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Provenance Gold

CNSX:PAU
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PAU
CNSX
CA$7M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in Canada. The last earnings update was 115 days ago. More info.


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  • Provenance Gold has significant price volatility in the past 3 months.
PAU Share Price and Events
7 Day Returns
15.2%
CNSX:PAU
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
-2.6%
CNSX:PAU
18.6%
CA Metals and Mining
-0.4%
CA Market
PAU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Provenance Gold (PAU) 15.2% 40.7% 5.6% -2.6% - -
CA Metals and Mining -0.4% -0.5% 6.3% 18.6% -15.9% -3.2%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • PAU underperformed the Metals and Mining industry which returned 18.6% over the past year.
  • PAU underperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Provenance 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 Provenance Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.19.
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 Provenance Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Provenance Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:PAU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.01
CNSX:PAU Share Price ** CNSX (2019-09-19) in CAD CA$0.19
Canada Metals and Mining Industry PE Ratio Median Figure of 100 Publicly-Listed Metals and Mining Companies 13.9x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

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

** Primary Listing of Provenance Gold.

CNSX:PAU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:PAU Share Price ÷ EPS (both in CAD)

= 0.19 ÷ -0.01

-19.77x

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

  • Provenance Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Provenance Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Provenance Gold's expected growth come at a high price?
Raw Data
CNSX:PAU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 32 Publicly-Listed Metals and Mining Companies 0.98x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*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 Provenance Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Provenance Gold's assets?
Raw Data
CNSX:PAU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.03
CNSX:PAU Share Price * CNSX (2019-09-19) in CAD CA$0.19
Canada Metals and Mining Industry PB Ratio Median Figure of 1,097 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:PAU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:PAU Share Price ÷ Book Value per Share (both in CAD)

= 0.19 ÷ 0.03

5.7x

* Primary Listing of Provenance Gold.

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

  • Provenance Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Provenance 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. Provenance Gold has a total score of 0/6, 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.

Future Performance

 How is Provenance 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 Provenance 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
34.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Provenance Gold expected to grow at an attractive rate?
  • Unable to compare Provenance Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Provenance Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Provenance Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:PAU Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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
CNSX:PAU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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.
CNSX:PAU Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 -1 0
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Provenance Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Provenance 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
CNSX:PAU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Provenance Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PAU Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00

*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 Provenance Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PAU’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.
  2. Provenance 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. Provenance Gold's competitive advantages and company strategy can generally be found in its financial reports archived 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 Provenance 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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
Provenance 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.

Past Performance

  How has Provenance 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 Provenance 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.
  • Provenance Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Provenance Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Provenance Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Provenance 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 Provenance Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PAU Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -0.32 0.29
2018-12-31 -0.30 0.28
2018-09-30 -0.31 0.28
2018-06-30 -0.32 0.28
2018-03-31 -0.32 0.29
2017-12-31 -0.33 0.29
2017-09-30 -0.23 0.22
2017-06-30 -0.16 0.16
2017-03-31 -0.09 0.08
2016-12-31 -0.03 0.02
2016-09-30 -0.03 0.02
2016-06-30 -0.03 0.02
2016-03-31 -0.03 0.01
2015-12-31 -0.03 0.01
2015-09-30 -0.03 0.01
2015-06-30 -0.03 0.01
2015-03-31 -0.03 0.01
2014-12-31 -0.02 0.01
2014-09-30 -0.07 0.02
2014-06-30 -0.08 0.03
2014-03-31 -0.08 0.03
2013-12-31 -0.10 0.05
2012-12-31 -0.04 0.04

*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 Provenance 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 Provenance Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Provenance 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 Provenance 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.
Provenance 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.

Health

 How is Provenance 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 Provenance Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Provenance Gold's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Provenance Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Provenance 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.
  • Provenance 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 Provenance Gold Company Filings, last reported 5 months ago.

CNSX:PAU Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1.20 0.00 0.05
2018-12-31 1.27 0.00 0.04
2018-09-30 0.84 0.00 0.03
2018-06-30 0.88 0.00 0.20
2018-03-31 0.04 0.21 0.07
2017-12-31 0.10 0.21 0.07
2017-09-30 0.39 0.21 0.09
2017-06-30 0.02 0.21 0.07
2017-03-31 0.04 0.21 0.13
2016-12-31 -0.24 0.17 0.00
2016-09-30 -0.23 0.13 0.00
2016-06-30 -0.23 0.13 0.00
2016-03-31 -0.22 0.13 0.00
2015-12-31 -0.21 0.16 0.00
2015-09-30 -0.20 0.12 0.00
2015-06-30 -0.19 0.12 0.00
2015-03-31 -0.19 0.12 0.00
2014-12-31 -0.18 0.11 0.00
2014-09-30 -0.17 0.11 0.00
2014-06-30 -0.16 0.11 0.00
2014-03-31 -0.16 0.10 0.00
2013-12-31 -0.15 0.10 0.00
2012-12-31 -0.01 0.00 0.00
  • Provenance Gold has no debt.
  • Provenance Gold currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Provenance Gold has less than a year of cash runway based on current free cash flow.
  • Provenance Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 64.8% each year.
X
Financial health checks
We assess Provenance 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. Provenance Gold has a total score of 3/6, 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.

Dividends

 What is Provenance 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 Provenance Gold dividends.
If you bought CA$2,000 of Provenance Gold shares you are expected to receive CA$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 Provenance Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Provenance 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
CNSX:PAU 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
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

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 Provenance Gold has not reported any payouts.
  • Unable to verify if Provenance Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Provenance Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Provenance 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 Provenance Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Provenance Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Provenance 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.

Management

 What is the CEO of Provenance 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
Rauno Perttu
COMPENSATION CA$75,096
AGE 72
TENURE AS CEO 2.7 years
CEO Bio

Mr. Rauno Perttu has been Chairman and Chief Executive Officer at Provenance Gold Corp. (formerly Sparx Energy Corp.) since January 16, 2017. Mr. Perttu serves as Chief Executive Officer of Strategic Minerals, Inc. He serves as Project Geologist at LKA Gold Incorporated. He served as Chief Geologist and special advisor of LKA Gold Incorporated. He is the Co-Founder, Chairman and Chief Executive Officer at Provenance Gold Corp. He has 40 years experience in all phases of metals and minerals exploration, evaluation and project development. He has evaluated companies for acquisition and commodities for diversification. He served as the Chief Operating Officer of Dutch Gold Resources, Inc. since December 30, 2009 until October 7, 2013 and served as its President. He served as Chief Executive Officer and President of Shamika 2 Gold, Inc. since January 22, 2007 and Interim Chief Financial Officer since October 12, 2007. Mr. Perttu served as Vice Chairman of Dutch Gold Resources, Inc. until October 7, 2013. He served as the Chief Executive Officer and President of Aultra Gold, Inc., since January 22, 2007. Mr. Perttu served as an Interim Chief Financial Officer and Acting Principal Accounting Officer of Aultra Gold, Inc. since November 6, 2007. He served as Secretary of Aultra Gold, Inc. from January 22, 2007 to October 12, 2007. At the Kennecott Corporation, he served as a Senior Geologist, Coal Manager and Director of Business Development. Before Kennecott, Mr. Perttu held senior geologist positions at Gulf Minerals, Resources International and Pacific Power and Light Company. He served as a Consultant, initiating and managing exploration and development programs in North America, Chile, Columbia and Venezuela. He has been involved in the discovery of gold and silver deposits in Montana, Utah and Nevada. He has directed and evaluated numerous projects in North and South America involving gold, molybdenum, coal, uranium and industrial minerals. Mr. Perttu has managed modest sized to major projects and programs from the initial conceptual stage through all the subsequent steps, including discovery, acquisition and determination of economic feasibility, development and production. He served as a Director of Shamika 2 Gold, Inc. since January 22, 2007. He served as a Director of Dutch Gold Resources, Inc. since December 30, 2009 until October 7, 2013. Mr. Perttu served as Director of Aultra Gold, Inc. since January 22, 2007. He holds B.A. and MSc degrees in Geology and is a registered engineering geologist in Oregon.

CEO Compensation
  • Rauno's compensation has increased whilst company is loss making.
  • Rauno's remuneration is lower than average for companies of similar size in Canada.
Management Team

Rauno Perttu

TITLE
Co-Founder
COMPENSATION
CA$75K
AGE
72
TENURE
2.7 yrs

Rob Clark

TITLE
Co-Founder
COMPENSATION
CA$113K
AGE
47
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the Provenance Gold board of directors in years:

2.7
Average Tenure
59
Average Age
  • The average tenure for the Provenance Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rauno Perttu

TITLE
Co-Founder
COMPENSATION
CA$75K
AGE
72
TENURE
2.7 yrs

Rob Clark

TITLE
Co-Founder
COMPENSATION
CA$113K
AGE
47
TENURE
2.7 yrs

Tom Crom

TITLE
Independent Director
AGE
63
TENURE
2.7 yrs

Thomas Walter Martin

TITLE
Independent Director
AGE
55
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Provenance Gold individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Aug 19 Buy Robert Clark Individual 26. Aug 19 26. Aug 19 7,500 CA$0.10 CA$750
X
Management checks
We assess Provenance 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. Provenance 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.

News

Simply Wall St News

Are Insiders Buying Provenance Gold Corp. (CNSX:PAU) Stock?

Provenance Gold Insider Transactions Over The Last Year … Over the last year, we can see that the biggest insider purchase was by Independent Director Thomas Walter Martin for CA$105k worth of shares, at about CA$0.10 per share … The insider buying may not tell us much about how insiders feel about the current share price.

Simply Wall St -

Company Info

Description

Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in Canada. The company explores for gold and silver. It holds an option to acquire a 100% interest in the 2K gold property with 149 quartz mining claims located in the Moosehorn Range in Yukon, Canada; and an option to acquire 100% interest in Silver Bow property with 73 mineral claims and 10 claims in Golden Ridge Property located in Nevada. The company was formerly known as Sparx Energy Corp. and changed its name to Provenance Gold Corp. in January 2017. Provenance Gold Corp. was incorporated in 2012 and is based in Vancouver, Canada.

Details
Name: Provenance Gold Corp.
PAU
Exchange: CNSX
Founded: 2012
CA$6,826,535
35,929,134
Website: http://www.provenancegold.com
Address: Provenance Gold Corp.
885 West Georgia Street,
Suite 2200,
Vancouver,
British Columbia, V6C 3E8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX PAU Common Shares Canadian National Stock Exchange CA CAD 12. Oct 2017
DB 3PG Common Shares Deutsche Boerse AG DE EUR 12. Oct 2017
Number of employees
Current staff
Staff numbers
0
Provenance Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:23
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.