolidated Mines is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Matachewan Consolidated Mines's expected growth come at a high price?
Raw Data
OTCPK:MWCA.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
36.7%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 76 Publicly-Listed Oil and Gas Companies 0.52x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.52x

*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 Matachewan Consolidated Mines, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Matachewan Consolidated Mines's assets?
Raw Data
OTCPK:MWCA.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.23
TSXV:MCM.A Share Price * TSXV (2019-04-30) in CAD CA$0.12
United States of America Oil and Gas Industry PB Ratio Median Figure of 194 Publicly-Listed Oil and Gas Companies 1.01x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:MWCA.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:MCM.A Share Price ÷ Book Value per Share (both in CAD)

= 0.12 ÷ 0.23

0.52x

* Primary Listing of Matachewan Consolidated Mines.

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

  • Matachewan Consolidated Mines is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Matachewan Consolidated Mines'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. Matachewan Consolidated Mines 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 Matachewan Consolidated Mines expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Matachewan Consolidated Mines, future earnings growth has been estimated based on fundamentals.
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
36.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Matachewan Consolidated Mines expected to grow at an attractive rate?
  • Matachewan Consolidated Mines's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Matachewan Consolidated Mines's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Matachewan Consolidated Mines's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:MWCA.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:MWCA.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 36.7%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.4%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:MWCA.F 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.
OTCPK:MWCA.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 -1
2018-09-30 0 0 0
2018-06-30 0 0 0
2018-03-31 0 0 0
2017-12-31 1 1 0
2017-09-30 1 0 0
2017-06-30 1 0 0
2017-03-31 1 0 1
2016-12-31 2 0 1
2016-09-30 2 1 1
2016-06-30 2 1 1
2016-03-31 2 2 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Matachewan Consolidated Mines's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Matachewan Consolidated Mines 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:MWCA.F 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 Matachewan Consolidated Mines Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MWCA.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.06
2018-09-30 -0.03
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 0.03
2017-09-30 0.01
2017-06-30 0.03
2017-03-31 0.08
2016-12-31 0.10
2016-09-30 0.11
2016-06-30 0.10
2016-03-31 0.09

*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 Matachewan Consolidated Mines will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Matachewan Consolidated Mines'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.
Matachewan Consolidated Mines has a total score of 3/6, 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 Matachewan Consolidated Mines 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 Matachewan Consolidated Mines'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.
  • Matachewan Consolidated Mines does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Matachewan Consolidated Mines's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Matachewan Consolidated Mines's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Matachewan Consolidated Mines'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 Matachewan Consolidated Mines Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MWCA.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 -0.37 -0.71 0.27
2018-09-30 0.05 -0.32 0.24
2018-06-30 0.29 -0.03 0.24
2018-03-31 0.25 -0.09 0.24
2017-12-31 0.86 0.43 0.24
2017-09-30 0.50 0.13 0.29
2017-06-30 0.80 0.38 0.28
2017-03-31 1.39 0.94 0.26
2016-12-31 1.72 1.28 0.26
2016-09-30 2.19 1.35 0.26
2016-06-30 2.09 1.20 0.26
2016-03-31 2.03 1.12 0.26
2015-12-31 1.63 0.74 0.26
2015-09-30 1.32 0.50 0.39
2015-06-30 1.65 0.82 0.38
2015-03-31 1.13 0.40 0.36
2014-12-31 1.13 0.42 0.35
2014-09-30 0.86 -0.01 0.18
2014-06-30 0.39 -0.40 0.17
2014-03-31 -0.12 -0.90 0.17
2013-12-31 -0.40 -1.12 0.16
2013-09-30 -0.16 -0.77 0.16
2013-06-30 0.27 -0.35 0.16
2013-03-31 0.07 -0.48 0.16
2012-12-31 0.02 -0.51 0.16
2012-09-30 0.02 -0.11 0.17
2012-06-30 -0.76 -0.80 0.16

*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 Matachewan Consolidated Mines has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Matachewan Consolidated Mines has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Matachewan Consolidated Mines 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 Matachewan Consolidated Mines'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.
Matachewan Consolidated Mines 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 Matachewan Consolidated Mines'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 Matachewan Consolidated Mines's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Matachewan Consolidated Mines is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Matachewan Consolidated Mines has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Matachewan Consolidated Mines'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.3x 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 Matachewan Consolidated Mines Company Filings, last reported 4 months ago.

