TUL Stock Overview
Tulla Resources Plc explores for, evaluates, and develops gold property in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.59|
|52 Week High||AU$0.69|
|52 Week Low||AU$0.39|
|1 Month Change||9.17%|
|3 Month Change||11.22%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-33.89%|
Recent News & Updates
|TUL||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how TUL performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how TUL performed against the Australian Market.
|TUL Average Weekly Movement||8.2%|
|Metals and Mining Industry Average Movement||10.8%|
|Market Average Movement||8.6%|
|10% most volatile stocks in AU Market||15.4%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: TUL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TUL's weekly volatility (8%) has been stable over the past year.
About the Company
Tulla Resources Plc explores for, evaluates, and develops gold property in Australia. It holds 50% interest in the Norseman Gold project that comprises 146 near-contiguous mining tenements located in the Eastern Goldfields of Western Australia. The company was formerly known as Norseman Gold Plc and changed its name to Tulla Resources Plc in December 2020.
Tulla Resources Fundamentals Summary
|TUL fundamental statistics|
Is TUL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TUL income statement (TTM)|
|Cost of Revenue||AU$43.08k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||-0.74%|
How did TUL perform over the long term?See historical performance and comparison
Is Tulla Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TUL (A$0.6) is trading below our estimate of fair value (A$4.48)
Significantly Below Fair Value: TUL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate TUL's PE Ratio to determine if it is good value compared to the Australian Metals and Mining industry average.
PE vs Market: Insufficient data to calculate TUL's PE Ratio to determine if it is good value compared to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TUL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TUL's PB Ratio (2.8x) is in line with the AU Metals and Mining industry average.
How is Tulla Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TUL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: TUL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TUL's is expected to become profitable in the next 3 years.
Revenue vs Market: TUL is forecast to have no revenue next year.
High Growth Revenue: TUL is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TUL's Return on Equity is forecast to be high in 3 years time (40%)
How has Tulla Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TUL is currently unprofitable.
Growing Profit Margin: TUL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TUL is unprofitable, but has reduced losses over the past 5 years at a rate of 46.3% per year.
Accelerating Growth: Unable to compare TUL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TUL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33%).
Return on Equity
High ROE: TUL has a negative Return on Equity (-0.002%), as it is currently unprofitable.
How is Tulla Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TUL's short term assets (A$70.9M) exceed its short term liabilities (A$4.0M).
Long Term Liabilities: TUL's short term assets (A$70.9M) exceed its long term liabilities (A$14.3M).
Debt to Equity History and Analysis
Debt Level: TUL is debt free.
Reducing Debt: TUL currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: TUL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TUL has no debt, therefore coverage of interest payments is not a concern.
What is Tulla Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TUL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TUL'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 TUL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TUL'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 TUL'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
Tulla Resources has no CEO, or we have no data on them.
Experienced Board: TUL's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TUL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: TUL only recently listed within the past 12 months.
Tulla Resources Plc's employee growth, exchange listings and data sources
- Name: Tulla Resources Plc
- Ticker: TUL
- Exchange: ASX
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$164.195m
- Shares outstanding: 269.17m
- Website: https://tullaresources.com
Number of Employees
- Tulla Resources Plc
- 2 Grosvenor Street
- Suite 5
- Bondi Junction
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/24 07:02|
|End of Day Share Price||2022/01/24 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.