OTCPK:ALTA.F

Stock Analysis Report

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Executive Summary

Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia.


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALTA.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ALTA.F

0.8%

US Metals and Mining

2.9%

US Market


1 Year Return

-75.3%

ALTA.F

7.2%

US Metals and Mining

8.9%

US Market

Return vs Industry: ALTA.F underperformed the US Metals and Mining industry which returned 7.2% over the past year.

Return vs Market: ALTA.F underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

ALTA.FIndustryMarket
7 Day0%0.8%2.9%
30 Day0%5.4%10.6%
90 Day-50.0%5.1%5.1%
1 Year-75.3%-75.3%9.8%7.2%11.4%8.9%
3 Year-82.9%-82.9%4.5%-2.2%34.3%25.4%
5 Year0%0%23.5%13.0%60.7%42.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Altura Mining undervalued compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: ALTA.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALTA.F is good value based on its PB Ratio (1.1x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Altura Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.4%

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 Altura Mining 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

  • Take a look at our analysis of ALTA.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Altura Mining's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Altura Mining performed over the past 5 years?

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALTA.F is currently unprofitable.

Growing Profit Margin: ALTA.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALTA.F is unprofitable, and losses have increased over the past 5 years at a rate of -12.3% per year.

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

Earnings vs Industry: ALTA.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).


Return on Equity

High ROE: ALTA.F has a negative Return on Equity (-45.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Altura Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ALTA.F's short term assets (A$49.6M) do not cover its short term liabilities (A$228.8M).

Long Term Liabilities: ALTA.F's short term assets (A$49.6M) exceed its long term liabilities (A$13.5M).


Debt to Equity History and Analysis

Debt Level: ALTA.F's debt to equity ratio (190.6%) is considered high.

Reducing Debt: ALTA.F's debt to equity ratio has increased from 62.5% to 190.6% over the past 5 years.


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: ALTA.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ALTA.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALTA.F'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 ALTA.F's dividends per share have been stable in the past.

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


Next Steps

Management

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

9.8yrs

Average management tenure


CEO

James Brown (55yo)

9.75yrs

Tenure

AU$799,612

Compensation

Mr. James Stuart Brown has been the Chief Executive Officer of Altura Mining Limited since May 2010 and has been its Managing Director since September 2010 and also served as Interim Chief Operating Office ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD554.82K) is about average for companies of similar size in the US market ($USD577.87K).

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Brown
MD & Director9.75yrsAU$799.61k1.06% A$1.0m
Paul Mantell
Executive Director11.08yrsAU$496.74k1.24% A$1.2m
Damon Cox
Company Secretary11.67yrsAU$211.12k0.063% A$59.8k
Noel Young
Group Financial Controllerno dataAU$227.45k0.62% A$595.0k
Rodney Wheatley
CFO & Directorno datano datano data
Alex Cheeseman
General Manager of Marketing1.25yrsno datano data

9.8yrs

Average Tenure

Experienced Management: ALTA.F's management team is seasoned and experienced (9.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Brown
MD & Director9.75yrsAU$799.61k1.06% A$1.0m
Paul Mantell
Executive Director11.08yrsAU$496.74k1.24% A$1.2m
Rodney Wheatley
CFO & Directorno datano datano data
Beng Kuan
Independent Non-Executive Director12.58yrsAU$91.98k0.89% A$849.0k
Allan Buckler
Non-Executive Director11.5yrsAU$78.84k28.28% A$27.0m
Dennis O'Neill
Independent Non-Executive Director11.5yrsAU$91.98k0.46% A$435.1k
Xiaoyu Dai
Non-Executive Director0.75yrno datano data

11.3yrs

Average Tenure

66yo

Average Age

Experienced Board: ALTA.F's board of directors are seasoned and experienced ( 11.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALTA.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40.5%.


Top Shareholders

Company Information

Altura Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Altura Mining Limited
  • Ticker: ALTA.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$137.367m
  • Listing Market Cap: AU$95.315m
  • Shares outstanding: 2.99b
  • Website: https://www.alturamining.com

Number of Employees


Location

  • Altura Mining Limited
  • 23 Barrack Street
  • Level 2
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AJMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 1988
ALTA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 1988
AJMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 1988
HDGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 1988
HDGBST (Boerse-Stuttgart)YesOrdinary SharesDEEURSep 1988

Biography

Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. It operates through Lithium Mining, Exploration Services, and Mineral Exploration segments. The company’s flagship property is the Altura Lithium Project located at Pilgangoora in Western Australia. It also provides drilling services primarily to mining and exploration companies. The company is based in Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 04:26
End of Day Share Price2020/06/01 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.