TULLA RESOURCES PLC (TUL)
Share Price Analysis and Chart

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TUL - TULLA RESOURCES PLC

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -12.81
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.34

26 May
2023

0.020

OPEN

$0.32

6.25%

HIGH

$0.34

94,184

LOW

$0.32

TARGET
$1.17 244.1% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
TUL: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx N/A 5.9 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 5.8 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A 0.0% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx20.4
Net Operating Cash Flow xxxxxxxxxxxxxxx4.7 M
Net Profit Margin xxxxxxxxxxxxxxx-6,353.77 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-3.61 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.75 %
Return on Assets xxxxxxxxxxxxxxx-2.07 %
Return on Equity xxxxxxxxxxxxxxx-3.61 %
Return on Total Capital xxxxxxxxxxxxxxx-4.55 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-40.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx35 M
Total Debt xxxxxxxxxxxxxxx37 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx51 M
Price To Book Value xxxxxxxxxxxxxxx2.68

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx55.5 M
Capex % of Sales xxxxxxxxxxxxxxx175,062.78 %
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx3 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

02/11/2022

1

Buy

$1.17

244.12%

Tulla Resources has announced the pouring of first gold at the re-started Norseman gold project. Commissioning of the leaching circuit is underway, and mill production is expected to ramp up to nameplate capacity by the end of the December quarter.

According to Bell Potter, making the transition from developer to producer is a major milestone for Tulla Resources. The broker anticipates commercial production to be declared in the March quarter, and assumes FY23 production of 54,000 ounces.

The Buy rating is retained and the target price increases to $1.17 from $1.15.

FORECAST
Bell Potter forecasts a full year FY23 dividend of 0.00 cents and EPS of 5.90 cents.
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 19.60 cents.

TUL STOCK CHART