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
Spearmint Resources. 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
Spearmint Resources'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 Spearmint 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
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 Spearmint Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Spearmint Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Spearmint Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Spearmint Resources is high growth as no earnings estimate data is available.
Unable to determine if Spearmint 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.
Spearmint Resources'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
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
Spearmint Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Spearmint Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Spearmint Resources's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Spearmint 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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Spearmint Resources 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. James Nelson, also known as Jim, has been President and Secretary of Cruz Capital Corp. (formerly, Brookemont Capital Inc.) since April 24, 2015 and serves as its Chief Executive Officer. Mr. Nelson serves as an Executive Vice President at Makena Resources Inc. (formerly, Canasia Industries Corporation). He has been the President and Secretary of Turbo Capital Inc. since April 2015. He has been a Director of Cruz Capital Corp. since May 17, 2010. Mr. Nelson served as an Independent Director of Halio Energy Inc (formerly, Everest Ventures Inc.) since February 9, 2010 until February 28, 2017. He served as a Director of Apple Capital Inc. (known as Terra Firma Resources, Inc.) since July 18, 2013. Mr. Nelson has been an Independent Director of Spearmint Resources Inc. since May 22, 2014.
Jim's compensation has been consistent with company performance over the past year, both up more than 20%.
Jim's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Spearmint Resources management team is about average.
Chief Financial Officer
Chief Operating Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Spearmint Resources board of directors is about average.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Some Spearmint Resources (CNSX:SPMT) Shareholders Are Down 50%
View our latest analysis for Spearmint Resources Spearmint Resources didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … It seems likely some shareholders believe that Spearmint Resources will find or develop a valuable new mine before too long. … But with the share price diving 13% per year, over 5 years, it's probably fair to say that some shareholders no longer believe the company will succeed.
Spearmint Resources Inc., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. It holds 100% interests in the BC EL North, EL North 2, and EL North 3 Nickel-Copper; the BC NEBA Copper-Gold prospects; the BC Gold Triangle prospects; and the BC Henry Gold-Copper prospect located in the Golden Triangle, British Columbia. The company also holds 100% interests in the BC Gold Mountain property located near the town of Wells, British Columbia; four vanadium prospects of the Chibougamau vanadium prospects located in the direct vicinity of Lac Chibougamau, Quebec; the BC Safari Copper-Gold property located in north-central British Columbia; and the BC Hammernose Gold property located in the Spences Bridge gold belt in Southern British Colombia. In addition, it holds 100% interests in the Clayton Valley Lithium prospects located in Nevada; and the BC Nickel N. property located in British Columbia. Further, the company owns interest in the Prickle property covering an area of 4,980 contiguous acres in the Golden Triangle of British Columbia; the River Valley East platinum-palladium prospect that covers an area of approximately 4,700 contiguous acres in Ontario; and the Perron-East Gold Prospects consisting of 5 mineral claim blocks covering approximately 10,000 acres located in the Abitibi greenstone belt of northwestern Quebec. The company was formerly known as Indefinitely Capital Corp. and changed its name to Spearmint Resources Inc. in February 2012. Spearmint Resources Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.
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