TSXV:AEL.H

Stock Analysis Report

Amseco Exploration

Executive Summary

Amseco Exploration Ltd operates as a mineral exploration company in Canada.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AEL.H has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

AEL.H

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-20.0%

AEL.H

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: AEL.H underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: AEL.H underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

AEL.HIndustryMarket
7 Day0%-6.0%-6.2%
30 Day-20.0%-1.0%-5.0%
90 Day0%4.9%-2.8%
1 Year-20.0%-20.0%2.9%2.2%1.1%-2.0%
3 Yearn/a-2.8%-4.5%10.7%0.6%
5 Yearn/a25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Amseco Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Amseco Exploration has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of AEL.H’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Amseco Exploration regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

15.0%

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 Amseco 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.


Next Steps

Past Performance

How has Amseco Exploration performed over the past 5 years?

55.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEL.H is currently unprofitable.

Growing Profit Margin: AEL.H is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AEL.H is unprofitable, but has reduced losses over the past 5 years at a rate of 55.6% per year.

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

Earnings vs Industry: AEL.H 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: AEL.H's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Amseco Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: AEL.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AEL.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AEL.H is debt free.

Reducing Debt: AEL.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: AEL.H has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AEL.H'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: AEL.H has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AEL.H has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.1% each year.


Next Steps

Dividend

What is Amseco Exploration's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate AEL.H'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 AEL.H's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AEL.H'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 AEL.H'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?

9.3yrs

Average board tenure


CEO

Jean Desmarais 0

0

Mr. Jean Desmarais serves as Co-President of Keira Capital Partners Inc. Mr. Desmarais serves as Executive Officer of OneCap Investment Corporation. He specializes in financing, real estate services and in ...


CEO Compensation Analysis

Compensation vs Market: Jean's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD157.16K).

Compensation vs Earnings: Jean's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Jean Desmarais
President & CEO0yrsno data3.1% CA$13.2k
MacKenzie Watson
Chairman of the Technical Advisory Board9.3yrsno datano data
Nicolas Patry
Member of Technical Advisory Committee9.3yrsCA$6.50kno data
Roger Bourgault
Chairman of the Board8.8yrsno data0.86% CA$3.7k
Francois LeComte
Independent Director8.8yrsno data4.1% CA$17.4k

9.3yrs

Average Tenure

Experienced Board: AEL.H'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 83.8%.


Top Shareholders

Company Information

Amseco Exploration Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Amseco Exploration Ltd.
  • Ticker: AEL.H
  • Exchange: TSXV
  • Founded: 1984
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$424.751k
  • Shares outstanding: 10.62m
  • Website: https://www.amsecoexploration.com

Location

  • Amseco Exploration Ltd.
  • 2159 Mackay
  • Suite 200
  • Montréal
  • Quebec
  • H3G 2J2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AEL.HTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2006
AXPR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2006

Biography

Amseco Exploration Ltd operates as a mineral exploration company in Canada. It explores for gold and graphite deposits. It holds interest in gold projects, including Barry Urban project consisting of 881 mining claims covering an area of 18,917 hectares in Quebec; Timmins project comprising 4 mining claims covering 57 hectares in Timmins, Ontario; Chika project consisting of 10 contiguous mining claims; and Cookie Monster project comprising 28 mining claims in Monster Lake area. The company holds interest in the North Shore graphite project that consists of 654 mining claims for a total of 35,470 hectares. Amseco Exploration Ltd was founded in 1984 and is based in Montréal, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 00:41
End of Day Share Price2020/02/06 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.