OM:ARCT

Stock Analysis Report

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Market Cap

kr66.8m

Last Updated

2021/06/14 17:37 UTC

Data Sources

Company Financials +

Executive Summary

Arctic Minerals AB (publ), through its subsidiaries, engages in exploration and mining of mineral properties in the Norway and Sweden. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Arctic Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ARCT is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ARCT's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-7.5%

ARCT

1.2%

SE Metals and Mining

0.4%

SE Market


1 Year Return

-22.1%

ARCT

66.9%

SE Metals and Mining

48.9%

SE Market

Return vs Industry: ARCT underperformed the Swedish Metals and Mining industry which returned 66.9% over the past year.

Return vs Market: ARCT underperformed the Swedish Market which returned 48.9% over the past year.


Shareholder returns

ARCTIndustryMarket
7 Day-7.5%1.2%0.4%
30 Day1.4%1.9%3.4%
90 Day-5.8%5.6%7.4%
1 Year-22.1%-22.1%71.7%66.9%54.3%48.9%
3 Year2.7%2.7%15.2%6.0%72.8%55.8%
5 Year47.1%47.1%142.3%108.4%122.5%78.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Arctic Minerals undervalued compared to its fair value and its price relative to the market?

1.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ARCT is good value based on its PB Ratio (1.5x) compared to the SE Metals and Mining industry average (2.1x).


Future Growth

How is Arctic Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARCT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ARCT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ARCT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ARCT is forecast to have no revenue next year.

High Growth Revenue: ARCT is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ARCT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Arctic Minerals performed over the past 5 years?

9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARCT is currently unprofitable.

Growing Profit Margin: ARCT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARCT is unprofitable, but has reduced losses over the past 5 years at a rate of 9.8% per year.

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

Earnings vs Industry: ARCT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.6%).


Return on Equity

High ROE: ARCT has a negative Return on Equity (-46.71%), as it is currently unprofitable.


Financial Health

How is Arctic Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: ARCT's short term assets (SEK5.0M) do not cover its short term liabilities (SEK12.3M).

Long Term Liabilities: ARCT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ARCT is debt free.

Reducing Debt: ARCT has no debt compared to 5 years ago when its debt to equity ratio was 3%.


Balance Sheet


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

Forecast Cash Runway: ARCT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.7% each year


Dividend

What is Arctic Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Next Steps

Management

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


CEO

Jonatan Forsberg (40 yo)

1.25yrs

Tenure

Mr. Jonatan Forsberg has been Chief Executive Officer of Arctic Minerals AB (publ) since March 1, 2020. He has been Chief Financial Officer of ROPLAN AB since October 17, 2016. Mr. Forsberg served as Chief...


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

Arctic Minerals AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arctic Minerals AB (publ)
  • Ticker: ARCT
  • Exchange: OM
  • Founded: 1999
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: kr66.794m
  • Shares outstanding: 91.25m
  • Website: https://www.arcticminerals.se

Location

  • Arctic Minerals AB (publ)
  • Köpmangatan 22
  • Östersund
  • Jämtland County
  • 831 30
  • Sweden

Listings


Biography

Arctic Minerals AB (publ), through its subsidiaries, engages in exploration and mining of mineral properties in the Norway and Sweden. The company explores for gold, copper, and zinc deposits. It primarily...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 17:37
End of Day Share Price2021/06/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.