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AsiaBaseMetals

TSXV:ABZ
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABZ
TSXV
CA$7M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
  • AsiaBaseMetals has significant price volatility in the past 3 months.
ABZ Share Price and Events
7 Day Returns
-14.3%
TSXV:ABZ
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
8%
TSXV:ABZ
-7%
CA Metals and Mining
1.2%
CA Market
ABZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AsiaBaseMetals (ABZ) -14.3% -25% -10% 8% 285.7% -43.8%
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
  • ABZ outperformed the Metals and Mining industry which returned -7% over the past year.
  • ABZ outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
ABZ
Industry
5yr Volatility vs Market

Value

 Is AsiaBaseMetals 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 AsiaBaseMetals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.18.
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 AsiaBaseMetals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AsiaBaseMetals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ABZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.02
TSXV:ABZ Share Price ** TSXV (2019-03-19) in CAD CA$0.18
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 AsiaBaseMetals.

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

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

= 0.18 ÷ -0.02

-11.78x

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

  • AsiaBaseMetals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • AsiaBaseMetals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does AsiaBaseMetals's expected growth come at a high price?
Raw Data
TSXV:ABZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.78x
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 AsiaBaseMetals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AsiaBaseMetals's assets?
Raw Data
TSXV:ABZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.00
TSXV:ABZ Share Price * TSXV (2019-03-19) in CAD CA$0.18
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:ABZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.18 ÷ 0.00

42.72x

* Primary Listing of AsiaBaseMetals.

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

  • AsiaBaseMetals is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess AsiaBaseMetals'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. AsiaBaseMetals 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.

Future Performance

 How is AsiaBaseMetals 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 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 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 AsiaBaseMetals expected to grow at an attractive rate?
  • Unable to compare AsiaBaseMetals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare AsiaBaseMetals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare AsiaBaseMetals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ABZ 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:ABZ 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:ABZ Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 -1
2017-09-30 0 -1
2017-06-30 0 -1
2017-03-31 0 -1
2016-12-31 0 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 AsiaBaseMetals is high growth as no earnings estimate data is available.
  • Unable to determine if AsiaBaseMetals 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:ABZ 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 AsiaBaseMetals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ABZ Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.03
2016-03-31 -0.02

*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 AsiaBaseMetals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. AsiaBaseMetals'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. AsiaBaseMetals'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 AsiaBaseMetals'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.
AsiaBaseMetals 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.

Past Performance

  How has AsiaBaseMetals 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 AsiaBaseMetals'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.
  • AsiaBaseMetals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare AsiaBaseMetals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare AsiaBaseMetals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
AsiaBaseMetals'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 AsiaBaseMetals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ABZ 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 -0.56 0.55
2018-09-30 -0.44 0.42
2018-06-30 -0.31 0.35
2018-03-31 -0.42 0.40
2017-12-31 -0.63 0.57
2017-09-30 -0.58 0.55
2017-06-30 -0.56 0.47
2017-03-31 -0.59 0.55
2016-12-31 -0.39 0.38
2016-09-30 -0.45 0.43
2016-06-30 -0.49 0.46
2016-03-31 -0.36 0.33
2015-12-31 -0.31 0.28
2015-09-30 -0.22 0.19
2015-06-30 -0.14 0.12
2015-03-31 -0.09 0.07
2014-12-31 -0.18 0.11
2014-09-30 -0.25 0.17
2014-06-30 -0.26 0.18
2014-03-31 -0.28 0.21
2013-12-31 -0.22 0.21
2013-09-30 -0.21 0.21
2013-06-30 -0.26 0.23
2013-03-31 -0.25 0.25
2012-12-31 -0.40 0.38
2012-09-30 -0.49 0.47
2012-06-30 -0.52 0.54
2012-03-31 -0.56 0.54

*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 AsiaBaseMetals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if AsiaBaseMetals 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 AsiaBaseMetals 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 AsiaBaseMetals'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.
AsiaBaseMetals 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.

