Torrens Mining Limited engages in the acquisition, exploration, and evaluation of mining projects.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.17|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.34|
|1 Month Change||9.68%|
|3 Month Change||-30.61%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-42.37%|
Recent News & Updates
|TRN||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how TRN performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how TRN performed against the Australian Market.
Stable Share Price: TRN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: TRN's weekly volatility has decreased from 21% to 12% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Torrens Mining Limited engages in the acquisition, exploration, and evaluation of mining projects. The company primarily explores for gold, copper, and cobalt deposits. Its flagship project is the Mount Piper gold project comprising of five exploration licenses and one exploration license application covering an area of approximately 1,609 square kilometers located in Central Victorian Goldfields, Australia.
Torrens Mining Fundamentals Summary
|TRN fundamental statistics|
Is TRN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.027|
|Net Profit Margin||-209,315.88%|
How did TRN perform over the long term?See historical performance and comparison
Is Torrens 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 TRN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TRN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TRN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: TRN 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 TRN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRN is overvalued based on its PB Ratio (2.7x) compared to the AU Metals and Mining industry average (2.6x).
How is Torrens 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 Torrens 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 Torrens Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRN is currently unprofitable.
Growing Profit Margin: TRN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRN is unprofitable, and losses have increased over the past 5 years at a rate of 8.3% per year.
Accelerating Growth: Unable to compare TRN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRN 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: TRN has a negative Return on Equity (-42.21%), as it is currently unprofitable.
How is Torrens Mining's financial position?
Financial Position Analysis
Short Term Liabilities: TRN's short term assets (A$8.1M) exceed its short term liabilities (A$760.2K).
Long Term Liabilities: TRN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRN is debt free.
Reducing Debt: TRN currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: TRN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TRN has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 29.8% each year.
What is Torrens Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRN'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 TRN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRN'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 TRN'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?
Average board tenure
Steve Shedden (69 yo)
Mr. Stephen Hugh Shedden, also known as Steve, BSc (Hons)(Geol), MAICD, MAusIMM, MAIG, ASMB, serves as Chief Executive Officer and Managing Director at Torrens Mining Limited. Mr. Shedden established Torre...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD188.52K) is below average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
Experienced Board: TRN's board of directors are considered experienced (7.7 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: TRN only recently listed within the past 12 months.
Torrens Mining Limited's employee growth, exchange listings and data sources
- Name: Torrens Mining Limited
- Ticker: TRN
- Exchange: ASX
- Founded: 2014
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$19.499m
- Shares outstanding: 114.70m
- Website: https://www.torrensmining.com
- Torrens Mining Limited
- London House
- Level 11
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:49|
|End of Day Share Price||2021/10/22 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.