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Mag One Products

CNSX:MDD
Snowflake Description

Weak fundamentals or lack of information.

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

Mag One Products Inc. develops and commercializes technologies for the processing and production of magnesium (Mg) metals, and Mg related compounds, byproducts, and co-products from serpentinite tailings. The last earnings update was 24 days ago. More info.


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MDD Share Price and Events
7 Day Returns
-21.7%
CNSX:MDD
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
-
CNSX:MDD
22%
CA Metals and Mining
-0.1%
CA Market
MDD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mag One Products (MDD) -21.7% -50% -10% - -90.8% -
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
  • No trading data on MDD.
  • No trading data on MDD.
Price Volatility
MDD
Industry
5yr Volatility vs Market

Value

 Is Mag One Products undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

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

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

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Mag One Products. This is due to cash flow or dividend data being unavailable. The share price is CA$0.09.
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 Mag One Products's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mag One Products's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MDD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.02
DB:304 Share Price ** DB (2019-09-20) in EUR €0.05
DB:304 Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.459 CA$0.08
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 Mag One Products.

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

= DB:304 Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.02

-3.59x

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

  • Mag One Products is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Mag One Products is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Mag One Products's expected growth come at a high price?
Raw Data
CNSX:MDD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.59x
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 Mag One Products, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mag One Products's assets?
Raw Data
CNSX:MDD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$-0.02
DB:304 Share Price * DB (2019-09-20) in EUR €0.05
DB:304 Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.459 CA$0.08
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:MDD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:304 Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ -0.02

-3.42x

* Primary Listing of Mag One Products.

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

  • Mag One Products has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of MDD’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. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Mag One Products's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Mag One Products'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. Mag One Products 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 Mag One Products 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 Mag One Products 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 Mag One Products expected to grow at an attractive rate?
  • Unable to compare Mag One Products's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Mag One Products's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Mag One Products's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MDD 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:MDD 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:MDD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 -1
2019-03-31 0 -1
2018-12-31 -1 -1
2018-09-30 -1 -2
2018-06-30 -2 -3
2018-03-31 -2 -3
2017-12-31 -2 -3
2017-09-30 -2 -3
2017-06-30 -2 -3
2017-03-31 -2 -2
2016-12-31 -2 -2
2016-09-30 -2 -6

*GAAP earnings excluding extraordinary items.

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

CNSX:MDD Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.02
2019-03-31 -0.03
2018-12-31 -0.03
2018-09-30 -0.05
2018-06-30 -0.08
2018-03-31 -0.08
2017-12-31 -0.09
2017-09-30 -0.08
2017-06-30 -0.08
2017-03-31 -0.07
2016-12-31 -0.07
2016-09-30 -0.17

*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 Mag One Products will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

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

CNSX:MDD 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 -0.94 0.30 0.47
2019-03-31 -1.29 0.37 0.72
2018-12-31 -1.42 0.43 0.77
2018-09-30 -2.08 0.55 0.83
2018-06-30 -3.32 1.59 0.75
2018-03-31 -3.29 1.52 0.74
2017-12-31 -3.38 1.57 0.78
2017-09-30 -2.83 1.53 0.71
2017-06-30 -2.60 1.10 0.88
2017-03-31 -2.48 1.22 0.70
2016-12-31 -2.46 1.24 0.68
2016-09-30 -5.54 4.54 0.53
2016-06-30 -4.64 4.19 0.40
2016-03-31 -4.38 4.08 0.26
2015-12-31 -4.07 3.92 0.10
2015-09-30 -0.60 0.49 0.07
2015-06-30 -0.07 -0.66 0.24
2015-03-31 -0.04 -0.33 0.21
2014-12-31 -0.02 -0.07 0.18
2014-09-30 -0.15 0.20
2014-06-30 0.09 -2.61 0.26
2013-09-30 0.07 -3.77 0.17

*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 Mag One Products has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Mag One Products 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 Mag One Products improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Mag One Products'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.
Mag One Products 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 Mag One Products'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 Mag One Products's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mag One Products's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Mag One Products's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Mag One Products'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.
  • Mag One Products has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mag One Products Company Filings, last reported 2 months ago.

