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TNR Gold

TSXV:TNR
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TNR
TSXV
CA$6M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

TNR Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The last earnings update was 111 days ago. More info.


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  • TNR Gold has significant price volatility in the past 3 months.
TNR Share Price and Events
7 Day Returns
-11.1%
TSXV:TNR
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
14.3%
TSXV:TNR
-7%
CA Metals and Mining
-0.2%
CA Market
TNR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TNR Gold (TNR) -11.1% 14.3% 33.3% 14.3% 33.3% 33.3%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • TNR outperformed the Metals and Mining industry which returned -7% over the past year.
  • TNR outperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
TNR
Industry
5yr Volatility vs Market

TNR Value

 Is TNR Gold 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 TNR Gold is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TNR Gold 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 TNR Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
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 TNR Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TNR Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:TNR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.02
TSXV:TNR Share Price ** TSXV (2019-03-13) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

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

** Primary Listing of TNR Gold.

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

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

= 0.04 ÷ -0.02

-2.66x

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

  • TNR Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • TNR Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does TNR Gold's expected growth come at a high price?
Raw Data
TSXV:TNR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.66x
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 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*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 TNR Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TNR Gold's assets?
Raw Data
TSXV:TNR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$-0.03
TSXV:TNR Share Price * TSXV (2019-03-13) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:TNR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ -0.03

-1.45x

* Primary Listing of TNR Gold.

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

  • TNR Gold 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 TNR’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 TNR Gold'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 TNR Gold'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. TNR Gold 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.

TNR Future Performance

 How is TNR Gold 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 TNR 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 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
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TNR Gold expected to grow at an attractive rate?
  • Unable to compare TNR Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare TNR Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare TNR Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:TNR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:TNR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months 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:TNR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 -2
2018-06-30 -1 -2
2018-03-31 0 -2
2017-12-31 -1 1
2017-09-30 -1 1
2017-06-30 -1 0
2017-03-31 0 1
2016-12-31 0 -1
2016-09-30 0 -9
2016-06-30 0 -9
2016-03-31 0 -9
2015-12-31 -1 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if TNR Gold is high growth as no earnings estimate data is available.
  • Unable to determine if TNR Gold 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:TNR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TNR Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TNR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 0.01
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 0.01
2016-12-31 -0.01
2016-09-30 -0.06
2016-06-30 -0.06
2016-03-31 -0.06
2015-12-31 -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 TNR Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TNR’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. TNR Gold'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. TNR Gold'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 TNR Gold'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.
TNR Gold 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.

TNR Past Performance

  How has TNR Gold 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 TNR Gold'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.
  • TNR Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare TNR Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare TNR Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
TNR Gold'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 TNR Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TNR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -2.35 0.95
2018-06-30 -1.71 0.83
2018-03-31 -2.16 0.70
2017-12-31 1.14 0.64
2017-09-30 0.83 0.67
2017-06-30 0.42 0.70
2017-03-31 0.99 0.76
2016-12-31 -1.19 0.78
2016-09-30 -8.87 0.52
2016-06-30 -8.94 0.56
2016-03-31 -9.01 0.60
2015-12-31 -9.40 0.65
2015-09-30 -0.89 0.77
2015-06-30 -0.89 0.77
2015-03-31 -1.19 0.99
2014-12-31 -0.34 1.01
2014-09-30 -2.60 0.98
2014-06-30 -2.61 0.97
2014-03-31 -0.55 0.90
2013-12-31 -0.95 0.95
2013-09-30 -0.32 1.37
2013-06-30 -3.71 1.53
2013-03-31 -5.76 1.50
2012-12-31 -5.82 1.56
2012-09-30 -9.44 1.30
2012-06-30 -6.54 1.39
2012-03-31 -5.76 1.47

*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 TNR Gold 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 TNR Gold 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 TNR Gold 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 TNR Gold'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.
TNR Gold 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.

TNR Health

 How is TNR Gold'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 TNR Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TNR Gold's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • TNR Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TNR Gold'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.
  • TNR Gold 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 TNR Gold Company Filings, last reported 5 months ago.

