HARFANG EXPLORATION INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/AC$ (N/A)
Beta 1.11
Market capitalization 18.18M
Operating cash flow -4.09M
ESG Scores unknown

Company description

Harfang Exploration Inc., an exploration and evaluation stage company, primarily acquires and explores for mineral properties in Canada. The company explores for gold, copper, silver, nickel, chromium, platinum, palladium, and other metals. It focuses on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Québec for precious metals. The company is headquartered in Montreal, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2019-01-31 2020-01-31 2021-01-31 2022-01-31
Change To Liabilities 105.42k -58.45k 361.76k 3.81k
Total Cashflows From Investing Activities -69.94k -80.52k -231.28k -356.18k
Net Borrowings
Total Cash From Financing Activities 1.08M 2.18M 7.92M 3.03M
Change To Operating Activities -10.65k 15.29k -66.62k -33.94k
Issuance Of Stock 1.05M 2.24M 7.74M 3.13M
Net Income -1.17M -1.24M -1.66M -3.41M
Change In Cash -202.57k 674.98k 5.72M -1.42M
Effect Of Exchange Rate
Total Cash From Operating Activities -1.22M -1.42M -1.96M -4.09M
Depreciation 584 12.93k 9.66k 11.11k
Change To Account Receivables 4.23k -7.36k 7.36k
Other Cashflows From Financing Activities 37.49k -60.26k 180.03k -105.99k
Change To Netincome -147.24k -151.52k -613.55k -662.01k
Capital Expenditures -69.94k -80.52k -231.28k -45.59k

Income Statement 2019-01-31 2020-01-31 2021-01-31 2022-01-31
Research Development
Income Before Tax -1.4M -1.49M -2.13M -4.53M
Net Income -1.17M -1.24M -1.66M -3.41M
Selling General Administrative 610.13k 452.24k 437.57k 523.07k
Gross Profit 566 416 76 8.16k
Ebit -1.41M -1.52M -2.31M -4.35M
Operating Income -1.41M -1.52M -2.31M -4.35M
Interest Expense
Income Tax Expense -228.23k -255.69k -464.28k -1.12M
Total Revenue 566 416 76 8.16k
Cost Of Revenue
Total Other Income ExpenseNet 9.37k 25.03k 179.37k -175.71k
Net Income From Continuing Ops -1.17M -1.24M -1.66M -3.41M
Net Income Applicable To Common Shares -1.17M -1.24M -1.66M -3.41M

Balance Sheet Statement 2019-01-31 2020-01-31 2021-01-31 2022-01-31
Total Liabilities 193.19k 318.4k 1.3M 931.35k
Total Stockholder Equity 2.92M 3.59M 8.72M 7.99M
Other Current Liabilities 37.61k 156.82k 884.87k 402.09k
Total Assets 3.11M 3.91M 10.02M 8.92M
Common Stock 5.3M 7.07M 13.32M 15.99M
Other Current Assets
Retained Earnings -2.96M -4.52M -6.25M -9.66M
Treasury Stock 370.59k 725.52k 1.26M 607.13k
Cash 2.29M 2.96M 8.68M 7.26M
Total Current Liabilities 193.19k 318.4k 1.3M 931.35k
Other Stockholder Equity 370.59k 725.52k 1.26M 607.13k
Property, Plant, and Equipment 745.51k 876.54k 1M 1.04M
Total Current Assets 2.37M 3.03M 8.77M 7.39M
Net Tangible Assets 2.92M 3.59M 8.72M 7.99M
Net Receivables 76.61k 68.22k 84.18k 120.76k
Accounts Payable 155.58k 161.58k 418.5k 529.26k


Insider Transactions

Here are the insider transactions of stock shares related to HARFANG EXPLORATION INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Campbell (Ian James)D2022-04-13Director of Issuer
Rees (Karen Joanne)D2022-04-13Director of Issuer
Janson (Jean-Pierre)D2022-04-13Director of Issuer90.91k
Innes (Daniel Grant)D2022-04-13Director of Issuer
Gaumond (Andr�)I2022-04-13Director of Issuer181.82k
Campbell (Ian James)I2022-04-13Director of Issuer
Pothier (Marc)Acquisition or disposition in the public market at price 0.17 per share.D2022-04-04Senior Officer of Issuer20k
Gaumond (Andr�)Acquisition or disposition under a prospectus exemption at price 0.36 per share.D2021-11-03Director of Issuer45k
Dube-Bourgeois (Vincent)D2021-09-01Director of Issuer
Goulet (Francois)Acquisition or disposition in the public market at price 0.24 per share.D2021-07-13Director of Issuer10k
Janson (Jean-Pierre)Acquisition or disposition carried out privately at price 0.41 per share.D2021-06-25Director of Issuer80k
Ruel (Frederic)Acquisition or disposition under a prospectus exemption at price 0.41 per share.D2021-06-25Director or Senior Officer of 10% Security Holder50k
Pothier (Marc)Acquisition or disposition under a prospectus exemption at price 0.41 per share.D2021-06-25Senior Officer of Issuer10k
Mariage (Frank)Acquisition or disposition under a prospectus exemption at price 0.41 per share.D2021-06-25Director of Issuer4k
Gaumond (Andr�)Acquisition or disposition under a prospectus exemption at price 0.41 per share.D2021-06-25Director of Issuer60k

