TSXV:TIM

Stock Analysis Report

Executive Summary

Toachi Mining Inc. engages in the mineral exploration activities.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Toachi Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TIM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.3%

TIM

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-45.0%

TIM

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: TIM underperformed the Canadian Metals and Mining industry which returned 26.9% over the past year.

Return vs Market: TIM underperformed the Canadian Market which returned 10.4% over the past year.


Shareholder returns

TIMIndustryMarket
7 Day-8.3%-6.0%-6.2%
30 Day-15.4%-1.0%-5.0%
90 Day10.0%4.9%-2.8%
1 Year-45.0%-45.0%2.9%2.2%1.1%-2.0%
3 Year-85.9%-85.9%-2.8%-4.5%10.7%0.6%
5 Year-45.0%-45.0%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Toachi Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Toachi Mining undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Toachi Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Toachi Mining has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

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

15.0%

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 Toachi Mining 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 Toachi Mining performed over the past 5 years?

-48.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TIM is currently unprofitable.

Growing Profit Margin: TIM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TIM is unprofitable, and losses have increased over the past 5 years at a rate of -48.1% per year.

Accelerating Growth: Unable to compare TIM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TIM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).


Return on Equity

High ROE: TIM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Toachi Mining's financial position?


Financial Position Analysis

Short Term Liabilities: TIM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TIM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TIM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TIM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: TIM has a low level of unsold assets or inventory.

Debt Coverage by Assets: TIM has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: TIM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TIM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -37.2% each year


Next Steps

Dividend

What is Toachi Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TIM'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 TIM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TIM'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 TIM'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?

2.7yrs

Average board tenure


CEO

Alain Bureau (49yo)

1.7yrs

Tenure

CA$305,333

Compensation

Mr. Alain Bureau, P. Eng., RMC, has been the President, CEO & Non-Independent Director of Toachi Mining Inc. since January 31, 2018. Mr. Bureau served as the Chief Executive Officer and President of Pershi ...


CEO Compensation Analysis

Compensation vs Market: Alain's total compensation ($USD231.64K) is above average for companies of similar size in the Canadian market ($USD165.67K).

Compensation vs Earnings: Insufficient data to compare Alain's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Alain Bureau
President1.7yrsCA$305.33k1.91% CA$85.7k
Eberhard Scherkus
Independent Director2.3yrsCA$32.68k4.83% CA$216.3k
Jonathan Goodman
Chairman3.7yrsCA$513.98k16.94% CA$759.1k
Peter Nixon
Independent Director3.1yrsCA$54.00k0.52% CA$23.4k
Ramiro Crespo
Independent Director0.5yrsno datano data
Carolina Vargas
Independent Director3.1yrsCA$54.00k0.19% CA$8.5k

2.7yrs

Average Tenure

62yo

Average Age

Experienced Board: TIM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Toachi Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Toachi Mining Inc.
  • Ticker: TIM
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.481m
  • Shares outstanding: 81.48m
  • Website: https://www.toachimining.com

Location

  • Toachi Mining Inc.
  • 1 Adelaide Street East
  • 20th floor
  • Toronto
  • Ontario
  • M5C 2V9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TIMTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2011
TIMG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2011
TNLDB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2011

Biography

Toachi Mining Inc. engages in the mineral exploration activities. It holds an option to acquire 60% to 75% interest in the La Plata gold-rich copper-zinc-silver-lead volcanogenic massive sulphide project located to the southwest of Quito, Ecuador. The company was formerly known as Ferrum Americas Mining Inc. and changed its name to Toachi Mining Inc. in March 2016. Toachi Mining Inc. was founded in 2010 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/12 00:11
End of Day Share Price2019/09/10 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


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.