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TK

Tinka Resources TSXV:TK Stock Report

Last Price

CA$0.17

Market Cap

CA$64.6m

7D

6.5%

1Y

-25.0%

Updated

28 Jun, 2022

Data

Company Financials
TK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TK Stock Overview

Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of base and precious metals mineral properties in Peru.

Tinka Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tinka Resources
Historical stock prices
Current Share PriceCA$0.17
52 Week HighCA$0.23
52 Week LowCA$0.13
Beta1.2
1 Month Change-13.16%
3 Month Change0%
1 Year Change-25.00%
3 Year Change-40.00%
5 Year Change-74.22%
Change since IPO-96.48%

Recent News & Updates

Shareholder Returns

TKCA Metals and MiningCA Market
7D6.5%-5.9%-0.4%
1Y-25.0%-12.1%-2.9%

Return vs Industry: TK underperformed the Canadian Metals and Mining industry which returned -10.5% over the past year.

Return vs Market: TK underperformed the Canadian Market which returned -2.6% over the past year.

Price Volatility

Is TK's price volatile compared to industry and market?
TK volatility
TK Average Weekly Movement13.9%
Metals and Mining Industry Average Movement11.0%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: TK is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: TK's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1987n/aGraham Carmanhttps://www.tinkaresources.com

Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of base and precious metals mineral properties in Peru. It primarily explores for zinc, lead, silver, gold, and copper deposits. The company’s flagship project is the 100% owned the Ayawilca project that includes 59 granted mining concessions covering an area of approximately 16,548 hectares located in the Department of Pasco, Central Peru.

Tinka Resources Fundamentals Summary

How do Tinka Resources's earnings and revenue compare to its market cap?
TK fundamental statistics
Market CapCA$64.57m
Earnings (TTM)-CA$1.78m
Revenue (TTM)n/a

0.0x

P/S Ratio

-36.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TK income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$1.78m
Earnings-CA$1.78m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0045
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TK?

Other financial metrics that can be useful for relative valuation.

TK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-44.1x
PEG Ration/a

Price to Book Ratio vs Peers

How does TK's PB Ratio compare to its peers?

TK PB Ratio vs Peers
The above table shows the PB ratio for TK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average5.9x
SNTA Strategic Minerals Europe
2.1xn/aCA$52.0m
NRM Noram Lithium
10.5xn/aCA$56.8m
GMX Globex Mining Enterprises
1.7xn/aCA$59.9m
MMG Metallic Minerals
9.5xn/aCA$61.8m
TK Tinka Resources
1xn/aCA$64.6m

Price-To-Book vs Peers: TK is good value based on its Price-To-Book Ratio (1x) compared to the peer average (5.9x).


Price to Earnings Ratio vs Industry

How does TK's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: TK is good value based on its Price-To-Book Ratio (1x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is TK's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TK PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TK's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate TK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TK's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TK's PEG Ratio to determine if it is good value.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.3%

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 Tinka Resources 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.


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  • Examine Tinka Resources'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.
  • Tinka Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Tinka Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TK is currently unprofitable.

Growing Profit Margin: TK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TK is unprofitable, but has reduced losses over the past 5 years at a rate of 6.8% per year.

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

Earnings vs Industry: TK is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.8%).


Return on Equity

High ROE: TK has a negative Return on Equity (-2.72%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Tinka Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TK's short term assets (CA$8.9M) exceed its short term liabilities (CA$416.8K).

Long Term Liabilities: TK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TK is debt free.

Reducing Debt: TK has not had any debt for past 5 years.


Balance Sheet


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: TK has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TK is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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Dividend

What is Tinka Resources's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate TK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TK's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TK has not reported any payouts.


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Management

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

13.2yrs

Average management tenure


CEO

Graham Carman (58 yo)

7.92yrs

Tenure

CA$309,996

Compensation

Dr. Graham Donald Carman, Ph D., B.Sc. (Hons), FAUSIMM, has been the Chief Executive Officer and President of Tinka Resources Ltd. since July 24, 2014.Dr. Carman served as the Chief Executive Officer and...


CEO Compensation Analysis

Compensation vs Market: Graham's total compensation ($USD240.49K) is above average for companies of similar size in the Canadian market ($USD174.76K).

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


Leadership Team

Experienced Management: TK's management team is seasoned and experienced (13.2 years average tenure).


Board Members

Experienced Board: TK's board of directors are considered experienced (5.5 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 14.8%.


Top Shareholders

Company Information

Tinka Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tinka Resources Limited
  • Ticker: TK
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$64.565m
  • Shares outstanding: 391.30m
  • Website: https://www.tinkaresources.com

Location

  • Tinka Resources Limited
  • 1090 West Georgia Street
  • Suite 1305
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.