TSXV:APN

Stock Analysis Report

Executive Summary

Altiplano Metals Inc., a junior resource company, focuses on evaluating and acquiring exploration projects in Canada and internationally.

Risk Analysis

Earnings have declined by -39.43% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$5M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Altiplano Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: APN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

21.4%

APN

4.6%

CA Metals and Mining

0.2%

CA Market


1 Year Return

-43.3%

APN

4.5%

CA Metals and Mining

4.9%

CA Market

Return vs Industry: APN underperformed the Canadian Metals and Mining industry which returned 4.4% over the past year.

Return vs Market: APN underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

APNIndustryMarket
7 Day21.4%4.6%0.2%
30 Day6.3%3.7%0.4%
90 Day21.4%10.7%3.7%
1 Year-43.3%-43.3%5.1%4.5%8.2%4.9%
3 Year-52.8%-52.8%-5.4%-7.0%15.9%5.5%
5 Year21.4%21.4%26.4%22.6%33.8%14.3%

Price Volatility Vs. Market

How volatile is Altiplano Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Altiplano Metals undervalued compared to its fair value and its price relative to the market?

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate APN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate APN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: APN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: APN 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 APN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: APN is good value based on its PB Ratio (0.7x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Altiplano Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

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 Altiplano Metals 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 Altiplano Metals performed over the past 5 years?

-39.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APN is currently unprofitable.

Growing Profit Margin: APN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: APN is unprofitable, and losses have increased over the past 5 years at a rate of -39.4% per year.

Accelerating Growth: Unable to compare APN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: APN has a negative Return on Equity (-12.57%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Altiplano Metals's financial position?


Financial Position Analysis

Short Term Liabilities: APN's short term assets (CA$620.8K) do not cover its short term liabilities (CA$822.5K).

Long Term Liabilities: APN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: APN is debt free.

Reducing Debt: APN has not had any debt for past 5 years.


Balance Sheet

Inventory Level: APN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if APN'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: APN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: APN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -41.1% each year


Next Steps

Dividend

What is Altiplano Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate APN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate APN'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 APN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if APN'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 APN'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?

2.7yrs

Average management tenure


CEO

Alastair Mcintyre (57yo)

0.5yrs

Tenure

0

Mr. Alastair W. Mcintyre, B.Sc., B.COMM, has been Chief Executive Officer of Altiplano Metals Inc since August 1, 2019. He has been Member of Advisory Board at Benchmark Metals Inc since July 2019. He serv ...


Leadership Team

NamePositionTenureCompensationOwnership
John Williamson
Executive Chairman & President7.8yrsCA$158.33k4.94% CA$285.2k
Justin Bourassa Timms
CFO & Corporate Secretary6.5yrsCA$154.62k1% CA$57.9k
Jeremy Yaseniuk
Director of Corporate Development & Director2.9yrsCA$126.00k2.61% CA$150.4k
Alastair Mcintyre
Chief Executive Officer0.5yrsno data0.029% CA$1.7k
Sebastian Badilla C.
Operation Manager0yrsno datano data
Salvatore Peralta
Executive Officer1.8yrsno datano data

2.7yrs

Average Tenure

57yo

Average Age

Experienced Management: APN's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Williamson
Executive Chairman & President7.8yrsCA$158.33k4.94% CA$285.2k
Jeremy Yaseniuk
Director of Corporate Development & Director2.9yrsCA$126.00k2.61% CA$150.4k
Sean Mager
Independent Director9.3yrsCA$66.00k0.19% CA$11.2k
James Hutton
Independent Director2.7yrsCA$66.00kno data
Ian McPherson
Independent Director5.6yrsCA$66.00kno data
Eugene Puritch
Member of Technical Advisory Board2.7yrsno datano data

4.3yrs

Average Tenure

Experienced Board: APN's board of directors are considered experienced (4.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.7%.


Top Shareholders

Company Information

Altiplano Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Altiplano Metals Inc.
  • Ticker: APN
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$5.770m
  • Shares outstanding: 67.88m
  • Website: https://www.apnmetals.com

Location

  • Altiplano Metals Inc.
  • 10545 - 45 Avenue NW
  • Suite 300
  • Edmonton
  • Alberta
  • T6H 4M9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APNTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2011
9AJ1DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2011
ALTP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2011

Biography

Altiplano Metals Inc., a junior resource company, focuses on evaluating and acquiring exploration projects in Canada and internationally. It owns interests in the Farellon and Maria Luisa copper and gold projects located near the town of La Serena, Chile. The company was formerly known as Altiplano Minerals Ltd. Altiplano Metals Inc. was incorporated in 2010 and is headquartered in Edmonton, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 01:09
End of Day Share Price2020/02/18 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.