View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTill Capital 過去の業績過去 基準チェック /06Till Capitalの収益は年間平均-24.3%の割合で減少していますが、 Metals and Mining業界の収益は年間 増加しています。収益は年間18.3% 31.3%割合で 減少しています。主要情報-24.33%収益成長率-24.33%EPS成長率Metals and Mining 業界の成長27.39%収益成長率-31.26%株主資本利益率-18.70%ネット・マージン318.84%前回の決算情報31 Mar 2025最近の業績更新Reported Earnings • May 28First quarter 2025 earnings released: US$0.074 loss per share (vs US$0.17 loss in 1Q 2024)First quarter 2025 results: US$0.074 loss per share (improved from US$0.17 loss in 1Q 2024). Net loss: US$236.1k (loss narrowed 58% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 32% per year.Reported Earnings • Nov 17Third quarter 2024 earnings released: US$0.048 loss per share (vs US$0.25 loss in 3Q 2023)Third quarter 2024 results: US$0.048 loss per share (improved from US$0.25 loss in 3Q 2023). Net loss: US$152.6k (loss narrowed 81% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 25Second quarter 2024 earnings released: US$0.29 loss per share (vs US$0.20 loss in 2Q 2023)Second quarter 2024 results: US$0.29 loss per share (further deteriorated from US$0.20 loss in 2Q 2023). Net loss: US$912.2k (loss widened 43% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 15First quarter 2023 earnings released: EPS: US$0.066 (vs US$0.067 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.066 (up from US$0.067 loss in 1Q 2022). Net income: US$209.9k (up US$422.7k from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Sep 02Why Till Capital's (CVE:TIL) Shaky Earnings Are Just The Beginning Of Its ProblemsTill Capital Corporation's ( CVE:TIL ) recent weak earnings report didn't cause a big stock movement. Our analysis...Reported Earnings • Aug 26Second quarter 2022 earnings released: US$0.74 loss per share (vs US$0.28 loss in 2Q 2021)Second quarter 2022 results: US$0.74 loss per share (down from US$0.28 loss in 2Q 2021). Net loss: US$2.36m (loss widened 167% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year.すべての更新を表示Recent updatesReported Earnings • May 28First quarter 2025 earnings released: US$0.074 loss per share (vs US$0.17 loss in 1Q 2024)First quarter 2025 results: US$0.074 loss per share (improved from US$0.17 loss in 1Q 2024). Net loss: US$236.1k (loss narrowed 58% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 32% per year.お知らせ • May 07Silver Storm Mining Ltd. (TSXV:SVRS) entered into an agreement to acquire Till Capital Corporation (TSXV:TIL) for CAD 5.8 million.Silver Storm Mining Ltd. (TSXV:SVRS) entered into an agreement to acquire Till Capital Corporation (TSXV:TIL) for CAD 5.8 million on May 5, 2025. The arrangement is expected to result in the issuance, to each Till Shareholder, approximately 15.874 Silver Storm Units for each Till Share held by such holder immediately prior to the closing of the Transaction, subject to certain closing adjustments. The agreement contains a customary break fee of $400,000 (CAD 0.5511 million) plus certain expenses and is payable to a non-breaching party. Following completion of the transaction, Till Shares will be de-listed from the TSXV and Till will cease to be a reporting issuer under Canadian securities laws. The Transaction has been unanimously approved by the boards of directors of Silver Storm and Till including, in the case of Till, following the recommendation of the special committee. The Till board of directors is unanimously recommending that Till shareholders vote in favour of the transaction. The completion of the transaction is subject to a number of terms and conditions, including without limitation the following: (a) acceptance by the TSXV; (b) approval of the British Columbia Supreme Court; (c) there being no material adverse changes in respect of Till; and (d) other standard conditions of closing for a transaction of this nature. There can be no assurance that all the necessary approvals will be obtained or that all conditions of closing will be satisfied. The Transaction is subject to approval at a special meeting of Till shareholders by (i) 66 2/3 percent of the votes cast by Till shareholders, and (ii) if required, a simple majority of the votes cast by the Till shareholders, excluding the votes cast by certain persons as required by MI 61-101 Protection of Minority Securityholders in Special transactions. Peterson McVicar LLP acted as Silver Storm's legal advisor. Ventum Financial Corp. acted as financial advisor and has provided a fairness opinion to Till. Stikeman Elliott LLP acted as Till's legal advisor.Reported Earnings • Nov 17Third quarter 2024 earnings released: US$0.048 loss per share (vs US$0.25 loss in 3Q 2023)Third quarter 2024 results: US$0.048 loss per share (improved from US$0.25 loss in 3Q 2023). Net loss: US$152.6k (loss narrowed 81% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 25Second quarter 2024 earnings released: US$0.29 loss per share (vs US$0.20 loss in 2Q 2023)Second quarter 2024 results: US$0.29 loss per share (further deteriorated from US$0.20 loss in 2Q 2023). Net loss: US$912.2k (loss widened 43% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.