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Minera Alamos

TSXV:MAI
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAI
TSXV
CA$35M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Minera Alamos Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The last earnings update was 112 days ago. More info.


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MAI Share Price and Events
7 Day Returns
0%
TSXV:MAI
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-18.5%
TSXV:MAI
-5.9%
CA Metals and Mining
0.7%
CA Market
MAI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Minera Alamos (MAI) 0% -8.3% 15.8% -18.5% 0% -45%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • MAI underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • MAI underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
MAI
Industry
5yr Volatility vs Market

Value

 Is Minera Alamos undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Minera Alamos. This is due to cash flow or dividend data being unavailable. The share price is CA$0.11.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Minera Alamos's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Minera Alamos's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MAI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.13
TSXV:MAI Share Price ** TSXV (2019-03-20) in CAD CA$0.11
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Minera Alamos.

TSXV:MAI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:MAI Share Price ÷ EPS (both in CAD)

= 0.11 ÷ -0.13

-0.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Minera Alamos is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Minera Alamos is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Minera Alamos's expected growth come at a high price?
Raw Data
TSXV:MAI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Minera Alamos, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Minera Alamos's assets?
Raw Data
TSXV:MAI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.00
TSXV:MAI Share Price * TSXV (2019-03-20) in CAD CA$0.11
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:MAI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:MAI Share Price ÷ Book Value per Share (both in CAD)

= 0.11 ÷ 0.00

88.28x

* Primary Listing of Minera Alamos.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Minera Alamos is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Minera Alamos's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Minera Alamos has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Minera Alamos expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Minera Alamos 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Minera Alamos expected to grow at an attractive rate?
  • Unable to compare Minera Alamos's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Minera Alamos's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Minera Alamos's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MAI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:MAI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:MAI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -5 -28
2018-06-30 -4 -28
2018-03-31 -6 -7
2017-12-31 -5 -6
2017-09-30 -3 -5
2017-06-30 -2 -5
2017-03-31 -4 -6
2016-12-31 -3 -6
2016-09-30 -3 -4
2016-06-30 -3 -3
2016-03-31 -2 -2
2015-12-31 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Minera Alamos is high growth as no earnings estimate data is available.
  • Unable to determine if Minera Alamos is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:MAI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Minera Alamos Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MAI Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.13
2018-06-30 -0.15
2018-03-31 -0.05
2017-12-31 -0.05
2017-09-30 -0.05
2017-06-30 -0.06
2017-03-31 -0.08
2016-12-31 -0.08
2016-09-30 -0.06
2016-06-30 -0.05
2016-03-31 -0.05
2015-12-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Minera Alamos will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Minera Alamos'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.
  2. Minera Alamos's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Minera Alamos's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Minera Alamos's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Minera Alamos has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Minera Alamos performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Minera Alamos's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Minera Alamos does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Minera Alamos's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Minera Alamos's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Minera Alamos's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Minera Alamos Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MAI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -27.69 27.42
2018-06-30 -27.52 27.12
2018-03-31 -7.12 6.68
2017-12-31 -6.26 6.16
2017-09-30 -5.16 4.81
2017-06-30 -5.42 5.03
2017-03-31 -6.15 5.83
2016-12-31 -5.80 5.50
2016-09-30 -3.76 3.69
2016-06-30 -2.65 2.52
2016-03-31 -1.61 1.36
2015-12-31 -1.57 1.27
2015-09-30 -1.43 1.09
2015-06-30 -1.39 1.18
2015-03-31 -1.06 0.92
2014-12-31 -1.14 1.01
2014-09-30 -0.14 1.29
2014-06-30 0.13 1.01
2014-03-31 0.11 1.02
2013-12-31 0.03 1.02
2013-09-30 -1.81 1.48
2013-06-30 -2.05 1.73
2013-03-31 -2.08 1.78
2012-12-31 -2.03 1.77
2012-09-30 -2.22 1.13
2012-06-30 -2.18 1.13
2012-03-31 -2.16 1.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Minera Alamos has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Minera Alamos has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Minera Alamos improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Minera Alamos's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Minera Alamos has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Minera Alamos's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Minera Alamos's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Minera Alamos is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Minera Alamos's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Minera Alamos's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Minera Alamos has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Minera Alamos Company Filings, last reported 5 months ago.

