HUNTINGTON EXPLORATION INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/AC$ (N/A)
Beta 0.71
Market capitalization 17.16M
Operating cash flow -619.7k
ESG Scores unknown

Company description

Angel Wing Metals Inc., a minerals exploration company, focuses on exploring early-stage precious metals properties in Canada and Mexico. Its flagship asset is the El Grande gold project that covers approximately 550 square kilometers in the southern extension of the prolific Sierra Madre Occidental gold-silver belt in the state of Nayarit, Mexico. The company also owns two early-stage gold exploration projects in Northwestern Ontario. The company was formerly known as Huntington Exploration Inc. and changed its name to Angel Wing Metals Inc. in May 2022. Angel Wing Metals Inc. was incorporated in 1995 and is headquartered in Toronto, Canada.

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

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -46.8k 15.33k
Total Cashflows From Investing Activities 68.01k 15.36k -3.3M -3.3M
Net Borrowings
Total Cash From Financing Activities 490.36k 490.36k 1.09M 8.54M
Change To Operating Activities 72 5.05k -206.61k 199.73k
Issuance Of Stock 500k 500k 1.09M 8.54M
Net Income -315.56k -182.36k -176.91k -1.93M
Change In Cash -252.33k 340.04k 716.8k 4.61M
Effect Of Exchange Rate
Total Cash From Operating Activities -320.34k -165.68k -369.99k -619.7k
Depreciation 50.91k 2.71k 13.54k 2.95k
Change To Account Receivables 21.04k 5.47k
Other Cashflows From Financing Activities -9.64k -9.64k -430 -229
Change To Netincome -30k -11.89k 1.11M 1.11M
Capital Expenditures -294.96k -294.96k -294.96k -294.96k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -300.43k -182.36k -176.91k -1.96M
Net Income -315.56k -182.36k -176.91k -1.93M
Selling General Administrative 186.75k 176.81k 113.24k 839.52k
Gross Profit -64.8k -20.47k -50.14k 20.09k
Ebit -302.47k -200k -176.91k -1.96M
Operating Income -302.47k -200k -176.91k -1.96M
Interest Expense
Income Tax Expense -33.84k
Total Revenue 52.77k 37.6k 49.99k 96.77k
Cost Of Revenue 117.58k 58.07k 100.13k 76.68k
Total Other Income ExpenseNet -37.52k 17.64k
Net Income From Continuing Ops -300.43k -182.36k -176.91k -1.93M
Net Income Applicable To Common Shares -315.56k -182.36k -176.91k -1.93M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 169.67k 175.68k 229.01k 709.05k
Total Stockholder Equity -9.57k 298.43k 1.22M 9.86M
Other Current Liabilities 67.88k 72.27k 65.39k 398.07k
Total Assets 160.11k 474.12k 1.45M 10.57M
Common Stock 10.87M 11.36M 12.46M 21.89M
Other Current Assets
Retained Earnings -13.09M -13.27M -13.45M -15.38M
Treasury Stock 2.21M 2.21M 2.21M 3.35M
Cash 87.31k 427.35k 1.14M 5.76M
Total Current Liabilities 98.48k 101.93k 141.8k 619.12k
Other Stockholder Equity 2.21M 2.21M 2.21M 3.35M
Property, Plant, and Equipment 368 221 33.77k 1.59M
Total Current Assets 99k 428.52k 1.37M 8.94M
Net Tangible Assets -9.57k 298.43k 1.22M 9.86M
Net Receivables 6.65k 1.17k 39.84k 61.76k
Accounts Payable 600 4.16k 22.41k 193.54k


