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Tartisan Nickel

CNSX:TN
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TN
CNSX
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Tartisan Nickel Corp. engages in the acquisition, exploration, and development of mineral properties. The last earnings update was 22 days ago. More info.


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TN Share Price and Events
7 Day Returns
33.3%
CNSX:TN
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
-11.1%
CNSX:TN
18.6%
CA Metals and Mining
-0.4%
CA Market
TN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tartisan Nickel (TN) 33.3% 14.3% 14.3% -11.1% 60% -
CA Metals and Mining -0.4% -0.5% 6.3% 18.6% -15.9% -3.2%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • TN underperformed the Metals and Mining industry which returned 18.6% over the past year.
  • TN underperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
TN
Industry
5yr Volatility vs Market

Value

 Is Tartisan Nickel 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 Tartisan Nickel. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
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 Tartisan Nickel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tartisan Nickel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:TN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.04
CNSX:TN Share Price ** CNSX (2019-09-19) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 100 Publicly-Listed Metals and Mining Companies 13.9x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

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

** Primary Listing of Tartisan Nickel.

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

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

= 0.04 ÷ -0.04

-1.13x

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

  • Tartisan Nickel is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Tartisan Nickel is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Tartisan Nickel's expected growth come at a high price?
Raw Data
CNSX:TN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.13x
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 32 Publicly-Listed Metals and Mining Companies 0.98x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*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 Tartisan Nickel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tartisan Nickel's assets?
Raw Data
CNSX:TN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.04
CNSX:TN Share Price * CNSX (2019-09-19) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,097 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:TN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.04

0.95x

* Primary Listing of Tartisan Nickel.

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

  • Tartisan Nickel is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Tartisan Nickel'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. Tartisan Nickel 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.

Future Performance

 How is Tartisan Nickel 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 Tartisan Nickel 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
34.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tartisan Nickel expected to grow at an attractive rate?
  • Unable to compare Tartisan Nickel's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Tartisan Nickel's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Tartisan Nickel's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:TN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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:TN 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:TN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 -4
2019-03-31 0 -5
2018-12-31 -1 -4
2018-09-30 -1 -3
2018-06-30 -1 -1
2018-03-31 -2 1
2017-12-31 -5 2
2017-09-30 -1 4
2017-06-30 -1 4
2017-03-31 -1 4
2016-12-31 3 3
2016-09-30 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Tartisan Nickel is high growth as no earnings estimate data is available.
  • Unable to determine if Tartisan Nickel 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:TN 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 Tartisan Nickel Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:TN Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.04
2019-03-31 -0.05
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 -0.01
2018-03-31 0.01
2017-12-31 0.03
2017-09-30 0.07
2017-06-30 0.07
2017-03-31 0.06
2016-12-31 0.05
2016-09-30 -0.01

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

Next steps:

  1. Examine Tartisan Nickel'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. Tartisan Nickel'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. Tartisan Nickel'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 Tartisan Nickel'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.
Tartisan Nickel 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 Tartisan Nickel 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 Tartisan Nickel'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.
  • Tartisan Nickel does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Tartisan Nickel's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Tartisan Nickel's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Tartisan Nickel'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 Tartisan Nickel Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:TN 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 -3.51 0.69
2019-03-31 -5.37 0.82
2018-12-31 -4.18 1.38
2018-09-30 -3.21 1.55
2018-06-30 -1.11 1.33
2018-03-31 1.02 1.37
2017-12-31 2.32 0.89
2017-09-30 4.49 0.67
2017-06-30 4.25 0.65
2017-03-31 3.70 0.76
2016-12-31 2.79 0.84
2016-09-30 -0.69 0.79
2016-06-30 -0.63 0.73
2016-03-31 -0.32 0.41
2015-12-31 -0.31 0.34
2015-09-30 -0.33 0.33
2015-06-30 -0.37 0.37
2015-03-31 -0.35 0.36
2014-12-31 -0.33 0.38
2014-09-30 -0.29 0.36
2014-06-30 -0.32 0.39
2014-03-31 -0.41 0.48
2013-12-31 -0.47 0.45
2013-09-30 -0.70 0.68
2013-06-30 -0.85 0.84
2013-03-31 -0.84 0.82
2012-12-31 -1.09 1.03
2012-09-30 -0.86 0.82

*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 Tartisan Nickel has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Tartisan Nickel has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Tartisan Nickel 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 Tartisan Nickel'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.
Tartisan Nickel 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.

