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Pangolin Diamonds

TSXV:PAN
Snowflake Description

Worrying balance sheet with weak fundamentals.

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

Pangolin Diamonds Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Botswana. The last earnings update was 18 days ago. More info.


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  • Pangolin Diamonds has significant price volatility in the past 3 months.
PAN Share Price and Events
7 Day Returns
0%
TSXV:PAN
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-46.2%
TSXV:PAN
-7%
CA Metals and Mining
-0.2%
CA Market
PAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pangolin Diamonds (PAN) 0% -12.5% -12.5% -46.2% 0% -76.7%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • PAN underperformed the Metals and Mining industry which returned -7% over the past year.
  • PAN underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
PAN
Industry
5yr Volatility vs Market

Value

 Is Pangolin Diamonds 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 Pangolin Diamonds is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Pangolin Diamonds 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 Pangolin Diamonds. This is due to cash flow or dividend data being unavailable. The share price is CA$0.035.
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 Pangolin Diamonds's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pangolin Diamonds's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.00
TSXV:PAN Share Price ** TSXV (2019-03-14) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

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

** Primary Listing of Pangolin Diamonds.

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

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

= 0.04 ÷ 0.00

-7.66x

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

  • Pangolin Diamonds is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Pangolin Diamonds is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Pangolin Diamonds's expected growth come at a high price?
Raw Data
TSXV:PAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.66x
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 251 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 Pangolin Diamonds, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pangolin Diamonds's assets?
Raw Data
TSXV:PAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.00
TSXV:PAN Share Price * TSXV (2019-03-14) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:PAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.00

-157.66x

* Primary Listing of Pangolin Diamonds.

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

  • Pangolin Diamonds 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 PAN’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 Pangolin Diamonds'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 Pangolin Diamonds'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. Pangolin Diamonds 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 Pangolin Diamonds 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 Pangolin Diamonds 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
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pangolin Diamonds expected to grow at an attractive rate?
  • Unable to compare Pangolin Diamonds's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pangolin Diamonds's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Pangolin Diamonds's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PAN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
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
TSXV:PAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:PAN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 0 0
2017-12-31 0 -1
2017-09-30 0 -1
2017-06-30 0 -1
2017-03-31 -1 -2
2016-12-31 -1 -2
2016-09-30 -1 -2
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 Pangolin Diamonds is high growth as no earnings estimate data is available.
  • Unable to determine if Pangolin Diamonds 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:PAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pangolin Diamonds Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PAN Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.00
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -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 Pangolin Diamonds will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PAN’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. Pangolin Diamonds'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. Pangolin Diamonds'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 Pangolin Diamonds'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.
Pangolin Diamonds 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 Pangolin Diamonds 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 Pangolin Diamonds'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.
  • Pangolin Diamonds does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Pangolin Diamonds's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pangolin Diamonds's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Pangolin Diamonds'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 Pangolin Diamonds Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PAN 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 -0.61 0.92
2018-09-30 -0.96 0.86
2018-06-30 -1.08 0.98
2018-03-31 -0.46 0.95
2017-12-31 -0.57 1.08
2017-09-30 -0.67 1.20
2017-06-30 -0.84 1.38
2017-03-31 -1.66 1.59
2016-12-31 -1.61 1.52
2016-09-30 -1.56 1.47
2016-06-30 -1.34 1.24
2016-03-31 -1.21 1.15
2015-12-31 -1.17 1.09
2015-09-30 -1.21 1.13
2015-06-30 -1.48 1.38
2015-03-31 -1.62 1.35
2014-12-31 -1.82 1.50
2014-09-30 -1.87 1.55
2014-06-30 -1.77 1.45
2014-03-31 -1.98 1.76
2013-12-31 -4.09 1.76
2013-09-30 -4.04 1.70
2013-06-30 -3.85 1.53
2013-03-31 -3.69 1.38
2012-12-31 -1.18 1.09
2012-09-30 -1.49 0.82
2012-06-30 -1.25 0.59

*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 Pangolin Diamonds 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 Pangolin Diamonds 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 Pangolin Diamonds 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 Pangolin Diamonds'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.
Pangolin Diamonds 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 Pangolin Diamonds'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 Pangolin Diamonds's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pangolin Diamonds's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Pangolin Diamonds has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pangolin Diamonds'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.
  • Pangolin Diamonds 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 Pangolin Diamonds Company Filings, last reported 2 months ago.

