OTCPK:ANXG.F

Stock Analysis Report

Executive Summary

Anaconda Mining Inc. operates as a gold mining, development, and exploration company in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ANXG.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

21.6%

ANXG.F

0.2%

US Metals and Mining

-4.2%

US Market


1 Year Return

-10.0%

ANXG.F

-3.3%

US Metals and Mining

14.0%

US Market

Return vs Industry: ANXG.F underperformed the US Metals and Mining industry which returned -3.3% over the past year.

Return vs Market: ANXG.F underperformed the US Market which returned 14% over the past year.


Shareholder returns

ANXG.FIndustryMarket
7 Day21.6%0.2%-4.2%
30 Day20.8%-3.2%-1.8%
90 Day11.7%-2.1%2.6%
1 Year-10.0%-10.0%-0.8%-3.3%16.3%14.0%
3 Year-23.1%-23.1%-1.5%-6.8%43.2%34.0%
5 Year17.2%17.2%20.3%11.0%65.9%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

126.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ANXG.F is poor value based on its PE Ratio (126.6x) compared to the Metals and Mining industry average (11x).

PE vs Market: ANXG.F is poor value based on its PE Ratio (126.6x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: ANXG.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ANXG.F is good value based on its PB Ratio (0.7x) compared to the US Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

-137.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANXG.F's earnings are forecast to decline over the next 3 years (-137.5% per year).

Earnings vs Market: ANXG.F's earnings are forecast to decline over the next 3 years (-137.5% per year).

High Growth Earnings: ANXG.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ANXG.F's revenue (4.7% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: ANXG.F'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 ANXG.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Anaconda Mining performed over the past 5 years?

-3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANXG.F has a large one-off gain of CA$819.5K impacting its September 30 2019 financial results.

Growing Profit Margin: ANXG.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ANXG.F's earnings have declined by -3.3% per year over the past 5 years.

Accelerating Growth: ANXG.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ANXG.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-32.4%).


Return on Equity

High ROE: ANXG.F's Return on Equity (0.5%) is considered low.


Next Steps

Financial Health

How is Anaconda Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ANXG.F's short term assets (CA$12.6M) exceed its short term liabilities (CA$11.2M).

Long Term Liabilities: ANXG.F's short term assets (CA$12.6M) exceed its long term liabilities (CA$6.2M).


Debt to Equity History and Analysis

Debt Level: ANXG.F's debt to equity ratio (8.6%) is considered satisfactory.

Reducing Debt: ANXG.F's debt to equity ratio has increased from 0.3% to 8.6% over the past 5 years.

Debt Coverage: ANXG.F's debt is well covered by operating cash flow (190.6%).

Interest Coverage: Insufficient data to determine if ANXG.F's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: ANXG.F's debt is covered by short term assets (assets are 3x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

1.8yrs

Average management tenure


CEO

Kevin Bullock (54yo)

0.8yrs

Tenure

CA$22,298

Compensation

Mr. Kevin Bullock, P.Eng., serves as Chief Executive Officer of Anaconda Mining Inc. since April 3, 2019 and serves as its Director since 2019. Mr. Bullock serves as President of Anaconda Mining Inc. since ...


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Bullock
President0.8yrsCA$22.30k0.55% CA$136.6k
Robert Dufour
CFO & Corporate Secretary2.8yrsCA$317.11k0.48% CA$120.9k
Lynn Hammond
Vice President of Public Relations0yrsno datano data
Amanda Abballe
Vice President of Human Resources0.5yrsno datano data
Paul McNeill
Vice President of Exploration5.7yrsno datano data

1.8yrs

Average Tenure

Experienced Management: ANXG.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kevin Bullock
President0.8yrsCA$22.30k0.55% CA$136.6k
Lewis Lawrick
Independent Director13.1yrsCA$50.82k0.33% CA$81.7k
Michael Byron
Independent Director8yrsCA$38.30k0.032% CA$7.9k
Jonathan Fitzgerald
Non-Executive Chairman2.8yrsCA$76.58k0.094% CA$23.5k
Marufur Raza
Independent Director8yrsCA$60.56kno data
Jacques Levesque
Director2.8yrsCA$33.04k3.52% CA$878.9k

5.4yrs

Average Tenure

57yo

Average Age

Experienced Board: ANXG.F's board of directors are considered experienced (5.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ANXG.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 11.7%.


Top Shareholders

Company Information

Anaconda Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anaconda Mining Inc.
  • Ticker: ANXG.F
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$33.128m
  • Listing Market Cap: CA$24.959m
  • Shares outstanding: 135.22m
  • Website: https://www.anacondamining.com

Number of Employees


Location

  • Anaconda Mining Inc.
  • 150 York Street
  • Suite 410
  • Toronto
  • Ontario
  • M5H 3S5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GJ2BDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1995
ANXTSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 1995
ANXG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1995

Biography

Anaconda Mining Inc. operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 5 mining leases and 24 mineral licenses with a total of 5,878 hectares located in the Baie Verte Mining District, Newfoundland; Goldboro project comprising 37 contiguous claims covering an area of 600 hectares situated to the northeast of Halifax, Nova Scotia; and Viking project that covers an area of 6,225 hectares of prospective land located in Newfoundland. The company also holds interest in the Great Northern project comprising 2 claim blocks that covers an area of approximately 9,850 hectares located near the community of Jackson's Arm, Newfoundland; and has an option agreement to acquire 100% interest in the Tilt Cove property located within the Baie Verte Mining District. In addition, it holds interest in Cape Spencer, an early stage exploration project, which includes 106 claims covering an area of approximately 2,350 hectares located in City of Saint john, New Brunswick. Anaconda Mining Inc. was incorporated in 1994 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:13
End of Day Share Price2020/02/24 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.