Health

 How is Tartisan Nickel'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 Tartisan Nickel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tartisan Nickel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tartisan Nickel has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Tartisan Nickel'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.
  • Tartisan Nickel 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 Tartisan Nickel Company Filings, last reported 2 months ago.

CNSX:TN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 4.21 0.00 0.01
2019-03-31 4.30 0.01
2018-12-31 6.02 0.01
2018-09-30 5.64 0.00 0.01
2018-06-30 7.60 0.00 0.00
2018-03-31 9.51 0.00 0.08
2017-12-31 7.40 0.00 0.02
2017-09-30 5.46 0.00 0.00
2017-06-30 5.33 0.03 0.02
2017-03-31 4.38 0.04 0.01
2016-12-31 3.22 0.05 0.00
2016-09-30 -0.30 0.08 0.02
2016-06-30 -0.21 0.07 0.01
2016-03-31 -0.27 0.08 0.00
2015-12-31 -0.32 0.07
2015-09-30 -0.23 0.08 0.00
2015-06-30 -0.22 0.09 0.00
2015-03-31 -0.15 0.07 0.00
2014-12-31 -0.32 0.10 0.00
2014-09-30 -0.27 0.14
2014-06-30 -0.21 0.13 0.00
2014-03-31 -0.14 0.09 0.02
2013-12-31 -0.48 0.22 0.00
2013-09-30 -0.41 0.22 0.00
2013-06-30 -0.40 0.22 0.00
2013-03-31 -0.31 0.20 0.00
2012-12-31 -0.18 0.00 0.00
2012-09-30 -0.18 0.00 0.00
  • Tartisan Nickel has no debt.
  • Tartisan Nickel currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Tartisan Nickel has less than a year of cash runway based on current free cash flow.
  • Tartisan Nickel has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.9% each year.
X
Financial health checks
We assess Tartisan Nickel'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. Tartisan Nickel has a total score of 4/6, 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 Tartisan Nickel'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 Tartisan Nickel dividends.
If you bought CA$2,000 of Tartisan Nickel 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 Tartisan Nickel's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tartisan Nickel'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:TN 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 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 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 Tartisan Nickel has not reported any payouts.
  • Unable to verify if Tartisan Nickel's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tartisan Nickel's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tartisan Nickel 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 Tartisan Nickel'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 Tartisan Nickel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tartisan Nickel 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 Tartisan Nickel'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
D. Appleby
COMPENSATION CA$100,000
AGE 54
TENURE AS CEO 8.8 years
CEO Bio

Mr. D. Mark Appleby is the Co-Founder of The Atlantis Group, a Company specializing in a variety of disciplines including the resource sector. Mr. Appleby serves as the President of Atlantis Group Inc. Mr. Appleby has been the Chief Executive Officer, President and Director at Tartisan Resources Corp. since December 21, 2010 and served as its Secretary. Mr. Appleby has over 30 years of experience in a variety of disciplines relating to investment banking, corporate finance and the capital markets. Mr. Appleby's career began in 1983, where he served as an intern at Manulife in the equity and fixed income departments. In 1987 he joined First Boston Canada Ltd., where he reached the position of Vice-President-Bond Trading. Subsequently, Mr. Appleby has worked as an investment executive with Scotia Mcleod Inc. He serves as a trustee of The Athletic Trust of Canada. He served as a Director of Guyana Goldfields Inc.

CEO Compensation
  • D.'s compensation has been consistent with company performance over the past year, both up more than 20%.
  • D.'s remuneration is lower than average for companies of similar size in Canada.
Management Team

D. Appleby

TITLE
President
COMPENSATION
CA$100K
AGE
54
TENURE
8.8 yrs

Aamer Siddiqui

TITLE
Chief Financial Officer
TENURE
0.6 yrs

Nadim Wakeam

TITLE
Corporate Counsel & Secretary
AGE
66
Board of Directors Tenure

Average tenure and age of the Tartisan Nickel board of directors in years:

8.3
Average Tenure
54
Average Age
  • The tenure for the Tartisan Nickel board of directors is about average.
Board of Directors

