SOKOMAN MINERALS CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 2.34
Market capitalization 64.9M
Operating cash flow -7.46M
ESG Scores unknown

Company description

Sokoman Minerals Corp., an exploration-stage company, focuses on exploring mineral properties in Canada. The company's primary focus is its portfolio of gold projects that include Moosehead, Crippleback Lake, and East Alder located in Central Newfoundland Gold Belt; and the district-scale Fleur de Lys project in north-central Newfoundland. It also controls approximately 150,000 hectares in Newfoundland. In addition, the company has interests in an early-stage Startrek antimony/gold project in Newfoundland; and the Iron Horse (Fe) project in Labrador. The company was formerly known as Sokoman Iron Corp. and changed its name to Sokoman Minerals Corp. in February 2019. Sokoman Minerals Corp. is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -9.26k 7.35k 43.8k 530.76k
Total Cashflows From Investing Activities -14.86k -41.49k -16.29k -493.47k
Net Borrowings
Total Cash From Financing Activities 831.48k 5.15M 2.01M 16.3M
Change To Operating Activities 1.39k -148.82k 142.95k -41.34k
Issuance Of Stock 882.86k 5.24M 2.11M 16.77M
Net Income -522.07k -3.48M -2.48M -3.77M
Change In Cash 352.57k 2M 150.89k 12.69M
Effect Of Exchange Rate
Total Cash From Operating Activities -464.05k -3.11M -1.84M -3.12M
Depreciation 80.37k 158.97k 241.59k 38.61k
Change To Account Receivables -214.08k -214.08k 118.65k -90.61k
Other Cashflows From Financing Activities -51.38k -82.95k -98.72k -468.76k
Change To Netincome -14.49k 564.91k 88.01k 215.11k
Capital Expenditures -14.86k -41.49k -16.79k -493.47k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -522.07k -3.48M -2.48M -3.77M
Net Income -522.07k -3.48M -2.48M -3.77M
Selling General Administrative 107.45k 976.94k 568.66k 614.03k
Gross Profit
Ebit -525.03k -3.53M -2.54M -3.94M
Operating Income -525.03k -3.53M -2.54M -3.94M
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 2.96k 51.84k 64.85k 165.66k
Net Income From Continuing Ops -522.07k -3.48M -2.48M -3.77M
Net Income Applicable To Common Shares -522.07k -3.48M -2.48M -3.77M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 66.25k 78.42k 179.87k 646.15k
Total Stockholder Equity 1.36M 3.83M 3.41M 16.36M
Other Current Liabilities 2.01k 6.83k 64.48k
Total Assets 1.43M 3.91M 3.59M 17M
Common Stock 8.54M 12.75M 14.58M 31.87M
Other Current Assets 4.5k 4.9k 400 400
Retained Earnings -11.76M -15.24M -17.71M -21.49M
Treasury Stock 809.1k 1.97M 1.93M 1.01M
Cash 556.02k 2.56M 2.71M 15.4M
Total Current Liabilities 66.25k 78.42k 179.87k 646.15k
Other Stockholder Equity 809.1k 1.97M 1.93M 1.01M
Property, Plant, and Equipment 866.42k 961.44k 727.42k 1.07M
Total Current Assets 563.94k 2.95M 2.87M 15.93M
Net Tangible Assets 1.36M 3.83M 3.41M 16.36M
Net Receivables 214.08k 95.42k 186.03k
Accounts Payable 59.74k 59.17k 95.16k 625.15k


Insider Transactions

Here are the insider transactions of stock shares related to SOKOMAN MINERALS CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Sprott (Eric Steven)Acquisition or disposition under a prospectus exemption at price 0.32 per share.D2022-03-2110% Security Holder of Issuer10M
Hume (Catherine D Hume)Exercise of options at price 0.06 per share.D2022-03-21Director of Issuer250k
Fretwell (Gordon)Exercise of options at price 0.06 per share.D2022-03-21Senior Officer of Issuer187.5k
Fretwell (Gordon)Acquisition or disposition under a prospectus exemption at price 0.32 per share.D2022-03-21Senior Officer of Issuer100k
Bowdidge (Colin Richard)Exercise of options at price 0.06 per share.D2022-03-11Director of Issuer250k
Hume (Catherine D Hume)Exercise of warrants at price 0.29 per share.D2021-06-11Director of Issuer25k
Fretwell (Gordon)Acquisition or disposition in the public market at price 0.62 per share.D2021-06-08Senior Officer of Issuer75.39k
2176423 Ontario, Ltd.Acquisition or disposition under a prospectus exemption at price 0.21 per share.D2021-06-0410% Security Holder of Issuer3.77M
Sprott (Eric Steven)Acquisition or disposition under a prospectus exemption at price 0.21 per share.I2021-06-0410% Security Holder of Issuer3.77M
Sprott (Eric Steven)Exercise of warrants at price 0.21 per share.I2021-06-0210% Security Holder of Issuer13.35M
Sprott (Eric Steven)Exercise of warrants at price 0.29 per share.D2021-06-0210% Security Holder of Issuer625k
2176423 Ontario, Ltd.Exercise of warrants at price 0.21 per share.D2021-06-0210% Security Holder of Issuer13.35M

