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ASO

Aston MineralsASX:ASO Stock Report

Market Cap

AU$124.0m

7D

-7.1%

1Y

202.3%

Updated

22 Oct, 2021

Data

Company Financials
ASO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ASO Overview

Aston Minerals Limited engages in the acquisition, exploration, and evaluation of resource-based projects in Canada, Australia, Indonesia, and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Aston Minerals
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.029
52 Week LowAU$0.23
Beta1.95
1 Month Change18.18%
3 Month Change-10.35%
1 Year Change202.33%
3 Year Change188.89%
5 Year Change900.00%
Change since IPO-96.00%

Recent News & Updates

Shareholder Returns

ASOAU Metals and MiningAU Market
7D-7.1%-0.3%0.7%
1Y202.3%12.5%21.4%

Return vs Industry: ASO exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: ASO exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is ASO's price volatile compared to industry and market?
ASO volatility
ASO Beta1.95
Industry Beta0.97
Market Beta1

Stable Share Price: ASO is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: ASO's weekly volatility has decreased from 19% to 12% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010n/aR. Ginnhttps://astonminerals.com

Aston Minerals Limited engages in the acquisition, exploration, and evaluation of resource-based projects in Canada, Australia, Indonesia, and Europe. The company explores for cobalt, nickel, copper, gold, and silver deposits. Its flagship project is the 100% owned Dobsina project located in Slovakia.

Aston Minerals Fundamentals Summary

How do Aston Minerals's earnings and revenue compare to its market cap?
ASO fundamental statistics
Market CapAU$124.05m
Earnings (TTM)-AU$25.90m
Revenue (TTM)AU$36.39k

4.3kx

P/S Ratio

-4.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASO income statement (TTM)
RevenueAU$36.39k
Cost of RevenueAU$0
Gross ProfitAU$36.39k
ExpensesAU$25.94m
Earnings-AU$25.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.027
Gross Margin100.00%
Net Profit Margin-71,175.63%
Debt/Equity Ratio0.0%

How did ASO perform over the long term?

See historical performance and comparison

Valuation

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

9.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ASO is overvalued based on its PB Ratio (9.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Aston Minerals 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 Aston Minerals performed over the past 5 years?

-4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASO is currently unprofitable.

Growing Profit Margin: ASO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASO is unprofitable, and losses have increased over the past 5 years at a rate of 4.8% per year.

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

Earnings vs Industry: ASO 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: ASO has a negative Return on Equity (-205.73%), as it is currently unprofitable.


Financial Health

How is Aston Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: ASO's short term assets (A$14.4M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: ASO has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ASO is debt free.

Reducing Debt: ASO had no debt 5 years ago.


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: ASO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ASO has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 11.7% each year.


Dividend

What is Aston Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.9yrs

Average management tenure


CEO

R. Ginn (56 yo)

0.92

Tenure

AU$5,789,414

Compensation

Mr. R. Dale Ginn, B.Sc., P.Geo, serves as the Non-Executive Director of Raiden Resources Limited since May 12, 2021. He served as Vice President of Exploration at BonTerra Resources Inc. from November 2015...


CEO Compensation Analysis

Compensation vs Market: R.'s total compensation ($USD4.34M) is above average for companies of similar size in the Australian market ($USD303.33K).

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


Leadership Team

Experienced Management: ASO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: ASO's board of directors are considered experienced (4.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.1%.


Top Shareholders

Company Information

Aston Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Aston Minerals Limited
  • Ticker: ASO
  • Exchange: ASX
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$124.046m
  • Shares outstanding: 954.20m
  • Website: https://astonminerals.com

Location

  • Aston Minerals Limited
  • 513 Hay Street
  • Suite 23
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:47
End of Day Share Price2021/10/22 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.