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TRM

Truscott MiningASX:TRM Stock Report

Market Cap

AU$4.4m

7D

0%

1Y

45.0%

Updated

18 Oct, 2021

Data

Company Financials
TRM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

TRM Overview

Truscott Mining Corporation Limited engages in the exploration and development of gold and base metal properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Truscott Mining
Historical stock prices
Current Share PriceAU$0.029
52 Week HighAU$0.018
52 Week LowAU$0.06
Beta1.24
1 Month Change-6.45%
3 Month Change-9.38%
1 Year Change45.00%
3 Year Change81.25%
5 Year Change3.57%
Change since IPO-87.11%

Recent News & Updates

Shareholder Returns

TRMAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y45.0%12.2%20.2%

Return vs Industry: TRM exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: TRM exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is TRM's price volatile compared to industry and market?
TRM volatility
TRM Beta1.24
Industry Beta0.97
Market Beta1

Stable Share Price: TRM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: TRM's weekly volatility has decreased from 25% to 12% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051Peter Smithhttps://www.truscottmining.com.au

Truscott Mining Corporation Limited engages in the exploration and development of gold and base metal properties in Australia. The company explores for iron oxide, copper, and gold deposits. It holds 100% interest in the Westminster project covering an area of 9 hectares and 8 blocks; the North Tennant Creek project comprising an area of 77.71 square kilometers and 52 blocks; and the Barkly project located within the Tennant Creek mineral field in the Northern Territory.

Truscott Mining Fundamentals Summary

How do Truscott Mining's earnings and revenue compare to its market cap?
TRM fundamental statistics
Market CapAU$4.41m
Earnings (TTM)-AU$304.30k
Revenue (TTM)AU$64.87k

69.0x

P/S Ratio

-14.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRM income statement (TTM)
RevenueAU$64.87k
Cost of RevenueAU$0
Gross ProfitAU$64.87k
ExpensesAU$369.17k
Earnings-AU$304.30k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.002
Gross Margin100.00%
Net Profit Margin-469.06%
Debt/Equity Ratio5.6%

How did TRM perform over the long term?

See historical performance and comparison

Valuation

Is Truscott Mining undervalued compared to its fair value and its price relative to the market?

1.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TRM is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Truscott Mining 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 Truscott Mining performed over the past 5 years?

-31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRM is currently unprofitable.

Growing Profit Margin: TRM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TRM is unprofitable, and losses have increased over the past 5 years at a rate of 31.1% per year.

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

Earnings vs Industry: TRM 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: TRM has a negative Return on Equity (-8.72%), as it is currently unprofitable.


Financial Health

How is Truscott Mining's financial position?


Financial Position Analysis

Short Term Liabilities: TRM's short term assets (A$144.7K) exceed its short term liabilities (A$48.9K).

Long Term Liabilities: TRM's short term assets (A$144.7K) do not cover its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: TRM's debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: TRM's debt to equity ratio has increased from 0% to 5.6% 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: TRM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TRM has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.2% each year.


Dividend

What is Truscott Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TRM'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 TRM'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$255k

CEO Compensation


CEO

Peter Smith (66 yo)

no data

Tenure

AU$255,373

Compensation

Mr. Peter Neil Smith, BSc (Min), PG Dip (M Tech), M Min Tech FAusIMM, CP, MAICD, serves as Managing Director of Truscott Mining Corporation Limited. Mr. Smith served as Chief Executive Officer for Giants R...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TRM 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 23.6%.


Top Shareholders

Company Information

Truscott Mining Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Truscott Mining Corporation Limited
  • Ticker: TRM
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$4.406m
  • Shares outstanding: 151.94m
  • Website: https://www.truscottmining.com.au

Number of Employees


Location

  • Truscott Mining Corporation Limited
  • Lot 511
  • Udall Road
  • Tennant Creek
  • Northern Territories
  • 860
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:05
End of Day Share Price2021/10/15 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.