お知らせ • Aug 13Till Capital Corporation, Annual General Meeting, Oct 15, 2024Till Capital Corporation, Annual General Meeting, Oct 15, 2024. Location: british columbia, vancouver CanadaNew Risk • Jun 17New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.90m market cap, or US$4.30m).New Risk • Jun 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (CA$8.30m market cap, or US$6.09m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (US$2.8m revenue).Board Change • Mar 25Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman of the Board Bob Forness was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jan 18Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman of the Board Bob Forness was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman of the Board Bob Forness was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director James Rickards was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 1.2% per year over the past 5 years. Market cap is less than US$10m (CA$11.5m market cap, or US$8.38m). Minor Risk Revenue is less than US$5m (US$2.6m revenue).New Risk • Nov 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$11.5m (US$8.40m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (CA$11.5m market cap, or US$8.40m). Minor Risks Profit margins are more than 30% lower than last year (9.1% net profit margin). Revenue is less than US$5m (US$3.1m revenue).Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Oct 17High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 14Till Capital Corporation, Annual General Meeting, Dec 20, 2023Till Capital Corporation, Annual General Meeting, Dec 20, 2023. Location: Stikeman Elliot 666 Burrard St Suite 1700 Vancouver CanadaBoard Change • Sep 21High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 06High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 28High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.New Risk • Jul 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$9.86m (US$7.44m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.86m market cap, or US$7.44m).Board Change • Jun 29High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jun 15First quarter 2023 earnings released: EPS: US$0.066 (vs US$0.067 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.066 (up from US$0.067 loss in 1Q 2022). Net income: US$209.9k (up US$422.7k from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jun 06High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 24High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Feb 24High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 10Till Capital Corporation announced that it has received CAD 0.675 million in fundingTill Capital Corporation announced a private placement of a convertible note for gross proceeds of CAD 675,000 on December 9, 2022. The convertible note matures on December 6, 2023 and bears interest of 1.25% per month up to and including March 6, 2023, compounded, 1.75% per month from March 7, 2023 to June 6, 2023, compounded and 2% per month from June 7, 2023 to maturity, compounded. The convertible note is convertible into common shares on maturity at the holder’s option at the greater of the 30-day VWAP prior to maturity and CAD 5.47 per share. Interest accrued on the convertible note may be paid in shares at the election of the holder, but will be subject to TSXV approval at the time of such election, including approval of conversion pricing. The Convertible Note and any shares issued in payment of interest are subject to a four-month resale restriction from their respective dates of issuance, which in the case of the Convertible Note will conclude on April 9, 2023.Board Change • Nov 25High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to CA$6.55, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 9x in the Metals and Mining industry in Canada. Total returns to shareholders of 215% over the past three years.お知らせ • Oct 08Till Capital Corporation, Annual General Meeting, Dec 15, 2022Till Capital Corporation, Annual General Meeting, Dec 15, 2022.