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TAM

Tanami GoldASX:TAM Stock Report

Market Cap

AU$83.4m

7D

-1.4%

1Y

-5.3%

Updated

17 Oct, 2021

Data

Company Financials
TAM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TAM Overview

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

Tanami Gold Competitors

Silver Lake Resources

ASX:SLR

AU$1.5b

Alkane Resources

ASX:ALK

AU$568.8m

Kingsgate Consolidated

ASX:KCN

AU$371.8m

Medusa Mining

ASX:MML

AU$156.9m

Price History & Performance

Summary of all time highs, changes and price drops for Tanami Gold
Historical stock prices
Current Share PriceAU$0.071
52 Week HighAU$0.064
52 Week LowAU$0.099
Beta-0.014
1 Month Change-4.05%
3 Month Change-4.05%
1 Year Change-5.33%
3 Year Change136.67%
5 Year Change-21.11%
Change since IPO-98.69%

Recent News & Updates

Shareholder Returns

TAMAU Metals and MiningAU Market
7D-1.4%4.3%0.9%
1Y-5.3%12.2%20.2%

Return vs Industry: TAM underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: TAM underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is TAM's price volatile compared to industry and market?
TAM volatility
TAM Beta-0.014
Industry Beta0.97
Market Beta1

Stable Share Price: TAM is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TAM's weekly volatility (6%) 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$83.43m
Earnings (TTM)-AU$1.33m
Revenue (TTM)n/a

0x

P/S Ratio

-62.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAM income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.33m
Earnings-AU$1.33m

Valuation

Is Tanami Gold undervalued compared to its fair value and its price relative to the market?

1.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TAM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TAM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TAM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: TAM is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TAM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TAM is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.3%

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.


Past Performance

How has Tanami Gold performed over the past 5 years?

-13.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAM is currently unprofitable.

Growing Profit Margin: TAM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TAM is unprofitable, and losses have increased over the past 5 years at a rate of 13.3% per year.

Accelerating Growth: Unable to compare TAM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TAM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: TAM has a negative Return on Equity (-2.85%), as it is currently unprofitable.


Financial Health

How is Tanami Gold's financial position?


Financial Position Analysis

Short Term Liabilities: TAM's short term assets (A$35.3M) exceed its short term liabilities (A$157.0K).

Long Term Liabilities: TAM's short term assets (A$35.3M) exceed its long term liabilities (A$1.7M).


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


Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TAM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

8.5yrs

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 considered experienced (8.5 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.


Ownership Breakdown

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


Top Shareholders

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
  • Market Cap: AU$83.432m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.