| Address:
|
9790 GATEWAY DRIVE, SUITE 200
|
| City: |
RENO |
|
State: |
NV |
|
Zip Code: |
89521 |
| Telephone: |
775-358-4455 |
|
Description of Business
|
Primary SIC Code:
1040 |
| (As filed with the SEC)
|
|
|
Allied Nevada Gold Corp. is a mining and exploration company which produces gold
as a primary product and silver as a by-product. Allied Nevada currently
operates its wholly-owned Hycroft Mine, located west of Winnemucca, Nevada. The
Hycroft mine hosts a current Proven and Probable mineral reserve of 2.6 million
ounces of gold and 49.3 million ounces of silver. The property resides on an
aggregate land position of approximately 96 square miles. The mine reopened in
2007, and in 2010, the Company began an accelerated mining plan for its oxide
heap leach operation involving the purchase of a larger capacity mining fleet,
essentially tripling the 2009 mining rate over a three-year period. The
expansion is in progress and will increase expected annual production from
130,000 ounces of gold in 2011 to over 260,000 ounces of gold in 2012. With the
accelerated mining rate taken into account, the reserve is sufficient to support
a 6 year mine life. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.28 | NA | 127.89 | | 06/2011 | 0.14 | NA | 252.64 | | 03/2011 | 0.36 | NA | 98.56 | | 12/2010 | 0.41 | NA | 64.27 | | 09/2010 | 0.61 | NA | 43.44 | | 06/2010 | 0.69 | NA | 28.52 | | 03/2010 | 0.31 | NA | 53.45 | | 12/2009 | 0.13 | NA | 116.00 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.06 | Total Liab/Total Assets | 0.08 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.08 | | Net Inc/Inv Cap | 0.06 | Total Liab/Comm Equity | 0.08 | | Pretax Inc/Net Sales | 0.21 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.26 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | 0.19 | LTD/Equity | 0.02 | | SG&A/NetSales | 0.15 | Total Debt/Equity | 0.03 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 29.10 | Quick Ratio | 19.63 | | Inventory Turnover | 7.72 | Current Ratio | 20.12 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.01 | | Net Sales/Work Cap | 0.34 | Inv/Curr Assets | 0.02 | | Net Sales/PP&E | 1.07 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
49.64
|
33.58
|
31.93
|
31.49
|
|
Cost of Goods Sold
|
19.31
|
13.93
|
14.70
|
17.66
|
|
Selling & Admin Exps
|
4.52
|
5.47
|
8.70
|
5.81
|
|
Operating Income
|
19.61
|
5.18
|
0.36
|
2.30
|
|
Interest Exp
|
0.07
|
0.15
|
0.16
|
-0.28
|
|
Pretax Income
|
20.79
|
5.15
|
0.26
|
2.66
|
|
Other Income
|
1.25
|
0.12
|
0.06
|
0.08
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
14.67
|
3.64
|
0.18
|
6.63
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
297.72
|
305.26
|
321.08
|
337.83
|
|
Receivables - Total
|
3.79
|
4.48
|
4.65
|
4.66
|
|
Inventories - Total
|
16.53
|
13.63
|
10.82
|
9.98
|
|
Total Current Assets
|
392.24
|
393.30
|
399.31
|
409.22
|
|
Net Property, Plant & Equipment
|
145.57
|
126.55
|
141.60
|
122.77
|
|
Total Assets
|
621.59
|
592.68
|
582.38
|
567.35
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
28.05
|
20.18
|
15.13
|
16.66
|
|
Debt in Current Liabilities
|
6.48
|
5.74
|
5.34
|
3.22
|
|
Total Current Liabilities
|
39.77
|
28.29
|
22.65
|
20.34
|
|
Long-Term Debt
|
20.10
|
18.67
|
19.33
|
11.10
|
|
Total Liabilities
|
76.25
|
63.24
|
58.02
|
44.60
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.09
|
0.09
|
0.09
|
0.09
|
|
Retained Earnings
|
-42.20
|
-56.87
|
-60.51
|
-60.69
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
545.33
|
529.44
|
524.36
|
522.75
|
|
Total Liabilities and Stockholders' Equity
|
621.59
|
592.68
|
582.38
|
567.35
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
15.45
|
4.08
|
0.45
|
0.39
|
|
Net Cash Provided by Investing Activities
|
-21.75
|
-18.44
|
-16.56
|
-9.81
|
|
Net Cash Provided by Financing Activities
|
-1.24
|
-1.46
|
-0.64
|
-0.53
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 0.55 | -2.46 | -- | | 12/2007 | 0.00 | -11.26 | -0.42 | | 12/2008 | 0.00 | -79.64 | -1.49 | | 12/2009 | 43.20 | 8.45 | 0.13 | | 12/2010 | 130.93 | 34.13 | 0.41 | | Growth Rates | 292.44 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 175 | 64,286 | 71.97 |
|
Report Date :
2/6/2012
 Copyright
2012, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|