Pioneer Resources Limited explores for and develops mineral properties in Australia and Canada.
Flawless balance sheet and undervalued.
Share Price & News
How has Pioneer Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PIO'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: PIO underperformed the Australian Metals and Mining industry which returned 6.7% over the past year.
Return vs Market: PIO exceeded the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is Pioneer Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShould You Use Pioneer Resources's (ASX:PIO) Statutory Earnings To Analyse It?
2 months ago | Simply Wall StWhat Percentage Of Pioneer Resources Limited (ASX:PIO) Shares Do Insiders Own?
3 months ago | Simply Wall StShould We Be Cautious About Pioneer Resources Limited's (ASX:PIO) ROE Of 1.7%?
Is Pioneer 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: PIO (A$0.01) is trading below our estimate of fair value (A$0.04)
Significantly Below Fair Value: PIO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PIO is good value based on its PE Ratio (5.7x) compared to the Metals and Mining industry average (10.1x).
PE vs Market: PIO is good value based on its PE Ratio (5.7x) compared to the Australian market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PIO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PIO is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (1.5x).
How is Pioneer Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pioneer Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Pioneer Resources is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Pioneer Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Pioneer Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PIO has high quality earnings.
Growing Profit Margin: PIO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PIO has become profitable over the past 5 years, growing earnings by 14% per year.
Accelerating Growth: PIO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PIO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: PIO's Return on Equity (16.3%) is considered low.
How is Pioneer Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PIO's short term assets (A$6.1M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: PIO's short term assets (A$6.1M) exceed its long term liabilities (A$257.9K).
Debt to Equity History and Analysis
Debt Level: PIO is debt free.
Reducing Debt: PIO had no debt 5 years ago.
Debt Coverage: PIO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PIO has no debt, therefore coverage of interest payments is not a concern.
What is Pioneer Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PIO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PIO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PIO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PIO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PIO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Timothy Gerard Spencer, also known as Tim, serves as Managing Director and Director at Pioneer Resources Limited since March 31, 2020. Mr. Spencer served as Company Secretary at Pioneer Resources Limit ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD208.02K) is about average for companies of similar size in the Australian market ($USD259.62K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
|MD & Director||0.42yr||AU$299.54k||0.24% A$39.6k|
|Independent Non-Executive Chairman||12yrs||AU$156.32k||0.83% A$137.2k|
|Independent Non-Executive Director||0.42yr||no data||0.13% A$22.1k|
Experienced Board: PIO's board of directors are not considered experienced ( 0.4 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: PIO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pioneer Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Pioneer Resources Limited
- Ticker: PIO
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$16.596m
- Shares outstanding: 1.51b
- Website: https://www.pioresources.com.au
Number of Employees
- Pioneer Resources Limited
- 72 Kings Park Road
- Ground floor
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PIO||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2003|
|PIO||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2003|
|PNL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2003|
|PION.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2003|
Pioneer Resources Limited explores for and develops mineral properties in Australia and Canada. The company primarily explores for lithium, cesium, gold, cobalt, and nickel deposits. It holds interest in the Pioneer Dome Lithium-Caesium-Tantalum Project, Donelly Lithium Project, Phillips River Lithium Project, Bogardi Lithium Clay Project, Acra Project, Kangan Project, and Golden Ridge Project, Fairwater Nickel Project in Western Australia, as well as holds interest in Mavis Lake Project in Ontario, Canada. The company was incorporated in 2003 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 10:38|
|End of Day Share Price||2020/06/04 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.