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PPX Mining

TSXV:PPX
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PPX
TSXV
CA$37M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

PPX Mining Corp. engages in acquiring, exploring, and evaluating mineral properties in Peru. The last earnings update was 26 days ago. More info.


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  • PPX Mining has significant price volatility in the past 3 months.
PPX Share Price and Events
7 Day Returns
0%
TSXV:PPX
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-6.3%
TSXV:PPX
-3.9%
CA Metals and Mining
2.6%
CA Market
PPX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PPX Mining (PPX) 0% -6.3% -21.1% -6.3% 50% 0%
CA Metals and Mining 1.7% 0.4% 13.7% -3.9% 15% -18.9%
CA Market -0% 0.5% 15.3% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • PPX underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • PPX underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
PPX
Industry
5yr Volatility vs Market

Value

 Is PPX Mining 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 PPX Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.075.
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 PPX Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PPX Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PPX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:PPX Share Price ** TSXV (2019-03-22) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.94x

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

** Primary Listing of PPX Mining.

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

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

= 0.08 ÷ -0.01

-10.06x

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

  • PPX Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • PPX Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does PPX Mining's expected growth come at a high price?
Raw Data
TSXV:PPX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.06x
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 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 PPX Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PPX Mining's assets?
Raw Data
TSXV:PPX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.01
TSXV:PPX Share Price * TSXV (2019-03-22) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:PPX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 0.01

9.95x

* Primary Listing of PPX Mining.

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

  • PPX Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
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Value checks
We assess PPX Mining'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. PPX Mining has a total score of 0/6, 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.

Future Performance

 How is PPX Mining 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 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 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
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PPX Mining expected to grow at an attractive rate?
  • Unable to compare PPX Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare PPX Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare PPX Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PPX Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:PPX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:PPX Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -3
2018-09-30 -3 -4
2018-06-30 -3 -8
2018-03-31 -3 -8
2017-12-31 -3 -8
2017-09-30 -3 -10
2017-06-30 -4 -5
2017-03-31 -4 -4
2016-12-31 -3 -4
2016-09-30 -2 -2
2016-06-30 -1 -3
2016-03-31 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if PPX Mining is high growth as no earnings estimate data is available.
  • Unable to determine if PPX Mining 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:PPX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from PPX Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PPX Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.03
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*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 PPX Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. PPX Mining'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. PPX Mining'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
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Future performance checks
We assess PPX Mining'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.
PPX Mining 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.

Past Performance

  How has PPX Mining 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 PPX Mining'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.
  • PPX Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare PPX Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare PPX Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
PPX Mining'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 PPX Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PPX Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -3.41 2.30
2018-09-30 -3.71 2.57
2018-06-30 -8.44 2.83
2018-03-31 -8.39 2.96
2017-12-31 -8.44 3.21
2017-09-30 -9.54 4.00
2017-06-30 -4.74 3.81
2017-03-31 -4.50 3.44
2016-12-31 -3.79 2.91
2016-09-30 -1.78 2.18
2016-06-30 -3.11 1.99
2016-03-31 -2.76 2.13
2015-12-31 -2.81 2.16
2015-09-30 -2.42 2.28
2015-06-30 -3.35 2.43
2015-03-31 -4.04 2.47
2014-12-31 -4.34 2.58
2014-09-30 -5.34 2.35
2014-06-30 -25.17 3.18
2014-03-31 -25.13 3.41
2013-12-31 -25.55 3.94
2013-09-30 -25.23 3.82
2013-06-30 -2.37 2.38
2013-03-31 -0.47 2.91
2012-12-31 -2.45 2.51
2012-09-30 -2.09 2.54
2012-06-30 -2.04 3.08
2012-03-31 3.32 2.15

*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 PPX Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if PPX Mining 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 PPX Mining 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 PPX Mining'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.
PPX Mining 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.

Health

 How is PPX Mining'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 PPX Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PPX Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • PPX Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of PPX Mining'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.
  • Debt is not covered by short term assets, assets are 0.1x debt.
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 PPX Mining Company Filings, last reported 2 months ago.

