TSXV:XTM

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Transition Metals

Executive Summary

Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

XTM

-2.3%

CA Metals and Mining

2.7%

CA Market


1 Year Return

-3.4%

XTM

36.5%

CA Metals and Mining

0.5%

CA Market

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.


Shareholder returns

XTMIndustryMarket
7 Day0%-2.3%2.7%
30 Day-6.7%-5.6%12.7%
90 Day-24.3%-12.7%7.5%
1 Year-3.4%-3.4%37.7%36.5%4.2%0.5%
3 Year-3.4%-3.4%42.3%39.3%12.8%1.9%
5 Year7.7%7.7%131.8%124.7%49.7%26.8%

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

Valuation

Is Transition Metals undervalued compared to its fair value and its price relative to the market?

1.33x

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).


Next Steps

Future Growth

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

27.6%

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.


Next Steps

Past Performance

How has Transition Metals performed over the past 5 years?

-15.5%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.2yrs

Average management tenure


CEO

Scott McLean (58 yo)

11yrs

Tenure

CA$90,260

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Scott McLean
President11yrsCA$90.26k4.17%
CA$ 326.7k
Christopher Chadder
Chief Financial Officer6.83yrsCA$53.40k0.13%
CA$ 10.5k
Gregory Collins
Chief Operating Officer9.92yrsCA$135.79k1.28%
CA$ 100.7k
Thomas Hart
Vice President of Exploration9.17yrsCA$160.05kno data
Kevin Stevens
Geophysicist Advisor4.67yrsCA$142.60kno data

9.2yrs

Average Tenure

57yo

Average Age

Experienced Management: XTM's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott McLean
President11yrsCA$90.26k4.17%
CA$ 326.7k
William Pearson
Independent Director7.25yrsCA$14.00k0.55%
CA$ 42.9k
Thomas Atkins
Independent Director9.67yrsCA$14.00kno data
Jason Marks
Independent Director7.25yrsCA$17.50kno data
Jon Baird
Independent Director9.67yrsCA$14.00k0.18%
CA$ 14.2k
Brian Montgomery
Independent Director7.25yrsCA$14.00k0.19%
CA$ 14.6k

8.5yrs

Average Tenure

64yo

Average Age

Experienced Board: XTM's board of directors are considered experienced (8.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.4%.


Top Shareholders

Company Information

Transition Metals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Transition Metals Corp.
  • 410 Falconbridge Road
  • Suite 5
  • Sudbury
  • Ontario
  • P3A 4S4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XTMTSXV (TSX Venture Exchange)YesNew Common StockCACADAug 2013
TNTM.FOTCPK (Pink Sheets LLC)YesNew Common StockUSUSDAug 2013

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:29
End of Day Share Price2020/11/27 00:00
Earnings2020/05/31
Annual Earnings2019/08/31


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.