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Palamina

TSXV:PA
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PA
TSXV
CA$8M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Palamina Corp., through its subsidiary Palamina S.A. The last earnings update was 41 days ago. More info.


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  • Palamina has significant price volatility in the past 3 months.
PA Share Price and Events
7 Day Returns
-23.3%
TSXV:PA
-3.3%
CA Metals and Mining
-1.2%
CA Market
1 Year Returns
-41%
TSXV:PA
-16.8%
CA Metals and Mining
-1.9%
CA Market
PA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Palamina (PA) -23.3% -6.1% -27% -41% 31.4% -
CA Metals and Mining -3.3% -7% -11.7% -16.8% -14.5% -22.8%
CA Market -1.2% -2.8% 0.1% -1.9% 10.6% 4.2%
1 Year Return vs Industry and Market
  • PA underperformed the Metals and Mining industry which returned -16.8% over the past year.
  • PA underperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
PA
Industry
5yr Volatility vs Market

Value

 Is Palamina 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 Palamina is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Palamina 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 Palamina. This is due to cash flow or dividend data being unavailable. The share price is CA$0.23.
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 Palamina's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Palamina's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.10
TSXV:PA Share Price ** TSXV (2019-05-22) in CAD CA$0.23
Canada Metals and Mining Industry PE Ratio Median Figure of 113 Publicly-Listed Metals and Mining Companies 12.38x
Canada Market PE Ratio Median Figure of 544 Publicly-Listed Companies 14.81x

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

** Primary Listing of Palamina.

TSXV:PA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PA Share Price ÷ EPS (both in CAD)

= 0.23 ÷ -0.10

-2.26x

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

  • Palamina is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Palamina is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Palamina's expected growth come at a high price?
Raw Data
TSXV:PA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.26x
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 0.57x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 1.15x

*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 Palamina, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Palamina's assets?
Raw Data
TSXV:PA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:PA Share Price * TSXV (2019-05-22) in CAD CA$0.23
Canada Metals and Mining Industry PB Ratio Median Figure of 1,088 Publicly-Listed Metals and Mining Companies 1.26x
Canada Market PB Ratio Median Figure of 2,402 Publicly-Listed Companies 1.41x
TSXV:PA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PA Share Price ÷ Book Value per Share (both in CAD)

= 0.23 ÷ -0.01

-18.23x

* Primary Listing of Palamina.

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

  • Palamina 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 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.
  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 Palamina'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 Palamina'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. Palamina 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 Palamina 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 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 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
25.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Palamina expected to grow at an attractive rate?
  • Unable to compare Palamina's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Palamina's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Palamina's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PA Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 25.8%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.1%

*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
TSXV:PA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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.
TSXV:PA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -3
2018-09-30 -2 -3
2018-06-30 -2 -2
2018-03-31 -2 -2
2017-12-31 -1 -2
2017-09-30 -1 -2
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 -1 -1
2016-03-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Palamina is high growth as no earnings estimate data is available.
  • Unable to determine if Palamina 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
TSXV:PA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Palamina Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PA Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.10
2018-09-30 -0.10
2018-06-30 -0.09
2018-03-31 -0.07
2017-12-31 -0.08
2017-09-30 -0.07
2017-06-30 -0.07
2017-03-31 -0.06
2016-12-31 -0.06
2016-09-30 -0.05
2016-06-30 -0.06
2016-03-31 -0.05

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

Next steps:

  1. 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.
  2. Palamina'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. Palamina'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 Palamina'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.
Palamina 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 Palamina 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 Palamina'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.
  • Palamina does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Palamina's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Palamina's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Palamina'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 Palamina Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -2.92 2.71
2018-09-30 -2.62 2.38
2018-06-30 -2.31 2.11
2018-03-31 -1.66 1.58
2017-12-31 -1.70 1.58
2017-09-30 -1.61 1.51
2017-06-30 -1.42 1.29
2017-03-31 -1.27 1.07
2016-12-31 -1.01 0.87
2016-09-30 -0.85 0.69
2016-06-30 -0.92 0.79
2016-03-31 -0.79 0.62
2015-12-31 -0.68 0.56
2015-09-30 -0.52 0.40
2015-06-30 -0.31 0.20
2015-03-31 -0.29 0.22
2014-12-31 -0.22 0.14

