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Altan Nevada Minerals

TSXV:ANE
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ANE
TSXV
CA$3M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Altan Nevada Minerals Limited, a mineral exploration company, acquires, explores, and evaluates mineral properties in the United States. The last earnings update was 140 days ago. More info.


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  • Altan Nevada Minerals has significant price volatility in the past 3 months.
ANE Share Price and Events
7 Day Returns
0%
TSXV:ANE
-2.4%
CA Metals and Mining
0.6%
CA Market
1 Year Returns
-
TSXV:ANE
-7.1%
CA Metals and Mining
3.6%
CA Market
ANE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altan Nevada Minerals (ANE) 0% -25% 50% - 125% -35.7%
CA Metals and Mining -2.4% -0.5% 8.7% -7.1% -4.2% -18.2%
CA Market 0.6% 1.9% 8.1% 3.6% 14.8% 6.7%
1 Year Return vs Industry and Market
  • No trading data on ANE.
  • No trading data on ANE.
Price Volatility
ANE
Industry
5yr Volatility vs Market

Value

 Is Altan Nevada Minerals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Altan Nevada Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Altan Nevada Minerals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Altan Nevada Minerals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.045.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Altan Nevada Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altan Nevada Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ANE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.01
TSXV:ANE Share Price ** TSXV (2019-04-11) in CAD CA$0.05
TSXV:ANE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.748 $0.03
Canada Metals and Mining Industry PE Ratio Median Figure of 113 Publicly-Listed Metals and Mining Companies 13.52x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Altan Nevada Minerals.

TSXV:ANE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ANE Share Price ÷ EPS (both in USD)

= 0.03 ÷ -0.01

-3.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altan Nevada Minerals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Altan Nevada Minerals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Altan Nevada Minerals's expected growth come at a high price?
Raw Data
TSXV:ANE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 33 Publicly-Listed Metals and Mining Companies 0.79x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Altan Nevada Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altan Nevada Minerals's assets?
Raw Data
TSXV:ANE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $-0.04
TSXV:ANE Share Price * TSXV (2019-04-11) in CAD CA$0.05
TSXV:ANE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.748 $0.03
Canada Metals and Mining Industry PB Ratio Median Figure of 1,082 Publicly-Listed Metals and Mining Companies 1.35x
Canada Market PB Ratio Median Figure of 2,370 Publicly-Listed Companies 1.51x
TSXV:ANE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ANE Share Price ÷ Book Value per Share (both in USD)

= 0.03 ÷ -0.04

-0.81x

* Primary Listing of Altan Nevada Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altan Nevada Minerals has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of ANE’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.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Altan Nevada Minerals's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Altan Nevada Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Altan Nevada Minerals has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Altan Nevada Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Altan Nevada 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altan Nevada Minerals expected to grow at an attractive rate?
  • Unable to compare Altan Nevada Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Altan Nevada Minerals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Altan Nevada Minerals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ANE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 36.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:ANE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ANE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 -2
2017-06-30 0 -2
2017-03-31 0 -2
2016-12-31 0 -2
2016-09-30 0 -2
2016-06-30 0 -2
2016-03-31 0 -2
2015-12-31 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Altan Nevada Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Altan Nevada Minerals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:ANE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Altan Nevada Minerals Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ANE Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.10
2017-06-30 -0.10
2017-03-31 -0.10
2016-12-31 -0.10
2016-09-30 -0.13
2016-06-30 -0.13
2016-03-31 -0.13
2015-12-31 -0.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Altan Nevada Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ANE’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.
  2. Altan Nevada Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Altan Nevada Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Altan Nevada Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Altan Nevada Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Altan Nevada Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Altan Nevada Minerals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Altan Nevada Minerals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Altan Nevada Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Altan Nevada Minerals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Altan Nevada Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Altan Nevada Minerals Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ANE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.19 0.10
2018-06-30 -0.20 0.07
2018-03-31 -0.20 0.07
2017-12-31 -0.20 0.06
2017-09-30 -1.85 0.06
2017-06-30 -1.90 0.08
2017-03-31 -1.92 0.09
2016-12-31 -1.94 0.11
2016-09-30 -2.38 0.16
2016-06-30 -2.35 0.14
2016-03-31 -2.37 0.16
2015-12-31 -2.40 0.17
2015-09-30 -2.55 0.17
2015-06-30 -2.60 0.22
2015-03-31 -2.61 0.22
2014-12-31 -2.63 0.24
2014-09-30 -0.31 0.23
2014-06-30 -0.32 0.24
2014-03-31 -0.37 0.27
2013-12-31 -0.48 0.34
2013-09-30 -0.62 0.44
2013-06-30 -0.71 0.55
2013-03-31 -0.96 0.78
2012-12-31 -0.99 0.85
2012-09-30 -0.82 0.76
2012-06-30 -0.87 0.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Altan Nevada Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Altan Nevada Minerals has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Altan Nevada Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Altan Nevada Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Altan Nevada Minerals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Altan Nevada Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Altan Nevada Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altan Nevada Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Altan Nevada Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Altan Nevada Minerals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Altan Nevada Minerals has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Altan Nevada Minerals Company Filings, last reported 6 months ago.

