Pacific Nickel Mines Limited engages in the exploration and development mineral deposits in Solomon Islands.
Pacific Nickel Mines Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.036|
|52 Week Low||AU$0.17|
|1 Month Change||60.00%|
|3 Month Change||93.55%|
|1 Year Change||84.62%|
|3 Year Change||-65.71%|
|5 Year Change||-60.00%|
|Change since IPO||-99.11%|
Recent News & Updates
|PNM||AU Metals and Mining||AU Market|
Return vs Industry: PNM exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: PNM exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: PNM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: PNM's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Pacific Nickel Mines Limited engages in the exploration and development mineral deposits in Solomon Islands. It holds 80% interests in the Jejevo and Kolosori nickel projects located on Santa Isabel Island in the Solomon Islands. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020.
Pacific Nickel Mines Fundamentals Summary
|PNM fundamental statistics|
Is PNM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PNM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.011|
|Net Profit Margin||-97,027.95%|
How did PNM perform over the long term?See historical performance and comparison
Is Pacific Nickel Mines undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PNM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PNM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PNM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: PNM 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 PNM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PNM is overvalued based on its PB Ratio (4.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Pacific Nickel Mines 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 Pacific Nickel Mines 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.
How has Pacific Nickel Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNM is currently unprofitable.
Growing Profit Margin: PNM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PNM is unprofitable, and losses have increased over the past 5 years at a rate of 26.1% per year.
Accelerating Growth: Unable to compare PNM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PNM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: PNM has a negative Return on Equity (-38.3%), as it is currently unprofitable.
How is Pacific Nickel Mines's financial position?
Financial Position Analysis
Short Term Liabilities: PNM's short term assets (A$1.9M) exceed its short term liabilities (A$993.8K).
Long Term Liabilities: PNM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PNM's debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: PNM's debt to equity ratio has reduced from 30.7% to 3.1% over the past 5 years.
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: PNM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PNM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.8% each year
What is Pacific Nickel Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PNM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PNM'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 PNM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PNM'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 PNM'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
Geoff Hiller (57 yo)
Mr. Geoffrey Ross Hiller, as known as Geoff, has been Chief Executive Officer of Pacific Nickel Mines Limited (formerly known as Malachite Resources Limited) since March 21, 2011 and serves as its Executiv...
CEO Compensation Analysis
Compensation vs Market: Geoff's total compensation ($USD201.59K) is below average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Geoff's compensation has increased whilst the company is unprofitable.
Experienced Management: PNM's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: PNM's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 67.9%.
Pacific Nickel Mines Limited's employee growth, exchange listings and data sources
- Name: Pacific Nickel Mines Limited
- Ticker: PNM
- Exchange: ASX
- Founded: 1996
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$25.787m
- Shares outstanding: 214.90m
- Website: https://pacificnickel.com
- Pacific Nickel Mines Limited
- 283 George Street
- Level 4
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:43|
|End of Day Share Price||2021/10/25 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.