OTCPK:MWCA.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.86 0.64 2.65
2018-09-30 3.04 0.63 2.72
2018-06-30 3.37 0.81 3.32
2018-03-31 3.27 0.89 3.36
2017-12-31 3.57 0.94 3.71
2017-09-30 3.37 1.08 3.74
2017-06-30 3.40 1.01 3.43
2017-03-31 3.36 1.07 3.30
2016-12-31 3.14 0.90 3.30
2016-09-30 3.48 0.39 3.32
2016-06-30 3.27 0.40 3.00
2016-03-31 2.67 0.33 2.44
2015-12-31 2.11 0.42 1.62
2015-09-30 2.13 0.31 1.13
2015-06-30 2.45 0.37 1.37
2015-03-31 1.92 0.33 1.29
2014-12-31 1.74 0.27 1.11
2014-09-30 1.84 0.11 0.61
2014-06-30 1.46 0.09 0.69
2014-03-31 1.66 0.14 0.77
2013-12-31 1.46 0.12 0.65
2013-09-30 2.16 0.17 0.80
2013-06-30 2.17 0.22 0.81
2013-03-31 2.56 0.35 1.28
2012-12-31 2.58 0.76 2.01
2012-09-30 2.94 0.43 1.86
2012-06-30 2.52 0.83 1.87
  • Matachewan Consolidated Mines's level of debt (22.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7.9% vs 22.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Matachewan Consolidated Mines's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Matachewan Consolidated Mines'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. Matachewan Consolidated Mines has a total score of 3/6, 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 Matachewan Consolidated Mines'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 Matachewan Consolidated Mines dividends.
If you bought $2,000 of Matachewan Consolidated Mines 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 Matachewan Consolidated Mines's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Matachewan Consolidated Mines'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:MWCA.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 66 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:MWCA.F Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2016-12-21 0.020 7.202
2016-04-20 0.030 9.437
2015-07-07 0.030 10.589
2015-04-28 0.025 13.465
2014-12-01 0.025 12.845
2014-09-05 0.025 13.558
2014-05-06 0.100 44.786

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

  • Unable to perform a dividend volatility check as Matachewan Consolidated Mines has not reported any payouts.
  • Unable to verify if Matachewan Consolidated Mines's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Matachewan Consolidated Mines's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Matachewan Consolidated Mines 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 Matachewan Consolidated Mines'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 Matachewan Consolidated Mines afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Matachewan Consolidated Mines 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 Matachewan Consolidated Mines'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
Richard McCloskey
COMPENSATION CA$32,000
AGE 67
CEO Bio

Mr. Richard D. McCloskey, Bo, B.Sc., MBA has been the President of Baffinland Iron Mines Limited since July 2002. Mr. McCloskey serves as the Chief Executive Officer and President of McChip Resources Inc. He serves as the Chief Executive Officer and President of Matachewan Consolidated Mines Limited. Mr. McCloskey served as an Acting Chief Executive Officer and Acting President of Baffinland Iron Mines Corp., from March 2010 to January 27, 2011. As a representative of the Mining Association of Canada, he has actively participated in negotiations with the Canadian government to implement the Canadian Gold Maple Leaf coin programme. He served as the President and Director of Glimmer Resources, Inc. from January 1997 to December 2001. He has been engaged as a Director and officer at a senior level by several public and Private International Corporations in the Natural Resource Industry for in excess of 27 years. He served as Chairman of Baffinland Iron Mines Corp. from June 2005 to January 27, 2011. He has been an Independent Director of Taranis Resources Inc. since December 16, 2002, Gold Institute since 1976, McChip Resources Inc. since 1975 and of Matachewan Consolidated Mines, Ltd. since 1975. He also serves as a Director of two other public companies engaged in the business of mineral exploration and development. He served as a Director of Canico Resource Corp. since September 19, 2002. He served as a Director of Baffinland Iron Mines Corp. from 1997 to January 27, 2011. He served as Director of Sutton Resources, Inc. during its acquisition and development of the Bulyanhulu Gold Mine in Tanzania. Mr. McCloskey is a Mining Engineer with a Masters in Business Administration.

