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Toachi Mining

TSXV:TIM
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TIM
TSXV
CA$7M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Toachi Mining Inc. engages in the mineral exploration activities. The last earnings update was 3 days ago. More info.


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  • Toachi Mining has significant price volatility in the past 3 months.
TIM Share Price and Events
7 Day Returns
-10%
TSXV:TIM
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-28%
TSXV:TIM
-3.9%
CA Metals and Mining
2.6%
CA Market
TIM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Toachi Mining (TIM) -10% -25% 12.5% -28% -64% -28%
CA Metals and Mining 1.7% 0.4% 13.7% -3.9% 15% -18.9%
CA Market -0% 0.5% 15.3% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • TIM underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • TIM underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
TIM
Industry
5yr Volatility vs Market

Value

 Is Toachi Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Toachi Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.09.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Toachi Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Toachi Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:TIM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in CAD CA$-0.07
TSXV:TIM Share Price ** TSXV (2019-03-22) in CAD CA$0.09
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.94x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Toachi Mining.

TSXV:TIM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:TIM Share Price ÷ EPS (both in CAD)

= 0.09 ÷ -0.07

-1.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toachi Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Toachi Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Toachi Mining's expected growth come at a high price?
Raw Data
TSXV:TIM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Toachi Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Toachi Mining's assets?
Raw Data
TSXV:TIM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in CAD CA$-0.03
TSXV:TIM Share Price * TSXV (2019-03-22) in CAD CA$0.09
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:TIM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:TIM Share Price ÷ Book Value per Share (both in CAD)

= 0.09 ÷ -0.03

-3.58x

* Primary Listing of Toachi Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toachi Mining has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of TIM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Toachi Mining's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Toachi Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Toachi Mining has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Toachi Mining expected to grow at an attractive rate?
  • Unable to compare Toachi Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Toachi Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Toachi Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:TIM Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:TIM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:TIM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-01-31 -6 -6
2018-10-31 -5 -5
2018-07-31 -6 -7
2018-04-30 -7 -7
2018-01-31 -7 -8
2017-10-31 -7 -8
2017-07-31 -6 -7
2017-04-30 -5 -6
2017-01-31 -4 -4
2016-10-31 -2 -2
2016-07-31 -1 -1
2016-04-30 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Toachi Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Toachi Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:TIM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Toachi Mining Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TIM Past Financials Data
Date (Data in CAD Millions) EPS *
2019-01-31 -0.07
2018-10-31 -0.07
2018-07-31 -0.10
2018-04-30 -0.12
2018-01-31 -0.14
2017-10-31 -0.15
2017-07-31 -0.14
2017-04-30 -0.13
2017-01-31 -0.12
2016-10-31 -0.10
2016-07-31 -0.07
2016-04-30 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Toachi Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TIM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Toachi Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Toachi Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Toachi Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Toachi Mining has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Toachi Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Toachi Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Toachi Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Toachi Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Toachi Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Toachi Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Toachi Mining Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TIM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 -5.59 5.49
2018-10-31 -5.16 4.97
2018-07-31 -6.77 6.57
2018-04-30 -7.41 6.73
2018-01-31 -8.15 7.55
2017-10-31 -8.19 7.59
2017-07-31 -6.75 6.67
2017-04-30 -5.51 5.94
2017-01-31 -4.03 4.43
2016-10-31 -2.37 2.89
2016-07-31 -1.17 1.18
2016-04-30 -0.71 0.67
2016-01-31 -0.43 0.36
2015-10-31 -0.29 0.23
2015-07-31 -0.40 0.33
2015-04-30 -0.44 0.42
2015-01-31 -0.48 0.46
2014-10-31 -0.48 0.44
2014-07-31 -0.54 0.51
2014-04-30 -1.12 1.09
2014-01-31 -1.33 1.33
2013-10-31 -1.93 1.91
2013-07-31 -2.64 2.66
2013-04-30 -2.48 2.51
2013-01-31 -2.85 2.88
2012-10-31 -4.72 4.04
2012-07-31 -4.06 3.34
2012-04-30 -4.38 3.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Toachi Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Toachi Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Toachi Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Toachi Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Toachi Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Toachi Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Toachi Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Toachi Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Toachi Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Toachi Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Toachi Mining has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Toachi Mining Company Filings, last reported 1 month ago.

