Loading...

Fidelity Minerals

OTCPK:SAID.F
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAID.F
OTCPK
CA$9M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Fidelity Minerals Corp. engages in the exploration and development of gold mineral properties. The last earnings update was 109 days ago. More info.


Add to Portfolio Compare Print
  • Fidelity Minerals has significant price volatility in the past 3 months.
SAID.F Share Price and Events
7 Day Returns
0%
OTCPK:SAID.F
-1%
US Metals and Mining
0.8%
US Market
1 Year Returns
-
OTCPK:SAID.F
-21.4%
US Metals and Mining
5.9%
US Market
SAID.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fidelity Minerals (SAID.F) 0% -28.6% -37.5% - -66.2% -
US Metals and Mining -1% 3% 10.4% -21.4% 18.3% -9.5%
US Market 0.8% 2.6% 10.6% 5.9% 37.7% 45.5%
1 Year Return vs Industry and Market
  • No trading data on SAID.F.
  • No trading data on SAID.F.
Price Volatility
SAID.F
Industry
5yr Volatility vs Market

SAID.F Value

 Is Fidelity Minerals undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Fidelity Minerals. This is due to cash flow or dividend data being unavailable. The share price is $0.03.
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 Fidelity Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fidelity Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SAID.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.05
TSXV:FMN Share Price ** TSXV (2019-04-12) in CAD CA$0.06
United States of America Metals and Mining Industry PE Ratio Median Figure of 43 Publicly-Listed Metals and Mining Companies 8.88x
United States of America Market PE Ratio Median Figure of 3,078 Publicly-Listed Companies 18.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fidelity Minerals.

OTCPK:SAID.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:FMN Share Price ÷ EPS (both in CAD)

= 0.06 ÷ -0.05

-1.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fidelity Minerals is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Fidelity Minerals is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Fidelity Minerals's expected growth come at a high price?
Raw Data
OTCPK:SAID.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 24 Publicly-Listed Metals and Mining Companies 0.68x
United States of America Market PEG Ratio Median Figure of 2,108 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Fidelity Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Fidelity Minerals's assets?
Raw Data
OTCPK:SAID.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.01
TSXV:FMN Share Price * TSXV (2019-04-12) in CAD CA$0.06
United States of America Metals and Mining Industry PB Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 1.57x
United States of America Market PB Ratio Median Figure of 5,172 Publicly-Listed Companies 1.93x
OTCPK:SAID.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:FMN Share Price ÷ Book Value per Share (both in CAD)

= 0.06 ÷ 0.01

7.57x

* Primary Listing of Fidelity Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fidelity Minerals is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Fidelity Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Fidelity Minerals has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SAID.F Future Performance

 How is Fidelity Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Fidelity Minerals 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 growth 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 it right!
Annual Growth Rate
12.5%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fidelity Minerals expected to grow at an attractive rate?
  • Unable to compare Fidelity Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Fidelity Minerals's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Fidelity Minerals's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:SAID.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SAID.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SAID.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -2
2018-07-31 -1 -2
2018-04-30 -1 -1
2018-01-31 -1 -2
2017-10-31 -1 -2
2017-07-31 -2 -3
2017-04-30 -2 -3
2017-01-31 -2 -3
2016-10-31 -1 -2
2016-07-31 0 -2
2016-04-30 -1 -2
2016-01-31 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Fidelity Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Fidelity Minerals 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.
Raw Data
OTCPK:SAID.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Fidelity Minerals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SAID.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.05
2018-07-31 -0.07
2018-04-30 -0.05
2018-01-31 -0.07
2017-10-31 -0.09
2017-07-31 -0.12
2017-04-30 -0.19
2017-01-31 -0.20
2016-10-31 -0.21
2016-07-31 -0.27
2016-04-30 -0.23
2016-01-31 -0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Fidelity Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SAID.F’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.
  2. Fidelity Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. 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 Fidelity Minerals's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Fidelity Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fidelity Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SAID.F Past Performance

  How has Fidelity Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fidelity Minerals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fidelity Minerals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Fidelity Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Fidelity Minerals's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Fidelity Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fidelity Minerals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SAID.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -2.07 1.62
2018-07-31 -2.09 1.63
2018-04-30 -1.30 0.75
2018-01-31 -1.68 0.96
2017-10-31 -2.15 1.30
2017-07-31 -2.69 1.81
2017-04-30 -3.30 2.08
2017-01-31 -2.80 1.77
2016-10-31 -2.28 1.34
2016-07-31 -2.48 0.88
2016-04-30 -1.88 1.04
2016-01-31 -2.34 1.42
2015-10-31 -2.14 1.21
2015-07-31 -1.16 0.99
2015-04-30 -0.69 0.60
2015-01-31 -0.19 0.15
2014-10-31 -0.06 0.05
2014-07-31 -0.06 0.05
2014-04-30 -0.04 0.03
2014-01-31 -0.05 0.04
2013-10-31 -0.24 0.21
2013-07-31 -0.23 0.21
2013-04-30 -0.28 0.24
2013-01-31 -0.26 0.22
2012-10-31 -0.05 0.03
2012-07-31 -0.04 0.02
2012-04-30 -0.01 0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Fidelity Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Fidelity Minerals has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Fidelity Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Fidelity Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Fidelity Minerals 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.

