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Tectonic Metals

TSXV:TECT
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TECT
TSXV
CA$10M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Tectonic Metals Inc. engages in the identification, acquisition, and exploration of mineral properties in the United States and Canada. The last earnings update was 17 days ago. More info.


Add to Portfolio Compare Print
  • Tectonic Metals has significant price volatility in the past 3 months.
TECT Share Price and Events
7 Day Returns
63.6%
TSXV:TECT
6.7%
CA Metals and Mining
11.7%
CA Market
1 Year Returns
-
TSXV:TECT
-10.8%
CA Metals and Mining
-26%
CA Market
TECT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tectonic Metals (TECT) 63.6% -5.3% -18.2% - - -
CA Metals and Mining 6.7% -8.8% -17.2% -10.8% -19% 2.1%
CA Market 11.7% -21.9% -26.6% -26% -23.6% -17.8%
1 Year Return vs Industry and Market
  • No trading data on TECT.
  • No trading data on TECT.
Price Volatility
Industry
5yr Volatility vs Market

TECT Value

 Is Tectonic Metals 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 Tectonic Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.18.
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 Tectonic Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tectonic Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:TECT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.15
TSXV:TECT Share Price ** TSXV (2020-03-27) in CAD CA$0.18
Canada Metals and Mining Industry PE Ratio Median Figure of 80 Publicly-Listed Metals and Mining Companies 12.11x
Canada Market PE Ratio Median Figure of 498 Publicly-Listed Companies 10.58x

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

** Primary Listing of Tectonic Metals.

TSXV:TECT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:TECT Share Price ÷ EPS (both in CAD)

= 0.18 ÷ -0.15

-1.19x

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

  • Tectonic Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Tectonic Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Tectonic Metals's expected growth come at a high price?
Raw Data
TSXV:TECT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.19x
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 40 Publicly-Listed Metals and Mining Companies 0.55x
Canada Market PEG Ratio Median Figure of 235 Publicly-Listed Companies 0.71x

*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 Tectonic Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tectonic Metals's assets?
Raw Data
TSXV:TECT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.04
TSXV:TECT Share Price * TSXV (2020-03-27) in CAD CA$0.18
Canada Metals and Mining Industry PB Ratio Median Figure of 1,046 Publicly-Listed Metals and Mining Companies 1.1x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 0.99x
TSXV:TECT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:TECT Share Price ÷ Book Value per Share (both in CAD)

= 0.18 ÷ 0.04

5.12x

* Primary Listing of Tectonic Metals.

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

  • Tectonic Metals is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Tectonic Metals'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. Tectonic Metals has a total score of 0/6, 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.

TECT Future Performance

 How is Tectonic Metals 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 Tectonic Metals 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
11.5%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tectonic Metals expected to grow at an attractive rate?
  • Unable to compare Tectonic Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Tectonic Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Tectonic Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:TECT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
TSXV:TECT 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.
TSXV:TECT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 -5 -6
2019-09-30 -4 -5
2019-06-30 -4 -4
2019-03-31 -4 -4
2018-12-31 -4 -4
2017-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

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

TSXV:TECT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.15
2019-09-30 -0.15
2019-06-30 -0.12
2019-03-31 -0.13
2018-12-31 -0.14
2017-12-31 -0.09

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

Next steps:

  1. Examine Tectonic Metals'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. Tectonic Metals'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. Tectonic Metals'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 Tectonic Metals'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.
Tectonic Metals 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.

TECT Past Performance

  How has Tectonic Metals 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 Tectonic Metals'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.
  • Tectonic Metals 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 Tectonic Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Tectonic Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Tectonic Metals'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 Tectonic Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TECT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -5.84 5.57
2019-09-30 -5.26 4.98
2019-06-30 -4.09 4.07
2019-03-31 -4.01 4.00
2018-12-31 -3.94 3.93
2017-12-31 -0.85 0.84

*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 Tectonic Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Tectonic Metals 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 Tectonic Metals 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 Tectonic Metals'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.
Tectonic Metals 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.

TECT Health

 How is Tectonic Metals'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 Tectonic Metals's finances.

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

TSXV:TECT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1.94 0.00 1.79
2019-09-30 3.34 0.00 3.87
2019-06-30 1.18 0.00 0.57
2019-03-31 2.45 0.00 2.08
2018-12-31 2.45 0.00 2.08
2017-12-31 0.15 0.00 0.16
  • Tectonic Metals has no debt.
  • Tectonic Metals 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.

  • Tectonic Metals has less than a year of cash runway based on current free cash flow.
  • Tectonic Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 52.6% each year.
X
Financial health checks
We assess Tectonic Metals'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. Tectonic Metals 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.

TECT Dividends

 What is Tectonic Metals'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 Tectonic Metals dividends.
If you bought CA$2,000 of Tectonic Metals 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 Tectonic Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tectonic Metals'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
TSXV:TECT 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 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 4.9%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.8%

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 Tectonic Metals has not reported any payouts.
  • Unable to verify if Tectonic Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tectonic Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tectonic Metals 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 Tectonic Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Tectonic Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tectonic Metals 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.

TECT Management

 What is the CEO of Tectonic Metals'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
Tony Reda
COMPENSATION CA$250,000
AGE 43
TENURE AS CEO 2.8 years
CEO Bio

Mr. Antonio Reda, also known as Tony, serves as President, Chief Executive Officer and Director at Tectonic Metals Inc., since June 09, 2017. He is the Founder of Tectonic Metals Inc. He serves as a Consultant of Graphite One Inc. (also known as Graphite One Resources Inc.) (Formerly Cedar Mountain Exploration Inc). Mr. Reda had been the Vice President of Corporate Development at Goldcorp Kaminak Ltd. In this role, Mr. Reda focused on Goldcorp Kaminak Ltd.’s strategic planning and business development while continuing to lead the Investor communications and public relations initiatives. He has knowledge of business and years of experience in public relations. As an Investor Relations professional, Mr. Reda created a highly effective two-way communication between Goldcorp Kaminak Ltd., the financial and investment communities and potential industry Partners. He began his career in the retail and wholesale industry and played an integral role in the successful startup, development and management of several businesses. He has been a Director of Kootenay Silver Inc., since April 21, 2016. He has been Independent Director of Northair Silver Corp. since September 2014. He is a Co-Chair of Communications Committee at the Association for Mineral Exploration British Columbia (AME BC). Mr. Reda attained his formal business education at Simon Fraser University in Vancouver, British Columbia.

CEO Compensation
  • Insufficient data for Tony to compare compensation growth.
  • Tony's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Tectonic Metals management team in years:

1.4
Average Tenure
45.5
Average Age
  • The average tenure for the Tectonic Metals management team is less than 2 years, this suggests a new team.
Management Team

Tony Reda

TITLE
Founder
COMPENSATION
CA$250K
AGE
43
TENURE
2.8 yrs

Curt Freeman

TITLE
Founder & Director
AGE
62

Eira Thomas

TITLE
Founder & Strategic Advisor
AGE
50

Rob Carpenter

TITLE
Founder & Technical Advisor
COMPENSATION
CA$83K
AGE
48

Krysta Rehaag

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$35K
AGE
35
TENURE
1.4 yrs

Eric Buitenhuis

TITLE
Vice President of Exploration
COMPENSATION
CA$138K
AGE
29
TENURE
1.3 yrs

Poya Ezadpana

TITLE
Director of Investor Relations

Grant Lockhart

TITLE
Chief Geoscientist

Riley Millington

TITLE
Senior Geologist
Board of Directors Tenure

Average tenure and age of the Tectonic Metals board of directors in years:

0.9
Average Tenure
52
Average Age
  • The average tenure for the Tectonic Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mel Benson

TITLE
Independent Chairman
AGE
70
TENURE
0.5 yrs

Tony Reda

TITLE
Founder
COMPENSATION
CA$250K
AGE
43
TENURE
2.8 yrs

Curt Freeman

TITLE
Founder & Director
AGE
62
TENURE
1.9 yrs

Eira Thomas

TITLE
Founder & Strategic Advisor
AGE
50

Rob Carpenter

TITLE
Founder & Technical Advisor
COMPENSATION
CA$83K
AGE
48

Mick Roper

TITLE
Independent Director
AGE
70
TENURE
0.5 yrs

Allison Rippin-Armstrong

TITLE
Independent Director
AGE
52
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Tectonic Metals 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$) Value (CA$)
20. Feb 20 Buy Melvin Benson Individual 19. Feb 20 19. Feb 20 100,000 CA$0.25 CA$25,000
X
Management checks
We assess Tectonic Metals'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. Tectonic Metals 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.

TECT News

Simply Wall St News

TECT Company Info

Description

Tectonic Metals Inc. engages in the identification, acquisition, and exploration of mineral properties in the United States and Canada. The company primarily explores for gold deposits. It holds interest in the Tibbs Property, the Seventymile Property, and the Northway Property located in Alaska. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.

Details
Name: Tectonic Metals Inc.
TECT
Exchange: TSXV
Founded: 2017
CA$9,936,661
55,203,675
Website: http://www.tectonicmetals.com
Address: Tectonic Metals Inc.
744 West Hastings Street,
Suite 312,
Vancouver,
British Columbia, V6C 1A5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TECT Common Shares TSX Venture Exchange CA CAD 18. Nov 2019
Number of employees
Current staff
Staff numbers
7
Tectonic Metals employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 04:48
End of day share price update: 2020/03/27 00:00
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.