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.
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
Matachewan Consolidated Mines. 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
Matachewan Consolidated Mines's
is considered below, and whether this is a fair price.
Price based on past earnings
Matachewan Consolidated Mines's earnings available for a low price, and how does
this compare to other companies in the same industry?
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.
Matachewan Consolidated Mines'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.
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.
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
Matachewan Consolidated Mines's finances.
The net worth of a company is the difference between its assets and liabilities.
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.
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
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.
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.
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.
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.
CFO, Corporate Secretary & Director
Board of Directors Tenure
Average tenure and age of the
Matachewan Consolidated Mines
board of directors in years:
The average tenure for the Matachewan Consolidated Mines board of directors is over 10 years, this suggests they are a seasoned and experienced board.
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.
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