Torque Metals Limited engages in the exploration of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.29|
|52 Week High||AU$0.18|
|52 Week Low||AU$0.34|
|1 Month Change||23.40%|
|3 Month Change||48.72%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||45.00%|
Recent News & Updates
|TOR||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how TOR performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how TOR performed against the Australian Market.
Stable Share Price: TOR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: Insufficient data to determine TOR's volatility change over the past year.
About the Company
Torque Metals Limited engages in the exploration of mineral properties in Australia. Its flagship project is the 100% owned Paris Gold project, which comprises 9 mining leases and 2 prospecting leases covering an area of approximately 68 square kilometers located in Western Australia. The company was incorporated in 2017 and is based in Subiaco, Australia.
Torque Metals Fundamentals Summary
|TOR fundamental statistics|
Is TOR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TOR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.029|
|Net Profit Margin||-3,640.05%|
How did TOR perform over the long term?See historical performance and comparison
Is Torque Metals 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 TOR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TOR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TOR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: TOR 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 TOR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TOR is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Torque Metals 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 Torque Metals 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 Torque Metals performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: TOR is currently unprofitable.
Growing Profit Margin: TOR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TOR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare TOR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TOR 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: TOR has a negative Return on Equity (-22.62%), as it is currently unprofitable.
How is Torque Metals's financial position?
Financial Position Analysis
Short Term Liabilities: TOR's short term assets (A$5.1M) exceed its short term liabilities (A$769.9K).
Long Term Liabilities: TOR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TOR is debt free.
Reducing Debt: TOR had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TOR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TOR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 48.7% each year
What is Torque Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TOR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TOR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TOR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TOR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Ian Finch (72 yo)
Mr. Ian Donald Finch, BSc (Hons), AUsIMM, MAICD, has been Managing Director and Director of Torque Metals Limited since August 16, 2017 and serves as its Executive Chairman. Mr. Finch is a Founder of Tyran...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD38.28K) is below average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Ian's compensation has increased whilst the company is unprofitable.
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: TOR only recently listed within the past 12 months.
Torque Metals Limited's employee growth, exchange listings and data sources
- Name: Torque Metals Limited
- Ticker: TOR
- Exchange: ASX
- Founded: 2017
- Industry: Gold
- Sector: Materials
- Market Cap: AU$18.217m
- Shares outstanding: 62.82m
- Website: https://torquemetals.com
- Torque Metals Limited
- 16-18 Nicholson Road
- Unit 8
- 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.