View Future GrowthPacgold 과거 순이익 실적과거 기준 점검 0/6Pacgold의 수입은 연평균 -14%의 비율로 감소해 온 반면, Metals and Mining 산업의 수입은 연간 15.2% 증가했습니다.핵심 정보-13.99%순이익 성장률31.24%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률n/a자기자본이익률-7.34%순이익률n/a최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • May 01Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Recent Insider Transactions • Dec 30Non-Executive Director recently bought AU$58k worth of stockOn the 24th of December, Richard Hacker bought around 834k shares on-market at roughly AU$0.07 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$270k more in shares than they have sold in the last 12 months.Board Change • Dec 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • Oct 20Pacgold Limited Appoints Mike Nelson as Consulting Project DirectorPacgold Limited announced the appointment of highly experienced Mining Executive, Mr. Mike Nelson, to the newly created position of Consulting Project Director. Mr. Nelson brings over 30 years of experience across mineral processing operations and project leadership roles that will greatly assist in delivering the Company's objective to recommence gold production at the recently acquired White Dam Gold Operation in South Australia. Mr. Mike Nelson is a highly experienced mining executive with more than 30 years in mineral processing operations and project leadership across large-scale precious and base metal projects. He has extensive international experience, having played key roles in major developments such as the Reko Diq copper-gold project in Pakistan (operated by Barrick Gold Corporation) and the Quebrada Blanca Phase II copper project in Chile (operated by Teck Resources). More recently, he led the reshaping of the process flowsheet and development strategy for Chalice Mining's Gonneville Project in Western Australia. Mr. Nelson is also a Non-Executive Director of Toubani Resources and holds a Bachelor of Science (Honours), along with a Master of Applied Finance.공시 • Oct 07Pacgold Limited (ASX:PGO) entered into a Share Sale and Purchase Agreement to acquire Millstream Resources Pty Limited from GBM Resources Limited (ASX:GBZ) for AUD 4.8 million.Pacgold Limited (ASX:PGO) entered into a Share Sale and Purchase Agreement to acquire Millstream Resources Pty Limited from GBM Resources Limited (ASX:GBZ) for AUD 4.8 million on October 5, 2025. Total consideration for the acquisition comprises a combination of: 1) AUD 1.2 million upfront cash payment inclusive of AUD 75,000 exclusivity fee, funded by existing cash on completion; 2) issue of 15 million FPO Pacgold shares which will be subject to a 12-month voluntary escrow period; and 3) a contingent payment of AUD2.2 million, payable in cash or Pacgold shares (at Pacgold’s election), upon achieving commercial production of at least 5,000oz of gold at the Project. Pacgold has engaged Bell Potter and Taylor Collison to act as Joint Lead Managers to undertake a capital raise to secure funding to advance the acquisition and for restart of the White Dam project. Under the Agreement, existing royalties associated with the Project will be assumed by Pacgold Limited, and Pacgold Limited will retain the benefit of an environmental bond associated with the Project, with an estimated value of AUD 2 million. Completion of the Divestment is subject to conditions precedent including Pacgold obtaining shareholder approval for issue of consideration shares and all other purposes and the parties obtaining all necessary third-party approvals, consents and waivers to allow the parties to complete the transaction contemplated in the SSA. Completion is expected to occur in December 2025.공시 • Sep 17Pacgold Limited, Annual General Meeting, Nov 17, 2025Pacgold Limited, Annual General Meeting, Nov 17, 2025.Board Change • Aug 18Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • May 30Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.811274 million.Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.811274 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,329,262 Price\Range: AUD 0.06 Discount Per Security: AUD 0.0036 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 71,858,644 Price\Range: AUD 0.06 Discount Per Security: AUD 0.0036 Transaction Features: Subsequent Direct ListingBoard Change • Feb 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Michael Pitt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Michael Pitt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 13Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.157801 million.Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.157801 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,753,342 Price\Range: AUD 0.09 Discount Per Security: AUD 0.0054공시 • Sep 23Pacgold Limited, Annual General Meeting, Nov 18, 2024Pacgold Limited, Annual General Meeting, Nov 18, 2024.New Risk • Jun 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). Share price has been highly volatile over the past 3 months (17% 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 (AU$13.5m market cap, or US$8.95m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). 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 (AU$15.1m market cap, or US$9.98m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.5m 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 (-AU$5.5m free cash flow). 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 (AU$13.0m market cap, or US$8.62m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chair Cathy Moises was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jan 25New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$15.1m market cap, or US$9.96m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • Oct 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (-AU$8.5m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$18.2m market cap, or US$11.6m).공시 • Oct 05Pacgold Limited, Annual General Meeting, Nov 20, 2023Pacgold Limited, Annual General Meeting, Nov 20, 2023, at 10:01 E. Australia Standard Time.New Risk • Aug 17New major risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$15.7m (US$10.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-AU$7.8m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$21k revenue, or US$13k). Minor Risk Market cap is less than US$100m (AU$15.7m market cap, or US$10.1m).Board Change • Jun 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 12High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Pacgold가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:PGO 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-32030 Sep 250-22030 Jun 250-22031 Mar 250-11031 Dec 240-11030 Sep 240-11030 Jun 240-11031 Mar 240-11031 Dec 230-11030 Sep 230-11030 Jun 230-11031 Mar 230-11031 Dec 220-11030 Sep 220-11030 Jun 220-11031 Mar 220-11031 Dec 210-11030 Sep 210-11030 Jun 210-110양질의 수익: PGO 은(는) 현재 수익성이 없습니다.이익 마진 증가: PGO는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: PGO은 수익성이 없으며 지난 5년 동안 손실이 연평균 14% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 PGO의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: PGO은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: PGO는 현재 수익성이 없으므로 자본 수익률이 음수(-7.34%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 23:04종가2026/05/22 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Pacgold Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Board Change • May 20Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • May 01Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Recent Insider Transactions • Dec 30Non-Executive Director recently bought AU$58k worth of stockOn the 24th of December, Richard Hacker bought around 834k shares on-market at roughly AU$0.07 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$270k more in shares than they have sold in the last 12 months.
