Temas Resources Corp (TMAS:CNSX) STA Research assigns a Speculative Buy

STA Research
by: STA Research
Temas Resources Corp

STA Research assigns a Speculative Buy rating on Temas Resources with a 12 month target forecast of 20 cents per share on the stock price.

Based on the Temas Resources stock forecasts from 1 analysts, the average analyst target price for Temas Resources stock is $.20 over the next 12 months. Temas Resources stocks average analyst rating is Speculative. Stock Target Advisor’s own stock analysis of Temas Resources stock is Bearish, which is based on 1 positive signal and 3 negative signals. At the last closing, Temas Resources Corp’s stock price was CAD 0.08. Temas Resources Corp’s stock price has changed by -0.02% over the past week, -0.02% over the past month and -81.40% over the last year.

Temas Resources stock. is a Canadian company that buys, explores, and develops mineral resources. The corporation mainly searches for deposits of vanadium, titanium, and iron. The La Blache property, which consists of 48 claims and has a total area of roughly 2,653.25 hectares in Quebec, Canada, is wholly held by the corporation. It has the option to purchase a 100% stake in the DAB property, which is made up of 124 contiguous mineral claims and spans 6813.72 hectares in Quebec, Canada’s Grenville Geological province. Temas Resources Corp. replaced Clean Earth Chemical Corp. as the organization’s name in August 2019. The Canadian company Temas Resources Corp. was established in 2018 and has its main office in Vancouver. In Vancouver, British Columbia, Canada, V6E 4G1, at 890-1140 West Pender Street

 

What we like:

Underpriced compared to book value

The stock is trading low compared to its peers on a price-to-book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

 

What we don’t like:

Poor risk-adjusted returns

This company is delivering below median risk-adjusted returns to its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cash flow

The company had negative total cash flow in the most recent four quarters.

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