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AfriTin Mining

BST:9IA
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9IA
BST
£17M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

AfriTin Mining Limited operates as a mining company with a portfolio of production tin assets in Namibia and South Africa. The last earnings update was 94 days ago. More info.


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9IA Share Price and Events
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for AfriTin Mining's competitors could be found in our database.

Value

 Is AfriTin Mining 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
Here we compare the current share price of AfriTin Mining to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for AfriTin Mining.

BST:9IA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 11.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:9IA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.2
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.196 (1 + (1- 21%) (0%))
1.196
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.196 * 9.46%)
11.86%

Discounted Cash Flow Calculation for BST:9IA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for AfriTin Mining is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:9IA DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (GBP, Millions) 6.08 7.23 8.54 9.99 11.58
Source Est @ 20%, capped from 34.22% Est @ 19%, capped from 34.22% Est @ 18%, capped from 34.22% Est @ 17%, capped from 34.22% Est @ 16%, capped from 34.22%
Present Value
Discounted (@ 11.86%)
5.43 5.78 6.10 6.38 6.62
Present value of next 5 years cash flows £30.31
BST:9IA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= £11.58 × (1 + 0.54%) ÷ (11.86% – 0.54%)
£102.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= £102.94 ÷ (1 + 11.86%)5
£58.78
BST:9IA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= £30.31 + £58.78
£89.09
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £89.09 / 518.00
£0.17
BST:9IA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:9IA represents 0.96875x of AIM:ATM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.96875x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.17 x 0.96875
€0.17
Value per share (EUR) From above. €0.17
Current discount Discount to share price of €0.03
= -1 x (€0.03 - €0.17) / €0.17
81.4%

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

Current Discount
Amount off the current price AfriTin Mining is available for.
Intrinsic value
>50%
Share price is €0.031 vs Future cash flow value of €0.16662
Current Discount Checks
For AfriTin Mining to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AfriTin Mining's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • AfriTin Mining's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 AfriTin Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AfriTin Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:9IA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-02-28) in GBP £-0.01
AIM:ATM Share Price ** AIM (2018-07-17) in GBP £0.03
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 8.38x
Germany Market PE Ratio Median Figure of 407 Publicly-Listed Companies 18.17x

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

** Primary Listing of AfriTin Mining.

BST:9IA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:ATM Share Price ÷ EPS (both in GBP)

= 0.03 ÷ -0.01

-3.84x

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

  • AfriTin Mining is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • AfriTin Mining is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does AfriTin Mining's expected growth come at a high price?
Raw Data
BST:9IA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 59 Publicly-Listed Metals and Mining Companies 0.62x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.37x

*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 AfriTin Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AfriTin Mining's assets?
Raw Data
BST:9IA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-02-28) in GBP £0.03
AIM:ATM Share Price * AIM (2018-07-17) in GBP £0.03
Germany Metals and Mining Industry PB Ratio Median Figure of 12 Publicly-Listed Metals and Mining Companies 3.51x
Germany Market PB Ratio Median Figure of 547 Publicly-Listed Companies 1.86x
BST:9IA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:ATM Share Price ÷ Book Value per Share (both in GBP)

= 0.03 ÷ 0.03

1.02x

* Primary Listing of AfriTin Mining.

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

  • AfriTin Mining is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess AfriTin Mining'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. AfriTin Mining has a total score of 3/6, 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 AfriTin Mining 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 AfriTin Mining 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
31.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AfriTin Mining expected to grow at an attractive rate?
  • Unable to compare AfriTin Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare AfriTin Mining's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare AfriTin Mining's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:9IA Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*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
BST:9IA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:9IA Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-02-28 -1 -2
2017-08-31 0 4 -0
2017-05-31 0 1 -0
2017-02-28 0 -1 -0
2016-02-29 0 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if AfriTin Mining is high growth as no earnings estimate data is available.
  • Unable to determine if AfriTin Mining 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
BST:9IA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from AfriTin Mining Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:9IA Past Financials Data
Date (Data in GBP Millions) EPS *
2018-02-28 -0.01
2017-08-31
2017-05-31
2017-02-28
2016-02-29

*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 AfriTin Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether AfriTin Mining is trading at AfriTin Mining'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. AfriTin Mining'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. AfriTin Mining'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 AfriTin Mining'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
AfriTin Mining 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 AfriTin Mining 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 AfriTin Mining'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.
  • AfriTin Mining does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare AfriTin Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare AfriTin Mining's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
AfriTin Mining'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 AfriTin Mining Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:9IA Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-02-28 -1.53 1.03
2017-08-31 0.04 -0.23 0.26
2017-05-31 0.04 -0.23 0.26
2017-02-28 0.04 -0.23 0.26
2016-02-29 0.02 0.01 0.00
2015-02-28 0.00 0.00

*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 AfriTin Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if AfriTin Mining has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if AfriTin Mining 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 AfriTin Mining'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.
AfriTin Mining 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 AfriTin Mining'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 AfriTin Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AfriTin Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AfriTin Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AfriTin Mining'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.
  • AfriTin Mining 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 AfriTin Mining Company Filings, last reported 7 months ago.

