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Altura Mining

OTCPK:ALTA.F
Snowflake Description

Exceptional growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALTA.F
OTCPK
A$234M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. The last earnings update was 71 days ago. More info.


Add to Portfolio Compare Print
  • Altura Mining has significant price volatility in the past 3 months.
ALTA.F Share Price and Events
7 Day Returns
1%
OTCPK:ALTA.F
-0.5%
US Metals and Mining
1.6%
US Market
1 Year Returns
-72.1%
OTCPK:ALTA.F
-28.4%
US Metals and Mining
2.6%
US Market
ALTA.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altura Mining (ALTA.F) 1% -13.1% -9.1% -72.1% -53.5% -44.1%
US Metals and Mining -0.5% -10% -10.4% -28.4% 6.4% -19.4%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • ALTA.F underperformed the Metals and Mining industry which returned -28.4% over the past year.
  • ALTA.F underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
ALTA.F
Industry
5yr Volatility vs Market

ALTA.F Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Altura Mining to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Altura Mining.

OTCPK:ALTA.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:ALTA.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.961 (1 + (1- 30%) (75.31%))
1.313
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.31
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.313 * 5.96%)
10.56%

Discounted Cash Flow Calculation for OTCPK:ALTA.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Altura Mining is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:ALTA.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 10.56%)
2019 -68.00 Analyst x1 -61.51
2020 -10.00 Analyst x1 -8.18
2021 32.00 Analyst x1 23.68
2022 54.40 Est @ 70% 36.41
2023 81.50 Est @ 49.82% 49.34
2024 110.59 Est @ 35.69% 60.56
2025 139.13 Est @ 25.8% 68.91
2026 165.39 Est @ 18.88% 74.10
2027 188.61 Est @ 14.04% 76.43
2028 208.68 Est @ 10.64% 76.49
Present value of next 10 years cash flows A$396.23
OTCPK:ALTA.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$208.68 × (1 + 2.73%) ÷ (10.56% – 2.73%)
A$2,738.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$2,738.73 ÷ (1 + 10.56%)10
A$1,003.82
OTCPK:ALTA.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$396.23 + A$1,003.82
A$1,400.05
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$1,400.05 / 2,125.46
A$0.66
OTCPK:ALTA.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:ALTA.F represents 0.71091x of ASX:AJM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.71091x
Value per Share
(Listing Adjusted, USD)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 0.66 x 0.71091
$0.47
Value per share (USD) From above. $0.47
Current discount Discount to share price of $0.08
= -1 x ($0.08 - $0.47) / $0.47
83.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Altura Mining is available for.
Intrinsic value
>50%
Share price is $0.0782 vs Future cash flow value of $0.46828
Current Discount Checks
For Altura Mining to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Altura Mining's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Altura Mining's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Altura Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altura Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ALTA.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:AJM Share Price ** ASX (2019-05-21) in AUD A$0.11
United States of America Metals and Mining Industry PE Ratio Median Figure of 47 Publicly-Listed Metals and Mining Companies 9.46x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Altura Mining.

OTCPK:ALTA.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:AJM Share Price ÷ EPS (both in AUD)

= 0.11 ÷ -0.01

-10.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altura Mining is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Altura Mining is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Altura Mining's expected growth come at a high price?
Raw Data
OTCPK:ALTA.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
100.2%per year
United States of America Metals and Mining Industry PEG Ratio Median Figure of 25 Publicly-Listed Metals and Mining Companies 0.61x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Altura Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altura Mining's assets?
Raw Data
OTCPK:ALTA.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
ASX:AJM Share Price * ASX (2019-05-21) in AUD A$0.11
United States of America Metals and Mining Industry PB Ratio Median Figure of 104 Publicly-Listed Metals and Mining Companies 1.38x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
OTCPK:ALTA.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:AJM Share Price ÷ Book Value per Share (both in AUD)

= 0.11 ÷ 0.04

2.54x

* Primary Listing of Altura Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altura Mining is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Altura Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Altura Mining has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ALTA.F Future Performance

