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Canadian Metals

CNSX:CME
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CME
CNSX
CA$899K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Canadian Metals Inc. engages in the acquisition, exploration, evaluation, and development of mineral properties in Quebec and New Brunswick. The last earnings update was 74 days ago. More info.


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CME Share Price and Events
7 Day Returns
-18.8%
CNSX:CME
-6%
CA Metals and Mining
-6.2%
CA Market
1 Year Returns
-89.2%
CNSX:CME
2.2%
CA Metals and Mining
-2%
CA Market
CME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Canadian Metals (CME) -18.8% -50% -68.3% -89.2% -92.8% -
CA Metals and Mining -6% -1% 4.9% 2.2% -4.5% 21.4%
CA Market -6.2% -5% -2.8% -2% 0.6% 8.9%
1 Year Return vs Industry and Market
  • CME underperformed the Metals and Mining industry which returned 2.2% over the past year.
  • CME underperformed the Market in Canada which returned -2% over the past year.
Price Volatility
CME
Industry
5yr Volatility vs Market

Value

 Is Canadian Metals 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 Canadian Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.065.
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 Canadian Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Canadian Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:CME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in CAD CA$-0.29
CNSX:CME Share Price ** CNSX (2020-02-28) in CAD CA$0.07
Canada Metals and Mining Industry PE Ratio Median Figure of 79 Publicly-Listed Metals and Mining Companies 15.4x
Canada Market PE Ratio Median Figure of 509 Publicly-Listed Companies 14.76x

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

** Primary Listing of Canadian Metals.

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

= CNSX:CME Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.29

-0.22x

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

  • Canadian Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Canadian Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Canadian Metals's expected growth come at a high price?
Raw Data
CNSX:CME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 40 Publicly-Listed Metals and Mining Companies 0.88x
Canada Market PEG Ratio Median Figure of 246 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 Canadian Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Canadian Metals's assets?
Raw Data
CNSX:CME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in CAD CA$0.22
CNSX:CME Share Price * CNSX (2020-02-28) in CAD CA$0.07
Canada Metals and Mining Industry PB Ratio Median Figure of 1,047 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,345 Publicly-Listed Companies 1.31x
CNSX:CME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:CME Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.22

0.3x

* Primary Listing of Canadian Metals.

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

  • Canadian Metals is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Canadian Metals'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. Canadian Metals has a total score of 1/6, 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 Canadian Metals 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 Canadian 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 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
15%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Canadian Metals expected to grow at an attractive rate?
  • Unable to compare Canadian Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Canadian Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Canadian Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:CME Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 15%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*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
CNSX:CME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:CME Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-10-31 -2 -4
2019-07-31 -3 -4
2019-04-30 -3 -4
2019-01-31 -3 -3
2018-10-31 -2 -2
2018-07-31 -1 -2
2018-04-30 -1 -1
2018-01-31 -1 -1
2017-10-31 -1 -1
2017-07-31 -1 -1
2017-04-30 -1 -2
2017-01-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Canadian Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Canadian Metals 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:CME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Canadian Metals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CME Past Financials Data
Date (Data in CAD Millions) EPS *
2019-10-31 -0.29
2019-07-31 -0.34
2019-04-30 -0.38
2019-01-31 -0.28
2018-10-31 -0.24
2018-07-31 -0.20
2018-04-30 -0.15
2018-01-31 -0.17
2017-10-31 -0.19
2017-07-31 -0.20
2017-04-30 -0.36
2017-01-31 -0.37