TSXV:MAI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 0.38 0.00 1.11
2018-06-30 1.75 0.00 3.18
2018-03-31 1.14 0.00 2.46
2017-12-31 2.49 0.00 3.89
2017-09-30 5.24 0.00 6.70
2017-06-30 6.37 0.00 7.64
2017-03-31 -0.85 0.00 0.51
2016-12-31 -0.44 0.00 0.61
2016-09-30 1.94 0.00 1.24
2016-06-30 2.65 0.00 1.77
2016-03-31 0.25 0.00 0.65
2015-12-31 0.53 0.00 0.86
2015-09-30 0.88 0.00 1.20
2015-06-30 1.10 0.00 1.46
2015-03-31 -1.85 0.67 0.01
2014-12-31 -1.62 0.66 0.06
2014-09-30 -1.41 0.69 0.22
2014-06-30 -1.26 0.77 0.26
2014-03-31 -0.99 0.81 0.36
2013-12-31 -1.06 0.79 0.70
2013-09-30 17.50 1.30 0.01
2013-06-30 17.63 1.28 0.03
2013-03-31 17.71 1.26 0.27
2012-12-31 -1.72 1.24 0.08
2012-09-30 17.72 1.07 0.14
2012-06-30 17.78 0.95 0.17
2012-03-31 18.05 0.94 0.11
  • Minera Alamos has no debt.
  • Minera Alamos has no debt compared to 5 years ago when it was 7.5%.
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.

  • Minera Alamos has less than a year of cash runway based on current free cash flow.
  • Minera Alamos has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.1% each year.
X
Financial health checks
We assess Minera Alamos's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Minera Alamos has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Minera Alamos's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Minera Alamos dividends.
If you bought CA$2,000 of Minera Alamos shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Minera Alamos's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Minera Alamos's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:MAI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Minera Alamos has not reported any payouts.
  • Unable to verify if Minera Alamos's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Minera Alamos's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Minera Alamos has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Minera Alamos's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Minera Alamos afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Minera Alamos has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Minera Alamos's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Koningen
COMPENSATION CA$309,200
TENURE AS CEO 1.8 years
CEO Bio

Mr. Darren M. Koningen, P.Eng. & B.sc, has been Chief Executive Officer of Minera Alamos Inc. since May 31, 2017. Mr. Koningen has been the President of NWM Mining Corporation since May 21, 2013 and as its Chief Executive Officer since September 12, 2013. He was the President of Minera Alamos Inc. (former Name, Virgin Metals Inc.) since May 27, 2015. He served as Interim Chief Executive Officer of NWM Mining Corporation from June 4, 2013 to September 12, 2013. He served as Senior Technical Advisor at NWM Mining Corporation since November 2012 and its Chief Operating Officer from May 22, 2013 to June 4, 2013. He served as Vice President of Technical Services at Minera Alamos Inc since October 2010 and served as its Vice President of Project Development since September 2010. He served as a Vice President of Technical Services at Gowest Gold Ltd. since October 2009. He founded Castle Gold Corp. (now Argonaut Gold Inc.) and served as its Vice President of Operations and Engineering. He served as Vice President of Project Development of Castle Gold Corporation since April 24, 2008. Mr. Koningen served as Consulting Engineer at Firestone Ventures Inc. He served as a Technical Advisor of Gowest Gold Ltd. He served as Vice President of Operations for Morgain Minerals Inc. from August 28, 2007 to April 2008 and served as its Vice President of Engineering since November 2006 and was responsible for all Engineering activities in the development and construction of a heap-leach gold project in Central America. He served as Vice President of Engineering and Operations for Aurogin Resources Ltd., since October 2005. Mr. Koningen has over 20 years of global experience in the mining and metals industry and is well versed in mineral process development, feasibility studies, engineering design, project and field engineering, commissioning and plant operations. He has completed numerous gold processing engagements while employed as a Senior Process Engineer of Kvaerner Engineering and Construction and as an Independent Metallurgical Consultant from 2000 to 2005. He has been Director of NWM Mining Corporation since September 12, 2013. He has been an Independent Director of Norvista Capital Corporation since January 21, 2016. He has been a Director of Minera Alamos Inc since July, 2009. He served as Director of Castle Gold Corporation, from June 29, 2006 to June 30, 2008. He served as Member of Advisory Board at Norvista Capital Corporation. Mr. Koningen holds a Bachelor of Applied Science degree in Mineral Process Engineering from Queen's University in Ontario, Canada and is a Member of the Canadian Institute of Mining (CIM) and Society of Mining Engineers (SME).