 How is Altura Mining expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
100.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altura Mining expected to grow at an attractive rate?
  • Altura Mining's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Altura Mining's earnings growth is expected to exceed the United States of America market average.
  • Altura Mining's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:ALTA.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ALTA.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 100.2%
OTCPK:ALTA.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 80.8%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 20.2%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ALTA.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ALTA.F Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 227 81 45 4
2020-06-30 195 64 40 4
2019-06-30 43 11 -18 4
OTCPK:ALTA.F Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 8 -19
2018-09-30 1 2 -16
2018-06-30 1 -5 -13
2018-03-31 1 -5 -10
2017-12-31 1 -4 -8
2017-09-30 1 -5 -7
2017-06-30 1 -6 -6
2016-12-31 1 -6 -32
2016-09-30 1 -5 -32
2016-06-30 1 -4 -31
2016-03-31 2 -4 -18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Altura Mining's earnings are expected to grow significantly at over 20% yearly.
  • Altura Mining's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ALTA.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Altura Mining Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ALTA.F Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.02 0.02 0.02 4.00
2020-06-30 0.02 0.02 0.01 3.00
2019-06-30 -0.01 0.00 -0.01 4.00
OTCPK:ALTA.F Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2016-12-31 -0.03
2016-09-30 -0.03
2016-06-30 -0.03
2016-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Altura Mining is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Altura Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Altura Mining has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ALTA.F Past Performance

  How has Altura Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Altura Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Altura Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Altura Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Altura Mining's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Altura Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Altura Mining Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ALTA.F Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1.21 -19.42 9.46
2018-09-30 1.19 -16.10 8.46
2018-06-30 1.17 -12.78 7.47
2018-03-31 1.29 -10.23 6.38
2017-12-31 1.42 -7.68 5.29
2017-09-30 1.35 -6.78 5.30
2017-06-30 1.27 -5.88 5.30
2016-12-31 0.61 -31.78 7.25
2016-09-30 0.98 -31.52 6.88
2016-06-30 1.35 -31.26 6.51
2016-03-31 2.37 -17.95 5.88
2015-12-31 3.39 -4.40 5.03
2015-09-30 4.07 -10.73 5.08
2015-06-30 4.75 -17.05 5.13
2015-03-31 4.83 -18.05 4.76
2014-12-31 4.92 -19.04 4.38
2014-09-30 6.18 -13.03 4.08
2014-06-30 7.45 -7.02 3.78
2014-03-31 7.81 -4.39 3.86
2013-12-31 8.17 -1.77 3.94
2013-09-30 7.61 -1.38 4.12
2013-06-30 7.04 -0.98 4.30
2013-03-31 7.84 -2.07 4.53
2012-12-31 8.63 -3.16 4.76
2012-09-30 9.04 -2.54 4.89
2012-06-30 9.44 -1.92 5.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Altura Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Altura Mining has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Altura Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Altura Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Altura Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ALTA.F Health

 How is Altura Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Altura Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altura Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Altura Mining's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Altura Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Altura Mining Company Filings, last reported 4 months ago.

OTCPK:ALTA.F Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 79.38 176.08 9.11
2018-09-30 79.38 176.08 9.11
2018-06-30 93.35 145.89 28.81
2018-03-31 93.35 145.89 28.81
2017-12-31 101.17 141.75 110.26
2017-09-30 101.17 141.75 110.26
2017-06-30 56.95 15.68 13.32
2016-12-31 23.04 17.27 11.52
2016-09-30 23.04 17.27 11.52
2016-06-30 21.54 18.44 22.18
2016-03-31 21.54 18.44 22.18
2015-12-31 24.08 17.76 1.33
2015-09-30 24.08 17.76 1.33
2015-06-30 25.82 18.00 3.37
2015-03-31 25.82 18.00 3.37
2014-12-31 25.11 15.83 1.11
2014-09-30 25.11 15.83 1.11
2014-06-30 51.86 31.90 3.68
2014-03-31 51.86 31.90 3.68
2013-12-31 56.46 22.13 2.67
2013-09-30 56.46 22.13 2.67
2013-06-30 58.71 16.96 3.44
2013-03-31 58.71 16.96 3.44
2012-12-31 57.04 0.04 18.58
2012-09-30 57.04 0.04 18.58
2012-06-30 58.72 0.09 23.60
  • Altura Mining's level of debt (221.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (39.4% vs 221.8% today).
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.

  • Altura Mining has less than a year of cash runway based on current free cash flow.
  • Altura Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 79% each year.
X
Financial health checks
We assess Altura Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Altura Mining has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ALTA.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Altura Mining dividends. Estimated to be 0% next year.
If you bought $2,000 of Altura Mining shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Altura Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altura Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ALTA.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:ALTA.F Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Altura Mining has not reported any payouts.
  • Unable to verify if Altura Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altura Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altura Mining has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Altura Mining's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Altura Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Altura Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altura Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ALTA.F Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
James Brown
COMPENSATION A$928,819
AGE 54
TENURE AS CEO 8.7 years
CEO Bio

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 Officer since January 2019 until February 22, 2019. Mr. Brown served as Group General Manager of Haddington Resources Ltd. from December 2008 to May 2010. His mining development and operations experience includes the New Acland and Jeebropilly mines in South East Queensland, the Adaro and Multi Harapan Utama operations in Indonesia and Blair Athol in the Bowen Basin in Central Queensland. Mr. Brown is a qualified mining engineer with over 35 years' experience in the exploration and mining sector in Australia and Indonesia and has been managing Haddington's Indonesian operations at the Tabalong coal project, Asiadrill and Velseis, for two years. He has been an Independent Director at Lithium Corporation since December 19, 2012 and Sayona Mining Limited since August 12, 2013. He serves as a Director of Altura Mining Limited. He is a member of the Australian Institute of Company Directors (MAICD). He has Graduate Diploma in Mining from University of Ballarat.

CEO Compensation
  • James's compensation has increased whilst company is loss making.
  • James's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Altura Mining management team in years:

3.3
Average Tenure
  • The tenure for the Altura Mining management team is about average.
Management Team

James Brown

TITLE
MD & Director
COMPENSATION
A$929K
AGE
54
TENURE
8.7 yrs

Paul Mantell

TITLE
CFO & Executive Director
COMPENSATION
A$580K
TENURE
3.3 yrs

Damon Cox

TITLE
Company Secretary
COMPENSATION
A$231K
TENURE
10.6 yrs

Phil Robinson

TITLE
Chief Operating Officer
TENURE
0.3 yrs

Alex Cheeseman

TITLE
General Manager of Marketing
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Altura Mining board of directors in years:

10.4
Average Tenure
65
Average Age
  • The average tenure for the Altura Mining board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

James Brown

TITLE
MD & Director
COMPENSATION
A$929K
AGE
54
TENURE
8.7 yrs

Paul Mantell

TITLE
CFO & Executive Director
COMPENSATION
A$580K
TENURE
10 yrs

BT Kuan

TITLE
Non-Executive Director
COMPENSATION
A$120K
TENURE
11.5 yrs

Dan O'Neill

TITLE
Non-Executive Director
COMPENSATION
A$120K
AGE
65
TENURE
10.4 yrs

Allan Buckler

TITLE
Non-Executive Director
COMPENSATION
A$107K
AGE
71
TENURE
10.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Altura Mining insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. May 19 Sell Shaanxi J&R Optimum Energy Co., Ltd Company 29. Mar 19 10. May 19 -18,344,687 $0.10 $-1,640,244
27. Mar 19 Buy Allan Buckler Individual 26. Mar 19 26. Mar 19 116,933,615 $0.09 $10,855,766
21. Mar 19 Sell Shaanxi J&R Optimum Energy Co., Ltd Company 13. Mar 19 20. Mar 19 -7,122,334 $0.10 $-719,122
12. Mar 19 Sell Shaanxi J&R Optimum Energy Co., Ltd Company 25. Feb 19 12. Mar 19 -15,836,669 $0.11 $-1,567,995
04. Mar 19 Sell James Brown Individual 27. Feb 19 27. Feb 19 -1,200,000 $0.10 $-119,837
20. Feb 19 Sell Shaanxi J&R Optimum Energy Co., Ltd Company 18. Feb 19 18. Feb 19 -3,000,000 $0.10 $-278,394
X
Management checks
We assess Altura Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Altura Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ALTA.F News

Simply Wall St News

ALTA.F Company Info

Description

Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. It operates through Coal Mining, Lithium Mining, Exploration Services, and Mineral Exploration segments. The company focuses on the construction and development of its 100% owned Pilgangoora Lithium project located in the Pilbara region of Western Australia. It also provides drilling services to mining and exploration companies. The company is based in Perth, Australia.

Details
Name: Altura Mining Limited
ALTA.F
Exchange: OTCPK
Founded:
A$160,820,520
2,125,462,476
Website: http://www.alturamining.com
Address: Altura Mining Limited
23 Barrack Street,
Level 2,
Perth,
Western Australia, 6000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX AJM Ordinary Shares Australian Securities Exchange AU AUD 13. Sep 1988
OTCPK ALTA.F Ordinary Shares Pink Sheets LLC US USD 13. Sep 1988
DB HDG Ordinary Shares Deutsche Boerse AG DE EUR 13. Sep 1988
BST HDG Ordinary Shares Boerse-Stuttgart DE EUR 13. Sep 1988
CHIA AJM Ordinary Shares Chi-X Australia AU AUD 13. Sep 1988
Number of employees
Current staff
Staff numbers
0
Altura Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:17
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/06
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.