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Miramont Resources

CNSX:MONT
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MONT
CNSX
CA$8M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Miramont Resources Corp., a mineral exploration company, focuses on acquisition, exploration, and evaluation of mineral properties in Canada and Peru. The last earnings update was 94 days ago. More info.


Add to Portfolio Compare Print
  • Miramont Resources has significant price volatility in the past 3 months.
MONT Share Price and Events
7 Day Returns
17.4%
CNSX:MONT
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
-10%
CNSX:MONT
18.6%
CA Metals and Mining
-0.4%
CA Market
MONT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Miramont Resources (MONT) 17.4% 22.7% 0% -10% - -
CA Metals and Mining -0.4% -0.5% 6.3% 18.6% -15.9% -3.2%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • MONT underperformed the Metals and Mining industry which returned 18.6% over the past year.
  • MONT underperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
MONT
Industry
5yr Volatility vs Market

Value

 Is Miramont 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 Miramont Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.135.
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 Miramont Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Miramont Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MONT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.07
CNSX:MONT Share Price ** CNSX (2019-09-19) in CAD CA$0.14
Canada Metals and Mining Industry PE Ratio Median Figure of 100 Publicly-Listed Metals and Mining Companies 13.9x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

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

** Primary Listing of Miramont Resources.

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

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

= 0.14 ÷ -0.07

-2.01x

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

  • Miramont Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Miramont Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Miramont Resources's expected growth come at a high price?
Raw Data
CNSX:MONT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.01x
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 32 Publicly-Listed Metals and Mining Companies 0.98x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*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 Miramont Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Miramont Resources's assets?
Raw Data
CNSX:MONT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.16
CNSX:MONT Share Price * CNSX (2019-09-19) in CAD CA$0.14
Canada Metals and Mining Industry PB Ratio Median Figure of 1,097 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:MONT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.14 ÷ 0.16

0.85x

* Primary Listing of Miramont Resources.

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

  • Miramont Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Miramont 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. Miramont Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

Future Performance

 How is Miramont 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 Miramont 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
34.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Miramont Resources expected to grow at an attractive rate?
  • Unable to compare Miramont Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Miramont Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Miramont Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MONT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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:MONT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:MONT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 -3 -3
2019-01-31 -1 -2
2018-10-31 -2 -2
2018-07-31 -2 -2
2018-04-30 -1 -1
2018-01-31 -1 -1
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0
2016-10-31 0 0
2016-07-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Miramont Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Miramont 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:MONT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Miramont Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MONT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.07
2019-01-31 -0.05
2018-10-31 -0.05
2018-07-31 -0.05
2018-04-30 -0.04
2018-01-31 -0.03
2017-10-31 -0.02
2017-07-31 -0.02
2017-04-30 -0.01
2017-01-31 -0.01
2016-10-31 0.00
2016-07-31 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 Miramont Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Miramont 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. Miramont 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. Miramont 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 Miramont 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.
Miramont 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 Miramont 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 Miramont 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.
  • Miramont Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Miramont Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Miramont Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Miramont 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 Miramont Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MONT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 -3.45 3.35
2019-01-31 -2.41 2.35
2018-10-31 -2.25 2.17
2018-07-31 -2.12 1.98
2018-04-30 -1.21 1.12
2018-01-31 -0.76 0.66
2017-10-31 -0.36 0.27
2017-07-31 -0.20 0.16
2017-04-30 -0.10 0.07
2017-01-31 -0.07 0.06
2016-10-31 -0.02 0.02
2016-07-31 -0.01 0.01
2015-07-31 -0.01 0.00

*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 Miramont 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 Miramont 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 Miramont 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 Miramont 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.
Miramont 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 Miramont 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 Miramont Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Miramont Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Miramont Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Miramont 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.
  • High level of physical assets or inventory.
  • Miramont 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 Miramont Resources Company Filings, last reported 4 months ago.

CNSX:MONT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 8.89 0.00 3.42
2019-01-31 9.80 0.00 4.62
2018-10-31 8.71 0.00 3.33
2018-07-31 8.92 0.00 3.58
2018-04-30 9.66 0.00 4.29
2018-01-31 10.12 0.00 4.70
2017-10-31 1.01 0.00 1.04
2017-07-31 0.52 0.00 0.54
2017-04-30 0.63 0.00 0.60
2017-01-31 0.66 0.00 0.66
2016-10-31 0.32 0.00 0.31
2016-07-31 0.04 0.00 0.04
2015-07-31 0.03 0.00 0.03
  • Miramont Resources has no debt.
  • Miramont Resources has not taken on any debt in the past 5 years.
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.