TSXV:TNR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -4.35 5.37 0.37
2018-06-30 -3.90 5.14 0.60
2018-03-31 -3.67 4.90 0.77
2017-12-31 -2.70 4.67 1.54
2017-09-30 -3.16 4.48 1.42
2017-06-30 -3.25 4.28 1.28
2017-03-31 -2.46 4.09 1.91
2016-12-31 -4.30 3.89 0.12
2016-09-30 -4.29 3.73 0.03
2016-06-30 -4.02 3.57 0.01
2016-03-31 -3.87 3.40 0.02
2015-12-31 -3.54 3.24 0.02
2015-09-30 4.40 3.50 0.06
2015-06-30 4.82 3.50 0.46
2015-03-31 5.12 3.50 0.51
2014-12-31 5.84 3.50 1.12
2014-09-30 5.27 3.50 0.07
2014-06-30 5.70 3.50 0.59
2014-03-31 6.13 3.50 1.04
2013-12-31 5.99 4.50 1.91
2013-09-30 7.70 4.50 2.57
2013-06-30 8.14 4.50 2.19
2013-03-31 6.68 4.50 0.61
2012-12-31 6.92 4.50 0.85
2012-09-30 7.89 4.50 1.28
2012-06-30 11.65 3.00 1.98
2012-03-31 12.24 1.00 0.20
  • TNR Gold has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if TNR Gold'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.

  • TNR Gold has less than a year of cash runway based on current free cash flow.
  • TNR Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.9% each year.
X
Financial health checks
We assess TNR Gold'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. TNR Gold 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.

TNR Dividends

 What is TNR Gold'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 TNR Gold dividends.
If you bought CA$2,000 of TNR Gold 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 TNR Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TNR Gold'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:TNR 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 1.2%
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 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

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 TNR Gold has not reported any payouts.
  • Unable to verify if TNR Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TNR Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TNR Gold 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 TNR Gold'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 TNR Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TNR Gold 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.

TNR Management

 What is the CEO of TNR Gold'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
Kirill Klip
COMPENSATION CA$45,000
TENURE AS CEO 2.2 years
CEO Bio

Mr. Kirill Klip, MBA, has been Chief Executive Officer and President at TNR Gold Corp. since January 25, 2017. Mr. Klip served as the President of International Lithium Corp. since March 16, 2012 and served as its Chief Executive Officer since January 25, 2017 until March 16, 2018. Since 2008, Mr. Klip has been Executive Chairman of TNR Gold Corp. (International Lithium's parent company through a Plan of Arrangement and spin-out) since June, 2009. He has been an Adviser to the Board of Canada ZInc. Metals. He served as Executive Chairman of International Lithium Corp. until March 16, 2018. Mr. Klip has been Special Advisor to Board of Directors at Mantle Resources Inc., since April 22, 2008. He has extensive business and management experience and is actively involved in managing a network of brokerage firms and banks around the world. He has been a Director of TNR Gold Corp. since May 2008. He served as a Director of International Lithium Corp. since June 10, 2010 until November 13, 2018. Mr. Klip graduated with the degree in Management from St. Petersburg State University of Railways, later obtaining a degree in Economics from the International Business School in Moscow and a degree in MBA in Finance from both the International Business School in Moscow and Guildhall University in London.

CEO Compensation
  • Kirill's compensation has been consistent with company performance over the past year.
  • Kirill's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the TNR Gold management team in years:

1.5
Average Tenure
  • The average tenure for the TNR Gold management team is less than 2 years, this suggests a new team.
Management Team

Kirill Klip

TITLE
Executive Chairman
COMPENSATION
CA$45K
TENURE
2.2 yrs

Maurice Brooks

TITLE
Chief Financial Officer
COMPENSATION
CA$17K
TENURE
1.8 yrs

Anthony Kovacs

TITLE
Chief Operations Officer

Natalia Lobanova

TITLE
Head of strategic Communications
TENURE
0.5 yrs

Roberto Lara

TITLE
Managing Director of South American Projects

Nancy La Couvée

TITLE
Corporate Secretary
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure of the TNR Gold board of directors in years:

0.5
Average Tenure
  • The average tenure for the TNR Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kirill Klip

TITLE
Executive Chairman
COMPENSATION
CA$45K
TENURE
9.8 yrs

Natalia Lobanova

TITLE
Head of strategic Communications
TENURE
0.5 yrs

Greg Johnson

TITLE
Director
COMPENSATION
CA$6K
TENURE
6.4 yrs

John Davies

TITLE
Director
TENURE
0.5 yrs

Nicholas Winton

TITLE
Member of Advisory Board
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by TNR Gold insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
07. Mar 19 Buy John Davies Individual 07. Mar 19 07. Mar 19 14,100 CA$0.04 CA$494
04. Mar 19 Buy John Davies Individual 01. Mar 19 01. Mar 19 14,100 CA$0.04 CA$493
25. Feb 19 Buy John Davies Individual 25. Feb 19 25. Feb 19 14,100 CA$0.04 CA$493
13. Feb 19 Buy John Davies Individual 11. Feb 19 11. Feb 19 12,300 CA$0.04 CA$492
22. Jan 19 Buy John Davies Individual 22. Jan 19 22. Jan 19 14,100 CA$0.04 CA$493
28. Dec 18 Buy Kirill Klip Individual 28. Dec 18 28. Dec 18 100,000 CA$0.03 CA$2,500
23. Nov 18 Buy Kirill Klip Individual 22. Nov 18 22. Nov 18 100,000 CA$0.04 CA$3,500
20. Nov 18 Buy John Davies Individual 16. Nov 18 16. Nov 18 5,000 CA$0.04 CA$200
25. Oct 18 Buy Kirill Klip Individual 25. Oct 18 25. Oct 18 95,000 CA$0.04 CA$3,800
11. Oct 18 Buy Kirill Klip Individual 09. Oct 18 09. Oct 18 5,000 CA$0.04 CA$200
04. Oct 18 Buy John Davies Individual 02. Oct 18 02. Oct 18 22,500 CA$0.05 CA$1,013
28. Sep 18 Buy Kirill Klip Individual 28. Sep 18 28. Sep 18 100,000 CA$0.05 CA$4,500
17. Aug 18 Buy Kirill Klip Individual 16. Aug 18 16. Aug 18 327,000 CA$0.05 CA$15,850
25. May 18 Buy Kirill Klip Individual 24. May 18 24. May 18 100,000 CA$0.04 CA$4,000
X
Management checks
We assess TNR Gold'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. TNR Gold 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.

TNR News

Simply Wall St News

What Kind Of Shareholder Appears On The TNR Gold Corp's (CVE:TNR) Shareholder Register?

The big shareholder groups in TNR Gold Corp (CVE:TNR) have power over the company. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … TNR Gold is a smaller company with a market capitalization of CA$8m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About TNR Gold Corp's (CVE:TNR) Major Investors

In this article, I will take a quick look at TNR Gold Corp’s (CVE:TNR) recent ownership structure – an unconventional investing subject, but an important one. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … 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.

Simply Wall St -

TNR Gold Corp (TSXV:TNR): How Much Growth Is Left In Basic Materials?

TNR Gold Corp (TSXV:TNR), a CADCA$8.99M small-cap, is a metals and mining operating in an industry which supplies materials for construction. … This means it is an attractive growth stock relative to the wider Canadian stock market. … TSXV:TNR PE PEG Gauge Nov 22nd 17 metals and mining companies are typically trading at a PE of 11x, lower than the rest of the Canadian stock market PE of 17x.

Simply Wall St -

Is It Time To Sell TNR Gold Corp (TSXV:TNR)?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for TNR Price per share = 0.07 Earnings per share = 0.003 ∴ Price-Earnings Ratio = 0.07 ÷ 0.003 = 23.2x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you inadvertently compared riskier firms with TNR, then investors would naturally value TNR at a higher price since it is a less risky investment.

Simply Wall St -

TNR Company Info

Description

TNR Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. It primarily explores for gold and copper deposits. The company holds a 90% interest in the Shotgun gold project that consists of 108 claims covering an area of 6,993 hectares located in southwestern Alaska. It also holds a 0.36% net smelter returns royalty on the Los Azules copper project located in San Juan province, Argentina. TNR Gold Corp. was founded in 1988 and is headquartered in Vancouver, Canada.

Details
Name: TNR Gold Corp.
TNR
Exchange: TSXV
Founded: 1988
CA$6,280,657
157,016,447
Website: http://www.tnrgoldcorp.com
Address: TNR Gold Corp.
1111 Melville Street,
Suite 1100,
Vancouver,
British Columbia, V6E 3V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TNR Common Shares TSX Venture Exchange CA CAD 26. Sep 1991
OTCPK TRRX.F Common Shares Pink Sheets LLC US USD 26. Sep 1991
DB TNW Common Shares Deutsche Boerse AG DE EUR 26. Sep 1991
BST TNW Common Shares Boerse-Stuttgart DE EUR 26. Sep 1991
Number of employees
Current staff
Staff numbers
0
TNR Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:43
End of day share price update: 2019/03/13 00:00
Last earnings filing: 2018/11/26
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.