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Terra Nova Resources

CNSX:TENO
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TENO
CNSX
CA$798K
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Terra Nova Resources Inc. operates as an oil and gas company. The last earnings update was 80 days ago. More info.


Add to Portfolio Compare Print
  • Terra Nova Resources has significant price volatility in the past 3 months.
TENO Share Price and Events
7 Day Returns
-10%
CNSX:TENO
2.7%
CA Oil and Gas
1.2%
CA Market
1 Year Returns
-
CNSX:TENO
-12.5%
CA Oil and Gas
-0.2%
CA Market
TENO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Terra Nova Resources (TENO) -10% 0% -10% - - -
CA Oil and Gas 2.7% 7.7% -0.8% -12.5% -17.5% -39.4%
CA Market 1.2% 4.2% 1.5% -0.2% 8.4% 1.8%
1 Year Return vs Industry and Market
  • No trading data on TENO.
  • No trading data on TENO.
Price Volatility
Industry
5yr Volatility vs Market

TENO Value

 Is Terra Nova Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Terra Nova Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.045.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Terra Nova Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Terra Nova Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:TENO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.01
CNSX:TENO Share Price ** CNSX (2019-09-11) in CAD CA$0.05
Canada Oil and Gas Industry PE Ratio Median Figure of 68 Publicly-Listed Oil and Gas Companies 9.14x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 14.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Terra Nova Resources.

CNSX:TENO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:TENO Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.01

-3.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Terra Nova Resources is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Terra Nova Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Terra Nova Resources's expected growth come at a high price?
Raw Data
CNSX:TENO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 40 Publicly-Listed Oil and Gas Companies 0.05x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Terra Nova Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Terra Nova Resources's assets?
Raw Data
CNSX:TENO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.09
CNSX:TENO Share Price * CNSX (2019-09-11) in CAD CA$0.05
Canada Oil and Gas Industry PB Ratio Median Figure of 219 Publicly-Listed Oil and Gas Companies 0.77x
Canada Market PB Ratio Median Figure of 2,452 Publicly-Listed Companies 1.44x
CNSX:TENO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:TENO Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.09

0.5x

* Primary Listing of Terra Nova Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Terra Nova Resources is good value based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Terra Nova Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Terra Nova Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TENO Future Performance

 How is Terra Nova Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Terra Nova Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Terra Nova Resources expected to grow at an attractive rate?
  • Unable to compare Terra Nova Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Terra Nova Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Terra Nova Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:TENO Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -4.2%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:TENO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:TENO Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 0 0
2019-01-31 0 0
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 -1
2017-07-31 0 -1
2016-07-31 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Terra Nova Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Terra Nova Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:TENO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Terra Nova Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:TENO Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.01
2019-01-31 -0.01
2018-10-31 -0.01
2018-07-31
2018-04-30
2017-07-31
2016-07-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Terra Nova Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Terra Nova Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Terra Nova Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Terra Nova Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Terra Nova Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Terra Nova Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TENO Past Performance

  How has Terra Nova Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Terra Nova Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Terra Nova Resources does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Terra Nova Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Terra Nova Resources's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Terra Nova Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Terra Nova Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:TENO Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 -0.20 0.15
2019-01-31 -0.19 0.14
2018-10-31 -0.17 0.14
2018-07-31 -0.15 0.12
2018-04-30 -1.36 0.12
2017-07-31 -1.37 0.12
2016-07-31 -3.12 0.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Terra Nova Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Terra Nova Resources has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Terra Nova Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Terra Nova Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Terra Nova Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TENO Health

 How is Terra Nova Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Terra Nova Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Terra Nova Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Terra Nova Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Terra Nova Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Terra Nova Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Terra Nova Resources Company Filings, last reported 4 months ago.

CNSX:TENO Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 1.59 0.00 0.40
2019-01-31 1.65 0.00 0.45
2018-10-31 1.66 0.00 0.56
2018-07-31 1.12 0.00 0.06
2018-04-30 1.14 0.00 0.13
2017-07-31 1.23 0.00 0.16
2016-07-31 1.32 0.00 0.75
  • Terra Nova Resources has no debt.
  • Terra Nova Resources has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Terra Nova Resources has sufficient cash runway for 1.2 years based on current free cash flow.
  • Terra Nova Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -62.2% each year.
X
Financial health checks
We assess Terra Nova Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Terra Nova Resources has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TENO Dividends

 What is Terra Nova Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Terra Nova Resources dividends.
If you bought CA$2,000 of Terra Nova Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Terra Nova Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Terra Nova Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:TENO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 4.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Terra Nova Resources has not reported any payouts.
  • Unable to verify if Terra Nova Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Terra Nova Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Terra Nova Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Terra Nova Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Terra Nova Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Terra Nova Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TENO Management

 What is the CEO of Terra Nova Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Lawson
AGE 46
CEO Bio

Mr. Mark A. Lawson, MBA has been an Interim Chief Financial Officer of Catalina Gold Corp. since November 28, 2018. Mr. Lawson serves as Managing Partner of Clermont Capital Ontario, Canada Partners Inc. since 2009. He serves as Chief Executive Officer and Director of Terra Nova Resources Inc. He serves as the President of Afrique Energie Corporation from September 2012 until December 2015. Mr. Lawson served as the Chief Executive Officer of New Global Ventures International Ltd. until June 19, 2012 and served as its President. Mr. Lawson served as the Chief Financial Officer of AM Gold Inc. from August 9, 2010 to December 14, 2012. He has been in corporate finance since 1995. He served as the Chief Executive Officer of Tonix Pharmaceuticals Holding Corp. from January 14, 2010 to November 22, 2010. He served as the Chief Executive Officer and President of Tesoro Minerals Corp. from October 03, 2008 to June 18, 2012. He served as the Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary at Tamandare Explorations Inc. from January 14, 2010 to November 22, 2010 and served as its Principal Accounting Officer until November 22, 2010. He served as Chief Executive Officer of Auro Resources Corp., from October 3, 2008 to June 18, 2012. He served as President of Auro Resources Corp. from October 3, 2008 to June 1, 2008. Mr. Lawson served as an Interim Chief Executive Officer and Interim President at Wellstar Energy Corp. since December 2008. From January 2013 to May 2016, Mr. Lawson previously worked as an investment banker with Morgan Stanley in New York. In 2005, he joined the Global Investment Banking Coverage - Healthcare department of Morgan Stanley. He was an Investment Banker with Morgan Stanley in New York from August 2005 to January 2008, where he was involved in the execution of over $6 billion worth of mergers and acquisitions, $8 billion worth of debt offerings and $500 million of equity financings. Mr. Lawson was the President & Director of a private, emerging markets focused upstream oil & gas company that acquired an indirect interest in the Aje Field, offshore Nigeria. From 1996 to 2001, Mr. Lawson was Mutual Fund Specialist by Royal Bank of Canada Investments. He serves as Director of Clarmin Explorations Inc. since November 2016. He served at AIM Funds Management from 2001 to 2003. He has been a Director of Claren Energy Corp (formerly known as Terra Nova Energy Ltd.). since September 07, 2016, and Catalina Gold Corp. since December 12, 2016. He was Director of Oil Optimization Inc. since November 14, 2016 until April 2018. He serves as a Director of Afrique Energie Corporation since September 2012 until December 2015. He serves as a Board Member of The Books for Kids Foundation in New York City. He serves as a Director of several TSX listed companies. He served as a Director of Gallagher Security Corp. since February 3, 2010. He served as a Director of Tesoro Minerals Corp., since March 10, 2008. He served as a Director at Ecolocap Solutions, Inc. since June 2008. He served as a Director of AM Gold Inc. from June 21, 2010 to December 14, 2012. He served as a Director of Wellstar Energy Corp. since July 22, 2008. He served as a Director of Tamandare Explorations Inc. from January 14, 2010 to November 22, 2010 and Brandenburg Energy Corp. from August 20, 2008 to May 31, 2012. From 2003 to 2004, Mr. Lawson served as Director of Newhaven Corporate Finance. He served as a Director of Hunter Bay Minerals Plc from February 2010 to October 3, 2012. He served as a Director of a boutique corporate finance firm in Toronto, Canada. Mr. Lawson was also a 1st round draft pick of the CFL Edmonton Eskimos. He holds a Bachelor of Arts in Statistical Sciences from The University of Western Ontario and an MBA from The Richard Ivey School of Business, The University of Western Ontario in 2005.

CEO Compensation
  • Insufficient data for Mark to compare compensation growth.
  • Insufficient data for Mark to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Mark Lawson

TITLE
CEO & Director
AGE
46

Matt Anderson

TITLE
Chief Financial Officer
AGE
36
TENURE
1.1 yrs
Board of Directors

Mark Lawson

TITLE
CEO & Director
AGE
46

Michael Resendes

TITLE
Director
AGE
40
TENURE
0.7 yrs

Nico Civelli

TITLE
Independent Director
AGE
41
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Terra Nova Resources individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Jul 19 Buy Nico Civelli Individual 03. Jul 19 03. Jul 19 42,000 CA$0.05 CA$2,100
25. Jun 19 Buy Nico Civelli Individual 24. Jun 19 24. Jun 19 8,000 CA$0.05 CA$400
12. Jun 19 Buy Nico Civelli Individual 11. Jun 19 11. Jun 19 3,000 CA$0.05 CA$150
10. Jun 19 Buy Nico Civelli Individual 07. Jun 19 07. Jun 19 30,000 CA$0.05 CA$1,500
04. Jun 19 Buy Nico Civelli Individual 03. Jun 19 03. Jun 19 2,000 CA$0.05 CA$100
31. May 19 Buy Nico Civelli Individual 29. May 19 30. May 19 5,000 CA$0.05 CA$250
X
Management checks
We assess Terra Nova Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Terra Nova Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TENO News

Simply Wall St News

What Percentage Of Terra Nova Resources Inc. (CNSX:TENO) Shares Do Insiders Own?

Terra Nova Resources is a smaller company with a market capitalization of CA$798k, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Terra Nova Resources CNSX:TENO Ownership Summary, August 16th 2019 What Does The Lack Of Institutional Ownership Tell Us About Terra Nova Resources? … Insider Ownership Of Terra Nova Resources The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

TENO Company Info

Description

Terra Nova Resources Inc. operates as an oil and gas company. It has a 51.49% working interest in two onshore petroleum exploration licenses located in the western flank of the Cooper Eromanga Basin in the State of South Australia, Australia. The company is headquartered in Vancouver, Canada.

Details
Name: Terra Nova Resources Inc.
TENO
Exchange: CNSX
Founded:
CA$798,491
17,744,245
Website: http://
Address: Terra Nova Resources Inc.
580 Hornby Street,
Suite 880,
Vancouver,
British Columbia, V6C 3B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX TENO Common Shares Canadian National Stock Exchange CA CAD 27. Sep 2018
OTCPK TRNA.F Common Shares Pink Sheets LLC US USD 27. Sep 2018
Number of employees
Current staff
Staff numbers
0
Terra Nova Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/15 01:18
End of day share price update: 2019/09/11 00:00
Last earnings filing: 2019/06/27
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.