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Victory Nickel

CNSX:NI
Snowflake Description

Worrying balance sheet with weak fundamentals.

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

Victory Nickel Inc. engages in the acquisition, exploration, and development of nickel properties and associated products in Canada. The last earnings update was 32 days ago. More info.


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NI Share Price and Events
7 Day Returns
-
CNSX:NI
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
0%
CNSX:NI
22%
CA Metals and Mining
-0.1%
CA Market
NI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Victory Nickel (NI) - 50% -14.3% 0% 0% -93.2%
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
  • NI underperformed the Metals and Mining industry which returned 22% over the past year.
  • NI matched the Canada Market (-0.1%) over the past year.
Price Volatility
NI
Industry
5yr Volatility vs Market

NI Value

 Is Victory Nickel 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 Victory Nickel is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Victory Nickel 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 Victory Nickel. This is due to cash flow or dividend data being unavailable. The share price is CA$0.03.
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 Victory Nickel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Victory Nickel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:NI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.30
CNSX:NI Share Price ** CNSX (2019-09-20) in CAD CA$0.03
CNSX:NI Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.754 $0.02
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 Victory Nickel.

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

= CNSX:NI Share Price ÷ EPS (both in USD)

= 0.02 ÷ -0.30

-0.08x

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

  • Victory Nickel is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Victory Nickel is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Victory Nickel's expected growth come at a high price?
Raw Data
CNSX:NI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.08x
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 Victory Nickel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Victory Nickel's assets?
Raw Data
CNSX:NI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.00
CNSX:NI Share Price * CNSX (2019-09-20) in CAD CA$0.03
CNSX:NI Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.754 $0.02
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:NI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:NI Share Price ÷ Book Value per Share (both in USD)

= 0.02 ÷ 0.00

-35.74x

* Primary Listing of Victory Nickel.

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

  • Victory Nickel 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 NI’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 Victory Nickel'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 Victory Nickel'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. Victory Nickel 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.

NI Future Performance

 How is Victory Nickel 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 Victory Nickel 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 Victory Nickel expected to grow at an attractive rate?
  • Unable to compare Victory Nickel's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Victory Nickel's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Victory Nickel's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:NI 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:NI 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:NI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 1 -1 -31
2019-03-31 0 0 -30
2018-12-31 1 0 -30
2018-09-30 1 0 0
2018-06-30 1 0 0
2018-03-31 1 0 0
2017-12-31 1 0 0
2017-09-30 1 0 -10
2017-06-30 0 0 -10
2017-03-31 0 0 -11
2016-12-31 0 0 -9
2016-09-30 1 0 -3

*GAAP earnings excluding extraordinary items.

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

CNSX:NI Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.30
2019-03-31 -0.30
2018-12-31 -0.32
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.11
2017-06-30 -0.15
2017-03-31 -0.11
2016-12-31 -0.10
2016-09-30 -0.04

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

Next steps:

  1. Take a look at our analysis of NI’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. Victory Nickel'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. Victory Nickel'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 Victory Nickel'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.
Victory Nickel 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.

NI Past Performance

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

CNSX:NI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 0.59 -30.54 0.83
2019-03-31 0.46 -30.30 0.82
2018-12-31 0.70 -30.05 0.89
2018-09-30 0.82 0.28 0.87
2018-06-30 1.04 -0.09 0.81
2018-03-31 1.03 0.13 0.80
2017-12-31 0.88 -0.05 1.04
2017-09-30 0.75 -9.79 0.90
2017-06-30 0.33 -10.13 0.94
2017-03-31 0.28 -10.60 0.97
2016-12-31 0.10 -8.63 0.85
2016-09-30 0.59 -3.32 1.08
2016-06-30 0.91 -3.99 1.18
2016-03-31 1.54 -3.78 1.09
2015-12-31 3.00 -5.11 1.29
2015-09-30 9.68 -2.68 1.63
2015-06-30 14.82 -1.45 2.12
2015-03-31 15.50 -1.24 2.77
2014-12-31 13.98 -2.42 2.97
2014-09-30 6.77 -6.27 3.22
2014-06-30 1.31 -6.33 2.95
2014-03-31 -6.05 2.73
2013-12-31 -4.89 2.41
2013-09-30 -1.36 1.99
2013-06-30 -0.78 1.67
2013-03-31 -0.95 1.73
2012-12-31 -0.18 1.75
2012-09-30 -0.38 1.80

*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 Victory Nickel 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 Victory Nickel 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 Victory Nickel 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 Victory Nickel'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.
Victory Nickel 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.

NI Health

 How is Victory Nickel'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 Victory Nickel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Victory Nickel's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Victory Nickel's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Victory Nickel'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.
  • Victory Nickel 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 Victory Nickel Company Filings, last reported 2 months ago.

CNSX:NI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -0.06 17.17 0.08
2019-03-31 1.08 16.29 0.02
2018-12-31 2.00 15.66 0.16
2018-09-30 30.21 15.67 0.48
2018-06-30 30.03 15.79 0.20
2018-03-31 30.86 15.23 0.20
2017-12-31 31.64 14.32 0.38
2017-09-30 29.36 14.38 0.40
2017-06-30 29.89 13.88 0.22
2017-03-31 30.55 13.71 0.31
2016-12-31 31.08 12.88 0.36
2016-09-30 38.68 11.36 0.58
2016-06-30 39.53 10.70 0.50
2016-03-31 40.52 12.85 0.45
2015-12-31 38.76 13.81 0.30
2015-09-30 41.11 13.25 0.27
2015-06-30 42.74 12.24 0.48
2015-03-31 43.66 11.76 0.21
2014-12-31 43.81 14.00 0.87
2014-09-30 43.72 13.31 0.33
2014-06-30 45.92 10.67 0.88
2014-03-31 45.08 8.53 0.78
2013-12-31 47.92 6.00 1.60
2013-09-30 53.23 0.75 2.23
2013-06-30 50.07 0.71 1.16
2013-03-31 52.24 0.71 2.13
2012-12-31 51.16 1.01 0.82
2012-09-30 51.89 0.00 0.82
  • Victory Nickel has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Victory Nickel'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.

  • Victory Nickel has less than a year of cash runway based on current free cash flow.
  • Victory Nickel has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.6% each year.
X
Financial health checks
We assess Victory Nickel'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. Victory Nickel 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.

NI Dividends

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

NI Management

 What is the CEO of Victory Nickel'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
Sean Stokes
COMPENSATION $75,165
TENURE AS CEO 0.9 years
CEO Bio

Mr. Sean Duncanson Stokes, BA, PBDM, MBA, has been an Executive Vice President of Nuinsco Resources Ltd. since September 30, 2013 and has also been its Corporate Secretary since June 14, 2006. Mr. Stokes has been a Corporate Secretary of Victory Nickel, Inc., since March 2006 and serves as its Vice-President of Corporate Affairs since June 2008 and its Interim Chief Financial Officer since 19, April 2018 and as its Interim Chief Executive Officer since October 29, 2018. He served as Vice President of Corporate Affairs at Nuinsco Resources Ltd from June 2008 to September 30, 2013. Mr. Stokes served as a Vice President of HMZ Metals Inc. He served as the Director of Investor Relations of Victory Nickel, Inc., from March 2006 to June 2008. He served as the Director of Investor Relations at Nuinsco Resources Ltd from June 14, 2006 to June 2008. He served as the Director of Investor Relations of Tiberon Minerals Ltd. from January 4, 2005 to June 2005. He had overall responsibility for Tiberon Minerals Ltd.'s investor and media relations programs. He has 19 years of communications experience, during the past 12 of which he has served as a Corporate Investor Relations Officer and financial communications/business development consultant to a broad range of publicly traded and private companies primarily in the mining and technology sectors since 1994. He managed the mining practice of Linear Capital Corporation. Prior to Linear, he served as the Corporate Investor Relations Officer and IR consultant focused on the mining and high technology industries. Mr. Stokes has extensive experience in IR strategy, financing, disclosure and governance issues. He has been a Member of Advisory Board of Brigadier Gold Ltd. since April 11, 2006. He Serves as Director of Investor Relations at Wallbridge Mining Company Limited and has been its Corporate Secretary since January 1, 2017. He has Experience in companies as Scandinavian Minerals, Orvana Minerals, Inter-Citic Minerals, Geomaque Explorations.

CEO Compensation
  • Insufficient data for Sean to compare compensation growth.
  • Sean's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Victory Nickel management team in years:

3.8
Average Tenure
  • The tenure for the Victory Nickel management team is about average.
Management Team

Cynthia Thomas

TITLE
Executive Chairman of the Board
COMPENSATION
$59K
AGE
57
TENURE
0.9 yrs

Sean Stokes

TITLE
Interim CEO
COMPENSATION
$75K
TENURE
0.9 yrs

Ken Murdock

TITLE
CEO & Director at Victory Silica Ltd
COMPENSATION
$105K
TENURE
7.3 yrs

Anne Lam

TITLE
Controller
TENURE
6.7 yrs
Board of Directors Tenure

Average tenure and age of the Victory Nickel board of directors in years:

8.3
Average Tenure
72
Average Age
  • The tenure for the Victory Nickel board of directors is about average.
Board of Directors

Cynthia Thomas

TITLE
Executive Chairman of the Board
COMPENSATION
$59K
AGE
57
TENURE
9.8 yrs

René Galipeau

TITLE
Vice Chairman & Advisor
COMPENSATION
$125K
AGE
73
TENURE
10.7 yrs

Ken Murdock

TITLE
CEO & Director at Victory Silica Ltd
COMPENSATION
$105K

Michael Anderson

TITLE
Director
COMPENSATION
$13K
AGE
75
TENURE
8.3 yrs

Peter Jones

TITLE
Director
COMPENSATION
$13K
AGE
71
TENURE
8.3 yrs

Paul Fisher

TITLE
Director
COMPENSATION
$14K
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • Victory Nickel individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
19. Jul 19 Sell René Galipeau Individual 18. Jul 19 18. Jul 19 -10,000 CA$0.02 CA$-250
08. Nov 18 Sell René Galipeau Individual 05. Nov 18 05. Nov 18 -149,000 CA$0.03 CA$-4,723
X
Management checks
We assess Victory Nickel'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. Victory Nickel 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.

NI News

Simply Wall St News

Investors Who Bought Victory Nickel (CNSX:NI) Shares Five Years Ago Are Now Down 97%

It seems likely some shareholders believe that Victory Nickel will find or develop a valuable new mine before too long. … But with the share price diving 51% per year, over 5 years, it's probably fair to say that some shareholders no longer believe the company will succeed. … A Different Perspective Victory Nickel shareholders are down 56% for the year, but the market itself is up 0.8%.

Simply Wall St -

Are Victory Nickel Inc.'s (CNSX:NI) Interest Costs Too High?

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … We'll look at some basic checks that can form a snapshot the company’s financial strength.

Simply Wall St -

Does The Victory Nickel Inc. (CNSX:NI) Share Price Tend To Follow The Market?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

Are Victory Nickel Inc's (CNSX:NI) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Victory Nickel Inc (CNSX:NI), with a market cap of CA$2m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

Should You Be Holding Victory Nickel Inc (CNSX:NI) Right Now?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What You Must Know About Victory Nickel Inc's (CNSX:NI) Financial Strength

While small-cap stocks, such as Victory Nickel Inc (CNSX:NI) with its market cap of US$4.27m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Is Victory Nickel Inc's (CNSX:NI) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as Victory Nickel Inc (CNSX:NI) with its market cap of CA$4.74m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies,

Simply Wall St -

NI Company Info

Description

Victory Nickel Inc. engages in the acquisition, exploration, and development of nickel properties and associated products in Canada. It operates through Exploration and Development, and Frac Sand segments. The company holds a 100% interest in the Minago project covering approximately 19,799 hectares located in the Thompson Nickel Belt, Manitoba. It also holds a 100% interest in exploration and evaluation projects, including the Mel project and the Lynn Lake project covering an area of approximately 600 hectares located in Manitoba, as well as Lac Rocher project located in northwestern Québec. In addition, the company produces and supplies frac sand. The company was incorporated in 2006 and is based in Toronto, Canada.

Details
Name: Victory Nickel Inc.
NI
Exchange: CNSX
Founded: 2006
CA$2,937,116
97,903,867
Website: http://www.victorynickel.ca
Address: Victory Nickel Inc.
Victory Building,
Suite 1802,
Toronto,
Ontario, M5H 2A4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX NI Common Shares Canadian National Stock Exchange CA CAD 06. Feb 2007
OTCPK VNCK.F Common Shares Pink Sheets LLC US USD 06. Feb 2007
DB XZPN Common Shares Deutsche Boerse AG DE EUR 06. Feb 2007
Number of employees
Current staff
Staff numbers
0
Victory Nickel employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:36
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/08/21
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.