company background image
PRB

Probe Metals TSXV:PRB Stock Report

Last Price

CA$1.61

Market Cap

CA$243.8m

7D

-0.6%

1Y

-5.3%

Updated

26 Jun, 2022

Data

Company Financials +
PRB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PRB Stock Overview

Probe Metals Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada.

Probe Metals Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Probe Metals
Historical stock prices
Current Share PriceCA$1.61
52 Week HighCA$2.33
52 Week LowCA$1.56
Beta1.44
1 Month Change-10.56%
3 Month Change-18.69%
1 Year Change-5.29%
3 Year Change24.81%
5 Year Change20.15%
Change since IPO278.82%

Recent News & Updates

Shareholder Returns

PRBCA Metals and MiningCA Market
7D-0.6%-4.9%0.3%
1Y-5.3%-12.7%-4.0%

Return vs Industry: PRB exceeded the Canadian Metals and Mining industry which returned -12.6% over the past year.

Return vs Market: PRB underperformed the Canadian Market which returned -4.1% over the past year.

Price Volatility

Is PRB's price volatile compared to industry and market?
PRB volatility
PRB Average Weekly Movement6.5%
Metals and Mining Industry Average Movement10.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: PRB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PRB's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aDavid Alexander Palmerhttps://www.probemetals.com

Probe Metals Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company’s principal project is the Val-d’Or East project comprising 1,000 claims covering an area of 43,638 hectares located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims located in north of Rouyn-Noranda, Quebec; and Casa-Cameron project comprising 308 claims covering an area of approximately 169 square kilometers.

Probe Metals Fundamentals Summary

How do Probe Metals's earnings and revenue compare to its market cap?
PRB fundamental statistics
Market CapCA$243.76m
Earnings (TTM)-CA$19.92m
Revenue (TTM)n/a

0.0x

P/S Ratio

-12.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRB income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$19.92m
Earnings-CA$19.92m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did PRB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PRB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRB?

Other financial metrics that can be useful for relative valuation.

PRB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-8.5x
PEG Ration/a

Price to Book Ratio vs Peers

How does PRB's PB Ratio compare to its peers?

PRB PB Ratio vs Peers
The above table shows the PB ratio for PRB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.5x

Price-To-Book vs Peers: PRB is expensive based on its Price-To-Book Ratio (6.1x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does PRB's PE Ratio compare vs other companies in the Canadian Metals and Mining Industry?

Price-To-Book vs Industry: PRB is expensive based on its Price-To-Book Ratio (6.1x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is PRB's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRB PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio6.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PRB's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PRB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PRB's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PRB's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PRB's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Probe Metals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PRB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PRB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if PRB's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: PRB is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PRB's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Probe Metals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PRB is currently unprofitable.

Growing Profit Margin: PRB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRB is unprofitable, but has reduced losses over the past 5 years at a rate of 13.6% per year.

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

Earnings vs Industry: PRB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.8%).


Return on Equity

High ROE: PRB has a negative Return on Equity (-50.23%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Probe Metals's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PRB's short term assets (CA$47.1M) exceed its short term liabilities (CA$6.8M).

Long Term Liabilities: PRB's short term assets (CA$47.1M) exceed its long term liabilities (CA$1.9M).


Debt to Equity History and Analysis

Debt Level: PRB is debt free.

Reducing Debt: PRB had no debt 5 years ago.


Balance Sheet


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: PRB has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PRB has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 9.8% each year.


Discover healthy companies

Dividend

What is Probe Metals's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if PRB's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PRB has not reported any payouts.


Discover strong dividend paying companies

Management

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

6.2yrs

Average management tenure


CEO

David Alexander Palmer (53 yo)

no data

Tenure

CA$717,000

Compensation

Dr. David Alexander Stephen Palmer, B.Sc., M.Sc., Ph D., P.Geo., has been President of Probe Metals Inc. since November 2003 and serves as its Chief Executive Officer. Dr. Palmer served as Chief Executive...


CEO Compensation Analysis

Compensation vs Market: David Alexander's total compensation ($USD555.08K) is about average for companies of similar size in the Canadian market ($USD751.41K).

Compensation vs Earnings: David Alexander's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PRB's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: PRB's board of directors are considered experienced (7.3 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 16.3%.


Top Shareholders

Company Information

Probe Metals Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Probe Metals Inc.
  • Ticker: PRB
  • Exchange: TSXV
  • Founded: 2015
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$243.764m
  • Shares outstanding: 151.41m
  • Website: https://www.probemetals.com

Location

  • Probe Metals Inc.
  • 56 Temperance Street
  • Suite 1000
  • Toronto
  • Ontario
  • M5H 3V5
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.