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Abitibi Royalties

TSXV:RZZ
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RZZ
TSXV
CA$165M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Abitibi Royalties Inc. engages in exploring, evaluating, and promoting mineral properties and other projects in Canada. The last earnings update was 122 days ago. More info.


Add to Portfolio Compare Print
  • Abitibi Royalties has significant price volatility in the past 3 months.
RZZ Share Price and Events
7 Day Returns
5.8%
TSXV:RZZ
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
35.8%
TSXV:RZZ
-7%
CA Metals and Mining
-0.2%
CA Market
RZZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Abitibi Royalties (RZZ) 5.8% 2.4% 44.4% 35.8% 251.3% 2301.8%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • RZZ outperformed the Metals and Mining industry which returned -7% over the past year.
  • RZZ outperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
RZZ
Industry
5yr Volatility vs Market

RZZ Value

 Is Abitibi Royalties 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 Abitibi Royalties. This is due to cash flow or dividend data being unavailable. The share price is CA$13.21.
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 Abitibi Royalties's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Abitibi Royalties's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:RZZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.45
TSXV:RZZ Share Price ** TSXV (2019-03-13) in CAD CA$13.21
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

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

** Primary Listing of Abitibi Royalties.

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

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

= 13.21 ÷ -0.45

-29.44x

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

  • Abitibi Royalties is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Abitibi Royalties is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Abitibi Royalties's expected growth come at a high price?
Raw Data
TSXV:RZZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -29.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
40.8%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 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 Abitibi Royalties, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Abitibi Royalties's assets?
Raw Data
TSXV:RZZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$2.35
TSXV:RZZ Share Price * TSXV (2019-03-13) in CAD CA$13.21
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:RZZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 13.21 ÷ 2.35

5.61x

* Primary Listing of Abitibi Royalties.

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

  • Abitibi Royalties is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Abitibi Royalties'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. Abitibi Royalties 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.

RZZ Future Performance

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

  • No analysts cover Abitibi Royalties, future earnings growth has been estimated based on fundamentals.
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
40.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Abitibi Royalties expected to grow at an attractive rate?
  • Abitibi Royalties's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Abitibi Royalties's earnings growth is expected to exceed the Canada market average.
  • Unable to compare Abitibi Royalties's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:RZZ Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:RZZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 40.8%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:RZZ 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:RZZ Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 -4 -5
2018-06-30 0 -2 3
2018-03-31 0 -2 -2
2017-12-31 0 -1 0
2017-09-30 0 -2 -12
2017-06-30 0 -2 -13
2017-03-31 0 -1 2
2016-12-31 0 -1 14
2016-09-30 0 -1 24
2016-06-30 0 -1 22
2016-03-31 0 0 4
2015-12-31 0 -1 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Abitibi Royalties's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Abitibi Royalties 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:RZZ 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 Abitibi Royalties Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:RZZ Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.45
2018-06-30 0.24
2018-03-31 -0.14
2017-12-31 -0.02
2017-09-30 -1.04
2017-06-30 -1.16
2017-03-31 0.17
2016-12-31 1.24
2016-09-30 2.21
2016-06-30 1.97
2016-03-31 0.36
2015-12-31 1.64

*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 Abitibi Royalties will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Abitibi Royalties'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.
Abitibi Royalties has a total score of 3/6, 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.

RZZ Past Performance

  How has Abitibi Royalties 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 Abitibi Royalties'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.
  • Abitibi Royalties does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Abitibi Royalties's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Abitibi Royalties's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Abitibi Royalties'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 Abitibi Royalties Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:RZZ 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 0.00 -5.25 2.72
2018-06-30 0.00 2.70 2.81
2018-03-31 0.00 -1.63 2.20
2017-12-31 0.00 -0.20 2.55
2017-09-30 0.00 -11.76 2.91
2017-06-30 0.00 -13.18 2.75
2017-03-31 0.00 1.88 2.63
2016-12-31 0.00 13.86 2.67
2016-09-30 0.03 24.44 1.79
2016-06-30 0.08 21.53 1.73
2016-03-31 0.10 3.88 1.65
2015-12-31 0.35 17.76 1.09
2015-09-30 0.32 14.82 2.90
2015-06-30 0.27 18.93 3.19
2015-03-31 0.25 22.06 3.56
2014-12-31 -3.42 3.42
2014-09-30 -1.62 1.62
2014-06-30 -1.40 1.40
2014-03-31 -0.80 0.80
2013-12-31 -0.72 0.72
2013-09-30 -0.50 0.50
2013-06-30 -0.21 0.21
2013-03-31 -0.21 0.21
2012-12-31 -0.22 0.22
2012-09-30 -0.22 0.22
2012-06-30 -1.74 1.74
2012-03-31 -1.68 1.68

