Executive Summary
PPX Mining Corp. engages in acquiring, exploring, and evaluating mineral properties in Peru.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
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
| PPX | Industry | Market | |
|---|---|---|---|
| 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
3 months ago | Simply Wall St
PPX Mining Corp. (CVE:PPX) Insiders Increased Their Holdings6 months ago | Simply Wall St
Do Institutions Own PPX Mining Corp. (CVE:PPX) Shares?7 months ago | Simply Wall St
PPX Mining Corp. (CVE:PPX): What Does Its Beta Value Mean For Your Portfolio?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
- Take a look at our analysis of PPX’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.
- PPX Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
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
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | CA$467.68k | 0.37% CA$82.5k | |
| Independent Director | 2.6yrs | no data | no data | |
| Chairman Emeritus | 7yrs | CA$351.94k | no data | |
| Independent Director | 2.6yrs | no data | no data | |
| Independent Chairman of the Board | 2.6yrs | no data | 1.14% CA$253.3k | |
| Independent Director | 3.1yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PPX | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Oct 1988 |
| 39S | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 1988 |
| PPX | BVL (Bolsa de Valores de Lima) | Yes | Common Shares | PE | USD | Oct 1988 |
| SNNG.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Oct 1988 |
| PPX | BVL (Bolsa de Valores de Lima) | COM NPV | PE | CAD | Aug 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/23 01:19 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/09/30 |
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.