Health

 How is AsiaBaseMetals'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 AsiaBaseMetals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AsiaBaseMetals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AsiaBaseMetals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AsiaBaseMetals'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.
  • Low level of unsold assets.
  • AsiaBaseMetals 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 AsiaBaseMetals Company Filings, last reported 2 months ago.

TSXV:ABZ Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.16 0.00 0.12
2018-09-30 0.26 0.00 0.23
2018-06-30 0.28 0.00 0.26
2018-03-31 0.28 0.00 0.27
2017-12-31 0.35 0.00 0.34
2017-09-30 0.42 0.00 0.42
2017-06-30 0.41 0.00 0.43
2017-03-31 0.55 0.00 0.52
2016-12-31 0.62 0.00 0.59
2016-09-30 -0.08 0.01 0.00
2016-06-30 -0.03 0.00 0.00
2016-03-31 -0.23 0.20 0.02
2015-12-31 -0.15 0.05 0.01
2015-09-30 -0.03 0.02 0.06
2015-06-30 0.02 0.00 0.03
2015-03-31 0.09 0.00 0.06
2014-12-31 0.11 0.00 0.11
2014-09-30 0.13 0.00 0.12
2014-06-30 0.15 0.00 0.16
2014-03-31 -0.03 0.00 0.01
2013-12-31 0.09 0.00 0.07
2013-09-30 0.18 0.00 0.15
2013-06-30 0.21 0.00 0.20
2013-03-31 0.25 0.00 0.24
2012-12-31 0.31 0.00 0.31
2012-09-30 0.39 0.00 0.37
2012-06-30 0.43 0.00 0.25
2012-03-31 0.46 0.00 0.31
  • AsiaBaseMetals has no debt.
  • AsiaBaseMetals had no debt 5 years ago.
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.

  • AsiaBaseMetals has less than a year of cash runway based on current free cash flow.
  • AsiaBaseMetals has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.3% each year.
X
Financial health checks
We assess AsiaBaseMetals'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. AsiaBaseMetals 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.

Dividends

 What is AsiaBaseMetals'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 AsiaBaseMetals dividends.
If you bought CA$2,000 of AsiaBaseMetals 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 AsiaBaseMetals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate AsiaBaseMetals'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:ABZ 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 AsiaBaseMetals has not reported any payouts.
  • Unable to verify if AsiaBaseMetals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of AsiaBaseMetals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as AsiaBaseMetals 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 AsiaBaseMetals'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 AsiaBaseMetals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AsiaBaseMetals 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.

Management

 What is the CEO of AsiaBaseMetals'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
Raj Chowdhry
COMPENSATION CA$150,000
AGE 65
TENURE AS CEO 3.9 years
CEO Bio