Full details on the Past part of the Simply Wall St company analysis model.

SAID.F Health

 How is Fidelity Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fidelity Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fidelity Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Fidelity Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fidelity Minerals'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Fidelity Minerals Company Filings, last reported 5 months ago.

OTCPK:SAID.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 0.54 0.68 0.05
2018-07-31 0.48 0.67 0.02
2018-04-30 -0.53 1.21 0.03
2018-01-31 -0.33 0.99 0.01
2017-10-31 0.07 0.83 0.01
2017-07-31 0.29 0.74 0.02
2017-04-30 1.00 0.71 0.00
2017-01-31 0.93 0.74 0.03
2016-10-31 0.16 0.17 0.25
2016-07-31 -0.17 0.17 0.00
2016-04-30 0.62 0.16 0.01
2016-01-31 0.20 0.38 0.00
2015-10-31 0.55 0.37 0.00
2015-07-31 1.42 0.04 0.06
2015-04-30 1.38 0.00 0.56
2015-01-31 0.65 0.00 0.70
2014-10-31 0.80 0.00 0.80
2014-07-31 0.81 0.00 0.81
2014-04-30 0.82 0.00 0.82
2014-01-31 0.83 0.00 0.84
2013-10-31 0.86 0.00 0.87
2013-07-31 0.88 0.00 0.87
2013-04-30 0.89 0.00 0.88
2013-01-31 0.91 0.00 0.91
2012-10-31 0.43 0.00 0.41
2012-07-31 0.44 0.00 0.43
2012-04-30 0.48 0.00 0.46
  • Fidelity Minerals's level of debt (126%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 126% today).
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.

  • Fidelity Minerals has less than a year of cash runway based on current free cash flow.
  • Fidelity Minerals has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.9% each year.
X
Financial health checks
We assess Fidelity Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fidelity Minerals has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SAID.F Dividends

 What is Fidelity Minerals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Fidelity Minerals dividends.
If you bought $2,000 of Fidelity Minerals shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Fidelity Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Fidelity Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SAID.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Fidelity Minerals has not reported any payouts.
  • Unable to verify if Fidelity Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Fidelity Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Fidelity Minerals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Fidelity Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fidelity Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fidelity Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SAID.F Management

 What is the CEO of Fidelity Minerals's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Ian Graham
COMPENSATION CA$30,000
AGE 54
TENURE AS CEO 4.1 years
CEO Bio

Mr. Ian Graham, B.Sc. (Hons), Geology, has been the Chief Executive Officer at Montan Mining Corp. since March 16, 2015 and serves as its Corporate Secretary. Mr. Graham has been Director of Spey Resources Corp. since January 2019. Mr. Graham has been Advisor of CMC Metals Ltd. since February 2018. He served as Board Advisor at WPC Resources Inc. since December 17, 2018. Mr. Graham served as Vice President of Operations at MGX Minerals Inc. from September 28, 2017 to January 24, 2018. He served as Chief Executive Officer, Chief Operating Officer and President at CMC Metals Ltd. since January 16, 2017; June 23, 2016 and July 2016 respectively. He has been a Corporate Secretary at Red Oak Mining Corp. since March 2, 2016. He is a mining professional with experience in the technical characterization and financing of mineral deposit exploration and development, mostly gained with the major mining companies Rio Tinto and Anglo American. He served as the Chief Executive Officer at Strait Minerals Inc. since March 6, 2015. He served as the Chief Executive Officer at Unity Energy Corp. since November 20, 2015 until July 15, 2017. He served as Vice President of Exploration and Project Development at Red Oak Mining Corp. (Also known as: Universal Wing Technologies Inc.) since July 9, 2013. He served as Vice President at Rio Tinto Exploration Canada, Inc. He served as an Executive Officer of Evaluation & Project Development and Geological Consultant at Western Resources Corp. He served as the Chief Executive Officer and President at Discovery Harbour Resources Corp., since January 17, 2009 to February 06, 2014 and served as Corporate Secretary until February 06, 2014. He served as an Executive Officer of Evaluation & Project Development at Western Potash Corp. He served as Geological Consultant of Western Potash Corp. He served as the Chief Geologist of Project Generation Group at Rio Tinto Exploration from March 2006 to January 2009. He is involved with evaluation and pre-development work on several projects in Canada and abroad including the Diavik Diamond Mine, Resolution Copper, Eagle Nickel, Lakeview Nickel and Bunder Diamonds. Prior to his work with Rio Tinto, he held Exploration Geologist roles with Anglo American. He has been an Independent Director of Commerce Resources Corp. since October 19, 2009. He has been an Independent Director Director at Berkwood Resources Ltd. since May 02, 2017. He has been a Director of Fidelity Minerals Corp (formerly Montan Mining Corp) since August 16, 2011. He has been a Director of Red Oak Mining Corp since October 29, 2015. He has been a Director of CMC Metals Ltd. since July 7, 2016. He serves as a Member of Technical Advisory Board of Zimtu Capital Corp. He served as a Director of Strait Minerals Inc. since March 6, 2015. He served as Chairman of the Board of Unity Energy Corp. from May 2016 to December 15, 2016. He served as the Chairman of the University of British Columbia's Mineral Deposit Research Unit. He serves as a Director at Cache Exploration Inc. He served as a Director of Discovery Harbour Resources Corp. from January 17, 2009 to November 25, 2013. He served as a Director of Universal Wing Geophysics Corp. Mr. Graham graduated from the University of Natal (now Kwa-Zulu Natal) with a B.Sc. in Geology and Applied Geology in 1984 and B.Sc. (Hons) in Geology in 1985. He was Director at WPC Resources Inc. from November 21, 2014 to December 17, 2018. He has experience with the modeling of project economics (DCF) and the structuring of project and company financing. His project roles have taken him to southern Africa, Canada, the US, India, Russia and Latin America. His corporate roles have involved establishing Canadian companies with projects active in Canada, the US, Colombia and Peru: these companies have completed financing in the Americas, Europe and China.

