Trinex Minerals (CHIA:TX3) - Stock Price, News & Analysis

TX3 Stock Overview

Engages in exploration and evaluation of mineral resources in Australia and Canada. More details

TX3 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (A$2M)

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$0)

Shares are highly illiquid

+ 1 more risk

Trinex Minerals Limited Competitors

ActivEX

ASX:AIV

AU$3.4m

Australian Potash

ASX:APC

AU$4.1m

Moab Minerals

ASX:MOM

AU$3.2m

eMetals

ASX:EMT

AU$4.3m

Price History & Performance

Summary of all time highs, changes and price drops for Trinex Minerals
Historical stock prices
Current Share Price	AU$0.0015
52 Week High	AU$0.009
52 Week Low	AU$0.0015
Beta	1.44
11 Month Change	-25.00%
3 Month Change	-40.00%
1 Year Change	-81.25%
33 Year Change	-98.57%
5 Year Change	-94.83%
Change since IPO	-99.32%

Recent updates

Shareholder Returns

	TX3	AU Metals and Mining	AU Market
7D	-25.0%	1.6%	0.9%
1Y	-81.3%	-10.8%	18.4%

Return vs Industry: TX3 underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: TX3 underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is TX3's price volatile compared to industry and market?
TX3 volatility
TX3 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: TX3's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: Insufficient data to determine TX3's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	n/a	Will Dix	trinexminerals.com.au

Trinex Minerals Limited engages in exploration and evaluation of mineral resources in Australia and Canada. The company explores for gold, uranium, lithium, copper, zinc, lead, nickel, base, and precious metals deposits. It holds interest in the Halo-Yuri lithium project comprising of 37 contiguous claims and covers an area of 450 square kilometers located near northeast of Yellowknife; the Ross Lake lithium project located near east-northeast of Yellowknife; and the MAC lithium project covers an area of 4,300 hectares and located near north of Yellowknife, Canada.

Trinex Minerals Limited Fundamentals Summary

How do Trinex Minerals's earnings and revenue compare to its market cap?
TX3 fundamental statistics
Market cap	AU$1.83m
Earnings (TTM)	-AU$4.93m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.4x

P/E Ratio

Is TX3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TX3 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$4.93m
Earnings	-AU$4.93m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0027
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did TX3 perform over the long term?

See historical performance and comparison

TX3 Stock Overview

Risk Analysis

Trinex Minerals Limited Competitors

ASX:AIV

AU$3.4m

ASX:APC

AU$4.1m

ASX:MOM

AU$3.2m

ASX:EMT

AU$4.3m

Price History & Performance

Recent News & Updates

Trinex Minerals Limited, Annual General Meeting, Nov 26, 2024

Trinex Minerals Limited (ASX:TX3) agreed to acquire East Yellowknife Lithium Project from DG Resource Management Ltd. and 507976 N.W.T. Ltd. for AUD 0.19 million.

New major risk - Financial position

Trinex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.

Less than half of directors are independent

Todd River Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.944231 million.

Recent updates

Trinex Minerals Limited, Annual General Meeting, Nov 26, 2024

Trinex Minerals Limited (ASX:TX3) agreed to acquire East Yellowknife Lithium Project from DG Resource Management Ltd. and 507976 N.W.T. Ltd. for AUD 0.19 million.

New major risk - Financial position

Trinex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.

Less than half of directors are independent

Todd River Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.944231 million.

Todd River Resources Limited (ASX:TRT) acquired Ross Lake Lithium Project and MAC Lithium Project from DG Resource Management Ltd. and Hale Court Holdings Pty Ltd for AUD 4.4 million.

New major risk - Shareholder dilution

New major risk - Shareholder dilution

Todd River Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.863 million.

Todd River Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.863 million.

