company background image
TKL

Traka ResourcesASX:TKL Stock Report

Market Cap

AU$8.1m

7D

-7.1%

1Y

-38.1%

Updated

24 Sep, 2021

Data

Company Financials
TKL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

TKL Overview

Traka Resources Limited engages in the exploration of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Traka Resources
Historical stock prices
Current Share PriceAU$0.013
52 Week HighAU$0.013
52 Week LowAU$0.039
Beta2.29
1 Month Change-7.14%
3 Month Change-23.53%
1 Year Change-38.10%
3 Year Change-63.89%
5 Year Change-48.00%
Change since IPO-94.80%

Recent News & Updates

Shareholder Returns

TKLAU Metals and MiningAU Market
7D-7.1%-1.5%-0.5%
1Y-38.1%11.5%24.9%

Return vs Industry: TKL underperformed the Australian Metals and Mining industry which returned 11.5% over the past year.

Return vs Market: TKL underperformed the Australian Market which returned 24.9% over the past year.

Price Volatility

Is TKL's price volatile compared to industry and market?
TKL volatility
TKL Beta2.29
Industry Beta0.93
Market Beta1

Stable Share Price: TKL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TKL's weekly volatility has decreased from 18% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aPatrick Verbeekhttps://www.trakaresources.com.au

Traka Resources Limited engages in the exploration of mineral properties. It primarily holds 100% interest in the Gorge Creek project located in Queensland. The company also has interests in the Musgraves and the Mt Cattlin Gold projects in Western Australia.

Traka Resources Fundamentals Summary

How do Traka Resources's earnings and revenue compare to its market cap?
TKL fundamental statistics
Market CapAU$8.09m
Earnings (TTM)-AU$1.71m
Revenue (TTM)AU$3.22k

0x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TKL income statement (TTM)
RevenueAU$3.22k
Cost of RevenueAU$0
Gross ProfitAU$3.22k
ExpensesAU$1.71m
Earnings-AU$1.71m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0027
Gross Margin100.00%
Net Profit Margin-52,991.24%
Debt/Equity Ratio0.0%

How did TKL perform over the long term?

See historical performance and comparison

Valuation

Is Traka Resources undervalued compared to its fair value and its price relative to the market?

15.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TKL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TKL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TKL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: TKL 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 TKL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TKL is overvalued based on its PB Ratio (15.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Traka Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.6%

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 Traka 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.


Past Performance

How has Traka Resources performed over the past 5 years?

-1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TKL is currently unprofitable.

Growing Profit Margin: TKL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TKL is unprofitable, and losses have increased over the past 5 years at a rate of 1.7% per year.

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

Earnings vs Industry: TKL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (44.4%).


Return on Equity

High ROE: TKL has a negative Return on Equity (-333.58%), as it is currently unprofitable.


Financial Health

How is Traka Resources's financial position?


Financial Position Analysis

Short Term Liabilities: TKL's short term assets (A$633.0K) exceed its short term liabilities (A$124.0K).

Long Term Liabilities: TKL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TKL is debt free.

Reducing Debt: TKL 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: TKL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TKL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.5% each year


Dividend

What is Traka Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TKL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if TKL'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 TKL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

18.7yrs

Average board tenure


CEO

Patrick Verbeek

no data

Tenure

AU$227,500

Compensation

Mr. Patrick Andrew Verbeek, BSc. MAusIMM is a Co-Founder of Traka Resources Limited and serves as its Managing Director and Director. Mr. Verbeek is a geologist with experience in the resource industry in...


CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD165.96K) is below average for companies of similar size in the Australian market ($USD282.71K).

Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: TKL's board of directors are seasoned and experienced ( 18.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: TKL 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 35%.


Top Shareholders

Company Information

Traka Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Traka Resources Limited
  • Ticker: TKL
  • Exchange: ASX
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$8.087m
  • Shares outstanding: 622.11m
  • Website: https://www.trakaresources.com.au

Location

  • Traka Resources Limited
  • 43 Ventnor Avenue
  • Suite 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:35
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
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.