*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 Canadian Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CME’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. Canadian Metals'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. Canadian Metals's competitive advantages and company strategy can generally be found in its financial reports archived 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 Canadian Metals'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.
Canadian Metals 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 Canadian Metals 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 Canadian Metals'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.
  • Canadian Metals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Canadian Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Canadian Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Canadian Metals'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 Canadian Metals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CME Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 -3.68 1.19 0.00
2019-07-31 -4.16 1.72 0.01
2019-04-30 -4.48 2.23 0.01
2019-01-31 -3.05 2.25 0.01
2018-10-31 -2.28 2.01 0.01
2018-07-31 -1.62 1.38 0.00
2018-04-30 -0.94 0.73
2018-01-31 -0.82 0.63
2017-10-31 -0.83 0.65
2017-07-31 -0.85 0.70
2017-04-30 -1.52 1.05
2017-01-31 -1.48 1.01
2016-10-31 -1.50 1.07
2016-07-31 -1.43 1.01
2016-04-30 -0.83 0.78
2016-01-31 -0.95 0.90
2015-10-31 -0.96 0.93
2015-07-31 -0.91 0.91
2015-04-30 -0.92 0.81
2015-01-31 -0.80 0.70
2014-10-31 -0.64 0.55
2014-07-31 -0.77 0.69
2014-04-30 -0.80 0.75
2014-01-31 -0.78 0.77
2013-10-31 -0.82 0.82
2013-07-31 -0.57 0.57

*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 Canadian Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Canadian Metals has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Canadian Metals 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 Canadian Metals'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.
Canadian Metals 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 Canadian Metals'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 Canadian Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Canadian Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Canadian Metals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Canadian Metals'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 0.4x 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 Canadian Metals Company Filings, last reported 3 months ago.

CNSX:CME Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 2.91 1.16 0.21
2019-07-31 3.31 1.08 0.44
2019-04-30 3.73 1.08 0.42
2019-01-31 5.03 1.00 0.73
2018-10-31 5.37 1.01 2.26
2018-07-31 6.16 0.97 3.49
2018-04-30 6.22 1.28 4.16
2018-01-31 3.02 1.02 2.11
2017-10-31 0.42 1.02 0.12
2017-07-31 0.56 0.96 0.33
2017-04-30 0.64 1.00 0.58
2017-01-31 0.49 0.95 0.58
2016-10-31 0.32 0.60 0.06
2016-07-31 0.51 0.57 0.20
2016-04-30 0.93 0.57 0.38
2016-01-31 0.50 0.53 0.08
2015-10-31 0.32 0.54 0.16
2015-07-31 0.49 0.51 0.43
2015-04-30 0.55 0.03 0.12
2015-01-31 0.19 0.03 0.01
2014-10-31 0.48 0.03 0.03
2014-07-31 0.61 0.03 0.12
2014-04-30 0.65 0.00 0.33
2014-01-31 0.62 0.00 0.23
2013-10-31 0.63 0.00 0.42
2013-07-31 0.67 0.00 0.64
  • Canadian Metals's level of debt (40%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.1% vs 40% 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.

  • Canadian Metals has less than a year of cash runway based on current free cash flow.
  • Canadian Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.
X
Financial health checks
We assess Canadian Metals'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. Canadian Metals 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 Canadian Metals'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 Canadian Metals dividends.
If you bought CA$2,000 of Canadian Metals 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 Canadian Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Canadian Metals'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:CME 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.9%

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 Canadian Metals has not reported any payouts.
  • Unable to verify if Canadian Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Canadian Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Canadian Metals 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 Canadian Metals'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 Canadian Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Canadian Metals 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 Canadian Metals'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
Michel Gagnon
COMPENSATION CA$17,500
TENURE AS CEO 0.2 years
CEO Bio

