Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. More Details
Flawless balance sheet and overvalued.
Share Price & News
How has Transition Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XTM is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: XTM's weekly volatility has decreased from 16% to 10% over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: XTM underperformed the Canadian Metals and Mining industry which returned 36.5% over the past year.
Return vs Market: XTM underperformed the Canadian Market which returned 0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Transition Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StHere's Why We're Watching Transition Metals's (CVE:XTM) Cash Burn Situation
1 year ago | Simply Wall StIs Transition Metals Corp. (CVE:XTM) Excessively Paying Its CEO?
1 year ago | Simply Wall StTransition Metals (CVE:XTM) Shareholders Have Enjoyed A 57% Share Price Gain
Is Transition Metals 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 XTM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate XTM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: XTM is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: XTM 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 XTM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XTM is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (2.6x).
How is Transition Metals 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 Transition Metals 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 Transition Metals'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.
- Transition Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Transition Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XTM is currently unprofitable.
Growing Profit Margin: XTM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: XTM is unprofitable, and losses have increased over the past 5 years at a rate of 15.5% per year.
Accelerating Growth: Unable to compare XTM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XTM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: XTM has a negative Return on Equity (-22.77%), as it is currently unprofitable.
How is Transition Metals's financial position?
Financial Position Analysis
Short Term Liabilities: XTM's short term assets (CA$1.3M) exceed its short term liabilities (CA$378.8K).
Long Term Liabilities: XTM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XTM is debt free.
Reducing Debt: XTM had no debt 5 years ago.
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: XTM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XTM is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.
What is Transition Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate XTM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate XTM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if XTM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if XTM'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 XTM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott McLean (58 yo)
Mr. Scott McLean, HBSc., P.Geo., is the Chief Executive Officer and President at Transition Metals Corp since November 5, 2009. Mr. McLean is responsible for establishing the business and administrative fr...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD69.53K) is below average for companies of similar size in the Canadian market ($USD163.92K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||6.83yrs||CA$53.40k||0.13% |
|Chief Operating Officer||9.92yrs||CA$135.79k||1.28% |
|Vice President of Exploration||9.17yrs||CA$160.05k||no data|
|Geophysicist Advisor||4.67yrs||CA$142.60k||no data|
Experienced Management: XTM's management team is seasoned and experienced (9.2 years average tenure).
|Independent Director||7.25yrs||CA$14.00k||0.55% |
|Independent Director||9.67yrs||CA$14.00k||no data|
|Independent Director||7.25yrs||CA$17.50k||no data|
|Independent Director||9.67yrs||CA$14.00k||0.18% |
|Independent Director||7.25yrs||CA$14.00k||0.19% |
Experienced Board: XTM's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.4%.
Transition Metals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Transition Metals Corp.
- Ticker: XTM
- Exchange: TSXV
- Founded: 2009
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$7.837m
- Shares outstanding: 55.98m
- Website: https://www.transitionmetalscorp.com
- Transition Metals Corp.
- 410 Falconbridge Road
- Suite 5
- P3A 4S4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|XTM||TSXV (TSX Venture Exchange)||Yes||New Common Stock||CA||CAD||Aug 2013|
|TNTM.F||OTCPK (Pink Sheets LLC)||Yes||New Common Stock||US||USD||Aug 2013|
Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, copper, nickel, platinum, and palladium projects with an owne...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 23:29|
|End of Day Share Price||2020/11/27 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.