TSXV:TIM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 -1.63 2.39 0.92
2018-10-31 0.47 0.00 0.83
2018-07-31 1.51 0.00 1.73
2018-04-30 2.57 0.07 2.92
2018-01-31 0.66 0.14 1.16
2017-10-31 2.41 0.00 2.88
2017-07-31 4.45 0.00 4.86
2017-04-30 2.65 0.00 3.07
2017-01-31 4.37 0.02 4.57
2016-10-31 2.57 0.01 3.06
2016-07-31 2.70 0.00 3.09
2016-04-30 -0.48 0.00 0.00
2016-01-31 -0.11 0.05 0.00
2015-10-31 -0.32 0.01 0.00
2015-07-31 -0.30 0.00 0.00
2015-04-30 -0.24 0.00 0.02
2015-01-31 -0.17 0.00 0.07
2014-10-31 -0.46 0.40 0.17
2014-07-31 -0.36 0.39 0.23
2014-04-30 -0.25 0.38 0.31
2014-01-31 -0.15 0.36 0.43
2013-10-31 -0.73 0.00 0.01
2013-07-31 -0.54 0.00 0.03
2013-04-30 -0.36 0.00 0.00
2013-01-31 -0.02 0.00 0.03
2012-10-31 0.70 0.00 0.72
2012-07-31 1.58 0.00 1.56
2012-04-30 2.11 0.00 2.03
  • Toachi Mining has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Toachi Mining's debt level has increased considering it has negative shareholder equity.
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.

  • Toachi Mining has less than a year of cash runway based on current free cash flow.
  • Toachi Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 51.8% each year.
X
Financial health checks
We assess Toachi Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Toachi Mining has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Toachi Mining dividends.
If you bought CA$2,000 of Toachi Mining shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Toachi Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Toachi Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:TIM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Toachi Mining has not reported any payouts.
  • Unable to verify if Toachi Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Toachi Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Toachi Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Toachi Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Toachi Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Toachi Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Toachi Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alain Bureau
COMPENSATION CA$305,333
AGE 48
TENURE AS CEO 1.2 years
CEO Bio

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 Pershimco Resources Inc. since February 19, 2008. Mr. Bureau served as an Interim Chief Executive Officer and Interim President at Pershimco Resources Inc. since February 2008. He has more than 15 years of experience in construction and in project management. He served as Vice President of Special Projects and Operations of Pershimco Resources Inc. since November 16, 2006. Mr. Bureau served in the mining industry in Canada, Chile, Peru and Mexico. He worked in the mining and construction industry in Canada and Latin America for over 20 years. Mr. Bureau was involved on sizable international projects like Escondida in Chile, where the Principal Partners are BHP Biliton and Rio Tinto. He worked as the plant construction Manager during the acclaimed construction of the Pinos Altos mine for Agnico Eagle in Mexico. Mr. Bureau worked on projects in Peru where Glencore International AG and was the lead Principal and on many Canadian projects of Agnico Eagle, Falcon Bridge and Noranda, both parts of Xstrata. He has been Member of Advisory Board at TomaGold Corporation since August 2017. Mr. Bureau served as the Venezuela Construction Division Director of Dessau-Soprin International, the Montreal engineering and construction firm. Mr. Bureau served as a Director at Orla Mining Ltd. since December 06, 2016 until June 19, 2017. He has been a Director of Pershimex Resources Corporation (formerly, Khalkos Exploration Inc.) since December 12, 2017. Mr. Bureau served as a Director of Pershimco Resources Inc. since December 16, 2006. Mr. Bureau is also a Member of the Mining Engineers, Metallurgists and Geologists Association of Mexico. He is a Member of the Mining Chamber of Panama and Vice President of the Panama-Canada Chamber of Commerce. He is a professional engineer with over 25 years of leadership in project management, operating in Latin America countries, gained through notable projects including the mines of, Izcaycruz & Yauliyacu in Peru, Escondida Copper Mine and Altonorte in Chile, Pinos Altos in Mexico, Raglan Mine and the renowned Au-Rich VMS project La Ronde in Quebec, Canada. His expertise also consist of working in cross-cultural situations within political and cultural nuances. Mr. Bureau is a Member of the Ordre des Ingénieurs du Québec and Vice President of the PanamaCanada Chamber of Commerce. He has Canadian Armed Forces officer training and an Engineering Degree from the Royal Military College of Canada.

CEO Compensation
  • Insufficient data for Alain to compare compensation growth.
  • Alain's remuneration is higher than average for companies of similar size in Canada.
Management Team

Alain Bureau

TITLE
President
COMPENSATION
CA$305K
AGE
48
TENURE
1.2 yrs

Laurie Curtis

TITLE
Co-Founder & Director
COMPENSATION
CA$96K
AGE
70

Joe Fazzini

TITLE
Chief Financial Officer
COMPENSATION
CA$237K
TENURE
1.3 yrs

Candace Di Vito

TITLE
Manager of Investor Relations

Talia Shewchuk

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure and age of the Toachi Mining board of directors in years:

2.6
Average Tenure
66
Average Age
  • The average tenure for the Toachi Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jonathan Goodman