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
Santarossa (Mark Davis CPA)Acquisition or disposition in the public market at price 0.14 per share.D2022-05-05Director of Issuer25k
Sontrop (Marc)Acquisition or disposition in the public market at price 0.23 per share.D2022-02-28Director of Issuer32.3k
Wilson (Bryan Hugh)Acquisition or disposition in the public market at price 0.16 per share.D2022-01-14Director of Issuer10k
Sontrop (Marc)Acquisition or disposition in the public market at price 0.19 per share.D2022-01-14Director of Issuer23k
Wilson (Bryan Hugh)Acquisition or disposition in the public market at price 0.14 per share.D2021-12-02Director of Issuer20k
Amin (Jamal)Exercise of warrants at price 0.04 per share.I2021-08-11Senior Officer of Issuer100k
Sontrop (Marc)Exercise of warrants at price 0.04 per share.D2021-08-11Director of Issuer200k
Santarossa (Mark Davis CPA)Exercise of warrants at price 0.04 per share.D2021-08-11Director of Issuer100k
Mullin (Joseph)Exercise of warrants at price 0.04 per share.D2021-08-11Director of Issuer100k
Busch (Frank)Exercise of warrants at price 0.04 per share.D2021-08-11Director of Issuer75k
ASA Gold and Precious Metals LimitedD2021-06-1710% Security Holder of Issuer
ASA Gold and Precious Metals LimitedAcquisition or disposition carried out privately at price 0.23 per share.D2021-06-1710% Security Holder of Issuer7.9M
Mullin (Joseph)Acquisition or disposition under a prospectus exemption at price 0.23 per share.D2021-06-16Director of Issuer85k
Santarossa (Mark Davis CPA)Acquisition or disposition under a prospectus exemption at price 0.23 per share.D2021-06-16Director of Issuer25k
Wilson (Bryan Hugh)Acquisition or disposition under a prospectus exemption at price 0.23 per share.D2021-06-16Director of Issuer175k
Sontrop (Marc)Acquisition or disposition under a prospectus exemption at price 0.28 per share.D2021-06-16Director of Issuer75k
Sontrop (Marc)Acquisition or disposition under a prospectus exemption at price 0.23 per share.D2021-06-16Director of Issuer65k
Sontrop (Marc)Acquisition or disposition under a prospectus exemption at price 0.23 per share.I2021-06-16Director of Issuer350k

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 HUNTINGTON 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 HUNTINGTON EXPLORATION INC

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

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

HUNTINGTON EXPLORATION INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 707.85% on the backtest period.

Performance at glance

Performance

707.85 %

Latent gain

12387.69 C$

Invested capital

1750.05 C$

Annualized return

161.61 %
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Momentum strategy results on HUNTINGTON EXPLORATION INC

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

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

HUNTINGTON EXPLORATION INC momentum entries
  • The first momentum investment strategy would give 1095.27% of return on HUNTINGTON EXPLORATION INC. That represents 65716.06C$ of latent gain with 5999.99C$ of employed capital.
  • The second momentum investment strategy would give 965.0% of return on HUNTINGTON EXPLORATION INC. That represents 43424.77C$ of latent gain with 4499.96C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1095.27 %

Latent gain

65716.06 C$

Invested capital

5999.99 C$

Annualized return

589.5 %
Performance at glance (2Q Momentum)

Performance

965.0 %

Latent gain

43424.77 C$

Invested capital

4499.96 C$

Annualized return

247.44 %

Momentum equity curve on HUNTINGTON EXPLORATION INC

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

HUNTINGTON EXPLORATION INC momentum equity

Note: the dividends potentially given by HUNTINGTON 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 HUNTINGTON EXPLORATION INC

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

HUNTINGTON 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 HUNTINGTON EXPLORATION INC

Buy the dip entry openings on HUNTINGTON EXPLORATION INC

HUNTINGTON EXPLORATION INC

The performance achieved by the robo-advisor on HUNTINGTON EXPLORATION INC is 1403.0%. That represents 17537.67$ of latent gain with 1250.01C$ of employed capital. The following chart shows HUNTINGTON EXPLORATION INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of HUNTINGTON 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

1403.0 %

Latent gain

17537.67 C$

Invested capital

1250.01 C$

Annualized return

589.5 %

Equity curve of the strategy applied to HUNTINGTON EXPLORATION INC

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

HUNTINGTON EXPLORATION INC

Note: the dividends potentially given by HUNTINGTON 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 HUNTINGTON EXPLORATION INC

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

HUNTINGTON 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 HUNTINGTON EXPLORATION INC

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

Equity curve comparison on HUNTINGTON EXPLORATION INC

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

HUNTINGTON EXPLORATION INC investment strategy comparison

Employed capital comparison on HUNTINGTON EXPLORATION INC

HUNTINGTON EXPLORATION INC investment comparison

Performance comparison on HUNTINGTON EXPLORATION INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 707.85% 12387.69C$ 1750.05C$ 161.61%
Momentum 1 quarter 1095.27% 65716.06C$ 5999.99C$ 264.56%
Momentum 2 quarters 965.0% 43424.77C$ 4499.96C$ 247.44%
Non-directional 1403.0% 17537.67C$ 1250.01C$ 589.5%
Annualized return comparison

Automatic investment

161.61 %

Momentum 1Q

247.44 %

Momentum 2Q

247.44 %

Non-directional

589.5 %

Correlated stocks

Here are the most positively and negatively correlated stocks with HUNTINGTON 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 HUNTINGTON EXPLORATION INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of HUNTINGTON EXPLORATION INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name HUNTINGTON EXPLORATION INC
Country Canada
City Toronto
Address 82 Richmond Street East
Phone
Website www.angelwingmetals.com
FullTime employees
Industry Other Precious Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker HEI.XTSX
Market www.tsx.com

HUNTINGTON 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