分析記事 • Sep 02Why Till Capital's (CVE:TIL) Shaky Earnings Are Just The Beginning Of Its ProblemsTill Capital Corporation's ( CVE:TIL ) recent weak earnings report didn't cause a big stock movement. Our analysis...Reported Earnings • Aug 26Second quarter 2022 earnings released: US$0.74 loss per share (vs US$0.28 loss in 2Q 2021)Second quarter 2022 results: US$0.74 loss per share (down from US$0.28 loss in 2Q 2021). Net loss: US$2.36m (loss widened 167% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year.Board Change • Aug 04High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Jun 28High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • May 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 21% share price gain to CA$6.09, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 8x in the Insurance industry in Canada. Total returns to shareholders of 177% over the past three years.Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 30High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 11High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improved over the past weekAfter last week's 19% share price gain to CA$6.29, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 195% over the past three years.Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CA$4.56, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 127% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CA$5.80, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 207% over the past three years.お知らせ • Dec 02Till Capital Corporation announced that it has received CAD 1.5 million in fundingTill Capital Corporation announced a private placement of a convertible note for gross proceeds of CAD 1,500,000 on December 1, 2021. The transaction included participation from an arm’s length purchaser. The convertible note matures on December 30, 2022 and bears interest of 1% per month up to and including March 31, 2022, compounded 1.25% per month from April 1, 2022 to June 30, 2022, compounded and 2% per month from July 1, 2022 to maturity, compounded. The convertible note is convertible into common shares on maturity at the holder’s option at the greater of the 30-day VWAP prior to maturity and CAD 6.05 per share. Interest accrued on the convertible note may be paid in shares at the election of the holder, but will be subject to TSXV approval at the time of such election, including approval of conversion pricing.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$7.02, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 258% over the past three years.お知らせ • Jun 22Accelerant Holdings Ltd. entered into a share purchase agreement to acquire Omega Insurance Holdings Inc. from Till Capital Corporation (TSXV:TIL) for CAD 13.7 million.Accelerant Holdings Ltd. entered into a share purchase agreement to acquire Omega Insurance Holdings Inc. from Till Capital Corporation (TSXV:TIL) for CAD 13.7 million on June 18, 2021. As part of consideration Accelerant will pay Till Capital Corporation an aggregate purchase price of 1.15 times the aggregate book value of the Omega Companies, or approximately CAD 13.7 million. Completion of the transaction is subject to approval of Canada’s Office of the Superintendent of Financial Institutions, the TSX Venture Exchange and certain other customary consents and provincial insurance regulatory filings.Reported Earnings • May 06Full year 2020 earnings released: US$0.72 loss per share (vs US$0.30 loss in FY 2019)Full year 2020 results: Net loss: US$2.31m (loss widened 142% from FY 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Executive Departure • Apr 22Chief Investment Officer has left the companyOn the 15th of April, William Lupien's tenure as Chief Investment Officer ended after 7.0 years in the role. As of December 2020, William personally held 84.82k shares (CA$344k worth at the time). A total of 4 executives have left over the last 12 months.Is New 90 Day High Low • Jan 30New 90-day high: CA$6.76The company is up 80% from its price of CA$3.75 on 30 October 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 16% over the same period.Is New 90 Day High Low • Jan 08New 90-day high: CA$4.98The company is up 72% from its price of CA$2.90 on 08 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period.