OM:AUR

Stock Analysis Report

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Market Cap

kr445.0m

Last Updated

2021/06/14 21:30 UTC

Data Sources

Company Financials +

Executive Summary

Auriant Mining AB (publ), a junior mining company, engages in the exploration and production of gold in Russia. More Details


Snowflake Analysis

Undervalued with moderate growth potential.

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 is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AUR's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-3.2%

AUR

0.5%

SE Metals and Mining

0.5%

SE Market


1 Year Return

4.9%

AUR

68.1%

SE Metals and Mining

46.5%

SE Market

Return vs Industry: AUR underperformed the Swedish Metals and Mining industry which returned 68.1% over the past year.

Return vs Market: AUR underperformed the Swedish Market which returned 46.5% over the past year.


Shareholder returns

AURIndustryMarket
7 Day-3.2%0.5%0.5%
30 Day-2.8%1.2%3.6%
90 Day-10.5%4.5%7.1%
1 Year4.9%4.9%72.9%68.1%51.7%46.5%
3 Year88.7%88.7%14.5%5.3%74.1%57.2%
5 Year23.9%23.9%137.4%104.3%116.4%74.1%

Long-Term 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 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 (SEK4.51) is trading below our estimate of fair value (SEK43.71)

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 (8x) compared to the Swedish Metals and Mining industry average (23.1x).

PE vs Market: AUR is good value based on its PE Ratio (8x) compared to the Swedish market (24.1x).


Price to Earnings Growth Ratio

PEG Ratio: AUR is good value based on its PEG Ratio (0.2x)


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.


Future Growth

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

50.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUR's forecast earnings growth (50.7% per year) is above the savings rate (0.3%).

Earnings vs Market: AUR's earnings (50.7% per year) are forecast to grow faster than the Swedish market (3.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AUR's revenue (4.7% per year) is forecast to grow slower than the Swedish market (6.9% per year).

High Growth Revenue: AUR's revenue (4.7% per year) is forecast to grow slower than 20% 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


Past Performance

How has Auriant Mining performed over the past 5 years?

46.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUR has high quality earnings.

Growing Profit Margin: AUR's current net profit margins (13.1%) are lower than last year (16.5%).


Past Earnings Growth Analysis

Earnings Trend: AUR has become profitable over the past 5 years, growing earnings by 46.5% per year.

Accelerating Growth: AUR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AUR had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (-14.6%).


Return on Equity

High ROE: AUR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


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 (39.4%).

Interest Coverage: AUR's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Dividend

What is Auriant Mining 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?

0.8yrs

Average management tenure


CEO

Danilo Lange (47 yo)

0.75

Tenure

US$20,700

Compensation

Mr. Danilo Lange had been Director of Auriant Mining AB (publ) since May 19, 2020 and serves as its Chief Executive Officer since September 5, 2020. Mr. Lange will lead the Company in the next stage of its...


Leadership Team

Experienced Management: AUR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: AUR's board of directors are considered experienced (7.1 years average tenure).


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.


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: kr444.951m
  • Shares outstanding: 98.77m
  • Website: https://www.auriant.com

Number of Employees


Location

  • Auriant Mining AB (publ)
  • Box 55696
  • Stockholm
  • Stockholm County
  • 102 15
  • Sweden

Listings


Biography

Auriant Mining AB (publ), a junior mining company, engages in the exploration and production of gold in Russia. The company holds interest in two producing mines, including the Tardan project in the Republ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 21:30
End of Day Share Price2021/06/14 00:00
Earnings2021/03/31
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.