AIM:PAT

Stock Analysis Report

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Executive Summary

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Panthera Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PAT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PAT

2.7%

GB Metals and Mining

3.2%

GB Market


1 Year Return

-50.0%

PAT

-5.1%

GB Metals and Mining

-11.7%

GB Market

Return vs Industry: PAT underperformed the UK Metals and Mining industry which returned -6.1% over the past year.

Return vs Market: PAT underperformed the UK Market which returned -12.2% over the past year.


Shareholder returns

PATIndustryMarket
7 Day0%2.7%3.2%
30 Day-13.6%13.4%5.9%
90 Day-13.6%5.7%-6.3%
1 Year-50.0%-50.0%2.2%-5.1%-7.4%-11.7%
3 Yearn/a41.7%17.8%-4.8%-16.5%
5 Yearn/a70.3%31.1%13.4%-12.0%

Price Volatility Vs. Market

How volatile is Panthera Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Panthera Resources undervalued compared to its fair value and its price relative to the market?

1.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PAT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PAT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PAT is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: PAT is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PAT is overvalued based on its PB Ratio (1.6x) compared to the GB Metals and Mining industry average (1.1x).


Next Steps

Future Growth

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

6.7%

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 Panthera 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.


Next Steps

Past Performance

How has Panthera Resources performed over the past 5 years?

-33.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PAT is currently unprofitable.

Growing Profit Margin: PAT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PAT is unprofitable, and losses have increased over the past 5 years at a rate of -33.6% per year.

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

Earnings vs Industry: PAT 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: PAT has a negative Return on Equity (-69.5%), as it is currently unprofitable.


Next Steps

Financial Health

How is Panthera Resources's financial position?


Financial Position Analysis

Short Term Liabilities: PAT's short term assets ($553.3K) exceed its short term liabilities ($191.9K).

Long Term Liabilities: PAT's short term assets ($553.3K) exceed its long term liabilities ($42.9K).


Debt to Equity History and Analysis

Debt Level: PAT is debt free.

Reducing Debt: PAT has not had any debt for past 5 years.


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: PAT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.7% each year


Next Steps

Dividend

What is Panthera Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PAT'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 PAT's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

2.5yrs

Average board tenure


CEO

Mark Bolton (50yo)

0.083

Tenure

Mr. Mark Graham Bolton, B. Business, GDip AppFin (Sec Inst) ASIA, CPA, serves as Managing Director at Panthera Resources Plc since April 1, 2020. Mr. Bolton has been Executive Director of Oilex Ltd. since  ...


Board Members

NamePositionTenureCompensationOwnership
David Stein
Non-Executive Director2.5yrsUS$14.48k0.16% $5.6k
Timothy Hargreaves
Non-Executive Director2.5yrsUS$14.51k2.17% $77.5k
Michael Higgins
Non-Executive Chairmanno dataUS$29.46k2.17% $77.6k
Catherine Apthorpe
Independent Non-Executive Director1.92yrsUS$12.65k0.16% $5.6k

2.5yrs

Average Tenure

54yo

Average Age

Experienced Board: PAT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.2%.


Top Shareholders

Company Information

Panthera Resources PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Panthera Resources PLC
  • Ticker: PAT
  • Exchange: AIM
  • Founded: 2004
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£3.573m
  • Shares outstanding: 75.21m
  • Website: https://www.pantheraresources.com

Number of Employees


Location

  • Panthera Resources PLC
  • Salisbury House
  • London Wall
  • London
  • Greater London
  • EC2M 5PS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PATAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2017

Biography

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa. Its flagship project is the Bhukia Project, a gold deposit located in the state of Rajasthan, India. The company was formerly known as IGL Resources PLC. Panthera Resources PLC was founded in 2004 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 00:47
End of Day Share Price2020/05/28 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.