Turaco Gold Limited engages in the acquisition, exploration, evaluation, and development of gold properties in Cote d’Ivoire.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.15|
|52 Week High||AU$0.04|
|52 Week Low||AU$0.15|
|1 Month Change||36.36%|
|3 Month Change||50.00%|
|1 Year Change||150.00%|
|3 Year Change||275.00%|
|5 Year Change||275.00%|
|Change since IPO||-92.50%|
Recent News & Updates
Manas Resources Limited (ASX:MSR) Insiders Increased Their Holdings
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
|TCG||AU Metals and Mining||AU Market|
Return vs Industry: TCG exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: TCG exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: TCG is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: TCG's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Turaco Gold Limited engages in the acquisition, exploration, evaluation, and development of gold properties in Cote d’Ivoire. The company holds 89% interest in the Boundiali gold project that covers an area of 572km2 located on the Oume-Fetekro belt; 89% interest in the Ferke gold project covering an area of 300km2; and 100% interest in the Tongon North gold project that comprises 800km2 located in Cote d’Ivoire. It also holds interest in various properties.
Turaco Gold Fundamentals Summary
|TCG fundamental statistics|
Is TCG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TCG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.013|
|Net Profit Margin||0.00%|
How did TCG perform over the long term?See historical performance and comparison
Is Turaco 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 TCG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TCG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TCG is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: TCG 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 TCG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TCG is overvalued based on its PB Ratio (6.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Turaco 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 Turaco 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 Turaco Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCG is currently unprofitable.
Growing Profit Margin: TCG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TCG is unprofitable, but has reduced losses over the past 5 years at a rate of 13.6% per year.
Accelerating Growth: Unable to compare TCG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TCG 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: TCG has a negative Return on Equity (-57.21%), as it is currently unprofitable.
How is Turaco Gold's financial position?
Financial Position Analysis
Short Term Liabilities: TCG's short term assets (A$7.2M) exceed its short term liabilities (A$128.8K).
Long Term Liabilities: TCG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TCG is debt free.
Reducing Debt: TCG had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TCG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TCG has sufficient cash runway for 3 years if free cash flow continues to grow at historical rates of 14.2% each year.
What is Turaco Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TCG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TCG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TCG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Justin Albert Tremain, B.Com., serves as Managing Director, CEO and Director at Turaco Gold Limited (formerly known as Manas Resources Limited) since December 1, 2020. He serves as Director at Future M...
CEO Compensation Analysis
Compensation vs Market: Justin's total compensation ($USD213.60K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare Justin's compensation with company performance.
Experienced Board: TCG's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 27.6%.
Turaco Gold Limited's employee growth, exchange listings and data sources
- Name: Turaco Gold Limited
- Ticker: TCG
- Exchange: ASX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: AU$50.602m
- Shares outstanding: 337.34m
- Website: https://www.turacogold.com.au
Number of Employees
- Turaco Gold Limited
- 389 Oxford Street
- Level 2
- Mount Hawthorn
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:52|
|End of Day Share Price||2021/10/25 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.