お知らせ • Dec 19Till Capital Corporation Announces Executive ChangesTill Capital Corporation in its Annual General Meeting (AGM), which was held on December 16, 2020, approved election of Robert Forness, Brian P. Lupien, Scott D. McLeod and James Rickards as Directors. The company also announced retirement of Wayne Kauth, Alan Danson, and William Lupien and Ms. Patricia Tilton as Directors. Following the AGM, the board of directors appointed Edie Nemri as Corporate Secretary. Robert Forness is the CEO and Chief Underwriting Officer of MultiStrat Holdings. He brings more than 30 years of international insurance industry experience, which includes being the former Chief Underwriting Officer and Interim CEO of the Imagine Group and Head of Underwriting and Managing Director of Imagine's Lloyd's operation. Brian Lupien previously served as Till's CFO and is currently its CEO. He was directly involved in the formation of Till and is also a director of Omega Insurance Holdings Inc. From 2000 to 2014, he was an independent consultant specializing in investment fund and personal wealth management. Scott McLeod has over 25 years of experience in finance and business management. He is the co-founder of Nevada McLeod Group (NMG), where he oversees trading, portfolio management, accounting, research, and client retention. Over the past 15 years NMG has invested in private mining companies, private oil ventures and numerous startups among its investment portfolios. James Rickards is the Editor of Strategic Intelligence, a financial newsletter, and is the New York Times bestselling author of Aftermath (2019), The Road to Ruin (2016), The New Case for Gold (2016), The Death of Money (2014), and Currency Wars (2011) from Penguin Random House. Mr. Rickards is one of the world's leading authorities on the role of gold as a monetary asset and has been an invited keynote speaker at gold conferences on six continents.Reported Earnings • Nov 21Third quarter 2020 earnings released: US$0.25 loss per shareThird quarter 2020 results: Net loss: US$799.0k (loss widened US$720.6k from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.収支内訳Till Capital の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSXV:TIL 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 25-1-21031 Dec 24-1-21030 Sep 24-3-51030 Jun 24-4-51031 Mar 24-4-51031 Dec 23-3-41030 Sep 23-1-41030 Jun 23-1-31031 Mar 23-5-61031 Dec 22-6-71030 Sep 22-5-42030 Jun 22222031 Mar 22752031 Dec 21752030 Sep 21742030 Jun 210-32031 Mar 21-1-31031 Dec 200-21030 Sep 20-1-21030 Jun 200-11031 Mar 200-11031 Dec 190-11030 Sep 19341030 Jun 19321031 Mar 19321031 Dec 18201030 Sep 181-73030 Jun 180-63031 Mar 18-1-63031 Dec 172-33030 Sep 170-12030 Jun 17212031 Mar 17322031 Dec 16212030 Sep 16142030 Jun 16-414031 Mar 16-5-25031 Dec 15-6-45030 Sep 153113030 Jun 15593031 Dec 149-650質の高い収益: TILは現在利益が出ていません。利益率の向上: TILは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: TILは利益が出ておらず、過去 5 年間で損失は年間24.3%の割合で増加しています。成長の加速: TILの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: TILは利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( 119.4% ) と比較することは困難です。株主資本利益率高いROE: TILは現在利益が出ていないため、自己資本利益率 ( -18.7% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/07/21 18:23終値2025/07/18 00:00収益2025/03/31年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Till Capital Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 28First quarter 2025 earnings released: US$0.074 loss per share (vs US$0.17 loss in 1Q 2024)First quarter 2025 results: US$0.074 loss per share (improved from US$0.17 loss in 1Q 2024). Net loss: US$236.1k (loss narrowed 58% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 32% per year.
Reported Earnings • Nov 17Third quarter 2024 earnings released: US$0.048 loss per share (vs US$0.25 loss in 3Q 2023)Third quarter 2024 results: US$0.048 loss per share (improved from US$0.25 loss in 3Q 2023). Net loss: US$152.6k (loss narrowed 81% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 25Second quarter 2024 earnings released: US$0.29 loss per share (vs US$0.20 loss in 2Q 2023)Second quarter 2024 results: US$0.29 loss per share (further deteriorated from US$0.20 loss in 2Q 2023). Net loss: US$912.2k (loss widened 43% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 15First quarter 2023 earnings released: EPS: US$0.066 (vs US$0.067 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.066 (up from US$0.067 loss in 1Q 2022). Net income: US$209.9k (up US$422.7k from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Sep 02Why Till Capital's (CVE:TIL) Shaky Earnings Are Just The Beginning Of Its ProblemsTill Capital Corporation's ( CVE:TIL ) recent weak earnings report didn't cause a big stock movement. Our analysis...
