Taranis Resources
Taranis Resources Inc., an exploration stage company, together with its subsidiaries, engages in the acquisition, exploration, and development of precious and base metal deposits in Canada. The last earnings update was 115 days ago. More info.
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- Taranis Resources has significant price volatility in the past 3 months.
TRO Share Price and Events
7 Day Returns
1 Year Returns
TRO Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Taranis Resources (TRO) | -16.7% | -16.7% | 0% | 7.1% | 7.1% | 114.3% |
| CA Metals and Mining | 0.1% | 1.5% | 10.1% | -7.9% | 5.7% | -23.5% |
| CA Market | 0.7% | 1.6% | 11.5% | -0.1% | 15.4% | 5% |
1 Year Return vs Industry and Market
- TRO outperformed the Metals and Mining industry which returned -7.9% over the past year.
- TRO outperformed the Market in Canada which returned -0.1% over the past year.
Value
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.
- It is not possible to calculate the future cash flow value for Taranis Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.075.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Taranis Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Taranis Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in CAD | CA$-0.01 |
| TSXV:TRO Share Price ** | TSXV (2019-03-18) in CAD | CA$0.08 |
| 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 Taranis Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSXV:TRO Share Price ÷ EPS (both in CAD) = 0.08 ÷ -0.01 |
-14.76x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Taranis Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
- Taranis Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does
Taranis Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -14.76x |
| 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 Taranis Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Taranis Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in CAD | CA$0.07 |
| TSXV:TRO Share Price * | TSXV (2019-03-18) in CAD | CA$0.08 |
| 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 |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSXV:TRO Share Price ÷ Book Value per Share (both in CAD) = 0.08 ÷ 0.07 |
1.12x |
* Primary Listing of Taranis Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Taranis Resources is good value based on assets compared to the CA Metals and Mining industry average.
Value checks
We assess Taranis Resources's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Taranis Resources has a total score of 1/6, 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.
Future Performance
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 Taranis 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 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!
Earnings growth vs Low Risk Savings
- Unable to compare Taranis Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Taranis Resources's earnings growth to the Canada market average as no estimate data is available.
- Unable to compare Taranis Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Canada Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 33.7% |
| 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
| 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 |
| Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 0 | 0 | |
| 2018-06-30 | 0 | 0 | |
| 2018-03-31 | 0 | 0 | |
| 2017-12-31 | 0 | 0 | |
| 2017-09-30 | 0 | 0 | |
| 2017-06-30 | 0 | 0 | |
| 2017-03-31 | 0 | 0 | |
| 2016-12-31 | 0 | 0 | |
| 2016-09-30 | 0 | 0 | |
| 2016-06-30 | 0 | 0 | |
| 2016-03-31 | 0 | 0 | |
| 2015-12-31 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
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 Taranis Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | EPS * |
|---|---|
| 2018-09-30 | -0.01 |
| 2018-06-30 | -0.01 |
| 2018-03-31 | -0.01 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | -0.01 |
| 2017-03-31 | -0.01 |
| 2016-12-31 | -0.01 |
| 2016-09-30 | -0.01 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | -0.01 |
| 2015-12-31 | -0.01 |
*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 Taranis Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Taranis Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Taranis Resources 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.
Past Performance
How has Taranis Resources 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
Past Earnings growth analysis
- Taranis Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Taranis Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Taranis Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Taranis Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | -0.30 | 0.26 | ||
| 2018-06-30 | -0.37 | 0.33 | ||
| 2018-03-31 | -0.36 | 0.29 | ||
| 2017-12-31 | -0.27 | 0.15 | ||
| 2017-09-30 | -0.26 | 0.11 | ||
| 2017-06-30 | -0.29 | 0.11 | ||
| 2017-03-31 | -0.27 | 0.12 | ||
| 2016-12-31 | -0.25 | 0.15 | ||
| 2016-09-30 | -0.35 | 0.19 | ||
| 2016-06-30 | -0.41 | 0.11 | ||
| 2016-03-31 | -0.43 | 0.14 | ||
| 2015-12-31 | -0.44 | 0.13 | ||
| 2015-09-30 | -2.39 | 0.15 | ||
| 2015-06-30 | -2.24 | 0.16 | ||
| 2015-03-31 | -2.26 | 0.18 | ||
| 2014-12-31 | -2.26 | 0.21 | ||
| 2014-09-30 | -0.23 | 0.23 | ||
| 2014-06-30 | -0.26 | 0.26 | ||
| 2014-03-31 | -0.25 | 0.24 | ||
| 2013-12-31 | -0.21 | 0.20 | ||
| 2013-09-30 | -0.23 | 0.26 | ||
| 2013-06-30 | -0.21 | 0.24 | ||
| 2013-03-31 | -0.29 | 0.33 | ||
| 2012-12-31 | -0.31 | 0.35 | ||
| 2012-09-30 | -0.27 | 0.28 | ||
| 2012-06-30 | -0.26 | 0.28 | ||
| 2012-03-31 | -0.49 | 0.20 |
*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 Taranis Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Taranis Resources 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 Taranis Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Taranis Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Taranis Resources 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.