CEO Compensation
  • Darren's compensation has increased whilst company is loss making.
  • Darren's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Minera Alamos management team in years:

1.7
Average Tenure
  • The average tenure for the Minera Alamos management team is less than 2 years, this suggests a new team.
Management Team

Darren Koningen

TITLE
CEO & Director
COMPENSATION
CA$309K
TENURE
1.8 yrs

Chris Chadder

TITLE
Chief Financial Officer
COMPENSATION
CA$375K
TENURE
1.7 yrs

Janet O’Donnell

TITLE
COMPENSATION
CA$14K
AGE
61
TENURE
1.6 yrs

Doug Ramshaw

TITLE
President & Director
AGE
60

Miguel Cardona

TITLE
Vice President of Exploration

Fernando Sotomayor

TITLE
Controller
Board of Directors Tenure

Average tenure and age of the Minera Alamos board of directors in years:

1.8
Average Tenure
66
Average Age
  • The average tenure for the Minera Alamos board of directors is less than 3 years, this suggests a new board.
Board of Directors

Darren Koningen

TITLE
CEO & Director
COMPENSATION
CA$309K
TENURE
9.7 yrs

Doug Ramshaw

TITLE
President & Director
AGE
60
TENURE
0.9 yrs

Duane Durham

TITLE
Director
COMPENSATION
CA$70K
AGE
66
TENURE
3.8 yrs

Ruben Padilla

TITLE
Director
COMPENSATION
CA$113K
TENURE
1.8 yrs

Chester Millar

TITLE
Director
AGE
89
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • Minera Alamos insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
27. Feb 19 Sell Chester Millar Individual 26. Feb 19 26. Feb 19 -114,750 CA$0.11 CA$-12,049
15. Feb 19 Buy Douglas Ramshaw Individual 15. Feb 19 15. Feb 19 145,000 CA$0.11 CA$15,950
14. Feb 19 Buy Douglas Ramshaw Individual 14. Feb 19 14. Feb 19 65,000 CA$0.11 CA$7,150
11. Feb 19 Buy Darren Koningen Individual 07. Feb 19 08. Feb 19 151,000 CA$0.11 CA$16,611
11. Feb 19 Sell Chester Millar Individual 06. Feb 19 08. Feb 19 -400,000 CA$0.12 CA$-44,592
07. Feb 19 Buy Douglas Ramshaw Individual 07. Feb 19 07. Feb 19 4,500 CA$0.11 CA$495
06. Feb 19 Buy Douglas Ramshaw Individual 06. Feb 19 06. Feb 19 65,500 CA$0.11 CA$7,205
05. Feb 19 Sell Chester Millar Individual 01. Feb 19 05. Feb 19 -100,000 CA$0.12 CA$-11,165
05. Feb 19 Buy Douglas Ramshaw Individual 05. Feb 19 05. Feb 19 7,000 CA$0.11 CA$770
04. Feb 19 Buy Douglas Ramshaw Individual 04. Feb 19 04. Feb 19 23,000 CA$0.11 CA$2,530
01. Feb 19 Buy Douglas Ramshaw Individual 01. Feb 19 01. Feb 19 50,000 CA$0.11 CA$5,500
29. Jan 19 Sell Chester Millar Individual 22. Jan 19 28. Jan 19 -400,000 CA$0.10 CA$-41,712
28. Jan 19 Buy Douglas Ramshaw Individual 28. Jan 19 28. Jan 19 250,000 CA$0.11 CA$26,250
23. Jan 19 Buy Douglas Ramshaw Individual 22. Jan 19 22. Jan 19 75,000 CA$0.10 CA$7,500
22. Jan 19 Buy Douglas Ramshaw Individual 22. Jan 19 22. Jan 19 25,000 CA$0.10 CA$2,500
14. Dec 18 Buy Douglas Ramshaw Individual 14. Dec 18 14. Dec 18 60,000 CA$0.10 CA$6,000
24. Aug 18 Buy Douglas Ramshaw Individual 24. Aug 18 24. Aug 18 150,000 CA$0.13 CA$18,750
14. Sep 18 Buy Douglas Ramshaw Individual 14. Sep 18 14. Sep 18 18,000 CA$0.11 CA$1,980
13. Sep 18 Buy Douglas Ramshaw Individual 12. Sep 18 12. Sep 18 82,000 CA$0.11 CA$9,020
12. Sep 18 Buy Douglas Ramshaw Individual 12. Sep 18 12. Sep 18 100,000 CA$0.12 CA$11,500
11. Sep 18 Buy Douglas Ramshaw Individual 11. Sep 18 11. Sep 18 100,000 CA$0.12 CA$12,000
30. Aug 18 Sell Chester Millar Individual 27. Aug 18 29. Aug 18 -323,000 CA$0.14 CA$-43,523
27. Aug 18 Buy Douglas Ramshaw Individual 27. Aug 18 27. Aug 18 100,000 CA$0.14 CA$14,000
23. Aug 18 Buy Douglas Ramshaw Individual 23. Aug 18 23. Aug 18 50,000 CA$0.13 CA$6,500