Mr. Raj I. 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 since April 16, 2015. He has been an Executive Director of Mantra Mining Inc. since July 30, 1998. Mr. Chowdhry has been the Chief Executive Officer and President of BNP Resources Inc April 20, 2015. He has been President at Mantra Mining Inc. since June 30, 1998 and Chief Executive Officer since December 17, 1998. He serves as the Chief Executive Officer and President of Camphor Ventures Inc. He served as the Chief Executive Officer of AsiaBaseMetals Inc. from August 11, 2009 to March 10, 2014 and served as its President since August 11, 2009 until March 10, 2014. He served as the Chief Executive Officer of Mantra Capital Inc. from April 13, 2011 to March 2014 and also as its President and Corporate Secretary since April 13, 2011. He served as the Chief Financial Officer of Mantra Capital Inc. from April 13, 2011 to December 2013. He served as an Executive Chairman and Chief Executive Officer of Tintina Resources Inc. until April 22, 2013. He is a Founder and serves as an Officer including President and Chairman of several public companies trading on various global stock exchanges including the TSX Venture Exchange. Mr. Chowdhry has been involved in the venture capital business since 1981 and has been involved in raising funds for various venture capital and mining projects around the world. He served as Co-Chairman of the Board, Chief Executive Officer, President and Chief Financial Officer of Quantitative Alpha Trading Inc. until September 23, 1999. He served as the Chief Executive Officer and President of Hana Mining Ltd. He was responsible for Camphor Ventures Inc., Mantra Mining Inc. and Avantec Technolgies Inc. He was also responsible for investments in International Thunderbird Gaming Corporation, America Mineral Fields, Mountain Province Diamonds Inc., and AI Axion Internet Inc. He served as the President and Chief Executive Officer at Afrasia Mineral Fields Inc. Mr. Chowdhry served as a Principal at Varshney Chowdhry Group from 1995 to December 31, 1999. He has been Chairman of the Board at AsiaBaseMetals Inc. since December 8, 2015. He served as Co-Chairman of the Board of SolidusGold Inc. since January 2015 until December 20, 2016. He served as Co-Chairman of The Board of AsiaBaseMetals Inc since February 2015 until December 8, 2015. He served as Chairman of the Board of SolidusGold Inc. since August 12, 2014 until January 2015. He served as a Vice Chairman of Tintina Resources Inc since March 2011 and has been its Director since July 30, 1998. He has been a Director of SolidusGold Inc. since April 13, 2011. He has been a Director of Mantra Capital Inc. since April 13, 2011. Mr. Chowdhry has been a Director of AsiaBaseMetals Inc. since August 11, 2009. He has been a Director of Avantec Technologies Inc. since July 26, 2000 and Camphor Ventures Inc. since November 5, 1992. He serves as a Director of Global Sortweb.com Inc. He serves as a Director of several public companies trading on various global stock exchanges including the TSX Venture Exchange. He served as a Director and/or Executive Officer of various publicly traded companies. He served as a Director of Hana Mining Ltd. Mr. Chowdhry served as a Director of Quantitative Alpha Trading Inc. until September 23, 1999, Afrasia Mineral Fields Inc. since January 23, 1995, Weststar Resources Corp. since March 5, 2007, Pure Energy Minerals Limited since July 26, 2000 and Mountain Province Diamonds Inc. He is a Charter Member of the Vancouver chapter of The IndUS Entrepreneurs (TiE). He is a Chartered Accountant and has been self-employed businessman since January 1, 2000. He is a Chartered Accountant from the Institute of Chartered Accountant of British Columbia, Canada. He has over 25 years of experience in the capital markets and is currently a director of various public companies. Mr. Chowdhry received a Bachelor of Commerce degree from the University of British Columbia in Canada.

CEO Compensation
  • Raj's compensation has been consistent with company performance over the past year.
  • Raj's remuneration is about average for companies of similar size in Canada.
Management Team

Raj Chowdhry

TITLE
Chairman
COMPENSATION
CA$150K
AGE
65
TENURE
3.9 yrs

Jerry Minni

TITLE
Consultant
COMPENSATION
CA$17K
AGE
58

Jerry Booth

TITLE
Consultant
TENURE
4.8 yrs

Afzaal Pirzada

TITLE
Consultant
AGE
63
Board of Directors Tenure

Average tenure and age of the AsiaBaseMetals board of directors in years:

2.5
Average Tenure
62
Average Age
  • The average tenure for the AsiaBaseMetals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Raj Chowdhry

