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Pelangio Exploration

TSXV:PX
Snowflake Description

Adequate balance sheet with weak fundamentals.

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

Pelangio Exploration Inc., a junior gold exploration company, engages in the acquisition, exploration, and development of mineral properties. The last earnings update was 130 days ago. More info.


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PX Share Price and Events
7 Day Returns
25.9%
TSXV:PX
6.7%
CA Metals and Mining
11.7%
CA Market
1 Year Returns
-42.4%
TSXV:PX
-10.8%
CA Metals and Mining
-26%
CA Market
PX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pelangio Exploration (PX) 25.9% 17.2% 9.7% -42.4% -62.2% -57.5%
CA Metals and Mining 6.7% -8.8% -17.2% -10.8% -19% 2.1%
CA Market 11.7% -21.9% -26.6% -26% -23.6% -17.8%
1 Year Return vs Industry and Market
  • PX underperformed the Metals and Mining industry which returned -10.8% over the past year.
  • PX underperformed the Market in Canada which returned -26% over the past year.
Price Volatility
PX
Industry
5yr Volatility vs Market

Value

 Is Pelangio Exploration 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 Pelangio Exploration. This is due to cash flow or dividend data being unavailable. The share price is CA$0.17.
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 Pelangio Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pelangio Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.04
TSXV:PX Share Price ** TSXV (2020-03-26) in CAD CA$0.17
Canada Metals and Mining Industry PE Ratio Median Figure of 80 Publicly-Listed Metals and Mining Companies 12.11x
Canada Market PE Ratio Median Figure of 498 Publicly-Listed Companies 10.58x

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

** Primary Listing of Pelangio Exploration.

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

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

= 0.17 ÷ -0.04

-4.76x

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

  • Pelangio Exploration is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Pelangio Exploration is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Pelangio Exploration's expected growth come at a high price?
Raw Data
TSXV:PX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.76x
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 40 Publicly-Listed Metals and Mining Companies 0.55x
Canada Market PEG Ratio Median Figure of 235 Publicly-Listed Companies 0.71x

*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 Pelangio Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pelangio Exploration's assets?
Raw Data
TSXV:PX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.01
TSXV:PX Share Price * TSXV (2020-03-26) in CAD CA$0.17
Canada Metals and Mining Industry PB Ratio Median Figure of 1,046 Publicly-Listed Metals and Mining Companies 1.1x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 0.99x
TSXV:PX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.17 ÷ 0.01

27.25x

* Primary Listing of Pelangio Exploration.

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

  • Pelangio Exploration is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Pelangio Exploration'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. Pelangio Exploration 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 Pelangio Exploration 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 Pelangio Exploration 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
11.5%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pelangio Exploration expected to grow at an attractive rate?
  • Unable to compare Pelangio Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pelangio Exploration's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Pelangio Exploration's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PX Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:PX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:PX Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 0 -1 -1
2019-06-30 0 -1 -1
2019-03-31 -1 -1
2018-12-31 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 0 0 -1
2017-06-30 0 0 -1
2017-03-31 0 -1
2016-12-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Pelangio Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Pelangio Exploration 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:PX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pelangio Exploration Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PX Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.04
2019-06-30 -0.04
2019-03-31 -0.04
2018-12-31 -0.05
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.05
2017-12-31 -0.03
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.03
2016-12-31 -0.03

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

Next steps:

  1. Examine Pelangio Exploration'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. Pelangio Exploration'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. Pelangio Exploration'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 Pelangio Exploration'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.
Pelangio Exploration 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 Pelangio Exploration 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 Pelangio Exploration'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.
  • Pelangio Exploration does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Pelangio Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pelangio Exploration's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Pelangio Exploration'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 Pelangio Exploration Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PX Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 -0.01 -1.36 1.26
2019-06-30 -0.01 -1.23 1.17
2019-03-31 -1.19 1.13
2018-12-31 -1.38 1.20
2018-09-30 0.00 -1.36 1.06
2018-06-30 0.00 -1.37 1.00
2018-03-31 -1.12 0.86
2017-12-31 -0.70 0.57
2017-09-30 0.01 -0.53 0.58
2017-06-30 0.01 -0.53 0.61
2017-03-31 -0.64 0.64
2016-12-31 -0.81 0.71
2016-09-30 -0.48 0.37
2016-06-30 -0.49 0.39
2016-03-31 -0.46 0.36
2015-12-31 -0.49 0.39
2015-09-30 -1.19 1.10
2015-06-30 -1.18 1.08
2015-03-31 -1.50 1.38
2014-12-31 -1.58 1.44
2014-09-30 -0.72 2.93
2014-06-30 -1.62 2.91
2014-03-31 -1.54 2.74
2013-12-31 -2.82 2.78
2013-09-30 -3.90 1.13
2013-06-30 -3.29 1.29
2013-03-31 -3.95 1.52

*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 Pelangio Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pelangio Exploration 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 Pelangio Exploration 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 Pelangio Exploration'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.
Pelangio Exploration 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 Pelangio Exploration'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 Pelangio Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pelangio Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pelangio Exploration has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pelangio Exploration'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.
  • Pelangio Exploration 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 Pelangio Exploration Company Filings, last reported 6 months ago.

