TSXV:AIIM

Stock Analysis Report

Executive Summary

Albert Mining Inc. acquires, explores for, and develops mineral resource properties in Québec.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Albert Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.7%

AIIM

-3.1%

CA Metals and Mining

-0.5%

CA Market


1 Year Return

166.7%

AIIM

11.9%

CA Metals and Mining

1.1%

CA Market

Return vs Industry: AIIM exceeded the Canadian Metals and Mining industry which returned 11.9% over the past year.

Return vs Market: AIIM exceeded the Canadian Market which returned 1.1% over the past year.


Share holder returns

AIIMIndustryMarket
7 Day6.7%-3.1%-0.5%
30 Day-11.1%-2.8%-1.9%
90 Day-11.1%0.6%-1.6%
1 Year166.7%166.7%12.8%11.9%4.6%1.1%
3 Year60.0%60.0%-5.7%-7.5%15.8%5.5%
5 Year60.0%60.0%6.3%2.3%26.9%8.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Albert Mining undervalued based on future cash flows and its price relative to the stock market?

5.48x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate AIIM's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate AIIM's fair value to establish if it is undervalued.


Price Based on Earnings

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

PE vs Market: AIIM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate AIIM's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: AIIM is overvalued based on its PB Ratio (5.5x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Albert Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.7%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Albert Mining performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AIIM is unprofitable, but has reduced losses over the past 5 years at a rate of 1.8% per year.

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

Earnings vs Industry: AIIM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: AIIM has a negative Return on Equity (-86.45%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AIIM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AIIM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Albert Mining's financial position?


Financial Position Analysis

Short Term Liabilities: AIIM's short term assets (CA$742.5K) exceeds its short term liabilities (CA$87.7K)

Long Term Liabilities: AIIM has no long term liabilities


Debt to Equity History and Analysis

Debt Level: AIIM is debt free.

Reducing Debt: AIIM currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

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

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

Forecast Cash Runway: AIIM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -34.6% each year


Next Steps

Dividend

What is Albert Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

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


Next Steps

Management

What is the CEO of Albert Mining's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Michel Fontaine (55yo)

2.4yrs

Tenure

CA$136,150

Compensation

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 ...


CEO Compensation Analysis

Compensation vs. Market: Michel has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Canadian market.

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


Management Age and Tenure

3.3yrs

Average Tenure

Experienced Management: AIIM's management team is considered experienced (3.3 years average tenure).


Board Age and Tenure

2.7yrs

Average Tenure

Experienced Board: AIIM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

BuyCA$9,35010 Oct 19
Dinesh Kandanchatha
EntityIndividual
Role
Chairman of the Board
Chairman
Shares110,000
Max PriceCA$0.085
BuyCA$9,90030 Sep 19
Dinesh Kandanchatha
EntityIndividual
Role
Chairman of the Board
Chairman
Shares110,000
Max PriceCA$0.09
BuyCA$1,36024 Sep 19
Dinesh Kandanchatha
EntityIndividual
Role
Chairman of the Board
Chairman
Shares16,000
Max PriceCA$0.085
SellCA$16,50023 Apr 19
Jacques Letendre
EntityIndividual
Role
Member of the Board of Directors
Director
Shares150,000
Max PriceCA$0.11
BuyCA$5,00016 Apr 19
Michel Fontaine
EntityIndividual
Role
Chief Executive Officer
President
Shares62,500
Max PriceCA$0.08
BuyCA$10,00018 Mar 19
Michel Fontaine
EntityIndividual
Role
Chief Executive Officer
President
Shares200,000
Max PriceCA$0.05
BuyCA$10,00013 Mar 19
André Larente
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200,000
Max PriceCA$0.05
BuyCA$24,00013 Mar 19
Lucie Letellier
EntityIndividual
Shares200,000
Max PriceCA$0.12
SellCA$7,14005 Mar 19
André Larente
EntityIndividual
Role
Member of the Board of Directors
Director
Shares42,000
Max PriceCA$0.17
BuyCA$7,25025 Oct 18
André Audet
EntityIndividual
Shares260,000
Max PriceCA$0.03

Ownership Breakdown


Management Team

  • C. Barrie

    Technical Advisor

    • Tenure: 3.3yrs
    • Compensation: CA$47.79k
  • Marc-André Bernier (55yo)

    Technical Advisor

    • Tenure: 4.3yrs
  • Maureen Doherty

    Manager of Corporate Communications

    • Tenure: 0yrs
  • Michel Fontaine (55yo)

    President

    • Tenure: 2.4yrs
    • Compensation: CA$136.15k

Board Members

  • Jacques Letendre

    Director

    • Tenure: 3yrs
    • Compensation: CA$8.58k
  • André Larente

    Director

    • Tenure: 2.4yrs
    • Compensation: CA$8.58k
  • Michel Fontaine (55yo)

    President

    • Tenure: 2.4yrs
    • Compensation: CA$136.15k
  • Dinesh Kandanchatha (43yo)

    Chairman

    • Tenure: 0.5yrs

Company Information

Albert Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Albert Mining Inc.
  • Ticker: AIIM
  • Exchange: TSXV
  • Founded: 1996
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$6.244m
  • Shares outstanding: 78.05m
  • Website: https://albertmining.com

Location

  • Albert Mining Inc.
  • 7005 Taschereau Boulevard
  • Suite 340
  • Brossard
  • Quebec
  • J4Z 1A7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AIIMTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2000
L7C2DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2000
MJXF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2000

Biography

Albert Mining Inc. acquires, explores for, and develops mineral resource properties in Québec. The company primarily explores for gold, copper, and zinc deposits. It also offers computer aided resources de ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/11 23:52
End of Day Share Price2019/10/09 00:00
Earnings2019/05/31
Annual Earnings2019/02/28


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.

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