Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia.
Tanami Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.071|
|52 Week High||AU$0.064|
|52 Week Low||AU$0.099|
|1 Month Change||-4.05%|
|3 Month Change||-4.05%|
|1 Year Change||-5.33%|
|3 Year Change||136.67%|
|5 Year Change||-21.11%|
|Change since IPO||-98.69%|
Recent News & Updates
|TAM||AU Metals and Mining||AU Market|
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.
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
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
|TAM fundamental statistics|
Is TAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TAM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0011|
|Net Profit Margin||0.00%|
How did TAM perform over the long term?See historical performance and comparison
Is Tanami Gold undervalued compared to its fair value and its price relative to the market?
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).
How is Tanami Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Tanami Gold performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tanami Gold has no CEO, or we have no data on them.
Experienced Board: TAM's board of directors are considered experienced (8.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tanami Gold NL's employee growth, exchange listings and data sources
- 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
- Tanami Gold NL
- 39 Mends Street
- Unit 202
- South Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:05|
|End of Day Share Price||2021/10/15 00:00|
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.