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Aben Resources

TSXV:ABN
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABN
TSXV
CA$22M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Aben Resources Ltd., a junior exploration company, acquires, explores, and evaluates mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. The last earnings update was 18 days ago. More info.


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  • Aben Resources has significant price volatility in the past 3 months.
ABN Share Price and Events
7 Day Returns
5.4%
TSXV:ABN
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
39.3%
TSXV:ABN
-7%
CA Metals and Mining
1.2%
CA Market
ABN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aben Resources (ABN) 5.4% 5.4% 56% 39.3% 143.8% -61.8%
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • ABN outperformed the Metals and Mining industry which returned -7% over the past year.
  • ABN outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
ABN
Industry
5yr Volatility vs Market

ABN Value

 Is Aben Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Aben Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.195.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Aben Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aben Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ABN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.03
TSXV:ABN Share Price ** TSXV (2019-03-19) in CAD CA$0.2
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Aben Resources.

TSXV:ABN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ABN Share Price ÷ EPS (both in CAD)

= 0.2 ÷ -0.03

-6.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aben Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Aben Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Aben Resources's expected growth come at a high price?
Raw Data
TSXV:ABN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.9x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Aben Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aben Resources's assets?
Raw Data
TSXV:ABN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.14
TSXV:ABN Share Price * TSXV (2019-03-19) in CAD CA$0.2
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:ABN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ABN Share Price ÷ Book Value per Share (both in CAD)

= 0.2 ÷ 0.14

1.42x

* Primary Listing of Aben Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aben Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Aben Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Aben Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ABN Future Performance

 How is Aben Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Aben Resources 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aben Resources expected to grow at an attractive rate?
  • Unable to compare Aben Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aben Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Aben Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ABN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:ABN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ABN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -3 -2
2018-09-30 -2 -2
2018-06-30 -1 -2
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aben Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Aben Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:ABN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Aben Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ABN Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.02
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 -0.04
2016-06-30 -0.09
2016-03-31 -0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Aben Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Aben Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Aben Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Aben Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Aben Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Aben Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ABN Past Performance

  How has Aben Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Aben Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Aben Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Aben Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Aben Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Aben Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Aben Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ABN Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -2.33 1.35
2018-09-30 -2.24 1.42
2018-06-30 -1.95 1.59
2018-03-31 -1.41 1.16
2017-12-31 -1.12 1.08
2017-09-30 -0.92 0.91
2017-06-30 -0.62 0.61
2017-03-31 -0.60 0.62
2016-12-31 -0.44 0.43
2016-09-30 -0.40 0.37
2016-06-30 -0.45 0.34
2016-03-31 -0.39 0.27
2015-12-31 -0.44 0.29
2015-09-30 -0.47 0.32
2015-06-30 -0.42 0.28
2015-03-31 -0.53 0.42
2014-12-31 -0.27 0.43
2014-09-30 -0.29 0.46
2014-06-30 -4.37 0.52
2014-03-31 -4.27 0.39
2013-12-31 -5.51 0.37
2013-09-30 -5.51 0.35
2013-06-30 -1.55 0.40
2013-03-31 -1.63 0.46
2012-12-31 -0.83 0.56
2012-09-30 -0.79 0.62
2012-06-30 -0.89 0.66
2012-03-31 -1.88 1.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Aben Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Aben Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Aben Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Aben Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Aben Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ABN Health

 How is Aben Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Aben Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aben Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Aben Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Aben Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Aben Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Aben Resources Company Filings, last reported 2 months ago.

TSXV:ABN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 15.28 0.00 5.60
2018-09-30 15.54 0.00 6.97
2018-06-30 10.01 0.00 2.87
2018-03-31 7.75 0.00 1.39
2017-12-31 8.05 0.00 1.66
2017-09-30 7.41 0.00 1.25
2017-06-30 6.89 0.00 1.62
2017-03-31 5.33 0.00 0.47
2016-12-31 5.34 0.00 0.58
2016-09-30 4.77 0.00 0.11
2016-06-30 4.20 0.00 0.28
2016-03-31 3.87 0.00 0.04
2015-12-31 3.94 0.00 0.07
2015-09-30 3.83 0.00 0.00
2015-06-30 4.00 0.00 0.00
2015-03-31 4.09 0.00 0.11
2014-12-31 4.21 0.00 0.22
2014-09-30 4.30 0.00 0.32
2014-06-30 4.32 0.00 0.42
2014-03-31 4.38 0.00 0.53
2013-12-31 3.49 0.00 0.01
2013-09-30 3.62 0.00 0.07
2013-06-30 7.79 0.00 0.15
2013-03-31 7.89 0.00 0.26
2012-12-31 8.99 0.00 0.40
2012-09-30 9.11 0.00 1.18
2012-06-30 8.71 0.00 1.38
2012-03-31 8.89 0.00 2.13
  • Aben Resources has no debt.
  • Aben Resources has not taken on any debt in 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.

  • Aben Resources has less than a year of cash runway based on current free cash flow.
  • Aben Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 88.6% each year.
X
Financial health checks
We assess Aben Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Aben Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ABN Dividends

 What is Aben Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Aben Resources dividends.
If you bought CA$2,000 of Aben Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Aben Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Aben Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:ABN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Aben Resources has not reported any payouts.
  • Unable to verify if Aben Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Aben Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Aben Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Aben Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Aben Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aben Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ABN Management

 What is the CEO of Aben Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Pettit
COMPENSATION CA$88,500
AGE 63
TENURE AS CEO 16.3 years
CEO Bio

Mr. James G. Pettit, also known as Jim, has been the Chief Executive Officer of Cuba Ventures Corp. since 2004 and serves as its Chairman and served as its President since March 5, 2004. Mr. Pettit has been the President of Aben Resources Ltd. since November 13, 2002 and its Chief Executive Officer since November 2002. He serves as Secretary at Aben Resources Ltd. He serves as an Officer of Horizon Resources Ltd. and Wind RiverResources Ltd. He serves as Chief Financial Officer of Skyharbour Resources Ltd. and serves as its Secretary. He has been a Secretary of International Samuel Exploration Corp. since March 2001 and ITL Capital Corporation since March 1999. Mr. Pettit serves as Chief Financial Officer of Cypress Development Corp and served as its Chief Financial Officer. He serves as Corporate Secretary at Cypress Development Corp. He served as Acting Chief Executive Officer of Bayfield Ventures Corp. He served as Executive of Thelon Capital Ltd. He served as the Chief Financial Officer at Bayfield Ventures Corp. He served as the President of Aben Resources Ltd. from May 17, 2000 to September 12, 2001 and also as its Secretary from September 12, 2001 to January 24, 2002. He has 15 years of experience within the industry specializing in finance, corporate governance, management and compliance. He specializes in the early stage development of private, as well as public companies. He has been the Chairman of the Board at Skyharbour Resources Ltd., since June 2013. Mr. Pettit also serves as the Chairman of Bayfield Ventures Corp. He has been an Director of Cypress Development Corp. since June 12, 2000. He has been a Director of Surge Copper Corp. (formerly, Gold Reach Resources Ltd.) since December 2003, Aben Resources Ltd. since January 24, 2002, Horizon Industries Ltd. since March 2000, Skyharbour Resources Ltd., since June 15, 1999, Bayfield Ventures Corp. since January 24, 2002, International Samuel Exploration Corp. since March 2001 and MPH Ventures Corp., since January 24, 2002. He serves as a Director of Horizon Resources Ltd. He served as Director of Tosca Mining Corp. since May 12, 2006. Mr. Pettit served as a Director at West Hawk Development Corp. since May 17, 2000; Teslin River Resources Corp. from February 21, 2000 to September 7, 2001 and Great Atlantic Resources Corp. from January 20, 2003 to August 10, 2006.

CEO Compensation
  • Jim's compensation has increased whilst company is loss making.
  • Jim's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Aben Resources management team in years:

2.6
Average Tenure
63
Average Age
  • The tenure for the Aben Resources management team is about average.
Management Team

Jim Pettit

TITLE
President
COMPENSATION
CA$89K
AGE
63
TENURE
16.3 yrs

Don Huston

TITLE
Acting CFO & Director
COMPENSATION
CA$6K
AGE
66

Don Myers

TITLE
Director of Corporate Communications & Director
COMPENSATION
CA$15K
AGE
57
TENURE
1.8 yrs

Cornell McDowell

TITLE
Vice President of Exploration
TENURE
2.6 yrs
Board of Directors Tenure

Average tenure and age of the Aben Resources board of directors in years:

8
Average Tenure
59
Average Age
  • The tenure for the Aben Resources board of directors is about average.
Board of Directors

Ron Netolitzky

TITLE
Chairman of the Board
COMPENSATION
CA$11K
AGE
76
TENURE
8 yrs

Jim Pettit

TITLE
President
COMPENSATION
CA$89K
AGE
63
TENURE
19.8 yrs

Don Huston

TITLE
Acting CFO & Director
COMPENSATION
CA$6K
AGE
66
TENURE
20.5 yrs

Don Myers

TITLE
Director of Corporate Communications & Director
COMPENSATION
CA$15K
AGE
57
TENURE
1.8 yrs

