TSXV:PGX

Stock Analysis Report

Executive Summary

Prosper Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Prosper Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PGX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-10.0%

PGX

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

-55.0%

PGX

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: PGX underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.

Return vs Market: PGX underperformed the Canadian Market which returned 4.5% over the past year.


Shareholder returns

PGXIndustryMarket
7 Day-10.0%3.5%-1.5%
30 Day-10.0%5.0%-0.7%
90 Day-10.0%14.3%1.8%
1 Year-55.0%-55.0%7.5%6.8%5.7%2.5%
3 Year-75.0%-75.0%2.8%1.0%16.8%6.2%
5 Year-59.1%-59.1%29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

How volatile is Prosper Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Prosper Gold undervalued compared to its fair value and its price relative to the market?

8.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PGX is overvalued based on its PB Ratio (8.9x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Prosper Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

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 Prosper 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.


Next Steps

Past Performance

How has Prosper Gold performed over the past 5 years?

16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGX is currently unprofitable.

Growing Profit Margin: PGX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PGX is unprofitable, but has reduced losses over the past 5 years at a rate of 16% per year.

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

Earnings vs Industry: PGX 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: PGX has a negative Return on Equity (-367.07%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Prosper Gold's financial position?


Financial Position Analysis

Short Term Liabilities: PGX's short term assets (CA$26.3K) do not cover its short term liabilities (CA$645.1K).

Long Term Liabilities: PGX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PGX is debt free.

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


Balance Sheet

Inventory Level: PGX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PGX'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: PGX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PGX has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.6% each year.


Next Steps

Dividend

What is Prosper Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate PGX'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 PGX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PGX'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 PGX'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?

4.9yrs

Average management tenure


CEO

Peter Bernier (56yo)

7.8yrs

Tenure

CA$150,000

Compensation

Mr. Peter R. Bernier has been the Chief Executive Officer and President of Prosper Gold Corp. (formerly Lander Energy Corporation) since April 4, 2012. Mr. Bernier served as the Chairman of the Board, Chie ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD113.52K) is about average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Bernier
Chairman7.8yrsCA$150.00k9.74% CA$352.3k
Sharon Lee
Chief Financial Officer5.8yrsCA$43.36kno data
Dirk Tempelman-Kluit
VP of Exploration & Director7.8yrsCA$150.00k4.58% CA$165.9k
James Hedalen
Chief Operating Officer4.1yrsno data0.041% CA$1.5k
Sara McManus
Corporate Secretary2.5yrsno datano data

4.9yrs

Average Tenure

Experienced Management: PGX's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Bernier
Chairman7.8yrsCA$150.00k9.74% CA$352.3k
Dirk Tempelman-Kluit
VP of Exploration & Director7.8yrsCA$150.00k4.58% CA$165.9k
James Miller-Tait
Independent Director7.8yrsCA$14.10k0.41% CA$14.8k
Dexter D. John
Independent Director2.6yrsCA$14.10k0.25% CA$9.0k
Jason Hynes
Independent Director7.8yrsCA$14.10k1.78% CA$64.5k

7.8yrs

Average Tenure

54yo

Average Age

Experienced Board: PGX's board of directors are considered experienced (7.8 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.3%.


Top Shareholders

Company Information

Prosper Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prosper Gold Corp.
  • Ticker: PGX
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$3.618m
  • Shares outstanding: 80.41m
  • Website: https://www.prospergoldcorp.com

Location

  • Prosper Gold Corp.
  • 1177 West Hastings Street
  • Suite 2300
  • Vancouver
  • British Columbia
  • V6E 2K3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGXTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2008
PRGC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2008
2QPDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2008

Biography

Prosper Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper and gold resources. The company holds 51% interest in the Star property located in British Columbia. It holds an option to acquire up to 100% interests in the Ashley gold project, the Currie, Galahad, and the Egan property located in Ontario; and 90% interest in Matachewan and Wydee project in central Ontario. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 00:48
End of Day Share Price2020/02/24 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.