TSXV:PGP

Stock Analysis Report

Power Group Projects

Executive Summary

Power Group Projects Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Power Group Projects's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PGP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.3%

PGP

4.7%

CA Metals and Mining

0.2%

CA Market


1 Year Return

-53.1%

PGP

4.8%

CA Metals and Mining

4.6%

CA Market

Return vs Industry: PGP underperformed the Canadian Metals and Mining industry which returned 4.8% over the past year.

Return vs Market: PGP underperformed the Canadian Market which returned 4.6% over the past year.


Shareholder returns

PGPIndustryMarket
7 Day-6.3%4.7%0.2%
30 Day7.1%5.2%0.5%
90 Dayn/a13.4%4.0%
1 Year-53.1%-53.1%5.5%4.8%7.9%4.6%
3 Year-94.6%-94.6%-2.8%-4.4%17.8%7.2%
5 Year-87.5%-87.5%25.5%21.8%33.7%14.2%

Price Volatility Vs. Market

How volatile is Power Group Projects's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Power Group Projects undervalued compared to its fair value and its price relative to the market?

2.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PGP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PGP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PGP is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: PGP 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 PGP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PGP is overvalued based on its PB Ratio (2.1x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Power Group Projects forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.1%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Power Group Projects performed over the past 5 years?

-50.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGP is currently unprofitable.

Growing Profit Margin: PGP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PGP is unprofitable, and losses have increased over the past 5 years at a rate of -50.1% per year.

Accelerating Growth: Unable to compare PGP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PGP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: PGP has a negative Return on Equity (-683.38%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Power Group Projects's financial position?


Financial Position Analysis

Short Term Liabilities: PGP's short term assets (CA$948.9K) exceed its short term liabilities (CA$406.6K).

Long Term Liabilities: PGP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PGP is debt free.

Reducing Debt: PGP has not had any debt for past 5 years.


Balance Sheet

Inventory Level: PGP has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PGP's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PGP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PGP has less than a year of cash runway if free cash flow continues to reduce at historical rates of -40.4% each year


Next Steps

Dividend

What is Power Group Projects's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate PGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PGP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PGP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PGP'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 PGP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average board tenure


CEO

John Dyer 0

0.9yrs

Tenure

0

Mr. John A. Dyer, CPA, CMA, serves as Chief Executive Officer and President at Power Group Projects Corp. since March 20, 2019 and served as its Chief Financial Officer until October 15, 2019. Mr. Dyer ser ...


Board Members

NamePositionTenureCompensationOwnership
John Dyer
CEO, President & Director0.9yrsno datano data
Randy Koroll
CFO & Director0.8yrsno datano data
Scott Koyich
Member of Advisory Board2.9yrsno datano data
Brian Stecyk
Independent Director0.9yrsno datano data

0.9yrs

Average Tenure

Experienced Board: PGP's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.


Top Shareholders

Company Information

Power Group Projects Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Power Group Projects Corp.
  • Ticker: PGP
  • Exchange: TSXV
  • Founded: 2009
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$1.190m
  • Shares outstanding: 15.86m
  • Website: https://www.cobaltpowergroup.com

Location

  • Power Group Projects Corp.
  • 393 University Avenue
  • Suite 1801
  • Toronto
  • Ontario
  • M5G 1E6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGPTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2010
9GCADB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2010
CBBW.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2010
CBBWFNYSE (New York Stock Exchange)YesCommon SharesUSUSDJul 2010

Biography

Power Group Projects Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It primarily explores for cobalt and silver properties. The company holds interests in Smith-Cobalt Project consisting of 20 patented claims and 10 staked mineral claims covering an area of approximately 1,169.7 hectares located in Cobalt, Ontario. It also holds interest in The Ontario cobalt project consists of 14 mineral claims covering 2,944 hector located in the Cobalt Camp, Ontario; and 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 02:03
End of Day Share Price2020/02/21 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


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.