TSXV:AZT

Stock Analysis Report

Executive Summary

Aztec Minerals Corp. engages in the exploration of mineral resources in Canada, Mexico, and the United States.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Aztec Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AZT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

92.3%

AZT

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

-19.4%

AZT

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: AZT underperformed the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: AZT underperformed the Canadian Market which returned 2.5% over the past year.


Shareholder returns

AZTIndustryMarket
7 Day92.3%-1.5%-3.8%
30 Day92.3%3.2%-2.0%
90 Day108.3%10.2%-0.3%
1 Year-19.4%-19.4%5.6%4.9%3.7%0.5%
3 Yearn/a-1.9%-3.6%13.6%3.4%
5 Yearn/a28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Aztec Minerals undervalued compared to its fair value and its price relative to the market?

1.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AZT is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.7%

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 Aztec Minerals 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 Aztec Minerals performed over the past 5 years?

47.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AZT is currently unprofitable.

Growing Profit Margin: AZT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if AZT's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: AZT 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: AZT has a negative Return on Equity (-20.95%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Aztec Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: AZT's short term assets (CA$286.4K) exceed its short term liabilities (CA$40.9K).

Long Term Liabilities: AZT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AZT is debt free.

Reducing Debt: AZT has not had any debt for past 5 years.


Balance Sheet

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

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

Forecast Cash Runway: AZT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28.3% each year


Next Steps

Dividend

What is Aztec Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

3.6yrs

Average management tenure


CEO

Joey Wilkins (56yo)

3.5yrs

Tenure

CA$259,217

Compensation

Mr. Joseph Wilkins, B.Sc. & P.Geo., also known as Joey, has been Chief Executive Officer and President at Aztec Minerals Corp. since August 30, 2016. Since April 4, 2013, Mr. Wilkins has been President and ...


CEO Compensation Analysis

Compensation vs Market: Joey's total compensation ($USD195.30K) is about average for companies of similar size in the Canadian market ($USD154.48K).

Compensation vs Earnings: Joey's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bradford Cooke
Chairman3.1yrsCA$5.75k6.6% CA$269.8k
Joseph Wilkins
President & CEO3.5yrsCA$259.22k1.77% CA$72.4k
Philip Yee
VP of Finance & CFO3.6yrsCA$106.43k0.25% CA$10.0k
Stewart Lockwood
Corporate Secretary & Director12.6yrsCA$1.75k1.45% CA$59.1k

3.6yrs

Average Tenure

58.5yo

Average Age

Experienced Management: AZT's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bradford Cooke
Chairman3.1yrsCA$5.75k6.6% CA$269.8k
Stewart Lockwood
Corporate Secretary & Director12.6yrsCA$1.75k1.45% CA$59.1k
James Schilling
Independent Director3.3yrsCA$2.00k2.5% CA$102.0k
Jorge Varas
Independent Director3.6yrsCA$6.75k1.23% CA$50.1k
Mark Rebagliati
Independent Director3.6yrsCA$6.50k0.23% CA$9.4k

3.6yrs

Average Tenure

61yo

Average Age

Experienced Board: AZT's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AZT 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 4.5%.


Top Shareholders

Company Information

Aztec Minerals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aztec Minerals Corp.
  • Ticker: AZT
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.086m
  • Shares outstanding: 32.69m
  • Website: https://aztecminerals.com

Location

  • Aztec Minerals Corp.
  • 609 Granville Street
  • Suite 1130
  • Vancouver
  • British Columbia
  • V7Y 1G5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AZTTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2017
AZ3DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2017
AZZT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2017

Biography

Aztec Minerals Corp. engages in the exploration of mineral resources in Canada, Mexico, and the United States. It explores for gold, copper, silver, lead, and zinc deposits. Its principal asset is the Cervantes porphyry gold-copper property located in Sonora, Mexico. The company was incorporated in 2007 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:30
End of Day Share Price2020/02/25 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.