TITLE
Chairman
COMPENSATION
CA$150K
AGE
65
TENURE
4.1 yrs

Terry Penstock

TITLE
Director
COMPENSATION
CA$31K
TENURE
3.3 yrs

Joe Piekenbrock

TITLE
Member of Advisory Board
AGE
63
TENURE
2.9 yrs

Yannis Tsitos

TITLE
Director
COMPENSATION
CA$45K
AGE
54
TENURE
2.9 yrs

Henry Park

TITLE
Director
COMPENSATION
CA$45K
TENURE
2.2 yrs

Steve Leahy

TITLE
Member of Advisory Board
AGE
62
TENURE
2.8 yrs

Andy Bowering

TITLE
Member of Advisory Board
AGE
57
TENURE
2.2 yrs

Rafael Ovallos

TITLE
Member of Advisory Board
TENURE
2.2 yrs

Bob Jacko

TITLE
Member of Advisory Board
TENURE
2.2 yrs

Sorin Posescu

TITLE
Member of Advisory Board
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by AsiaBaseMetals insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Mar 19 Buy Raj Chowdhry Individual 11. Mar 19 11. Mar 19 3,500 CA$0.22 CA$742
08. Mar 19 Buy Raj Chowdhry Individual 08. Mar 19 08. Mar 19 7,000 CA$0.22 CA$1,225
07. Mar 19 Buy Raj Chowdhry Individual 06. Mar 19 07. Mar 19 1,000 CA$0.23 CA$227
05. Mar 19 Buy Raj Chowdhry Individual 05. Mar 19 05. Mar 19 3,000 CA$0.22 CA$660
04. Mar 19 Buy Raj Chowdhry Individual 04. Mar 19 04. Mar 19 500 CA$0.22 CA$110
26. Feb 19 Buy Raj Chowdhry Individual 26. Feb 19 26. Feb 19 9,500 CA$0.23 CA$1,900
14. Feb 19 Buy Raj Chowdhry Individual 14. Feb 19 14. Feb 19 2,000 CA$0.24 CA$457
06. Feb 19 Buy Raj Chowdhry Individual 06. Feb 19 06. Feb 19 1,000 CA$0.24 CA$235
05. Feb 19 Buy Raj Chowdhry Individual 05. Feb 19 05. Feb 19 9,500 CA$0.23 CA$2,145
30. Jan 19 Buy Raj Chowdhry Individual 29. Jan 19 30. Jan 19 1,500 CA$0.24 CA$349
29. Jan 19 Buy Raj Chowdhry Individual 11. Jan 19 11. Jan 19 468,750 CA$0.16 CA$75,000
25. Jan 19 Buy Raj Chowdhry Individual 25. Jan 19 25. Jan 19 5,000 CA$0.25 CA$1,205
25. Dec 18 Buy Raj Chowdhry Individual 24. Dec 18 24. Dec 18 20,000 CA$0.21 CA$4,100
19. Dec 18 Buy Raj Chowdhry Individual 19. Dec 18 19. Dec 18 5,000 CA$0.21 CA$1,050
14. Dec 18 Buy Raj Chowdhry Individual 14. Dec 18 14. Dec 18 10,000 CA$0.23 CA$2,250
10. Dec 18 Buy Raj Chowdhry Individual 10. Dec 18 10. Dec 18 500 CA$0.27 CA$133
27. Nov 18 Buy Raj Chowdhry Individual 27. Nov 18 27. Nov 18 1,000 CA$0.29 CA$280
24. Oct 18 Buy Raj Chowdhry Individual 24. Oct 18 24. Oct 18 500 CA$0.33 CA$165
19. Oct 18 Buy Raj Chowdhry Individual 19. Oct 18 19. Oct 18 8,500 CA$0.36 CA$2,980
23. Oct 18 Buy Raj Chowdhry Individual 23. Oct 18 23. Oct 18 4,500 CA$0.40 CA$1,675
22. Oct 18 Buy Raj Chowdhry Individual 22. Oct 18 22. Oct 18 5,000 CA$0.34 CA$1,700
10. Oct 18 Buy Raj Chowdhry Individual 10. Oct 18 10. Oct 18 2,000 CA$0.36 CA$720
09. Oct 18 Buy Raj Chowdhry Individual 09. Oct 18 09. Oct 18 500 CA$0.36 CA$180
11. Sep 18 Buy Raj Chowdhry Individual 11. Sep 18 11. Sep 18 500 CA$0.36 CA$180
07. Sep 18 Buy Raj Chowdhry Individual 06. Sep 18 06. Sep 18 2,500 CA$0.37 CA$857
29. Aug 18 Buy Henry Park Individual 24. Aug 18 24. Aug 18 87,000 CA$0.29 CA$24,795
27. Aug 18 Buy Jason Sutherland Individual 24. Aug 18 24. Aug 18 20,000 CA$0.29 CA$5,700
