Tietto Minerals Future Growth

Future criteria checks 6/6

Tietto Minerals is forecast to grow earnings and revenue by 61.2% and 38.4% per annum respectively. EPS is expected to grow by 61.3% per annum. Return on equity is forecast to be 35% in 3 years.

Key information

61.2%

Earnings growth rate

61.3%

EPS growth rate

Metals and Mining earnings growth	10.6%
Revenue growth rate	38.4%
Future return on equity	35.0%
Analyst coverage	Low
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

How Many Tietto Minerals Limited (ASX:TIE) Shares Did Insiders Buy, In The Last Year?

Feb 22

Is Tietto Minerals Limited (ASX:TIE) Popular Amongst Insiders?

Dec 30

Earnings and Revenue Growth Forecasts

ASX:TIE - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	935	305	424	454	1
12/31/2025	541	159	54	243	1
12/31/2024	467	136	152	181	1
12/31/2023	256	5	-26	51	N/A
12/31/2022	N/A	-33	-224	-58	N/A
9/30/2022	N/A	-44	-188	-27	N/A
6/30/2022	N/A	-46	-155	-20	N/A
3/31/2022	N/A	-39	-106	-24	N/A
12/31/2021	N/A	-31	-57	-28	N/A
9/30/2021	N/A	-26	-39	-24	N/A
6/30/2021	N/A	-20	-22	-19	N/A
3/31/2021	N/A	-18	-19	-16	N/A
12/31/2020	N/A	-17	-15	-13	N/A
9/30/2020	N/A	-15	-12	-11	N/A
6/30/2020	N/A	-12	-10	-9	N/A
3/31/2020	N/A	-11	-8	-8	N/A
12/31/2019	N/A	-10	-6	-6	N/A
9/30/2019	N/A	-10	-6	-6	N/A
6/30/2019	N/A	-10	-5	-5	N/A
3/31/2019	N/A	-8	-6	-6	N/A
12/31/2018	N/A	-7	-7	-6	N/A
9/30/2018	N/A	-6	-6	-6	N/A
6/30/2018	N/A	-6	-6	-6	N/A
3/31/2018	N/A	-5	-4	-4	N/A
12/31/2017	N/A	-4	-3	-3	N/A
9/30/2017	N/A	-3	N/A	-3	N/A
6/30/2017	N/A	-1	N/A	-2	N/A
6/30/2016	0	-2	N/A	-2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TIE's forecast earnings growth (61.2% per year) is above the savings rate (2.3%).

Earnings vs Market: TIE's earnings (61.2% per year) are forecast to grow faster than the Australian market (13% per year).

High Growth Earnings: TIE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TIE's revenue (38.4% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: TIE's revenue (38.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TIE's Return on Equity is forecast to be high in 3 years time (35%)

Tietto Minerals Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 33%

Price target increased by 13% to AU$0.90

Forecast breakeven date pushed back to 2024

Price target decreased by 50% to AU$0.40

Tietto Minerals Limited Provides Production Guidance for the Six Months from 1 July 2023 to 31 December 2023

Forecast to breakeven in 2023

Recent updates

Tietto Minerals Shares to Be Removed from ASX At Trading Close on 6 June

Sparky International Company Limited completed the acquisition of 90.72% stake in Tietto Minerals Limited (ASX:TIE) from Chijin International (HK) Limited and others.

Non-Executive Chairman recently sold AU$9.8m worth of stock

Managing Director exercised options to buy AU$3.1m worth of stock.

Consensus EPS estimates increase by 33%

Price target increased by 13% to AU$0.90

Tietto Minerals Limited, Annual General Meeting, May 24, 2024

Forecast breakeven date pushed back to 2024

Less than half of directors are independent

Sparky International Company Limited cancelled the acquisition of 92% stake in Tietto Minerals Limited (ASX:TIE) from Chijin International (HK) Limited and others.

Sparky International Company Limited made an offer to acquire 92% stake in Tietto Minerals Limited (ASX:TIE) from Chijin International (HK) Limited and others for AUD630 million.

New minor risk - Share price stability

New minor risk - Shareholder dilution

Tietto Minerals Limited Appoints Sabina Shugg AM to the Board of Directors

Tietto Minerals Limited Appoints Sabina Shugg AM to the Board of Directors

Price target decreased by 50% to AU$0.40

New major risk - Revenue and earnings growth

New minor risk - Insider selling

Non-Executive Chairman recently sold AU$374k worth of stock

Tietto Minerals Limited Provides Production Guidance for the Six Months from 1 July 2023 to 31 December 2023

COO & Executive Director recently bought AU$155k worth of stock

Forecast to breakeven in 2023

Board Member exercised options to buy AU$805k worth of stock.

