TSXV:A

Stock Analysis Report

Executive Summary

Armor Minerals Inc. engages in the acquisition and exploration of mineral properties in Canada and the United States.

Risk Analysis

Earnings have declined by -10.96% per year over past 5 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$15M)



Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Armor Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.0%

A

1.7%

CA Metals and Mining

-5.3%

CA Market


1 Year Return

-26.7%

A

25.4%

CA Metals and Mining

-1.6%

CA Market

Return vs Industry: A underperformed the Canadian Metals and Mining industry which returned 26.9% over the past year.

Return vs Market: A underperformed the Canadian Market which returned 10.4% over the past year.


Shareholder returns

AIndustryMarket
7 Day-6.0%1.7%-5.3%
30 Day0%0.8%-4.2%
90 Dayn/a10.0%0.3%
1 Year-26.7%-26.7%26.4%25.4%1.4%-1.6%
3 Year-21.3%-21.3%1.1%-0.7%-4.3%-11.9%
5 Year85.3%85.3%28.3%24.1%10.3%-4.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Armor Minerals undervalued compared to its fair value and its price relative to the market?

29.66x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: A is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: A is overvalued based on its PB Ratio (31.5x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

17.1%

Forecasted Materials 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 Armor Minerals 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 Armor Minerals performed over the past 5 years?

-11.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A is currently unprofitable.

Growing Profit Margin: A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: A is unprofitable, and losses have increased over the past 5 years at a rate of -11% per year.

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

Earnings vs Industry: A is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).


Return on Equity

High ROE: A has a negative Return on Equity (-52.59%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Armor Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: A's short term assets (CA$548.4K) exceed its short term liabilities (CA$124.7K).

Long Term Liabilities: A's short term assets (CA$548.4K) exceed its long term liabilities (CA$87.5K).


Debt to Equity History and Analysis

Debt Level: A is debt free.

Reducing Debt: A currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Inventory Level: A has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if A'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: A has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: A has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 65.4% each year.


Next Steps

Dividend

What is Armor Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.5%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

4.9yrs

Average board tenure


CEO

Richard Warke (59yo)

1.3yrs

Tenure

0

Mr. Richard William Warke serves as Executive Chairman of Titan Mining Corporation since June 01, 2017. Mr. Warke serves as Executive Director at Solaris Resources Inc. Mr. Warke has been President and Chi ...


Board Age and Tenure

4.9yrs

Average Tenure

55yo

Average Age

Experienced Board: A's board of directors are considered experienced (4.9 years average tenure).


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

BuyCA$656,09025 Feb 19
Ozama River Corp.
EntityCompany
Shares17,589,553
Max PriceCA$0.037
SellCA$656,09025 Feb 19
Robert Pirooz
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares17,589,553
Max PriceCA$0.037

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5%.


Management Team

  • Richard Warke (59yo)

    President

    • Tenure: 1.3yrs
  • Linda Chang

    Chief Financial Officer

    • Tenure: 1yrs
    • Compensation: CA$5.89k

Board Members

  • Robert Pirooz (55yo)

    Independent Director

    • Tenure: 4.9yrs
  • Richard Warke (59yo)

    President

    • Tenure: 1.3yrs
  • Purni Parikh (49yo)

    Independent Director

    • Tenure: 4.9yrs

Company Information

Armor Minerals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Armor Minerals Inc.
  • Ticker: A
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$13.960m
  • Shares outstanding: 44.32m
  • Website: https://www.armorminerals.com

Location

  • Armor Minerals Inc.
  • 999 Canada Place
  • Suite 555
  • Vancouver
  • British Columbia
  • V6C 3E1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RCZBVL (Bolsa de Valores de Lima)COM NPV (POST REV SPLIT)PECADNo data
ATSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2008

Biography

Armor Minerals Inc. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc. in May 2015. Armor Minerals Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/27 00:22
End of Day Share Price2020/01/23 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.