European Metals Corp., an exploration stage company, engages in the acquisition and exploration of properties for mining of precious and base metals in Canada.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has European Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MNTC.F's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: MNTC.F exceeded the US Metals and Mining industry which returned 5.8% over the past year.
Return vs Market: MNTC.F exceeded the US Market which returned 6% over the past year.
Price Volatility Vs. Market
How volatile is European Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is European Metals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MNTC.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MNTC.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MNTC.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MNTC.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MNTC.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MNTC.F is overvalued based on its PB Ratio (39.1x) compared to the US Metals and Mining industry average (1.3x).
How is European Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 European Metals 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.
- Examine European Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 European Metals's filings and announcements here.
- Explore growth companies in the Materials industry.
How has European Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNTC.F is currently unprofitable.
Growing Profit Margin: MNTC.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MNTC.F is unprofitable, but has reduced losses over the past 5 years at a rate of 94.5% per year.
Accelerating Growth: Unable to compare MNTC.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MNTC.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.3%).
Return on Equity
High ROE: MNTC.F has a negative Return on Equity (-77.54%), as it is currently unprofitable.
How is European Metals's financial position?
Financial Position Analysis
Short Term Liabilities: MNTC.F's short term assets (CA$587.5K) exceed its short term liabilities (CA$136.6K).
Long Term Liabilities: MNTC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MNTC.F is debt free.
Reducing Debt: MNTC.F had no debt 5 years ago.
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: MNTC.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MNTC.F has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 72.6% each year.
What is European Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MNTC.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MNTC.F'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 MNTC.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MNTC.F'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 MNTC.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Theo van der Linde (46yo)
Mr. Johannes Petrus Matheus van der Linde, also known as Theo, CA, has served as the Chief Financial Officer at BC Craft Supply Co. Ltd. (formerly known as Pasha Brands Ltd.) since May 2019. He serves as C ...
|Interim CEO & Director||0.083yr||no data||no data|
|Director||2.17yrs||no data||no data|
|Director||0.083yr||no data||no data|
Experienced Board: MNTC.F's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 3750.1%.
European Metals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: European Metals Corp.
- Ticker: MNTC.F
- Exchange: OTCPK
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: US$20.523m
- Shares outstanding: 108.01m
- Website: https://www.europeanmetalscorp.com
- European Metals Corp.
- 789 West Pender Street
- Suite 810
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MNTC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2014|
European Metals Corp., an exploration stage company, engages in the acquisition and exploration of properties for mining of precious and base metals in Canada. The company has an option to acquire up to a 51% undivided interest in the Cree Lake gold property comprising 151 single cell and 43 boundary claims covering approximately 4,074 hectares located in Swayze Township, Ontario. European Metals Corp. is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 00:07|
|End of Day Share Price||2020/07/08 00:00|