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Tethyan Resources

TSXV:TETH
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TETH
TSXV
CA$57M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

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. More info.


Add to Portfolio Compare Print
  • Tethyan Resources has significant price volatility in the past 3 months.
TETH Share Price and Events
7 Day Returns
11.4%
TSXV:TETH
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
200%
TSXV:TETH
-7%
CA Metals and Mining
1.2%
CA Market
TETH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tethyan Resources (TETH) 11.4% 108% 310.5% 200% - -
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • TETH outperformed the Metals and Mining industry which returned -7% over the past year.
  • TETH outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Tethyan Resources's competitors could be found in our database.

TETH Value

 Is Tethyan Resources undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 CA$0.78.
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 Tethyan Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tethyan Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:TETH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £-0.08
TSXV:TETH Share Price ** TSXV (2019-03-19) in CAD CA$0.78
TSXV:TETH Share Price converted to GBP reporting currency Exchange rate (CAD/ GBP) 0.566 £0.44
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Tethyan Resources.

TSXV:TETH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:TETH Share Price ÷ EPS (both in GBP)

= 0.44 ÷ -0.08

-5.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tethyan Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Tethyan Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Tethyan Resources's expected growth come at a high price?
Raw Data
TSXV:TETH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Tethyan Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tethyan Resources's assets?
Raw Data
TSXV:TETH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.04
TSXV:TETH Share Price * TSXV (2019-03-19) in CAD CA$0.78
TSXV:TETH Share Price converted to GBP reporting currency Exchange rate (CAD/ GBP) 0.566 £0.44
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:TETH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:TETH Share Price ÷ Book Value per Share (both in GBP)

= 0.44 ÷ 0.04

11.92x

* Primary Listing of Tethyan Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tethyan Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Tethyan Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Tethyan Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TETH Future Performance

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

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 growth 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 it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tethyan Resources expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
TSXV:TETH Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:TETH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:TETH Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 -3 -3
2018-06-30 -3 -2
2018-03-31 -2 -3
2017-12-31 -2 -3
2017-09-30 -2 -2
2017-06-30 -1 -2
2017-03-31 -1 -2
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 -1 -1
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
TSXV:TETH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Tethyan Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TETH Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 -0.08
2018-06-30 -0.08
2018-03-31 -0.09
2017-12-31 -0.10
2017-09-30 -0.09
2017-06-30 -0.12
2017-03-31 -0.13
2016-12-31
2016-09-30 -0.06
2016-06-30 -0.05
2016-03-31 -0.04
2015-12-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Tethyan Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Tethyan Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Tethyan Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Tethyan Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Tethyan Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Tethyan Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TETH Past Performance

  How has Tethyan Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Tethyan Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Tethyan Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Tethyan Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Tethyan Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Tethyan Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Tethyan Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TETH Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -2.66 2.56
2018-06-30 -2.46 2.40
2018-03-31 -2.52 2.40
2017-12-31 -2.69 2.24
2017-09-30 -2.18 1.81
2017-06-30 -2.10 1.67
2017-03-31 -1.90 1.19
2016-12-31 -1.39 1.03
2016-09-30 -0.75 0.78
2016-06-30 -0.61 0.62
2016-03-31 -0.47 0.46
2015-12-31 -0.48 0.48
2015-09-30 -0.49 0.48
2015-06-30 -0.45 0.46
2015-03-31 -0.42 0.45
2014-12-31 -0.61 0.34
2014-09-30 -0.80 0.24
2014-06-30 -0.81 0.24
2014-03-31 -0.82 0.25
2013-12-31 -2.78 0.39
2013-09-30 -4.74 0.52
2013-06-30 -4.79 0.56
2013-03-31 -4.83 0.61
2012-09-30 -3.95 0.42
2012-06-30 -4.20 0.67
2012-03-31 -4.45 0.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Tethyan Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Tethyan Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Tethyan Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Tethyan Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Tethyan Resources 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.

Full details on the Past part of the Simply Wall St company analysis model.

TETH Health

 How is Tethyan Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

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.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Tethyan Resources Company Filings, last reported 5 months ago.

TSXV:TETH Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1.86 0.00 0.34
2018-06-30 1.44 0.00 0.08
2018-03-31 -0.45 0.59 0.28
2017-12-31 -0.33 0.24 0.06
2017-09-30 0.89 0.00 0.26
2017-06-30 1.20 0.00 0.98
2017-03-31 1.69 0.00 1.05
2016-12-31 1.36 0.00 0.99
2016-09-30 0.62 0.00 0.61
2016-06-30 0.62 0.00 0.61
2016-03-31 0.96 0.00 1.02
2015-12-31 0.96 0.00 1.02
2015-09-30 1.14 0.00 0.66
2015-06-30 1.14 0.00 0.66
2015-03-31 1.21 0.00 0.75
2014-12-31 1.21 0.00 0.75
2014-09-30 1.37 0.00 0.91
2014-06-30 1.37 0.00 0.91
2014-03-31 1.57 0.00 1.04
2013-12-31 1.57 0.00 1.04
2013-09-30 2.21 0.00 1.15
2013-06-30 2.21 0.00 1.15
2013-03-31 2.44 0.00 1.33
2012-09-30 6.86 0.00 1.73
2012-06-30 6.86 0.00 1.73
2012-03-31 7.25 0.00 2.27
  • Tethyan Resources has no debt.
  • Tethyan Resources had no debt 5 years ago.
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.