TSXV:PX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 0.25 0.00 0.74
2019-06-30 0.29 0.00 0.80
2019-03-31 0.65 0.00 1.29
2018-12-31 0.51 0.00 1.14
2018-09-30 -0.24 0.00 0.26
2018-06-30 -0.04 0.00 0.46
2018-03-31 0.25 0.00 0.77
2017-12-31 0.01 0.00 0.58
2017-09-30 -0.10 0.00 0.42
2017-06-30 -0.45 0.00 0.12
2017-03-31 -0.40 0.00 0.10
2016-12-31 -0.33 0.00 0.08
2016-09-30 -0.21 0.00 0.11
2016-06-30 -0.17 0.00 0.13
2016-03-31 -0.09 0.00 0.12
2015-12-31 0.12 0.00 0.26
2015-09-30 -0.03 0.00 0.27
2015-06-30 -0.41 0.00 0.02
2015-03-31 -0.27 0.00 0.04
2014-12-31 -0.05 0.00 0.19
2014-09-30 41.03 0.00 0.61
2014-06-30 40.76 0.00 0.19
2014-03-31 42.09 0.00 0.57
2013-12-31 0.87 0.00 0.96
2013-09-30 43.50 0.00 1.08
2013-06-30 43.96 0.00 1.01
2013-03-31 44.29 0.00 1.68
  • Pelangio Exploration has no debt.
  • Pelangio Exploration has not taken on any debt in the past 5 years.
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.

  • Pelangio Exploration has less than a year of cash runway based on current free cash flow.
  • Pelangio Exploration has less than a year of cash runway if free cash flow continues to reduce at historical rates of -15.2% each year.
X
Financial health checks
We assess Pelangio Exploration'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. Pelangio Exploration 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.

Dividends

 What is Pelangio Exploration'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 Pelangio Exploration dividends.
If you bought CA$2,000 of Pelangio Exploration 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 Pelangio Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pelangio Exploration'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:PX 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 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 4.9%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.8%

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 Pelangio Exploration has not reported any payouts.
  • Unable to verify if Pelangio Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pelangio Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pelangio Exploration 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 Pelangio Exploration's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Pelangio Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pelangio Exploration 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 Pelangio Exploration'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
Ingrid Hibbard
COMPENSATION CA$45,000
AGE 61
TENURE AS CEO 12 years
CEO Bio

Ms. Ingrid J. Hibbard, B.A., L.L.B, serves as Independent Director of Kirkland Lake Gold Ltd. since February 24, 2020. She is the President and Chief Executive Officer of Pelangio Exploration Inc. and it’s Director since February 27, 2008. Ms. Hibbard served as a Director of Detour Gold Corp. since January 31, 2007 until August 29, 2018. Ms. Hibbard has spent her career in the mining industry, beginning with Ingamar Explorations Limited, an exploration company which acquired large tracts of exploration land surrounding Detour Lake. Ms. Hibbard was the Chief Executive Officer of PDX Resources Inc. (formerly Pelangio Mines Inc.) from 1997 to 2009. Ms. Hibbard has played a key role throughout the history of the Detour Lake mine property including as President of Pelangio-Larder Mines Limited which, in 1998, acquired the property under a joint venture with Franco- Nevada Mining Company Limited from Placer Dome (CLA) Ltd. (now Goldcorp) up to Pelangio’s sale of the Detour Lake assets to Detour Gold Corporation in 2007. She has experience spanning all facets of the mineral resources industry. Ms. Hibbard also served on the Board of Lake Shore Gold Inc. from 2016 to 2018. Ms. Hibbard holds a Bachelor of Arts degree and an LL.B from the University of Western Ontario and is called to the Bar in both Ontario and Manitoba. Ms. Hibbard’s law practice focused on mining and securities law, with clients ranging from junior exploration companies to major mining companies.

CEO Compensation
  • Ingrid's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ingrid's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Pelangio Exploration management team in years:

6.3
Average Tenure
  • The average tenure for the Pelangio Exploration management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ingrid Hibbard

TITLE
President
COMPENSATION
CA$45K
AGE
61
TENURE
12 yrs

Paul Rokeby

TITLE
CFO & Treasurer
COMPENSATION
CA$50K
TENURE
11.5 yrs

Kevin Thomson

TITLE
Senior VP of Exploration & Director
AGE
59
TENURE
0.3 yrs

Kevin Filo

TITLE
Vice-President of Corporate Development
TENURE
1.2 yrs

Andrew Todd

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure and age of the Pelangio Exploration board of directors in years:

2.3
Average Tenure
69
Average Age
  • The average tenure for the Pelangio Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors

