Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada.
+ 2 more risks
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Azimut Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZM's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: AZM exceeded the Canadian Metals and Mining industry which returned -6.3% over the past year.
Return vs Market: AZM exceeded the Canadian Market which returned -22% over the past year.
Price Volatility Vs. Market
How volatile is Azimut Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StNeed To Know: Azimut Exploration Inc. (CVE:AZM) Insiders Have Been Buying Shares
2 months ago | Simply Wall StCould The Azimut Exploration Inc. (CVE:AZM) Ownership Structure Tell Us Something Useful?
3 months ago | Simply Wall StIf You Had Bought Azimut Exploration (CVE:AZM) Stock Five Years Ago, You Could Pocket A 197% Gain Today
Is Azimut Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AZM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AZM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AZM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: AZM 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 AZM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AZM is overvalued based on its PB Ratio (8.1x) compared to the CA Metals and Mining industry average (1.1x).
How is Azimut Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Azimut Exploration 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.
- Examine Azimut Exploration'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.
- Azimut Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Azimut Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZM is currently unprofitable.
Growing Profit Margin: AZM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AZM is unprofitable, but has reduced losses over the past 5 years at a rate of 35.7% per year.
Accelerating Growth: Unable to compare AZM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AZM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.4%).
Return on Equity
High ROE: AZM has a negative Return on Equity (-12.2%), as it is currently unprofitable.
How is Azimut Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: AZM's short term assets (CA$1.4M) exceed its short term liabilities (CA$887.0K).
Long Term Liabilities: AZM's short term assets (CA$1.4M) exceed its long term liabilities (CA$382.3K).
Debt to Equity History and Analysis
Debt Level: AZM is debt free.
Reducing Debt: AZM had no debt 5 years ago.
Inventory Level: AZM has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if AZM'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: AZM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AZM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -36.4% each year
What is Azimut Exploration's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AZM'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 AZM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZM'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 AZM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Jean-Marc Lulin, Ph.D., P.Geo. has been the Chief Executive Officer and President of Azimut Exploration Inc. since June 5, 2003. Dr. Lulin developed and implemented a mineral potential targeting method ...
CEO Compensation Analysis
Compensation vs Market: Jean-Marc's total compensation ($USD132.87K) is about average for companies of similar size in the Canadian market ($USD156.92K).
Compensation vs Earnings: Jean-Marc's compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||13.92yrs||CA$130.68k||0.12% CA$88.0k|
|Legal Counsel||no data||no data||no data|
|Chief Geologist Exploration||1.92yrs||no data||no data|
|Vice President||no data||no data||no data|
Experienced Management: AZM's management team is seasoned and experienced (13.9 years average tenure).
|Independent Director||16.75yrs||CA$9.00k||1.3% CA$933.5k|
|Director||0.083yr||no data||no data|
|Independent Director||7.83yrs||CA$7.72k||0.24% CA$171.0k|
|Independent Director||16.17yrs||CA$7.00k||0.18% CA$132.0k|
|Independent Director||1.92yrs||CA$7.00k||0.077% CA$55.0k|
|Independent Director||2.08yrs||CA$7.00k||0.057% CA$41.1k|
Experienced Board: AZM's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AZM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11%.
Azimut Exploration Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Azimut Exploration Inc.
- Ticker: AZM
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$71.773m
- Shares outstanding: 65.25m
- Website: https://www.azimut-exploration.com
- Azimut Exploration Inc.
- 110, De la Barre Street
- Suite 224
- J4K 1A3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AZM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 1990|
|UL9||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1990|
|AZMT.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1990|
Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for copper, gold, zinc, silver, cobalt, tungsten, rare earth elements, uranium, chromium, nickel, and platinum group elements, as well as base metals. The company holds interests in the Kaanaayaa Property comprises 390 claims covering 200.5 square kilometers located in the James Bay region of Quebec. As of December 21, 2018, it holds interests in 29 exploration properties comprising 7,414 claims located in the Nunavik, Ungava Bay, and James Bay regions, Canada. The company has strategic alliance with Société Québécoise d'Exploration Minière to identify, acquire, and explore prospective gold targets; and SOQUEM Inc. Azimut Exploration Inc. is headquartered in Longueuil, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 00:32|
|End of Day Share Price||2020/03/27 00:00|
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.