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TV

Trevali MiningTSX:TV Stock Report

Last Price

CA$1.40

Market Cap

CA$138.5m

7D

-26.3%

1Y

-22.2%

Updated

27 Jan, 2022

Data

Company Financials +
TV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

TV Stock Overview

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

Rewards

Trading at 60.8% below our estimate of its fair value

Earnings are forecast to grow 17.58% per year

Risk Analysis

No risks detected for TV from our risk checks.

Trevali Mining Competitors

Ivanhoe Mines

TSX:IVN

CA$13.0b

Capstone Mining

TSX:CS

CA$2.5b

Hudbay Minerals

TSX:HBM

CA$2.4b

Impala Platinum Holdings

JSE:IMP

R188.3b

Price History & Performance

Summary of all time highs, changes and price drops for Trevali Mining
Historical stock prices
Current Share PriceCA$1.40
52 Week HighCA$2.75
52 Week LowCA$1.32
Beta2.59
1 Month Change-15.66%
3 Month Change-39.91%
1 Year Change-22.22%
3 Year Change-61.11%
5 Year Change-89.06%
Change since IPO-90.60%

Recent News & Updates

Oct 28
Trevali Mining (TSE:TV) Seems To Be Using A Lot Of Debt

Trevali Mining (TSE:TV) Seems To Be Using A Lot Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

TVCA Metals and MiningCA Market
7D-26.3%0.08%-2.9%
1Y-22.2%0.6%16.1%

Return vs Industry: TV underperformed the Canadian Metals and Mining industry which returned 0.6% over the past year.

Return vs Market: TV underperformed the Canadian Market which returned 16.1% over the past year.

Price Volatility

Is TV's price volatile compared to industry and market?
TV volatility
TV Average Weekly Movement9.9%
Metals and Mining Industry Average Movement10.6%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.7%

Stable Share Price: TV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TV's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964n/aRicus Grimbeekhttps://www.trevali.com

Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for zinc, lead, silver, gold, and copper deposits. The company’s operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; Caribou Mine in the Bathurst mining camp, northern New Brunswick, Canada; and Santander Mine in Peru.

Trevali Mining Fundamentals Summary

How do Trevali Mining's earnings and revenue compare to its market cap?
TV fundamental statistics
Market CapUS$109.93m
Earnings (TTM)-US$44.69m
Revenue (TTM)US$320.96m

0.3x

P/S Ratio

-2.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TV income statement (TTM)
RevenueUS$320.96m
Cost of RevenueUS$214.11m
Gross ProfitUS$106.85m
ExpensesUS$151.54m
Earnings-US$44.69m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 25, 2022

Earnings per share (EPS)-0.45
Gross Margin33.29%
Net Profit Margin-13.92%
Debt/Equity Ratio48.5%

How did TV perform over the long term?

See historical performance and comparison

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$1.4) is trading below our estimate of fair value (CA$3.57)

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 Canadian 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 (0.4x) compared to the CA Metals and Mining industry average (2.4x).


Future Growth

How is Trevali Mining forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

17.6%

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 (1.6%).

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 is expected to decline over the next 3 years (-19.2% per year).

High Growth Revenue: TV's revenue is forecast to decline over the next 3 years (-19.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TV is forecast to be unprofitable in 3 years.


Past Performance

How has Trevali Mining performed over the past 5 years?

-36.7%

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 36.7% 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 (93.2%).


Return on Equity

High ROE: TV has a negative Return on Equity (-19.05%), as it is currently unprofitable.


Financial Health

How is Trevali Mining's financial position?


Financial Position Analysis

Short Term Liabilities: TV's short term assets ($149.4M) do not cover its short term liabilities ($177.7M).

Long Term Liabilities: TV's short term assets ($149.4M) do not cover its long term liabilities ($158.4M).


Debt to Equity History and Analysis

Debt Level: TV's net debt to equity ratio (31.4%) is considered satisfactory.

Reducing Debt: TV's debt to equity ratio has increased from 25.3% to 48.5% 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: Whilst unprofitable TV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.8% per year.


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?

3.3yrs

Average management tenure


CEO

Ricus Grimbeek (51 yo)

2.75yrs

Tenure

US$3,340,135

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 ($USD3.34M) is above average for companies of similar size in the Canadian market ($USD159.18K).

Compensation vs Earnings: Ricus's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: TV's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: TV's board of directors are not considered experienced ( 2.2 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: TV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Trevali Mining Corporation's 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
  • Implied Market Cap: CA$138.525m
  • Shares outstanding: 98.95m
  • Website: https://www.trevali.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/27 00:06
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
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.