Nighthawk Gold Corp. - MIMZF

MIMZF Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
MIMZF	0	0	0	-23.0	-19.1	-32.4	-76.8	-85.2	-87.2	-97.8
S&P 500	0.5	2.1	1.3	5.3	12.7	25.7	38.7	85.7	197.4	34547.3

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	MIMZF
name	Nighthawk Gold Corp.
price	0.19275
changes percentage	-3.625
change	-0.0072
day low	0.19275
day high	0.2128
year high	0.55
year low	0.1805
market cap	28887248
price avg 50	0.222383
price avg 200	0.306549
exchange	PNK
volume	18970
avg volume	23823
open	0.2128
previous close	0.2
eps	-0.07
pe	-2.753571
earnings announcement	2023-02-27T19:00:00.000+0000
shares outstanding	149868992
timestamp	2024-02-08 19:17:15

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 54.0%

Overall Quarterly Financial Health: 68.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-9233	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	28027056	35814841	-21.74
interest income	498605	39754	1154.23
interest expense	0	0	NaN
ebitda	-28039386	-35840841	21.77
ebitdaratio	0	0	NaN
operating income	-28133136	-35814841	21.45
operating income ratio	0	0	NaN
net income	-22371888	-28875936	22.52
net income ratio	0	0	NaN
eps	-0.2	-0.42	52.38

Overall Score of Annual Income Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2022 from 0 million in 2021 representing a change of nan%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -28 million in 2022 from -36 million in 2021 representing a change of 21.77%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -28 million in 2022 from -36 million in 2021 representing a change of 21.45%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -22 million in 2022 from -29 million in 2021 representing a change of 22.52%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 28 million in 2022 from 36 million in 2021 representing a change of -21.74%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Earnings per Share (EPS): EPS increased to -0.2 in 2022 from -0.2 in 2021 representing a change of 52.38%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	-3159	-2770	-14.04
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	2708697	7746824	-65.03
interest income	177591	187821	-5.45
interest expense	0	0	NaN
ebitda	-2705538	-7744054	65.06
ebitdaratio	0	0	NaN
operating income	-2900697	-7746824	62.56
operating income ratio	0	0	NaN
net income	-2206220	-6513980	66.13
net income ratio	0	0	NaN
eps	-0.02	-0.05	69.96

Overall Score of Quarterly Income Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -14.04%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -3 million in 2023Q3 from -8 million in 2023Q2 representing a change of 65.06%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -3 million in 2023Q3 from -8 million in 2023Q2 representing a change of 62.56%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -2 million in 2023Q3 from -7 million in 2023Q2 representing a change of 66.13%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 3 million in 2023Q3 from 8 million in 2023Q2 representing a change of -65.03%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Earnings per Share (EPS): EPS increased to -0.02 in 2023Q3 from -0.02 in 2023Q2 representing a change of 69.96%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
total assets	37379518	32294318	15.75
total liabilities	8789276	6447982	36.31
total equity	28590242	25846336	10.62
cash and cash equivalents	18680516	13827773	35.09
short term investments	0	0	NaN
long term investments	4749566	4749566	0.00
total current assets	19387260	15238521	27.23
total non current assets	17992258	17055797	5.49
total current liabilities	2186957	1012485	116.00
total non current liabilities	6602319	5435497	21.47
common stock	155156116	133839348	15.93
retained earnings	-155201890	-132830002	-16.84
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 37 million in 2022 from 32 million in 2021 representing a change of 15.75%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 29 million in 2022 from 26 million in 2021 representing a change of 10.62%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 19 million in 2022 from 14 million in 2021 representing a change of 35.09%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 19 million in 2022 from 15 million in 2021 representing a change of 27.23%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 155 in 2022 from 134 in 2021 representing a change of 15.93%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 9 million in 2022 from 6 million in 2021 representing a change of 36.31%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 2 million in 2022 from 1 million in 2021 representing a change of 116.0%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -155 million in 2022 from -133 million in 2021 representing a change of -16.84%. This indicates an accumulated losses.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0000000000
total assets	33366800	28608836	16.63
total liabilities	6927479	9447861	-26.68
total equity	26439321	19160975	37.99
cash and cash equivalents	12753979	7795913	63.60
short term investments	0	0	NaN
long term investments	5029297	4749566	5.89
total current assets	14634204	10216637	43.24
total non current assets	18732596	18392199	1.85
total current liabilities	1706849	4837520	-64.72
total non current liabilities	5220630	4610341	13.24
common stock	164898123	155489408	6.05
retained earnings	-167418733	-165212513	-1.34
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 33 million in 2023Q3 from 29 million in 2023Q2 representing a change of 16.63%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 7 million in 2023Q3 from 9 million in 2023Q2 representing a change of -26.68%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 26 million in 2023Q3 from 19 million in 2023Q2 representing a change of 37.99%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 13 million in 2023Q3 from 8 million in 2023Q2 representing a change of 63.6%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 15 million in 2023Q3 from 10 million in 2023Q2 representing a change of 43.24%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 2 million in 2023Q3 from 5 million in 2023Q2 representing a change of -64.72%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 165 in 2023Q3 from 155 in 2023Q2 representing a change of 6.05%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Retained Earnings: Retained Earnings decreased to -167 million in 2023Q3 from -165 million in 2023Q2 representing a change of -1.34%. This indicates an accumulated losses.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
net change in cash	4852743	5517941	-12.06
operating cash flow	-23569084	-34586732	31.86
free cash flow	-23679884	-34586732	31.53
capital expenditure	-110800	0	NaN
depreciation and amortization	9233	0	NaN
deferred income tax	-21563	0	NaN
stock based compensation	1906117	1973188	-3.40
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	-93899	-244388	61.58
investments in property plant and equipment	-110800	0	NaN
net cash used for investing activites	-204699	-244388	16.24
debt repayment	0	0	NaN
common stock issued	28626526	40429317	-29.19
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	28626526	40349061	-29.05
cash at end of period	18680516	13827773	35.09
accounts receivables	162520	4293	3685.70
cash at beginning of period	13827773	8309832	66.40