Mr. Michel G. Gagnon, ICD.D., has been an Interim Chairman and Chief Executive Officer of Canadian Metals Inc. since December 2, 2019. Mr. Gagnon serves as Director of Canadian Metals Inc. and served as its Independent Director since February 5, 2015 and served as Chairman of the Board at Canadian Metals Inc. since February 2019 until July 08, 2019.. He served as Vice President of Finance and Business Development of Aluminerie Alouette Inc. for nine years since 2002 and served as its Corporate Secretary. Mr. Gagnon encompassed the Purchasing Department as well as raw materials and logistics, General Services, Financial Services and Risk Management, Strategic Development and Logistics including transportation of finished products. An active member of the negotiating team at Aluminerie Alouette, Mr. Gagnon was instrumental in obtaining investments of two billion dollars and a power supply contract with Hydro Quebec valued at more than five billion dollars. Mr. Gagnon is an Executive developing a large energy project in Quebéc. Mr. Gagnon is an innovative and highly accomplished executive with business and management experience in his native province of Quebéc. He has worked for Aluminerie Alouette for 25 years until November 2012. Throughout his distinguished service, he also actively contributed to its development and success. During his tenure at Aluminiere Alouette, he oversaw many major projects, including the expansion of its Sept-îles facility, which stands as one of the largest private construction projects ever in Quebéc and it remains a world benchmark in the building and commissioning of aluminum plants. Mr. Gagnon joined La société générale de financement du Québec (SGF) as corporate development analyst. In 1991, two years after the construction of Alouette in Sept-Îles is officially announced, he returns to his hometown to begin his career in aluminum. Over the years, he holds several management positions within Alouette. He has been Chairman of the Board of Alliance Magnesium Inc. since January 13, 2017. He is a recognized financial executive. From June 2014 to November 2017, he had been President of GNL, Quebec Inc. He is Chairman and Chief Executive Officer of a company in the light metal industry since November 2017 and is also a Board member of companies involved in the mining and light metals production. He serves as a Director of Alliance Magnesium Inc. He has been Independent Director of Cartier Iron Corporation since October 23, 2014. He is also a Board member of a marine transportation company as well as one in the metals industry. In 2012, he was awarded "Chief Financial Officer of the year" in the private corporation category by the Quebéc chapter of Financial Executives International Canada, an all-industry professional association for senior financial executives. Mr. Gagnon is also a member of the Institute of Corporate Directors and serves on several boards. Mr. Gagnon holds a BA (Management Accounting option) from the University of Quebec at Montreal.

CEO Compensation
  • Michel's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Michel's remuneration is lower than average for companies of similar size in Canada.
Management Team

Michel Gagnon

TITLE
Interim Chairman & CEO
COMPENSATION
CA$18K
TENURE
0.2 yrs

Stéphane Leblanc

TITLE
Founder & VP of Corporate Development
COMPENSATION
CA$230K
AGE
38

Patsie Ducharme

TITLE
Ouside Advisor
COMPENSATION
CA$148K
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure of the Canadian Metals board of directors in years:

1.3
Average Tenure
  • The average tenure for the Canadian Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Guy Chamard

TITLE
Member of The Advisory Committee

Michel Gagnon

TITLE
Interim Chairman & CEO
COMPENSATION
CA$18K
TENURE
0.2 yrs

Victor Cantore

TITLE
Member of Advisory Committee
AGE
53
TENURE
1.1 yrs

Pierre Renaud

TITLE
Independent Director
COMPENSATION
CA$19K
TENURE
1.3 yrs

Guy Simard

TITLE
Independent Director
TENURE
2.9 yrs

Paul Dumas

TITLE
Independent Director
TENURE
1.8 yrs

Roger Urquhart

TITLE
Independent Director
COMPENSATION
CA$19K
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
29. Oct 19 Buy Gerald Panneton Individual 25. Oct 19 25. Oct 19 3,000 CA$0.25 CA$750
01. Oct 19 Buy Gerald Panneton Individual 26. Sep 19 26. Sep 19 5,000 CA$0.42 CA$2,120
17. Sep 19 Buy Gerald Panneton Individual 13. Sep 19 13. Sep 19 10,000 CA$0.35 CA$3,500
06. Sep 19 Buy Gerald Panneton Individual 03. Sep 19 03. Sep 19 10,000 CA$0.40 CA$4,000
29. Aug 19 Buy Gerald Panneton Individual 27. Aug 19 27. Aug 19 10,000 CA$0.40 CA$4,000
25. Aug 19 Buy Gerald Panneton Individual 22. Aug 19 22. Aug 19 12,100 CA$0.45 CA$5,445
20. Aug 19 Buy Gerald Panneton Individual 19. Aug 19 19. Aug 19 5,000 CA$0.45 CA$2,250
17. Aug 19 Buy Gerald Panneton Individual 15. Aug 19 15. Aug 19 3,500 CA$0.50 CA$1,750
13. Aug 19 Buy Gerald Panneton Individual 12. Aug 19 12. Aug 19 7,800 CA$0.45 CA$3,510
09. Aug 19 Buy Gerald Panneton Individual 07. Aug 19 07. Aug 19 4,300 CA$0.50 CA$2,141
05. Aug 19 Buy Gerald Panneton Individual 01. Aug 19 02. Aug 19 7,200 CA$0.50 CA$3,456
01. Aug 19 Buy Gerald Panneton Individual 30. Jul 19 30. Jul 19 5,700 CA$0.55 CA$3,135
30. Jul 19 Buy Gerald Panneton Individual 29. Jul 19 29. Jul 19 40,000 CA$0.51 CA$19,200
26. Jul 19 Buy Stéphane Leblanc Individual 24. Jul 19 24. Jul 19 4,600 CA$0.60 CA$2,625
26. Jul 19 Buy Gerald Panneton Individual 23. Jul 19 26. Jul 19 20,000 CA$0.55 CA$10,126
24. Jul 19 Buy Gerald Panneton Individual 22. Jul 19 22. Jul 19 10,000 CA$0.50 CA$5,000
19. Jul 19 Buy Stéphane Leblanc Individual 17. Jul 19 17. Jul 19 12,000 CA$0.70 CA$7,025
19. Jul 19 Buy Gerald Panneton Individual 16. Jul 19 17. Jul 19 39,900 CA$0.50 CA$18,962
17. Jul 19 Buy Stéphane Leblanc Individual 16. Jul 19 16. Jul 19 19,300 CA$0.50 CA$9,650
25. May 19 Buy Michel Gagnon Individual 21. May 19 21. May 19 26,500 CA$0.64 CA$16,960
03. May 19 Buy Stéphane Leblanc Individual 02. May 19 03. May 19 22,700 CA$0.55 CA$11,829
03. May 19 Buy Patsie Ducharme Individual 03. May 19 03. May 19 20,000 CA$0.55 CA$11,000
X
Management checks
We assess Canadian Metals'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. Canadian Metals 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

What Percentage Of Canadian Metals Inc. (CNSX:CME) Shares Do Insiders Own?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' With a market capitalization of CA$7.3m, Canadian Metals is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Canadian Metals CNSX:CME Ownership Summary, August 1st 2019 What Does The Institutional Ownership Tell Us About Canadian Metals? … Insider Ownership Of Canadian Metals The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Are Insiders Buying Canadian Metals Inc. (CNSX:CME) Stock?

CNSX:CME Recent Insider Trading, June 6th 2019 Canadian Metals is not the only stock insiders are buying. … Insiders at Canadian Metals Have Bought Stock Recently Over the last three months, we've seen a bit of insider buying at Canadian Metals. … Insider Ownership of Canadian Metals For a common shareholder, it is worth checking how many shares are held by company insiders.

Simply Wall St -

How Much Of Canadian Metals Inc. (CNSX:CME) Do Insiders Own?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … With a market capitalization of CA$7.5m, Canadian Metals is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Canadian Metals

Simply Wall St -

Company Info

Description

Canadian Metals Inc. engages in the acquisition, exploration, evaluation, and development of mineral properties in Quebec and New Brunswick. It explores for silica, zinc, and iron. The company focuses on development of Baie-Comeau silicon industrial project. It also holds 20% interest in the Silicate Lake, Seignelay, Lac Robot, Baie-Trinité, and Mouchalagane properties. The company was founded in 2012 and is headquartered in Val-d’Or, Canada.

Details
Name: Canadian Metals Inc.
CME
Exchange: CNSX
Founded: 2012
CA$898,748
13,826,893
Website: http://www.canadianmetalsinc.com
Address: Canadian Metals Inc.
866, 3ieme Avenue,
Val-d’Or,
Quebec, J9P 1T1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX CME Ordinary Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
DB OXJA Ordinary Shares Deutsche Boerse AG DE EUR 23. Oct 2015
CNSX CME Units Canadian National Stock Exchange CA CAD 29. Feb 2020
Number of employees
Current staff
Staff numbers
0
Canadian Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/29 02:20
End of day share price update: 2020/02/28 00:00
Last earnings filing: 2019/12/17
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/07/31


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.