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Ascot Resources

TSXV:AOT
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AOT
TSXV
CA$157M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Ascot Resources Ltd., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in the United States and Canada. The last earnings update was 118 days ago. More info.


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  • Ascot Resources has significant price volatility in the past 3 months.
AOT Share Price and Events
7 Day Returns
4.7%
TSXV:AOT
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-28%
TSXV:AOT
-3.9%
CA Metals and Mining
2.6%
CA Market
AOT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ascot Resources (AOT) 4.7% -9.1% -30.2% -28% -13.5% -10.9%
CA Metals and Mining 1.7% 0.4% 13.7% -3.9% 15% -18.9%
CA Market -0% 0.5% 15.3% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • AOT underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • AOT underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
AOT
Industry
5yr Volatility vs Market

Value

 Is Ascot Resources 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ascot Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ascot Resources.

TSXV:AOT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:AOT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.16
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.164 (1 + (1- 26.5%) (0%))
1.11
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.11 * 5.96%)
8.56%

Discounted Cash Flow Calculation for TSXV:AOT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ascot Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:AOT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 8.56%)
2019 -20.00 Analyst x1 -18.43
2020 -89.35 Analyst x1 -75.81
2021 61.34 Analyst x1 47.94
2022 30.67 Analyst x1 22.08
2023 125.35 Analyst x1 83.13
2024 132.10 Est @ 5.39% 80.70
2025 137.85 Est @ 4.35% 77.57
2026 142.86 Est @ 3.63% 74.05
2027 147.32 Est @ 3.13% 70.34
2028 151.41 Est @ 2.77% 66.59
Present value of next 10 years cash flows CA$428.15
TSXV:AOT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$151.41 × (1 + 1.95%) ÷ (8.56% – 1.95%)
CA$2,333.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$2,333.66 ÷ (1 + 8.56%)10
CA$1,026.33
TSXV:AOT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$428.15 + CA$1,026.33
CA$1,454.48
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$1,454.48 / 174.38
CA$8.34
TSXV:AOT Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$8.34
Current discount Discount to share price of CA$0.90
= -1 x (CA$0.90 - CA$8.34) / CA$8.34
89.2%

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

Current Discount
Amount off the current price Ascot Resources is available for.
Intrinsic value
>50%
Share price is CA$0.9 vs Future cash flow value of CA$8.34
Current Discount Checks
For Ascot Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ascot Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ascot Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Ascot Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ascot Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:AOT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.08
TSXV:AOT Share Price ** TSXV (2019-03-22) in CAD CA$0.9
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.94x

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

** Primary Listing of Ascot Resources.

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

= TSXV:AOT Share Price ÷ EPS (both in CAD)

= 0.9 ÷ -0.08

-11.8x

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

  • Ascot Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Ascot Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ascot Resources's expected growth come at a high price?
Raw Data
TSXV:AOT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
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 Ascot Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ascot Resources's assets?
Raw Data
TSXV:AOT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.52
TSXV:AOT Share Price * TSXV (2019-03-22) in CAD CA$0.9
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:AOT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:AOT Share Price ÷ Book Value per Share (both in CAD)

= 0.9 ÷ 0.52

1.74x

* Primary Listing of Ascot Resources.

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

  • Ascot Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Ascot Resources'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. Ascot Resources has a total score of 2/6, 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 Ascot Resources expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ascot Resources expected to grow at an attractive rate?
  • Unable to compare Ascot Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ascot Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Ascot Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:AOT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
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:AOT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:AOT Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 373 172 1
2022-12-31 229 112 1
2021-12-31 191 91 1
2020-12-31 0 -12 1
2019-12-31 0 -8 1
2018-12-31
TSXV:AOT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -2 -11
2018-06-30 -3 -10
2018-03-31 -3 -9
2017-12-31 -3 -9
2017-09-30 -3 -5
2017-06-30 -2 -9
2017-03-31 -2 -8
2016-12-31 0 -6
2016-09-30 -1 -5
2016-06-30 -1 -1
2016-03-31 0 -1
2015-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ascot Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Ascot Resources 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:AOT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Ascot Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AOT Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2018-12-31
TSXV:AOT Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.08
2018-06-30 -0.07
2018-03-31 -0.06
2017-12-31 -0.06
2017-09-30 -0.04
2017-06-30 -0.06
2017-03-31 -0.06
2016-12-31 -0.05
2016-09-30 -0.04
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.01

