Almaden Minerals Ltd. :AAU-US: Earnings Analysis: Q3, 2016 By the Numbers : December 1, 2016

Almaden Minerals Ltd. reports financial results for the quarter ended September 30, 2016.

Analysis

  • Summary numbers: Revenues of USD 0 million, Net Earnings of USD -0.70 million.
  • The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.
  • AAU-US‘s earnings and EBITDA are both negative which suggest that P/E or Price/EBITDA are not meaningful to make this analysis between operating advantage (ROE) and growth expectations (as suggested by P/E or P/EBITDA).
  • Cash and Cash equivalents were up this period to 9.54 million compared to 3.42 million in the same period last year.
  • We consider the company to have a Quick & Able profile as it currently does not have any debt. In comparison, the median level of debt as percent of enterprise value for its peer group is currently 24.39%.
  • Of the 7 chosen peers for the company, only 6 of the stocks have an outstanding debt balance. Companies with no debt include SA-US.
  • Net income of -0.70 million this period compared to a net income of -1.31 million last period. This is a growth of 46.37% over the previous period. In comparison, the peer group grew at 32.80%

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Earnings Growth YOY %
Cash & ST Investments %

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Company Profile

Almaden Minerals Ltd. is an exploration company engages in the acquisition, exploration and development of mineral properties. It has property interests in Canada, U.S. and Mexico. The company’s history dates back to 1986 when its predecessor company Almaden Resources Corp. was founded by James Duane Poliquin. Almaden Minerals was founded on December 31, 2001 and is headquartered in Vancouver, Canada.

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