TSXV:AXM

Stock Analysis Report

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Executive Summary

AXMIN Inc., a development stage company, operates as a mineral exploration company in central and West Africa. More Details


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

AXMIndustryMarket
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 Year100.0%100.0%36.2%33.4%13.0%2.3%
5 Year600.0%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Xiaqing Yan
Chairman7.58yrsUS$303.54k1.08%
$ 105.0k
Lifei Jiang
Vice President of Operations1yrno datano data
Jean Qian
Board Secretary & CEO Assistant1.75yrsno datano data
Celine Li
Assistant to the Chief Executive Officerno datano datano 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

NamePositionTenureCompensationOwnership
Xiaqing Yan
Chairman7.58yrsUS$303.54k1.08%
$ 105.0k
Kin Tai
Independent Director7.75yrsUS$150.89k0.41%
$ 39.4k
Terry Wong
Independent Director0.83yrno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AXMTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2001
A4JNDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2001
AXMI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 23:24
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
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.