Tungsten West Plc (TUN) AI Stock Analysis

• Market Cap: £12.27M
• Dividend Yield: N/A
• Average Volume (3M): 969.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: -100.00%
• EPS Growth: -1.18%
• Country: UK
• Employees: 49
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): -0.08
• Shares Outstanding: 188,731,310
• 10 Day Avg. Volume: 2,356,543
• 30 Day Avg. Volume: 969,272
• PEG Ratio: 0.04
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.83
• 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: ―

Tungsten West Plc faces considerable financial instability, with negative income and cash flow issues, and high leverage. Technical indicators are mixed, showing volatility but no strong directional momentum. The negative P/E ratio reflects weak valuation fundamentals. Overall, the stock presents a high-risk profile with limited immediate upside potential.

Tungsten West Plc Business Overview & Revenue Model

Company Description

Tungsten West PLC operates as a mining company in the United Kingdom. It owns and operates a Hemerdon tungsten and tin mine located near the village of Plympton, in Devon, England. The company was incorporated in 2018 and is based in London, the United Kingdom.

How the Company Makes Money

Tungsten West Plc generates revenue primarily through the extraction and sale of tungsten and tin from its Hemerdon mine. The company sells these metals to various industries, including manufacturers of hard metals, electronics, and automotive components, where tungsten is valued for its hardness and high melting point. Additionally, the company may engage in strategic partnerships or off-take agreements with industrial buyers to secure long-term sales contracts. Tungsten West's earnings are significantly influenced by the global demand for tungsten, market prices, and the efficiency of its mining operations.

Tungsten West Plc Financial Statement Overview

Summary

Tungsten West Plc is experiencing significant financial challenges. Negative net income and EBIT, alongside a negative gross profit margin, signal operational inefficiencies. The high debt-to-equity ratio and declining stockholders' equity add to financial risk, despite some asset base growth. Cash flows are under pressure, with persistent negative operating cash flow and heavy reliance on financing activities.

Income Statement

Tungsten West Plc shows a challenging financial performance with persistent negative net income and EBIT over the years. The gross profit margin is negative due to high costs exceeding revenues. Revenue growth is minimal, indicating a struggle in expanding sales.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio and declining stockholders' equity, posing financial risk. However, total assets have shown some growth, indicating potential asset base expansion.

Cash Flow

Cash flows are under strain with consistent negative operating cash flow and free cash flow, indicating cash burn. The firm relies heavily on financing activities to sustain operations. The free cash flow growth rate remains negative, highlighting ongoing liquidity challenges.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	722.04K	626.46K	673.51K	40.17K	0.00
	Gross Profit
-2.46M	-1.38M	-1.38M	-3.35M	-4.39M	-3.35M
	EBIT
-4.46M	-7.25M	-11.29M	-11.35M	-6.82M	-4.24M
	EBITDA
-1.95M	-6.58M	-10.21M	-11.87M	-6.64M	-4.06M
	Net Income Common Stockholders
-14.49M	-9.70M	-10.29M	-12.99M	-7.98M	-3.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
43.36K	1.58M	3.44M	28.76M	3.50M	2.72M
	Total Assets
42.03M	43.08M	42.42M	57.71M	26.07M	25.10M
	Total Debt
24.93M	13.50M	2.02M	1.63M	11.81M	11.05M
	Net Debt
24.89M	11.91M	-1.42M	-27.12M	8.31M	8.32M
	Total Liabilities
34.66M	21.77M	11.44M	16.85M	24.33M	22.47M
	Stockholders Equity
7.37M	21.31M	30.98M	40.87M	1.74M	2.63M
Cash Flow		Free Cash Flow
-7.27M	-11.01M	-25.18M	-15.74M	-6.19M	-6.46M
	Operating Cash Flow
-7.33M	-8.26M	-14.10M	-11.46M	-6.06M	-6.46M
	Investing Cash Flow
56.52K	-2.73M	-11.08M	-4.28M	-135.44K	-5.98M
	Financing Cash Flow
5.90M	9.14M	-136.86K	41.00M	6.97M	15.16M

Tungsten West Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TUN, the sentiment is Positive. The current price of 7 is above the 20-day moving average (MA) of 5.47, above the 50-day MA of 4.36, and above the 200-day MA of 3.50, indicating a bullish trend. The MACD of 0.71 indicates Negative momentum. The RSI at 63.70 is Neutral, neither overbought nor oversold. The STOCH value of 51.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TUN.

Tungsten West Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	4.14%	2.90%	-30.49%
TUN	38 Underperform	£12.27M	―	-98.02%	―	-100.00%	-1.18%
SML		£6.70M	―	-100.84%	―	―	―
BMN		$7.07M	―	-4948.91%	―	―	―
PXCLF		$12.30M	―	-4.65%	―	―	―
TGR		£8.09M	0.98		―	―	―
FRG		£6.20M	―	-68.80%	―	―	―

Tungsten West Plc Corporate Events

Tungsten West Secures £2.8 Million to Advance Hemerdon Mine Plans

Tungsten West Plc has successfully secured a conditional £2.8 million through an additional tranche to its existing Convertible Loan Notes, aiming to use these funds for further studies and working capital. This financial move is set to aid in building a comprehensive economic model and prepare for a significant capital raise by Q2 2025, with the goal to restart tungsten and tin production by H2 2026, impacting the company’s operational timeline and future market positioning.