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Primary Energy Metals

CNSX:PRIM
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRIM
CNSX
CA$979K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Primary Energy Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 111 days ago. More info.


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  • Primary Energy Metals has significant price volatility in the past 3 months.
PRIM Share Price and Events
7 Day Returns
0%
CNSX:PRIM
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-92%
CNSX:PRIM
-7%
CA Metals and Mining
1.2%
CA Market
PRIM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Primary Energy Metals (PRIM) 0% -20% -40% -92% - -
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • PRIM underperformed the Metals and Mining industry which returned -7% over the past year.
  • PRIM underperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Primary Energy Metals 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Primary Energy Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.12.
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 Primary Energy Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Primary Energy Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:PRIM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.51
CNSX:PRIM Share Price ** CNSX (2019-03-18) in CAD CA$0.12
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

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

** Primary Listing of Primary Energy Metals.

CNSX:PRIM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:PRIM Share Price ÷ EPS (both in CAD)

= 0.12 ÷ -0.51

-0.23x

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

  • Primary Energy Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Primary Energy Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Primary Energy Metals's expected growth come at a high price?
Raw Data
CNSX:PRIM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*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 Primary Energy Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Primary Energy Metals's assets?
Raw Data
CNSX:PRIM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.43
CNSX:PRIM Share Price * CNSX (2019-03-18) in CAD CA$0.12
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
CNSX:PRIM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:PRIM Share Price ÷ Book Value per Share (both in CAD)

= 0.12 ÷ 0.43

0.28x

* Primary Listing of Primary Energy Metals.

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

  • Primary Energy Metals is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Primary Energy Metals'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Primary Energy Metals has a total score of 1/6, 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.

Future Performance

 How is Primary Energy Metals 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 Primary Energy Metals 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Primary Energy Metals expected to grow at an attractive rate?
  • Unable to compare Primary Energy Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Primary Energy Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Primary Energy Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:PRIM Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:PRIM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:PRIM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -1
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2016-12-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Primary Energy Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Primary Energy Metals 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:PRIM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Primary Energy Metals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PRIM Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.51
2018-06-30 -0.31
2018-03-31 -0.29
2017-12-31 -0.14
2017-09-30 -0.11
2016-12-31 -0.01
2015-12-31 -0.01

*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 Primary Energy Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Primary Energy Metals'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.
  2. Primary Energy Metals'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 Materials companies here
  3. Primary Energy Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Primary Energy Metals'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.
Primary Energy Metals 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.

Past Performance

  How has Primary Energy Metals 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 Primary Energy Metals's growth in the last year to its industry (Metals and Mining).
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.
  • Primary Energy Metals does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Primary Energy Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Primary Energy Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Primary Energy Metals'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 Primary Energy Metals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PRIM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.99 0.92
2018-06-30 -0.49 0.45
2018-03-31 -0.37 0.36
2017-12-31 -0.14 0.13
2017-09-30 -0.08 0.08
2016-12-31 -0.01
2015-12-31 -0.01

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

Health

 How is Primary Energy Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Primary Energy Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Primary Energy Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Primary Energy Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Primary Energy Metals'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.
  • High level of physical assets or inventory.
  • Primary Energy Metals has no debt, it does not need to be covered by short term assets.
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 Primary Energy Metals Company Filings, last reported 5 months ago.

CNSX:PRIM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 2.12 0.00 0.44
2018-06-30 0.48 0.00 0.17
2018-03-31 0.61 0.00 0.34
2017-12-31 0.33 0.00 0.04
2017-09-30 0.22 0.00 0.01
2016-12-31 0.01 0.00
2015-12-31 0.01 0.00
  • Primary Energy Metals has no debt.
  • Primary Energy Metals has not taken on any debt in the past 5 years.
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.

  • Primary Energy Metals has less than a year of cash runway based on current free cash flow.
  • Primary Energy Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 91.9% each year.
X
Financial health checks
We assess Primary Energy Metals'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. Primary Energy Metals has a total score of 4/6, 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.

Dividends

 What is Primary Energy Metals'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 Primary Energy Metals dividends.
If you bought CA$2,000 of Primary Energy Metals 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 Primary Energy Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Primary Energy Metals'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:PRIM 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 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.

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

  • Unable to perform a dividend volatility check as Primary Energy Metals has not reported any payouts.
  • Unable to verify if Primary Energy Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Primary Energy Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Primary Energy Metals 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 Primary Energy Metals'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 Primary Energy Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Primary Energy Metals 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.

