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
Meridian Mining. 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
is considered below, and whether this is a fair price.
Price based on past earnings
Meridian Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Meridian Mining 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Meridian Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Meridian Mining's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Meridian Mining's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Meridian Mining is high growth as no earnings estimate data is available.
Unable to determine if Meridian Mining 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.
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 Meridian Mining's filings and announcements here.
Meridian Mining'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
Metals and Mining
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.
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.
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.
TENURE AS CEO
Mr. Gilbert Percy Clark, B.Sc. (Geology) has been Interim President and Chief Executive Officer of Meridian Mining S.E. since June 2018 and also serves as its Director. Mr. Clark served as a Senior Investment Advisor of Sentient Group Limited. Mr. Clark has served as a Partner of Sentient Equity Partners since 2017. Mr. Clark served as Managing Director of European Mining Services, Private Mining Consultancy since 2003 until 2014. Mr. Clark was a Consultant Geologist of The Sentient Group since 2010 until 2013. Since 2010, he was involved in private equity investments and appraisals primarily in the mining and energy sectors. He started his career in the Eastern Gold Fields of Western Australia, where he served for several Junior and Mid-Tier gold companies as a production geologist. Since moving to Europe he has managed the development of European natural resource projects, as well as appraising mining investments across the globe. He is a Private Mining & Mining Finance Consultant since January 2017. Mr. Clark has been an Independent Director of North American Nickel Inc. since May 22, 2012. He served as a Senior Investment Advisor and Director of Sentient Asset Management Canada from September 2013 to 2016. He served as an Independent Director of Mawson Resources Ltd. from January 17, 2014 to September 13, 2016. Mr. Clark is a Geologist with 15 years of operational, managerial and directorial experience in the natural resource sector. He holds a B.Sc in Geology.
Insufficient data for Gilbert to compare compensation growth.
Insufficient data for Gilbert to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Meridian Mining board of directors is less than 3 years, this suggests a new board.
Meridian Mining S.E., together with its subsidiaries, engages in the acquisition, exploration, development, and mining activities in Brazil. It focuses on exploring and developing the Espigão manganese and gold projects covering approximately 140,000 hectares; and Bom Futuro JV and Ariquemes tin projects, as well as adjacent areas in the state of Rondônia. The company was formerly known as Ferrometals Holdings Coöperatief U.A. Meridian Mining S.E. was founded in 2013 and is headquartered in London, the United Kingdom.
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