CANOE MINING VENTURES CORP chart

Last update: 2018-08-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 0.09
Market capitalization 2.71M
Operating cash flow -188.91k
ESG Scores unknown

Company description

Canoe Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of gold resource properties in Northern Ontario, Canada. It holds 100% interest in the Kerrs Gold Property consisting of 10 mining claims and 12 mining leasehold patents located in the Larder Lake Mining Division of Ontario; and the Salo Property covering an area of 136 hectares located in Ontario. The company was incorporated in 2011 and is based in Oakville, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Change To Liabilities -67.8k 12.38k 77.61k -36.9k
Total Cashflows From Investing Activities -216.91k -53.6k -53.6k -6.75k
Net Borrowings
Total Cash From Financing Activities 985.29k
Change To Operating Activities 18.82k 29.13k -10.53k -19.93k
Issuance Of Stock 1M
Net Income -533.68k -683.13k -254.51k -253.27k
Change In Cash 484.29k -652.93k -304.28k -240.1k
Effect Of Exchange Rate
Total Cash From Operating Activities -284.09k -652.93k -250.68k -233.35k
Depreciation
Change To Account Receivables -15.71k -21.25k -66.16k -13.23k
Other Cashflows From Financing Activities -14.71k
Change To Netincome 314.29k 9.95k 2.9k 89.98k
Capital Expenditures -53.6k -53.6k -53.6k -6.75k

Income Statement 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Research Development
Income Before Tax -533.68k -683.13k -254.51k -253.27k
Net Income -533.68k -683.13k -254.51k -253.27k
Selling General Administrative 183.21k 205.65k 217.38k 326.02k
Gross Profit
Ebit -195.2k -207.33k -217.38k -326.02k
Operating Income -195.2k -207.33k -217.38k -326.02k
Interest Expense -2.9k -2.9k -2.9k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -338.49k -475.8k -40.04k 72.75k
Net Income From Continuing Ops -533.68k -683.13k -254.51k -253.27k
Net Income Applicable To Common Shares -533.68k -683.13k -254.51k -253.27k

Balance Sheet Statement 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Total Liabilities 586.26k 623.97k 693.96k 543.65k
Total Stockholder Equity 762.69k 86.61k -155.11k -224.93k
Other Current Liabilities 158.8k 58.56k 64.47k 64.21k
Total Assets 1.35M 710.58k 538.85k 318.73k
Common Stock 8.02M 8.02M 8.03M 8.03M
Other Current Assets
Retained Earnings -8.21M -8.89M -9.15M -9.4M
Treasury Stock 539.17k 539.17k 539.17k 539.17k
Cash 1.32M 670.17k 365.89k 125.79k
Total Current Liabilities 586.26k 623.97k 693.96k 543.65k
Other Stockholder Equity 539.17k 539.17k 539.17k 539.17k
Property, Plant, and Equipment 66.4k 73.14k
Total Current Assets 1.35M 710.58k 472.45k 245.58k
Net Tangible Assets 762.69k 86.61k -155.11k -224.93k
Net Receivables 17.65k 38.9k 105.06k 118.29k
Accounts Payable 333.8k 346.02k 417.84k 372.44k


Insider Transactions

Here are the insider transactions of stock shares related to CANOE MINING VENTURES CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Parnham (Duane)Acquisition or disposition in the public market at price 0.14 per share.D2021-01-13Director of Issuer40k
Kelly (Scott)Acquisition or disposition in the public market at price 0.14 per share.D2021-01-12Director of Issuer194.38k
Kelly (Scott)Acquisition or disposition in the public market at price 0.12 per share.D2020-10-26Director of Issuer264.82k
Kelly (Scott)Acquisition or disposition in the public market at price 0.13 per share.D2020-10-07Director of Issuer175k
Kelly (Scott)Acquisition or disposition in the public market at price 0.13 per share.D2020-10-02Director of Issuer225k
Kelly (Scott)Acquisition or disposition in the public market at price 0.11 per share.D2020-09-25Director of Issuer41.5k
Kelly (Scott)Acquisition or disposition in the public market at price 0.12 per share.D2020-09-23Director of Issuer100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CANOE MINING VENTURES CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CANOE MINING VENTURES CORP

Here is the result of two systematic investment strategies applied to CANOE MINING VENTURES CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CANOE MINING VENTURES CORP

The following chart shows the equity curve of the two systematic investment strategies applied to CANOE MINING VENTURES CORP:

CANOE MINING VENTURES CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 128.59% on the backtest period.

