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Monterey Minerals

CNSX:MREY
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MREY
CNSX
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Monterey Minerals Inc., a junior exploration company, engages in the exploration and development of mineral properties in Canada and Australia. The last earnings update was 24 days ago. More info.


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  • Monterey Minerals has significant price volatility in the past 3 months.
MREY Share Price and Events
7 Day Returns
-11.1%
CNSX:MREY
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
-
CNSX:MREY
22%
CA Metals and Mining
-0.1%
CA Market
MREY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Monterey Minerals (MREY) -11.1% 14.3% 33.3% - - -
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 MREY.
  • No trading data on MREY.
Price Volatility
Industry
5yr Volatility vs Market

MREY Value

 Is Monterey Minerals 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 Monterey Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Monterey Minerals 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 Monterey Minerals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Monterey Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Monterey Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MREY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.12
CNSX:MREY Share Price ** CNSX (2019-09-20) in CAD 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 Monterey Minerals.

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

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

= 0.08 ÷ -0.12

-0.66x

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

  • Monterey Minerals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Monterey Minerals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Monterey Minerals's expected growth come at a high price?
Raw Data
CNSX:MREY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.66x
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 Monterey Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Monterey Minerals's assets?
Raw Data
CNSX:MREY 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:MREY Share Price * CNSX (2019-09-20) in CAD 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:MREY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 0.00

-92.81x

* Primary Listing of Monterey Minerals.

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

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

Next steps:

  1. 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 Monterey Minerals's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Metals and Mining industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Monterey Minerals'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. Monterey Minerals 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.

MREY Future Performance

 How is Monterey Minerals 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 Monterey Minerals 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 Monterey Minerals expected to grow at an attractive rate?
  • Unable to compare Monterey Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Monterey Minerals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Monterey Minerals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MREY 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:MREY 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:MREY Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 -1 -3
2019-03-31 0 -2
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2017-12-31 0 0
2016-12-31 0 0

*GAAP earnings excluding extraordinary items.

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

CNSX:MREY Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.12
2019-03-31 -0.09
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.02
2017-12-31 -0.02
2016-12-31 -0.02

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

Next steps:

  1. Monterey Minerals'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
  2. Monterey Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Monterey Minerals'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.
Monterey Minerals 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.

MREY Past Performance

  How has Monterey Minerals 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 Monterey Minerals'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.
  • Monterey Minerals does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Monterey Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Monterey Minerals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Monterey Minerals'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 Monterey Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MREY 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 -2.84 0.33
2019-03-31 -1.72 0.29
2018-12-31 -0.47 0.15
2018-09-30 -0.46 0.13
2018-06-30 -0.34 0.07
2017-12-31 -0.16 0.09
2016-12-31 -0.06 0.06

*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 Monterey Minerals 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 Monterey Minerals 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 Monterey Minerals 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 Monterey Minerals'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.
Monterey Minerals 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.

MREY Health

 How is Monterey Minerals'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 Monterey Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Monterey Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Monterey Minerals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Monterey Minerals'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.
  • Monterey Minerals 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 Monterey Minerals Company Filings, last reported 2 months ago.

CNSX:MREY Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -0.04 0.16 0.10
2019-03-31 0.13 0.05 0.20
2018-12-31 0.35 0.00 0.33
2018-09-30 0.51 0.00 0.47
2018-06-30 0.36 0.00 0.31
2017-12-31 0.35 0.00 0.34
2016-12-31 -0.02 0.01 0.00
  • Monterey Minerals has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Monterey Minerals'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.

  • Monterey Minerals has less than a year of cash runway based on current free cash flow.
  • Monterey Minerals has less than a year of cash runway if free cash flow continues to grow at historical rates of 75.7% each year.
X
Financial health checks
We assess Monterey Minerals'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. Monterey Minerals has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

MREY Dividends

 What is Monterey Minerals'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 Monterey Minerals dividends.
If you bought CA$2,000 of Monterey Minerals 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 Monterey Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Monterey Minerals'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:MREY 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 Monterey Minerals has not reported any payouts.
  • Unable to verify if Monterey Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Monterey Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Monterey Minerals 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 Monterey Minerals'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 Monterey Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Monterey Minerals 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.

MREY Management

 What is the CEO of Monterey Minerals'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
Jamie Macintosh
AGE 58
TENURE AS CEO 1.1 years
CEO Bio

