OPAWICA EXPLORATIONS INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 2.03
Market capitalization 8.36M
Operating cash flow -1.98M
ESG Scores unknown

Company description

Opawica Explorations Inc., a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead property that consists of 19 mineral claims covering an area of 400.76 hectares located in the Joannes Township, Quebec; and the Bazooka property, which comprises 41 mineral claims covering an area of 1320.92 hectares located in the Beauchastel Township, Quebec. It also holds 100% interests in the Richard Copper property that includes 4 mineral claims located to Rouyn Noranda, Quebec, as well as in the Lil d'Espoir Lake property, which comprises 176 mineral claims covering an area of approximately 44 square kilometers; and the Chapel Island property consisting of 173 mineral claims covering an area of approximately 43.25 square kilometers located in the Exploits Subzone of Central Newfoundland and Labrador. In addition, the company holds 70% interests in the Density, Eclipse, and Mass properties that includes 906 mineral claims located in Newfoundland and Labrador. It also holds an option to acquire a 100% interest in Enterprise property, which comprises 308 mineral claims located in the Exploits Subzone of Central Newfoundland and Labrador. Opawica Explorations Inc. was incorporated in 1975 and is based in Vancouver, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Diluted earning per share

Financial Ratios
Quick Ratio6.97
Working Capital-0.96
Return On Equity-0.47
Debt To Equity0.01
Fixed Asset Ratio0.47
Fixed Interest Cover-1279.45

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-08-31 2019-08-31 2020-08-31 2021-08-31
Change To Liabilities -44.21k 103.7k -97.51k 25.28k
Total Cashflows From Investing Activities -210.57k 108.94k -4.51k -1.26M
Net Borrowings -18.14k 18.51k 93.88k -73.2k
Total Cash From Financing Activities 651.29k 18.51k 521.55k 5.79M
Change To Operating Activities 625 625 -8.4k -157.93k
Issuance Of Stock 675k 427.68k 427.68k 6.1M
Net Income -454.4k -245.64k -363.35k -2.8M
Change In Cash -16.21k -4.98k 164.74k 3.05M
Effect Of Exchange Rate
Total Cash From Operating Activities -456.94k -132.43k -352.31k -1.48M
Depreciation 1.03k 795 118.36k 317.85k
Change To Account Receivables 33.86k 7.54k -1.41k -19.87k
Other Cashflows From Financing Activities -5.57k -234.22k -234.22k -234.22k
Change To Netincome 6.78k 550 1.15M 1.15M
Capital Expenditures -85.57k -16.06k -4.51k -1.27M

Income Statement 2018-08-31 2019-08-31 2020-08-31 2021-08-31
Research Development
Income Before Tax -454.4k -245.64k -363.35k -2.8M
Net Income -454.4k -245.64k -363.35k -2.8M
Selling General Administrative 454.16k 244.88k 242.67k 2.49M
Gross Profit -850
Ebit -455.19k -245.67k -361.03k -2.81M
Operating Income -455.19k -245.67k -361.03k -2.81M
Interest Expense -53 -53 -2.32k -2.19k
Income Tax Expense
Total Revenue
Cost Of Revenue 850
Total Other Income ExpenseNet 786 32 -2.32k 9.71k
Net Income From Continuing Ops -454.4k -245.64k -363.35k -2.8M
Net Income Applicable To Common Shares -454.4k -245.64k -363.35k -2.8M

Balance Sheet Statement 2018-08-31 2019-08-31 2020-08-31 2021-08-31
Total Liabilities 36.38k 165.8k 178.47k 528.65k
Total Stockholder Equity 1.33M 1.08M 1.15M 5.94M
Other Current Liabilities 388.6k
Total Assets 1.36M 1.25M 1.32M 6.47M
Common Stock 35.09M 35.09M 35.36M 41.74M
Other Current Assets
Retained Earnings -35.6M -35.84M -36.21M -39.01M
Treasury Stock 1.84M 2M 3.21M
Cash 5.07k 95 164.83k 3.21M
Total Current Liabilities 36.38k 165.8k 138.47k 488.65k
Other Stockholder Equity 1.84M 2M 3.21M
Property, Plant, and Equipment 1.22M 1.24M 1.15M 2.5M
Total Current Assets 142.22k 4.08k 178.62k 3.4M
Net Tangible Assets 1.33M 1.08M 1.15M 5.94M
Net Receivables 9.79k 2.25k 3.66k 23.53k
Accounts Payable 35.58k 149.68k 87.27k 76.75k