TSXV:PPX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.54 7.62 0.30
2018-09-30 3.29 7.30 0.46
2018-06-30 2.98 6.33 0.80
2018-03-31 3.27 6.20 2.07
2017-12-31 4.01 6.03 4.21
2017-09-30 5.10 3.12 3.54
2017-06-30 11.49 4.12 5.84
2017-03-31 12.38 4.24 7.22
2016-12-31 13.26 4.50 8.42
2016-09-30 5.86 1.48 0.51
2016-06-30 3.32 1.98 0.01
2016-03-31 3.51 1.99 0.08
2015-12-31 4.35 1.80 0.02
2015-09-30 3.56 2.28 0.22
2015-06-30 -1.68 1.08 0.52
2015-03-31 -3.36 1.18 0.12
2014-12-31 -2.86 0.61 0.21
2014-09-30 -4.88 0.50 0.06
2014-06-30 -4.01 0.97 0.10
2014-03-31 -3.37 0.65 0.00
2013-12-31 -2.75 0.46 0.07
2013-09-30 -2.01 0.22 0.19
2013-06-30 20.63 0.00 0.57
2013-03-31 19.79 0.51 0.64
2012-12-31 19.47 0.00 0.15
2012-09-30 18.13 0.00 0.03
2012-06-30 18.59 0.00 1.51
2012-03-31 14.71 0.00 2.35
  • PPX Mining's level of debt (215.2%) compared to net worth is high (greater than 40%).
  • PPX Mining had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • PPX Mining has less than a year of cash runway based on current free cash flow.
  • PPX Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.5% each year.
X
Financial health checks
We assess PPX Mining'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. PPX Mining has a total score of 1/6, 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.

Dividends

 What is PPX Mining'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 PPX Mining dividends.
If you bought CA$2,000 of PPX Mining 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 PPX Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate PPX Mining'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:PPX 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 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

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 PPX Mining has not reported any payouts.
  • Unable to verify if PPX Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of PPX Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as PPX Mining 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 PPX Mining'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 PPX Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PPX Mining 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.

Management

 What is the CEO of PPX Mining'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
Brian Maher
COMPENSATION CA$743,671
TENURE AS CEO 6 years
CEO Bio

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 Advisor of Midlands Minerals Corporation since November 2011. He served as the President for Prodigy Gold Inc. (formerly, Kodiak Exploration Ltd.) since July 3, 2009 and as its Chief Executive Officer since August 27, 2010. He served as the Chief Operating Officer at Prodigy Gold Inc. since July 3, 2009. He served as Vice President of Exploration at Prodigy Gold Inc. since April 10, 2007. Mr. Maher served as an Exploration Manager for the US, Canada and Mexico at Hochschild. At Hochschild, his responsibilities included supervision of exploration and mine development programs, economic analysis of acquisition candidates and developing new corporate strategies. From 1979 to 1982, he served at various positions for Homestake Mining Company, where he focused on integrating new technologies with existing exploration programs and operations. In 2005, he joined Hochschild Mining PLC. At Hochschild, he was involved in all aspects of North American exploration program. From 1998 to 2002, he operated a successful geologic consulting business, emphasizing geologic modeling, resource estimation and business planning, to multiple junior, mid-size and large mining organizations. From 2002 and 2004, Mr. Maher served as Project Manager of Metallic Ventures Gold Inc., an underground gold mine in Nevada and supervised underground and surface exploration. He has over 40 years in the mining industry, covering both underground and open cut operations, as a Miner, Supervisor, Mining Engineer, Mine Manager Consultant, Contractor and Managing Director. He worked throughout the world, including Australia, Liberia, Guyana and the Philippines. Mr. Maher worked in senior management positions with leading mining and engineering companies throughout the world including Hamersley Iron, Broken Hill South, GriffinCoal, Thyssen Mining Construction, Lameo Iron Ore, Kinhill Engineers, Linden Mining, Minproc Engineers and Nissho Iwai Mineral Sands. In 1982, he started a 16-year career with ASARCO Inc., where he initiated, designed and supervised exploration programs for gold and copper deposits in a variety of geologic environments throughout North and South America, resulting in the discovery of significant gold and base metal resources. Mr. Maher is an Economic Geologist with over 40 years of experience in the international mining and exploration industry, during which time he has been part of several successful discoveries. He served as the Chairman of Goldstream Minerals Inc. from January 31, 2013 to December 2015. He has been a Director of PPX Mining Corp. (formerly Sienna Gold Inc) since March 1, 2013. He served as an Independent Director at Goldstream Minerals Inc. from September 4, 2012 to December 2015. He served as a Non-Executive Director of Cape Lambert Resources Limited (Formerly Cape Lambert Iron Ore Ltd.) since December 20, 2005 until December 31, 2013. Mr. Maher is a Member of the Society of Economic Geologists and the author of numerous publications on economic geology. He has a Bachelor of Mining Engineering from the University of Melbourne. He is a Fellow of both The Australian Institute of Mining and Metallurgy and The Institution of Mining and Metallurgy. Mr. Maher holds a B.A. in Geology from California State University in 1980 and an M.Sc. in Economic Geology from Colorado State University in 1983, where he held a Colorado State Fellowship. eruvian Preciou

CEO Compensation
  • Brian's compensation has increased whilst company is loss making.
  • Brian's remuneration is higher than average for companies of similar size in Canada.
Management Team

