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Telson Mining

TSXV:TSN
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TSN
TSXV
CA$56M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Telson Mining Corporation engages in acquisition, exploration, and development of mineral resource projects in Mexico. The last earnings update was 109 days ago. More info.


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TSN Share Price and Events
7 Day Returns
8.1%
TSXV:TSN
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-50%
TSXV:TSN
-7.9%
CA Metals and Mining
-0.1%
CA Market
TSN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Telson Mining (TSN) 8.1% -1.2% 0% -50% 233.3% 566.7%
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
  • TSN underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • TSN underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
TSN
Industry
5yr Volatility vs Market

Value

 Is Telson Mining 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 Telson Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Telson Mining 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 Telson Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.4.
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 Telson Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Telson Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:TSN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-1.12
TSXV:TSN Share Price ** TSXV (2019-03-15) in CAD CA$0.4
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 Telson Mining.

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

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

= 0.4 ÷ -1.12

-0.36x

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

  • Telson Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Telson Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Telson Mining's expected growth come at a high price?
Raw Data
TSXV:TSN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.36x
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 Telson Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Telson Mining's assets?
Raw Data
TSXV:TSN 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:TSN Share Price * TSXV (2019-03-15) in CAD CA$0.4
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:TSN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.4 ÷ -0.03

-13.77x

* Primary Listing of Telson Mining.

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

  • Telson Mining 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 TSN’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 Telson Mining'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 Telson Mining'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. Telson Mining 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.

Future Performance

 How is Telson Mining 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 Telson Mining 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
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Telson Mining expected to grow at an attractive rate?
  • Unable to compare Telson Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Telson Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Telson Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:TSN Future Growth Rates Data Sources
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
Raw Data
TSXV:TSN 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:TSN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 18 -7 -143
2018-06-30 8 -13 -180
2018-03-31 -12 -2
2017-12-31 -9 -2
2017-09-30 -4 136
2017-06-30 -3 172
2017-03-31 -5 -5
2016-12-31 -4 -5
2016-08-31 -2 -3
2016-05-31 -2 -2
2016-02-29 -1 -1
2015-11-30 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Telson Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Telson Mining 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:TSN 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 Telson Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TSN Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -1.12
2018-06-30 -1.52
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 1.42
2017-06-30 1.78
2017-03-31 -0.05
2016-12-31 -0.05
2016-08-31 -0.04
2016-05-31 -0.03
2016-02-29 -0.02
2015-11-30 -0.03

*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 Telson Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TSN’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. Telson Mining'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. Telson Mining'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 Telson Mining'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.
Telson Mining 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 Telson Mining 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 Telson Mining'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.
  • Telson Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Telson Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Telson Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Telson Mining'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 Telson Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TSN 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 17.72 -143.40 6.71
2018-06-30 7.51 -180.50 5.74
2018-03-31 -1.53 4.01
2017-12-31 -2.19 3.16
2017-09-30 135.76 3.75
2017-06-30 172.25 4.03
2017-03-31 -4.63 4.10
2016-12-31 -4.52 4.47
2016-08-31 -2.60 2.54
2016-05-31 -1.70 1.65
2016-02-29 -0.95 0.86
2015-11-30 -0.71 0.68
2015-08-31 -0.49 0.36
2015-05-31 -0.61 0.49
2015-02-28 -0.70 0.56
2014-11-30 -0.77 0.55
2014-08-31 -0.86 0.76
2014-05-31 -0.86 0.74
2014-02-28 -1.38 0.90
2013-11-30 -1.60 1.13
2013-08-31 -1.75 1.25
2013-05-31 -1.88 1.40
2013-02-28 -1.66 1.50
2012-11-30 -3.44 3.27
2012-08-31 -3.53 3.33
2012-05-31 -3.55 3.33

*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 Telson Mining 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 Telson Mining 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 Telson Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Telson Mining'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.
Telson Mining 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 Telson Mining'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 Telson Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Telson Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Telson Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Telson Mining'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.
  • High level of physical assets or inventory.
  • Telson Mining 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 Telson Mining Company Filings, last reported 5 months ago.

