Patriot Gold Corp., together with its subsidiaries, explores, acquires, and develops primarily gold and silver properties in the United States.
+ 1 more risk
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Patriot Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PGOL has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how PGOL performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how PGOL performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Patriot Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Patriot Gold 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 PGOL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PGOL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PGOL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: PGOL is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PGOL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PGOL is overvalued based on its PB Ratio (2.5x) compared to the CA Metals and Mining industry average (1.6x).
How is Patriot Gold 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 Patriot 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.
- Examine Patriot Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Patriot Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Patriot Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGOL is currently unprofitable.
Growing Profit Margin: PGOL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PGOL is unprofitable, but has reduced losses over the past 5 years at a rate of 1.9% per year.
Accelerating Growth: Unable to compare PGOL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PGOL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: PGOL has a negative Return on Equity (-19.11%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Patriot Gold's financial position?
Financial Position Analysis
Short Term Liabilities: PGOL's short term assets ($700.7K) exceed its short term liabilities ($233.1K).
Long Term Liabilities: PGOL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PGOL is debt free.
Reducing Debt: PGOL has not had any debt for past 5 years.
Inventory Level: PGOL has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PGOL's debt is 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.
Stable Cash Runway: PGOL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGOL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -4.3% each year
What is Patriot Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PGOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PGOL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PGOL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PGOL'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 PGOL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Trevor Newton (49yo)
Mr. Trevor Newton has been the Chief Executive Officer, President, Secretary and Treasurer of Patriot Gold Corp. since May 27, 2016. Mr. Newton has been the Chief Executive Officer, President, Chief Financ ...
CEO Compensation Analysis
Compensation vs Market: Trevor's total compensation ($USD273.91K) is above average for companies of similar size in the Canadian market ($USD154.48K).
Compensation vs Earnings: Trevor's compensation has been consistent with company performance over the past year.
|Chairman of the Board||3.8yrs||US$50.47k||0.98% $48.2k|
Experienced Board: PGOL's board of directors are considered experienced (3.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.
Patriot Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Patriot Gold Corp.
- Ticker: PGOL
- Exchange: CNSX
- Founded: 1998
- Industry: Gold
- Sector: Materials
- Market Cap: US$3.692m
- Listing Market Cap: US$4.900m
- Shares outstanding: 74.28m
- Website: https://www.patriotgoldcorp.com
- Patriot Gold Corp.
- 3651 Lindell Road
- Suite D165
- Las Vegas
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PGOL||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Dec 2001|
|PGOL||CNSX (Canadian National Stock Exchange)||Yes||Common Stock||CA||CAD||Dec 2001|
Patriot Gold Corp., together with its subsidiaries, explores, acquires, and develops primarily gold and silver properties in the United States. It holds a 100% interest in the Vernal property that consists of 12 unpatented mining claims covering an area of approximately 248 acres in Nevada. The company also holds an interest in the Windy Peak property, which includes 114 unpatented mineral claims covering approximately 2,337 contiguous acres in southwest Nevada; and the Rainbow Mountain property that consists of 81 unpatented lode claims covering an area of approximately 1,620 contiguous acres in Nevada. Patriot Gold Corp. was founded in 1998 and is based in Las Vegas, Nevada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:37|
|End of Day Share Price||2019/11/27 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.