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
New Tech Minerals. 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
New Tech Minerals's
is considered below, and whether this is a fair price.
Price based on past earnings
New Tech Minerals'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 New Tech 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
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
New Tech Minerals
expected to grow at an
Unable to compare New Tech Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare New Tech Minerals's earnings growth to the Canada market average as no estimate data is available.
Unable to compare New Tech Minerals's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if New Tech Minerals is high growth as no earnings estimate data is available.
Unable to determine if New Tech 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.
New Tech Minerals'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.
New Tech 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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
New Tech Minerals's finances.
The net worth of a company is the difference between its assets and liabilities.
New Tech Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
New Tech Minerals has no long term commitments.
This treemap shows a more detailed breakdown of
New Tech 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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
New Tech Minerals has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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. Jonathan W. George, also known as Jon, BSc, is a Director at Project One Resources Ltd since August 27, 2018. He serves as Director and President of New Tech Minerals Corp. (formerly, New Tech Lithium Corp.) since June 2018 and has been its Chief Executive Officer since February 2019. He served as the Chief Executive Officer and President of Alpha Minerals Inc (Formerly ESO Uranium Corp.) until September 30, 2010. He was instrumental in assembling one of the largest land packages in the Athabasca Basin, Saskatchewan; Alpha and its partner Fission Energy made one of the most significant uranium discoveries in recent history on their Patterson Lake South joint venture. Mr. George was Co-founder of Creston Moly Corp. and served as its Advisor since August 2009. He served as the Chief Executive Officer and President of Creston Moly Corp. (formerly, Georgia Ventures Inc.) since January 27, 2004. Mr. George is a Self-employed Consulting Geologist. Mr. George served as the President of Dynasty Gold Corp. until November 2004. He served as President, Senior Officer or a Director for a number of public companies, trading on the TSX Venture Exchange. He has some experience in the acquisition, exploration and development of mineral properties, joint ventures and management of public companies. He was a Director of Viking Gold Exploration Inc. since April 8, 2014. He served as a Director of Cyprium Mining Corporation from July 2016 to December 16, 2016. He served as a Director of Hatch International Technologies Corp (also known as Tosca Resources Corp) since October 09, 2013. He served as an Executive Director of Alpha Minerals Inc. from April 4, 2005 to September 30, 2010. Mr. George served as a Director of Dynasty Gold Corp. from May 27, 1996 to May 2005 and Creston Moly Corp. since October 23, 2001. Mr. George graduated from Western Washington University with a Bachelor of Science degree in Geology in 1981.
Insufficient data for Jon to compare compensation growth.
Insufficient data for Jon to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Carmen Amezquita Hernandez
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
New Tech Minerals
board of directors in years:
The tenure for the New Tech Minerals board of directors is about average.
Board of Directors
Rudy de Jonge
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by New Tech Minerals individual insiders in the past 3 months, but not in substantial volumes.
Can We See Significant Insider Ownership On The New Tech Minerals Corp. (CNSX:NTM) Share Register?
New Tech Minerals is a smaller company with a market capitalization of CA$1.8m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for New Tech Minerals CNSX:NTM Ownership Summary, July 11th 2019 What Does The Lack Of Institutional Ownership Tell Us About New Tech Minerals? … Insider Ownership Of New Tech Minerals While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.
Does New Tech Lithium Corp's (CNSX:NTM) CEO Pay Matter?
Rudy de Jonge took the helm as New Tech Lithium Corp's (CNSX:NTM) CEO and grew market cap to CA$2.26m recently. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Check out our latest analysis for New Tech Lithium
New Tech Minerals Corp. engages in the exploration and development of cobalt, vanadium, lithium, and potash projects in the United States. It focuses on the Buena Vista and Tule cobalt projects in Nevada; the Fredericktown cobalt project in Missouri; and the Green River potash, lithium, and bromine project in the Paradox Basin, Utah. The company was formerly known as New Tech Lithium Corp. and changed its name to New Tech Minerals Corp. in March 2019. New Tech Minerals Corp. was incorporated in 2006 and is based in Vancouver, Canada.
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