Loading...

We've got a brand new version of Simply Wall St! Try it out

Newlox Gold Ventures

CNSX:LUX
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LUX
CNSX
€2M
Market Cap
  1. Home
  2. CA
  3. Capital Goods
Company description

Newlox Gold Ventures Corp. operates as a precious metal trading and environmental reclamation technology company in Canada. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • Newlox Gold Ventures has significant price volatility in the past 3 months.
LUX Share Price and Events
7 Day Returns
-9.1%
CNSX:LUX
-1.7%
CA Trade Distributors
1.3%
CA Market
1 Year Returns
25%
CNSX:LUX
-18.2%
CA Trade Distributors
-0.1%
CA Market
LUX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Newlox Gold Ventures (LUX) -9.1% -16.7% 0% 25% 100% -
CA Trade Distributors -1.7% 2.5% 1.9% -18.2% 11.1% 1.1%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • LUX outperformed the Trade Distributors industry which returned -18.2% over the past year.
  • LUX outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
LUX
Industry
5yr Volatility vs Market

Value

 Is Newlox Gold Ventures 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.

In this section, we usually try to help investors determine whether Newlox Gold Ventures is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Newlox Gold Ventures has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Newlox Gold Ventures. This is due to cash flow or dividend data being unavailable. The share price is CA$0.05.
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 Newlox Gold Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Newlox Gold Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:LUX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.01
DB:NGO Share Price ** DB (2019-09-19) in EUR €0.03
DB:NGO Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.459 CA$0.04
Canada Trade Distributors Industry PE Ratio Median Figure of 13 Publicly-Listed Trade Distributors Companies 13.63x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of Newlox Gold Ventures.

CNSX:LUX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:NGO Share Price ÷ EPS (both in CAD)

= 0.04 ÷ -0.01

-7.43x

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

  • Newlox Gold Ventures is loss making, we can't compare its value to the CA Trade Distributors industry average.
  • Newlox Gold Ventures is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Newlox Gold Ventures's expected growth come at a high price?
Raw Data
CNSX:LUX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Trade Distributors Industry PEG Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 0.69x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*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 Newlox Gold Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Newlox Gold Ventures's assets?
Raw Data
CNSX:LUX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$-0.01
DB:NGO Share Price * DB (2019-09-19) in EUR €0.03
DB:NGO Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.459 CA$0.04
Canada Trade Distributors Industry PB Ratio Median Figure of 17 Publicly-Listed Trade Distributors Companies 0.88x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:LUX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:NGO Share Price ÷ Book Value per Share (both in CAD)

= 0.04 ÷ -0.01

-5.67x

* Primary Listing of Newlox Gold Ventures.

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

  • Newlox Gold Ventures has negative assets, we can't compare the value of its assets to the CA Trade Distributors industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Newlox Gold Ventures's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Trade Distributors industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Newlox Gold Ventures'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Newlox Gold Ventures 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.

Future Performance

 How is Newlox Gold Ventures 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 Newlox Gold Ventures 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
11.8%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Newlox Gold Ventures expected to grow at an attractive rate?
  • Unable to compare Newlox Gold Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Newlox Gold Ventures's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Newlox Gold Ventures's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:LUX Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Canada Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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
CNSX:LUX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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.
CNSX:LUX Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 0 0
2019-03-31 0 -1
2018-12-31 -1 -1
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 0
2017-12-31 0 -2
2017-09-30 0 -2
2017-06-30 0 -2
2017-03-31 0 -2
2016-12-31 0 0 -1
2016-09-30 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Newlox Gold Ventures is high growth as no earnings estimate data is available.
  • Unable to determine if Newlox Gold Ventures 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
CNSX:LUX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Newlox Gold Ventures Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:LUX Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 -0.02
2017-09-30 -0.03
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.01
2016-09-30 -0.01

*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 Newlox Gold Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Newlox Gold Ventures'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 Capital Goods companies here
  2. Newlox Gold Ventures's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Newlox Gold Ventures'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
Newlox Gold Ventures 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.

Past Performance

  How has Newlox Gold Ventures 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 Newlox Gold Ventures's growth in the last year to its industry (Trade Distributors).
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.
  • Newlox Gold Ventures does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Newlox Gold Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Newlox Gold Ventures's 1-year growth to the CA Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Newlox Gold Ventures'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 Newlox Gold Ventures Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:LUX Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 0.04 -0.38 0.56
2019-03-31 -0.77 0.66
2018-12-31 -1.01 0.78
2018-09-30 -0.59 0.80
2018-06-30 -0.57 0.95
2018-03-31 -0.22 0.78
2017-12-31 -1.54 0.58
2017-09-30 -2.07 0.61
2017-06-30 -2.00 0.37
2017-03-31 -2.18 0.37
2016-12-31 -0.03 -0.61 0.47
2016-09-30 -0.02 -0.49 0.37
2016-06-30 0.01 -0.46 0.34
2016-03-31 0.06 -0.46 0.34
2015-12-31 0.12 -0.40 0.23
2015-09-30 0.13 -0.42 0.28
2015-06-30 0.25 -0.42 0.30
2015-03-31 0.43 -0.36 0.28
2014-12-31 0.40 -0.32 0.26
2014-09-30 0.38 -0.32 0.23
2014-06-30 0.23 -0.25 0.20
2014-03-31 -0.30 0.20
2013-12-31 -0.18 0.20
2013-09-30 -0.10 0.12
2013-06-30 -0.14 0.09
2013-03-31 -0.11 0.07
2012-12-31 -0.14 0.05
2012-09-30 -0.14 0.06

*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 Newlox Gold Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Newlox Gold Ventures has efficiently used its assets last year compared to the CA Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Newlox Gold Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Newlox Gold Ventures'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 Trade Distributors 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.
Newlox Gold Ventures 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.

