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First Energy Metals

CNSX:FE
Snowflake Description

Mediocre balance sheet with weak fundamentals.

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

First Energy Metals Limited, an early stage exploration company, explores and develops mineral properties. The last earnings update was 23 days ago. More info.


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FE Share Price and Events
7 Day Returns
-
CNSX:FE
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
-72.5%
CNSX:FE
22%
CA Metals and Mining
-0.1%
CA Market
FE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
First Energy Metals (FE) - -26.7% -68.6% -72.5% -87.8% -68.6%
CA Metals and Mining 3.4% 1.6% 9.1% 22% -11.7% 0.3%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • FE underperformed the Metals and Mining industry which returned 22% over the past year.
  • FE underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
FE
Industry
5yr Volatility vs Market

Value

 Is First Energy 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 First Energy Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.055.
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 First Energy Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are First Energy Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:FE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.03
CNSX:FE Share Price ** CNSX (2019-09-19) in CAD CA$0.06
Canada Metals and Mining Industry PE Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 14.39x
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 First Energy Metals.

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

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

= 0.06 ÷ -0.03

-1.63x

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

  • First Energy Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • First Energy Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does First Energy Metals's expected growth come at a high price?
Raw Data
CNSX:FE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.63x
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 31 Publicly-Listed Metals and Mining Companies 1.06x
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 First Energy Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on First Energy Metals's assets?
Raw Data
CNSX:FE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.00
CNSX:FE Share Price * CNSX (2019-09-19) in CAD CA$0.06
Canada Metals and Mining Industry PB Ratio Median Figure of 1,098 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:FE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ 0.00

16.06x

* Primary Listing of First Energy Metals.

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

  • First Energy Metals is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess First Energy 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. First Energy Metals 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 First Energy 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 First Energy 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
34.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is First Energy Metals expected to grow at an attractive rate?
  • Unable to compare First Energy Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare First Energy Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare First Energy Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:FE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.8%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
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:FE 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:FE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 -1 -1
2019-03-31 -1 -1
2018-12-31 -1 -1
2018-09-30 0 -1
2018-06-30 0 -1
2018-03-31 0 -1
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if First Energy Metals is high growth as no earnings estimate data is available.
  • Unable to determine if First Energy 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:FE 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 First Energy Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:FE Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.05
2018-12-31 -0.09
2018-09-30 -0.10
2018-06-30 -0.11
2018-03-31 -0.09
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.05
2017-03-31 -0.05
2016-12-31 -0.05
2016-09-30 -0.05

*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 First Energy 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 FE’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. First Energy 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. First Energy 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 First Energy 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.
First Energy 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 First Energy 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 First Energy 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.
  • First Energy Metals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare First Energy Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare First Energy Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
First Energy 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 First Energy Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:FE 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 -0.53 0.44
2019-03-31 -0.67 0.51
2018-12-31 -1.12 0.43
2018-09-30 -1.07 0.41
2018-06-30 -1.11 0.47
2018-03-31 -0.86 0.30
2017-12-31 -0.23 0.20
2017-09-30 -0.28 0.24
2017-06-30 -0.35 0.31
2017-03-31 -0.36 0.32
2016-12-31 -0.33 0.29
2016-09-30 -0.32 0.27
2016-06-30 -0.18 0.13
2016-03-31 -0.11 0.19
2015-12-31 -0.18 0.26
2015-09-30 -0.22 0.33
2015-06-30 -0.27 0.38
2015-03-31 -0.41 0.38
2014-12-31 -0.14 0.10
2014-09-30 -0.27 0.21
2014-06-30 -0.69 0.60
2014-03-31 -0.76 0.70
2013-12-31 -1.32 1.23
2013-09-30 -1.62 1.40
2013-06-30 -1.55 1.33
2013-03-31 -1.09 0.78
2012-12-31 -1.94 1.55
2012-09-30 -2.00 1.64

*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 First Energy 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 First Energy 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 First Energy 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 First Energy 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.
First Energy 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 First Energy 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 First Energy Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • First Energy Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • First Energy Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of First Energy 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.
  • First Energy Metals has no debt, it does not need to be 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 First Energy Metals Company Filings, last reported 2 months ago.

