TSXV:AUT

Stock Analysis Report

Executive Summary

Austin Resources Ltd. engages in the acquisition and exploration of mineral properties in Chile and Canada.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

AUT

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

20.0%

AUT

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: AUT exceeded the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: AUT exceeded the Canadian Market which returned -2% over the past year.


Shareholder returns

AUTIndustryMarket
7 Day0%-6.0%-6.2%
30 Day-36.8%-1.0%-5.0%
90 Dayn/a4.9%-2.8%
1 Year20.0%20.0%2.9%2.2%1.1%-2.0%
3 Year-52.0%-52.0%-2.8%-4.5%10.7%0.6%
5 Year-20.0%-20.0%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Austin Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Austin Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of AUT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Austin Resources regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

15.0%

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 Austin Resources 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 Austin Resources performed over the past 5 years?

16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUT is currently unprofitable.

Growing Profit Margin: AUT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AUT is unprofitable, but has reduced losses over the past 5 years at a rate of 16.9% per year.

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

Earnings vs Industry: AUT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: AUT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Austin Resources's financial position?


Financial Position Analysis

Short Term Liabilities: AUT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AUT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AUT is debt free.

Reducing Debt: AUT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: AUT has a low level of unsold assets or inventory.

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


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: AUT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AUT has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.8% each year.


Next Steps

Dividend

What is Austin Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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

4.5yrs

Average board tenure


CEO

Zhigang Xie 0

4.5yrs

Tenure

0

Mr. Zhigang Xie is President, Chief Executive Officer and Director of Austin Resources Ltd. since August 21, 2015. He is currently the President of China Nonferrous Metal Guilin Research Institute of Geolo ...


Board Members

NamePositionTenureCompensationOwnership
Zhigang Xie
President4.5yrsno datano data
Weimin Fu
Independent Director4.5yrsno datano data
Jiangping Mo
Independent Director2.4yrsno datano data

4.5yrs

Average Tenure

Experienced Board: AUT's board of directors are considered experienced (4.5 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.


Top Shareholders

Company Information

Austin Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Austin Resources Ltd.
  • Ticker: AUT
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.281m
  • Shares outstanding: 21.35m
  • Website: https://www.austinresources.ca

Location

  • Austin Resources Ltd.
  • Canadian Venture Building
  • Suite 204
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUTTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2012

Biography

Austin Resources Ltd. engages in the acquisition and exploration of mineral properties in Chile and Canada. The company explores for gold, copper, and iron deposits. It owns 100% interests in the Avril, Gloria, Withney, Caballo Cinco, Blanco Seis, and Blanco exploitation concessions and claims located near the town of La Higuera in Chile; and a 100% interest in Treasure property that consists of 35 claims located near Red Lake, Ontario. The company was formerly known as Azul Ventures Inc. and changed its name to Austin Resources Ltd. in September 2014. Austin Resources Ltd. is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:41
End of Day Share Price2020/02/11 00:00
Earnings2019/09/30
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.