OTCPK:TRMN.F

Stock Analysis Report

Executive Summary

Trueclaim Exploration Inc. engages in the acquisition, exploration, and development of precious and base metal properties in Canada and the United States.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • Trueclaim Exploration is not covered by any analysts.

Share Price & News

How has Trueclaim Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:TRMN.F

-0.1%

US Metals and Mining

-1.6%

US Market


1 Year Return

n/a

OTCPK:TRMN.F

-17.0%

US Metals and Mining

-3.0%

US Market

No trading data on TRMN.F.

No trading data on TRMN.F.


Share holder returns

TRMN.FIndustryMarket
7 Day0%-0.1%-1.6%
30 Day0%-10.0%-5.7%
90 Day0%2.4%0.2%
1 Yearn/a-14.6%-17.0%-0.8%-3.0%
3 Year-37.2%-37.2%2.9%-2.3%38.1%29.1%
5 Year-96.5%-96.5%-19.1%-25.1%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

2.65x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Trueclaim Exploration to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Trueclaim Exploration to establish if it is available at substantial discount.


Price Based on Earnings

Trueclaim Exploration is loss making, we can't compare its value to the US Metals and Mining industry average.

Trueclaim Exploration is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Trueclaim Exploration, we can't assess if its growth is good value.


Price Based on Value of Assets

Trueclaim Exploration is overvalued based on assets compared to the US Metals and Mining industry average.


Next Steps

Future Growth

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

22.4%

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 Trueclaim Exploration 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

  • Examine Trueclaim Exploration'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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Trueclaim Exploration's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Trueclaim Exploration performed over the past 5 years?

-13.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Trueclaim Exploration does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Trueclaim Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Trueclaim Exploration's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Trueclaim Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Trueclaim Exploration has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Trueclaim Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Trueclaim Exploration's financial position?


Financial Position Analysis

Trueclaim Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Trueclaim Exploration has no long term commitments.


Debt to Equity History and Analysis

Trueclaim Exploration has no debt.

Trueclaim Exploration had no debt 5 years ago.


Balance Sheet

Low level of unsold assets.

Trueclaim Exploration has no debt, it does not need to be covered by short term assets.


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.

Trueclaim Exploration has sufficient cash runway for 1.7 years based on current free cash flow.

Trueclaim Exploration has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 132.5% each year.


Next Steps

Dividend

What is Trueclaim Exploration's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Trueclaim Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Trueclaim Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Trueclaim Exploration has not reported any payouts.

Unable to verify if Trueclaim Exploration's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Trueclaim Exploration 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.


Next Steps

Management

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

1.1yrs

Average board tenure


CEO

Byron Coulthard (55yo)

6.4yrs

Tenure

0

Mr. Byron K. Coulthard has been Chief Executive Officer at Serrano Resources Ltd. since August 2017. Mr. Coulthard has been Chief Executive Officer and President at True Grit Resources Ltd. since December  ...


CEO Compensation Analysis

Byron's remuneration is lower than average for companies of similar size in United States of America.

Byron's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

1.1yrs

Average Tenure

The average tenure for the Trueclaim Exploration board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

SellCA$6,04014 Jan 19
Daniel Fuoco
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares100,000
Max PriceCA$0.06
SellCA$5,75510 Dec 18
Daniel Fuoco
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares100,000
Max PriceCA$0.058

Ownership Breakdown


Management Team

  • Byron Coulthard (55yo)

    President

    • Tenure: 6.4yrs
  • Dan Fuoco

    Chief Financial Officer

    • Tenure: 1.6yrs

Board Members

  • Byron Coulthard (55yo)

    President

    • Tenure: 6.4yrs
  • Anthony Viele (61yo)

    Director

    • Tenure: 0.9yrs
  • Matthew Fish

    Director

    • Tenure: 1.2yrs
  • Pritpal Singh

    Director

    • Tenure: 1.1yrs

Company Information

Trueclaim Exploration Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trueclaim Exploration Inc.
  • Ticker: TRMN.F
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.594m
  • Listing Market Cap: CA$2.659m
  • Shares outstanding: 35.94m
  • Website: https://null

Location

  • Trueclaim Exploration Inc.
  • 999 Canada Place
  • Suite 404
  • Vancouver
  • British Columbia
  • V6C 3E2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRMTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2008
TRMN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2008

Biography

Trueclaim Exploration Inc. engages in the acquisition, exploration, and development of precious and base metal properties in Canada and the United States. The company explores for nickel, copper, cobalt, p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/02 00:40
End of Day Share Price2019/03/04 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.