Reported Earnings • Aug 26Second quarter 2022 earnings released: US$0.74 loss per share (vs US$0.28 loss in 2Q 2021)Second quarter 2022 results: US$0.74 loss per share (down from US$0.28 loss in 2Q 2021). Net loss: US$2.36m (loss widened 167% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year.
Reported Earnings • May 28First quarter 2025 earnings released: US$0.074 loss per share (vs US$0.17 loss in 1Q 2024)First quarter 2025 results: US$0.074 loss per share (improved from US$0.17 loss in 1Q 2024). Net loss: US$236.1k (loss narrowed 58% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 32% per year.
お知らせ • May 07Silver Storm Mining Ltd. (TSXV:SVRS) entered into an agreement to acquire Till Capital Corporation (TSXV:TIL) for CAD 5.8 million.Silver Storm Mining Ltd. (TSXV:SVRS) entered into an agreement to acquire Till Capital Corporation (TSXV:TIL) for CAD 5.8 million on May 5, 2025. The arrangement is expected to result in the issuance, to each Till Shareholder, approximately 15.874 Silver Storm Units for each Till Share held by such holder immediately prior to the closing of the Transaction, subject to certain closing adjustments. The agreement contains a customary break fee of $400,000 (CAD 0.5511 million) plus certain expenses and is payable to a non-breaching party. Following completion of the transaction, Till Shares will be de-listed from the TSXV and Till will cease to be a reporting issuer under Canadian securities laws. The Transaction has been unanimously approved by the boards of directors of Silver Storm and Till including, in the case of Till, following the recommendation of the special committee. The Till board of directors is unanimously recommending that Till shareholders vote in favour of the transaction. The completion of the transaction is subject to a number of terms and conditions, including without limitation the following: (a) acceptance by the TSXV; (b) approval of the British Columbia Supreme Court; (c) there being no material adverse changes in respect of Till; and (d) other standard conditions of closing for a transaction of this nature. There can be no assurance that all the necessary approvals will be obtained or that all conditions of closing will be satisfied. The Transaction is subject to approval at a special meeting of Till shareholders by (i) 66 2/3 percent of the votes cast by Till shareholders, and (ii) if required, a simple majority of the votes cast by the Till shareholders, excluding the votes cast by certain persons as required by MI 61-101 Protection of Minority Securityholders in Special transactions. Peterson McVicar LLP acted as Silver Storm's legal advisor. Ventum Financial Corp. acted as financial advisor and has provided a fairness opinion to Till. Stikeman Elliott LLP acted as Till's legal advisor.
Reported Earnings • Nov 17Third quarter 2024 earnings released: US$0.048 loss per share (vs US$0.25 loss in 3Q 2023)Third quarter 2024 results: US$0.048 loss per share (improved from US$0.25 loss in 3Q 2023). Net loss: US$152.6k (loss narrowed 81% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 25Second quarter 2024 earnings released: US$0.29 loss per share (vs US$0.20 loss in 2Q 2023)Second quarter 2024 results: US$0.29 loss per share (further deteriorated from US$0.20 loss in 2Q 2023). Net loss: US$912.2k (loss widened 43% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 13Till Capital Corporation, Annual General Meeting, Oct 15, 2024Till Capital Corporation, Annual General Meeting, Oct 15, 2024. Location: british columbia, vancouver Canada
New Risk • Jun 17New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.90m market cap, or US$4.30m).
New Risk • Jun 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (CA$8.30m market cap, or US$6.09m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (US$2.8m revenue).
