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
Sixty North Gold Mining. 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
Sixty North Gold Mining's
is considered below, and whether this is a fair price.
Price based on past earnings
Sixty North Gold Mining'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 Sixty North Gold Mining 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
Sixty North Gold Mining
expected to grow at an
Unable to compare Sixty North Gold Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Sixty North Gold Mining's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Sixty North Gold Mining's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Sixty North Gold Mining is high growth as no earnings estimate data is available.
Unable to determine if Sixty North Gold Mining 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.
Sixty North Gold Mining'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.
Sixty North Gold Mining
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
Sixty North Gold Mining's finances.
The net worth of a company is the difference between its assets and liabilities.
Sixty North Gold Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Sixty North Gold Mining has no long term commitments.
This treemap shows a more detailed breakdown of
Sixty North Gold Mining'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.
Sixty North Gold Mining 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. Gavin Kirk has been President, Chief Executive Officer and Director of Sixty North Gold Mining Ltd. since May 15, 2019. Mr. Kirk has worked in the investment community since 1985, beginning with Lévesque Beaubien Geoffrion (now National BankFinancial), followed by Union Securities Ltd. and Raymond James Ltd. During his 25 years in the capital markets, he gainedextensive experience in sales and trading, as well as early-stage company financing, marketing, strategic planning andcorporate restructuring.
Insufficient data for Gavin to compare compensation growth.
Insufficient data for Gavin to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Sixty North Gold Mining
management team in years:
The average tenure for the Sixty North Gold Mining management team is less than 2 years, this suggests a new team.
Chairman & CFO
VP of Corporate Development & Corporate Secretary
Board of Directors Tenure
Average tenure and age of the
Sixty North Gold Mining
board of directors in years:
The average tenure for the Sixty North Gold Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman & CFO
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
What Type Of Shareholder Owns Sixty North Gold Mining Ltd.'s (CNSX:SXTY)?
See our latest analysis for Sixty North Gold Mining CNSX:SXTY Ownership Summary, August 8th 2019 What Does The Lack Of Institutional Ownership Tell Us About Sixty North Gold Mining? … General Public Ownership The general public, who are mostly retail investors, collectively hold 63% of Sixty North Gold Mining shares. … Private Company Ownership It seems that Private Companies own 11%, of the SXTY stock.
How Much Are Sixty North Gold Mining Ltd. (CNSX:SXTY) Insiders Spending On Buying Shares?
CNSX:SXTY Recent Insider Trading, June 14th 2019 Sixty North Gold Mining is not the only stock insiders are buying. … Sixty North Gold Mining Insiders Bought Stock Recently Over the last three months, we've seen a bit of insider buying at Sixty North Gold Mining. … Insider Ownership of Sixty North Gold Mining I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders.
Who Owns Most Of Sixty North Gold Mining Ltd (CNSX:SXTY)?
I am going to take a deep dive into Sixty North Gold Mining Ltd’s (CNSX:SXTY) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Therefore, it is beneficial for us to examine SXTY's ownership structure in more detail.
Sixty North Gold Mining Ltd. engages in the acquisition, exploration, and development of natural resource properties in Canada. It principally explores for gold. The company holds an option to earn an 80% interest in the Mon Gold Property comprising 11 mining leases and 3 mineral claims covering approximately 1,536.92 acres, which is located 45 kilometres north of Yellowknife, the Northwest Territories. Sixty North Gold Mining Ltd. was founded in 2016 and is headquartered in Vancouver, Canada.
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