ANX : Anaconda Mining Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Anaconda Mining Inc trades with the ticker ANX on the TSX and is in the Metals & Mining industry.

Overview
Signal Gold Inc. operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 6 mining leases and 7 mineral licenses with a total of 5,552 hectares located in the Baie Verte Mining District, Newfoundland; and the Goldboro Gold project comprising 37 contiguous claims covering an area of 592 hectares situated to the northeast of Halifax, Nova Scotia. The company also holds a 100% interest in the Tilt Cove property that covers an area of approximately 11,000 hectares located within the Baie Verte Mining District. The company was formerly known as Anaconda Mining Inc. and changed its name to Signal Gold Inc. in May 2022. Signal Gold Inc. was incorporated in 1994 is headquartered in Toronto, Canada.
 

Looking to invest in Anaconda Mining Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ANX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $92.369MM

PE Ratio:

Price: 62.8 (Updated: 3/12/2024 0:47:16)



Anaconda Mining Inc (ANX) vs Competitors in Metals & Mining

Lets see how ANX.TO stacks up against others in the Metals & Mining asset management industry. We have identified its main peers as:

Anglo Pacific Group plc, Gran Colombia Gold Corp

.

Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Anaconda Mining Inc (ANX) $92.369 N/A 14.796 0.0%
Anglo Pacific Group plc (APY) $588.979 2.706 3.326 4.9%
Gran Colombia Gold Corp (GCM) $303.651 6.347 2.192 3.8%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Metals & Mining

  • Anaconda Mining Inc (ANX) vs Anglo Pacific Group plc (APY)
    • APY has higher EPS (0.85 vs -0.041). APY has higher dividend yield (4.9% vs 0.0%). ANX has a P/E under 0, indicating APY (P/E 2.706) is in a better position.
  • Anaconda Mining Inc (ANX) vs Gran Colombia Gold Corp (GCM)
    • GCM has higher EPS (0.49 vs -0.041). GCM has higher dividend yield (3.8% vs 0.0%). ANX has a P/E under 0, indicating GCM (P/E 6.347) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy ANX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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