Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey.
Undervalued with proven track record.
Share Price & News
How has Alacer Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASR's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ASR exceeded the Canadian Metals and Mining industry which returned -9.7% over the past year.
Return vs Market: ASR exceeded the Canadian Market which returned -25.3% over the past year.
Price Volatility Vs. Market
How volatile is Alacer Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StShould You Take Comfort From Insider Transactions At Alacer Gold Corp. (TSE:ASR)?
2 weeks ago | Simply Wall StBoasting A 14% Return On Equity, Is Alacer Gold Corp. (TSE:ASR) A Top Quality Stock?
1 month ago | Simply Wall StDo Institutions Own Alacer Gold Corp. (TSE:ASR) Shares?
Is Alacer Gold undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASR (CA$4.68) is trading below our estimate of fair value (CA$32.42)
Significantly Below Fair Value: ASR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASR is good value based on its PE Ratio (8.4x) compared to the Metals and Mining industry average (12.3x).
PE vs Market: ASR is good value based on its PE Ratio (8.4x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: ASR is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: ASR is overvalued based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.1x).
How is Alacer Gold forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASR's forecast earnings growth (10.9% per year) is above the savings rate (1.4%).
Earnings vs Market: ASR's earnings (10.9% per year) are forecast to grow faster than the Canadian market (7.8% per year).
High Growth Earnings: ASR's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASR's revenue (7.5% per year) is forecast to grow faster than the Canadian market (3.9% per year).
High Growth Revenue: ASR's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASR's Return on Equity is forecast to be low in 3 years time (12.7%).
How has Alacer Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASR has high quality earnings.
Growing Profit Margin: ASR's current net profit margins (24.7%) are higher than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: ASR's earnings have declined by -3.1% per year over the past 5 years.
Accelerating Growth: ASR's earnings growth over the past year (669.2%) exceeds its 5-year average (-3.1% per year).
Earnings vs Industry: ASR earnings growth over the past year (669.2%) exceeded the Metals and Mining industry 25.4%.
Return on Equity
High ROE: ASR's Return on Equity (14.4%) is considered low.
How is Alacer Gold's financial position?
Financial Position Analysis
Short Term Liabilities: ASR's short term assets ($339.6M) exceed its short term liabilities ($137.2M).
Long Term Liabilities: ASR's short term assets ($339.6M) do not cover its long term liabilities ($347.0M).
Debt to Equity History and Analysis
Debt Level: ASR's debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ASR's debt is well covered by operating cash flow (92.7%).
Interest Coverage: ASR's interest payments on its debt are well covered by EBIT (10.4x coverage).
Inventory Level: ASR has a high level of physical assets or inventory.
Debt Coverage by Assets: ASR's debt is covered by short term assets (assets are 1.2x debt).
What is Alacer Gold's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ASR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ASR is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Antal (52yo)
Mr. Rodney P. Antal, also known as Rod, B.Bus, Accountancy, CPA, has been the Chief Executive Officer and President of Alacer Gold Corp. since August 13, 2013. Mr. Antal served as the Chief Financial Offic ...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD3.43M) is above average for companies of similar size in the Canadian market ($USD1.69M).
Compensation vs Earnings: Rod's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||6.58yrs||US$1.21m||0.19% $2.7m|
|Chief Operating Officer||3.75yrs||US$1.43m||0.070% $1.0m|
|Senior Vice President of Business Development & Investor Relations||no data||US$1.19m||0.033% $478.9k|
|Chief Legal Officer & Company Secretary||3.25yrs||US$908.97k||0.069% $985.4k|
|Director of Investor Relations||15.08yrs||no data||no data|
Experienced Management: ASR's management team is seasoned and experienced (6.6 years average tenure).
|Independent Chairman of the Board||5.92yrs||US$260.00k||0.035% $505.9k|
|Independent Director||0.58yr||no data||no data|
|Independent Non-Executive Director||5.92yrs||US$160.00k||0.017% $244.0k|
|Independent Lead Director||5.92yrs||US$165.00k||0.015% $217.4k|
|Independent Non-Executive Director||5.5yrs||US$160.00k||0.029% $414.7k|
|Independent Non-Executive Director||5.5yrs||US$150.00k||0.017% $244.0k|
Experienced Board: ASR's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alacer Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Alacer Gold Corp.
- Ticker: ASR
- Exchange: TSX
- Industry: Gold
- Sector: Materials
- Market Cap: CA$1.439b
- Shares outstanding: 294.79m
- Website: https://www.alacergold.com
Number of Employees
- Alacer Gold Corp.
- 7001 East Belleview Avenue
- Suite 800
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASR||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 1993|
|TQL||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 1993|
|ALIA.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 1993|
|AQG||ASX (Australian Securities Exchange)||CDI||AU||AUD||Feb 2011|
|TQL1||DB (Deutsche Boerse AG)||CDI||DE||EUR||Feb 2011|
|ALAC.F||OTCPK (Pink Sheets LLC)||CDI||US||USD||Feb 2011|
|AQG||CHIA (Chi-X Australia)||CDI||AU||AUD||Feb 2011|
|AQG||CHIA (Chi-X Australia)||CDI||AU||AUD||Feb 2011|
Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the Çöpler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 01:46|
|End of Day Share Price||2020/03/27 00:00|
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.