View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 배당 및 자사주 매입배당 기준 점검 0/6Trident Royalties 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률0.003%자사주 매입 수익률총 주주 수익률0.003%미래 배당 수익률0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • 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.공시 • 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.분석 기사 • 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...공시 • 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 Kingdom공시 • 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.분석 기사 • 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.공시 • 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.공시 • 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).공시 • 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.공시 • 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.공시 • 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.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 TRR 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: TRR 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Trident Royalties 배당 수익률 vs 시장TRR의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TRR)n/a시장 하위 25% (GB)2.2%시장 상위 25% (GB)5.6%업계 평균 (Metals and Mining)2.6%분석가 예측 (TRR) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 TRR 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 TRR 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 TRR 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: TRR 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YGB 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/02 21:07종가2024/09/02 00:00수익2023/12/31연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Trident Royalties Plc는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrew BreichmanasStifel, Equities ResearchDavid Simon ButlerTamesis Partners LLP
공시 • 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.
공시 • 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.
분석 기사 • 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...
공시 • 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
공시 • 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.
분석 기사 • 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.
공시 • 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.
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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.