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 5 million in 2022 from 6 million in 2021 representing a change of -12.06%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Accounts Receivables: Accounts Receivables increased to 0 in 2022 from 0 million in 2021 representing a change of 3685.7%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to -24 million in 2022 from -35 million in 2021 representing a change of 31.86%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -24 million in 2022 from -35 million in 2021 representing a change of 31.53%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2022 from 0 million in 2021 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 2 million in 2022 from 2 million in 2021 representing a change of -3.4%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0000000000
operating cash flow	-4996408	-5660960	11.74
free cash flow	-5021283	-5660960	11.30
capital expenditure	-24875	0	NaN
depreciation and amortization	3159	2770	14.04
deferred income tax	0	0	NaN
stock based compensation	75851	124032	-38.85
accounts receivables	305211	-196466	255.35
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	-38950	-34931	-11.51
investments in property plant and equipment	-24875	0	NaN
net cash used for investing activites	-63825	-34931	-82.72
debt repayment	0	0	NaN
common stock issued	10298030	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	10018299	0	NaN
net change in cash	4958066	-5695891	187.05
cash at end of period	12753979	7795913	63.60
cash at beginning of period	7795913	13491804	-42.22

Overall Score of Quarterly Cashflow Statement

0.83 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 5 million in 2023Q3 from -6 million in 2023Q2 representing a change of 187.05%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to -5 million in 2023Q3 from -6 million in 2023Q2 representing a change of 11.74%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -5 million in 2023Q3 from -6 million in 2023Q2 representing a change of 11.3%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -38.85%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• 📉 Negative Indicators

  Accounts Receivables: Accounts Receivables increased to 0 in 2023Q3 from 0 million in 2023Q2 representing a change of 255.35%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2022-12-31	2021-12-31	Y/Y change %
FY
calendar year	2022	2021	NaN
revenue per share	0	0	NaN
net income per share	-0.15	-0.42	63.55
operating cash flow per share	-0.22	-0.51	55.78
free cash flow per share	-0.23	-0.51	55.57
cash per share	0.18	0.2	-12.33
book value per share	0.27	0.38	-28.22
tangible book value per share	0.27	0.38	-28.22
shareholders equity per share	0.27	0.38	-28.22
interest debt per share	0.0	0	NaN
market cap	37763640	55139070.87	-31.51
enterprise value	19083124	41311297.87	-53.81
pe ratio	-2.33	-1.91	-21.94
price to sales ratio	0	0	NaN
pocfratio	-1.6	-1.59	-0.50
pfcf ratio	-1.59	-1.59	-0.03
pb ratio	1.32	2.13	-38.09
ptb ratio	1.32	2.13	-38.09
ev to sales	0	0	NaN
enterprise value over ebitda	-0.68	-1.15	40.95
ev to operating cash flow	-0.81	-1.19	32.21
ev to free cash flow	-0.81	-1.19	32.53
earnings yield	-0.43	-0.52	17.99
free cash flow yield	-0.63	-0.63	0.03
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0.67	0.39	72.68
current ratio	8.86	15.05	-41.10
interest coverage	-56.42	0	NaN
income quality	1.05	1.2	-12.04
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.0	-0.0	-66431.41
capex to revenue	0	0	NaN
capex to depreciation	12.0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0.97	1.9	-48.85
roic	-0.71	-1.38	48.52
return on tangible assets	-0.43	-0.89	51.47
graham net net	0.1	0.12	-18.22
working capital	17200303	14226036	20.91
tangible asset value	28590242	25846336	10.62
net current asset value	10597984	8790539	20.56
invested capital	30442995	26532267	14.74
average receivables	146524.5	229930.5	-36.27
average payables	1599.72	1298.03	23.24
average inventory	912221.5	1038851	-12.19
days sales outstanding	0	0	NaN
days payables outstanding	86.46	0	NaN
days of inventory on hand	25359.02	0	NaN
receivables turnover	0	0	NaN
payables turnover	4.22	0	NaN
inventory turnover	0.01	0	NaN
roe	-0.57	-1.12	49.22
capex per share	0.0	0.0	29321.37