CNSX:FE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 0.06 0.00 0.02
2019-03-31 0.20 0.00 0.22
2018-12-31 0.42 0.00 0.43
2018-09-30 -0.09 0.00 0.02
2018-06-30 -0.02 0.00 0.06
2018-03-31 0.16 0.08 0.38
2017-12-31 0.38 0.15 0.00
2017-09-30 0.42 0.05 0.00
2017-06-30 0.48 0.05 0.01
2017-03-31 0.51 0.00 0.04
2016-12-31 0.14 0.23 0.10
2016-09-30 -0.28 0.19 0.01
2016-06-30 -0.24 0.17 0.01
2016-03-31 -0.20 0.09 0.00
2015-12-31 -0.17 0.09 0.01
2015-09-30 -0.10 0.08 0.00
2015-06-30 -0.05 0.04 0.00
2015-03-31 -0.29 0.03 0.00
2014-12-31 -0.92 0.36 0.02
2014-09-30 -0.81 0.30 0.01
2014-06-30 -0.45 0.08 0.04
2014-03-31 -0.34 0.04 0.04
2013-12-31 -0.11 0.02 0.13
2013-09-30 -0.91 0.09 0.00
2013-06-30 -0.38 0.00 0.04
2013-03-31 -0.22 0.00 0.18
2012-12-31 0.17 0.00 0.40
2012-09-30 0.71 0.00 0.69
  • First Energy Metals has no debt.
  • First Energy Metals currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • First Energy Metals has less than a year of cash runway based on current free cash flow.
  • First Energy Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 44.9% each year.
X
Financial health checks
We assess First Energy 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. First Energy Metals has a total score of 3/6, 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 First Energy 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 First Energy Metals dividends.
If you bought CA$2,000 of First Energy 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 First Energy Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate First Energy 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:FE 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 1.1%
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 First Energy Metals has not reported any payouts.
  • Unable to verify if First Energy Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of First Energy Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as First Energy 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 First Energy 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 First Energy Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. First Energy 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 First Energy 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
Gurm Sangha
COMPENSATION CA$39,000
AGE 40
TENURE AS CEO 1.5 years
CEO Bio

Mr. Gurminder Sangha, also known as Gurm, B.Comm, has been Chief Executive Officer and Director of Targeted Microwave Solutions Inc. since November 01, 2018. Mr. Sangha serves as a Director of First Energy Metals Limited since December 22, 2017 and its President and Chief Executive Officer since March 26, 2018. He served as Corporate Secretary of Barrel Energy Inc. until October 23, 2018. He served as President and Chief Executive Officer of Barrel Energy Inc. until October 23, 2018. Mr. Sangha is an Independent Business Advisor to the resources industry and has over twelve years of management and financing expertise in both public and private companies. He focused on significant international exploration, development and mining ventures and all aspects of their structuring and finance. He served as Chief Financial Officer of Zanzibar Gold Inc. until January 2016. He served as Chief Executive Officer of SVT Capital Corp. since August 5, 2011 until January 01, 2015 and served as its President until January 13, 2016. He served as Consultant. He was an Independent Business Advisor to the Mining Industry. He served as Chief Financial Officer of New Carolin Gold Corp (formerly Module Resources Inc)., until March 14, 2007. His previous positions include: Business Development Manager at Scotia McLeod.; Commercial Banking Manager, Scotiabank; and Business Advisor to Norsemont Mining Inc. He served as Director of Barrel Energy Inc. October 23, 2018. He served as a Director of RockBridge Resources Inc. since December 16, 2013 until August 2018. He served as a Director of SVT Capital Corp. from February 22, 2010 to January 13, 2016. He served as Director of Global Hunter Corp. from April 14, 2010 to September 2014. He served as a Director of Majestic Gold Corp. from April 14, 2010 to March 12, 2013 and Zanzibar Gold Inc. until January 2016. He served as a Director of New Carolin Gold Corp until March 14, 2007 and Truezone Resources Inc. from August 2015 to October 2015. Mr. Sangha has served as a board member on various TSX-Venture listed companies in a wide range of industries including oil & gas, mining and exploration. While serving as a board member his duties include corporate finance, business development activities and governance. Mr. Sangha holds a Bachelor of Commerce degree.

