Loading...

Platinum Group Metals

TSX:PTM
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PTM
TSX
CA$85M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. The last earnings update was 68 days ago. More info.


Add to Portfolio Compare Print
  • Platinum Group Metals has significant price volatility in the past 3 months.
PTM Share Price and Events
7 Day Returns
-1.5%
TSX:PTM
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-37.6%
TSX:PTM
-5.9%
CA Metals and Mining
0.7%
CA Market
PTM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Platinum Group Metals (PTM) -1.5% 43.1% 55.1% -37.6% -94.2% -97.7%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • PTM underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • PTM underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
PTM
Industry
5yr Volatility vs Market

Value

 Is Platinum Group 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.

In this section, we usually try to help investors determine whether Platinum Group Metals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Platinum Group Metals 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 Platinum Group Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$2.59.
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 Platinum Group Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Platinum Group Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:PTM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in USD $-1.45
TSX:PTM Share Price ** TSX (2019-03-20) in CAD CA$2.59
TSX:PTM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $1.94
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Platinum Group Metals.

TSX:PTM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:PTM Share Price ÷ EPS (both in USD)

= 1.94 ÷ -1.45

-1.34x

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

  • Platinum Group Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Platinum Group Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Platinum Group Metals's expected growth come at a high price?
Raw Data
TSX:PTM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.34x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*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 Platinum Group Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Platinum Group Metals's assets?
Raw Data
TSX:PTM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in USD $-1.33
TSX:PTM Share Price * TSX (2019-03-20) in CAD CA$2.59
TSX:PTM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $1.94
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSX:PTM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:PTM Share Price ÷ Book Value per Share (both in USD)

= 1.94 ÷ -1.33

-1.46x

* Primary Listing of Platinum Group Metals.

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

  • Platinum Group Metals has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of PTM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity 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 Platinum Group Metals's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Platinum Group 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. Platinum Group Metals 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.

Future Performance

 How is Platinum Group 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 Platinum Group 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 Platinum Group Metals expected to grow at an attractive rate?
  • Unable to compare Platinum Group Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Platinum Group Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Platinum Group Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:PTM 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 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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
TSX:PTM 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:PTM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-08-31
2019-08-31
TSX:PTM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-11-30 -7 -33
2018-08-31 -21 -39
2018-05-31 -15 -339
2018-02-28 -11 -518
2017-11-30 -11 -551
2017-08-31 3 -542
2017-05-31 -2 -258
2017-02-28 -4 -67
2016-11-30 -7 -22
2016-08-31 2 -21
2016-05-31 -9 -2
2016-02-29 2 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Platinum Group Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Platinum Group 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
TSX:PTM 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 Platinum Group Metals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:PTM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-08-31
2019-08-31
TSX:PTM Past Financials Data
Date (Data in USD Millions) EPS *
2018-11-30 -1.45
2018-08-31 -2.03
2018-05-31 -21.82
2018-02-28 -35.34
2017-11-30 -39.71
2017-08-31 -43.04
2017-05-31 -23.20
2017-02-28 -6.99
2016-11-30 -2.63
2016-08-31 -2.57
2016-05-31 -0.24
2016-02-29 -0.70

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

Next steps:

  1. Take a look at our analysis of PTM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Platinum Group 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. Platinum Group 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 Platinum Group 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.
Platinum Group 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 Platinum Group 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 Platinum Group 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.
  • Platinum Group Metals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Platinum Group Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Platinum Group Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Platinum Group 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 Platinum Group Metals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:PTM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -32.85 14.07
2018-08-31 -38.68 20.60
2018-05-31 -339.01 20.54
2018-02-28 -518.21 19.33
2017-11-30 -551.43 13.05
2017-08-31 -542.42 6.89
2017-05-31 -257.68 6.25
2017-02-28 -67.02 6.13
2016-11-30 -22.50 5.38
2016-08-31 -20.68 5.57
2016-05-31 -1.82 6.00
2016-02-29 -5.40 5.81
2015-11-30 1.33 7.81
2015-08-31 -3.14 8.04
2015-05-31 -5.20 8.32
2015-02-28 -5.92 8.08
2014-11-30 -14.65 9.30
2014-08-31 -9.61 9.35
2014-05-31 -8.32 9.98
2014-02-28 -12.73 8.53
2013-11-30 -9.54 7.14
2013-08-31 -11.73 7.68
2013-05-31 -14.04 6.34
2013-02-28 -7.19 7.17
2012-11-30 -7.14 6.14
2012-08-31 -10.74 7.49
2012-05-31 -6.45 8.11

