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1SN

First Tin LSE:1SN Stock Report

Last Price

UK£0.10

Market Cap

UK£27.8m

7D

-10.9%

1Y

n/a

Updated

01 Oct, 2022

Data

Company Financials
1SN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

1SN Stock Overview

First Tin Plc operates as an exploration and development group focused on tin and associated metals in Germany and Australia.

First Tin Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Tin
Historical stock prices
Current Share PriceUK£0.10
52 Week HighUK£0.32
52 Week LowUK£0.10
Beta0
1 Month Change-19.42%
3 Month Change-32.96%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-65.08%

Recent News & Updates

Shareholder Returns

1SNGB Metals and MiningGB Market
7D-10.9%3.8%-1.7%
1Yn/a-6.2%-15.1%

Return vs Industry: Insufficient data to determine how 1SN performed against the UK Metals and Mining industry.

Return vs Market: Insufficient data to determine how 1SN performed against the UK Market.

Price Volatility

Is 1SN's price volatile compared to industry and market?
1SN volatility
1SN Average Weekly Movement4.4%
Metals and Mining Industry Average Movement7.9%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.8%

Stable Share Price: 1SN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: Insufficient data to determine 1SN's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20126Thomas Buengerhttps://firsttin.com

First Tin Plc operates as an exploration and development group focused on tin and associated metals in Germany and Australia. Its flagship assets include the Tellerhäuser Project in Saxony, Germany; and the Taronga Project in New South Wales, Australia. The company was incorporated in 2012 and is based in London, the United Kingdom.

First Tin Fundamentals Summary

How do First Tin's earnings and revenue compare to its market cap?
1SN fundamental statistics
Market CapUK£27.81m
Earnings (TTM)-UK£2.90m
Revenue (TTM)n/a

0.0x

P/S Ratio

-9.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1SN income statement (TTM)
RevenueUK£0
Cost of RevenueUK£0
Gross ProfitUK£0
Other ExpensesUK£2.90m
Earnings-UK£2.90m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did 1SN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1SN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1SN?

Other financial metrics that can be useful for relative valuation.

1SN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-3.7x
PEG Ration/a

Price to Book Ratio vs Peers

How does 1SN's PB Ratio compare to its peers?

1SN PB Ratio vs Peers
The above table shows the PB ratio for 1SN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.4x
MTR Metal Tiger
1xn/aUK£27.5m
UFO Alien Metals
1.8xn/aUK£26.1m
ZNWD Zinnwald Lithium
1.3xn/aUK£25.7m
POW Power Metal Resources
2.9xn/aUK£24.2m
1SN First Tin
0.6xn/aUK£27.8m

Price-To-Book vs Peers: 1SN is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (1.4x).


Price to Earnings Ratio vs Industry

How does 1SN's PE Ratio compare vs other companies in the GB Metals and Mining Industry?

Price-To-Book vs Industry: 1SN is good value based on its Price-To-Book Ratio (0.6x) compared to the UK Metals and Mining industry average (1x)


Price to Book Ratio vs Fair Ratio

What is 1SN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1SN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 1SN's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1SN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1SN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1SN's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-16.2%

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 First Tin 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.


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  • Examine First Tin'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.
  • First Tin competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has First Tin performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-206.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: 1SN is currently unprofitable.

Growing Profit Margin: 1SN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if 1SN's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare 1SN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1SN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.4%).


Return on Equity

High ROE: 1SN has a negative Return on Equity (-6.77%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is First Tin's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 1SN's short term assets (£19.2M) exceed its short term liabilities (£387.5K).

Long Term Liabilities: 1SN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1SN is debt free.

Reducing Debt: 1SN 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: 1SN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 1SN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 75.3% each year


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Dividend

What is First Tin current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

First Tin Dividend Yield vs Market
How does First Tin dividend yield compare to the market?
SegmentDividend Yield
Company (First Tin)n/a
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.1%
Industry Average (Metals and Mining)9.9%
Analyst forecast in 3 Years (First Tin)n/a

Notable Dividend: Unable to evaluate 1SN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1SN'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 1SN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1SN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1SN has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.4yrs

Average board tenure


CEO

Thomas Buenger

0.92yr

Tenure

Mr. Thomas Buenger serves as Chief Executive Officer at First Tin Plc and Director since October 01, 2021. He holds PhD in metallurgy from Freiberg University with experience in base metal and semiconducto...


Board Members

Experienced Board: 1SN's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: 1SN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

LSE:1SN Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
11 Jul 22BuyUK£74,203Thomas BuengerIndividual500,000UK£0.15
10 Jun 22BuyUK£93,962Thomas BuengerIndividual500,000UK£0.19

Ownership Breakdown

What is the ownership structure of 1SN?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders16,051,3446.0%
Private Companies30,795,88211.6%
General Public42,587,39016.0%
Public Companies60,000,00022.6%
Institutions116,100,35643.7%

Dilution of Shares: 1SN only recently listed within the past 12 months.


Top Shareholders

Top 25 shareholders own 80.35% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
22.6%
Aus Tin Mining Limited
60,000,000£6.3m0%no data
15.36%
Baker Steel Capital Managers LLP
40,788,014£4.3m0%0.6%
7.53%
Arlington Partners Fund Ltd
20,000,000£2.1m0%no data
4.75%
Sheung Man Lau
12,623,611£1.3m0%no data
4.65%
UBS Asset Management
12,341,839£1.3m0%no data
4.39%
Sparta AG
11,666,667£1.2m0%2.12%
2.92%
W H Ireland Group plc, Asset Management Arm
7,755,000£812.3k0%0.5%
2.82%
Konwave AG
7,500,000£785.6k0%0.11%
2.39%
M. D. Barnard & Co. Ltd., Asset Management Arm
6,345,584£664.7k0%0.91%
2.26%
Janus Henderson Group plc
6,000,000£628.5k0%no data
1.42%
Jarvis Securities plc, Asset Management Arm
3,777,367£395.7k0%0.03%
1.13%
Thomas Buenger
3,010,400£315.3k19.92%no data
0.96%
Protrade Solutions Sa
2,559,398£268.1k0%no data
0.94%
Arlington Group Asset Management Limited
2,501,333£262.0k0%100%
0.94%
Peel Hunt LLP., Asset Management Arm
2,500,000£261.9k0%0.15%
0.88%
SG Hambros Bank Limited, Asset Management Arm
2,334,000£244.5k0%0.05%
0.75%
Mining Associates Ltd
2,000,000£209.5k0%no data
0.69%
Dalbit International Limited
1,833,333£192.0k0%no data
0.63%
Societe Generale Group, Banking Investments
1,666,667£174.6k0%no data
0.52%
Canaccord Genuity Wealth (International) Limited
1,383,333£144.9k0%no data
0.46%
UniSuper Management Pty Limited
1,234,149£129.3k0%0.02%
0.37%
RBC Global Asset Management Inc.
980,000£102.7k0%no data
0.33%
Mediobanca Banca di Credito Finanziario S.p.A., Asset Management Arm
865,000£90.6k0%0.05%
0.32%
Credit Suisse, Investment Banking and Securities Investments
856,824£89.8k0%no data
0.31%
Hemiola Holding Ltd
834,147£87.4k0%no data

Company Information

First Tin Plc's employee growth, exchange listings and data sources


Key Information

  • Name: First Tin Plc
  • Ticker: 1SN
  • Exchange: LSE
  • Founded: 2012
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: UK£27.815m
  • Shares outstanding: 265.53m
  • Website: https://firsttin.com

Number of Employees


Location

  • First Tin Plc
  • First Floor
  • 47-48 Piccadilly
  • London
  • Greater London
  • W1J 0DT
  • United Kingdom


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1SNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2022
1SNLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 2022

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.