Truscott Mining Corporation Limited engages in the exploration and development of gold and base metal properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.029|
|52 Week High||AU$0.018|
|52 Week Low||AU$0.06|
|1 Month Change||-6.45%|
|3 Month Change||-9.38%|
|1 Year Change||45.00%|
|3 Year Change||81.25%|
|5 Year Change||3.57%|
|Change since IPO||-87.11%|
Recent News & Updates
|TRM||AU Metals and Mining||AU Market|
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.
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
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
|TRM fundamental statistics|
Is TRM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.002|
|Net Profit Margin||-469.06%|
How did TRM perform over the long term?See historical performance and comparison
Is Truscott Mining 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 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).
How is Truscott Mining 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 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.
How has Truscott Mining performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Peter Smith (66 yo)
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...
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.6%.
Truscott Mining Corporation Limited's employee growth, exchange listings and data sources
- 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
- Truscott Mining Corporation Limited
- Lot 511
- Udall Road
- Tennant Creek
- Northern Territories
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:05|
|End of Day Share Price||2021/10/15 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.