*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 Platinum Group Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Platinum Group 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 Platinum Group Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Platinum Group 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.
Platinum Group 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 Platinum Group 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 Platinum Group Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Platinum Group Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Platinum Group Metals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Platinum Group 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.
  • Platinum Group Metals has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Platinum Group Metals Company Filings, last reported 3 months ago.

TSX:PTM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 -26.24 65.63 10.39
2018-08-31 -19.53 57.14 10.10
2018-05-31 -14.80 54.98 12.86
2018-02-28 -23.74 121.38 1.02
2017-11-30 -16.08 107.99 1.10
2017-08-31 -23.27 107.35 3.41
2017-05-31 262.76 83.70 12.53
2017-02-28 482.69 83.57 25.01
2016-11-30 475.83 81.81 27.51
2016-08-31 419.45 81.25 16.45
2016-05-31 424.64 77.97 45.49
2016-02-29 393.32 76.76 48.25
2015-11-30 433.31 74.64 80.78
2015-08-31 473.35 0.00 39.08
2015-05-31 507.50 0.00 78.51
2015-02-28 528.36 0.00 115.97
2014-11-30 442.35 0.00 57.15
2014-08-31 468.31 0.00 99.61
2014-05-31 471.96 0.00 147.98
2014-02-28 468.30 0.00 183.34
2013-11-30 335.03 0.00 75.46
2013-08-31 333.31 0.00 105.97
2013-05-31 340.81 0.00 131.36
2013-02-28 374.87 0.00 159.98
2012-11-30 211.77 0.00 8.27
2012-08-31 224.30 0.00 17.92
2012-05-31 222.77 0.00 27.63
  • Platinum Group Metals has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Platinum Group Metals's debt level has increased considering it has negative shareholder equity.
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.

  • Platinum Group Metals has less than a year of cash runway based on current free cash flow.
  • Platinum Group Metals has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35% each year.
X
Financial health checks
We assess Platinum Group 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. Platinum Group Metals has a total score of 0/6, 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 Platinum Group 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 Platinum Group Metals dividends.
If you bought CA$2,000 of Platinum Group 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 Platinum Group Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Platinum Group 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
TSX:PTM 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%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:PTM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-08-31
2019-08-31

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

  • Unable to perform a dividend volatility check as Platinum Group Metals has not reported any payouts.
  • Unable to verify if Platinum Group Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Platinum Group Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Platinum Group 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 Platinum Group 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 Platinum Group Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Platinum Group 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 Platinum Group 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
R. Jones
COMPENSATION $531,968
AGE 54
TENURE AS CEO 19.2 years
CEO Bio

