Taranis Resources Stock Today

TRO Stock  CAD 0.29  0.02  7.41%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 50

 
High
 
Low
About Average
Taranis Resources is selling for under 0.29 as of the 25th of November 2024; that is 7.41 percent increase since the beginning of the trading day. The stock's lowest day price was 0.29. Taranis Resources has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Taranis Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal deposits in Canada. The company was incorporated in 2001 and is based in Vancouver, Canada. TARANIS RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 100.08 M outstanding shares of which 5.29 K shares are at this time shorted by private and institutional investors with about 0.19 days to cover all short positions. More on Taranis Resources

Moving together with Taranis Stock

  0.84AG First Majestic SilverPairCorr
  0.89IE Ivanhoe EnergyPairCorr
  0.75FDY Faraday Copper CorpPairCorr

Moving against Taranis Stock

  0.34INFM Infinico Metals CorpPairCorr

Taranis Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Taranis Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Taranis Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentJohn PGeol
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Taranis Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Taranis Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Taranis Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Taranis Resources' financial leverage. It provides some insight into what part of Taranis Resources' total assets is financed by creditors.
Liquidity
Taranis Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Taranis Resources has accumulated 100 K in total debt with debt to equity ratio (D/E) of 8.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Taranis Resources has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Taranis Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Taranis Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Taranis Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taranis to invest in growth at high rates of return. When we think about Taranis Resources' use of debt, we should always consider it together with cash and equity.

Net Income

(487,751)
Taranis Resources (TRO) is traded on TSX Venture Exchange in Canada and employs 3 people. Taranis Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 29.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taranis Resources's market, we take the total number of its shares issued and multiply it by Taranis Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Taranis Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 100.08 M outstanding shares of which 5.29 K shares are at this time shorted by private and institutional investors with about 0.19 days to cover all short positions. Taranis Resources has accumulated about 215.26 K in cash with (285.9 K) of positive cash flow from operations.
Check Taranis Resources Probability Of Bankruptcy
Ownership Allocation
Taranis Resources shows a total of 100.08 Million outstanding shares. Taranis Resources maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Taranis Ownership Details

Taranis Resources Risk Profiles

Although Taranis Resources' alpha and beta are two of the key measurements used to evaluate Taranis Resources' performance over the market, the standard measures of volatility play an important role as well.

Taranis Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Taranis Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Investing Opportunities Now

   

Investing Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

Additional Tools for Taranis Stock Analysis

When running Taranis Resources' price analysis, check to measure Taranis Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taranis Resources is operating at the current time. Most of Taranis Resources' value examination focuses on studying past and present price action to predict the probability of Taranis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taranis Resources' price. Additionally, you may evaluate how the addition of Taranis Resources to your portfolios can decrease your overall portfolio volatility.