Mr. James Maitland MacIntosh, also known as Jamie, B.Sc., is a President, Chief Executive Officer and Director at Monterey Minerals Inc. since August 5, 2018. Mr. MacIntosh served as the Chief Executive Officer and President of GTA Resources and Mining Inc. from November 10, 2016 to August 15, 2017. Mr. MacIntosh serves as the President and Chief Executive Officer of Continental Mining and Smelting Limited. He served as the Chief Financial Officer of Canuc Resources Corporation from June 2011 to May 28, 2015. He served as the President of Guerrero Ventures Inc. He served as the President and Chief Operating Officer of Innovium Media Properties Corp. since June 2009. From August 1994 to August 2004, he served as Vice President of Corporate Development of Atlantis Systems Corp. He served as the Chief Financial Officer of Doorway Capital Corp. From June 1997 to June 1999, he served as Vice President Corporate Affairs for Innovium. From April 1996 to May 2000, he served as the President of MAS Gold Corp. (formerly known as Masuparia Gold Corporation). From March 1998 to May 2000, Mr. MacIntosh served as the President of Inlet Resources Ltd. He has 30 years' experience in the mining industry and as a Geologist and Mining Analyst. Mr. Macintosh has advanced a number of public issuer mining exploration and development Companies to prospective mine status. Mr. Macintosh is also the President, Chief Executive Officer and a Director of Southern Pioneer Resources Corp., a private exploration Company. He served as an Executive and a Director of numerous public and private companies in Canada and the United States over the past fifteen years. He served as a Financial Research Analyst and President to a publically traded junior resource company. He serves as a Board Member of Atlas Precious Metals Inc., GTA CorpFin Capital inc., CircuitMeter Inc., Acadian Energy Inc. and Doorway Capital Corp. He has been a Director of Seed Media Group LLC since April 2006 and GTA Resources and Mining Inc., since February 27, 2007 until February 23, 2018. He has been a Director of Innovium Media Properties Corp. since 1999. He has been an Independent Director at Silver Mountain Mines Inc. since October 17, 2013. He served as a Director of Satori Resources Inc. since August 2017 until November 2018. He served as a Lead Director of Carlisle Goldfields Limited since January 2014 and Director since June 9, 2011. He served as an Independent Director of Parkside Resources Corporation since February 2013. He served as a Director of Atlantis Systems Corp. He served as a Director of Asia Now Resources Corp. from June 21, 2012 to August 2015. He served as a Director of U.S. Silver & Gold Inc. since August 20, 2007. He served as a Director of Cordillera Gold Ltd since January 2011. He served as Director of Canuc Resources Corporation from 2010 to June 21, 2012. He sits on the Queen’s University Geology Council. He is also an Active Volunteer in several community and charitable organizations. Mr. MacIntosh received his B.Sc. in Geological Sciences from Queens University in 1985.

CEO Compensation
  • Insufficient data for Jamie to compare compensation growth.
  • Insufficient data for Jamie to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Jamie Macintosh

TITLE
President
AGE
58
TENURE
1.1 yrs

Julio DiGirolamo

TITLE
CFO, Corporate Secretary & Director
AGE
50
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Monterey Minerals board of directors in years:

1.1
Average Tenure
54
Average Age
  • The average tenure for the Monterey Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Guy Le Page

TITLE
Non-Executive Chairman of the Board
AGE
54
TENURE
0.6 yrs

Jamie Macintosh

TITLE
President
AGE
58
TENURE
1.1 yrs

Julio DiGirolamo

TITLE
CFO, Corporate Secretary & Director
AGE
50
TENURE
1.1 yrs

Samuel Anthony Hardy

TITLE
Director
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Monterey Minerals 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$) Value (CA$)
29. Aug 19 Buy James Macintosh Individual 21. Aug 19 21. Aug 19 300,000 CA$0.05 CA$15,000
13. Jun 19 Buy James Macintosh Individual 13. Jun 19 13. Jun 19 100,000 CA$0.06 CA$6,000
11. Jun 19 Buy James Macintosh Individual 11. Jun 19 11. Jun 19 100,000 CA$0.05 CA$5,000
07. Jun 19 Buy James Macintosh Individual 07. Jun 19 07. Jun 19 100,000 CA$0.05 CA$5,250
23. May 19 Buy James Macintosh Individual 22. May 19 23. May 19 41,000 CA$0.06 CA$2,062
16. May 19 Buy James Macintosh Individual 16. May 19 16. May 19 109,000 CA$0.05 CA$5,450
14. May 19 Buy James Macintosh Individual 14. May 19 14. May 19 50,000 CA$0.06 CA$2,750
X
Management checks
We assess Monterey Minerals'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. Monterey Minerals 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.

MREY News

Simply Wall St News

MREY Company Info

Description

Monterey Minerals Inc., a junior exploration company, engages in the exploration and development of mineral properties in Canada and Australia. The company primarily explores for cobalt, gold, silver, copper, and zinc deposits. It holds 100% interests in the Cobalt Mountain property covering approximately 4,921 hectares area located in the Omineca mining division of Northwest British Columbia; and interests in the Pilbara Basin tenement portfolio covering 992 sq. km. located in the Pilbara Basin in Western Australia. The company is headquartered in Vancouver, Canada.

Details
Name: Monterey Minerals Inc.
MREY
Exchange: CNSX
Founded:
CA$3,852,244
48,153,056
Website: http://www.montereyminerals.com
Address: Monterey Minerals Inc.
1140 West Pender Street,
Vancouver,
British Columbia, V6E 2R9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX MREY Common Shares Canadian National Stock Exchange CA CAD 05. Feb 2019
DB 2DK Common Shares Deutsche Boerse AG DE EUR 05. Feb 2019
Number of employees
Current staff
Staff numbers
0
Monterey Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:39
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: 2018/12/31


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.