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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Pasinex Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Pasinex Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Pasinex Resources 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Pasinex Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Pasinex Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Pasinex Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Pasinex Resources is high growth as no earnings estimate data is available.
Unable to determine if Pasinex Resources 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.
Pasinex Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Pasinex Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Pasinex Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Pasinex Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Pasinex Resources'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.4x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Steven Robert Williams, also known as Steve, MBA, has been the Chief Executive Officer and President of Pasinex Resources Limited since April 23, 2012 and March 2010 respectively. Mr. Williams served as an Executive of Equitas Resources Corp. He served as the Managing Director of SGS Canada Inc. for 20 years. He was responsible for overseeing the overall profitability of the business which has over 1200 employees at 40 locations. His project experience includes Cu, Au, Ni and polymetallics and project work for companies such as Falconbridge, Freeport McMoran and Inmet Mining both in Canada and internationally. He served as Chairman of Pasinex Resources Limited. He has been a Director of Pasinex Resources Limited since March 28, 2010. He served as a Director of Equitas Resources Corp. (formerly Trivello Energy Corp.) since June 16, 2010 until February 13, 2015. He is a noted author of several publications and distinguished lecturer in the field of Metallurgy. He is a metallurgist, a Fellow of the Canadian Institute of Mining, Metallurgy and Petroleum. Mr. Williams holds a Bachelor of Applied Science in Extractive Metallurgy from the Western Australian School of Mines and a Masters of Business Administration from Tulane University.
Steve's compensation has increased whilst company is loss making.
Steve's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Pasinex Resources management team is about average.
CEO, President & Director
Chief Financial Officer
Manager of Corporate Communications
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Pasinex Resources board of directors is about average.
Board of Directors
Chairman of the Board
CEO, President & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Pasinex Resources Limited acquires, explores for, and develops mineral properties. The company explores for zinc, lead, silver, and copper deposits. It holds a 50% interest in the Pinargozu zinc mine located in Adana Province, Turkey. The company also holds an option to acquire 80% interest in the Spur zinc exploration project in Nevada. Pasinex Resources Limited was incorporated in 2006 and is headquartered in Toronto, Canada.
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