| Address:
|
200 BAY STREET, ROYAL BANK PLAZA
SOUTH TOWER, SUITE 2350 |
| City: |
TORONTO ONTARIO |
|
State: |
|
|
Zip Code: |
M5J 2J2 |
| Telephone: |
416-360-7590 |
|
Description of Business
|
Primary SIC Code:
1000 |
| (As filed with the SEC)
|
|
|
On May 7, 2008, the Company released the results of a Preliminary Economic
Assessment prepared by Micon International Limited on the Offset Zone at the Lac
des Iles mine (the "Offset Zone"). The Offset Zone is assumed to be the fault
displaced continuation of the Roby Zone. This economic assessment was
preliminary in nature and included indicated and inferred mineral resources.
In June 2008, a dispute with the Company's insurer relating to the failure of
the Company's primary crusher in 2002 at the Lac des Iles mine was settled.
Under the settlement, the Company received a cash payment of $14.5 million,
which was in addition to a $7.1 million insurance recovery received in 2004.
On October 1, 2008, William J. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.01 | NA | N/E | | 06/2011 | 0.03 | NA | 136.67 | | 03/2011 | -0.08 | NA | N/E | | 12/2010 | -0.16 | NA | N/E | | 09/2010 | -0.28 | NA | N/E | | 06/2010 | -0.35 | NA | N/E | | 03/2010 | -0.39 | NA | N/E | | 12/2009 | -0.28 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.03 | Total Liab/Total Assets | 0.16 | | Net Inc/Total Assets | -0.07 | Total Liab/Inv Cap | 0.19 | | Net Inc/Inv Cap | -0.08 | Total Liab/Comm Equity | 0.08 | | Pretax Inc/Net Sales | -0.29 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | -0.22 | Curr Debt/Equity | 0.00 | | Cash Flow/Net Sales | -0.69 | LTD/Equity | 0.00 | | SG&A/NetSales | 0.11 | Total Debt/Equity | 0.01 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 2.62 | Quick Ratio | 4.38 | | Inventory Turnover | 3.09 | Current Ratio | 5.04 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.38 | | Net Sales/Work Cap | 0.63 | Inv/Curr Assets | 0.13 | | Net Sales/PP&E | NA | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
107.78
|
3.83
|
102.69
|
199.73
|
|
Cost of Goods Sold
|
80.00
|
12.49
|
132.00
|
162.74
|
|
Selling & Admin Exps
|
11.33
|
8.94
|
6.27
|
8.95
|
|
Operating Income
|
9.99
|
-5.95
|
-129.70
|
-19.78
|
|
Interest Exp
|
NA
|
NA
|
5.40
|
20.69
|
|
Pretax Income
|
-30.75
|
-25.54
|
-133.31
|
-30.19
|
|
Other Income
|
0.59
|
1.67
|
0.78
|
14.62
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-23.41
|
-28.63
|
-132.49
|
-24.90
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
75.64
|
93.72
|
35.94
|
76.05
|
|
Receivables - Total
|
81.94
|
0.20
|
1.73
|
80.68
|
|
Inventories - Total
|
27.66
|
24.14
|
13.58
|
26.45
|
|
Total Current Assets
|
212.97
|
120.44
|
87.18
|
185.80
|
|
Net Property, Plant & Equipment
|
NA
|
NA
|
NA
|
0.38
|
|
Total Assets
|
350.57
|
209.10
|
120.21
|
312.85
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
41.06
|
10.68
|
11.45
|
21.16
|
|
Debt in Current Liabilities
|
1.20
|
0.53
|
5.26
|
33.94
|
|
Total Current Liabilities
|
42.26
|
11.21
|
16.71
|
55.27
|
|
Long-Term Debt
|
1.20
|
0.55
|
7.84
|
7.12
|
|
Total Liabilities
|
57.33
|
25.71
|
24.55
|
74.76
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
702.31
|
556.20
|
397.19
|
449.30
|
|
Retained Earnings
|
-439.19
|
-394.09
|
-313.51
|
-212.91
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
293.24
|
183.39
|
95.66
|
238.09
|
|
Total Liabilities and Stockholders' Equity
|
350.57
|
209.10
|
120.21
|
312.85
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
-74.36
|
4.60
|
5.61
|
25.97
|
|
Net Cash Provided by Investing Activities
|
-48.87
|
-12.69
|
-33.05
|
-15.64
|
|
Net Cash Provided by Financing Activities
|
99.99
|
60.73
|
1.64
|
62.51
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 136.61 | -16.54 | -0.56 | | 12/2007 | 199.73 | -24.90 | -0.51 | | 12/2008 | 102.69 | -132.49 | -1.58 | | 12/2009 | 3.83 | -28.63 | -0.28 | | 12/2010 | 107.78 | -23.41 | -0.16 | | Growth Rates | -5.75 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 88 | 54,293 | 33.34 |
|
Report Date :
2/6/2012
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