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Jaxon Mining

OTCPK:JXMN.F
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JXMN.F
OTCPK
CA$6M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. The last earnings update was 114 days ago. More info.


Add to Portfolio Compare Print
  • Jaxon Mining has significant price volatility in the past 3 months.
JXMN.F Share Price and Events
7 Day Returns
-25.1%
OTCPK:JXMN.F
1.5%
US Metals and Mining
-2.8%
US Market
1 Year Returns
-23.5%
OTCPK:JXMN.F
-30.6%
US Metals and Mining
-15.9%
US Market
JXMN.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jaxon Mining (JXMN.F) -25.1% -25.1% -12.1% -23.5% -8.5% -
US Metals and Mining 1.5% -21.7% -30.8% -30.6% -29.2% -11.2%
US Market -2.8% -18.8% -24% -15.9% 2.8% 13.3%
1 Year Return vs Industry and Market
  • JXMN.F outperformed the Metals and Mining industry which returned -30.6% over the past year.
  • JXMN.F underperformed the Market in United States of America which returned -15.9% over the past year.
Price Volatility
JXMN.F
Industry
5yr Volatility vs Market

JXMN.F Value

 Is Jaxon Mining 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 Jaxon Mining. This is due to cash flow or dividend data being unavailable. The share price is $0.03902.
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 Jaxon Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jaxon Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:JXMN.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in CAD CA$-0.01
TSXV:JAX Share Price ** TSXV (2020-03-30) in CAD CA$0.05
United States of America Metals and Mining Industry PE Ratio Median Figure of 36 Publicly-Listed Metals and Mining Companies 8.1x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jaxon Mining.

OTCPK:JXMN.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:JAX Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.01

-4.51x

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

  • Jaxon Mining is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Jaxon Mining is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Jaxon Mining's expected growth come at a high price?
Raw Data
OTCPK:JXMN.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 22 Publicly-Listed Metals and Mining Companies -0.12x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.88x

*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 Jaxon Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jaxon Mining's assets?
Raw Data
OTCPK:JXMN.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in CAD CA$0.05
TSXV:JAX Share Price * TSXV (2020-03-30) in CAD CA$0.05
United States of America Metals and Mining Industry PB Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 0.99x
United States of America Market PB Ratio Median Figure of 5,146 Publicly-Listed Companies 1.2x
OTCPK:JXMN.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:JAX Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.05

1.07x

* Primary Listing of Jaxon Mining.

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

  • Jaxon Mining is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Jaxon Mining'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. Jaxon Mining 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.

JXMN.F Future Performance

 How is Jaxon Mining 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 Jaxon 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 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
8.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jaxon Mining expected to grow at an attractive rate?
  • Unable to compare Jaxon Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Jaxon Mining's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Jaxon Mining's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:JXMN.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 8.7%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
OTCPK:JXMN.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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.
OTCPK:JXMN.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-10-31 0 -1
2019-07-31 -1 -2
2019-04-30 -1 -1
2019-01-31 -1 -3
2018-10-31 -2 -1
2018-07-31 -2 -2
2018-04-30 -2 -2
2018-01-31 -2 -1
2017-10-31 -1 -2
2017-07-31 -1 -1
2017-04-30 -1 -1
2017-01-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Jaxon Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Jaxon 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.
Raw Data
OTCPK:JXMN.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Jaxon Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:JXMN.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-10-31 -0.01
2019-07-31 -0.02
2019-04-30 -0.02
2019-01-31 -0.03
2018-10-31 -0.02
2018-07-31 -0.04
2018-04-30 -0.03
2018-01-31 -0.02
2017-10-31 -0.05
2017-07-31 -0.02
2017-04-30 -0.03
2017-01-31 -0.02

*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 Jaxon Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Jaxon Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Jaxon Mining'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. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Jaxon Mining's filings and announcements 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 Jaxon Mining'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Jaxon Mining 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.

