Alta Zinc Limited engages in the exploration and evaluation of mineral properties in Australia and Italy.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.083|
|52 Week High||AU$0.06|
|52 Week Low||AU$0.13|
|1 Month Change||5.06%|
|3 Month Change||0%|
|1 Year Change||10.67%|
|3 Year Change||10.67%|
|5 Year Change||-86.50%|
|Change since IPO||-97.49%|
Recent News & Updates
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...
|AZI||AU Metals and Mining||AU Market|
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.
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
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
|AZI fundamental statistics|
Is AZI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AZI income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||0.00%|
How did AZI perform over the long term?See historical performance and comparison
Is Alta Zinc undervalued compared to its fair value and its price relative to the market?
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).
How is Alta Zinc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Alta Zinc performed over the past 5 years?
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.
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$27.0K).
Debt to Equity History and Analysis
Debt Level: AZI is debt free.
Reducing Debt: AZI has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AZI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AZI has less than a year of cash runway if free cash flow continues to grow at historical rates of 18% each year.
What is Alta Zinc current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AZI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AZI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AZI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Geraint William Harris, B. Eng (Hons) & M. Sc. Eng. (Mining), serves as Managing Director and Director at Alta Zinc Ltd.since September 16, 2019. Mr. Harris served as Chief Executive Officer of Adriat...
CEO Compensation Analysis
Compensation vs Market: Geraint's total compensation ($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.
Experienced Board: AZI's board of directors are considered experienced (5.7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.8%.
Alta Zinc Limited's employee growth, exchange listings and data sources
- 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
- Alta Zinc Limited
- 9 Bowman Street
- Suite 3.5
- South Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:16|
|End of Day Share Price||2021/10/21 00:00|
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.