TSXV:TNO.H

Stock Analysis Report

Executive Summary

Terreno Resources Corp. engages in the acquisition, exploration, and development of mineral properties.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Terreno Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TNO.H

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-12.5%

TNO.H

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: TNO.H underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: TNO.H underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

TNO.HIndustryMarket
7 Day0%3.1%0.6%
30 Day40.0%3.5%1.0%
90 Day133.3%11.9%4.5%
1 Year-12.5%-12.5%5.4%4.7%8.6%5.3%
3 Year-41.7%-41.7%-4.3%-5.9%18.0%7.4%
5 Year0%0%24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Terreno Resources undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Terreno Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Terreno Resources 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

  • Take a look at our analysis of TNO.H’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.
  • 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 Terreno Resources regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

15.9%

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 Terreno 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.


Next Steps

Past Performance

How has Terreno Resources performed over the past 5 years?

-30.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TNO.H is currently unprofitable.

Growing Profit Margin: TNO.H is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TNO.H is unprofitable, and losses have increased over the past 5 years at a rate of -30.9% per year.

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

Earnings vs Industry: TNO.H is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Terreno Resources's financial position?


Financial Position Analysis

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

Long Term Liabilities: TNO.H 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: TNO.H is debt free.

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if TNO.H'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: TNO.H has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TNO.H has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TNO.H'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 TNO.H'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?

2.8yrs

Average management tenure


CEO

George Brown (63yo)

2.8yrs

Tenure

Mr. George Andrew Brown has been the Chief Executive Officer and President of Terreno Resources Corp. since June 1, 2017. He served as the President of MacMillan Minerals Inc. since March 31, 2011. Mr. Bro ...


Leadership Team

NamePositionTenureCompensationOwnership
Peter Mullens
Vice President of Exploration & Director9.5yrsno datano data
George Brown
Chief Executive Officer2.8yrsno data7.3% CA$100.0k
Ajay Dhruva
Interim Chief Financial Officer4.3yrsno datano data
Carmen Yuen
Treasurer2.7yrsno datano data

2.8yrs

Average Tenure

Experienced Management: TNO.H's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Mullens
Vice President of Exploration & Director9.5yrsno datano data
George Brown
Chief Executive Officer2.8yrsno data7.3% CA$100.0k
Thomas Skimming
Member of Technical Advisory Committee2.3yrsno datano data
Richard Williams
Director3.1yrsno datano data
Wayne Valliant
Member of Technical Advisory Committee2.3yrsno datano data
Albert Contardi
Independent Director5.7yrsno datano data

2.9yrs

Average Tenure

64yo

Average Age

Experienced Board: TNO.H's board of directors are not considered experienced ( 2.9 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.1%.


Top Shareholders

Company Information

Terreno Resources Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Terreno Resources Corp.
  • Ticker: TNO.H
  • Exchange: TSXV
  • Founded: 1995
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$1.369m
  • Shares outstanding: 34.24m
  • Website: https://www.terrenoresources.com

Location

  • Terreno Resources Corp.
  • 44 Victoria Street
  • Suite 1102
  • Toronto
  • Ontario
  • M5C 1Y2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TNO.HTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2007

Biography

Terreno Resources Corp. engages in the acquisition, exploration, and development of mineral properties. It has an option to acquire a 60% interest in the Las Cucharas gold and silver project consisting of 17 concessions covering an area of approximately 4,445 hectares located in Mexico. The company was formerly known as Mega Moly Inc. and changed its name to Terreno Resources Corp. in August 2010. Terreno Resources Corp. was incorporated in 1995 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 Analysis2020/02/21 00:46
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.