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Manganese X Energy

OTCPK:SNCG.F
Snowflake Description

Flawless balance sheet and slightly overvalued.

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

Manganese X Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • Manganese X Energy has significant price volatility in the past 3 months.
SNCG.F Share Price and Events
7 Day Returns
0%
OTCPK:SNCG.F
2.2%
US Metals and Mining
-2.6%
US Market
1 Year Returns
-63.6%
OTCPK:SNCG.F
-27.7%
US Metals and Mining
-13.3%
US Market
SNCG.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Manganese X Energy (SNCG.F) 0% -17.9% -38.4% -63.6% -70.3% -
US Metals and Mining 2.2% -17.4% -28.7% -27.7% -27.1% -8.7%
US Market -2.6% -15.2% -22.2% -13.3% 5.7% 17.2%
1 Year Return vs Industry and Market
  • SNCG.F underperformed the Metals and Mining industry which returned -27.7% over the past year.
  • SNCG.F underperformed the Market in United States of America which returned -13.3% over the past year.
Price Volatility
SNCG.F
Industry
5yr Volatility vs Market

SNCG.F Value

 Is Manganese X Energy 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
Here we compare the current share price of Manganese X Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Manganese X Energy.

OTCPK:SNCG.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SNCG.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.816 (1 + (1- 26.5%) (0%))
0.877
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.88
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.877 * 5.44%)
6.51%

Discounted Cash Flow Calculation for OTCPK:SNCG.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Manganese X Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

OTCPK:SNCG.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 6.51%)
2020 0.44 Est @ 51.57% 0.41
2021 0.60 Est @ 36.62% 0.53
2022 0.76 Est @ 26.16% 0.63
2023 0.90 Est @ 18.83% 0.70
2024 1.02 Est @ 13.7% 0.75
2025 1.12 Est @ 10.11% 0.77
2026 1.21 Est @ 7.6% 0.78
2027 1.28 Est @ 5.84% 0.77
2028 1.34 Est @ 4.61% 0.76
2029 1.39 Est @ 3.75% 0.74
Present value of next 10 years cash flows CA$6.00
OTCPK:SNCG.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$1.39 × (1 + 1.74%) ÷ (6.51% – 1.74%)
CA$29.65
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$29.65 ÷ (1 + 6.51%)10
CA$15.78
OTCPK:SNCG.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$6.00 + CA$15.78
CA$21.78
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$21.78 / 67.56
CA$0.32
OTCPK:SNCG.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SNCG.F represents 0.58x of TSXV:MN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.58x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.32 x 0.58
$0.19
Value per share (USD) From above. $0.19
Current discount Discount to share price of $0.04
= -1 x ($0.04 - $0.19) / $0.19
76.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Manganese X Energy is available for.
Intrinsic value
>50%
Share price is $0.0435 vs Future cash flow value of $0.18697
Current Discount Checks
For Manganese X Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Manganese X Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Manganese X Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Manganese X Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Manganese X Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SNCG.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.02
TSXV:MN Share Price ** TSXV (2020-03-26) in CAD CA$0.08
United States of America Metals and Mining Industry PE Ratio Median Figure of 36 Publicly-Listed Metals and Mining Companies 8.55x
United States of America Market PE Ratio Median Figure of 2,946 Publicly-Listed Companies 12.49x

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

** Primary Listing of Manganese X Energy.

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

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

= 0.08 ÷ -0.02

-4.59x

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

  • Manganese X Energy is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Manganese X Energy 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 Manganese X Energy's expected growth come at a high price?
Raw Data
OTCPK:SNCG.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.59x
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 0.01x
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 Manganese X Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Manganese X Energy's assets?
Raw Data
OTCPK:SNCG.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.02
TSXV:MN Share Price * TSXV (2020-03-26) in CAD CA$0.08
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 5,158 Publicly-Listed Companies 1.22x
OTCPK:SNCG.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 0.02

4.59x

* Primary Listing of Manganese X Energy.

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

  • Manganese X Energy is overvalued based on assets compared to the US Metals and Mining industry average.
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Value checks
We assess Manganese X Energy'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. Manganese X Energy has a total score of 2/6, 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.

