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.

Risks

  • Atico Mining is not covered by any analysts.

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

20.0%

TSXV:ATY

-0.4%

CA Metals and Mining

1.2%

CA Market


1 Year Return

-18.5%

TSXV:ATY

18.6%

CA Metals and Mining

-0.4%

CA Market

ATY underperformed the Metals and Mining industry which returned 21.6% over the past year.

ATY underperformed the Market in Canada which returned -0.3% over the past year.


Share holder returns

ATYIndustryMarket
7 Day20.0%-0.4%1.2%
30 Day15.8%-0.5%3.3%
90 Day17.9%6.3%0.8%
1 Year-18.5%-18.5%19.5%18.6%3.1%-0.4%
3 Year-37.7%-37.7%-14.4%-15.9%18.0%7.4%
5 Year-56.0%-56.0%0.6%-3.2%22.0%4.5%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Atico Mining's share price is below the future cash flow value, and at a moderate discount (> 20%).

Atico Mining's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Atico Mining is good value based on earnings compared to the CA Metals and Mining industry average.

Atico Mining is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Atico Mining, we can't assess if its growth is good value.


Price Based on Value of Assets

Atico Mining is good value based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Atico Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Atico Mining is high growth as no revenue estimate data is available.

Atico Mining's earnings are expected to grow by 13.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Atico Mining's revenue growth to the Canada market average as no estimate data is available.

Atico Mining's earnings growth is expected to exceed the Canada market average.

Atico Mining's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Atico Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


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

Atico Mining has delivered over 20% year on year earnings growth in the past 5 years.

Atico Mining's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Atico Mining's 1-year earnings growth is negative, it can't be compared to the CA Metals and Mining industry average.


Return on Equity

Atico Mining has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Atico Mining used its assets less efficiently than the CA Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Atico Mining has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Atico Mining's financial position?


Financial Position Analysis

Atico Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Atico Mining's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Atico Mining has no debt.

Atico Mining has no debt compared to 5 years ago when it was 32.3%.

Atico Mining has no debt, it does not need to be covered by operating cash flow.

Atico Mining has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Atico Mining has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Atico Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Atico Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Atico Mining has not reported any payouts.

Unable to verify if Atico Mining's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Atico Mining has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

7.4yrs

Average management tenure


CEO

Fernando Ganoza (46yo)

7.4yrs

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

Fernando's remuneration is higher than average for companies of similar size in Canada.

Fernando's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.4yrs

Average Tenure

47.5yo

Average Age

The average tenure for the Atico Mining management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.9yrs

Average Tenure

57yo

Average Age

The tenure for the Atico Mining board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


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
BuyUS$2,09002 Oct 18
Igor Dutina
EntityIndividual
Role
Head of Investor Relations
Investor Relations Representative
Shares5,500
Max PriceUS$0.38

Ownership Breakdown


Management Team

  • Kim Casswell (63yo)

    Corporate Secretary

    • Tenure: 8.3yrs
  • Alain Bureau (49yo)

    President

    • Tenure: 0yrs
  • Fernando Ganoza (46yo)

    CEO & Director

    • Tenure: 7.4yrs
    • 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: 3.6yrs
    • Compensation: US$90.99k

Board Members

  • Michael Winn (57yo)

    Director

    • Tenure: 8.5yrs
    • Compensation: US$55.19k
  • Jonathan Goodman (57yo)

    Director

    • Tenure: 0yrs
  • Mario Szotlender (58yo)

    Director

    • Tenure: 8.5yrs
    • Compensation: US$59.99k
  • Luis Ganoza Durant (48yo)

    Non-Executive Chairman

    • Tenure: 2.5yrs
    • Compensation: US$71.69k
  • Luis Francisco Sáenz (48yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$62.69k
  • Jorge Ganoza Aicardi (71yo)

    Director

    • Tenure: 8.5yrs
    • Compensation: US$477.04k
  • Fernando Ganoza (46yo)

    CEO & Director

    • Tenure: 7.4yrs
    • 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$32.506m
  • Shares outstanding: 98.50m
  • 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 Analysis2019/09/19 00:24
End of Day Share Price2019/09/18 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.