Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₱14.88, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 9x in the Metals and Mining industry in Philippines. Total returns to shareholders of 309% over the past three years. Annuncio • Jul 21
Atlas Consolidated Mining and Development Corporation to Report First Half, 2026 Results on Jul 17, 2026 Atlas Consolidated Mining and Development Corporation announced that they will report first half, 2026 results on Jul 17, 2026 Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₱10.28, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 8x in the Metals and Mining industry in Philippines. Total returns to shareholders of 178% over the past three years. Annuncio • Jul 11
Atlas Consolidated Mining and Development Corporation Announces Resignation of Emilio S. De Quiros, Jr. as Independent Director, Effective June 30, 2026 Atlas Consolidated Mining and Development Corporation announced that Mr. Emilio S. De Quiros, Jr. has resigned as an Independent Director of the Corporation, effective June 30, 2026. The reason for resignation was stated as personal decision. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₱7.77, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 10x in the Metals and Mining industry in Philippines. Total returns to shareholders of 102% over the past three years. Reported Earnings • May 17
First quarter 2026 earnings released: EPS: ₱0.18 (vs ₱0.11 loss in 1Q 2025) First quarter 2026 results: EPS: ₱0.18 (up from ₱0.11 loss in 1Q 2025). Revenue: ₱4.73b (up 18% from 1Q 2025). Net income: ₱644.9m (up ₱1.05b from 1Q 2025). Profit margin: 14% (up from net loss in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 07
Full year 2025 earnings released: ₱0.07 loss per share (vs ₱0.065 loss in FY 2024) Full year 2025 results: ₱0.07 loss per share (further deteriorated from ₱0.065 loss in FY 2024). Revenue: ₱17.2b (down 3.9% from FY 2024). Net loss: ₱248.2m (loss widened 7.4% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 30% per year over the past 5 years. Annuncio • Mar 07
Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 28, 2026 Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 28, 2026, at 10:00 W. Australia Standard Time. New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Director Presentacion Ramos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 20
Second quarter 2025 earnings released: ₱0.07 loss per share (vs ₱0.42 profit in 2Q 2024) Second quarter 2025 results: ₱0.07 loss per share (down from ₱0.42 profit in 2Q 2024). Revenue: ₱3.88b (down 41% from 2Q 2024). Net loss: ₱249.6m (down 117% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jun 25
Non-Independent Director recently sold ₱873k worth of stock On the 20th of June, Gerard Anton Ramos sold around 200k shares on-market at roughly ₱4.37 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₱3.8m. Insiders have been net sellers, collectively disposing of ₱19m more than they bought in the last 12 months. Recent Insider Transactions • Jun 04
Non-Independent Director recently sold ₱568k worth of stock On the 27th of May, Gerard Anton Ramos sold around 141k shares on-market at roughly ₱4.03 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₱3.8m. Insiders have been net sellers, collectively disposing of ₱18m more than they bought in the last 12 months. Recent Insider Transactions • May 22
Non-Independent Director recently sold ₱230k worth of stock On the 16th of May, Gerard Anton Ramos sold around 59k shares on-market at roughly ₱3.90 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₱3.8m. Insiders have been net sellers, collectively disposing of ₱17m more than they bought in the last 12 months. Reported Earnings • May 17
First quarter 2025 earnings released: ₱0.11 loss per share (vs ₱0.16 profit in 1Q 2024) First quarter 2025 results: ₱0.11 loss per share (down from ₱0.16 profit in 1Q 2024). Revenue: ₱4.15b (down 19% from 1Q 2024). Net loss: ₱403.6m (down 172% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Apr 25
Director recently sold ₱766k worth of stock On the 16th of April, Presentacion Ramos sold around 172k shares on-market at roughly ₱4.45 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱3.8m. Insiders have been net sellers, collectively disposing of ₱14m more than they bought in the last 12 months. Reported Earnings • Apr 17
Full year 2024 earnings released: ₱0.065 loss per share (vs ₱0.31 profit in FY 2023) Full year 2024 results: ₱0.065 loss per share (down from ₱0.31 profit in FY 2023). Revenue: ₱17.9b (down 1.2% from FY 2023). Net loss: ₱231.1m (down 121% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Apr 09
Director recently sold ₱3.8m worth of stock On the 3rd of April, Presentacion Ramos sold around 817k shares on-market at roughly ₱4.60 per share. This trade did not impact their existing holding. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱13m more than they bought in the last 12 months. Annuncio • Mar 13
Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 25, 2025 Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 25, 2025, at 10:00 W. Australia Standard Time. Reported Earnings • Nov 15
Third quarter 2024 earnings released: ₱0.26 loss per share (vs ₱0.022 profit in 3Q 2023) Third quarter 2024 results: ₱0.26 loss per share (down from ₱0.022 profit in 3Q 2023). Revenue: ₱3.15b (down 21% from 3Q 2023). Net loss: ₱939.3m (down ₱1.02b from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Nov 06
Non-Independent Director recently sold ₱236k worth of stock On the 30th of October, Gerard Anton Ramos sold around 50k shares on-market at roughly ₱4.72 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱5.5m. Insiders have been net sellers, collectively disposing of ₱6.1m more than they bought in the last 12 months. Recent Insider Transactions • Sep 25
Non-Independent Director recently sold ₱422k worth of stock On the 17th of September, Gerard Anton Ramos sold around 100k shares on-market at roughly ₱4.22 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱5.5m. Insiders have been net sellers, collectively disposing of ₱5.9m more than they bought in the last 12 months. Recent Insider Transactions • Sep 10
Non-Independent Director recently sold ₱5.5m worth of stock On the 5th of September, Gerard Anton Ramos sold around 1m shares on-market at roughly ₱4.07 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ₱0.42 (vs ₱0.16 in 2Q 2023) Second quarter 2024 results: EPS: ₱0.42 (up from ₱0.16 in 2Q 2023). Revenue: ₱6.87b (up 51% from 2Q 2023). Net income: ₱1.51b (up 180% from 2Q 2023). Profit margin: 22% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: ₱0.16 (vs ₱0.07 in 1Q 2023) First quarter 2024 results: EPS: ₱0.16 (up from ₱0.07 in 1Q 2023). Revenue: ₱5.36b (up 14% from 1Q 2023). Net income: ₱563.1m (up 113% from 1Q 2023). Profit margin: 11% (up from 5.6% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: ₱0.31 (vs ₱0.91 in FY 2022) Full year 2023 results: EPS: ₱0.31 (down from ₱0.91 in FY 2022). Revenue: ₱18.1b (up 12% from FY 2022). Net income: ₱1.12b (down 65% from FY 2022). Profit margin: 6.2% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Production and reserves: Copper Production: 38,147 t (33,770 t in FY 2022) Proved and probable reserves (ore): 354.6 Mt (371.1 Mt in FY 2022) Number of mines: 1 (1 in FY 2022) Gold Production: 26.818 troy koz (22.339 troy koz in FY 2022) Number of mines: 1 (1 in FY 2022) Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • Mar 06
Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 19, 2024 Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 19, 2024, at 10:00 China Standard Time. Agenda: To consider the minutes of the Annual Stockholders' Meeting held on 19 April 2023; to consider the annual Report and Audited Financial Statements for 2023; to consider the election of Directors for 2024-2025; to consider the ratification of Acts of the Board of Directors, Board Committees and Management; to consider the appointment of External Auditor; to consider the Open Forum; and to consider other matters. Buy Or Sell Opportunity • Feb 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.6% to ₱3.27. The fair value is estimated to be ₱4.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin). Buy Or Sell Opportunity • Feb 20
Now 21% undervalued Over the last 90 days, the stock has risen 6.1% to ₱3.30. The fair value is estimated to be ₱4.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Nov 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ₱3.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: ₱0.022 (vs ₱0.30 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.022 (down from ₱0.30 in 3Q 2022). Revenue: ₱4.16b (up 23% from 3Q 2022). Net income: ₱77.7m (down 93% from 3Q 2022). Profit margin: 1.9% (down from 32% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Sep 12
Non-Independent Director recently bought ₱382k worth of stock On the 6th of September, Gerard Anton Ramos bought around 125k shares on-market at roughly ₱3.06 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱6.7m more in shares than they bought in the last 12 months. Recent Insider Transactions • Sep 06
Non-Independent Director recently sold ₱1.5m worth of stock On the 29th of August, Gerard Anton Ramos sold around 480k shares on-market at roughly ₱3.03 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱7.1m more than they bought in the last 12 months. Recent Insider Transactions • Aug 31
Non-Independent Director recently sold ₱426k worth of stock On the 25th of August, Gerard Anton Ramos sold around 131k shares on-market at roughly ₱3.25 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱5.6m more than they bought in the last 12 months. Reported Earnings • Jul 25
