OTCPK:PUBC

Stock Analysis Report

Executive Summary

Purebase Corporation, an industrial mineral and natural resource company, provides solutions to the agriculture and construction materials markets.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

75.0%

PUBC

1.1%

US Metals and Mining

0.06%

US Market


1 Year Return

244.3%

PUBC

-1.9%

US Metals and Mining

19.3%

US Market

Return vs Industry: PUBC exceeded the US Metals and Mining industry which returned -1.9% over the past year.

Return vs Market: PUBC exceeded the US Market which returned 19.3% over the past year.


Shareholder returns

PUBCIndustryMarket
7 Day75.0%1.1%0.06%
30 Day0%-3.4%1.7%
90 Day-51.0%0.4%9.0%
1 Year244.3%244.3%0.6%-1.9%21.8%19.3%
3 Year40.0%40.0%-0.8%-6.1%49.5%39.9%
5 Year-91.3%-91.3%20.9%11.6%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether PureBase is trading at an attractive price based on the cash flow it is expected to produce in the future. But as PureBase has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of PUBC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through PureBase regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

13.4%

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 PureBase 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

  • Take a look at our analysis of PUBC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 PureBase's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has PureBase performed over the past 5 years?

4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PUBC is currently unprofitable.

Growing Profit Margin: PUBC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PUBC is unprofitable, but has reduced losses over the past 5 years at a rate of 4.4% per year.

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

Earnings vs Industry: PUBC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-17.7%).


Return on Equity

High ROE: PUBC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is PureBase's financial position?


Financial Position Analysis

Short Term Liabilities: PUBC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PUBC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PUBC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PUBC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: PUBC has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: PUBC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PUBC has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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


Next Steps

Management

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

US$120k

CEO Compensation


CEO

Arthur Dockter (62yo)

5.4yrs

Tenure

US$120,000

Compensation

Mr. Arthur Scott Dockter has been the Chief Executive Officer and President of PureBase Corporation (formerly, Port Of Call Online Inc.) since September 24, 2014 and July 31, 2017 respectively. Mr. Dockter ...


CEO Compensation Analysis

Compensation vs Market: Arthur's total compensation ($USD120.00K) is below average for companies of similar size in the US market ($USD521.37K).

Compensation vs Earnings: Arthur's compensation has increased whilst the company is unprofitable.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PureBase Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PureBase Corporation
  • Ticker: PUBC
  • Exchange: OTCPK
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: US$42.496m
  • Shares outstanding: 202.36m
  • Website: https://www.purebase.com

Number of Employees


Location

  • PureBase Corporation
  • 8625 State Highway 124
  • Ione
  • California
  • 95640
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PUBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2014

Biography

Purebase Corporation, an industrial mineral and natural resource company, provides solutions to the agriculture and construction materials markets. It offers Purebase Shade Advantage WP, a natural mineral plant protectant that reduces sunburn damage to plant tissue exposed to UV and infrared radiation; Purebase Soil Advantage, an organic registered granular mineral used to enhance soil water holding capacity, beneficial microbial diversity, and plant nutritional uptake; Purebase Potassium Silicate Sulfate, a potassium silicate sulfate mineral deposit for crops, trees, vines, and turf applications; and Purebase Humate Advantage, a soluable iron leonardite with organic matter, carbon, and fulvic acid content. The company was formerly known as Port of Call Online, Inc. and changed its name to Purebase Corporation in January 2015. Purebase Corporation was incorporated in 2010 is headquartered in Ione, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 02:26
End of Day Share Price2020/02/20 00:00
Earnings2019/08/31
Annual Earnings2018/11/30


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.