Loading...

Pacton Gold

OTCPK:PACX.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PACX.F
OTCPK
CA$19M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Pacton Gold Inc., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The last earnings update was 17 days ago. More info.


Add to Portfolio Compare Print
  • Pacton Gold has significant price volatility in the past 3 months.
PACX.F Share Price and Events
7 Day Returns
7.7%
OTCPK:PACX.F
-3.6%
US Metals and Mining
-3.9%
US Market
1 Year Returns
-66.2%
OTCPK:PACX.F
-27.7%
US Metals and Mining
1.4%
US Market
PACX.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pacton Gold (PACX.F) 7.7% -6% -32.5% -66.2% 2.9% -75.4%
US Metals and Mining -3.6% -11.6% -6.2% -27.7% 4.8% -19.9%
US Market -3.9% -3.6% 1.8% 1.4% 35.8% 40.8%
1 Year Return vs Industry and Market
  • PACX.F underperformed the Metals and Mining industry which returned -27.7% over the past year.
  • PACX.F underperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
PACX.F
Industry
5yr Volatility vs Market

PACX.F Value

 Is Pacton Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Pacton Gold. This is due to cash flow or dividend data being unavailable. The share price is $0.1179.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pacton Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pacton Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:PACX.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in CAD CA$-0.08
TSXV:PAC Share Price ** TSXV (2019-05-15) in CAD CA$0.16
United States of America Metals and Mining Industry PE Ratio Median Figure of 46 Publicly-Listed Metals and Mining Companies 9.38x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pacton Gold.

OTCPK:PACX.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PAC Share Price ÷ EPS (both in CAD)

= 0.16 ÷ -0.08

-1.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pacton Gold is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Pacton Gold is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Pacton Gold's expected growth come at a high price?
Raw Data
OTCPK:PACX.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 25 Publicly-Listed Metals and Mining Companies 0.62x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pacton Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pacton Gold's assets?
Raw Data
OTCPK:PACX.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in CAD CA$0.13
TSXV:PAC Share Price * TSXV (2019-05-15) in CAD CA$0.16
United States of America Metals and Mining Industry PB Ratio Median Figure of 103 Publicly-Listed Metals and Mining Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:PACX.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PAC Share Price ÷ Book Value per Share (both in CAD)

= 0.16 ÷ 0.13

1.19x

* Primary Listing of Pacton Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pacton Gold is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Pacton Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Pacton Gold has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PACX.F Future Performance

 How is Pacton Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Pacton Gold 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pacton Gold expected to grow at an attractive rate?
  • Unable to compare Pacton Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pacton Gold's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Pacton Gold's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:PACX.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 20.3%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:PACX.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:PACX.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-02-28 -4 -7
2018-11-30 -4 -7
2018-08-31 -3 -6
2018-05-31 -2 -4
2018-02-28 -1 -2
2017-11-30 0 -2
2017-08-31 0 -2
2017-05-31 -1 -2
2017-02-28 -1 -2
2016-11-30 -1 -2
2016-08-31 -1 -1
2016-05-31 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Pacton Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Pacton Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:PACX.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pacton Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:PACX.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-02-28 -0.08
2018-11-30 -0.10
2018-08-31 -0.09
2018-05-31 -0.07
2018-02-28 -0.04
2017-11-30 -0.03
2017-08-31 -0.05
2017-05-31 -0.07
2017-02-28 -0.06
2016-11-30 -0.07
2016-08-31 -0.04
2016-05-31 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Pacton Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Pacton Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Pacton Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Pacton Gold's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Pacton Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pacton Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PACX.F Past Performance

  How has Pacton Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pacton Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pacton Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Pacton Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pacton Gold's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Pacton Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pacton Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:PACX.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 -7.01 5.11
2018-11-30 -7.07 4.99
2018-08-31 -5.97 4.65
2018-05-31 -4.22 3.24
2018-02-28 -2.26 1.58
2017-11-30 -1.65 1.21
2017-08-31 -2.39 1.08
2017-05-31 -2.35 0.93
2017-02-28 -2.10 0.68
2016-11-30 -2.24 0.81
2016-08-31 -0.96 0.69
2016-05-31 -2.63 0.62
2016-02-29 -3.00 0.85
2015-11-30 -3.16 0.98
2015-08-31 -3.51 1.00
2015-05-31 -1.81 1.05
2015-02-28 -1.35 0.71
2014-11-30 -1.47 0.81
2014-08-31 -1.42 1.17
2014-05-31 -1.47 1.25
2014-02-28 -1.50 1.30
2013-11-30 -1.07 0.93
2013-08-31 -0.77 0.64
2013-05-31 -0.62 0.55
2013-02-28 -0.47 0.41
2012-11-30 -0.47 0.42
2012-08-31 -0.34 0.32
2012-05-31 -0.22 0.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Pacton Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pacton Gold has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Pacton Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Pacton Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pacton Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PACX.F Health

 How is Pacton Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pacton Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pacton Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pacton Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pacton Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Pacton Gold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pacton Gold Company Filings, last reported 2 months ago.

