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Azimut Exploration

OTCPK:AZMT.F
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AZMT.F
OTCPK
CA$18M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The last earnings update was 30 days ago. More info.


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  • Azimut Exploration has significant price volatility in the past 3 months.
AZMT.F Share Price and Events
7 Day Returns
7.5%
OTCPK:AZMT.F
-2.5%
US Metals and Mining
-1.4%
US Market
1 Year Returns
-5.8%
OTCPK:AZMT.F
-29.3%
US Metals and Mining
1.6%
US Market
AZMT.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Azimut Exploration (AZMT.F) 7.5% -27.3% 35.1% -5.8% 11% -2.1%
US Metals and Mining -2.5% -9.9% -15.3% -29.3% 5.6% -19.4%
US Market -1.4% -3.9% 0.2% 1.6% 33.2% 38.2%
1 Year Return vs Industry and Market
  • AZMT.F outperformed the Metals and Mining industry which returned -29.3% over the past year.
  • AZMT.F underperformed the Market in United States of America which returned 1.6% over the past year.
Price Volatility
AZMT.F
Industry
5yr Volatility vs Market

Value

 Is Azimut Exploration undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Azimut Exploration. This is due to cash flow or dividend data being unavailable. The share price is $0.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Azimut Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Azimut Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:AZMT.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in CAD CA$-0.01
TSXV:AZM Share Price ** TSXV (2019-05-21) in CAD CA$0.34
United States of America Metals and Mining Industry PE Ratio Median Figure of 46 Publicly-Listed Metals and Mining Companies 9.23x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Azimut Exploration.

OTCPK:AZMT.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:AZM Share Price ÷ EPS (both in CAD)

= 0.34 ÷ -0.01

-56.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Azimut Exploration is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Azimut Exploration is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Azimut Exploration's expected growth come at a high price?
Raw Data
OTCPK:AZMT.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -56.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 25 Publicly-Listed Metals and Mining Companies 0.53x
United States of America Market PEG Ratio Median Figure of 2,121 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Azimut Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Azimut Exploration's assets?
Raw Data
OTCPK:AZMT.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in CAD CA$0.13
TSXV:AZM Share Price * TSXV (2019-05-21) in CAD CA$0.34
United States of America Metals and Mining Industry PB Ratio Median Figure of 104 Publicly-Listed Metals and Mining Companies 1.38x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:AZMT.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:AZM Share Price ÷ Book Value per Share (both in CAD)

= 0.34 ÷ 0.13

2.65x

* Primary Listing of Azimut Exploration.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Azimut Exploration is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Azimut Exploration's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Azimut Exploration has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Azimut Exploration expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Azimut Exploration 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Azimut Exploration expected to grow at an attractive rate?
  • Unable to compare Azimut Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Azimut Exploration's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Azimut Exploration's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:AZMT.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:AZMT.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:AZMT.F Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:AZMT.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-02-28 0 0 0
2018-11-30 0 0 0
2018-08-31 0 0 0
2018-05-31 0 0 -2
2018-02-28 0 0 -2
2017-11-30 0 0 -2
2017-08-31 0 0 -2
2017-05-31 0 0 -1
2017-02-28 0 0 -1
2016-11-30 0 0 -1
2016-08-31 0 0 0
2016-05-31 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Azimut Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Azimut Exploration is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:AZMT.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Azimut Exploration Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AZMT.F Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:AZMT.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-02-28 -0.01
2018-11-30 0.00
2018-08-31 0.00
2018-05-31 -0.03
2018-02-28 -0.03
2017-11-30 -0.04
2017-08-31 -0.04
2017-05-31 -0.01
2017-02-28 -0.01
2016-11-30 -0.01
2016-08-31 -0.01
2016-05-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Azimut Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Azimut Exploration's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Azimut Exploration's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. 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 Azimut Exploration's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Azimut Exploration's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Azimut Exploration has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Azimut Exploration performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Azimut Exploration's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Azimut Exploration does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Azimut Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Azimut Exploration's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Azimut Exploration's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Azimut Exploration Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AZMT.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 0.16 -0.30 0.79
2018-11-30 0.16 -0.18 0.73
2018-08-31 0.17 -0.02 0.70
2018-05-31 0.15 -1.63 0.73
2018-02-28 0.15 -1.52 0.46
2017-11-30 0.14 -1.62 0.43
2017-08-31 0.14 -1.96 0.77
2017-05-31 0.12 -0.66 0.77
2017-02-28 0.07 -0.52 0.83
2016-11-30 0.06 -0.51 0.88
2016-08-31 0.01 -0.30 0.60
2016-05-31 -2.47 0.56
2016-02-29 -3.29 0.68
2015-11-30 -3.36 0.68
2015-08-31 -3.35 0.63
2015-05-31 -3.08 0.65
2015-02-28 -2.45 0.46
2014-11-30 -2.39 0.42
2014-08-31 -2.44 0.44
2014-05-31 -1.50 0.58
2014-02-28 -1.92 0.65
2013-11-30 -3.01 0.70
2013-08-31 -3.00 0.73
2013-05-31 -2.19 0.60
2013-02-28 -2.24 0.81
2012-11-30 -1.23 0.85
2012-08-31 -1.31 0.88
2012-05-31 -0.96 0.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Azimut Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Azimut Exploration has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Azimut Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Azimut Exploration's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Azimut Exploration has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Azimut Exploration's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Azimut Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Azimut Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Azimut Exploration's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Azimut Exploration's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Azimut Exploration has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Azimut Exploration Company Filings, last reported 2 months ago.

