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PNX

PNX MetalsASX:PNX Stock Report

Market Cap

AU$27.4m

7D

0%

1Y

-36.4%

Updated

19 Oct, 2021

Data

Company Financials
PNX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PNX Overview

PNX Metals Limited engages in the exploration and development of mineral properties in the Northern Territory and South Australia.

Price History & Performance

Summary of all time highs, changes and price drops for PNX Metals
Historical stock prices
Current Share PriceAU$0.007
52 Week HighAU$0.006
52 Week LowAU$0.012
Beta1.1
1 Month Change0%
3 Month Change-22.22%
1 Year Change-36.36%
3 Year Change-22.22%
5 Year Change-70.83%
Change since IPO-95.88%

Recent News & Updates

Shareholder Returns

PNXAU Metals and MiningAU Market
7D0%3.9%1.7%
1Y-36.4%13.3%20.3%

Return vs Industry: PNX underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.

Return vs Market: PNX underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is PNX's price volatile compared to industry and market?
PNX volatility
PNX Beta1.1
Industry Beta0.97
Market Beta1

Stable Share Price: PNX is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: PNX's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2007n/aJames Foxhttps://pnxmetals.com.au

PNX Metals Limited engages in the exploration and development of mineral properties in the Northern Territory and South Australia. The company explores for gold, silver, zinc, lead, copper, and other base metals. Its flagship property is the 100% owned Hayes Creek project with 25 mineral leases located in the Pine Creek region of the Northern Territory.

PNX Metals Fundamentals Summary

How do PNX Metals's earnings and revenue compare to its market cap?
PNX fundamental statistics
Market CapAU$27.39m
Earnings (TTM)-AU$1.26m
Revenue (TTM)AU$112.68k

233.3x

P/S Ratio

-20.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PNX income statement (TTM)
RevenueAU$112.68k
Cost of RevenueAU$0
Gross ProfitAU$112.68k
ExpensesAU$1.37m
Earnings-AU$1.26m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00034
Gross Margin100.00%
Net Profit Margin-1,114.72%
Debt/Equity Ratio0%

How did PNX perform over the long term?

See historical performance and comparison

Valuation

Is PNX Metals undervalued compared to its fair value and its price relative to the market?

1.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PNX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PNX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PNX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: PNX 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 PNX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PNX is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is PNX Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

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 PNX Metals 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.


Past Performance

How has PNX Metals performed over the past 5 years?

5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PNX is currently unprofitable.

Growing Profit Margin: PNX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PNX is unprofitable, but has reduced losses over the past 5 years at a rate of 5% per year.

Accelerating Growth: Unable to compare PNX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PNX 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: PNX has a negative Return on Equity (-5.96%), as it is currently unprofitable.


Financial Health

How is PNX Metals's financial position?


Financial Position Analysis

Short Term Liabilities: PNX's short term assets (A$4.1M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: PNX's short term assets (A$4.1M) exceed its long term liabilities (A$2.5M).


Debt to Equity History and Analysis

Debt Level: PNX is debt free.

Reducing Debt: PNX has no debt compared to 5 years ago when its debt to equity ratio was 30.7%.


Balance Sheet


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: PNX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PNX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.9% each year


Dividend

What is PNX Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PNX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PNX'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 PNX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PNX'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 PNX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average board tenure


CEO

James Fox

9.42yrs

Tenure

AU$392,076

Compensation

Mr. James Fox has been the Chief Executive Officer and Managing Director of Phoenix Copper Limited (PNX Metals Limited) since May 1, 2012 and November 26, 2014 respectively. Mr. Fox has been Director of PN...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD290.58K) is about average for companies of similar size in the Australian market ($USD301.95K).

Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: PNX's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 43.6%.


Top Shareholders

Company Information

PNX Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: PNX Metals Limited
  • Ticker: PNX
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$27.391m
  • Shares outstanding: 3.65b
  • Website: https://pnxmetals.com.au

Location

  • PNX Metals Limited
  • 135 Fullarton Road
  • Level 1
  • Rose Park
  • South Australia
  • 5067
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:04
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.