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Teras Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Montana, Nevada, and Cahuilla in California. The company explores for gold and silver metals. Its flagship property is the Cahuilla project located in Imperial County, California. The company was formerly known as Profile Resources Inc. and changed its name to Teras Resources Inc. in September 2006. Teras Resources Inc. is headquartered in Calgary, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Teras Resources Inc (TRA.V) appears to be a junior mineral exploration company listed on the TSX Venture Exchange; publicly available details about its assets and operations are limited. Its long-term prospects may benefit from exploration success, favorable commodity markets and the ability to secure project financing or strategic partners, offering investors potential discovery upside and leveraged exposure to resource prices.
Key investment risks include early-stage exploration and technical risk, limited liquidity and operating history, ongoing need for external capital, and sensitivity to commodity price and regulatory changes.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
| Income before tax | -26.88M | -0.95M | -0.92M | -0.98M | -0.81M |
| Net income | -26.88M | -0.95M | -0.92M | -0.98M | -0.81M |
| Selling general administrative | 0.80M | 1.25M | 0.58M | 0.70M | 0.81M |
| Gross profit | - | 0.00M | -0.00M | -0.00M | -0.00M |
| Reconciled depreciation | 0.00M | - | 0.00M | 0.00M | 0.00M |
| Ebit | -27.01M | -0.61M | -0.79M | -0.98M | -0.81M |
| Ebitda | -26.87M | -0.80M | -0.79M | -0.77M | -0.81M |
| Operating income | -0.80M | -1.25M | -0.58M | -0.77M | -0.81M |
| Interest expense | 0.01M | 0.15M | 0.13M | 0.00M | 0.00M |
| Net interest income | -0.01M | -0.15M | -0.13M | - | - |
| Income tax expense | - | - | - | - | 0.00M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 0.80M | 1.25M | 0.58M | 0.77M | 0.81M |
| Cost of revenue | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Total other income expense net | -26.06M | 0.46M | -0.21M | -0.22M | 0.00M |
| Net income from continuing ops | -26.88M | -0.95M | -0.92M | -0.98M | -0.81M |
| Net income applicable to common shares | -27.02M | -0.61M | -0.92M | -0.98M | -0.81M |
| Breakdown | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
| Total assets | 0.72M | 26.68M | 25.98M | 25.50M | 25.31M |
| Total liab | 0.80M | 1.00M | 0.88M | 0.29M | 0.18M |
| Total stockholder equity | -0.08M | 25.68M | 25.11M | 25.22M | 25.13M |
| Other current liab | - | - | 0.08M | 0.07M | 0.07M |
| Common stock | 46.95M | 45.95M | 44.80M | 44.12M | 43.17M |
| Capital stock | 46.95M | 45.95M | 44.80M | 44.12M | - |
| Retained earnings | -51.68M | -24.66M | -24.04M | -23.12M | -22.14M |
| Other assets | 0.02M | 0.02M | 0.02M | 0.02M | - |
| Cash | 0.62M | 0.70M | 0.33M | 0.20M | 0.28M |
| Total current liabilities | 0.80M | 1.00M | 0.88M | 0.29M | 0.18M |
| Net debt | - | - | 0.17M | - | - |
| Short long term debt | - | 0.50M | 0.50M | - | - |
| Other stockholder equity | 0.04M | -0.10M | 0.23M | 0.21M | 0.22M |
| Property plant equipment | - | 25.85M | 25.56M | 25.18M | 24.92M |
| Total current assets | 0.65M | 0.78M | 0.37M | 0.25M | 0.33M |
