TSXV:PPX

Stock Analysis Report

Executive Summary

PPX Mining Corp. engages in acquiring, exploring, and evaluating mineral properties in Peru.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has PPX Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-10.0%

PPX

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

-43.8%

PPX

5.2%

CA Metals and Mining

4.7%

CA Market

Return vs Industry: PPX underperformed the Canadian Metals and Mining industry which returned 5.2% over the past year.

Return vs Market: PPX underperformed the Canadian Market which returned 4.7% over the past year.


Shareholder returns

PPXIndustryMarket
7 Day-10.0%4.7%0.1%
30 Day-10.0%4.2%0.8%
90 Day-25.0%15.2%3.7%
1 Year-43.8%-43.8%5.8%5.2%7.9%4.7%
3 Year-50.0%-50.0%-2.4%-4.0%17.9%7.3%
5 Year-57.1%-57.1%25.6%22.0%33.8%14.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is PPX Mining undervalued compared to its fair value and its price relative to the market?

7.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PPX is overvalued based on its PB Ratio (7.6x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.6%

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 PPX Mining 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 PPX Mining performed over the past 5 years?

13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PPX is currently unprofitable.

Growing Profit Margin: PPX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PPX is unprofitable, but has reduced losses over the past 5 years at a rate of 13.4% per year.

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

Earnings vs Industry: PPX 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: PPX has a negative Return on Equity (-101.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is PPX Mining's financial position?


Financial Position Analysis

Short Term Liabilities: PPX's short term assets (CA$300.1K) do not cover its short term liabilities (CA$5.2M).

Long Term Liabilities: PPX's short term assets (CA$300.1K) do not cover its long term liabilities (CA$5.2M).


Debt to Equity History and Analysis

Debt Level: PPX's debt to equity ratio (261.4%) is considered high.

Reducing Debt: PPX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

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

Debt Coverage by Assets: PPX's debt is not covered by short term assets (assets are 0x debt).


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: PPX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PPX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.3% each year


Next Steps

Dividend

What is PPX Mining'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 PPX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

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

2.8yrs

Average board tenure


CEO

Brian Maher 0

6.9yrs

Tenure

CA$467,683

Compensation

Mr. Brian J. Maher, B.E (Min.), M.Sc, FAuslMM, FIMM, has been the Chief Executive Officer and President of PPX Mining Corp. (formerly Sienna Gold Inc) since March 1, 2013. Mr. Maher has been a Special Advi ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD353.94K) is above average for companies of similar size in the Canadian market ($USD154.65K).

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


Board Members

NamePositionTenureCompensationOwnership
Brian Maher
President6.9yrsCA$467.68k0.37% CA$82.5k
John Thomas
Independent Director2.6yrsno datano data
John Rucci
Chairman Emeritus7yrsCA$351.94kno data
Florian Siegfried
Independent Director2.6yrsno datano data
Brian Imrie
Independent Chairman of the Board2.6yrsno data1.14% CA$253.3k
John Menzies
Independent Director3.1yrsno datano data

2.8yrs

Average Tenure

69yo

Average Age

Experienced Board: PPX's board of directors are not considered experienced ( 2.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.4%.


Top Shareholders

Company Information

PPX Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PPX Mining Corp.
  • Ticker: PPX
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$22.252m
  • Shares outstanding: 494.50m
  • Website: https://www.ppxmining.com

Location

  • PPX Mining Corp.
  • 880–580 Hornby Street
  • Vancouver
  • British Columbia
  • V6C 3B6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PPXTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 1988
39SDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1988
PPXBVL (Bolsa de Valores de Lima)YesCommon SharesPEUSDOct 1988
SNNG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1988
PPXBVL (Bolsa de Valores de Lima)COM NPVPECADAug 2016

Biography

PPX Mining Corp. engages in acquiring, exploring, and evaluating mineral properties in Peru. The company explores for gold and silver deposits. Its flagship property is the Igor project with 4 concessions covering an area of approximately 1,300 hectares located in northern Peru. The company was formerly known as Peruvian Precious Metals Corp. and changed its name to PPX Mining Corp. in August 2016. PPX Mining Corp. was incorporated in 1987 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:19
End of Day Share Price2020/02/19 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.