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Pioneer Resources

ASX:PIO
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PIO
ASX
A$18M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Pioneer Resources Limited explores for and develops mineral properties in Australia and Canada. The last earnings update was 86 days ago. More info.


Add to Portfolio Compare Print
  • Pioneer Resources has significant price volatility in the past 3 months.
PIO Share Price and Events
7 Day Returns
-14.3%
ASX:PIO
4.6%
AU Metals and Mining
2.9%
AU Market
1 Year Returns
-36.8%
ASX:PIO
6.6%
AU Metals and Mining
4.3%
AU Market
PIO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pioneer Resources (PIO) -14.3% -20% -29.4% -36.8% -65.7% 33.3%
AU Metals and Mining 4.6% 2% 3.3% 6.6% 83.5% 12.4%
AU Market 2.9% 3.2% 5.5% 4.3% 21% 9.7%
1 Year Return vs Industry and Market
  • PIO underperformed the Metals and Mining industry which returned 6.6% over the past year.
  • PIO underperformed the Market in Australia which returned 4.3% over the past year.
Price Volatility
PIO
Industry
5yr Volatility vs Market

PIO Value

 Is Pioneer Resources undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 A$0.012.
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 Pioneer Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pioneer Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PIO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:PIO Share Price ** ASX (2019-05-21) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.34x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 16.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pioneer Resources.

ASX:PIO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:PIO Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-5.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pioneer Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Pioneer Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Pioneer Resources's expected growth come at a high price?
Raw Data
ASX:PIO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 0.81x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pioneer Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pioneer Resources's assets?
Raw Data
ASX:PIO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:PIO Share Price * ASX (2019-05-21) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 582 Publicly-Listed Metals and Mining Companies 1.44x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.65x
ASX:PIO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PIO Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

1.23x

* Primary Listing of Pioneer Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pioneer Resources is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Pioneer Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Pioneer Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PIO Future Performance

 How is Pioneer Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 growth 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 it right!
Annual Growth Rate
2.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pioneer Resources expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
ASX:PIO Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2.2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:PIO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PIO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -5 -3
2018-09-30 -4 -3
2018-06-30 -2 -4
2018-03-31 -2 -3
2017-12-31 -1 -3
2017-09-30 -1 -3
2017-06-30 -1 -3
2017-03-31 -1 -2
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 -1 -2
2016-03-31 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
ASX:PIO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pioneer Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PIO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Pioneer Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PIO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Pioneer Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Pioneer Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Pioneer Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pioneer Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PIO Past Performance

  How has Pioneer Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pioneer Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pioneer Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Pioneer Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pioneer Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Pioneer Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pioneer Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PIO Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -3.17 1.93
2018-09-30 -3.35 1.84
2018-06-30 -3.53 1.75
2018-03-31 -3.46 1.64
2017-12-31 -3.40 1.52
2017-09-30 -2.96 1.27
2017-06-30 -2.52 1.01
2017-03-31 -1.72 1.11
2016-12-31 -0.92 1.22
2016-09-30 -1.30 1.03
2016-06-30 -1.67 0.84
2016-03-31 -2.02 0.85
2015-12-31 -2.37 0.86
2015-09-30 -2.15 0.90
2015-06-30 -1.94 0.95
2015-03-31 -1.48 0.90
2014-12-31 -1.02 0.85
2014-09-30 -2.40 0.85
2014-06-30 -3.77 0.85
2014-03-31 -4.38 0.74
2013-12-31 -4.98 0.63
2013-09-30 -3.42 0.72
2013-06-30 -1.86 0.82
2013-03-31 -0.28 0.70
2012-12-31 1.30 0.58
2012-09-30 1.01 0.82
2012-06-30 0.72 1.05

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Pioneer Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pioneer Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Pioneer Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Pioneer Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Pioneer Resources 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.

Full details on the Past part of the Simply Wall St company analysis model.

PIO Health

 How is Pioneer Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

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.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Pioneer Resources Company Filings, last reported 4 months ago.

