Plato Gold Corp., a junior exploration company, engages in the exploration, evaluation, and development of gold and rare mineral properties in Canada. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Plato Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PGC's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: PGC matched the Canadian Metals and Mining industry which returned 49.1% over the past year.
Return vs Market: PGC exceeded the Canadian Market which returned -4% over the past year.
Price Volatility Vs. Market
How volatile is Plato Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StDoes The Plato Gold Corp. (CVE:PGC) Share Price Tend To Follow The Market?
9 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Plato Gold Corp. (CVE:PGC) Stock?
1 year ago | Simply Wall StHow Much Of Plato Gold Corp. (CVE:PGC) Do Insiders Own?
Is Plato Gold 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 PGC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PGC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PGC is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: PGC 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 PGC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PGC is overvalued based on its PB Ratio (4.6x) compared to the CA Metals and Mining industry average (2.9x).
How is Plato Gold 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 Plato Gold 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 PGC’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.
- Plato Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Plato Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGC is currently unprofitable.
Growing Profit Margin: PGC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PGC is unprofitable, but has reduced losses over the past 5 years at a rate of 53.8% per year.
Accelerating Growth: Unable to compare PGC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PGC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).
Return on Equity
High ROE: PGC has a negative Return on Equity (-16.96%), as it is currently unprofitable.
How is Plato Gold's financial position?
Financial Position Analysis
Short Term Liabilities: PGC's short term assets (CA$192.3K) do not cover its short term liabilities (CA$585.2K).
Long Term Liabilities: PGC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PGC is debt free.
Reducing Debt: PGC has no debt compared to 5 years ago when its debt to equity ratio was 317.9%.
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: PGC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.6% each year
What is Plato Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PGC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PGC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PGC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PGC'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 PGC'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
Anthony Cohen (62 yo)
Mr. Anthony J. Cohen has been Chief Executive Officer and President at Plato Gold Corporation since May 30, 2005 and serves as its Director. Mr. Cohen also served as Chairman of the Board at Plato Gold Cor ...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD9.61K) is below average for companies of similar size in the Canadian market ($USD171.35K).
Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.
|Director Emeritus||0.75yr||CA$30.98k||no data|
|Independent Director||2.33yrs||CA$5.08k||2.27% |
|Independent Chairman of the Board||0.75yr||CA$5.08k||0.13% |
|Independent Director||9.42yrs||CA$5.08k||no data|
|Director||0.33yr||no data||no data|
Experienced Board: PGC's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Plato Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Plato Gold Corp.
- Ticker: PGC
- Exchange: TSXV
- Industry: Gold
- Sector: Materials
- Market Cap: CA$6.235m
- Shares outstanding: 207.82m
- Website: https://www.platogold.com
- Plato Gold Corp.
- 1240 Bay Street
- Suite 800
- M5R 2A7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PGC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2003|
|PTOZ.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2003|
|4Y7||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 2003|
Plato Gold Corp., a junior exploration company, engages in the exploration, evaluation, and development of gold and rare mineral properties in Canada. Its principal property is the Good Hope Niobium projec ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 00:47|
|End of Day Share Price||2020/10/23 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.