TSXV:PMX

Stock Analysis Report

ProAm Explorations

Executive Summary

ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • ProAm Explorations has significant price volatility in the past 3 months.
  • ProAm Explorations is not covered by any analysts.

Share Price & News

How has ProAm Explorations's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TSXV:PMX

3.3%

CA Oil and Gas

1.2%

CA Market


1 Year Return

-62.5%

TSXV:PMX

-10.9%

CA Oil and Gas

-0.4%

CA Market

PMX underperformed the Oil and Gas industry which returned -10.9% over the past year.

PMX underperformed the Market in Canada which returned -0.4% over the past year.


Share holder returns

PMXIndustryMarket
7 Day0%3.3%1.2%
30 Day-40.0%8.1%3.3%
90 Dayn/a0.2%0.8%
1 Year-62.5%-62.5%-6.8%-10.9%3.1%-0.4%
3 Year0%0%-6.3%-15.9%18.0%7.4%
5 Year0%0%-24.3%-35.6%22.0%4.5%

Price Volatility Vs. Market

How volatile is ProAm Explorations's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ProAm Explorations undervalued based on future cash flows and its price relative to the stock market?

0.72x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

ProAm Explorations's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

ProAm Explorations's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

ProAm Explorations is loss making, we can't compare its value to the CA Oil and Gas industry average.

ProAm Explorations is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for ProAm Explorations, we can't assess if its growth is good value.


Price Based on Value of Assets

ProAm Explorations is good value based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

How is ProAm Explorations expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.4%

Forecasted Energy 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 ProAm Explorations 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.


Next Steps

Past Performance

How has ProAm Explorations performed over the past 5 years?

-23.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ProAm Explorations does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare ProAm Explorations's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare ProAm Explorations's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if ProAm Explorations has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if ProAm Explorations has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if ProAm Explorations improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is ProAm Explorations's financial position?


Financial Position Analysis

ProAm Explorations's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

ProAm Explorations's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

ProAm Explorations has no debt.

ProAm Explorations has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

ProAm Explorations has no debt, it does not need to be covered by short term assets.


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.

Whilst loss making ProAm Explorations has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making ProAm Explorations has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53% per year.


Next Steps

Dividend

What is ProAm Explorations's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate ProAm Explorations's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate ProAm Explorations's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as ProAm Explorations has not reported any payouts.

Unable to verify if ProAm Explorations's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ProAm Explorations 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.


Next Steps

Management

What is the CEO of ProAm Explorations's salary, the management and board of directors tenure and is there insider trading?

18.1yrs

Average board tenure


CEO

Donald MacDonald 0

0yrs

Tenure

0

Mr. Donald Leo MacDonald has been the Chief Executive Officer and President of Luzon Minerals Ltd. since June 24, 2005. He served as the Chief Executive Officer and President of Black Isle Resources Corpor ...


Board Age and Tenure

18.1yrs

Average Tenure

The average tenure for the ProAm Explorations board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$1,81028 Aug 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares113,000
Max PriceCA$0.02
BuyCA$20015 Jul 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares10,000
Max PriceCA$0.02
BuyCA$1,34026 Jun 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares67,000
Max PriceCA$0.02
BuyCA$44025 Jun 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares22,000
Max PriceCA$0.02
BuyCA$4013 Jun 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares2,000
Max PriceCA$0.02
BuyCA$20003 Jun 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares10,000
Max PriceCA$0.02
BuyCA$2030 May 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares1,000
Max PriceCA$0.02
BuyCA$90022 Apr 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares36,000
Max PriceCA$0.025
BuyCA$12522 Apr 19
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares5,000
Max PriceCA$0.025
BuyCA$1,22528 Dec 18
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares49,000
Max PriceCA$0.025
BuyCA$12511 Dec 18
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares5,000
Max PriceCA$0.025
BuyCA$1,58521 Nov 18
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares40,000
Max PriceCA$0.04
SellCA$35,00131 Oct 18
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares1,000,000
Max PriceCA$0.035
BuyCA$1,55025 Oct 18
Glencoe-MacDonald Holdings Ltd
EntityCompany
Shares65,000
Max PriceCA$0.025

Ownership Breakdown


Management Team

  • W. Davidson

    CFO & Director

    • Tenure: 27.1yrs
  • Donald MacDonald

    CEO, President & Non-Independent Director

    • Tenure: 0yrs
  • Christine Davis

    Secretary

    • Tenure: 0yrs

Board Members

  • Dave Trueman

    Independent Director

    • Tenure: 11.9yrs
  • W. Davidson

    CFO & Director

    • Tenure: 27.1yrs
  • Donald MacDonald

    CEO, President & Non-Independent Director

    • Tenure: 0yrs
  • Donald MacDonald

    Independent Director

    • Tenure: 8.1yrs

Company Information

ProAm Explorations Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ProAm Explorations Corporation
  • Ticker: PMX
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$232.259k
  • Shares outstanding: 15.48m
  • Website: https://null

Location

  • ProAm Explorations Corporation
  • 867 West 3rd Street
  • North Vancouver
  • British Columbia
  • V7P 1E2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PMXTSXV (TSX Venture Exchange)YesClass A Common SharesCACADSep 1988

Biography

ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. The company owns working interests in various oil a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 23:40
End of Day Share Price2019/09/06 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.