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TSO

Tesoro ResourcesASX:TSO Stock Report

Market Cap

AU$57.3m

7D

-1.0%

1Y

-79.6%

Updated

15 Oct, 2021

Data

Company Financials
TSO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

TSO Overview

Tesoro Resources Limited engages in the acquisition, exploration, and development of resource projects in Chile.

Price History & Performance

Summary of all time highs, changes and price drops for Tesoro Resources
Historical stock prices
Current Share PriceAU$0.097
52 Week HighAU$0.094
52 Week LowAU$0.49
Beta0
1 Month Change-15.65%
3 Month Change-47.57%
1 Year Change-79.58%
3 Year Changen/a
5 Year Changen/a
Change since IPO246.43%

Recent News & Updates

Jul 29
We're Not Very Worried About Tesoro Resources' (ASX:TSO) Cash Burn Rate

We're Not Very Worried About Tesoro Resources' (ASX:TSO) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

TSOAU Metals and MiningAU Market
7D-1.0%2.4%0.1%
1Y-79.6%10.1%19.3%

Return vs Industry: TSO underperformed the Australian Metals and Mining industry which returned 10.1% over the past year.

Return vs Market: TSO underperformed the Australian Market which returned 19.3% over the past year.

Price Volatility

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

Stable Share Price: TSO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TSO's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aZeff Reeveshttps://www.tesororesources.com.au

Tesoro Resources Limited engages in the acquisition, exploration, and development of resource projects in Chile. Its flagship property is the El Zorro gold project covering an area of approximately 555 square kilometers located in northern Chile. The company was incorporated in 2017 and is based in West Perth, Australia.

Tesoro Resources Fundamentals Summary

How do Tesoro Resources's earnings and revenue compare to its market cap?
TSO fundamental statistics
Market CapAU$57.30m
Earnings (TTM)-AU$5.57m
Revenue (TTM)n/a

0x

P/S Ratio

-10.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TSO income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$5.57m
Earnings-AU$5.57m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0092
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did TSO perform over the long term?

See historical performance and comparison

Valuation

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

2.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TSO is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

0.01%

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 Tesoro 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 Tesoro Resources performed over the past 5 years?

-18.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: TSO is currently unprofitable.

Growing Profit Margin: TSO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TSO's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: TSO 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: TSO has a negative Return on Equity (-19.91%), as it is currently unprofitable.


Financial Health

How is Tesoro Resources's financial position?


Financial Position Analysis

Short Term Liabilities: TSO's short term assets (A$14.1M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: TSO's short term assets (A$14.1M) exceed its long term liabilities (A$108.9K).


Debt to Equity History and Analysis

Debt Level: TSO is debt free.

Reducing Debt: TSO had no debt 5 years ago.


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: TSO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TSO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 80.2% each year


Dividend

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


Dividend Yield vs Market

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

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

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

0.08yrs

Average management tenure


CEO

Zeff Reeves

4.58yrs

Tenure

AU$1,510,358

Compensation

Mr. Zeffron Charles Reeves, also known as Zeff, B.Sc (Hons) (Applied Geology), MBA, MAIG, is a Founder of Tesoro Resources Limited. Mr. Reeves serves as Managing Director at Tesoro Resources Limited since...


CEO Compensation Analysis

Compensation vs Market: Zeff's total compensation ($USD1.12M) is above average for companies of similar size in the Australian market ($USD300.24K).

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


Leadership Team

Experienced Management: TSO's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: TSO's board of directors are not considered experienced ( 0.9 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 26.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Tesoro Resources Limited
  • Ticker: TSO
  • Exchange: ASX
  • Founded: 2017
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$57.304m
  • Shares outstanding: 603.20m
  • Website: https://www.tesororesources.com.au

Location

  • Tesoro Resources Limited
  • 62 Ord Street
  • Suite 5
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 07:04
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.