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 HARFANG EXPLORATION INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on HARFANG EXPLORATION INC

Here is the result of two systematic investment strategies applied to HARFANG EXPLORATION INC. 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 HARFANG EXPLORATION INC

The following chart shows the equity curve of the two systematic investment strategies applied to HARFANG EXPLORATION INC:

HARFANG EXPLORATION INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 213.9% on the backtest period.

Performance at glance

Performance

213.9 %

Latent gain

4812.37 C$

Invested capital

2249.86 C$

Annualized return

47.75 %
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Momentum strategy results on HARFANG EXPLORATION INC

This is the result of two momentum investment strategies applied to HARFANG EXPLORATION INC. 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 HARFANG EXPLORATION INC

The following chart shows all the entries opened by the momentum investment system on HARFANG EXPLORATION INC:

HARFANG EXPLORATION INC momentum entries
  • The first momentum investment strategy would give 238.91% of return on HARFANG EXPLORATION INC. That represents 17918.86C$ of latent gain with 7500.36C$ of employed capital.
  • The second momentum investment strategy would give 288.03% of return on HARFANG EXPLORATION INC. That represents 13682.02C$ of latent gain with 4750.23C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

238.91 %

Latent gain

17918.86 C$

Invested capital

7500.36 C$

Annualized return

37.66 %
Performance at glance (2Q Momentum)

Performance

288.03 %

Latent gain

13682.02 C$

Invested capital

4750.23 C$

Annualized return

72.01 %

Momentum equity curve on HARFANG EXPLORATION INC

The following chart shows the equity curve of the two momentum strategies applied to HARFANG EXPLORATION INC:

HARFANG EXPLORATION INC momentum equity

Note: the dividends potentially given by HARFANG EXPLORATION INC 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 HARFANG EXPLORATION INC

The following chart shows the employed capital evolution of the two momentum strategies on HARFANG EXPLORATION INC since the beginning:

HARFANG EXPLORATION INC

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 HARFANG EXPLORATION INC

Buy the dip entry openings on HARFANG EXPLORATION INC

HARFANG EXPLORATION INC

The performance achieved by the robo-advisor on HARFANG EXPLORATION INC is 93.4%. That represents 700.38$ of latent gain with 749.9C$ of employed capital. The following chart shows HARFANG EXPLORATION INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of HARFANG EXPLORATION INC, 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

93.4 %

Latent gain

700.38 C$

Invested capital

749.9 C$

Annualized return

37.66 %

Equity curve of the strategy applied to HARFANG EXPLORATION INC

The following chart shows the result of the investment strategy applied to HARFANG EXPLORATION INC:

HARFANG EXPLORATION INC

Note: the dividends potentially given by HARFANG EXPLORATION INC 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 HARFANG EXPLORATION INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on HARFANG EXPLORATION INC:

HARFANG EXPLORATION INC

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 HARFANG EXPLORATION INC

In this section, I will compare the three previous investment strategies applied to HARFANG EXPLORATION INC.

Equity curve comparison on HARFANG EXPLORATION INC

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

HARFANG EXPLORATION INC investment strategy comparison

Employed capital comparison on HARFANG EXPLORATION INC

HARFANG EXPLORATION INC investment comparison

Performance comparison on HARFANG EXPLORATION INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 213.9% 4812.37C$ 2249.86C$ 47.75%
Momentum 1 quarter 238.91% 17918.86C$ 7500.36C$ 56.35%
Momentum 2 quarters 288.03% 13682.02C$ 4750.23C$ 72.01%
Non-directional 93.4% 700.38C$ 749.9C$ 37.66%
Annualized return comparison

Automatic investment

47.75 %

Momentum 1Q

72.01 %

Momentum 2Q

72.01 %

Non-directional

37.66 %

Correlated stocks

Here are the most positively and negatively correlated stocks with HARFANG EXPLORATION INC:

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 HARFANG EXPLORATION INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of HARFANG EXPLORATION INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name HARFANG EXPLORATION INC
Country Canada
City Montreal
Address 1100, avenue des Canadiens-de-MontrEal
Phone
Website www.harfangexploration.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker HAR.XTSX
Market www.tsx.com

HARFANG EXPLORATION INC 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