AsiaBaseMetals Inc. focuses in the exploration and development of metals in Canada.
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has AsiaBaseMetals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABZ has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ABZ exceeded the Canadian Metals and Mining industry which returned 6.3% over the past year.
Return vs Market: ABZ exceeded the Canadian Market which returned 0.1% over the past year.
Price Volatility Vs. Market
How volatile is AsiaBaseMetals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Directors Own AsiaBaseMetals Inc. (CVE:ABZ) Shares?
3 months ago | Simply Wall StTrade Alert: The Chairman Of AsiaBaseMetals Inc. (CVE:ABZ), Raj Chowdhry, Has Just Spent CA$250k Buying Shares
4 months ago | Simply Wall StIs AsiaBaseMetals (CVE:ABZ) In A Good Position To Deliver On Growth Plans?
Is AsiaBaseMetals 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 ABZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ABZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ABZ is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ABZ 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 ABZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABZ is overvalued based on its PB Ratio (64.6x) compared to the CA Metals and Mining industry average (1.5x).
How is AsiaBaseMetals 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 AsiaBaseMetals 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.
- Examine AsiaBaseMetals'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.
- AsiaBaseMetals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has AsiaBaseMetals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABZ is currently unprofitable.
Growing Profit Margin: ABZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ABZ is unprofitable, and losses have increased over the past 5 years at a rate of -24.9% per year.
Accelerating Growth: Unable to compare ABZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: ABZ has a negative Return on Equity (-307.15%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is AsiaBaseMetals's financial position?
Financial Position Analysis
Short Term Liabilities: ABZ's short term assets (CA$279.3K) exceed its short term liabilities (CA$64.8K).
Long Term Liabilities: ABZ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ABZ is debt free.
Reducing Debt: ABZ had no debt 5 years ago.
Inventory Level: ABZ has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ABZ'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: ABZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ABZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -17.3% each year
What is AsiaBaseMetals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ABZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ABZ'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 ABZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABZ'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 ABZ'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
Raj Chowdhry (66yo)
Mr. Raj Chowdhry, CPA, CA, is the Founder of Futura Capital Ltd. and serves as its President. Mr. Chowdhry is the Founder of AsiaBaseMetals Inc., and has been its Chief Executive Officer and President sinc ...
|Independent Director||2.3yrs||CA$53.00k||no data|
|Member of Advisory Board||3.8yrs||CA$18.20k||no data|
|Member of Advisory Board||3.1yrs||no data||no data|
|Independent Director||4.2yrs||CA$65.00k||6.78% CA$1.1m|
|Independent Director||3.8yrs||CA$67.50k||no data|
|Member of Advisory Board||3.1yrs||no data||no data|
|Independent Director||3.1yrs||CA$65.50k||1.06% CA$169.8k|
|Member of Advisory Board||2.8yrs||no data||no data|
|Member of Advisory Board||1.8yrs||no data||no data|
Experienced Board: ABZ's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ABZ 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 6.8%.
AsiaBaseMetals Inc.'s company bio, employee growth, exchange listings and data sources
- Name: AsiaBaseMetals Inc.
- Ticker: ABZ
- Exchange: TSXV
- Founded: 2009
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$15.993m
- Shares outstanding: 42.09m
- Website: https://www.asiabasemetals.com
- AsiaBaseMetals Inc.
- 6153 Glendalough Place
- British Columbia
- V6N 1S5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABZ||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2009|
|AAIN.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2009|
AsiaBaseMetals Inc. focuses in the exploration and development of metals in Canada. It explores for zinc, iron, cobalt, and lithium deposits. The company owns 100% interests in the Gnome zinc project consisting of 12 mineral claims covering an area of 5,868 hectares located in British Columbia; and Jean iron ore project comprising 78 mineral claims covering an area of 1,560 hectares located in the Thunder Bay Mining district of Ontario. It also focuses on growing and selling cannabis for medical purposes. The company was incorporated in 2009 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:52|
|End of Day Share Price||2020/02/26 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.