• Negative

  ROE: Return on Equity (ROE) increased to -0.57 on 2022-12-31 from -1.12 on 2021-12-31, representing a change of 49.22%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -2.33 on 2022-12-31 from -1.91 on 2021-12-31, representing a change of -21.94%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 8.86 on 2022-12-31 from 15.05 on 2021-12-31, representing a change of -41.10%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Quarterly Financial Ratios

	2023-09-30 Q3	2023-06-30 Q2	Q/Q change %
MIMZF
calendar year	2023	2023	NaN
revenue per share	0	0	NaN
net income per share	-0.02	-0.05	70.04
operating cash flow per share	-0.04	-0.05	21.93
free cash flow per share	-0.04	-0.05	21.54
cash per share	0.09	0.06	44.72
book value per share	0.19	0.15	22.06
tangible book value per share	0.19	0.15	22.06
shareholders equity per share	0.19	0.15	22.06
interest debt per share	0	0	NaN
market cap	51781766.77	66850634.34	-22.54
enterprise value	39027787.77	59054721.34	-33.91
pe ratio	-5.87	-2.57	-128.70
price to sales ratio	0	0	NaN
pocfratio	-10.36	-11.81	12.24
pfcf ratio	-10.31	-11.81	12.67
pb ratio	1.96	3.49	-43.86
ptb ratio	1.96	3.49	-43.86
ev to sales	0	0	NaN
enterprise value over ebitda	-13.47	-7.63	-76.63
ev to operating cash flow	-7.81	-10.43	25.12
ev to free cash flow	-7.77	-10.43	25.49
earnings yield	-0.04	-0.1	56.27
free cash flow yield	-0.1	-0.08	-14.51
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	4.4	1.01	337.24
current ratio	8.57	2.11	305.97
interest coverage	0	0	NaN
income quality	2.26	0.87	160.59
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.0	-0.0	-80583.41
capex to revenue	0	0	NaN
capex to depreciation	7.87	0.01	62342.78
stock based compensation to revenue	0	0	NaN
graham number	0.26	0.43	-39.53
roic	-0.1	-0.39	74.31
return on tangible assets	-0.07	-0.23	70.96
graham net net	0.05	-0.0	2011.42
working capital	12927355	5379117	140.32
tangible asset value	26439321	19160975	37.99
net current asset value	7706725	768776	902.47
invested capital	26630654	19021750	40.00
average receivables	351919.5	406292	-13.38
average payables	2418.76	3882.15	-37.70
average inventory	1798555	1937234.5	-7.16
days sales outstanding	0	0	NaN
days payables outstanding	0	157.18	-100.00
days of inventory on hand	47889.2	62259.17	-23.08
receivables turnover	0	0	NaN
payables turnover	0	0.57	-100.00
inventory turnover	0.0	0.0	30.01
roe	-0.08	-0.34	75.45
capex per share	0.0	0.0	62892.48

• Negative

  ROE: Return on Equity (ROE) increased to -0.08 on 2023-09-30 Q3 from -0.34 on 2023-06-30 Q2, representing a change of 75.45%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -5.87 on 2023-09-30 Q3 from -2.57 on 2023-06-30 Q2, representing a change of -128.70%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 8.57 on 2023-09-30 Q3 from 2.11 on 2023-06-30 Q2, representing a change of 305.97%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None