Second quarter 2023 earnings released: EPS: ₱0.15 (vs ₱0.22 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.15 (down from ₱0.22 in 2Q 2022). Revenue: ₱4.93b (up 21% from 2Q 2022). Net income: ₱538.4m (down 31% from 2Q 2022). Profit margin: 11% (down from 19% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 24
Atlas Consolidated Mining and Development Corporation Announces Executive Changes Atlas Consolidated Mining and Development Corporation advised that at the regular meeting of the Board of Directors of Atlas Mining and Development Corporation (the Company) held July 21, 2023, the Board of Directors accepted the resignation of Mr. Alexei Jerome G. Jovellana as Executive Vice President and Compliance Officer of the Company, effective 01 July 2023, due to health reasons. The Board likewise approved the appointment of Mr. Rodyardo B. Raada as Compliance Officer of the Company, effective immediately, to continue the role and functions of Mr. Jovellana. Mr. Rañada presently serves as the Chief Finance Officer and Chief Risk Officer of the Company. He joined the Company's wholly-owned subsidiary, Carmen Copper Corporation, on April 28, 2010 and has been appointed as the Head of the Financial Planning Division on November 1, 2011 and Assistant Vice President for Finance on January 16, 2020. He has more than 25 years of experience in the fields of audit and finance and held management and executive positions in the energy, mining and retail industries. He is a Certified Public Accountant with a Bachelor of Commerce Degree in Accountancy obtained from Meycauayan College and a Master's Degree in Business Administration at the University of San Carlos. Recent Insider Transactions • Jun 06
Non-Independent Director recently sold ₱81k worth of stock On the 31st of May, Gerard Anton Ramos sold around 20k shares on-market at roughly ₱4.04 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱1.4m. Insiders have been net sellers, collectively disposing of ₱8.3m more than they bought in the last 12 months. Reported Earnings • May 17
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₱4.69b (down 11% from 1Q 2022). Net income: ₱264.2m (down 78% from 1Q 2022). Profit margin: 5.6% (down from 23% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 01
Non-Independent Director recently sold ₱1.4m worth of stock On the 28th of March, Gerard Anton Ramos sold around 324k shares on-market at roughly ₱4.19 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱1.9m. Insiders have been net sellers, collectively disposing of ₱9.2m more than they bought in the last 12 months. Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: ₱0.91 (vs ₱1.09 in FY 2021) Full year 2022 results: EPS: ₱0.91 (down from ₱1.09 in FY 2021). Revenue: ₱16.2b (down 6.3% from FY 2021). Net income: ₱3.22b (down 17% from FY 2021). Profit margin: 20% (down from 22% in FY 2021). The decrease in margin was driven by lower revenue. Production and reserves: Copper Production: 33,770 t (37,381 t in FY 2021) Proved and probable reserves (ore): 371.1 Mt (385 Mt in FY 2021) Number of mines: 1 (1 in FY 2021) Gold Production: 22.339 troy koz (25.173 troy koz in FY 2021) Number of mines: 1 (1 in FY 2021) Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 04
Non-Independent Director recently sold ₱651k worth of stock On the 27th of February, Gerard Anton Ramos sold around 146k shares on-market at roughly ₱4.46 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱1.9m. Insiders have been net sellers, collectively disposing of ₱7.3m more than they bought in the last 12 months. Recent Insider Transactions • Feb 22
Non-Independent Director recently sold ₱1.9m worth of stock On the 16th of February, Gerard Anton Ramos sold around 435k shares on-market at roughly ₱4.46 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱6.0m more than they bought in the last 12 months. Annuncio • Jan 18
Atlas Consolidated Mining and Development Corporation Announces Board Changes Atlas Consolidated Mining and Development Corporation announced that at the special meeting of the Corporation's Board of Directors held on January 17, 2023, Ms. Presentacion S. Ramos was elected as Director of the Corporation, to serve the unexpired term of Mr. Alfredo C. Ramos who passed away on November 26, 2022. Ms. Ramos was also appointed Member of the Executive Committee. Ms. Ramos is currently the Chairman of the Board of Alakor Securities Corporation. She also holds various positions in private institutions, specifically as President in Peakpres Corporation, as Vice-President in Abacus Book & Card Corporation, National Bookstore Inc. National Book Express Inc. and Power Books Inc.; as Vice-President and Treasurer in Alakor Corporation; and as Treasurer in Zenith Holdings Corporation; as a director of Anglo Philippine Holdings Corporation, The Philodrill Corporation and United Paragon Mining Corporation; and Governor in Philippine Red Cross. Ms. Ramos obtained a Bachelor of Arts degree in 1962 from the Maryknoll College (now Miriam College). Mr. Frederic Dybuncio was also appointed as Chairman of the Board of Directors to serve the unexpired term of Mr. Alfredo C. Ramos. With this appointment, Mr. Dybuncio will vacate his seat as Vice Chairman of the Corporation. Annuncio • Nov 29