Management

 What is the CEO of Primary Energy Metals'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.
CEO
Patrick Morris
COMPENSATION CA$60,000
AGE 49
TENURE AS CEO 2.1 years
CEO Bio

Mr. Patrick Morris, also known as Pat, serves as the President of Vimoris Ventures Inc. Mr. Morris served as the Chief Executive Officer of Victory Mountain Ventures Ltd. from April 2014 to March 2015. He served as the Chief Executive Officer and President of Simba Energy Inc. (a/k/a Gold Star Resources Corp.,) from December 20, 2007 to November 13, 2009. He served as Chief Executive Officer and President of Clear Mountain Resources Corp. He co-founded Sheltered Oak Resources Corp. and served as its Chief Executive Officer until August 2008 and Chief Financial Officer until January 7, 2009. He served as Chief Executive Officer, President, Chief Financial Officer and Secretary of Lucrum Capital Corporation. Mr. Morris served as the Chief Executive Officer, Chief Financial Officer and Secretary of Skybridge Development Corp., from March 6, 2007 to May 26, 2008 and also served as its President from January 30, 2007 to May 26, 2008. He served for five years specializing in financial programming and advertising in the media. He has been a Director of Alexandra Capital Corp., since July 31, 2013 and NioCorp Developments Ltd. since July 28, 2014. He serves as a Director of Trivello Energy Corp. (Formerly, Solaia Ventures Inc.) and Amarillo Gold Corporation (formerly, Consolidated Excellerated Resources Inc.). He served as a Director of Victory Mountain Ventures Ltd. from February 18, 2014 to March 2015. Mr. Morris served as a Director of Weststar Resources Corp. from May 13, 2010 to June 15, 2012; Gold Star Resources Corp., since December 20, 2007; Simba Energy Inc., since December 20, 2007; Quantum Rare Earth Developments Corp., (alternate name: Butler Resource Corp., Equitas Resources Corp., NioCorp Developments Ltd.) from October 14, 2009 to June 8, 2010; Lateegra Gold Corp. until October 2010; Clear Mountain Resources Corp. from May 11, 2000 to May 9, 2013; Lucrum Capital Corporation; Skybridge Development Corp., from January 30, 2007 to May 26, 2008 and Sheltered Oak Resources Corp., since March 1, 2007. He is President, CEO & Director of Primary Cobalt Corp.

CEO Compensation
  • Insufficient data for Patrick to compare compensation growth.
  • Patrick's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Primary Energy Metals management team in years:

1.8
Average Tenure
  • The average tenure for the Primary Energy Metals management team is less than 2 years, this suggests a new team.
Management Team

Patrick Morris

TITLE
President
COMPENSATION
CA$60K
AGE
49
TENURE
2.1 yrs

Ken Phillippe

TITLE
Corporate Secretary
AGE
66
TENURE
1.8 yrs

Geoff Balderson

TITLE
CFO & Director
TENURE
0.6 yrs

Daniel Sanchiz

TITLE
Director técnico & Chief Operations

Rafael López

TITLE
Exploration Manager
Board of Directors Tenure

Average tenure of the Primary Energy Metals board of directors in years:

0.7
Average Tenure
  • The average tenure for the Primary Energy Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Morris

TITLE
President
COMPENSATION
CA$60K
AGE
49
TENURE
2.1 yrs

Geoff Balderson

TITLE
CFO & Director
TENURE
0.6 yrs

John Mackey

TITLE
Director
AGE
77
TENURE
8.6 yrs

Thomas Clarke

TITLE
Independent Director
TENURE
0.7 yrs

Chaimae Ei Amri

TITLE
Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Primary Energy Metals insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Jan 19 Buy Thomas Clarke Individual 04. Jan 19 04. Jan 19 10,000 CA$0.36 CA$3,600
22. Nov 18 Buy Patrick Morris Individual 22. Nov 18 22. Nov 18 1,500 CA$0.50 CA$750
15. Oct 18 Buy Patrick Morris Individual 04. Oct 18 09. Oct 18 3,000 CA$0.80 CA$2,157
25. Sep 18 Buy Enermetal Ventures Inc Company 24. Sep 18 25. Sep 18 2,000 CA$0.60 CA$1,120
X
Management checks
We assess Primary Energy Metals'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. Primary Energy Metals 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.

News

Simply Wall St News

Company Info

Description

Primary Energy Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for Cobalt, Copper, Nickel, and Vanadium It holds 100% interests in the RD Cobalt property comprising 4 contiguous mineral claims covering 5,827 hectares of area located in northwest British Columbia. The company was formerly known as Primary Cobalt Corp. and changed its name to Primary Energy Metals Inc. in August 2018. Primary Energy Metals Inc. was founded in 2010 and is headquartered in Vancouver, Canada.

Details
Name: Primary Energy Metals Inc.
PRIM
Exchange: CNSX
Founded: 2010
CA$979,458
8,162,157
Website: http://primaryenergymetals.com
Address: Primary Energy Metals Inc.
580 Hornby Street,
Suite 430,
Vancouver,
British Columbia, V6C 3B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX PRIM Common Shares Canadian National Stock Exchange CA CAD 09. Mar 2018
DB 1WZ1 Common Shares Deutsche Boerse AG DE EUR 09. Mar 2018
Number of employees
Current staff
Staff numbers
0
Primary Energy Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:47
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.