Thomson Resources (ASX:TMZ) - Stock Price, News & Analysis

TMZ Stock Overview

Thomson Resources Ltd engages in the discovery, exploration, delineation, and development of base and precious metals in Australia.

About the company

TMZ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 74% per year over past 5 years

Does not have a meaningful market cap (A$4M)

Makes less than USD$1m in revenue (A$290K)

Shares are highly illiquid

+ 2 more risks

Thomson Resources Ltd Competitors

Kingfisher Mining

ASX:KFM

AU$4.3m

Canterbury Resources

ASX:CBY

AU$5.0m

West Cobar Metals

ASX:WC1

AU$5.1m

Albion Resources

ASX:ALB

AU$3.7m

Price History & Performance

Summary of all time highs, changes and price drops for Thomson Resources
Historical stock prices
Current Share Price	AU$0.005
52 Week High	AU$0.031
52 Week Low	AU$0.004
Beta	2.09
1 Month Change	0%
3 Month Change	0%
1 Year Change	-82.76%
3 Year Change	-72.22%
5 Year Change	-87.80%
Change since IPO	-98.00%

Recent updates

Shareholder Returns

	TMZ	AU Metals and Mining	AU Market
7D	0%	-2.7%	-3.0%
1Y	-82.8%	-4.4%	3.9%

Return vs Industry: TMZ underperformed the Australian Metals and Mining industry which returned -4% over the past year.

Return vs Market: TMZ underperformed the Australian Market which returned -0.5% over the past year.

Price Volatility

Is TMZ's price volatile compared to industry and market?
TMZ volatility
TMZ Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: TMZ has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine TMZ's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2009	n/a	n/a	www.thomsonresources.com.au

Thomson Resources Ltd engages in the discovery, exploration, delineation, and development of base and precious metals in Australia. It primarily explores for gold, tin, copper, lead, zinc, and silver deposits. The company holds a portfolio of projects located in New South Wales and Queensland.

Thomson Resources Ltd Fundamentals Summary

How do Thomson Resources's earnings and revenue compare to its market cap?
TMZ fundamental statistics
Market cap	AU$4.35m
Earnings (TTM)	-AU$16.51m
Revenue (TTM)	AU$289.82k

15.0x

P/S Ratio

-0.3x

P/E Ratio

Is TMZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TMZ income statement (TTM)
Revenue	AU$289.82k
Cost of Revenue	AU$0
Gross Profit	AU$289.82k
Other Expenses	AU$16.80m
Earnings	-AU$16.51m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.019
Gross Margin	100.00%
Net Profit Margin	-5,696.67%
Debt/Equity Ratio	0%

How did TMZ perform over the long term?

See historical performance and comparison

TMZ Stock Overview

Rewards

Risk Analysis

Thomson Resources Ltd Competitors

ASX:KFM

AU$4.3m

ASX:CBY

AU$5.0m

ASX:WC1

AU$5.1m

ASX:ALB

AU$3.7m

Price History & Performance

Recent News & Updates

Thomson Resources Appoints Kevin Lynn as Director, Company Secretary

Thomson Resources Ltd Announces Appointment of Michael Povey as Non-Executive Director

Thomson Resources Ltd Appoints James Fox as Non-Executive Director

First half 2023 earnings released: AU$0.019 loss per share (vs AU$0.003 loss in 1H 2022)

Thomson Resources Ltd Announces New Outstanding Tin Results from Diamond Drilling At Bygoo

Warwick Gold Holdings Pty Ltd entered into a binding agreement to acquire Texas Project from Thomson Resources Ltd (ASX:TMZ) for AUD 3.5 million.

Recent updates

Thomson Resources Appoints Kevin Lynn as Director, Company Secretary

Thomson Resources Ltd Announces Appointment of Michael Povey as Non-Executive Director

Thomson Resources Ltd Appoints James Fox as Non-Executive Director

First half 2023 earnings released: AU$0.019 loss per share (vs AU$0.003 loss in 1H 2022)

Thomson Resources Ltd Announces New Outstanding Tin Results from Diamond Drilling At Bygoo

Warwick Gold Holdings Pty Ltd entered into a binding agreement to acquire Texas Project from Thomson Resources Ltd (ASX:TMZ) for AUD 3.5 million.

Thomson Resources Ltd Receives Fund Grant from NSW Government

No independent directors

Thomson Resources Ltd, Annual General Meeting, Nov 29, 2022

Thomson Resources Identifies High-Grade Copper Sulphide Target in Hole Kydd001 During A Review of Previous Exploration Data

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.011 loss in FY 2021)

Thomson Resources Announces Polymetallic Expansion Potential at Mt Carrington Project Confirmed in Geotechnical Drillholes

Thomson Resources Announces Further Excellent Tin Results at Bygoo Tin Project

Thomson Resources Ltd Announces Drilling at Silver Spur Intersects New Mineralisation

Thomson Resources Ltd Announces Further Outstanding Tin Results from Drilling At Bygoo Tin

Thomson Resources Ltd Announces Drilling Program Commences At Silver Spur on Texas Project

Thomson Resources Ltd Announces Drilling Program Commences At Silver Spur on Texas Project

