Tinka Resources (TK) AI Stock Analysis

• Market Cap: C$24.52M
• Dividend Yield: N/A
• Average Volume (3M): 124.69K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.21
• Revenue Growth: N/A
• EPS Growth: 35.14%
• Country: CA
• Employees: 41
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 408,696,900
• 10 Day Avg. Volume: 203,614
• 30 Day Avg. Volume: 124,695
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -72.40
• P/FCF Ratio: 0.00
• 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

Tinka Resources faces significant challenges due to its lack of revenue, resulting in persistent financial losses. While the balance sheet shows strength with zero debt, the negative cash flow and bearish technical indicators reflect current market challenges. The stock's valuation is hindered by a negative P/E ratio and no dividend yield, creating a cautious outlook. Potential investors need to consider the company's ability to generate revenue and improve its market momentum.

Tinka Resources Business Overview & Revenue Model

Company Description

Tinka Resources Limited is a mining and exploration company primarily focused on the development of mineral properties in Peru. The company's flagship project is the Ayawilca zinc-silver-tin deposit, which is one of the largest undeveloped zinc projects in the world. Tinka Resources is dedicated to advancing its projects through exploration, resource expansion, and development with the goal of becoming a leading supplier of zinc and other minerals.

How the Company Makes Money

Tinka Resources generates revenue primarily through the exploration and potential future extraction and sale of mineral resources, particularly zinc, silver, and tin from its Ayawilca project. The company seeks to increase the value of its mineral properties through exploration and development, making them attractive for acquisition or joint ventures with larger mining companies. Additionally, Tinka may engage in strategic partnerships or secure financing to advance its projects and bring them to production, which will enable the sale of extracted minerals in global markets.

Tinka Resources Financial Statement Overview

Summary

Tinka Resources shows a mixed financial landscape. The absence of revenue significantly impacts the income statement, resulting in persistent losses. The balance sheet is strong due to zero debt and high equity, while the cash flow statement reflects challenges in cash generation, offset by a solid cash reserve. The company's financial health is contingent upon its ability to initiate revenue streams while managing expenditures efficiently.

Income Statement

Tinka Resources exhibits a challenging income profile with no revenue generation over the years, resulting in consistent negative net income and EBIT. This lack of revenue limits the ability to assess growth or margin improvements, presenting a significant hurdle for financial stability and potential profitability.

Balance Sheet

The balance sheet is relatively stable, with zero debt and a substantial equity base, reflected in a solid equity ratio. The company maintains a strong cash position, which is crucial given the absence of revenue. However, the lack of revenue generation and continued net losses could pose a risk to long-term sustainability.

Cash Flow

Cash flow analysis indicates negative free cash flow and operating cash flow, raising concerns about the company's cash generation capabilities. However, the company has managed to maintain a significant cash position, likely through financing activities, which provides some short-term financial flexibility.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-534.00	-2.70K	-2.99K
	EBIT
-735.84K	-1.56M	-3.35M	-1.10M	-3.24M	-2.85M
	EBITDA
-1.33M	-1.55M	-916.45K	-1.48M	-2.82M	-2.45M
	Net Income Common Stockholders
-952.77K	-1.46M	-916.45K	-2.05M	-2.68M	-2.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.06M	7.48M	9.60M	4.04M	12.81M	6.86M
	Total Assets
76.45M	76.47M	77.90M	67.11M	69.31M	52.81M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.06M	-7.48M	-9.60M	-4.04M	-12.81M	-6.86M
	Total Liabilities
338.57K	656.90K	652.64K	596.20K	781.04K	1.04M
	Stockholders Equity
76.11M	75.81M	77.24M	66.51M	68.53M	51.77M
Cash Flow		Free Cash Flow
-2.39M	-1.30M	-4.91M	-9.18M	-4.41M	-7.79M
	Operating Cash Flow
-1.04M	―	-328.21K	-2.04M	-1.61M	-1.75M
	Investing Cash Flow
-3.29M	-9.06M	-4.58M	-7.14M	-2.81M	-6.04M
	Financing Cash Flow
1.71M	0.00	11.05M	0.00	18.37M	393.57K

Tinka Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 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 TSE:TK, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 25.75 is Positive, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TK.

Tinka Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAI	56 Neutral	C$207.87M	―	-60.08%	―	-51.72%	-446.15%
FVL	47 Neutral	C$426.87M	―	-1.16%	―	―	66.67%
Sector *	47 Neutral	$2.68B	-4.00	-28.59%	3.28%	2.32%	-29.47%
TK	38 Underperform	C$24.52M	―	-1.26%	―	―	35.14%
NXE	38 Underperform	$3.93B	27.25	-7.77%	―	―	-197.27%
ION	30 Underperform	$2.29M	―	-45.27%	―	―	55.32%

Tinka Resources Corporate Events

Tinka Resources Announces Director Resignation

Tinka Resources announced the resignation of Pieter Britz from its board of directors, effective immediately, as he focuses on commitments with Sentient Resources. Britz, who joined Tinka in 2018, was a nominee of Sentient and contributed significantly to the company during his tenure. His departure may impact the company’s board dynamics, but Tinka expressed gratitude for his service.

Tinka Resources Initiates Strategic Review to Maximize Shareholder Value

Tinka Resources has announced the commencement of a strategic review process with the help of a financial advisor to explore various strategic and financing alternatives aimed at maximizing shareholder value. The company has deferred its drilling activities at the Ayawilca project during this review, highlighting the project’s promising economic potential. However, no specific timeline or decisions have been set, and there is no certainty that the process will result in a transaction.