Tarachi Gold Past Earnings Performance

Past criteria checks 0/6

Tarachi Gold's earnings have been declining at an average annual rate of -54%, while the Metals and Mining industry saw earnings growing at 21.8% annually.

Key information

-54.0%

Earnings growth rate

-27.6%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	n/a
Return on equity	-96.2%
Net Margin	n/a
Last Earnings Update	30 Apr 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Tarachi Gold makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CNSX:TRG Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
30 Apr 24	-3	0
31 Jan 24	-11	0
31 Oct 23	-17	1
31 Jul 23	-18	1
30 Apr 23	-16	1
31 Jan 23	-9	1
31 Oct 22	-2	1
31 Jul 22	-2	1
30 Apr 22	-1	0
31 Jan 22	-1	1
31 Oct 21	-2	2
31 Jul 21	-4	3
30 Apr 21	-5	4
31 Jan 21	-4	3
31 Oct 20	-3	2
31 Jul 20	-1	1
30 Apr 20	0	0
31 Jan 20	0	0
31 Oct 19	0	0
31 Jul 19	0	0
30 Apr 19	0	0
31 Jan 19	0	0
31 Oct 18	0	0
31 Jul 18	0	0
30 Apr 18	0	0
31 Jan 18	0	0
31 Oct 17	0	0
31 Jul 17	0	0

Quality Earnings: TRG is currently unprofitable.

Growing Profit Margin: TRG is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRG is unprofitable, and losses have increased over the past 5 years at a rate of 54% per year.

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

Earnings vs Industry: TRG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.3%).

Return on Equity

High ROE: TRG has a negative Return on Equity (-96.23%), as it is currently unprofitable.

Tarachi Gold Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Prospector, LLC cancelled the acquisition of Tarachi Gold Corp. (CNSX:TRG) in a reverse merger transaction.

New major risk - Financial data availability

Prospector, LLC signed a letter of intent to acquire Tarachi Gold Corp. (CNSX:TRG) in a reverse merger transaction.

High number of new directors

Tarachi Gold Corp., Annual General Meeting, Feb 20, 2024

New major risk - Financial position

Tarachi Gold Corp., Annual General Meeting, Jan 16, 2024

Less than half of directors are independent

Compañia Minera de Atocha S.A. de C.V. completed the acquisition of TGMEX Silver S.A. DE C.V from Tarachi Gold Corp.

Compañia Minera de Atocha S.A. de C.V. entered into a binding letter of agreement to acquire TGMEX Silver S.A. DE C.V from Tarachi Gold Corp. for $5.7 million

Tarachi Gold Corp. announced that it expects to receive CAD 0.5 million in funding

High number of new and inexperienced directors

Tarachi Gold Corp. Receives Final Metallurgy Results for Magistral

Tarachi Gold Corp. Presents Update on the Progress of Its Magistral Mill and Tailings Project ("Magistral") in Mexico

High number of new and inexperienced directors

Tarachi Gold Corp., Annual General Meeting, Apr 19, 2022

Tarachi Gold Corp. announced that it expects to receive CAD 4 million in funding from Ausenco Engineering Canada Inc.

Tarachi Gold Corp. Plans for an Initial Field Exploration Program on the La Texana Property in Sonora, Mexico

Tarachi Gold Corp. Announces Results of Preliminary Economic Assessment for its Magistral Mill and Tailings Project in Durango, Mexico

Tarachi Gold Corp. Announces Drill Results from San Javier Concession in Sonora, Mexico

Tarachi Gold Corp. Announces the Positive Bottle Roll Cyanide Leaching Results from Three Samples of Drill Core from the Company's Jabali Concession in Sonora, Mexico

Tarachi Gold Corp. Commences Second Diamond Drilling Program at La Colorada Breccia Pipe on its Javier Concession in Sonora, Mexico

Tarachi Gold Corp. Announces Additional Assay Results from Surface Reverse Circulation Drill Holes At Historic La Dura Mine in Sonora, Mexico

Tarachi Gold Completes Tailings Drilling Program at Magistral Project in Durango, Mexico

Tarachi Gold Corp. Reports Visible Gold Seen in RC Drill Cuttings on the Jabali Concession in Sonora, Mexico

Tarachi Gold Corp. Announces Completion of Additional Assay Results from Underground Diamond Drill Holes at the Historic La Dura Mine on its Jabali Concession

Tarachi Gold Corp. Provides an Update for its Ongoing Drilling at its Portfolio of Projects in Mexico

Tarachi Gold Corp. (CNSX:TRG) completed the acquisition of Certain Assets Related to the Magistral del Oro Tailing Processing Plant in Durango, Mexico from Manto Resources S.A. de C.V.

Tarachi Gold Corp. Announces the Start of the Second Phase of Underground Drilling At the Historic La Dura Mine on March 1, 2021

New 90-day high: CA$0.40

Tarachi Gold Corp. Drilling Returns 5.39 g/t Gold over 5.6 Meters and Discovers Mineralized Breccia Pipe At San Javier Concession in Sonora, Mexico

Tarachi Gold Corp. Announces Outlook for 2021

New 90-day low: CA$0.30

New 90-day low: CA$0.33

Tarachi Drills 5.05 G/T Gold over 20.75 Metres and Discovers Additional Gold Zone at Historic La Dura Mine in Sonora, Mexico

Tarachi Gold Corp. Announces Management Changes

Tarachi Gold Corp. Announces Executive Changes

Tarachi Gold Corp. Announce Initial Assay Results from Underground Diamond Drill Holes Completed At the Historic La Dura Mine

New 90-day low: CA$0.36

Tarachi Gold Corp. (CNSX:TRG) entered into a non-binding letter of intent to acquire Certain Assets Related to the Magistral del Oro Tailing Processing Plant in Durango, Mexico from Manto Resources S.A. de C.V. for $8.9 million.

New 90-day low: CA$0.37

Tarachi Gold Corp. announced that it has received CAD 9.487442 million in funding

Tarachi Gold Corp. announced that it expects to receive CAD 5 million in funding

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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