Less than half of directors are independent

Todd River Resources Limited, Annual General Meeting, Nov 24, 2023

Todd River Resources Limited Announces Executive Changes

Todd River Resources Limited Announces Executive Changes

New major risk - Financial position

Todd River Resources Limited (ASX:TRT) entered into binding sale agreements to acquire 100% stake in Mineral claims in the Northwest Territories of Canada from DG Resource Management Ltd., Hale Court Holdings Pty Ltd, 507976 N.W.T. Ltd. and Zimtu Capital Corp. (TSXV:ZC) for CAD 4.87 million.

New minor risk - Financial data availability

New minor risk - Financial data availability

Todd River Resources Limited Announces 2023 Exploration Program Underway at Pingrup Project in Western Australia

Todd River Resources Limited Provides the Update on Recent Exploration Activities

Todd River Resources Limited Announces High Grade Rock Chip Results Confirm New Areas of Prospectivity at the MT Hardy Copper-Zinc Project

Todd River Resources Limited Announces the Completion of the 2022 Grain Harvest, On-Ground Exploration Will Commence At Its 100% Owned Pingrup Ni-Cu-PGE Project in Western Australia

Todd River Resources Limited, Annual General Meeting, Nov 15, 2022

Todd River Resources Limited Announces Stage 2 Drilling Underway At the Nerramyne Project

Todd River Resources Limited Announces Resignation of Mark Bennett as Non-Executive Director

Todd River Resources Limited Auditor Raises 'Going Concern' Doubt

Todd River Resources Limited, Annual General Meeting, Oct 28, 2022

Todd River Resources Limited Announces Robust EM Conductor and Anomalous Cu-PGE Results in Initial Rc Drilling at Nerramyne

Todd River Resources Limited Commences RC Drilling at the Nerramyne Project

Todd River Resources Limited Provides Exploration Update on Three of Its Key Projects

Less than half of directors are independent

Todd River Resources Limited Announces Bedrock Conductors Identification At the Nerramyne Project

Independent Non-Executive Director recently bought AU$75k worth of stock

Todd River Resources Limited Announces Exploration Update of Berkshire Valley Ni-Cu-PGE Project

Independent Non-Executive Director recently bought AU$306k worth of stock

Todd River Resources Limited Announces Drilling Recommences At Berkshire Valley

Todd River Resources Limited Provides Exploration Update Exploration Update for the Berkshire Valley Ni-Cu-PGE Project

Less than half of directors are independent

Boab Metals Limited (ASX:BML) completed the acquisition of Manbarrum Zn-Pb-Ag Project from Todd River Resources Limited (ASX:TRT).

Todd River Resources Limited Announces Nerramyne Project Update

Todd River Resources Limited Announces the Results from the Recently Completed Auger Geochemical Sampling Program over Approximately 7 Kilometres of Strike Along the Eastern Magnetic Trend At Its 100% Owned Berkshire Valley Ni-Cu-Pge Project (The Project) in Western Australia

Todd River Resources Limited Provides Pingandy Base Metal Project Update

Todd River Resources Limited Provides Berkshire Valley Initial Aircore Drilling Update

Todd River Resources Limited Provides Drilling Update at Berkshire Valley Ni-Cu-PGE Project

Todd River Resources Limited to Provide Update on Exploration Activities at its 100% Owned Berkshire Valley Ni-Cu-PGE Project

Todd River Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.3 million.

Todd River Resources Limited announced that it expects to receive AUD 3.3 million in funding from Acorn Capital Limited

Todd River Resources Limited Provides the Update on Exploration Activities at 100% Owned Berkshire Valley Ni-Cu-PGE Project in Western Australia

Todd River Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.08 million.

Todd River Resources Limited Receives All of the Platinum and Palladium Fire Assay Results

Todd River Resources Limited (ASX:TRT) completed the acquisition of Marlee Base Metals Pty Ltd.

Todd River Resources Limited announced that it expects to receive AUD 4.08 million in funding

Shareholder Returns

Price Volatility

About the Company

Trinex Minerals Limited Fundamentals Summary

0.0x

-0.4x

Earnings & Revenue