Tennant Minerals (TMS) AI Stock Analysis

• Market Cap: AU$4.56M
• Dividend Yield: N/A
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: N/A
• EPS Growth: 56.45%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 759,520,000
• 10 Day Avg. Volume: 1,572,868
• 30 Day Avg. Volume: 1,104,457
• PEG Ratio: -0.08
• Price to Book (P/B): 5.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.76
• 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: 38 Underperform
• Price Target: ―

Tennant Minerals Limited's overall stock score reflects significant financial challenges, characterized by lack of revenue and ongoing negative cash flow, despite having no debt and good liquidity. Technical indicators also indicate weak momentum and a downtrend. Valuation is unattractive due to negative earnings and no dividend yield. The absence of earnings call data and notable corporate events leaves these areas unaddressed.

Tennant Minerals Business Overview & Revenue Model

Company Description

Tennant Minerals Limited (TMS) is an Australian-based mining and exploration company focused primarily on the discovery and development of mineral resources. The company operates within the mining sector, targeting high-potential mineral deposits, particularly copper and gold. Tennant Minerals is committed to advancing its exploration projects and leveraging its expertise to create value through the discovery and development of significant mineral resources.

How the Company Makes Money

Tennant Minerals Limited makes money through the exploration and potential development of mineral deposits, primarily copper and gold. The company generates revenue by discovering economically viable mineral resources, which can then be developed either through direct mining operations or through partnerships and joint ventures with other mining companies. Additionally, Tennant Minerals may engage in the sale or optioning of its exploration projects to larger mining companies, thereby monetizing its exploration success. The success of its revenue model is significantly influenced by global commodity prices, exploration success rates, and strategic partnerships within the mining industry.

Tennant Minerals Financial Statement Overview

Summary

Tennant Minerals Limited exhibits a mixed financial profile with strong liquidity and no debt but faces significant operational challenges due to zero revenue and persistent negative cash flows. The company needs to achieve revenue growth to enhance its financial stability and profitability.

Income Statement

Tennant Minerals Limited has reported zero revenue consistently, indicating no income generation from operations. The company has negative EBITDA and EBIT when available, reflecting operational inefficiencies and high costs relative to its nonexistent revenue. The absence of net income figures further complicates profitability assessment.

Balance Sheet

The company maintains a strong equity position with zero debt, leading to a low-risk balance sheet profile. However, the equity ratio shows a declining trend as liabilities slightly increase over time. Despite this, the substantial cash reserves highlight good liquidity management.

Cash Flow

Operating cash flow is consistently negative, indicating operational challenges and reliance on financing activities for cash inflows. Free cash flow is negative, pointing to cash outflows exceeding inflows, which could be unsustainable without revenue growth.

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	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.56M	-3.92M	-5.03M	-2.68M	-2.79M	-890.47K
Net Income	―	―	-5.03M	-2.68M	-2.78M	-890.47K
Balance Sheet
Total Assets	14.47M	4.68M	4.68M	4.86M	1.50M	680.90K
Cash, Cash Equivalents and Short-Term Investments	1.88M	4.47M	4.37M	4.71M	1.46M	12.05K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	428.79K	505.76K	1.20M	970.50K	136.67K	206.03K
Stockholders Equity	14.04M	4.18M	3.49M	3.89M	1.36M	477.33K
Cash Flow
Free Cash Flow	―	-4.51M	-4.96M	-1.89M	-979.02K	-708.65K
Operating Cash Flow	―	-4.51M	-4.96M	-1.89M	-979.02K	-708.65K
Investing Cash Flow	0.00	0.00	336.47K	0.00	2.96K	208.33K
Financing Cash Flow	―	4.61M	4.63M	5.14M	2.42M	211.67K

Tennant Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GML	51 Neutral	AU$11.04M	4.29	8.76%	―	―	―
Sector *	43 Neutral	AU$1.38B	-6.10	-40.62%	4.25%	-4.78%	-43.21%
ADN	38 Underperform	AU$49.55M	―	-3.44%	―	―	45.16%
TMS	38 Underperform	AU$4.56M	―	-32.41%	―	―	56.45%

Tennant Minerals Corporate Events

Tennant Minerals Advances Exploration at Bluebird and Strengthens Strategic Alliance

Tennant Minerals Limited has reported on its quarterly activities, highlighting the progress made in its exploration efforts at the Bluebird copper-gold discovery within the Barkly Project. The company completed an expanded drilling program, which included both Slimline Reverse Circulation and deep Reverse Circulation drillholes, to better define the mineralisation corridor and assist future drill planning. While the new drilling did not replicate previous high-grade results, it confirmed the continuity of mineralised zones and left the mineralisation open to the west and down-plunge. Additionally, Tennant Minerals is collaborating with CuFe Ltd and Emmerson Resources Ltd on a Strategic Copper and Gold Alliance, which received support from the Northern Territory Government, indicating potential economic benefits for the region.

Tennant Minerals Advances Bluebird Copper-Gold Discovery with Expanded Drilling

Tennant Minerals Limited has completed an expanded drilling program at its Bluebird copper-gold discovery, targeting new prospects along the mineralisation corridor. The recent drilling has better defined the mineralised zones, confirming continuity and assisting future drill planning, although high-grade results were not replicated. The mineralisation remains open to the west and down-plunge, with further assay results anticipated.

Tennant Minerals Announces Expiry of 26 Million Options

Tennant Minerals Limited announced the cessation of 26,000,000 options that expired on April 8, 2025, without being exercised or converted. This cessation of securities may impact the company’s capital structure and could influence investor perceptions regarding the company’s future financial strategies and market positioning.

Tennant Creek Alliance Advances Copper-Gold Processing Facility Plans

The Tennant Creek Alliance, comprising Tennant Minerals Limited, CuFe Ltd, and Emmerson Resources Ltd, has provided an update on their collaborative efforts to evaluate a multi-user facility for processing copper-gold-critical mineral resources in the Tennant Creek region. The Alliance is conducting a scoping study and pre-feasibility study to explore processing options, including resource updates, mineralisation models, and logistical evaluations. The initiative is supported by current market trends and a letter of support from the Northern Territory Mines Minister, highlighting its potential economic benefits for the region and Australia.

Tennant Minerals Strengthens Leadership Amidst Bluebird Discovery Expansion

Tennant Minerals Limited announced the resignation of Stuart Usher as Chief Financial Officer and Joint Company Secretary, with Tanya Newby stepping into the role of Chief Financial Officer while maintaining her position as Company Secretary. Newby brings over twenty years of experience in finance and governance, particularly within the resources sector, and is set to contribute to the company’s growth. This executive change aims to support the company’s ongoing exploration and development activities, particularly in expanding the Bluebird discovery to define high-grade copper-gold mineralization necessary for a potential mining project.