Palamina Corp., through its subsidiary Palamina S.A.
+ 1 more risk
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
1 month ago | Simply Wall StCould The Palamina Corp. (CVE:PA) Ownership Structure Tell Us Something Useful?
2 months ago | Simply Wall StPalamina (CVE:PA) Will Have To Spend Its Cash Wisely
3 months ago | Simply Wall StRead This Before Selling Palamina Corp. (CVE:PA) Shares
Is Palamina 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 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).
How is Palamina 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 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.
- Take a look at our analysis of PA’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.
- Palamina competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Palamina performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Andrew Thomson (53yo)
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.
|President||no data||CA$196.88k||8.89% CA$468.0k|
|Independent Director||4.17yrs||CA$17.50k||1.16% CA$61.1k|
|Member of Advisory Board||4.25yrs||no data||no data|
|Independent Director||2.33yrs||CA$14.50k||0.39% CA$20.3k|
|Member of Advisory Board||4.25yrs||no data||no data|
|Member of Advisory Board||2.33yrs||CA$9.96k||no data|
|Member of Advisory Board||0.25yr||no data||no data|
|Independent Director||3.33yrs||CA$16.50k||2.4% CA$126.4k|
Experienced Board: PA'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: PA 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 25%.
Palamina Corp.'s company bio, employee growth, exchange listings and data sources
- 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
- Palamina Corp.
- 145 King Street West
- Suite 2870
- M5H 1J8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PA||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2015|
|PLMN.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2015|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 04:31|
|End of Day Share Price||2020/03/27 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.