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TRT

Todd River ResourcesASX:TRT Stock Report

Market Cap

AU$40.2m

7D

14.3%

1Y

75.6%

Updated

20 Oct, 2021

Data

Company Financials
TRT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TRT Overview

Todd River Resources Limited operates as a mineral resources company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Todd River Resources
Historical stock prices
Current Share PriceAU$0.072
52 Week HighAU$0.03
52 Week LowAU$0.099
Beta1.99
1 Month Change20.00%
3 Month Change1.41%
1 Year Change75.61%
3 Year Change-16.28%
5 Year Changen/a
Change since IPO-68.70%

Recent News & Updates

Shareholder Returns

TRTAU Metals and MiningAU Market
7D14.3%3.6%1.7%
1Y75.6%11.3%20.2%

Return vs Industry: TRT exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

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

Price Volatility

Is TRT's price volatile compared to industry and market?
TRT volatility
TRT Beta1.99
Industry Beta0.97
Market Beta1

Stable Share Price: TRT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TRT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aWill Dixhttps://www.trrltd.com.au

Todd River Resources Limited operates as a mineral resources company in Australia. The company explores for gold, zinc, lead, silver, copper, lithium, and other base metal deposits. It holds 100% interest in 5 projects, including the Berkshire Valley Project located in the South West Yilgarn Craton; Pingandy Base Metal Project covering an area of 895 square kilometers located in the Edmund Basin, Western Australia; Mount Hardy Project located to the west of the town of Yuendumu; Petermanns Project; and Nerramyne Project located to the northeast of Geraldton in Western Australia.

Todd River Resources Fundamentals Summary

How do Todd River Resources's earnings and revenue compare to its market cap?
TRT fundamental statistics
Market CapAU$40.15m
Earnings (TTM)-AU$5.76m
Revenue (TTM)AU$2.17k

0x

P/S Ratio

-7.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRT income statement (TTM)
RevenueAU$2.17k
Cost of RevenueAU$0
Gross ProfitAU$2.17k
ExpensesAU$5.76m
Earnings-AU$5.76m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.01
Gross Margin100.00%
Net Profit Margin-265,047.79%
Debt/Equity Ratio0%

How did TRT perform over the long term?

See historical performance and comparison

Valuation

Is Todd River Resources undervalued compared to its fair value and its price relative to the market?

3.03x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TRT is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Todd River Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

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 Todd River Resources 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 Todd River Resources performed over the past 5 years?

-28.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRT is currently unprofitable.

Growing Profit Margin: TRT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TRT is unprofitable, and losses have increased over the past 5 years at a rate of 28.8% per year.

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

Earnings vs Industry: TRT 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: TRT has a negative Return on Equity (-43.43%), as it is currently unprofitable.


Financial Health

How is Todd River Resources's financial position?


Financial Position Analysis

Short Term Liabilities: TRT's short term assets (A$7.3M) exceed its short term liabilities (A$186.0K).

Long Term Liabilities: TRT's short term assets (A$7.3M) exceed its long term liabilities (A$14.7K).


Debt to Equity History and Analysis

Debt Level: TRT is debt free.

Reducing Debt: TRT has not had any debt for 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: TRT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TRT has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 7.5% each year.


Dividend

What is Todd River Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TRT'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 TRT'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?

2.9yrs

Average board tenure


CEO

Will Dix

3.67yrs

Tenure

AU$437,805

Compensation

Mr. William Robert Dix, also known as Will, BSc, MSc (Geology), MAusIMM, is the Managing Director of Todd River Resources Limited since November 30, 2018. He served as Chief Executive Officer of Todd River...


CEO Compensation Analysis

Compensation vs Market: Will's total compensation ($USD327.33K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Will's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: TRT's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.9%.


Top Shareholders

Company Information

Todd River Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Todd River Resources Limited
  • Ticker: TRT
  • Exchange: ASX
  • Founded: 2014
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$40.152m
  • Shares outstanding: 557.67m
  • Website: https://www.trrltd.com.au

Location

  • Todd River Resources Limited
  • Unit 4
  • 24 Parkland Road
  • Osborne Park
  • Western Australia
  • 6017
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:33
End of Day Share Price2021/10/20 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.