Health

 How is Newlox Gold Ventures'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 Newlox Gold Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Newlox Gold Ventures's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Newlox Gold Ventures has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Newlox Gold Ventures'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.
  • Newlox Gold Ventures has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Newlox Gold Ventures Company Filings, last reported 2 months ago.

CNSX:LUX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -0.50 0.00 0.09
2019-03-31 -0.69 0.00 0.01
2018-12-31 -0.41 0.11 0.02
2018-09-30 -0.33 0.07 0.02
2018-06-30 -0.14 0.00 0.06
2018-03-31 0.07 0.00 0.20
2017-12-31 0.34 0.00 0.27
2017-09-30 0.01 0.00 0.10
2017-06-30 -0.56 0.49 0.08
2017-03-31 -0.74 0.47 0.01
2016-12-31 1.12 0.32 0.00
2016-09-30 1.17 0.32 0.01
2016-06-30 1.22 0.32 0.01
2016-03-31 1.11 0.35 0.00
2015-12-31 1.12 0.32 0.00
2015-09-30 1.21 0.27 0.00
2015-06-30 1.21 0.28 0.04
2015-03-31 1.22 0.29 0.03
2014-12-31 1.18 0.39 0.19
2014-09-30 1.27 0.00 0.00
2014-06-30 1.34 0.00 0.04
2014-03-31 0.32 0.00 0.04
2013-12-31 0.05 0.00 0.03
2013-09-30 0.05 0.00 0.00
2013-06-30 0.04 0.00 0.02
2013-03-31 0.09 0.00 0.03
2012-12-31 0.10 0.00 0.05
2012-09-30 0.14 0.00 0.10
  • Newlox Gold Ventures has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Newlox Gold Ventures's debt level has increased considering it has negative shareholder equity.
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.

  • Newlox Gold Ventures has less than a year of cash runway based on current free cash flow.
  • Newlox Gold Ventures has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.1% each year.
X
Financial health checks
We assess Newlox Gold Ventures'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. Newlox Gold Ventures 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.

Dividends

 What is Newlox Gold Ventures'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 Newlox Gold Ventures dividends.
If you bought CA$2,000 of Newlox Gold Ventures shares you are expected to receive CA$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 Newlox Gold Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Newlox Gold Ventures'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
CNSX:LUX 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
Canada Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

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 Newlox Gold Ventures has not reported any payouts.
  • Unable to verify if Newlox Gold Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Newlox Gold Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Newlox Gold Ventures 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 Newlox Gold Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Newlox Gold Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Newlox Gold Ventures 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.

Management

 What is the CEO of Newlox Gold Ventures'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
Gary MacDonald
COMPENSATION CA$0
TENURE AS CEO 4.9 years
CEO Bio

Mr. Gary Macdonald has been the Chief Executive Officer of Newlox Gold Ventures Corp. October 06, 2014 and served as its Senior Advisor To The Board since August 2014. Mr. Macdonald possesses over 25 years of Natural Resource experience with an extensive background in the mining resource sector. He serves on the board of several public and private companies. He has operated internationally in North/South America, Africa and the Middle East. Roles and involvement have been all-encompassing from field to boardroom consisting of initial assessment and diligence, (pre-start-up), financing, exploration, through to development, operations, production, management and negotiating asset /company buyouts. He has been a Director of Newlox Gold Ventures Corp. since October 06, 2014.

CEO Compensation
  • Insufficient data for Gary to compare compensation growth.
  • Insufficient data for Gary to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Newlox Gold Ventures management team in years:

4.9
Average Tenure
  • The tenure for the Newlox Gold Ventures management team is about average.
Management Team

Gary MacDonald

TITLE
CEO & Director
TENURE
4.9 yrs

Ryan Jackson

TITLE
President & Director
COMPENSATION
CA$137K
TENURE
4.9 yrs

Jeffrey Benavides

TITLE
CFO & Director
COMPENSATION
CA$47K
TENURE
5.4 yrs

Donna Moroney

TITLE
Corporate Secretary
AGE
59
TENURE
3.9 yrs
Board of Directors Tenure

Average tenure of the Newlox Gold Ventures board of directors in years:

5.2
Average Tenure
  • The tenure for the Newlox Gold Ventures board of directors is about average.
Board of Directors

Gary MacDonald

TITLE
CEO & Director
TENURE
4.9 yrs

Ryan Jackson

TITLE
President & Director
COMPENSATION
CA$137K
TENURE
5.7 yrs

Jeffrey Benavides

TITLE
CFO & Director
COMPENSATION
CA$47K
TENURE
5.4 yrs

Dave Carkeek

TITLE
Independent Director
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Newlox Gold Ventures'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. Newlox Gold Ventures 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.

News

Simply Wall St News

Company Info

Description

Newlox Gold Ventures Corp. operates as a precious metal trading and environmental reclamation technology company in Canada. It trades in gold and precious metals. The company was incorporated in 2011 and is headquartered in West Vancouver, Canada.

Details
Name: Newlox Gold Ventures Corp.
LUX
Exchange: CNSX
Founded: 2011
€2,856,254
72,232,314
Website: http://www.newloxgold.com
Address: Newlox Gold Ventures Corp.
60 Laurie Crescent,
West Vancouver,
British Columbia, V7S 1B7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB NGO Common Shares Deutsche Boerse AG DE EUR 17. Dec 2013
CNSX LUX Common Shares Canadian National Stock Exchange CA CAD 17. Dec 2013
Number of employees
Current staff
Staff numbers
0
Newlox Gold Ventures employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:33
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/03/31


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.