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 SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

Here is the result of two systematic investment strategies applied to SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

The following chart shows the equity curve of the two systematic investment strategies applied to SOKOMAN MINERALS CORP:

SOKOMAN MINERALS CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 166.1% on the backtest period.

Performance at glance

Performance

166.1 %

Latent gain

3322.01 C$

Invested capital

1999.99 C$

Annualized return

40.12 %
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Momentum strategy results on SOKOMAN MINERALS CORP

This is the result of two momentum investment strategies applied to SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

The following chart shows all the entries opened by the momentum investment system on SOKOMAN MINERALS CORP:

SOKOMAN MINERALS CORP momentum entries
  • The first momentum investment strategy would give 227.95% of return on SOKOMAN MINERALS CORP. That represents 9118.74C$ of latent gain with 4000.27C$ of employed capital.
  • The second momentum investment strategy would give 204.81% of return on SOKOMAN MINERALS CORP. That represents 8704.67C$ of latent gain with 4250.13C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

227.95 %

Latent gain

9118.74 C$

Invested capital

4000.27 C$

Annualized return

30.94 %
Performance at glance (2Q Momentum)

Performance

204.81 %

Latent gain

8704.67 C$

Invested capital

4250.13 C$

Annualized return

55.96 %

Momentum equity curve on SOKOMAN MINERALS CORP

The following chart shows the equity curve of the two momentum strategies applied to SOKOMAN MINERALS CORP:

SOKOMAN MINERALS CORP momentum equity

Note: the dividends potentially given by SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

The following chart shows the employed capital evolution of the two momentum strategies on SOKOMAN MINERALS CORP since the beginning:

SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

Buy the dip entry openings on SOKOMAN MINERALS CORP

SOKOMAN MINERALS CORP

The performance achieved by the robo-advisor on SOKOMAN MINERALS CORP is 66.21%. That represents 496.58$ of latent gain with 750.02C$ of employed capital. The following chart shows SOKOMAN MINERALS CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SOKOMAN MINERALS 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

66.21 %

Latent gain

496.58 C$

Invested capital

750.02 C$

Annualized return

30.94 %

Equity curve of the strategy applied to SOKOMAN MINERALS CORP

The following chart shows the result of the investment strategy applied to SOKOMAN MINERALS CORP:

SOKOMAN MINERALS CORP

Note: the dividends potentially given by SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on SOKOMAN MINERALS CORP:

SOKOMAN MINERALS 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 SOKOMAN MINERALS CORP

In this section, I will compare the three previous investment strategies applied to SOKOMAN MINERALS CORP.

Equity curve comparison on SOKOMAN MINERALS CORP

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

SOKOMAN MINERALS CORP investment strategy comparison

Employed capital comparison on SOKOMAN MINERALS CORP

SOKOMAN MINERALS CORP investment comparison

Performance comparison on SOKOMAN MINERALS CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 166.1% 3322.01C$ 1999.99C$ 40.12%
Momentum 1 quarter 227.95% 9118.74C$ 4000.27C$ 58.45%
Momentum 2 quarters 204.81% 8704.67C$ 4250.13C$ 55.96%
Non-directional 66.21% 496.58C$ 750.02C$ 30.94%
Annualized return comparison

Automatic investment

40.12 %

Momentum 1Q

55.96 %

Momentum 2Q

55.96 %

Non-directional

30.94 %

Correlated stocks

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


Company information

Company name SOKOMAN MINERALS CORP
Country Canada
City Toronto
Address The Canadian Venture Building
Phone
Website www.sokomanmineralscorp.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker SIC.XTSX
Market www.tsx.com

SOKOMAN MINERALS 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