OTCPK:ANLB.F

Stock Analysis Report

Executive Summary

Aton Resources Inc., a mineral exploration company, explores for and develops mineral properties in the Arab Republic of Egypt.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Aton Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-11.4%

ANLB.F

-3.7%

US Metals and Mining

-7.4%

US Market


1 Year Return

-27.3%

ANLB.F

-5.7%

US Metals and Mining

10.5%

US Market

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

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


Shareholder returns

ANLB.FIndustryMarket
7 Day-11.4%-3.7%-7.4%
30 Day48.7%-4.5%-3.6%
90 Day45.0%-5.2%-0.6%
1 Year-27.3%-27.3%-3.3%-5.7%12.8%10.5%
3 Year-30.3%-30.3%-6.6%-11.6%37.4%28.6%
5 Yearn/a16.9%7.8%61.3%43.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Aton Resources undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Aton Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Aton Resources 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 ANLB.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.
  • 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 Aton Resources regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Aton Resources 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 Aton Resources 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 ANLB.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 Aton Resources's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Aton Resources performed over the past 5 years?

-16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANLB.F is currently unprofitable.

Growing Profit Margin: ANLB.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ANLB.F is unprofitable, and losses have increased over the past 5 years at a rate of -16.6% per year.

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

Earnings vs Industry: ANLB.F 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: ANLB.F'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 Aton Resources's financial position?


Financial Position Analysis

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

Long Term Liabilities: ANLB.F 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: ANLB.F is debt free.

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


Balance Sheet

Inventory Level: ANLB.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ANLB.F's debt is 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: ANLB.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ANLB.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27.2% each year


Next Steps

Dividend

What is Aton Resources'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 ANLB.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if ANLB.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 ANLB.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?

4.2yrs

Average management tenure


CEO

Mark Campbell (60yo)

4.3yrs

Tenure

CA$168,148

Compensation

Mr. Mark W. Campbell has been Chief Executive Officer of Aton Resources Inc since October 23, 2015 and has been its President since January 20, 2016. Mr. Campbell served as Interim President of Alexander N ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD126.69K) is below average for companies of similar size in the US market ($USD524.26K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Mark Campbell
President4.3yrsCA$168.15k0.21% CA$20.8k
Justin Blanchet
Chief Financial Officer6.8yrsCA$75.85kno data
Mohammed Melegi
Chief Accountant & Controller of Egypt4.1yrsno datano data
Robert Munro
CEO & Director of Chrysalis Capital Vii Corporation0yrsno datano data
Christina Boddy
Corporate Secretary0yrsno datano data
Javier Orduña
Exploration Manager2.1yrsno datano data

4.2yrs

Average Tenure

43yo

Average Age

Experienced Management: ANLB.F's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Campbell
President4.3yrsCA$168.15k0.21% CA$20.8k
Robert Munro
CEO & Director of Chrysalis Capital Vii Corporation0yrsno datano data
Robert Angus
Member of Advisory Board5.3yrsno datano data
William Koutsouras
Chairman of the Board5.1yrsCA$39.84kno data
Anthony Clements
Independent Director3.8yrsCA$39.84kno data
Marc Lavine
Chairman of Chrysalis Capital Vii Corporation0yrsno datano data
John Stalker
Member of Advisory Board0yrsno datano data
David Laing
Independent Director3.8yrsCA$39.84k0.18% CA$18.2k
Giles Baynham
Director9.3yrsCA$39.84k0.27% CA$27.1k
James Leahy
Member of Advisory Board4.3yrsno datano data

5.1yrs

Average Tenure

59yo

Average Age

Experienced Board: ANLB.F's board of directors are considered experienced (5.1 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 been diluted in the past year, with total shares outstanding growing by 31.9%.


Top Shareholders

Company Information

Aton Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aton Resources Inc.
  • Ticker: ANLB.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$13.319m
  • Listing Market Cap: CA$10.035m
  • Shares outstanding: 332.98m
  • Website: https://www.atonresources.com

Location

  • Aton Resources Inc.
  • 666 Burrard Street
  • Suite 1700
  • Vancouver
  • British Columbia
  • V6C 2X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AANTSXV (TSX Venture Exchange)YesNew Common SharesCACADOct 2010
7X81DB (Deutsche Boerse AG)YesNew Common SharesDEEUROct 2010
ANLB.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDOct 2010

Biography

Aton Resources Inc., a mineral exploration company, explores for and develops mineral properties in the Arab Republic of Egypt. The company primarily explores for gold, silver, copper, and zinc deposits. It holds a 100% interest in the Abu Marawat concession covering an area of 596 square kilometers located in Egypt. The company was formerly known as Alexander Nubia International Inc. and changed its name to Aton Resources Inc. in June 2016. Aton Resources Inc. is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:35
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.