TSXV:AUN

Stock Analysis Report

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Executive Summary

Aurcana Corporation engages in the exploration, development, and operation of natural resource properties.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AUN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.0%

AUN

2.6%

CA Metals and Mining

1.5%

CA Market


1 Year Return

123.5%

AUN

34.6%

CA Metals and Mining

-11.5%

CA Market

Return vs Industry: AUN exceeded the Canadian Metals and Mining industry which returned 31.4% over the past year.

Return vs Market: AUN exceeded the Canadian Market which returned -12.4% over the past year.


Shareholder returns

AUNIndustryMarket
7 Day-5.0%2.6%1.5%
30 Day-5.0%14.0%-2.3%
90 Day100.0%45.4%12.2%
1 Year123.5%123.5%35.6%34.6%-8.4%-11.5%
3 Yearn/a32.4%30.2%4.4%-5.5%
5 Yearn/a87.9%82.8%21.9%3.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AUN is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (2.2x).


Next Steps

Future Growth

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

20.5%

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 Aurcana 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 Aurcana performed over the past 5 years?

41.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUN is currently unprofitable.

Growing Profit Margin: AUN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AUN is unprofitable, but has reduced losses over the past 5 years at a rate of 41% per year.

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

Earnings vs Industry: AUN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).


Return on Equity

High ROE: AUN has a negative Return on Equity (-10.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aurcana's financial position?


Financial Position Analysis

Short Term Liabilities: AUN's short term assets ($6.4M) exceed its short term liabilities ($358.1K).

Long Term Liabilities: AUN's short term assets ($6.4M) exceed its long term liabilities ($1.2M).


Debt to Equity History and Analysis

Debt Level: AUN is debt free.

Reducing Debt: AUN had no debt 5 years ago.


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: AUN has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AUN is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Aurcana current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AUN'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 AUN's dividends per share have been stable in the past.

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

1.0yrs

Average management tenure


CEO

Kevin Drover (67yo)

5yrs

Tenure

US$360,000

Compensation

Mr. Kevin Cameron Drover is President, Chief Executive Officer and Director of Ouray Silver Mines, Inc. Mr. Drover has been Chief Executive Officer and President of Aurcana Corporation since July 9, 2014 a ...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD173.14K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Drover
President5yrsUS$360.00k0.44% $508.0k
Charles Andrews
Chief Financial Officer0.50yrno datano data
Brian Briggs
Chief Operating Officer1.5yrsno datano data
Val Practico
Chief Geologist0.50yrno datano data
Donna Moroney
Corporate Secretaryno datano data0.045% $51.9k

1.0yrs

Average Tenure

66yo

Average Age

Experienced Management: AUN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kevin Drover
President5yrsUS$360.00k0.44% $508.0k
Michael Gross
Independent Director1.58yrsno datano data
Peter Fairfield
Director0.25yrno datano data
David Kaplan
Director1.58yrsno data0.27% $311.5k
Elliot Rothstein
Director1.58yrsno data0.27% $311.5k

1.6yrs

Average Tenure

67yo

Average Age

Experienced Board: AUN's board of directors are not considered experienced ( 1.6 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: Insufficient data to determine if 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 substantially diluted in the past year, with total shares outstanding growing by 68.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Aurcana Corporation
  • Ticker: AUN
  • Exchange: TSXV
  • Founded:
  • Industry: Silver
  • Sector: Materials
  • Market Cap: CA$115.475m
  • Shares outstanding: 195.72m
  • Website: https://www.aurcana.com

Location

  • Aurcana Corporation
  • 789 West Pender Street
  • Suite 850
  • Vancouver
  • British Columbia
  • V6C 1H2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUNTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2018
AUNF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2018
UHY0DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2018

Biography

Aurcana Corporation engages in the exploration, development, and operation of natural resource properties. The company primarily explores for silver, as well as for gold, lead, copper, and zinc deposits. It owns the Revenue-Virginius Mine located in Colorado; and the Shafter-Presidio silver property located in Texas, the United States. Aurcana Corporation is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 00:12
End of Day Share Price2020/07/06 00:00
Earnings2020/03/31
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.