Torque Metals (ASX:TOR) - Stock Price, News & Analysis

TOR Stock Overview

Torque Metals Limited operates as a gold exploration company in Australia.

TOR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$243K)

Earnings have declined by 29.2% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$26M)

Torque Metals Limited Competitors

Global Uranium and Enrichment

ASX:GUE

AU$24.8m

Ora Gold

ASX:OAU

AU$34.8m

Nexus Minerals

ASX:NXM

AU$25.3m

Kingsrose Mining

ASX:KRM

AU$27.1m

Price History & Performance

Summary of all time highs, changes and price drops for Torque Metals
Historical stock prices
Current Share Price	AU$0.14
52 Week High	AU$0.43
52 Week Low	AU$0.12
Beta	-0.33
1 Month Change	3.70%
3 Month Change	-30.00%
1 Year Change	3.70%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-30.00%

Recent updates

Shareholder Returns

	TOR	AU Metals and Mining	AU Market
7D	0%	-0.7%	0.4%
1Y	3.7%	-1.7%	6.0%

Return vs Industry: TOR exceeded the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: TOR underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is TOR's price volatile compared to industry and market?
TOR volatility
TOR Average Weekly Movement	12.9%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: TOR's share price has been volatile over the past 3 months.

Volatility Over Time: TOR's weekly volatility has decreased from 31% to 13% over the past year.

About the Company

Founded	Employees	CEO	Website
2017	n/a	Cristian Moreno	www.torquemetals.com

Torque Metals Limited operates as a gold exploration company in Australia. Its flagship project is the 100% owned Paris Gold project comprising various mining leases and prospecting leases covering an area of approximately 200 square kilometers located in Western Australia. The company was incorporated in 2017 and is based in Perth, Australia.

Torque Metals Limited Fundamentals Summary

How do Torque Metals's earnings and revenue compare to its market cap?
TOR fundamental statistics
Market cap	AU$25.65m
Earnings (TTM)	-AU$3.17m
Revenue (TTM)	AU$242.86k

105.6x

P/S Ratio

-8.1x

P/E Ratio

Is TOR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TOR income statement (TTM)
Revenue	AU$242.86k
Cost of Revenue	AU$60.03k
Gross Profit	AU$182.83k
Other Expenses	AU$3.36m
Earnings	-AU$3.17m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.017
Gross Margin	75.28%
Net Profit Margin	-1,307.13%
Debt/Equity Ratio	0%

How did TOR perform over the long term?

See historical performance and comparison

TOR Stock Overview

Rewards

Risk Analysis

Torque Metals Limited Competitors

ASX:GUE

AU$24.8m

ASX:OAU

AU$34.8m

ASX:NXM

AU$25.3m

ASX:KRM

AU$27.1m

Price History & Performance

Recent News & Updates

Torque Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.8155 million.

Torque Metals Limited Welcomes the Appointment of Imants Kins as Non-Executive Director

Torque Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.

Torque Metals Limited, Annual General Meeting, Nov 29, 2023

New major risk - Shareholder dilution

Altan Rio Minerals Limited (TSXV:AMO) signed a conditional sale agreement to acquire Bullfinch Gold Project from Torque Metals Limited (ASX:TOR) for AUD 0.75 million.

Recent updates

Torque Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.8155 million.

Torque Metals Limited Welcomes the Appointment of Imants Kins as Non-Executive Director

Torque Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.

Torque Metals Limited, Annual General Meeting, Nov 29, 2023

New major risk - Shareholder dilution

Altan Rio Minerals Limited (TSXV:AMO) signed a conditional sale agreement to acquire Bullfinch Gold Project from Torque Metals Limited (ASX:TOR) for AUD 0.75 million.

Torque Metals Limited Announces Change in Company Secretary

Torque Metals Limited Announces Resignation of Ian Finch as Non-Executive Director

Torque Metals Limited Announces High Grade Assay Results from Its Fifth Drilling Phase At the Company's Wholly Owned Paris Project

Torque Metals Limited Announces Drilling Results Imminent from Paris Gold Project

Torque Metals Limited Announces Significant Rare Earth Potential Discovered At Bullfinch

Torque Metals Limited Expands Paris Gold/Nickel Footprint

Torque Metals Limited Announces Drilling Set to Recommence At 2.5Km Paris Gold Camp

Torque Metals Announces Board Changes

Torque Metals Limited Appoints Cristian Moreno as Managing Director

Torque Metals Limited, Annual General Meeting, Nov 25, 2022

Torque Metals Limited Announces Final Results from Paris Project

Torque Metals Limited Announces Potential to Link Up Paris and HHH Gold Mines

Torque Metals Limited Reports Initial Results from Paris Project

Torque Metals Limited Re-Commences Drilling at Paris Gold Project

Torque Metals Limited Announces Nickel Exploration Commences At Paris Project

Torque Metals Limited Announces Commencement of a Maiden Reverse Circulation Drill Program At Withers Find Prospect At the Bullfinch Project Area in Western Australia

Torque Metals Limited Announces Results from the Phase 3 Drilling Campaign At the Company's Wholly Owned Paris Project, Located to the Southeast of Kalgoorlie on the Richly Gold Endowed Boulder-Lefroy Fault Zone

Torque Metals Limited announced that it expects to receive AUD 3 million in funding

Torque Metals Limited Appoints Cristian Moreno as Chief Executive Officer

Less than half of directors are independent

Torque Metals Limited Announces Nickel Potential Upgraded At Paris

Torque Metals Limited Interprets Results from SkyTEM FAST Airborne Electromagnetic Survey Completes over its Wholly-Owned Paris Project

Torque Metals Limited Announces Emerging High-Grade Gold Zone Adjacent to Paris Pit

Torque Metals Limited Recommences Drilling At Paris Gold Project Discoveries

Torque Metals Limited Announces A New Discovery At its Paris Gold Project

Torque Metals Limited Announces High-Grade Gold Intercepts at Paris Gold Project on the Richly Gold Endowed Boulder-Lefroy Fault Zone, South East of Kalgoorlie

Torque Metals Limited Provides an Update to the Follow-Up Reverse Circulation Drilling Campaign At the Paris Gold Project

Torque Metals Limited Announce First Pass Drilling at the Paris Gold Project Within the Boulder-Lefroy Fault Zone

Torque Metals Limited Provides Update Regarding the First Phase Drilling Campaign At the Paris Gold Project

Torque Metals Limited Provides an Update to Its Initial Reverse Circulation Drilling Program At the Paris Gold Project in Western Australia

Torque Metals Limited has completed an IPO in the amount of AUD 7 million.