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ADV

ArdidenASX:ADV Stock Report

Market Cap

AU$23.7m

7D

0%

1Y

-73.2%

Updated

26 Oct, 2021

Data

Company Financials
ADV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ADV Overview

Ardiden Limited engages in the exploration of mineral properties in Australia and Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Ardiden
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.007
52 Week LowAU$0.045
Beta0.16
1 Month Change-8.33%
3 Month Change22.22%
1 Year Change-73.17%
3 Year Change37.50%
5 Year Change-57.69%
Change since IPO-99.81%

Recent News & Updates

Aug 09
We Think Ardiden (ASX:ADV) Needs To Drive Business Growth Carefully

We Think Ardiden (ASX:ADV) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Mar 13
Here's Why We're Watching Ardiden's (ASX:ADV) Cash Burn Situation

Here's Why We're Watching Ardiden's (ASX:ADV) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. Indeed, Ardiden ( ASX:ADV ) stock is...

Shareholder Returns

ADVAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y-73.2%15.6%24.4%

Return vs Industry: ADV underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: ADV underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is ADV's price volatile compared to industry and market?
ADV volatility
ADV Beta0.16
Industry Beta0.97
Market Beta1

Stable Share Price: ADV is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: ADV's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2004n/aRob Longleyhttps://www.ardiden.com.au

Ardiden Limited engages in the exploration of mineral properties in Australia and Canada. It explores for gold and lithium properties. It holds 100% interests in the Pickle Lake Gold project covering an area of 870 square kilometers; and 80% option interest the Seymour Lake, Root Lake, and Wisa Lake lithium project located in Ontario, Canada.

Ardiden Fundamentals Summary

How do Ardiden's earnings and revenue compare to its market cap?
ADV fundamental statistics
Market CapAU$23.69m
Earnings (TTM)-AU$1.23m
Revenue (TTM)AU$200.58k

122.2x

P/S Ratio

-19.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADV income statement (TTM)
RevenueAU$200.58k
Cost of RevenueAU$0
Gross ProfitAU$200.58k
ExpensesAU$1.43m
Earnings-AU$1.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00057
Gross Margin100.00%
Net Profit Margin-615.33%
Debt/Equity Ratio0%

How did ADV perform over the long term?

See historical performance and comparison

Valuation

Is Ardiden undervalued compared to its fair value and its price relative to the market?

1.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ADV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ADV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ADV is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: ADV 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 ADV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ADV is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Ardiden forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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 Ardiden 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 Ardiden performed over the past 5 years?

-7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADV is currently unprofitable.

Growing Profit Margin: ADV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADV is unprofitable, and losses have increased over the past 5 years at a rate of 7.9% per year.

Accelerating Growth: Unable to compare ADV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADV 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: ADV has a negative Return on Equity (-7.39%), as it is currently unprofitable.


Financial Health

How is Ardiden's financial position?


Financial Position Analysis

Short Term Liabilities: ADV's short term assets (A$1.4M) exceed its short term liabilities (A$400.6K).

Long Term Liabilities: ADV's short term assets (A$1.4M) exceed its long term liabilities (A$133.3K).


Debt to Equity History and Analysis

Debt Level: ADV's debt to equity ratio (0%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ADV's debt to equity ratio has reduced over the 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: ADV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ADV has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 12.8% each year.


Dividend

What is Ardiden current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ADV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ADV'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 ADV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADV'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 ADV'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?

AU$511k

CEO Compensation


CEO

Rob Longley

2.42yrs

Tenure

AU$511,410

Compensation

Mr. Robin Stuart Longley, also known as Rob, BSc Hons Geology, serves as the Chief Executive Officer of Ardiden Limited since May 1, 2019 Mr. Longley serves as Managing Director and Director of Ardiden Lim...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD383.37K) is about average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.


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 been diluted in the past year, with total shares outstanding growing by 2.9%.


Top Shareholders

Company Information

Ardiden Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ardiden Limited
  • Ticker: ADV
  • Exchange: ASX
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$23.687m
  • Shares outstanding: 2.15b
  • Website: https://www.ardiden.com.au

Location

  • Ardiden Limited
  • 675 Murray Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:01
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.