AAX Stock Overview
Advance Gold Corp., an exploration stage company, explores for and evaluates mineral properties in Canada, Kenya, and Mexico.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.06|
|52 Week High||CA$0.16|
|52 Week Low||CA$0.045|
|1 Month Change||9.09%|
|3 Month Change||20.00%|
|1 Year Change||-47.83%|
|3 Year Change||-7.69%|
|5 Year Change||-7.69%|
|Change since IPO||-97.82%|
Recent News & Updates
|AAX||CA Metals and Mining||CA Market|
Return vs Industry: AAX underperformed the Canadian Metals and Mining industry which returned 5.8% over the past year.
Return vs Market: AAX underperformed the Canadian Market which returned 23.7% over the past year.
|AAX Average Weekly Movement||17.3%|
|Metals and Mining Industry Average Movement||10.7%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.1%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: AAX is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: AAX's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
Advance Gold Corp., an exploration stage company, explores for and evaluates mineral properties in Canada, Kenya, and Mexico. It explores for gold, silver, lithium, and fertilizer minerals. The company holds 100% interest in the Tabasquena silver mine and the Venaditas project located in Zacatecas, Mexico.
Advance Gold Fundamentals Summary
|AAX fundamental statistics|
Is AAX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AAX income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0099|
|Net Profit Margin||0.00%|
How did AAX perform over the long term?See historical performance and comparison
Is Advance Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AAX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AAX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AAX is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: AAX 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 AAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AAX is good value based on its PB Ratio (1.4x) compared to the CA Metals and Mining industry average (2.4x).
How is Advance Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Advance Gold 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.
How has Advance Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAX is currently unprofitable.
Growing Profit Margin: AAX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AAX is unprofitable, and losses have increased over the past 5 years at a rate of 37.7% per year.
Accelerating Growth: Unable to compare AAX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AAX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (126.9%).
Return on Equity
High ROE: AAX has a negative Return on Equity (-23.04%), as it is currently unprofitable.
How is Advance Gold's financial position?
Financial Position Analysis
Short Term Liabilities: AAX's short term assets (CA$101.4K) do not cover its short term liabilities (CA$314.7K).
Long Term Liabilities: AAX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AAX's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: AAX's debt to equity ratio has reduced from 32.1% to 3.8% over the past 5 years.
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: AAX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AAX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.7% each year
What is Advance Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AAX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AAX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AAX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AAX'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 AAX'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 board tenure
Mr. Allan Barry Laboucan has been the Chief Executive Officer and President at Advance Gold Corp since November 22, 2016 and has been its Director since January 6, 2017. He served as the Chief Executive Of...
Experienced Board: AAX's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AAX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 37.4%.
Advance Gold Corp.'s employee growth, exchange listings and data sources
- Name: Advance Gold Corp.
- Ticker: AAX
- Exchange: TSXV
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Market Cap: CA$4.213m
- Shares outstanding: 70.22m
- Website: https://www.advancegold.ca
- Advance Gold Corp.
- Box 25056
- RPO Brocklehurst
- British Columbia
- V2B 8R6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 00:24|
|End of Day Share Price||2021/11/29 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.