*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 Ascot Resources will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Ascot Resources'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.
Ascot Resources 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 Ascot Resources 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 Ascot Resources'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.
  • Ascot Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ascot Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ascot Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Ascot Resources'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 Ascot Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AOT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -11.46 9.51
2018-06-30 -10.43 8.65
2018-03-31 -9.06 7.70
2017-12-31 -8.74 8.14
2017-09-30 -5.34 4.41
2017-06-30 -8.78 7.40
2017-03-31 -8.38 7.16
2016-12-31 -6.33 5.08
2016-09-30 -4.87 4.21
2016-06-30 -0.98 0.76
2016-03-31 -1.25 0.75
2015-12-31 -1.35 0.82
2015-09-30 -1.55 0.84
2015-06-30 -1.81 0.93
2015-03-31 -3.79 3.10
2014-12-31 -3.76 3.06
2014-09-30 -3.83 3.02
2014-06-30 -5.77 5.00
2014-03-31 -3.53 2.84
2013-12-31 -3.52 2.79
2013-09-30 -3.51 2.81
2013-06-30 -1.41 0.79
2013-03-31 -1.45 0.86
2012-12-31 -2.76 2.59
2012-09-30 -2.71 2.70
2012-06-30 -2.99 2.68
2012-03-31 -3.13 2.67

*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 Ascot Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ascot Resources 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 Ascot Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ascot Resources'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.
Ascot Resources 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 Ascot Resources'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 Ascot Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ascot Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ascot Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ascot Resources'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.
  • Ascot Resources has no debt, it does not need to be 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 Ascot Resources Company Filings, last reported 5 months ago.

TSXV:AOT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 80.45 0.00 11.00
2018-06-30 79.38 0.00 14.17
2018-03-31 80.75 0.00 20.51
2017-12-31 77.39 0.00 16.52
2017-09-30 78.07 0.00 18.80
2017-06-30 78.86 0.00 24.31
2017-03-31 72.22 0.00 29.09
2016-12-31 72.49 0.00 29.05
2016-09-30 66.59 0.00 23.31
2016-06-30 47.39 0.00 6.50
2016-03-31 43.55 0.00 3.99
2015-12-31 43.74 0.00 4.36
2015-09-30 37.01 0.00 5.26
2015-06-30 33.90 0.00 3.35
2015-03-31 34.30 0.00 4.52
2014-12-31 34.27 0.00 4.75
2014-09-30 33.80 0.00 5.97
2014-06-30 32.33 0.00 6.06
2014-03-31 29.63 0.00 2.97
2013-12-31 29.74 0.00 3.01
2013-09-30 30.05 0.00 4.47
2013-06-30 24.15 0.00 0.50
2013-03-31 24.54 0.00 0.97
2012-12-31 24.53 0.00 0.79
2012-09-30 25.10 0.00 3.76
2012-06-30 23.98 0.00 3.95
2012-03-31 23.00 0.00 4.83
  • Ascot Resources has no debt.
  • Ascot Resources has not taken on any debt in the past 5 years.
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.

  • Ascot Resources has less than a year of cash runway based on current free cash flow.
  • Ascot Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.5% each year.
X
Financial health checks
We assess Ascot Resources'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. Ascot Resources has a total score of 3/6, 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 Ascot Resources'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 Ascot Resources dividends. Estimated to be 0% next year.
If you bought CA$2,000 of Ascot Resources 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 Ascot Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ascot Resources'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:AOT 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 2 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 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