*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 Palamina 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 Palamina 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 Palamina 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 Palamina'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.
Palamina 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 Palamina'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 Palamina's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Palamina's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Palamina has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Palamina'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.
  • Palamina 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 Palamina Company Filings, last reported 4 months ago.

TSXV:PA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -0.38 0.00 0.04
2018-09-30 0.40 0.00 0.46
2018-06-30 1.12 0.00 1.11
2018-03-31 1.79 0.00 1.83
2017-12-31 0.11 0.00 0.30
2017-09-30 0.57 0.00 0.70
2017-06-30 0.99 0.00 1.06
2017-03-31 1.31 0.00 1.41
2016-12-31 1.64 0.00 1.75
2016-09-30 2.02 0.00 2.08
2016-06-30 1.06 0.00 1.20
2016-03-31 1.24 0.00 1.33
2015-12-31 1.46 0.00 1.56
2015-09-30 1.69 0.00 1.78
2015-06-30 1.90 0.00 1.94
2015-03-31 -0.01 0.00
2014-12-31 -0.01 0.00
  • Palamina has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Palamina'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.

  • Palamina has less than a year of cash runway based on current free cash flow.
  • Palamina has less than a year of cash runway if free cash flow continues to grow at historical rates of 47% each year.
X
Financial health checks
We assess Palamina'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. Palamina has a total score of 1/6, 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 Palamina'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 Palamina dividends.
If you bought CA$2,000 of Palamina 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 Palamina's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Palamina'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
TSXV:PA 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 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
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 Palamina has not reported any payouts.
  • Unable to verify if Palamina's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Palamina's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Palamina 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 Palamina's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Palamina afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Palamina 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 Palamina'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
Andrew Thomson
COMPENSATION CA$196,875
AGE 52
CEO Bio

Mr. Andrew Willard Thomson serves as the Chief Executive Officer and President of Palamina Corp. Mr. Thomson was Chief Executive Officer, President and Treasurer at Soltoro Ltd., from 2006 to 2015. He has 20 years of experience in mineral exploration in Central America. He is an entrepreneur involved in mining exploration activities in Mexico, Honduras and Panama since 1993. He completed 2 joint ventures with junior producers Eldorado and Geomaque in Mexico. He served as President of Link Mineral Ventures Ltd. and Azul Resources (Bermuda) Ltd. He has been a Director of Palamina Corp. since 2015. He has been a Director of Soltoro Ltd. since 2006, Montero Mining and Exploration Ltd. since March 7, 2008 and Gossan Resources Ltd. since August 25, 2007. He served as a Director of Excalibur Resources Ltd. since December 3, 2009. Mr. Thomson served as a Director of Link Mineral Ventures Ltd. Mr. Thomson served as a Director of Argentum Silver Corporation from September 13, 2012 to July 31, 2014.

CEO Compensation
  • Andrew's compensation has increased whilst company is loss making.
  • Andrew's remuneration is higher than average for companies of similar size in Canada.
Management Team

Andrew Thomson

TITLE
President
COMPENSATION
CA$197K
AGE
52

Brian Jennings

TITLE
CFO & Secretary
COMPENSATION
CA$65K
AGE
54

Yury Valdivieso

TITLE
Geologist
TENURE
1.5 yrs

Steve Priesmeyer

TITLE
Consultant
AGE
61
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Palamina board of directors in years:

3.3
Average Tenure
53
Average Age
  • The tenure for the Palamina board of directors is about average.
Board of Directors

Douglas Reeson

TITLE
Member of Advisory Board
AGE
68
TENURE
3.4 yrs

Andrew Thomson

TITLE
President
COMPENSATION
CA$197K
AGE
52
TENURE
4.1 yrs

Phil Walford

TITLE
Member of Advisory Board
AGE
72
TENURE
3.4 yrs

Jose Vizquerra-Benavides

TITLE
Member of Advisory Board
COMPENSATION
CA$10K
AGE
37
TENURE
1.5 yrs

Darin Wagner

TITLE
Director
COMPENSATION
CA$18K
AGE
53
TENURE
3.3 yrs

Hugh Agro

TITLE
Director
COMPENSATION
CA$17K
AGE
53
TENURE
2.5 yrs

Alistair Waddell

TITLE
Director
COMPENSATION
CA$15K
AGE
44
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Palamina insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
03. May 19 Sell Hugh Agro Individual 03. May 19 03. May 19 -1,000 CA$0.24 CA$-240
02. May 19 Buy Andrew Thomson Individual 30. Apr 19 02. May 19 11,000 CA$0.22 CA$2,385
22. Apr 19 Buy Andrew Thomson Individual 22. Apr 19 22. Apr 19 4,500 CA$0.24 CA$1,030
17. Apr 19 Buy Andrew Thomson Individual 16. Apr 19 17. Apr 19 13,000 CA$0.25 CA$3,207
11. Apr 19 Buy Andrew Thomson Individual 11. Apr 19 11. Apr 19 2,000 CA$0.26 CA$520
07. Apr 19 Buy Andrew Thomson Individual 05. Apr 19 05. Apr 19 2,000 CA$0.29 CA$580
08. Apr 19 Buy Andrew Thomson Individual 08. Apr 19 08. Apr 19 4,000 CA$0.26 CA$1,020
20. Mar 19 Buy Andrew Thomson Individual 18. Mar 19 18. Mar 19 5,000 CA$0.28 CA$1,400
08. Mar 19 Buy Andrew Thomson Individual 07. Mar 19 07. Mar 19 18,000 CA$0.27 CA$4,845
06. Mar 19 Buy Andrew Thomson Individual 06. Mar 19 06. Mar 19 1,000 CA$0.28 CA$275
04. Mar 19 Buy Darin Wagner Individual 01. Mar 19 01. Mar 19 23,333 CA$0.30 CA$7,000
01. Mar 19 Buy Hugh Agro Individual 28. Feb 19 28. Feb 19 40,000 CA$0.32 CA$12,800
01. Mar 19 Buy Andrew Thomson Individual 28. Feb 19 28. Feb 19 70,000 CA$0.32 CA$22,400
01. Mar 19 Buy Alistair Waddell Individual 28. Feb 19 28. Feb 19 20,000 CA$0.32 CA$6,400
25. Feb 19 Sell Andrew Thomson Individual 21. Feb 19 21. Feb 19 -196,667 CA$0.31 CA$-59,983
21. Feb 19 Buy Andrew Thomson Individual 15. Feb 19 19. Feb 19 10,000 CA$0.30 CA$2,868
06. Feb 19 Buy Andrew Thomson Individual 05. Feb 19 05. Feb 19 17,000 CA$0.27 CA$4,590
01. Feb 19 Buy Andrew Thomson Individual 01. Feb 19 01. Feb 19 35,500 CA$0.27 CA$9,585
29. Jan 19 Buy Andrew Thomson Individual 29. Jan 19 29. Jan 19 2,000 CA$0.31 CA$620
29. Jan 19 Buy Andrew Thomson Individual 28. Jan 19 28. Jan 19 2,500 CA$0.31 CA$775
28. Jan 19 Buy Andrew Thomson Individual 25. Jan 19 25. Jan 19 5,000 CA$0.31 CA$1,550
22. Jan 19 Buy Andrew Thomson Individual 21. Jan 19 21. Jan 19 5,500 CA$0.33 CA$1,745
16. Jan 19 Buy Andrew Thomson Individual 16. Jan 19 16. Jan 19 100,000 CA$0.13 CA$13,000
08. Jan 19 Buy Andrew Thomson Individual 08. Jan 19 08. Jan 19 6,500 CA$0.33 CA$2,100
02. Jan 19 Buy Andrew Thomson Individual 31. Dec 18 31. Dec 18 3,000 CA$0.39 CA$1,143