Tietto Minerals Limited Pours First Gold at Abujar

Tietto Commences Wet Commissioning at Abujar

Tietto Minerals Limited Confirms Potential to Develop A Second Gold Mine At Abujar

Tietto Minerals Limited Hits 184.55 g/t Gold at South Gamina at Abujar

Tietto Minerals Limited Provides the First Project Commissioning Update for its Fully Funded 3.45Moz Abujar Gold Project in Côte D'ivoire, West Africa

Tietto Minerals Limited Provides Update on its Resources Drilling at 3.45Moz Abujar Project in Côte d'Ivoire, West Africa

Less than half of directors are independent

Tietto Minerals Limited Updates Relating to High-Grade Gold Intercepts At the Abujar Gold Project

Tietto Minerals Limited Provides Project Construction Update for Its Fully Funded 3.45Moz Abujar Gold Project

Tietto Infill Drilling Hits 174.9 G/T Gold At Abujar Ag Core

Tietto Minerals Limited Appoints Shaddrack Adjetey Sowah as Non- Executive Director

Tietto Minerals Limited Provides Abujar Gold Project October Construction Update

Tietto Minerals Limited, Annual General Meeting, Nov 22, 2022

Tietto Minerals Limited Report Further Highgrade Gold Results from Stepout Drilling Completed Along the Abujar Main Shear

Tietto Minerals Limited Provides Project Construction Update for Its Fully Funded Abujar Gold Project

Tietto Minerals Limited Provides Abujar Gold Project August Construction Update

Price target decreased to AU$0.65

Tietto Minerals Limited Reports Further Highgrade Gold Results from Infill Drilling At AG Core

Tietto Hits Up to 144.34g/t Gold in AG Core Infill Drilling

We're Keeping An Eye On Tietto Minerals' (ASX:TIE) Cash Burn Rate

Tietto Minerals Limited Provides Project Construction Update on its Abujar Gold Project

Tietto Minerals Limited Hits Up to 63.85g/t Au in AG South Infill Drilling

Tietto Minerals Limited Hits 131.3g/t Au within 5m @ 40.14g/t Au at Abujar

Tietto Minerals Limited Reports Step-Out Drilling Extends Gold Mineralisation by 4,600M

Tietto Minerals Limited Reports Further High-Grade Gold Results from Infill Drilling Completed At AG Core

Tietto Minerals Limited Announces Abujar Gold Project June Construction Update

Tietto Minerals Limited Reports Highgrade Gold Results from Infill Drilling Completed At AG Core and AG South

Tietto Minerals Limited Hits 55.13G/t Gold from Infill Drilling At AG South

Price target increased to AU$0.90

Less than half of directors are independent

Tietto Minerals Limited Provides Abujar Gold Project April Construction Update

Tietto Minerals Limited Delivers Maiden Measured Gold Resource at Abujar

Tietto Minerals Limited Announces the Appointment of Ting Xu as Chief Financial Officer

Tietto Minerals Limited Reports Completion of Bonanzagrade Gold Results from Infill Drilling and Highgrade Gold Results from Exploration Drilling at its Abujar Gold Project in Côte d'Ivoire, West Africa

Non-Executive Chairman exercised options and sold AU$855k worth of stock

Tietto Minerals Limited Provides Abujar Gold Project February Construction Update

Tietto Minerals Limited Reports Further High-Grade Gold Results from Infill Drilling Completed At the Abujar-Gludehi Deposit

Tietto Minerals Limited Reports Highgrade Gold Results from Infill Drilling Completed at the Abujargludehi Deposit

Tietto Minerals Limited Hits 2,853G/T Au Within 25M @131G/T Au At Ag Core

Tietto Minerals Limited Reports Highgrade Gold Results from the Eighth Batch of Infill and Extensional Drilling Completed At the Abujargludehi Deposit At Abujar Gold Project in Côte D'ivoire, West Africa

Tietto Minerals Limited Provides A Project Development Update for Abujar Gold Project in Côte d'Ivoire, West Africa

Board Member exercised options to buy AU$1.6m worth of stock.

Non-Executive Chairman exercised options to buy AU$2.1m worth of stock.

Tietto Minerals Limited Hits 152.24 g/t Au Within 3m @ 79.78 g/t gold 3 km from AG Core

Tietto Minerals Limited Provides Project Development Update for its 3.35Moz Abujar Gold Project in Côte D'ivoire, West Africa

Executive Director exercised options to buy AU$683k worth of stock.