OM:AUR

Stock Analysis Report

Executive Summary

Auriant Mining AB (publ), a junior mining company, explores for and produces gold in Russia.

Snowflake

Fundamentals

High growth potential with weak fundamentals.

Risks

  • Auriant Mining has significant price volatility in the past 3 months.
  • Auriant Mining is covered by less than 3 analysts.

Share Price & News

How has Auriant Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-12.5%

OM:AUR

-1.6%

SE Metals and Mining

0.2%

SE Market


1 Year Return

48.2%

OM:AUR

-26.8%

SE Metals and Mining

-1.9%

SE Market

AUR outperformed the Metals and Mining industry which returned -28% over the past year.

AUR outperformed the Market in Sweden which returned -2.6% over the past year.


Share holder returns

AURIndustryMarket
7 Day-12.5%-1.6%0.2%
30 Day23.2%-9.3%-3.7%
90 Day48.9%-16.6%-1.5%
1 Year48.2%48.2%-24.1%-26.8%2.2%-1.9%
3 Year-70.6%-70.6%9.5%0.9%26.0%7.4%
5 Year-42.2%-42.2%-9.3%-27.7%45.6%14.9%

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

Valuation

Is Auriant Mining undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Auriant Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Auriant Mining has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Auriant Mining expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

52.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Auriant Mining's revenue is expected to grow significantly at over 20% yearly.

Auriant Mining's earnings are expected to grow significantly at over 20% yearly.

Auriant Mining's revenue growth is expected to exceed the Sweden market average.

Auriant Mining's earnings growth is expected to exceed the Sweden market average.

Auriant Mining's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Auriant Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Auriant Mining performed over the past 5 years?

28.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Auriant Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Auriant Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Auriant Mining's 1-year growth to the SE Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Auriant Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Auriant Mining has efficiently used its assets last year compared to the SE Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Auriant Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Auriant Mining's financial position?


Financial Position Analysis

Auriant Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Auriant Mining's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Auriant Mining has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Auriant Mining's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Auriant Mining has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.

Auriant Mining has less than a year of cash runway based on current free cash flow.

Auriant Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 73.3% each year.


Next Steps

Dividend

What is Auriant Mining's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Auriant Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Auriant Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Auriant Mining has not reported any payouts.

Unable to verify if Auriant Mining's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Auriant Mining has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Auriant Mining's dividends in 3 years as they are not expected to pay a notable one for Sweden.


Next Steps

Management

What is the CEO of Auriant Mining's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Sergey Ustimenko (47yo)

3.6yrs

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

Sergey's remuneration is lower than average for companies of similar size in Sweden.

Insufficient data for Sergey to compare compensation growth.


Management Age and Tenure

3.3yrs

Average Tenure

44.5yo

Average Age

The tenure for the Auriant Mining management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

68yo

Average Age

The tenure for the Auriant Mining board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Vladimir Churin (63yo)

    Chief Geologist

    • Tenure: 6.8yrs
    • Compensation: kr901.00k
  • Ekaterina Babaeva (37yo)

    Group General Counsel

    • Tenure: 7.3yrs
    • Compensation: kr592.00k
  • Sergey Ustimenko (47yo)

    Chief Executive Officer

    • Tenure: 3.6yrs
    • Compensation: kr2.54m
  • Konstantin Chernov (44yo)

    Human Resources Director

    • Tenure: 3.1yrs
    • Compensation: kr295.00k
  • Maria Carrasco (42yo)

    Deputy CEO & Head of Stockholm Office

    • Tenure: 2.8yrs
    • Compensation: kr124.00k
  • Ekaterina Popova

    Head of PR&IR

    • Tenure: 0.0yrs
  • Marina Makarova (45yo)

    Acting Chief Financial Officer

    • Tenure: 1.6yrs

Board Members

  • Peter Daresbury (66yo)

    Chairman of the Board

    • Tenure: 5.3yrs
  • Ingmar Haga (68yo)

    Director

    • Tenure: 7.3yrs
  • Patric Perenius (68yo)

    Director

    • Tenure: 2.3yrs
  • Preston Haskell (53yo)

    Director

    • Tenure: 10.6yrs
  • James Smith (75yo)

    Deputy Board Member

    • Tenure: 5.3yrs
  • Andrey Barinskiy

    Deputy Director

    • Tenure: 0.3yrs

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: kr330.472m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUROM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKMar 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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 20:50
End of Day Share Price2019/08/19 00:00
Earnings2019/03/31
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.