OTCPK:WLFF.F

Stock Analysis Report

Executive Summary

Wolfden Resources Corporation engages in the exploration and development of mineral properties in North America.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.

Share Price & News

How has Wolfden Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-19.3%

WLFF.F

2.0%

US Metals and Mining

0.07%

US Market


1 Year Return

-67.2%

WLFF.F

-5.2%

US Metals and Mining

8.9%

US Market

Return vs Industry: WLFF.F underperformed the US Metals and Mining industry which returned -5.2% over the past year.

Return vs Market: WLFF.F underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

WLFF.FIndustryMarket
7 Day-19.3%2.0%0.07%
30 Day-23.0%-2.2%-0.3%
90 Day-39.6%-6.9%-1.6%
1 Year-67.2%-67.2%-2.3%-5.2%11.3%8.9%
3 Yearn/a9.5%3.8%46.3%36.8%
5 Yearn/a-0.7%-8.3%62.1%44.3%

Price Volatility Vs. Market

How volatile is Wolfden Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wolfden Resources undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WLFF.F ($0.07) is trading below our estimate of fair value ($6.32)

Significantly Below Fair Value: WLFF.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WLFF.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: WLFF.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 WLFF.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WLFF.F is overvalued based on its PB Ratio (6.8x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Wolfden Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WLFF.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: WLFF.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: WLFF.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if WLFF.F's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if WLFF.F's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WLFF.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Wolfden Resources performed over the past 5 years?

-22.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WLFF.F is unprofitable, and losses have increased over the past 5 years at a rate of -22% per year.

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

Earnings vs Industry: WLFF.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (26.8%).


Return on Equity

High ROE: WLFF.F has a negative Return on Equity (-201.96%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: WLFF.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: WLFF.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Wolfden Resources's financial position?


Financial Position Analysis

Short Term Liabilities: WLFF.F's short term assets (CA$2.4M) exceeds its short term liabilities (CA$454.0K)

Long Term Liabilities: WLFF.F has no long term liabilities


Debt to Equity History and Analysis

Debt Level: WLFF.F is debt free.

Reducing Debt: WLFF.F has not had any debt for past 5 years.


Balance Sheet

Inventory Level: WLFF.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if WLFF.F's debt is covered by short term assets.


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

Forecast Cash Runway: WLFF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -33.5% each year


Next Steps

Dividend

What is Wolfden Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if WLFF.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 WLFF.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Ron Little (56yo)

1.3yrs

Tenure

CA$323,999

Compensation

Mr. Ronald N. Little, also known as Ron, P.Eng., has been President and CEO of Wolfden Resources Corporation since June 26, 2018, and has been its Director since January 2, 2018. He was the Founder of Orez ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Ron's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Ron's compensation with company performance.


Management Age and Tenure

4.2yrs

Average Tenure

54yo

Average Age

Experienced Management: WLFF.F's management team is considered experienced (4.2 years average tenure).


Board Age and Tenure

1.3yrs

Average Tenure

56yo

Average Age

Experienced Board: WLFF.F's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: WLFF.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$7,89108 Oct 19
Ewan Downie
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares100,000
Max PriceCA$0.079
BuyCA$5,90605 Oct 19
John Seaman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares74,000
Max PriceCA$0.083
BuyCA$8,67408 Aug 19
John Seaman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100,000
Max PriceCA$0.087
BuyCA$21,46107 Aug 19
Ewan Downie
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares247,000
Max PriceCA$0.087
BuyCA$21,58407 Aug 19
Ronald Little
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares250,000
Max PriceCA$0.086
BuyCA$5,61507 Jun 19
Ronald Little
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares50,000
Max PriceCA$0.11
BuyCA$4,45817 May 19
Ewan Downie
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares40,000
Max PriceCA$0.11
BuyCA$6,69716 May 19
Ewan Downie
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares60,000
Max PriceCA$0.11
BuyCA$36,29323 Apr 19
Ronald Little
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares280,000
Max PriceCA$0.13
BuyCA$12,75504 Apr 19
Donald Bubar
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100,000
Max PriceCA$0.13

Ownership Breakdown


Management Team

  • Ron Little (56yo)

    CEO, President & Director

    • Tenure: 1.3yrs
    • Compensation: CA$324.00k
  • Don Hoy (63yo)

    Senior Vice-President of Exploration

    • Tenure: 1.3yrs
    • Compensation: CA$132.06k
  • Shaun Drake (52yo)

    Corporate Secretary

    • Tenure: 7yrs
  • Nathan Dyll (40yo)

    Chief Financial Officer

    • Tenure: 7.2yrs
    • Compensation: CA$18.00k

Board Members

  • Don Bubar (63yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$6.00k
  • Ian Atkinson (69yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$6.00k
  • Ewan Downie (52yo)

    Non-Executive Chairman

    • Tenure: 9.5yrs
    • Compensation: CA$18.00k
  • Bill Fisher (61yo)

    Technical Advisory Board

    • Tenure: 0.5yrs
  • John Seaman (51yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$7.50k
  • Ron Little (56yo)

    CEO, President & Director

    • Tenure: 1.3yrs
    • Compensation: CA$324.00k
  • Scott Trebilcock (48yo)

    Member of Technical Advisory Board

    • Tenure: 0.5yrs

Company Information

Wolfden Resources Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wolfden Resources Corporation
  • Ticker: WLFF.F
  • Exchange: OTCPK
  • Founded: 2009
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$12.943m
  • Listing Market Cap: CA$9.891m
  • Shares outstanding: 129.43m
  • Website: https://www.wolfdenresources.com

Number of Employees


Location

  • Wolfden Resources Corporation
  • Unit 5
  • 1100 Russell Street
  • Thunder Bay
  • Ontario
  • P7B 5N2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WLFTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2012
WRCMUN (Boerse Muenchen)YesCommon SharesDEEUROct 2012
WLFF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2012

Biography

Wolfden Resources Corporation engages in the exploration and development of mineral properties in North America. The company explores for base metal deposits. It primarily holds a 100% interest in the Pick ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:43
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.