TSXV:AUMB

Stock Analysis Report

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Executive Summary

1911 Gold Corporation engages in the acquisition, exploration, development, and extraction of precious metals. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has 1911 Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AUMB is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: AUMB's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

4.3%

AUMB

5.0%

CA Metals and Mining

0.04%

CA Market


1 Year Return

88.5%

AUMB

40.9%

CA Metals and Mining

1.3%

CA Market

Return vs Industry: AUMB exceeded the Canadian Metals and Mining industry which returned 39.3% over the past year.

Return vs Market: AUMB exceeded the Canadian Market which returned 0.7% over the past year.


Shareholder returns

AUMBIndustryMarket
7 Day4.3%5.0%0.04%
30 Day-15.5%-3.1%10.9%
90 Day-27.9%-8.1%7.2%
1 Year88.5%88.5%42.1%40.9%5.0%1.3%
3 Yearn/a52.5%49.2%13.5%2.4%
5 Yearn/a150.6%143.0%54.2%30.5%

Long-Term Price Volatility Vs. Market

How volatile is 1911 Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 1911 Gold undervalued compared to its fair value and its price relative to the market?

0.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AUMB is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (2.7x).


Next Steps

Future Growth

How is 1911 Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.2%

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 1911 Gold 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 1911 Gold performed over the past 5 years?

41.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AUMB is currently unprofitable.

Growing Profit Margin: AUMB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if AUMB's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: AUMB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).


Return on Equity

High ROE: AUMB has a negative Return on Equity (-16.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is 1911 Gold's financial position?


Financial Position Analysis

Short Term Liabilities: AUMB's short term assets (CA$12.0M) exceed its short term liabilities (CA$2.6M).

Long Term Liabilities: AUMB's short term assets (CA$12.0M) exceed its long term liabilities (CA$2.8M).


Debt to Equity History and Analysis

Debt Level: AUMB is debt free.

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


Balance Sheet


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: AUMB has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AUMB has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 91.2% each year.


Next Steps

Dividend

What is 1911 Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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

1.8yrs

Average board tenure


CEO

Ron Clayton (61 yo)

1.92yrs

Tenure

CA$253,753

Compensation

Mr. Ronald W. Clayton, also Known as Ron, has been the President and Chief Executive Officer of 1911 Gold Corporation since January 15, 2019. He had been an Independent Director at Silver Elephant Mining C...


CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD196.14K) is about average for companies of similar size in the Canadian market ($USD166.28K).

Compensation vs Earnings: Insufficient data to compare Ron's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Ronald Clayton
President1.92yrsCA$253.75k1.47%
CA$ 331.4k
David Christensen
Independent Director0.33yrno data0.054%
CA$ 12.1k
Michael Hoffman
Independent Non-Executive Chairman0.92yrCA$27.50k0.43%
CA$ 96.5k
Shastri Ramnath
Independent Director1.83yrsCA$22.50k0.14%
CA$ 32.3k
James Haggarty
Independent Director2.58yrsCA$29.33k0.54%
CA$ 122.5k

1.8yrs

Average Tenure

57yo

Average Age

Experienced Board: AUMB's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AUMB 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 22.2%.


Top Shareholders

Company Information

1911 Gold Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 1911 Gold Corporation
  • Ticker: AUMB
  • Exchange: TSXV
  • Founded: 2018
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$22.502m
  • Shares outstanding: 46.40m
  • Website: https://www.1911gold.com

Location

  • 1911 Gold Corporation
  • 400 Burrard Street
  • Suite 1050
  • Vancouver
  • British Columbia
  • V6C 3A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUMBTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2018
AUMB.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2018

Biography

1911 Gold Corporation engages in the acquisition, exploration, development, and extraction of precious metals. The company primarily explores for gold. It owns interests in the True North mine and mill com...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 00:34
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.