Thomson Resources Ltd Announces Updated Polymetallic MRE for Mt Carrington Strauss and Kylo

Thomson Resources Delivers 14 Moz Silver Equivalent Indicated and Inferred Mineral Resource Estimate for Webbs Deposit

Thomson Resources Ltd Announces Outstanding Tin Results from Drilling at New Bygoo Tin Discovery

Thomson Resources Identifies Multiple High-Priority Drill Targets from Recent Geophysical Survey At the Texas Silver Base Metal Project Ahead of Drilling Start-Up

No independent directors

Thomson Resources Advises Further Strong Mineralised Greisens Have Been Intersected in Recent Drilling At the Thomson's 100% Owned Bygoo Tin Project, Located in the Lachlan Fold Belt in New South Wales

Thomson Resources Ltd announced that it expects to receive AUD 3.28 million in funding

Thomson Resources Ltd Commences A High-Resolution Aeromagnetic Survey West of Chillagoe, Queensland

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Thomson Resources Ltd Announces Lachlan Fold Belt Drilling Program Commenced with Bygoo Tin Project

Thomson Resources Ltd Reports Encouraging Silver, Gold and Zinc Recovery Results from Initial Metallurgical Test Work from the Texas District Twin Hills, Mt Gunyan and Silver Spur Silver Gold Base Metal Deposits

Thomson Resources Ltd Provides Mineral Resource Estimate for Mt Gunyan Project Advancing

Thomson Resources Announces Advanced in Defining A JORC 2012 Mineral Resource Estimate for the Twin Hills Silver-Gold Deposit

Thomson Resources Ltd Announce That It Has Initiated an On-Ground Exploration Program

Thomson Resources Ltd (ASX:TMZ) completed the acquisition of Assets of Cubane Partners Pty Ltd.

Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.004 loss in FY 2020)

Thomson Resources Ltd Provides an Update on Various of Its Projects in NSW and Queensland

Thomson Resources Ltd Provides an Update on Various of Its Projects in NSW and Queensland

Thomson Resources Announces Conrad Silver Exploration & New Resource Estimation Update

Thomson Resources Ltd (ASX:TMZ) entered into a term sheet to acquire Assets Of Cubane Partners Pty Ltd from Cubane Partners Pty Ltd for AUD 0.95 million.

Thomson Resources Ltd Provides Bygoo & Wilgaroon Tin Projects Drilling Update

Thomson Resources Ltd Provides Update on Progress of Drilling At Bygoo Tin Project

Thomson Resources Ltd announced that it expects to receive AUD 5.4 million in funding from Investment Managers Series Trust and other investors

First half 2021 earnings released: AU$0.005 loss per share (vs AU$0.001 loss in 1H 2020)

Thomson Resources Ltd (ASX:TMZ) entered into binding agreement to acquire Texas Silver Project from MRV Metals Pty Ltd for AUD 6.5 million.

Thomson Resources Ltd Announces Drill Rig Mobilised to NSW Tin Projects in Lachlan Fold Belt

Thomson Resources Ltd, Annual General Meeting, Mar 29, 2021

Thomson Resources Ltd and White Rock Minerals Ltd Enter into Binding and Exclusive Term Sheet for a 3 Stage Earn-In and Option to Joint Venture Agreement

Thomson Resources Completes Phase 3 Drilling Program At the Harry Smith Gold Project

Thomson Resources Receives Results of Soil Sampling and Associated Rock Chip Sampling At Its Chillagoe Project in Far North Queensland

Devex Resources Limited Enter into an Earn-In Agreement with Thomson Resources Limited

New 90-day high: AU$0.23

Thomson Resources Ltd (ASX:TMZ) entered into a binding Terms Sheet to acquire EL7896 (Barellan tenement) located within the Wagga-Omeo segment of the Lachlan Fold Belt from Carpentaria Resources Limited (ASX:CAP) and Cape Clear (Lachlan) Pty Ltd for AUD 0.39 million.

Thomson Resources Ltd Commences 2021 Lachlan Fold Belt Drilling Programs

Thomson Resources Ltd Announces Yalgogrin Phase-2 Drilling Delivers Strong Gold Results

Thomson Resources Announces Exploration Drilling Programs for 2020

Thomson Resources Ltd (ASX:TMZ) completed the acquisition of Tenement EPM27530 from Bull Equities Pty Ltd and Saba Nominees Pty Ltd.

Thomson Resources Ltd Announces Completion of Phase-2 Drilling Program at 100% Owned Yalgogrin Gold Project

Thomson Resources Ltd Announces Phase-2 Drilling Program At the Company's 100% Owned Yalgogrin Gold Project Has Now Commenced

Thomson Resources Ltd. Announces Progress in Auger Drilling Program at the Chillagoe Project

Thomson Resources Ltd (ASX:TMZ) signed a binding term sheet to acquire Tenement EPM27530 from Bull Equities Pty Ltd and Saba Nominees Pty Ltd for AUD 0.09 million.

Thomson Resources Ltd (ASX:TMZ) signed binding term sheet to acquire Webbs Silver Project and Conrad Silver Project in New South Wales, Australia from Silver Mines Limited (ASX:SVL) for AUD AUD 5.8 million.