ASX:AZI

Stock Analysis Report

Executive Summary

Alta Zinc Limited engages in the exploration of mineral properties in Australia and Italy.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Alta Zinc has significant price volatility in the past 3 months.
  • Alta Zinc is not covered by any analysts.

Share Price & News

How has Alta Zinc's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ASX:AZI

-5.3%

AU Metals and Mining

-1.7%

AU Market


1 Year Return

-50.0%

ASX:AZI

11.4%

AU Metals and Mining

1.5%

AU Market

AZI underperformed the Metals and Mining industry which returned 11.4% over the past year.

AZI underperformed the Market in Australia which returned 1.5% over the past year.


Share holder returns

AZIIndustryMarket
7 Day0%-5.3%-1.7%
30 Day0%-11.8%-3.2%
90 Day0%-1.9%-0.1%
1 Year-45.1%-50.0%19.1%11.4%7.3%1.5%
3 Year-92.0%-93.8%63.9%46.1%30.7%13.8%
5 Year-86.6%-90.0%38.6%8.0%37.6%7.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Alta Zinc undervalued based on future cash flows and its price relative to the stock market?

2.6x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Alta Zinc to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Alta Zinc to establish if it is available at substantial discount.


Price Based on Earnings

Alta Zinc is loss making, we can't compare its value to the AU Metals and Mining industry average.

Alta Zinc is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Alta Zinc, we can't assess if its growth is good value.


Price Based on Value of Assets

Alta Zinc is overvalued based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

How is Alta Zinc expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.9%

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 Alta Zinc 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 Alta Zinc performed over the past 5 years?

-16.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Alta Zinc does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Alta Zinc's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Alta Zinc's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Alta Zinc has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Alta Zinc has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Alta Zinc improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Alta Zinc's financial position?


Financial Position Analysis

Alta Zinc is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Alta Zinc's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Alta Zinc has no debt.

Alta Zinc currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

High level of physical assets or inventory.

Alta Zinc has no debt, it does not need to be covered by short term assets.


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.

Alta Zinc has less than a year of cash runway based on current free cash flow.

Alta Zinc has less than a year of cash runway if free cash flow continues to reduce at historical rates of -25.1% each year.


Next Steps

Dividend

What is Alta Zinc's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Alta Zinc's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Alta Zinc's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Alta Zinc has not reported any payouts.

Unable to verify if Alta Zinc's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Alta Zinc has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Alta Zinc's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

Alex Burns (54yo)

2.2yrs

Tenure

AU$214,361

Compensation

Mr. Alexander Stuart Burns, also known as Alex, MBA, has been the Executive Chairman and Executive Director at Alta Zinc Limited (also known as Energia Minerals Limited) since October 7, 2014 and as its Ch ...


CEO Compensation Analysis

Alex's remuneration is lower than average for companies of similar size in Australia.

Alex's compensation has increased whilst company is loss making.


Management Age and Tenure

2.2yrs

Average Tenure

The tenure for the Alta Zinc management team is about average.


Board Age and Tenure

3.5yrs

Average Tenure

54yo

Average Age

The tenure for the Alta Zinc board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyAU$510,41423 Apr 19
VBS Exchange Pty. Ltd.
EntityCompany
Shares127,636,364
Max PriceAU$0.004
BuyAU$3,27216 Apr 19
Westoz Funds Management Pty Ltd.
EntityCompany
Shares467,450
Max PriceAU$0.007
BuyAU$202,49825 Sep 18
Marcello Cardaci
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares59,622,059
Max PriceAU$0.0034
SellAU$95,51325 Sep 18
Marcello Cardaci
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares28,122,059
Max PriceAU$0.0034

Ownership Breakdown


Management Team

  • Alex Burns (54yo)

    Executive Chairman & CEO

    • Tenure: 2.2yrs
    • Compensation: AU$214.36k
  • Stephen Hills (60yo)

    Finance Director

    • Tenure: 2.2yrs
    • Compensation: AU$290.86k
  • Marcello de Angelis

    Geology Consultant

    • Tenure: 0.0yrs
  • Sergio Giovanni

    Study Manager

    • Tenure: 1.2yrs
    • Compensation: AU$222.51k

Board Members

  • Campbell Olsen

    Non-Executive Director

    • Tenure: 1.3yrs
    • Compensation: AU$10.00k
  • Alex Burns (54yo)

    Executive Chairman & CEO

    • Tenure: 2.2yrs
    • Compensation: AU$214.36k
  • Marcello Cardaci (52yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: AU$60.00k
  • Stephen Hills (60yo)

    Finance Director

    • Tenure: 2.2yrs
    • Compensation: AU$290.86k

Company Information

Alta Zinc Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alta Zinc Limited
  • Ticker: AZI
  • Exchange: ASX
  • Founded: 1997
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$5.465m
  • Shares outstanding: 1.82b
  • Website: https://www.altazinc.com/

Number of Employees


Location

  • Alta Zinc Limited
  • 9 Bowman Street
  • Suite 3.5
  • South Perth
  • Western Australia
  • 6151
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AZIASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2009
8EEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2009
AZICHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2009

Biography

Alta Zinc Limited engages in the exploration of mineral properties in Australia and Italy. It primarily explores for zinc, lead, silver, and uranium deposits. The company’s flagship project is the Gorno zi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 10:37
End of Day Share Price2019/08/21 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.