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Asbestos TSXV:AB.H Stock Report

Last Price

CA$0.90

Market Cap

CA$2.6m

7D

0%

1Y

-29.1%

Updated

26 Apr, 2024

Data

Company Financials

Asbestos Corporation Limited

TSXV:AB.H Stock Report

Market Cap: CA$2.6m

Asbestos Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asbestos
Historical stock prices
Current Share PriceCA$0.90
52 Week HighCA$2.98
52 Week LowCA$0.75
Beta0.13
1 Month Change0%
3 Month Changen/a
1 Year Change-29.13%
3 Year Changen/a
5 Year Change63.64%
Change since IPO-94.55%

Recent News & Updates

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

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%0.06%0.7%
1Y-29.1%-4.6%4.9%

Return vs Industry: AB.H underperformed the Canadian Metals and Mining industry which returned -4.6% over the past year.

Return vs Market: AB.H underperformed the Canadian Market which returned 4.9% 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 Movement11.3%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/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. It also engages in the revegetation of mining sites.

Asbestos Corporation Limited Fundamentals Summary

How do Asbestos's earnings and revenue compare to its market cap?
AB.H fundamental statistics
Market capCA$2.55m
Earnings (TTM)CA$2.40m
Revenue (TTM)CA$4.03m

1.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AB.H income statement (TTM)
RevenueCA$4.03m
Cost of RevenueCA$1.22m
Gross ProfitCA$2.81m
Other ExpensesCA$415.00k
EarningsCA$2.40m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.85
Gross Margin69.84%
Net Profit Margin59.54%
Debt/Equity Ratio-145.1%

How did AB.H perform over the long term?

See historical performance and comparison
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