Taruga Minerals Share Price and Company Fundamentals
Last traded: Today at 4:45 AM
Taruga Minerals Limited explores for mineral properties in Australia. It primarily explores for gold, copper, silver, lithium, cobalt, base, and precious metal deposits. The company holds 100% interests in the Torrens iron-oxide-copper-gold project, the Flinders project, and the Mt Craig Copper project situated in South Australia. It also holds 100% interests in the Yagahong North project located in the Murchison region of Western Australia; and the Manjimup Base Metal project situated in the southwest region of Western Australia. The company was formerly known as Taruga Gold Limited and changed its name to Taruga Minerals Limited in June 2018. Taruga Minerals Limited was incorporated in 2011 and is based in Perth, Australia.
|Primary activities||Taruga Minerals Limited is a mineral exploration company with a focus on acquiring and developing highly prospective exploration projects in Australia and overseas.|
|Industry / Sector||Other Precious Metals & Mining / Basic Materials|
|Mailing address||99 St Georges Terrace Level 8 Perth WA 6000 Australia|
|Phone / Fax||61 8 9486 4036 / 61 8 9486 4799|
|Share registry||AUTOMIC REGISTRY SERVICES|
Taruga Minerals paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TAR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
TAR's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Oct 2022, following are the company executives and directors listed on Taruga Minerals.
|Mr. Thomas Line||Chief Exec. Officer||295.65k|
|Ms. Sheena Eckhof B.Com, B.Com.||Exec. Director of Investor Relations|
|Mr. Jamie Anderson||Exploration Mang.|
|Mr. Daniel John-Edward-Alexander-Durston Smith B.A., BA, CSA(Cert), GIA (Cert), M.A.I.C.D.||Company Sec.||37|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Taruga Minerals is and its enterprise value is .
The TAR's stocks Beta value is 2.01 making it 101% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Taruga Minerals (ASX:TAR) Frequently Asked Questions
1. What is Taruga Minerals's Stock Symbol?
Taruga Minerals trades on ASX under the ticker symbol "TAR".
2. What is Taruga Minerals's stock price today?
One share of TAR stock can currently be purchased for approximately $0.03.
3. How can I contact Taruga Minerals?
Taruga Minerals's mailing address is 99 St Georges Terrace Level 8 Perth WA 6000 Australia. The company can be reached via phone at 61 8 9486 4036.
4. What is Taruga Minerals's official website?
The official website of Taruga Minerals is https://tarugaminerals.com.au.
5. Which share registry manages Taruga Minerals's stock?
Taruga Minerals's stock is managed by AUTOMIC REGISTRY SERVICES.