Ardiden Limited engages in the exploration of mineral properties in Australia and Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.011|
|52 Week High||AU$0.007|
|52 Week Low||AU$0.045|
|1 Month Change||-8.33%|
|3 Month Change||22.22%|
|1 Year Change||-73.17%|
|3 Year Change||37.50%|
|5 Year Change||-57.69%|
|Change since IPO||-99.81%|
Recent News & Updates
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...
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...
|ADV||AU Metals and Mining||AU Market|
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.
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
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
|ADV fundamental statistics|
Is ADV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADV income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00057|
|Net Profit Margin||-615.33%|
How did ADV perform over the long term?See historical performance and comparison
Is Ardiden undervalued compared to its fair value and its price relative to the market?
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).
How is Ardiden forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Ardiden performed over the past 5 years?
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.
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$133.3K).
Debt to Equity History and Analysis
Debt Level: ADV's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ADV's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ADV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADV has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 12.8% each year.
What is Ardiden current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ADV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Robin Stuart Longley, also known as Rob, BSc Hons Geology, serves as the Chief Executive Officer of Ardiden Limited since May 1, 2019 Mr. Longley serves as Managing Director and Director of Ardiden Lim...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($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.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Ardiden Limited's employee growth, exchange listings and data sources
- 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
- Ardiden Limited
- 675 Murray Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
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.