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PRX

Prodigy GoldASX:PRX Stock Report

Market Cap

AU$19.8m

7D

13.3%

1Y

-27.7%

Updated

18 Oct, 2021

Data

Company Financials
PRX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PRX Overview

Prodigy Gold NL explores for and develops mineral resources in the Tanami gold district of the Northern Territory of Australia.

Prodigy Gold Competitors

Base Resources

ASX:BSE

AU$348.2m

Price History & Performance

Summary of all time highs, changes and price drops for Prodigy Gold
Historical stock prices
Current Share PriceAU$0.034
52 Week HighAU$0.03
52 Week LowAU$0.078
Beta0.39
1 Month Change-17.07%
3 Month Change-12.82%
1 Year Change-27.66%
3 Year Change-55.26%
5 Year Change-55.84%
Change since IPO-88.66%

Recent News & Updates

May 07
We Think Prodigy Gold (ASX:PRX) Can Afford To Drive Business Growth

We Think Prodigy Gold (ASX:PRX) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

PRXAU Metals and MiningAU Market
7D13.3%4.3%0.9%
1Y-27.7%12.2%20.2%

Return vs Industry: PRX underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: PRX underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PRX's price volatile compared to industry and market?
PRX volatility
PRX Beta0.39
Industry Beta0.97
Market Beta1

Stable Share Price: PRX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: PRX's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1985n/aMatt Briggshttps://www.prodigygold.com.au

Prodigy Gold NL explores for and develops mineral resources in the Tanami gold district of the Northern Territory of Australia. It primarily explores for gold deposits. The company was formerly known as ABM Resources NL and changed its name to Prodigy Gold NL in May 2018.

Prodigy Gold Fundamentals Summary

How do Prodigy Gold's earnings and revenue compare to its market cap?
PRX fundamental statistics
Market CapAU$19.81m
Earnings (TTM)-AU$4.81m
Revenue (TTM)n/a

0x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRX income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$4.81m
Earnings-AU$4.81m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0083
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did PRX perform over the long term?

See historical performance and comparison

Valuation

Is Prodigy Gold undervalued compared to its fair value and its price relative to the market?

1.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PRX is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Prodigy Gold 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 Prodigy Gold performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRX is currently unprofitable.

Growing Profit Margin: PRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRX is unprofitable, but has reduced losses over the past 5 years at a rate of 20.6% per year.

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

Earnings vs Industry: PRX 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: PRX has a negative Return on Equity (-29.5%), as it is currently unprofitable.


Financial Health

How is Prodigy Gold's financial position?


Financial Position Analysis

Short Term Liabilities: PRX's short term assets (A$6.6M) exceed its short term liabilities (A$777.6K).

Long Term Liabilities: PRX's short term assets (A$6.6M) exceed its long term liabilities (A$1.8M).


Debt to Equity History and Analysis

Debt Level: PRX is debt free.

Reducing Debt: PRX has not had any debt for past 5 years.


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

Forecast Cash Runway: PRX has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 30.1% each year.


Dividend

What is Prodigy Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PRX'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 PRX'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?

4.1yrs

Average board tenure


CEO

Matt Briggs

5yrs

Tenure

AU$369,507

Compensation

Mr. Matthew Briggs, also known as Matt, BSc Hons (Geol), Member AusIMM, Member AICD, has been the Managing Director and Executive Director of Prodigy Gold NL (formerly known as ABM Resources NL) since Octo...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD274.26K) is about average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: PRX's board of directors are considered experienced (4.1 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Prodigy Gold NL's employee growth, exchange listings and data sources


Key Information

  • Name: Prodigy Gold NL
  • Ticker: PRX
  • Exchange: ASX
  • Founded: 1985
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$19.809m
  • Shares outstanding: 582.63m
  • Website: https://www.prodigygold.com.au

Location

  • Prodigy Gold NL
  • 141 Broadway
  • Level 1
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:14
End of Day Share Price2021/10/18 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.