TSXV:AOT Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as Ascot Resources has not reported any payouts.
  • Unable to verify if Ascot Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ascot Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ascot Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Ascot Resources's dividends in 3 years as they are not expected to pay a notable one for Canada.
X
Income/ dividend checks
We assess Ascot Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Ascot Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ascot Resources 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 Ascot Resources'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
Derek White
COMPENSATION CA$4,888,848
AGE 55
TENURE AS CEO 1.4 years
CEO Bio

Mr. Derek C. White, B.A.Sc., C.A., has been the President and Chief Executive Officer of Ascot Resources Ltd. from October 2017. He was a Principal at Traxys Capital Partners LLP from October 2015 to October 2017. Mr. White serves as an Advisor of Delaware Power Systems Corporation. He is a self employed Business Consultant. Mr. White served as the Chief Executive Officer and President of KGHM International Ltd. from June 01, 2012 to October 1, 2015 and served as its Executive Vice President of Corporate Development since December 2007 until 2015. He served as the Chief Financial Officer of Grey Island Systems International Inc. He served as the Chief Financial Officer of KGHM International Ltd. from April 2004 to November 2007. He served as an Executive Vice President of Business Development of KGHM International Ltd. He is a Financial Professional with over 30 years of financial experience in the mining and metals industry. He served as the Chief Financial Officer of KGHM from April 2004 to November 2007. He also held the positions of Executive Vice President, Business Development and Chief Financial Officer of Quadra FNX Mining Ltd. from 2004 to 2012. He served as a Principal of BBIG Venture Capital. He joined Billiton International Metals BV in 1994, as part of the Gencor Ltd. acquisition team and held executive financial positions in The Hague, London and Toronto in Precious and Base metal operations, project and business development and exploration including as Chief Financial Officer of Gencor International Gold Division and the Billiton Base Metals Division from 1994 to June 2003. From January 2003 to March 2004, Mr. White served as the Chief Financial Officer of International Vision Direct Corp. and also served as its Financial Consultant from July 2003 to December 2003. He served as Chief Financial Officer of BHP Billton PLC from January 2001 to June 2002. Mr. White has held executive positions with International Vision Direct Ltd., BHP-Billiton Plc, Billiton International Metals BV and Impala Platinum Ltd., in Vancouver, Toronto, London, The Hague and Johannesburg. He served as the Financial Manager of Impala Platinium. He served as an Audit Manager for Coopers & Lybrand. He started his career in 1986 at Coopers & Lybrand LLC. In 1992, he joined Impala Platinum Ltd. and held financial management positions in both mine operations in South Africa and metals trading in London. He has been a Director of Orca Gold Inc. since March 6, 2017. Mr. White has been a Director of MAG Silver Corp. since October 16, 2007. He served as an Independent Director of Magellan Minerals Limited from March 1, 2006 to May 2016. He serves as a Member of Advisory Board of BCGold Corp. (Pan Andean Minerals Ltd.). Mr. White is also an ICSA Accredited Director. He serves as a Trustee of Seaview Family Trust. He served as an Independent Director of Oro Silver Resources Ltd. since January 9, 2007. He served as a Director of KGHM International Ltd. until October 1, 2015. He is Member of Advisory Board at Fremont Gold Ltd. He served as a Director of Pure Gold Mining Inc. from May 15, 2008 to July 12, 2013. Mr. White was also a director of Laurentian Goldfields Ltd. from 2008 to 2013. He served as a Director of Delaware Power Systems Corporation. Mr. White served as a Director of Yellowhead Mining Inc. He is the winner of the 2003 Ernst & Young LLP - Pacific Region Entrepreneur of the Year Award. He is a Chartered Accountant of The Canadian Institute of Chartered Accountants. Mr. White holds BA Sc in Geological Engineering from University of British Columbia in 1986.