SNCG.F Future Performance

 How is Manganese X Energy 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 Manganese X Energy 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
8.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Manganese X Energy expected to grow at an attractive rate?
  • Unable to compare Manganese X Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Manganese X Energy's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Manganese X Energy's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:SNCG.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 8.4%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
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:SNCG.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:SNCG.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -1
2019-09-30 -1 -1
2019-06-30 -1 -1
2019-03-31 0 -1
2018-12-31 -2 -1
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -2
2017-09-30 -2 -2
2017-06-30 -2 -1
2017-03-31 -2 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Manganese X Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Manganese X Energy 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:SNCG.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 Manganese X Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNCG.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.02
2019-09-30 -0.02
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.03
2017-12-31 -0.05
2017-09-30 -0.07
2017-06-30 -0.03
2017-03-31 -0.03

*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 Manganese X Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Manganese X Energy'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. Manganese X Energy'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 Manganese X Energy's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Manganese X Energy'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.
Manganese X Energy 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.

SNCG.F Past Performance

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

OTCPK:SNCG.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 -1.03 1.02
2019-09-30 -1.36 1.35
2019-06-30 -1.29 1.29
2019-03-31 -1.20 1.20
2018-12-31 -1.28 1.27
2018-09-30 -0.84 0.84
2018-06-30 -0.91 0.90
2018-03-31 -1.34 1.33
2017-12-31 -1.58 1.62
2017-09-30 -2.34 2.50
2017-06-30 -1.04 2.33
2017-03-31 -0.74 2.03
2016-12-31 -0.05 1.32
2016-09-30 0.76 0.40
2016-06-30 -0.19 0.19
2016-03-31 -0.05 0.06
2015-12-31 -0.52 0.48
2015-09-30 -0.60 0.55
2015-06-30 -0.68 0.65
2015-03-31 -0.78 0.71
2014-12-31 -0.61 0.56
2014-09-30 -0.62 0.56
2014-06-30 -0.81 0.76
2014-03-31 -0.88 0.85
2013-12-31 0.69 1.02
2013-09-30 0.33 1.36
2013-06-30 -0.03 1.73

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

SNCG.F Health

 How is Manganese X Energy'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 Manganese X Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Manganese X Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Manganese X Energy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Manganese X Energy'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.
  • Low level of unsold assets.
  • Manganese X Energy 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 Manganese X Energy Company Filings, last reported 3 months ago.

OTCPK:SNCG.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1.10 0.00 0.61
2019-09-30 1.31 0.00 0.71
2019-06-30 1.38 0.00 0.76
2019-03-31 0.98 0.00 0.65
2018-12-31 0.82 0.00 0.17
2018-09-30 0.91 0.00 0.78
2018-06-30 1.14 0.00 0.92
2018-03-31 1.13 0.00 0.93
2017-12-31 0.44 0.00 0.27
2017-09-30 0.51 0.00 0.27
2017-06-30 0.64 0.00 0.43
2017-03-31 1.13 0.00 0.47
2016-12-31 0.00 0.00 0.13
2016-09-30 0.31 0.02 0.02
2016-06-30 -1.40 0.12 0.12
2016-03-31 -1.22 0.10 0.00
2015-12-31 -1.33 0.12 0.35
2015-09-30 -1.65 0.12 0.00
2015-06-30 -1.59 0.12 0.00
2015-03-31 -1.57 0.14
2014-12-31 -1.31 0.93 0.03
2014-09-30 -1.27 0.88 0.02
2014-06-30 -1.19 0.11 0.00
2014-03-31 -1.06 0.05 0.00
2013-12-31 -0.94 0.05 0.00
2013-09-30 -0.80 0.04 0.01
2013-06-30 -0.72 0.04 0.02
  • Manganese X Energy has no debt.
  • Manganese X Energy currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Whilst loss making Manganese X Energy has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Manganese X Energy has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.2% per year.
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Financial health checks
We assess Manganese X Energy'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. Manganese X Energy 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.

SNCG.F Dividends

 What is Manganese X Energy'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 Manganese X Energy dividends.
If you bought $2,000 of Manganese X Energy 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 Manganese X Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Manganese X Energy'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:SNCG.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 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
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 Manganese X Energy has not reported any payouts.
  • Unable to verify if Manganese X Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Manganese X Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Manganese X Energy 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 Manganese X Energy'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 Manganese X Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Manganese X Energy 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.

