DB:T5MB

Stock Analysis Report

Executive Summary

Thor Mining PLC engages in the exploration and development of mineral properties in Australia and the United States.

Risk Analysis

Earnings have declined by -1.63% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (€4M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 2 more risks


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Thor Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: T5MB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

20.0%

T5MB

-8.0%

DE Metals and Mining

0.2%

DE Market


1 Year Return

-62.5%

T5MB

-20.6%

DE Metals and Mining

14.4%

DE Market

Return vs Industry: T5MB underperformed the German Metals and Mining industry which returned -18.4% over the past year.

Return vs Market: T5MB underperformed the German Market which returned 14.1% over the past year.


Shareholder returns

T5MBIndustryMarket
7 Day20.0%-8.0%0.2%
30 Day50.0%-12.1%0.9%
90 Day100.0%-8.8%4.6%
1 Year-62.5%-62.5%-19.8%-20.6%17.9%14.4%
3 Year-25.0%-25.0%-48.9%-50.4%15.7%5.6%
5 Year-88.0%-88.0%-44.2%-47.0%23.4%6.5%

Price Volatility Vs. Market

How volatile is Thor Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Thor Mining undervalued compared to its fair value and its price relative to the market?

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate T5MB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate T5MB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: T5MB is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: T5MB is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate T5MB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: T5MB is good value based on its PB Ratio (0.2x) compared to the DE Metals and Mining industry average (4.2x).


Next Steps

Future Growth

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

10.9%

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 Thor 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Thor Mining performed over the past 5 years?

-1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: T5MB is currently unprofitable.

Growing Profit Margin: T5MB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: T5MB is unprofitable, and losses have increased over the past 5 years at a rate of -1.6% per year.

Accelerating Growth: Unable to compare T5MB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: T5MB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.3%).


Return on Equity

High ROE: T5MB has a negative Return on Equity (-5.89%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Thor Mining's financial position?


Financial Position Analysis

Short Term Liabilities: T5MB's short term assets (£587.0K) exceed its short term liabilities (£290.0K).

Long Term Liabilities: T5MB has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: T5MB is debt free.

Reducing Debt: T5MB has no debt compared to 5 years ago when its debt to equity ratio was 5.7%.


Balance Sheet

Inventory Level: T5MB has a low level of unsold assets or inventory.

Debt Coverage by Assets: T5MB's debt is not covered by short term assets (assets are -117.4x debt).


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: T5MB has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: T5MB has less than a year of cash runway if free cash flow continues to reduce at historical rates of -3.8% each year


Next Steps

Dividend

What is Thor Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage6.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate T5MB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate T5MB'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 T5MB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if T5MB'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 T5MB's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

9.7yrs

Average management tenure


CEO

Mick Billing (65yo)

10.7yrs

Tenure

UK£148,000

Compensation

Mr. Michael Robert Billing, also known as Mick, BBus, CPA, MAICD, serves as the Chief Executive Officer of Thor Mining PLC. Mr. Billing serves as a Company Secretary of Australian Orthopaedic Innovations P ...


CEO Compensation Analysis

Compensation vs Market: Mick's total compensation ($USD191.59K) is below average for companies of similar size in the German market ($USD413.42K).

Compensation vs Earnings: Mick's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Billing
Executive Chairman & CEO10.7yrsUK£148.00k7.05% £318.7k
Raymond Ridge
CFO & Company Secretary5.8yrsUK£46.00kno data
Richard Bradey
Executive Director2.2yrsUK£131.00k0.0029% £133.3
Stephen Ronaldson
Joint Company Secretary6.4yrsno datano data

9.7yrs

Average Tenure

64yo

Average Age

Experienced Management: T5MB's management team is seasoned and experienced (9.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Billing
Executive Chairman & CEO10.7yrsUK£148.00k7.05% £318.7k
Richard Bradey
Executive Director2.2yrsUK£131.00k0.0029% £133.3
Stephen Ronaldson
Joint Company Secretary6.4yrsno datano data
Mark Potter
Non-Executive Director0.5yrsno datano data

4.3yrs

Average Tenure

59yo

Average Age

Experienced Board: T5MB's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: T5MB 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 30.9%.


Top Shareholders

Company Information

Thor Mining PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Thor Mining PLC
  • Ticker: T5MB
  • Exchange: DB
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: UK£3.768m
  • Listing Market Cap: UK£4.519m
  • Shares outstanding: 1.08b
  • Website: https://www.thormining.com

Number of Employees


Location

  • Thor Mining PLC
  • Salisbury House
  • London Wall
  • London
  • Greater London
  • EC2M 5PS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
T5MCBST (Boerse-Stuttgart)Ord Gbp0.0001DEEURNo data
THRAIM (London Stock Exchange AIM Market)Ord Gbp0.0001GBGBPNo data
THRAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJun 2005
THRASX (Australian Securities Exchange)CDI ORD GBP0.0001AUAUDSep 2006
T5MBDB (Deutsche Boerse AG)CDI ORD GBP0.0001DEEURSep 2006
THRCHIA (Chi-X Australia)CDI ORD GBP0.0001AUAUDSep 2006
THRCHIA (Chi-X Australia)CDI ORD GBP0.0001AUAUDSep 2006

Biography

Thor Mining PLC engages in the exploration and development of mineral properties in Australia and the United States. It explores for tungsten, molybdenum, copper, uranium, lithium, and gold deposits. The company’s primary assets include comprise the Molyhil Tungsten-Molybdenum project located in the Northern Territory of Australia; and the Pilot Mountain tungsten project located in Nevada, the United States. Thor Mining PLC was incorporated in 2004 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 21:23
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.