TSXV:TEA.H

Stock Analysis Report

Tearlach Resources

Executive Summary

Tearlach Resources Limited engages in the acquisition, exploration, and development of mineral and oil and gas properties in Canada and the United States.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

TEA.H

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

n/a

TEA.H

2.2%

CA Metals and Mining

-2.0%

CA Market

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.


Shareholder returns

TEA.HIndustryMarket
7 Day0%-6.0%-6.2%
30 Day0%-1.0%-5.0%
90 Dayn/a4.9%-2.8%
1 Yearn/a2.9%2.2%1.1%-2.0%
3 Yearn/a-2.8%-4.5%10.7%0.6%
5 Year275.0%275.0%25.0%21.4%27.6%8.9%

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

Valuation

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

4.51x

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.


Next Steps

Future Growth

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

15.0%

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.


Next Steps

Past Performance

How has Tearlach Resources performed over the past 5 years?

49.1%

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


Next Steps

Financial Health

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.


Balance Sheet

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.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

20.4yrs

Average board tenure


CEO

Ray Strafehl 0

0.4yrs

Tenure

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 ...


Board Members

NamePositionTenureCompensationOwnership
Charles Ross
CFO & Director23.2yrsCA$60.00kno data
Raymond Strafehl
President & Director0.4yrsno datano data
Dieter Schindelhauer
Independent Director22.9yrsno datano data
W. Yelder
Independent Director17.9yrsno datano data

20.4yrs

Average Tenure

Experienced Board: TEA.H's board of directors are seasoned and experienced ( 20.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 106.5%.


Top Shareholders

Company Information

Tearlach Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tearlach Resources Limited
  • Ticker: TEA.H
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$9.431m
  • Shares outstanding: 62.87m
  • Website: https://www.tearlach.ca

Location

  • Tearlach Resources Limited
  • 1177 West Hastings Street
  • Suite 2300
  • Vancouver
  • British Columbia
  • V6E 2K3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TEA.HTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 1989

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 02:17
End of Day Share Price2020/01/28 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.