TechGen Metals Ltd engages in the mining and exploration of mineral resources in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.22|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.38|
|1 Month Change||12.82%|
|3 Month Change||12.82%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-24.14%|
Recent News & Updates
|TG1||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how TG1 performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how TG1 performed against the Australian Market.
Stable Share Price: TG1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TG1's weekly volatility (11%) has been stable over the past year.
About the Company
TechGen Metals Ltd engages in the mining and exploration of mineral resources in Western Australia. The company primarily explores for gold and copper deposits. It owns 100% interests in seven projects, including the Ida Valley, El Donna, Blue Rock Valley, Station Creek, Mt Boggola, Harbutt Range, and North Nifty projects located in the Yilgarn Craton, Ashburton Basin, and Paterson Orogen regions of Western Australia.
TechGen Metals Fundamentals Summary
|TG1 fundamental statistics|
Is TG1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TG1 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.041|
|Net Profit Margin||0.00%|
How did TG1 perform over the long term?See historical performance and comparison
Is TechGen Metals 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 TG1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TG1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TG1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: TG1 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 TG1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TG1 is good value based on its PB Ratio (2x) compared to the AU Metals and Mining industry average (2.6x).
How is TechGen Metals 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 TechGen Metals 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 TechGen Metals performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: TG1 is currently unprofitable.
Growing Profit Margin: TG1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TG1's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare TG1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TG1 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: TG1 has a negative Return on Equity (-36.57%), as it is currently unprofitable.
How is TechGen Metals's financial position?
Financial Position Analysis
Short Term Liabilities: TG1's short term assets (A$4.5M) exceed its short term liabilities (A$31.0K).
Long Term Liabilities: TG1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TG1 is debt free.
Reducing Debt: TG1 has not had any debt for 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: TG1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TG1 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 37.1% each year.
What is TechGen Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TG1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TG1'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 TG1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TG1'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 TG1'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. Ashley Keith Hood, BBus Masters Earth Science, serves as Chief Operations Officer of Mallee Gold Corporation Ltd and Proto Resources and Investments Limited. He had been Independent Non-Executive Direc...
Experienced Board: TG1's board of directors are not considered experienced ( 1.3 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: TG1 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: TG1 only recently listed within the past 12 months.
TechGen Metals Ltd's employee growth, exchange listings and data sources
- Name: TechGen Metals Ltd
- Ticker: TG1
- Exchange: ASX
- Founded: 2018
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$11.558m
- Shares outstanding: 52.54m
- Website: https://techgenmetals.com.au
- TechGen Metals Ltd
- AMP Tower
- Level 28
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:38|
|End of Day Share Price||2021/10/18 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.