ASX:PIO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 14.63 6.80 4.68
2018-09-30 14.63 6.80 4.68
2018-06-30 14.51 0.00 2.93
2018-03-31 14.51 0.00 2.93
2017-12-31 16.65 0.00 5.73
2017-09-30 16.65 0.00 5.73
2017-06-30 12.27 0.00 2.39
2017-03-31 12.27 0.00 2.39
2016-12-31 14.26 0.00 4.69
2016-09-30 14.26 0.00 4.69
2016-06-30 13.32 0.00 5.49
2016-03-31 13.32 0.00 5.49
2015-12-31 8.27 0.00 1.21
2015-09-30 8.27 0.00 1.21
2015-06-30 9.06 0.00 1.83
2015-03-31 9.06 0.00 1.83
2014-12-31 8.72 0.00 2.23
2014-09-30 8.72 0.00 2.23
2014-06-30 8.71 0.00 1.37
2014-03-31 8.71 0.00 1.37
2013-12-31 8.78 0.00 1.37
2013-09-30 8.78 0.00 1.37
2013-06-30 12.04 0.00 2.49
2013-03-31 12.04 0.00 2.49
2012-12-31 14.06 0.00 3.72
2012-09-30 14.06 0.00 3.72
2012-06-30 13.12 0.00 7.30
  • Pioneer Resources's level of debt (46.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 46.5% today).
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.

  • Pioneer Resources has less than a year of cash runway based on current free cash flow.
  • Pioneer Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 36.6% each year.
X
Financial health checks
We assess Pioneer Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pioneer Resources has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PIO Dividends

 What is Pioneer Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Pioneer Resources dividends.
If you bought A$2,000 of Pioneer Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Pioneer Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pioneer Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:PIO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 4.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Pioneer Resources has not reported any payouts.
  • Unable to verify if Pioneer Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pioneer Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pioneer Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pioneer Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pioneer Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pioneer Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PIO Management

 What is the CEO of Pioneer Resources's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
David Crook
COMPENSATION A$336,851
AGE 61
TENURE AS CEO 15.8 years
CEO Bio

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.

CEO Compensation
  • 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.
Management Team

David Crook

TITLE
MD & Director
COMPENSATION
A$337K
AGE
61
TENURE
15.8 yrs

Timothy Spencer

TITLE
CFO & Company Secretary
COMPENSATION
A$333K
TENURE
1.6 yrs

Nigel Brand

TITLE
Consultant Geochemist
COMPENSATION
A$222K
Board of Directors Tenure

Average tenure of the Pioneer Resources board of directors in years:

13.3
Average Tenure
  • 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

Craig McGown

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$75K
TENURE
10.9 yrs

David Crook

TITLE
MD & Director
COMPENSATION
A$337K
AGE
61
TENURE
15.8 yrs

Thomas Spilsbury

TITLE
Independent Non-Executive Director
COMPENSATION
A$55K
TENURE
9.3 yrs

Allan Trench

TITLE
Independent Non-Executive Director
COMPENSATION
A$50K
AGE
54
TENURE
15.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Pioneer Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
16. May 19 Sell Geoduck Pty Ltd Company 15. May 19 15. May 19 -4,902,379 A$0.01 A$-63,725
16. May 19 Buy Thomas Spilsbury Individual 15. May 19 15. May 19 4,902,379 A$0.01 A$63,725
23. Apr 19 Sell Geoduck Pty Ltd Company 15. Apr 19 15. Apr 19 -9,000,000 A$0.01 A$-125,990
23. Apr 19 Buy Thomas Spilsbury Individual 15. Apr 19 15. Apr 19 9,000,000 A$0.01 A$125,990
X
Management checks
We assess Pioneer Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pioneer Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PIO News

Simply Wall St News

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

Simply Wall St -

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

Simply Wall St -

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.

Simply Wall St -

PIO Company Info

Description

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.

Details
Name: Pioneer Resources Limited
PIO
Exchange: ASX
Founded: 2003
A$18,089,101
1,507,425,165
Website: http://www.pioresources.com.au
Address: Pioneer Resources Limited
72 Kings Park Road,
Ground floor,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PIO Ordinary Shares Australian Securities Exchange AU AUD 04. Dec 2003
OTCPK PION.F Ordinary Shares Pink Sheets LLC US USD 04. Dec 2003
DB PNL Ordinary Shares Deutsche Boerse AG DE EUR 04. Dec 2003
CHIA PIO Ordinary Shares Chi-X Australia AU AUD 04. Dec 2003
Number of employees
Current staff
Staff numbers
5
Pioneer Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 10:34
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/02/24
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.