1911 Gold Corporation engages in the acquisition, exploration, development, and extraction of precious metals. More Details
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
4 months ago | Simply Wall StIndependent Director Blair Schultz Just Bought 5.3% More Shares In 1911 Gold Corporation (CVE:AUMB)
5 months ago | Simply Wall StHere's Why We're Not Too Worried About 1911 Gold's (CVE:AUMB) Cash Burn Situation
6 months ago | Simply Wall StWhat Percentage Of 1911 Gold Corporation (CVE:AUMB) Shares Do Insiders Own?
Is 1911 Gold undervalued compared to its fair value and its price relative to the market?
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).
How is 1911 Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine 1911 Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 1911 Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has 1911 Gold performed over the past 5 years?
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.
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$2.8M).
Debt to Equity History and Analysis
Debt Level: AUMB is debt free.
Reducing Debt: AUMB has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AUMB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AUMB has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 91.2% each year.
What is 1911 Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AUMB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AUMB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AUMB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AUMB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AUMB's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ron Clayton (61 yo)
Mr. Ronald W. Clayton, also Known as Ron, has been the President and Chief Executive Officer of 1911 Gold Corporation since January 15, 2019. He had been an Independent Director at Silver Elephant Mining C...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($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.
|Independent Director||0.33yr||no data||0.054% |
|Independent Non-Executive Chairman||0.92yr||CA$27.50k||0.43% |
|Independent Director||1.83yrs||CA$22.50k||0.14% |
|Independent Director||2.58yrs||CA$29.33k||0.54% |
Experienced Board: AUMB's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.2%.
1911 Gold Corporation's company bio, employee growth, exchange listings and data sources
- 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
- 1911 Gold Corporation
- 400 Burrard Street
- Suite 1050
- British Columbia
- V6C 3A6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AUMB||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 2018|
|AUMB.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2018|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 00:34|
|End of Day Share Price||2020/12/02 00:00|
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.