Adventus Mining (DB:AZC) - Stock Price, News & Analysis

AZC Stock Overview

Engages in the identification, acquisition, exploration, and development of mineral properties in Ecuador, Canada, and Ireland.

About the company

AZC fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 93% below our estimate of its fair value

Risk Analysis

Highly volatile share price over the past 3 months

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue ($0)

Adventus Mining Corporation Competitors

Greenland Resources

DB:M0LY

€40.5m

IberAmerican Lithium

DB:W2C

€11.3m

Eisen- und Hüttenwerke

DB:EIS

€164.6m

Pasinex Resources

DB:PNX

€1.6m

Price History & Performance

Summary of all time highs, changes and price drops for Adventus Mining
Historical stock prices
Current Share Price	CA$0.32
52 Week High	CA$0.37
52 Week Low	CA$0.13
Beta	1.41
11 Month Change	-3.67%
3 Month Change	34.62%
1 Year Change	51.44%
33 Year Change	-55.76%
5 Year Change	-56.31%
Change since IPO	-42.20%

Recent updates

Shareholder Returns

	AZC	DE Metals and Mining	DE Market
7D	6.4%	1.9%	0.8%
1Y	51.4%	-26.8%	5.5%

Return vs Industry: AZC exceeded the German Metals and Mining industry which returned -26.8% over the past year.

Return vs Market: AZC exceeded the German Market which returned 5.5% over the past year.

Price Volatility

Is AZC's price volatile compared to industry and market?
AZC volatility
AZC Average Weekly Movement	12.7%
Metals and Mining Industry Average Movement	5.7%
Market Average Movement	4.7%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.5%

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

Volatility Over Time: AZC's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2016	305	Christian Kargl-Simard	adventusmining.com

Adventus Mining Corporation engages in the identification, acquisition, exploration, and development of mineral properties in Ecuador, Canada, and Ireland. The company explores for copper, gold, zinc, lead, silver, molybdenum, and tungsten deposits. Its principal project is the Curipamba property covering an area of 21,500 hectares located in Ecuador.

Adventus Mining Corporation Fundamentals Summary

How do Adventus Mining's earnings and revenue compare to its market cap?
AZC fundamental statistics
Market cap	€149.19m
Earnings (TTM)	-€10.98m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-13.6x

P/E Ratio

Is AZC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AZC income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$11.90m
Earnings	-US$11.90m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.026
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	4.2%

How did AZC perform over the long term?

See historical performance and comparison

AZC Stock Overview

Rewards

Risk Analysis

Adventus Mining Corporation Competitors

DB:M0LY

€40.5m

DB:W2C

€11.3m

DB:EIS

€164.6m

DB:PNX

€1.6m

Price History & Performance

Recent News & Updates

Adventus Mining Corporation announced that it has received CAD 25.627662 million in funding from Silvercorp Metals Inc.

Silvercorp Metals Inc. (TSX:SVM) entered into an agreement to acquire Adventus Mining Corporation (TSXV:ADZN) for CAD 89.5 million.

Adventus Mining Corporation announced that it expects to receive CAD 25.627662 million in funding from Silvercorp Metals Inc.

Adventus Mining Corporation, Annual General Meeting, Jun 06, 2024

Adventus Mining Corporation Announces Appointment of Maryse Bélanger as Non-Executive Director and Chair of the Board of Directors

New major risk - Shareholder dilution

Recent updates

Adventus Mining Corporation announced that it has received CAD 25.627662 million in funding from Silvercorp Metals Inc.

Silvercorp Metals Inc. (TSX:SVM) entered into an agreement to acquire Adventus Mining Corporation (TSXV:ADZN) for CAD 89.5 million.

Adventus Mining Corporation announced that it expects to receive CAD 25.627662 million in funding from Silvercorp Metals Inc.

Adventus Mining Corporation, Annual General Meeting, Jun 06, 2024

Adventus Mining Corporation Announces Appointment of Maryse Bélanger as Non-Executive Director and Chair of the Board of Directors

New major risk - Shareholder dilution

Adventus Mining Corporation and Salazar Resources Limited, Announces Ministry of Energy and Mines of Ecuador Grant Approval for the Design, Construction, Operation, and Maintenance of Tailings Storage Facility

Adventus Mining Corporation and Salazar Resources Limited, Announces Ministry of Energy and Mines of Ecuador Grant Approval for the Design, Construction, Operation, and Maintenance of Tailings Storage Facility

Adventus Mining Corporation (TSXV:ADZN) completed the acquisition of Luminex Resources Corp. (TSXV:LR) from Ross J. Beaty and others for CAD 41.7 million.