CNSX:MDD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -1.15 0.15 0.06
2019-03-31 -1.66 0.16 0.11
2018-12-31 -1.56 0.15 0.02
2018-09-30 -1.31 0.15 0.03
2018-06-30 -1.02 0.20 0.03
2018-03-31 -0.57 0.00 0.02
2017-12-31 -0.23 0.00 0.05
2017-09-30 -0.08 0.12 0.02
2017-06-30 -0.50 0.63 0.05
2017-03-31 -0.34 0.60 0.12
2016-12-31 -0.15 0.67 0.28
2016-09-30 0.23 0.10 0.21
2016-06-30 0.45 0.10 0.56
2016-03-31 0.04 0.05 0.23
2015-12-31 0.06 0.05 0.15
2015-09-30 0.26 0.00 0.37
2015-06-30 0.30 0.00 0.34
2015-03-31 -0.09 0.00 0.01
2014-12-31 4.11 7.43 0.90
2014-09-30 4.64 7.25 1.47
2014-06-30 4.99 8.68 1.89
2013-09-30 4.29 8.67 2.06
  • Mag One Products has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Mag One Products's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Mag One Products has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Mag One Products has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Mag One Products'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. Mag One Products has a total score of 0/6, 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 Mag One Products'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 Mag One Products dividends.
If you bought CA$2,000 of Mag One Products 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 Mag One Products's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mag One Products'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:MDD 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 Mag One Products has not reported any payouts.
  • Unable to verify if Mag One Products's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mag One Products's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mag One Products 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 Mag One Products'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 Mag One Products afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mag One Products 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 Mag One Products'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
Gillian Holcroft
COMPENSATION CA$168,000
TENURE AS CEO 0.9 years
CEO Bio

Ms. Gillian Holcroft, B.Eng., M.Eng., serves as the Chief Executive Officer and President of Mag One Operations Inc., a subsidiary of Mag One Products Inc. Ms. Holcroft serves as Chairman and CEO at Mag One Products Inc. since October 2018. Ms. Holcroft has been President of Mag One Products Inc. since February 2017. Ms. Holcroft, a bilingual Executive Chemical Engineer with 25 years of experience, is responsible for all aspects of the development, engineering, construction and operation of Mag One’s production facilities. Her vast experience includes Mining and Metallurgical process development and operations (including magnesium metal production), the commercialization of advanced technology, green field EPC project management, US Department of Defense as well as International Trade. She is recognized for her strong planning abilities as demonstrated by negotiating and directing large and extremely complex projects. As a Senior Executive and Board Member in a market leading environmental technology company, she provided leadership and strategic direction and was recognized for her excellent communication skills and vision in opening up new markets. She played a vital role in taking a private company public through financing efforts in Canada and Europe. She has been Director of Mag One Products Inc. since February 10, 2017.

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

Average tenure of the Mag One Products management team in years:

0.9
Average Tenure
  • The average tenure for the Mag One Products management team is less than 2 years, this suggests a new team.
Management Team

Gillian Holcroft

TITLE
Chairman
COMPENSATION
CA$168K
TENURE
0.9 yrs

Nelson Skalbania

TITLE
Co-Founder & Strategic Advisor
COMPENSATION
CA$126K

Arnab De

TITLE
Chief Financial Officer
TENURE
0.7 yrs

Yu-Mei Han

TITLE
Technical Director

Jagmohan Singh

TITLE
Consultant
TENURE
3 yrs
Board of Directors Tenure

Average tenure of the Mag One Products board of directors in years:

0.5
Average Tenure
  • The average tenure for the Mag One Products board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gillian Holcroft

TITLE
Chairman
COMPENSATION
CA$168K
TENURE
0.9 yrs

Rod Burylo

TITLE
Director
TENURE
1.8 yrs

Frank Vlastelic

TITLE
Director
TENURE
0.2 yrs

Dean Journeaux

TITLE
Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Mag One Products 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$) Value (CA$)
09. Aug 19 Buy Gillian Holcroft Individual 08. Aug 19 08. Aug 19 360,000 CA$0.10 CA$36,000
20. Jun 19 Buy Nelson Skalbania Individual 23. May 19 23. May 19 1,680,000 CA$0.10 CA$168,000
28. May 19 Buy Gillian Holcroft Individual 23. May 19 23. May 19 1,080,000 CA$0.10 CA$108,000
28. Jan 19 Sell Nelson Skalbania Individual 25. Jan 19 25. Jan 19 -66,000 CA$0.10 CA$-3,465
26. Nov 18 Buy Nelson Skalbania Individual 23. Nov 18 23. Nov 18 23,000 CA$0.05 CA$1,150
X
Management checks
We assess Mag One Products'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. Mag One Products has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Mag One Products Inc. develops and commercializes technologies for the processing and production of magnesium (Mg) metals, and Mg related compounds, byproducts, and co-products from serpentinite tailings. The company was formerly known as Acana Capital Corp. and changed its name to Mag One Products Inc. in March 2015. Mag One Products Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Details
Name: Mag One Products Inc.
MDD
Exchange: CNSX
Founded: 2007
€4,153,362
54,844,903
Website: http://www.magoneproducts.com
Address: Mag One Products Inc.
925 Georgia Street West,
Suite 145,
Vancouver,
British Columbia, V6C 3L2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB 304 Common Shares Deutsche Boerse AG DE EUR 06. Jan 2015
OTCPK MGPR.F Common Shares Pink Sheets LLC US USD 06. Jan 2015
BST 304 Common Shares Boerse-Stuttgart DE EUR 06. Jan 2015
CNSX MDD Common Shares Canadian National Stock Exchange CA CAD 06. Jan 2015
Number of employees
Current staff
Staff numbers
0
Mag One Products employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:27
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/08/29
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.