CEO Compensation
  • Ian's compensation has been consistent with company performance over the past year.
  • Ian's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Ian Graham

TITLE
Corporate Secretary
COMPENSATION
CA$30K
AGE
54
TENURE
4.1 yrs

Anthony Balic

TITLE
CFO & Director
COMPENSATION
CA$55K
AGE
36
TENURE
2.3 yrs

Bahay Ozcakmak

TITLE
Executive Chairman
AGE
37
Board of Directors Tenure

Average tenure and age of the Fidelity Minerals board of directors in years:

0.5
Average Tenure
57
Average Age
  • The average tenure for the Fidelity Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ian Graham

TITLE
Corporate Secretary
COMPENSATION
CA$30K
AGE
54
TENURE
4.1 yrs

Anthony Balic

TITLE
CFO & Director
COMPENSATION
CA$55K
AGE
36
TENURE
0.8 yrs

Bahay Ozcakmak

TITLE
Executive Chairman
AGE
37
TENURE
0.1 yrs

John Byrne

TITLE
Chair of Advisory Board
AGE
66
TENURE
0.1 yrs

Luis Zapata

TITLE
Director
COMPENSATION
CA$30K
AGE
33
TENURE
4.1 yrs

Greg Hall

TITLE
Director
AGE
62
TENURE
2.6 yrs

D. Hall

TITLE
Member of Advisory Board
AGE
60
TENURE
0.1 yrs

Len De Melt

TITLE
Member of Advisory Board
AGE
72
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Fidelity Minerals insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
25. Feb 19 Buy Lions Bay Capital Inc. Company 22. Feb 19 22. Feb 19 2,000,000 $0.04 $75,864
08. Feb 19 Buy Bahay Ozcakmak Individual 06. Feb 19 06. Feb 19 1,700,000 $0.04 $64,440
08. Feb 19 Buy Lions Bay Capital Inc. Company 04. Feb 19 04. Feb 19 2,000,000 $0.04 $76,170
07. Feb 19 Buy Ian Graham Individual 04. Feb 19 04. Feb 19 400,000 $0.04 $15,234
05. Feb 19 Buy Anthony Balic Individual 05. Feb 19 05. Feb 19 300,000 $0.04 $11,413
17. Dec 18 Buy Bahay Ozcakmak Individual 14. Dec 18 17. Dec 18 150,000 $0.04 $6,164
11. Dec 18 Sell Luis Zapata Individual 07. Dec 18 07. Dec 18 -150,000 $0.05 $-6,766
09. Jul 18 Buy Anthony Balic Individual 06. Jul 18 06. Jul 18 300,000 $0.04 $11,466
X
Management checks
We assess Fidelity Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fidelity Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SAID.F News

Simply Wall St News

SAID.F Company Info

Description

Fidelity Minerals Corp. engages in the exploration and development of gold mineral properties. It holds an option and permits to operate the Rey Salomon gold mine that comprises four concessions covering an area of 1,172 hectares located in the department of Arequipa, Province of Caravelí, Peru. The company was formerly known as Montan Mining Corp. and changed its name to Fidelity Minerals Corp. in January 2019. The company is headquartered in Vancouver, Canada.

Details
Name: Fidelity Minerals Corp.
SAID.F
Exchange: OTCPK
Founded:
CA$6,568,929
146,432,386
Website: http://www.fidelityminerals.com
Address: Fidelity Minerals Corp.
1166 Alberni Street,
Suite 1201,
Vancouver,
British Columbia, V6E 3Z3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV FMN New Common Shares TSX Venture Exchange CA CAD 03. Nov 2010
OTCPK SAID.F New Common Shares Pink Sheets LLC US USD 03. Nov 2010
DB S5GN New Common Shares Deutsche Boerse AG DE EUR 03. Nov 2010
BST S5GN New Common Shares Boerse-Stuttgart DE EUR 03. Nov 2010
Number of employees
Current staff
Staff numbers
0
Fidelity Minerals employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:34
End of day share price update: 2019/04/12 00:00
Last earnings filing: 2018/12/31
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.