*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 Abitibi Royalties has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Abitibi Royalties 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 Abitibi Royalties 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 Abitibi Royalties'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.
Abitibi Royalties 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.

RZZ Health

 How is Abitibi Royalties'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 Abitibi Royalties's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Abitibi Royalties is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Abitibi Royalties's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Abitibi Royalties'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.
  • Abitibi Royalties 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 Abitibi Royalties Company Filings, last reported 5 months ago.

TSXV:RZZ Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 29.47 0.00 3.16
2018-06-30 37.82 0.00 5.33
2018-03-31 34.03 0.00 4.24
2017-12-31 35.92 0.00 4.52
2017-09-30 33.97 0.00 5.85
2017-06-30 34.19 0.00 7.26
2017-03-31 35.29 0.00 7.74
2016-12-31 36.13 0.00 2.06
2016-09-30 45.03 0.00 2.23
2016-06-30 46.81 0.00 2.55
2016-03-31 31.87 0.00 1.78
2015-12-31 20.00 0.00 1.70
2015-09-30 19.10 0.00 1.74
2015-06-30 23.72 0.00 1.67
2015-03-31 27.53 0.00 1.61
2014-12-31 1.18 0.00 1.23
2014-09-30 1.43 0.00 1.67
2014-06-30 -0.36 0.00 0.07
2014-03-31 -0.04 0.00 0.16
2013-12-31 -0.06 0.00 0.03
2013-09-30 0.20 0.00 0.04
2013-06-30 0.21 0.00 0.05
2013-03-31 0.28 0.00 0.13
2012-12-31 0.33 0.00 0.24
2012-09-30 0.37 0.00 0.29
2012-06-30 0.42 0.00 0.33
2012-03-31 0.49 0.00 0.39
  • Abitibi Royalties has no debt.
  • Abitibi Royalties has not taken on any debt in the past 5 years.
  • Abitibi Royalties has no debt, it does not need to be covered by operating cash flow.
  • Abitibi Royalties has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Abitibi Royalties'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. Abitibi Royalties has a total score of 6/6, 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.

RZZ Dividends

 What is Abitibi Royalties'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 Abitibi Royalties dividends.
If you bought CA$2,000 of Abitibi Royalties 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 Abitibi Royalties's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Abitibi Royalties'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:RZZ 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 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
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 Abitibi Royalties has not reported any payouts.
  • Unable to verify if Abitibi Royalties's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Abitibi Royalties's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Abitibi Royalties 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 Abitibi Royalties'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 Abitibi Royalties afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Abitibi Royalties 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.

RZZ Management

 What is the CEO of Abitibi Royalties'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
Ian Ball
COMPENSATION CA$461,250
AGE 36
TENURE AS CEO 3.8 years
CEO Bio

Mr. Ian J. Ball, B.Com, has been the President of Abitibi Royalties Inc., since August 5, 2014 and has been its Chief Executive Officer since June 25, 2015. Mr. Ball served as the President of McEwen Mining Inc. from September 2013 to July 15, 2014. Mr. Ball served as Senior Vice President of McEwen Mining Inc. from August 1, 2010 to September 2013 and served as Vice President of its Mexico Operations from August 2008 to August 2010. He served as Vice President of Corporate Development & Investor Relations at Lexam Explorations Inc., since September 28, 2005. He served as Consultant related to exploration and investor relations since 2005. He worked for McEwen Capital where he was responsible for assisting with financing transactions and the management of various exploration programs. From 2004 to 2005, Mr. Ball worked at GoldCorp Inc. He has been a Director of US Gold Canadian Acquisition Corporation since 2007 and Abitibi Royalties Inc. since June 30, 2014. He has been an Independent Director at Brixton Metals Corporation since July 2, 2014. He serves as a Director of Minera Andes Acquisition Corp. He served as a Director of McEwen Mining Inc. (also known as, US Gold Corporation) until July 15, 2014. Mr. Ball received a diploma in Business Administration from Durham College in 2002 and a Bachelor of Commerce degree from Ryerson University in Toronto, Ontario in 2004.

