Introducing Anaconda Mining (TSE:ANX), The Stock That Zoomed 191% In The Last Year
It might be of some concern to shareholders to see the Anaconda Mining Inc. (TSE:ANX) share price down 15% in the last month. But that doesn't detract from the splendid returns of the last year. Like an eagle, the share price soared 191% in that time. So some might not be surprised to see the price retrace some. The real question is whether the business is trending in the right direction.
View our latest analysis for Anaconda Mining
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
Anaconda Mining boasted truly magnificent EPS growth in the last year. This remarkable growth rate may not be sustainable, but it is still impressive. So we'd expect to see the share price higher. To us, inflection points like this are the best time to take a close look at a stock.
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
We know that Anaconda Mining has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts.
A Different Perspective
We're pleased to report that Anaconda Mining shareholders have received a total shareholder return of 191% over one year. That's better than the annualised return of 23% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand Anaconda Mining better, we need to consider many other factors. Case in point: We've spotted 4 warning signs for Anaconda Mining you should be aware of, and 1 of them shouldn't be ignored.
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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