Mr. R. Michael Jones, P.Eng., has been the President and Chief Executive Officer of West Kirkland Mining Inc. since 2010; President, Chief Executive Officer and Co-Founder of Platinum Group Metals Ltd. since 2000; a Director of Nextraction Energy Corp. since 2008. He serves as Director at Platinum Group Metals Ltd. Since Feb. 18, 2002. He is Co-Founder and former Director of MAG Silver Corp. from 2003 to 2012; Co-Founder and former Director of West Timmins Mining Inc. (now Lake Shore Gold Corp.) from September 2006 to November 2009; Professional Engineer since 1990. Mr. Jones has over twenty five years of experience as a professional geological engineer and has been involved with the raising of over $1 billion for exploration, mining development and production. Mr. Jones was a founder of Glimmer Resources Inc. and was responsible for the discovery of the Glimmer Gold mine, now Blackfox, in Ontario. During a six-year tenure as President of Cathedral Gold Corp., Mr. Jones ran a producing gold mining company and was involved in the review of a feasibility study and financing for the $1 billion Diavik Mine project during two years as Vice President with Aber Resources. Mr. Jones served as Member of Advisory Committee at Philippine Metals Inc. Mr. Jones served on the Securities Policy Advisory Committee of the British Columbia Securities Commission for six years and holds a B.A.Sc. in geological engineering from the University of Toronto.

CEO Compensation
  • R.'s compensation has been consistent with company performance over the past year.
  • R.'s remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Platinum Group Metals management team in years:

7.8
Average Tenure
58
Average Age
  • The average tenure for the Platinum Group Metals management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

R. Jones

TITLE
President
COMPENSATION
$532K
AGE
54
TENURE
19.2 yrs

Frank Hallam

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
$481K
AGE
58
TENURE
36.2 yrs

Kris Begic

TITLE
Vice President of Corporate Development
COMPENSATION
$233K
TENURE
7.3 yrs

Mlibo Mgudlwa

TITLE
Vice President of Platinum Group Metals (Rsa) (Pty) Ltd and Corporate Law Advisor
COMPENSATION
$238K
AGE
58
TENURE
7.3 yrs

Gawie de Wet

TITLE
Head of Mine Engineering
TENURE
2.1 yrs

Carlos Agueero

TITLE
Chief Executive Officer of Metalico Inc and President of Metalico Inc

AJ Ali

TITLE
Project Finance Advisor & Member of Advisory Board
AGE
74
TENURE
8.2 yrs
Board of Directors Tenure

Average tenure and age of the Platinum Group Metals board of directors in years:

7.9
Average Tenure
62
Average Age
  • The tenure for the Platinum Group Metals board of directors is about average.
Board of Directors

Iain D. McLean

TITLE
Chairman of the Board
COMPENSATION
$142K
AGE
62

R. Jones

TITLE
President
COMPENSATION
$532K
AGE
54
TENURE
17.1 yrs

Frank Hallam

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
$481K
AGE
58
TENURE
17.1 yrs