Board Change • Mar 25Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman of the Board Bob Forness was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jan 18Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman of the Board Bob Forness was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman of the Board Bob Forness was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director James Rickards was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 1.2% per year over the past 5 years. Market cap is less than US$10m (CA$11.5m market cap, or US$8.38m). Minor Risk Revenue is less than US$5m (US$2.6m revenue).
New Risk • Nov 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$11.5m (US$8.40m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (CA$11.5m market cap, or US$8.40m). Minor Risks Profit margins are more than 30% lower than last year (9.1% net profit margin). Revenue is less than US$5m (US$3.1m revenue).
Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Oct 17High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 14Till Capital Corporation, Annual General Meeting, Dec 20, 2023Till Capital Corporation, Annual General Meeting, Dec 20, 2023. Location: Stikeman Elliot 666 Burrard St Suite 1700 Vancouver Canada
Board Change • Sep 21High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 06High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 28High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jul 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$9.86m (US$7.44m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.86m market cap, or US$7.44m).
Board Change • Jun 29High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jun 15First quarter 2023 earnings released: EPS: US$0.066 (vs US$0.067 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.066 (up from US$0.067 loss in 1Q 2022). Net income: US$209.9k (up US$422.7k from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jun 06High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 24High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Feb 24High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 10Till Capital Corporation announced that it has received CAD 0.675 million in fundingTill Capital Corporation announced a private placement of a convertible note for gross proceeds of CAD 675,000 on December 9, 2022. The convertible note matures on December 6, 2023 and bears interest of 1.25% per month up to and including March 6, 2023, compounded, 1.75% per month from March 7, 2023 to June 6, 2023, compounded and 2% per month from June 7, 2023 to maturity, compounded. The convertible note is convertible into common shares on maturity at the holder’s option at the greater of the 30-day VWAP prior to maturity and CAD 5.47 per share. Interest accrued on the convertible note may be paid in shares at the election of the holder, but will be subject to TSXV approval at the time of such election, including approval of conversion pricing. The Convertible Note and any shares issued in payment of interest are subject to a four-month resale restriction from their respective dates of issuance, which in the case of the Convertible Note will conclude on April 9, 2023.
Board Change • Nov 25High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to CA$6.55, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 9x in the Metals and Mining industry in Canada. Total returns to shareholders of 215% over the past three years.
お知らせ • Oct 08Till Capital Corporation, Annual General Meeting, Dec 15, 2022Till Capital Corporation, Annual General Meeting, Dec 15, 2022.
分析記事 • Sep 02Why Till Capital's (CVE:TIL) Shaky Earnings Are Just The Beginning Of Its ProblemsTill Capital Corporation's ( CVE:TIL ) recent weak earnings report didn't cause a big stock movement. Our analysis...
Reported Earnings • Aug 26Second quarter 2022 earnings released: US$0.74 loss per share (vs US$0.28 loss in 2Q 2021)Second quarter 2022 results: US$0.74 loss per share (down from US$0.28 loss in 2Q 2021). Net loss: US$2.36m (loss widened 167% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year.
Board Change • Aug 04High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jun 28High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 21% share price gain to CA$6.09, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 8x in the Insurance industry in Canada. Total returns to shareholders of 177% over the past three years.
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 30High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 11High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Terry Rickard is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improved over the past weekAfter last week's 19% share price gain to CA$6.29, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 195% over the past three years.
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CA$4.56, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 127% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CA$5.80, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 207% over the past three years.
お知らせ • Dec 02Till Capital Corporation announced that it has received CAD 1.5 million in fundingTill Capital Corporation announced a private placement of a convertible note for gross proceeds of CAD 1,500,000 on December 1, 2021. The transaction included participation from an arm’s length purchaser. The convertible note matures on December 30, 2022 and bears interest of 1% per month up to and including March 31, 2022, compounded 1.25% per month from April 1, 2022 to June 30, 2022, compounded and 2% per month from July 1, 2022 to maturity, compounded. The convertible note is convertible into common shares on maturity at the holder’s option at the greater of the 30-day VWAP prior to maturity and CAD 6.05 per share. Interest accrued on the convertible note may be paid in shares at the election of the holder, but will be subject to TSXV approval at the time of such election, including approval of conversion pricing.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$7.02, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 10x in the Insurance industry in Canada. Total returns to shareholders of 258% over the past three years.
