CNSX:TGC

Stock Analysis Report

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Executive Summary

Taiga Gold Corp., a mineral exploration company, focuses on the exploration and development of gold projects. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Taiga Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TGC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.0%

TGC

-0.3%

CA Metals and Mining

0.07%

CA Market


1 Year Return

140.0%

TGC

51.7%

CA Metals and Mining

-3.6%

CA Market

Return vs Industry: TGC exceeded the Canadian Metals and Mining industry which returned 49.1% over the past year.

Return vs Market: TGC exceeded the Canadian Market which returned -4% over the past year.


Shareholder returns

TGCIndustryMarket
7 Day-10.0%-0.3%0.07%
30 Day-5.3%-0.2%2.1%
90 Day-7.7%-7.1%1.8%
1 Year140.0%140.0%52.8%51.7%-0.09%-3.6%
3 Yearn/a23.4%21.5%3.7%-6.1%
5 Yearn/a65.1%61.9%31.1%11.6%

Price Volatility Vs. Market

How volatile is Taiga Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Taiga Gold undervalued compared to its fair value and its price relative to the market?

10.04x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: TGC is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TGC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TGC is overvalued based on its PB Ratio (10x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

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

22.6%

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 Taiga Gold 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.


Next Steps

Past Performance

How has Taiga Gold performed over the past 5 years?

-80.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TGC is currently unprofitable.

Growing Profit Margin: TGC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TGC is unprofitable, and losses have increased over the past 5 years at a rate of 80% per year.

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

Earnings vs Industry: TGC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).


Return on Equity

High ROE: TGC has a negative Return on Equity (-484.77%), as it is currently unprofitable.


Next Steps

Financial Health

How is Taiga Gold's financial position?


Financial Position Analysis

Short Term Liabilities: TGC's short term assets (CA$916.1K) exceed its short term liabilities (CA$36.7K).

Long Term Liabilities: TGC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TGC is debt free.

Reducing Debt: TGC 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: TGC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TGC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35% each year


Next Steps

Dividend

What is Taiga Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TGC'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 TGC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Tim Termuende (57 yo)

3.08yrs

Tenure

CA$90,000

Compensation

Mr. Timothy Jay Termuende, B.Sc., P.Geo. also known as Tim, Founded Copper Canyon Resources Ltd., in 2006 and has been its President and Chief Executive Officer since June 2006. Mr. Termuende has been the ...


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Termuende
President3.08yrsCA$90.00k3.19%
CA$ 465.4k
Glen Diduck
CFO, Treasurer & Director3.08yrsCA$45.00k1.82%
CA$ 265.5k
Jesse Campbell
COO & Director3.08yrsCA$26.46k0.38%
CA$ 56.0k
Charles Downie
VP of Exploration & Director3.08yrsCA$73.90k0.51%
CA$ 74.6k
Darren Fach
Company Secretary & Director3.08yrsno data0.53%
CA$ 77.9k
Norman Jordan
Controller2.5yrsno datano data

3.1yrs

Average Tenure

59yo

Average Age

Experienced Management: TGC's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Termuende
President3.08yrsCA$90.00k3.19%
CA$ 465.4k
Glen Diduck
CFO, Treasurer & Director3.08yrsCA$45.00k1.82%
CA$ 265.5k
Jesse Campbell
COO & Director3.08yrsCA$26.46k0.38%
CA$ 56.0k
Charles Downie
VP of Exploration & Director3.08yrsCA$73.90k0.51%
CA$ 74.6k
Darren Fach
Company Secretary & Director3.08yrsno data0.53%
CA$ 77.9k
Paul Allen Reynolds
Independent Director1.17yrsCA$14.07k0.080%
CA$ 11.7k

3.1yrs

Average Tenure

58yo

Average Age

Experienced Board: TGC's board of directors are considered experienced (3.1 years average tenure).


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 26.8%.


Top Shareholders

Company Information

Taiga Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Taiga Gold Corp.
  • Ticker: TGC
  • Exchange: CNSX
  • Founded: 2017
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$14.579m
  • Shares outstanding: 81.00m
  • Website: https://www.taigagold.com

Location

  • Taiga Gold Corp.
  • 44-12th Avenue South
  • Suite 200
  • Cranbrook
  • British Columbia
  • V1C 2R7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGCCNSX (Canadian National Stock Exchange)YesCommon SharesCACADApr 2018
TGGD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2018

Biography

Taiga Gold Corp., a mineral exploration company, focuses on the exploration and development of gold projects. Its flagship project is the Fisher project that covers an area of 33,171 hectares located in Sa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 23:49
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.