Premier Gold Mines Limited explores for, develops, and produces gold and silver deposits in Canada, the United States, and Mexico.
High growth potential and fair value.
Share Price & News
How has Premier Gold Mines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: P2O's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: P2O exceeded the German Metals and Mining industry which returned -22% over the past year.
Return vs Market: P2O underperformed the German Market which returned 12.8% over the past year.
Price Volatility Vs. Market
How volatile is Premier Gold Mines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Premier Gold Mines undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: P2O (€1.08) is trading below our estimate of fair value (€2.45)
Significantly Below Fair Value: P2O is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: P2O is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: P2O is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate P2O's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: P2O is good value based on its PB Ratio (0.9x) compared to the DE Metals and Mining industry average (4.2x).
How is Premier Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: P2O is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: P2O is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: P2O's is expected to become profitable in the next 3 years.
Revenue vs Market: P2O's revenue (35.2% per year) is forecast to grow faster than the German market (5.2% per year).
High Growth Revenue: P2O's revenue (35.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: P2O's Return on Equity is forecast to be low in 3 years time (0.9%).
How has Premier Gold Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P2O is currently unprofitable.
Growing Profit Margin: P2O is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: P2O is unprofitable, but has reduced losses over the past 5 years at a rate of 13.5% per year.
Accelerating Growth: Unable to compare P2O's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: P2O is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.4%).
Return on Equity
High ROE: P2O has a negative Return on Equity (-8.51%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Premier Gold Mines's financial position?
Financial Position Analysis
Short Term Liabilities: P2O's short term assets ($75.2M) exceed its short term liabilities ($48.2M).
Long Term Liabilities: P2O's short term assets ($75.2M) exceed its long term liabilities ($50.0M).
Debt to Equity History and Analysis
Debt Level: P2O's debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: P2O's debt to equity ratio has increased from 1.9% to 9.7% over the past 5 years.
Inventory Level: P2O has a high level of physical assets or inventory.
Debt Coverage by Assets: P2O's debt is covered by short term assets (assets are 2.8x 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: P2O has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if P2O has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Premier Gold Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate P2O's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate P2O'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 P2O's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if P2O'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 P2O's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ewan Downie (52yo)
Mr. Ewan Stewart Downie is the Member of the Advisory Board at Doré Copper Mining Corp. He is Founder of Doré Copper Mining Corp. He has been the Chief Executive Officer and President of Premier Gold Mines ...
CEO Compensation Analysis
Compensation vs Market: Ewan's total compensation ($USD1.32M) is above average for companies of similar size in the German market ($USD616.99K).
Compensation vs Earnings: Ewan's compensation has been consistent with company performance over the past year.
|Executive Chairman||4.7yrs||US$1.14m||0.27% $619.2k|
|Chief Financial Officer||7.7yrs||US$965.24k||0.13% $296.2k|
|Executive Vice President of Corporate & Project Development||8.5yrs||US$804.36k||0.19% $433.0k|
|Senior Vice President of Operations||3.2yrs||US$940.86k||0.0094% $21.9k|
|Chief Operating Officer||0.4yrs||no data||no data|
|Secretary||0yrs||no data||0.0080% $18.6k|
|Vice President of Business Development||2.1yrs||no data||0.036% $84.5k|
Experienced Management: P2O's management team is seasoned and experienced (5.4 years average tenure).
|Executive Chairman||4.7yrs||US$1.14m||0.27% $619.2k|
|Lead Director||0yrs||US$165.00k||0.082% $191.0k|
|Independent Director||4.6yrs||US$160.00k||0.026% $61.3k|
|Independent Director||7.7yrs||US$155.00k||0.066% $152.6k|
|Independent Director||3.7yrs||US$155.00k||0.021% $48.1k|
|Independent Director||6.2yrs||US$160.00k||0.26% $609.2k|
Experienced Board: P2O's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: P2O 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 2.4%.
Premier Gold Mines Limited's company bio, employee growth, exchange listings and data sources
- Name: Premier Gold Mines Limited
- Ticker: P2O
- Exchange: DB
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Market Cap: CA$332.778m
- Listing Market Cap: CA$231.847m
- Shares outstanding: 211.96m
- Website: https://www.premiergoldmines.com
Number of Employees
- Premier Gold Mines Limited
- 1100 Russell Street
- Suite 200
- Thunder Bay
- P7B 5N2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2006|
|P2O||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2006|
|PIRG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2006|
|0R3F||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Aug 2006|
|PGM||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Aug 2006|
Premier Gold Mines Limited explores for, develops, and produces gold and silver deposits in Canada, the United States, and Mexico. It principally holds a 100% interest in the Mercedes Mine property located in Sonora, Mexico; a 40% interest in the South Arturo Mine situated in Elko County, Nevada; a 50% interest in the Hardrock Gold property located in Ontario; a 100% interest in the McCoy-Cove project situated in Nevada; a 44% interest in the Rahil Bonaza project located in Northwestern Ontario; and a 100% interest in the Hasaga Gold project situated in Red Lake Mining District, Ontario. The company was incorporated in 2006 and is headquartered in Thunder Bay, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 21:32|
|End of Day Share Price||2020/02/21 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.