お知らせ • Jun 22Accelerant Holdings Ltd. entered into a share purchase agreement to acquire Omega Insurance Holdings Inc. from Till Capital Corporation (TSXV:TIL) for CAD 13.7 million.Accelerant Holdings Ltd. entered into a share purchase agreement to acquire Omega Insurance Holdings Inc. from Till Capital Corporation (TSXV:TIL) for CAD 13.7 million on June 18, 2021. As part of consideration Accelerant will pay Till Capital Corporation an aggregate purchase price of 1.15 times the aggregate book value of the Omega Companies, or approximately CAD 13.7 million. Completion of the transaction is subject to approval of Canada’s Office of the Superintendent of Financial Institutions, the TSX Venture Exchange and certain other customary consents and provincial insurance regulatory filings.
Reported Earnings • May 06Full year 2020 earnings released: US$0.72 loss per share (vs US$0.30 loss in FY 2019)Full year 2020 results: Net loss: US$2.31m (loss widened 142% from FY 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Executive Departure • Apr 22Chief Investment Officer has left the companyOn the 15th of April, William Lupien's tenure as Chief Investment Officer ended after 7.0 years in the role. As of December 2020, William personally held 84.82k shares (CA$344k worth at the time). A total of 4 executives have left over the last 12 months.
Is New 90 Day High Low • Jan 30New 90-day high: CA$6.76The company is up 80% from its price of CA$3.75 on 30 October 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 16% over the same period.
Is New 90 Day High Low • Jan 08New 90-day high: CA$4.98The company is up 72% from its price of CA$2.90 on 08 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period.
お知らせ • Dec 19Till Capital Corporation Announces Executive ChangesTill Capital Corporation in its Annual General Meeting (AGM), which was held on December 16, 2020, approved election of Robert Forness, Brian P. Lupien, Scott D. McLeod and James Rickards as Directors. The company also announced retirement of Wayne Kauth, Alan Danson, and William Lupien and Ms. Patricia Tilton as Directors. Following the AGM, the board of directors appointed Edie Nemri as Corporate Secretary. Robert Forness is the CEO and Chief Underwriting Officer of MultiStrat Holdings. He brings more than 30 years of international insurance industry experience, which includes being the former Chief Underwriting Officer and Interim CEO of the Imagine Group and Head of Underwriting and Managing Director of Imagine's Lloyd's operation. Brian Lupien previously served as Till's CFO and is currently its CEO. He was directly involved in the formation of Till and is also a director of Omega Insurance Holdings Inc. From 2000 to 2014, he was an independent consultant specializing in investment fund and personal wealth management. Scott McLeod has over 25 years of experience in finance and business management. He is the co-founder of Nevada McLeod Group (NMG), where he oversees trading, portfolio management, accounting, research, and client retention. Over the past 15 years NMG has invested in private mining companies, private oil ventures and numerous startups among its investment portfolios. James Rickards is the Editor of Strategic Intelligence, a financial newsletter, and is the New York Times bestselling author of Aftermath (2019), The Road to Ruin (2016), The New Case for Gold (2016), The Death of Money (2014), and Currency Wars (2011) from Penguin Random House. Mr. Rickards is one of the world's leading authorities on the role of gold as a monetary asset and has been an invited keynote speaker at gold conferences on six continents.
Reported Earnings • Nov 21Third quarter 2020 earnings released: US$0.25 loss per shareThird quarter 2020 results: Net loss: US$799.0k (loss widened US$720.6k from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.