TSXV:AET

Stock Analysis Report

Executive Summary

Aethon Minerals Corp. engages in the exploration and development of mineral properties in Chile.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Aethon Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

3.0%

AET

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

47.8%

AET

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: AET exceeded the Canadian Metals and Mining industry which returned 26.9% over the past year.

Return vs Market: AET exceeded the Canadian Market which returned 10.4% over the past year.


Shareholder returns

AETIndustryMarket
7 Day3.0%3.5%-1.5%
30 Day6.3%5.0%-0.7%
90 Day-8.1%14.3%1.8%
1 Year47.8%47.8%7.5%6.8%5.7%2.5%
3 Year-19.0%-19.0%2.8%1.0%16.8%6.2%
5 Year25.9%25.9%29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Aethon Minerals undervalued compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AET is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

13.0%

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 Aethon Minerals 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 Aethon Minerals performed over the past 5 years?

-91.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AET is currently unprofitable.

Growing Profit Margin: AET is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AET is unprofitable, and losses have increased over the past 5 years at a rate of -91.7% per year.

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

Earnings vs Industry: AET is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).


Return on Equity

High ROE: AET has a negative Return on Equity (-26.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aethon Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: AET's short term assets (CA$4.6M) exceed its short term liabilities (CA$535.7K).

Long Term Liabilities: AET has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AET is debt free.

Reducing Debt: AET has not had any debt for past 5 years.


Balance Sheet

Inventory Level: AET has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AET'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: Insufficient data to determine if AET has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Aethon Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AET'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 AET'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?

1.7yrs

Average management tenure


CEO

John Miniotis 0

1.1yrs

Tenure

CA$297,927

Compensation

Mr. John Miniotis serves as President and Chief Executive Officer at AbraPlata Resource Corp. since December 12, 2019. He has been Interim Chief Executive Officer of Aethon Minerals Corporation (formerly k ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD226.14K) is above average for companies of similar size in the Canadian market ($USD165.67K).

Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
John Miniotis
Interim CEO & VP of Corporate Development1.1yrsCA$297.93k0.72% CA$34.0k
Carlos Pinglo
CFO, VP of Finance & Corporate Secretary1.7yrsCA$307.88kno data
David O'Connor
Chief Geologist & Chile Country Manager1.7yrsno datano data

1.7yrs

Average Tenure

Experienced Management: AET's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Atkinson
Director8.2yrsCA$16.67k0.030% CA$1.4k
Flora Wood
Independent Director1.4yrsCA$11.81k0.16% CA$7.7k
Jens Mayer
Chairman0yrsCA$16.67k0.29% CA$13.6k
Yee Leung
Independent Director1.7yrsCA$16.67k0.32% CA$15.2k

1.7yrs

Average Tenure

Experienced Board: AET's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: AET 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 3474.1%.


Top Shareholders

Company Information

Aethon Minerals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aethon Minerals Corp.
  • Ticker: AET
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.698m
  • Shares outstanding: 27.63m
  • Website: https://www.aethonminerals.com

Location

  • Aethon Minerals Corp.
  • 220 Bay Street
  • Suite 550
  • Toronto
  • Ontario
  • M5J 2W4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AETTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2012

Biography

Aethon Minerals Corp. engages in the exploration and development of mineral properties in Chile. The company explores for copper, gold, and silver deposits. It holds interests in the mining belts located in the Maricunga and Antofagasta regions of northern Chile. The company was formerly Watusi Capital Corp. Aethon Minerals Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. As of December 19, 2019, Aethon Minerals Corp. operates as a subsidiary of AbraPlata Resource Corp. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/24 00:21
End of Day Share Price2019/12/20 00:00
Earnings2018/12/31
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.