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Philippine Metals

TSXV:PHI
Snowflake Description

Worrying balance sheet with weak fundamentals.

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

Philippine Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and the Philippines. The last earnings update was 21 days ago. More info.


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PHI Share Price and Events
7 Day Returns
0%
TSXV:PHI
1.6%
CA Metals and Mining
1.6%
CA Market
1 Year Returns
23.1%
TSXV:PHI
21.6%
CA Metals and Mining
-0.3%
CA Market
PHI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Philippine Metals (PHI) 0% 0% 0% 23.1% 33.3% 33.3%
CA Metals and Mining 1.6% 1.7% 10.5% 21.6% -12.3% -1.5%
CA Market 1.6% 4.1% 1.1% -0.3% 8.6% 4.1%
1 Year Return vs Industry and Market
  • PHI outperformed the Metals and Mining industry which returned 21.6% over the past year.
  • PHI outperformed the Market in Canada which returned -0.3% over the past year.
Price Volatility
PHI
Industry
5yr Volatility vs Market

Value

 Is Philippine Metals 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.

In this section, we usually try to help investors determine whether Philippine Metals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Philippine Metals 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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Philippine Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Philippine Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Philippine Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PHI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.01
TSXV:PHI Share Price ** TSXV (2019-06-21) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 100 Publicly-Listed Metals and Mining Companies 14.75x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.21x

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

** Primary Listing of Philippine Metals.

TSXV:PHI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.08 ÷ -0.01

-5.55x

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

  • Philippine Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Philippine Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Philippine Metals's expected growth come at a high price?
Raw Data
TSXV:PHI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.55x
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 0.96x

*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 Philippine Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Philippine Metals's assets?
Raw Data
TSXV:PHI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.00
TSXV:PHI Share Price * TSXV (2019-06-21) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,098 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,455 Publicly-Listed Companies 1.45x
TSXV:PHI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 0.00

-29.39x

* Primary Listing of Philippine Metals.

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

  • Philippine Metals has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of PHI’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. 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 Philippine Metals's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Philippine Metals'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. Philippine Metals 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 Philippine Metals 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 Philippine Metals 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
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Philippine Metals expected to grow at an attractive rate?
  • Unable to compare Philippine Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Philippine Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Philippine Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PHI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
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
TSXV:PHI 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.
TSXV:PHI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 0
2019-03-31 0 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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Philippine Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Philippine Metals 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
TSXV:PHI 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 Philippine Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PHI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.01
2019-03-31 -0.02
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 0.02
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 -0.05

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

Next steps:

  1. Take a look at our analysis of PHI’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. Philippine Metals'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. Philippine Metals'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 Philippine Metals'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.
Philippine Metals 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 Philippine Metals 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 Philippine Metals'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.
  • Philippine Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Philippine Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Philippine Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Philippine Metals'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 Philippine Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PHI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 -0.21 0.10
2019-03-31 -0.21 0.10
2018-12-31 -0.17 0.12
2018-09-30 -0.19 0.14
2018-06-30 -0.30 0.24
2018-03-31 -0.08 0.23
2017-12-31 -0.05 0.26
2017-09-30 0.01 0.28
2017-06-30 0.08 0.25
2017-03-31 -0.15 0.28
2016-12-31 -0.17 0.27
2016-09-30 -0.26 0.28
2016-06-30 -0.24 0.23
2016-03-31 -0.29 0.23
2015-12-31 -0.36 0.31
2015-09-30 -0.44 0.36
2015-06-30 -0.54 0.44
2015-03-31 -0.56 0.49
2014-12-31 -0.54 0.44
2014-09-30 -0.52 0.45
2014-06-30 -0.45 0.46
2014-03-31 -0.51 0.50
2013-12-31 -4.79 0.55
2013-09-30 -4.92 0.63
2013-06-30 -5.07 0.68
2013-03-31 -5.14 0.72
2012-12-31 -0.37 0.78
2012-09-30 -0.41 0.78

*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 Philippine Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Philippine Metals 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 Philippine Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Philippine Metals'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.
Philippine Metals 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 Philippine Metals'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 Philippine Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Philippine Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Philippine Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Philippine Metals'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.
  • Low level of unsold assets.
  • Philippine Metals has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Philippine Metals Company Filings, last reported 2 months ago.

