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Talmora Diamond

CNSX:TAI
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TAI
CNSX
CA$2M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Talmora Diamond Inc. explores for and evaluates mineral exploration properties in Canada. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
  • Talmora Diamond has significant price volatility in the past 3 months.
TAI Share Price and Events
7 Day Returns
0%
CNSX:TAI
3.4%
CA Metals and Mining
1.3%
CA Market
1 Year Returns
25%
CNSX:TAI
22%
CA Metals and Mining
-0.1%
CA Market
TAI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Talmora Diamond (TAI) 0% 0% - 25% -37.5% -
CA Metals and Mining 3.4% 1.6% 9.1% 22% -11.7% 0.3%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • TAI outperformed the Metals and Mining industry which returned 22% over the past year.
  • TAI outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
TAI
Industry
5yr Volatility vs Market

Value

 Is Talmora Diamond 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
Here we compare the current share price of Talmora Diamond to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Talmora Diamond.

CNSX:TAI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CNSX:TAI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1 (1 + (1- 26.5%) (0%))
1
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1 * 5.96%)
7.91%

Discounted Cash Flow Calculation for CNSX:TAI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Talmora Diamond is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

CNSX:TAI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 7.91%)
2020 0.10 Est @ 60.12% 0.09
2021 0.14 Est @ 42.67% 0.12
2022 0.19 Est @ 30.45% 0.15
2023 0.23 Est @ 21.9% 0.17
2024 0.27 Est @ 15.91% 0.18
2025 0.30 Est @ 11.72% 0.19
2026 0.32 Est @ 8.79% 0.19
2027 0.34 Est @ 6.74% 0.19
2028 0.36 Est @ 5.3% 0.18
2029 0.38 Est @ 4.29% 0.18
Present value of next 10 years cash flows CA$1.00
CNSX:TAI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$0.38 × (1 + 1.95%) ÷ (7.91% – 1.95%)
CA$6.48
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$6.48 ÷ (1 + 7.91%)10
CA$3.03
CNSX:TAI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$1.00 + CA$3.03
CA$4.03
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$4.03 / 70.40
CA$0.06
CNSX:TAI Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.06
Current discount Discount to share price of CA$0.03
= -1 x (CA$0.03 - CA$0.06) / CA$0.06
56.3%

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

Current Discount
Amount off the current price Talmora Diamond is available for.
Intrinsic value
>50%
Share price is CA$0.025 vs Future cash flow value of CA$0.05719
Current Discount Checks
For Talmora Diamond to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Talmora Diamond's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Talmora Diamond's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Talmora Diamond's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Talmora Diamond's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:TAI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$0.00
CNSX:TAI Share Price ** CNSX (2019-08-22) in CAD CA$0.03
Canada Metals and Mining Industry PE Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 14.39x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of Talmora Diamond.

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

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

= 0.03 ÷ 0.00

89.61x

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

  • Talmora Diamond is overvalued based on earnings compared to the CA Metals and Mining industry average.
  • Talmora Diamond is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Talmora Diamond's expected growth come at a high price?
Raw Data
CNSX:TAI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 89.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 31 Publicly-Listed Metals and Mining Companies 1.06x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*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 Talmora Diamond, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Talmora Diamond's assets?
Raw Data
CNSX:TAI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.00
CNSX:TAI Share Price * CNSX (2019-08-22) in CAD CA$0.03
Canada Metals and Mining Industry PB Ratio Median Figure of 1,098 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:TAI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ 0.00

17.18x

* Primary Listing of Talmora Diamond.

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

  • Talmora Diamond is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Talmora Diamond'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Talmora Diamond has a total score of 2/6, 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.

Future Performance

 How is Talmora Diamond 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 Talmora Diamond 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
34.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Talmora Diamond expected to grow at an attractive rate?
  • Unable to compare Talmora Diamond's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Talmora Diamond's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Talmora Diamond's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:TAI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.8%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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:TAI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:TAI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 0
2019-03-31 0 0
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Talmora Diamond is high growth as no earnings estimate data is available.
  • Unable to determine if Talmora Diamond 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:TAI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Talmora Diamond Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:TAI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00

*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 Talmora Diamond will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Talmora Diamond'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. Talmora Diamond'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 Materials companies here
  3. Talmora Diamond'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 Talmora Diamond'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.
Talmora Diamond 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.

Past Performance

  How has Talmora Diamond 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 Talmora Diamond's growth in the last year to its industry (Metals and Mining).
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.
  • Talmora Diamond has delivered over 20% year on year earnings growth in the past 5 years.
  • Talmora Diamond has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Talmora Diamond has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
Talmora Diamond'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 Talmora Diamond Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:TAI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 0.02 0.18
2019-03-31 0.03 0.17
2018-12-31 0.03 0.17
2018-09-30 0.02 0.18
2018-06-30 -0.12 0.12
2018-03-31 -0.11 0.11
2017-12-31 -0.11 0.11
2017-09-30 -0.08 0.08
2017-06-30 -0.09 0.08
2017-03-31 -0.10 0.10
2016-12-31 -0.09 0.09
2016-09-30 -0.08 0.08
2016-06-30 -0.08 0.07
2016-03-31 -0.06 0.06
2015-12-31 -0.07 0.06
2015-09-30 -0.09 0.09
2015-06-30 -0.10 0.11
2015-03-31 -0.12 0.12
2014-12-31 -0.13 0.13
2014-09-30 -0.17 0.18
2014-06-30 -0.19 0.19
2014-03-31 -0.22 0.23
2013-12-31 -0.22 0.23
2013-09-30 -0.23 0.22
2013-06-30 -0.42 0.42
2013-03-31 -0.50 0.50
2012-12-31 -0.56 0.55
2012-09-30 -0.55 0.56

*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.
  • Talmora Diamond has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Talmora Diamond used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • Unable to establish if Talmora Diamond improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Talmora Diamond'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 Metals and Mining 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.
Talmora Diamond has a total score of 2/6, 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.

Health

 How is Talmora Diamond'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 Talmora Diamond's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as Talmora Diamond has not reported sufficient balance sheet data.
  • Talmora Diamond has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Talmora Diamond'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.
  • Low level of unsold assets.
  • Talmora Diamond 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 Talmora Diamond Company Filings, last reported 2 months ago.

CNSX:TAI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 0.10 0.00 0.10
2019-03-31 0.11 0.00 0.10
2018-12-31 0.14 0.00 0.12
2018-09-30 0.18 0.00 0.17
2018-06-30 0.01 0.00 0.01
2018-03-31 0.02 0.00 0.02
2017-12-31 0.01 0.00 0.01
2017-09-30 0.01 0.00 0.01
2017-06-30 0.02 0.00 0.02
2017-03-31 0.01 0.00 0.01
2016-12-31 0.03 0.00 0.01
2016-09-30 0.05 0.00 0.04
2016-06-30 0.07 0.00 0.06
2016-03-31 0.02 0.00 0.01
2015-12-31 0.03 0.00 0.01
2015-09-30 0.03 0.00 0.00
2015-06-30 0.05 0.00 0.02
2015-03-31 0.02 0.00 0.01
2014-12-31 0.00 0.00 0.01
2014-09-30 0.04 0.00 0.02
2014-06-30 0.06 0.00 0.04
2014-03-31 0.09 0.00 0.07
2013-12-31 0.02 0.00 0.05
2013-09-30 0.10 0.00 0.02
2013-06-30 0.05 0.00 0.01
2013-03-31 0.11 0.00 0.07
2012-12-31 0.14 0.00 0.03
2012-09-30 0.15 0.00 0.09
  • Talmora Diamond has no debt.
  • Talmora Diamond has not taken on any debt in the past 5 years.
  • Talmora Diamond has no debt, it does not need to be covered by operating cash flow.
  • Talmora Diamond has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Talmora Diamond'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. Talmora Diamond 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.

Dividends

 What is Talmora Diamond'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 Talmora Diamond dividends.
If you bought CA$2,000 of Talmora Diamond 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 Talmora Diamond's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Talmora Diamond'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:TAI 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
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 Talmora Diamond has not reported any payouts.
  • Unable to verify if Talmora Diamond's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Talmora Diamond's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Talmora Diamond 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 Talmora Diamond's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Talmora Diamond afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Talmora Diamond 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.

