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AB.H logo

Asbestos TSXV:AB.H Stock Report

Last Price

CA$0.81

Market Cap

CA$2.3m

7D

0%

1Y

-46.0%

Updated

21 Dec, 2024

Data

Company Financials

Asbestos Corporation Limited

TSXV:AB.H Stock Report

Market Cap: CA$2.3m

My Notes

Capture your thoughts, links and company narrative

Asbestos Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Asbestos
Historical stock prices
Current Share PriceCA$0.81
52 Week HighCA$1.50
52 Week LowCA$0.78
Beta0.29
1 Month Change0%
3 Month Change-18.18%
1 Year Change-46.00%
3 Year Change47.27%
5 Year Change80.00%
Change since IPO-95.09%

Recent News & Updates

Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

May 10
Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Sep 29
Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Recent updates

Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

May 10
Asbestos (CVE:AB.H) Is Doing The Right Things To Multiply Its Share Price

Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Sep 29
Returns On Capital At Asbestos (CVE:AB.H) Paint A Concerning Picture

Asbestos (CVE:AB.H) Is Finding It Tricky To Allocate Its Capital

Apr 22
Asbestos (CVE:AB.H) Is Finding It Tricky To Allocate Its Capital

Investors Could Be Concerned With Asbestos' (CVE:AB.H) Returns On Capital

Dec 07
Investors Could Be Concerned With Asbestos' (CVE:AB.H) Returns On Capital

Returns Are Gaining Momentum At Asbestos (CVE:AB.H)

Aug 11
Returns Are Gaining Momentum At Asbestos (CVE:AB.H)

The Return Trends At Asbestos (CVE:AB.H) Look Promising

Apr 28
The Return Trends At Asbestos (CVE:AB.H) Look Promising

There's No Escaping Asbestos Corporation Limited's (CVE:AB.H) Muted Earnings

May 16
There's No Escaping Asbestos Corporation Limited's (CVE:AB.H) Muted Earnings

Shareholder Returns

AB.HCA Metals and MiningCA Market
7D0%-4.1%-2.6%
1Y-46.0%16.6%15.2%

Return vs Industry: AB.H underperformed the Canadian Metals and Mining industry which returned 16.6% over the past year.

Return vs Market: AB.H underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is AB.H's price volatile compared to industry and market?
AB.H volatility
AB.H Average Weekly Movementn/a
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: AB.H's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine AB.H's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1925n/aGuy Berardmazarin.ca

Asbestos Corporation Limited manages various mining assets in Canada. The company is involved in the rental of mining buildings that can be used as warehouses or plants; and sale of land, as well as royalties from the exploitation of a granite quarry, restoration, and revegetation of mining sites. The company was incorporated in 1925 and is headquartered in Thetford Mines, Canada.

Asbestos Corporation Limited Fundamentals Summary

How do Asbestos's earnings and revenue compare to its market cap?
AB.H fundamental statistics
Market capCA$2.30m
Earnings (TTM)CA$698.00k
Revenue (TTM)CA$10.71m

3.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AB.H income statement (TTM)
RevenueCA$10.71m
Cost of RevenueCA$3.09m
Gross ProfitCA$7.62m
Other ExpensesCA$6.93m
EarningsCA$698.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin71.16%
Net Profit Margin6.51%
Debt/Equity Ratio-156.3%

How did AB.H perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 09:30
End of Day Share Price 2024/10/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Asbestos Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution