View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsTrident Royalties 過去の業績過去 基準チェック /26Trident Royaltiesの収益は年間平均-0.6%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7.7% 69.4%割合で 増加しています。 Trident Royaltiesの自己資本利益率は2.2%であり、純利益率は25.1%です。主要情報-0.59%収益成長率38.56%EPS成長率Metals and Mining 業界の成長19.58%収益成長率69.45%株主資本利益率2.20%ネット・マージン25.12%前回の決算情報31 Dec 2023最近の業績更新分析記事 • May 09We Think That There Are Issues Underlying Trident Royalties' (LON:TRR) EarningsTrident Royalties Plc ( LON:TRR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...Reported Earnings • May 03Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$0.008 (up from US$0.013 loss in FY 2022). Revenue: US$9.52m (up 21% from FY 2022). Net income: US$2.39m (up US$6.08m from FY 2022). Profit margin: 25% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Sep 19First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: US$0.013 (up from US$0.002 loss in 1H 2022). Revenue: US$4.52m (up 44% from 1H 2022). Net income: US$3.81m (up US$4.43m from 1H 2022). Profit margin: 84% (up from net loss in 1H 2022). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jun 05Full year 2022 earnings released: US$0.013 loss per share (vs US$0.021 loss in FY 2021)Full year 2022 results: US$0.013 loss per share. Net loss: US$3.68m (loss widened 4.1% from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.Reported Earnings • Sep 14First half 2022 earnings released: US$0.002 loss per share (vs US$0.006 loss in 1H 2021)First half 2022 results: US$0.002 loss per share (improved from US$0.006 loss in 1H 2021). Net loss: US$611.0k (loss narrowed 34% from 1H 2021). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 3.5% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 49% per year.Reported Earnings • May 10Full year 2021 earnings released: US$0.021 loss per share (vs US$0.025 profit in FY 2020)Full year 2021 results: US$0.021 loss per share (down from US$0.025 profit in FY 2020). Net loss: US$3.54m (down 307% from profit in FY 2020). Over the next year, revenue is forecast to grow 19,057%, compared to a 8.7% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Sep 03The London Stock Exchange Cancels Trading of Trident Shares on AIMOn 13 June 2024, the boards of Deterra Global Holdings Pty Ltd. (‘Bidco’) and Trident Royalties Plc (‘Trident’) announced that they had agreed the terms of a recommended cash acquisition of Trident by Bidco pursuant to which Bidco will acquire the entire issued and to be issued share capital of Trident (the ‘Acquisition’) to be effected by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the ‘Scheme’). The circular in relation to the Scheme was published on 4 July 2024 (the ‘Scheme Document’). Further to the announcement made by the boards of Bidco and Trident on 2 September 2024 that the Scheme has become Effective in accordance with its terms, the boards of Bidco and Trident announced that, following an application by Trident, the London Stock Exchange has cancelled the trading of Trident Shares on AIM, with effect from 7.00 a.m., 3 September 2024.お知らせ • Jul 31Trident Royalties to Cancel Shares from Admission to Trading on AIM Effective September 03On 13 June 2024, the boards of Deterra Global Holdings Pty Ltd. ("Bidco") and Trident Royalties Plc ("Trident") announced that they had agreed the terms of a recommended cash acquisition of Trident by Bidco pursuant to which Bidco will acquire the entire issued and to be issued share capital of Trident (the "Acquisition"). The Acquisition is being effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme") and is subject to the terms and conditions set out in the shareholder circular relating to the Scheme published by Trident on 4 July 2024 (the "Scheme Document"). Cancellation of admission of Trident Shares to trading on AIM: By 7.00 am on 3 September 2024.Recent Insider Transactions • Jul 14Insider recently sold UK£243k worth of stockOn the 10th of July, Albert Gourley sold around 510k shares on-market at roughly UK£0.48 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth UK£1.9m. Insiders have been net sellers, collectively disposing of UK£1.8m more than they bought in the last 12 months.Recent Insider Transactions • Jun 16Insider recently sold UK£1.9m worth of stockOn the 13th of June, Albert Gourley sold around 4m shares on-market at roughly UK£0.48 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£1.5m more than they bought in the last 12 months.分析記事 • May 31Shareholders May Not Be So Generous With Trident Royalties Plc's (LON:TRR) CEO Compensation And Here's WhyKey Insights Trident Royalties' Annual General Meeting to take place on 7th of June CEO Adam Davidson's total...お知らせ • May 15Trident Royalties Plc, Annual General Meeting, Jun 07, 2024Trident Royalties Plc, Annual General Meeting, Jun 07, 2024. Location: the offices of shakespeare martineau llp, 6th floor, 60 gracechurch street, ec3v 0hr, london United Kingdomお知らせ • May 11Trident Royalties Plc Announces Board ChangesTrident Royalties Plc announced that Al Gourley has requested to step down from the Board of Directors with immediate effect, for personal reasons. Peter Bacchus will assume the role as Chair of the Board.分析記事 • May 09We Think That There Are Issues Underlying Trident Royalties' (LON:TRR) EarningsTrident Royalties Plc ( LON:TRR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...Reported Earnings • May 03Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$0.008 (up from US$0.013 loss in FY 2022). Revenue: US$9.52m (up 21% from FY 2022). Net income: US$2.39m (up US$6.08m from FY 2022). Profit margin: 25% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 25Consensus EPS estimates fall by 46%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$0.0102 to US$0.0055. Revenue forecast unchanged from US$9.58m at last update. Net income forecast to shrink 85% next year vs 22% growth forecast for Metals and Mining industry in the United Kingdom . Consensus price target broadly unchanged at UK£0.81. Share price was steady at UK£0.34 over the past week.Recent Insider Transactions • Mar 21Independent Non-Executive Chair recently bought UK£126k worth of stockOn the 18th of March, Albert Gourley bought around 350k shares on-market at roughly UK£0.36 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Albert's only on-market trade for the last 12 months.Recent Insider Transactions • Dec 03CFO & Executive Director recently bought UK£64k worth of stockOn the 29th of November, Richard Hughes bought around 200k shares on-market at roughly UK£0.32 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of UK£212k worth in shares.お知らせ • Oct 18Anson Resources Ltd Outlines 45% Increase in Its Jorc 2012 Compliant Mineral Resource At Its Paradox Lithium Project Located in the Paradox Basin of South-Eastern Utah, UsaAnson Resources Ltd. outlining a 45% increase in its JORC 2012 compliant Mineral Resource at its Paradox Lithium Project located in the Paradox Basin of south-eastern Utah, USA. On 4 September 2023, Trident announced the acquisition of a 2.50% net smelter return royalty over all of Anson's projects in the Paradox Basin, including Paradox and the Green River Lithium Project. Highlights; Material increase in Resource demonstrates value of Trident's royalty; Material JORC 2012 Mineral Resource upgrade confirmed at Paradox; 1.504Mt of Lithium Carbonate Equivalent (LCE) and 7.61Mt of Bromine, including, Indicated Resource of 366,737t of LCE and 1.91Mt of Bromine, Inferred Resource of 1.14Mt of LCE and 5.70Mt of Bromine; Upgraded Mineral Resource represents: 45% increase in previously reported Lithium Resource, including; 6% increase in Indicated Resource 117% increase in Inferred Resource. Mineral Resource upgrade confirmed after Anson successfully completes the strategic acquisition of the Green Energy Lithium Project immediately adjacent to Paradox; The Upgraded Mineral Resource represents a further significant expansion of Anson's lithium JORC Mineral Resource inventory in the Paradox Basin; Potential for substantial further Mineral Resource expansion via drilling of Anson's Western Strategy.Major Estimate Revision • Sep 25Consensus EPS estimates increase from loss to US$0.0095 profitThe consensus outlook for fiscal year 2023 has been updated. 2023 forecast for profit of -US$0.0072 instead of a loss of US$0.0095 per share previously. Revenue forecast unchanged at US$9.42m. Metals and Mining industry in the United Kingdom expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at UK£0.81. Share price fell 2.2% to UK£0.43 over the past week.Reported Earnings • Sep 19First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: US$0.013 (up from US$0.002 loss in 1H 2022). Revenue: US$4.52m (up 44% from 1H 2022). Net income: US$3.81m (up US$4.43m from 1H 2022). Profit margin: 84% (up from net loss in 1H 2022). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Sep 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.9% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.お知らせ • Sep 05Trident Royalties Plc (AIM:TRR) entered into a binding agreement to acquire Advanced Stage Lithium Royalty for $10 million.Trident Royalties Plc (AIM:TRR) entered into a binding agreement to acquire Advanced Stage Lithium Royalty for $10 million on 4 September 2023.Major Estimate Revision • Sep 01Consensus EPS estimates upgraded to US$0.0077 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -US$0.02 per share to -US$0.0077 per share. Revenue forecast reaffirmed at US$10.5m. Metals and Mining industry in the United Kingdom expected to see average net income growth of 16% next year. Consensus price target reaffirmed at UK£0.83. Share price fell 2.4% to UK£0.41 over the past week.Board Change • Sep 01High number of new directorsNon-Executive Director Leslie Stephenson was the last director to join the board, commencing their role in 2023.New Risk • Aug 21New major risk - Revenue and earnings growthEarnings have declined by 48% 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 Risk Earnings have declined by 48% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$61m).お知らせ • Aug 17Trident Royalties Plc Appoints Leslie Stephenson as Non-Executive DirectorTrident Royalties Plc announced the appointment of Leslie Stephenson as Non-Executive Director with immediate effect. Leslie Stephenson has over 30 years' experience in the banking and insurance sectors and most recently held senior roles at HSBC, specifically around strategic planning and risk management. Leslie left HSBC in 2022. Leslie holds an MBA from Richard Ivey School of Business and a BA from Western University. Age: 55. Current directorships or partnerships: Canada-UK Council, The In & Out Limited (trading as The In & Out Naval And Military Club), The University of Western Ontario (UK) Foundation (Trustee). Former directorships or partnerships (previous 5 years): Canada-United Kingdom Chamber of Commerce.Major Estimate Revision • Aug 01Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$11.1m to US$10.4m. Losses expected to increase from US$0 per share to US$0.02. Metals and Mining industry in the United Kingdom expected to see average net income growth of 17% next year. Consensus price target up from UK£0.80 to UK£0.82. Share price fell 3.8% to UK£0.45 over the past week.Recent Insider Transactions • Jul 11CFO & Executive Director recently bought UK£56k worth of stockOn the 7th of July, Richard Hughes bought around 125k shares on-market at roughly UK£0.44 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of UK£235k worth in shares.お知らせ • Jun 07Trident Royalties Plc, Annual General Meeting, Jun 29, 2023Trident Royalties Plc, Annual General Meeting, Jun 29, 2023, at 10:00 Coordinated Universal Time. Location: 30 Finsbury Square, London, EC2A 1AG London United Kingdom Agenda: To consider Annual Report and Accounts; to consider Re-appointment and remuneration of Auditor; to consider Re-appointment of Directors; to consider Directors’ authority to allot shares; to consider Revised Investing Policy; to consider Disapplication of pre-emption rights; and to consider Authority to purchase own shares.Reported Earnings • Jun 05Full year 2022 earnings released: US$0.013 loss per share (vs US$0.021 loss in FY 2021)Full year 2022 results: US$0.013 loss per share. Net loss: US$3.68m (loss widened 4.1% from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.お知らせ • May 16Trident Royalties Plc entered into a binding sale and purchase agreement to acquire La Preciosa silver project from Avino Silver & Gold Mines Ltd. for $8 million.Trident Royalties Plc entered into a binding sale and purchase agreement to acquire La Preciosa silver project from Avino Silver & Gold Mines Ltd. for $8 million on May 15, 2023. The consideration of $8 million, Trident will pay $7 million in cash on closing, and a further $1 million, in cash or shares as an earnout payment. Colin Aaronson, Samantha Harrison and Samuel Littler of Grant Thornton UK LLP acted as an accountant to Trident Royalties Plc.Buying Opportunity • Jan 23Now 20% undervaluedOver the last 90 days, the stock is up 6.5%. The fair value is estimated to be UK£0.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 71% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 249% in a year. Earnings is forecast to grow by 81% in the next year.Recent Insider Transactions • Dec 13CFO & Executive Director recently bought UK£92k worth of stockOn the 9th of December, Richard Hughes bought around 175k shares on-market at roughly UK£0.53 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of UK£180k worth in shares.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (6 non-independent directors). CEO & Executive Director Adam Davidson is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Helen Pein was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Sep 14First half 2022 earnings released: US$0.002 loss per share (vs US$0.006 loss in 1H 2021)First half 2022 results: US$0.002 loss per share (improved from US$0.006 loss in 1H 2021). Net loss: US$611.0k (loss narrowed 34% from 1H 2021). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 3.5% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 49% per year.Reported Earnings • May 10Full year 2021 earnings released: US$0.021 loss per share (vs US$0.025 profit in FY 2020)Full year 2021 results: US$0.021 loss per share (down from US$0.025 profit in FY 2020). Net loss: US$3.54m (down 307% from profit in FY 2020). Over the next year, revenue is forecast to grow 19,057%, compared to a 8.7% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Board Change • Apr 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). CEO & Director Adam Davidson is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Helen Pein was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors.収支内訳Trident Royalties 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AIM:TRR 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Dec 231024030 Sep 23924030 Jun 23914031 Mar 239-14031 Dec 228-44030 Sep 225-34030 Jun 223-34031 Mar 222-33031 Dec 210-43030 Sep 210-13030 Jun 21113031 Mar 21122031 Dec 20222030 Jun 201-11031 Mar 200-11031 Dec 190-10031 Oct 190-10031 Jul 190000質の高い収益: TRRには$7.5M } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st December, 2023に影響を及ぼしています。利益率の向上: TRR過去に利益を上げました。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: TRR過去 5 年間で収益を上げており、収益は年間-0.6%増加しています。成長の加速: TRRは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: TRR昨年収益を上げたため、昨年の収益成長をMetals and Mining業界 ( 94.4% ) と比較することは困難です。株主資本利益率高いROE: TRRの 自己資本利益率 ( 2.2% ) は 低い とみなされます。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2024/09/02 07:06終値2024/09/02 00:00収益2023/12/31年間収益2023/12/31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Trident Royalties Plc 1 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。2 アナリスト機関Andrew BreichmanasStifel, Equities ResearchDavid Simon ButlerTamesis Partners LLP
分析記事 • May 09We Think That There Are Issues Underlying Trident Royalties' (LON:TRR) EarningsTrident Royalties Plc ( LON:TRR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
Reported Earnings • May 03Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$0.008 (up from US$0.013 loss in FY 2022). Revenue: US$9.52m (up 21% from FY 2022). Net income: US$2.39m (up US$6.08m from FY 2022). Profit margin: 25% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 19First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: US$0.013 (up from US$0.002 loss in 1H 2022). Revenue: US$4.52m (up 44% from 1H 2022). Net income: US$3.81m (up US$4.43m from 1H 2022). Profit margin: 84% (up from net loss in 1H 2022). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jun 05Full year 2022 earnings released: US$0.013 loss per share (vs US$0.021 loss in FY 2021)Full year 2022 results: US$0.013 loss per share. Net loss: US$3.68m (loss widened 4.1% from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
Reported Earnings • Sep 14First half 2022 earnings released: US$0.002 loss per share (vs US$0.006 loss in 1H 2021)First half 2022 results: US$0.002 loss per share (improved from US$0.006 loss in 1H 2021). Net loss: US$611.0k (loss narrowed 34% from 1H 2021). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 3.5% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 49% per year.
Reported Earnings • May 10Full year 2021 earnings released: US$0.021 loss per share (vs US$0.025 profit in FY 2020)Full year 2021 results: US$0.021 loss per share (down from US$0.025 profit in FY 2020). Net loss: US$3.54m (down 307% from profit in FY 2020). Over the next year, revenue is forecast to grow 19,057%, compared to a 8.7% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 03The London Stock Exchange Cancels Trading of Trident Shares on AIMOn 13 June 2024, the boards of Deterra Global Holdings Pty Ltd. (‘Bidco’) and Trident Royalties Plc (‘Trident’) announced that they had agreed the terms of a recommended cash acquisition of Trident by Bidco pursuant to which Bidco will acquire the entire issued and to be issued share capital of Trident (the ‘Acquisition’) to be effected by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the ‘Scheme’). The circular in relation to the Scheme was published on 4 July 2024 (the ‘Scheme Document’). Further to the announcement made by the boards of Bidco and Trident on 2 September 2024 that the Scheme has become Effective in accordance with its terms, the boards of Bidco and Trident announced that, following an application by Trident, the London Stock Exchange has cancelled the trading of Trident Shares on AIM, with effect from 7.00 a.m., 3 September 2024.
お知らせ • Jul 31Trident Royalties to Cancel Shares from Admission to Trading on AIM Effective September 03On 13 June 2024, the boards of Deterra Global Holdings Pty Ltd. ("Bidco") and Trident Royalties Plc ("Trident") announced that they had agreed the terms of a recommended cash acquisition of Trident by Bidco pursuant to which Bidco will acquire the entire issued and to be issued share capital of Trident (the "Acquisition"). The Acquisition is being effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme") and is subject to the terms and conditions set out in the shareholder circular relating to the Scheme published by Trident on 4 July 2024 (the "Scheme Document"). Cancellation of admission of Trident Shares to trading on AIM: By 7.00 am on 3 September 2024.
Recent Insider Transactions • Jul 14Insider recently sold UK£243k worth of stockOn the 10th of July, Albert Gourley sold around 510k shares on-market at roughly UK£0.48 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth UK£1.9m. Insiders have been net sellers, collectively disposing of UK£1.8m more than they bought in the last 12 months.
Recent Insider Transactions • Jun 16Insider recently sold UK£1.9m worth of stockOn the 13th of June, Albert Gourley sold around 4m shares on-market at roughly UK£0.48 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£1.5m more than they bought in the last 12 months.
分析記事 • May 31Shareholders May Not Be So Generous With Trident Royalties Plc's (LON:TRR) CEO Compensation And Here's WhyKey Insights Trident Royalties' Annual General Meeting to take place on 7th of June CEO Adam Davidson's total...
お知らせ • May 15Trident Royalties Plc, Annual General Meeting, Jun 07, 2024Trident Royalties Plc, Annual General Meeting, Jun 07, 2024. Location: the offices of shakespeare martineau llp, 6th floor, 60 gracechurch street, ec3v 0hr, london United Kingdom
お知らせ • May 11Trident Royalties Plc Announces Board ChangesTrident Royalties Plc announced that Al Gourley has requested to step down from the Board of Directors with immediate effect, for personal reasons. Peter Bacchus will assume the role as Chair of the Board.
分析記事 • May 09We Think That There Are Issues Underlying Trident Royalties' (LON:TRR) EarningsTrident Royalties Plc ( LON:TRR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
Reported Earnings • May 03Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$0.008 (up from US$0.013 loss in FY 2022). Revenue: US$9.52m (up 21% from FY 2022). Net income: US$2.39m (up US$6.08m from FY 2022). Profit margin: 25% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 25Consensus EPS estimates fall by 46%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$0.0102 to US$0.0055. Revenue forecast unchanged from US$9.58m at last update. Net income forecast to shrink 85% next year vs 22% growth forecast for Metals and Mining industry in the United Kingdom . Consensus price target broadly unchanged at UK£0.81. Share price was steady at UK£0.34 over the past week.
