Panoramic Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties.
High growth potential and fair value.
Share Price & News
How has Panoramic Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAN's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: PAN underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.
Return vs Market: PAN underperformed the Australian Market which returned -18.8% over the past year.
Price Volatility Vs. Market
How volatile is Panoramic Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StShould You Consider Panoramic Resources Limited (ASX:PAN)?
7 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The Panoramic Resources Limited's (ASX:PAN) Shareholder Register?
9 months ago | Simply Wall StPanoramic Resources (ASX:PAN) Shareholders Have Enjoyed An Impressive 161% Share Price Gain
Is Panoramic Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PAN (A$0.12) is trading below our estimate of fair value (A$0.21)
Significantly Below Fair Value: PAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PAN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: PAN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PAN is good value based on its PB Ratio (0.8x) compared to the AU Metals and Mining industry average (1x).
How is Panoramic Resources forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: PAN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PAN's is expected to become profitable in the next 3 years.
Revenue vs Market: PAN's revenue (33.8% per year) is forecast to grow faster than the Australian market (4% per year).
High Growth Revenue: PAN's revenue (33.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAN's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Panoramic Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAN is currently unprofitable.
Growing Profit Margin: PAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PAN is unprofitable, but has reduced losses over the past 5 years at a rate of 33.4% per year.
Accelerating Growth: Unable to compare PAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PAN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).
Return on Equity
High ROE: PAN has a negative Return on Equity (-29.5%), as it is currently unprofitable.
How is Panoramic Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PAN's short term assets (A$34.2M) do not cover its short term liabilities (A$63.1M).
Long Term Liabilities: PAN's short term assets (A$34.2M) do not cover its long term liabilities (A$74.0M).
Debt to Equity History and Analysis
Debt Level: PAN's debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: PAN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Inventory Level: PAN has a high level of physical assets or inventory.
Debt Coverage by Assets: PAN's debt is covered by short term assets (assets are 1.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -39.3% each year
What is Panoramic Resources's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PAN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PAN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PAN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rickman Rajasooriar (45yo)
Mr. Rickman Victor Rajasooriar serves as Managing Director, Chief Executive Officer and Director of Panoramic Resources Limited since November 11, 2019. Mr. Rajasooriar has been Chairman of the Board at Ho ...
|General Manager of Exploration||6yrs||AU$265.47k||0.11% A$99.1k|
|MD, CEO & Director||0.25yr||no data||0.11% A$95.8k|
|Chief Financial Officer||0.25yr||no data||no data|
|General Manager of Operations||0.25yr||no data||no data|
|Investor Relations Manager||8yrs||no data||no data|
|Legal Counsel||no data||no data||no data|
|Principal of Planning & Analysis||0.25yr||no data||no data|
|Group Financial Controller||6.42yrs||no data||no data|
|Company Secretary||0.17yr||no data||no data|
Experienced Management: PAN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
|MD, CEO & Director||0.25yr||no data||0.11% A$95.8k|
|Non-Executive Chairman||0.25yr||AU$98.52k||no data|
|Non-Executive Director||1.42yrs||no data||0.0066% A$5.7k|
|Lead Independent Non-Executive Director||no data||AU$98.52k||0.0066% A$5.7k|
|Independent Non-Executive Director||1.67yrs||AU$90.19k||0.0066% A$5.7k|
Experienced Board: PAN's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PAN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14%.
Panoramic Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Panoramic Resources Limited
- Ticker: PAN
- Exchange: ASX
- Founded: 2001
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$87.760m
- Shares outstanding: 763.13m
- Website: https://www.panoramicresources.com
Number of Employees
- Panoramic Resources Limited
- 553 Hay Street
- Level 9
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PANAI||ASX (Australian Securities Exchange)||NPV DFD 17/01/20(EX-RIGHTS)||AU||AUD||No data|
|PAN||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Sep 2001|
|YM1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2001|
|PANR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 2001|
|PAN||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Sep 2001|
Panoramic Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties. It operates through five segments: Nickel, Gold, Platinum Group Metals, Australian Exploration, and Overseas Exploration. It holds 100% interests in the Savannah nickel project in Western Australia; and the Gum Creek gold project covering an area of approximately 724 square kilometers located to the northeast of Perth, Western Australia. The company also owns an interest in the Panton PGM project located in the East Kimberley region of Western Australia. In addition, it engages in greenfield exploration activities. The company was founded in 2001 and is based in Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 10:40|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.