TSXV:PHI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -0.04 0.00 0.04
2019-03-31 -0.02 0.00 0.06
2018-12-31 0.02 0.00 0.09
2018-09-30 0.04 0.00 0.10
2018-06-30 -0.23 0.10 0.04
2018-03-31 -0.21 0.10 0.05
2017-12-31 -0.15 0.10 0.08
2017-09-30 -0.10 0.10 0.10
2017-06-30 -0.06 0.10 0.07
2017-03-31 -0.48 0.30 0.02
2016-12-31 -0.41 0.30 0.02
2016-09-30 -0.43 0.39 0.03
2016-06-30 -0.36 0.30 0.04
2016-03-31 -0.33 0.30 0.05
2015-12-31 -0.21 0.30 0.05
2015-09-30 -0.17 0.25 0.04
2015-06-30 -0.12 0.25 0.15
2015-03-31 -0.03 0.00 0.02
2014-12-31 0.12 0.00 0.18
2014-09-30 0.27 0.00 0.33
2014-06-30 0.42 0.00 0.46
2014-03-31 0.53 0.00 0.59
2013-12-31 0.65 0.00 0.68
2013-09-30 0.79 0.00 0.82
2013-06-30 0.88 0.00 0.92
2013-03-31 1.04 0.00 1.10
2012-12-31 5.45 0.00 1.31
2012-09-30 5.71 0.00 1.57
  • Philippine Metals has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Philippine Metals's debt level has increased considering it has negative shareholder equity.
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.

  • Philippine Metals has less than a year of cash runway based on current free cash flow.
  • Philippine Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.9% each year.
X
Financial health checks
We assess Philippine Metals'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. Philippine Metals has a total score of 1/6, 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 Philippine Metals'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 Philippine Metals dividends.
If you bought CA$2,000 of Philippine Metals 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 Philippine Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Philippine Metals'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
TSXV:PHI 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 Philippine Metals has not reported any payouts.
  • Unable to verify if Philippine Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Philippine Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Philippine Metals 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 Philippine Metals'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 Philippine Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Philippine Metals 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 Philippine Metals'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
Scott Lindsay
COMPENSATION CA$40,000
AGE 53
CEO Bio

Mr. Craig Thomas Lindsay, also known as Scott, MBA, CFA, has been the Chief Executive Officer of Philippine Metals Inc. since December 6, 2012. Mr. Lindsay served as a Secretary of Rebel Capital Inc. He serves as Managing Director of Arbutus Grove Capital Corp. Mr. Lindsay serves as the President of Arbutus Grove Capital Corp. and served as its Managing Director. Mr. Lindsay has been Chief Executive Officer, President and Secretary of Otis Gold Corp. since April 24, 2007. Mr. Lindsay has in excess of 20 years' experience in corporate finance, investment banking and business development in both North America and Asia. Mr. Lindsay founded and served as Chief Executive Officer and President of Magnum Uranium Corp. since October 14, 2005. Mr. Lindsay served as the Chief Executive Officer and President at Fura Gems Inc. since January 27, 2012 until December 14, 2012. Mr. Lindsay was Founder of Malaspina Capital Ltd., a junior capital pool company and was responsible for indentifying its merger with Miranda Mining Corp. He served as Chief Financial Officer of Otis Gold Corp. since April 24, 2007. He was a co-founder and Chief Financial Officer of OneAsia.com, an innovative B2C internet retailer of Asian language entertainment products, which was acquired by tom.com Limited, a company associated with Hutchinson Whampoa Ltd. He served as the Chief Executive Officer of American Eagle Energy Inc. since March 2007. Mr. Lindsay served as the President and Chief Financial Officer of American Eagle Energy, Inc. from March 2007 to September 9, 2008 and also served as Principal Accounting Officer. From October 1995 to January 2001, he served as a Partner at The Pacific Rim Group, a merchant banking and financial advisory firm. From August 2001 to September 2006, he served as Vice President in the Corporate Finance and Investment Banking Group at PricewaterhouseCoopers LLP. Mr. Lindsay has in excess of 20 years experience in corporate finance, investment banking and business development in both North America and Asia. He has been a Director at Alianza Minerals Ltd. since November 3, 2008. He has been Director at Magnum Uranium Corp. since October 14, 2005. He has been a Director of Philippine Metals Inc. since June 6, 2011 and Otis Gold Corp. since April 24, 2007. He serves as an Independent Director of Rebel Capital Inc. since September 16, 2016. He served as a Director of Archer Petroleum Corp since May 14, 2012 until February 26, 2016. He served as a Director of Fura Gems Inc. from April 11, 2011 to December 14, 2012. He served as a Director of American Eagle Energy, Inc. from March 15, 2007 to September 09, 2008. He serves as the President of the Hong Kong Canada Business Association, Vancouver Section and a Director of the Association's National Board. He was the Chairman of the Family Services of Greater Vancouver. Mr. Lindsay holds a Bachelor of Commerce from University of British Columbia in 1988, a Masters of Business Administration in Finance and International Business from Dalhousie University in 1993 and is a Chartered Financial Analyst.