TSXV:ANE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -0.77 0.69 0.06
2018-06-30 -0.84 0.66 0.02
2018-03-31 -0.83 0.65 0.05
2017-12-31 -0.80 0.65 0.00
2017-09-30 -0.64 0.64 0.00
2017-06-30 -0.62 0.61 0.01
2017-03-31 -0.60 0.60 0.02
2016-12-31 -0.58 0.60 0.04
2016-09-30 0.99 0.60 0.05
2016-06-30 1.08 0.57 0.06
2016-03-31 1.11 0.56 0.07
2015-12-31 1.08 0.56 0.12
2015-09-30 3.36 0.56 0.14
2015-06-30 3.45 0.56 0.03
2015-03-31 3.49 0.55 0.03
2014-12-31 3.63 0.54 0.04
2014-09-30 6.16 0.47 0.02
2014-06-30 6.22 0.33 0.04
2014-03-31 6.29 0.20 0.04
2013-12-31 6.34 0.06 0.02
2013-09-30 6.42 0.03 0.05
2013-06-30 6.49 0.00 0.30
2013-03-31 6.60 0.00 0.53
2012-12-31 6.73 0.00 0.76
2012-09-30 6.89 0.00 1.12
2012-06-30 6.97 0.00 1.88
  • Altan Nevada Minerals has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Altan Nevada Minerals's debt level has increased considering it has negative shareholder equity.
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.

  • Altan Nevada Minerals has less than a year of cash runway based on current free cash flow.
  • Altan Nevada Minerals has less than a year of cash runway if free cash flow continues to reduce at historical rates of -31.5% each year.
X
Financial health checks
We assess Altan Nevada Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Altan Nevada Minerals has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Altan Nevada Minerals dividends.
If you bought CA$2,000 of Altan Nevada Minerals shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Altan Nevada Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altan Nevada Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:ANE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Altan Nevada Minerals has not reported any payouts.
  • Unable to verify if Altan Nevada Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altan Nevada Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altan Nevada Minerals 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.
X
Income/ dividend checks
We assess Altan Nevada Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Altan Nevada Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altan Nevada Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Altan Nevada Minerals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Load Jones
COMPENSATION $610
AGE 74
CEO Bio

Mr. John Load Cecil Jones, AusIMM, AICD, AM, serves as an Executive Chairman of Anglo Australian Resources NL and served as its Non-Executive Chairman since November 2011. Mr. Jones served as an Exploration and Development Director of Anglo Australian Resources NL. He had 30 years of experience in the Australian contract mining industry in a wide range of general management roles. He was associated with North Kalgurli Mines NL. He served as the Chief Executive Officer of Troy Resources Limited until April 3, 2006. Mr. Jones has been the Chairman of Altan Nevada Minerals Limited (TSX) since 2011 and has been its Director since May 2011 and also serves as its Interim Chief Executive Officer. He has been the Chairman and Director at Altan Rio Minerals Limited (RSX) since 2011. He served as the Chairman and Director of VLM Ventures Ltd. He served as the Chairman of Tanga Resources Limited (a/k/a, Argentina Mining Limited) from June 20, 2014 to February 06, 2017 and had been its Non- Executive Director since February 2017 until December 17, 2018. Mr. Jones served as an Executive Chairman of Troy Resources Limited from November 1988 to October 3, 2007 and as its Chairman since April 3, 2006. He served as the Executive Chairman of Troy Resources NL. He served as an Executive Chairman of Anglo Australian Resources NL since 1990. He has been a Non-Executive Director of Troy Resources Limited since July 27, 1988. He has been a Director of Anglo Australian Resources NL since February 09, 1990. He was a Founding Director of Jones Mining Limited.

