OTCPK:MNTC.F

Stock Analysis Report

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Executive Summary

European Metals Corp., an exploration stage company, engages in the acquisition and exploration of properties for mining of precious and base metals in Canada.


Snowflake Analysis

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.


Market Performance


7 Day Return

-5.0%

MNTC.F

3.2%

US Metals and Mining

2.3%

US Market


1 Year Return

21011.1%

MNTC.F

6.3%

US Metals and Mining

6.7%

US Market

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.


Shareholder returns

MNTC.FIndustryMarket
7 Day-5.0%3.2%2.3%
30 Day8947.6%2.4%-0.7%
90 Dayn/a20.3%17.1%
1 Year21011.1%21011.1%8.9%6.3%9.0%6.7%
3 Year4900.0%4900.0%10.5%3.3%36.7%27.8%
5 Year5657.6%5657.6%48.9%36.2%65.2%46.9%

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

Valuation

Is European Metals undervalued compared to its fair value and its price relative to the market?

39.1x

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).


Next Steps

Future Growth

How is European Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.6%

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.


Next Steps

Past Performance

How has European Metals performed over the past 5 years?

94.5%

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.


Next Steps

Financial Health

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.


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: 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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Theo van der Linde (46yo)

0.083

Tenure

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 ...


Board Members

NamePositionTenureCompensationOwnership
Vicki Rosenthal
President5.92yrsCA$35.00k1.5% CA$307.8k
Johannes Petrus van der Linde
Interim CEO & Director0.083yrno datano data
Maciej Lis
Director2.17yrsno datano data
Mike Hudson
Director0.083yrno datano data

1.1yrs

Average Tenure

Experienced Board: MNTC.F's board of directors are not considered experienced ( 1.1 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 substantially diluted in the past year, with total shares outstanding growing by 3750.1%.


Top Shareholders

Company Information

European Metals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: European Metals Corp.
  • Ticker: MNTC.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: US$20.523m
  • Shares outstanding: 108.01m
  • Website: https://www.europeanmetalscorp.com

Location

  • European Metals Corp.
  • 789 West Pender Street
  • Suite 810
  • Vancouver
  • British Columbia
  • V6C 1H2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MNTC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2014

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/09 00:07
End of Day Share Price2020/07/08 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.