SECTOR: MINING; RENEWABLES
ACTIVE ENERGY GROUP (LON:AEG) SECTOR – RENEWABLE ENERGY RATING – CORP* MARKET CAP – £39.2m CURRENT PRICE – 3.9p# ANALYST – MIKE JEREMY
|
|
Year-end Dec |
2016 |
2017 |
|
|
|
Revenue (US$m) (excludes discontinued operations) |
- |
- |
No forecasts provided |
||
EBITDA (adj) (US$m) |
(0.52) |
0.58 |
||||
Rptd. Net Loss (US$m) |
(2.49) |
(15.22) |
||||
EPS (US$c) |
(0.38) |
(1.78) |
||||
DPS ($c) |
- |
- |
||||
Net Cash/(Debt) (US$m) |
(5.52) |
(13.08) |
||||
P/E (x) |
- |
- |
||||
Dividend yield (%) |
- |
- |
||||
EV/EBITDA (x) |
- |
106 |
||||
|
SOURCE: Northland Capital Partners Limited estimates. #Priced at prior trading day close. *Northland Capital Partners Limited Acts as Nomad to Active Energy Group and therefore this information should be viewed as a Marketing Communication. |
FY17 results: US$5.3m operating loss, chairman to assume CEO role. |
NORTHLAND VIEW |
During 2017 AEG restructured its operations to focus primarily on CoalSwitch™ and other related activities - PeatSwitch™ and sourcing of timber feedstock in Newfoundland and Alberta. Its focus is now on developing these opportunities in Canada and Europe. |
COMPANY DESCRIPTION Active Energy Group (AEG) is an international, vertically-integrated forestry management and renewable resource energy provider. The group combines management of forestry resources with the commercial development of a proprietary solution (CoalSwitch™) to the integration of wood-based (biomass) fuel into existing coal-fired thermal power plants. |
Connemara Mining COMPANY (LON:CON) SECTOR – MINING RATING – CORP* MARKET CAP – £3.1m CURRENT PRICE – 2.8p# ANALYST – DR RYAN D. LONG
|
|
Year-end Dec |
2015A |
2016A |
|
|
|
Revenue (€m) |
- |
- |
No forecasts provided |
||
EBITDA (€m) |
0.2 |
0.2 |
||||
Adj. pre-tax Profit (€m) |
0.2 |
0.2 |
||||
Adj. EPS (c) |
0.36 |
0.29 |
||||
DPS (c) |
- |
- |
||||
Net Cash/(Debt) (€m) |
(0.3) |
(0.3) |
||||
P/E (x) |
- |
- |
||||
Dividend yield (%) |
- |
- |
||||
EV/EBITDA (x) |
- |
- |
||||
|
SOURCE: Northland Capital Partners Limited estimates. #Priced at prior trading day close. *Northland Capital Partners Limited acts as Nomad and Broker to Connemara Mining and therefore this information should be viewed as a Marketing Communication. |
From yesterday: Update on drilling at the Stonepark Zn-Pb-Ag Project |
NORTHLAND VIEW |
This high-grade intercept verifies one of the high-grade zones within the Stonepark Resource and also demonstrated that the deposit is open to the east, the direction in which the Glencore’s Pallas Green deposit is located. |
COMPANY DESCRIPTION An Irish focused exploration company with interests in gold and zinc-lead projects. |