TSXV:TSN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -3.79 20.16 6.04
2018-06-30 1.16 21.57 1.21
2018-03-31 0.57 21.91 6.68
2017-12-31 1.83 22.33 12.00
2017-09-30 140.90 11.58 4.63
2017-06-30 178.73 5.16 0.26
2017-03-31 -2.31 5.83 1.93
2016-12-31 -1.73 4.36 2.49
2016-08-31 0.05 1.74 1.91
2016-05-31 0.88 0.00 1.01
2016-02-29 -0.13 0.00 0.26
2015-11-30 0.20 0.00 0.64
2015-08-31 -1.03 0.79 0.57
2015-05-31 -1.81 0.85 0.01
2015-02-28 -1.79 0.33 0.00
2014-11-30 -1.65 0.31 0.00
2014-08-31 -1.22 0.53 0.00
2014-05-31 -1.00 0.50 0.04
2014-02-28 -1.07 0.31 0.02
2013-11-30 -0.96 0.50 0.01
2013-08-31 -0.76 0.49 0.09
2013-05-31 -0.94 0.55 0.07
2013-02-28 -0.72 0.53 0.03
2012-11-30 21.93 0.52 0.01
2012-08-31 22.11 0.36 0.01
2012-05-31 22.33 0.32 0.21
  • Telson Mining has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Telson Mining'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.

  • Telson Mining has less than a year of cash runway based on current free cash flow.
  • Telson Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 75% each year.
X
Financial health checks
We assess Telson Mining'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. Telson Mining has a total score of 0/6, 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.

Dividends

 What is Telson Mining'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 Telson Mining dividends.
If you bought CA$2,000 of Telson Mining 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 Telson Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Telson Mining'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:TSN 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 Telson Mining has not reported any payouts.
  • Unable to verify if Telson Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Telson Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Telson Mining 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 Telson Mining'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 Telson Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Telson Mining 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

 What is the CEO of Telson Mining'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
José Berlanga Balderas
COMPENSATION CA$653,792
TENURE AS CEO 3.3 years
CEO Bio

Mr. José Antonio Berlanga Balderas P.Eng., has been the Chief Executive Officer at Cortez Gold Corp., since January 15, 2013. Mr. Balderas has been Chief Executive Officer at Telson Resources Inc. since November 20, 2015. Mr. Balderas serves as the Chief Executive Officer and President of Reyna Mining, S.A. de C.V. In his 37 years of experience in the resource sector, Mr. Balderas participated in Minera Autlan as Mine Superintendent of a high-tech underground mine, General Manager of Minas Nuevas, a gold heap leach operation, Servicios Industriales Peñoles, S.A. de C.V., one of the largest mining companies in Mexico, where his experience ranged from evaluating exploration projects to planning and constructing Peñoles' mining operations and the development of several mining projects in Mexico including El Oro - Tlalpujahua, La Negra, Rosario, Morelos Sur, El Barqueno, Malpica and Tototlan del Oro. Some of the projects that he through Reyna Minas has participated in include: El Oro in the State of Mexico; La Negra in Querétaro; and Pinzan Morado in Guerrero. He has also promoted important mining assets with Canadian companies, including the Morelos Sur and El Barqueño projects with Cayden Resources. During his professional career, Mr. Balderas worked eight years in Servicios Industriales Peñoles, S.A. de C.V. on various projects from 1978 to 1985 and in 1993; Minera Autlán I 1976 and 1977 as mine superintendent. From 1994 to 2000, he gained invaluable knowledge of the deposits and mines in Mexico while served as Technical Subdirector of Fideicomiso de Fomento Minero which is a state company promoting mining in Mexico as well as offering technical and financial assistance to mining companies. He was also the President of the College of Mining, Metallurgical and Geological Engineers of Mexico and a partner in Internacional de Metales Preciosos, the largest gold and silver trader in Mexico. He serves as a Director of Altiplano Goldsilver, S.A. de C.V., a subsidiary of Starcore International Mines Ltd. Mr. Balderas has been a Director of Cortez Gold Corp., since January 15, 2013 and Telson Resources Inc. since November 27, 2015. Mr. Berlanga is a Graduate of the National University of Mexico with a Degree in Mining and Metallurgy. Mr. Balderas is a Mining and Metallurgist Engineer.