TSXV:PAN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -0.03 0.04 0.29
2018-09-30 -0.32 0.03 0.05
2018-06-30 -0.17 0.03 0.17
2018-03-31 -0.14 0.04 0.11
2017-12-31 0.11 0.02 0.29
2017-09-30 0.34 0.02 0.53
2017-06-30 0.57 0.02 0.62
2017-03-31 0.16 0.02 0.36
2016-12-31 0.42 0.02 0.52
2016-09-30 0.48 0.02 0.61
2016-06-30 0.15 0.02 0.42
2016-03-31 -0.24 0.06 0.18
2015-12-31 -0.08 0.05 0.24
2015-09-30 0.18 0.01 0.34
2015-06-30 -0.17 0.01 0.10
2015-03-31 0.09 0.01 0.30
2014-12-31 -0.01 0.01 0.14
2014-09-30 -0.10 0.01 0.11
2014-06-30 0.30 0.01 0.44
2014-03-31 0.12 0.01 0.20
2013-12-31 0.54 0.01 0.53
2013-09-30 0.86 0.01 0.88
2013-06-30 1.25 0.01 1.33
2013-03-31 0.06 0.00 0.52
2012-12-31 -0.12 0.01 0.14
2012-09-30 0.20 0.01 0.37
2012-06-30 0.45 0.02 0.57
  • Pangolin Diamonds has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Pangolin Diamonds'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.

  • Pangolin Diamonds has less than a year of cash runway based on current free cash flow.
  • Pangolin Diamonds has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27.9% each year.
X
Financial health checks
We assess Pangolin Diamonds'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. Pangolin Diamonds 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 Pangolin Diamonds'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 Pangolin Diamonds dividends.
If you bought CA$2,000 of Pangolin Diamonds 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 Pangolin Diamonds's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pangolin Diamonds'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:PAN 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 331 Stocks 3.6%
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 5.6%

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 Pangolin Diamonds has not reported any payouts.
  • Unable to verify if Pangolin Diamonds's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pangolin Diamonds's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pangolin Diamonds 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 Pangolin Diamonds'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 Pangolin Diamonds afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pangolin Diamonds 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 Pangolin Diamonds'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
Leon R. Daniels
COMPENSATION CA$79,177
AGE 61
TENURE AS CEO 3.7 years
CEO Bio

Dr. Leon R. M. Daniels, B.Sc., B.Sc. Hons. Geology, Ph.D. Geochemistry, has been the Chief Executive Officer and President of Pangolin Diamonds Corp. since July 9, 2015. Dr. Daniels serves as Managing Director of Pangolin Gold (Pty) Limited. Dr. Daniels served as an Executive Director of Tawana Resources N.L. from November 16, 1998 to September 30, 2006. He has more than 35 years’ experience in gold and diamond mining and exploration. He worked for Falconbridge Exploration, where he evaluated the 180 ha crater facies M1 kimberlite, for Trans Hex Group in Swaziland and was responsible for overseeing the evaluation of the Dokolwayo Diamond Mine, for Roan Selection Trust International in Angola, overseeing production of five alluvial mines and consulted on the evaluation of the River Ranch kimberlite in Zimbabwe. He oversaw the evaluation and development of the Dokolwayo Diamond Mines. Dr. Daniels has experience in working the active war zones of Angola, where he served as the Chief Geologist for Roan Selection Trust International and oversaw production of five alluvial mines including among other responsibilities, grade control and predictions, production and mining reconciliations, planning and supervision, river diversions and monitoring diamond population distribution. Dr. Daniels worked on the Koidu kimberlites located in Sierra Leone. He has been involved in diamond exploration and bulk sampling of kimberlites in Russia, evaluation of alluvial diamond deposits in South Africa and exploration and development of properties in the Congo, Finland, the Kingdom of Lesotho, Australia, Zambia, Guinea, Mali and Sao Tome. In addition, Dr. Daniels's experience includes marketing, valuating, processing, negotiating and liaising with surface rights owners and Black Economic Empowerment partners in South Africa. He discovered the Klipfontein kimberlite pipe in South Africa. Dr. Daniels also discovered the DK4 kimberlite (only kimberlite in the Orapa kimberlite field not discovered by De Beers), the Mambali kimberlite field in Zimbabwe for Trillion Resources Ltd. He co-founded African Diamonds Plc (AIM: AFD), subsequently acquired by Lucara Diamond Corp. (TSX: LUC), in 2010. Mr. Daniels served as the Chairman of Pangolin Diamonds Corp. from March 2013 to August 2016 and has been its Director since December 2012. He serves as a Director of Kimberlamp Exploration Zambia Limited exploring for diamonds in Zambia and President of Precambrico SA, exploring for gold in Uruguay. He served as a Director of African Diamonds plc. Dr. Daniels served as a Director of Olivut Resources Ltd. from January 23, 2008 to January 2012. He is a Member of the Australian Institute of Geoscientists and the Prospectors and Developers Association of Canada. He has authored and co-authored numerous research papers relating to diamonds and associated minerals and the exploration and development of kimberlites in various areas. Dr. Daniels has PhD from the University of Cape Town, South Africa in 1991 and has BS in Geology from University of Cape Town.

