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Shine Minerals

OTCPK:PAUF.F
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PAUF.F
OTCPK
CA$948K
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Shine Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, evaluation, and development of mineral properties. The last earnings update was 46 days ago. More info.


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  • Shine Minerals has significant price volatility in the past 3 months.
PAUF.F Share Price and Events
7 Day Returns
19.2%
OTCPK:PAUF.F
1.8%
US Metals and Mining
-2%
US Market
1 Year Returns
-
OTCPK:PAUF.F
-30.4%
US Metals and Mining
-15.1%
US Market
PAUF.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shine Minerals (PAUF.F) 19.2% -2% - - - -84%
US Metals and Mining 1.8% -22% -30.6% -30.4% -29% -11%
US Market -2% -19.7% -23.2% -15.1% 3.7% 14.4%
1 Year Return vs Industry and Market
  • No trading data on PAUF.F.
  • No trading data on PAUF.F.
Price Volatility
PAUF.F
Industry
5yr Volatility vs Market

Value

 Is Shine Minerals 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 Shine Minerals. This is due to cash flow or dividend data being unavailable. The share price is $0.05.
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 Shine Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shine Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:PAUF.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.01
TSXV:SMR Share Price ** TSXV (2020-04-02) in CAD CA$0.03
United States of America Metals and Mining Industry PE Ratio Median Figure of 36 Publicly-Listed Metals and Mining Companies 8.14x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.4x

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

** Primary Listing of Shine Minerals.

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

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

= 0.03 ÷ -0.01

-2.26x

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

  • Shine Minerals is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Shine Minerals 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 Shine Minerals's expected growth come at a high price?
Raw Data
OTCPK:PAUF.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.26x
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 0.89x

*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 Shine Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shine Minerals's assets?
Raw Data
OTCPK:PAUF.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.03
TSXV:SMR Share Price * TSXV (2020-04-02) in CAD CA$0.03
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 5,144 Publicly-Listed Companies 1.2x
OTCPK:PAUF.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ 0.03

0.88x

* Primary Listing of Shine Minerals.

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

  • Shine Minerals is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Shine Minerals'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. Shine Minerals has a total score of 1/6, 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.

Future Performance

 How is Shine Minerals 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 Shine 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 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
8.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shine Minerals expected to grow at an attractive rate?
  • Unable to compare Shine Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Shine Minerals's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Shine Minerals's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:PAUF.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 8.6%
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 7.1%

*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:PAUF.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:PAUF.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 0
2019-09-30 0 -1
2019-06-30 -1 -1
2019-03-31 -1 -1
2018-12-31 -1 -1
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 -1
2017-12-31 0 -1
2017-09-30 0 -1
2017-06-30 0 -1
2017-03-31 0 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Shine Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Shine 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.
Raw Data
OTCPK:PAUF.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Shine Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:PAUF.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.02
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.07
2017-12-31 -0.08
2017-09-30 -0.08
2017-06-30 -0.09
2017-03-31 -0.56

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

Next steps:

  1. Take a look at our analysis of PAUF.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Shine Minerals'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 Shine Minerals'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 Shine Minerals'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.
Shine Minerals 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.

Past Performance

  How has Shine Minerals 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 Shine Minerals'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.
  • Shine Minerals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Shine Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Shine Minerals's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Shine Minerals'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 Shine Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:PAUF.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -0.42 0.40
2019-09-30 -0.70 0.69
2019-06-30 -0.69 0.66
2019-03-31 -0.62 0.59
2018-12-31 -0.63 0.60
2018-09-30 -0.34 0.30
2018-06-30 -0.31 0.29
2018-03-31 -0.73 0.30
2017-12-31 -0.79 0.35
2017-09-30 -0.85 0.42
2017-06-30 -0.90 0.47
2017-03-31 -5.38 0.58
2016-12-31 -5.36 0.57
2016-09-30 -5.35 0.55
2016-06-30 -5.37 0.57
2016-03-31 -0.55 0.41
2015-12-31 -0.52 0.41
2015-09-30 -0.51 0.40
2015-06-30 -0.72 0.62
2015-03-31 -1.01 1.01
2014-12-31 -1.05 1.02
2014-09-30 -1.09 1.04
2014-06-30 -0.86 0.81
2014-03-31 -0.49 0.44
2013-12-31 -6.40 0.40
2013-09-30 -6.97 0.52
2013-06-30 -7.05 0.60

*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 Shine Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Shine Minerals 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 Shine Minerals 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 Shine Minerals'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.
Shine 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.

