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AJN Resources

CNSX:AJN
Snowflake Description

Flawless balance sheet with weak fundamentals.

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

AJN Resources Inc., an exploration and development company, acquires, explores for, and develops mineral properties. The last earnings update was 97 days ago. More info.


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  • AJN Resources has significant price volatility in the past 3 months.
AJN Share Price and Events
7 Day Returns
0%
CNSX:AJN
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
36.4%
CNSX:AJN
22%
CA Metals and Mining
-0.1%
CA Market
AJN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AJN Resources (AJN) 0% 0% 87.5% 36.4% - -
CA Metals and Mining 3.4% 1.6% 9.1% 22% -11.7% 0.3%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • AJN outperformed the Metals and Mining industry which returned 22% over the past year.
  • AJN outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

AJN Value

 Is AJN Resources 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 AJN Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.15.
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 AJN Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AJN Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:AJN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.02
CNSX:AJN Share Price ** CNSX (2019-08-23) in CAD CA$0.15
Canada Metals and Mining Industry PE Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 14.39x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of AJN Resources.

CNSX:AJN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:AJN Share Price ÷ EPS (both in CAD)

= 0.15 ÷ -0.02

-8.41x

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

  • AJN Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • AJN Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does AJN Resources's expected growth come at a high price?
Raw Data
CNSX:AJN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 31 Publicly-Listed Metals and Mining Companies 1.06x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*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 AJN Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AJN Resources's assets?
Raw Data
CNSX:AJN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.03
CNSX:AJN Share Price * CNSX (2019-08-23) in CAD CA$0.15
Canada Metals and Mining Industry PB Ratio Median Figure of 1,098 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:AJN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:AJN Share Price ÷ Book Value per Share (both in CAD)

= 0.15 ÷ 0.03

4.62x

* Primary Listing of AJN Resources.

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

  • AJN Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess AJN Resources'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. AJN Resources 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.

AJN Future Performance

 How is AJN Resources 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 AJN Resources 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
34.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AJN Resources expected to grow at an attractive rate?
  • Unable to compare AJN Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare AJN Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare AJN Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:AJN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.8%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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
CNSX:AJN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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.
CNSX:AJN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 0 0
2019-01-31 0 0
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0
2018-01-31 0 0
2017-07-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if AJN Resources is high growth as no earnings estimate data is available.
  • Unable to determine if AJN Resources 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
CNSX:AJN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from AJN Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:AJN Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.02
2019-01-31 -0.02
2018-10-31 -0.02
2018-07-31 -0.02
2018-04-30 -0.01
2018-01-31 -0.01
2017-07-31 -0.01

*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 AJN Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine AJN Resources'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. AJN Resources'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. AJN Resources's competitive advantages and company strategy can generally be found in its financial reports archived 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 AJN Resources'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
AJN Resources 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.

AJN Past Performance

  How has AJN Resources 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 AJN Resources'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.
  • AJN Resources does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare AJN Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare AJN Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
AJN Resources'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 AJN Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:AJN Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 -0.26 0.24
2019-01-31 -0.26 0.23
2018-10-31 -0.24 0.21
2018-07-31 -0.23 0.21
2018-04-30 -0.08 0.08
2018-01-31 -0.06 0.06
2017-07-31 -0.03 0.03

*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 AJN Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if AJN Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if AJN Resources 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 AJN Resources'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.
AJN Resources 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.

AJN Health

 How is AJN Resources'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 AJN Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AJN Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AJN Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AJN Resources'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.
  • AJN Resources 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 AJN Resources Company Filings, last reported 4 months ago.

CNSX:AJN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 0.50 0.00 0.26
2019-01-31 0.52 0.00 0.30
2018-10-31 0.56 0.00 0.33
2018-07-31 0.58 0.00 0.40
2018-04-30 0.60 0.00 0.44
2018-01-31 0.57 0.00 0.41
2017-07-31 0.25 0.00 0.12
  • AJN Resources has no debt.
  • AJN Resources has not taken on any debt in the past 5 years.
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.

  • AJN Resources has sufficient cash runway for 1.2 years based on current free cash flow.
  • AJN Resources has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 3.9% each year.
X
Financial health checks
We assess AJN Resources'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. AJN Resources has a total score of 6/6, 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.

AJN Dividends

 What is AJN Resources'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 AJN Resources dividends.
If you bought CA$2,000 of AJN Resources shares you are expected to receive CA$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 AJN Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate AJN Resources'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
CNSX:AJN 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
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as AJN Resources has not reported any payouts.
  • Unable to verify if AJN Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of AJN Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as AJN Resources 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 AJN Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 AJN Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AJN Resources 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.

