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Aton Resources Inc. Stock AnalysisComprehensive stock analysis for Aton Resources Inc. (AAN.V) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisAAN.V
AAN.V
Aton Resources Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
AAN.V
Home🔹Stocks🔹Aton Resources Inc.

Aton Resources Inc.

FRC Coverage
🇨🇦AAN.V•TSXV

Aton Resources Inc.

FRC Coverage
🇨🇦AAN.V•TSXV
Sentiment

Your view on AAN.V

Sentiment
Your view
AAN.V
Aton Resources Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
AAN.V
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Aton Resources Inc. has paid FRC a fee for research coverage and distribution of reports.

About Aton Resources Inc.

Industry
Other Precious Metals
Sector
Basic Materials
CEO
Tonno Vahk
Headquarters
666 Burrard Street Suite 1700, Vancouver, BC, CA
Industry
Other Precious Metals
Sector
Basic Materials
CEO
Tonno Vahk
Headquarters
666 Burrard Street Suite 1700, Vancouver, BC, CA
Description

Aton Resources Inc., a mineral exploration company, explores and develops mineral properties in the Arab Republic of Egypt. It explores for gold, silver, and base metal deposits. The company owns the Abu Marawat concession that covers an area of approximately 447.7 square kilometer located in the Arabian-Nubian Shield.

FRC Research
Buy
Fair Value Estimate
CAD$1.08

Gold Retreats from Highs - Opportunity Lies in Quality Assets

Report · Feb 5, 2026

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FRC Research
Buy
Fair Value Estimate
CAD$1.08

Gold Retreats from Highs - Opportunity Lies in Quality Assets

Report · Feb 5, 2026

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Aton Resources Inc., and the rating behind it. AAN.V last traded at C$0.32; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Aton Resources Inc.. Starting points for Aton Resources Inc.: EPS -C$0.10, beta 0.99 — an Other Precious Metals name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Aton Resources Inc.. Aton Resources Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Aton Resources Inc.. Trailing twelve-month EPS for Aton Resources Inc. stands at -C$0.10. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Aton Resources Inc.. Aton Resources Inc. has reported as a listed company since 2008. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Aton Resources Inc. valued side by side against its closest peers. Aton Resources Inc. is measured against Other Precious Metals peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Aton Resources Inc., and how their positions are changing. At a C$40.8M market value, institutional positions materially move Aton Resources Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Aton Resources Inc. executives and directors. Shares of Aton Resources Inc. have traded between C$0.15 and C$0.35 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Aton Resources Inc.. Aton Resources Inc. is a C$40.8M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Aton Resources Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Aton Resources Inc.. Coverage tracks Aton Resources Inc. within Other Precious Metals (Basic Materials). Press releases and market coverage, newest first.

Peer companies

  • ATY.V — Atico Mining Corporation
  • BKI.TO — Black Iron Inc.
  • EAM.V — East Africa Metals Inc.
  • MRZ.V — Mirasol Resources Ltd.
  • MTS.V — Metallis Resources Inc.
  • QZM.V — Quartz Mountain Resources Ltd.
  • SAM.TO — Starcore International Mines Ltd.

More Other Precious Metals companies

  • LFLRF — LaFleur Minerals Inc.
  • LGCXF — Lahontan Gold Corp.
  • LINMF — Linear Minerals Corp.
  • LITOF — Frontier Lithium Inc.
  • LKY.AX — Locksley Resources Limited
  • LMCU.TO — Lumina Metals Corp.
  • LNDLF — Landore Resources Limited
  • LNQ.AX — LinQ Minerals Limited
  • LODE — Comstock Inc.
  • LQMT — Liquidmetal Technologies, Inc.
  • LRV.AX — Larvotto Resources Limited
  • LSTR.V — Lodestar Metals Corp.

Research Reports

2 reports

*Aton Resources Inc. has paid FRC a fee for research coverage and distribution of reports.

