Tanami Gold NL (TAM) AI Stock Analysis

• Market Cap: AU$70.51M
• Dividend Yield: N/A
• Average Volume (3M): 1.11M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: N/A
• EPS Growth: -9.09%
• Country: AU
• Employees: 107
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,175,097,000
• 10 Day Avg. Volume: 1,349,776
• 30 Day Avg. Volume: 1,114,207
• PEG Ratio: 0.09
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: ―

Tanami Gold NL faces significant financial challenges, with no revenue and persistent losses impacting its overall financial health. While the balance sheet is relatively strong, the company's operational inefficiencies and lack of profitability are major concerns. Technical indicators show strong upward momentum, but the high RSI suggests caution. Valuation remains unattractive due to negative earnings and no dividend yield.

Tanami Gold NL Business Overview & Revenue Model

Company Description

Tanami Gold NL (TAM) is an Australian company focused on the exploration and development of gold properties. Operating predominantly in the gold mining sector, the company’s primary objective is to discover and develop economically viable gold resources in the Tanami region of Northern Australia. Tanami Gold NL is committed to leveraging its expertise in mineral exploration to expand its portfolio and increase shareholder value.

How the Company Makes Money

Tanami Gold NL makes money through the exploration, development, and eventual sale of gold extracted from its mining operations. The company's revenue model is centered around identifying promising gold deposits, developing the necessary infrastructure for extraction, and then selling the gold produced. Key revenue streams include the sale of gold to commercial buyers and commodity markets. Additionally, the company may engage in partnerships or joint ventures with other mining companies to leverage shared resources and expertise, further enhancing its revenue potential. The profitability of Tanami Gold NL is influenced by factors such as gold market prices, mining efficiency, and the successful discovery of new gold reserves.

Tanami Gold NL Financial Statement Overview

Summary

Tanami Gold NL's financial statements highlight significant operational challenges, with no revenue generation and persistent losses impacting profitability and cash flows. The balance sheet remains a relative strength due to low leverage and substantial equity, but the overall financial health is compromised by operational inefficiencies.

Income Statement

Tanami Gold NL has consistently reported no revenue over the past years, indicating a lack of operational income streams. The company has also experienced increasing negative EBIT and net income, pointing to ongoing operational difficulties and high expenses relative to nonexistent revenue.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, suggesting financial stability and low leverage. There is minimal debt, reflected in a very low debt-to-equity ratio. However, the persistent negative net income impacts the return on equity adversely.

Cash Flow

Tanami Gold NL's cash flows reflect operational challenges, with consistently negative operating cash flow and free cash flow. The lack of revenue growth significantly constrains cash generation ability, although the company maintains a stable cash balance.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-334.00K	-146.00K	-5.00K	-31.00K	-5.00K
EBITDA	―	-5.95M	-4.14M	-3.14M	-804.00K	-849.00K
Net Income	-5.66K	-6.15K	-3.47M	7.96M	-1.33M	193.00K
Balance Sheet
Total Assets	49.34M	51.73M	57.00M	57.99M	48.65M	51.08M
Cash, Cash Equivalents and Short-Term Investments	28.89M	31.77M	37.10M	38.65M	33.21M	35.58M
Total Debt	78.00K	6.00K	20.00K	35.00K	42.00K	61.00K
Total Liabilities	5.25M	5.36M	4.80M	4.26M	1.85M	1.79M
Stockholders Equity	44.10M	46.37M	52.20M	53.73M	46.80M	49.29M
Cash Flow
Free Cash Flow	-5.25K	-5.92M	-3.88M	-2.49M	-710.00K	-295.00K
Operating Cash Flow	-5.11K	-5.80M	-3.88M	-2.49M	-710.00K	-295.00K
Investing Cash Flow	-98.00	18.00K	-266.00K	9.43M	83.00K	893.00K
Financing Cash Flow	-7.01K	-14.00K	-14.00K	-33.00K	0.00	0.00

Tanami Gold NL Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TAM, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 83.53 is Negative, neither overbought nor oversold. The STOCH value of 64.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TAM.

Tanami Gold NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMS	77 Outperform	$2.76B	7.80	26.42%	3.86%	54.37%	310.22%
NST	75 Outperform	$26.25B	22.26	11.01%	2.72%	25.11%	28.88%
EVN	72 Outperform	$15.54B	22.47	16.97%	1.79%	60.56%	302.20%
RRL	67 Neutral	$3.38B	―	-0.38%	―	29.83%	93.23%
DEG	57 Neutral	$5.92B	―	-0.68%	―	-56.04%	66.07%
Sector *	43 Neutral	AU$1.41B	-6.14	-40.62%	3.98%	-4.78%	-42.91%
TAM	43 Neutral	AU$70.51M	―	-12.14%	―	―	-9.09%

Tanami Gold NL Corporate Events

Tanami Gold NL Reports Promising Drilling Results and Strategic Progress

Tanami Gold NL’s recent quarterly activities report highlights significant progress in its exploration efforts, with promising assay results from drilling programs at various sites, including Jims Gold Mine and the Ripcord Gold Deposit. The company continues to advance its projects in collaboration with Northern Star Resources, maintaining a strong cash position and focusing on optimizing mining infrastructure to enhance its operational capabilities.

Tanami Gold NL Releases Half-Year Financial Report

Tanami Gold NL has released its consolidated interim financial report for the half-year ending December 31, 2024. The report includes the directors’ report, auditor’s independence declaration, condensed consolidated interim financial statements, notes to these statements, directors’ declaration, and an independent auditor’s report. This financial update is crucial for stakeholders to assess the company’s financial health and operational performance during the specified period.

Tanami Gold NL Reports Positive Assay Results from Central Tanami Project

Tanami Gold NL has announced the final assay results from its extensive drilling programs at several targets within the Central Tanami Project, including the Ripcord Gold Deposit and the Groundrush-Ripcord Link. Notable intercepts from the 25-hole Ripcord program confirmed the continuity of mineralization along a 450-meter northern extension. The results are expected to bolster the company’s efforts in resource classification and exploration planning for the 2025 field season, potentially impacting its operational strategy and stakeholder interests positively.