PRYM Stock Overview
Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico.
Prime Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$1.51|
|52 Week High||CA$5.24|
|52 Week Low||CA$1.16|
|1 Month Change||-16.11%|
|3 Month Change||4.86%|
|1 Year Change||-60.88%|
|3 Year Change||331.43%|
|5 Year Change||738.89%|
|Change since IPO||-99.16%|
Recent News & Updates
Is Prime Mining (CVE:PRYM) In A Good Position To Deliver On Growth Plans?
We can readily understand why investors are attracted to unprofitable companies. For example, although...
|PRYM||CA Metals and Mining||CA Market|
Return vs Industry: PRYM underperformed the Canadian Metals and Mining industry which returned -6% over the past year.
Return vs Market: PRYM underperformed the Canadian Market which returned -4% over the past year.
|PRYM Average Weekly Movement||17.6%|
|Metals and Mining Industry Average Movement||11.8%|
|Market Average Movement||10.1%|
|10% most volatile stocks in CA Market||18.3%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: PRYM is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: PRYM's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company primarily explores for gold and silver deposits. It primarily holds a 100% interest in the Los Reyes project that consists of 37 contiguous concessions covering an area of 6,273 hectares located in Sinaloa, Mexico.
Prime Mining Fundamentals Summary
|PRYM fundamental statistics|
Is PRYM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PRYM income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.19|
|Net Profit Margin||0.00%|
How did PRYM perform over the long term?See historical performance and comparison
Is PRYM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PRYM?
Other financial metrics that can be useful for relative valuation.
|What is PRYM's n/a Ratio?|
Price to Book Ratio vs Peers
How does PRYM's PB Ratio compare to its peers?
|PRYM PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
ALLI Alpha Lithium
CUSN Cornish Metals
WM Wallbridge Mining
S Sherritt International
PRYM Prime Mining
Price-To-Book vs Peers: PRYM is expensive based on its Price-To-Book Ratio (4.3x) compared to the peer average (1.2x).
Price to Earnings Ratio vs Industry
How does PRYM's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: PRYM is expensive based on its Price-To-Book Ratio (4.3x) compared to the Canadian Metals and Mining industry average (1.5x)
Price to Book Ratio vs Fair Ratio
What is PRYM'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.
|Current PB Ratio||4.3x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate PRYM's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of PRYM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PRYM (CA$1.51) is trading below our estimate of fair value (CA$104.45)
Significantly Below Fair Value: PRYM is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Prime Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PRYM's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if PRYM's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if PRYM's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRYM is forecast to have no revenue next year.
High Growth Revenue: PRYM is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PRYM's Return on Equity is forecast to be high in 3 years time
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How has Prime Mining performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRYM is currently unprofitable.
Growing Profit Margin: PRYM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRYM is unprofitable, and losses have increased over the past 5 years at a rate of 61.1% per year.
Accelerating Growth: Unable to compare PRYM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRYM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.3%).
Return on Equity
High ROE: PRYM has a negative Return on Equity (-54.55%), as it is currently unprofitable.
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How is Prime Mining's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PRYM's short term assets (CA$27.6M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: PRYM's short term assets (CA$27.6M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: PRYM is debt free.
Reducing Debt: PRYM currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: Insufficient data to determine if PRYM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PRYM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is Prime Mining current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Prime Mining Dividend Yield vs Market|
|Company (Prime Mining)||n/a|
|Market Bottom 25% (CA)||1.9%|
|Market Top 25% (CA)||5.9%|
|Industry Average (Metals and Mining)||2.5%|
|Analyst forecast in 3 Years (Prime Mining)||n/a|
Notable Dividend: Unable to evaluate PRYM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRYM'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 PRYM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRYM'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 PRYM has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Kunz (69 yo)
Mr. Daniel James Kunz, B.Sc., P.Eng., MBA, A.A. also known as Dan, has been Chief Executive Officer of Prime Mining Corp. (formerly, ePower Metals Inc.) since June 15, 2020 and has been its Director since...
CEO Compensation Analysis
|Dan Kunz's Compensation vs Prime Mining Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Dec 31 2021||CA$653k||CA$172k|
|Oct 31 2021||n/a||n/a|
|Jul 31 2021||n/a||n/a|
|Apr 30 2021||n/a||n/a|
|Jan 31 2021||n/a||n/a|
|Oct 31 2020||n/a||n/a|
|Jul 31 2020||n/a||n/a|
|Apr 30 2020||CA$454k||CA$432k|
Compensation vs Market: Dan's total compensation ($USD481.77K) is above average for companies of similar size in the Canadian market ($USD178.56K).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
Experienced Management: PRYM's management team is considered experienced (2.3 years average tenure).
Experienced Board: PRYM's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PRYM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|28 Jul 22||BuyCA$3,338,036||Pierre Lassonde||Individual||1,500,000||CA$4.20|
|26 Jul 22||BuyCA$31,794||Daniel Kunz||Individual||25,000||CA$1.27|
|26 Jul 22||BuyCA$246,000||Andrew Bowering||Individual||200,000||CA$1.23|
|07 Jun 22||BuyCA$2,400,000||Pierre Lassonde||Individual||1,000,000||CA$2.40|
|12 Apr 22||BuyCA$2,737,500||Pierre Lassonde||Individual||750,000||CA$3.65|
|29 Nov 21||BuyCA$1,815||Edith Hofmeister||Individual||500||CA$3.63|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Prime Mining Corp.'s employee growth, exchange listings and data sources
- Name: Prime Mining Corp.
- Ticker: PRYM
- Exchange: TSXV
- Founded: 1981
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: CA$170.178m
- Shares outstanding: 112.70m
- Website: https://www.primeminingcorp.ca
Number of Employees
- Prime Mining Corp.
- 1030 West Georgia Street
- Suite 710
- British Columbia
- V6E 2Y3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|O4V3||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 1992|
|PRYM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||May 1992|
|PRMN.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 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.