CEO Compensation
  • José's compensation has increased whilst company is loss making.
  • José's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Telson Mining management team in years:

3
Average Tenure
  • The tenure for the Telson Mining management team is about average.
Management Team

José Berlanga Balderas

TITLE
CEO & Director
COMPENSATION
CA$654K
TENURE
3.3 yrs

Ralph Shearing

TITLE
President & Director
COMPENSATION
CA$385K
AGE
61

Omar Abrego

TITLE
Chief Financial Officer
COMPENSATION
CA$288K
TENURE
2.8 yrs

Enrique Vergara

TITLE
VP of Corporate Development & Director
COMPENSATION
CA$475K
TENURE
3.3 yrs

Glen Sandwell

TITLE
Corporate Communications Manager

Jesus Robles-Valdez

TITLE
Chief Geological Engineer

Guillermo Hernandez

TITLE
Manager of Reserves & Exploration

Don Crossley

TITLE
COMPENSATION
CA$58K
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the Telson Mining board of directors in years:

3.3
Average Tenure
61
Average Age
  • The tenure for the Telson Mining board of directors is about average.
Board of Directors

José Berlanga Balderas

TITLE
CEO & Director
COMPENSATION
CA$654K
TENURE
3.3 yrs

Ralph Shearing

TITLE
President & Director
COMPENSATION
CA$385K
AGE
61
TENURE
32.9 yrs

Enrique Vergara

TITLE
VP of Corporate Development & Director
COMPENSATION
CA$475K
TENURE
3.3 yrs

Paul P. Chung

TITLE
Member of Advisory Board
AGE
61

Art Freeze

TITLE
Member of Advisory Board
COMPENSATION
CA$5K
AGE
68
TENURE
5.2 yrs

Yao Sun

TITLE
Independent Director
COMPENSATION
CA$48K
AGE
36
TENURE
10.1 yrs

Jaime Gonzalez

TITLE
Member of Advisory Board
TENURE
6.8 yrs

Arturo Bonillas

TITLE
Director
COMPENSATION
CA$48K
AGE
60
TENURE
3.3 yrs

Remigio Martinez Müller

TITLE
Independent Director
COMPENSATION
CA$322K
AGE
74
TENURE
2 yrs

Rory Godinho

TITLE
Director
COMPENSATION
CA$64K
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Telson Mining insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
01. Mar 19 Buy Ralph Shearing Individual 28. Feb 19 28. Feb 19 5,000 CA$0.38 CA$1,900
11. Dec 18 Sell Enrique Vergara Individual 10. Dec 18 10. Dec 18 -15,000 CA$0.40 CA$-6,000
20. Nov 18 Buy Enrique Vergara Individual 20. Nov 18 20. Nov 18 35,000 CA$0.44 CA$15,575
11. Oct 18 Buy Roberto Guzman Garcia Individual 09. Oct 18 09. Oct 18 906,480 CA$0.75 CA$679,860
11. Oct 18 Buy Estrategica Corporativa En Finanzas S.A.P.I. De C.V. Company 09. Oct 18 09. Oct 18 3,317,719 CA$0.75 CA$2,488,289
11. Oct 18 Buy Enrique Vergara Individual 09. Oct 18 09. Oct 18 1,817,493 CA$0.75 CA$1,363,119
11. Oct 18 Buy José Berlanga Balderas Individual 09. Oct 18 09. Oct 18 1,967,063 CA$0.75 CA$1,475,297
01. Oct 18 Buy Enrique Vergara Individual 27. Sep 18 27. Sep 18 18,700 CA$0.59 CA$10,955
22. Aug 18 Buy Rory Godinho Individual 14. Aug 18 14. Aug 18 10,000 CA$0.48 CA$4,800
10. Aug 18 Buy José Berlanga Balderas Individual 09. Aug 18 10. Aug 18 35,000 CA$0.61 CA$21,389
09. Jul 18 Sell Enrique Vergara Individual 05. Jul 18 05. Jul 18 -44,000 CA$0.75 CA$-32,912
09. Jul 18 Buy Enrique Vergara Individual 05. Jul 18 05. Jul 18 7,500 CA$0.78 CA$5,825
05. Jun 18 Sell José Berlanga Balderas Individual 01. Jun 18 01. Jun 18 -112,603 CA$0.15 CA$-16,890
15. May 18 Sell Enrique Vergara Individual 15. May 18 15. May 18 -23,000 CA$0.82 CA$-18,860
03. May 18 Sell José Berlanga Balderas Individual 03. May 18 03. May 18 -166,666 CA$0.15 CA$-25,000
