ASND:CA:TSX-Ascendant Resources Inc (CAD)

COMMON STOCK | Other Industrial Metals & Mining | TSX

Last Closing Price

CAD 0.09

Change

0.00 (0.00)%

Market Cap

CAD 7.43M

Volume

5.00K

Average Target Price

CAD 0.45 (+400.00%)
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Ascendant Resources Inc. explores for and develops mineral properties. The company explores for zinc, copper, lead, tin, silver, and gold. Its principal property is the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Ascendant Resources Inc. in December 2016. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. Address: 110 Yonge Street, Toronto, ON, Canada, M5K 1T4

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-26 )

Largest Industry Peers for Other Industrial Metals & Mining

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
TECK-B:CA Teck Resources Limited

N/A

CAD10.00B 22.95 8.73
TECK-A:CA Teck Resources Limited

N/A

CAD9.71B 26.68 8.73
IVN:CA Ivanhoe Mines Ltd

N/A

CAD5.83B 46.26 185.71
CIA:CA Champion Iron Limited

N/A

CAD1.23B 11.35 5.03
LAC:CA Lithium Americas Corp

N/A

CAD1.03B 14.46 20.46
NEXA:CA Nexa Resources S.A

N/A

CAD1.01B 27.88 9.34
SOLG:CA SolGold plc

N/A

CAD0.92B N/A N/A
ORL:CA Orocobre Limited

N/A

CAD0.77B 37.83 13.71
WM:CA Wallbridge Mining Company Limi..

N/A

CAD0.76B N/A N/A
NDM:CA Northern Dynasty Minerals Ltd

N/A

CAD0.67B N/A N/A

ETFs Containing ASND:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Other Industrial Metals & Mining)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -71.43% 3% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -71.43% 3% F 3% F
Trailing 12 Months  
Capital Gain -74.29% 3% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -74.29% 3% F 3% F
Trailing 5 Years  
Capital Gain -40.00% 22% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -40.00% 21% F 20% F
Average Annual (5 Year Horizon)  
Capital Gain 101.70% N/A N/A 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 101.70% N/A N/A 98% A+
Risk Return Profile  
Volatility (Standard Deviation) 275.86% N/A N/A 1% F
Risk Adjusted Return 36.87% N/A N/A 58% F
Market Capitalization 7.43M 4% F 7% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Other Industrial Metals & Mining)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.00 72% C- 80% B-
Price/Book Ratio 1.09 67% D+ 58% F
Price / Cash Flow Ratio 0.96 30% F 76% C
EV/EBITDA 1.68 93% A 94% A
Management Effectiveness  
Return on Equity -51.05% 19% F 14% F
Return on Invested Capital -7.88% 43% F 20% F
Return on Assets -1.49% 63% D 33% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.27 81% B- 71% C-
Short Percent N/A N/A N/A N/A N/A
Beta 2.62 14% F 6% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector