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ANVIL MINING LIMITED (AVM)

ANVIL MINING LIMITED (AVM)

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General Information
Company Name: Anvil Mining Limited
Stock Code: AVM
Website: www.anvilmining.com
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 1,128
Equiv. Shares (M): 158

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 7.140 $ 7.140 $ 7.140 $ 7.140 $ 7.150 5,069 $ -0.010  -0.140 %

Company Overview

Business Description:
Anvil Mining Limited (AVM) is a copper producer focusing on exploration, development, operation and acquisition of mining projects in the Democratic Republic of Congo. AVM currently has two main projects, namely, Kinsevere and Mutoshi Projects.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2010  A 24.6 15.9 -- 24.6 0.0 0.0 --
2009  A -23.3 -24.0 -- 0.0 0.0 0.0 --
2008  A -199.8 -280.4 -239.6 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2008 A 2009 F 2010 F 2008 A 2009 F 2010 F 2008 A 2009 F 2010 F
Anvil Mining (AVM) $1,130 M -- -- -- 44.9969 -- -- 0.0000 -- --
BHP Billiton (BHP) $122,719 M 0.3914 0.0692 0.1948 10.4826 9.8037 8.2054 0.0246 0.0309 0.0329
Iluka Resources (ILU) $7,599 M -- 12.8318 1.1768 210.5568 15.2227 6.9931 0.0044 0.0344 0.0731
Rio Tinto (RIO) $31,505 M 0.7519 0.2220 0.0027 10.3368 8.4589 8.4357 0.0147 0.0177 0.0202
Sims Metal Management (SGM) $3,154 M 0.4412 0.1511 0.4209 16.4802 14.3164 10.0756 0.0307 0.0371 0.0433

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AVM 1.09 44.9 1.86 -- 18.7
Market 1.23 11.2 1.09 1.30 2.77
Sector 0.63 12.4 1.31 0.66 20.8

Directors
Name Position Start Date
Mr Darryll Castle Chief Executive Officer,President 01 May 2011
Mr John Sabine Independent Director,Non-Executive Chairman 29 February 2004
Mr Kenneth L Brown Non-Executive Director (other) 09 November 2006
Mr Patrick C Evans Non-Executive Director (other) 02 February 2009
Mr Thomas Dawson Non-Executive Director (other) 03 June 2005
Mr Jeremy Weir Non-Executive Director (other) 24 September 2009
Mr Jesus L Fernandez Non-Executive Director (other) 16 December 2009
Mr Deon Garbers Non-Executive Director (other) 02 March 2010

Management
Name Position
Lui Evangelista Chief Financial Officer (Acting)
Karen O'Neil Commercial Manager
Stuart McKenzie Company Secretary
Mike Lawlor Manager Group Technical Service
Brendan Moseley Manager Metallurgy
Alan Walker Senior Project Manager
Robert LaValliere Vice President Corporate Affairs
Paul Chare Vice President Operations

Substantial Shareholders
Holding Name
7,663,059 (5.10%) Colonial First State Investments
53,248,729 (35.41%) Trafigura Beheer BV
15,590,900 (10.37%) Acuity Investment Management Inc
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