17. Dec 18 Buy Andrew Thomson Individual 17. Dec 18 17. Dec 18 3,000 CA$0.38 CA$1,090
14. Dec 18 Buy Andrew Thomson Individual 13. Dec 18 13. Dec 18 2,500 CA$0.36 CA$900
30. Nov 18 Buy Andrew Thomson Individual 27. Nov 18 29. Nov 18 4,575 CA$0.37 CA$1,643
20. Nov 18 Buy Andrew Thomson Individual 20. Nov 18 20. Nov 18 2,000 CA$0.35 CA$700
08. Nov 18 Buy Hugh Agro Individual 08. Nov 18 08. Nov 18 10,000 CA$0.35 CA$3,500
06. Nov 18 Buy Andrew Thomson Individual 02. Nov 18 05. Nov 18 14,000 CA$0.35 CA$4,770
31. Oct 18 Buy Hugh Agro Individual 31. Oct 18 31. Oct 18 5,000 CA$0.34 CA$1,690
30. Oct 18 Buy Hugh Agro Individual 30. Oct 18 30. Oct 18 5,000 CA$0.34 CA$1,700
22. Oct 18 Buy Andrew Thomson Individual 17. Oct 18 22. Oct 18 18,000 CA$0.34 CA$6,126
09. Oct 18 Buy Hugh Agro Individual 05. Oct 18 05. Oct 18 5,000 CA$0.36 CA$1,800
05. Oct 18 Buy Andrew Thomson Individual 05. Oct 18 05. Oct 18 5,000 CA$0.37 CA$1,850
25. Sep 18 Buy Andrew Thomson Individual 26. Sep 18 26. Sep 18 6,000 CA$0.38 CA$1,695
21. Sep 18 Buy Andrew Thomson Individual 17. Sep 18 21. Sep 18 9,500 CA$0.39 CA$3,638
14. Sep 18 Sell Hugh Agro Individual 13. Sep 18 13. Sep 18 -10,000 CA$0.33 CA$-3,300
14. Sep 18 Buy Hugh Agro Individual 13. Sep 18 13. Sep 18 23,000 CA$0.34 CA$7,715
13. Sep 18 Buy Andrew Thomson Individual 13. Sep 18 13. Sep 18 10,000 CA$0.36 CA$3,600
08. Aug 18 Buy Andrew Thomson Individual 08. Aug 18 08. Aug 18 21,000 CA$0.33 CA$6,930
27. Jul 18 Buy Andrew Thomson Individual 24. Jul 18 27. Jul 18 19,500 CA$0.34 CA$6,297
12. Jul 18 Buy Andrew Thomson Individual 09. Jul 18 09. Jul 18 3,500 CA$0.36 CA$1,260
11. Jul 18 Buy Hugh Agro Individual 10. Jul 18 10. Jul 18 10,000 CA$0.35 CA$3,500
25. Jun 18 Buy Andrew Thomson Individual 21. Jun 18 21. Jun 18 6,500 CA$0.36 CA$2,305
15. Jun 18 Buy Hugh Agro Individual 06. Jun 18 06. Jun 18 10,000 CA$0.39 CA$3,855
11. Jun 18 Buy Andrew Thomson Individual 04. Jun 18 08. Jun 18 25,000 CA$0.39 CA$9,241
05. Jun 18 Buy Hugh Agro Individual 04. Jun 18 04. Jun 18 10,000 CA$0.36 CA$3,600
04. Jun 18 Buy Andrew Thomson Individual 01. Jun 18 01. Jun 18 5,000 CA$0.38 CA$1,895
31. May 18 Buy Hugh Agro Individual 31. May 18 31. May 18 5,000 CA$0.38 CA$1,900
X
Management checks
We assess Palamina'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. Palamina 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

Need To Know: Palamina Corp. (CVE:PA) Insiders Have Been Buying Shares

So we'll take a look at whether insiders have been buying or selling shares in Palamina Corp. … Palamina Insider Transactions Over The Last Year. … In the last twelve months there was more buying than selling by Palamina insiders

Simply Wall St -

What Type Of Shareholder Owns Palamina Corp's (CVE:PA)?

