TSXV:AN

Stock Analysis Report

Executive Summary

Arena Minerals Inc., a copper exploration company, engages in the acquisition, exploration, and development of mineral properties in South America.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Arena Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

AN

-0.8%

CA Metals and Mining

0.2%

CA Market


1 Year Return

-35.3%

AN

13.6%

CA Metals and Mining

2.4%

CA Market

Return vs Industry: AN underperformed the Canadian Metals and Mining industry which returned 13.6% over the past year.

Return vs Market: AN underperformed the Canadian Market which returned 2.4% over the past year.


Shareholder returns

ANIndustryMarket
7 Day0%-0.8%0.2%
30 Day0%-8.4%-3.3%
90 Day-8.3%-7.6%-1.8%
1 Year-35.3%-35.3%14.5%13.6%6.0%2.4%
3 Year-65.6%-65.6%-10.6%-12.2%14.2%4.0%
5 Year-64.5%-64.5%16.7%12.9%27.2%8.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Arena Minerals undervalued compared to its fair value and its price relative to the market?

1.07x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AN's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AN is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

38.6%

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 Arena Minerals 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 Arena Minerals performed over the past 5 years?

8.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AN is unprofitable, but has reduced losses over the past 5 years at a rate of 8% per year.

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

Earnings vs Industry: AN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.9%).


Return on Equity

High ROE: AN has a negative Return on Equity (-14.67%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Arena Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: AN's short term assets (CA$1.2M) exceeds its short term liabilities (CA$162.4K)

Long Term Liabilities: AN has no long term liabilities


Debt to Equity History and Analysis

Debt Level: AN is debt free.

Reducing Debt: AN has not had any debt for past 5 years.


Balance Sheet

Inventory Level: AN has a high level of physical assets or inventory.

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

Forecast Cash Runway: AN has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.5% each year.


Next Steps

Dividend

What is Arena Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if AN'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 AN'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 Arena Minerals's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Will Randall (40yo)

7.3yrs

Tenure

CA$150,000

Compensation

Mr. William Randall, also known as Will, MSc., (Geology) P.Geo, has been the Chief Executive Officer and President of Antofagasta Gold Inc. (formerly, Windamere Ventures Ltd.) since June 2012. Mr. Randall  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Will's total compensation is reasonable compared to companies of similar size in the Canadian market.

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


Management Age and Tenure

4.6yrs

Average Tenure

44yo

Average Age

Experienced Management: AN's management team is considered experienced (4.6 years average tenure).


Board Age and Tenure

1.0yrs

Average Tenure

42yo

Average Age

Experienced Board: AN's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

BuyCA$26,92515 Jul 19
Eduardo Morales
EntityIndividual
Role
Chairman of the Board
Executive Chairman of the Board
Shares359,000
Max PriceCA$0.075
BuyCA$14011 Jun 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares2,000
Max PriceCA$0.07
BuyCA$75005 Jun 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares10,000
Max PriceCA$0.075
BuyCA$4,57003 Jun 19
William Randall
EntityIndividual
Role
Chief Executive Officer
President
Shares71,000
Max PriceCA$0.07
BuyCA$2,15131 May 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares30,000
Max PriceCA$0.075
BuyCA$75014 May 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares10,000
Max PriceCA$0.075
BuyCA$72011 May 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares10,000
Max PriceCA$0.072
BuyCA$32512 Apr 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares5,000
Max PriceCA$0.065
BuyCA$32509 Apr 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares5,000
Max PriceCA$0.065
BuyCA$37526 Mar 19
Simon Marcotte
EntityIndividual
Role
Head of Corporate Development
Vice-President of Corporate Development
Shares5,000
Max PriceCA$0.075
BuyCA$5,00023 Jan 19
William Randall
EntityIndividual
Role
Chief Executive Officer
President
Shares100,000
Max PriceCA$0.05
BuyCA$9,64513 Dec 18
William Randall
EntityIndividual
Role
Chief Executive Officer
President
Shares150,000
Max PriceCA$0.064

Ownership Breakdown


Management Team

  • Vern Arsenault

    Vice President of Exploration

    • Tenure: 7.3yrs
    • Compensation: CA$180.00k
  • Will Randall (40yo)

    President

    • Tenure: 7.3yrs
    • Compensation: CA$150.00k
  • Simon Marcotte (44yo)

    Vice-President of Corporate Development

    • Tenure: 1.1yrs
    • Compensation: CA$10.00k
  • Eduardo Morales (70yo)

    Executive Chairman of the Board

    • Tenure: 0.6yrs
  • Paul Kania

    CFO & Corporate Secretary

    • Tenure: 1.9yrs
    • Compensation: CA$30.00k

Board Members

  • Will Randall (40yo)

    President

    • Tenure: 7.3yrs
    • Compensation: CA$150.00k
  • Eduardo Morales (70yo)

    Executive Chairman of the Board

    • Tenure: 0.6yrs
  • Jorge Vazquez (42yo)

    Director

    • Tenure: 1.5yrs
  • Peter Damouni

    Director

    • Tenure: 0.4yrs

Company Information

Arena Minerals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arena Minerals Inc.
  • Ticker: AN
  • Exchange: TSXV
  • Founded: 1995
  • Industry: Copper
  • Sector: Materials
  • Market Cap: CA$7.844m
  • Shares outstanding: 142.62m
  • Website: https://www.arenaminerals.com

Location

  • Arena Minerals Inc.
  • 120 Adelaide Street West
  • Suite 1410
  • Toronto
  • Ontario
  • M5H 1T1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 1996
23RDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 1996
AMRZ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 1996

Biography

Arena Minerals Inc., a copper exploration company, engages in the acquisition, exploration, and development of mineral properties in South America. Its flagship asset is the Atacama copper property coverin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:31
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
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.