TSXV:TAJ

Stock Analysis Report

Executive Summary

Tajiri Resources Corp., an exploration stage company, acquires, evaluates, explores for, and develops mineral properties.

Risk Analysis

Earnings have declined by -5.99% per year over past 5 years

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (CA$5M)

+ 2 more risks


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Tajiri Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TAJ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-26.7%

TAJ

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

n/a

TAJ

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: Insufficient data to determine how TAJ performed against the Canadian Metals and Mining industry.

Return vs Market: Insufficient data to determine how TAJ performed against the Canadian Market.


Shareholder returns

TAJIndustryMarket
7 Day-26.7%2.4%0.6%
30 Day-26.7%1.2%0.5%
90 Day22.2%6.6%3.6%
1 Yearn/a5.0%4.4%9.1%5.8%
3 Year-72.5%-72.5%-10.4%-11.9%15.4%5.0%
5 Year450.0%450.0%22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Tajiri Resources undervalued compared to its fair value and its price relative to the market?

1.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TAJ is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.6%

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 Tajiri Resources 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 Tajiri Resources performed over the past 5 years?

-6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAJ is currently unprofitable.

Growing Profit Margin: TAJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TAJ is unprofitable, and losses have increased over the past 5 years at a rate of -6% per year.

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

Earnings vs Industry: TAJ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: TAJ has a negative Return on Equity (-16.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Tajiri Resources's financial position?


Financial Position Analysis

Short Term Liabilities: TAJ's short term assets (CA$61.2K) do not cover its short term liabilities (CA$305.1K).

Long Term Liabilities: TAJ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAJ is debt free.

Reducing Debt: TAJ had no debt 5 years ago.


Balance Sheet

Inventory Level: TAJ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TAJ's debt is covered by short term assets.


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

Forecast Cash Runway: TAJ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -33.6% each year


Next Steps

Dividend

What is Tajiri Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate TAJ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TAJ's dividends per share have been stable in the past.

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

3.9yrs

Average board tenure


CEO

Graham Keevil (34yo)

6.6yrs

Tenure

CA$55,500

Compensation

Mr. Graham Keevil has been the Chief Executive Officer and President of Tajiri Resources Corp. since July 2013 and served as its Corporate Secretary since March 9, 2016. Mr. Keevil served as the Chief Exec ...


CEO Compensation Analysis

Compensation vs Market: Graham's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Graham's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Graham Keevil
President6.6yrsCA$55.50k1.38% CA$63.6k
M. Bhamji
CFO, Secretary & Director7.4yrsCA$49.00k1.9% CA$87.7k
Dominic O'Sullivan
Executive Chairman3.9yrsno data20.15% CA$928.7k
Roger Connors
Independent Director0.9yrsno datano data
Robert Power
Independent Director3.9yrsno data5.97% CA$275.0k

3.9yrs

Average Tenure

Experienced Board: TAJ's board of directors are considered experienced (3.9 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 substantially diluted in the past year, with total shares outstanding growing by 50.1%.


Top Shareholders

Company Information

Tajiri Resources Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tajiri Resources Corp.
  • Ticker: TAJ
  • Exchange: TSXV
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$4.609m
  • Shares outstanding: 83.80m
  • Website: https://www.tajiriresources.com

Location

  • Tajiri Resources Corp.
  • 409 Granville Street
  • Suite 608
  • Vancouver
  • British Columbia
  • V6C 1T2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TAJTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2009

Biography

Tajiri Resources Corp., an exploration stage company, acquires, evaluates, explores for, and develops mineral properties. The company primarily explores for gold deposits. It holds 100% interest in the Reo Gold Project located in Burkina Faso. The company has an agreement to earn 100% interest in the Frenchman’s Creek mine, Winter’s mine, and Kanaimapu mine, which are located in Guyana; and has an option agreement to earn 100% interest in the Reo Gold project, Burkina Faso. Tajiri Resources Corp. is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:23
End of Day Share Price2020/02/14 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


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.