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

Scott Lindsay

TITLE
Chairman & CEO
COMPENSATION
CA$40K
AGE
53

Far Farris

TITLE
President & Director
COMPENSATION
CA$40K
AGE
47
TENURE
4.7 yrs

Janet Bates

TITLE
Chief Financial Officer
TENURE
2.1 yrs

Dan Kenney

TITLE
Corporate Secretary
AGE
49
Board of Directors Tenure

Average tenure and age of the Philippine Metals board of directors in years:

3.4
Average Tenure
53
Average Age
  • The tenure for the Philippine Metals board of directors is about average.
Board of Directors

Scott Lindsay

TITLE
Chairman & CEO
COMPENSATION
CA$40K
AGE
53

Far Farris

TITLE
President & Director
COMPENSATION
CA$40K
AGE
47
TENURE
9.5 yrs

Terry Lyons

TITLE
Member of Advisory Committee
AGE
69

Blair McIntyre

TITLE
Director
TENURE
4.4 yrs

Paul Bains

TITLE
Director
TENURE
2.3 yrs

Tracy Cairns

TITLE
Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Philippine Metals 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$) Value (CA$)
19. Aug 19 Buy Arbutus Grove Capital Corp. Company 19. Aug 19 19. Aug 19 75,000 CA$0.07 CA$5,250
14. Aug 19 Buy Tracy Cairns Individual 14. Aug 19 14. Aug 19 75,000 CA$0.07 CA$5,250
05. Feb 19 Buy Ascenta Asset Management Limited Company 04. Feb 19 05. Feb 19 10,000 CA$0.04 CA$400
28. Jan 19 Buy Ascenta Asset Management Limited Company 28. Jan 19 28. Jan 19 96,000 CA$0.05 CA$3,870
24. Sep 18 Buy Marshall Farris Individual 24. Sep 18 24. Sep 18 50,000 CA$0.07 CA$3,250
X
Management checks
We assess Philippine Metals'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. Philippine Metals 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

How Philippine Metals Inc. (CVE:PHI) Can Impact Your Portfolio Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … What this means for you: One potential advantage of owning low beta stocks like Philippine Metals is that your overall portfolio won't be too sensitive to overall market movements.

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What Type Of Shareholder Owns Philippine Metals Inc.'s (CVE:PHI)?

If you want to know who really controls Philippine Metals Inc. … Philippine Metals is not a large company by global standards. … Check out our latest analysis for Philippine Metals

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Who Are The Largest Shareholders In Philippine Metals Inc (CVE:PHI)?

In this article, I'm going to take a look at Philippine Metals Inc’s (CVE:PHI) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … View out our latest analysis for Philippine Metals

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Why Philippine Metals Inc's (CVE:PHI) Ownership Structure Is Important

In this analysis, my focus will be on developing a perspective on Philippine Metals Inc’s (TSXV:PHI) latest ownership structure, a less discussed, but important factor. … See our latest analysis for Philippine Metals TSXV:PHI Ownership_summary Mar 7th 18 Insider Ownership Another important group of shareholders are company insiders. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses.

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November Insights Into Basic Materials Stocks: Philippine Metals Inc (TSXV:PHI)

Philippine Metals Inc (TSXV:PHI), a CADCA$727.27K small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … Furthermore, the basic materials sector can be affected by shifts in the housing market, as many produced raw materials are components of construction projects. … TSXV:PHI PE PEG Gauge Nov 7th 17 The metals and mining industry is trading at a PE ratio of 11x, lower than the rest of the Canadian stock market PE of 17x.

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Company Info

Description

Philippine Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and the Philippines. It focuses on copper and gold deposits. The company is headquartered in Vancouver, Canada.

Details
Name: Philippine Metals Inc.
PHI
Exchange: TSXV
Founded:
CA$1,609,467
20,118,338
Website: http://www.philippinemetals.com
Address: Philippine Metals Inc.
625 Howe Street,
Suite 580,
Vancouver,
British Columbia, V6C 2T6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PHI Common Shares TSX Venture Exchange CA CAD 08. Apr 2010
OTCPK PHIX.F Common Shares Pink Sheets LLC US USD 08. Apr 2010
BST PM7A Common Shares Boerse-Stuttgart DE EUR 08. Apr 2010
Number of employees
Current staff
Staff numbers
0
Philippine Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/19 00:21
End of day share price update: 2019/06/21 00:00
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/03/31


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.