Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Pioneer Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Pioneer Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Pioneer Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Pioneer Resources's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Pioneer Resources's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Pioneer Resources is high growth as no earnings estimate data is available.
Unable to determine if Pioneer Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Pioneer Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Pioneer Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Pioneer Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Pioneer Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Pioneer Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.4x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. David John Crook has been the Managing Director and Director of Pioneer Resources Limited since August 11, 2003. Mr. Crook is a Geologist with over 35 years of experience in exploration, mining and management, predominantly within Western Australia, where he has investigated gold, nickel sulphide, nickel laterite and other commodities in teams with an excellent discovery record. He has held senior management roles including the Pioneer Resources Ltd's IPO, exploration management, project acquisitions, JV negotiations and capital raisings. In Australia Mr. Crook’s operational experience has included tenement identification to ore reserve calculations for gold and base metal projects; and a decade working in operational gold mines. Prior to being employed by Pioneer Resources Ltd his career highlights included participation in the discovery of the Radio Hill Nickel Mine, ore generation and early production at the Gidgee Gold Mine, and exploration manager at Heron Resources Limited. His qualifications include : B.Sc, MAusIMM, MAIG, GAICD.
David's compensation has been consistent with company performance over the past year, both up more than 20%.
David's remuneration is about average for companies of similar size in Australia.
MD & Director
CFO & Company Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Pioneer Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Independent Non-Executive Chairman
MD & Director
Independent Non-Executive Director
Independent Non-Executive Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Pioneer Resources insiders in the past 3 months.
Have Insiders Been Buying Pioneer Resources Limited (ASX:PIO) Shares?
So shareholders might well want to know whether insiders have been buying or selling shares in Pioneer Resources Limited (ASX:PIO). … Pioneer Resources Insider Transactions Over The Last Year. … In this case we're pleased to report that the insider bought shares at close to current prices
What Type Of Shareholder Owns Pioneer Resources Limited's (ASX:PIO)?
A look at the shareholders of Pioneer Resources Limited (ASX:PIO) can tell us which group is most powerful. … With a market capitalization of AU$21m, Pioneer Resources is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Pioneer Resources
What Does Pioneer Resources Limited's (ASX:PIO) Ownership Structure Look Like?
Today, I will be analyzing Pioneer Resources Limited’s (ASX:PIO) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.
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, Juglah Dome Gold Project, Golden Ridge Project, Fairwater Nickel Project, and Cessna project in Western Australia, as well as holds interest in Mavis and Raleigh Lithium Projects in Ontario, Canada. The company was incorporated in 2003 and is based in West Perth, Australia.
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