OTCPK:PACX.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 13.66 0.00 1.56
2018-11-30 9.10 0.00 0.47
2018-08-31 9.99 0.20 3.16
2018-05-31 9.86 0.21 4.20
2018-02-28 0.66 0.00 0.20
2017-11-30 0.62 0.00 0.12
2017-08-31 1.20 0.00 0.01
2017-05-31 1.50 0.00 0.11
2017-02-28 0.52 0.01 0.19
2016-11-30 0.23 0.01 0.02
2016-08-31 1.55 0.03 0.05
2016-05-31 1.50 0.03 0.33
2016-02-29 0.82 0.03 0.01
2015-11-30 0.94 0.03 0.02
2015-08-31 1.05 0.03 0.03
2015-05-31 2.97 0.03 0.02
2015-02-28 2.71 0.03 0.03
2014-11-30 2.50 0.03 0.03
2014-08-31 3.03 0.05 0.00
2014-05-31 2.89 0.06 0.06
2014-02-28 2.46 0.03 0.17
2013-11-30 1.66 0.03 0.00
2013-08-31 1.06 0.00 0.01
2013-05-31 0.36 0.00 0.05
2013-02-28 0.33 0.00 0.00
2012-11-30 0.34 0.00 0.00
2012-08-31 0.59 0.00 0.29
2012-05-31 0.07 0.00 0.00
  • Pacton Gold has no debt.
  • Pacton Gold has no debt compared to 5 years ago when it was 1.4%.
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.

  • Pacton Gold has less than a year of cash runway based on current free cash flow.
  • Pacton Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 94.8% each year.
X
Financial health checks
We assess Pacton Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pacton Gold has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PACX.F Dividends

 What is Pacton Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Pacton Gold dividends.
If you bought $2,000 of Pacton Gold shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Pacton Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pacton Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:PACX.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Pacton Gold has not reported any payouts.
  • Unable to verify if Pacton Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pacton Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pacton Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pacton Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pacton Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pacton Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PACX.F Management

 What is the CEO of Pacton Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alec Pismiris
COMPENSATION CA$0
AGE 55
TENURE AS CEO 1.5 years
CEO Bio

Mr. Alec Christopher Pismiris, B.Comm, MAICD, IGIA, has been Interim President and Chief Executive Officer of Pacton Gold Inc. since November 10, 2017 and has been its Director since August 22, 2018. Mr. Pismiris serves as Director of Corporate Finance at Somers & Partners. Mr. Pismiris has been Company Secretary of Agrimin Limited since October 2, 2013. He has been Company Secretary of Pelican Resources Limited since June 29, 2015. Since April 2002, Mr. Pismiris has been an Associate of the Chartered Secretaries & Administrators. He serves as a Director at Victory Mines Limited since January 31, 2019. He served as a Secretary of Ridge Resources Ltd., since November 11, 2010. Mr. Pismiris served as the Chief Financial Officer and Company Secretary of numerous private and public companies including publicly listed companies. He served as Company Secretary of Horseshoe Metals Limited from May 31, 2010 to May 31, 2012. He has over 30 years’ experience in the securities, mining industries and finance industry. He has a sound knowledge of ASX corporate governance guidelines, board processes and the regulatory environment in which public companies operate. He served as Company Secretary at Papillon Resources Pty. Ltd. (Papillon Resources Limited) from May 11, 2006 to June 2010. He served as Company Secretary of NTM Gold Limited (alternate name: Northern Manganese Limited) until March 22, 2010. Mr. Pismiris served as Joint Secretary of Industrial Minerals Corporation Ltd. until August 2, 2010. He served as Company Secretary of Prairie Mining Limited (also known as Prairie Downs Metals Limited) from May 11, 2006 to June 2010. He served as Company Secretary of Groote Resources Limited until March 22, 2010. He served as Company Secretary of Western Uranium & Vanadium Corp.(formerly known as Western Uranium Corporation). He served as Secretary of Focus Minerals Limited from November 28, 2005 to August 2, 2006. He served as Company Secretary of IDM International Limited until April 22, 2010. Mr. Pismiris served as Secretary of Sundance Resources Ltd. from December 22, 2006 to July 15, 2008. He served as the Chief Financial Officer and Company Secretary of Grange Resources Limited from December 2001 to September 16, 2005. He served as a Company Secretary of Rockeby Biomed Ltd. since October 29, 2003. He has been the Non-Executive Chairman of Hotcopper Holdings Limited since June 22, 2017 and Mount Magnet South NL since August 2, 2013. He served as the Non-Executive Chairman of Cardinal Resources Limited from November 11, 2010 to November 19, 2015. He serves as a Non-Executive Director of Hotcopper Holdings Limited. He has been Non-Executive Director at Pelican Resources Limited since March 24, 2015. He serves as an Executive Director of Capital Investment Partners Pty Ltd. He has been a Director of Agrimin Limited since December 3, 2013. He is an Independent non-executive director at Aguia Resources Limited since March 26, 2014. He served as a Non-Executive Director of Impression Healthcare Limited (alternate name: Mount Magnet South NL) since August 2, 2013 until April 3, 2017. He serves as a Director of Azure Capital Pty Ltd. He serves as a Director of numerous private and public companies including publicly listed companies. He served as an Executive Director of Ridge Resources Ltd since November 11, 2010. He served as a Director of Cardinal Resources Limited from November 11, 2010 to November 19, 2015. He served as a Non-Executive Director of Papillon Resources Limited since May 11, 2006. He served as a Non-Executive Director of Gladiator Resources Limited from December 7, 2012 to March 22, 2013. He served as a Director of Western Uranium Corporation. He served as a Non-executive Director of Prairie Downs Metals Limited from May 11, 2002 to June 22, 2012. Mr. Pismiris served as an Executive Director of NTM Gold Limited from May 11, 2006 to March 2010. He served as a Non-Executive Director of Horseshoe Metals Limited from May 31, 2010 to May 25, 2012. He served as a Director of Lemur Resources Limited since October 1, 2013. He served as an Executive Director of Groote from May 11, 2006 to March 2010. He served as an Executive Director of IDM International Limited from November 8, 2006 to April 22, 2010. He served as a Non-Executive Director of Sundance Resources Ltd. from July 5, 2006 to November 28, 2008 and also served as its Executive Director. He is a member of the Australian Institute of Company Directors and is an associate of the Governance Institute of Australia. Mr. Pismiris holds a Bachelor of Commerce from the University of Western Australia.

