Executive Summary
AXMIN Inc., a development stage company, operates as a mineral exploration company in central and West Africa. More Details
Risk Analysis
+ 2 more risks
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Share Price & News
How has AXMIN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXM is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: AXM's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
Market Performance
7 Day Return
-6.7%
AXM
-5.8%
CA Metals and Mining
-0.5%
CA Market
1 Year Return
-76.3%
AXM
33.6%
CA Metals and Mining
1.7%
CA Market
Return vs Industry: AXM underperformed the Canadian Metals and Mining industry which returned 37.1% over the past year.
Return vs Market: AXM underperformed the Canadian Market which returned 2.6% over the past year.
Shareholder returns
| AXM | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.7% | -5.8% | -0.5% |
| 30 Day | -12.5% | -0.5% | 3.4% |
| 90 Day | -26.3% | -5.7% | 12.3% |
| 1 Year | -76.3%-76.3% | 34.7%33.6% | 5.3%1.7% |
| 3 Year | 100.0%100.0% | 36.2%33.4% | 13.0%2.3% |
| 5 Year | 600.0%600.0% | 176.5%167.8% | 66.2%40.7% |
Long-Term Price Volatility Vs. Market
How volatile is AXMIN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Before You Buy AXMIN Inc. (CVE:AXM), Consider Its Volatility10 months ago | Simply Wall St
The AXMIN (CVE:AXM) Share Price Gained 2550% And Shareholders Are Jubilant11 months ago | Simply Wall St
Before You Buy AXMIN Inc. (CVE:AXM), Consider Its VolatilityValuation
Is AXMIN undervalued compared to its fair value and its price relative to the market?
16.64x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AXM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AXM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AXM is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: AXM 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 AXM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXM is overvalued based on its PB Ratio (16.6x) compared to the CA Metals and Mining industry average (3x).
Next Steps
Future Growth
How is AXMIN 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 AXMIN 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
- Examine AXMIN'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.
- AXMIN competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has AXMIN performed over the past 5 years?
-23.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXM is currently unprofitable.
Growing Profit Margin: AXM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXM is unprofitable, and losses have increased over the past 5 years at a rate of 23.3% per year.
Accelerating Growth: Unable to compare AXM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (71.8%).
Return on Equity
High ROE: AXM has a negative Return on Equity (-232.27%), as it is currently unprofitable.
Next Steps
Financial Health
How is AXMIN's financial position?
Financial Position Analysis
Short Term Liabilities: AXM's short term assets ($743.2K) exceed its short term liabilities ($449.6K).
Long Term Liabilities: AXM's short term assets ($743.2K) exceed its long term liabilities ($87.8K).
Debt to Equity History and Analysis
Debt Level: AXM is debt free.
Reducing Debt: AXM currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: AXM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AXM has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.5% each year.
Next Steps
Dividend
What is AXMIN current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXM'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 AXM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXM'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 AXM'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 management tenure
CEO
Lucy Yan
7.58yrs
Tenure
US$303,539
Compensation
Ms. Xiaqing Yan, also known as Lucy, has been Interim Chief Financial Officer at AXMIN Inc. since March 2020. Ms. Yan has been the Chairman and Chief Executive Officer of Axmin Inc. since June 18, 2013 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.58yrs | US$303.54k | 1.08% $ 105.0k | |
| Vice President of Operations | 1yr | no data | no data | |
| Board Secretary & CEO Assistant | 1.75yrs | no data | no data | |
| Assistant to the Chief Executive Officer | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: AXM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.58yrs | US$303.54k | 1.08% $ 105.0k | |
| Independent Director | 7.75yrs | US$150.89k | 0.41% $ 39.4k | |
| Independent Director | 0.83yr | no data | no data |
7.6yrs
Average Tenure
Experienced Board: AXM's board of directors are considered experienced (7.6 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 2.8%.
Top Shareholders
Company Information
AXMIN Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: AXMIN Inc.
- Ticker: AXM
- Exchange: TSXV
- Founded:
- Industry: Gold
- Sector: Materials
- Market Cap: CA$9.691m
- Shares outstanding: 138.44m
- Website: https://www.axmininc.com
Location
- AXMIN Inc.
- 1111 Alberni Street
- Suite 2209
- Vancouver
- British Columbia
- V6E 4V2
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AXM | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Nov 2001 |
| A4JN | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 2001 |
| AXMI.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Nov 2001 |
Biography
AXMIN Inc., a development stage company, operates as a mineral exploration company in central and West Africa. The company explores for gold properties. Its primary assets is Passendro gold project located...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 23:24 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.