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TAR

Taruga Minerals ASX:TAR Stock Report

Last Price

AU$0.022

Market Cap

AU$12.7m

7D

15.8%

1Y

-60.0%

Updated

07 Jul, 2022

Data

Company Financials
TAR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

TAR Stock Overview

Taruga Minerals Limited explores for mineral properties in Australia.

Taruga Minerals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Taruga Minerals
Historical stock prices
Current Share PriceAU$0.022
52 Week HighAU$0.061
52 Week LowAU$0.016
Beta1.95
1 Month Change-12.00%
3 Month Change-12.00%
1 Year Change-60.00%
3 Year Change-15.38%
5 Year Change-63.33%
Change since IPO-99.56%

Recent News & Updates

Jun 13
Estimating The Intrinsic Value Of Taruga Minerals Limited (ASX:TAR)

Estimating The Intrinsic Value Of Taruga Minerals Limited (ASX:TAR)

How far off is Taruga Minerals Limited ( ASX:TAR ) from its intrinsic value? Using the most recent financial data...

Shareholder Returns

TARAU Metals and MiningAU Market
7D15.8%-6.2%0.7%
1Y-60.0%-20.2%-11.4%

Return vs Industry: TAR underperformed the Australian Metals and Mining industry which returned -20.2% over the past year.

Return vs Market: TAR underperformed the Australian Market which returned -11.4% over the past year.

Price Volatility

Is TAR's price volatile compared to industry and market?
TAR volatility
TAR Average Weekly Movement18.0%
Metals and Mining Industry Average Movement11.8%
Market Average Movement10.2%
10% most volatile stocks in AU Market16.6%
10% least volatile stocks in AU Market4.5%

Stable Share Price: TAR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: TAR's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011n/aThomas Linehttps://tarugaminerals.com.au

Taruga Minerals Limited explores for mineral properties in Australia. It primarily explores for gold, copper, silver, lithium, cobalt, base, and precious metal deposits. The company holds 100% interests in the Torrens iron-oxide-copper-gold project, the Flinders project, and the Mt Craig Copper project situated in South Australia.

Taruga Minerals Fundamentals Summary

How do Taruga Minerals's earnings and revenue compare to its market cap?
TAR fundamental statistics
Market CapAU$12.72m
Earnings (TTM)-AU$578.48k
Revenue (TTM)AU$2.30k

0.0x

P/S Ratio

-22.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAR income statement (TTM)
RevenueAU$2.30k
Cost of Revenue-AU$919.34k
Gross ProfitAU$921.64k
Other ExpensesAU$1.50m
Earnings-AU$578.48k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.001
Gross Margin40,054.06%
Net Profit Margin-25,140.24%
Debt/Equity Ratio0.0%

How did TAR perform over the long term?

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

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

TAR 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/Revenue4898.2x
Enterprise Value/EBITDA-20.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does TAR's PS Ratio compare to its peers?

TAR PS Ratio vs Peers
The above table shows the PS ratio for TAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average334.4x
GUL Gullewa
2.1xn/aAU$11.3m
KWR Kingwest Resources
453.8xn/aAU$14.3m
DCX DiscovEx Resources
200xn/aAU$11.6m
YRL Yandal Resources
681.8xn/aAU$17.4m
TAR Taruga Minerals
n/an/aAU$12.7m

Price-To-Sales vs Peers: Insufficient data to calculate TAR's Price-To-Sales Ratio vs. peers for valuation analysis.


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: Insufficient data to calculate TAR's Price-To-Sales Ratio vs. industry for valuation analysis.


Price to Sales Ratio vs Fair Ratio

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

TAR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ration/a
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: TAR (A$0.02) is trading below our estimate of fair value (A$0.02)

Significantly Below Fair Value: TAR is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

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


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Future Growth

How is Taruga Minerals 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


-6.6%

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 Taruga Minerals 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 Taruga Minerals'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.
  • Taruga Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Taruga Minerals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TAR is currently unprofitable.

Growing Profit Margin: TAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TAR is unprofitable, but has reduced losses over the past 5 years at a rate of 16.6% per year.

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

Earnings vs Industry: TAR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.3%).


Return on Equity

High ROE: TAR has a negative Return on Equity (-6.41%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Taruga Minerals's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TAR's short term assets (A$1.5M) exceed its short term liabilities (A$223.8K).

Long Term Liabilities: TAR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAR is debt free.

Reducing Debt: TAR has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TAR has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: Insufficient data to determine if TAR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Taruga Minerals's 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 TAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TAR'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 TAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TAR'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 TAR has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Thomas Line

2yrs

Tenure

AU$295,650

Compensation

Mr. Thomas Line serves as the Chief Executive Officer of Taruga Minerals Ltd since July 2020. He has been working as the Project Manager for Taruga in leading the exploration program on the Flinders projec...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD200.28K) is about average for companies of similar size in the Australian market ($USD279.82K).

Compensation vs Earnings: Insufficient data to compare Thomas's compensation with company performance.


Leadership Team

Experienced Management: TAR's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: TAR's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: TAR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.


Top Shareholders

Company Information

Taruga Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Taruga Minerals Limited
  • Ticker: TAR
  • Exchange: ASX
  • Founded: 2011
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: AU$12.717m
  • Shares outstanding: 578.05m
  • Website: https://tarugaminerals.com.au

Location

  • Taruga Minerals Limited
  • 99 St Georges Terrace
  • Level 8
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/07 00:00
End of Day Share Price2022/07/06 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.