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AZI

Alta ZincASX:AZI Stock Report

Market Cap

AU$24.1m

7D

-0.6%

1Y

10.7%

Updated

21 Oct, 2021

Data

Company Financials
AZI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AZI Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Alta Zinc
Historical stock prices
Current Share PriceAU$0.083
52 Week HighAU$0.06
52 Week LowAU$0.13
Beta2.25
1 Month Change5.06%
3 Month Change0%
1 Year Change10.67%
3 Year Change10.67%
5 Year Change-86.50%
Change since IPO-97.49%

Recent News & Updates

May 28
Is Alta Zinc (ASX:AZI) In A Good Position To Invest In Growth?

Is Alta Zinc (ASX:AZI) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

AZIAU Metals and MiningAU Market
7D-0.6%-0.3%0.7%
1Y10.7%12.5%21.4%

Return vs Industry: AZI matched the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: AZI underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is AZI's price volatile compared to industry and market?
AZI volatility
AZI Beta2.25
Industry Beta0.97
Market Beta1

Stable Share Price: AZI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AZI's weekly volatility has decreased from 18% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aGeraint Harrishttps://www.altazinc.com

Alta Zinc Limited engages in the exploration and evaluation of mineral properties in Australia and Italy. It primarily explores for zinc, lead, cobalt, and silver deposits. The company holds interest in the Gorno zinc project located in the Lombardy region of northern Italy; and Punta Corna project located in Piedmont, Italy.

Alta Zinc Fundamentals Summary

How do Alta Zinc's earnings and revenue compare to its market cap?
AZI fundamental statistics
Market CapAU$24.13m
Earnings (TTM)-AU$5.38m
Revenue (TTM)n/a

0x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AZI income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$5.38m
Earnings-AU$5.38m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did AZI perform over the long term?

See historical performance and comparison

Valuation

Is Alta Zinc undervalued compared to its fair value and its price relative to the market?

6.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AZI is overvalued based on its PB Ratio (6.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Alta Zinc 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 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.


Past Performance

How has Alta Zinc performed over the past 5 years?

25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AZI is currently unprofitable.

Growing Profit Margin: AZI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AZI is unprofitable, but has reduced losses over the past 5 years at a rate of 25.3% per year.

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

Earnings vs Industry: AZI 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: AZI has a negative Return on Equity (-141.19%), as it is currently unprofitable.


Financial Health

How is Alta Zinc's financial position?


Financial Position Analysis

Short Term Liabilities: AZI's short term assets (A$4.4M) exceed its short term liabilities (A$1.5M).

Long Term Liabilities: AZI's short term assets (A$4.4M) exceed its long term liabilities (A$27.0K).


Debt to Equity History and Analysis

Debt Level: AZI is debt free.

Reducing Debt: AZI has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.


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: AZI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AZI has less than a year of cash runway if free cash flow continues to grow at historical rates of 18% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

5.7yrs

Average board tenure


CEO

Geraint Harris

2.08yrs

Tenure

AU$312,881

Compensation

Mr. Geraint William Harris, B. Eng (Hons) & M. Sc. Eng. (Mining), serves as Managing Director and Director at Alta Zinc Ltd.since September 16, 2019. Mr. Harris served as Chief Executive Officer of Adriat...


CEO Compensation Analysis

Compensation vs Market: Geraint's total compensation ($USD234.32K) is about average for companies of similar size in the Australian market ($USD303.55K).

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


Board Members

Experienced Board: AZI's board of directors are considered experienced (5.7 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 20.8%.


Top Shareholders

Company Information

Alta Zinc Limited's 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$24.129m
  • Shares outstanding: 290.71m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:16
End of Day Share Price2021/10/21 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.