Manitou Gold Inc. engages in the acquisition, exploration, and development of mineral property interests located in the Gold Rock District of Northwestern Ontario and in the Goudreau- Localsh area of Northern Ontario, Canada.
The last earnings update was 128 days ago.
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
Manitou Gold. 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
Manitou Gold'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 Manitou Gold 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 Manitou Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Manitou Gold's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Manitou Gold's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Manitou Gold is high growth as no earnings estimate data is available.
Unable to determine if Manitou Gold 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.
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 Manitou Gold's filings and announcements here.
Manitou Gold'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.
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. Richard P. Murphy, P.Geo. has been the Chief Executive Officer of Manitou Gold Inc. since May 1, 2015 and serves as President since January 2020. Mr. Murphy served as President of Manitou Gold Inc. from May 1, 2015 to April 10, 2017. He served as the Chief Executive Officer and President of Inventus Mining Corp. (also known as Ginguro Exploration Inc.) from July 2009 to April 30, 2015. He served as the Chief Executive Officer of Manitou Gold Inc. from 2009 to June 29, 2012 and served as its President since 2009 until 2012. He is a practicing professional geoscientist with over ten years mineral exploration experience in Ontario, northern Manitoba and in the Canadian Arctic. He served as the Chief Executive Officer and President of Independent Nickel Corp., since April 12, 2005. He served as the Vice President of Corporate Development of Wallbridge Mining Co. Ltd. since September 16, 2004. Mr. Murphy has a strong background in corporate development including the identification, acquisition and exploration of strategic mineral assets. He served as Exploration Manager of Wallbridge Mining. He started his career at Wallbridge in 1996 and played a key role in its exploration project generation, operation, investor relations and new business development. He served as the Chairman of Manitou Gold Inc. from 2011 to June 29, 2012. He served as a Director of Manitou Gold Inc. since April 22, 2015 until July 13, 2017. He served as a Director of Independent Nickel Corp., since June 18, 2004. He served as a Director of Manitou Gold Inc. from June 4, 2009 to June 29, 2012 and Inventus Mining Corp. since July 2009. He served as a Director of Victory Nickel, Inc. from October 9, 2008 to March 26, 2009. Mr. Murphy completed a B.Sc. in Geology from the University of Western Ontario and an Honors diploma in Geology from Laurentian University.
Richard's compensation has increased whilst company is loss making.
Richard's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Manitou Gold management team is about average.
Chief Financial Officer
Vice President Corporate Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Manitou Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Manitou Gold individual insiders in the past 3 months, but not in substantial volumes.
Manitou Gold Inc. engages in the acquisition, exploration, and development of mineral property interests located in the Gold Rock District of Northwestern Ontario and in the Goudreau- Localsh area of Northern Ontario, Canada. The company explores for gold properties. Its principal mineral assets include a 100% interest in the Kenwest property that holds 32 patented mining claims and 10 mining licenses of occupation covering 599 hectares located in the Township of Boyer Lake; and a 100% interest in the Gaffney property comprising 26 unpatented claims covering 4,560 hectares and 12 patented claims totaling 174 hectares located in the south of Dryden, Ontario. Manitou Gold Inc. was founded in 2009 and is headquartered in Toronto, Canada.
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