  • Miramont Resources has sufficient cash runway for 1.2 years based on current free cash flow.
  • Miramont Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 107.3% each year.
X
Financial health checks
We assess Miramont 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. Miramont Resources has a total score of 5/6, 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 Miramont 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 Miramont Resources dividends.
If you bought CA$2,000 of Miramont 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 Miramont Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Miramont 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:MONT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
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 Miramont Resources has not reported any payouts.
  • Unable to verify if Miramont Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Miramont Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Miramont 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 Miramont Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Miramont Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Miramont 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 Miramont 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
Tyson King
COMPENSATION CA$54,000
AGE 33
TENURE AS CEO 0.4 years
CEO Bio

Mr. Tyson King has been President and Chief Executive Officer of Miramont Resources Corp. since April 2019. Mr. King is a co-founder of Miramont and has served in senior management roles since its inception. He is responsible for the day-to-day operations and management. He has been the President and Chief Executive Officer at Nevado Resources Corporation since November 15, 2018. Mr. King serves as Vice President of Operations at Declan Resources Inc. Mr. King has over 10 years’ experience in the management of junior companies within the commodities and natural resource sector. He has been actively engaged in overseeing the day - to - day operations of numerous companies where he specialized in marketing and corporate development. Mr. King also served as Vice President at Miramont Resources Corp. since September 18, 2017 and has been its Director since July 15, 2015. Mr. King served as Senior Vice President of Operations at Declan Resources Inc., since June 2012. Mr. King Co-founded Talos Minerals and served as its Director. He has been Director of Nevado Resources Corporation since September 19, 2018. Mr. King has ten years of experience in the commodities and natural resource sector. He served as a Director of Declan Resources Inc. since December 17, 2015 until June 1, 2017. He graduated with a Degree of BA in Economics from the University of Calgary.

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

Quinton Hennigh

TITLE
Executive Chairman
AGE
52

Tyson King

TITLE
President
COMPENSATION
CA$54K
AGE
33
TENURE
0.4 yrs

Lesia Burianyk

TITLE
Chief Financial Officer
COMPENSATION
CA$30K
AGE
43

Martin Hodges

TITLE
Corporate Secretary
COMPENSATION
CA$36K
AGE
35
TENURE
4.2 yrs
Board of Directors Tenure

Average tenure and age of the Miramont Resources board of directors in years:

3
Average Tenure
56
Average Age
  • The tenure for the Miramont Resources board of directors is about average.
Board of Directors

Quinton Hennigh

TITLE
Executive Chairman
AGE
52
TENURE
1.8 yrs

Tyson King

TITLE
President
COMPENSATION
CA$54K
AGE
33
TENURE
4.2 yrs

Gerry Shields

TITLE
Director
AGE
65
TENURE
4.2 yrs

Dale Peniuk

TITLE
Director
AGE
60
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • Miramont Resources individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Aug 19 Sell Tyson King Individual 20. Aug 19 20. Aug 19 -300,000 CA$0.01 CA$-3,000
05. Apr 19 Buy Plethora Precious Metals Fund Management Company 02. Apr 19 02. Apr 19 1,000 CA$0.12 CA$120
02. Apr 19 Buy Plethora Precious Metals Fund Management Company 29. Mar 19 01. Apr 19 188,500 CA$0.12 CA$22,602
02. Feb 19 Buy Quinton Hennigh Individual 31. Jan 19 31. Jan 19 70,000 CA$0.35 CA$24,500
31. Jan 19 Buy William Pincus Individual 31. Jan 19 31. Jan 19 57,142 CA$0.35 CA$20,000
21. Nov 18 Buy Plethora Precious Metals Fund Management Company 20. Nov 18 20. Nov 18 12,500 CA$0.13 CA$1,625
X
Management checks
We assess Miramont 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. Miramont 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

Investors Who Bought Miramont Resources (CNSX:MONT) Shares A Year Ago Are Now Down 50%

View our latest analysis for Miramont Resources With zero revenue generated over twelve months, we don't think that Miramont Resources has proved its business plan yet. … We'd venture that shareholders are concerned about the need for more capital, because the share price has dropped 50% in the last year. … A Different Perspective While Miramont Resources shareholders are down 50% for the year, the market itself is up 0.07%.

Simply Wall St -

How Much Of Miramont Resources Corp (CNSX:MONT) Do Insiders Own?

Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … View our latest analysis for Miramont Resources

Simply Wall St -

Who Are The Major Shareholders In Miramont Resources Corp (CNSX:MONT)?

Today, I will be analyzing Miramont Resources Corp’s (CNSX:MONT) recent ownership structure, an important but not-so-popular subject among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Therefore, it is beneficial for us to examine MONT's ownership structure in more detail.

Simply Wall St -

Company Info

Description

Miramont Resources Corp., a mineral exploration company, focuses on acquisition, exploration, and evaluation of mineral properties in Canada and Peru. It holds options to acquire a 100% interest in the Cerro Hermoso and Lukkacha projects located in the Puno and Tacna region of Southern Peru. The company explores for gold, silver, and copper deposits. The company was formerly known as Miramont Capital Corp. and changed its name to Miramont Resources Corp. in November 2016. Miramont Resources Corp. was founded in 2015 and is headquartered in Vancouver, Canada.

Details
Name: Miramont Resources Corp.
MONT
Exchange: CNSX
Founded: 2015
CA$7,529,386
55,773,234
Website: http://www.miramontresources.com
Address: Miramont Resources Corp.
1177 West Hastings Street,
23rd Floor,
Vancouver,
British Columbia, V6E 2K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX MONT Common Shares Canadian National Stock Exchange CA CAD 27. Mar 2017
OTCPK MRRM.F Common Shares Pink Sheets LLC US USD 27. Mar 2017
DB 6MR Common Shares Deutsche Boerse AG DE EUR 27. Mar 2017
Number of employees
Current staff
Staff numbers
0
Miramont Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:18
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/06/18
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.