Performance at glance

Performance

128.59 %

Latent gain

3214.91 C$

Invested capital

2500.03 C$

Annualized return

31.52 %
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Momentum strategy results on CANOE MINING VENTURES CORP

This is the result of two momentum investment strategies applied to CANOE MINING VENTURES CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CANOE MINING VENTURES CORP

The following chart shows all the entries opened by the momentum investment system on CANOE MINING VENTURES CORP:

CANOE MINING VENTURES CORP momentum entries
  • The first momentum investment strategy would give 189.82% of return on CANOE MINING VENTURES CORP. That represents 11863.61C$ of latent gain with 6250.02C$ of employed capital.
  • The second momentum investment strategy would give 201.27% of return on CANOE MINING VENTURES CORP. That represents 9560.3C$ of latent gain with 4750.08C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

189.82 %

Latent gain

11863.61 C$

Invested capital

6250.02 C$

Annualized return

55.47 %
Performance at glance (2Q Momentum)

Performance

201.27 %

Latent gain

9560.3 C$

Invested capital

4750.08 C$

Annualized return

55.91 %

Momentum equity curve on CANOE MINING VENTURES CORP

The following chart shows the equity curve of the two momentum strategies applied to CANOE MINING VENTURES CORP:

CANOE MINING VENTURES CORP momentum equity

Note: the dividends potentially given by CANOE MINING VENTURES CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANOE MINING VENTURES CORP

The following chart shows the employed capital evolution of the two momentum strategies on CANOE MINING VENTURES CORP since the beginning:

CANOE MINING VENTURES CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on CANOE MINING VENTURES CORP

Buy the dip entry openings on CANOE MINING VENTURES CORP

CANOE MINING VENTURES CORP

The performance achieved by the robo-advisor on CANOE MINING VENTURES CORP is 115.38%. That represents 288.45$ of latent gain with 249.99C$ of employed capital. The following chart shows CANOE MINING VENTURES CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CANOE MINING VENTURES CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

115.38 %

Latent gain

288.45 C$

Invested capital

249.99 C$

Annualized return

55.47 %

Equity curve of the strategy applied to CANOE MINING VENTURES CORP

The following chart shows the result of the investment strategy applied to CANOE MINING VENTURES CORP:

CANOE MINING VENTURES CORP

Note: the dividends potentially given by CANOE MINING VENTURES CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANOE MINING VENTURES CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on CANOE MINING VENTURES CORP:

CANOE MINING VENTURES CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CANOE MINING VENTURES CORP

In this section, I will compare the three previous investment strategies applied to CANOE MINING VENTURES CORP.

Equity curve comparison on CANOE MINING VENTURES CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CANOE MINING VENTURES CORP investment strategy comparison

Employed capital comparison on CANOE MINING VENTURES CORP

CANOE MINING VENTURES CORP investment comparison

Performance comparison on CANOE MINING VENTURES CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 128.59% 3214.91C$ 2500.03C$ 31.52%
Momentum 1 quarter 189.82% 11863.61C$ 6250.02C$ 49.43%
Momentum 2 quarters 201.27% 9560.3C$ 4750.08C$ 55.91%
Non-directional 115.38% 288.45C$ 249.99C$ 55.47%
Annualized return comparison

Automatic investment

31.52 %

Momentum 1Q

55.91 %

Momentum 2Q

55.91 %

Non-directional

55.47 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CANOE MINING VENTURES CORP:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between CANOE MINING VENTURES CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of CANOE MINING VENTURES CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CANOE MINING VENTURES CORP
Country Canada
City Oakville
Address 277 Lakeshore Road East
Phone 289 837 0101
Website www.canoemining.ca
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker CLV.XTSX
Market www.tsx.com

CANOE MINING VENTURES CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown