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Power Group Projects

TSXV:PGP
Snowflake Description

Adequate balance sheet and overvalued.

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

Power Group Projects Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 92 days ago. More info.


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  • Power Group Projects has significant price volatility in the past 3 months.
PGP Share Price and Events
7 Day Returns
8.3%
TSXV:PGP
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-92.8%
TSXV:PGP
-5.4%
CA Metals and Mining
0.9%
CA Market
PGP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Power Group Projects (PGP) 8.3% -18.8% 30% -92.8% -71.1% -89.2%
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • PGP underperformed the Metals and Mining industry which returned -5.4% over the past year.
  • PGP underperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
PGP
Industry
5yr Volatility vs Market

PGP Value

 Is Power Group Projects 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Power Group Projects. This is due to cash flow or dividend data being unavailable. The share price is CA$0.13.
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 Power Group Projects's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Power Group Projects's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PGP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.29
TSXV:PGP Share Price ** TSXV (2019-03-22) in CAD CA$0.13
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

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

** Primary Listing of Power Group Projects.

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

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

= 0.13 ÷ -0.29

-0.45x

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

  • Power Group Projects is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Power Group Projects is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Power Group Projects's expected growth come at a high price?
Raw Data
TSXV:PGP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.45x
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 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*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 Power Group Projects, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Power Group Projects's assets?
Raw Data
TSXV:PGP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.95
TSXV:PGP Share Price * TSXV (2019-03-22) in CAD CA$0.13
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:PGP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.13 ÷ 0.95

0.14x

* Primary Listing of Power Group Projects.

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

  • Power Group Projects is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Power Group Projects'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. Power Group Projects has a total score of 1/6, 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.

PGP Future Performance

 How is Power Group Projects 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 Power Group Projects 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
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Power Group Projects expected to grow at an attractive rate?
  • Unable to compare Power Group Projects's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Power Group Projects's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Power Group Projects's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PGP Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
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 7%

*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:PGP 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:PGP Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -2 -4
2018-07-31 -2 -4
2018-04-30 -2 -4
2018-01-31 -2 -2
2017-10-31 -1 -2
2017-07-31 -1 -2
2017-04-30 -1 -2
2017-01-31 -1 -1
2016-10-31 0 -1
2016-07-31 0 -1
2016-04-30 0 -1
2016-01-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Power Group Projects is high growth as no earnings estimate data is available.
  • Unable to determine if Power Group Projects 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:PGP 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 Power Group Projects Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PGP Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.29
2018-07-31 -0.36
2018-04-30 -0.43
2018-01-31 -0.30
2017-10-31 -0.34
2017-07-31 -0.44
2017-04-30 -0.57
2017-01-31 -0.44
2016-10-31 -0.73
2016-07-31 -0.69
2016-04-30 -0.70
2016-01-31 -0.81

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

Next steps:

  1. Examine Power Group Projects's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Power Group Projects'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. Power Group Projects'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 Power Group Projects'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.
Power Group Projects 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.

PGP Past Performance

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

TSXV:PGP Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -3.75 3.79
2018-07-31 -3.86 3.65
2018-04-30 -3.55 3.69
2018-01-31 -1.91 1.98
2017-10-31 -1.63 1.43
2017-07-31 -1.73 1.53
2017-04-30 -1.67 1.34
2017-01-31 -0.96 0.67
2016-10-31 -1.29 0.65
2016-07-31 -1.08 0.45
2016-04-30 -1.08 0.43
2016-01-31 -1.07 0.41
2015-10-31 -0.36 0.33
2015-07-31 -0.25 0.22
2015-04-30 -0.37 0.17
2015-01-31 -0.09 -0.09
2014-10-31 -0.29 -0.09
2014-07-31 -0.37 -0.01
2014-04-30 -0.23 0.02
2014-01-31 -0.47 0.26
2013-10-31 -1.16 0.25
2013-07-31 -1.11 0.19
2013-04-30 -1.11 0.21
2013-01-31 -1.14 0.22
2012-10-31 -0.27 0.22
2012-07-31 -0.28 0.21
2012-04-30 -0.22 0.15

*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 Power Group Projects has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Power Group Projects 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 Power Group Projects improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Power Group Projects'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.
Power Group Projects 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.

PGP Health

 How is Power Group Projects'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 Power Group Projects's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Power Group Projects is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Power Group Projects has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Power Group Projects'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.
  • Power Group Projects has no debt, it does not need to be 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 Power Group Projects Company Filings, last reported 4 months ago.

TSXV:PGP Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 15.00 0.00 1.56
2018-07-31 15.15 0.00 2.23
2018-04-30 12.26 0.00 3.51
2018-01-31 11.25 0.00 2.65
2017-10-31 2.65 0.00 1.32
2017-07-31 1.36 0.00 0.65
2017-04-30 1.43 0.00 1.21
2017-01-31 0.54 0.00 0.19
2016-10-31 0.97 0.00 0.48
2016-07-31 0.38 0.00 0.11
2016-04-30 0.35 0.00 0.07
2016-01-31 0.44 0.00 0.14
2015-10-31 1.18 0.00 0.28
2015-07-31 1.28 0.00 0.39
2015-04-30 1.34 0.00 0.16
2015-01-31 1.08 0.00 0.27
2014-10-31 1.13 0.00 0.26
2014-07-31 1.18 0.00 0.30
2014-04-30 1.37 0.00 0.32
2014-01-31 1.18 0.00 0.09
2013-10-31 1.40 0.00 0.29
2013-07-31 1.47 0.00 0.39
2013-04-30 1.40 0.00 0.35
2013-01-31 1.45 0.00 0.41
2012-10-31 2.39 0.00 0.82
2012-07-31 2.44 0.00 1.25
2012-04-30 1.98 0.00 1.46
  • Power Group Projects has no debt.
  • Power Group Projects has not taken on any debt in the past 5 years.
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.

  • Power Group Projects has less than a year of cash runway based on current free cash flow.
  • Power Group Projects has less than a year of cash runway if free cash flow continues to grow at historical rates of 78.9% each year.
X
Financial health checks
We assess Power Group Projects'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. Power Group Projects has a total score of 4/6, 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.

PGP Dividends

 What is Power Group Projects'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 Power Group Projects dividends.
If you bought CA$2,000 of Power Group Projects 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 Power Group Projects's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Power Group Projects'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:PGP 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 330 Stocks 3.5%
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 Power Group Projects has not reported any payouts.
  • Unable to verify if Power Group Projects's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Power Group Projects's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Power Group Projects 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 Power Group Projects'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 Power Group Projects afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Power Group Projects 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.

PGP Management

 What is the CEO of Power Group Projects'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
Robert Murray
AGE 68
CEO Bio

Mr. Robert Brian Murray, M.B.A., C.A. serves as Director of Alexandria Minerals Corporation since July 24, 2018. Mr. Murray has been the President of Murcon Ltd. since October 1990. Mr. Murray serves as the Chief Executive Officer and President of White Pine Resources Inc. He serves as Chief Financial Officer of Allied Northern Capital Corporation. He serves as the Chief Executive Officer of Rainbow Resources Inc. He has been Financial Advisor of Antioquia Gold, Inc. since July 18, 2012. Mr. Murray served as the Chief Executive Officer and President of Cava Resources Inc. (formerly, Sea Green Capital Corp.) since May 2013 until June 2018. Mr. Murray served as the Chief Executive Officer of Braveheart Resources Inc. from December 2010 to October 2015. He served as Chief Executive Officer and President of Cava Resources Inc. from December 2003 to November 18, 2010. He has over 25 years of experience in both the resource industry, public accounting and investment markets. He has an extensive background with junior mining and industrial companies. Mr. Murray has a broad range of financial and management expertise, as well as an extensive range of public company experience. He served as the Chief Executive Officer and President of Nebu Resources Inc. since April 13, 2007 until April 7, 2015. He served as the Chief Financial Officer of Cava Resources Inc. from October 2010 to May 2013. He served as the President at Braveheart Resources Inc. until January 20, 2012. He served as the Chief Executive Officer and President at Cava Resources Inc. from December 2003 to November 18, 2010. Mr. Murray served as the Chief Financial Officer of Shoal Point Energy Ltd. since October 29, 2010 until June 28, 2013. He served as the President of Rainbow Resources Inc. until January 20, 2012. He served as the President and Chief Executive Officer of Sea Green Capital Corp. from December 2003 to November 18, 2010. He has been a Director of Power Group Projects Corp. (also known as Cobalt Power Group Inc.) since February 2018 and is its President and Chief Executive Officer. He served as Secretary and President of Antioquia Gold, Inc. He served as the Chief Financial Officer of Hawkstone Energy Corp. (also known as Range Energy Resources Inc.) from February 7, 2007 to December 7, 2007. Mr. Murray served as Secretary of Portage Minerals Inc. since June 20, 2006. He served as President and Secretary of High American Gold, Inc. since June 2007. He served as the Chairman and Chief Executive Officer of Taltal Gold Corp.(“Taltal“), a predecessor of Sea Green from July 7, 1997 to April 28, 2000. He served as Chairman of the Board of Braveheart Resources Inc. He served as the Chairman of the Board of Canada Lithium Corp. until December 1, 1998. He served as the Chairman of RB Energy, Inc. until December 01, 1998. He has been a Director at Rainbow Resources Inc. since October 13, 2009; Gorilla Minerals Corp. since April 27, 2012; Explorers Alliance Corp. since 1993; and Cava Resources Inc since July 7, 1997. He serves as a Director at Allied Northern Capital Corporation and SBD Capital Corp. He has been a Director of Braveheart Resources Inc. since October 13, 2010. He serves as a Director for a number of public companies trading on TSX Venture Exchange. He has been a Director at White Pine Resources Inc. since December 19, 2016. He serves as a Director of Pure Diamonds Exploration Inc. and Range Metals Inc. He served as a Director of Shoal Point Energy Ltd. from October 29, 2010 to June 28, 2013, Process Capital Corp. from September 1996 to June 2017 and CellCube Energy Storage Systems Inc. (formerly, Stina Resources Ltd.) since August 17, 2017 until October 2018. He served as a Director of High American Gold Inc. since 1997. He served as a Director of Minera Alamos Inc. from May 2008 to July 2009. He served as a Member of Advisory Board of Trillium North Minerals Ltd. since March 3, 2011. Mr. Murray served as Director of Nebu Resources Inc. since May 17, 2006 until April 7, 2015. He served as a Director of Antioquia Gold, Inc. since June 21, 2007 until July 18, 2012. He served as a Director of Trillium North Minerals Ltd. from August 17, 2009 to March 03, 2011. He served as a Director of High American Gold, Inc. since June 21, 2007 and previously since 1997. He served as a Director of Range Gold Corp. from November 15, 2006 to May 20, 2010. He served as a Director of Hawkstone Energy Corp., from February 2, 2007 to July 2011. He served as a Director of Portage Minerals Inc. from June 20, 2006 to October 2008, Taltal Gold Corp. from July 7, 1997 to April 28, 2000, Plasma Environmental Technologies Inc. from 1997 to 2004 and Alarm force Industries Inc. from 1990 to 2003. He served as a Director of Canada Lithium Corp. He served as a Director of Desert Gold Ventures Inc. since Mary 22, 2004 and previously since 1993. He served as a Director of Virgin Metals Inc. from May 2008 to July 2009. He served as a Director of Burnstone Ventures Inc. from November 12, 2003 to May 19, 2009 and previously since 2001. He has been a Chartered Accountant of The Canadian Institute of Chartered Accountants in the Province of Ontario since 1973. He serves as Director since April 27, 2012 and Chief Financial Officer since 2018 at Go Cobalt Mining Corp. Mr. Murray received a Bachelor of Science Degree from the University of Toronto in 1970 and a Masters in Business Administration from York University in 1975.

CEO Compensation
  • Insufficient data for Robert to compare compensation growth.
  • Insufficient data for Robert to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Robert Murray

TITLE
President
AGE
68

Chris Hopkins

TITLE
CFO & Director
AGE
54
TENURE
1.1 yrs

Glenda Kelly

TITLE
VP of Corporate Communication
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Power Group Projects board of directors in years:

1.1
Average Tenure
54
Average Age
  • The average tenure for the Power Group Projects board of directors is less than 3 years, this suggests a new board.
Board of Directors

Robert Murray

TITLE
President
AGE
68
TENURE
1.1 yrs

Chris Hopkins

TITLE
CFO & Director
AGE
54
TENURE
1.1 yrs

Glenda Kelly

TITLE
VP of Corporate Communication
TENURE
1 yrs

Scott Koyich

TITLE
Member of Advisory Board
TENURE
2 yrs

Isac Burstein

TITLE
Director
AGE
51
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
10. Nov 18 Sell Robert Murray Individual 06. Nov 18 06. Nov 18 -10,000 CA$0.35 CA$-3,500
08. Sep 18 Sell Robert Murray Individual 05. Sep 18 05. Sep 18 -13,000 CA$0.55 CA$-7,150
X
Management checks
We assess Power Group Projects'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. Power Group Projects 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.

PGP News

Simply Wall St News

PGP Company Info

Description

Power Group Projects Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for cobalt and silver properties. The company holds interests in Smith-Cobalt Project consisting of 14 patented claims and 10 staked mineral claims covering an area of approximately 863.6 hectares located in Cobalt, Ontario. It also holds interest in the Blueberry Lake property that consists of 46 claim units covering and area of approximately 800 hectares located in the Cassels Township of Ontario. The company was formerly known as Cobalt Power Group Inc. and changed its name to Power Group Projects Corp. in February 2019. Power Group Projects Corp. was incorporated in 2009 and is headquartered in Toronto, Canada.

Details
Name: Power Group Projects Corp.
PGP
Exchange: TSXV
Founded: 2009
CA$2,061,872
15,860,558
Website: http://www.cobaltpowergroup.com
Address: Power Group Projects Corp.
65 Queen Street West,
Suite 520,
Toronto,
Ontario, M5H 2M5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PGP Common Shares TSX Venture Exchange CA CAD 08. Jul 2010
NYSE CBBWF Common Shares New York Stock Exchange US USD 08. Jul 2010
OTCPK CBBW.F Common Shares Pink Sheets LLC US USD 08. Jul 2010
DB 9GCA Common Shares Deutsche Boerse AG DE EUR 08. Jul 2010
Number of employees
Current staff
Staff numbers
0
Power Group Projects employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:12
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2018/12/21
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/01/31


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.