27. Aug 18 Buy Raj Chowdhry Individual 27. Aug 18 27. Aug 18 137,500 CA$0.29 CA$39,187
17. Aug 18 Buy Raj Chowdhry Individual 17. Aug 18 17. Aug 18 16,000 CA$0.37 CA$5,185
16. Aug 18 Buy Raj Chowdhry Individual 16. Aug 18 16. Aug 18 500 CA$0.38 CA$190
15. Aug 18 Buy Raj Chowdhry Individual 14. Aug 18 14. Aug 18 500 CA$0.29 CA$142
09. Aug 18 Buy Raj Chowdhry Individual 08. Aug 18 09. Aug 18 7,000 CA$0.39 CA$2,605
07. Aug 18 Buy Raj Chowdhry Individual 07. Aug 18 07. Aug 18 500 CA$0.29 CA$142
03. Aug 18 Buy Raj Chowdhry Individual 03. Aug 18 03. Aug 18 8,500 CA$0.37 CA$3,005
10. Jul 18 Buy Raj Chowdhry Individual 10. Jul 18 10. Jul 18 1,500 CA$0.22 CA$330
28. May 18 Buy Henry Park Individual 18. May 18 18. May 18 120,000 CA$0.17 CA$20,000
22. May 18 Buy Jason Sutherland Individual 16. May 18 16. May 18 60,000 CA$0.17 CA$10,000
19. Apr 18 Buy Raj Chowdhry Individual 19. Apr 18 19. Apr 18 750 CA$0.19 CA$140
12. Apr 18 Buy Raj Chowdhry Individual 11. Apr 18 11. Apr 18 1,500 CA$0.18 CA$270
11. Apr 18 Buy Raj Chowdhry Individual 10. Apr 18 10. Apr 18 18,000 CA$0.18 CA$3,000
10. Apr 18 Buy Raj Chowdhry Individual 09. Apr 18 09. Apr 18 7,500 CA$0.18 CA$1,307
07. Apr 18 Buy Raj Chowdhry Individual 06. Apr 18 06. Apr 18 12,000 CA$0.20 CA$2,035
28. Mar 18 Buy Raj Chowdhry Individual 28. Mar 18 28. Mar 18 750 CA$0.18 CA$135
X
Management checks
We assess AsiaBaseMetals'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. AsiaBaseMetals 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.

News

Simply Wall St News

Can We See Significant Insider Ownership On The AsiaBaseMetals Inc (CVE:ABZ) Share Register?

Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

Who Are The Largest Shareholders In AsiaBaseMetals Inc (CVE:ABZ)?

In this analysis, my focus will be on developing a perspective on AsiaBaseMetals Inc’s (CVE:ABZ) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Company Info

Description

AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The company explores for zinc, iron, cobalt, and lithium deposits. It owns 100% interests in the Gnome zinc project covering an area of 5,868 hectares located in British Columbia; and Jean iron ore project comprising 15 mineral claims covering an area of 1,584 hectares located in the Thunder Bay Mining district of Ontario. The company was incorporated in 2009 and is based in Vancouver, Canada.

Details
Name: AsiaBaseMetals Inc.
ABZ
Exchange: TSXV
Founded: 2009
CA$6,872,630
38,181,281
Website: http://www.asiabasemetals.com
Address: AsiaBaseMetals Inc.
6153 Glendalough Place,
Vancouver,
British Columbia, V6N 1S5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ABZ Common Shares TSX Venture Exchange CA CAD 04. Nov 2009
Number of employees
Current staff
Staff numbers
0
AsiaBaseMetals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:16
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/02/21
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.