Brian Maher

TITLE
President
COMPENSATION
CA$744K
TENURE
6 yrs

Kimberly Arntson

TITLE
Consultant
COMPENSATION
CA$778K

Meri Verli

TITLE
CFO & Corporate Secretary
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the PPX Mining board of directors in years:

2.2
Average Tenure
68
Average Age
  • The average tenure for the PPX Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Brian Imrie

TITLE
Chairman of the Board
COMPENSATION
CA$89K
TENURE
1.7 yrs

Brian Maher

TITLE
President
COMPENSATION
CA$744K
TENURE
6 yrs

John Rucci

TITLE
Chairman Emeritus
COMPENSATION
CA$352K
AGE
68
TENURE
6.1 yrs

Felix Navarro-Grau Hurtado

TITLE
Director
COMPENSATION
CA$89K
TENURE
3.7 yrs

John Menzies

TITLE
Director
COMPENSATION
CA$30K
TENURE
2.2 yrs

John Thomas

TITLE
Director
COMPENSATION
CA$30K
AGE
71
TENURE
1.7 yrs

Florian Siegfried

TITLE
Director
COMPENSATION
CA$30K
AGE
46
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by PPX Mining insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Mar 19 Buy Brian Maher Individual 27. Feb 19 27. Feb 19 10,000 CA$0.08 CA$750
20. Feb 19 Buy Felix Navarro-Grau Hurtado Individual 04. Aug 16 14. Dec 18 4,812,000 CA$0.08 CA$294,344
11. Dec 18 Buy Brian Imrie Individual 05. Dec 18 05. Dec 18 50,000 CA$0.10 CA$4,750
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Management checks
We assess PPX Mining'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. PPX Mining 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.

News

Simply Wall St News

Have Insiders Been Buying PPX Mining Corp. (CVE:PPX) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So shareholders might well want to know whether insiders have been buying or selling shares in PPX Mining Corp. … In the last twelve months, the biggest single purchase by an insider was when Director Felix Navarro-Grau Hurtado bought CA$294k worth of shares at a price of CA$0.075 per share.

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Who Are The Top Investors In PPX Mining Corp (CVE:PPX)?

In this article, I'm going to take a look at PPX Mining Corp’s (CVE:PPX) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … Therefore, it is beneficial for us to examine PPX's ownership structure in more detail.

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What does PPX Mining Corp's (CVE:PPX) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as PPX Mining Corp (CVE:PPX) with its market cap of CA$42.79m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Who Owns PPX Mining Corp (CVE:PPX)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: PPX's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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How Much Did PPX Mining Corp's (CVE:PPX) CEO Pocket Last Year?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … I believe earnings is a cleaner proxy, since many factors can impact share price, and therefore, TSR. … Usually I would look at market cap and earnings as a proxy for performance, however, PPX's negative earnings reduces the usefulness of my formula.

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What Investors Should Know About PPX Mining Corp's (CVE:PPX) Financial Strength

With current liabilities at CA$832.69K, the company has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 4.86x. … This is not uncommon for a small-cap company given that debt tends to be lower-cost and at times, more accessible. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: At its current level of cash flow coverage, PPX has room for improvement to better cushion for events which may require debt repayment.

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TSXV Basic Materials Industry: A Deep Dive Into PPX Mining Corp (TSXV:PPX)

TSXV:PPX PE PEG Gauge Nov 18th 17 The metals and mining industry is trading at a PE ratio of 11x, lower than the rest of the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of PPX, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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One Thing To Consider Before Buying PPX Mining Corp (TSXV:PPX)

See our latest analysis for PPX An interpretation of PPX's beta PPX Mining has a beta of 1.54, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … However, this is the opposite to what PPX’s actual beta value suggests, which is higher stock volatility relative to the market.

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Company Info

Description

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.

Details
Name: PPX Mining Corp.
PPX
Exchange: TSXV
Founded: 1987
CA$36,693,146
489,241,949
Website: http://www.ppxmining.com
Address: PPX Mining Corp.
880–580 Hornby Street,
Vancouver,
British Columbia, V6C 3B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PPX Common Shares TSX Venture Exchange CA CAD 31. Oct 1988
OTCPK SNNG.F Common Shares Pink Sheets LLC US USD 31. Oct 1988
DB 39S Common Shares Deutsche Boerse AG DE EUR 31. Oct 1988
BVL PPX Common Shares Bolsa de Valores de Lima PE USD 31. Oct 1988
BVL PPX COM NPV Bolsa de Valores de Lima PE CAD 05. Aug 2016
Number of employees
Current staff
Staff numbers
0
PPX Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:56
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


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.