Management

 What is the CEO of Talmora Diamond'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
Raymond Davies
COMPENSATION CA$23,963
TENURE AS CEO 12.7 years
CEO Bio

Dr. Raymond Davies, PhD, P.Geo., P.Eng has been the Chief Executive Officer and President of Talmora Diamond Inc. since January 2007. Dr. Davies is an Independent Geological Consultant. He served as the President and Chief Executive Officer of Talmora Resources, Inc. He also served as a Consultant of Diamond Exploration Inc. since February 22, 2005. Dr. Davies had been with De Beers in South Africa and served as the General Manager and Vice President of Monopros, the Canadian subsidiary of De Beers from 1976 to 1983 where he worked for Hudson Bay Mining and Smelting, Lytton Minerals and other exploration and mining companies here and abroad. Dr. Davies has been a Director of Talmora Diamond Inc. since January 2007. He has been Director of Ditem Explorations Inc. since September 29, 1995. He served as a Director of DV Resources Ltd. from April 11, 1994 to October 20, 2014. He served as a Director of Talmora Resources, Inc. He served as Director of Diamond Exploration Inc., from March 2002 to February 22, 2005.s. He holds a B.Sc. from Witwatersrand University in South Africa and an M.Sc. and Ph.D. from McGill University (Montreal).

CEO Compensation
  • Raymond's compensation has increased in line with Talmora Diamond recently becoming profitable.
  • Raymond's remuneration is lower than average for companies of similar size in Canada.
Management Team

Raymond Davies

TITLE
President
COMPENSATION
CA$24K
TENURE
12.7 yrs

Maria Grimes

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$8K

Alan Davies

TITLE
Vice President of Exploration
COMPENSATION
CA$6K
TENURE
12.7 yrs
Board of Directors Tenure

Average tenure of the Talmora Diamond board of directors in years:

12.7
Average Tenure
  • The average tenure for the Talmora Diamond board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard Hogarth

TITLE
Chairman
TENURE
12.7 yrs

Raymond Davies

TITLE
President
COMPENSATION
CA$24K
TENURE
12.7 yrs

Joan Fiset

TITLE
Director
TENURE
12.7 yrs

Toby Anthony Strauss

TITLE
Director
TENURE
7.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Talmora Diamond'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. Talmora Diamond 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.

News

Simply Wall St News

Should We Be Delighted With Talmora Diamond Inc.'s (CNSX:TAI) ROE Of 26%?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Talmora Diamond: 26% = CA$28k ÷ CA$107k (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. … Combining Talmora Diamond's Debt And Its 26% Return On Equity One positive for shareholders is that Talmora Diamond does not have any net debt!

Simply Wall St -

Did You Miss Talmora Diamond's (CNSX:TAI) Whopping 700% Share Price Gain?

Check out our latest analysis for Talmora Diamond With zero revenue generated over twelve months, we don't think that Talmora Diamond has proved its business plan yet. … Some Talmora Diamond investors have already had a taste of the sweet taste stocks like this can leave in the mouth, as they gain popularity and attract speculative capital. … Before deciding if you like the current share price, check how Talmora Diamond scores on these 3 valuation metrics.

Simply Wall St -

Can Talmora Diamond Inc (CNSX:TAI) Improve Its Returns?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Talmora Diamond Inc (CNSX:TAI). … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Description

Talmora Diamond Inc. explores for and evaluates mineral exploration properties in Canada. The company primarily explores for diamonds. Its principal property is the Horton River project consisting of 3 prospecting permits covering 86,042.28 hectares and 75 claims covering 13,267.22 hectares on the Horton River area, south of Paulatuk in the Northwest Territories. The company was incorporated in 1996 and is headquartered in Toronto, Canada.

Details
Name: Talmora Diamond Inc.
TAI
Exchange: CNSX
Founded: 1996
CA$1,760,120
70,404,801
Website: http://www.talmoradiamond.com
Address: Talmora Diamond Inc.
6 Willowood Court,
Toronto,
Ontario, M2J 2M3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX TAI Common Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
Number of employees
Current staff
Staff numbers
0
Talmora Diamond employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:39
End of day share price update: 2019/08/22 00:00
Last earnings filing: 2019/08/26
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.