Tim Marlow

TITLE
COMPENSATION
$102K
AGE
73
TENURE
7.8 yrs

Diana Walters

TITLE
Independent Director
COMPENSATION
$102K
AGE
55
TENURE
5.7 yrs

AJ Ali

TITLE
Project Finance Advisor & Member of Advisory Board
AGE
74

Gordon Chunnett

TITLE
AGE
63
TENURE
8.1 yrs

Dan Rogness

TITLE
AGE
58

John Copelyn

TITLE
Independent Director
COMPENSATION
$14K
AGE
68
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Platinum Group Metals insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
01. Mar 19 Buy Kresimir Begic Individual 01. Mar 19 01. Mar 19 400 CA$2.21 CA$882
07. Feb 19 Buy Hosken Consolidated Investments Limited Company 04. Feb 19 04. Feb 19 2,141,942 CA$1.75 CA$3,740,082
20. Dec 18 Buy Kresimir Begic Individual 20. Dec 18 20. Dec 18 600 CA$1.71 CA$1,021
20. Dec 18 Buy R. Jones Individual 20. Dec 18 20. Dec 18 1,000 CA$1.68 CA$1,680
25. Oct 18 Buy Liberty Mutual Insurance Company, Asset Management Arm Company 15. May 18 15. May 18 2,000,000 CA$1.93 CA$3,864,120
29. Aug 18 Buy Hosken Consolidated Investments Limited Company 28. Aug 18 28. Aug 18 59,715 CA$1.29 CA$76,601
28. Aug 18 Buy Hosken Consolidated Investments Limited Company 22. Aug 18 23. Aug 18 14,759 CA$1.32 CA$19,420
22. Aug 18 Buy Hosken Consolidated Investments Limited Company 20. Aug 18 21. Aug 18 33,401 CA$1.31 CA$43,539
14. Aug 18 Buy Hosken Consolidated Investments Limited Company 08. Aug 18 10. Aug 18 8,277 CA$1.38 CA$11,392
08. Aug 18 Buy Hosken Consolidated Investments Limited Company 06. Aug 18 08. Aug 18 26,089 CA$1.37 CA$35,826
07. Aug 18 Buy Hosken Consolidated Investments Limited Company 01. Aug 18 02. Aug 18 47,606 CA$1.37 CA$64,760
03. Jul 18 Buy Hosken Consolidated Investments Limited Company 29. Jun 18 29. Jun 18 89 CA$1.25 CA$111
20. Jun 18 Buy Hosken Consolidated Investments Limited Company 15. Jun 18 15. Jun 18 193,512 CA$1.20 CA$231,636
14. Jun 18 Buy Hosken Consolidated Investments Limited Company 11. Jun 18 13. Jun 18 193,512 CA$1.23 CA$227,392
28. May 18 Buy Kresimir Begic Individual 25. May 18 25. May 18 1,700 CA$1.70 CA$2,729
17. May 18 Buy Hosken Consolidated Investments Limited Company 15. May 18 15. May 18 1,509,100 CA$1.92 CA$2,896,234
17. May 18 Buy Hosken Consolidated Investments Limited Company 15. May 18 15. May 18 2,490,900 CA$1.92 CA$4,780,484
15. May 18 Buy Kresimir Begic Individual 15. May 18 15. May 18 10,000 CA$1.92 CA$19,192
15. May 18 Buy Frank Hallam Individual 15. May 18 15. May 18 8,400 CA$1.92 CA$16,121
15. May 18 Buy R. Jones Individual 15. May 18 15. May 18 8,267 CA$1.92 CA$15,865
X
Management checks
We assess Platinum Group 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. Platinum Group 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

Who Are The Largest Shareholders In Platinum Group Metals Ltd (TSE:PTM)?

In this analysis, my focus will be on developing a perspective on Platinum Group Metals Ltd’s (TSE:PTM) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Check out our latest analysis for Platinum Group Metals

Simply Wall St -

Who Are The Major Shareholders In Platinum Group Metals Ltd (TSE:PTM)?

View our latest analysis for Platinum Group Metals TSX:PTM Ownership_summary May 18th 18 Institutional Ownership PTM's 31.82% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Insider Ownership Another important group of shareholders are company insiders. … Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

Company Info

Description

Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. It explores for platinum, palladium, rhodium, gold, ruthenium, iridium, copper, and nickel deposits. The company holds 50.02% interest in the Waterberg project located on the North Limb of the Western Bushveld complex, South Africa. Platinum Group Metals Ltd. was founded in 2000 and is headquartered in Vancouver, Canada.

Details
Name: Platinum Group Metals Ltd.
PTM
Exchange: TSX
Founded: 2000
CA$84,941,357
32,795,891
Website: http://www.platinumgroupmetals.net
Address: Platinum Group Metals Ltd.
1100 Melville Street,
Suite 838,
Vancouver,
British Columbia, V6E 4A6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX PTM Common Shares The Toronto Stock Exchange CA CAD 06. Mar 2001
AMEX PLG Common Shares NYSE MKT LLC US USD 06. Mar 2001
DB P6MB Common Shares Deutsche Boerse AG DE EUR 06. Mar 2001
LSE 0VD1 Common Shares London Stock Exchange GB CAD 06. Mar 2001
Number of employees
Current staff
Staff numbers
17
Platinum Group Metals employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:43
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/05
Last earnings filing: 2019/01/11
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/08/31


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.