TSXV:TRM

Stock Analysis Report

Trueclaim Exploration

Executive Summary

Trueclaim Exploration Inc. engages in the acquisition, exploration, and development of precious and base metal properties in Canada and the United States.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Trueclaim Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TRM

-3.8%

CA Metals and Mining

0.2%

CA Market


1 Year Return

-37.5%

TRM

10.6%

CA Metals and Mining

1.2%

CA Market


Shareholder returns

TRMIndustryMarket
7 Day0%-3.8%0.2%
30 Day0%-4.9%-2.5%
90 Day0%-5.9%-1.5%
1 Year-37.5%-37.5%11.5%10.6%4.7%1.2%
3 Year-50.0%-50.0%-12.5%-14.1%14.0%3.8%
5 Year-95.5%-95.5%5.5%1.5%26.4%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Trueclaim Exploration undervalued compared to its fair value and its price relative to the market?

2.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate TRM's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate TRM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TRM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: TRM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TRM is overvalued based on its PB Ratio (2.7x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

45.5%

Forecasted Materials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TRM's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if TRM's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if TRM's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if TRM's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Trueclaim Exploration performed over the past 5 years?

-13.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TRM is unprofitable, and losses have increased over the past 5 years at a rate of -13% per year.

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

Earnings vs Industry: TRM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: TRM has a negative Return on Equity (-45.4%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: TRM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: TRM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Trueclaim Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: TRM's short term assets (CA$1.6M) exceeds its short term liabilities (CA$290.7K)

Long Term Liabilities: TRM has no long term liabilities


Debt to Equity History and Analysis

Debt Level: TRM is debt free.

Reducing Debt: TRM had no debt 5 years ago.


Balance Sheet

Information is not available.

Information is not available.


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: TRM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TRM has sufficient cash runway for 1.393823 years if free cash flow continues to reduce at historical rates of -132.5% each year.


Next Steps

Dividend

What is Trueclaim Exploration's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if TRM'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 TRM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

1.1yrs

Average board tenure


CEO

Byron Coulthard (54yo)

6.4yrs

Tenure

0

Mr. Byron K. Coulthard has been Chief Executive Officer at Serrano Resources Ltd. since August 2017. Mr. Coulthard has been Chief Executive Officer and President at True Grit Resources Ltd. since December  ...


CEO Compensation Analysis

Information is not available.

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


Board Age and Tenure

1.1yrs

Average Tenure

Experienced Board: TRM's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellCA$8,00014 Jan 19
Daniel Fuoco
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares100,000
Max PriceCA$0.08
SellCA$7,70010 Dec 18
Daniel Fuoco
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares100,000
Max PriceCA$0.077

Ownership Breakdown


Management Team

  • Byron Coulthard (54yo)

    President

    • Tenure: 6.4yrs
  • Dan Fuoco

    Chief Financial Officer

    • Tenure: 1.6yrs

Board Members

  • Byron Coulthard (54yo)

    President

    • Tenure: 6.4yrs
  • Anthony Viele (60yo)

    Director

    • Tenure: 0.9yrs
  • Matthew Fish

    Director

    • Tenure: 1.2yrs
  • Pritpal Singh

    Director

    • Tenure: 1.1yrs

Company Information

Trueclaim Exploration Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trueclaim Exploration Inc.
  • Ticker: TRM
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.594m
  • Shares outstanding: 35.94m
  • Website: https://null

Location

  • Trueclaim Exploration Inc.
  • 999 Canada Place
  • Suite 404
  • Vancouver
  • British Columbia
  • V6C 3E2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRMTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2008
TRMN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2008

Biography

Trueclaim Exploration Inc. engages in the acquisition, exploration, and development of precious and base metal properties in Canada and the United States. The company explores for nickel, copper, cobalt, p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/06 04:05
End of Day Share Price2019/03/08 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.