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.

Risks

  • AM Resources has significant price volatility in the past 3 months.
  • AM Resources is not covered by any analysts.

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

-5.6%

AMR

3.1%

CA Oil and Gas

1.3%

CA Market


1 Year Return

-57.5%

AMR

-10.7%

CA Oil and Gas

-0.1%

CA Market

AMR underperformed the Oil and Gas industry which returned -10.7% over the past year.

AMR underperformed the Market in Canada which returned -0.1% over the past year.


Share holder returns

AMRIndustryMarket
7 Day-5.6%3.1%1.3%
30 Day-5.6%10.0%4.7%
90 Day-5.6%1.0%1.6%
1 Year-57.5%-57.5%-6.6%-10.7%3.4%-0.1%
3 Yearn/a-5.2%-15.0%19.1%8.4%
5 Yearn/a-24.1%-35.3%23.2%5.7%

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 based on future cash flows and its price relative to the stock market?

2.31x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for AM Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for AM Resources to establish if it is available at substantial discount.


Price Based on Earnings

AM Resources is loss making, we can't compare its value to the CA Oil and Gas industry average.

AM Resources is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AM Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

AM Resources is overvalued based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

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

-4.3%

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

AM Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare AM Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare AM Resources's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if AM Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if AM Resources has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if AM Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is AM Resources's financial position?


Financial Position Analysis

AM Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

AM Resources's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AM Resources's level of debt (37.3%) compared to net worth is satisfactory (less than 40%).

Unable to establish if AM Resources's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

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.

AM Resources has less than a year of cash runway based on current free cash flow.

AM Resources has less than a year of cash runway if free cash flow continues to grow 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 and Payments Analysis

Unable to evaluate AM Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate AM Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as AM Resources has not reported any payouts.

Unable to verify if AM Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as AM Resources has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

1.4yrs

Average board tenure


CEO

Adriana Shaw Rios Garcia 0

0.3yrs

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

Adriana Shaw's remuneration is higher than average for companies of similar size in Canada.

Insufficient data for Adriana Shaw to compare compensation growth.


Board Age and Tenure

1.4yrs

Average Tenure

The average tenure for the AM Resources board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


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: 0.3yrs
    • Compensation: CA$390.85k

Board Members

  • Wayne Isaacs (56yo)

    Director

    • Tenure: 2.7yrs
  • David Grondin (42yo)

    Director

    • Tenure: 11.8yrs
  • Dominic Voyer

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$79.01k
  • Adriana Shaw Rios Garcia

    Interim President

    • Tenure: 0.3yrs
    • Compensation: CA$390.85k
  • Diego Barragan

    Director

    • Tenure: 0.8yrs
    • 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 Analysis2019/09/22 00:47
End of Day Share Price2019/09/20 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.