Final Stage of the Environmental Consultation Process for the El Domo - Curipamba Project has been Completed - Clearing the Way for Issuance of the Environmental License

Adventus Mining Corporation announced that it has received $17.873707 million in funding

Adventus Mining Corporation (TSXV:ADZN) entered into an arrangement agreement to acquire Luminex Resources Corp. (TSXV:LR) for CAD 41.4 million.

New major risk - Share price stability

Adventus Mining Corporation and Salazar Resources Limited Provide an Update on El Domo - Curipamba Copper-Gold Project

Adventus Mining Corporation Appoints Gerardo Fernandez to Its Board of Directors

High number of new directors

Adventus Mining Corporation Appoints Christian Aramayo as Non-Executive Advisor to Its Board of Directors

Adventus Mining Corporation and Salazar Resources Limited Announce Additional Drilling Results for El Domo Underground - Including 9.46 Metres of 8.83% Copper Equivalent

Adventus Mining Corporation Draws Down on USD 13 Million Early Deposit from Wheaton Precious Metals

Adventus Mining Corporation announced that it expects to receive $5 million in funding from Ripconciv Construcciones Civiles Cia. Ltda., STRACON S.A.C.

Adventus Mining and Salazar Announce Additional Drilling Results for El Domo Underground - Including 5.50 Metres of 7.58% Copper Equivalent

High number of new directors

Adventus Mining Corporation Appoints Karina Rogers to Its Board of Directors

Adventus Mining and Salazar Announce First Batch of Drilling Results for El Domo Underground - Including 6.91 Metres of 6.17% Copper Equivalent

Adventus Mining Corporation Announces Board Changes

Adventus Mining Corporation Provides Technical Update on Development Progress for the Curipamba - El Domo Copper-Gold Project in Central Ecuador

Insufficient new directors

Adventus Mining Corporation Announces Board Changes

Adventus Mining and Salazar Announce Start of the Underground Mineral Resource Upgrade At El Domo and Ongoing Drilling Activities At the Curipamba Copper-Gold Project

Adventus Mining Corporation Provides Results from Its Maiden Drill Hole

Adventus Mining Corporation Announces the Resignation of Sally Eyre from the Board

Adventus Mining and Salazar Resources Receive Esia Technical Approval for the Curipamba-El Domo Copper-Gold Project in Ecuador

Insufficient new directors

Adventus Mining Corporation, Annual General Meeting, Jun 09, 2022

Adventus Mining Corporation Appoints Skott Mealer as Vice President and Officer

Key Executive recently bought €53k worth of stock

Insufficient new directors

Insider recently bought €65k worth of stock

Adventus Mining Corporation has completed a Composite Units Offering in the amount of CAD 33.532415 million.

Adventus Mining Corporation announced that it expects to receive $55 million in funding from Trafigura Pte Ltd

Adventus Mining Corporation and Salazar Provides an Exploration Update on its Projects in Ecuador

Adventus Mining Corporation Announces Commencement of Drilling on Rathkeale Property and Initial Results of Kingscourt Drill Program

Adventus and Salazar Announce Drilling Results At the El Domo Deposit Highlighted by 26.8% Copper Equivalent over 9.1 Metres

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 4.35% Copper Equivalent Over 67.0 Metres

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 11.55% Copper Equivalent Over 16.86 Metres and Provide a Regional Exploration Update for the Curipamba Project

Adventus Mining Corporation Announces Commencement of Exploration Drilling on Its Kingscourt Block in the Moynalty Basin in the Republic of Ireland

Adventus Mining Corporation and Salazar Resources Limited Announce Drilling Results at the El Domo Deposit

New 90-day low: €0.56

Adventus and Salazar Announces Drilling Results at the El Domo Deposit

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 13.61% Copper Equivalent Over 16.96 Metres

President recently sold €60k worth of stock

Adventus Mining Corporation Announces Executive Changes

Adventus and Salazar Announce Drilling Results At the El Domo Deposit Highlighted by 17.38% Copper Equivalent over 5.70 Metres and Provide an Update on 2021 Exploration and Development Plans in Ecuador

New 90-day high: €0.74

Adventus Mining Corporation Announces Drilling Results at El Domo Deposit

Adventus and Salazar Announce Initial 2020-2021 Drill Program Results At the EL Domo Deposit Highlighted by 6.41% Copper Equivalent over 12.28 Metres Grading 2.77% Copper, 1.76 Gpt Gold, 1.79% Zinc, 155.3 Gpt Silver and 0.15% Lead

Adventus Mining Corporation and Salazar Resources Limited Provide Positive Progress Results from the El Domo Copper-Gold Feasibility Study

Adventus Mining Corporation and Salazar Resources Limited Identify Porphyry System at Pijili Project

Adventus Mining Corporation and Salazar Resources Limited Announce Restart of Drilling Activities at the Curipamba Project in Ecuador