Breakdown | |||||
TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
182.87K | 162.66K | 181.43K | 171.05K | 165.06K | 175.75K | Gross Profit |
180.75K | 162.66K | 179.64K | 171.05K | 165.06K | 175.75K | EBIT |
-446.96K | -551.15K | -542.66K | 223.02K | -407.02K | 1.56M | EBITDA |
-555.85K | -548.85K | -429.17K | -474.81K | -392.15K | -469.75K | Net Income Common Stockholders |
-557.97K | -550.93K | -541.34K | -1.18M | -433.27K | -6.55M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
217.43K | 775.75K | 121.81K | 59.41K | 472.73K | 622.86K | Total Assets |
3.15M | 1.73M | 876.43K | 901.54K | 1.36M | 1.30M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 420.00K | Net Debt |
-217.43K | -775.75K | -121.81K | -59.41K | -472.73K | -202.86K | Total Liabilities |
44.97K | 149.49K | 81.33K | 96.09K | 92.84K | 486.19K | Stockholders Equity |
3.11M | 1.58M | 795.10K | 805.45K | 1.27M | 809.68K |
Cash Flow | Free Cash Flow | ||||
-875.61K | -714.35K | -660.28K | -1.04M | -593.11K | -671.11K | Operating Cash Flow |
-662.13K | -427.13K | -419.52K | -474.39K | -355.79K | -470.00K | Investing Cash Flow |
-85.22K | -287.00K | -82.84K | -561.40K | -237.28K | -143.62K | Financing Cash Flow |
732.53K | 1.33M | 542.00K | 570.00K | 441.25K | 1.19M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
52 Neutral | £1.89B | 362.00 | 3.19% | ― | ― | ― | |
49 Neutral | $1.93B | -1.63 | -22.26% | 3.87% | 0.68% | -27.45% | |
47 Neutral | £1.49M | ― | -46.38% | ― | -10.35% | 33.33% | |
39 Underperform | £874.21K | ― | -32.26% | ― | ― | ― | |
29 Underperform | £4.86M | ― | -11.15% | ― | ― | ― |
Tertiary Minerals plc announced the completion of an initial scout drilling program at the Mukai Copper Project in Zambia, revealing promising copper and nickel mineralization. The project, managed by First Quantum Minerals Limited, is strategically located near FQM’s Trident Project. The results indicate potential for further exploration, with discussions ongoing regarding next steps. The drilling program, which met the first-year expenditure requirement of US$0.5 million, is part of a 24-month due diligence period under an agreement that could lead to a joint venture, potentially enhancing Tertiary’s industry positioning and stakeholder value.
Spark’s Take on GB:TYM Stock
According to Spark, TipRanks’ AI Analyst, GB:TYM is a Neutral.
Tertiary Minerals’ stock score reflects a challenging financial position with consistent losses, but a strong equity base and exciting exploration projects offer potential upside. Technical indicators suggest neutral momentum, while high valuation concerns persist due to negative earnings.
To see Spark’s full report on GB:TYM stock, click here.
Tertiary Minerals plc has provided an update on its drilling program at the Konkola West Copper Project in Zambia, conducted by KoBold Metals. The first drill hole, KWDD001, reached a depth of 2,711.1m but did not hit the target horizon. However, it provided valuable geological data that will inform future drilling efforts. Encouraged by the findings, KoBold has commenced drilling a second hole, KWDD002, with an expected depth of 2,000m. This project is part of an earn-in agreement with KoBold, which aims to explore potential continuations of mineralization from nearby world-class mines. The drilling program marks a significant milestone in the Zambian Copperbelt, with KWDD001 being the deepest mineral exploration drill hole in the region.
Tertiary Minerals plc has announced promising new silver assay results from its drilling activities at the Mushima North Project in Zambia. The results indicate thick intervals of silver mineralization, along with copper and zinc, at Target A1, which remain open along strike and at depth. This discovery suggests a significant potential for further exploration and development, enhancing the company’s prospects in the region and potentially increasing shareholder value.
Tertiary Minerals plc has announced additional assay results from its Mushima North Project in Zambia, revealing further wide drill intersections of silver mineralization alongside previously reported copper-zinc mineralization. The results, which include significant silver grades, confirm the presence of polymetallic mineralization at the A1 Target area, with silver now intersected in two holes 50 meters apart. The company is awaiting further assay results from additional drill holes, which could have implications for its operations and industry positioning by enhancing its resource base and attracting stakeholder interest.
Tertiary Minerals PLC announced the results of its Phase 1 Drill Programme at the Brunton Pass Copper-Gold Project in Nevada, revealing significant copper anomalies. The drilling confirmed the presence of sulphide mineralisation and thick intervals of anomalous copper, mercury, and arsenic, suggesting potential for a porphyry copper deposit. The company plans deeper drilling to further explore the core of the geophysical anomaly, indicating a promising outlook for future exploration and potential resource development.
Tertiary Minerals has provided an update on its Konkola West Copper Project in Zambia, where KoBold Metals is conducting deep drilling operations under an Earn-In Agreement. The drilling of hole KWDD001 has reached a depth of over 2,600 meters, with plans to extend to 3,000 meters, although progress has been slower than anticipated due to geological challenges. KoBold plans to begin a second drill hole shortly after the completion of the first, with the goal of further exploring the Copperbelt Orebody Member. An extension of the Earn-In Agreement has been agreed upon to accommodate the slower drilling progress, and both companies are optimistic about the data gathered from this groundbreaking project, which has involved substantial investment and the deepest hole ever drilled in the Zambian Copperbelt.
Tertiary Minerals plc has published its Annual Report for the year ended 30 September 2024 and announced the Notice of its 2025 Annual General Meeting. The AGM is scheduled for 6 March 2025, and shareholders have been informed about the publication and proxy voting details. This announcement signifies a step in maintaining transparency and engaging shareholders in the company’s strategic direction.
Tertiary Minerals plc has released its audited results for the year ending 30 September 2024, highlighting a significant level of drilling activity across its projects in Zambia and Nevada. The company has engaged in several joint ventures, including agreements with KoBold Metals and First Quantum Minerals, to explore copper-rich regions in Zambia. Notable achievements include successful drilling programs in Zambia’s Mushima North and Mukai projects, with promising results indicating substantial mineralization. In Nevada, drilling was conducted to assess copper and gold targets, with results anticipated soon. The company is also appealing a negative decision regarding its Storuman Fluorspar Project in Sweden. Tertiary Minerals aims to maintain high activity levels in 2025, leveraging partnerships and ongoing exploration to drive growth.