DB:AMO1

Stock Analysis Report

Gungnir Resources

Executive Summary

Gungnir Resources Inc., a development stage company, engages in the acquisition, evaluation, and exploration of mineral properties in Canada and Sweden.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Gungnir Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMO1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

AMO1

14.8%

DE Metals and Mining

7.3%

DE Market


1 Year Return

-57.8%

AMO1

-51.9%

DE Metals and Mining

-17.7%

DE Market

Return vs Industry: AMO1 underperformed the German Metals and Mining industry which returned -51.9% over the past year.

Return vs Market: AMO1 underperformed the German Market which returned -17.5% over the past year.


Shareholder returns

AMO1IndustryMarket
7 Day0%14.8%7.3%
30 Day-30.9%-34.7%-17.9%
90 Day-62.0%-51.0%-25.8%
1 Year-57.8%-57.8%-51.5%-51.9%-15.1%-17.7%
3 Year-62.7%-62.7%-69.7%-70.7%-18.7%-25.6%
5 Year137.5%137.5%-69.6%-71.1%-17.7%-29.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Gungnir Resources undervalued compared to its fair value and its price relative to the market?

82.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AMO1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AMO1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AMO1 is poor value based on its PE Ratio (82.9x) compared to the Metals and Mining industry average (6.8x).

PE vs Market: AMO1 is poor value based on its PE Ratio (82.9x) compared to the German market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AMO1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AMO1 is good value based on its PB Ratio (0.8x) compared to the DE Metals and Mining industry average (2x).


Next Steps

Future Growth

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

10.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gungnir Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Gungnir Resources performed over the past 5 years?

77.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMO1 has a high level of non-cash earnings.

Growing Profit Margin: Insufficient data to determine if AMO1's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: AMO1 has become profitable over the past 5 years, growing earnings by 77.6% per year.

Accelerating Growth: AMO1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AMO1 had negative earnings growth (-96.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-11.9%).


Return on Equity

High ROE: AMO1's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is Gungnir Resources's financial position?


Financial Position Analysis

Short Term Liabilities: AMO1's short term assets (CA$878.2K) exceed its short term liabilities (CA$266.5K).

Long Term Liabilities: AMO1 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AMO1 is debt free.

Reducing Debt: AMO1 has not had any debt for past 5 years.


Balance Sheet

Inventory Level: AMO1 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AMO1's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AMO1 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: AMO1 is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Gungnir Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMO1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AMO1's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMO1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMO1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMO1's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.5yrs

Average board tenure


CEO

Jari Paakki

8.58s

Tenure

CA$180,000

Compensation

Mr. Jari Paakki, B.Sc. M.Sc., P.Geo. has been the Chief Executive Officer at Anglo Swiss Resources Inc. nka Gungnir Resources Inc. since August 15, 2011. Mr. Paakki served as Vice President of Exploration  ...


CEO Compensation Analysis

Compensation vs Market: Jari's total compensation ($USD127.90K) is below average for companies of similar size in the German market ($USD432.27K).

Compensation vs Earnings: Jari's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Jari Paakki
CEO & Director8.58yrsCA$180.00k4.09% CA$47.5k
Christopher Robbins
CFO & Director25.33yrsCA$125.00k2.15% CA$25.0k
Garett Macdonald
Independent Director4.67yrsno data0.76% CA$8.8k
Todd Keast
Independent Director8.5yrsno data1.06% CA$12.3k

8.5yrs

Average Tenure

56yo

Average Age

Experienced Board: AMO1's board of directors are considered experienced (8.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gungnir Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gungnir Resources Inc.
  • Ticker: AMO1
  • Exchange: DB
  • Founded: 1966
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: US$1.289m
  • Listing Market Cap: US$1.162m
  • Shares outstanding: 66.10m
  • Website: https://www.gungnirresources.com

Location

  • Gungnir Resources Inc.
  • 1688–152nd Street
  • Suite 404
  • Surrey
  • British Columbia
  • V4A 4N2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GUGTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 1979
ASWR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1979
AMO1DB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1979

Biography

Gungnir Resources Inc., a development stage company, engages in the acquisition, evaluation, and exploration of mineral properties in Canada and Sweden. It primarily explores for gold and base metals. The company’s key gold project is Knaften project that covers 39.1 square kilometers in the Vasterbotten District of northern Sweden. It also has permits for two nickel deposits in Lappvattnet and Rormyrberget covering an area of 471.3 hectares, as well as five permits for Norrbotten gold and base metal claims covering an area of 25 square kilometers in the Norrbotten District, Sweden. The company was formerly known as Anglo Swiss Resources Inc. and changed its name to Gungnir Resources Inc. in April 2014. Gungnir Resources Inc. was founded in 1966 and is based in Surrey, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 20:36
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.