New Risk • May 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱310.8m market cap, or US$5.04m). Recent Insider Transactions • Oct 23
Insider recently sold ₱42m worth of stock On the 15th of October, Allan Crisologo sold around 10m shares on-market at roughly ₱4.06 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱21m more than they bought in the last 12 months. Annuncio • Aug 04
Dizon Copper-Silver Mines, Inc., Annual General Meeting, Oct 27, 2025 Dizon Copper-Silver Mines, Inc., Annual General Meeting, Oct 27, 2025, at 10:00 W. Australia Standard Time. Board Change • Mar 21
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ma. Vergara was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 72% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱159.8m market cap, or US$2.74m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Annuncio • Sep 20
Dizon Copper-Silver Mines, Inc., Annual General Meeting, Dec 12, 2024 Dizon Copper-Silver Mines, Inc., Annual General Meeting, Dec 12, 2024, at 10:00 W. Australia Standard Time. New Risk • Aug 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱240.4m market cap, or US$4.19m). Annuncio • Apr 12
Dizon Copper-Silver Mines, Inc. Appoints Reyno D. Dizon as Acting Corporate Secretary Dizon Copper-Silver Mines, Inc. announced the appointment of Reyno D. Dizon as Acting Corporate Secretary. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱209.6m market cap, or US$3.73m). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Annuncio • Dec 15
Dizon Copper-Silver Mines, Inc. Announces Board Changes Dizon Copper-Silver Mines, Inc. announced that at the Annual Stockholders Meeting held on December 15, 2023, approved election of Ma. Theresa M. Vergara as Independent Director. The Organizational meeting was held right after the Stockholder's Meeting. The members of the Board discussed and agreed that the composition of the following committees as follows: Audit Committee: Chairman: Manuel G. Ong. Members: Delfin S. Castro, Jr. Ma. Theresa M. Vergara. Governance Committee: Chairman Ma. Theresa M. Vergara. Members: Benjamin I. Espiritu and Romeo L. Go. Risk Management Committee: Chairman Ma. Theresa M. Espiritu. Members: Delfin S. Castro, Jr. Leonardo B. Cua. Compensation Committee: Chairman: Allan L. Crisologo. Members: Romeo L. Go and David O. Chua. Nomination Committee: Chairman: Delfin S. Castro, Jr. Members: David O. Chua and Benjamin I. Espiritu. New Risk • Oct 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱1.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱1.7m free cash flow). Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱253.1m market cap, or US$4.46m). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Annuncio • Sep 05
Dizon Copper-Silver Mines, Inc., Annual General Meeting, Dec 15, 2023 Dizon Copper-Silver Mines, Inc., Annual General Meeting, Dec 15, 2023, at 10:00 Singapore Standard Time. Agenda: To consider Call to Order; to consider Determination of Quorum; to Approval of the Minutes of the Previous Stockholders' Annual Meeting of December 16, 2022; to Approval of 2022 Annual Report and Audited Financial Statement;to approval Ratification of the Acts, Resolutions, and Proceeding of the Board of Directors, Corporate Officers, and Management until December 14, 2023; to Approval of the sale of a property in Subic Zambales; to consider Election of the Board of Directors and Independent Directors; to approval Appointment of Independent Auditors; and to Other business matters as may properly be brought to the meeting. New Risk • Jul 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱323.5m market cap, or US$5.83m). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Manuel Ong was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Sep 01
Dizon Copper-Silver Mines, Inc., Annual General Meeting, Dec 16, 2022 Dizon Copper-Silver Mines, Inc., Annual General Meeting, Dec 16, 2022, at 10:00 Singapore Standard Time. Agenda: To discuss the approval of the minutes of the previous stockholders' annual meeting of december 17, 2021; to discuss the approval of 2021 annual report and audited financial statement; to consider ratification of the Acts, Resolutions and proceeding of the board of directors, corporate officers and management up to December 15, 2022; to consider election of the board of directors and independent directors; to consider appointment of independent auditors; to consider other business matter as may properly be brought to the meeting. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 1 independent director (7 non-independent directors). Independent Director Benjamin Espiritu was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Executive Departure • Aug 18
