TSXV:ATY

Stock Analysis Report

Executive Summary

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

How has Atico Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

ATY

0.1%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-11.4%

ATY

12.5%

CA Metals and Mining

1.5%

CA Market

Return vs Industry: ATY underperformed the Canadian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: ATY underperformed the Canadian Market which returned 1.5% over the past year.


Shareholder returns

ATYIndustryMarket
7 Day-3.1%0.1%-0.2%
30 Day-6.1%-6.0%-3.5%
90 Day6.9%-5.0%-1.8%
1 Year-11.4%-11.4%13.5%12.5%5.1%1.5%
3 Year-50.0%-50.0%-11.1%-12.8%13.3%3.2%
5 Year-48.3%-48.3%8.0%3.9%25.2%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Atico Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATY (CA$0.31) is trading below our estimate of fair value (CA$0.65)

Significantly Below Fair Value: ATY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATY is good value based on its PE Ratio (11.7x) compared to the Metals and Mining industry average (13.6x).

PE vs Market: ATY is good value based on its PE Ratio (11.7x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATY is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Atico Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATY's forecast earnings growth (12.8% per year) is above the savings rate (1.9%).

Earnings vs Market: ATY's earnings (12.8% per year) are forecast to grow slower than the Canadian market (13.6% per year).

High Growth Earnings: ATY's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATY's revenue (1.7% per year) is forecast to grow slower than the Canadian market (5.7% per year).

High Growth Revenue: ATY's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ATY's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Atico Mining performed over the past 5 years?

54.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ATY's earnings have grown significantly by 54.2% per year over the past 5 years.

Accelerating Growth: ATY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATY had negative earnings growth (-56.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (-13.7%).


Return on Equity

High ROE: ATY's Return on Equity (4.9%) is considered low.


Return on Assets

ROA vs Industry: ATY's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: ATY has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Atico Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ATY's short term assets ($20.6M) exceeds its short term liabilities ($11.4M)

Long Term Liabilities: ATY's short term assets (20.6M) exceeds its long term liabilities (17.6M)


Debt to Equity History and Analysis

Debt Level: ATY is debt free.

Reducing Debt: ATY has no debt compared to 5 years ago when its debt to equity ratio was 32.3%.

Debt Coverage: ATY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ATY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if ATY's debt is covered by short term assets.


Next Steps

Dividend

What is Atico Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if ATY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATY'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 ATY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Atico Mining's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average management tenure


CEO

Fernando Ganoza (46yo)

7.5yrs

Tenure

US$689,717

Compensation

Mr. Fernando E. Ganoza, B. SC. ENGINEERING, MBA has been the Chief Executive Officer at Atico Mining Corporation since April 24, 2012. Mr. Ganoza has over 15 years of management experience in Latin America ...


CEO Compensation Analysis

Compensation vs. Market: Fernando's total compensation ($USD689.72K) is about average for companies of similar size in the Canadian market ($USD131.81K).

Compensation vs Earnings: Fernando's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.6yrs

Average Tenure

47.5yo

Average Age

Experienced Management: ATY's management team is seasoned and experienced (5.6 years average tenure).


Board Age and Tenure

5.4yrs

Average Tenure

57yo

Average Age

Experienced Board: ATY's board of directors are considered experienced (5.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$3,12020 Dec 18
Igor Dutina
EntityIndividual
Role
Head of Investor Relations
Investor Relations Representative
Shares13,000
Max PriceUS$0.24

Ownership Breakdown


Management Team

  • Kim Casswell (63yo)

    Corporate Secretary

    • Tenure: 8.4yrs
  • Alain Bureau (49yo)

    President

    • Tenure: 0.08yrs
  • Fernando Ganoza (46yo)

    CEO & Director

    • Tenure: 7.5yrs
    • Compensation: US$689.72k
  • Igor Dutina

    Investor Relations Representative

    • Tenure: 0yrs
  • Joseph Salas

    Senior Exploration Manager

    • Tenure: 0yrs
  • Bill Tsang (35yo)

    Chief Financial Officer

    • Tenure: 3.7yrs
    • Compensation: US$90.99k

Board Members

  • Michael Winn (57yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$55.19k
  • Jonathan Goodman (57yo)

    Director

    • Tenure: 0.08yrs
  • Mario Szotlender (58yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$59.99k
  • Luis Ganoza Durant (48yo)

    Non-Executive Chairman

    • Tenure: 2.6yrs
    • Compensation: US$71.69k
  • Luis Francisco Sáenz (48yo)

    Director

    • Tenure: 5.4yrs
    • Compensation: US$62.69k
  • Jorge Ganoza Aicardi (71yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$477.04k
  • Fernando Ganoza (46yo)

    CEO & Director

    • Tenure: 7.5yrs
    • Compensation: US$689.72k

Company Information

Atico Mining Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atico Mining Corporation
  • Ticker: ATY
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$36.897m
  • Shares outstanding: 119.02m
  • Website: https://www.aticomining.com

Location

  • Atico Mining Corporation
  • 543 Granville Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 1X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATYTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2012
9AODB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2012
ATCM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2012

Biography

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver deposits. Its principal project is the E ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:18
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.