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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent 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: Insufficient data to determine ANE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ANE's volatility change over the past year.
Market Performance
7 Day Return
100.0%
ANE
-0.4%
CA Metals and Mining
-0.2%
CA Market
1 Year Return
0%
ANE
35.8%
CA Metals and Mining
1.5%
CA Market
Return vs Industry: ANE underperformed the Canadian Metals and Mining industry which returned 36.7% over the past year.
Return vs Market: ANE underperformed the Canadian Market which returned 2.1% over the past year.
Shareholder returns
| ANE | Industry | Market | |
|---|---|---|---|
| 7 Day | 100.0% | -0.4% | -0.2% |
| 30 Day | 100.0% | 1.5% | 4.0% |
| 90 Day | 100.0% | -2.0% | 12.9% |
| 1 Year | 0%0% | 36.9%35.8% | 5.2%1.5% |
| 3 Year | 0%0% | 40.4%37.4% | 14.2%3.4% |
| 5 Year | 200.0%200.0% | 170.6%162.0% | 63.2%38.1% |
Long-Term 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
10 months ago | Simply Wall St
Do Institutions Own Altan Nevada Minerals Limited (CVE:ANE) Shares?1 year ago | Simply Wall St
Could Altan Nevada Minerals Limited's (CVE:ANE) Investor Composition Influence The Stock Price?2 years ago | Simply Wall St
Who Owns Most Of Altan Nevada Minerals Limited (CVE:ANE)?Valuation
Is Altan Nevada Minerals undervalued compared to its fair value and its price relative to the market?
3.85x
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 CA 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 (3.8x) compared to the CA Metals and Mining industry average (3x).
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?
25.0%
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 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
- Examine Altan Nevada Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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?
46.0%
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 46% 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 (71.8%).
Return on Equity
High ROE: ANE has a negative Return on Equity (-81.87%), as it is currently unprofitable.
Next Steps
Financial Health
How is Altan Nevada Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: ANE's short term assets ($27.4K) do not cover its short term liabilities ($422.7K).
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 17.1%.
Balance Sheet
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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ANE is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is Altan Nevada Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ANE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ANE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Paul Stephen
1.67yrs
Tenure
US$99,325
Compensation
Mr. Paul Richard Stephen has been Chief Executive Officer, Corporate Secretary and Director Altan Nevada Minerals Limited since May 29, 2019. He serves as Chief Executive Officer and Director since May 201...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD99.32K) is below average for companies of similar size in the Canadian market ($USD153.85K).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Corporate Secretary & Director | 1.67yrs | US$99.33k | no data | |
| Chief Financial Officer | 7.58yrs | US$37.01k | no data | |
| Vice President of Exploration | 1.67yrs | no data | 0.33% $ 4.5k |
1.7yrs
Average Tenure
Experienced Management: ANE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Corporate Secretary & Director | 1.67yrs | US$99.33k | no data | |
| Chairman of the Board | 9.08yrs | no data | 9.51% $ 131.5k | |
| Non-Executive Director | 9.67yrs | no data | 0.22% $ 3.1k |
9.1yrs
Average Tenure
Experienced Board: ANE's board of directors are considered experienced (9.1 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 32.3%.
Top Shareholders
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: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$1.382m
- Shares outstanding: 92.16m
- Website: https://www.altnev.com
Location
- Altan Nevada Minerals Limited
- 666 Burrard Street
- Suite 1700
- 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, copp...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:30 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.