Atlas Consolidated Mining and Development Corporation Announces Demise of Alfredo C. Ramos, Regular Director and Chairman of the Board of Directors The members of the Board of Directors of Atlas Consolidated Mining and Development Corporation announced with great sadness the passing of Mr. Alfredo C. Ramos, AT Regular Director and Chairman of the Board of Directors, on November 26, 2022. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Gerardo Limlingan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 15
Atlas Consolidated Mining and Development Corporation Announces Demise of Martin C. Buckingham, Regular Director and Member of the Executive Committee Atlas Consolidated Mining and Development Corporation announced the passing of Mr. Martin C. Buckingham, AT Regular Director and member of the Executive Committee, on November 14, 2022. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₱3.33, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 6x in the Metals and Mining industry in Philippines. Total returns to shareholders of 33% over the past three years. Annuncio • Sep 22
Atlas Consolidated Mining and Development Corporation Announces Election of Gerardo S. Limlingan, Jr. as Independent Director Atlas Consolidated Mining and Development Corporation's Board of Directors held on September 15, 2022, Mr. Gerardo S. Limlingan, Jr. was elected as an Independent Director of the Corporation, to serve the unexpired term of Atty. Roberto Cecilio O. Lim who recently resigned upon his assumption into office as Undersecretary of the Department of Transportation. Mr. Limlingan Jr. was appointed as Chairman of the Corporation's Board Risk Oversight Committee and Member of the Audit, Corporate Governance and Related Party Transactions Committees. Mr. Limlingan Jr. is currently a director of Sagittarius Mines Inc. and the President of Greenlight Holdings Inc. He is also a director of Page Enterprises Inc. and a member of the Board of Trustees of the JC Binay Foundation Inc. where he previously served as President from 2012 to 2014. He is also a consultant to Metrostore since 2016 and was previously a consultant to the Makati City Government from 1986 to 2015 and to the Housing and Urban Development Coordinating Council from 2010 to 2014. He previously held various positions in private institutions, specifically as managing director in Corporate Solutions Inc. from 2000 to 2020, director or treasurer of Eastridge Gold and Country Club from 1996 to 2017, director or treasurer of Monarch Insurance Corporation, an insurance brokerage, from 2003 to 2007, director of Guagua National Colleges from 2004 top 2005, director of Aquaventure Philippines Inc. from 1995 to 2000, President and director of Sarmiento Securities Corp. until 1997, director of Vitarich Corporation from 1990 to 1995, director of Antipolo Properties, and Chairman or director of Regina Capital Development Corporation, a stock brokerage, from 1990 to 1992. Mr. Limlingan Jr. obtained a Bachelor of Arts, major in Economics degree in 1961 from the Ateneo de Manila University. He also took units for the Master of Arts in Economics degree from the same university from 1962 to 1963. Recent Insider Transactions • Sep 02
Non-Independent Director recently sold ₱1.4m worth of stock On the 30th of August, Martin Buckingham sold around 300k shares on-market at roughly ₱4.52 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱1.8m. Insiders have been net sellers, collectively disposing of ₱8.5m more than they bought in the last 12 months. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.43 in 2Q 2021) Second quarter 2022 results: EPS: ₱0.22 (down from ₱0.43 in 2Q 2021). Revenue: ₱4.06b (down 24% from 2Q 2021). Net income: ₱782.9m (down 48% from 2Q 2021). Profit margin: 19% (down from 28% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 02
Atlas Consolidated Mining and Development Corporation Announces Resignation of Roberto Cecilio O. Lim (Independent Director) Atlas Consolidated Mining and Development Corporation advised that Mr. Roberto Cecilio O. Lim has resigned as an Independent Director of the Corporation, effective August 1, 2022, in view of his acceptance of his appointment to the Department of Transportation where he will serve as Undersecretary. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₱4.62, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 7x in the Metals and Mining industry in Philippines. Total returns to shareholders of 66% over the past three years. Recent Insider Transactions • Jun 14