If you want to know who really controls Palamina Corp (CVE:PA), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … With a market capitalization of CA$10m, Palamina is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Who Are The Major Shareholders In Palamina Corp (CVE:PA)?

In this analysis, my focus will be on developing a perspective on Palamina Corp’s (CVE:PA) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

Should You Worry About Palamina Corp's (CVE:PA) CEO Pay?

View our latest analysis for Palamina What has been the trend in PA's earnings? … Profitability of a company is a strong indication of PA's ability to generate returns on shareholders' funds through corporate activities. … Normally I would use earnings and market cap to account for variations in performance, however, PA's negative earnings reduces the usefulness of my formula.

Simply Wall St -

Who Are The Top Investors In Palamina Corp (CVE:PA)?

View our latest analysis for Palamina TSXV:PA Ownership_summary May 10th 18 Institutional Ownership Due to the big order sizes of institutional investors, a company's shares can experience large, one-sided momentum, driven by high volume of shares removed from, or injected into, the market. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: With a low level of institutional ownership, investors in PA need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Basic Materials Stocks: Is Now The Time To Buy Palamina Corp (CVE:PA)?

Palamina Corp (TSXV:PA), a CA$6.32M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … In this article, I’ll take you through the sector growth expectations, as well as evaluate whether Palamina is lagging or leading its competitors in the industry. … TSXV:PA PE PEG Gauge Feb 13th 18 metals and mining companies are typically trading at a PE of 11.31x, lower than the rest of the Canadian stock market PE of 16.48x.

Simply Wall St -

Who Are The Largest Shareholders In Palamina Corp (CVE:PA)?

View our latest analysis for Palamina TSXV:PA Ownership_summary Jan 3rd 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: With a low level of institutional ownership, investors in PA need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Palamina Corp's (CVE:PA) CEO Paid Enough Relative To Peers?

Normally I would use earnings and market cap to account for variations in performance, however, PA's negative earnings lower the usefulness of my formula. … To find out more about PA's governance, look through our infographic report of the company's board and management. … To research more about these fundamentals, I recommend you check out our simple infographic report on PA's financial metrics.

Simply Wall St -

How Does Palamina Corp (TSXV:PA) Compare To The Basic Materials Sector?

TSXV:PA Past Future Earnings Nov 15th 17 Overall, the basic materials sector seems to be predominantly mature in terms of its industry life cycle. … If your initial investment thesis is around the growth prospects of PA, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

Company Info

Description

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 primarily explores for gold, lead, zinc, and silver deposits. It owns 100% interests in the Gaban, Coasa, Orco, Cori, Bendi gold projects located at south-eastern Peru; the Tinka iron oxide copper-gold project covering an area of 3,300 hectares located in southern 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.

Details
Name: Palamina Corp.
PA
Exchange: TSXV
Founded: 2015
CA$8,332,586
36,228,636
Website: http://www.palamina.com
Address: Palamina Corp.
145 King Street West,
Suite 2870,
Toronto,
Ontario, M5H 1J8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PA Common Shares TSX Venture Exchange CA CAD 13. Nov 2015
OTCPK PLMN.F Common Shares Pink Sheets LLC US USD 13. Nov 2015
Number of employees
Current staff
Staff numbers
0
Palamina employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/27 00:44
End of day share price update: 2019/05/22 00:00
Last earnings filing: 2019/04/16
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.