TSXV:AUX

Stock Analysis Report

Executive Summary

Auramex Resource Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada.

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$2M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-14.3%

AUX

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-33.3%

AUX

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: AUX underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.

Return vs Market: AUX underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

AUXIndustryMarket
7 Day-14.3%2.4%0.6%
30 Day-14.3%1.2%0.5%
90 Day0%6.6%3.6%
1 Year-33.3%-33.3%5.0%4.4%9.1%5.8%
3 Year-25.0%-25.0%-10.4%-11.9%15.4%5.0%
5 Year100.0%100.0%22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AUX is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.6%

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 Auramex Resource 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 Auramex Resource performed over the past 5 years?

36.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUX is currently unprofitable.

Growing Profit Margin: AUX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AUX is unprofitable, but has reduced losses over the past 5 years at a rate of 36.6% per year.

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

Earnings vs Industry: AUX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: AUX has a negative Return on Equity (-19.72%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Auramex Resource's financial position?


Financial Position Analysis

Short Term Liabilities: AUX's short term assets (CA$150.9K) do not cover its short term liabilities (CA$330.3K).

Long Term Liabilities: AUX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AUX is debt free.

Reducing Debt: AUX has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.


Balance Sheet

Inventory Level: AUX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AUX'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: AUX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AUX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.7% each year


Next Steps

Dividend

What is Auramex Resource's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

1.6yrs

Average management tenure


CEO

Lawrence Roulston (66yo)

2.2yrs

Tenure

CA$120,100

Compensation

Mr. Lawrence McKeen Roulston has been President and Chie Executive Officer of Mountain Boy Minerals Limited since June 27, 2018 and serves as its Director since December 15, 2017. Mr. Roulston serves as Pr ...


CEO Compensation Analysis

Compensation vs Market: Lawrence's total compensation ($USD90.63K) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Lawrence's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Lawrence Roulston
President2.2yrsCA$120.10k3.4% CA$58.5k
Michael O'Brien
CFO & Corporate Secretary1.6yrsCA$18.00kno data
Brenda Brannstrom
VP of Operations & Director1.8yrsCA$10.00k5.16% CA$88.7k
Paul Metcalfe
VP of Exploration & Director1.8yrsCA$42.93k2.67% CA$46.0k
Nancy Curry
Vice President of Corporate Communications0.5yrsno data1.79% CA$30.9k
Janice Davies
Corporate Secretary1.3yrsno datano data
Rodney Kirkham
Geological Consultant & Advisor10.6yrsno datano data
David Kennedy
Technical Advisor0yrsno datano data

1.6yrs

Average Tenure

Experienced Management: AUX's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Lawrence Roulston
President2.2yrsCA$120.10k3.4% CA$58.5k
Brenda Brannstrom
VP of Operations & Director1.8yrsCA$10.00k5.16% CA$88.7k
Paul Metcalfe
VP of Exploration & Director1.8yrsCA$42.93k2.67% CA$46.0k
Richard Savage
Independent Director0.6yrsno datano data

1.8yrs

Average Tenure

Experienced Board: AUX'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: 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 diluted in the past year, with total shares outstanding growing by 26%.


Top Shareholders

Company Information

Auramex Resource Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Auramex Resource Corp.
  • Ticker: AUX
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.721m
  • Shares outstanding: 57.35m
  • Website: https://www.auramex.com

Location

  • Auramex Resource Corp.
  • 250 Howe Street
  • 20th Floor
  • Vancouver
  • British Columbia
  • V6C 3R8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUXTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 1981
AUXR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 1981

Biography

Auramex Resource Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold and silver properties. The company holds interests in the Georgie River (GR) project covering 7,936 hectares; American Creek project covering 3024 hectares; Bear Pass project covering 6,400 hectares; Lower Bear project covering 3,836 hectares; and Tide North project covering 2,204 hectares located in Stewart gold camp in the Golden Triangle region of northwest British Columbia.. The company is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 23:32
End of Day Share Price2020/02/12 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.