TSXV:TAJ

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

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

0%

TAJ

-2.5%

CA Metals and Mining

-1.2%

CA Market


1 Year Return

428.6%

TAJ

53.1%

CA Metals and Mining

-4.5%

CA Market

Return vs Industry: TAJ exceeded the Canadian Metals and Mining industry which returned 54.7% over the past year.

Return vs Market: TAJ exceeded the Canadian Market which returned -3.8% over the past year.


Shareholder returns

TAJIndustryMarket
7 Day0%-2.5%-1.2%
30 Day-7.5%-6.8%-0.03%
90 Day19.4%-3.9%0.9%
1 Year428.6%428.6%54.3%53.1%-1.0%-4.5%
3 Year85.0%85.0%49.7%46.7%6.4%-4.0%
5 Year1,750.0%1,750.0%139.5%132.2%34.5%13.8%

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?

5.43x

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 CA 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 overvalued based on its PB Ratio (5.4x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

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

22.3%

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?

5.0%

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, but has reduced losses over the past 5 years at a rate of 5% 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 (78.5%).


Return on Equity

High ROE: TAJ has a negative Return on Equity (-22.1%), as it is currently unprofitable.


Next Steps

Financial Health

How is Tajiri Resources's financial position?


Financial Position Analysis

Short Term Liabilities: TAJ's short term assets (CA$58.7K) do not cover its short term liabilities (CA$211.8K).

Long Term Liabilities: TAJ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAJ is debt free.

Reducing Debt: TAJ has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.


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: TAJ has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TAJ is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TAJ'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 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?

4.6yrs

Average board tenure


CEO

Graham Keevil (35 yo)

7.25yrs

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 ($USD0.00) is below average for companies of similar size in the Canadian market ($USD170.66K).

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


Board Members

NamePositionTenureCompensationOwnership
Graham Keevil
President7.25yrsCA$55.50k1.23%
CA$ 247.3k
M. Bhamji
CFO, Secretary & Director8.08yrsCA$49.00k1.55%
CA$ 313.4k
Dominic O'Sullivan
Executive Chairman4.58yrsno data15.48%
CA$ 3.1m
Roger Connors
Independent Director1.58yrsno datano data
Robert Power
Independent Director4.58yrsno data4.59%
CA$ 925.0k

4.6yrs

Average Tenure

Experienced Board: TAJ's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TAJ 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 38.6%.


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$20.173m
  • Shares outstanding: 109.04m
  • Website: https://www.tajirigold.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. It holds interests in gold projects covering Kaburi, Gargantuan, and Epeius located ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 00:24
End of Day Share Price2020/10/07 00:00
Earnings2020/04/30
Annual Earnings2020/04/30


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.