Loading...

Albert Mining

TSXV:AIIM
Snowflake Description

Adequate balance sheet with weak fundamentals.

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

Albert Mining Inc., a junior mining exploration company, acquires, explores for, and develops mineral resource properties in Canada. The last earnings update was 54 days ago. More info.


Add to Portfolio Compare Print
  • Albert Mining has significant price volatility in the past 3 months.
AIIM Share Price and Events
7 Day Returns
-9.5%
TSXV:AIIM
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
35.7%
TSXV:AIIM
-7%
CA Metals and Mining
1.2%
CA Market
AIIM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Albert Mining (AIIM) -9.5% 90% 216.7% 35.7% 111.1% 11.8%
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
  • AIIM outperformed the Metals and Mining industry which returned -7% over the past year.
  • AIIM outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
AIIM
Industry
5yr Volatility vs Market

AIIM Value

 Is Albert Mining 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 Albert Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.095.
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 Albert Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Albert Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:AIIM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.02
TSXV:AIIM Share Price ** TSXV (2019-03-19) in CAD CA$0.1
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 Albert Mining.

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

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

= 0.1 ÷ -0.02

-4.04x

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

  • Albert Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Albert Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Albert Mining's expected growth come at a high price?
Raw Data
TSXV:AIIM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.04x
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 Albert Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Albert Mining's assets?
Raw Data
TSXV:AIIM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.01
TSXV:AIIM Share Price * TSXV (2019-03-19) in CAD CA$0.1
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:AIIM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.1 ÷ 0.01

9.91x

* Primary Listing of Albert Mining.

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

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

AIIM Future Performance

 How is Albert Mining 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 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 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 Albert Mining expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
TSXV:AIIM 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:AIIM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:AIIM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 0 -1 -1
2018-08-31 0 -1 -1
2018-05-31 0 -1 -1
2018-02-28 0 -1 -1
2017-11-30 -1 -1
2017-08-31 -1 -1
2017-05-31 -1 -1
2017-02-28 -1 -1
2016-11-30 0 -1
2016-08-31 0 0
2016-05-31 0 0
2016-02-29 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
TSXV:AIIM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Albert Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AIIM Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.02
2018-08-31 -0.02
2018-05-31 -0.02
2018-02-28 -0.03
2017-11-30 -0.02
2017-08-31 -0.03
2017-05-31 -0.04
2017-02-28 -0.04
2016-11-30 -0.04
2016-08-31 -0.03
2016-05-31 0.00
2016-02-29 0.01

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

Next steps:

  1. Examine Albert Mining'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. Albert Mining'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. Albert Mining'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 Albert Mining'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.
Albert Mining 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.

AIIM Past Performance

  How has Albert Mining 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 Albert Mining'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.
  • Albert Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Albert Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Albert Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Albert Mining'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 Albert Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AIIM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 0.12 -1.42 1.32
2018-08-31 0.12 -1.31 1.22
2018-05-31 0.12 -1.22 1.15
2018-02-28 0.09 -1.41 1.34
2017-11-30 -0.78 0.74
2017-08-31 -0.91 0.90
2017-05-31 -1.16 1.16
2017-02-28 -0.94 0.96
2016-11-30 -0.79 1.14
2016-08-31 -0.49 0.85
2016-05-31 0.04 0.45
2016-02-29 0.10 0.37
2015-11-30 0.06 0.17
2015-08-31 0.05 0.18
2015-05-31 -0.12 0.15
2015-02-28 0.04 0.20
2014-11-30 -2.28 0.13
2014-08-31 -2.29 0.17
2014-05-31 -2.56 0.53
2014-02-28 -3.01 0.74
2013-11-30 -5.21 1.13
2013-08-31 -5.89 1.51
2013-05-31 -7.06 2.71
2013-02-28 -8.43 4.21
2012-11-30 -5.13 5.43
2012-08-31 -5.28 6.15
2012-05-31 -4.63 5.67

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

AIIM Health

 How is Albert Mining'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 Albert Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Albert Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Albert Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Albert Mining'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.
  • Albert Mining 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 Albert Mining Company Filings, last reported 3 months ago.