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

Health

 How is Shine Minerals'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 Shine Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shine Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Shine Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shine 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 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.
  • Debt is covered by short term assets, assets are 1.4x debt.
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 Shine Minerals Company Filings, last reported 3 months ago.

OTCPK:PAUF.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1.08 0.04 0.04
2019-09-30 1.16 0.04 0.06
2019-06-30 1.26 0.04 0.20
2019-03-31 0.51 0.04 0.53
2018-12-31 0.57 0.04 0.62
2018-09-30 0.70 0.04 0.76
2018-06-30 -0.55 0.12 0.10
2018-03-31 -0.50 0.10 0.00
2017-12-31 -0.44 0.08 0.00
2017-09-30 -0.37 0.05 0.01
2017-06-30 -0.31 0.05 0.02
2017-03-31 0.23 0.03 0.02
2016-12-31 0.34 0.00 0.07
2016-09-30 0.47 0.00 0.13
2016-06-30 0.58 0.00 0.20
2016-03-31 5.38 0.00 0.32
2015-12-31 5.47 0.00 0.40
2015-09-30 5.59 0.00 0.53
2015-06-30 4.94 0.05 0.03
2015-03-31 5.17 0.00 0.24
2014-12-31 5.23 0.00 0.47
2014-09-30 5.36 0.00 0.62
2014-06-30 5.68 0.00 0.90
2014-03-31 5.22 0.00 0.54
2013-12-31 5.32 0.00 0.56
2013-09-30 5.47 0.00 0.67
2013-06-30 5.58 0.00 0.75
  • Shine Minerals's level of debt (3.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Shine Minerals's debt level has increased without past 5-year debt data.
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.

  • Shine Minerals has less than a year of cash runway based on current free cash flow.
  • Shine Minerals has less than a year of cash runway if free cash flow continues to reduce at historical rates of -5.3% each year.
X
Financial health checks
We assess Shine Minerals'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. Shine Minerals has a total score of 2/6, 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.

Dividends

 What is Shine Minerals'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 Shine Minerals dividends.
If you bought $2,000 of Shine Minerals 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 Shine Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Shine Minerals'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:PAUF.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 1938 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 5.7%

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 Shine Minerals has not reported any payouts.
  • Unable to verify if Shine Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Shine Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Shine Minerals 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 Shine Minerals'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 Shine Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shine Minerals 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.

Management

 What is the CEO of Shine Minerals'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
Dev Randhawa
COMPENSATION CA$180,000
AGE 57
CEO Bio