AJN Management

 What is the CEO of AJN Resources'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
Klaus Eckhof
COMPENSATION CA$27,345
AGE 60
TENURE AS CEO 0.3 years
CEO Bio

Mr. Klaus Peter Eckhof, Dip. Geol. TU, AusIMM, has been President and Chief Executive Officer of AJN Resources Inc. since June 2019. Mr. Eckhof has been Chairman of Amani Gold Limited since April 2019 and its Director since January 30, 2019. Mr. Eckhof is Executive Director of Lachlan Star Limited since August 13, 2018. He has been as a Director at AJN Resources Inc. since October 15, 2016. Mr. Eckhof has been Managing Director of Auris AG since August 12, 2015 and has been its Technical Director of Exploration since March 2012. Mr. Eckhof has been Technical Advisor of Acquisitions at Argent Minerals Limited since April 23, 2018. He was an Advisor of Amani Gold Ltd. since December 2018. He served as Director of Strategy and Business Development at Amani Gold Limited since January 1, 2018, served as its Executive Director until March 27, 2018. He served as Non-Executive Director of Amani Gold Limited from August 12, 2014 to January 1, 2018. He served as Managing Director of AVZ Minerals Limited from May 12, 2014 to February 2018. Mr. Eckhof was Executive Chairman of AVZ Minerals Limited since February 13, 2017 until June 26, 2018. He serves as Non-Executive Chairman of Okapi Resources Limited. Mr. Eckhof was an Executive Director of AVZ Minerals Limited since May 12, 2014 until June 26, 2018. He has been Independent Senior Geological Adviser at Monument Mining Limited since November 28, 2016. Mr. Eckhof served as Chief Executive Officer of Moku Goldmines AG since August 9, 2011. Mr. Eckhof served as the Chief Executive Officer and Managing Director of Amani Gold Limited from February 6, 2012 to August 2014. Mr. Eckhof served as the Chief Executive Officer and President of Alphamin Resources Corp. from November 2, 2013 to February 2014. Mr. Eckhof has experience identifying, exploring and developing mineral deposits around the world. Mr. Eckhof worked for Mount Edon Gold Mines Ltd as Business Development Manager before it was acquired by Canadian mining company Teck. He served as Technical Director at Carnavale Resources Limited since January 1, 2008. Mr. Eckhof served as the Chief Executive Officer and President of Panex Resources Inc. (formerly De Beira Goldfields Inc) from June 1, 2008 to October 22, 2012, and later also served as its Chief Executive Officer and President until December 09, 2013. Mr. Eckhof served as the Chief Executive Officer and President at Kilo Goldmines Ltd. from July 2009 to July 7, 2011. He served as President of Moto Goldmines Limited until December 31, 2007. He served as a Technical Consultant at Sabre Resources Ltd. since August 2005. He serves as Non-Executive Chairman of Huntsman Resources Limited. He served as Non-Executive Chairman of Argent Minerals Limited until April 23, 2018. He served as the Chairman of African Metals Corp. from December 2009 to January 14, 2011 and its Chief Executive Officer from October 30, 2007 to December 3, 2009 and President until December 3, 2009. He founded Lafayette Mining Ltd in 1996. In 2003, he founded Moto Goldmines Ltd. He served as the Chief Executive Officer at Moto Goldmines Ltd. from 2003 to December 31, 2007 and served as its Managing Director and President until December 31, 2007. He migrated to Australia in 1988 to work for Mount Edon Gold Mines (Aust) Limited in Australia, Asia and Africa. He served as an Executive Director of Moto Goldmines Ltd. from February 3, 2003 to December 31, 2007. He served as the President and Chief Executive Officer at Aurora Gold Corp. from February 27, 2006 to April 27, 2007. He served as an Executive at Iguana Resources Pty Ltd. There, Mr. Eckhof and his team delineated more than 20 million ounces of gold and delivered a feasibility study within four years from the commencement of exploration. Mr. Eckhof served as the President of Tembo Gold Corp (formerly, Lakota Resources Inc.) from December 9, 2002 to September 30, 2005. He served as the President of Cronus Resources Ltd. (formerly, Sunrise Minerals Inc.), from August 19, 2003 to February 20, 2004. Mr. Eckhof was a Project Geologist and served as Business Development Manager for Mt. Edon Gold Mines Ltd. He managed his own geological consultancy company and has considerable experience in assessing and acquiring mineral prospects around the world from 1994 to 2003. He served as Executive Chairman of Amani Gold Limited (Burey Gold Limited) since August 12, 2014 until July 14, 2017 and served as its Non-Executive Director since February 6, 2012. He served as the Chairman of Ridge Resources Limited since August 2012. He served as the Chairman of Cardinal Resources (Australia) Limited and Cardinal Resources Limited from February 01, 2013 to June 17, 2014. He served as the Chairman of Panex Resources Inc. from May 2006 to December 09, 2013. Mr. Eckhof served as the Non-Executive Chairman of Aspire Mining Limited (formerly, Windy Knob Resources Limited) from April 17, 2008 to September 2009. In 1994, he founded Spinifex Gold Limited and served as its Executive Director. He has been an Independent Director of NSS Resources Inc. since April 02, 2014. He serves as a Director of Corporate & Resource Consultants Pty. Ltd. He has been a Non-Executive Director of Burey Gold Ltd. since July 14, 2017 and served as its Executive Director since February 06, 2012 until July 14, 2017. He has been a Director of Carnaval Resources Ltd. since January 2008. He serves as a Non-Executive Director of Global Doctor Pty Limited. He served as a Non-Executive Director of Carnavale Resources Limited from January 1, 2008 to July 20, 2015. He served as a Non-Executive Director of Explaurum Limited (Erongo Energy Limited) from August 24, 2011 to October 2013. He served as a Director of Gallery Gold Ltd. since January 29, 2004. Mr. Eckhof served as a Director of Condor Gold PLC from March 24, 2006 to May 11, 2011. He served as a Non-Executive Director of Panex Resources Inc. from October 19, 2012 to July 24, 2014. He served as a Director of Layfayette Mining Ltd. He served as a Director of Kilo Goldmines Ltd. from April 2009 to January 3, 2012. He served as a Director at Aspire since April 17, 2008. He served as a Director of Aurora Gold Corp. from July 5, 2005 to April 27, 2007. He served as a Director of African Metals Corp. from November 26, 2003 to January 14, 2011. He served as a Non-Executive Director of Kore Potash Limited (Elemental Minerals Ltd.) from February 24, 2006 to November 22, 2007. Mr. Eckhof served as a Director of Tembo Gold Corp from June 25, 2003 to September 30, 2005, Lalo Venture Inc. from August 2003 to September 2004, Alphamin Resources Corp. from November 2013 to February 2014 and Bayswater Uranium Corp. from January 29, 2004 to February 2005. He served as a Director of Tiger Resources Ltd. from June 1, 2005 to October 10, 2006. He served as a Director of Cronus Resources Ltd. from August 19, 2003 to February 20, 2004. He is a Member of the Australian Institute of Mining and Metallurgy. He is a qualified Geologist. He

