TOR

Torque MetalsASX:TOR Stock Report

Market Cap

AU$18.2m

7D

-4.9%

1Y

n/a

Updated

26 Oct, 2021

Data

Company Financials
TOR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TOR Overview

Torque Metals Limited engages in the exploration of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Torque Metals
Historical stock prices
Current Share PriceAU$0.29
52 Week HighAU$0.18
52 Week LowAU$0.34
Beta0
1 Month Change23.40%
3 Month Change48.72%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO45.00%

Recent News & Updates

Shareholder Returns

TORAU Metals and MiningAU Market
7D-4.9%-0.4%0.8%
1Yn/a15.6%24.4%

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.

Price Volatility

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

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

FoundedEmployeesCEOWebsite
2017n/aIan Finchhttps://torquemetals.com

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

How do Torque Metals's earnings and revenue compare to its market cap?
TOR fundamental statistics
Market CapAU$18.22m
Earnings (TTM)-AU$1.82m
Revenue (TTM)AU$50.00k

367.1x

P/S Ratio

-10.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOR income statement (TTM)
RevenueAU$50.00k
Cost of RevenueAU$0
Gross ProfitAU$50.00k
ExpensesAU$1.87m
Earnings-AU$1.82m

Valuation

Is Torque Metals undervalued compared to its fair value and its price relative to the market?

2.26x

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).


Future Growth

How is Torque Metals 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 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.


Past Performance

How has Torque Metals performed over the past 5 years?

-720.8%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

AU$51k

CEO Compensation


CEO

Ian Finch (72 yo)

4.17yrs

Tenure

AU$51,062

Compensation

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.


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: TOR only recently listed within the past 12 months.


Top Shareholders

Company Information

Torque Metals Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Torque Metals Limited
  • 16-18 Nicholson Road
  • Unit 8
  • Subiaco
  • Western Australia
  • 6008
  • 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 16:30
End of Day Share Price2021/10/26 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.