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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Albert Mining. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Albert Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Albert Mining 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Albert Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Albert Mining's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Albert Mining's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Albert Mining is high growth as no earnings estimate data is available.
Unable to determine if Albert Mining 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.
Albert Mining's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
TENURE AS CEO
Mr. Michel Fontaine has been the Chief Executive Officer at Majescor Resources Inc. (now known as Albert Mining Inc.) since May 22, 2017 and serves as its President. Mr. Fontaine served as a Vice-President of Business Development at Diagnos Inc. since January 2005. Mr. Fontaine served as Vice-President within a firm specialized in foreign exchange trading. He served as Vice President of Finance for the Quebec Mineral Exploration Association from 2009 to 2011. Before working as a broker at a major Canadian securities firm, he worked in the mining sector in Vancouver. He was employed in the mining resources industry in Vancouver, BC. He was a stock broker with nationally recognized brokerage firms in Canada. His extensive professional network in both the financial and natural resources industries is beneficial to clients. His broad experience in the financial and mining industries. He has been an Independent Director of Everton Resources Inc. since August 16, 2016. He has been an Independent Director of Majescor Resources, Inc. (now known as Albert Mining Inc.) since October 02, 2015. He has been a Director of Metanor Resources Inc. since December 2014. He serves as a Director of DIAGNOS Inc. He served as an Independent Director of Axe Exploration Inc. until April 2011. Mr. Fontaine also served on the board of directors of Diamond Frank (Axe Exploration Inc.) from 2007 to 2011.
Insufficient data for Michel to compare compensation growth.
Michel's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Albert Mining management team is about average.
CFO & Corporate Secretary
Manager of Corporate Communications
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Albert Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Albert Mining insiders in the past 3 months, but not in substantial volumes.
Should You Take Comfort From Insider Transactions At Albert Mining Inc. (CVE:AIIM)?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. … In total, Albert Mining insiders bought more than they sold over the last year
How Financially Strong Is Albert Mining Inc (CVE:AIIM)?
Albert Mining Inc (CVE:AIIM), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is AIIM will have to follow strict debt obligations which will reduce its financial flexibility. … Is AIIM growing fast enough to value financial flexibility over lower cost of capital.
What does Albert Mining Inc's (CVE:AIIM) Balance Sheet Tell Us About Its Future?
Albert Mining Inc (CVE:AIIM), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is AIIM will have to follow strict debt obligations which will reduce its financial flexibility. … Does AIIM's growth rate justify its decision for financial flexibility over lower cost of capital
Have Investors Already Priced In Basic Materials Growth For Albert Mining Inc (TSXV:AIIM)?
TSXV:AIIM PE PEG Gauge Nov 8th 17 metals and mining companies are typically trading at a PE of 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of AIIM, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.
Albert Mining Inc., a junior mining exploration company, acquires, explores for, and develops mineral resource properties in Canada. The company primarily explores for gold, zinc, copper, diamond, base metals, precious metals, and lithium deposits in Québec. It also offers computer aided resources detection system that enables mineral exploration professionals identify areas with a high statistical probability of similarity to known areas of mineralization. In addition, the company provides data mining, target generation, project management, and financing services. The company was formerly known as Majescor Resources Inc. and changed its name to Albert Mining Inc. in June 2017. Albert Mining Inc. was incorporated in 1996 and is headquartered in Ottawa, Canada.
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