OTCPK:AXVE.F

Stock Analysis Report

Executive Summary

Alba Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in North and South America.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

AXVE.F

0.4%

US Metals and Mining

5.3%

US Market


1 Year Return

n/a

AXVE.F

-27.9%

US Metals and Mining

-10.7%

US Market

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.


Shareholder returns

AXVE.FIndustryMarket
7 Day0%0.4%5.3%
30 Day-27.6%-17.2%-13.6%
90 Dayn/a-31.3%-19.8%
1 Yearn/a-25.8%-27.9%-8.9%-10.7%
3 Year-92.6%-92.6%-23.6%-28.0%15.5%8.0%
5 Year-64.2%-64.2%-2.6%-10.6%35.2%20.4%

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

Valuation

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

3.12x

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).


Next Steps

Future Growth

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

9.7%

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.


Next Steps

  • 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.

Past Performance

How has Alba Minerals performed over the past 5 years?

-6.3%

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.


Next Steps

Financial Health

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.


Balance Sheet

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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average board tenure


CEO

Arthur Brown

3.42s

Tenure

CA$120,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Arthur Brown
CEO, President & Director3.42yrsCA$120.00k4.62% CA$22.0k
Sandy MacDougall
Chairman3.42yrsCA$120.00k3.37% CA$16.1k
C. Barrie
Member of Advisory Boardno datano datano data
Peter Born
Director2yrsCA$24.50kno data
Carlos Arias Eguiguren
Independent Director2.25yrsCA$13.00k0.68% CA$3.2k

2.8yrs

Average Tenure

Experienced Board: AXVE.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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 28.8%.


Top Shareholders

Company Information

Alba Minerals Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alba Minerals Ltd.
  • Ticker: AXVE.F
  • Exchange: OTCPK
  • Founded:
  • 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

Location

  • Alba Minerals Ltd.
  • 555 West Hastings
  • Suite 2150
  • Vancouver
  • British Columbia
  • V6B 4N6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AACNSX (Canadian National Stock Exchange)YesCommon SharesCACADSep 1988
AXVE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988
338DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 03:13
End of Day Share Price2020/03/30 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.