OTCPK:AZMT.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 6.79 0.00 2.17
2018-11-30 5.80 0.00 0.82
2018-08-31 5.86 0.00 2.49
2018-05-31 5.83 0.00 2.17
2018-02-28 5.76 0.00 3.67
2017-11-30 4.74 0.00 2.00
2017-08-31 4.64 0.00 4.14
2017-05-31 6.22 0.00 2.07
2017-02-28 6.24 0.00 2.52
2016-11-30 6.32 0.00 2.86
2016-08-31 6.28 0.00 3.80
2016-05-31 4.24 0.00 1.07
2016-02-29 4.13 0.00 1.00
2015-11-30 4.19 0.00 1.16
2015-08-31 4.23 0.00 1.24
2015-05-31 6.68 0.00 1.44
2015-02-28 7.29 0.00 1.41
2014-11-30 7.44 0.00 1.66
2014-08-31 7.48 0.00 1.86
2014-05-31 9.36 0.00 1.99
2014-02-28 9.45 0.00 2.02
2013-11-30 9.52 0.00 1.93
2013-08-31 9.60 0.10 2.22
2013-05-31 10.76 0.09 1.79
2013-02-28 11.26 0.09 1.40
2012-11-30 12.38 0.08 1.74
2012-08-31 12.47 0.18 1.40
2012-05-31 12.87 0.17 2.06
  • Azimut Exploration has no debt.
  • Azimut Exploration had no debt 5 years ago.
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.

  • Azimut Exploration has less than a year of cash runway based on current free cash flow.
  • Azimut Exploration has less than a year of cash runway if free cash flow continues to grow at historical rates of 56.3% each year.
X
Financial health checks
We assess Azimut Exploration's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Azimut Exploration has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Azimut Exploration's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Azimut Exploration dividends.
If you bought $2,000 of Azimut Exploration shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Azimut Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Azimut Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:AZMT.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2007 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:AZMT.F Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Azimut Exploration has not reported any payouts.
  • Unable to verify if Azimut Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Azimut Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Azimut Exploration has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Azimut Exploration's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Azimut Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Azimut Exploration has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Azimut Exploration's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jean-Marc Lulin
COMPENSATION CA$251,628
TENURE AS CEO 15.9 years
CEO Bio

