Atico Mining Corporation
TSXV:ATY Stock Report
Atico Mining Past Earnings Performance Atico Mining's earnings have been declining at an average annual rate of -43.5%, while the Metals and Mining industry saw earnings growing at 21.6% annually. Revenues have been growing at an average rate of 1.8% per year.
Key information
-43.5%
Earnings growth rate
Metals and Mining Industry Growth 27.4% Revenue growth rate 1.8% Return on equity -10.3% Net Margin -9.8% Last Earnings Update 30 Jun 2024
Recent past performance updates
Second quarter 2024 earnings released: US$0.004 loss per share (vs US$0.001 loss in 2Q 2023) Aug 21
First quarter 2024 earnings released: US$0.004 loss per share (vs US$0.005 loss in 1Q 2023) May 22
Full year 2023 earnings released: US$0.047 loss per share (vs US$0.03 loss in FY 2022) Apr 17
Third quarter 2023 earnings released: US$0.009 loss per share (vs US$0.001 profit in 3Q 2022) Nov 17
Second quarter 2023 earnings released: US$0.001 loss per share (vs US$0.021 loss in 2Q 2022) Aug 16
Full year 2022 earnings released: US$0.03 loss per share (vs US$0.048 profit in FY 2021) Apr 19
Show all updates
Lacklustre Performance Is Driving Atico Mining Corporation's (CVE:ATY) Low P/S Oct 24
Second quarter 2024 earnings released: US$0.004 loss per share (vs US$0.001 loss in 2Q 2023) Aug 21
Why Investors Shouldn't Be Surprised By Atico Mining Corporation's (CVE:ATY) 28% Share Price Plunge Jun 30
Does Atico Mining (CVE:ATY) Have A Healthy Balance Sheet? Jun 15
First quarter 2024 earnings released: US$0.004 loss per share (vs US$0.005 loss in 1Q 2023) May 22
Atico Updates Mineral Reserves and Resources for the El Roble Mine in Colombia Apr 30
Price target increased by 31% to CA$0.53 Apr 30
Full year 2023 earnings released: US$0.047 loss per share (vs US$0.03 loss in FY 2022) Apr 17
Atico Mining Corporation, Annual General Meeting, Jun 18, 2024 Apr 06
Atico Mining Corporation (CVE:ATY) Surges 30% Yet Its Low P/S Is No Reason For Excitement Apr 05
Atico Mining Corporation Announces Positive Results for the Latest 49 Drill Holes Being Carried Out in an Area of Historical Mining to Expand Tonnage At the El Roble Mine Apr 05
Now 22% overvalued after recent price rise Apr 01
Now 23% overvalued after recent price rise Mar 08
Estimating The Fair Value Of Atico Mining Corporation (CVE:ATY) Feb 18
Atico Mining Corporation Announces Additional Positive Results for the Exploration Program Initiated in 2023 Being Carried Out in an Area of Historical Mining to Expand Tonnage At the El Roble Mine Feb 06
Now 23% undervalued after recent price drop Jan 31
Now 23% undervalued after recent price drop Dec 19
New minor risk - Share price stability Dec 07
New major risk - Market cap size Dec 01
Now 21% undervalued after recent price drop Nov 27
Atico Mining Corporation Announces Constitutional Court Ruling Allows Continuation of the Environmental Consultation Process for Atico's La Plata Copper-Gold Project in Ecuador Nov 21
Third quarter 2023 earnings released: US$0.009 loss per share (vs US$0.001 profit in 3Q 2022) Nov 17
Estimating The Fair Value Of Atico Mining Corporation (CVE:ATY) Oct 31
Price target decreased by 27% to CA$0.55 Oct 05
These 4 Measures Indicate That Atico Mining (CVE:ATY) Is Using Debt In A Risky Way Sep 14
Second quarter 2023 earnings released: US$0.001 loss per share (vs US$0.021 loss in 2Q 2022) Aug 16
Are Atico Mining Corporation (CVE:ATY) Investors Paying Above The Intrinsic Value? Jul 29
Atico Mining Corporation Announces Additional Positive Results for Exploration Program Being Carried Out in Area of Historical Mining to Expand Tonnage at El Roble Mine Jul 14
Atico Mining Corporation Extends Ore Body at El Roble Mine in Colombia with Initial Intercepts up to 24.3m of 3.70% Cu, 8.40g/t Au, including 7.3m of 6.41% Cu and 20.00g/t Au May 24
Price target decreased by 12% to CA$0.77 May 24
Price target decreased by 7.5% to CA$0.82 May 20
Full year 2022 earnings released: US$0.03 loss per share (vs US$0.048 profit in FY 2021) Apr 19
Atico Mining Initiates Regional Drill Campaign at El Roble Mine, Colombia Feb 15
Price target decreased by 8.9% to CA$0.85 Jan 24
Atico Mining Corporation Provides Production Guidance for the Fiscal 2023 Jan 24
Is Atico Mining (CVE:ATY) A Risky Investment? Jan 12
Third quarter 2022 earnings released: EPS: US$0.001 (vs US$0.055 in 3Q 2021) Nov 17
Less than half of directors are independent Nov 16
Is Atico Mining (CVE:ATY) A Risky Investment? Aug 31
Second quarter 2022 earnings released: US$0.021 loss per share (vs US$0.004 profit in 2Q 2021) Aug 19
Price target decreased to CA$0.93 Jul 22
