TSXV:TIG

Stock Analysis Report

Executive Summary

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties.


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

-12.2%

TIG

-1.3%

CA Metals and Mining

-4.8%

CA Market


1 Year Return

-45.6%

TIG

6.3%

CA Metals and Mining

0.1%

CA Market

Return vs Industry: TIG underperformed the Canadian Metals and Mining industry which returned 6.3% over the past year.

Return vs Market: TIG underperformed the Canadian Market which returned 0.1% over the past year.


Shareholder returns

TIGIndustryMarket
7 Day-12.2%-1.3%-4.8%
30 Day-12.2%3.6%-3.2%
90 Day-28.3%9.3%-1.0%
1 Year-45.6%-45.6%7.1%6.3%3.3%0.1%
3 Year-57.0%-57.0%1.3%-0.5%12.9%2.7%
5 Year115.0%115.0%27.5%23.8%29.2%10.3%

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

Valuation

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

3.93x

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 (3.9x) 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?

15.1%

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

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 (11.8%).


Return on Equity

High ROE: TIG has a negative Return on Equity (-96.28%), as it is currently unprofitable.


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

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 ($USD210.71K) is above average for companies of similar size in the Canadian market ($USD156.06K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Anderson
Executive Chairman & Interim CEO0.3yrsCA$280.00k3.69% CA$834.8k
Tony Barresi
President & Director0.3yrsCA$226.04k0.11% CA$25.8k
Rakesh Patel
Chief Financial Officer2.4yrsCA$48.00kno data
William Harris
Founder & Special Advisor0yrsno datano data
Jesse Halle
Vice President Of Exploration0yrsno datano data
Donna Moroney
Corporate Secretary0.3yrsno datano 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

NamePositionTenureCompensationOwnership
John Anderson
Executive Chairman & Interim CEO0.3yrsCA$280.00k3.69% CA$834.8k
Tony Barresi
President & Director0.3yrsCA$226.04k0.11% CA$25.8k
Gregory Sparks
Independent Director2.9yrsCA$20.00kno data
Susan Craig
Member of Advisory Board8.2yrsno datano data
Marco Strub
Independent Director8.8yrsCA$20.00k1.29% CA$291.5k
Joseph Campbell
Independent Director4.6yrsCA$20.00kno data
Dennis Moore
Member of Advisory Board5.8yrsno datano data
John Zbeetnoff
Member of Advisory Board5.8yrsno datano 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$22.642m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TIGTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2006
8N61DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2006
TIGC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2006
0VLYLSE (London Stock Exchange)YesCommon SharesGBCADSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 01:38
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.