Province Resources Limited primarily focuses on the exploration and development of mineral deposits in Australia, Sweden, and the United Kingdom.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.16|
|52 Week High||AU$0.012|
|52 Week Low||AU$0.25|
|1 Month Change||10.35%|
|3 Month Change||18.52%|
|1 Year Change||1,130.77%|
|3 Year Change||n/a|
|5 Year Change||757.17%|
|Change since IPO||-100.00%|
Recent News & Updates
|PRL||AU Metals and Mining||AU Market|
Return vs Industry: PRL exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: PRL exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: PRL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PRL's weekly volatility has decreased from 67% to 10% over the past year.
About the Company
Province Resources Limited primarily focuses on the exploration and development of mineral deposits in Australia, Sweden, and the United Kingdom. The company primarily explores for copper, gold, nickel, cobalt, vanadium, and other minerals, as well as salt, potash, mineral sands, and renewable green hydrogen. The company was formerly known as ScandiVanadium Ltd and changed its name to Province Resources Ltd in November 2020.
Province Resources Fundamentals Summary
|PRL fundamental statistics|
Is PRL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PRL income statement (TTM)|
|Cost of Revenue||AU$246.13k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.013|
|Net Profit Margin||0.00%|
How did PRL perform over the long term?See historical performance and comparison
Is Province Resources 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 PRL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PRL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PRL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: PRL 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 PRL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRL is overvalued based on its PB Ratio (7x) compared to the AU Metals and Mining industry average (2.6x).
How is Province 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 Province 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.
How has Province Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRL is currently unprofitable.
Growing Profit Margin: PRL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRL is unprofitable, and losses have increased over the past 5 years at a rate of 64.9% per year.
Accelerating Growth: Unable to compare PRL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRL 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: PRL has a negative Return on Equity (-56.53%), as it is currently unprofitable.
How is Province Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PRL's short term assets (A$23.8M) exceed its short term liabilities (A$163.7K).
Long Term Liabilities: PRL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRL is debt free.
Reducing Debt: PRL had no debt 5 years ago.
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: PRL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PRL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 40.1% each year
What is Province Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRL'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 PRL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRL'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 PRL'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
David Frances (53 yo)
Mr. David John Frances, BSc (Hons), has been a Non-Executive Director of Southern Hemisphere Mining Limited since February 5, 2021. He serves as Managing Director and Chief Executive Officer at Province Re...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD245.16K) is about average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
Experienced Management: PRL's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: PRL's board of directors are not considered experienced ( 0.6 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: PRL insiders have only sold shares 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 126.3%.
Province Resources Limited's employee growth, exchange listings and data sources
- Name: Province Resources Limited
- Ticker: PRL
- Exchange: ASX
- Founded: 1993
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$180.746m
- Shares outstanding: 1.13b
- Website: https://www.provinceresources.com
- Province Resources Limited
- 358 Rokeby Road
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:07|
|End of Day Share Price||2021/10/21 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.