OTCPK:NMEX

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Northern Minerals & Exploration

Executive Summary

Northern Minerals & Exploration Ltd. operates as a natural resource company in the United States.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Northern Minerals & Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NMEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

41.9%

NMEX

-7.3%

US Oil and Gas

1.3%

US Market


1 Year Return

-27.6%

NMEX

-45.2%

US Oil and Gas

6.1%

US Market

Return vs Industry: NMEX exceeded the US Oil and Gas industry which returned -42.5% over the past year.

Return vs Market: NMEX underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

NMEXIndustryMarket
7 Day41.9%-7.3%1.3%
30 Day-7.8%-22.3%-0.3%
90 Day84.5%2.1%16.6%
1 Year-27.6%-27.6%-42.6%-45.2%8.4%6.1%
3 Year235.5%235.5%-37.2%-43.8%35.8%26.9%
5 Year-69.3%-69.3%-41.2%-50.8%62.7%44.7%

Price Volatility Vs. Market

How volatile is Northern Minerals & Exploration's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Northern Minerals & Exploration undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Northern Minerals & Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Northern Minerals & Exploration has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of NMEX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Northern Minerals & Exploration regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Northern Minerals & Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

50.8%

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 Northern Minerals & Exploration 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

  • Take a look at our analysis of NMEX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 Northern Minerals & Exploration's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Northern Minerals & Exploration performed over the past 5 years?

-25.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NMEX is currently unprofitable.

Growing Profit Margin: NMEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NMEX is unprofitable, and losses have increased over the past 5 years at a rate of -25.1% per year.

Accelerating Growth: Unable to compare NMEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NMEX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-17.5%).


Return on Equity

High ROE: NMEX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Northern Minerals & Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: NMEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NMEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: NMEX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NMEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: NMEX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NMEX has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.8% each year.


Next Steps

Dividend

What is Northern Minerals & Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NMEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NMEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NMEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NMEX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NMEX'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?

1.9yrs

Average management tenure


CEO

Ivan Webb (69yo)

2yrs

Tenure

US$56,500

Compensation

Mr. Ivan Webb serves as the Chief Executive Officer of Northern Minerals & Exploration Ltd. since July 06, 2018 and is its President. He was Vice President of Northern Minerals & Exploration Ltd. since Aug ...


CEO Compensation Analysis

Compensation vs Market: Ivan's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD610.56K).

Compensation vs Earnings: Ivan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Ivan Webb
CEO & President2yrsUS$56.50k4.91% $107.0k
Noel Schaefer
COO & Director2yrsUS$321.93k3.39% $73.8k
Rachel Boulds
Chief Financial Officer0.42yrno datano data
Robert Campbell
Secretary1.75yrsno datano data

1.9yrs

Average Tenure

57.5yo

Average Age

Experienced Management: NMEX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Noel Schaefer
COO & Director2yrsUS$321.93k3.39% $73.8k
Howard Siegel
Director6.25yrsUS$4.29k0.17% $3.7k
Victor Miranda
Director2yrsno datano data

2.0yrs

Average Tenure

65yo

Average Age

Experienced Board: NMEX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.2%.


Top Shareholders

Company Information

Northern Minerals & Exploration Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Northern Minerals & Exploration Ltd.
  • Ticker: NMEX
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$2.180m
  • Shares outstanding: 59.08m
  • Website: https://northernmineralsexploration.com

Number of Employees


Location

  • Northern Minerals & Exploration Ltd.
  • 10 West Broadway
  • Suite 700
  • Salt Lake City
  • Utah
  • 84101
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NMEXOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2008

Biography

Northern Minerals & Exploration Ltd. operates as a natural resource company in the United States. It produces oil and gas in central Texas; and explores for gold and silver in northern Nevada. The company has interest in the J.E. Richey lease located in Coleman County, Texas. It is also involved in the real estate development activities. The company was formerly known as Punchline Resources Ltd. and changed its name to Northern Minerals & Exploration Ltd. in August 2013. Northern Minerals & Exploration Ltd. was founded in 2006 and is based in Salt Lake City, Utah. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 00:08
End of Day Share Price2020/07/09 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


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.