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Aquila Resources

TSX:AQA
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AQA
TSX
CA$73M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Aquila Resources Inc. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Aquila Resources has significant price volatility in the past 3 months.
AQA Share Price and Events
7 Day Returns
10.3%
TSX:AQA
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-15.7%
TSX:AQA
-5.4%
CA Metals and Mining
0.9%
CA Market
AQA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aquila Resources (AQA) 10.3% 2.4% 26.5% -15.7% 53.6% 138.9%
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • AQA underperformed the Metals and Mining industry which returned -5.4% over the past year.
  • AQA underperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
AQA
Industry
5yr Volatility vs Market

AQA Value

 Is Aquila Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Aquila Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Aquila Resources.

TSX:AQA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:AQA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.18
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.18 (1 + (1- 26.5%) (0%))
1.121
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.121 * 5.96%)
8.63%

Discounted Cash Flow Calculation for TSX:AQA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Aquila Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSX:AQA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.63%)
2019 0.00 Est @ 5.42% 0.00
2020 0.00 Est @ 4.38% 0.00
2021 72.00 Analyst x1 56.17
2022 81.00 Analyst x1 58.18
2023 18.00 Analyst x1 11.90
2024 18.66 Est @ 3.65% 11.36
2025 19.24 Est @ 3.14% 10.78
2026 19.78 Est @ 2.78% 10.20
2027 20.28 Est @ 2.53% 9.63
2028 20.76 Est @ 2.36% 9.07
Present value of next 10 years cash flows $177.30
TSX:AQA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $20.76 × (1 + 1.95%) ÷ (8.63% – 1.95%)
$316.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $316.84 ÷ (1 + 8.63%)10
$138.52
TSX:AQA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $177.30 + $138.52
$315.82
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $315.82 / 338.28
$0.93
TSX:AQA Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:AQA)
1.341
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.93 x 1.341
CA$1.25
Value per share (CAD) From above. CA$1.25
Current discount Discount to share price of CA$0.22
= -1 x (CA$0.22 - CA$1.25) / CA$1.25
82.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Aquila Resources is available for.
Intrinsic value
>50%
Share price is CA$0.22 vs Future cash flow value of CA$1.25
Current Discount Checks
For Aquila Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Aquila Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Aquila Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Aquila Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aquila Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:AQA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.04
TSX:AQA Share Price ** TSX (2019-03-22) in CAD CA$0.22
TSX:AQA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $0.16
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Aquila Resources.

TSX:AQA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:AQA Share Price ÷ EPS (both in USD)

= 0.16 ÷ -0.04

-4.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aquila Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Aquila Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Aquila Resources's expected growth come at a high price?
Raw Data
TSX:AQA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Aquila Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aquila Resources's assets?
Raw Data
TSX:AQA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-0.01
TSX:AQA Share Price * TSX (2019-03-22) in CAD CA$0.22
TSX:AQA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $0.16
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSX:AQA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:AQA Share Price ÷ Book Value per Share (both in USD)

= 0.16 ÷ -0.01

-22.11x

* Primary Listing of Aquila Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aquila Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.
X
Value checks
We assess Aquila Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Aquila Resources has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AQA Future Performance

 How is Aquila Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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 Aquila 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aquila Resources expected to grow at an attractive rate?
  • Unable to compare Aquila Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aquila Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Aquila Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:AQA Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:AQA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:AQA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 201 90 1
2022-12-31 314 173 1
2021-12-31 289 163 1
TSX:AQA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -11 -12
2018-09-30 -10 -14
2018-06-30 -10 -13
2018-03-31 -9 -11
2017-12-31 -9 -11
2017-09-30 -8 -8
2017-06-30 -7 -9
2017-03-31 -7 -9
2016-12-31 -7 -8
2016-09-30 -8 -9
2016-06-30 -7 -9
2016-03-31 -7 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aquila Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Aquila Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:AQA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Aquila Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:AQA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
TSX:AQA Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.03
2016-09-30 -0.04
2016-06-30 -0.04
2016-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Aquila Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of AQA’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.
  2. Aquila Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Aquila Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Aquila Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Aquila Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AQA Past Performance

