Executive Summary
Altan Nevada Minerals Limited, a mineral exploration and development company, engages in the acquisition, exploration, and development of mineral properties in the United States.
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Altan Nevada Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ANE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
ANE
1.9%
CA Metals and Mining
1.4%
CA Market
1 Year Return
0%
ANE
28.1%
CA Metals and Mining
10.1%
CA Market
Return vs Industry: ANE underperformed the Canadian Metals and Mining industry which returned 26.9% over the past year.
Return vs Market: ANE underperformed the Canadian Market which returned 10.4% over the past year.
Shareholder returns
| ANE | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.9% | 1.4% |
| 30 Day | -14.3% | 5.1% | 2.6% |
| 90 Day | -25.0% | 10.8% | 6.5% |
| 1 Year | 0%0% | 29.0%28.1% | 13.7%10.1% |
| 3 Year | -25.0%-25.0% | -1.6%-3.4% | 17.8%7.1% |
| 5 Year | 0%0% | 26.4%22.2% | 36.3%16.3% |
Price Volatility Vs. Market
How volatile is Altan Nevada Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Could Altan Nevada Minerals Limited's (CVE:ANE) Investor Composition Influence The Stock Price?1 year ago | Simply Wall St
Who Owns Most Of Altan Nevada Minerals Limited (CVE:ANE)?1 year ago | Simply Wall St
What Are The Drivers Of Altan Nevada Minerals Limited's (CVE:ANE) Risks?Valuation
Is Altan Nevada Minerals undervalued compared to its fair value and its price relative to the market?
2.39x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ANE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ANE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ANE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ANE 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 ANE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ANE is overvalued based on its PB Ratio (2.4x) compared to the CA Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Altan Nevada Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.5%
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 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 SimplyWall St do have past financial data.
Next Steps
- 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.
- Altan Nevada Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Altan Nevada Minerals performed over the past 5 years?
37.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANE is currently unprofitable.
Growing Profit Margin: ANE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ANE is unprofitable, but has reduced losses over the past 5 years at a rate of 37% per year.
Accelerating Growth: Unable to compare ANE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ANE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).
Return on Equity
High ROE: ANE has a negative Return on Equity (-80.01%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Altan Nevada Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: ANE's short term assets ($344.3K) do not cover its short term liabilities ($488.0K).
Long Term Liabilities: ANE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ANE is debt free.
Reducing Debt: ANE has no debt compared to 5 years ago when its debt to equity ratio was 7.7%.
Balance Sheet
Inventory Level: ANE has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ANE'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: ANE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ANE has less than a year of cash runway if free cash flow continues to reduce at historical rates of -85.5% each year
Next Steps
Dividend
What is Altan Nevada Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ANE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ANE'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 ANE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ANE'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 ANE'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 Altan Nevada Minerals's salary, the management and board of directors tenure and is there insider trading?
0.7yrs
Average management tenure
CEO
Paul Stephen 0
0.7yrs
Tenure
Mr. Paul Richard Stephen has been Chief Executive Officer, Corporate Secretary and Director of Altan Rio Minerals Limited and Altan Nevada Minerals Limited since May 2019. He served as Corporate Director o ...
Management Age and Tenure
0.7yrs
Average Tenure
Experienced Management: ANE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Age and Tenure
5.4yrs
Average Tenure
Experienced Board: ANE's board of directors are considered experienced (5.4 years average tenure).
Insider Trading
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 substantially diluted in the past year, with total shares outstanding growing by 123%.
Management Team
Anthony Jackson
Chief Financial Officer
- Tenure: 6.6yrs
- Compensation: US$48.00k
Paul Stephen
CEO, Corporate Secretary & Director
- Tenure: 0.7yrs
Barry Bourne
VP of Exploration & Director
- Tenure: 0.2yrs
Board Members
John Load Jones (75yo)
Chairman of the Board
- Tenure: 8.1yrs
Murray Seitz (47yo)
Independent Director
- Tenure: 11.8yrs
Paul Stephen
CEO, Corporate Secretary & Director
- Tenure: 0.7yrs
Evan Courtney Jones
Non-Executive Director
- Tenure: 8.7yrs
Peter Stern
Non-Executive Director
- Tenure: 2.7yrs
Barry Bourne
VP of Exploration & Director
- Tenure: 0.2yrs
Company Information
Altan Nevada Minerals Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Altan Nevada Minerals Limited
- Ticker: ANE
- Exchange: TSXV
- Founded:
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$2.090m
- Shares outstanding: 69.66m
- Website: https://www.altnev.com
Location
- Altan Nevada Minerals Limited
- 1700 - 666 Burrard Street
- Vancouver
- British Columbia
- V6C 2X8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ANE | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Dec 2011 |
Biography
Altan Nevada Minerals Limited, a mineral exploration and development company, engages in the acquisition, exploration, and development of mineral properties in the United States. It explores for gold, copper, iron, and silver ores. The company holds 100% interest in the Venus project comprising 208 unpatented mining claims covering approximately 4,169 acres located in the Pumpkin Hollow area, Yerington District; and Black Top project that includes 102 lode mining claims situated in the Nye County, Nevada. It also holds 100% interest in the Marble Station project, which comprises 50 lode mining claims located in Yerington District; and Yellow Cone project situated in Nye County, Nevada. The company is headquartered in Vancouver, Canada.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/21 00:35 |
| End of Day Share Price | 2020/01/09 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.