Ascendant Resources Inc.

OTCPK:ASDR.F Stock Report

Market Cap: US$5.8m

Ascendant Resources Valuation

Is ASDR.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ASDR.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASDR.F ($0.03) is trading below our estimate of fair value ($8.75)

Significantly Below Fair Value: ASDR.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASDR.F?

Key metric: As ASDR.F is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for ASDR.F. This is calculated by dividing ASDR.F's market cap by their current book value.
What is ASDR.F's PB Ratio?
PB Ratio-0.3x
Book-US$20.40m
Market CapUS$5.83m

Price to Book Ratio vs Peers

How does ASDR.F's PB Ratio compare to its peers?

The above table shows the PB ratio for ASDR.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.7x
CHNR China Natural Resources
0.6xn/aUS$6.4m
RYES Rise Gold
1.9xn/aUS$4.7m
BMXI Brookmount Explorations
0.1xn/aUS$4.8m
LTUM Lithium
4xn/aUS$4.3m
ASDR.F Ascendant Resources
n/a49.1%US$8.4m

Price-To-Book vs Peers: ASDR.F has negative equity and a Price-To-Book Ratio (-0.3x) compared to the peer average (1.7x).

Price to Book Ratio vs Industry

How does ASDR.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
BMXI Brookmount Explorations
0.1xn/aUS$4.79m
HZMM.F Horizonte Minerals
0.003xn/aUS$1.05m
ASDR.F is unprofitableIndustry Avg. 1.5xNo. of Companies14PB00.81.62.43.24+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: ASDR.F has negative equity and a Price-To-Book Ratio (-0.3x) compared to the US Metals and Mining industry average (1.5x).

Price to Book Ratio vs Fair Ratio

What is ASDR.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASDR.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-0.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ASDR.F's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ASDR.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.029
US$0.20
+586.3%
8.6%US$0.21US$0.18n/a2
Dec ’25US$0.03
US$0.20
+560.0%
8.6%US$0.21US$0.18n/a2
Nov ’25US$0.028
US$0.20
+599.6%
8.6%US$0.21US$0.18n/a2
Oct ’25US$0.032
US$0.20
+527.0%
8.5%US$0.22US$0.18n/a2
Sep ’25US$0.026
US$0.20
+666.3%
8.5%US$0.22US$0.18n/a2
Aug ’25US$0.034
US$0.20
+483.1%
8.5%US$0.22US$0.18n/a2
Jul ’25US$0.031
US$0.24
+693.2%
18.5%US$0.29US$0.18n/a3
Jun ’25US$0.036
US$0.22
+510.0%
13.1%US$0.25US$0.18n/a3
May ’25US$0.042
US$0.22
+416.5%
13.1%US$0.25US$0.18n/a3
Apr ’25US$0.047
US$0.20
+321.6%
18.0%US$0.22US$0.15n/a3
Mar ’25US$0.05
US$0.20
+297.8%
18.0%US$0.22US$0.15n/a3
Feb ’25US$0.052
US$0.20
+281.4%
17.2%US$0.22US$0.15n/a3
Jan ’25US$0.065
US$0.18
+182.6%
16.4%US$0.22US$0.15n/a3
Dec ’24US$0.068
US$0.17
+153.7%
11.0%US$0.19US$0.15US$0.033
Nov ’24US$0.075
US$0.18
+146.7%
1.5%US$0.19US$0.18US$0.0283
Oct ’24US$0.079
US$0.25
+217.7%
36.4%US$0.38US$0.18US$0.0323
Sep ’24US$0.081
US$0.28
+242.5%
28.1%US$0.38US$0.19US$0.0263
Aug ’24US$0.097
US$0.28
+187.8%
28.1%US$0.38US$0.19US$0.0343
Jul ’24US$0.13
US$0.26
+109.1%
35.0%US$0.38US$0.15US$0.0313
Jun ’24US$0.14
US$0.24
+68.4%
25.6%US$0.30US$0.15US$0.0363
May ’24US$0.16
US$0.29
+81.7%
6.0%US$0.30US$0.26US$0.0423
Apr ’24US$0.15
US$0.29
+96.4%
16.4%US$0.34US$0.22US$0.0473
Mar ’24US$0.17
US$0.29
+68.0%
16.4%US$0.34US$0.22US$0.053
Feb ’24US$0.19
US$0.28
+50.8%
15.8%US$0.33US$0.22US$0.0523
Jan ’24US$0.18
US$0.28
+54.3%
16.3%US$0.33US$0.22US$0.0653
Dec ’23US$0.14
US$0.28
+98.8%
16.8%US$0.34US$0.22US$0.0683

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 22:43
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ascendant Resources Inc. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dalton BarettoCanaccord Genuity
null nullCantor Fitzgerald Canada Corporation
Stefan IoannouCormark Securities Inc.