| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
A1M Overview
AIC Mines Limited explores for and develops gold and copper deposits in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.24 |
| 52 Week High | AU$0.22 |
| 52 Week Low | AU$0.56 |
| Beta | 0.34 |
| 1 Month Change | 0% |
| 3 Month Change | -9.26% |
| 1 Year Change | -45.56% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -27.94% |
Recent News & Updates
Who Has Been Buying AIC Mines Limited (ASX:A1M) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Shareholder Returns
| A1M | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 0% | 2.4% | 0.1% |
| 1Y | -45.6% | 10.1% | 19.3% |
Return vs Industry: A1M underperformed the Australian Metals and Mining industry which returned 7.4% over the past year.
Return vs Market: A1M underperformed the Australian Market which returned 17.9% over the past year.
Price Volatility
| A1M volatility | |
|---|---|
| A1M Beta | 0.34 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: Insufficient data to determine A1M's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine A1M's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Aaron Colleran | https://www.aicmines.com.au |
AIC Mines Limited explores for and develops gold and copper deposits in Australia. It holds a 100% interest in the Marymia project comprising an area of approximately 3,600 square kilometers located in the eastern Gascoyne region of Western Australia. AIC Mines Limited is based in Subiaco, Australia.
AIC Mines Fundamentals Summary
| A1M fundamental statistics | |
|---|---|
| Market Cap | AU$16.84m |
| Earnings (TTM) | -AU$4.38m |
| Revenue (TTM) | n/a |
0x
P/S Ratio-3.8x
P/E RatioIs A1M overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| A1M income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | AU$4.38m |
| Earnings | -AU$4.38m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.064 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did A1M perform over the long term?
See historical performance and comparisonValuation
Is AIC Mines undervalued compared to its fair value and its price relative to the market?
2.1x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate A1M's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate A1M's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: A1M is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: A1M is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate A1M's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: A1M is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.5x).
Future Growth
How is AIC Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.01%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AIC Mines has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has AIC Mines performed over the past 5 years?
-39.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A1M is currently unprofitable.
Growing Profit Margin: A1M is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: A1M is unprofitable, and losses have increased over the past 5 years at a rate of 39.8% per year.
Accelerating Growth: Unable to compare A1M's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: A1M is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: A1M has a negative Return on Equity (-54.62%), as it is currently unprofitable.
Financial Health
How is AIC Mines's financial position?
Financial Position Analysis
Short Term Liabilities: A1M's short term assets (A$7.1M) exceed its short term liabilities (A$800.0K).
Long Term Liabilities: A1M has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: A1M is debt free.
Reducing Debt: A1M has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A1M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: A1M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.7% each year
Dividend
What is AIC Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate A1M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate A1M's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if A1M's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if A1M's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of A1M's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Aaron Colleran (50 yo)
2.67yrs
Tenure
AU$357,653
Compensation
Mr. Aaron Mark Colleran, B.Eng (Geology), B.Com. (Finance), MAICD serves as Managing Director and Chief Executive Officer at Intrepid Mines Ltd. Since April 18, 2019 and also serves as Director. He serves...
CEO Compensation Analysis
Compensation vs Market: Aaron's total compensation ($USD263.46K) is about average for companies of similar size in the Australian market ($USD300.22K).
Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: A1M's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: A1M's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AIC Mines Limited's employee growth, exchange listings and data sources
Key Information
- Name: AIC Mines Limited
- Ticker: A1M
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$16.835m
- Shares outstanding: 68.72m
- Website: https://www.aicmines.com.au
Location
- AIC Mines Limited
- 431-435 Roberts Road
- A8, Level 1
- Subiaco
- Western Australia
- 6008
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/14 07:01 |
| End of Day Share Price | 2021/08/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.