CEO Compensation
  • Insufficient data for Klaus to compare compensation growth.
  • Klaus's remuneration is lower than average for companies of similar size in Canada.
Management Team

Klaus Eckhof

TITLE
President
COMPENSATION
CA$27K
AGE
60
TENURE
0.3 yrs

Nigel Ferguson

TITLE
CFO & Director
COMPENSATION
CA$27K
Board of Directors Tenure

Average tenure of the AJN Resources board of directors in years:

2.9
Average Tenure
  • The average tenure for the AJN Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Klaus Eckhof

TITLE
President
COMPENSATION
CA$27K
AGE
60
TENURE
2.9 yrs

Nigel Ferguson

TITLE
CFO & Director
COMPENSATION
CA$27K
TENURE
2.9 yrs

Mark Gasson

TITLE
Director
COMPENSATION
CA$27K
AGE
62
TENURE
2.9 yrs

Sheena Eckhof

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess AJN Resources'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. AJN Resources 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.

AJN News

Simply Wall St News

AJN Company Info

Description

AJN Resources Inc., an exploration and development company, acquires, explores for, and develops mineral properties. It holds an option to acquire a 100% interest in the Salt Wells Lithium Project, which consists of 105 claims covering an area of approximately 850 hectares located in Churchill County, Nevada. The company was incorporated in 2016 and is headquartered in Surrey, Canada.

Details
Name: AJN Resources Inc.
AJN
Exchange: CNSX
Founded: 2016
CA$2,978,700
19,858,000
Website: http://www.ajnresources.com
Address: AJN Resources Inc.
17618-58 Avenue,
Suite 200,
Surrey,
British Columbia, V3S 1L3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX AJN Common Shares Canadian National Stock Exchange CA CAD 12. Jun 2018
DB 5AT Common Shares Deutsche Boerse AG DE EUR 12. Jun 2018
Number of employees
Current staff
Staff numbers
0
AJN Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 01:01
End of day share price update: 2019/08/23 00:00
Last earnings filing: 2019/06/17
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/07/31


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.