Atico Mining Corporation Obtains the Certificate of Viability for the Tailing and Barren Rock Storage Facilities for La Plata Project in Ecuador Jun 09
These 4 Measures Indicate That Atico Mining (CVE:ATY) Is Using Debt Reasonably Well May 22
Atico Mining Corporation Announces EIA Approval for its 100% Owned La Plata Project in Ecuador May 20
Less than half of directors are independent Apr 27
Atico Mining Corporation, Annual General Meeting, Jun 14, 2022 Apr 02
Atico Mining Corporation Receives Government’s Approval of Mining Regime Modification for the La Plata Project in Ecuador Feb 24
Is Atico Mining (CVE:ATY) Using Too Much Debt? Feb 17
Atico Mining Corporation Provides Production Guidance for the Fiscal 2022 Feb 02
Price target decreased to CA$1.12 Jan 08
Price target decreased to CA$1.22 Nov 22
Third quarter 2021 earnings released: EPS US$0.055 (vs US$0.013 in 3Q 2020) Nov 20
Atico Mining (CVE:ATY) Has A Rock Solid Balance Sheet Nov 17
Second quarter 2021 earnings released: EPS US$0.004 (vs US$0.009 in 2Q 2020) Aug 18
These 4 Measures Indicate That Atico Mining (CVE:ATY) Is Using Debt Reasonably Well Aug 10
Atico Mining Corporation Reports Latest Results of Drilling Program At the La Plata High-Grade Volcanogenic Massive Sulphide Project in Ecuador Jul 16
Chief Financial Officer William Tsang has left the company Jul 13
It's Unlikely That Atico Mining Corporation's (CVE:ATY) CEO Will See A Huge Pay Rise This Year Jun 09
First quarter 2021 earnings released: EPS US$0.008 (vs US$0.012 loss in 1Q 2020) May 23
Atico Mining Corporation Announces to Report on the Latest Results of Its 2021 Drilling Program At the La Plata Precious Metals-Rich Volcanogenic Massive Sulphide Project in Ecuador May 07 Atico Mining Corporation Restarts Mining Operations At El Roble, Intercepts Massive Sulfide Extension At La Plata and Provides Exploration Plans for 2021
Atico Mining Corporation Announces Temporary Work Stoppage at El Roble Mine Feb 18
Atico Mining Corporation Updates Mineral Reserves and Resources for the El Roble Mine in Colombia Feb 05
Atico Continues to Expand Footprint with High Grade Copper-Gold Intercepts at La Plata Project, Ecuador Jan 28
Can You Imagine How Jubilant Atico Mining's (CVE:ATY) Shareholders Feel About Its 125% Share Price Gain? Jan 21
Atico Mining Corporation announced that it has received $6.5 million in funding from Dundee Corporation Dec 18
Price target raised to CA$1.08 Dec 17
Is Atico Mining (CVE:ATY) A Risky Investment? Nov 30
Third quarter 2020 earnings released: EPS US$0.013 Nov 21
Atico Mining Corporation Continues to Intercept High Grades Including 204 g/t Au, 486 g/t Ag and 17% Cu, Over 1.45 Meters and Confirms Third VMS Lens at La Plata, Ecuador Nov 06
New 90-day low: CA$0.41 Oct 27
Price target raised to CA$1.05 Sep 18
New 90-day high - CA$0.63 Aug 28
Earnings released Aug 14
Price target raised to CA$0.90 Aug 14
Are Atico Mining's (CVE:ATY) Statutory Earnings A Good Reflection Of Its Earnings Potential? Aug 07
New 90-day high - CA$0.54 Aug 06
Price target raised to CA$0.80 Jul 17
Revenue & Expenses Breakdown
How Atico Mining makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History TSXV:ATY Revenue, expenses and earnings (USD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 61 -6 6 0 31 Mar 24 63 -6 6 0 31 Dec 23 58 -6 6 0 30 Sep 23 56 -6 7 0 30 Jun 23 64 -5 7 0 31 Mar 23 57 -8 7 0 31 Dec 22 65 -4 7 0 30 Sep 22 57 -1 7 0 30 Jun 22 66 5 7 0 31 Mar 22 74 8 6 0 31 Dec 21 73 6 7 0 30 Sep 21 90 14 6 0 30 Jun 21 72 9 6 0 31 Mar 21 71 10 6 0 31 Dec 20 60 7 5 0 30 Sep 20 58 6 5 0 30 Jun 20 54 4 5 0 31 Mar 20 48 2 5 0 31 Dec 19 61 6 5 0 30 Sep 19 50 -1 4 0 30 Jun 19 55 2 4 0 31 Mar 19 68 5 4 0 31 Dec 18 55 3 4 0 30 Sep 18 56 6 2 0 30 Jun 18 53 5 3 0 31 Mar 18 47 3 3 0 31 Dec 17 57 3 4 0 30 Sep 17 54 2 7 0 30 Jun 17 54 1 7 0 31 Mar 17 43 0 7 0 31 Dec 16 38 0 7 0 30 Sep 16 34 -1 7 0 30 Jun 16 33 -1 6 0 31 Mar 16 35 0 6 0 31 Dec 15 37 0 6 0 30 Sep 15 39 -1 6 0 30 Jun 15 35 -1 6 0 31 Mar 15 37 0 6 0 31 Dec 14 25 -3 6 0 30 Sep 14 17 2 5 0 30 Jun 14 10 1 5 0 31 Mar 14 2 1 4 0
Quality Earnings: ATY is currently unprofitable.
Growing Profit Margin: ATY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ATY is unprofitable, and losses have increased over the past 5 years at a rate of 43.5% per year.
Accelerating Growth: Unable to compare ATY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18%).
Return on Equity
High ROE: ATY has a negative Return on Equity (-10.25%), as it is currently unprofitable.
Return on Capital Employed
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