ASX:AJM

Stock Analysis Report

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Executive Summary

Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Altura Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AJM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

AJM

-0.9%

AU Metals and Mining

-0.3%

AU Market


1 Year Return

20.7%

AJM

13.1%

AU Metals and Mining

-6.9%

AU Market

Return vs Industry: AJM exceeded the Australian Metals and Mining industry which returned 15.2% over the past year.

Return vs Market: AJM exceeded the Australian Market which returned -7% over the past year.


Shareholder returns

AJMIndustryMarket
7 Day0%-0.9%-0.3%
30 Day0%2.0%5.1%
90 Day12.9%-0.4%4.2%
1 Year20.7%20.7%19.1%13.1%-3.5%-6.9%
3 Year-77.4%-77.4%58.6%36.3%18.1%3.0%
5 Year37.3%37.3%141.5%97.3%44.2%15.1%

Price Volatility Vs. Market

How volatile is Altura Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AJM is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.6x).


Next Steps

Future Growth

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

2.8%

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 Altura Mining 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

Past Performance

How has Altura Mining performed over the past 5 years?

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AJM is currently unprofitable.

Growing Profit Margin: AJM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AJM is unprofitable, and losses have increased over the past 5 years at a rate of 12.3% per year.

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

Earnings vs Industry: AJM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).


Return on Equity

High ROE: AJM has a negative Return on Equity (-45.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Altura Mining's financial position?


Financial Position Analysis

Short Term Liabilities: AJM's short term assets (A$49.6M) do not cover its short term liabilities (A$228.8M).

Long Term Liabilities: AJM's short term assets (A$49.6M) exceed its long term liabilities (A$13.5M).


Debt to Equity History and Analysis

Debt Level: AJM's debt to equity ratio (190.6%) is considered high.

Reducing Debt: AJM's debt to equity ratio has increased from 62.5% to 190.6% 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: Insufficient data to determine if AJM has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AJM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Altura Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

10.1yrs

Average management tenure


CEO

James Brown (56 yo)

10.08yrs

Tenure

AU$799,612

Compensation

Mr. James Stuart Brown has been the Chief Executive Officer of Altura Mining Limited since May 2010 and has been its Managing Director since September 2010 and also served as Interim Chief Operating Office ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD568.67K) is above average for companies of similar size in the Australian market ($USD277.57K).

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Brown
MD & Director10.08yrsAU$799.61k1.06%
A$ 2.2m
Paul Mantell
Executive Director11.42yrsAU$496.74k1.24%
A$ 2.6m
Damon Cox
Company Secretary12yrsAU$211.12k0.063%
A$ 131.3k
Noel Young
Group Financial Controllerno dataAU$227.45k0.62%
A$ 1.3m
Rodney Wheatley
CFO & Directorno datano datano data
Alex Cheeseman
General Manager of Marketing1.58yrsno datano data

10.1yrs

Average Tenure

Experienced Management: AJM's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Brown
MD & Director10.08yrsAU$799.61k1.06%
A$ 2.2m
Paul Mantell
Executive Director11.42yrsAU$496.74k1.24%
A$ 2.6m
Rodney Wheatley
CFO & Directorno datano datano data
Beng Kuan
Independent Non-Executive Director12.92yrsAU$91.98k0.89%
A$ 1.9m
Allan Charles Buckler
Non-Executive Director11.83yrsAU$78.84k14.14%
A$ 29.6m
Dennis O'Neill
Independent Non-Executive Director11.83yrsAU$91.98k0.46%
A$ 954.3k
Xiaoyu Dai
Non-Executive Director1.08yrsno datano data

11.6yrs

Average Tenure

67yo

Average Age

Experienced Board: AJM's board of directors are seasoned and experienced ( 11.6 years average tenure).


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 28.4%.


Top Shareholders

Company Information

Altura Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Altura Mining Limited
  • Ticker: AJM
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$209.037m
  • Shares outstanding: 2.99b
  • Website: https://www.alturamining.com

Number of Employees


Location

  • Altura Mining Limited
  • 23 Barrack Street
  • Level 2
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AJMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 1988
ALTA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 1988
AJMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 1988
HDGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 1988
HDGBST (Boerse-Stuttgart)YesOrdinary SharesDEEURSep 1988

Biography

Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. It operates through Lithium Mining, Exploration Services, and Mineral Exploration segments ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 10:36
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.