Feb 5, 2026

Gold Retreats from Highs - Opportunity Lies in Quality Assets

Explore Aton Resources Inc.'s updated gold estimates and management's hub-and-spoke mining model for efficient production.

Thumbnail for Gold Retreats from Highs - Opportunity Lies in Quality Assets
May 17, 2024

Targeting Gold Production in Egypt by 2026

We are resuming coverage on Aton Resources. Aton is advancing multiple gold projects in Egypt’s Arabian Nubian Shield (ANS).

Thumbnail for Targeting Gold Production in Egypt by 2026
6 reports
Dec 20, 2020

Positive Drilling at Rodruin / Expecting Major Positive Mining Reforms in Egypt; Raising Fair Value

PDF
Feb 20, 2019

Positive Drilling at Rodruin / Expecting Major Positive Mining Reforms in Egypt; Raising Fair Value

PDF
Jun 6, 2018

Aiming to Commence Production by End of 2019

PDF
Jun 6, 2018

Aiming to Commence Production by End of 2019

PDF
Dec 20, 2017

Exploiting Exceedingly Underexplored Egypt Gold Resources - Initiating Coverage

PDF
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12 notes

*Aton Resources Inc. has paid FRC a fee for research coverage and distribution of reports.

Jul 27, 2026·1 month agoLatest
Company Announcement

Announces a $4M equity financing

FRC Analyst's Comment

Proceeds will fund exploration and development at the Hamama polymetallic project, part of the company's 100%-owned Abu Marawat concession in Egypt. Management plans to release a resource estimate covering four targets, and remains focused on bringing the first target, Hamama West, into production by late 2027. The planned low-CAPEX, low-OPEX open-pit heap leach operation is expected to produce 13–15 Koz of gold annually.

Longer term, the company intends to develop the project using a hub-and-spoke model, with a centralized processing plant serving multiple nearby deposits, an approach that could lower CAPEX, while accelerating future production growth.

Jul 27, 20261 month agoLatest
Mar 30, 2026·5 months ago
Company Announcement

High-grade results from a drill program at the Abu Marawat gold-silver-copper-zinc project in Egypt

FRC Analyst's Comment

The first 14 holes on one of the company’s properties in Egypt returned significant polymetallic mineralization, including 20 m of 23.83 g/t AuEq (21.85 g/t Au, 178 g/t Ag, 0.55% Cu, and 5.21% Zn), 9 m of 20.54 g/t AuEq, and 14 m of 6.15 g/t AuEq. These are very high grades, as typical gold-rich polymetallic mines average 2–8 g/t. These results support the potential to upgrade the property’s inferred resources (lower confidence), into the indicated category (higher confidence).

The company plans to release a resource estimate on four targets, and is focused on bringing its first target, Hamama West, into production by late 2027, via a low-CAPEX, low-OPEX open-pit and heap leach operation, expected to produce 13–15 Koz per year. Management’s long-term strategy is a hub-and-spoke model, with a central processing plant (the hub), and small nearby mines (the spokes). This approach can reduce costs, accelerate production, and improve efficiency compared with building separate plants at each site.

Mar 30, 20265 months ago
Dec 29, 2025·8 months ago
Company Announcement

Final results of a drill program at the Semna gold project in Egypt (QP: Javier Orduña BSc, MSc, MCSM, DIC, MAIG, SEG(M), Chief Geologist of Aton Resources)

FRC Analyst's Comment

Positive – The final 29 holes of a 5,257 m / 44-hole drill program returned several high-grade gold intercepts, extending the known mineralization along strike and at depth. We believe the results confirm the Semna project’s potential to host a gold resource. Aton aims to complete a maiden resource estimate next year. Semna is one of several projects in Aton’s portfolio of gold projects in Egypt. In addition to the maiden resource on Semna, the company is advancing a Preliminary Feasibility Study (PFS) on another target, while aiming to bring the Hamama West mine into production in 2027. We believe these catalysts will help Aton gain greater recognition from capital markets next year.

Dec 29, 20258 months ago
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News

Latest Market News