This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Toubani Resources Past Earnings Performance

Past criteria checks 0/6

Toubani Resources's earnings have been declining at an average annual rate of -15.3%, while the Metals and Mining industry saw earnings growing at 30% annually.

Key information

-15.3%

Earnings growth rate

10.3%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	n/a
Return on equity	-300.7%
Net Margin	n/a
Last Earnings Update	31 Mar 2023

Recent past performance updates

No updates

Recent updates

Companies Like African Gold Group (CVE:AGG) Are In A Position To Invest In Growth

Jun 15

Revenue & Expenses Breakdown
Beta

How Toubani Resources makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSXV:TRE Revenue, expenses and earnings (USD Millions)
Date	Earnings	G+A Expenses
31 Mar 23	-5	6
31 Dec 22	-4	4
30 Sep 22	-3	3
30 Jun 22	-3	3
31 Mar 22	-3	3
31 Dec 21	-4	4
30 Sep 21	-8	8
30 Jun 21	-11	11
31 Mar 21	-11	11
31 Dec 20	-10	10
30 Sep 20	-7	6
30 Jun 20	-5	5
31 Mar 20	-5	4
31 Dec 19	-5	3
30 Sep 19	-4	3
30 Jun 19	-4	2
31 Mar 19	-2	1
31 Dec 18	-1	1
30 Sep 18	-1	2
30 Jun 18	-1	2
31 Mar 18	-3	2
31 Dec 17	-4	2
30 Sep 17	-3	2
30 Jun 17	-2	2
31 Mar 17	0	1
31 Dec 16	-2	1
30 Sep 16	-3	2

Quality Earnings: TRE is currently unprofitable.

Growing Profit Margin: TRE is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRE is unprofitable, and losses have increased over the past 5 years at a rate of 15.3% per year.

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

Earnings vs Industry: TRE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23.3%).

Return on Equity

High ROE: TRE has a negative Return on Equity (-300.74%), as it is currently unprofitable.

This company listing is no longer active

Toubani Resources Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Toubani Completes Voluntary Delisting from TSX Venture Exchange

High number of new and inexperienced directors

Toubani Strengthens Its Exploration Resource Development Team with Two Key Appointments

Toubani Resources Inc. Appoints Phil Russo as Chief Executive Officer

Toubani Resources Inc. Commences Drill Program At Kobada Gold Project in Southern Mali

Toubani Resources, Inc. Plans to Commence Exploration on the Kobada Project

President recently bought CA$675k worth of stock

High number of new and inexperienced directors

Toubani Resources Inc. has filed an IPO in the amount of AUD 6.5 million.

Toubani Resources, Inc. Auger Drilling Confirms Further Gold Mineralization on the Kobada Est Permit of the Kobada Gold Project in Mali

Companies Like African Gold Group (CVE:AGG) Are In A Position To Invest In Growth

High number of new and inexperienced directors

African Gold Group, Inc. Announces Board Changes

Price target decreased to CA$0.85

High number of new and inexperienced directors

African Gold Group, Inc., Annual General Meeting, Jun 08, 2022

High number of new and inexperienced directors

Price target increased to CA$0.80

African Gold Group Announces 66% Increase in Mineral Reserve to 1.25M Oz At the Kobada Gold Project

African Gold Group, Inc. Announces Positive Results from the Preliminary Trenching Programme in the Kobada Est Exploration Target

High number of new and inexperienced directors

African Gold Group, Inc. Announces Updated Mineral Resource Estimate for Its Kobada Gold Project Located in Southwestern Mali, Africa

African Gold Group Confirms Both Oxides and Sulphides to Be Incorporated into Updated Feasibility Study

Price target decreased to CA$0.60

African Gold Group, Inc. Announces Positive Test Results from Metallurgical Testing on Sulphide Material from its Kobada Gold Project in Southern Mali

African Gold Group, Inc. announced that it has received CAD 4.637422 million in funding

African Gold Group, Inc. announced that it expects to receive CAD 4 million in funding

African Gold Group Announces Drill Results Including 39.48 G/T AU Over 3.0 M

African Gold Group Announces Significant Intersections Including 41.80 G/T Au and 19.70 G/T Au in Its Ongoing Phase 4 Dril Ing Campaign

African Gold Group, Inc. Announces Multiple Broad High-Grade Gold Intersects Near Surface at Kobada Gold Project, Including 38.20 g/t Au

African Gold Group, Inc. Extends Existing Shear Zone Structures by More Than 80% at its Kobada Property

African Gold Group, Inc. Increases Vertical Depth of Oxide Ore Body, Intersects 18.5 g/t Au and 8.41 g/t Au at the Kobada Gold Project on In-Fill Drilling Programme

African Gold Group Infill Drilling Programme Exceeds Expectations at Kobada Project

African Gold Group Assists in Keeping Critical Transport Link Open in Mali

New 90-day low - CA$0.21

New 90-day low - CA$0.26

African Gold Group, Inc. announced that it has received CAD 11.084 million in funding

African Gold Group, Inc. announced that it expects to receive CAD 5 million in funding

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta