Executive Summary
Austral Gold Limited, together with its subsidiaries, engages in the exploration and development of precious metals in South America.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has Austral Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGD's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.3%
AGD
-1.8%
AU Metals and Mining
3.8%
AU Market
1 Year Return
130.8%
AGD
2.0%
AU Metals and Mining
-10.6%
AU Market
Return vs Industry: AGD exceeded the Australian Metals and Mining industry which returned 1.5% over the past year.
Return vs Market: AGD exceeded the Australian Market which returned -11.2% over the past year.
Shareholder returns
| AGD | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.3% | -1.8% | 3.8% |
| 30 Day | -9.1% | 11.6% | 9.9% |
| 90 Day | 7.1% | 2.4% | -13.0% |
| 1 Year | 134.3%130.8% | 7.2%2.0% | -6.9%-10.6% |
| 3 Year | -7.7%-9.1% | 60.0%39.1% | 12.7%-2.1% |
| 5 Year | 7.6%0.001% | 97.2%59.4% | 27.9%0.4% |
Price Volatility Vs. Market
How volatile is Austral Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall St
Is Austral Gold Limited's (ASX:AGD) CEO Pay Fair?7 months ago | Simply Wall St
How Much Are Austral Gold Limited (ASX:AGD) Insiders Spending On Buying Shares?8 months ago | Simply Wall St
Austral Gold (ASX:AGD) Has Debt But No Earnings; Should You Worry?Valuation
Is Austral Gold undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGD (A$0.15) is trading below our estimate of fair value (A$2.27)
Significantly Below Fair Value: AGD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGD is poor value based on its PE Ratio (10.1x) compared to the Metals and Mining industry average (10.1x).
PE vs Market: AGD is good value based on its PE Ratio (10.1x) compared to the Australian market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AGD is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is Austral Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
4.5%
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 Austral Gold 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.
Next Steps
- Examine whether Austral Gold is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Austral Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Austral Gold performed over the past 5 years?
-21.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGD has a large one-off loss of $3.1M impacting its December 31 2019 financial results.
Growing Profit Margin: AGD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AGD has become profitable over the past 5 years, growing earnings by -21.8% per year.
Accelerating Growth: AGD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AGD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: AGD's Return on Equity (2.9%) is considered low.
Next Steps
Financial Health
How is Austral Gold's financial position?
Financial Position Analysis
Short Term Liabilities: AGD's short term assets ($26.8M) exceed its short term liabilities ($23.5M).
Long Term Liabilities: AGD's short term assets ($26.8M) exceed its long term liabilities ($25.9M).
Debt to Equity History and Analysis
Debt Level: AGD's debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: AGD's debt to equity ratio has increased from 0% to 14.2% over the past 5 years.
Debt Coverage: AGD's debt is well covered by operating cash flow (366.8%).
Interest Coverage: AGD's interest payments on its debt are well covered by EBIT (11.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Austral Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AGD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AGD'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 AGD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AGD'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 AGD'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?
3.8yrs
Average management tenure
CEO
Stabro Kasaneva
3.75yrs
Tenure
US$762,742
Compensation
Mr. Stabro Kasaneva has been the Chief Executive Officer at Austral Gold Limited since August 12, 2016 and served as its President. Mr. Kasaneva has been General Manager of the El Penon mine in Chile since ...
CEO Compensation Analysis
Compensation vs Market: Stabro's total compensation ($USD762.74K) is above average for companies of similar size in the Australian market ($USD251.35K).
Compensation vs Earnings: Stabro's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.75yrs | US$762.74k | 1.23% $1.0m | |
| Chief Financial Officer | 3.75yrs | US$233.70k | no data | |
| Vice President of Operations | no data | US$618.72k | 0.050% $41.9k | |
| Company Secretary | 0.83yr | no data | no data | |
| Mining Consultant | no data | no data | no data |
3.8yrs
Average Tenure
Experienced Management: AGD's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.75yrs | US$762.74k | 1.23% $1.0m | |
| Non-Executive Chairman | 8.92yrs | US$100.00k | 5.17% $4.3m | |
| Independent Non-Executive Director | 8.58yrs | US$58.00k | 0.31% $262.5k | |
| Non-Executive Director | 12.92yrs | US$50.00k | 0.29% $246.1k | |
| Non-Executive Director | 14yrs | US$50.00k | 0.012% $10.2k | |
| Independent Non-Executive Director | 13yrs | US$50.00k | no data | |
| Independent Non-Executive Director | 8.92yrs | US$50.00k | no data |
10.6yrs
Average Tenure
57.5yo
Average Age
Experienced Board: AGD's board of directors are seasoned and experienced ( 10.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGD 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 4.7%.
Top Shareholders
Company Information
Austral Gold Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Austral Gold Limited
- Ticker: AGD
- Exchange: ASX
- Founded:
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: AU$83.909m
- Shares outstanding: 559.39m
- Website: https://www.australgold.com
Location
- Austral Gold Limited
- 126-130 Phillip Street
- Level 5
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AGD | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Apr 1997 |
| AGLD.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 1997 |
| AGD | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Apr 1997 |
| AGLD | TSXV (TSX Venture Exchange) | Yes | Ordinary Shares | CA | CAD | Apr 1997 |
Biography
Austral Gold Limited, together with its subsidiaries, engages in the exploration and development of precious metals in South America. The company explores for gold and silver deposits. Its flagship project is the 100% owned Guanaco/Amancaya gold and silver mine located to the south east of Antofagasta in Northern Chile. The company also holds a 100% interest in the Pingüino project located in Santa Cruz and Casposo mine located in San Juan, Argentina. Austral Gold Limited is based in Sydney, Australia. Austral Gold Limited is a subsidiary of Inversiones Financieras Del Sur SA.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/26 10:33 |
| End of Day Share Price | 2020/05/26 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.