Independent Director Arlene Wilkerson has left the company On the 11th of August, Arlene Wilkerson's tenure as Independent Director ended after less than a year in the role. As of June 2021, Arlene still personally held only 1.00k shares (₱6.9k worth at the time). A total of 5 executives have left over the last 12 months. Recent Insider Transactions • Apr 16
Chairman recently bought ₱29m worth of stock On the 12th of April, Allan Crisologo bought around 3m shares on-market at roughly ₱9.19 per share. This was the largest purchase by an insider in the last 3 months. Allan has been a buyer over the last 12 months, purchasing a net total of ₱38m worth in shares. Recent Insider Transactions • Mar 04
Insider recently bought ₱7.8m worth of stock On the 26th of February, Jerry Angping bought around 634k shares on-market at roughly ₱12.28 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱4.7m more in shares than they bought in the last 12 months. Recent Insider Transactions • Feb 27
Insider recently bought ₱5.7m worth of stock On the 19th of February, Jerry Angping bought around 468k shares on-market at roughly ₱12.10 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱13m more in shares than they bought in the last 12 months. Is New 90 Day High Low • Feb 23
New 90-day high: ₱12.46 The company is up 47% from its price of ₱8.50 on 25 November 2020. The Filipino market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 48% over the same period. Recent Insider Transactions • Feb 19
Insider recently bought ₱2.8m worth of stock On the 11th of February, Jerry Angping bought around 283k shares on-market at roughly ₱9.93 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱18m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₱10.38, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 11x in the Metals and Mining industry in Philippines. Total returns to shareholders over the past three years are 41%. Recent Insider Transactions • Feb 12
Insider recently bought ₱290k worth of stock On the 5th of February, Jerry Angping bought around 31k shares on-market at roughly ₱9.25 per share. In the last 3 months, they made an even bigger purchase worth ₱1.7m. Despite this recent purchase, insiders have collectively sold ₱21m more in shares than they bought in the last 12 months. Is New 90 Day High Low • Feb 03
New 90-day high: ₱9.37 The company is up 19% from its price of ₱7.86 on 05 November 2020. The Filipino market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 32% over the same period. Recent Insider Transactions • Jan 28
Insider recently bought ₱741k worth of stock On the 19th of January, Jerry Angping bought around 85k shares on-market at roughly ₱8.68 per share. In the last 3 months, they made an even bigger purchase worth ₱1.7m. Despite this recent purchase, insiders have collectively sold ₱22m more in shares than they bought in the last 12 months. Is New 90 Day High Low • Jan 08
New 90-day high: ₱8.85 The company is up 16% from its price of ₱7.63 on 09 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 64% over the same period. Recent Insider Transactions • Dec 22
Insider recently bought ₱55k worth of stock On the 18th of December, Jerry Angping bought around 7k shares on-market at roughly ₱8.12 per share. In the last 3 months, they made an even bigger purchase worth ₱306k. Insiders have collectively bought ₱594k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 11
Insider recently bought ₱203k worth of stock On the 2nd of December, Jerry Angping bought around 25k shares on-market at roughly ₱8.13 per share. In the last 3 months, they made an even bigger purchase worth ₱306k. Insiders have collectively bought ₱539k more in shares than they have sold in the last 12 months. Annuncio • Nov 07
Dizon Copper-Silver Mines, Inc. Announces Resignation of Venus L. Gregorio as Assistant Corporate Secretary Effective November 6, 2020 Dizon Copper-Silver Mines, Inc. announced the resignation of Venus L. Gregorio as Assistant Corporate Secretary effective November 6, 2020. Is New 90 Day High Low • Nov 07
New 90-day high: ₱8.08 The company is up 2.0% from its price of ₱7.96 on 07 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period. Recent Insider Transactions • Nov 07
Insider recently bought ₱306k worth of stock On the 30th of October, Jerry Angping bought around 39k shares on-market at roughly ₱7.82 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annuncio • Nov 06
Dizon Copper-Silver Mines, Inc. Announces Changes to Its Board Dizon Copper-Silver Mines, Inc. announced the resignation of Antonio Victoriano F. Gregorio III and Richard N. Palou as member of the Company's Board of Directors effective November 6, 2020. Gregorio resigned as Company's Treasurer effective November 6, 2020. Annuncio • Jul 17
Dizon Copper-Silver Mines, Inc. Auditor Raises 'Going Concern' Doubt Dizon Copper-Silver Mines, Inc. filed its Annual on Jun 30, 2020 for the period ending Dec 31, 2019. In this report its auditor, SyCip Gorres Velayo & Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern. 