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PNX

Pasinex Resources DB:PNX Stock Report

Last Price

€0.02

Market Cap

€2.9m

7D

0%

1Y

42.9%

Updated

28 Sep, 2022

Data

Company Financials
PNX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

PNX Stock Overview

Pasinex Resources Limited engages in the acquisition, exploration, and development of mineral properties.

Pasinex Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pasinex Resources
Historical stock prices
Current Share Price€0.02
52 Week High€0.059
52 Week Low€0.013
Beta2.96
1 Month Change-4.76%
3 Month Change-32.20%
1 Year Change42.86%
3 Year Change-4.76%
5 Year Change-89.69%
Change since IPO-35.48%

Recent News & Updates

Shareholder Returns

PNXDE Metals and MiningDE Market
7D0%-11.5%-5.1%
1Y42.9%-37.0%-28.7%

Return vs Industry: PNX exceeded the German Metals and Mining industry which returned -31.3% over the past year.

Return vs Market: PNX exceeded the German Market which returned -28.5% over the past year.

Price Volatility

Is PNX's price volatile compared to industry and market?
PNX volatility
PNX Average Weekly Movement13.7%
Metals and Mining Industry Average Movement8.9%
Market Average Movement5.6%
10% most volatile stocks in DE Market10.0%
10% least volatile stocks in DE Market2.9%

Stable Share Price: PNX is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: PNX's weekly volatility has decreased from 25% to 14% over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/an/ahttps://www.pasinex.com

Pasinex Resources Limited engages in the acquisition, exploration, and development of mineral properties. It explores for zinc, lead, silver, and copper deposits. The company holds a 50% interest in the Pinargozu zinc mine; and the Akkaya property located in Adana Province, Turkey.

Pasinex Resources Fundamentals Summary

How do Pasinex Resources's earnings and revenue compare to its market cap?
PNX fundamental statistics
Market Cap€2.89m
Earnings (TTM)€2.59m
Revenue (TTM)n/a

1.1x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PNX income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other Expenses-CA$3.42m
EarningsCA$3.42m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio254.0%

How did PNX perform over the long term?

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

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PNX 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/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does PNX's PE Ratio compare to its peers?

PNX PE Ratio vs Peers
The above table shows the PE ratio for PNX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.5x
FV.H Firestone Ventures
10.1xn/aCA$3.7m
MULTIVERSE Multiverse Mining and Exploration
14.1xn/a₦1.5b
ARK Arkle Resources
5.9xn/aUK£2.2m
PRO Pershimex Resources
16xn/aCA$4.0m
PNX Pasinex Resources
1.1xn/a€2.9m

Price-To-Earnings vs Peers: PNX is good value based on its Price-To-Earnings Ratio (1.1x) compared to the peer average (11.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PNX is good value based on its Price-To-Earnings Ratio (1.1x) compared to the European Metals and Mining industry average (4.2x)


Price to Earnings Ratio vs Fair Ratio

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

PNX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.1x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: PNX (€0.02) is trading below our estimate of fair value (€1.22)

Significantly Below Fair Value: PNX 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: Insufficient data to show price forecast.


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Future Growth

How is Pasinex Resources forecast to perform in the next 1 to 3 years based on estimates from 0 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


-19.1%

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 Pasinex 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.


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  • Examine whether Pasinex Resources is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Pasinex Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Pasinex Resources performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-10.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PNX has a high level of non-cash earnings.

Growing Profit Margin: PNX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PNX has become profitable over the past 5 years, growing earnings by -10% per year.

Accelerating Growth: PNX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PNX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (60.4%).


Return on Equity

High ROE: Whilst PNX's Return on Equity (302.13%) is outstanding, this metric is skewed due to their high level of debt.


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Financial Health

How is Pasinex Resources's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PNX's short term assets (CA$2.9M) do not cover its short term liabilities (CA$3.6M).

Long Term Liabilities: PNX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PNX's net debt to equity ratio (74.7%) is considered high.

Reducing Debt: Insufficient data to determine if PNX's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PNX's debt is well covered by operating cash flow (71.6%).

Interest Coverage: Insufficient data to determine if PNX's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Pasinex Resources'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

  • Cash Flow Coverage

Dividend Yield vs Market

Pasinex Resources Dividend Yield vs Market
How does Pasinex Resources dividend yield compare to the market?
SegmentDividend Yield
Company (Pasinex Resources)n/a
Market Bottom 25% (DE)1.7%
Market Top 25% (DE)5.5%
Industry Average (Metals and Mining)10.6%
Analyst forecast in 3 Years (Pasinex Resources)n/a

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

High Dividend: Unable to evaluate PNX'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 PNX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PNX'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 PNX has not reported any payouts.


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Management

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

3.2yrs

Average management tenure


CEO

Pasinex Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: PNX's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: PNX's board of directors are considered experienced (7.9 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.


Ownership Breakdown

What is the ownership structure of PNX?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders37,674,59126.1%
General Public106,879,78073.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 3 shareholders own 26.06% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
20.75%
Larry Seeley
30,000,591CA$600.0k0%no data
5.2%
Joachim Rainer
7,524,000CA$150.5k0%no data
0.1%
Victor Wells
150,000CA$3.0k0%no data

Company Information

Pasinex Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pasinex Resources Limited
  • Ticker: PNX
  • Exchange: DB
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: €2.891m
  • Shares outstanding: 144.55m
  • Website: https://www.pasinex.com

Location

  • Pasinex Resources Limited
  • 82 Richmond Street East
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PNXDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2009
PSECNSX (Canadian National Stock Exchange)YesCommon SharesCACADApr 2009
PSXR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2009

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
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.