Health
How is Taranis Resources'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 Taranis Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Taranis Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Taranis Resources's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.5x debt.
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.
All data from Taranis Resources Company Filings, last reported 5 months ago.
| Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 4.29 | 0.35 | 0.51 |
| 2018-06-30 | 3.86 | 0.35 | 0.31 |
| 2018-03-31 | 3.85 | 0.35 | 0.37 |
| 2017-12-31 | 3.78 | 0.31 | 0.44 |
| 2017-09-30 | 3.47 | 0.31 | 0.08 |
| 2017-06-30 | 3.48 | 0.31 | 0.25 |
| 2017-03-31 | 3.53 | 0.31 | 0.28 |
| 2016-12-31 | 3.41 | 0.31 | 0.23 |
| 2016-09-30 | 3.21 | 0.32 | 0.10 |
| 2016-06-30 | 3.14 | 0.32 | 0.16 |
| 2016-03-31 | 3.02 | 0.25 | 0.05 |
| 2015-12-31 | 3.04 | 0.25 | 0.07 |
| 2015-09-30 | 3.12 | 0.25 | 0.10 |
| 2015-06-30 | 3.30 | 0.25 | 0.13 |
| 2015-03-31 | 3.35 | 0.10 | 0.17 |
| 2014-12-31 | 3.43 | 0.10 | 0.21 |
| 2014-09-30 | 5.38 | 0.10 | 0.28 |
| 2014-06-30 | 5.48 | 0.10 | 0.47 |
| 2014-03-31 | 5.42 | 0.10 | 0.40 |
| 2013-12-31 | 5.45 | 0.10 | 0.53 |
| 2013-09-30 | 5.34 | 0.11 | 0.46 |
| 2013-06-30 | 5.02 | 0.11 | 0.14 |
| 2013-03-31 | 5.08 | 0.11 | 0.27 |
| 2012-12-31 | 5.11 | 0.10 | 0.32 |
| 2012-09-30 | 5.03 | 0.11 | 0.35 |
| 2012-06-30 | 5.05 | 0.11 | 0.36 |
| 2012-03-31 | 5.05 | 0.11 | 0.36 |
- Taranis Resources's level of debt (8.1%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (2.1% vs 8.1% today).
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.
- Taranis Resources has less than a year of cash runway based on current free cash flow.
- Taranis Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.4% each year.
Financial health checks
We assess Taranis Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Taranis Resources has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
Dividends
What is Taranis Resources'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
If you bought
CA$2,000 of
Taranis Resources
shares you are expected to receive
CA$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Taranis Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Taranis Resources'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.
| 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 Taranis Resources has not reported any payouts.
- Unable to verify if Taranis Resources's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Taranis Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Taranis Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Taranis Resources 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.
Management
CEO
| COMPENSATION | CA$105,917 |
| AGE | 60 |
| TENURE AS CEO | 18.2 years |
CEO Bio
John J. Gardiner is a Geologist with over thirty years of experience in the mining industry, working as both an Exploration Geologist and Mining Geologist. He also has a Diploma in Computer Science and business systems. He has worked for a variety of major companies including Noranda Mines Ltd., Placer Dome Inc., Echo Bay Mines Ltd. and Cameco Corporation. Since 1997, Mr. Gardiner has been the President of John J. Gardiner & Associates LLC, a Denver-based company that specializes in mineral exploration consulting and business development. He obtained a Bachelor of Science degree from the University of Toronto in 1980, and a Master of Science degree from Acadia University in 1986. Mr. Gardiner is a Member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the Association of Professional Engineers and Geoscientists of British Columbia, and the Wyoming Association of Professional Geologists. He has been the President, Chief Executive Officer and a Director of Taranis Resources Inc.
