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TerraX Minerals

DB:TX0
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TX0
DB
CA$46M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

TerraX Minerals Inc. engages in the exploration and development of mineral properties in Canada. The last earnings update was 118 days ago. More info.


Add to Portfolio Compare Print
  • TerraX Minerals has significant price volatility in the past 3 months.
TX0 Share Price and Events
7 Day Returns
4.5%
DB:TX0
5.2%
DE Metals and Mining
2.5%
DE Market
1 Year Returns
-23.6%
DB:TX0
-36.8%
DE Metals and Mining
-6.7%
DE Market
TX0 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TerraX Minerals (TX0) 4.5% 0% -11.2% -23.6% -1.3% -50.6%
DE Metals and Mining 5.2% 5.6% -5.8% -36.8% -26.2% -21.6%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • TX0 outperformed the Metals and Mining industry which returned -36.8% over the past year.
  • TX0 underperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
TX0
Industry
5yr Volatility vs Market

TX0 Value

 Is TerraX Minerals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for TerraX Minerals. This is due to cash flow or dividend data being unavailable. The share price is €0.23.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TerraX Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TerraX Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TX0 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:TXR Share Price ** TSXV (2019-04-18) in CAD CA$0.37
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 15.21x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TerraX Minerals.

DB:TX0 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:TXR Share Price ÷ EPS (both in CAD)

= 0.37 ÷ -0.01

-30.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TerraX Minerals is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • TerraX Minerals is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does TerraX Minerals's expected growth come at a high price?
Raw Data
DB:TX0 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -30.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 61 Publicly-Listed Metals and Mining Companies 0.65x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for TerraX Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TerraX Minerals's assets?
Raw Data
DB:TX0 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.23
TSXV:TXR Share Price * TSXV (2019-04-18) in CAD CA$0.37
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 2.2x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:TX0 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:TXR Share Price ÷ Book Value per Share (both in CAD)

= 0.37 ÷ 0.23

1.6x

* Primary Listing of TerraX Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TerraX Minerals is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess TerraX Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. TerraX Minerals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TX0 Future Performance

 How is TerraX Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 TerraX Minerals 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TerraX Minerals expected to grow at an attractive rate?
  • Unable to compare TerraX Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare TerraX Minerals's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare TerraX Minerals's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:TX0 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.8%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:TX0 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:TX0 Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:TX0 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -1
2018-07-31 -2 -2
2018-04-30 -2 -2
2018-01-31 -2 -2
2017-10-31 -1 -2
2017-07-31 -1 -2
2017-04-30 -1 -2
2017-01-31 -1 -1
2016-10-31 -1 -1
2016-07-31 -1 -1
2016-04-30 -1 -1
2016-01-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if TerraX Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if TerraX Minerals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:TX0 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TerraX Minerals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TX0 Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:TX0 Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.01
2018-07-31 -0.02
2018-04-30 -0.02
2018-01-31 -0.02
2017-10-31 -0.02
2017-07-31 -0.02
2017-04-30 -0.02
2017-01-31 -0.01
2016-10-31 -0.01
2016-07-31 -0.01
2016-04-30 -0.01
2016-01-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if TerraX Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. TerraX Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. TerraX Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess TerraX Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TerraX Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TX0 Past Performance

  How has TerraX Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TerraX Minerals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TerraX Minerals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare TerraX Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare TerraX Minerals's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
TerraX Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TerraX Minerals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TX0 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -1.37 1.53
2018-07-31 -1.74 1.51
2018-04-30 -2.08 1.46
2018-01-31 -2.24 1.69
2017-10-31 -2.43 1.81
2017-07-31 -2.08 1.79
2017-04-30 -1.64 1.42
2017-01-31 -1.16 1.11
2016-10-31 -0.71 0.80
2016-07-31 -0.85 0.63
2016-04-30 -0.93 0.77
2016-01-31 -1.27 0.91
2015-10-31 -1.37 0.96
2015-07-31 -1.29 0.89
2015-04-30 -1.35 0.87
2015-01-31 -1.86 1.42
2014-10-31 -2.65 1.75
2014-07-31 -2.49 1.70
2014-04-30 -2.53 1.77
2014-01-31 -1.64 0.94
2013-10-31 -1.80 0.43
2013-07-31 -1.66 0.34
2013-04-30 -1.41 0.12
2013-01-31 -1.38 0.09
2012-10-31 -0.19 0.09
2012-07-31 -0.16 0.16
2012-04-30 -0.11 0.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if TerraX Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if TerraX Minerals has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if TerraX Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess TerraX Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TerraX Minerals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TX0 Health

