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TAM

Tanami Gold ASX:TAM Stock Report

Last Price

AU$0.045

Market Cap

AU$52.9m

7D

7.1%

1Y

-37.5%

Updated

24 Sep, 2022

Data

Company Financials
TAM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

TAM Stock Overview

Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia.

Tanami Gold Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tanami Gold
Historical stock prices
Current Share PriceAU$0.045
52 Week HighAU$0.075
52 Week LowAU$0.04
Beta0.28
1 Month Change2.27%
3 Month Change-13.46%
1 Year Change-37.50%
3 Year Change-6.25%
5 Year Change-8.16%
Change since IPO-99.17%

Recent News & Updates

Shareholder Returns

TAMAU Metals and MiningAU Market
7D7.1%-0.9%-2.7%
1Y-37.5%2.1%-11.0%

Return vs Industry: TAM underperformed the Australian Metals and Mining industry which returned 2.1% over the past year.

Return vs Market: TAM underperformed the Australian Market which returned -11% over the past year.

Price Volatility

Is TAM's price volatile compared to industry and market?
TAM volatility
TAM Average Weekly Movement9.9%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.6%
10% most volatile stocks in AU Market16.9%
10% least volatile stocks in AU Market4.3%

Stable Share Price: TAM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TAM's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/an/ahttps://www.tanami.com.au

Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. The company’s flagship project is the Central Tanami Project located in the Tanami Desert in the Northern Territory. Tanami Gold NL was incorporated in 1968 and is based in South Perth, Australia.

Tanami Gold Fundamentals Summary

How do Tanami Gold's earnings and revenue compare to its market cap?
TAM fundamental statistics
Market CapAU$52.88m
Earnings (TTM)AU$9.27m
Revenue (TTM)n/a

5.7x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAM income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other Expenses-AU$9.27m
EarningsAU$9.27m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0079
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did TAM perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TAM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TAM?

Other financial metrics that can be useful for relative valuation.

TAM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does TAM's PE Ratio compare to its peers?

TAM PE Ratio vs Peers
The above table shows the PE ratio for TAM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.1x
HRZ Horizon Minerals
10.3xn/aAU$42.9m
BNR Bulletin Resources
7.9xn/aAU$38.0m
RND Rand Mining
8xn/aAU$85.3m
BCN Beacon Minerals
6.1xn/aAU$90.2m
TAM Tanami Gold
5.7xn/aAU$52.9m

Price-To-Earnings vs Peers: TAM is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (8.1x).


Price to Earnings Ratio vs Industry

How does TAM's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Earnings vs Industry: TAM is good value based on its Price-To-Earnings Ratio (5.7x) compared to the Australian Metals and Mining industry average (8.5x)


Price to Earnings Ratio vs Fair Ratio

What is TAM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TAM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TAM's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TAM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate TAM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TAM's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Tanami Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-5.0%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tanami Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine Tanami Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Tanami Gold competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Tanami Gold performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TAM has a high level of non-cash earnings.

Growing Profit Margin: Insufficient data to determine if TAM's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: TAM has become profitable over the past 5 years, growing earnings by 13.2% per year.

Accelerating Growth: TAM's earnings growth over the past year (16164.9%) exceeds its 5-year average (13.2% per year).

Earnings vs Industry: TAM earnings growth over the past year (16164.9%) exceeded the Metals and Mining industry 33.8%.


Return on Equity

High ROE: TAM's Return on Equity (16.3%) is considered low.


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Financial Health

How is Tanami Gold's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TAM's short term assets (A$43.3M) exceed its short term liabilities (A$389.0K).

Long Term Liabilities: TAM's short term assets (A$43.3M) exceed its long term liabilities (A$3.4M).


Debt to Equity History and Analysis

Debt Level: TAM is debt free.

Reducing Debt: TAM had no debt 5 years ago.

Debt Coverage: TAM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TAM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Tanami Gold current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TAM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TAM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TAM's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TAM has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

10.2yrs

Average board tenure


CEO

Tanami Gold has no CEO, or we have no data on them.


Board Members

Experienced Board: TAM's board of directors are seasoned and experienced ( 10.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

ASX:TAM Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Mar 22BuyAU$20,561Brett SmithIndividual348,484AU$0.059

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 15 shareholders own 57.18% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
43.39%
APAC Resources Limited
509,851,522A$22.9m0%no data
3.83%
Perth Select Seafoods Pty Ltd
45,000,000A$2.0m0%no data
2.96%
Jemaya Pty Ltd
34,831,690A$1.6m0%no data
1.28%
Gerise Pty Ltd
15,000,000A$675.0k0%no data
0.94%
Gary Comb
11,000,000A$495.0k0%no data
0.91%
Geoffrey Coultas
10,750,000A$483.8k0%no data
0.78%
Johnston Ross
9,200,000A$414.0k0%no data
0.7%
Yandal Investments Pty Ltd
8,250,001A$371.3k0%no data
0.61%
Mammalia Ltd
7,151,251A$321.8k0%no data
0.48%
Cen Pty Ltd
5,600,000A$252.0k0%no data
0.45%
Silton Pty. Limited
5,300,000A$238.5k0%no data
0.3%
K. Allister
3,500,000A$157.5k0%no data
0.3%
R. Allister
3,500,000A$157.5k0%no data
0.21%
Gerard Joseph McMahon
2,500,000A$112.5k0%no data
0.038%
Brett Smith
448,484A$20.2k0%no data

Company Information

Tanami Gold NL's employee growth, exchange listings and data sources


Key Information

  • Name: Tanami Gold NL
  • Ticker: TAM
  • Exchange: ASX
  • Founded: 1968
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: AU$52.879m
  • Shares outstanding: 1.18b
  • Website: https://www.tanami.com.au

Location

  • Tanami Gold NL
  • 39 Mends Street
  • Unit 202
  • South Perth
  • Western Australia
  • 6151
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TAMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
TQMDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
TAMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.