TSX:AZZ

Stock Analysis Report

Azarga Uranium

Executive Summary

Azarga Uranium Corp. operates as an integrated uranium exploration and development company in the United States and the Kyrgyz Republic.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Azarga Uranium's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.9%

AZZ

-0.06%

CA Oil and Gas

0.1%

CA Market


1 Year Return

-28.0%

AZZ

-12.1%

CA Oil and Gas

1.6%

CA Market

Return vs Industry: AZZ underperformed the Canadian Oil and Gas industry which returned -12.1% over the past year.

Return vs Market: AZZ underperformed the Canadian Market which returned 1.6% over the past year.


Shareholder returns

AZZIndustryMarket
7 Day2.9%-0.06%0.1%
30 Day-5.3%-5.8%-2.9%
90 Day-16.3%-3.8%-1.4%
1 Year-28.0%-28.0%-8.1%-12.1%5.2%1.6%
3 Year-12.2%-12.2%-16.8%-25.2%13.8%3.7%
5 Yearn/a-22.2%-34.0%25.3%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Azarga Uranium undervalued compared to its fair value and its price relative to the market?

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate AZZ's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate AZZ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AZZ is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: AZZ is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate AZZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AZZ is overvalued based on its PB Ratio (0.6x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Azarga Uranium forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

30.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AZZ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AZZ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AZZ is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if AZZ's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if AZZ's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if AZZ's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Azarga Uranium performed over the past 5 years?

-14.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AZZ is unprofitable, and losses have increased over the past 5 years at a rate of -14.9% per year.

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

Earnings vs Industry: AZZ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (62.2%).


Return on Equity

High ROE: AZZ has a negative Return on Equity (-16.13%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AZZ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AZZ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Azarga Uranium's financial position?


Financial Position Analysis

Short Term Liabilities: AZZ's short term assets ($1.3M) exceeds its short term liabilities ($879.4K)

Long Term Liabilities: AZZ's short term assets (1.3M) do not cover its long term liabilities (5.0M)


Debt to Equity History and Analysis

Debt Level: AZZ is debt free.

Reducing Debt: AZZ has no debt compared to 5 years ago when its debt to equity ratio was 14.9%.


Balance Sheet

Inventory Level: AZZ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AZZ's debt is 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.

Stable Cash Runway: AZZ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AZZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12.1% each year


Next Steps

Dividend

What is Azarga Uranium's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate AZZ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if AZZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AZZ'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 AZZ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Blake Steele 0

1.8yrs

Tenure

US$493,384

Compensation

Mr. Blake Albert Steele served as the Chief Financial Officer at Azarga Uranium Corp. from October 28, 2014 to December 4, 2017 and has been its President since August 10, 2015 and served as its Corporate  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Blake's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Blake's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.8yrs

Average Tenure

Experienced Management: AZZ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: AZZ's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$7,20022 May 19
John Mays
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares30,000
Max PriceUS$0.24
SellUS$3,96023 Apr 19
John Mays
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares16,500
Max PriceUS$0.24
SellUS$1,75018 Apr 19
John Mays
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares7,000
Max PriceUS$0.25
SellUS$5,16130 Jan 19
John Mays
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares21,500
Max PriceUS$0.24
SellUS$2,367,45504 Dec 18
Platinum Management (NY) LLC
EntityCompany
Shares10,293,312
Max PriceUS$0.23

Ownership Breakdown


Management Team

  • Doris Meyer (67yo)

    Corporate Secretary

    • Tenure: 1.8yrs
  • Dick Clement (74yo)

    • Tenure: 1.3yrs
    • Compensation: US$23.68k
  • John Mays

    Chief Operating Officer

    • Tenure: 5.8yrs
    • Compensation: US$216.50k
  • Dan O'Brien

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: US$167.43k
  • Blake Steele

    President & CEO

    • Tenure: 1.8yrs
    • Compensation: US$493.38k

Board Members

  • Todd Hilditch (51yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs
    • Compensation: US$22.88k
  • Glenn Catchpole (75yo)

    Non-Executive Chairman

    • Tenure: 1.3yrs
    • Compensation: US$31.52k
  • Delos Jamison (70yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: US$43.17k
  • Sandra MacKay (59yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs
    • Compensation: US$22.88k
  • Matt O'Kane (48yo)

    Independent Non-Executive Director

    • Tenure: 6.1yrs
    • Compensation: US$55.33k
  • Joseph L. Havlin (64yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: US$55.33k

Company Information

Azarga Uranium Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Azarga Uranium Corp.
  • Ticker: AZZ
  • Exchange: TSX
  • Founded: 1984
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$33.292m
  • Shares outstanding: 184.96m
  • Website: https://www.azargauranium.com

Number of Employees


Location

  • Azarga Uranium Corp.
  • 15782 Marine Drive
  • Unit 1
  • White Rock
  • British Columbia
  • V4B 1E6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AZZTSX (The Toronto Stock Exchange)YesNew Common SharesCACADOct 2014
P8AADB (Deutsche Boerse AG)YesNew Common SharesDEEUROct 2014
AZZU.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDOct 2014

Biography

Azarga Uranium Corp. operates as an integrated uranium exploration and development company in the United States and the Kyrgyz Republic. The company owns interests in the Dewey Burdock project covering an  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:13
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.