CEO Compensation
  • Insufficient data for Alec to compare compensation growth.
  • Alec's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Pacton Gold management team in years:

1.5
Average Tenure
53
Average Age
  • The average tenure for the Pacton Gold management team is less than 2 years, this suggests a new team.
Management Team

R. Ginn

TITLE
Executive Chairman
AGE
53
TENURE
0.6 yrs

Alec Pismiris

TITLE
Interim President
AGE
55
TENURE
1.5 yrs

Patrick Meagher

TITLE
Chief Financial Officer
COMPENSATION
CA$53K
AGE
32
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure of the Pacton Gold board of directors in years:

1.5
Average Tenure
  • The average tenure for the Pacton Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

R. Ginn

TITLE
Executive Chairman
AGE
53
TENURE
0.6 yrs

Alec Pismiris

TITLE
Interim President
AGE
55
TENURE
0.8 yrs

Rick Boulay

TITLE
Director
TENURE
3.3 yrs

Peter Caldbick

TITLE
Director
COMPENSATION
CA$41K
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
01. Nov 18 Buy R. Ginn Individual 01. Nov 18 01. Nov 18 50,000 $0.21 $10,685
12. Oct 18 Sell Dominic Verdejo Individual 30. Aug 18 30. Aug 18 -23,500 $0.38 $-8,909
X
Management checks
We assess Pacton Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pacton Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PACX.F News

Simply Wall St News

PACX.F Company Info

Description

Pacton Gold Inc., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It explores for gold, uranium, and lithium. It has option agreements to own a 100% interest in the Tully West Gold Property located west of the Tully/Timmins North Gold Deposit in Ontario; and interests in mineral claims located in the Red Lake Mining District in Ontario, as well as the Birch Gold Property located in Ontario; Lincoln Property, a lithium project in Nevada; Uchi Gold Property located in Ontario; and Bellary Dome project located in Mt. Roe Basalt. The company was formerly known as Noka Resources Inc. and changed its name to Pacton Gold Inc. in April 2017. Pacton Gold Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Details
Name: Pacton Gold Inc.
PACX.F
Exchange: OTCPK
Founded: 2010
CA$14,439,506
125,190,519
Website: http://www.pactongold.com
Address: Pacton Gold Inc.
200 Burrard Street,
Suite 1680,
Vancouver,
British Columbia, V6C 3L6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PAC Common Shares TSX Venture Exchange CA CAD 16. Jul 2012
OTCPK PACX.F Common Shares Pink Sheets LLC US USD 16. Jul 2012
DB 2NKN Common Shares Deutsche Boerse AG DE EUR 16. Jul 2012
Number of employees
Current staff
Staff numbers
0
Pacton Gold employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/16 02:35
End of day share price update: 2019/05/15 00:00
Last earnings filing: 2019/04/29
Last earnings reported: 2019/02/28
Last annual earnings reported: 2018/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.