Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Trifecta Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TG has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: TG underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: TG underperformed the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Trifecta Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Trifecta Gold Ltd. (CVE:TG) A Volatile Stock?
2 months ago | Simply Wall StHow Many Trifecta Gold Ltd. (CVE:TG) Shares Do Institutions Own?
4 months ago | Simply Wall StCan Trifecta Gold (CVE:TG) Afford To Invest In Growth?
Is Trifecta Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: TG is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TG is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (1.6x).
How is Trifecta Gold 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 Trifecta Gold 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.
- Examine Trifecta Gold'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.
- Trifecta Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Trifecta Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TG is currently unprofitable.
Growing Profit Margin: TG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TG is unprofitable, and losses have increased over the past 5 years at a rate of -14.2% per year.
Accelerating Growth: Unable to compare TG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: TG has a negative Return on Equity (-27.36%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Trifecta Gold's financial position?
Financial Position Analysis
Short Term Liabilities: TG's short term assets (CA$100.7K) exceed its short term liabilities (CA$26.1K).
Long Term Liabilities: TG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TG is debt free.
Reducing Debt: TG has not had any debt for past 5 years.
Inventory Level: TG has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TG's debt is 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: TG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22.3% each year
What is Trifecta Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TG'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 TG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TG'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 TG'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 management tenure
Richard Drechsler 0
Mr. Richard Micheal Drechsler, B.Sc., has been Interim President and CEO of Trifecta Gold Ltd. since April 30, 2019. He serves as the Vice President of Communications at Silver Range Resources Ltd. Mr. Dr ...
|Interim President||0.8yrs||no data||0.93% CA$10.4k|
|Chief Financial Officer||3.3yrs||CA$46.80k||no data|
|Secretary||3.3yrs||no data||1.25% CA$14.0k|
Experienced Management: TG's management team is considered experienced (3.3 years average tenure).
|Interim President||0.8yrs||no data||0.93% CA$10.4k|
|Independent Director||3.3yrs||no data||no data|
|Independent Director||3.3yrs||no data||0.88% CA$9.8k|
|Independent Director||3.3yrs||no data||0.33% CA$3.7k|
|Independent Director||3.3yrs||no data||0.030% CA$333.3|
Experienced Board: TG's board of directors are considered experienced (3.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.2%.
Trifecta Gold Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Trifecta Gold Ltd.
- Ticker: TG
- Exchange: TSXV
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Market Cap: CA$1.120m
- Shares outstanding: 37.32m
- Website: https://www.trifectagold.com
- Trifecta Gold Ltd.
- 510 West Hastings Street
- Suite 1016
- British Columbia
- V6B 1L8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|49T||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 2017|
|TG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jun 2017|
|TRRF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 2017|
Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold and silver deposits. The company principally holds 100% interests in the Eureka project covering an area of 70 square kilometers; and Treble project located in Yukon, Canada. It also has an option agreement to acquire 100% interests in the Trident project located in Yukon, Canada; and 75% interests in the Yuge property located in Humboldt County, Nevada. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 02:29|
|End of Day Share Price||2020/02/24 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.