Philex Mining Management

Management criteria checks 3/4

Philex Mining's CEO is Eulalio Austin, appointed in Jan 2012, has a tenure of 13.58 years. directly owns 0.044% of the company’s shares, worth ₱7.92M. The average tenure of the management team and the board of directors is 4 years and 13.6 years respectively.

Key information

Eulalio Austin

Chief executive officer

₱2.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	13yrs
CEO ownership	0.04%
Management average tenure	4yrs
Board average tenure	13.6yrs

Recent management updates

Recent updates

CEO

Eulalio Austin (62 yo)

13yrs

Tenure

₱2,060,000

Compensation

Mr. Eulalio B. Austin, Jr., has been President and Chief Executive Officer of Philex Mining Corporation since April 3, 2013. He is Director of Philex Mining Corporation (PMC) and PGPI since June 29, 2011 a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eulalio Austin	President	13yrs	₱2.06m	0.044% ₱ 7.9m
Barbara Anne Migallos	Corporate Secretary & Executive Director	26.5yrs	₱1.97m	0.0042% ₱ 751.7k
Romeo Bachoco	CFO, Treasurer	5.4yrs	no data	0.010% ₱ 1.9m
Michael Toledo	Chief Operating Officer	1yr	no data	no data
Paraluman Navarro	Assistant Vice-President of Corporate Finance & Controller	1yr	no data	no data
Winston Cruz	VP of Legal & General Counsel and Data Protection Officer	2.7yrs	no data	no data
Noel Oliveros	Head of the Exploration & Resource Estimation Group and Exploration Division Manager	6yrs	no data	no data
Geraldine Ateo-An	Chief Audit Executive	2.7yrs	no data	no data
Victor Francisco	Vice President of Environment & Community Relations	16yrs	no data	0.0028% ₱ 496.3k
Ricardo Dolipas	Vice President of Operations	2yrs	no data	0.000010% ₱ 1.8k

4.0yrs

Average Tenure

60.5yo

Average Age

Experienced Management: PX's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eulalio Austin	President	13.6yrs	₱2.06m	0.044% ₱ 7.9m
Barbara Anne Migallos	Corporate Secretary & Executive Director	11.6yrs	₱1.97m	0.0042% ₱ 751.7k
Manuel Pangilinan	Non- Executive Chairman of the Board	16.2yrs	₱1.81m	0.081% ₱ 14.5m
Oscar Hilado	Lead Independent Director	15.1yrs	₱2.17m	0% ₱ 0
Hon Pong Ng	Non-Executive Director	6yrs	₱2.27m	0% ₱ 0
Ping Cheung Chan	Non-Executive Director	6yrs	₱2.00m	0% ₱ 0
Marilyn Victorio-Aquino	Non-Executive Director	15.1yrs	₱2.17m	0.0086% ₱ 1.6m
Diana Pardo-Aguilar	Non-Executive Director	1yr	no data	no data
Wilfredo Paras	Independent Director	13.6yrs	₱2.18m	0% ₱ 0

13.6yrs

Average Tenure

68yo

Average Age

Experienced Board: PX's board of directors are seasoned and experienced ( 13.6 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/21 23:49
End of Day Share Price	2025/01/21 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Philex Mining Corporation is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Amos Ong	CLSA
Sue Lin Lim	CLSA
null null	CLSA

Philex Mining Management

Management criteria checks 3/4

Key information

Recent management updates

Philex Mining Corporation Announces Resignation of Manuel L. Argel as Board of Directors

Philex Mining Corporation Appoints Santiago Dionisio R. Agdeppa as Director

Philex Mining Corporation, Annual General Meeting, Jun 27, 2024

Philex Mining Corporation Appointment of Ms. Diana V. Pardo-Aguilar and Mr. Manuel L. Argel, Jr. as New Non- Executive Directors

Philex Mining Corporation Announces Executive Changes

Philex Mining Corporation Announces Management Changes

Recent updates

Philex Mining Corporation Announces Resignation of Manuel L. Argel as Board of Directors