 How is TerraX Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TerraX Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TerraX Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • TerraX Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TerraX Minerals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • TerraX Minerals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TerraX Minerals Company Filings, last reported 5 months ago.

DB:TX0 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 27.39 0.00 0.13
2018-07-31 27.47 0.00 1.31
2018-04-30 27.32 0.00 2.52
2018-01-31 24.39 0.00 1.07
2017-10-31 24.59 0.00 2.31
2017-07-31 23.00 0.00 2.95
2017-04-30 23.37 0.00 4.78
2017-01-31 23.00 0.00 8.21
2016-10-31 22.58 0.00 9.44
2016-07-31 18.80 0.00 8.79
2016-04-30 12.67 0.00 3.52
2016-01-31 11.37 0.00 3.92
2015-10-31 11.53 0.00 4.51
2015-07-31 11.78 0.00 6.15
2015-04-30 7.52 0.00 1.14
2015-01-31 7.73 0.00 2.49
2014-10-31 7.78 0.00 2.86
2014-07-31 5.39 0.00 1.26
2014-04-30 5.49 0.00 2.21
2014-01-31 4.15 0.00 1.66
2013-10-31 3.77 0.00 0.97
2013-07-31 3.69 0.00 1.23
2013-04-30 2.54 0.00 0.24
2013-01-31 2.45 0.00 0.39
2012-10-31 3.42 0.00 0.19
2012-07-31 3.46 0.00 0.26
2012-04-30 3.49 0.00 0.42
  • TerraX Minerals has no debt.
  • TerraX Minerals has not taken on any debt in the past 5 years.
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.

  • TerraX Minerals has less than a year of cash runway based on current free cash flow.
  • TerraX Minerals has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.6% each year.
X
Financial health checks
We assess TerraX Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TerraX Minerals has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TX0 Dividends

 What is TerraX Minerals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TerraX Minerals dividends.
If you bought €2,000 of TerraX Minerals shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TerraX Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TerraX Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:TX0 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:TX0 Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TerraX Minerals has not reported any payouts.
  • Unable to verify if TerraX Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TerraX Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TerraX Minerals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Income/ dividend checks
We assess TerraX Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TerraX Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TerraX Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TX0 Management

 What is the CEO of TerraX Minerals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dave Suda
TENURE AS CEO 0.8 years
CEO Bio

Mr. David Suda, also known as Dave, has been President and Chief Executive Officer of TerraX Minerals Inc. since June 18, 2018. Mr. Suda has over 11 years of capital markets experience. Mr. Suda served as Head of Trading and Managing Director, Equity Sales and Trading at Beacon Securities Limited. He has established relationships with investors including institutional managers and public companies. His extensive capital markets experience with a focus on public resource-based companies provides TerraX access to a skill set which includes marketing, corporate strategy and investment banking. He graduated with honours from York University with a Bachelor’s Degree in Environmental Studies.

CEO Compensation
  • Insufficient data for Dave to compare compensation growth.
  • Insufficient data for Dave to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the TerraX Minerals management team in years:

0.8
Average Tenure
  • The average tenure for the TerraX Minerals management team is less than 2 years, this suggests a new team.
Management Team

Joe Campbell

TITLE
Executive Chairman of the Board
COMPENSATION
CA$237K
AGE
61
TENURE
0.8 yrs

Stuart Rogers

TITLE
CFO & Director
COMPENSATION
CA$189K
AGE
61
TENURE
0.8 yrs

Dave Suda

TITLE
President & CEO
TENURE
0.8 yrs

Samuel Vella

TITLE
Manager of Corporate Communications

Al Sexton

TITLE
Vice President of Exploration
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the TerraX Minerals board of directors in years:

