Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Tivan Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for critical mineral, fluorite, vanadium, titanium, silver, lead, copper, tungsten, and lithium deposits. The company focuses on the 100% owned Speewah fluorite and vanadium projects located in the Kimberley region of north-east Western Australia. It also develops and commercializes TIVAN+ critical minerals processing technology for the recovery of vanadium. The company holds 30% interest in exploration licence EL22349 and 100% interest in mining leases of ML33904, ML79, ML3905, ML33903 and ML86. The company was formerly known as TNG Limited and changed its name to Tivan Limited in January 2023. Tivan Limited was incorporated in 1970 and is headquartered in Darwin, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.