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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
MegumaGold. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
MegumaGold's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 MegumaGold 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare MegumaGold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare MegumaGold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare MegumaGold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if MegumaGold is high growth as no earnings estimate data is available.
Unable to determine if MegumaGold 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.
MegumaGold's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
TENURE AS CEO
Mr. Regan Connick-Benjamin Isenor has been the Chief Executive Officer of MegumaGold Corp. (formerly, Coronet Metals Inc.) since June 1, 2018. Mr. Isenor served as a Project Supervisor of Merrex Gold Corp. since 2006. Mr. Isenor worked in Mali, on the Siribaya Gold deposit for Merrex Gold. Mr. Isenor has been Director of Stay Gold Inc. since January 7, 2011. Mr. Isenor has 14 years of experience in exploration projects around the world with publicly traded companies. He has been a Director of Atlantic Industrial Minerals Inc since June 25, 2018. He has worked on various international projects in Turkey (Menderes), West Africa (Burkina Faso, Bissa Hill deposit, Mali Siribaya Gold project), Ireland (Zinc), Northern Ontario and at home in Nova Scotia. He served on the executive and was a past president of the Mining Society of Nova Scotia. Mr. Isenor obtained a B.A. from Acadia University and master’s in Project Management from St Mary’s University.
Insufficient data for Regan to compare compensation growth.
Insufficient data for Regan to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the MegumaGold management team is less than 2 years, this suggests a new team.
Theo van der Linde
President & Director
Chief Executive Officer
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the MegumaGold board of directors is about average.
Board of Directors
Theo van der Linde
President & Director
Fred Antonio Tejada
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
MegumaGold Corp., an exploration stage company, acquires, explores for, and develops natural resource properties in Canada. Its principal property is the Meguma gold project, which comprise 11,205 claims covering an area of approximately 180,000 hectares located in Nova Scotia. The company was formerly known as Coronet Metals Inc. and changed its name to MegumaGold Corp. in June 2018. MegumaGold Corp. was incorporated in 1989 and is headquartered in Bedford, Canada.
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