SNCG.F Management

 What is the CEO of Manganese X Energy'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
Martin Kepman
TENURE AS CEO 3.5 years
CEO Bio

Mr. Martin Kepman serves as Chief Executive Officer at Manganese X Energy Corp. Mr. Kepman has been President at Manganese X Energy Corp. since October 2016 and its Director since April 2016. He served as Interim Chief Executive Officer of Manganese X Energy Corp. (formerly known as Sunset Cove Mining Inc.) Mr. Kepman is a Founder of Martin Kepman and Associates Inc. (“MK&A”), founded in 1982, is a business development and management consulting firm owned and operated by its President MK&A. In his 34 years of consulting experience, Mr. Kepman has consulted on a wide range of projects, in multiple industries ranging from software, softgoods, printing, food to mining. He is highly skilled at planning, organization as well as assisting Corporations in financing. He has successfully implemented a variety of installations for a significant number of major corporations and because of his practical approach, has been recognized as an expert in identifying the strengths and weaknesses of Corporations for strategic business plans; recognized within various industries as a successful specialist in turnarounds.

CEO Compensation
  • Insufficient data for Martin to compare compensation growth.
  • Insufficient data for Martin to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Manganese X Energy management team in years:

4.3
Average Tenure
  • The tenure for the Manganese X Energy management team is about average.
Management Team

Jacques Arsenault

TITLE
Chief Financial Officer
COMPENSATION
CA$25K
AGE
62
TENURE
9.3 yrs

Marc Blais

TITLE
Consultant
COMPENSATION
CA$122K
AGE
58
TENURE
5.2 yrs

Martin Kepman

TITLE
CEO, President & Director
TENURE
3.5 yrs

Shimmy Posen

TITLE
Corporate Secretary
TENURE
3.4 yrs
Board of Directors Tenure

Average tenure and age of the Manganese X Energy board of directors in years:

3.3
Average Tenure
60.5
Average Age
  • The tenure for the Manganese X Energy board of directors is about average.
Board of Directors

Martin Kepman

TITLE
CEO, President & Director
TENURE
4 yrs

Mark Billings

TITLE
Independent Director
COMPENSATION
CA$10K
AGE
49
TENURE
5.2 yrs

Roger Dahn

TITLE
Vice-President of Exploration & Director
AGE
60
TENURE
3.6 yrs

Anthony Viele

TITLE
Director
AGE
61
TENURE
0.6 yrs

Jessica Dahn

TITLE
Member of Technical & Marketing Advisory Board
TENURE
3.3 yrs

Peter Godbehere

TITLE
Member of Technical & Marketing Advisory Board
TENURE
3.3 yrs

Luisa de Fatima Moreno

TITLE
Director
TENURE
3.3 yrs

Jay Richardson

TITLE
Member of Technical & Marketing Advisory Board
AGE
74
TENURE
3.3 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 ($) Value ($)
11. Apr 19 Buy Martin Kepman Individual 11. Apr 19 11. Apr 19 200,000 $0.09 $17,941
X
Management checks
We assess Manganese X Energy'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. Manganese X Energy 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.

SNCG.F News

Simply Wall St News

SNCG.F Company Info

Description

Manganese X Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. The company’s flagship project is the Battery Hill Houlton Woodstock Manganese property consisting of 55 claims totaling 1,228 hectares located in Carlton County, New Brunswick. It also explores for copper, nickel, cobalt, and graphite deposits. The company was formerly known as Sunset Cove Mining Inc. and changed its name to Manganese X Energy Corp. in December 2016. Manganese X Energy Corp. is headquartered in Saint-Laurent, Canada.

Details
Name: Manganese X Energy Corp.
SNCG.F
Exchange: OTCPK
Founded:
CA$3,582,036
67,564,845
Website: http://www.manganesexenergycorp.com
Address: Manganese X Energy Corp.
145 Rue Graveline,
Saint-Laurent,
Quebec, H4T 1R3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MN Common Shares TSX Venture Exchange CA CAD 05. Dec 2010
OTCPK SNCG.F Common Shares Pink Sheets LLC US USD 05. Dec 2010
DB 9SC2 Common Shares Deutsche Boerse AG DE EUR 05. Dec 2010
DB A2AQWZ COM NPV(POST REV SPLIT) Deutsche Boerse AG DE CAD 07. Apr 2020
Number of employees
Current staff
Staff numbers
0
Manganese X Energy employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 03:29
End of day share price update: 2020/03/26 00:00
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


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.