JXMN.F Past Performance

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

OTCPK:JXMN.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 -1.13 0.90
2019-07-31 -1.58 1.03
2019-04-30 -1.42 1.25
2019-01-31 -2.74 1.13
2018-10-31 -1.50 1.54
2018-07-31 -2.44 2.68
2018-04-30 -2.40 2.61
2018-01-31 -1.11 2.46
2017-10-31 -2.19 2.03
2017-07-31 -1.01 0.86
2017-04-30 -0.78 0.65
2017-01-31 -0.56 0.43
2016-10-31 -0.36 0.27
2016-07-31 -0.24 0.15
2016-04-30 -0.21 0.13
2016-01-31 -0.19 0.12
2015-10-31 -0.64 0.13
2015-07-31 -0.57 0.06
2015-04-30 -0.57 0.06
2015-01-31 -0.57 0.05
2014-10-31 -0.58 0.07
2014-07-31 -0.70 0.12
2014-04-30 -0.72 0.13
2014-01-31 -0.74 0.16
2013-10-31 -0.52 0.44
2013-07-31 -0.56 0.47
2013-04-30 -0.65 0.56

*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 Jaxon Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Jaxon Mining has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Jaxon Mining 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 Jaxon Mining'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.
Jaxon 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.

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

JXMN.F Health

 How is Jaxon Mining'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 Jaxon Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jaxon Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jaxon Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jaxon 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 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.
  • Jaxon Mining 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 Jaxon Mining Company Filings, last reported 5 months ago.

OTCPK:JXMN.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 5.53 0.00 1.59
2019-07-31 4.53 0.00 0.51
2019-04-30 5.00 0.00 1.32
2019-01-31 4.16 0.00 0.53
2018-10-31 4.26 0.00 0.28
2018-07-31 3.96 0.00 1.18
2018-04-30 3.62 0.00 1.46
2018-01-31 5.09 0.00 3.17
2017-10-31 2.75 0.00 1.43
2017-07-31 1.21 0.00 0.58
2017-04-30 0.42 0.00 0.24
2017-01-31 0.09 0.00 0.12
2016-10-31 0.36 0.00 0.28
2016-07-31 -0.11 0.23 0.01
2016-04-30 -0.10 0.23 0.01
2016-01-31 -0.23 0.19 0.00
2015-10-31 -0.18 0.14 0.04
2015-07-31 -0.07 0.09 0.04
2015-04-30 -0.06 0.05 0.04
2015-01-31 -0.05 0.05 0.04
2014-10-31 0.24 0.03 0.05
2014-07-31 0.29 0.04 0.09
2014-04-30 0.29 0.04 0.09
2014-01-31 0.22 0.01 0.00
2013-10-31 0.78 0.02 0.12
2013-07-31 0.23 0.45 0.03
2013-04-30 0.25 0.45 0.03
  • Jaxon Mining has no debt.
  • Jaxon Mining has no debt compared to 5 years ago when it was 13.7%.
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.

  • Jaxon Mining has sufficient cash runway for 1.4 years based on current free cash flow.
  • Jaxon Mining has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 45.2% each year.
X
Financial health checks
We assess Jaxon Mining'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. Jaxon Mining has a total score of 6/6, 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.

JXMN.F Dividends

 What is Jaxon Mining'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 Jaxon Mining dividends.
If you bought $2,000 of Jaxon Mining shares you are expected to receive $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 Jaxon Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Jaxon Mining'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
OTCPK:JXMN.F 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
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 3.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1936 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America 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 Jaxon Mining has not reported any payouts.
  • Unable to verify if Jaxon Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Jaxon Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Jaxon Mining 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 Jaxon Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Jaxon Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jaxon Mining 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.

JXMN.F Management

 What is the CEO of Jaxon Mining'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
John Burns
COMPENSATION CA$54,000
AGE 68
TENURE AS CEO 1.5 years
CEO Bio

Mr. John King Burns has been Advisor of One World Lithium Inc since November 2018. He serves as a Senior Project Advisor to Potomac Asset Management Co, Inc. Mr. Burns has been senior advisor at Potomac Energy and Strategic Resources Fund, since September 2010. He has been Chief Executive Officer of Jaxon Mining Inc. since October 12, 2018 and has been its Director since June 23, 2017 and served as its President. Mr. Burns has been an Independent Businessman since 1997 and is a Commodities Trading Advisor in Chicago, Illinois. He serves as Managing Director at Potomac Investments. He is a Consultant to several private and public companies providing business management, fundraising and financial consulting services. He served as Managing Director of FRM Management LLC. and Managing Director from 1991 to 1996. He served as Managing Director and an Associated Person of Frontier Risk Management, LLC. He served as Senior Vice President and Managing Director of Frontier Risk Management. He served as Managing Director of Coal to Liquids at NuCoal Energy Corporation. He served as Vice President, Senior Risk Manager and Chief Financial Officer at New Street Capital Corporation. He was Global Head of Commodity Derivatives, Barclays Metals, Barclays Bank PLC London England. from 1996 to 1999. He was Global Head of Commodity Derivatives at Frontier Resources Management, Inc., from 1996 to 1999. He served as a Managing Director and Global Head of Derivative Trading and Finance for Barclays Metals Group at Barclays Bank PLC (Barclays PLC) from 1992 to 1997, where Mr. Burns was responsible for building and managing the team and the systems necessary to support the trading of derivatives and the paper created from related structured financings. Mr. Burns served as the Vice President and Chief Financial Officer of the Drexel Burnham Lambert Commodity Group. He served as the Managing Director of Barclays Metals Group and Barclays Bank PLC. He served as the President of MR3 Systems, Inc. from November 2003 to April 2004 and served as its Chief Operating Officer. From March 2000 to December 2002, he served as the President and Chief Executive Officer of Global Fiduciary Trade Services. He served as President and Chief Executive Officer of Frontier Resources Management from February 1997 to 1999. In 1986, Mr. Burns was Vice President, Senior Risk Manager and Chief Financial Officer of the Drexel Commodities Group at Drexel Burnham Lambert Inc., New York and of Drexel Burnham Lambert Trade Finance Ltd., New York. From 1982 to 1990, he worked in a number of trading positions on the equity options, FX and commodity desks at Drexel Burnham and developed the trading and risk management systems used to support derivative trading activities on each desk. He has been the Chairman of Advisory Board at Lockwood Financial Ltd. since September 2010. He has been the Chairman of the Board of Jaxon Minerals Inc. since June 2017 and its Lead Director since June 2017 until October 15, 2018. He served as the Chairman of Simba Essel Energy Inc. (formerly known as Simba Energy Inc.) since September, 2009. He serves as the Chairman of NuCoal Energy Corporation. He has been the Chairman of Titan Goldworx Resources Inc. since November 2011. He served as the Chairman of Dolly Varden Silver Corporation from March, 2011 to March 24, 2015. He served as the Chairman of Amana Copper Ltd. and served as an Independent Director since February 4, 2011. Mr. Burns served as the Non-Executive Chairman of Emgold Mining Corporation from June 2005 to August 2007. He served as the Chairman of Northern Orion Resources Ltd. Mr. Burns served as the Chairman of Global Fiduciary Trade Services. He served as the Chairman of NovaDx Ventures Corp. He served as the Interim Chairman of Athabasca Potash Inc. since October 2008. Mr. Burns served as the Chairman of Urban Select Capital Corporation until December 6, 2016 and served as its Director from November 15, 2015 to December 6, 2016. Mr. Burns serves as a US Director of Coexis Ltd., Rickmansworth, U.K. and a Director of Equinom Inc. Chicago, Illinois. He served an Independent Non-Executive Director of China Gold International Resources Corp. Ltd. from October 27, 2009 to June 25, 2019. He serves as a Director of Wilton Properties Ltd. He has been an Independent Director of Simba Essel Energy Inc. (formerly known as Simba Energy Inc.) since September 22, 2009. Mr. Burns serves as a Director of Gold Star Resources Corp, in Centennial Colorado. He served as a Director of Dolly Varden Silver Corporation from January 30, 2012 to March 24, 2015. He served as a Director of Corazon Gold Corporation from January 14, 2011 to January 27, 2014. He served as Independent Director of Northern Orion Resources Ltd. since May 26, 1995. He was Director of Hunter Energy LLC since February 2001 and DDX LLC from 2002 to 2003. He served as Lead Director of Northern Orion Resources Ltd. (Northern Orion Resources Inc.) until August 10, 2005. He served as a Director of NovaDx Ventures Corp since March 29, 2006 and International Wastewater Systems Inc. until October 27, 2015. He served as Lead Director at Athabasca Potash Inc since October 12, 2007 and its Director since October 12, 2007. Mr. Burns served as an Independent Director of Emgold Mining Corporation from June 18, 2003 to August 2007 and served as its Lead Director from 2004 to June 2005. He served as a Director of MR3 Systems, Inc. from November 2003 to April 2004. He is the author of a number of option and volatility related financial products including: Drexel Implied Volatility Agreements and DRAFTs (Drexel Range Adjusted Forward Transactions). He has served as lead director and an audit committee member for many public companies. Mr. Burns is also the author and sponsor of the World Commodity Banking System proposal. He has over 30 years of management, financial and consulting experience with both domestic and international firms. Mr. Burns has extensive experience providing business management, project management, capital arranging, corporate financial advising and forensic auditing services to natural resource and technology companies. Mr. Burns has extensive experience in the global resource sector. Mr. Burns also completed non-major courses in accounting, finance, marketing and computer science at Wharton while as an undergraduate. He graduated from the University of Pennsylvania with a Bachelor of Arts degree in economics in 1973.

