TSXV:AMR

Stock Analysis Report

Executive Summary

AM Resources Corp., together with its subsidiaries, engages in the exploration of coal, hydrocarbons, and gold mining sites in Colombia and Canada.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has AM Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-22.7%

AMR

1.2%

CA Oil and Gas

0.3%

CA Market


1 Year Return

n/a

AMR

-13.3%

CA Oil and Gas

0.1%

CA Market

Return vs Industry: Insufficient data to determine how AMR performed against the Canadian Oil and Gas industry.

Return vs Market: Insufficient data to determine how AMR performed against the Canadian Market.


Shareholder returns

AMRIndustryMarket
7 Day-22.7%1.2%0.3%
30 Day-5.6%-4.7%-2.5%
90 Day0%-4.0%-1.4%
1 Yearn/a-9.3%-13.3%3.6%0.1%
3 Yearn/a-15.8%-24.3%14.3%4.1%
5 Yearn/a-22.2%-34.0%25.0%6.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is AM Resources undervalued compared to its fair value and its price relative to the market?

2.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AMR is overvalued based on its PB Ratio (2.3x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

-3.1%

Forecasted Energy 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 AM Resources 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 AM Resources performed over the past 5 years?

-81.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AMR is unprofitable, and losses have increased over the past 5 years at a rate of -81.2% per year.

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

Earnings vs Industry: AMR 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: AMR has a negative Return on Equity (-57.42%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is AM Resources's financial position?


Financial Position Analysis

Short Term Liabilities: AMR's short term assets (CA$694.5K) do not cover its short term liabilities (CA$1.5M)

Long Term Liabilities: AMR's short term assets (694.5K) exceeds its long term liabilities (42.3K)


Debt to Equity History and Analysis

Debt Level: AMR's debt to equity ratio (37.3%) is considered satisfactory

Reducing Debt: Insufficient data to determine if AMR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: AMR's debt is not covered by short term assets (assets are 0.7x debt).


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

Forecast Cash Runway: AMR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -74.9% each year


Next Steps

Dividend

What is AM Resources'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 AMR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if AMR'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 AMR'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 AM Resources's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average board tenure


CEO

Adriana Shaw Rios Garcia 0

0.4yrs

Tenure

CA$390,851

Compensation

Ms. Adriana Rios Garcia, also known as Adriana Shaw, is Interim President and CEO since May 30, 2019 and Chief Operating Officer Director of AM Resources Corp. since April 11, 2018. Ms. Shaw is also the Ch ...


CEO Compensation Analysis

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

Compensation vs Earnings: Insufficient data to compare Adriana Shaw's compensation with company performance.


Board Age and Tenure

1.5yrs

Average Tenure

Experienced Board: AMR's board of directors are not considered experienced ( 1.5 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.


Ownership Breakdown


Management Team

  • Pierre O'Dowd (62yo)

    Independent Consultant

    • Tenure: 0yrs
  • Martin Nicoletti (56yo)

    CFO & Corporate Secretary

    • Tenure: 0yrs
    • Compensation: CA$78.00k
  • Adriana Shaw Rios Garcia

    Interim President

    • Tenure: 0.4yrs
    • Compensation: CA$390.85k

Board Members

  • Wayne Isaacs (56yo)

    Director

    • Tenure: 2.8yrs
  • David Grondin (42yo)

    Director

    • Tenure: 11.9yrs
  • Dominic Voyer

    Director

    • Tenure: 1.4yrs
    • Compensation: CA$79.01k
  • Adriana Shaw Rios Garcia

    Interim President

    • Tenure: 0.4yrs
    • Compensation: CA$390.85k
  • Diego Barragan

    Director

    • Tenure: 0.9yrs
    • Compensation: CA$1.54k

Company Information

AM Resources Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AM Resources Corp.
  • Ticker: AMR
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$5.236m
  • Shares outstanding: 61.60m
  • Website: https://www.am-resources.com

Location

  • AM Resources Corp.
  • 500 Place d’Armes
  • Suite 1800
  • Montréal
  • Quebec
  • H2Y 2W2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMRTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2018
76ADB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2018
AMRC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2018

Biography

AM Resources Corp., together with its subsidiaries, engages in the exploration of coal, hydrocarbons, and gold mining sites in Colombia and Canada. It owns 80% interest in the Mina Luz coal property, which ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 00:34
End of Day Share Price2019/10/11 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.