  How has Aquila Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Aquila Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Aquila Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Aquila Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Aquila Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Aquila Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Aquila Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:AQA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -11.82 12.09
2018-09-30 -14.15 12.02
2018-06-30 -12.83 10.66
2018-03-31 -10.77 9.77
2017-12-31 -11.09 9.56
2017-09-30 -7.70 8.33
2017-06-30 -8.75 8.22
2017-03-31 -8.90 7.95
2016-12-31 -7.93 7.20
2016-09-30 -9.49 7.52
2016-06-30 -8.73 7.93
2016-03-31 -7.29 6.95
2015-12-31 -6.27 5.84
2015-09-30 -7.91 4.48
2015-06-30 -6.88 2.93
2015-03-31 -6.69 2.39
2014-12-31 -6.39 2.56
2014-09-30 -3.67 2.09
2014-06-30 -3.55 1.73
2014-03-31 -3.00 1.43
2013-12-31 -2.83 1.13
2013-09-30 -5.04 1.97
2013-06-30 -4.86 1.87
2013-03-31 -4.82 1.81
2012-12-31 -4.84 1.79
2012-09-30 -0.83 0.66
2012-06-30 -1.07 0.73
2012-03-31 -1.27 0.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Aquila Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Aquila Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Aquila Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Aquila Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Aquila Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AQA Health

 How is Aquila Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Aquila Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aquila Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Aquila Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Aquila Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Aquila Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Aquila Resources Company Filings, last reported 2 months ago.

TSX:AQA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -2.45 0.00 14.39
2018-09-30 -2.95 0.00 10.47
2018-06-30 -0.66 0.00 12.61
2018-03-31 3.79 0.00 14.85
2017-12-31 8.47 0.00 17.15
2017-09-30 3.71 0.00 3.09
2017-06-30 3.66 0.00 3.00
2017-03-31 5.94 0.00 5.05
2016-12-31 3.80 0.00 1.40
2016-09-30 5.03 0.00 1.48
2016-06-30 7.20 0.00 1.57
2016-03-31 7.51 0.00 1.59
2015-12-31 9.09 0.00 3.27
2015-09-30 11.91 7.85 1.22
2015-06-30 13.32 0.00 2.41
2015-03-31 14.23 7.23 4.78
2014-12-31 11.47 0.77 0.46
2014-09-30 16.27 0.77 1.21
2014-06-30 16.11 0.79 2.48
2014-03-31 17.00 0.73 3.08
2013-12-31 17.47 0.74 0.29
2013-09-30 30.37 0.00 0.16
2013-06-30 30.52 0.00 0.27
2013-03-31 30.62 0.00 0.09
2012-12-31 8.04 0.00 0.22
2012-09-30 32.58 0.00 0.52
2012-06-30 32.71 0.00 0.79
2012-03-31 33.01 0.00 1.19
  • Aquila Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Aquila Resources's debt level has increased considering it has negative shareholder equity.
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.

  • Aquila Resources has sufficient cash runway for 1.3 years based on current free cash flow.
  • Aquila Resources has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 18% each year.
X
Financial health checks
We assess Aquila Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Aquila Resources has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AQA Dividends

 What is Aquila Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Aquila Resources dividends.
If you bought CA$2,000 of Aquila Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Aquila Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Aquila Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:AQA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:AQA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Aquila Resources has not reported any payouts.
  • Unable to verify if Aquila Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Aquila Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Aquila 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.
X
Income/ dividend checks
We assess Aquila Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Aquila Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aquila Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AQA Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Barry Hildred
COMPENSATION $1,262,112
TENURE AS CEO 6 years
CEO Bio

Mr. Barry Hildred has been Chief Executive Officer of Aquila Resources Inc. since March 18, 2013 and has been its Director since 2013 and serves as its President. Mr. Hildred is a Principal at Level 2 Advisors. Mr. Hildred is a senior executive and successful entrepreneur with varied business leadership experience. Mr. Hildred was Founder of The Equicom Group, a company specializing in strategic financial and Investor Relations services for Canadian public companies. In 2007, The Equicom Group was acquired by the TMX Group, owner and operator of the Toronto Stock Exchange and TSX Venture Exchange. He is also the Chairman of The Children’s Aid Foundation of Canada.

CEO Compensation
  • Barry's compensation has increased whilst company is loss making.
  • Barry's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Aquila Resources management team in years:

3.3
Average Tenure
  • The tenure for the Aquila Resources management team is about average.
Management Team

Barry Hildred

TITLE
CEO, President & Director
COMPENSATION
$1M
TENURE
6 yrs

Stephanie Malec

TITLE
Chief Financial Officer
COMPENSATION
$293K
TENURE
3.8 yrs

Andrew Boushy

TITLE
Senior Vice President of Projects
COMPENSATION
$531K
TENURE
1 yrs

Michael Welch

TITLE
Chief Operating Officer
TENURE
1 yrs

David Carew

TITLE
Director of Corporate Development & Investor Relations

Nadim Wakeam

TITLE
Corporate Secretary
AGE
65
TENURE
17.4 yrs

Jeff Lynott

TITLE
Director of Exploration
TENURE
1.6 yrs

Mark Burridge

TITLE
COMPENSATION
$174K
AGE
49
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Aquila Resources board of directors in years:

3.8
Average Tenure
66
Average Age
  • The tenure for the Aquila Resources board of directors is about average.
Board of Directors

Ted Munden

TITLE
Chairman of the Board
COMPENSATION
$72K
AGE
67
TENURE
3.3 yrs

Barry Hildred

TITLE
CEO, President & Director
COMPENSATION
$1M
TENURE
6.2 yrs

Andrew Dunn

TITLE
Director
COMPENSATION
$57K
TENURE
3.8 yrs

Peter M. Bradshaw

TITLE
Director
COMPENSATION
$36K
AGE
79
TENURE
12.9 yrs

Steve Fabian

TITLE
Director
COMPENSATION
$36K
TENURE
5.2 yrs

Kevin Drover

TITLE
Director
COMPENSATION
$47K
AGE
65
TENURE
3.8 yrs

Ian Pritchard

TITLE
Director
COMPENSATION
$103K
TENURE
2.1 yrs

Joseph de la Plante

TITLE
Director
TENURE
1.3 yrs

Jacques Perron

TITLE
Director
AGE
57
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Aquila Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Feb 19 Buy Andrew Dunn Individual 24. Feb 16 05. Apr 18 440,000 CA$0.25 CA$82,004
27. Dec 18 Buy David Hildred Individual 21. Dec 18 24. Dec 18 36,500 CA$0.17 CA$6,216
11. Dec 18 Buy Andrew Dunn Individual 11. Dec 18 11. Dec 18 5,000 CA$0.16 CA$775
07. Dec 18 Buy Andrew Dunn Individual 07. Dec 18 07. Dec 18 30,000 CA$0.16 CA$4,800
06. Dec 18 Buy Andrew Dunn Individual 06. Dec 18 06. Dec 18 30,000 CA$0.17 CA$4,950
04. Dec 18 Buy David Hildred Individual 22. Nov 18 03. Dec 18 50,000 CA$0.18 CA$8,175
19. Nov 18 Buy David Hildred Individual 13. Nov 18 13. Nov 18 50,000 CA$0.15 CA$7,340
X
Management checks
We assess Aquila Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Aquila Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AQA News

Simply Wall St News

What You Must Know About Aquila Resources Inc.'s (TSE:AQA) Beta Value

(TSE:AQA), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Could Aquila Resources Inc.'s (TSE:AQA) Investor Composition Influence The Stock Price?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Aquila Resources is a smaller company with a market capitalization of CA$76m, so it may still be flying under the radar of many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that

Simply Wall St -

Have Insiders Been Buying Aquila Resources Inc. (TSE:AQA) Shares This Year?

Aquila Resources Insider Transactions Over The Last Year. … Over the last year, we can see that insiders have bought 262.00k shares worth CA$7.8m. … In total, Aquila Resources insiders bought more than they sold over the last year

Simply Wall St -

Should You Worry About The Aquila Resources Inc's (TSE:AQA) Shareholder Register?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership. … Aquila Resources is not a large company by global standards.

Simply Wall St -

Should You Have Aquila Resources Inc's (TSE:AQA) In Your Portfolio?

Generally, an investor should consider two types of risk that impact the market value of AQA. … The other type of risk, which cannot be diversified away, is market risk. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

Simply Wall St -

Who Owns Most Of Aquila Resources Inc (TSE:AQA)?

I am going to take a deep dive into Aquila Resources Inc’s (TSE:AQA) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

AQA Company Info

Description

Aquila Resources Inc. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for zinc, gold, copper, lead, silver, and nickel deposits. Its flagship property is the 100% owned Back Forty project, a development stage volcanogenic massive sulfide discovery deposit located in Menominee County, Michigan. The company was incorporated in 1997 and is headquartered in Toronto, Canada.

Details
Name: Aquila Resources Inc.
AQA
Exchange: TSX
Founded: 1997
CA$72,731,180
338,284,562
Website: http://www.aquilaresources.com
Address: Aquila Resources Inc.
141 Adelaide Street West,
Suite 520,
Toronto,
Ontario, M5H 3L5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX AQA Common Shares The Toronto Stock Exchange CA CAD 02. May 2006
OTCPK AQAR.F Common Shares Pink Sheets LLC US USD 02. May 2006
DB JM4A Common Shares Deutsche Boerse AG DE EUR 02. May 2006
Number of employees
Current staff
Staff numbers
17
Aquila Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/22 23:55
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2018/12/21
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.