Executive Summary
Azure Minerals Limited engages in the exploration of precious and base minerals in Mexico. More Details
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Azure Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: AZS's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
4.0%
AZS
2.3%
AU Metals and Mining
2.0%
AU Market
1 Year Return
333.3%
AZS
26.2%
AU Metals and Mining
-0.4%
AU Market
Return vs Industry: AZS exceeded the Australian Metals and Mining industry which returned 26.2% over the past year.
Return vs Market: AZS exceeded the Australian Market which returned -0.4% over the past year.
Shareholder returns
| AZS | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | 2.3% | 2.0% |
| 30 Day | -4.6% | 9.0% | 4.4% |
| 90 Day | 26.8% | 25.3% | 12.1% |
| 1 Year | 333.3%333.3% | 33.1%26.2% | 3.0%-0.4% |
| 3 Year | 36.8%36.8% | 74.1%50.0% | 27.3%11.6% |
| 5 Year | 18.2%18.2% | 284.7%213.6% | 70.2%35.9% |
Long-Term Price Volatility Vs. Market
How volatile is Azure Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
How Much Is Azure Minerals' (ASX:AZS) CEO Getting Paid?10 months ago | Simply Wall St
Those Who Purchased Azure Minerals (ASX:AZS) Shares Five Years Ago Have A 72% Loss To Show For It1 year ago | Simply Wall St
Is Azure Minerals Limited (ASX:AZS) Overpaying Its CEO?Valuation
Is Azure Minerals undervalued compared to its fair value and its price relative to the market?
12.99x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AZS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AZS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AZS is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: AZS 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 AZS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AZS is overvalued based on its PB Ratio (13x) compared to the AU Metals and Mining industry average (3x).
Next Steps
Future Growth
How is Azure Minerals forecast 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 Azure 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.
Next Steps
- Take a look at our analysis of AZS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Azure Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Azure Minerals performed over the past 5 years?
-15.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZS is currently unprofitable.
Growing Profit Margin: AZS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AZS is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.
Accelerating Growth: Unable to compare AZS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AZS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).
Return on Equity
High ROE: AZS has a negative Return on Equity (-87.36%), as it is currently unprofitable.
Next Steps
Financial Health
How is Azure Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: AZS's short term assets (A$1.1M) exceed its short term liabilities (A$609.0K).
Long Term Liabilities: AZS's short term assets (A$1.1M) do not cover its long term liabilities (A$2.1M).
Debt to Equity History and Analysis
Debt Level: AZS's debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AZS's debt to equity ratio has reduced 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: AZS has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if AZS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Azure Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AZS'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 AZS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZS'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 AZS'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?
14.2yrs
Average management tenure
CEO
Tony Rovira
17.08yrs
Tenure
AU$470,193
Compensation
Mr. Anthony Paul Rovira, also known as Tony, B.Sc. (Geology), B.Sc. (Hons), MAusIMM, MAICD, has been the Managing Director and Chief Executive Officer of Azure Minerals Limited (formerly known as Nickel Au...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD365.09K) is about average for companies of similar size in the Australian market ($USD295.20K).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive MD | 17.08yrs | AU$470.19k | 0.49% A$ 745.5k | |
| Company Secretary & CFO | 14.17yrs | AU$212.60k | no data | |
| Exploration Manager | 1yr | no data | no data |
14.2yrs
Average Tenure
Experienced Management: AZS's management team is seasoned and experienced (14.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive MD | 17.08yrs | AU$470.19k | 0.49% A$ 745.5k | |
| Non-Executive Independent Director | 1.17yrs | AU$15.69k | no data | |
| Non-Executive Independent Chairman of the Board | 9.08yrs | AU$69.97k | 0.24% A$ 371.3k | |
| Non-Executive Director | 0.25yr | no data | 0.013% A$ 19.8k |
5.1yrs
Average Tenure
Experienced Board: AZS's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AZS 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 substantially diluted in the past year, with total shares outstanding growing by 90%.
Top Shareholders
Company Information
Azure Minerals Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Azure Minerals Limited
- Ticker: AZS
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$152.502m
- Shares outstanding: 308.09m
- Website: https://www.azureminerals.com.au
Location
- Azure Minerals Limited
- 34 Colin Street
- Level 1
- West Perth
- Western Australia
- 6005
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AZS | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2003 |
| AZRM.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2003 |
| AZS | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2003 |
Biography
Azure Minerals Limited engages in the exploration of precious and base minerals in Mexico. The company primarily explores for lead, nickel, cobalt, gold, copper, silver, and zinc deposits. Its flagship pro...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 07:04 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.