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Asbestos TSXV:AB.H Stock Report

Last Price

CA$0.81

Market Cap

CA$2.2m

7D

-19.0%

1Y

1.3%

Updated

02 Oct, 2024

Data

Company Financials

Asbestos Corporation Limited

TSXV:AB.H Stock Report

Market Cap: CA$2.2m

Asbestos Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asbestos
Historical stock prices
Current Share PriceCA$0.81
52 Week HighCA$1.50
52 Week LowCA$0.75
Beta0.30
11 Month Change-19.80%
3 Month Change-10.00%
1 Year Change1.25%
33 Year Changen/a
5 Year Change76.09%
Change since IPO-95.09%

Recent News & Updates

Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

May 10
Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Sep 29
Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Recent updates

Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

May 10
Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Sep 29
Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Asbestos (CVE:AB.H) Is Finding It Tricky To Allocate Its Capital

Apr 22
Asbestos (CVE:AB.H) Is Finding It Tricky To Allocate Its Capital

Investors Could Be Concerned With Asbestos' (CVE:AB.H) Returns On Capital

Dec 07
Investors Could Be Concerned With Asbestos' (CVE:AB.H) Returns On Capital

Returns Are Gaining Momentum At Asbestos (CVE:AB.H)

Aug 11
Returns Are Gaining Momentum At Asbestos (CVE:AB.H)

The Return Trends At Asbestos (CVE:AB.H) Look Promising

Apr 28
The Return Trends At Asbestos (CVE:AB.H) Look Promising

There's No Escaping Asbestos Corporation Limited's (CVE:AB.H) Muted Earnings

May 16
There's No Escaping Asbestos Corporation Limited's (CVE:AB.H) Muted Earnings

Shareholder Returns

AB.HCA Metals and MiningCA Market
7D-19.0%-0.4%0.4%
1Y1.3%31.4%24.6%

Return vs Industry: AB.H underperformed the Canadian Metals and Mining industry which returned 31.4% over the past year.

Return vs Market: AB.H underperformed the Canadian Market which returned 24.6% over the past year.

Price Volatility

Is AB.H's price volatile compared to industry and market?
AB.H volatility
AB.H Average Weekly Movementn/a
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: AB.H's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine AB.H's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1925n/aGuy Berardmazarin.ca

Asbestos Corporation Limited manages various mining assets in Canada. The company is involved in the rental of mining buildings that can be used as warehouses or plants; and sale of land, as well as royalties from the exploitation of a granite quarry, restoration, and revegetation of mining sites. The company was incorporated in 1925 and is headquartered in Thetford Mines, Canada.

Asbestos Corporation Limited Fundamentals Summary

How do Asbestos's earnings and revenue compare to its market cap?
AB.H fundamental statistics
Market capCA$2.21m
Earnings (TTM)CA$3.40m
Revenue (TTM)CA$9.52m

0.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AB.H income statement (TTM)
RevenueCA$9.52m
Cost of RevenueCA$2.82m
Gross ProfitCA$6.69m
Other ExpensesCA$3.30m
EarningsCA$3.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.20
Gross Margin70.34%
Net Profit Margin35.71%
Debt/Equity Ratio-157.9%

How did AB.H perform over the long term?

See historical performance and comparison