TSXV:ADD

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Arctic Star Exploration

Market Cap

CA$15.9m

Last Updated

2021/06/18 05:44 UTC

Data Sources

Company Financials

Executive Summary

Arctic Star Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada and Finland. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Arctic Star Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADD is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 29% a week.

Volatility Over Time: ADD's weekly volatility (29%) has been stable over the past year, but is still higher than 75% of Canadian stocks.


Market Performance


7 Day Return

-15.6%

ADD

-7.3%

CA Metals and Mining

-0.9%

CA Market


1 Year Return

440.0%

ADD

19.6%

CA Metals and Mining

34.7%

CA Market

Return vs Industry: ADD exceeded the Canadian Metals and Mining industry which returned 23% over the past year.

Return vs Market: ADD exceeded the Canadian Market which returned 35.9% over the past year.


Shareholder returns

ADDIndustryMarket
7 Day-15.6%-7.3%-0.9%
30 Day-40.0%-7.9%1.5%
90 Day68.8%3.3%4.8%
1 Year440.0%440.0%20.9%19.6%39.1%34.7%
3 Year-80.0%-80.0%50.6%47.0%30.3%17.9%
5 Year-55.0%-55.0%43.4%38.7%58.9%34.9%

Long-Term Price Volatility Vs. Market

How volatile is Arctic Star Exploration's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Arctic Star Exploration undervalued compared to its fair value and its price relative to the market?

2.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ADD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ADD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ADD is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.

PE vs Market: ADD 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 ADD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ADD is good value based on its PB Ratio (2.6x) compared to the CA Metals and Mining industry average (3x).


Future Growth

How is Arctic Star Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.9%

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 Arctic Star Exploration 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.


Past Performance

How has Arctic Star Exploration performed over the past 5 years?

-2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADD is currently unprofitable.

Growing Profit Margin: ADD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADD is unprofitable, and losses have increased over the past 5 years at a rate of 2.7% per year.

Accelerating Growth: Unable to compare ADD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (214.7%).


Return on Equity

High ROE: ADD has a negative Return on Equity (-26.15%), as it is currently unprofitable.


Financial Health

How is Arctic Star Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: ADD's short term assets (CA$1.5M) exceed its short term liabilities (CA$999.4K).

Long Term Liabilities: ADD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ADD's debt to equity ratio (12%) is considered satisfactory.

Reducing Debt: ADD's debt to equity ratio has reduced from 17.1% to 12% over the past 5 years.


Balance Sheet


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: ADD has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ADD is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


Dividend

What is Arctic Star Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ADD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ADD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ADD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADD'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 ADD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.5yrs

Average management tenure


CEO

Pat Power (57 yo)

2.67yrs

Tenure

CA$302,200

Compensation

Mr. Patrick Edward Power, also known as Pat, is Founder of Western Potash Corp. Mr. Power has been Chief Executive Officer, President and Director of Lake Winn Resources Corp. (Formerly Known as Equitorial...


CEO Compensation Analysis

Compensation vs Market: Pat's total compensation ($USD248.23K) is above average for companies of similar size in the Canadian market ($USD160.17K).

Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ADD's management team is seasoned and experienced (14.5 years average tenure).


Board Members

Experienced Board: ADD's board of directors are considered experienced (9.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ADD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 163.1%.


Top Shareholders

Company Information

Arctic Star Exploration Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arctic Star Exploration Corp.
  • Ticker: ADD
  • Exchange: TSXV
  • Founded: 2001
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$15.888m
  • Shares outstanding: 117.69m
  • Website: https://www.arcticstar.ca

Location

  • Arctic Star Exploration Corp.
  • 1111 Melville Street
  • Suite 1100
  • Vancouver
  • British Columbia
  • V6E 3V6
  • Canada

Listings


Biography

Arctic Star Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada and Finland. The company primarily explores for diamond and niobium/rare ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 05:44
End of Day Share Price2021/06/17 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.