Executive Summary
Auriant Mining AB (publ), a junior mining company, explores for and produces gold in Russia.
Rewards
Risk Analysis
Snowflake Analysis
Good value with acceptable track record.
Share Price & News
How has Auriant Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AUR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.2%
AUR
8.9%
SE Metals and Mining
5.7%
SE Market
1 Year Return
81.1%
AUR
-6.4%
SE Metals and Mining
11.1%
SE Market
Return vs Industry: AUR exceeded the Swedish Metals and Mining industry which returned -6.3% over the past year.
Return vs Market: AUR exceeded the Swedish Market which returned 10.9% over the past year.
Shareholder returns
| AUR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 8.9% | 5.7% |
| 30 Day | 15.3% | 16.3% | 13.2% |
| 90 Day | 21.1% | 11.1% | 8.8% |
| 1 Year | 81.1%81.1% | -4.3%-6.4% | 12.7%11.1% |
| 3 Year | 31.8%31.8% | -11.0%-18.4% | 18.2%2.3% |
| 5 Year | 182.2%182.2% | 4.7%-8.2% | 39.7%12.2% |
Price Volatility Vs. Market
How volatile is Auriant Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Calculating The Fair Value Of Auriant Mining AB (publ) (STO:AUR)1 month ago | Simply Wall St
How Much Of Auriant Mining AB (publ) (STO:AUR) Do Insiders Own?3 months ago | Simply Wall St
The Auriant Mining (STO:AUR) Share Price Is Down 65% So Some Shareholders Are Wishing They SoldValuation
Is Auriant Mining undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AUR (SEK4.6) is trading below our estimate of fair value (SEK15.04)
Significantly Below Fair Value: AUR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AUR is good value based on its PE Ratio (7.1x) compared to the Metals and Mining industry average (10.4x).
PE vs Market: AUR is good value based on its PE Ratio (7.1x) compared to the Swedish market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: AUR is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: AUR has negative assets, so we can't compare its PB Ratio to the SE Metals and Mining industry average.
Next Steps
Future Growth
How is Auriant Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AUR's forecast earnings growth (6.7% per year) is above the savings rate (0.5%).
Earnings vs Market: AUR's earnings (6.7% per year) are forecast to grow slower than the Swedish market (16.7% per year).
High Growth Earnings: AUR's earnings are forecast to grow, but not significantly.
Revenue vs Market: AUR's revenue is expected to decline over the next 3 years (-3.6% per year).
High Growth Revenue: AUR's revenue is forecast to decline over the next 3 years (-3.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AUR's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Auriant Mining performed over the past 5 years?
31.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AUR has high quality earnings.
Growing Profit Margin: AUR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AUR has become profitable over the past 5 years, growing earnings by 31.3% per year.
Accelerating Growth: AUR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AUR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-25%).
Return on Equity
High ROE: AUR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Auriant Mining's financial position?
Financial Position Analysis
Short Term Liabilities: AUR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AUR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AUR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AUR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AUR's debt is well covered by operating cash flow (20.4%).
Interest Coverage: AUR's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Auriant Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AUR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AUR'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 AUR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AUR'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 AUR'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?
4.2yrs
Average management tenure
CEO
Sergey Ustimenko (47yo)
4.42yrs
Tenure
kr2,540,000
Compensation
Mr. Sergey Ustimenko has been the Chief Executive Officer of Auriant Mining AB (publ) since January 2016 and previously served as its Chief Financial Officer. Mr. Ustimenko joined Auriant Mining in May 201 ...
CEO Compensation Analysis
Compensation vs Market: Sergey's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD223.71K).
Compensation vs Earnings: Insufficient data to compare Sergey's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.42yrs | kr2.54m | 0.091% SEK414.0k | |
| Acting Chief Financial Officer | 2.42yrs | no data | 0.010% SEK46.0k | |
| Head of PR&IR | no data | no data | no data | |
| Group General Counsel | 8.17yrs | kr592.00k | 0.33% SEK1.5m | |
| Human Resources Director | 3.92yrs | kr295.00k | no data | |
| Chief Geologist | 7.67yrs | kr901.00k | 0.010% SEK46.0k | |
| Deputy CEO & Head of Stockholm Office | 3.67yrs | kr124.00k | no data |
4.2yrs
Average Tenure
44.5yo
Average Age
Experienced Management: AUR's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 6.08yrs | kr450.00k | 0.48% SEK2.2m | |
| Director | 0.083yr | no data | no data | |
| Director | 11.42yrs | kr275.00k | 52.27% SEK237.2m | |
| Former Director | 6.08yrs | kr275.00k | no data | |
| Director | 0.083yr | no data | no data |
6.1yrs
Average Tenure
62.5yo
Average Age
Experienced Board: AUR's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AUR insiders have bought and sold the same number of shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Auriant Mining AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Auriant Mining AB (publ)
- Ticker: AUR
- Exchange: OM
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Market Cap: kr453.783m
- Shares outstanding: 98.65m
- Website: https://www.auriant.com/eng
Number of Employees
Location
- Auriant Mining AB (publ)
- Box 55696
- Stockholm
- Stockholm County
- 102 15
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AUR | OM (OMX Nordic Exchange Stockholm) | Yes | Ordinary Shares | SE | SEK | Mar 2009 |
Biography
Auriant Mining AB (publ), a junior mining company, explores for and produces gold in Russia. The company holds interest in two producing mines, including the Tardan project in the Republic of Tyva and the Solcocon project in the Zabaikalsky region. It also holds interests in the Uzhunzhul project, an early stage exploration property located in the Republic of Khakassia; and the Kara-Beldyr project, an advanced exploration property located in the Republic of Tyva. The company was formerly known as Central Asia Gold AB and changed its name to Auriant Mining AB (publ) in June 2012. The company was founded in 2004 and is headquartered in Stockholm, Sweden. Auriant Mining AB (publ) is a subsidiary of Bertil Holdings Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/07 00:24 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.