Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada.
Adequate balance sheet and overvalued.
Share Price & News
How has Tower Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TWR has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: TWR exceeded the Canadian Metals and Mining industry which returned 28.1% over the past year.
Return vs Market: TWR exceeded the Canadian Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is Tower Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Tower Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TWR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TWR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TWR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: TWR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TWR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TWR is good value based on its PB Ratio (0.7x) compared to the CA Metals and Mining industry average (1.5x).
How is Tower Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 Tower 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 SimplyWall St do have past financial data.
- Examine Tower Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Tower Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Tower Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TWR is currently unprofitable.
Growing Profit Margin: TWR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TWR is unprofitable, but has reduced losses over the past 5 years at a rate of 10.1% per year.
Accelerating Growth: Unable to compare TWR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TWR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).
Return on Equity
High ROE: TWR has a negative Return on Equity (-9.04%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Tower Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TWR's short term assets (CA$431.0K) exceed its short term liabilities (CA$69.6K).
Long Term Liabilities: TWR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TWR is debt free.
Reducing Debt: TWR had no debt 5 years ago.
Inventory Level: TWR has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TWR's debt is covered by short term assets.
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: TWR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TWR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -25.1% each year
What is Tower Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TWR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TWR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TWR'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 TWR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
What is the CEO of Tower Resources's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
R. Dhami 0
Mr. R. Joe Dhami serves as the President Chief Executive Officer and Director at Tower Resources Limited since April 4, 2019. Mr. Dhami has over 20 years of experience in the capital markets working with p ...
Management Age and Tenure
Experienced Management: TWR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Age and Tenure
Experienced Board: TWR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Member of the Board of Directors
Chief Executive Officer
Chairman of the Board
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.
Mark Ashcroft (46yo)
- Tenure: 1.7yrs
Martin Hodges (35yo)
Lesia Burianyk (43yo)
Interim Chief Financial Officer
- Tenure: 1.8yrs
- Compensation: CA$23.90k
- Tenure: 1.8yrs
- Tenure: 0.8yrs
Gerry Shields (65yo)
- Tenure: 1.8yrs
- Tenure: 3.4yrs
- Tenure: 1.8yrs
- Tenure: 0.8yrs
Tower Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Tower Resources Ltd.
- Ticker: TWR
- Exchange: TSXV
- Founded: 1988
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$3.677m
- Shares outstanding: 105.07m
- Website: https://www.towerresources.ca
- Tower Resources Ltd.
- 1112 West Pender Street
- Suite 912
- British Columbia
- V6E 2S1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TWR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 1996|
|TWRF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1996|
|T7Y1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1996|
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its principal properties include the Rabbit North copper-gold porphyry project that comprises 34 mineral tenures covering an area of 16,400 hectares located in the Kamloops mining division of British Columbia; the Nechako gold project, which comprises 10 mineral tenures totalling 2,975 hectares in the Nechako Plateau Region of central British Columbia; the Belle copper-gold porphyry project in the Toodoggone district; and the More Creek and Voigtberg gold projects in the Golden Triangle area. The company was formerly known as Tower Energy Ltd. and changed its name to Tower Resources Ltd. in September 2011. Tower Resources Ltd. was incorporated in 1988 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/23 00:17|
|End of Day Share Price||2020/01/22 00:00|
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.