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McLaren Resources

CNSX:MCL
Snowflake Description

Adequate balance sheet with weak fundamentals.

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

McLaren Resources Inc. engages in the acquisition, exploration, and development of gold properties in Canada. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • McLaren Resources has significant price volatility in the past 3 months.
MCL Share Price and Events
7 Day Returns
40%
CNSX:MCL
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
0%
CNSX:MCL
22%
CA Metals and Mining
-0.1%
CA Market
MCL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
McLaren Resources (MCL) 40% 16.7% 40% 0% - -
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
  • MCL underperformed the Metals and Mining industry which returned 22% over the past year.
  • MCL matched the Canada Market (-0.1%) over the past year.
Price Volatility
MCL
Industry
5yr Volatility vs Market

Value

 Is McLaren Resources 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 McLaren Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.035.
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 McLaren Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are McLaren Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MCL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.01
CNSX:MCL Share Price ** CNSX (2019-09-19) in CAD CA$0.04
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 McLaren Resources.

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

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

= 0.04 ÷ -0.01

-2.71x

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

  • McLaren Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • McLaren Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does McLaren Resources's expected growth come at a high price?
Raw Data
CNSX:MCL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.71x
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 McLaren Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on McLaren Resources's assets?
Raw Data
CNSX:MCL 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:MCL Share Price * CNSX (2019-09-19) in CAD CA$0.04
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:MCL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.00

17.96x

* Primary Listing of McLaren Resources.

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

  • McLaren Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess McLaren Resources'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. McLaren Resources 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 McLaren Resources 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 McLaren Resources 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 McLaren Resources expected to grow at an attractive rate?
  • Unable to compare McLaren Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare McLaren Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare McLaren Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MCL 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:MCL 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:MCL 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 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 0 -1
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 McLaren Resources is high growth as no earnings estimate data is available.
  • Unable to determine if McLaren Resources 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:MCL 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 McLaren Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

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

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

Next steps:

  1. Examine McLaren Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. McLaren Resources'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. McLaren Resources'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 McLaren Resources'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.
McLaren Resources 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 McLaren Resources 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 McLaren Resources'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.
  • McLaren Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare McLaren Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare McLaren Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
McLaren Resources'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 McLaren Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MCL 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 -0.69 0.62
2019-03-31 -0.82 0.74
2018-12-31 -1.11 1.03
2018-09-30 -1.01 1.05
2018-06-30 -0.66 0.77
2018-03-31 -0.57 0.69
2017-12-31 -0.50 0.64
2017-09-30 -0.32 0.31
2017-06-30 -0.40 0.40
2017-03-31 -0.18 0.33
2016-12-31 -0.09 0.07
2016-09-30 0.08 0.08
2016-06-30 -0.02 0.12
2016-03-31 -0.17 0.10
2015-12-31 0.03 0.08
2015-09-30 -0.03 0.08
2015-06-30 0.02 0.08
2015-03-31 -0.02 0.12
2014-12-31 -0.10 0.18
2014-09-30 -0.27 0.25
2014-06-30 -0.30 0.27
2014-03-31 -0.53 0.49
2013-12-31 -0.60 0.55
2013-09-30 -0.63 0.57
2013-06-30 -1.09 1.07
2013-03-31 -1.00 0.93
2012-12-31 -0.70 0.71
2012-09-30 -0.97 1.03

*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 McLaren Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if McLaren Resources 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 McLaren Resources 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 McLaren Resources'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.
McLaren Resources 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 McLaren Resources'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 McLaren Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • McLaren Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • McLaren Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of McLaren Resources'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.
  • Low level of unsold assets.
  • McLaren Resources 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 McLaren Resources Company Filings, last reported 2 months ago.

CNSX:MCL Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 0.11 0.00 0.13
2019-03-31 0.15 0.00 0.21
2018-12-31 0.21 0.00 0.21
2018-09-30 0.49 0.00 0.43
2018-06-30 0.67 0.00 0.61
2018-03-31 0.83 0.02 0.74
2017-12-31 0.51 0.06 0.57
2017-09-30 0.40 0.00 0.48
2017-06-30 0.30 0.00 0.49
2017-03-31 0.36 0.00 0.52
2016-12-31 -0.12 0.10 0.18
2016-09-30 -0.16 0.10 0.01
2016-06-30 -0.16 0.10 0.01
2016-03-31 -0.13 0.10 0.04
2015-12-31 -0.10 0.10 0.08
2015-09-30 -0.26 0.00 0.00
2015-06-30 -0.16 0.00 0.01
2015-03-31 -0.15 0.00 0.02
2014-12-31 -0.15 0.00 0.02
2014-09-30 -0.23 0.00 0.03
2014-06-30 -0.18 0.00 0.03
2014-03-31 -0.13 0.00 0.04
2013-12-31 -0.05 0.00 0.05
2013-09-30 0.02 0.00 0.09
2013-06-30 0.10 0.00 0.15
2013-03-31 0.39 0.00 0.43
2012-12-31 0.54 0.00 0.60
2012-09-30 0.48 0.00 0.58
  • McLaren Resources has no debt.
  • McLaren Resources 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.