CEO Compensation
  • Ian's compensation has been consistent with company performance over the past year.
  • Ian's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Abitibi Royalties management team in years:

3.8
Average Tenure
  • The tenure for the Abitibi Royalties management team is about average.
Management Team

Ian Ball

TITLE
President
COMPENSATION
CA$461K
AGE
36
TENURE
3.8 yrs

Rico De Vega

TITLE
Chief Financial Officer
COMPENSATION
CA$36K
TENURE
1.5 yrs

Daniel Poisson

TITLE
Corporate Secretary
COMPENSATION
CA$101K
TENURE
8.6 yrs

Shanda Kilborn

TITLE
Director of Corporate Development

Michael Rosatelli

TITLE
Vice President of Exploration of Golden Valley Mines Ltd.
Board of Directors Tenure

Average tenure and age of the Abitibi Royalties board of directors in years:

4.3
Average Tenure
52
Average Age
  • The tenure for the Abitibi Royalties board of directors is about average.
Board of Directors

Glenn Mullan

TITLE
Non-Executive Chairman
COMPENSATION
CA$320K
AGE
59
TENURE
3.8 yrs

Ian Ball

TITLE
President
COMPENSATION
CA$461K
AGE
36
TENURE
4.8 yrs

Andrew Pepper

TITLE
Director
COMPENSATION
CA$52K
TENURE
9.1 yrs

Christian Zinke

TITLE
Director
COMPENSATION
CA$52K
AGE
52
TENURE
9.1 yrs

Louis Doyle

TITLE
Director
COMPENSATION
CA$37K
AGE
60
TENURE
2.8 yrs

Frank Mariage

TITLE
Director
COMPENSATION
CA$37K
AGE
44
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Abitibi Royalties insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Feb 19 Buy Ian Ball Individual 11. Feb 19 11. Feb 19 100 CA$12.04 CA$1,204
06. Feb 19 Buy Ian Ball Individual 06. Feb 19 06. Feb 19 200 CA$11.70 CA$2,340
01. Feb 19 Buy Ian Ball Individual 01. Feb 19 01. Feb 19 100 CA$11.27 CA$1,127
24. Jan 19 Buy Ian Ball Individual 24. Jan 19 24. Jan 19 100 CA$10.45 CA$1,045
21. Jan 19 Buy Ian Ball Individual 21. Jan 19 21. Jan 19 100 CA$10.15 CA$1,015
08. Jan 19 Buy Ian Ball Individual 08. Jan 19 08. Jan 19 700 CA$9.64 CA$6,748
02. Jan 19 Buy Ian Ball Individual 31. Dec 18 31. Dec 18 300 CA$9.20 CA$2,750
13. Dec 18 Buy Ian Ball Individual 13. Dec 18 13. Dec 18 600 CA$9.24 CA$5,544
10. Dec 18 Buy Ian Ball Individual 07. Dec 18 07. Dec 18 100 CA$9.20 CA$920
30. Nov 18 Buy Ian Ball Individual 30. Nov 18 30. Nov 18 900 CA$8.80 CA$7,922
22. Nov 18 Buy Ian Ball Individual 21. Nov 18 22. Nov 18 300 CA$8.89 CA$2,650
15. Nov 18 Buy Ian Ball Individual 15. Nov 18 15. Nov 18 100 CA$8.87 CA$887
05. Nov 18 Buy Ian Ball Individual 31. Oct 18 31. Oct 18 2,200 CA$9.09 CA$19,960
16. Oct 18 Buy Ian Ball Individual 16. Oct 18 16. Oct 18 100 CA$9.88 CA$988
09. Oct 18 Buy Ian Ball Individual 04. Oct 18 04. Oct 18 400 CA$9.65 CA$3,860
01. Oct 18 Buy Ian Ball Individual 01. Oct 18 01. Oct 18 200 CA$9.60 CA$1,920
17. Sep 18 Buy Ian Ball Individual 14. Sep 18 17. Sep 18 400 CA$9.86 CA$3,906
13. Sep 18 Buy Ian Ball Individual 13. Sep 18 13. Sep 18 100 CA$9.85 CA$985
10. Sep 18 Buy Ian Ball Individual 07. Sep 18 07. Sep 18 100 CA$9.65 CA$965
06. Sep 18 Buy Ian Ball Individual 06. Sep 18 06. Sep 18 100 CA$9.75 CA$975
05. Sep 18 Buy Ian Ball Individual 05. Sep 18 05. Sep 18 100 CA$9.75 CA$975
30. Aug 18 Buy Rico De Vega Individual 30. Aug 18 30. Aug 18 2,200 CA$10.20 CA$22,259
30. Aug 18 Buy Ian Ball Individual 30. Aug 18 30. Aug 18 200 CA$10.09 CA$2,015
07. Aug 18 Buy Ian Ball Individual 02. Aug 18 03. Aug 18 1,900 CA$10.15 CA$19,034
17. May 18 Buy Ian Ball Individual 17. May 18 17. May 18 300 CA$10.05 CA$3,014
X
Management checks
We assess Abitibi Royalties'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. Abitibi Royalties 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.

RZZ News

Simply Wall St News

Is Abitibi Royalties Inc.'s (CVE:RZZ) Balance Sheet Strong Enough To Weather A Storm?

(CVE:RZZ), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is RZZ growing fast enough to value financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Do Insiders Own Shares In Abitibi Royalties Inc (CVE:RZZ)?

The big shareholder groups in Abitibi Royalties Inc (CVE:RZZ) have power over the company. … Our analysis of the ownership of the company, below, shows that. … View our latest analysis for Abitibi Royalties

Simply Wall St -

Are Abitibi Royalties Inc's (CVE:RZZ) Interest Costs Too High?

The direct benefit for Abitibi Royalties Inc (CVE:RZZ), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is RZZ will have to adhere to stricter debt covenants and have less financial flexibility. … Is RZZ right in choosing financial flexibility over lower cost of capital.

Simply Wall St -

Why Abitibi Royalties Inc's (CVE:RZZ) ROE Of 7.1% Does Not Tell The Whole Story

Abitibi Royalties Inc (CVE:RZZ) generated a below-average return on equity of 7.1% in the past 12 months, while its industry returned 11.5%. … Knowing these components can change your views on RZZ's below-average returns. … Today I will look at how components such as financial leverage can influence ROE which may impact the sustainability of RZZ's returns

Simply Wall St -

What You Must Know About Abitibi Royalties Inc's (CVE:RZZ) Market Risks

Generally, an investor should consider two types of risk that impact the market value of RZZ. … The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

Simply Wall St -

RZZ Company Info

Description

Abitibi Royalties Inc. engages in exploring, evaluating, and promoting mineral properties and other projects in Canada. Its flagship royalty is 3% net smelter return royalty located on the eastern portion of the Canadian Malartic mine, which includes the Jeffrey Zone and the Barnat Extension; and Odyssey North discovery and other portions of the Odyssey project, as well as portions of the East Malartic property. The company was incorporated in 2010 and is headquartered in Val-d'Or, Canada. Abitibi Royalties Inc. is a subsidiary of Golden Valley Mines Ltd.

Details
Name: Abitibi Royalties Inc.
RZZ
Exchange: TSXV
Founded: 2010
CA$165,035,687
12,493,239
Website: http://www.abitibiroyalties.com
Address: Abitibi Royalties Inc.
152 Chemin de la Mine Ecole,
Val-d'Or,
Quebec, J9P 0B9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV RZZ Common Shares TSX Venture Exchange CA CAD 15. Jul 2011
OTCPK ATBY.F Common Shares Pink Sheets LLC US USD 15. Jul 2011
BST ABY Common Shares Boerse-Stuttgart DE EUR 15. Jul 2011
Number of employees
Current staff
Staff numbers
0
Abitibi Royalties employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:21
End of day share price update: 2019/03/13 00:00
Last earnings filing: 2018/11/16
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.