CEO Compensation
  • John Load's compensation has been consistent with company performance over the past year.
  • Insufficient data for John Load to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

John Load Jones

TITLE
Chairman of the Board & Interim CEO
COMPENSATION
$610
AGE
74

Evan Courtney Jones

TITLE
President & Director
COMPENSATION
$82K
TENURE
8.3 yrs

Anthony Jackson

TITLE
Chief Financial Officer
COMPENSATION
$37K
TENURE
5.8 yrs

Barry Bourne

TITLE
Technical Director

Paul Stephen

TITLE
Corporate Director
Board of Directors Tenure

Average tenure of the Altan Nevada Minerals board of directors in years:

7.6
Average Tenure
  • The tenure for the Altan Nevada Minerals board of directors is about average.
Board of Directors

John Load Jones

TITLE
Chairman of the Board & Interim CEO
COMPENSATION
$610
AGE
74
TENURE
7.3 yrs

Evan Courtney Jones

TITLE
President & Director
COMPENSATION
$82K
TENURE
7.9 yrs

Murray Seitz

TITLE
Director
COMPENSATION
$610
AGE
46
TENURE
11 yrs

Peter Stern

TITLE
Non-Executive Director
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Altan Nevada Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Altan Nevada Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Who Owns Most Of Altan Nevada Minerals Limited (CVE:ANE)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in ANE should also look at another important group of investors: private companies, with a stake of 0.54%, who are primarily invested because of strategic and capital gain interests.

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What Are The Drivers Of Altan Nevada Minerals Limited's (CVE:ANE) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Altan Nevada Minerals has a beta of 4.17, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … How ANE's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Who Really Owns Altan Nevada Minerals Limited (CVE:ANE)?

See our latest analysis for Altan Nevada Minerals TSXV:ANE Ownership_summary Feb 2nd 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in ANE are private companies that hold a stake of 0.0054% in ANE.

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Is Altan Nevada Minerals Limited (CVE:ANE) Still A Cheap Basic Materials Stock?

Altan Nevada Minerals Limited (TSXV:ANE), a CADCA$555.44K small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … Below, I will examine the sector growth prospects, and also determine whether Altan Nevada Minerals is a laggard or leader relative to its basic materials sector peers. … Check out our latest analysis for Altan Nevada Minerals What’s the catalyst for Altan Nevada Minerals's sector growth?

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Does Altan Nevada Minerals Limited's (CVE:ANE) CEO Pay Compared Well With Peers?

View our latest analysis for Altan Nevada Minerals What has been the trend in ANE's earnings? … Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Usually I would use earnings and market cap to account for variations in performance, however, ANE's negative earnings reduces the usefulness of my formula.

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How Does Investing In Altan Nevada Minerals Limited (TSXV:ANE) Impact Your Portfolio?

A stock with a beta greater than one is considered more sensitive to market-wide shocks compared to a stock that trades below the value of one. … With a beta of 4.07, Altan Nevada Minerals is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … I test ANE’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

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Company Info

Description

Altan Nevada Minerals Limited, a mineral exploration company, acquires, explores, and evaluates mineral properties in the United States. It explores for gold, copper, and silver ores. The company holds seven exploration projects, of which six are self-staked that consists of 1,833 mining claims covering an area of approximately 37,072 acres. Its projects include the Radar Gold-Silver, Black Top Gold, North Star Gold, Venus Copper-Gold, Montelle Gold, Marble Station Gold-Copper, and Yellow Cone properties located in Nevada. The company is headquartered in Vancouver, Canada.

Details
Name: Altan Nevada Minerals Limited
ANE
Exchange: TSXV
Founded:
CA$2,798,269
62,183,764
Website: http://www.altnev.com
Address: Altan Nevada Minerals Limited
1199 West Hastings Street,
Suite 800,
Vancouver,
British Columbia, V6E 3T5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ANE Common Shares TSX Venture Exchange CA CAD 17. Dec 2011
Number of employees
Current staff
Staff numbers
0
Altan Nevada Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:30
End of day share price update: 2019/04/11 00:00
Last earnings filing: 2018/11/30
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.