TSXV:AIIM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 0.61 0.00 0.12
2018-08-31 0.82 0.00 0.32
2018-05-31 1.06 0.00 0.63
2018-02-28 1.20 0.00 0.79
2017-11-30 1.21 0.00 0.10
2017-08-31 1.36 0.00 0.38
2017-05-31 1.46 0.00 0.49
2017-02-28 0.15 0.00 0.28
2016-11-30 0.03 0.00 0.15
2016-08-31 0.23 0.00 0.29
2016-05-31 0.38 0.00 0.50
2016-02-29 -0.02 0.00 0.06
2015-11-30 -0.12 0.02 0.00
2015-08-31 -0.12 0.02 0.01
2015-05-31 -3.19 2.49 0.02
2015-02-28 -3.15 2.51 0.07
2014-11-30 -2.87 2.30 0.10
2014-08-31 -2.70 2.18 0.15
2014-05-31 -2.67 2.18 0.20
2014-02-28 -2.98 2.21 0.03
2013-11-30 0.20 1.81 0.05
2013-08-31 -0.22 2.02 0.05
2013-05-31 0.05 2.02 0.05
2013-02-28 0.32 1.98 0.06
2012-11-30 6.42 1.99 0.12
2012-08-31 6.90 2.09 0.47
2012-05-31 8.11 0.31 1.56
  • Albert Mining has no debt.
  • Albert Mining has no debt compared to 5 years ago when it was 1128.9%.
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.

  • Albert Mining has less than a year of cash runway based on current free cash flow.
  • Albert Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 59.5% each year.
X
Financial health checks
We assess Albert Mining'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. Albert Mining 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.

AIIM Dividends

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

AIIM Management

 What is the CEO of Albert Mining'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
Michel Fontaine
COMPENSATION CA$314,465
AGE 54
TENURE AS CEO 1.8 years
CEO Bio

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.

CEO Compensation
  • 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 Albert Mining management team in years:

2.4
Average Tenure
54
Average Age
  • The tenure for the Albert Mining management team is about average.
Management Team

Michel Fontaine

TITLE
President
COMPENSATION
CA$314K
AGE
54
TENURE
1.8 yrs

Lucie Letellier

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$54K
AGE
57
TENURE
2 yrs

Maureen Doherty

TITLE
Manager of Corporate Communications

Marc-André Bernier

TITLE
Technical Advisor
AGE
54
TENURE
3.7 yrs

C. Barrie

TITLE
Technical Advisor
COMPENSATION
CA$48K
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure of the Albert Mining board of directors in years:

2.4
Average Tenure
  • The average tenure for the Albert Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Michel Fontaine

TITLE
President
COMPENSATION
CA$314K
AGE
54
TENURE
3.4 yrs

Jacques Letendre

TITLE
Director
TENURE
2.4 yrs

André Larente

TITLE
Director
COMPENSATION
CA$19K
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Albert Mining insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
13. Mar 19 Buy Lucie Letellier Individual 12. Mar 19 12. Mar 19 200,000 CA$0.12 CA$24,000
13. Mar 19 Buy André Larente Individual 11. Mar 19 11. Mar 19 200,000 CA$0.05 CA$10,000
05. Mar 19 Sell André Larente Individual 04. Mar 19 04. Mar 19 -42,000 CA$0.17 CA$-7,140
25. Oct 18 Buy André Audet Individual 19. Oct 18 19. Oct 18 260,000 CA$0.03 CA$7,250
07. Apr 18 Buy André Audet Individual 04. Apr 18 04. Apr 18 1,000,000 CA$0.04 CA$39,999
07. Apr 18 Sell DIAGNOS Inc. Company 04. Apr 18 04. Apr 18 -10,500,000 CA$0.05 CA$-422,144
X
Management checks
We assess Albert Mining'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. Albert Mining 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.

AIIM News

Simply Wall St News

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

Simply Wall St -

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.

Simply Wall St -

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

Simply Wall St -

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.

Simply Wall St -

AIIM Company Info

Description

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.

Details
Name: Albert Mining Inc.
AIIM
Exchange: TSXV
Founded: 1996
CA$7,019,745
73,892,061
Website: http://albertmining.com
Address: Albert Mining Inc.
5460 Canotek Road,
Suite 99,
Ottawa,
Ontario, K1J 9G9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AIIM Common Shares TSX Venture Exchange CA CAD 08. Feb 2000
OTCPK MJXF.F Common Shares Pink Sheets LLC US USD 08. Feb 2000
DB L7C2 Common Shares Deutsche Boerse AG DE EUR 08. Feb 2000
Number of employees
Current staff
Staff numbers
0
Albert Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:42
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/01/24
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/02/28


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.