3
Average Tenure
61
Average Age
  • The tenure for the TerraX Minerals board of directors is about average.
Board of Directors

Joe Campbell

TITLE
Executive Chairman of the Board
COMPENSATION
CA$237K
AGE
61
TENURE
2.5 yrs

Stuart Rogers

TITLE
CFO & Director
COMPENSATION
CA$189K
AGE
61
TENURE
11.7 yrs

Paul Allen Reynolds

TITLE
Director
COMPENSATION
CA$35K
AGE
54
TENURE
11.3 yrs

Elif Lévesque

TITLE
Director
COMPENSATION
CA$35K
TENURE
3.6 yrs

Russell Starr

TITLE
Director
COMPENSATION
CA$233K
TENURE
1.9 yrs

Rene Carrier

TITLE
Director
COMPENSATION
CA$70K
AGE
74
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Jan 19 Buy David Suda Individual 16. Jan 19 17. Jan 19 5,000 €0.29 €1,456
14. Jan 19 Buy David Suda Individual 14. Jan 19 14. Jan 19 20,000 €0.30 €6,031
26. Nov 18 Buy Joseph Campbell Individual 16. Nov 18 16. Nov 18 125,000 €0.27 €33,333
20. Nov 18 Buy David Suda Individual 16. Nov 18 16. Nov 18 275,000 €0.27 €73,333
19. Nov 18 Buy Elif Lévesque Individual 19. Nov 18 19. Nov 18 75,000 €0.26 €19,873
19. Nov 18 Buy Stuart Rogers Individual 16. Nov 18 16. Nov 18 250,000 €0.27 €66,667
19. Nov 18 Buy Rene Carrier Individual 16. Nov 18 16. Nov 18 75,000 €0.27 €20,000
09. Oct 18 Buy David Suda Individual 04. Oct 18 04. Oct 18 13,000 €0.26 €3,330
02. Oct 18 Buy David Suda Individual 24. Sep 18 24. Sep 18 13,000 €0.25 €3,242
17. Jul 18 Buy David Suda Individual 13. Jul 18 13. Jul 18 29,000 €0.24 €6,809
06. Jul 18 Buy David Suda Individual 04. Jul 18 04. Jul 18 3,000 €0.25 €745
27. Jun 18 Buy David Suda Individual 27. Jun 18 27. Jun 18 35,000 €0.26 €9,079
21. Jun 18 Buy David Suda Individual 18. Jun 18 19. Jun 18 70,000 €0.26 €18,129
X
Management checks
We assess TerraX Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TerraX Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TX0 News

Simply Wall St News

TX0 Company Info

Description

TerraX Minerals Inc. engages in the exploration and development of mineral properties in Canada. The company holds 100% interest in the Yellowknife City gold project that includes Northbelt, Walsh Lake, Southbelt, and Eastbelt properties in the Northwest Territories, as well as other claims and property interests encompassing 772 square kilometers of land on the Yellowknife greenstone belt. It also has 100% interest in the Stewart copper/gold property, which consists of 2 mineral exploration licenses totaling approximately 137 claims covering approximately 34.25 square kilometers located in the Burin Peninsula of Newfoundland. The company was formerly known as TerraX Resource Corp. and changed its name to TerraX Minerals Inc. in March 2008. TerraX Minerals Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Details
Name: TerraX Minerals Inc.
TX0
Exchange: DB
Founded: 2007
CA$30,739,901
124,910,735
Website: http://www.terraxminerals.com
Address: TerraX Minerals Inc.
1605-777 Dunsmuir Street,
PO Box 10442,
Vancouver,
British Columbia, V7Y 1K4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TXR Common Shares TSX Venture Exchange CA CAD 03. Jul 2008
OTCPK TRXX.F Common Shares Pink Sheets LLC US USD 03. Jul 2008
DB TX0 Common Shares Deutsche Boerse AG DE EUR 03. Jul 2008
Number of employees
Current staff
Staff numbers
0
TerraX Minerals employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:37
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2017/05/31
Last earnings filing: 2018/12/21
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.