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

Average tenure and age of the First Energy Metals management team in years:

1.6
Average Tenure
58
Average Age
  • The average tenure for the First Energy Metals management team is less than 2 years, this suggests a new team.
Management Team

Gurm Sangha

TITLE
President
COMPENSATION
CA$39K
AGE
40
TENURE
1.5 yrs

Jurgen Wolf

TITLE
CFO, Corporate Secretary & Director
AGE
83
TENURE
1.6 yrs

Muzaffer Sultan

TITLE
VP of Exploration & Director
COMPENSATION
CA$9K
TENURE
1.5 yrs

Alexander Pleson

TITLE
Consultant

Ron Lang

TITLE
AGE
58
TENURE
2.2 yrs

A. Drummond

TITLE
COMPENSATION
CA$9K
TENURE
5.2 yrs
Board of Directors Tenure

Average tenure of the First Energy Metals board of directors in years:

1.5
Average Tenure
  • The average tenure for the First Energy Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gurm Sangha

TITLE
President
COMPENSATION
CA$39K
AGE
40
TENURE
1.8 yrs

Jurgen Wolf

TITLE
CFO, Corporate Secretary & Director
AGE
83
TENURE
1.6 yrs

Muzaffer Sultan

TITLE
VP of Exploration & Director
COMPENSATION
CA$9K
TENURE
1.5 yrs

Lyle McLennan

TITLE
Director
TENURE
0.9 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$) Value (CA$)
23. Oct 18 Buy James Mackie Individual 22. Oct 18 22. Oct 18 41,666 CA$0.09 CA$3,750
X
Management checks
We assess First Energy 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. First Energy 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

One Thing To Remember About The First Energy Metals Limited (CNSX:FE) Share Price

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … View our latest analysis for First Energy Metals What we can learn from FE's beta value Given that it has a beta of 0.86, we can surmise that the First Energy Metals share price has not been strongly impacted by broader market volatility (over the last 5 years). … What this means for you: Since First Energy Metals is not heavily influenced by market moves, its share price is probably far more dependend on company specific developments.

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Company Info

Description

First Energy Metals Limited, an early stage exploration company, explores and develops mineral properties. Its properties include the Kaslo Silver property that covers an area of approximately 4,000 hectares located in southern British Columbia; the Phyllis Cobalt property that consists of 112 mineral claim units covering an area of approximately 1,750 hectares located in Kenora Mining District, Ontario; and the Russel Graphite property, which comprises 30 mineral claims covering an area of approximately 1,798.06 hectares located in Gatineau area of Quebec province. The company was formerly known as Agave Silver Corp. and changed its name to First Energy Metals Limited in December 2016. The company was incorporated in 1966 and is headquartered in Vancouver, Canada.

Details
Name: First Energy Metals Limited
FE
Exchange: CNSX
Founded: 1966
CA$1,586,790
17,631,003
Website: http://www.firstenergymetals.com
Address: First Energy Metals Limited
588 Broughton Street,
Suite 1206,
Vancouver,
British Columbia, V6G 3E3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX FE Common Shares Canadian National Stock Exchange CA CAD 24. Jan 1990
OTCPK ASKD.F Common Shares Pink Sheets LLC US USD 24. Jan 1990
DB DFLB Common Shares Deutsche Boerse AG DE EUR 24. Jan 1990
Number of employees
Current staff
Staff numbers
0
First Energy Metals employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/21 23:35
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.