Carl Nurmi

TITLE
Chairman of the Board
AGE
82
TENURE
5.2 yrs

Ingrid Hibbard

TITLE
President
COMPENSATION
CA$45K
AGE
61
TENURE
12 yrs

Kevin Thomson

TITLE
Senior VP of Exploration & Director
AGE
59
TENURE
2.8 yrs

Dave Mosher

TITLE
Independent Director
AGE
73
TENURE
12 yrs

Philip Olson

TITLE
Member of Advisory Committee
AGE
69
TENURE
2.3 yrs

Ian Shaw

TITLE
Member of Advisory Committee
AGE
79
TENURE
1 yrs

Dave Paxton

TITLE
Independent Director
AGE
65
TENURE
2.3 yrs

J.C. St-Amour

TITLE
Independent Director
TENURE
1 yrs

Laurie Clark

TITLE
Member of Advisory Committee
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Dec 19 Buy Ingrid Hibbard Individual 20. Dec 19 20. Dec 19 112,617 CA$0.15 CA$16,893
12. Nov 19 Buy Ingrid Hibbard Individual 11. Nov 19 11. Nov 19 71,000 CA$0.12 CA$8,520
30. Aug 19 Buy Ingrid Hibbard Individual 28. Aug 19 28. Aug 19 44,000 CA$0.16 CA$7,040
14. Aug 19 Buy Jean St-Amour Individual 12. Aug 19 12. Aug 19 110,000 CA$0.14 CA$15,400
14. Aug 19 Buy Ingrid Hibbard Individual 12. Aug 19 12. Aug 19 290,833 CA$0.15 CA$42,050
X
Management checks
We assess Pelangio Exploration'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. Pelangio Exploration 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

Can We See Significant Insider Ownership On The Pelangio Exploration Inc. (CVE:PX) Share Register?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … View our latest analysis for Pelangio Exploration TSXV:PX Ownership Summary, July 23rd 2019 What Does The Institutional Ownership Tell Us About Pelangio Exploration? … Insider Ownership Of Pelangio Exploration The definition of company insiders can be subjective, and does vary between jurisdictions.

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Some Pelangio Exploration (CVE:PX) Shareholders Have Copped A Big 63% Share Price Drop

See our latest analysis for Pelangio Exploration We don't think Pelangio Exploration's revenue of CA$14,850 is enough to establish significant demand. … For example, investors may be hoping that Pelangio Exploration finds some valuable resources, before it runs out of money. … It certainly is a dangerous place to invest, as Pelangio Exploration investors might realise.

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Is Pelangio Exploration Inc's (CVE:PX) CEO Paid At A Competitive Rate?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability

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What You Must Know About Pelangio Exploration Inc's (CVE:PX) Major Investors

In this analysis, my focus will be on developing a perspective on Pelangio Exploration Inc’s (CVE:PX) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … See our latest analysis for Pelangio Exploration

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Pelangio Exploration Inc (TSXV:PX): Does -8.6% EPS Decline Lately Make It An Underperformer?

Assessing Pelangio Exploration Inc’s (TSXV:PX) performance as a company requires looking at more than just a years’ earnings data. … Below, I will run you through a simple sense check to build perspective on how Pelangio Exploration is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its metals and mining industry peers. … For Pelangio Exploration, the most recent twelve-month earnings -CA$1M, which, in comparison to the prior year’s level, has become more negative.

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Basic Materials Stocks: Is Now The Time To Buy Pelangio Exploration Inc (TSXV:PX)?

Pelangio Exploration Inc (TSXV:PX), a CADCA$9.88M 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. … If your initial investment thesis is around the growth prospects of PX, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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Why Pelangio Exploration Inc's (TSXV:PX) Investor Composition Impacts Your Returns

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in PX should also look at another important group of investors: private companies, with a stake of 0.64%, who are primarily invested because of strategic and capital gain interests. … Institutional ownership in PX is not at a level that would concern investors.

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Company Info

Description

Pelangio Exploration Inc., a junior gold exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interest in various gold properties in Canada and Ghana. The company was incorporated in 2008 and is headquartered in Toronto, Canada.

Details
Name: Pelangio Exploration Inc.
PX
Exchange: TSXV
Founded: 2008
CA$7,103,444
41,784,965
Website: http://www.pelangio.com
Address: Pelangio Exploration Inc.
82 Richmond Street,
Toronto,
Ontario, M5C 1P1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PX Common Shares TSX Venture Exchange CA CAD 10. Sep 2008
OTCPK PGXP.F Common Shares Pink Sheets LLC US USD 10. Sep 2008
DB 67P1 Common Shares Deutsche Boerse AG DE EUR 10. Sep 2008
Number of employees
Current staff
Staff numbers
0
Pelangio Exploration employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 03:39
End of day share price update: 2020/03/26 00:00
Last earnings filing: 2019/11/21
Last earnings reported: 2019/09/30
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.