AIM:ALBA

Stock Analysis Report

Alba Mineral Resources

Executive Summary

Alba Mineral Resources plc, through its subsidiaries, engages in the exploration and development of natural resources primarily in the United Kingdom, Ireland, and Greenland.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.7%

ALBA

-3.2%

GB Metals and Mining

-0.4%

GB Market


1 Year Return

-54.2%

ALBA

1.3%

GB Metals and Mining

2.9%

GB Market

Return vs Industry: ALBA underperformed the UK Metals and Mining industry which returned 1.3% over the past year.

Return vs Market: ALBA underperformed the UK Market which returned 2.9% over the past year.


Shareholder returns

ALBAIndustryMarket
7 Day2.7%-3.2%-0.4%
30 Day-7.3%-5.7%-1.4%
90 Day0%-12.6%-2.1%
1 Year-54.2%-54.2%9.9%1.3%8.0%2.9%
3 Year-36.7%-36.7%51.1%26.8%18.0%3.6%
5 Year-77.0%-77.0%47.1%20.0%35.8%6.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ALBA is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: ALBA is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALBA is good value based on its PB Ratio (0.7x) compared to the GB Metals and Mining industry average (1x).


Next Steps

Future Growth

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

5.9%

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 Alba Mineral 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 Alba Mineral Resources performed over the past 5 years?

-7.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ALBA is unprofitable, and losses have increased over the past 5 years at a rate of -7.8% per year.

Accelerating Growth: Unable to compare ALBA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALBA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.4%).


Return on Equity

High ROE: ALBA has a negative Return on Equity (-0.85%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: ALBA is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: ALBA is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Alba Mineral Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ALBA's short term assets (£102.9K) do not cover its short term liabilities (£779.3K)

Long Term Liabilities: ALBA has no long term liabilities


Debt to Equity History and Analysis

Debt Level: ALBA's debt to equity ratio (3.6%) is considered satisfactory

Reducing Debt: ALBA's debt to equity ratio has reduced from 46% to 3.6% over the past 5 years.


Balance Sheet

Inventory Level: ALBA has a low level of unsold assets or inventory.

Debt Coverage by Assets: ALBA's debt is not covered by short term assets (assets are 0.3x debt).


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: ALBA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ALBA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -54.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage7.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if ALBA'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 ALBA's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

What is the CEO of Alba Mineral Resources's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Alba Mineral Resources has no CEO, or we have no data on them.


Management Age and Tenure

3.6yrs

Average Tenure

Experienced Management: ALBA's management team is considered experienced (3.6 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • George Frangeskides (49yo)

    Executive Chairman & CFO

    • Tenure: 5.6yrs
    • Compensation: UK£117.89k
  • Ben Harber

    Company Secretary

    • Tenure: 3.6yrs
  • Sue Corrigan

    Technical Consultant - Oil & Gas

    • Tenure: 1.3yrs

Board Members

  • Mike Nott (71yo)

    Non-Executive Director

    • Tenure: 0yrs
    • Compensation: UK£42.25k
  • Manuel Jean-Georges Lamboley (55yo)

    Non-Executive Director

    • Tenure: 3.6yrs
    • Compensation: UK£12.00k
  • George Frangeskides (49yo)

    Executive Chairman & CFO

    • Tenure: 5.6yrs
    • Compensation: UK£117.89k

Company Information

Alba Mineral Resources plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alba Mineral Resources plc
  • Ticker: ALBA
  • Exchange: AIM
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: UK£6.701m
  • Shares outstanding: 3.53b
  • Website: https://www.albamineralresources.com

Number of Employees


Location

  • Alba Mineral Resources plc
  • 60 Gracechurch Street
  • 6th Floor
  • London
  • Greater London
  • EC3V OHR
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALBAAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPApr 2005
9ABBST (Boerse-Stuttgart)YesOrdinary SharesDEEURApr 2005

Biography

Alba Mineral Resources plc, through its subsidiaries, engages in the exploration and development of natural resources primarily in the United Kingdom, Ireland, and Greenland. The company primarily explores ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 20:51
End of Day Share Price2019/10/18 00:00
Earnings2019/05/31
Annual Earnings2018/11/30


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.