CEO Compensation
- John's compensation has increased whilst company is loss making.
- John's remuneration is about average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the Taranis Resources management team in years:
- The average tenure for the Taranis Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
John Gardiner
President
CA$106K
60
18.2 yrs
Gary McDonald
CFO & Director
CA$29K
72
3.8 yrs
Jim Helgeson
Vice President
CA$15K
60
16.3 yrs
Glenn Yeadon
Secretary & Director
CA$55K
67
Board of Directors Tenure
Average tenure and age of the Taranis Resources board of directors in years:
- The average tenure for the Taranis Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
John Gardiner
President
CA$106K
60
17.3 yrs
Gary McDonald
CFO & Director
CA$29K
72
16.3 yrs
Jim Helgeson
Vice President
CA$15K
60
16.3 yrs
Glenn Yeadon
Secretary & Director
CA$55K
67
17.3 yrs
Richard McCloskey
Director
CA$15K
67
16.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 24. Sep 18 | Buy | McChip Resources Inc. | Company | 18. Sep 18 | 18. Sep 18 | 2,000,000 | CA$0.15 | CA$299,999 | ||
Management checks
We assess Taranis Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Taranis Resources 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.
News
Simply Wall St News
What Percentage Of Taranis Resources Inc. (CVE:TRO) Shares Do Insiders Own?
A look at the shareholders of Taranis Resources Inc. … With a market capitalization of CA$4.5m, Taranis Resources is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Taranis Resources
Simply Wall St - – Full articleWho Are The Major Shareholders Of Taranis Resources Inc (CVE:TRO)?
In this article, I'm going to take a look at Taranis Resources Inc’s (CVE:TRO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Therefore, it is beneficial for us to examine TRO's ownership structure in more detail.
Simply Wall St - – Full articleIs Taranis Resources Inc's (CVE:TRO) Balance Sheet A Threat To Its Future?
How does TRO’s operating cash flow stack up against its debt? … Moving onto cash from operations, its trivial cash flows from operations make the cash-to-debt ratio less useful to us, though these low levels of cash means that operational efficiency is worth a look. … This indicates room for improvement as its cash flow covers less than a quarter of its borrowings, which means its operating efficiency could be better.
Simply Wall St - – Full articleWho Are The Largest Shareholders In Taranis Resources Inc (TSXV:TRO)?
In this article, I'm going to take a look at Taranis Resources Inc’s (TSXV:TRO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in TRO should also look at another important group of investors: private companies, with a stake of 2.03%, who are primarily invested because of strategic and capital gain interests.
Simply Wall St - – Full articleCompany Info
Description
Taranis Resources Inc., an exploration stage company, together with its subsidiaries, engages in the acquisition, exploration, and development of precious and base metal deposits in Canada. The company primarily explores for silver, gold, lead, zinc, and copper deposits. It holds 100% interests in the Thor property comprising 27 crown grants and 19 mineral tenures covering an area of 3,314 hectares located in the Revelstoke mining district of British Columbia. The company was incorporated in 2001 and is based in Vancouver, Canada.
Details
| Name: | Taranis Resources Inc. |
| TRO | |
| Exchange: | TSXV |
| Founded: | 2001 |
| CA$4,863,230 | |
| 64,843,067 | |
| Website: | http://www.taranisresources.com |
| Address: |
Taranis Resources Inc. 1177 West Hastings Street, Suite 1710, Vancouver, British Columbia, V6E 2L3, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSXV | TRO | Common Shares | TSX Venture Exchange | CA | CAD | 18. Sep 2003 | |
| OTCPK | TNRE.F | Common Shares | Pink Sheets LLC | US | USD | 18. Sep 2003 |
Number of employees
Current staff
Industry
| Diversified Metals and Mining | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/18 23:50 |
| End of day share price update: | 2019/03/18 00:00 |
| Last earnings filing: | 2018/11/23 |
| 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.