| Long term investments | 0.05M | 0.04M | 0.03M | 0.05M | 0.06M |
| Net tangible assets | -0.08M | 25.68M | 25.11M | 25.22M | 25.13M |
| Net receivables | 0.02M | 0.02M | 0.02M | 0.02M | 0.02M |
| Accounts payable | 0.11M | 0.06M | 0.06M | 0.06M | 0.03M |
| Non currrent assets other | 0.02M | 0.02M | 0.02M | 0.02M | 24.98M |
| Non current assets total | 0.07M | 25.90M | 25.61M | 25.26M | 24.98M |
| Breakdown | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
| Investments | -0.25M | 0.04M | -0.48M | -0.44M | -0.80M |
| Change to liabilities | 0.30M | 0.20M | 0.09M | 0.11M | -0.03M |
| Total cashflows from investing activities | -0.25M | 0.04M | -0.48M | -0.44M | -0.80M |
| Net borrowings | -0.50M | -0.50M | 0.50M | 0.50M | 0.50M |
| Total cash from financing activities | 0.54M | 1.17M | 0.99M | 0.88M | 1.13M |
| Change to operating activities | 0.05M | -0.04M | 0.00M | 0.00M | 0.00M |
| Net income | -27.02M | -0.61M | -0.92M | -0.98M | -0.81M |
| Change in cash | -0.08M | 0.36M | 0.13M | -0.08M | -0.37M |
| Begin period cash flow | 0.70M | 0.33M | 0.20M | 0.28M | 0.66M |
| End period cash flow | 0.62M | 0.70M | 0.33M | 0.20M | 0.28M |
| Total cash from operating activities | -0.37M | -0.85M | -0.38M | -0.52M | -0.71M |
| Issuance of capital stock | 1.04M | 1.05M | 0.49M | 0.88M | - |
| Depreciation | 26.21M | -0.64M | 0.21M | 0.22M | 0.00M |
| Other cashflows from investing activities | - | - | - | -0.02M | 0.00M |
| Other cashflows from financing activities | 0.04M | 0.03M | 0.02M | 0.02M | 0.01M |
| Change to netincome | 0.10M | 0.25M | 0.23M | 0.13M | 0.13M |
| Capital expenditures | 0.25M | 0.70M | 0.48M | 0.42M | 0.80M |
| Change in working capital | 0.34M | 0.16M | 0.12M | 0.11M | -0.03M |
| Stock based compensation | 0.09M | 0.34M | 0.08M | 0.12M | - |
| Other non cash items | 0.01M | 0.15M | 0.13M | - | - |
| Free cash flow | -0.37M | -0.85M | -0.38M | -0.52M | -0.71M |
Sector: Basic Materials Industry: Gold
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| OMG Omai Gold Mines Corp |
0.20 13.76% |
1.70 | - | - | - | 62.63 | -4.09 |
| ASE Asante Gold Corporation |
0.06 9.48% |
0.64 | - | 6.57 | 2.23 | 269.42 | 49.52 |
| THX Thor Explorations Ltd. |
0.06 6.98% |
0.92 | 3.41 | 2.77 | 2.87 | 1.88 | 2.44 |
| MKO Mako Mining Corp |
0.76 7.47% |
10.94 | 18.47 | 2.34 | 6.21 | 4.73 | 10.00 |
Teras Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Montana, Nevada, and Cahuilla in California. The company explores for gold and silver metals. Its flagship property is the Cahuilla project located in Imperial County, California. The company was formerly known as Profile Resources Inc. and changed its name to Teras Resources Inc. in September 2006. Teras Resources Inc. is headquartered in Calgary, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Joseph A. Carrabba | Pres, CEO & Director | 1953 |
| Mr. Kuldip C. Baid C.A. | Chief Financial Officer | 1948 |
| Mr. Peter J. Leger AB | Director & Consultant | 1960 |
| Mr. Wayne D. Pineau | Corp. Sec. | NA |
| Mr. James P. Hutch | Advisor of the Board | NA |
| Mr. Peter Mejstrick Ph.D. | Director & Technical Expert | NA |
| Mr. Joseph A. Carrabba | President, CEO & Director | 1953 |
| Mr. Wayne D. Pineau | Corporate Secretary | NA |
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