TMS

Tennant MineralsASX:TMS Stock Report

Market Cap

AU$11.2m

7D

0%

1Y

n/a

Updated

20 Oct, 2021

Data

Company Financials
TMS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TMS Overview

Tennant Minerals NL engages in the exploration, development, and mining of minerals.

Price History & Performance

Summary of all time highs, changes and price drops for Tennant Minerals
Historical stock prices
Current Share PriceAU$0.024
52 Week HighAU$0.02
52 Week LowAU$0.04
Beta-0.60
1 Month Change9.09%
3 Month Change-17.24%
1 Year Changen/a
3 Year Change-52.00%
5 Year Change-52.00%
Change since IPO-99.87%

Recent News & Updates

Shareholder Returns

TMSAU Metals and MiningAU Market
7D0%3.6%1.7%
1Yn/a11.3%20.2%

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.

Price Volatility

Is TMS's price volatile compared to industry and market?
TMS volatility
TMS Beta-0.60
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
1999n/an/ahttps://www.Tennantminerals.com.au

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

How do Tennant Minerals's earnings and revenue compare to its market cap?
TMS fundamental statistics
Market CapAU$11.17m
Earnings (TTM)-AU$2.78m
Revenue (TTM)n/a

0x

P/S Ratio

-4.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TMS income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.78m
Earnings-AU$2.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.006
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TMS perform over the long term?

See historical performance and comparison

Valuation

Is Tennant Minerals undervalued compared to its fair value and its price relative to the market?

8.22x

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).


Future Growth

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

0.7%

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.


Past Performance

How has Tennant Minerals performed over the past 5 years?

-24.8%

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.


Financial Health

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.


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: 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.


Dividend

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.


Next Steps

  • Explore strong dividend paying companies in the Materials industry.

Management

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

1.6yrs

Average board tenure


CEO

Tennant Minerals has no CEO, or we have no data on them.


Board Members

Experienced Board: TMS's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 271.2%.


Top Shareholders

Company Information

Tennant Minerals NL's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Tennant Minerals NL
  • 247 Oxford Street
  • Level 1
  • West Leederville
  • Western Australia
  • 6007
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:23
End of Day Share Price2021/10/20 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.