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PrimeWest Mortgage Investment

CNSX:PRI
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRI
CNSX
CA$2M
Market Cap
  1. Home
  2. CA
  3. Banks
Company description

PrimeWest Mortgage Investment Corporation operates as a mortgage investment corporation. The last earnings update was 49 days ago. More info.


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PRI Share Price and Events
7 Day Returns
-
CNSX:PRI
3.5%
CA Mortgage
-0.4%
CA Market
1 Year Returns
-
CNSX:PRI
9.1%
CA Mortgage
-3.1%
CA Market
PRI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PrimeWest Mortgage Investment (PRI) - - - - - -
CA Mortgage 3.5% 6.6% 10.1% 9.1% 8.6% -10.1%
CA Market -0.4% 0.8% -1.7% -3.1% 8.2% 0.9%
1 Year Return vs Industry and Market
  • No trading data on PRI.
  • No trading data on PRI.
Price Volatility
PRI
Industry
5yr Volatility vs Market

PRI Value

 Is PrimeWest Mortgage Investment 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.

In this section, we usually try to help investors determine whether PrimeWest Mortgage Investment is trading at an attractive price based on the cash flow it is expected to produce in the future. But as PrimeWest Mortgage Investment has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for PrimeWest Mortgage Investment. This is due to cash flow or dividend data being unavailable. The share price is CA$0.
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 PrimeWest Mortgage Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PrimeWest Mortgage Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:PRI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD Not available
CNSX:PRI Share Price ** CNSX (2019-06-25) in CAD CA$0
Canada Mortgage Industry PE Ratio Median Figure of 9 Publicly-Listed Mortgage Companies 12.64x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 15x

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

** Primary Listing of PrimeWest Mortgage Investment.

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

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for PrimeWest Mortgage Investment, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does PrimeWest Mortgage Investment's expected growth come at a high price?
Raw Data
CNSX:PRI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Mortgage Industry PEG Ratio Median Figure of 6 Publicly-Listed Mortgage Companies 1.44x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 1.16x

*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 PrimeWest Mortgage Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PrimeWest Mortgage Investment's assets?
Raw Data
CNSX:PRI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD Not available
CNSX:PRI Share Price * CNSX (2019-06-25) in CAD CA$0
Canada Mortgage Industry PB Ratio Median Figure of 10 Publicly-Listed Mortgage Companies 0.98x
Canada Market PB Ratio Median Figure of 2,436 Publicly-Listed Companies 1.42x

* Primary Listing of PrimeWest Mortgage Investment.

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

  • Unable to compare the PB ratio to the industry average as no data exists.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through PrimeWest Mortgage Investment's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Mortgage industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess PrimeWest Mortgage Investment'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 Mortgage 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 Mortgage industry average (and greater than 0)? (1 check)
  5. PrimeWest Mortgage Investment has a total score of 0/6, 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.

PRI Future Performance

 How is PrimeWest Mortgage Investment 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 PrimeWest Mortgage Investment 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
6.3%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PrimeWest Mortgage Investment expected to grow at an attractive rate?
  • Unable to compare PrimeWest Mortgage Investment's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare PrimeWest Mortgage Investment's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare PrimeWest Mortgage Investment's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:PRI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 6.3%
Canada Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*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
CNSX:PRI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:PRI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 0 2 -2
2018-12-31 0 1 -2
2018-09-30 -2 1 -3
2018-06-30 -2 -1 -3
2018-03-31 -2 1 -3
2017-12-31 -1 2 -3
2017-09-30 2 3 0
2017-06-30 -1 5 -3
2017-03-31 -1 3 -3
2016-12-31 0 3 -3
2016-09-30 -3 2 -5
2016-06-30 0 1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if PrimeWest Mortgage Investment is high growth as no earnings estimate data is available.
  • Unable to determine if PrimeWest Mortgage Investment 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
CNSX:PRI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from PrimeWest Mortgage Investment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PRI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.82
2018-12-31 -0.94
2018-09-30 -1.79
2018-06-30 -1.72
2018-03-31 -1.82
2017-12-31 -1.63
2017-09-30 0.00
2017-06-30 -1.39
2017-03-31 -1.49
2016-12-31 -1.43
2016-09-30 -2.78
2016-06-30 -0.96

*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 PrimeWest Mortgage Investment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. PrimeWest Mortgage Investment'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 Banks companies here
  2. PrimeWest Mortgage Investment's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess PrimeWest Mortgage Investment'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
PrimeWest Mortgage Investment 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.

PRI Past Performance

  How has PrimeWest Mortgage Investment 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 PrimeWest Mortgage Investment's growth in the last year to its industry (Mortgage).
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.
  • PrimeWest Mortgage Investment does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare PrimeWest Mortgage Investment's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare PrimeWest Mortgage Investment's 1-year growth to the CA Mortgage industry average as it is not currently profitable.
Earnings and Revenue History
PrimeWest Mortgage Investment'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 PrimeWest Mortgage Investment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PRI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 0.35 -1.60 0.51
2018-12-31 0.22 -1.78 0.56
2018-09-30 -2.17 -3.46 0.58
2018-06-30 -1.88 -3.21 0.54
2018-03-31 -1.82 -3.40 0.57
2017-12-31 -1.47 -3.08 0.59
2017-09-30 1.91 0.00 0.75
2017-06-30 -0.89 -2.73 0.82
2017-03-31 -0.81 -2.82 0.87
2016-12-31 -0.48 -2.60 0.98
2016-09-30 -3.23 -4.90 0.99
2016-06-30 -0.14 -1.62 1.06
2016-03-31 0.39 -0.80 1.08
2015-12-31 0.59 -0.56 1.04
2015-09-30 3.09 2.08 1.01
2015-06-30 3.14 2.06 1.01
2015-03-31 3.22 2.02 1.07
2014-12-31 3.16 1.89 1.12
2014-09-30 3.08 1.64 1.17
2014-06-30 2.92 1.55 1.19
2014-03-31 2.99 1.77 1.15
2013-12-31 3.01 1.83 1.14
2013-09-30 3.74 2.58 1.06
2013-06-30 3.81 2.71 1.05
2013-03-31 3.50 2.35 1.02
2012-12-31 3.37 2.20 1.02
2012-09-30 2.65 1.63 1.04

*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 PrimeWest Mortgage Investment has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if PrimeWest Mortgage Investment has efficiently used its assets last year compared to the CA Mortgage industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if PrimeWest Mortgage Investment 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 PrimeWest Mortgage Investment'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 Mortgage 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.
PrimeWest Mortgage Investment 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.

