TSX:TV

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, and development of mineral properties. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Trevali Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TV's weekly volatility has decreased from 16% to 11% over the past year.


Market Performance


7 Day Return

-10.0%

TV

-0.7%

CA Metals and Mining

1.8%

CA Market


1 Year Return

56.5%

TV

27.7%

CA Metals and Mining

16.0%

CA Market

Return vs Industry: TV exceeded the Canadian Metals and Mining industry which returned 27.7% over the past year.

Return vs Market: TV exceeded the Canadian Market which returned 16% over the past year.


Shareholder returns

TVIndustryMarket
7 Day-10.0%-0.7%1.8%
30 Day-7.7%-5.4%2.9%
90 Day-10.0%-4.0%6.8%
1 Year56.5%56.5%28.9%27.7%20.3%16.0%
3 Year-87.3%-87.3%42.0%39.0%24.7%12.8%
5 Year-52.0%-52.0%75.6%70.2%56.3%32.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Trevali Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TV (CA$0.18) is trading below our estimate of fair value (CA$0.52)

Significantly Below Fair Value: TV is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: TV 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 TV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TV is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (2.7x).


Next Steps

Future Growth

How is Trevali Mining forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

62.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: TV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TV's is expected to become profitable in the next 3 years.

Revenue vs Market: TV's revenue (0.2% per year) is forecast to grow slower than the Canadian market (7.6% per year).

High Growth Revenue: TV's revenue (0.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TV's Return on Equity is forecast to be low in 3 years time (1.2%).


Next Steps

Past Performance

How has Trevali Mining performed over the past 5 years?

-56.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TV is currently unprofitable.

Growing Profit Margin: TV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TV is unprofitable, and losses have increased over the past 5 years at a rate of 56.5% per year.

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

Earnings vs Industry: TV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (58%).


Return on Equity

High ROE: TV has a negative Return on Equity (-108.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is Trevali Mining's financial position?


Financial Position Analysis

Short Term Liabilities: TV's short term assets ($141.8M) exceed its short term liabilities ($73.1M).

Long Term Liabilities: TV's short term assets ($141.8M) do not cover its long term liabilities ($272.8M).


Debt to Equity History and Analysis

Debt Level: TV's debt to equity ratio (59%) is considered high.

Reducing Debt: TV's debt to equity ratio has increased from 28.8% to 59% over the 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: TV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Trevali Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TV'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 TV'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?

2.4yrs

Average management tenure


CEO

Ricus Grimbeek (50 yo)

1.92yrs

Tenure

US$1,802,382

Compensation

Mr. Johannes Fredericus Grimbeek, also known as Ricus, BEng, serves as the President and Chief Executive Officer of Trevali Mining Corporation since April 23, 2019 and has been its Director since March 30,...


CEO Compensation Analysis

Compensation vs Market: Ricus's total compensation ($USD1.80M) is above average for companies of similar size in the Canadian market ($USD151.81K).

Compensation vs Earnings: Insufficient data to compare Ricus's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Johannes Grimbeek
President1.92yrsUS$1.80mno data
Steven Molnar
Chief Legal Officer & Corporate Secretary2.67yrsUS$480.29k0.0048%
$ 8.5k
Yan Bourassa
Vice President of Exploration & Mineral Resources2.67yrsUS$456.44kno data
Brendan Creaney
CFO & VP of Investor Relations0.58yrno data0.0051%
$ 9.0k
Derek du Preez
Chief Technology Officer1.67yrsno datano data
Joanne Thomopoulos
Chief People Officer2.42yrsno data0.0044%
$ 7.9k
Charles Melbye
Consultant9yrsUS$70.99kno data

2.4yrs

Average Tenure

Experienced Management: TV's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Johannes Grimbeek
President1.92yrsUS$1.80mno data
Russell Ball
Independent Director3.42yrsUS$120.64k0.022%
$ 39.1k
Jeane Hull
Director0.083yrno datano data
Richard J. Williams
Independent Director1.75yrsUS$65.88k0.015%
$ 27.0k
Jill Gardiner
Independent Chair of the Board1yrUS$50.74k0.0076%
$ 13.5k
Dan Isserow
Independent Director3.42yrsUS$141.39k0.0016%
$ 2.8k
Nickola Popovic
Director0.50yrno datano data
Aline Cote
Director0.50yrno datano data

1.0yrs

Average Tenure

52.5yo

Average Age

Experienced Board: TV's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


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 23.2%.


Top Shareholders

Company Information

Trevali Mining Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trevali Mining Corporation
  • Ticker: TV
  • Exchange: TSX
  • Founded: 1964
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$178.037m
  • Shares outstanding: 989.09m
  • Website: https://www.trevali.com

Number of Employees


Location

  • Trevali Mining Corporation
  • 1900 - 999 West Hastings Street
  • Vancouver
  • British Columbia
  • V6C 2W2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TREV.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2008
4TIDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2008
TVTSX (The Toronto Stock Exchange)YesCommon SharesCACADFeb 2008
TVBVL (Bolsa de Valores de Lima)YesCommon SharesPEUSDFeb 2008
0VLMLSE (London Stock Exchange)YesCommon SharesGBCADFeb 2008

Biography

Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for zinc, lead, silver, gold, and co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 00:35
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.