CEO Compensation
  • Richard's compensation has been consistent with company performance over the past year.
  • Richard's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Richard McCloskey

TITLE
President
COMPENSATION
CA$32K
AGE
67

Edward Dumond

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$26K

A. Matthew

TITLE
Director
AGE
77
Board of Directors Tenure

Average tenure and age of the Matachewan Consolidated Mines board of directors in years:

22.3
Average Tenure
67
Average Age
  • The average tenure for the Matachewan Consolidated Mines board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard McCloskey

TITLE
President
COMPENSATION
CA$32K
AGE
67
TENURE
44.3 yrs

Edward Dumond

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$26K
TENURE
27.3 yrs

A. Matthew

TITLE
Director
AGE
77
TENURE
22.3 yrs

Mike Zurowski

TITLE
Director
AGE
59
TENURE
16.3 yrs

Richard German

TITLE
Director
TENURE
22.3 yrs

Doug Bolton

TITLE
Director
AGE
67
TENURE
0.6 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 ($) Value ($)
18. Apr 19 Buy McChip Resources Inc. Company 17. Apr 19 17. Apr 19 25,000 $0.11 $2,813
11. Apr 19 Buy McChip Resources Inc. Company 09. Apr 19 09. Apr 19 3,000 $0.11 $338
14. Jan 19 Buy McChip Resources Inc. Company 14. Dec 18 14. Dec 18 3,000 $0.11 $336
03. Jan 19 Buy McChip Resources Inc. Company 19. Dec 18 19. Dec 18 2,000 $0.11 $223
17. Dec 18 Buy McChip Resources Inc. Company 13. Dec 18 13. Dec 18 1,000 $0.11 $112
12. Nov 18 Buy McChip Resources Inc. Company 08. Nov 18 08. Nov 18 13,000 $0.11 $1,487
28. Aug 18 Buy McChip Resources Inc. Company 27. Aug 18 27. Aug 18 25,000 $0.12 $2,889
16. Aug 18 Buy McChip Resources Inc. Company 14. Aug 18 14. Aug 18 17,000 $0.15 $2,556
02. Aug 18 Buy McChip Resources Inc. Company 01. Aug 18 01. Aug 18 25,000 $0.15 $3,845
25. Jul 18 Buy McChip Resources Inc. Company 24. Jul 18 24. Jul 18 4,500 $0.15 $684
18. Jul 18 Buy McChip Resources Inc. Company 17. Jul 18 17. Jul 18 5,000 $0.15 $758
X
Management checks
We assess Matachewan Consolidated Mines'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. Matachewan Consolidated Mines 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

Matachewan Consolidated Mines, Limited, a natural resource company, invests in various petroleum interests and mineral resource properties in Canada. It holds a royalty interest in the Matachewan property with 24 mining claims in the Young Davidson mine located in Powell and Cairo Townships near Matachewan Area, Ontario; and a 50% interest in 8 mining leases located in Hislop and Guibord Townships near Matheson, Ontario. The company was incorporated in 1933 and is based in Toronto, Canada.

Details
Name: Matachewan Consolidated Mines, Limited
MWCA.F
Exchange: OTCPK
Founded: 1933
CA$1,111,287
12,445,025
Website: http://
Address: Matachewan Consolidated Mines, Limited
150 York Street,
Suite 410,
Toronto,
Ontario, M5H 3S5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MCM.A Common Shares TSX Venture Exchange CA CAD 06. Jan 1976
OTCPK MWCA.F Common Shares Pink Sheets LLC US USD 06. Jan 1976
Number of employees
Current staff
Staff numbers
0
Matachewan Consolidated Mines employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/16 02:32
End of day share price update: 2019/04/30 00:00
Last earnings filing: 2019/04/23
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.