Taruga Minerals (DB:2TU) - Stock Price, News & Analysis

2TU Stock Overview

Engages in the mineral exploration and development activities in Australia. More details

2TU fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (€7M)

Makes less than USD$1m in revenue (A$83K)

Has less than 1 year of cash runway

Earnings have declined by 23.6% per year over past 5 years

+ 1 more risk

Taruga Minerals Limited Competitors

Pasinex Resources

DB:PNX

€1.4m

IberAmerican Lithium

DB:W2C

€1.0m

Greenland Resources

DB:M0LY

€78.4m

Alderan Resources

ASX:AL8

AU$5.7m

Price History & Performance

Summary of all time highs, changes and price drops for Taruga Minerals
Historical stock prices
Current Share Price	AU$0.005
52 Week High	AU$0.011
52 Week Low	AU$0.0005
Beta	1.62
11 Month Change	-16.67%
3 Month Change	25.00%
1 Year Change	150.00%
33 Year Change	-70.59%
5 Year Change	-16.67%
Change since IPO	-82.14%

Recent updates

Shareholder Returns

	2TU	DE Metals and Mining	DE Market
7D	-23.1%	1.3%	0.8%
1Y	150.0%	-26.8%	9.1%

Return vs Industry: 2TU exceeded the German Metals and Mining industry which returned -26.8% over the past year.

Return vs Market: 2TU exceeded the German Market which returned 9.1% over the past year.

Price Volatility

Is 2TU's price volatile compared to industry and market?
2TU volatility
2TU Average Weekly Movement	24.9%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 2TU's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 2TU's weekly volatility has decreased from 137% to 25% over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2011	n/a	n/a	tarugaminerals.com.au

Taruga Minerals Limited engages in the mineral exploration and development activities in Australia. The company primarily explores for gold, copper, silver, cobalt, zinc, lead, base, and rare earth element metals deposits. It holds 100% interests in the Mt Craig Copper, Torrens, Curnamona, Flinders, and Martins Well projects located in South Australia.

Taruga Minerals Limited Fundamentals Summary

How do Taruga Minerals's earnings and revenue compare to its market cap?
2TU fundamental statistics
Market cap	€4.37m
Earnings (TTM)	-€6.38m
Revenue (TTM)	€51.25k

85.3x

P/S Ratio

-0.7x

P/E Ratio

Is 2TU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2TU income statement (TTM)
Revenue	AU$82.73k
Cost of Revenue	AU$0
Gross Profit	AU$82.73k
Other Expenses	AU$10.38m
Earnings	-AU$10.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.015
Gross Margin	100.00%
Net Profit Margin	-12,449.02%
Debt/Equity Ratio	0%

How did 2TU perform over the long term?

See historical performance and comparison

2TU Stock Overview

Risk Analysis

Taruga Minerals Limited Competitors

DB:PNX

€1.4m

DB:W2C

€1.0m

DB:M0LY

€78.4m

ASX:AL8

AU$5.7m

Price History & Performance

Recent News & Updates

Taruga Minerals Limited has announced a Derivatives Offering in the amount of AUD 0.176507 million.

Taruga Minerals Limited Announces Board Changes

First half 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2023)

New minor risk - Financial data availability

Taruga Minerals Limited, Annual General Meeting, Nov 22, 2024

First half 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2023)

Recent updates

Taruga Minerals Limited has announced a Derivatives Offering in the amount of AUD 0.176507 million.

Taruga Minerals Limited Announces Board Changes

First half 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2023)

New minor risk - Financial data availability

Taruga Minerals Limited, Annual General Meeting, Nov 22, 2024

First half 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2023)

Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2022)

Taruga Minerals Limited, Annual General Meeting, Nov 29, 2023

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2022)

Taruga Minerals Limited Announces Resignation of Thomas Line as CEO

Taruga Minerals Limited Announces the Initial Metallurgical Test Results from Acid Leach Trials Conducted by Leading Rare Earth Research and Testwork Facility Ansto Minerals

No independent directors

Taruga Minerals Limited Announces Exceptional Rare Earth Drill Results at Morgans Creek