  • McLaren Resources has less than a year of cash runway based on current free cash flow.
  • McLaren Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 70.2% each year.
X
Financial health checks
We assess McLaren Resources'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. McLaren Resources has a total score of 4/6, 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 McLaren Resources'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 McLaren Resources dividends.
If you bought CA$2,000 of McLaren Resources 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 McLaren Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate McLaren Resources'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:MCL 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 McLaren Resources has not reported any payouts.
  • Unable to verify if McLaren Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of McLaren Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as McLaren Resources 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 McLaren Resources'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 McLaren Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. McLaren Resources 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 McLaren Resources'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
Radovan Danilovsky
COMPENSATION CA$42,000
TENURE AS CEO 1.7 years
CEO Bio

Mr. Radovan Danilovsky is President of McLaren Resources Inc since January 11, 2018 and served as its Interim President since April 18, 2017. Mr. Danilovsky serves as an Equity Analyst of Accilent Capital Management Inc. Mr. Danilovsky provides research, due diligence and risk assessment of potential investee companies for Accilent Capital Management’s investment funds. Prior to this, he worked at JVX Ltd. as an Independent Technical Writer for Scientific Research and Experimental Development Tax Refund Program. Mr. Danilovsky did an M.Sc. in Applied Mechanics from Université Pierre et Marie Curie, Paris VI, Masters in Management of Technological Projects from ESSEC Business School and B.Sc. from University of Toronto.

CEO Compensation
  • Radovan's compensation has increased whilst company is loss making.
  • Radovan's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the McLaren Resources management team in years:

2.4
Average Tenure
  • The tenure for the McLaren Resources management team is about average.
Management Team

John Heslop

TITLE
Executive Chairman
COMPENSATION
CA$21K
TENURE
2.4 yrs

Radovan Danilovsky

TITLE
President
COMPENSATION
CA$42K
TENURE
1.7 yrs

Dave McDonald

TITLE
Chief Financial Officer
COMPENSATION
CA$32K
TENURE
2.4 yrs

Gerry McDonald

TITLE
Operations Manager

Nadim Wakeam

TITLE
Corporate Secretary
AGE
66
Board of Directors Tenure

Average tenure of the McLaren Resources board of directors in years:

6.5
Average Tenure
  • The tenure for the McLaren Resources board of directors is about average.
Board of Directors

John Heslop

TITLE
Executive Chairman
COMPENSATION
CA$21K
TENURE
2.4 yrs

John Holko

TITLE
Director
TENURE
12.7 yrs

Paul Crath

TITLE
Director
AGE
49
TENURE
10.7 yrs

Andrew Ramcharan

TITLE
Director
AGE
47
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by McLaren Resources individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
18. Jul 19 Buy Radovan Danilovsky Individual 15. Jul 19 15. Jul 19 27,000 CA$0.04 CA$945
10. Jul 19 Buy Radovan Danilovsky Individual 09. Jul 19 09. Jul 19 73,000 CA$0.04 CA$2,555
X
Management checks
We assess McLaren Resources'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. McLaren Resources 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

Some McLaren Resources (CNSX:MCL) Shareholders Have Copped A Big 64% Share Price Drop

Unfortunately, shareholders of McLaren Resources Inc. … Check out our latest analysis for McLaren Resources McLaren Resources hasn't yet reported any revenue yet, so it's as much a business idea as an actual business. … A Different Perspective Given that the market gained 0.07% in the last year, McLaren Resources shareholders might be miffed that they lost 64%.

Simply Wall St -

How McLaren Resources Inc. (CNSX:MCL) Can Impact Your Portfolio Volatility

(CNSX:MCL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

What Kind Of Shareholder Owns Most McLaren Resources Inc (CNSX:MCL) Stock?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership. … McLaren Resources is not a large company by global standards.

Simply Wall St -

Who Are The Major Shareholders In McLaren Resources Inc (CNSX:MCL)?

I am going to take a deep dive into McLaren Resources Inc’s (CNSX:MCL) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity.

Simply Wall St -

Company Info

Description

McLaren Resources Inc. engages in the acquisition, exploration, and development of gold properties in Canada. It holds interest in the Augdome Gold Property located in Tisdale and Whitney Townships in the prolific Timmins Gold District, Northeastern Ontario; the TimGinn Gold Property; and Blue Quartz and Blue Quartz Extension property located in the Beatty Township, Ontario. McLaren Resources Inc. was incorporated in 1999 and is headquartered in Toronto, Canada.

Details
Name: McLaren Resources Inc.
MCL
Exchange: CNSX
Founded: 1999
CA$1,924,142
54,975,511
Website: http://www.mclarenresources.com
Address: McLaren Resources Inc.
44 Victoria Street,
Suite 1616,
Toronto,
Ontario, M5C 1Y2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX MCL Common Shares Canadian National Stock Exchange CA CAD 20. Sep 2007
OTCPK MLRN.F Common Shares Pink Sheets LLC US USD 20. Sep 2007
DB 3ML Common Shares Deutsche Boerse AG DE EUR 20. Sep 2007
Number of employees
Current staff
Staff numbers
0
McLaren Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:21
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/07/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/09/30


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.