Tennant Minerals NL engages in the exploration, development, and mining of minerals.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.024|
|52 Week High||AU$0.02|
|52 Week Low||AU$0.04|
|1 Month Change||9.09%|
|3 Month Change||-17.24%|
|1 Year Change||n/a|
|3 Year Change||-52.00%|
|5 Year Change||-52.00%|
|Change since IPO||-99.87%|
Recent News & Updates
|TMS||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how TMS performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how TMS performed against the Australian Market.
Stable Share Price: TMS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine TMS's volatility change over the past year.
About the Company
Tennant Minerals NL engages in the exploration, development, and mining of minerals. It holds a 100% interest in the Barkly gold-copper project that comprises two exploration licenses, EL 28620 and EL 30701 located in the Northern Territory, Australia. The company was formerly known as Blina Minerals NL and changed its name to Tennant Minerals NL in March 2021.
Tennant Minerals Fundamentals Summary
|TMS fundamental statistics|
Is TMS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TMS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.006|
|Net Profit Margin||0.00%|
How did TMS perform over the long term?See historical performance and comparison
Is Tennant Minerals 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 TMS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TMS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TMS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: TMS 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 TMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TMS is overvalued based on its PB Ratio (8.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Tennant Minerals 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 Tennant Minerals 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 Tennant Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TMS is currently unprofitable.
Growing Profit Margin: TMS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TMS is unprofitable, and losses have increased over the past 5 years at a rate of 24.8% per year.
Accelerating Growth: Unable to compare TMS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TMS 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: TMS has a negative Return on Equity (-204.09%), as it is currently unprofitable.
How is Tennant Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: TMS's short term assets (A$1.5M) exceed its short term liabilities (A$136.7K).
Long Term Liabilities: TMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMS is debt free.
Reducing Debt: TMS 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: TMS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TMS has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 0.2% each year.
What is Tennant Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TMS'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 TMS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TMS'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 TMS'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
Tennant Minerals has no CEO, or we have no data on them.
Experienced Board: TMS's board of directors are not considered experienced ( 1.6 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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 271.2%.
Tennant Minerals NL's employee growth, exchange listings and data sources
- Name: Tennant Minerals NL
- Ticker: TMS
- Exchange: ASX
- Founded: 1999
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: AU$11.169m
- Shares outstanding: 465.38m
- Website: https://www.Tennantminerals.com.au
- Tennant Minerals NL
- 247 Oxford Street
- Level 1
- West Leederville
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:23|
|End of Day Share Price||2021/10/20 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.