TSXV:PA

Stock Analysis Report

Executive Summary

Palamina Corp., through its subsidiary Palamina S.A.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

38.1%

PA

6.7%

CA Metals and Mining

11.7%

CA Market


1 Year Return

-55.4%

PA

-10.8%

CA Metals and Mining

-26.0%

CA Market

Return vs Industry: PA underperformed the Canadian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: PA underperformed the Canadian Market which returned -26% over the past year.


Shareholder returns

PAIndustryMarket
7 Day38.1%6.7%11.7%
30 Day-23.7%-8.8%-21.9%
90 Day-50.0%-17.2%-26.6%
1 Year-55.4%-55.4%-10.2%-10.8%-23.6%-26.0%
3 Year-23.7%-23.7%-17.5%-19.0%-15.8%-23.6%
5 Yearn/a5.1%2.1%-3.5%-17.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Palamina undervalued compared to its fair value and its price relative to the market?

13.77x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PA is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: PA 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 PA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PA is overvalued based on its PB Ratio (13.8x) compared to the CA Metals and Mining industry average (1.1x).


Next Steps

Future Growth

How is Palamina forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.5%

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 Palamina 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 Palamina performed over the past 5 years?

-39.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PA is currently unprofitable.

Growing Profit Margin: PA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PA is unprofitable, and losses have increased over the past 5 years at a rate of -39.3% per year.

Accelerating Growth: Unable to compare PA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).


Return on Equity

High ROE: PA has a negative Return on Equity (-464.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Palamina's financial position?


Financial Position Analysis

Short Term Liabilities: PA's short term assets (CA$151.8K) do not cover its short term liabilities (CA$325.3K).

Long Term Liabilities: PA has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PA is debt free.

Reducing Debt: PA has not had any debt for past 5 years.


Balance Sheet

Inventory Level: PA has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PA'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: PA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -41.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PA'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 PA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PA'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 PA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

Andrew Thomson (53yo)

no data

Tenure

CA$196,875

Compensation

Mr. Andrew Willard Thomson serves as the Chief Executive Officer and President of Palamina Corp. Mr. Thomson has been a Director of Winshear Gold Corp. (Formerly, Helio Resource Corporation) since October  ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD139.89K) is about average for companies of similar size in the Canadian market ($USD159.52K).

Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Andrew Thomson
Presidentno dataCA$196.88k8.89% CA$468.0k
Darin Wagner
Independent Director4.17yrsCA$17.50k1.16% CA$61.1k
Douglas Reeson
Member of Advisory Board4.25yrsno datano data
Alistair Waddell
Independent Director2.33yrsCA$14.50k0.39% CA$20.3k
Phillip Walford
Member of Advisory Board4.25yrsno datano data
Jose Vizquerra-Benavides
Member of Advisory Board2.33yrsCA$9.96kno data
Christina McCarthy
Member of Advisory Board0.25yrno datano data
Hugh Agro
Independent Director3.33yrsCA$16.50k2.4% CA$126.4k

3.8yrs

Average Tenure

54yo

Average Age

Experienced Board: PA's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25%.


Top Shareholders

Company Information

Palamina Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Palamina Corp.
  • Ticker: PA
  • Exchange: TSXV
  • Founded: 2015
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$5.264m
  • Shares outstanding: 36.30m
  • Website: https://www.palamina.com

Location

  • Palamina Corp.
  • 145 King Street West
  • Suite 2870
  • Toronto
  • Ontario
  • M5H 1J8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PATSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2015
PLMN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2015

Biography

Palamina Corp., through its subsidiary Palamina S.A. de C.V., focuses on the exploration of mineral deposits in Mexico, Canada, and Peru. The company explores for gold, lead, zinc, and silver deposits. It owns 100% interests in the Coasa, Bendi, Cori, Orco, and Gaban gold projects located at south-eastern Peru; the Tinka iron oxide copper-gold project covering an area of 1,800 hectares located in southern Peru; the Lagos Silver Copper Project located at south-eastern Peru; and the El Santuario property covering an area of 1,372 hectares located in the Cardonal district, Hidalgo State, Mexico. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 04:31
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
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.