Insider Transactions

Here are the insider transactions of stock shares related to OPAWICA EXPLORATIONS INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Reynolds (Christopher)Acquisition or disposition in the public market at price 0.17 per share.I2022-05-12Director of Issuer237k
Morgan (Blake)Acquisition or disposition in the public market at price 0.19 per share.D2022-05-10Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.19 per share.D2022-05-09Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)7.5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.21 per share.D2022-05-05Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.20 per share.D2022-05-05Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.20 per share.D2022-05-05Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)2.5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.21 per share.D2022-05-02Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.22 per share.D2022-04-27Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.20 per share.D2022-04-27Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2022-04-13Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)15k
Reynolds (Christopher)Acquisition or disposition in the public market at price 0.24 per share.I2022-03-18Director of Issuer1.5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.25 per share.D2022-03-10Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.23 per share.D2022-03-08Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.24 per share.D2022-03-04Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.23 per share.D2022-03-04Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.28 per share.D2022-02-28Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.26 per share.D2022-02-28Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2022-02-08Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.35 per share.D2022-02-07Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.33 per share.D2022-02-07Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)20k
Morgan (Blake)Acquisition or disposition in the public market at price 0.26 per share.D2021-12-17Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.26 per share.D2021-12-17Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.27 per share.D2021-12-15Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)25k
Reynolds (Christopher)Acquisition or disposition in the public market at price 0.28 per share.I2021-12-14Director of Issuer250k
Morgan (Blake)Acquisition or disposition in the public market at price 0.32 per share.D2021-12-07Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.34 per share.D2021-12-01Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.31 per share.D2021-11-30Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)20k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2021-11-29Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.31 per share.D2021-11-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.37 per share.D2021-11-12Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.36 per share.D2021-11-12Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)8k
Morgan (Blake)Acquisition or disposition in the public market at price 0.37 per share.D2021-11-12Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.38 per share.D2021-11-10Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.39 per share.D2021-11-09Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.37 per share.D2021-11-09Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.35 per share.D2021-11-09Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)4.5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.35 per share.D2021-11-09Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5.5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.36 per share.D2021-11-08Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.35 per share.D2021-11-08Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2021-11-02Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2021-11-02Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2021-11-02Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)15k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2021-11-02Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2021-11-01Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)14k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2021-11-01Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2021-11-01Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2021-11-01Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k
Morgan (Blake)Acquisition or disposition in the public market at price 0.29 per share.D2021-11-01Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2021-10-29Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)6k
Morgan (Blake)Acquisition or disposition in the public market at price 0.30 per share.D2021-10-28Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10k
Morgan (Blake)Acquisition or disposition in the public market at price 0.32 per share.D2021-10-27Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5k

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 OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

Here is the result of two systematic investment strategies applied to OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

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

OPAWICA EXPLORATIONS INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 308.56% on the backtest period.

Performance at glance

Performance

308.56 %

Latent gain

5399.58 C$

Invested capital

1749.94 C$

Annualized return

69.5 %
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Momentum strategy results on OPAWICA EXPLORATIONS INC

This is the result of two momentum investment strategies applied to OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

The following chart shows all the entries opened by the momentum investment system on OPAWICA EXPLORATIONS INC:

OPAWICA EXPLORATIONS INC momentum entries
  • The first momentum investment strategy would give 448.82% of return on OPAWICA EXPLORATIONS INC. That represents 24684.94C$ of latent gain with 5499.92C$ of employed capital.
  • The second momentum investment strategy would give 468.89% of return on OPAWICA EXPLORATIONS INC. That represents 17583.34C$ of latent gain with 3749.97C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

448.82 %

Latent gain

24684.94 C$

Invested capital

5499.92 C$

Annualized return

113.84 %
Performance at glance (2Q Momentum)

Performance

468.89 %

Latent gain

17583.34 C$

Invested capital

3749.97 C$

Annualized return

118.41 %

Momentum equity curve on OPAWICA EXPLORATIONS INC

The following chart shows the equity curve of the two momentum strategies applied to OPAWICA EXPLORATIONS INC:

OPAWICA EXPLORATIONS INC momentum equity

Note: the dividends potentially given by OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

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

OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

Buy the dip entry openings on OPAWICA EXPLORATIONS INC

OPAWICA EXPLORATIONS INC

The performance achieved by the robo-advisor on OPAWICA EXPLORATIONS INC is 277.78%. That represents 2083.5$ of latent gain with 750.06C$ of employed capital. The following chart shows OPAWICA EXPLORATIONS INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of OPAWICA EXPLORATIONS 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

277.78 %

Latent gain

2083.5 C$

Invested capital

750.06 C$

Annualized return

113.84 %

Equity curve of the strategy applied to OPAWICA EXPLORATIONS INC

The following chart shows the result of the investment strategy applied to OPAWICA EXPLORATIONS INC:

OPAWICA EXPLORATIONS INC

Note: the dividends potentially given by OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

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

OPAWICA EXPLORATIONS 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 OPAWICA EXPLORATIONS INC

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

Equity curve comparison on OPAWICA EXPLORATIONS INC

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

OPAWICA EXPLORATIONS INC investment strategy comparison

Employed capital comparison on OPAWICA EXPLORATIONS INC

OPAWICA EXPLORATIONS INC investment comparison

Performance comparison on OPAWICA EXPLORATIONS INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 308.56% 5399.58C$ 1749.94C$ 69.5%
Momentum 1 quarter 448.82% 24684.94C$ 5499.92C$ 106.86%
Momentum 2 quarters 468.89% 17583.34C$ 3749.97C$ 118.41%
Non-directional 277.78% 2083.5C$ 750.06C$ 113.84%
Annualized return comparison

Automatic investment

69.5 %

Momentum 1Q

118.41 %

Momentum 2Q

118.41 %

Non-directional

113.84 %

Correlated stocks

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


Company information

Company name OPAWICA EXPLORATIONS INC
Country Canada
City Vancouver
Address 595 Burrard Street
Phone
Website opawica.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker OPW.XTSX
Market www.tsx.com

OPAWICA EXPLORATIONS 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