Dr. Jean-Marc Lulin, Ph.D., P.Geo. has been the Chief Executive Officer and President of Azimut Exploration Inc. since June 5, 2003. Dr. Lulin developed and implemented a mineral potential targeting methodology that Azimut has successfully implemented throughout Quebec. He is a senior mining executive with more than 30 years of experience in North America, Africa and Europe. His expertise is well recognized in the field of project generation and mineral potential evaluation. He served as the President and Chief Operating Officer of Channel Resources Ltd. from 1996 to 2001 and also served as its Vice President for West Africa from 1995 to 1996. He has experience in Canadian mining industry and served as Chief Geologist from 1992 to 1995 at SOQUEM. He served as an Geologist at BRGM from 1981 to 1984. He served as the Chief Geologist of Vior-Mazarin Group from 1986 to 1992. He was a Consultant for The World Bank. He was the Co-Founder of the Burkinabe Mining Association and President of the Technical Commission of the World Bank-MIGA 6th African Mining Symposium. Dr. Lulin was involved in the discoveries of several important deposits, notably the Bombore, Bouroum and Goulagou gold deposits in Burkina Faso with Channel Resources. Dr. Lulin was instrumental in strengthening the initial wave of exploration in Burkina Faso since 1990. He served as the President for Quebec’s Mineral Exploration Association (AEMQ) from 2011 to 2012. He has been a Director of Channel Resources Ltd. since August 1996 and Executive Director of Azimut Exploration Inc. since June 5, 2003. He served as a Non-Executive Director of West African Resources, Ltd. since January 28, 2014 until August 31, 2015. Dr. Lulin was Associate Professor at the Université du Québec à Montréal from 1992 to 1995. Dr. Lulin holds a Doctorate in Economic Geology from Université d’Orléans in 1984, a Diploma of Advanced Studies in Mineral and Energy Resources in 1981 and a Master’s degree in Applied Geology in 1980 and studied Minerals Exploration from Université Pierre et Marie Curie, Paris VI. He holds a License in Earth Sciences in 1979 from the Université de Paris VI, France.

CEO Compensation
  • Jean-Marc's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jean-Marc's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Azimut Exploration management team in years:

13.1
Average Tenure
  • The average tenure for the Azimut Exploration management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jean-Marc Lulin

TITLE
President
COMPENSATION
CA$252K
TENURE
15.9 yrs

Moniroth Lim

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$140K
TENURE
13.1 yrs

Pothier Valiquette

TITLE
Legal Counsel

Martin Tuchscherer

TITLE
Chief Geologist Exploration
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Azimut Exploration board of directors in years:

11.2
Average Tenure
69.5
Average Age
  • The average tenure for the Azimut Exploration board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jean-Marc Lulin

TITLE
President
COMPENSATION
CA$252K
TENURE
15.9 yrs

JC Potvin

TITLE
Director
COMPENSATION
CA$28K
AGE
65
TENURE
15.9 yrs

Louis Salley

TITLE
Director
COMPENSATION
CA$25K
AGE
80
TENURE
15.3 yrs

Jacques Simoneau

TITLE
Director
COMPENSATION
CA$25K
AGE
60
TENURE
7 yrs

Angelina Mehta

TITLE
Director
COMPENSATION
CA$24K
TENURE
1.3 yrs

Michel Brunet

TITLE
Director
COMPENSATION
CA$28K
AGE
74
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Azimut Exploration's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Azimut Exploration has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for copper, gold, zinc, silver, cobalt, tungsten, rare earth elements, uranium, chromium, nickel, and platinum group elements, as well as base metals. The company holds interests in the Kaanaayaa Property comprises 390 claims covering 200.5 square kilometers located in the James Bay region of Quebec. As of December 21, 2018, it holds interests in 29 exploration properties comprising 7,414 claims located in the Nunavik, Ungava Bay, and James Bay regions, Canada. The company has strategic alliance with Société Québécoise d'Exploration Minière to identify, acquire, and explore prospective gold targets; and SOQUEM Inc. Azimut Exploration Inc. is headquartered in Longueuil, Canada.

Details
Name: Azimut Exploration Inc.
AZMT.F
Exchange: OTCPK
Founded:
CA$13,469,463
53,300,649
Website: http://www.azimut-exploration.com
Address: Azimut Exploration Inc.
110, De la Barre Street,
Suite 224,
Longueuil,
Quebec, J4K 1A3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AZM Common Shares TSX Venture Exchange CA CAD 25. Jan 1990
OTCPK AZMT.F Common Shares Pink Sheets LLC US USD 25. Jan 1990
DB UL9 Common Shares Deutsche Boerse AG DE EUR 25. Jan 1990
Number of employees
Current staff
Staff numbers
0
Azimut Exploration employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 00:28
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2017/12/20
Last earnings filing: 2019/04/26
Last earnings reported: 2019/02/28
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.