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General Information

Troy Resources Limited
TRY
http://www.troyres.com.au
Gold
87
214

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.41 $0.40 $0.41 $0.40 $0.40 393079 $0.01 ( 2.53% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Buy
26/05/2015
2

Company Overview

Business Description
Troy Resources Limited (TRY) is a gold and silver producer with operations at Andorinhas in Para State, Brazil and Casposo in San Juan Province, Argentina and a development project in Guyana.
Strategy Analysis
TRY is aiming to become a significant profitable mid tier gold producer with a portfolio of quality long life assets. TRY are also focused on; growing annual gold production and reserves, strategic merger and acquisitions, an aggressive exploration program and fast tracking gold field development. . Troy Resources reported NPAT up 27% to $13.54m for the half-year ended 31 December 2012. Revenues from ordinary activities were $108.93m, up 23% from the same period last year. Diluted EPS was 14.8 cents compared to 11.9 cents last year. Net operating cash flow was $30.6m compared to $22.18m last year. No dividend was declared.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 0.0 15.7 220.2% 2.6 1.1 2.8% 0.0%
2015 F 0.0 4.9 274.0% 8.3 0.0 0.0% 0.0%
2014 A 2.2 1.3 -92.6% 93.8 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Evolution Mining (EVN) $842M -0.2670 0.4008 0.6520 14.7613 10.5381 6.3789 1.70% 1.61% 2.02%
Newcrest Mining (NCM) $10,655M -0.0429 0.1309 0.5604 24.6629 21.8073 13.9755 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,363M 0.2151 2.1509 0.5738 28.6783 9.1017 5.7833 1.52% 2.61% 4.41%
OceanaGold (OGC) $926M 0.0000 -0.1969 -0.3248 6.9492 8.6525 12.8151 0.00% 0.83% 0.83%
Troy Resources (TRY) $85M -0.9260 2.7405 2.2020 30.1527 8.0612 2.5175 0.00% 0.00% 2.89%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.24 8.83 0.40 0.04
Market 1.02 17.20 1.32 1.56
Sector 0.77 13.80 0.70 0.53

Directors

Name Position Start Date
Mr Martin Davis Purvis Chief Executive Officer, Managing Director 01/09/2014
Mr Kenneth (Ken) Krister Nilsson Executive Director, Executive Director of Project Development 08/05/1998
Mr David Russell Dix Non-Executive Chairman 28/01/2010
Mr John Load Cecil Jones Non-Executive Director 27/07/1988
Mr Richard Monti Non-Executive Director 29/08/2013
Mr Frederick Sheppard Grimwade Non-Executive Director 25/11/2010

Management

Name Position
David Sadgrove Chief Financial Officer,Joint Company Secretary
A D B Storrie Chief Operating Officer (based in Argentina)
Stacey Apostolou Company Secretary
P J Doyle Vice President - Exploration and Business Development (based in Canada)

Substantial Shareholders

Holding Name
22,922,330 (11.75%) Van Eck Associates Corporation
10,281,024 (6.25%) Warrigal Pty Ltd

Calendar of Events

Date Event
22 April 2016 Report (Quarterly)
26 February 2016 Report (Interim)
28 January 2016 Report (Quarterly)
29 October 2015 Report (Quarterly)
26 October 2015 Report (Annual)
27 August 2015 Report (Prelim)
28 July 2015 Report (Quarterly)
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