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TNR

Torian ResourcesASX:TNR Stock Report

Market Cap

AU$28.5m

7D

0%

1Y

-14.7%

Updated

26 Oct, 2021

Data

Company Financials
TNR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

TNR Overview

Torian Resources Limited engages in the exploration, evaluation, and development of gold properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Torian Resources
Historical stock prices
Current Share PriceAU$0.029
52 Week HighAU$0.023
52 Week LowAU$0.065
Beta0.49
1 Month Change-6.45%
3 Month Change7.41%
1 Year Change-14.71%
3 Year Change11.54%
5 Year Change-82.94%
Change since IPO-99.92%

Recent News & Updates

Shareholder Returns

TNRAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y-14.7%15.6%24.4%

Return vs Industry: TNR underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: TNR underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is TNR's price volatile compared to industry and market?
TNR volatility
TNR Beta0.49
Industry Beta0.97
Market Beta1

Stable Share Price: TNR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: TNR's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1981n/an/ahttps://www.torianresources.com.au

Torian Resources Limited engages in the exploration, evaluation, and development of gold properties in Australia. The company’s flagship project is the Mt Stirling project located in the north west of Leonora. The company was formerly known as Torian Resources NL and changed its name to Torian Resources Limited in May 2014.

Torian Resources Fundamentals Summary

How do Torian Resources's earnings and revenue compare to its market cap?
TNR fundamental statistics
Market CapAU$28.48m
Earnings (TTM)-AU$2.12m
Revenue (TTM)AU$388.26k

76.3x

P/S Ratio

-13.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TNR income statement (TTM)
RevenueAU$388.26k
Cost of RevenueAU$0
Gross ProfitAU$388.26k
ExpensesAU$2.50m
Earnings-AU$2.12m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin100.00%
Net Profit Margin-545.02%
Debt/Equity Ratio0.4%

How did TNR perform over the long term?

See historical performance and comparison

Valuation

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

1.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TNR is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Torian 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 Torian Resources performed over the past 5 years?

-5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TNR is currently unprofitable.

Growing Profit Margin: TNR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TNR is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.

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

Earnings vs Industry: TNR 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: TNR has a negative Return on Equity (-8.09%), as it is currently unprofitable.


Financial Health

How is Torian Resources's financial position?


Financial Position Analysis

Short Term Liabilities: TNR's short term assets (A$2.2M) exceed its short term liabilities (A$835.1K).

Long Term Liabilities: TNR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TNR's debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: TNR's debt to equity ratio has reduced from 4.5% to 0.4% over the 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: TNR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TNR has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 2% each year.


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TNR'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 TNR'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?

1.2yrs

Average management tenure


CEO

Torian Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: TNR's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: TNR'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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: Torian Resources Limited
  • Ticker: TNR
  • Exchange: ASX
  • Founded: 1981
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$28.480m
  • Shares outstanding: 1.02b
  • Website: https://www.torianresources.com.au

Location

  • Torian Resources Limited
  • 104 Colin Street
  • 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 Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.