Non-Independent Director recently sold ₱1.8m worth of stock On the 7th of June, Martin Buckingham sold around 300k shares on-market at roughly ₱5.96 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱7.1m more than they bought in the last 12 months. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Independent Director Roberto Cecilio Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 14
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: ₱0.34 (up from ₱0.12 in 1Q 2021). Revenue: ₱5.25b (up 52% from 1Q 2021). Net income: ₱1.22b (up 191% from 1Q 2021). Profit margin: 23% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 27
President recently sold ₱386k worth of stock On the 19th of April, Adrian Paulino Ramos sold around 55k shares on-market at roughly ₱7.02 per share. In the last 3 months, they made an even bigger sale worth ₱1.3m. Adrian Paulino has been a seller over the last 12 months, reducing personal holdings by ₱2.2m. Recent Insider Transactions • Apr 14
President recently sold ₱534k worth of stock On the 7th of April, Adrian Paulino Ramos sold around 75k shares on-market at roughly ₱7.11 per share. In the last 3 months, there was an even bigger sale from another insider worth ₱3.1m. Adrian Paulino has been a seller over the last 12 months, reducing personal holdings by ₱1.9m. Reported Earnings • Mar 28
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: ₱1.09 (up from ₱0.033 in FY 2020). Revenue: ₱17.2b (up 2.4% from FY 2020). Net income: ₱3.86b (up ₱3.74b from FY 2020). Profit margin: 22% (up from 0.7% in FY 2020). The increase in margin was primarily driven by lower expenses. Production and reserves: Copper Production: 37,381 t (48,575 t in FY 2020) Proved and probable reserves (ore): 385 Mt (407.7 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Gold Production: 25.173 troy koz (47.857 troy koz in FY 2020) Number of mines: 1 (1 in FY 2020) Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 17% share price gain to ₱8.40, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 9x in the Metals and Mining industry in Philippines. Total returns to shareholders of 190% over the past three years. Annuncio • Mar 06
Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 26, 2022 Atlas Consolidated Mining and Development Corporation, Annual General Meeting, Apr 26, 2022, at 10:00 Singapore Standard Time. Agenda: To consider approval of Minutes of the Annual Stockholders' Meeting held on 14 June 2021; to consider approval of the Annual Report and Audited Financial Statements for 2021; to consider election of Directors for 2022-2023; to consider ratification of Acts of the Board of Directors, Board Committees and Management; to consider appointment of External Auditor; and to consider amendment of Article VI, Section 2 of the By-laws. Recent Insider Transactions • Feb 24
President & Director recently sold ₱1.3m worth of stock On the 21st of February, Adrian Paulino Ramos sold around 200k shares on-market at roughly ₱6.60 per share. In the last 3 months, there was an even bigger sale from another insider worth ₱3.1m. This was Adrian Paulino's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 17
Non-Independent Director recently sold ₱249k worth of stock On the 10th of February, Gerard Anton Ramos sold around 40k shares on-market at roughly ₱6.23 per share. In the last 3 months, there was an even bigger sale from another insider worth ₱3.1m. Insiders have been net sellers, collectively disposing of ₱14m more than they bought in the last 12 months. Recent Insider Transactions • Jan 26
Non-Independent Director recently sold ₱3.1m worth of stock On the 21st of January, Martin Buckingham sold around 500k shares on-market at roughly ₱6.11 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱15m more than they bought in the last 12 months. Recent Insider Transactions • Jan 19
Non-Independent Director recently sold ₱228k worth of stock On the 13th of January, Gerard Anton Ramos sold around 37k shares on-market at roughly ₱6.17 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱12m more than they bought in the last 12 months. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS ₱0.43 (vs ₱0.19 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₱5.47b (up 13% from 3Q 2020). Net income: ₱1.54b (up 127% from 3Q 2020). Profit margin: 28% (up from 14% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Oct 13
Non-Independent Director recently bought ₱454k worth of stock On the 6th of October, Gerard Anton Ramos bought around 77k shares on-market at roughly ₱5.90 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱20m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₱6.05, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 12x in the Metals and Mining industry in Philippines. Total returns to shareholders of 71% over the past three years. Executive Departure • Aug 03
