| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
TBX Stock Overview
Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America.
Turmalina Metals Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.34 |
| 52 Week High | CA$0.84 |
| 52 Week Low | CA$0.27 |
| Beta | 2.35 |
| 1 Month Change | 15.00% |
| 3 Month Change | -9.21% |
| 1 Year Change | -57.93% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -45.24% |
Recent News & Updates
We Think Turmalina Metals (CVE:TBX) Can Afford To Drive Business Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although...
Shareholder Returns
| TBX | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -15.9% | 0.4% | -0.8% |
| 1Y | -57.9% | -18.3% | -2.0% |
Return vs Industry: TBX underperformed the Canadian Metals and Mining industry which returned -18.3% over the past year.
Return vs Market: TBX underperformed the Canadian Market which returned -1.9% over the past year.
Price Volatility
| TBX volatility | |
|---|---|
| TBX Average Weekly Movement | 15.7% |
| Metals and Mining Industry Average Movement | 11.8% |
| Market Average Movement | 10.8% |
| 10% most volatile stocks in CA Market | 19.4% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: TBX is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: TBX's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | James Rogers | https://turmalinametals.com |
Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the San Francisco project covering 34,651 hectares located in San Juan Province, Argentina.
Turmalina Metals Fundamentals Summary
| TBX fundamental statistics | |
|---|---|
| Market Cap | CA$23.08m |
| Earnings (TTM) | -CA$4.64m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-5.0x
P/E RatioIs TBX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TBX income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$4.64m |
| Earnings | -CA$4.64m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.069 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did TBX perform over the long term?
See historical performance and comparisonValuation
Is TBX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TBX?
Other financial metrics that can be useful for relative valuation.
| What is TBX's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$23.08m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | -3.6x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does TBX's PB Ratio compare to its peers?
| TBX PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 8.4x | ||
BMET BeMetals | 0.7x | n/a | CA$23.1m |
PE Pure Energy Minerals | 0.7x | n/a | CA$23.1m |
JZR Jazz Resources | 7.9x | n/a | CA$23.2m |
ALCU Alpha Copper | 2.6x | n/a | CA$23.2m |
TBX Turmalina Metals | 5.7x | n/a | CA$23.1m |
Price-To-Book vs Peers: TBX is good value based on its Price-To-Book Ratio (5.7x) compared to the peer average (8.4x).
Price to Earnings Ratio vs Industry
How does TBX's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: TBX is expensive based on its Price-To-Book Ratio (5.7x) compared to the Canadian Metals and Mining industry average (1.6x)
Price to Book Ratio vs Fair Ratio
What is TBX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 5.7x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate TBX's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TBX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TBX (CA$0.35) is trading below our estimate of fair value (CA$24.6)
Significantly Below Fair Value: TBX is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Turmalina Metals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.6%
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TBX's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if TBX's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if TBX's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if TBX's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if TBX's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TBX's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Turmalina Metals performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-27.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBX is currently unprofitable.
Growing Profit Margin: TBX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TBX is unprofitable, and losses have increased over the past 5 years at a rate of 27.1% per year.
Accelerating Growth: Unable to compare TBX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TBX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-15.8%).
Return on Equity
High ROE: TBX has a negative Return on Equity (-113.96%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Turmalina Metals's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: TBX's short term assets (CA$2.5M) exceed its short term liabilities (CA$125.7K).
Long Term Liabilities: TBX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TBX is debt free.
Reducing Debt: TBX has not had any debt for 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: TBX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TBX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.6% each year
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Dividend
What is Turmalina Metals's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TBX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TBX'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 TBX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TBX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TBX has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
James Rogers (33 yo)
0.083
Tenure
Mr. James Rogers serves as Chief Executive Officer at Turmalina Metals Corp. since July 20, 2022 and has been its Director since July 2022. He served as a Director at Jazz Resources Inc. since December 16,...
Leadership Team
Experienced Management: TBX's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: TBX's board of directors are not considered experienced ( 1.6 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: TBX 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
Turmalina Metals Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Turmalina Metals Corp.
- Ticker: TBX
- Exchange: TSXV
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: CA$23.080m
- Shares outstanding: 66.90m
- Website: https://turmalinametals.com
Location
- Turmalina Metals Corp.
- 850 West Hastings Street
- Suite 400
- Vancouver
- British Columbia
- V6C 1E1
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/06 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.