Alliance Mining Corp. acquires, explores for, and develops mineral properties in Canada.
+ 1 more risk
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
3 days ago | Simply Wall StIs Alliance Mining Corp. (CVE:ALM) A Volatile Stock?
3 months ago | Simply Wall StIs Alliance Mining Corp. (CVE:ALM) A Volatile Stock?
6 months ago | Simply Wall StSuch Is Life: How Alliance Mining (CVE:ALM) Shareholders Saw Their Shares Drop 63%
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.
How is Alliance Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of ALM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Alliance Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Alliance Mining performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chris Anderson 0
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 ...
|CFO & Director||4.8yrs||no data||no data|
|Independent Director||5.1yrs||no data||no data|
|Member of Advisory Board||7.5yrs||no data||no data|
|Member of Advisory Board||0yrs||no data||no data|
Experienced Board: ALM's board of directors are considered experienced (6.3 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.
Alliance Mining Corp.'s company bio, employee growth, exchange listings and data sources
- 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
- Alliance Mining Corp.
- 888 Dunsmuir Street
- Suite 888
- British Columbia
- V6C 3K4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ALM||TSXV (TSX Venture Exchange)||Yes||Class A Common Shares||CA||CAD||Jan 2012|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:18|
|End of Day Share Price||2020/02/25 00:00|
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.