Asbestos Corporation Limited manages various mining assets in Canada. The company is involved in the management of various litigation cases relating to asbestos; rental of mining buildings that can be used as warehouses or plants; and sale of land, as well as royalties from the exploitation of a granite quarry, restoration, and revegetation of mining sites. It also provides site preparation work for the installation of energy infrastructure. The company was founded in 1925 and is headquartered in Thetford Mines, Canada. Asbestos Corporation Limited operates as a subsidiary of Mazarin Inc.
Research context
Asbestos Corporation Limited appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Asbestos Corporation Limited is currently in a long term downtrend where the price is trading 2.9% below its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.6.
Asbestos Corporation Limited's total revenue rose by 25.5% to $409K since the same quarter in the previous year.
Its net income has increased by 16.7% to $105K since the same quarter in the previous year.
Finally, its free cash flow grew by 62.2% to $-326K since the same quarter in the previous year.
Based on the above factors, Asbestos Corporation Limited gets an overall score of 4/5.