22. Aug 18 Buy Douglas Ramshaw Individual 22. Aug 18 22. Aug 18 69,500 CA$0.14 CA$9,382
21. Aug 18 Buy Darren Koningen Individual 20. Aug 18 20. Aug 18 50,000 CA$0.13 CA$6,750
21. Aug 18 Buy Douglas Ramshaw Individual 21. Aug 18 21. Aug 18 30,500 CA$0.14 CA$4,118
20. Aug 18 Buy Darren Koningen Individual 16. Aug 18 17. Aug 18 350,000 CA$0.14 CA$44,085
17. Aug 18 Buy Douglas Ramshaw Individual 17. Aug 18 17. Aug 18 100,000 CA$0.13 CA$13,000
16. Aug 18 Buy Douglas Ramshaw Individual 16. Aug 18 16. Aug 18 350,000 CA$0.13 CA$42,500
14. Jul 18 Buy Douglas Ramshaw Individual 13. Jul 18 13. Jul 18 85,500 CA$0.12 CA$10,260
16. Jul 18 Buy Douglas Ramshaw Individual 16. Jul 18 16. Jul 18 114,500 CA$0.12 CA$13,240
26. Jun 18 Buy Douglas Ramshaw Individual 25. Jun 18 26. Jun 18 100,000 CA$0.12 CA$11,497
08. Jun 18 Buy Douglas Ramshaw Individual 08. Jun 18 08. Jun 18 50,000 CA$0.13 CA$6,500
31. May 18 Buy Douglas Ramshaw Individual 29. May 18 31. May 18 50,000 CA$0.12 CA$6,250
23. May 18 Buy Douglas Ramshaw Individual 23. May 18 23. May 18 40,000 CA$0.13 CA$5,000
18. May 18 Buy Douglas Ramshaw Individual 18. May 18 18. May 18 30,000 CA$0.13 CA$3,750
16. May 18 Buy Douglas Ramshaw Individual 16. May 18 16. May 18 40,000 CA$0.12 CA$4,800
08. May 18 Buy Douglas Ramshaw Individual 08. May 18 08. May 18 20,000 CA$0.13 CA$2,500
07. May 18 Buy Douglas Ramshaw Individual 07. May 18 07. May 18 50,000 CA$0.13 CA$6,500
04. May 18 Buy Douglas Ramshaw Individual 04. May 18 04. May 18 75,000 CA$0.12 CA$9,000
03. May 18 Buy Douglas Ramshaw Individual 03. May 18 03. May 18 100,000 CA$0.12 CA$11,500
02. May 18 Buy Douglas Ramshaw Individual 02. May 18 02. May 18 100,000 CA$0.12 CA$12,000
01. May 18 Buy Douglas Ramshaw Individual 01. May 18 01. May 18 50,000 CA$0.13 CA$6,250
30. Apr 18 Buy Douglas Ramshaw Individual 30. Apr 18 30. Apr 18 60,000 CA$0.13 CA$7,800
24. Apr 18 Buy Douglas Ramshaw Individual 24. Apr 18 24. Apr 18 60,000 CA$0.14 CA$8,100
X
Management checks
We assess Minera Alamos's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Minera Alamos has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Minera Alamos Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico. It holds a 100% interest in the La Fortuna gold project consisting of 4 claims with an area of 994 hectares located in the state of Durango; Los Verdes project, a molybdenum-copper property comprising 15 mining concessions with a total area of 7,038 hectares situated in Sonora; and Santana gold project, covering an area of approximately 8,500 hectares located in the state of Sonora. The company has an option agreement to acquire Guadalupe de los Reyes gold-silver project covering an area of approximately 15,000 hectares located in Sinaloa. The company was formerly known as Virgin Metals Inc. and changed its name to Minera Alamos Inc. in May 2014. Minera Alamos Inc. was incorporated in 1934 and is headquartered in Toronto, Canada.

Details
Name: Minera Alamos Inc.
MAI
Exchange: TSXV
Founded: 1934
CA$35,226,522
320,241,113
Website: http://www.mineraalamos.com
Address: Minera Alamos Inc.
55 York Street East,
Suite 402,
Toronto,
Ontario, M5J 1R7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MAI Common Shares TSX Venture Exchange CA CAD 04. Jul 2006
OTCPK MAIF.F Common Shares Pink Sheets LLC US USD 04. Jul 2006
DB PYCP Common Shares Deutsche Boerse AG DE EUR 04. Jul 2006
Number of employees
Current staff
Staff numbers
0
Minera Alamos employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:06
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.