Recent Insider Transactions • Mar 21Independent Non-Executive Chair recently bought UK£126k worth of stockOn the 18th of March, Albert Gourley bought around 350k shares on-market at roughly UK£0.36 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Albert's only on-market trade for the last 12 months.
Recent Insider Transactions • Dec 03CFO & Executive Director recently bought UK£64k worth of stockOn the 29th of November, Richard Hughes bought around 200k shares on-market at roughly UK£0.32 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of UK£212k worth in shares.
お知らせ • Oct 18Anson Resources Ltd Outlines 45% Increase in Its Jorc 2012 Compliant Mineral Resource At Its Paradox Lithium Project Located in the Paradox Basin of South-Eastern Utah, UsaAnson Resources Ltd. outlining a 45% increase in its JORC 2012 compliant Mineral Resource at its Paradox Lithium Project located in the Paradox Basin of south-eastern Utah, USA. On 4 September 2023, Trident announced the acquisition of a 2.50% net smelter return royalty over all of Anson's projects in the Paradox Basin, including Paradox and the Green River Lithium Project. Highlights; Material increase in Resource demonstrates value of Trident's royalty; Material JORC 2012 Mineral Resource upgrade confirmed at Paradox; 1.504Mt of Lithium Carbonate Equivalent (LCE) and 7.61Mt of Bromine, including, Indicated Resource of 366,737t of LCE and 1.91Mt of Bromine, Inferred Resource of 1.14Mt of LCE and 5.70Mt of Bromine; Upgraded Mineral Resource represents: 45% increase in previously reported Lithium Resource, including; 6% increase in Indicated Resource 117% increase in Inferred Resource. Mineral Resource upgrade confirmed after Anson successfully completes the strategic acquisition of the Green Energy Lithium Project immediately adjacent to Paradox; The Upgraded Mineral Resource represents a further significant expansion of Anson's lithium JORC Mineral Resource inventory in the Paradox Basin; Potential for substantial further Mineral Resource expansion via drilling of Anson's Western Strategy.
Major Estimate Revision • Sep 25Consensus EPS estimates increase from loss to US$0.0095 profitThe consensus outlook for fiscal year 2023 has been updated. 2023 forecast for profit of -US$0.0072 instead of a loss of US$0.0095 per share previously. Revenue forecast unchanged at US$9.42m. Metals and Mining industry in the United Kingdom expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at UK£0.81. Share price fell 2.2% to UK£0.43 over the past week.
Reported Earnings • Sep 19First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: US$0.013 (up from US$0.002 loss in 1H 2022). Revenue: US$4.52m (up 44% from 1H 2022). Net income: US$3.81m (up US$4.43m from 1H 2022). Profit margin: 84% (up from net loss in 1H 2022). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Sep 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.9% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
お知らせ • Sep 05Trident Royalties Plc (AIM:TRR) entered into a binding agreement to acquire Advanced Stage Lithium Royalty for $10 million.Trident Royalties Plc (AIM:TRR) entered into a binding agreement to acquire Advanced Stage Lithium Royalty for $10 million on 4 September 2023.
Major Estimate Revision • Sep 01Consensus EPS estimates upgraded to US$0.0077 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -US$0.02 per share to -US$0.0077 per share. Revenue forecast reaffirmed at US$10.5m. Metals and Mining industry in the United Kingdom expected to see average net income growth of 16% next year. Consensus price target reaffirmed at UK£0.83. Share price fell 2.4% to UK£0.41 over the past week.
Board Change • Sep 01High number of new directorsNon-Executive Director Leslie Stephenson was the last director to join the board, commencing their role in 2023.
New Risk • Aug 21New major risk - Revenue and earnings growthEarnings have declined by 48% 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 Risk Earnings have declined by 48% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$61m).
