Primorus Investments plc, an investment company, focuses on acquiring interests in a portfolio of exploration and production projects and assets operating in the natural resources sector. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Primorus Investments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRIM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PRIM's weekly volatility (5%) has been stable over the past year.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: PRIM underperformed the UK Metals and Mining industry which returned 79.6% over the past year.
Return vs Market: PRIM exceeded the UK Market which returned 26.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Primorus Investments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StHere's Why We Don't Think Primorus Investments's (LON:PRIM) Statutory Earnings Reflect Its Underlying Earnings Potential
8 months ago | Simply Wall StWe're Not So Sure You Should Rely on Primorus Investments's (LON:PRIM) Statutory Earnings
1 year ago | Simply Wall StCan Primorus Investments (LON:PRIM) Afford To Invest In Growth?
Is Primorus Investments 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: PRIM (£0.05) is trading below our estimate of fair value (£0.58)
Significantly Below Fair Value: PRIM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRIM is good value based on its PE Ratio (2x) compared to the GB Metals and Mining industry average (12.6x).
PE vs Market: PRIM is good value based on its PE Ratio (2x) compared to the UK market (26.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PRIM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRIM is good value based on its PB Ratio (0.8x) compared to the GB Metals and Mining industry average (2.1x).
How is Primorus Investments 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 Primorus Investments 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.
How has Primorus Investments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRIM has a high level of non-cash earnings.
Growing Profit Margin: PRIM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PRIM has become profitable over the past 5 years, growing earnings by 43.7% per year.
Accelerating Growth: PRIM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PRIM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.4%).
Return on Equity
High ROE: PRIM's Return on Equity (41.1%) is considered outstanding.
How is Primorus Investments's financial position?
Financial Position Analysis
Short Term Liabilities: PRIM's short term assets (£698.0K) exceed its short term liabilities (£39.0K).
Long Term Liabilities: PRIM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRIM is debt free.
Reducing Debt: PRIM has not had any debt for past 5 years.
Debt Coverage: PRIM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRIM has no debt, therefore coverage of interest payments is not a concern.
What is Primorus Investments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRIM'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 PRIM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRIM'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 PRIM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Primorus Investments has no CEO, or we have no data on them.
Experienced Board: PRIM's board of directors are not considered experienced ( 0.7 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: PRIM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Primorus Investments plc's company bio, employee growth, exchange listings and data sources
- Name: Primorus Investments plc
- Ticker: PRIM
- Exchange: AIM
- Founded: 1999
- Industry: Gold
- Sector: Materials
- Market Cap: UK£6.712m
- Shares outstanding: 139.83m
- Website: https://www.primorusinvestments.com
Number of Employees
- Primorus Investments plc
- 48 Chancery Lane
- Greater London
- WC2A 1JF
- United Kingdom
Primorus Investments plc, an investment company, focuses on acquiring interests in a portfolio of exploration and production projects and assets operating in the natural resources sector. It also engages i...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 19:26|
|End of Day Share Price||2021/05/07 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.