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

Average tenure and age of the Pangolin Diamonds management team in years:

3.7
Average Tenure
56
Average Age
  • The tenure for the Pangolin Diamonds management team is about average.
Management Team

Leon R. Daniels

TITLE
President
COMPENSATION
CA$79K
AGE
61
TENURE
3.7 yrs

Graham Warren

TITLE
Secretary & CFO
COMPENSATION
CA$60K
AGE
56
TENURE
6 yrs

Gareth Herbert Penny

TITLE
Advisor to the Board
AGE
56
TENURE
1 yrs

Tom McCandless

TITLE
Technical Advisor
Board of Directors Tenure

Average tenure and age of the Pangolin Diamonds board of directors in years:

6.7
Average Tenure
60.5
Average Age
  • The tenure for the Pangolin Diamonds board of directors is about average.
Board of Directors

Leon R. Daniels

TITLE
President
COMPENSATION
CA$79K
AGE
61
TENURE
6.3 yrs

Louis Peloquin

TITLE
Director
AGE
60
TENURE
7.2 yrs

Tom Fenton

TITLE
Director
AGE
57
TENURE
7.2 yrs

Patrick Harford

TITLE
Director
AGE
66
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Pangolin Diamonds 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$) Value (CA$)
17. Jan 19 Buy Graham Warren Individual 15. Jan 19 15. Jan 19 760,000 CA$0.05 CA$38,000
X
Management checks
We assess Pangolin Diamonds'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. Pangolin Diamonds 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

Does The Pangolin Diamonds Corp. (CVE:PAN) Share Price Tend To Follow The Market?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Who Really Owns Pangolin Diamonds Corp (CVE:PAN)?

The big shareholder groups in Pangolin Diamonds Corp (CVE:PAN) have power over the company. … Pangolin Diamonds is a smaller company with a market capitalization of CA$6m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Pangolin Diamonds

Simply Wall St -

What Are The Drivers Of Pangolin Diamonds Corp's (CVE:PAN) Risks?

The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

Simply Wall St -

Is Pangolin Diamonds Corp's (CVE:PAN) CEO Being Overpaid?

Leading Pangolin Diamonds Corp (CVE:PAN) as the CEO, Leon R. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

Simply Wall St -

Company Info

Description

Pangolin Diamonds Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Botswana. It holds 100% interest in eight diamond properties that include Tsabong North, Jwaneng South, Lorolwane, Mmadinare, Malatswae, Rehoboth, Machaneng South, and Motloutse River properties covering an area of approximately 10,705 square kilometers in Botswana. It also holds interest in Malatswae Diamond Property. The company is headquartered in Toronto, Canada.

Details
Name: Pangolin Diamonds Corp.
PAN
Exchange: TSXV
Founded:
CA$5,005,540
143,015,438
Website: http://pangolindiamonds.com
Address: Pangolin Diamonds Corp.
25 Adelaide Street East,
Suite 1614,
Toronto,
Ontario, M5C 3A1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PAN New Common Shares TSX Venture Exchange CA CAD 06. Mar 2013
OTCPK KGHZ.F New Common Shares Pink Sheets LLC US USD 06. Mar 2013
DB PM3 New Common Shares Deutsche Boerse AG DE EUR 06. Mar 2013
Number of employees
Current staff
Staff numbers
0
Pangolin Diamonds employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:30
End of day share price update: 2019/03/14 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.