Pershimex Resources Corporation engages in the exploration and evaluation of mineral resources in Canada.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Pershimex Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRO's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: PRO exceeded the Canadian Metals and Mining industry which returned -8.2% over the past year.
Return vs Market: PRO exceeded the Canadian Market which returned -24.5% over the past year.
Price Volatility Vs. Market
How volatile is Pershimex Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCan We See Significant Insider Ownership On The Pershimex Resources Corporation (CVE:PRO) Share Register?
4 months ago | Simply Wall StHere's Why We're Watching Pershimex Resources's (CVE:PRO) Cash Burn Situation
6 months ago | Simply Wall StWhat Kind Of Shareholders Own Pershimex Resources Corporation (CVE:PRO)?
Is Pershimex Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PRO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PRO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PRO is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: PRO 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 PRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRO is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.2x).
How is Pershimex Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Pershimex Resources 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.
- Examine Pershimex Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Pershimex Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Pershimex Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRO is currently unprofitable.
Growing Profit Margin: PRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRO is unprofitable, but has reduced losses over the past 5 years at a rate of 18.1% per year.
Accelerating Growth: Unable to compare PRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: PRO has a negative Return on Equity (-8.86%), as it is currently unprofitable.
How is Pershimex Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PRO's short term assets (CA$244.4K) exceed its short term liabilities (CA$120.7K).
Long Term Liabilities: PRO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRO is debt free.
Reducing Debt: PRO has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Inventory Level: PRO has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PRO'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: PRO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.1% each year
What is Pershimex Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PRO'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 PRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRO'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 PRO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robert Gagnon, P. Geo., also known as Bob serves as Director at Beauce Gold Fields Inc. Mr. Gagnon, P. Geo., also known as Bob has been the Chief Executive Officer and President of Pershimex Resources ...
|Chief Financial Officer||2.33yrs||no data||1.49% CA$51.0k|
|Secretary & Director||2.33yrs||no data||2.69% CA$92.2k|
|Corporate Secretary||1.5yrs||no data||no data|
Experienced Management: PRO's management team is considered experienced (2.3 years average tenure).
|Secretary & Director||2.33yrs||no data||2.69% CA$92.2k|
|Director||2.33yrs||no data||0.044% CA$1.5k|
|Chairman of the Board||2.33yrs||no data||9.61% CA$329.1k|
|Director||2.33yrs||no data||0.18% CA$6.3k|
Experienced Board: PRO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.
Pershimex Resources Corporation's company bio, employee growth, exchange listings and data sources
- Name: Pershimex Resources Corporation
- Ticker: PRO
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$3.426m
- Shares outstanding: 114.19m
- Website: https://www.pershimco.ca
- Pershimex Resources Corporation
- 11 Perreault Street East
- J9X 3C1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRO||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Feb 2012|
|K02||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Feb 2012|
Pershimex Resources Corporation engages in the exploration and evaluation of mineral resources in Canada. It primarily explores for gold deposits. The company holds interests in the Malartic property, which consists of 6 blocks of contiguous claims; Forsan property comprising 27 claims covering an area of 8 square kilometers; and Belleterre project, which include Blondeau-Guillet and Chevrier properties located in Quebec. It also holds interests in the Villebon property consisting of 43 claims covering 1,780 hectares located in the Villebon Township, Abitibi; Nanuq property located in Nunavik, to the south of Salluit, Quebec; and Courville property that consists of 361 claims covering an area of approximately 151.82 square kilometers located in the Carpentier and Courville townships. The company was formerly known as Khalkos Exploration Inc. Pershimex Resources Corporation is based in Rouyn-Noranda, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 03:25|
|End of Day Share Price||2020/03/31 00:00|
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.