TAS Stock Overview
Tasman Resources Ltd engages in the exploration of mineral properties in Australia.
Tasman Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.013|
|52 Week High||AU$0.041|
|52 Week Low||AU$0.011|
|1 Month Change||-40.91%|
|3 Month Change||-35.00%|
|1 Year Change||-58.07%|
|3 Year Change||-75.93%|
|5 Year Change||-93.50%|
|Change since IPO||-92.97%|
Recent News & Updates
Is Tasman Resources (ASX:TAS) Weighed On By Its Debt Load?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|TAS||AU Metals and Mining||AU Market|
Return vs Industry: TAS underperformed the Australian Metals and Mining industry which returned -13.6% over the past year.
Return vs Market: TAS underperformed the Australian Market which returned -11.9% over the past year.
|TAS Average Weekly Movement||17.3%|
|Metals and Mining Industry Average Movement||11.5%|
|Market Average Movement||9.8%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.4%|
Stable Share Price: TAS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: TAS's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Tasman Resources Ltd engages in the exploration of mineral properties in Australia. It explores for precious and base metals, including gold, silver, copper, zinc, lead, nickel, and uranium, as well as iron-oxide. The company holds a 100% interest in Lake Torrens and Pernatty projects located in South Australia.
Tasman Resources Fundamentals Summary
|TAS fundamental statistics|
Is TAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TAS income statement (TTM)|
|Cost of Revenue||AU$1.17m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0059|
|Net Profit Margin||-87.60%|
How did TAS perform over the long term?See historical performance and comparison
Is TAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TAS?
Other financial metrics that can be useful for relative valuation.
|What is TAS's n/a Ratio?|
Price to Sales Ratio vs Peers
How does TAS's PS Ratio compare to its peers?
|TAS PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
CZL Consolidated Zinc
MBK Metal Bank
DAF Discovery Alaska
TAS Tasman Resources
Price-To-Sales vs Peers: TAS is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (523.1x).
Price to Earnings Ratio vs Industry
How does TAS's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Sales vs Industry: TAS is good value based on its Price-To-Sales Ratio (1.9x) compared to the Australian Metals and Mining industry average (35.1x)
Price to Sales Ratio vs Fair Ratio
What is TAS'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.
|Current PS Ratio||1.9x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate TAS's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate TAS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate TAS's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TAS's PEG Ratio to determine if it is good value.
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How is Tasman Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Tasman Resources 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.
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- Tasman Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Tasman Resources performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAS is currently unprofitable.
Growing Profit Margin: TAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TAS is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare TAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TAS 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: TAS has a negative Return on Equity (-18.85%), as it is currently unprofitable.
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How is Tasman Resources's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: TAS's short term assets (A$9.2M) exceed its short term liabilities (A$6.1M).
Long Term Liabilities: TAS's short term assets (A$9.2M) exceed its long term liabilities (A$19.9K).
Debt to Equity History and Analysis
Debt Level: TAS has more cash than its total debt.
Reducing Debt: TAS's debt to equity ratio has increased from 3.3% to 11.6% over the past 5 years.
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: TAS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TAS has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.8% each year.
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What is Tasman Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TAS'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 TAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TAS'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 TAS has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tasman Resources has no CEO, or we have no data on them.
Experienced Board: TAS's board of directors are seasoned and experienced ( 19.2 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tasman Resources Ltd's employee growth, exchange listings and data sources
- Name: Tasman Resources Ltd
- Ticker: TAS
- Exchange: ASX
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$7.383m
- Shares outstanding: 671.15m
- Website: https://www.tasmanresources.com.au
- Tasman Resources Ltd
- 197 St George’s Terrace
- Level 15
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/01 00:00|
|End of Day Share Price||2022/07/01 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.