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Northern Lights Resources

CNSX:NLR
Snowflake Description

Mediocre balance sheet with weak fundamentals.

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

Northern Lights Resources Corp. engages in the acquisition, evaluation, and exploration of mineral resource properties in the United States, East Asia, and Canada. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • Northern Lights Resources has significant price volatility in the past 3 months.
NLR Share Price and Events
7 Day Returns
-16.7%
CNSX:NLR
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
-
CNSX:NLR
18.6%
CA Metals and Mining
-0.4%
CA Market
NLR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Northern Lights Resources (NLR) -16.7% -28.6% 25% - - -
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
  • No trading data on NLR.
  • No trading data on NLR.
Price Volatility
Industry
5yr Volatility vs Market

NLR Value

 Is Northern Lights 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 Northern Lights Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.025.
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 Northern Lights Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Northern Lights Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:NLR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.03
CNSX:NLR Share Price ** CNSX (2019-09-19) in CAD CA$0.03
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 Northern Lights Resources.

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

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

= 0.03 ÷ -0.03

-0.81x

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

  • Northern Lights Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Northern Lights Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Northern Lights Resources's expected growth come at a high price?
Raw Data
CNSX:NLR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.81x
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 Northern Lights Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Northern Lights Resources's assets?
Raw Data
CNSX:NLR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.00
CNSX:NLR Share Price * CNSX (2019-09-19) in CAD CA$0.03
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:NLR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ 0.00

6.48x

* Primary Listing of Northern Lights Resources.

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

  • Northern Lights Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Northern Lights 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. Northern Lights Resources has a total score of 0/6, see the detailed checks below.

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

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

NLR Future Performance

 How is Northern Lights 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 Northern Lights 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 Northern Lights Resources expected to grow at an attractive rate?
  • Unable to compare Northern Lights Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Northern Lights Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Northern Lights Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:NLR 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:NLR 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:NLR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 -1 -1
2019-01-31 -1 -1
2018-10-31 -1 -1
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Northern Lights Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Northern Lights 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:NLR 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 Northern Lights Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:NLR Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.03
2019-01-31 -0.03
2018-10-31 -0.02
2018-07-31 -0.02
2018-04-30 -0.02
2018-01-31 -0.01
2017-10-31 0.00
2017-07-31 0.00
2017-04-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Northern Lights Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of NLR’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. Northern Lights 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. Northern Lights 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 Northern Lights 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.
Northern Lights 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.

NLR Past Performance

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

CNSX:NLR 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 -1.24 0.92
2019-01-31 -1.08 0.97
2018-10-31 -0.65 0.49
2018-07-31 -0.45 0.30
2018-04-30 -0.37 0.22
2018-01-31 -0.15 0.16
2017-10-31 -0.04 0.13
2017-07-31 -0.06 0.15
2017-04-30 -0.07 0.16
2016-04-30 -0.13 0.13
2015-04-30 -0.08 0.08
2014-04-30 -0.16 0.14
2014-01-31 -2.35 0.20
2013-10-31 -2.39 0.25
2013-07-31 -2.45 0.30
2013-04-30 -2.51 0.38
2013-01-31 -0.38 0.39
2012-10-31 -0.31 0.31

*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 Northern Lights 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 Northern Lights 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 Northern Lights 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 Northern Lights 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.
Northern Lights 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.

NLR Health

 How is Northern Lights 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 Northern Lights Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Northern Lights Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Northern Lights Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Northern Lights 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.
  • Northern Lights 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 Northern Lights Resources Company Filings, last reported 4 months ago.

CNSX:NLR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 0.17 0.00 0.01
2019-01-31 0.48 0.00 0.06
2018-10-31 0.73 0.00 0.27
2018-07-31 -0.04 0.01 0.01
2018-04-30 0.00 0.01 0.03
2018-01-31 -0.26 0.35 0.04
2017-10-31 -0.95 0.45 0.09
2017-07-31 -0.94 0.36 0.09
2017-04-30 -0.93 0.22 0.00
2016-04-30 -0.85 0.22 0.00
2015-04-30 -0.72 0.21
2014-04-30 -0.64 0.21 0.00
2014-01-31 -0.63 0.21 0.00
2013-10-31 -0.58 0.21 0.00
2013-07-31 -0.55 0.21 0.00
2013-04-30 -0.48 0.21 0.00
2013-01-31 1.73 0.19 0.00
2012-10-31 1.80 0.21 0.04
  • Northern Lights Resources has no debt.
  • Northern Lights Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

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

  • Northern Lights Resources has less than a year of cash runway based on current free cash flow.
  • Northern Lights Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 99.5% each year.
X
Financial health checks
We assess Northern Lights 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. Northern Lights Resources has a total score of 3/6, 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.

NLR Dividends

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

NLR Management

 What is the CEO of Northern Lights 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
Jason Bahnsen
COMPENSATION CA$156,368
AGE 57
TENURE AS CEO 1.8 years
CEO Bio

Mr. Jason Bahnsen has been Chief Executive Officer and Director of the Northern Lights Resources since November 14, 2017. Mr. Bahnsen served as the President of Strata Minerals Inc. from August 18, 2015 to May 4, 2016. Mr. Bahnsen served as the Chief Executive Officer and President of Strata Minerals Inc. from March 1, 2014 to May 11, 2015. He served as the Chief Executive Officer of Gobi Coal and Energy Ltd. He served as Director of Natural Resources of Japan at Australia & New Zealand Banking Group Limited since June 2005. Mr. Bahnsen was a mining engineer with over 30 years of international mining industry, corporate finance and capital markets experience, with most of this time spent in the Australia and Asia regions. During his career, he worked for major mining companies, including Rio Tinto and spent over 10 years working for international investment banks including Deutsche Bank in Australia, Beijing and Hong Kong. While at Deutsche Bank, he was Head of Metals and Mining Asia, leading a number of major resource sector transactions throughout the region. During his investment banking career, Mr. Bahnsen was involved in over $14 billion dollars in transactions. He served as Vice President of Corporate Finance at Deutsche Bank. Prior to this role, he spent four years with Deutsche Bank Corporate Finance in Melbourne. Before this, he was with a number of natural resources companies and consultants including Rio Tinto. He served as Head of Corporate Finance at Fox-Davies Capital Limited. He served as a Director of Strata Minerals Inc. from July 13, 2015 to May 4, 2016. He served as a Director of Strata Minerals Inc. from December 4, 2012 to May 11, 2015. He served as a Director of Gobi Coal and Energy Ltd. Northern Lights Resources. By virtue of his public company and academic experience, Mr. Bahnsen has had extensive exposure to exploration budgeting and accounting and has sufficient training in business and financial acumen to be considered financially literate. He began his career is mine development and operations including several years at Freeport Indonesia, Royal Oak Gold Mines and at Rio Tinto, where he was involved in senior mine feasibility and business development roles. Mr. Bahnsen’s investment banking experience includes senior resource banking roles with Deutsche Bank, Macquarie Bank and Fox-Davies Capital where he led numerous M&A and equity capital market transactions for international resource companies globally. Prior to joining the Company, he was CEO of Falcon Isle Resources (private), Director at Deutsche Bank AG, including serving as the Head of Deutsche Bank's Metals and Mining investment banking practice in Asia-Pacific. Mr. Bahnsen graduated from the Queen’s University in Kingston with a B.Sc. in Mining Engineering and holds an MBA from University of New England, Australia.

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

Average tenure and age of the Northern Lights Resources management team in years:

1.8
Average Tenure
57
Average Age
  • The average tenure for the Northern Lights Resources management team is less than 2 years, this suggests a new team.
Management Team

Rick Timcke

TITLE
Executive Chairman & President
COMPENSATION
CA$126K
AGE
56
TENURE
2.4 yrs

Jason Bahnsen

TITLE
CEO & Executive Director
COMPENSATION
CA$156K
AGE
57
TENURE
1.8 yrs

Leon Ho

TITLE
Chief Financial Officer
COMPENSATION
CA$22K
TENURE
1.8 yrs

Gary Artmont

TITLE
Head Geologist
AGE
69
TENURE
1.8 yrs
Board of Directors Tenure

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

1.8
Average Tenure
57
Average Age
  • The average tenure for the Northern Lights Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rick Timcke

TITLE
Executive Chairman & President
COMPENSATION
CA$126K
AGE
56
TENURE
4.5 yrs

Jason Bahnsen

TITLE
CEO & Executive Director
COMPENSATION
CA$156K
AGE
57
TENURE
1.8 yrs

Graham Keevil

TITLE
Non-Executive Director
COMPENSATION
CA$24K
AGE
34
TENURE
4.5 yrs

Richard Kelertas

TITLE
Independent Director
COMPENSATION
CA$24K
AGE
65
TENURE
1.8 yrs

Gordon Tainton

TITLE
Independent Director
COMPENSATION
CA$24K
AGE
63
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • Northern Lights Resources individual insiders have sold more shares than they have bought in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
05. Sep 19 Buy Jason Bahnsen Individual 05. Sep 19 05. Sep 19 52,000 CA$0.05 CA$2,330
16. Jul 19 Sell Albert Timcke Individual 16. May 19 02. Jul 19 -450,000 CA$0.05 CA$-22,084
24. Jun 19 Buy Jason Bahnsen Individual 16. Apr 19 16. Apr 19 10,000 CA$0.04 CA$400
22. Apr 19 Buy Jason Bahnsen Individual 22. Apr 19 22. Apr 19 20,000 CA$0.04 CA$700
18. Apr 19 Buy Jason Bahnsen Individual 16. Apr 19 18. Apr 19 20,000 CA$0.04 CA$700
15. Apr 19 Buy Jason Bahnsen Individual 12. Apr 19 12. Apr 19 20,000 CA$0.04 CA$750
11. Apr 19 Buy Jason Bahnsen Individual 11. Apr 19 11. Apr 19 40,000 CA$0.04 CA$1,300
02. Apr 19 Buy Jason Bahnsen Individual 29. Mar 19 29. Mar 19 25,000 CA$0.03 CA$750
08. Apr 19 Buy Jason Bahnsen Individual 08. Apr 19 08. Apr 19 30,000 CA$0.03 CA$900
22. Mar 19 Buy Jason Bahnsen Individual 22. Mar 19 22. Mar 19 10,000 CA$0.03 CA$300
27. Mar 19 Buy Jason Bahnsen Individual 27. Mar 19 27. Mar 19 45,000 CA$0.04 CA$1,275
25. Mar 19 Buy Jason Bahnsen Individual 25. Mar 19 25. Mar 19 10,000 CA$0.03 CA$300
18. Mar 19 Buy Jason Bahnsen Individual 13. Mar 19 13. Mar 19 10,000 CA$0.04 CA$350
08. Mar 19 Sell Graham Keevil Individual 05. Mar 19 05. Mar 19 -50,000 CA$0.03 CA$-1,750
19. Feb 19 Buy Jason Bahnsen Individual 19. Feb 19 19. Feb 19 10,000 CA$0.04 CA$350
19. Feb 19 Sell Albert Timcke Individual 19. Feb 19 19. Feb 19 -150,000 CA$0.05 CA$-7,500
27. Feb 19 Buy Jason Bahnsen Individual 27. Feb 19 27. Feb 19 5,000 CA$0.05 CA$225
22. Feb 19 Buy Jason Bahnsen Individual 22. Feb 19 22. Feb 19 16,000 CA$0.05 CA$725
20. Feb 19 Buy Jason Bahnsen Individual 20. Feb 19 20. Feb 19 24,000 CA$0.04 CA$960
14. Feb 19 Buy Jason Bahnsen Individual 14. Feb 19 14. Feb 19 10,000 CA$0.04 CA$350
01. Feb 19 Buy Jason Bahnsen Individual 01. Feb 19 01. Feb 19 10,000 CA$0.04 CA$400
18. Jan 19 Buy Jason Bahnsen Individual 16. Jan 19 16. Jan 19 8,000 CA$0.04 CA$360
02. Jan 19 Sell Albert Timcke Individual 28. Dec 18 28. Dec 18 -500,000 CA$0.03 CA$-15,000
06. Dec 18 Buy Jason Bahnsen Individual 03. Dec 18 06. Dec 18 55,000 CA$0.09 CA$3,449
30. Nov 18 Buy Jason Bahnsen Individual 30. Nov 18 30. Nov 18 5,000 CA$0.08 CA$400
26. Nov 18 Buy Jason Bahnsen Individual 26. Nov 18 26. Nov 18 5,000 CA$0.09 CA$425
22. Nov 18 Buy Jason Bahnsen Individual 22. Nov 18 22. Nov 18 40,000 CA$0.06 CA$2,400
18. Nov 18 Buy Jason Bahnsen Individual 15. Nov 18 15. Nov 18 5,000 CA$0.09 CA$450
13. Nov 18 Buy Jason Bahnsen Individual 12. Nov 18 12. Nov 18 10,000 CA$0.07 CA$700
06. Nov 18 Sell Albert Timcke Individual 29. Oct 18 29. Oct 18 -400,000 CA$0.03 CA$-10,000
07. Nov 18 Buy Jason Bahnsen Individual 06. Nov 18 06. Nov 18 5,000 CA$0.14 CA$675
07. Nov 18 Buy Jason Bahnsen Individual 31. Oct 18 31. Oct 18 6,000 CA$0.14 CA$640
X
Management checks
We assess Northern Lights 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. Northern Lights 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.

NLR News

Simply Wall St News

Do Insiders Own Lots Of Shares In Northern Lights Resources Corp (CNSX:NLR)?

The big shareholder groups in Northern Lights Resources Corp (CNSX:NLR) have power over the company. … Northern Lights Resources is a smaller company with a market capitalization of CA$3.8m, so it may still be flying under the radar of many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

NLR Company Info

Description

Northern Lights Resources Corp. engages in the acquisition, evaluation, and exploration of mineral resource properties in the United States, East Asia, and Canada. It explores for silver, zinc, and lead deposits. The company’s primary asset is the Medicine Springs Project located on the eastern edge of the Carlin Trend in southeastern Elko County, Nevada. The company was formerly known as Northern Lights Uranium Corp. and changed its name to Northern Lights Resources Corp. in April 2008. Northern Lights Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Details
Name: Northern Lights Resources Corp.
NLR
Exchange: CNSX
Founded: 2007
CA$1,214,555
48,582,232
Website: http://www.northernlightsresources.com
Address: Northern Lights Resources Corp.
355 Burrard Street,
Suite 1000,
Vancouver,
British Columbia, V6C 2G8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX NLR Common Shares Canadian National Stock Exchange CA CAD 31. Oct 2018
Number of employees
Current staff
Staff numbers
0
Northern Lights Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:28
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/08/27
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/04/30


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

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