お知らせ • Aug 17Trident Royalties Plc Appoints Leslie Stephenson as Non-Executive DirectorTrident Royalties Plc announced the appointment of Leslie Stephenson as Non-Executive Director with immediate effect. Leslie Stephenson has over 30 years' experience in the banking and insurance sectors and most recently held senior roles at HSBC, specifically around strategic planning and risk management. Leslie left HSBC in 2022. Leslie holds an MBA from Richard Ivey School of Business and a BA from Western University. Age: 55. Current directorships or partnerships: Canada-UK Council, The In & Out Limited (trading as The In & Out Naval And Military Club), The University of Western Ontario (UK) Foundation (Trustee). Former directorships or partnerships (previous 5 years): Canada-United Kingdom Chamber of Commerce.
Major Estimate Revision • Aug 01Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$11.1m to US$10.4m. Losses expected to increase from US$0 per share to US$0.02. Metals and Mining industry in the United Kingdom expected to see average net income growth of 17% next year. Consensus price target up from UK£0.80 to UK£0.82. Share price fell 3.8% to UK£0.45 over the past week.
Recent Insider Transactions • Jul 11CFO & Executive Director recently bought UK£56k worth of stockOn the 7th of July, Richard Hughes bought around 125k shares on-market at roughly UK£0.44 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of UK£235k worth in shares.
お知らせ • Jun 07Trident Royalties Plc, Annual General Meeting, Jun 29, 2023Trident Royalties Plc, Annual General Meeting, Jun 29, 2023, at 10:00 Coordinated Universal Time. Location: 30 Finsbury Square, London, EC2A 1AG London United Kingdom Agenda: To consider Annual Report and Accounts; to consider Re-appointment and remuneration of Auditor; to consider Re-appointment of Directors; to consider Directors’ authority to allot shares; to consider Revised Investing Policy; to consider Disapplication of pre-emption rights; and to consider Authority to purchase own shares.
Reported Earnings • Jun 05Full year 2022 earnings released: US$0.013 loss per share (vs US$0.021 loss in FY 2021)Full year 2022 results: US$0.013 loss per share. Net loss: US$3.68m (loss widened 4.1% from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
お知らせ • May 16Trident Royalties Plc entered into a binding sale and purchase agreement to acquire La Preciosa silver project from Avino Silver & Gold Mines Ltd. for $8 million.Trident Royalties Plc entered into a binding sale and purchase agreement to acquire La Preciosa silver project from Avino Silver & Gold Mines Ltd. for $8 million on May 15, 2023. The consideration of $8 million, Trident will pay $7 million in cash on closing, and a further $1 million, in cash or shares as an earnout payment. Colin Aaronson, Samantha Harrison and Samuel Littler of Grant Thornton UK LLP acted as an accountant to Trident Royalties Plc.
Buying Opportunity • Jan 23Now 20% undervaluedOver the last 90 days, the stock is up 6.5%. The fair value is estimated to be UK£0.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 71% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 249% in a year. Earnings is forecast to grow by 81% in the next year.
Recent Insider Transactions • Dec 13CFO & Executive Director recently bought UK£92k worth of stockOn the 9th of December, Richard Hughes bought around 175k shares on-market at roughly UK£0.53 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of UK£180k worth in shares.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (6 non-independent directors). CEO & Executive Director Adam Davidson is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Helen Pein was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Sep 14First half 2022 earnings released: US$0.002 loss per share (vs US$0.006 loss in 1H 2021)First half 2022 results: US$0.002 loss per share (improved from US$0.006 loss in 1H 2021). Net loss: US$611.0k (loss narrowed 34% from 1H 2021). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 3.5% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 49% per year.
Reported Earnings • May 10Full year 2021 earnings released: US$0.021 loss per share (vs US$0.025 profit in FY 2020)Full year 2021 results: US$0.021 loss per share (down from US$0.025 profit in FY 2020). Net loss: US$3.54m (down 307% from profit in FY 2020). Over the next year, revenue is forecast to grow 19,057%, compared to a 8.7% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). CEO & Director Adam Davidson is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Helen Pein was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors.