One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Anfield Energy Inc.
AEC · NCM · Energy · Uranium
Current price
$3.04
52-week range
$2.70 - $10.24
Market cap
$60.55M
Balance sheet
Distressed
-9.65x Concerning
Net debt $8.83M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
Anfield Energy Inc.
Anfield Energy Inc. looks for and develops valuable minerals like vanadium and uranium in the United States. The money they make primarily comes from selling these mined resources, which is important because it's how they fund their operations and potentially grow the company.
How the company got here
Anfield Energy Inc. was founded in 1989 and was formerly known as Anfield Resources Inc. [1, 2]. The company's history is rooted in the exploration and development of mineral properties, with a strategic shift towards uranium and vanadium in recent years. A key turning point was the acquisition and development of the Shootaring Canyon Mill, one of the few licensed and permitted uranium mills in the United States, which serves as the central hub for its operations [4, 9]. The company has been working to advance its projects, including the Velvet-Wood mine and the Slick Rock and West Slope projects, with a focus on bringing them into production [6, 7, 11].
What it actually does
Anfield Energy is in the business of mining and processing uranium and vanadium. These are metals with significant industrial applications. Uranium is primarily used as fuel in nuclear power plants to generate electricity [11]. Vanadium is a metal used to strengthen steel and in other industrial applications, such as in batteries [3, 6]. Anfield's business model involves extracting these minerals from various mine sites and then processing them at its central mill facility.
Uranium and Vanadium Projects
Anfield Energy's operations are centered around its mineral properties in the United States, specifically in the Uravan Mineral Belt across Colorado and Utah [4]. The company explores for and develops deposits of uranium and vanadium. Its key projects include the Velvet-Wood project in Utah, the Slick Rock project in Colorado, and the West Slope project, which comprises nine Department of Energy leases and adjacent claims in Colorado [6, 8, 10]. These projects are designed to supply ore to the Shootaring Canyon Mill.
Shootaring Canyon Mill
The Shootaring Canyon Mill is Anfield Energy's central processing facility, located in Utah [4, 9]. It is one of only three licensed, permitted, and constructed conventional uranium mills in the United States [5, 9]. This mill is crucial to the company's "hub-and-spoke" strategy, as it is designed to process the uranium and vanadium ore extracted from the various satellite mining projects [5, 7]. The mill is undergoing refurbishment to bring it back to full operational status.
What management is betting on now
Anfield Energy's management is focused on advancing its "hub-and-spoke" production strategy, aiming to become a significant U.S.-based producer of uranium and vanadium [11, 12]. A key part of this strategy is the reactivation and refurbishment of the Shootaring Canyon Mill, with production targeted for 2027 [7, 11]. Management is also focused on bringing its various mining projects, such as Velvet-Wood and Slick Rock, into production to feed the mill [6, 11]. The company believes that by consolidating these assets and operations, it can capitalize on the growing demand for uranium, particularly in the U.S. nuclear fuel market, and address the current supply-demand imbalance [11, 13, 14]. They are also working to improve the project's economics, as shown in their updated Preliminary Economic Assessment (PEA), which projects significant value and a rapid payback period [3, 6].
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $3.04
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $8.8M. Interest coverage -9.7x.
Net debt
$8.83M
Interest coverage
-9.65x
Anfield Energy Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
AEC
BASELINE
Anfield Energy Inc.
Total debt $10.12M Interest coverage -9.65x This is the baseline the peer rows are being compared against.
Total debt $0.00 Interest coverage -68.60x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -18.14x Neither company has much profit cushion over interest right now.
Total debt $1.16M Interest coverage -4.60x Neither company has much profit cushion over interest right now.
What you should know
The case for and against AEC
0 Rewards
1 Risk
Rewards
Risks
-
Return on equity was -56.6% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-5.40x
P/B
1.58x
P/S
81.30x
EV/EBITDA
-3.00x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
75.5%
Operating margin
-984.0%
Net margin
0.0%
ROE
-56.6%
ROA
-17.5%
Health
Liquidity and balance-sheet strength
Debt / equity
0.29x
Current ratio
0.93x
Quick ratio
0.53x
Total debt
$10.12M
Total cash
$1.30M
Growth
How the business has been compounding
Revenue TTM
$533.00K
Revenue 5Y CAGR
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EPS TTM
-1.24
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-10.28M
Free CF TTM
$-11.12M
FCF margin
-2,086.1%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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