CEO Compensation
  • Insufficient data for John to compare compensation growth.
  • John's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Jaxon Mining management team in years:

1.5
Average Tenure
  • The average tenure for the Jaxon Mining management team is less than 2 years, this suggests a new team.
Management Team

John Burns

TITLE
Chairman & CEO
COMPENSATION
CA$54K
AGE
68
TENURE
1.5 yrs

Tony Guo

TITLE
President
COMPENSATION
CA$25K
AGE
56
TENURE
0.5 yrs

Alain Voisin

TITLE
CFO & Corporate Secretary
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Jaxon Mining board of directors in years:

2.8
Average Tenure
66
Average Age
  • The average tenure for the Jaxon Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Burns

TITLE
Chairman & CEO
COMPENSATION
CA$54K
AGE
68
TENURE
2.8 yrs

Tony Guo

TITLE
President
COMPENSATION
CA$25K
AGE
56
TENURE
2.7 yrs

Laurence Stephenson

TITLE
Independent Director
AGE
70
TENURE
11.4 yrs

Jamie Lavigne

TITLE
Independent Director
AGE
66
TENURE
11.4 yrs

Neil Moloney

TITLE
Member of Technical Advisory Board
TENURE
2.7 yrs

Wilson Jin

TITLE
Member of Technical Advisory Board
AGE
49
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Aug 19 Buy Yingting Guo Individual 13. Aug 19 13. Aug 19 54,000 $0.03 $1,836
X
Management checks
We assess Jaxon Mining'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. Jaxon Mining 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.

JXMN.F News

Simply Wall St News

JXMN.F Company Info

Description

Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. The company explores for silver, gold, zinc, copper, and lead deposits. Its flagship project is the Hazelton project (Red Springs), which covers an area of approximately 42,244 hectares located to the east of the town of Hazelton in north-central British Columbia. The company was formerly known as Jaxon Minerals Inc. and changed its name to Jaxon Mining Inc. in August 2017. Jaxon Mining Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Jaxon Mining Inc.
JXMN.F
Exchange: OTCPK
Founded: 2006
CA$4,449,815
125,776,684
Website: http://www.jaxonmining.com
Address: Jaxon Mining Inc.
750 West Pender Street,
Suite 1105,
Vancouver,
British Columbia, V6C 2T8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV JAX New Common Shares TSX Venture Exchange CA CAD 26. Jun 2007
OTCPK JXMN.F New Common Shares Pink Sheets LLC US USD 26. Jun 2007
DB 0U31 New Common Shares Deutsche Boerse AG DE EUR 26. Jun 2007
Number of employees
Current staff
Staff numbers
0
Jaxon Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 05:55
End of day share price update: 2020/03/30 00:00
Last earnings filing: 2019/12/13
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/01/31


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.