Alba Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in North and South America.
Flawless balance sheet and fair value.
Share Price & News
How has Alba Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXVE.F's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: Insufficient data to determine how AXVE.F performed against the US Metals and Mining industry.
Return vs Market: Insufficient data to determine how AXVE.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Alba Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Alba Minerals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AXVE.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AXVE.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AXVE.F is good value based on its PE Ratio (3.1x) compared to the Metals and Mining industry average (8.4x).
PE vs Market: AXVE.F is good value based on its PE Ratio (3.1x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AXVE.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXVE.F is good value based on its PB Ratio (0.4x) compared to the US Metals and Mining industry average (1.1x).
How is Alba Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Alba 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.
- Examine whether Alba Minerals is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- 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 Alba Minerals's filings and announcements here.
- Explore growth companies in the Materials industry.
How has Alba Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXVE.F has a high level of non-cash earnings.
Growing Profit Margin: AXVE.F became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AXVE.F has become profitable over the past 5 years, growing earnings by -6.3% per year.
Accelerating Growth: AXVE.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AXVE.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-26.9%).
Return on Equity
High ROE: AXVE.F's Return on Equity (11.9%) is considered low.
How is Alba Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: AXVE.F's short term assets (CA$644.5K) exceed its short term liabilities (CA$63.8K).
Long Term Liabilities: AXVE.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXVE.F is debt free.
Reducing Debt: AXVE.F had no debt 5 years ago.
Inventory Level: AXVE.F has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if AXVE.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: AXVE.F is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: AXVE.F is profitable, therefore cash runway is not a concern.
What is Alba Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXVE.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AXVE.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 AXVE.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXVE.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 AXVE.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Arthur Brown has been Chief Executive Officer and President of Alba Minerals Ltd. since October 5, 2016. Mr. Brown has been Director of Alba Minerals Ltd. since October 5, 2016.
CEO Compensation Analysis
Compensation vs Market: Arthur's total compensation ($USD84.87K) is below average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Arthur's compensation has been consistent with company performance over the past year.
|CEO, President & Director||3.42yrs||CA$120.00k||4.62% CA$22.0k|
|Member of Advisory Board||no data||no data||no data|
|Independent Director||2.25yrs||CA$13.00k||0.68% CA$3.2k|
Experienced Board: AXVE.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.8%.
Alba Minerals Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Alba Minerals Ltd.
- Ticker: AXVE.F
- Exchange: OTCPK
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$674.245k
- Listing Market Cap: CA$476.855k
- Shares outstanding: 67.42m
- Website: https://www.albamineralsltd.com
- Alba Minerals Ltd.
- 555 West Hastings
- Suite 2150
- British Columbia
- V6B 4N6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AA||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|AXVE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
|338||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
Alba Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in North and South America. It explores for lithium, gold, uranium, and vanadium deposits. The company holds interests in the Torado project located in Colorado and Utah; Rainbow Canyon property comprising 417 hectares situated in the Olinghouse mining district, Washoe County, Nevada; and Muddy Mountain property consisting of 450.41 hectares located in the Muddy Mountains of Clark County, Nevada. It also has interests in the QUIRON II property covering an area of 2,421 hectares situated in Pocitos Salar; and the Chascha Norte property covering an area of 2,843 hectares located in Southeastern part of the Salar de Arizaro, Salta Province, Argentina. The company was formerly known as Acrex Ventures Ltd. and changed its name to Alba Minerals Ltd. in July 2014. Alba Minerals Ltd. is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:13|
|End of Day Share Price||2020/03/30 00:00|
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.