Tertiary Minerals (TYM) AI Stock Analysis

• Market Cap: £1.59M
• Dividend Yield: N/A
• Average Volume (3M): 34.96M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.45
• Revenue Growth: -10.35%
• EPS Growth: 33.33%
• Country: UK
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 4,879,676,300
• 10 Day Avg. Volume: 38,218,418
• 30 Day Avg. Volume: 34,957,566
• PEG Ratio: N/A
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.25
• 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: 53 Neutral
• Price Target: ―

The overall stock score of 53 reflects a company in a challenging financial situation with consistent losses and negative cash flows. However, its strong equity position and promising exploration projects in Zambia and Nevada offer potential upside. The technical indicators suggest neutral momentum, but valuation concerns persist due to negative earnings.

Tertiary Minerals Business Overview & Revenue Model

Company Description

Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral deposits. The company engages in the development of a multi-commodity project portfolio, including precious metals, base metals, and industrial minerals. It owns interests in the Storuman fluorspar project located in north central Sweden; the Lassedalen fluorspar project located in the south-west of Oslo, Norway; the Pyramid gold project located in the northwest of Reno, Nevada; the Paymaster polymetallic project that includes claims covering an area of 390 acres located in southwest of Tonopah, Nevada; and the Kaaresselkä and Kiekerömaa gold projects located in Finland. The company also holds interests in the Rosendal tantalum project located in south-west Finland; the Lucky copper prospect consisting of 13 claims located in north-east Nevada; and the Mt Tobin prospect comprising claims located to the south of Winnemucca in north central Nevada. Tertiary Minerals plc was incorporated in 1999 and is headquartered in Macclesfield, the United Kingdom.

How the Company Makes Money

Tertiary Minerals makes money through the exploration and development of its mineral projects, aiming to sell or partner with other companies for the extraction and commercialization of these minerals. The company generates revenue by advancing its projects to a stage where they can be sold or joint ventured with larger mining companies, who then undertake the actual mining. Additionally, Tertiary Minerals may earn income from royalties or profit-sharing agreements from these partnerships. The company's earnings are also influenced by its ability to secure and maintain strategic partnerships and investments, which support its exploration activities and project development.

Tertiary Minerals Financial Statement Overview

Summary

Tertiary Minerals shows a challenging financial position with consistent losses and negative cash flows. While it has a strong equity position and no debt, the declining revenue and negative profitability heavily impact its financial health.

Income Statement

The company shows a declining revenue trend with a consistent negative net income, leading to negative profit margins. Gross Profit Margin remains at 100% due to no cost of goods sold, but the Net Profit Margin is significantly negative. Revenue has slightly decreased by 10.34% from the previous year. EBIT and EBITDA margins are negative, indicating operational losses.

Balance Sheet

The balance sheet reflects a strong equity position with a Debt-to-Equity Ratio of zero, suggesting no leverage. The Return on Equity is negative due to losses, but the Equity Ratio is a solid 91.37%, indicating a healthy asset base supported largely by equity.

Cash Flow

The company has negative free cash flow, though it has improved slightly from previous years. Operating Cash Flow is negative, showing challenges in generating cash from operations, but strong financing cash flows help mitigate operational cash shortfalls.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	162.66K	181.43K	171.05K	165.06K	175.75K
Gross Profit	160.36K	179.64K	171.05K	165.06K	175.75K
EBITDA	-548.85K	-429.17K	-474.81K	-392.15K	-469.75K
Net Income	-550.93K	-541.34K	-1.18M	-433.27K	-6.55M
Balance Sheet
Total Assets	1.73M	876.43K	901.54K	1.36M	1.30M
Cash, Cash Equivalents and Short-Term Investments	775.75K	121.81K	59.41K	472.73K	622.86K
Total Debt	0.00	0.00	0.00	0.00	420.00K
Total Liabilities	149.49K	81.33K	96.09K	92.84K	486.19K
Stockholders Equity	1.58M	795.10K	805.45K	1.27M	809.68K
Cash Flow
Free Cash Flow	-714.35K	-660.28K	-1.04M	-593.11K	-671.11K
Operating Cash Flow	-427.13K	-419.52K	-474.39K	-355.79K	-470.00K
Investing Cash Flow	-287.00K	-82.84K	-561.40K	-237.28K	-143.62K
Financing Cash Flow	1.33M	542.00K	570.00K	441.25K	1.19M

Tertiary Minerals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TYM, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 22.35 is Positive, neither overbought nor oversold. The STOCH value of 31.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TYM.

Tertiary Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TYM	53 Neutral	£1.59M	―	-44.38%	―	-10.35%	33.33%
Sector *	43 Neutral	AU$1.41B	-6.14	-40.62%	3.98%	-4.78%	-42.91%
RRR	39 Underperform	£1.97M	―	-22.79%	―	―	46.15%
ARK		£1.27M	―	-69.82%	―	―	―
JAN		£2.72M	―	-35.82%	―	―	―
AFP		£1.95M	―	-15.35%	―	―	―
TM1	32 Underperform	£1.40M	―	-23.19%	―	―	17.65%

Tertiary Minerals Corporate Events

Tertiary Minerals Reports Promising Drilling Results at Mukai Copper Project

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 Advances Drilling at Konkola West Copper Project

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 Reports Promising Silver Discoveries at Mushima North Project

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 Reports Promising Silver Intersections at Mushima North

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 Reports Promising Drilling Results at Brunton Pass Project

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 Updates on Konkola West Copper Project Progress

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 Announces 2024 Annual Report and 2025 AGM

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.