Trigg Mining Limited operates as an exploration company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.084|
|52 Week High||AU$0.076|
|52 Week Low||AU$0.19|
|1 Month Change||-23.64%|
|3 Month Change||-6.67%|
|1 Year Change||-42.07%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-40.00%|
Recent News & Updates
Trigg Mining Limited (ASX:TMG) 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...
|TMG||AU Chemicals||AU Market|
Return vs Industry: TMG underperformed the Australian Chemicals industry which returned 17.9% over the past year.
Return vs Market: TMG underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: TMG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TMG's weekly volatility (11%) has been stable over the past year.
About the Company
Trigg Mining Limited operates as an exploration company in Australia. The company is involved in exploring and evaluating sulphate of potash projects for use in agricultural production and human nutrition for chloride sensitive crops, such as avocados, berries, coffee, cocoa, flowers, and other crops grown under glass, as well as for fruits and vegetables. Its flagship project is the Lake Throssell project, which covers an area of approximately 1080 square kilometers located near Laverton, Western Australia.
Trigg Mining Fundamentals Summary
|TMG fundamental statistics|
Is TMG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TMG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.03|
|Net Profit Margin||0.00%|
How did TMG perform over the long term?See historical performance and comparison
Is Trigg Mining 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 TMG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TMG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TMG is unprofitable, so we can't compare its PE Ratio to the Australian Chemicals industry average.
PE vs Market: TMG 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 TMG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TMG is good value based on its PB Ratio (2.4x) compared to the AU Chemicals industry average (3.9x).
How is Trigg Mining 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 Trigg Mining 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 Trigg Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TMG is currently unprofitable.
Growing Profit Margin: TMG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TMG is unprofitable, and losses have increased over the past 5 years at a rate of 24.4% per year.
Accelerating Growth: Unable to compare TMG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TMG is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).
Return on Equity
High ROE: TMG has a negative Return on Equity (-84.26%), as it is currently unprofitable.
How is Trigg Mining's financial position?
Financial Position Analysis
Short Term Liabilities: TMG's short term assets (A$4.4M) exceed its short term liabilities (A$341.7K).
Long Term Liabilities: TMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMG is debt free.
Reducing Debt: TMG 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: TMG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TMG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.5% each year
What is Trigg Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TMG'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 TMG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TMG'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 TMG'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 management tenure
Keren Paterson (45 yo)
Ms. Keren Jane Paterson, BEng (Mining), MBA (Economics), AdvDip (Corporate Governance), FAusIMM, MAICD, serves as Managing Director and Chief Executive Officer of Trigg Mining Ltd. since February 26, 2014...
CEO Compensation Analysis
Compensation vs Market: Keren's total compensation ($USD234.74K) is about average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Keren's compensation has been consistent with company performance over the past year.
Experienced Management: TMG's management team is considered experienced (3.3 years average tenure).
Experienced Board: TMG's board of directors are considered experienced (4.4 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 been diluted in the past year, with total shares outstanding growing by 47%.
Trigg Mining Limited's employee growth, exchange listings and data sources
- Name: Trigg Mining Limited
- Ticker: TMG
- Exchange: ASX
- Founded: 2014
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: AU$9.798m
- Shares outstanding: 116.64m
- Website: https://www.triggmining.com.au
- Trigg Mining Limited
- Office E, 1139 Hay Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:30|
|End of Day Share Price||2021/10/26 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.