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

COMMON STOCK | Other Industrial Metals & Mining | TSX

Last Closing Price

CAD 0.20

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

0.11M

Average Target Price

CAD 0.50 (+150.00%)
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: 2021-01-24 )

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

CAD13.87B 22.95 8.73
TECK-A:CA Teck Resources Limited

N/A

CAD13.87B 26.68 8.73
IVN:CA Ivanhoe Mines Ltd

N/A

CAD8.17B 46.26 185.71
LAC:CA Lithium Americas Corp

N/A

CAD3.01B 22.34 29.30
CIA:CA Champion Iron Limited

N/A

CAD2.57B 10.89 5.41
ORL:CA Orocobre Limited

N/A

CAD1.98B 37.83 13.71
NEXA:CA Nexa Resources S.A

N/A

CAD1.49B 27.88 9.34
SOLG:CA SolGold Plc

N/A

CAD1.17B N/A N/A
LGO:CA Largo Resources Ltd

N/A

CAD1.06B 5.15 55.74
SKE:CA Skeena Resources Limited

N/A

CAD0.74B 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 17.65% 78% C+ 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.65% 78% C+ 91% A-
Trailing 12 Months  
Capital Gain -34.43% 6% F 7% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -34.43% 6% F 7% F
Trailing 5 Years  
Capital Gain 60.00% 38% F 69% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 60.00% 38% F 63% D
Average Annual (5 Year Horizon)  
Capital Gain 45.04% 82% B- 96% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 45.04% 82% B- 96% A
Risk Return Profile  
Volatility (Standard Deviation) 201.09% 6% F 2% F
Risk Adjusted Return 22.40% 66% D 46% F
Market Capitalization 0.02B 7% F 13% 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 73% C 82% B-
Price/Book Ratio 3.32 42% F 27% F
Price / Cash Flow Ratio 2.46 26% F 71% C-
EV/EBITDA 4.47 83% B 87% B+
Management Effectiveness  
Return on Equity -44.08% 21% F 15% F
Return on Invested Capital -7.88% 46% F 21% F
Return on Assets -0.29% 76% C 39% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.21 76% C 72% C-
Short Percent N/A N/A N/A N/A N/A
Beta 2.44 14% F 8% 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:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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