05. Apr 18 Sell Enrique Vergara Individual 03. Apr 18 03. Apr 18 -17,000 CA$0.82 CA$-13,700
05. Apr 18 Buy Enrique Vergara Individual 02. Apr 18 02. Apr 18 42,000 CA$0.81 CA$32,925
04. Apr 18 Sell Ralph Shearing Individual 03. Apr 18 03. Apr 18 -166,665 CA$0.13 CA$-21,667
20. Mar 18 Sell José Berlanga Balderas Individual 19. Mar 18 19. Mar 18 -200,000 CA$0.72 CA$-144,000
X
Management checks
We assess Telson Mining'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. Telson Mining 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

Does Market Volatility Impact Telson Mining Corporation's (CVE:TSN) Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Many Insiders Bought Telson Mining Corporation (CVE:TSN) Shares?

The Last 12 Months Of Insider Transactions At Telson Mining. … Chief Executive Officer & Director José Berlanga Balderas made the biggest insider purchase in the last 12 months. … That means that even when the share price was higher, an insider wanted to purchase shares

Simply Wall St -

How Does Investing In Telson Mining Corporation (CVE:TSN) Impact Your Portfolio?

If you're interested in Telson Mining Corporation (CVE:TSN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … The first thing to understand about beta is that the beta of the overall market is one.

Simply Wall St -

Is Telson Mining Corporation's (CVE:TSN) Balance Sheet Strong Enough To Weather A Storm?

Telson Mining Corporation (CVE:TSN) is a small-cap stock with a market capitalization of CA$101.54m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Is Telson Mining Corporation's (CVE:TSN) Balance Sheet Strong Enough To Weather A Storm?

TSN has built up its total debt levels in the last twelve months, from CA$4.36M to CA$22.33M – this includes both the current and long-term debt. … With this rise in debt, the current cash and short-term investment levels stands at CA$12.00M for investing into the business. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: TSN’s high debt levels is not met with high cash flow coverage.

Simply Wall St -

Company Info

Description

Telson Mining Corporation engages in acquisition, exploration, and development of mineral resource projects in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds interest in the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in northwestern Durango State, Mexico; and the Campo Morado mine consisting of 6 mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico. The company was formerly known as Telson Resources Inc. and changed its name to Telson Mining Corporation in February 2018. Telson Mining Corporation was incorporated in 1986 and is headquartered in Vancouver, Canada.

Details
Name: Telson Mining Corporation
TSN
Exchange: TSXV
Founded: 1986
CA$55,827,650
139,569,125
Website: http://www.telsonmining.com
Address: Telson Mining Corporation
1111 Melville Street,
Suite 1000,
Vancouver,
British Columbia, V6E 3V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TSN Common Shares TSX Venture Exchange CA CAD 15. Sep 1988
OTCPK SOHF.F Common Shares Pink Sheets LLC US USD 15. Sep 1988
DB SQ82 Common Shares Deutsche Boerse AG DE EUR 15. Sep 1988
Number of employees
Current staff
Staff numbers
0
Telson Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:42
End of day share price update: 2019/03/15 00:00
Last earnings filing: 2018/11/29
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.