Tantalex Lithium Resources Past Earnings Performance

Past criteria checks 0/6

Tantalex Lithium Resources's earnings have been declining at an average annual rate of -31.1%, while the Metals and Mining industry saw earnings growing at 29.2% annually.

Key information

-31.1%

Earnings growth rate

-7.3%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	n/a
Return on equity	n/a
Net Margin	n/a
Last Earnings Update	30 Nov 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Tantalex Lithium Resources makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CNSX:TTX Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
30 Nov 23	-11	13
31 Aug 23	-11	11
31 May 23	-8	12
28 Feb 23	-8	11
30 Nov 22	-16	15
31 Aug 22	-19	15
31 May 22	-20	12
28 Feb 22	-15	11
30 Nov 21	-14	7
31 Aug 21	-4	2
31 May 21	-4	2
28 Feb 21	-5	2
30 Nov 20	-4	4
31 Aug 20	-3	4
31 May 20	-4	4
29 Feb 20	-3	4
30 Nov 19	-2	1
31 Aug 19	-3	2
31 May 19	-3	2
28 Feb 19	-5	5
30 Nov 18	-5	5
31 Aug 18	-5	5
31 May 18	-4	4
28 Feb 18	-2	2
30 Nov 17	-2	2
31 Aug 17	-3	3
31 May 17	-3	3
28 Feb 17	-2	2
30 Nov 16	-3	2
31 Aug 16	-2	1
31 May 16	-1	1
29 Feb 16	-1	1
30 Nov 15	-1	1
31 Aug 15	-1	1
31 May 15	-1	1
28 Feb 15	-1	1
30 Nov 14	-2	1
31 Aug 14	-2	2
31 May 14	-2	1
28 Feb 14	-1	1
30 Nov 13	-1	1

Quality Earnings: TTX is currently unprofitable.

Growing Profit Margin: TTX is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TTX is unprofitable, and losses have increased over the past 5 years at a rate of 31.1% per year.

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

Earnings vs Industry: TTX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-26.1%).

Return on Equity

High ROE: TTX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Tantalex Lithium Resources Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Tantalex Lithium Resources Corp. announced that it expects to receive $2.999985 million in funding

New major risk - Financial position

Tantalex Lithium Resources Corp. Announces First Tin and Tantaleum Concentrates Production Ready for Export

Tantalex Lithium Resources Corp. Files NI 43-101 Preliminary Economic Assessment Report for Manono Lithium Tailings Project

New major risk - Share price stability

Tantalex Lithium Resources Corp. announced that it has received CAD 1.30049 million in funding

Tantalex Lithium Resources Corp. announced that it has received CAD 1.10049 million in funding

New minor risk - Share price stability

New minor risk - Shareholder dilution

Tantalex Lithium Resources Corp. announced that it expects to receive CAD 1.709649 million in funding

Tantalex Lithium Resources Corp., Annual General Meeting, Aug 02, 2023

Tantalex Lithium Resources Corp. Provides an Update on Operational Activities

Director recently bought CA$60k worth of stock

Director recently bought CA$84k worth of stock

United Cominiere SAS Started Exploration Drilling on the Pegmatite Corridor Which Is Immediately Downstrike from the World's Largest Undeveloped Hard Rock Lithium Resource

No independent directors

Tantalex Lithium Resources Corp. announced that it has received CAD 1.218424 million in funding

Tantalex Lithium Resources Corp. Announces That the Final Assay Results Received from It's 2022 Infill Drilling Program on the K Dump Has Returned an Average Grade 0,946% Li2O from Surface

Tantalex Lithium Announces Results of the Metallurgical Testwork on A 331 Kg Composite Bulk Sample Collected from the K-Dump At Manono Reclamation Project Located in the Tanganyika Province of the Democratic Republic of Congo

Tantalex Lithium Resources Corp. Announces Assay Results Received to Date from It's 2117M Infill Drilling Program

Tantalex Lithium Resources Corp. announced that it has received $1.231784 million in funding

No independent directors

Tantalex Resources Corporation Provides Additional Assay Results Received from Drill Holes in the K Dump

Tantalex Resources Corporation Provides Overview of It's Exploration Activities for 2022

Tantalex Resources Corporation Reports Results from Initial Phase 1 Drilling Assay Results from 5 Dumps At Manono Lithium Tailings Project

Tantalex Resources Corporation announced that it has received CAD 0.5 million in funding

Tantalex Resources Corporation announced that it has received CAD 0.5 million in funding

CEO, President & Director exercised options to buy CA$475k worth of stock.

Tantalex Resources Provides Update on Drilling Aa Manono- Kitotolo Lithium & Tin Tailings

Tantalex Resources Corporation Announces the Commencement of Drilling Works on the Manono-Kitotolo Lithium and Tin Tailings Project

Tantalex Resources Corporation Appoints Yves Kabongo to Its Board of Directors

Tantalex Resources Corporation Enters into Non-Binding Mou Agreement with Ximei Resources (Hong Kong) Limited to Enter into Cooperation Model for Establishing Tantalum Refining Plant in the Manono Region, Tanganyika, in the Democratic Republic of the Congo

An undisclosed buyer acquired United Materials Congo SARL and United Cominière SAS from Tantalex Resources Corporation (CNSX:TTX).

Tantalex Resources Corporation announced that it has received CAD 1 million in funding from International Cobalt Corp.

Revenue & Expenses BreakdownBeta

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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Revenue & Expenses Breakdown
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