Taruga Minerals Limited Announces Exceptional Rare Earth Drill Results at Morgans Creek

Taruga Minerals Limited Announces the First Batch of Assays Have Been Returned for the Rare Earth Focussed Drilling Program At Morgans Creek

Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in FY 2021)

Taruga Minerals Limited, Annual General Meeting, Nov 24, 2022

Taruga Minerals Limited Completes Drilling Campaign At Morgans Creek

Taruga Minerals Limited Announces Rare Earth Drilling Commenced At Mt Craig

Taruga Minerals Limited Announces Rare Earth Drilling Commenced At Mt Craig

Taruga Minerals Limited Announces Successful Bid for Martins Well Project

Taruga Minerals Limited Announces Initial Drill Targets for A Rotary Air Blast (RAB) Drilling Campaign Have Been Defines At Morgans Creek, Within the Mt Craig Project

Taruga Minerals Limited Announces Exceptional REE Recoveries Continue At Morgans Creek

Taruga Minerals Limited Announces Commencement of Auger Drilling on REE & Copper Targets At Mt Craig Project

Taruga Minerals Limited Updates on the Results of Analytical Testwork Completed on Drill Samples from the 2021 RC Drilling Program

Now 22% undervalued after recent price drop

No independent directors

Taruga Minerals Limited Presents Update on Manjimup Project in the Balingup Metamorphic Terrane of the Southwest of Western Australia

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Taruga Minerals Limited, Annual General Meeting, Mar 30, 2022

Taruga Minerals Limited announced that it has received AUD 2 million in funding

Taruga Minerals Limited announced that it expects to receive AUD 2 million in funding

Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in FY 2020)

Taruga Minerals Limited Provides an Update on Manjimup Precious and Base Metal Project, Western Australia

Taruga Minerals Limited Provides Exploration Update from Morgan's Creek Copper Prospect

Taruga Minerals Limited Provides Exploration Update from Wyacca Copper Prospect

Taruga Minerals Limited Announces Drilling Commences At Morgans Creek Copper Prospect

Taruga Minerals Ltd Announces New Mineralised Zone and Strike Expansion at Wyacca

Taruga Minerals Limited Announces Drill Targets Confirms At Birthday Ridge Cu Prospect

Taruga Minerals Ltd Announces Drill Targets Confirmed At Morgans Creek Cu Prospect

Taruga Minerals Limited Announces That RC Drilling Re-Commenced at Wyacca Copper Prospect, MCCP

Taruga Minerals Limited Announces Update on Mt Craig Copper Project

Taruga Minerals Limited Secures $325,000 Adi Grant, Mt Craig Copper Project

Taruga Minerals Limited (ASX:TAR) exercised an option to acquire Strikeline Resources Pty Ltd from Thomas Line and Mark Freeman.

Non-Executive Director has left the company

Non-Executive Director has left the company

Taruga Minerals Limited Announces Results from Wyacca Prospect, Mt Craig Copper

Taruga Minerals Limited Provides Flinders Heritage Clearance Update

Taruga Minerals Limited Provides Update on Manjimup Base Metal Project, Western Australia

Taruga Minerals Limited Provides an Update on Land Access At the Woolshed and Jenkins Prospects in the Northern Portion of the Flinders Project, South Australia

Taruga Minerals Limited Announces Auger Results At Jenkins South & Drilling Update at Flinders IOCG Project, SA

Taruga Minerals Limited Commences Drilling at Flinders IOCG Project, SA

Taruga Minerals Limited Announces Resignation of Sylvia Foong as Joint Company Secretary

Taruga Minerals Limited Provides Gravity Modelling and Drilling Update At Flinders IOCG Project, SA

Taruga Minerals Limited Announces Drilling to Commence At Flinders IOCG Project, Sa

Full year earnings released - €0.0062 loss per share

Taruga Minerals Limited announced that it has received AUD 4 million in funding

Taruga Minerals Limited announced that it expects to receive AUD 4 million in funding

Taruga Minerals Limited announced that it has received AUD 0.6 million in funding from Glamour Division Pty Ltd

Shareholder Returns