Mr. Devinder Randhawa, also known as Dev, MBA, has been the Chairman of the Board and Chief Executive Officer of Fission Uranium Corp. since April 26, 2013 and also has been its Executive Director since February 13, 2013. Mr. Randhawa serves as the Chief Executive Officer of Gallagher Security Corp. and its Director since June 2018. He serves as the Chairman and Chief Executive Officer of Shine Minerals Corp. (formerly known as Ironside Resources Inc.) and served as its Chief Financial Officer since May 5, 2017 until June 3, 2017. Mr. Randhawa serves as the Chairman, President and Chief Executive Officer at Rockwealth Resources Corp. and served as its Interim Chief Financial Officer from May 5, 2017 to June 6, 2017. Mr. Randhawa has been the Chief Executive Officer of Papuan Precious Metals Corp. since 2006 and serves as its Chairman. He serves as the Chief Executive Officer at Pioneer Pacific Finance Corp. He was the Chief Executive Officer of Hilltop Cybersecurity Inc. (formerly, Big Wind Capital Inc.) since January 11, 2013 and served as its Chairman since January 8, 2013 until November 27, 2017 and Interim Chief Financial Officer since May 7, 2017 until May 31, 2017. He has been an Advisor of SecureCom Mobile Inc. since August 2015. He is the Founder of RD Capital Inc. and serves as its President. He serves as the Chief Executive Officer and President at Ballyliffin Capital Corp. He served as the Chief Executive Officer, President and Corporate Secretary of Pulse Oil Corp. (Also known as Wolfpack Capital Corp.) since September 17, 2012 until February 24, 2017. He is an experienced Chief Executive Officer with a strong track record of growing resource, mining exploration and energy companies. He has been in the venture capital/corporate finance (sub-investment banking) since 1985. He served as an Interim Chief Executive Officer of Advantage Lithium Corp. from August 29, 2016 to September 13, 2016. He served as the Chief Financial Officer at Ballyliffin Capital Corp. from June 22, 2006 to March 31, 2014. He served as an Interim Chief Executive Officer and Interim President of Tresoro Mining Corp. from March 31, 2010 to April 16, 2010. He served as the Chief Executive Officer and President of Jalna Minerals Ltd. since July 7, 2006. He served as the Chairman and Chief Executive Officer of Fission Energy Corp. from November 25, 2005 to 2013. He founded Strathmore Minerals Corp. in 1996 and served as its President since June 3, 2003 and its Chief Executive Officer from November 25, 2005 to January 2008. He served as the President of Medicure Inc. until November 24, 1999. He founded First Smart Sensor and Strathmore Resources Ltd. He served as the President of Lariat Capital Inc. since November 1999. He served as the Chief Executive Officer and President of Permission Marketing Solutions Inc. He founded Royal County Minerals Corp. and served as its Chief Executive Officer and President from 1998 to 2003. He founded Predator Capital Inc. He served as the Chief Executive Officer and President of Predator Exploration Ltd. until June 27, 2003. He served as the Chief Executive Officer of Sernova Corp. from April 27, 2005 to April 19, 2007 and served as its President from April 27, 2005 to June 26, 2006. He served as the Chief Executive Officer and President of Pacific Asia China Energy Inc. from December 2005 to May 2006. He served as Secretary and Treasurer of Eye Catching Marketing Corp. since March 3, 1997 and served as its Chief Financial Officer. He was either a registered representative or Investment Advisor and Corporate Finance Analyst for many years. He served as the Chairman and President of Blue Moon Investments Inc. since September 19, 1997. He served as the Chairman and Director of SecureCom Mobile Inc. from January 14, 2015 to August 11, 2015. He served as the Chairman of the Board at Tresoro Mining Corp. from July 8, 2009 to July 2010 and since January 27, 2011. He served as the Chairman of Strathmore Minerals Corp. from November 25, 2005 to September 2008 and American Exploration Corporation from October 29, 2008 to November 25, 2009. He served as an Executive Chairman of Pacific Asia China Energy Inc. from December 2005 to May 2006 and also served as its Chief Executive Officer. He served as a Vice Chairman of Sernova Corp. since May 2007. He has been a Director of Hilltop Cybersecurity Inc. He has been a Director of Fission 3.0 Corp. since September 23, 2013 and also has been its Executive Chairman and Chief Executive Officer. He has been a Director of Papuan Precious Metals Corp. since September 28, 2010, Boss Power Corp. since November 14, 2013, Toro Resources Corp. since January 08, 2013, Rockwealth Resources Corp. since August 20, 2014, Ballyliffin Capital Corp. since June 22, 2006, Shine Minerals Corp. (formerly known as Ironside Resources Inc.) since September 28, 2010 and Pioneer Pacific Finance Corp. since July 3, 2014. He served as a Non-Independent Director at Hilltop Cybersecurity Inc. since January 8, 2013 until November 27, 2017. He has been a Member of Advisory Board of Power Metals Corp. since August 2015 and served as its Director from February 2015 to August 2015. He served as a Member of Business Advisory Board of Sernova Corp. since October 27, 2009 and served as its Director from February 2005 to November 2009. He served as Director of Pulse Oil Corp. since September 17, 2012 until February 24, 2017. He served as a Director of Eye Catching Marketing Corp. since March 3, 1997. He served as a Director of Eros Resources Corp. from November 14, 2013 to July 16, 2015. He served as a Director of Strathmore Minerals Corp. from October 18, 1996 to September 2008 and Cumulus Ventures Ltd. He served as a Director at Azincourt Uranium Inc. from April 29, 2013 to February 6, 2015 and Advantage Lithium Corp. since August 29, 2016 until April 2017. He served as a Director of Blue Star Global, Inc (American Uranium Corp.) from September 20, 2007 to February 12, 2008, Tresoro Mining Corp. from July 8, 2009 to July 2010 and until April 2011, Pacific Asia China Energy Inc. since December 30, 2005, Jalna Minerals Ltd. since July 7, 2006, Wolf Capital Corp., Knowledge Plus Multimedia' Publishing Ltd., Permission Marketing Solutions Inc., Blue Moon Investments Inc. since September 19, 1997 and American Exploration Corporation from October 29, 2008 to November 25, 2009. He served as a Director of Westbridge Energy Corporation since December 08, 1998 and Fission Energy Corp. since October 18, 1998. He served as an Executive Director of Pracific Asia China Energy Inc. since December 30, 2005. Northern Miner Magazine named him ‘Mining Person of the Year 2013’ and Finance Monthly awarded him with their ‘Deal Maker of the Year 2013’ award. Mr. Randhawa holds BA in Business Administration with Honors from Trinity Western College of Langley, British Columbia in 1983 and Masters in Business Administration in Finance from the University of British Columbia in 1985. He

