Tethyan Resources plc engages in the identification, acquisition, exploration, and development of mineral projects primarily in the Balkans region of Eastern Europe.
The last earnings update was 112 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Tethyan Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Tethyan Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Tethyan 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Tethyan Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Tethyan Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Tethyan Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Tethyan Resources is high growth as no earnings estimate data is available.
Unable to determine if Tethyan Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Tethyan Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Tethyan Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Tethyan Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Tethyan Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Tethyan Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Tethyan Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Jerrold Annett serves as President, Chief Executive Officer and Executive Director at Tethyan Resources plc since January 2019. Mr. Annett has been Senior Vice President of Corporate Development at Arizona Mining Inc. since June 2017. Mr. Annett served as Senior Vice President of Corporate Development at Titan Mining Corporation until 2019. He serves as a Manager for By-Products and Copper Metal Sales for a subsidiary of one of the largest international mining companies in the world. Mr. Annett assists Industrial Minerals Inc. in preparing a detailed marketing study for future product sales and manages its efforts in the areas of Research and Development and Government Grants. He has over 11 years of experience with Teck and Falconbridge and an additional 10 years in capital markets, most recently with Scotiabank. Previously, he served as Technical Sales Manager for Teck-Cominco American Inc. (Chemical Sales), where he was Sales Manager for copper products produced at the Trail, British Columbia, Canada smelter and responsible for industrial chemicals product support. Mr. Annett served as Senior Process Metallurgist at the Quebrada Blanca Mine in Chile and as a Development Engineer at the Sullivan Mine in British Columbia, Canada, both owned by Teck-Cominco. Mr. Annett is a Professional Engineer in Mining Engineering with a specialty in metallurgy from Queen's University. He served as a Member of Advisory Board of Mindesta Inc. (formerly, Industrial Minerals Inc.), since November 3, 2006. He was ranked a Brendan Woods Top Gun Super League Sales Professional during the last two surveys in 2015 and 2012. Mr. Annett holds a Bachelor of Science Degree in Mining Engineering (Mineral Processing) from Queen's University in Kingston, Ontario.
Insufficient data for Jerrold to compare compensation growth.
Insufficient data for Jerrold to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Tethyan Resources management team is less than 2 years, this suggests a new team.
President & COO
Chief Financial Officer
Vice President of Investor Relations & Strategic Analysis
VP of Development & Executive Director
Adviser of Geology
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Tethyan Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
VP of Development & Executive Director
Chairman of Advisory Board
Member of Advisory Board
Member of Advisory Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Tethyan Resources insiders in the past 3 months.
Tethyan Resources plc engages in the identification, acquisition, exploration, and development of mineral projects primarily in the Balkans region of Eastern Europe. The company explores for gold, copper, silver, porphyry, and other minerals. It also holds an option agreement to acquire 100% interest in the Suva Ruda project that covers an area of 87 square kilometers; and 80% interest in the Gokcanica project, which covers an area of 110 square kilometers located in southern Serbia. The company was formerly known as Aurasian Minerals plc and changed its name to Tethyan Resources plc in July 2016. Tethyan Resources plc was incorporated in 1999 and is headquartered in St Helier, Jersey.
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