D. Appleby

TITLE
President
COMPENSATION
CA$100K
AGE
54
TENURE
8.8 yrs

Doug Flett

TITLE
Director
COMPENSATION
CA$6K
AGE
74
TENURE
8.3 yrs

Yves Clement

TITLE
Director
COMPENSATION
CA$6K
AGE
54
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Tartisan Nickel individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
28. Aug 19 Sell D. Appleby Individual 22. Aug 19 22. Aug 19 -120,000 CA$0.04 CA$-4,200
04. Jul 19 Buy D. Appleby Individual 25. Jun 19 26. Jun 19 135,000 CA$0.04 CA$4,714
26. Jun 19 Buy D. Appleby Individual 25. Jun 19 25. Jun 19 106,000 CA$0.03 CA$3,595
31. May 19 Sell D. Appleby Individual 28. May 19 30. May 19 -35,500 CA$0.04 CA$-1,421
17. May 19 Sell D. Appleby Individual 13. May 19 13. May 19 -15,000 CA$0.04 CA$-600
17. Apr 19 Buy D. Appleby Individual 16. Apr 19 16. Apr 19 2,000 CA$0.05 CA$100
12. Apr 19 Buy D. Appleby Individual 09. Apr 19 10. Apr 19 5,000 CA$0.05 CA$250
15. Jan 19 Sell Daniel Fuoco Individual 11. Jan 19 11. Jan 19 -59,300 CA$0.07 CA$-4,151
10. Dec 18 Sell Daniel Fuoco Individual 05. Dec 18 05. Dec 18 -230,000 CA$0.05 CA$-11,500
28. Nov 18 Sell Daniel Fuoco Individual 23. Nov 18 23. Nov 18 -700 CA$0.03 CA$-18
X
Management checks
We assess Tartisan Nickel'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. Tartisan Nickel 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

Does Market Volatility Impact Tartisan Nickel Corp.'s (CNSX:TN) Share Price?

(CNSX:TN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is worth considering, but it's also important to consider whether Tartisan Nickel is growing earnings and revenue. … What this means for you: Since Tartisan Nickel has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Imagine Owning Tartisan Nickel (CNSX:TN) While The Price Tanked 60%

Tartisan Nickel hasn't yet reported any revenue yet, so it's as much a business idea as an actual business. … It certainly is a dangerous place to invest, as Tartisan Nickel investors might realise. … But since the share price has dived -60% in the last year, it looks like some investors think it's time to abandon ship, so to speak.

Simply Wall St -

Could The Tartisan Nickel Corp. (CNSX:TN) Ownership Structure Tell Us Something Useful?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Tartisan Nickel is a smaller company with a market capitalization of CA$3.5m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.

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Is Tartisan Nickel Corp (CNSX:TN) A Volatile Stock?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Does Tartisan Nickel Corp's (CNSX:TN) PE Ratio Signal A Buying Opportunity?

Tartisan Nickel Corp (CNSX:TN) trades with a trailing P/E of 4.9x, which is lower than the industry average of 10.8x. … While this makes TN appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. … View our latest analysis for Tartisan Nickel

Simply Wall St -

How Did Tartisan Nickel Corp's (CNSX:TN) 31.39% ROE Fare Against The Industry?

and want a simplistic look at the return on Tartisan Nickel Corp (CNSX:TN) stock. … Tartisan Nickel Corp (CNSX:TN) outperformed the precious metals and minerals industry on the basis of its ROE – producing a higher 31.39% relative to the peer average of 11.25% over the past 12 months. … However, ROE only measures returns against equity, not debt

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Company Info

Description

Tartisan Nickel Corp. engages in the acquisition, exploration, and development of mineral properties. It owns 100% interests in the Kenbridge nickel-copper-cobalt project located in Ontario, Canada; the Don Pancho polymetallic zinc-lead-silver-manganese project situated in the Province of Huaral, Peru; and the Ichuna copper-silver project located in the Department of Moquegua in Southern Peru. The company was formerly known as Tartisan Resources Corp. and changed its name to Tartisan Nickel Corp. in February 2018. Tartisan Nickel Corp. was incorporated in 2008 and is headquartered in Toronto, Canada.

Details
Name: Tartisan Nickel Corp.
TN
Exchange: CNSX
Founded: 2008
CA$4,010,495
100,262,391
Website: http://www.tartisannickel.com
Address: Tartisan Nickel Corp.
44 Victoria Street,
Suite 1060,
Toronto,
Ontario, M5C 1Y2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX TN Common Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
DB 8TA Common Shares Deutsche Boerse AG DE EUR 23. Oct 2015
Number of employees
Current staff
Staff numbers
0
Tartisan Nickel employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:08
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/03/31


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.