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.

Risks

  • Albert Mining has significant price volatility in the past 3 months.
  • Albert Mining is not covered by any analysts.

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

0%

TSXV:AIIM

3.4%

CA Metals and Mining

-0.9%

CA Market


1 Year Return

183.3%

TSXV:AIIM

21.7%

CA Metals and Mining

-6.1%

CA Market

AIIM outperformed the Metals and Mining industry which returned 21.7% over the past year.

AIIM outperformed the Market in Canada which returned -6.1% over the past year.


Share holder returns

AIIMIndustryMarket
7 Day0%3.4%-0.9%
30 Day-10.5%3.0%-3.4%
90 Day-5.6%27.9%-3.1%
1 Year183.3%183.3%22.7%21.7%-2.8%-6.1%
3 Year-5.6%-5.6%-6.6%-8.3%13.2%3.1%
5 Year54.5%54.5%-7.0%-10.3%10.8%-4.7%

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?

5.83x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Albert Mining to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Albert Mining to establish if it is available at substantial discount.


Price Based on Earnings

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

Unable to calculate PEG ratio for Albert Mining, we can't assess if its growth is good value.


Price Based on Value of Assets

Albert Mining is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

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

35.0%

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 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

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.


Return on Equity

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.


Return on Assets

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.


Return on Capital Employed

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.


Next Steps

Financial Health

How is Albert Mining's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Albert Mining has no debt.

Albert Mining currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

Albert Mining has no debt, it does not need to be 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.

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 34.6% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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.

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

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.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Michel Fontaine (55yo)

2.3yrs

Tenure

CA$314,465

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

Michel's remuneration is higher than average for companies of similar size in Canada.

Insufficient data for Michel to compare compensation growth.


Management Age and Tenure

3.2yrs

Average Tenure

The tenure for the Albert Mining management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

The average tenure for the Albert Mining board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

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: 3.2yrs
    • Compensation: CA$47.79k
  • Marc-André Bernier (55yo)

    Technical Advisor

    • Tenure: 4.1yrs
  • Maureen Doherty

    Manager of Corporate Communications

    • Tenure: 0.0yrs
  • Michel Fontaine (55yo)

    President

    • Tenure: 2.3yrs
    • Compensation: CA$314.47k

Board Members

  • Jacques Letendre

    Director

    • Tenure: 2.8yrs
  • André Larente

    Director

    • Tenure: 2.3yrs
    • Compensation: CA$19.28k
  • Michel Fontaine (55yo)

    President

    • Tenure: 2.3yrs
    • Compensation: CA$314.47k
  • Dinesh Kandanchatha (43yo)

    Chairman

    • Tenure: 0.3yrs

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$6.635m
  • 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 Analysis2019/08/24 23:41
End of Day Share Price2019/08/23 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.