Corporate Secretary Roderico Puno has left the company On the 23rd of July, Roderico Puno's tenure as Corporate Secretary ended after 14.9 years in the role. We don't have any record of a personal shareholding under Roderico's name. Roderico is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.38 years. Reported Earnings • Jul 28
Second quarter 2021 earnings released: EPS ₱0.43 (vs ₱0.043 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱5.32b (up 41% from 2Q 2020). Net income: ₱1.52b (up ₱1.67b from 2Q 2020). Profit margin: 28% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 20% share price gain to ₱7.04, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 13x in the Metals and Mining industry in Philippines. Total returns to shareholders of 82% over the past three years. Recent Insider Transactions • May 28
Independent Director recently bought ₱148k worth of stock On the 24th of May, Emilio de Quiros bought around 20k shares on-market at roughly ₱7.40 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱21m more in shares than they bought in the last 12 months. Reported Earnings • May 12
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱17.5b (up 13% from FY 2019). Net income: ₱117.7m (up ₱682.9m from FY 2019). Profit margin: 0.7% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 04
Non-Independent Director recently sold ₱3.7m worth of stock On the 26th of April, Martin Buckingham sold around 500k shares on-market at roughly ₱7.49 per share. In the last 3 months, they made an even bigger sale worth ₱4.0m. Insiders have been net sellers, collectively disposing of ₱21m more than they bought in the last 12 months. Recent Insider Transactions • May 01
Non-Independent Director recently sold ₱3.7m worth of stock On the 22nd of April, Martin Buckingham sold around 500k shares on-market at roughly ₱7.36 per share. In the last 3 months, they made an even bigger sale worth ₱4.0m. Insiders have been net sellers, collectively disposing of ₱18m more than they bought in the last 12 months. Recent Insider Transactions • Mar 04
Non-Independent Director recently sold ₱4.0m worth of stock On the 26th of February, Martin Buckingham sold around 600k shares on-market at roughly ₱6.73 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱14m more than they bought in the last 12 months. Recent Insider Transactions • Feb 06
Non-Independent Director recently sold ₱783k worth of stock On the 3rd of February, Gerard Anton Ramos sold around 130k shares on-market at roughly ₱6.02 per share. In the last 3 months, there was an even bigger sale from another insider worth ₱3.6m. Insiders have been net sellers, collectively disposing of ₱9.7m more than they bought in the last 12 months. Is New 90 Day High Low • Jan 07
New 90-day high: ₱6.90 The company is up 73% from its price of ₱4.00 on 09 October 2020. The Filipino market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 57% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₱6.86 The company is up 67% from its price of ₱4.11 on 18 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 42% over the same period. Recent Insider Transactions • Dec 17
Non-Independent Director recently sold ₱1.3m worth of stock On the 9th of December, Martin Buckingham sold around 200k shares on-market at roughly ₱6.34 per share. In the last 3 months, they made an even bigger sale worth ₱3.6m. Insiders have been net sellers, collectively disposing of ₱18m more than they bought in the last 12 months. Recent Insider Transactions • Dec 08
Non-Independent Director recently sold ₱1.8m worth of stock On the 3rd of December, Martin Buckingham sold around 300k shares on-market at roughly ₱5.93 per share. In the last 3 months, they made an even bigger sale worth ₱3.6m. Insiders have been net sellers, collectively disposing of ₱17m more than they bought in the last 12 months. Recent Insider Transactions • Nov 25
Non-Independent Director recently sold ₱3.6m worth of stock On the 19th of November, Martin Buckingham sold around 700k shares on-market at roughly ₱5.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱15m more than they bought in the last 12 months. Is New 90 Day High Low • Nov 07
New 90-day high: ₱4.41 The company is up 61% from its price of ₱2.74 on 07 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 27% over the same period. Recent Insider Transactions • Nov 05
Non-Independent Director recently bought ₱510k worth of stock On the 30th of October, Gerard Anton Ramos bought around 125k shares on-market at roughly ₱4.08 per share. In the last 3 months, they made an even bigger purchase worth ₱2.2m. Despite this recent purchase, insiders have collectively sold ₱11m more in shares than they bought in the last 12 months.