TSXV:TG

Stock Analysis Report

Executive Summary

Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada.


Snowflake Analysis

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.


Market Performance


7 Day Return

-25.0%

TG

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

-40.0%

TG

6.8%

CA Metals and Mining

2.5%

CA Market

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.


Shareholder returns

TGIndustryMarket
7 Day-25.0%3.5%-1.5%
30 Day-14.3%5.0%-0.7%
90 Day-14.3%14.3%1.8%
1 Year-40.0%-40.0%7.5%6.8%5.7%2.5%
3 Yearn/a2.8%1.0%16.8%6.2%
5 Yearn/a29.1%25.4%32.0%12.8%

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

Valuation

Is Trifecta Gold undervalued compared to its fair value and its price relative to the market?

0.56x

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).


Next Steps

Future Growth

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

13.0%

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 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.


Next Steps

Past Performance

How has Trifecta Gold performed over the past 5 years?

-14.2%

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


Next Steps

Financial Health

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.


Balance Sheet

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


Next Steps

Dividend

What is Trifecta Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

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.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Richard Drechsler 0

0.8yrs

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Drechsler
Interim President0.8yrsno data0.93% CA$10.4k
Larry Donaldson
Chief Financial Officer3.3yrsCA$46.80kno data
Glenn Yeadon
Secretary3.3yrsno data1.25% CA$14.0k

3.3yrs

Average Tenure

Experienced Management: TG's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Drechsler
Interim President0.8yrsno data0.93% CA$10.4k
Bradley Shisler
Independent Director3.3yrsno datano data
Bruce Kenway
Independent Director3.3yrsno data0.88% CA$9.8k
Rosalie Moore
Independent Director3.3yrsno data0.33% CA$3.7k
Graham Downs
Independent Director3.3yrsno data0.030% CA$333.3

3.3yrs

Average Tenure

49yo

Average Age

Experienced Board: TG's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.2%.


Top Shareholders

Company Information

Trifecta Gold Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Trifecta Gold Ltd.
  • 510 West Hastings Street
  • Suite 1016
  • Vancouver
  • British Columbia
  • V6B 1L8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
49TDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2017
TGTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2017
TRRF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2017

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 02:29
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.