  • Tethyan Resources has less than a year of cash runway based on current free cash flow.
  • Tethyan Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 57.4% each year.
X
Financial health checks
We assess Tethyan Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Tethyan Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TETH Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Tethyan Resources dividends.
If you bought CA$2,000 of Tethyan Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Tethyan Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tethyan Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:TETH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Tethyan Resources has not reported any payouts.
  • Unable to verify if Tethyan Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tethyan Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tethyan Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Tethyan Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Tethyan Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tethyan Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TETH Management

 What is the CEO of Tethyan Resources's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Jerrold Annett
AGE 47
TENURE AS CEO 0.2 years
CEO Bio

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.

CEO Compensation
  • 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 Tethyan Resources management team in years:

1.2
Average Tenure
47
Average Age
  • The average tenure for the Tethyan Resources management team is less than 2 years, this suggests a new team.
Management Team

Fabian Baker

TITLE
President & COO
COMPENSATION
£68K
AGE
31
TENURE
0.2 yrs

Richard Warke

TITLE
Executive Chairman
AGE
58

Jerrold Annett

TITLE
Executive Director
AGE
47
TENURE
0.2 yrs

Ed Boney

TITLE
Chief Financial Officer

Jacqueline Allison

TITLE
Vice President of Investor Relations & Strategic Analysis

Radomir Vukcevic

TITLE
VP of Development & Executive Director
TENURE
1.2 yrs

Andrew Tunningley

TITLE
Exploration Manager
AGE
36
TENURE
1.2 yrs

Susy Horna

TITLE
Corporate Secretary
TENURE
0.2 yrs

Tim Coughlin

TITLE
Adviser of Geology
AGE
52
TENURE
2.3 yrs

Nick Savic

TITLE
Regional Advisor
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Tethyan Resources board of directors in years:

0.5
Average Tenure
64
Average Age
  • The average tenure for the Tethyan Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Richard Warke

TITLE
Executive Chairman
AGE
58
TENURE
0.2 yrs

Jerrold Annett

TITLE
Executive Director
AGE
47
TENURE
0.2 yrs

Radomir Vukcevic

TITLE
VP of Development & Executive Director
TENURE
0.8 yrs

Dave Royle

TITLE
Chairman of Advisory Board
TENURE
5.1 yrs

Bill Howell

TITLE
Member of Advisory Board
AGE
74

John Catchpole

TITLE
Member of Advisory Board
AGE
64

Mike Andrews

TITLE
Non-Executive Director
AGE
64
TENURE
2.3 yrs

Don Taylor

TITLE
Non-Executive Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Tethyan Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
06. Feb 19 Buy Jerrold Annett Individual 05. Feb 19 06. Feb 19 204,600 CA$0.43 CA$79,276
04. Feb 19 Buy Jerrold Annett Individual 01. Feb 19 04. Feb 19 157,400 CA$0.43 CA$63,297
01. Feb 19 Buy Jerrold Annett Individual 01. Feb 19 01. Feb 19 38,500 CA$0.36 CA$13,300
31. Jan 19 Buy Radomir Vukcevic Individual 30. Jan 19 30. Jan 19 5,000,000 CA$0.25 CA$1,250,002
17. Aug 18 Buy Michael Andrews Individual 16. Aug 18 16. Aug 18 908,000 CA$0.25 CA$227,000
29. Jun 18 Buy Michael Andrews Individual 29. Jun 18 29. Jun 18 2,450,000 CA$0.25 CA$612,501
29. Jun 18 Buy Southern Arc Minerals Inc. Company 29. Jun 18 29. Jun 18 1,600,000 CA$0.25 CA$400,001
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Management checks
We assess Tethyan Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Tethyan Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TETH News

Simply Wall St News

TETH Company Info

Description

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.

Details
Name: Tethyan Resources plc
TETH
Exchange: TSXV
Founded: 1999
CA$56,655,777
72,635,612
Website: http://www.tethyan-resources.com
Address: Tethyan Resources plc
10 Bond Street,
St Helier,
JE2 3NR,
Jersey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TETH Ordinary Shares TSX Venture Exchange CA CAD 15. Jan 2004
Number of employees
Current staff
Staff numbers
10
Tethyan Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:45
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/11/28
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.