TITLE
Chairman
COMPENSATION
CA$424K
AGE
56
TENURE
3.2 yrs

Alain Bureau

TITLE
President
COMPENSATION
CA$305K
AGE
48
TENURE
1.2 yrs

Laurie Curtis

TITLE
Co-Founder & Director
COMPENSATION
CA$96K
AGE
70
TENURE
8.1 yrs

Carolina Vargas

TITLE
Independent Director
COMPENSATION
CA$54K
TENURE
2.6 yrs

Peter Nixon

TITLE
Independent Director
COMPENSATION
CA$54K
AGE
72
TENURE
2.6 yrs

Ebe Scherkus

TITLE
Independent Director
COMPENSATION
CA$33K
AGE
66
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
17. Apr 18 Buy Candace Di Vito Individual 13. Apr 18 13. Apr 18 66,668 CA$0.15 CA$10,000
17. Apr 18 Buy Peter Nixon Individual 13. Apr 18 13. Apr 18 166,667 CA$0.15 CA$25,000
17. Apr 18 Buy Joseph Fazzini Individual 13. Apr 18 13. Apr 18 250,000 CA$0.15 CA$37,500
17. Apr 18 Buy Alain Bureau Individual 13. Apr 18 13. Apr 18 1,333,334 CA$0.15 CA$200,001
17. Apr 18 Buy Laurence Curtis Individual 13. Apr 18 13. Apr 18 500,000 CA$0.15 CA$75,000
17. Apr 18 Buy Jonathan Goodman Individual 13. Apr 18 13. Apr 18 3,333,334 CA$0.15 CA$500,002
17. Apr 18 Buy Eberhard Scherkus Individual 13. Apr 18 13. Apr 18 3,333,334 CA$0.15 CA$500,002
X
Management checks
We assess Toachi Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Toachi Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Have Insiders Been Buying Toachi Mining Inc. (CVE:TIM) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Toachi Mining Inc. … The Last 12 Months Of Insider Transactions At Toachi Mining. … In total, Toachi Mining insiders bought more than they sold over the last year

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Could Toachi Mining Inc's (CVE:TIM) Investor Composition Influence The Stock Price?

Every investor in Toachi Mining Inc (CVE:TIM) should be aware of the most powerful shareholder groups. … With a market capitalization of CA$8m, Toachi Mining is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Toachi Mining

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Who Are The Major Shareholders Of Toachi Mining Inc (CVE:TIM)?

Today, I will be analyzing Toachi Mining Inc’s (CVE:TIM) recent ownership structure, an important but not-so-popular subject among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

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Who Are The Largest Shareholders In Toachi Mining Inc (CVE:TIM)?

Private Company Ownership Potential investors in TIM should also look at another important group of investors: private companies, with a stake of 0.25%, who are primarily invested because of strategic and capital gain interests. … However, an ownership of this size may be relatively insignificant, meaning that these shareholders may not have the potential to influence TIM's business strategy. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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What Investors Should Know About Toachi Mining Inc's (CVE:TIM) Financial Strength

With this ramp up in debt, the current cash and short-term investment levels stands at CA$4.86M , ready to deploy into the business. … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … TIM's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although TIM’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

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How Should You Think About Toachi Mining Inc's (CVE:TIM) Risks?

With a beta of 3.49, Toachi Mining is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … TIM, with its market capitalisation of CA$9.17M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … This outcome contradicts TIM’s current beta value which indicates an above-average volatility.

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Who Are The Top Investors In Toachi Mining Inc (CVE:TIM)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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What Can We Expect for Toachi Mining Inc (CVE:TIM) Moving Forward?

Toachi Mining Inc (TSXV:TIM), a CA$9.48M small-cap, is a metals and mining operating in an industry which supplies materials for construction. … Below, I will examine the sector growth prospects, and also determine whether Toachi Mining is a laggard or leader relative to its basic materials sector peers. … Check out our latest analysis for Toachi Mining What’s the catalyst for Toachi Mining's sector growth?

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Company Info

Description

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.

Details
Name: Toachi Mining Inc.
TIM
Exchange: TSXV
Founded: 2010
CA$7,304,979
81,166,435
Website: http://www.toachimining.com
Address: Toachi Mining Inc.
120 Adelaide Street West,
Suite 2400,
Toronto,
Ontario, M5H 1T1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TIM Common Shares TSX Venture Exchange CA CAD 12. Dec 2011
OTCPK TIMG.F Common Shares Pink Sheets LLC US USD 12. Dec 2011
DB TNL Common Shares Deutsche Boerse AG DE EUR 12. Dec 2011
Number of employees
Current staff
Staff numbers
0
Toachi Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:24
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/03/22
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.