Board Change • Dec 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • Oct 20Pacgold Limited Appoints Mike Nelson as Consulting Project DirectorPacgold Limited announced the appointment of highly experienced Mining Executive, Mr. Mike Nelson, to the newly created position of Consulting Project Director. Mr. Nelson brings over 30 years of experience across mineral processing operations and project leadership roles that will greatly assist in delivering the Company's objective to recommence gold production at the recently acquired White Dam Gold Operation in South Australia. Mr. Mike Nelson is a highly experienced mining executive with more than 30 years in mineral processing operations and project leadership across large-scale precious and base metal projects. He has extensive international experience, having played key roles in major developments such as the Reko Diq copper-gold project in Pakistan (operated by Barrick Gold Corporation) and the Quebrada Blanca Phase II copper project in Chile (operated by Teck Resources). More recently, he led the reshaping of the process flowsheet and development strategy for Chalice Mining's Gonneville Project in Western Australia. Mr. Nelson is also a Non-Executive Director of Toubani Resources and holds a Bachelor of Science (Honours), along with a Master of Applied Finance.
공시 • Oct 07Pacgold Limited (ASX:PGO) entered into a Share Sale and Purchase Agreement to acquire Millstream Resources Pty Limited from GBM Resources Limited (ASX:GBZ) for AUD 4.8 million.Pacgold Limited (ASX:PGO) entered into a Share Sale and Purchase Agreement to acquire Millstream Resources Pty Limited from GBM Resources Limited (ASX:GBZ) for AUD 4.8 million on October 5, 2025. Total consideration for the acquisition comprises a combination of: 1) AUD 1.2 million upfront cash payment inclusive of AUD 75,000 exclusivity fee, funded by existing cash on completion; 2) issue of 15 million FPO Pacgold shares which will be subject to a 12-month voluntary escrow period; and 3) a contingent payment of AUD2.2 million, payable in cash or Pacgold shares (at Pacgold’s election), upon achieving commercial production of at least 5,000oz of gold at the Project. Pacgold has engaged Bell Potter and Taylor Collison to act as Joint Lead Managers to undertake a capital raise to secure funding to advance the acquisition and for restart of the White Dam project. Under the Agreement, existing royalties associated with the Project will be assumed by Pacgold Limited, and Pacgold Limited will retain the benefit of an environmental bond associated with the Project, with an estimated value of AUD 2 million. Completion of the Divestment is subject to conditions precedent including Pacgold obtaining shareholder approval for issue of consideration shares and all other purposes and the parties obtaining all necessary third-party approvals, consents and waivers to allow the parties to complete the transaction contemplated in the SSA. Completion is expected to occur in December 2025.
공시 • Sep 17Pacgold Limited, Annual General Meeting, Nov 17, 2025Pacgold Limited, Annual General Meeting, Nov 17, 2025.
Board Change • Aug 18Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • May 30Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.811274 million.Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.811274 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,329,262 Price\Range: AUD 0.06 Discount Per Security: AUD 0.0036 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 71,858,644 Price\Range: AUD 0.06 Discount Per Security: AUD 0.0036 Transaction Features: Subsequent Direct Listing
Board Change • Feb 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Michael Pitt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Michael Pitt was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 13Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.157801 million.Pacgold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.157801 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,753,342 Price\Range: AUD 0.09 Discount Per Security: AUD 0.0054
공시 • Sep 23Pacgold Limited, Annual General Meeting, Nov 18, 2024Pacgold Limited, Annual General Meeting, Nov 18, 2024.
New Risk • Jun 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). Share price has been highly volatile over the past 3 months (17% 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 (AU$13.5m market cap, or US$8.95m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). 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 (AU$15.1m market cap, or US$9.98m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.5m 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 (-AU$5.5m free cash flow). 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 (AU$13.0m market cap, or US$8.62m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chair Cathy Moises was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jan 25New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$15.1m market cap, or US$9.96m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • Oct 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (-AU$8.5m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$18.2m market cap, or US$11.6m).
공시 • Oct 05Pacgold Limited, Annual General Meeting, Nov 20, 2023Pacgold Limited, Annual General Meeting, Nov 20, 2023, at 10:01 E. Australia Standard Time.
New Risk • Aug 17New major risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$15.7m (US$10.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-AU$7.8m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$21k revenue, or US$13k). Minor Risk Market cap is less than US$100m (AU$15.7m market cap, or US$10.1m).
Board Change • Jun 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 12High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Michael Pitt is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.