CEO Compensation
  • Dev's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Dev's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Dev Randhawa

TITLE
Chairman & CEO
COMPENSATION
CA$180K
AGE
57

Ryan Cheung

TITLE
Chief Financial Officer
COMPENSATION
CA$7K
AGE
41
TENURE
2.9 yrs

Ross McElroy

TITLE
Chief Geologist & Director
COMPENSATION
CA$28K
AGE
55

Bernard Kavanamur

TITLE
Vice President of Exploration
TENURE
8.8 yrs
Board of Directors Tenure

Average tenure and age of the Shine Minerals board of directors in years:

1.8
Average Tenure
57
Average Age
  • The average tenure for the Shine Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dev Randhawa

TITLE
Chairman & CEO
COMPENSATION
CA$180K
AGE
57

Ross McElroy

TITLE
Chief Geologist & Director
COMPENSATION
CA$28K
AGE
55
TENURE
1.8 yrs

Ron Netolitzky

TITLE
Member of Executive Advisory Board
AGE
77
TENURE
9.5 yrs

Mike Halvorson

TITLE
Member of Executive Advisory Board
AGE
73
TENURE
9.5 yrs

Robby, Rob Chang

TITLE
Independent Director
AGE
40
TENURE
1.4 yrs

Jamie Bannerman

TITLE
Director
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Shine Minerals individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Mar 20 Buy Devinder Randhawa Individual 11. Mar 20 11. Mar 20 23,000 $0.03 $670
04. Mar 20 Buy Devinder Randhawa Individual 03. Mar 20 03. Mar 20 13,000 $0.03 $389
18. Feb 20 Buy Devinder Randhawa Individual 14. Feb 20 14. Feb 20 22,000 $0.03 $664
27. Jan 20 Buy Devinder Randhawa Individual 27. Jan 20 27. Jan 20 47,000 $0.03 $1,426
31. Dec 19 Buy Devinder Randhawa Individual 30. Dec 19 30. Dec 19 95,000 $0.02 $1,455
X
Management checks
We assess Shine Minerals'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. Shine Minerals 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.

News

Simply Wall St News

Company Info

Description

Shine Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, evaluation, and development of mineral properties. Its primary asset is the Watts Lake zinc project that covers an area of 13,248 hectares located north-east of the town of La Ronge, Saskatchewan. The company was formerly known as Ironside Resources Inc. and changed its name to Shine Minerals Corp. in November 2018. Shine Minerals Corp. was founded in 2010 and is headquartered in Kelowna, Canada.

Details
Name: Shine Minerals Corp.
PAUF.F
Exchange: OTCPK
Founded: 2010
CA$671,110
37,938,677
Website: http://www.shineminerals.ca
Address: Shine Minerals Corp.
700-1620 Dickson Avenue,
Kelowna,
British Columbia, V1Y 9Y2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SMR Common Shares TSX Venture Exchange CA CAD 01. Oct 2010
OTCPK PAUF.F Common Shares Pink Sheets LLC US USD 01. Oct 2010
Number of employees
Current staff
Staff numbers
0
Shine Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 03:25
End of day share price update: 2020/04/02 00:00
Last earnings filing: 2020/02/18
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.