OTCPK:AMNL

Stock Analysis Report

Executive Summary

Applied Minerals, Inc. extracts, processes, and markets halloysite clay and iron oxide.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Applied Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-9.1%

AMNL

-3.7%

US Metals and Mining

-7.4%

US Market


1 Year Return

-76.5%

AMNL

-5.7%

US Metals and Mining

10.5%

US Market

Return vs Industry: AMNL underperformed the US Metals and Mining industry which returned -5.7% over the past year.

Return vs Market: AMNL underperformed the US Market which returned 10.5% over the past year.


Shareholder returns

AMNLIndustryMarket
7 Day-9.1%-3.7%-7.4%
30 Day11.1%-4.5%-3.6%
90 Day-24.5%-5.2%-0.6%
1 Year-76.5%-76.5%-3.3%-5.7%12.8%10.5%
3 Year-90.0%-90.0%-6.6%-11.6%37.4%28.6%
5 Year-98.6%-98.6%16.9%7.8%61.3%43.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Applied Minerals undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Applied Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Applied Minerals 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

  • Take a look at our analysis of AMNL’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.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Applied Minerals regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

12.6%

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 Applied Minerals 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 AMNL’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 Applied Minerals's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Applied Minerals performed over the past 5 years?

14.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMNL is currently unprofitable.

Growing Profit Margin: AMNL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AMNL is unprofitable, but has reduced losses over the past 5 years at a rate of 14.7% per year.

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

Earnings vs Industry: AMNL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-32.4%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Applied Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: AMNL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AMNL 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: AMNL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AMNL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: AMNL has a high level of physical assets or inventory.

Debt Coverage by Assets: AMNL 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.

Stable Cash Runway: AMNL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AMNL has less than a year of cash runway if free cash flow continues to grow at historical rates of 39.2% each year.


Next Steps

Dividend

What is Applied Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.9%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate AMNL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMNL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMNL'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 AMNL'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?

4.5yrs

Average management tenure


CEO

Mario Concha (79yo)

0.4yrs

Tenure

US$140,838

Compensation

Mr. Mario Concha serves as President and Chief Executive Officer of Applied Minerals, Inc. since September 9, 2019. Mr. Concha serves as Managing Partner of Partners for Business Success, LLC. Mr. Concha s ...


Leadership Team

NamePositionTenureCompensationOwnership
Mario Concha
Chairman0.4yrsUS$140.84k1.27% $22.3k
Christopher Carney
CFO & VP of Business Development4.5yrsUS$220.00k0.45% $7.8k
William Gleeson
General Counsel & Secretary8.4yrsUS$270.00kno data
Sharad Mathur
Chief Technology Officer1.1yrsno datano data
Brian Newsome
Director of Sales4.7yrsno datano data

4.5yrs

Average Tenure

76yo

Average Age

Experienced Management: AMNL's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mario Concha
Chairman0.4yrsUS$140.84k1.27% $22.3k
Jonathan F. Levy
Non-Executive Vice Chairman3.6yrsUS$52.95k0.59% $10.3k
Robert Betz
Independent Director6.1yrsUS$82.99k0.46% $8.0k
Michael Pohly
Independent Director1.7yrsUS$42.22kno data
Michael Barry
Independent Director1.8yrsUS$49.65kno data
Ian Wilson
Member of Technical Advisory Board0yrsno datano data
Ali Zamani
Independent Director6yrsUS$44.13k0.49% $8.7k
Alexandre Zyngier
Lead Director0yrsUS$33.40k0.47% $8.2k
Geoffrey Scott
Independent Director0.9yrsno data4.53% $79.5k

3.6yrs

Average Tenure

56yo

Average Age

Experienced Board: AMNL's board of directors are considered experienced (3.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.8%.


Top Shareholders

Company Information

Applied Minerals, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Applied Minerals, Inc.
  • Ticker: AMNL
  • Exchange: OTCPK
  • Founded: 1924
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: US$1.755m
  • Shares outstanding: 175.51m
  • Website: https://www.appliedminerals.com

Number of Employees


Location

  • Applied Minerals, Inc.
  • 55 Washington Street
  • Suite 301
  • Brooklyn
  • New York
  • 11201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMNLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1975

Biography

Applied Minerals, Inc. extracts, processes, and markets halloysite clay and iron oxide. The company owns the Dragon mine property that consists of 38 patented and 6 unpatented mining claims covering an area of 267 acres located in Juab County, Utah. It offers halloysite clay-based line of products for use in various applications, such as molecular sieves and catalysts, flame retardant additives for plastics, binders for ceramics, nucleation and/or reinforcement of polymers, paints and coatings, cement, batteries, controlled release carriers cosmetics, and others under the tradename DRAGONITE. The company also provides natural iron oxide-based products for the pigmentary and technical application markets under the tradename AMIRON. It markets and sells its products directly and through distributors. The company was formerly known as Atlas Mining Company and changed its name to Applied Minerals, Inc. in October 2009. Applied Minerals, Inc. was founded in 1924 and is based in Brooklyn, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 00:08
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
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.