Amanda Chow

TITLE
Director
COMPENSATION
CA$8K
AGE
46
TENURE
13.4 yrs

Tim Termuende

TITLE
Director
COMPENSATION
CA$13K
AGE
55
TENURE
8 yrs

Henry Awmack

TITLE
Member of Technical Advisory Board
AGE
59
TENURE
2.7 yrs

Mike Roberts

TITLE
Member of Technical Advisory Board
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • Information is not available.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
01. Mar 19 Sell James Pettit Individual 28. Feb 19 28. Feb 19 -28,133 CA$0.17 CA$-4,783
01. Mar 19 Buy James Pettit Individual 28. Feb 19 28. Feb 19 28,133 CA$0.17 CA$4,783
05. Sep 18 Buy Eric Sprott Individual 31. Aug 18 31. Aug 18 100,000 CA$0.38 CA$38,000
04. Sep 18 Buy Eric Sprott Individual 30. Aug 18 30. Aug 18 43,000 CA$0.39 CA$16,770
29. Aug 18 Buy Eric Sprott Individual 24. Aug 18 24. Aug 18 57,000 CA$0.39 CA$22,230
24. Aug 18 Buy Eric Sprott Individual 21. Aug 18 21. Aug 18 6,666,667 CA$0.30 CA$2,000,001
23. Aug 18 Buy Ronald Netolitzky Individual 21. Aug 18 21. Aug 18 50,000 CA$0.30 CA$15,000
22. Aug 18 Buy Toklat Resources Inc. Company 21. Aug 18 21. Aug 18 50,000 CA$0.30 CA$15,000
22. Aug 18 Buy Donald Huston Individual 21. Aug 18 21. Aug 18 16,667 CA$0.30 CA$5,000
22. Aug 18 Buy James Pettit Individual 21. Aug 18 21. Aug 18 50,000 CA$0.30 CA$15,000
02. Jul 18 Buy Toklat Resources Inc. Company 28. Jun 18 28. Jun 18 100,000 CA$0.10 CA$10,000
02. Jul 18 Sell Toklat Resources Inc. Company 28. Jun 18 29. Jun 18 -100,000 CA$0.22 CA$-21,359
25. Apr 18 Buy Toklat Resources Inc. Company 23. Apr 18 23. Apr 18 80,000 CA$0.13 CA$10,000
24. Apr 18 Buy Ronald Netolitzky Individual 23. Apr 18 23. Apr 18 80,000 CA$0.13 CA$10,000
18. Apr 18 Sell Toklat Resources Inc. Company 13. Apr 18 13. Apr 18 -40,000 CA$0.15 CA$-6,000
14. Apr 18 Sell Toklat Resources Inc. Company 09. Apr 18 09. Apr 18 -40,000 CA$0.15 CA$-5,800
05. Apr 18 Buy James Pettit Individual 04. Apr 18 04. Apr 18 25,000 CA$0.12 CA$3,000
04. Apr 18 Buy Toklat Resources Inc. Company 04. Apr 18 04. Apr 18 20,000 CA$0.12 CA$2,400
29. Mar 18 Buy Timothy Termuende Individual 26. Mar 18 28. Mar 18 38,000 CA$0.13 CA$4,972
X
Management checks
We assess Aben Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Aben Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ABN News

Simply Wall St News

Does The Aben Resources Ltd. (CVE:ABN) Share Price Fall With The Market?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Did Aben Resources Ltd. (CVE:ABN) Insiders Buy Up More Shares?

So we'll take a look at whether insiders have been buying or selling shares in Aben Resources Ltd. … In the last twelve months, the biggest single purchase by an insider was when Eric Sprott bought CA$2.0m worth of shares at a price of CA$0.30 per share. … In the last twelve months there was more buying than selling by Aben Resources insiders

Simply Wall St -

Who Owns Aben Resources Ltd (CVE:ABN)?

The big shareholder groups in Aben Resources Ltd (CVE:ABN) have power over the company. … With a market capitalization of CA$45.4m, Aben Resources is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Aben Resources

Simply Wall St -

ABN Company Info

Description

Aben Resources Ltd., a junior exploration company, acquires, explores, and evaluates mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. The company primarily explores for gold deposits. Its principal project is the Forrest Kerr Gold project that covers an area of 23,000 hectares located in northwestern British Columbia. The company was formerly known as Consolidated Abaddon Resources Inc. and changed its name to Aben Resources Ltd. in January 2011. Aben Resources Ltd. was incorporated in 1960 and is headquartered in Vancouver, Canada.

Details
Name: Aben Resources Ltd.
ABN
Exchange: TSXV
Founded: 1960
CA$21,734,242
111,457,656
Website: http://www.abenresources.com
Address: Aben Resources Ltd.
777 Dunsmuir Street,
Suite 1610,
Vancouver,
British Columbia, V7Y 1K4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ABN Common Shares TSX Venture Exchange CA CAD 02. Sep 1988
OTCPK ABNA.F Common Shares Pink Sheets LLC US USD 02. Sep 1988
DB E2L2 Common Shares Deutsche Boerse AG DE EUR 02. Sep 1988
Number of employees
Current staff
Staff numbers
0
Aben Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:34
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.