BST:9IA Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-02-28 9.35 0.00 2.90
2017-08-31 2.71 0.00
2017-05-31 2.71 0.00
2017-02-28 0.78 6.94 0.02
2016-02-29 0.80 4.15 0.05
2015-02-28 0.95 3.39 0.03
  • AfriTin Mining has no debt.
  • AfriTin Mining currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Whilst loss making AfriTin Mining has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making AfriTin Mining has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -107% per year.
X
Financial health checks
We assess AfriTin Mining'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. AfriTin Mining 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.

Dividends

 What is AfriTin Mining'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 AfriTin Mining dividends.
If you bought €2,000 of AfriTin Mining shares you are expected to receive €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 AfriTin Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate AfriTin Mining'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
BST:9IA 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
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

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 AfriTin Mining has not reported any payouts.
  • Unable to verify if AfriTin Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of AfriTin Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as AfriTin Mining 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 AfriTin Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 AfriTin Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AfriTin Mining 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 AfriTin Mining'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
Anthony Viljoen, image provided by Google.
Anthony Viljoen
COMPENSATION £124,050
AGE 42
TENURE AS CEO 1 years
CEO Bio

Mr. Anthony Richard Viljoen, BA Mgt, PG, Dip FBI has been the Chief Executive Officer of Lemur Resources Limited since November 6, 2013. Mr. Viljoen served as Chief Operations Officer of Bushveld Minerals Limited. Mr. Viljoen serves as a Director of VM Investment Company (Pty) Ltd. He is responsible for the establishment and project development of a number of junior mining companies across Africa, including New Kush Exploration and Mining (Gold, South Sudan), Coal of Madagascar, Greenhills Resources (Tin), New Horizon Minerals (Iron Ore), Frontier Platinum Resources and Eagle Uranium. Mr. Viljoen serves as an Executive Director of Bushveld Minerals Limited since March 1, 2012. Mr. Viljoen has been an Executive Director of Lemur Resources Limited since November 8, 2010. Mr. Viljoen served as an Interim Executive Director of Lemur Resources Limited since April 8, 2013. Mr. Viljoen served as a Director of Lemur Resources Limited from November 8, 2010 to April 8, 2013. Mr. Viljoen has mining exploration and investment banking experience and previously worked at Deutsche Bank, Barclays Capital, London and Loita Capital Partners, a pan African investment banking firm, in their Structured Trade and Project Finance division. He is a Mining Entrepreneur and Founding Shareholder. Mr. Viljoen graduated from the University of Natal, Pietermaritzburg with a Bachelor's Degree in Business and Agricultural Economics and a Post Graduate Diploma of Finance Banking and Investment Management.

CEO Compensation
  • Insufficient data for Anthony to compare compensation growth.
  • Anthony's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the AfriTin Mining management team in years:

1.8
Average Tenure
  • The average tenure for the AfriTin Mining management team is less than 2 years, this suggests a new team.
Management Team

Anthony Viljoen

TITLE
CEO & Director
COMPENSATION
£124K
AGE
42
TENURE
1 yrs

Frans van Daalen

TITLE
Chief Operating Officer
COMPENSATION
£119K

Robert Sewell

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Timothy Marais

TITLE
Member of Management Board
TENURE
1.8 yrs

Jan Rabe

TITLE
Member of Management Board
TENURE
1.8 yrs

Machiel Odendaal

TITLE
Member of Management Board
TENURE
1.8 yrs

Kate Bredin

TITLE
Corporate Development Officer
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the AfriTin Mining board of directors in years:

1
Average Tenure
53.5
Average Age
  • The average tenure for the AfriTin Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Glen Parsons

TITLE
Chairman
COMPENSATION
£40K
AGE
52
TENURE
1 yrs

Anthony Viljoen

TITLE
CEO & Director
COMPENSATION
£124K
AGE
42
TENURE
1 yrs

Roger Williams

TITLE
Non-Executive Director
COMPENSATION
£28K
AGE
55
TENURE
1 yrs

Laurence Robb

TITLE
Non-Executive Director
COMPENSATION
£17K
TENURE
1 yrs

Terence Goodlace

TITLE
Non-Executive Director
AGE
59
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
22. Jan 18 Buy Anthony Viljoen Individual 19. Jan 18 19. Jan 18 200,000 $6,785.60
X
Management checks
We assess AfriTin Mining'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. AfriTin Mining 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.

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Description

AfriTin Mining Limited operates as a mining company with a portfolio of production tin assets in Namibia and South Africa. Its flagship asset is the Uis brownfield tin mine located in the Erongo Region, Namibia. It also owns the Mokopane Tin Project located in the Mokopane District, Limpopo Province, South Africa. AfriTin Mining Limited was founded in 2017 and is headquartered in St Peter Port, Guernsey.

Details
Name: AfriTin Mining Limited
9IA
Exchange: BST
Founded: 2017
£18,866,288
517,997,221
Website: http://www.afritinmining.com
Address: AfriTin Mining Limited
18 - 20 Le Pollet,
St Peter Port,
GY1 1WH,
Guernsey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM ATM Ordinary Shares London Stock Exchange AIM Market GB GBP 09. Nov 2017
BST 9IA Ordinary Shares Boerse-Stuttgart DE EUR 09. Nov 2017
Number of employees
Current staff
Staff numbers
12
AfriTin Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/14 18:49
End of day share price update: 2018/07/17 00:00
Last earnings filing: 2018/07/12
Last earnings reported: 2018/02/28
Last annual earnings reported: 2018/02/28


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.