Tearlach Resources Limited engages in the acquisition, exploration, and development of mineral and oil and gas properties in Canada and the United States.
+ 1 more risk
Slightly overvalued with questionable track record.
Share Price & News
How has Tearlach Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TEA.H's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how TEA.H performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how TEA.H performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Tearlach Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Tearlach Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TEA.H's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TEA.H's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TEA.H is good value based on its PE Ratio (4.5x) compared to the Metals and Mining industry average (15.7x).
PE vs Market: TEA.H is good value based on its PE Ratio (4.5x) compared to the Canadian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TEA.H's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TEA.H has negative assets, so we can't compare its PB Ratio to the CA Metals and Mining industry average.
How is Tearlach Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Tearlach 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.
- Take a look at our analysis of TEA.H’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Tearlach Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Tearlach Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEA.H has a large one-off gain of CA$1.8M impacting its September 30 2019 financial results.
Growing Profit Margin: TEA.H became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TEA.H has become profitable over the past 5 years, growing earnings by 49.1% per year.
Accelerating Growth: TEA.H has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TEA.H has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: TEA.H's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Tearlach Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TEA.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TEA.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TEA.H has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TEA.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: TEA.H has a low level of unsold assets or inventory.
Debt Coverage by Assets: TEA.H has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: TEA.H is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: TEA.H is profitable, therefore cash runway is not a concern.
What is Tearlach Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TEA.H's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TEA.H'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 TEA.H's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TEA.H'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 TEA.H's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ray Strafehl 0
Mr. Raymond P. Strafehl, also known as Ray, has been President of Tearlach Resources Limited since September 2019. Mr. Strafehl serves as the Chief Executive Officer at RedLine Minerals Inc. since March 20 ...
|CFO & Director||23.2yrs||CA$60.00k||no data|
|President & Director||0.4yrs||no data||no data|
|Independent Director||22.9yrs||no data||no data|
|Independent Director||17.9yrs||no data||no data|
Experienced Board: TEA.H's board of directors are seasoned and experienced ( 20.4 years average tenure).
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 106.5%.
Tearlach Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Tearlach Resources Limited
- Ticker: TEA.H
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$9.431m
- Shares outstanding: 62.87m
- Website: https://www.tearlach.ca
- Tearlach Resources Limited
- 1177 West Hastings Street
- Suite 2300
- British Columbia
- V6E 2K3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TEA.H||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 1989|
Tearlach Resources Limited engages in the acquisition, exploration, and development of mineral and oil and gas properties in Canada and the United States. The company is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 02:17|
|End of Day Share Price||2020/01/28 00:00|
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.