CEO Compensation
  • Insufficient data for Derek to compare compensation growth.
  • Derek's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Ascot Resources management team in years:

1.4
Average Tenure
65
Average Age
  • The average tenure for the Ascot Resources management team is less than 2 years, this suggests a new team.
Management Team

Derek White

TITLE
President & CEO
COMPENSATION
CA$5M
AGE
55
TENURE
1.4 yrs

Carol Li

TITLE
Chief Financial Officer
COMPENSATION
CA$344K
TENURE
1.3 yrs

John Kiernan

TITLE
Chief Operating Officer
COMPENSATION
CA$759K
TENURE
1.4 yrs

Bob Evans

TITLE
Secretary
COMPENSATION
CA$295K
AGE
65
TENURE
29.9 yrs

John Swann

TITLE
Consultant
AGE
75
TENURE
1.2 yrs

Kristina Howe

TITLE
Vice President of Investor Relations
TENURE
1.3 yrs

Jody Harris

TITLE
Corporate Secretary
TENURE
1.3 yrs

Graeme Evans

TITLE
Consulting Geologist
TENURE
10.2 yrs
Board of Directors Tenure

Average tenure and age of the Ascot Resources board of directors in years:

1.4
Average Tenure
68
Average Age
  • The average tenure for the Ascot Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rick Zimmer

TITLE
Non-Executive Chairman
COMPENSATION
CA$245K
AGE
69
TENURE
1.4 yrs

Bob Evans

TITLE
Secretary
COMPENSATION
CA$295K
AGE
65
TENURE
29.9 yrs

Jim Stypula

TITLE
Independent Director
COMPENSATION
CA$243K
AGE
69
TENURE
1.4 yrs

Ken Carter

TITLE
Independent Director
COMPENSATION
CA$8K
AGE
70
TENURE
25.9 yrs

Greg Gibson

TITLE
Independent Director
COMPENSATION
CA$49K
AGE
56
TENURE
2.6 yrs

Don Njegovan

TITLE
Independent Director
COMPENSATION
CA$164K
AGE
47
TENURE
1.2 yrs

Bill Bennett

TITLE
Independent Director
COMPENSATION
CA$159K
AGE
68
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Ascot Resources'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. Ascot Resources 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

What Are The Drivers Of Ascot Resources Ltd's (CVE:AOT) Risks?

If you are a shareholder in Ascot Resources Ltd’s (CVE:AOT), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Broadly speaking, there are two types of risk you should consider when investing in stocks such as AOT. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

Is Ascot Resources Ltd's (TSXV:AOT) CEO Overpaid Relative To Its Peers?

Leading Ascot Resources Ltd (TSXV:AOT) as the CEO, Derek White took the company to a valuation of CADCA$242.22M. … Check out our latest analysis for Ascot Resources Did White create value? … Usually I would look at market cap and earnings as a proxy for performance, however, AOT's negative earnings lower the effectiveness of this method.

Simply Wall St -

Who Owns Most Of Ascot Resources Ltd (TSXV:AOT)?

View our latest analysis for Ascot Resources TSXV:AOT Ownership Summary Nov 10th 17 Institutional Ownership Due to the big order sizes of institutional investors, a company's shares can experience large, one-sided momentum, driven by high volume of shares removed from, or injected into, the market. … AOT hardly has any institutional ownership, leaving investors little to think about sharp price volatility in the stock that could take place due to institutional trading. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

Simply Wall St -

Company Info

Description

Ascot Resources Ltd., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in the United States and Canada. The company explores for gold, silver, copper, molybdenum, and other base metal deposits. Its flagship property include the Premier-Dilworth project located in north of Stewart, British Columbia. Ascot Resources Ltd. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Details
Name: Ascot Resources Ltd.
AOT
Exchange: TSXV
Founded: 1986
CA$156,940,144
174,377,938
Website: http://www.ascotgold.com
Address: Ascot Resources Ltd.
505 Burrard Street,
Suite 1550,
Vancouver,
British Columbia, V7X 1E5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AOT Common Shares TSX Venture Exchange CA CAD 02. Sep 1988
OTCPK AOTV.F Common Shares Pink Sheets LLC US USD 02. Sep 1988
DB BHQ Common Shares Deutsche Boerse AG DE EUR 02. Sep 1988
Number of employees
Current staff
Staff numbers
15
Ascot Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:33
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/21
Last earnings filing: 2018/11/26
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.