E
Newmac Resources Inc. NERH.V
TSX
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E
Sell 5/3/2024Downgrade
Newmac Resources Inc. (NERH.V) was downgraded to E+ from D- on 5/3/2024 due to a decline in the volatility index and total return index.
D
Sell 4/18/2024Upgraded
Newmac Resources Inc. (NERH.V) was upgraded to D- from E- on 4/18/2024 due to a substantial increase in the growth index, solvency index and efficiency index. Operating cash flow increased 980.65% from $6.2 to $67, the quick ratio increased from 0.01 to 0.05, and earnings per share increased from -$0.0131 to -$0.0028.
E
Sell 2/1/2023Downgrade
Newmac Resources Inc. (NER.V) was downgraded to E- from E on 2/1/2023 due to a substantial decline in the growth index, solvency index and total return index. EBIT declined 94,866.15% from -$6.5 to -$6.17M, earnings per share declined from -$0.0007 to -$0.6354, and the quick ratio declined from 0.08 to 0.05.
E
Sell 5/2/2022Downgrade
Newmac Resources Inc. (NERH.V) was downgraded to E from E on 05/02/2022.
E
Sell 5/1/2022Downgrade
Newmac Resources Inc. (NERH.V) was downgraded to E from D+ on 05/01/2022.
D
Sell 4/21/2022Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D- on 4/21/2022 due to an increase in the volatility index.
D
Sell 4/20/2022Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D- from D+ on 4/20/2022 due to a noticeable decline in the solvency index and valuation index. The quick ratio declined from 0.08 to 0.01.
D
Sell 11/9/2021Upgraded
Newmac Resources Inc. (NERH.V) was upgraded to D+ from D- on 11/09/2021.
D
Sell 11/8/2021Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D- from D+ on 11/8/2021 due to a decline in the valuation index.
D
Sell 4/6/2021Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 4/6/2021 due to a substantial increase in the growth index and solvency index. Operating cash flow increased 639.53% from -$8.6 to $46.4, the quick ratio increased from 0.07 to 0.15, and earnings per share increased from -$0.0104 to $0.0013.
D
Sell 3/30/2021Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 3/30/2021 due to a significant decline in the growth index and solvency index. Total revenue declined 825% from $400 to -$2.9, EBIT declined 404.97% from -$18.1 to -$91.4, and earnings per share declined from -$0.0023 to -$0.0104.
D
Sell 9/2/2020Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 9/2/2020 due to a large increase in the growth index, volatility index and total return index. EBIT increased 50% from -$36.2 to -$18.1, and earnings per share increased from -$0.0043 to -$0.0023.
D
Sell 6/2/2020Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D from E+ on 6/2/2020 due to a major increase in the growth index and valuation index. Operating cash flow increased 102.14% from -$93.6 to $2, EBIT increased 54.06% from -$78.8 to -$36.2, and earnings per share increased from -$0.0083 to -$0.0074.
E
Sell 5/20/2020Downgrade
Newmac Resources Inc. (NER.V) was downgraded to E+ from D- on 5/20/2020 due to a noticeable decline in the growth index and volatility index.
D
Sell 5/1/2020Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D- from D on 5/1/2020 due to a substantial decline in the efficiency index, total return index and growth index. Operating cash flow declined 188.89% from $105.3 to -$93.6, EBIT declined 138.79% from -$33 to -$78.8, and net income declined 138.35% from -$33.9 to -$80.8.
D
Sell 8/29/2019Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 8/29/2019 due to a decline in the volatility index, growth index and solvency index. The quick ratio declined from 0.24 to 0.21.
D
Sell 3/12/2019Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 3/12/2019 due to an increase in the growth index, efficiency index and volatility index. Operating cash flow increased 63.95% from -$43 to -$15.5, net income increased 29.11% from -$37.1 to -$26.3, and earnings per share increased from -$0.0038 to -$0.0027.
D
Sell 2/25/2019Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 2/25/2019 due to a decline in the total return index, volatility index and valuation index.
D
Sell 2/7/2019Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 2/7/2019 due to a noticeable increase in the total return index and volatility index.
D
Sell 1/3/2019Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 1/3/2019 due to a decline in the total return index and volatility index.
D
Sell 11/19/2018Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 11/19/2018 due to an increase in the volatility index.
D
Sell 9/17/2018Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 9/17/2018 due to a decline in the total return index.
D
Sell 8/31/2018Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 8/31/2018 due to a significant increase in the total return index, volatility index and valuation index.
D
Sell 3/11/2016Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 3/11/2016 due to a major decline in the volatility index, total return index and valuation index.
D
Sell 1/29/2016Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D+ from C- on 1/29/2016 due to a significant decline in the valuation index, efficiency index and solvency index. Net income declined 32.9% from -$53.5 to -$35.9, the quick ratio declined from 19.76 to 15.14, and total capital declined 7.34% from $7.28M to $6.74M.
C
Hold 1/15/2016Downgrade
Newmac Resources Inc. (NER.V) was downgraded to C- from C on 1/15/2016 due to a noticeable decline in the total return index.
C
Hold 12/31/2015Upgraded
Newmac Resources Inc. (NER.V) was upgraded to C from C- on 12/31/2015 due to a large increase in the valuation index and total return index.
C
Hold 9/4/2015Upgraded
Newmac Resources Inc. (NER.V) was upgraded to C- from D+ on 9/4/2015 due to a large increase in the valuation index, efficiency index and total return index. Net income increased 404.72% from -$10.6 to -$53.5, and total capital increased 0.75% from $7.22M to $7.28M.
D
Sell 6/8/2015Upgraded
Newmac Resources Inc. (NER.V) was upgraded to D+ from D on 6/8/2015 due to a noticeable increase in the growth index and valuation index.
D
Sell 5/22/2015Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D from D+ on 5/22/2015 due to a noticeable decline in the total return index, valuation index and growth index. Operating cash flow declined 85.32% from -$39.5 to -$5.8, and EBIT declined 3.77% from -$42.4 to -$40.8.
D
Sell 8/29/2014Downgrade
Newmac Resources Inc. (NER.V) was downgraded to D+ from C- on 8/29/2014 due to a significant decline in the volatility index, efficiency index and growth index. Operating cash flow declined 334.89% from -$96.6 to $226.9, EBIT declined 25% from -$71.6 to -$53.7, and total capital declined 5.4% from $8.97M to $8.49M.
Weiss Ratings