Philex Mining Corporation Announces Padcal Life of Mine Extension of Up to December 2028

Consensus EPS estimates fall by 31%, revenue upgraded

Third quarter 2024 earnings released: EPS: ₱0.053 (vs ₱0.024 in 3Q 2023)

Price target increased by 18% to ₱4.70

Now 23% overvalued

Second quarter 2024 earnings released: EPS: ₱0.037 (vs ₱0.054 in 2Q 2023)

Philex Mining Corporation Appoints Santiago Dionisio R. Agdeppa as Director

Consensus revenue estimates fall by 17%

First quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.067 in 1Q 2023)

Consensus revenue estimates increase by 19%

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of ₱0.02 per share

Dividend of ₱0.02 announced

Philex Mining Corporation, Annual General Meeting, Jun 27, 2024

Full year 2023 earnings released: EPS: ₱0.18 (vs ₱0.34 in FY 2022)

Philex Mining Corporation Approves Declaration of Cash Dividend, Payable on March 27, 2024

Philex Mining Corporation Appointment of Ms. Diana V. Pardo-Aguilar and Mr. Manuel L. Argel, Jr. as New Non- Executive Directors

Philex Mining Corporation Announces Executive Changes

Consensus revenue estimates increase by 86%

Consensus EPS estimates fall by 16%

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: ₱0.024 (vs ₱0.047 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ₱0.054 (vs ₱0.14 in 2Q 2022)

Philex Mining Corporation Announces Management Changes

Full year 2022 earnings released: EPS: ₱0.34 (vs ₱0.49 in FY 2021)

Full year 2022 earnings released: EPS: ₱0.34 (vs ₱0.49 in FY 2021)

Philex Mining Corporation (PSE:PX) signed a term sheet to acquire Gold mining project in Itogon from Macawiwili Gold Mining And Development Co., Inc.

Philex Mining Corporation Announces Resignation of Michael G. Regino as Non-Executive Director

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₱0.041 (vs ₱0.15 in 3Q 2021)

Treasurer recently bought ₱174k worth of stock

Insider recently bought ₱350k worth of stock

President recently bought ₱3.7m worth of stock

Philex Mining Corporation has completed a Follow-on Equity Offering in the amount of PHP 2.6523 billion.

Second quarter 2022 earnings released: EPS: ₱0.14 (vs ₱0.12 in 2Q 2021)

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: ₱0.14 (vs ₱0.11 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Philex Mining Corporation Approves the Declaration of Cash Dividend, Payable April 3, 2022

Philex Mining Corporation Announces Completion of the In-Phase Mine Plan Feasibility Study and an Updated Mineable Reserve Estimate for the Boyongan Deposit

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₱0.15 (vs ₱0.10 in 3Q 2020)

Second quarter 2021 earnings released: EPS ₱0.12 (vs ₱0.065 in 2Q 2020)

First quarter 2021 earnings released: EPS ₱0.11 (vs ₱0.021 in 1Q 2020)

Full year 2020 earnings released: EPS ₱0.25 (vs ₱0.13 loss in FY 2019)

Investor sentiment improved over the past week

Philex Mining Corporation Announces Appointment of Bai Norhata Demarunsing Macatbar Alonto as Director

Full year 2020 earnings released: EPS ₱0.25 (vs ₱0.13 loss in FY 2019)

Philex Mining Corporation, Annual General Meeting, Jun 23, 2021

Philex Mining Corporation Announces Resignation of Diana Pardo- Aguilar as Nominee Director of Social Security System

Non-Executive Director has left the company

New 90-day low: ₱4.51

Philex Mining Corporation Announces the Retirement of Michael T. Toledo as Senior Vice President for Public and Regulatory Affairs, Effective December 30, 2020

New 90-day high: ₱4.70

New 90-day high - ₱4.23

New 90-day high - ₱3.75

Philex Mining Corporation to Report Q3, 2020 Results on Oct 28, 2020

First half earnings released

New 90-day high - ₱3.32

First half earnings released

CEO

Tenure

Compensation

Leadership Team