Executive Summary
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties.
Risk Analysis
Earnings have declined by -45.35% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 2 more risks
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Triumph Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
4.4%
TIG
2.4%
CA Metals and Mining
0.6%
CA Market
1 Year Return
-42.7%
TIG
4.4%
CA Metals and Mining
5.8%
CA Market
Return vs Industry: TIG underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.
Return vs Market: TIG underperformed the Canadian Market which returned 5.8% over the past year.
Shareholder returns
| TIG | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 2.4% | 0.6% |
| 30 Day | -4.1% | 1.2% | 0.5% |
| 90 Day | -21.7% | 6.6% | 3.6% |
| 1 Year | -42.7%-42.7% | 5.0%4.4% | 9.1%5.8% |
| 3 Year | -51.0%-51.0% | -10.4%-11.9% | 15.4%5.0% |
| 5 Year | 193.8%193.8% | 22.9%19.2% | 33.6%14.0% |
Price Volatility Vs. Market
How volatile is Triumph Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Here's Why We're A Bit Worried About Triumph Gold's (CVE:TIG) Cash Burn Situation3 months ago | Simply Wall St
What Kind Of Shareholder Owns Most Triumph Gold Corp. (CVE:TIG) Stock?7 months ago | Simply Wall St
Is Triumph Gold Corp. (CVE:TIG) A Volatile Stock?Valuation
Is Triumph Gold undervalued compared to its fair value and its price relative to the market?
4.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TIG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TIG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TIG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: TIG 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 TIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIG is overvalued based on its PB Ratio (4.3x) compared to the CA Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Triumph Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.6%
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 Triumph 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
- Examine Triumph 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.
- Triumph Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Triumph Gold performed over the past 5 years?
-45.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIG is currently unprofitable.
Growing Profit Margin: TIG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TIG is unprofitable, and losses have increased over the past 5 years at a rate of -45.3% per year.
Accelerating Growth: Unable to compare TIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIG 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: TIG has a negative Return on Equity (-96.28%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Triumph Gold's financial position?
Financial Position Analysis
Short Term Liabilities: TIG's short term assets (CA$2.4M) exceed its short term liabilities (CA$286.7K).
Long Term Liabilities: TIG's short term assets (CA$2.4M) exceed its long term liabilities (CA$92.7K).
Debt to Equity History and Analysis
Debt Level: TIG is debt free.
Reducing Debt: TIG has not had any debt for past 5 years.
Balance Sheet
Inventory Level: TIG has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TIG'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: TIG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TIG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -41.2% each year
Next Steps
Dividend
What is Triumph Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TIG'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 TIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIG'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 TIG'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?
0.3yrs
Average management tenure
CEO
John Anderson (55yo)
0.3yrs
Tenure
CA$280,000
Compensation
Mr. John David Anderson, B.A., serves as Director of Wildsky Resources Inc. since February 11, 2020. He serves as a Chairman of Fluidoil Corp. He served as Chairman of the Board at Outcrop Gold Corp. since ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD211.29K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Interim CEO | 0.3yrs | CA$280.00k | 3.69% CA$912.5k | |
| President & Director | 0.3yrs | CA$226.04k | 0.11% CA$28.2k | |
| Chief Financial Officer | 2.4yrs | CA$48.00k | no data | |
| Founder & Special Advisor | 0yrs | no data | no data | |
| Corporate Secretary | 0.3yrs | no data | no data |
0.3yrs
Average Tenure
59yo
Average Age
Experienced Management: TIG's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Interim CEO | 0.3yrs | CA$280.00k | 3.69% CA$912.5k | |
| President & Director | 0.3yrs | CA$226.04k | 0.11% CA$28.2k | |
| Independent Director | 2.9yrs | CA$20.00k | no data | |
| Member of Advisory Board | 8.2yrs | no data | no data | |
| Independent Director | 8.8yrs | CA$20.00k | 1.29% CA$318.7k | |
| Independent Director | 4.6yrs | CA$20.00k | no data | |
| Member of Advisory Board | 5.8yrs | no data | no data | |
| Member of Advisory Board | 5.8yrs | no data | no data |
5.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TIG's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TIG 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 30.5%.
Top Shareholders
Company Information
Triumph Gold Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Triumph Gold Corp.
- Ticker: TIG
- Exchange: TSXV
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Market Cap: CA$24.748m
- Shares outstanding: 105.31m
- Website: https://www.triumphgoldcorp.com
Location
- Triumph Gold Corp.
- 1111 Melville Street
- Suite 1100
- Vancouver
- British Columbia
- V6E 3V6
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TIG | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Sep 2006 |
| 8N61 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 2006 |
| TIGC.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Sep 2006 |
| 0VLY | LSE (London Stock Exchange) | Yes | Common Shares | GB | CAD | Sep 2006 |
Biography
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. It owns 100% interests in the Freegold Mountain project located in Yukon, Canada; and the Andalusite Peak property located in British Columbia, Canada. The company was formerly known as Northern Freegold Resources Ltd. and changed its name to Triumph Gold Corp. in January 2017. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:19 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.