PRI Health

 How is PrimeWest Mortgage Investment's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of PrimeWest Mortgage Investment'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.
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 PrimeWest Mortgage Investment Company Filings, last reported 3 months ago.

CNSX:PRI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 7.36 1.73 0.05
2018-12-31 7.42 1.75 0.05
2018-09-30 8.60 2.93 0.05
2018-06-30 8.89 3.23 0.05
2018-03-31 8.96 3.63 0.05
2017-12-31 9.20 2.91 0.05
2017-09-30 12.06 3.46 0.05
2017-06-30 12.10 2.25 0.05
2017-03-31 12.36 4.15 0.05
2016-12-31 12.28 5.32 0.05
2016-09-30 14.99 7.18 0.90
2016-06-30 17.92 7.28 0.06
2016-03-31 16.86 8.83 0.06
2015-12-31 13.43 9.50 0.06
2015-09-30 17.07 8.26 0.06
2015-06-30 16.78 8.88 0.06
2015-03-31 16.66 9.21 0.06
2014-12-31 16.47 8.64 0.06
2014-09-30 16.41 5.66 0.06
2014-06-30 19.69 1.63 0.06
2014-03-31 19.57 1.41 0.06
2013-12-31 19.59 2.28 0.07
2013-09-30
2013-06-30 19.71 1.37 0.07
2013-03-31 19.44 7.26 1.08
2012-12-31 19.44 7.26 1.08
2012-09-30 19.44 7.26 1.08
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if PrimeWest Mortgage Investment has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if PrimeWest Mortgage Investment's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • PrimeWest Mortgage Investment reports no customer deposits, loans are made up entirely of borrowed funds.
  • PrimeWest Mortgage Investment's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if PrimeWest Mortgage Investment has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if PrimeWest Mortgage Investment has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess PrimeWest Mortgage Investment'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. PrimeWest Mortgage Investment has a total score of 1/6, 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.

PRI Dividends

 What is PrimeWest Mortgage Investment'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 PrimeWest Mortgage Investment dividends.
If you bought CA$2,000 of PrimeWest Mortgage Investment shares you are expected to receive CA$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 PrimeWest Mortgage Investment's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate PrimeWest Mortgage Investment'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
CNSX:PRI 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
Canada Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 4.9%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada 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.

CNSX:PRI Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2018-06-11 0.000 0.000
2018-03-14 0.000 0.000
2017-11-14 0.000 0.000
2017-09-18 0.000 0.000
2017-05-30 0.000 0.000
2017-04-04 0.000 0.000
2016-09-27 0.000 0.000
2016-06-09 0.800 8.228
2016-03-24 0.000 0.000

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

  • Unable to perform a dividend volatility check as PrimeWest Mortgage Investment has not reported any payouts.
  • Unable to verify if PrimeWest Mortgage Investment's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of PrimeWest Mortgage Investment's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as PrimeWest Mortgage Investment 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 PrimeWest Mortgage Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 PrimeWest Mortgage Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PrimeWest Mortgage Investment 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.

PRI Management

 What is the CEO of PrimeWest Mortgage Investment'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.
  • PrimeWest Mortgage Investment has no CEO, or we have no data on them.
Management Team

Alison Wright

TITLE
Secretary and Controller
TENURE
11.5 yrs
Board of Directors Tenure

Average tenure of the PrimeWest Mortgage Investment board of directors in years:

7.6
Average Tenure
  • The tenure for the PrimeWest Mortgage Investment board of directors is about average.
Board of Directors

Tom Robinson

TITLE
Chairman
COMPENSATION
CA$24K
TENURE
3 yrs

Francis Bast

TITLE
Director
COMPENSATION
CA$19K
TENURE
14 yrs

Tom Archibald

TITLE
Director
COMPENSATION
CA$18K
TENURE
12.2 yrs

Wilson Olive

TITLE
Director
COMPENSATION
CA$18K
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess PrimeWest Mortgage Investment'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. PrimeWest Mortgage Investment 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.

PRI News

Simply Wall St News

PRI Company Info

Description

PrimeWest Mortgage Investment Corporation operates as a mortgage investment corporation. It lends on security of mortgages on residential and commercial real estate properties situated in the provinces of Saskatchewan, Manitoba, and Alberta. The company was founded in 2005 and is headquartered in Saskatoon, Canada.

Details
Name: PrimeWest Mortgage Investment Corporation
PRI
Exchange: CNSX
Founded: 2005
CA$1,888,374
1,888,374
Website: http://www.primewest.ca
Address: PrimeWest Mortgage Investment Corporation
307 Jessop Avenue,
Saskatoon,
Saskatchewan, S7N 1Y5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX PRI Class A Common Shares Canadian National Stock Exchange CA CAD 10. Mar 2016
Number of employees
Current staff
Staff numbers
1
PrimeWest Mortgage Investment employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 00:29
End of day share price update: 2019/06/25 00:00
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.