TSXV:ANE

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Altan Nevada Minerals

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


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

ANEIndustryMarket
7 Day100.0%-0.4%-0.2%
30 Day100.0%1.5%4.0%
90 Day100.0%-2.0%12.9%
1 Year0%0%36.9%35.8%5.2%1.5%
3 Year0%0%40.4%37.4%14.2%3.4%
5 Year200.0%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

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

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

NamePositionTenureCompensationOwnership
Paul Stephen
CEO, Corporate Secretary & Director1.67yrsUS$99.33kno data
Anthony Jackson
Chief Financial Officer7.58yrsUS$37.01kno data
Barry Bourne
Vice President of Exploration1.67yrsno data0.33%
$ 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

NamePositionTenureCompensationOwnership
Paul Stephen
CEO, Corporate Secretary & Director1.67yrsUS$99.33kno data
John Load Jones
Chairman of the Board9.08yrsno data9.51%
$ 131.5k
Evan Courtney Jones
Non-Executive Director9.67yrsno data0.22%
$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANETSXV (TSX Venture Exchange)YesCommon SharesCACADDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 00:30
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.