ASX:AZS

Stock Analysis Report

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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.


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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 +/- 31% a week.

Volatility Over Time: AZS's weekly volatility has increased from 21% to 31% over the past year.


Market Performance


7 Day Return

-6.3%

AZS

4.6%

AU Metals and Mining

1.3%

AU Market


1 Year Return

620.0%

AZS

14.7%

AU Metals and Mining

-1.7%

AU Market

Return vs Industry: AZS exceeded the Australian Metals and Mining industry which returned 14.7% over the past year.

Return vs Market: AZS exceeded the Australian Market which returned -1.7% over the past year.


Shareholder returns

AZSIndustryMarket
7 Day-6.3%4.6%1.3%
30 Day150.0%9.4%11.1%
90 Day429.4%3.2%9.0%
1 Year620.0%620.0%20.8%14.7%1.7%-1.7%
3 Year63.6%63.6%59.4%37.5%23.1%7.9%
5 Year18.4%18.4%200.8%143.5%57.2%26.0%

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

Valuation

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

22.48x

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 (22.5x) compared to the AU Metals and Mining industry average (2.5x).


Next Steps

Future Growth

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

2.8%

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

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?

14.0yrs

Average management tenure


CEO

Tony Rovira

16.92yrs

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 ($USD347.60K) is below average for companies of similar size in the Australian market ($USD523.72K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Rovira
Executive MD16.92yrsAU$470.19k0.62%
A$ 1.5m
Brett Dickson
Company Secretary & CFO14yrsAU$212.60kno data
Brent Hendrickson
Vice President of Exploration9.5yrsno datano data

14.0yrs

Average Tenure

Experienced Management: AZS's management team is seasoned and experienced (14 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Rovira
Executive MD16.92yrsAU$470.19k0.62%
A$ 1.5m
Hansjoerg Plaggemars
Non-Executive Independent Director1yrAU$15.69kno data
Peter Anthony Ingram
Non-Executive Independent Chairman of the Board8.92yrsAU$69.97k0.31%
A$ 742.6k
Wayne Bramwell
Non-Executive Director0.083yrno datano data

5.0yrs

Average Tenure

Experienced Board: AZS's board of directors are considered experienced (5 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 50.6%.


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$241.850m
  • Shares outstanding: 244.29m
  • Website: https://www.azureminerals.com.au

Location

  • Azure Minerals Limited
  • 34 Colin Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AZSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2003
AZRM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2003
AZSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 07:05
End of Day Share Price2020/11/30 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.