TSXV:ALM

Stock Analysis Report

Executive Summary

Alliance Mining Corp. acquires, explores for, and develops mineral properties in Canada.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ALM

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-66.7%

ALM

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: ALM underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: ALM underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

ALMIndustryMarket
7 Day0%-6.0%-6.2%
30 Day-50.0%-1.0%-5.0%
90 Day-50.0%4.9%-2.8%
1 Year-66.7%-66.7%2.9%2.2%1.1%-2.0%
3 Year-87.5%-87.5%-2.8%-4.5%10.7%0.6%
5 Year-83.3%-83.3%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Alliance Mining undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: ALM (CA$0.01) is trading above our estimate of fair value (CA$0)

Significantly Below Fair Value: ALM is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ALM has negative assets, so we can't compare its PB Ratio to the CA Metals and Mining industry average.


Next Steps

Future Growth

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

15.0%

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 Alliance 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 Alliance Mining performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALM is currently unprofitable.

Growing Profit Margin: ALM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALM is unprofitable, and losses have increased over the past 5 years at a rate of -1.3% per year.

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

Earnings vs Industry: ALM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: ALM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Alliance Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ALM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ALM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ALM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ALM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: ALM has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: Whilst unprofitable ALM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ALM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.5% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

6.3yrs

Average board tenure


CEO

Chris Anderson 0

8yrs

Tenure

CA$120,000

Compensation

Mr. Christopher Ross Anderson, also known as Chris, is Chief Executive Officer of Great Atlantic Resources Corp since December 4, 2013 and its President since November 27, 2013. Mr. Anderson has been the C ...


Board Members

NamePositionTenureCompensationOwnership
Christopher Anderson
President8yrsCA$120.00k6.06% CA$21.9k
Scott Kent
CFO & Director4.8yrsno datano data
Allan Beaton
Independent Director5.1yrsno datano data
Ian Gordon
Member of Advisory Board7.5yrsno datano data
Tamas Bakacs
Member of Advisory Board0yrsno datano data

6.3yrs

Average Tenure

Experienced Board: ALM's board of directors are considered experienced (6.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.


Top Shareholders

Company Information

Alliance Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alliance Mining Corp.
  • Ticker: ALM
  • Exchange: TSXV
  • Founded: 2002
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$360.541k
  • Shares outstanding: 72.11m
  • Website: https://www.alliancemining.com

Location

  • Alliance Mining Corp.
  • 888 Dunsmuir Street
  • Suite 888
  • Vancouver
  • British Columbia
  • V6C 3K4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALMTSXV (TSX Venture Exchange)YesClass A Common SharesCACADJan 2012

Biography

Alliance Mining Corp. acquires, explores for, and develops mineral properties in Canada. It holds an option agreement to acquire a 100% interest in the Red Rice Lake property comprising 4 non-contiguous claims covering an area of 801 hectares located in the Bissett Gold Mine Camp in Manitoba. The company was incorporated in 2002 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:18
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
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.