WSE:PMT

Stock Analysis Report

Executive Summary

Prime Minerals S.A., through its subsidiaries, extracts and processes nickel ore and limestone in Indonesia.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Prime Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PMT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.0%

PMT

-11.1%

PL Metals and Mining

-7.4%

PL Market


1 Year Return

220.5%

PMT

-27.8%

PL Metals and Mining

-14.4%

PL Market

Return vs Industry: PMT exceeded the Polish Metals and Mining industry which returned -27.4% over the past year.

Return vs Market: PMT exceeded the Polish Market which returned -14.8% over the past year.


Shareholder returns

PMTIndustryMarket
7 Day5.0%-11.1%-7.4%
30 Day50.6%-9.4%-5.8%
90 Day121.2%-6.6%-6.5%
1 Year220.5%220.5%-26.2%-27.8%-11.9%-14.4%
3 Year-56.9%-56.9%-44.9%-47.1%-14.3%-20.3%
5 Year-67.1%-67.1%-21.1%-27.5%-5.5%-17.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Prime Minerals undervalued compared to its fair value and its price relative to the market?

3.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PMT is overvalued based on its PB Ratio (2.9x) compared to the PL Metals and Mining industry average (0.7x).


Next Steps

Future Growth

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

-5.3%

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 Prime Minerals 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 Prime Minerals performed over the past 5 years?

-6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMT is currently unprofitable.

Growing Profit Margin: PMT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PMT is unprofitable, and losses have increased over the past 5 years at a rate of -6.5% per year.

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

Earnings vs Industry: PMT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-42.4%).


Return on Equity

High ROE: PMT has a negative Return on Equity (-3.86%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Prime Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: PMT's short term assets (PLN20.9M) exceed its short term liabilities (PLN16.5M).

Long Term Liabilities: PMT's short term assets (PLN20.9M) exceed its long term liabilities (PLN791.7K).


Debt to Equity History and Analysis

Debt Level: PMT is debt free.

Reducing Debt: PMT has no debt compared to 5 years ago when its debt to equity ratio was 44.6%.


Balance Sheet

Inventory Level: PMT has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PMT's debt is covered by short term assets.


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: Whilst unprofitable PMT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PMT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -4.3% per year.


Next Steps

Dividend

What is Prime Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%7.0%industryaverage7.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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


Next Steps

Management

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


CEO

Prime Minerals has no CEO, or we have no data on them.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Prime Minerals S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prime Minerals S.A.
  • Ticker: PMT
  • Exchange: WSE
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: zł75.041m
  • Shares outstanding: 6.00m
  • Website: https://www.prime-minerals.com

Location

  • Prime Minerals S.A.
  • ul. Traugutta 42a
  • Warsaw
  • 05-825
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PMTWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNApr 2014

Biography

Prime Minerals S.A., through its subsidiaries, extracts and processes nickel ore and limestone in Indonesia. It holds interest in the Morowali project, a nickel ore and limestone ore open pit mine, covering an area of 2,163 ha located in the Bungku Selatan district, Indonesia. The company was formerly known as Certus Capital S.A. and changed its name to Prime Minerals S.A. in March 2015. Prime Minerals S.A. is based in Warsaw, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 23:01
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.