PROAM EXPLORATIONS CORPORATION chart

Last update: 2021-02-18
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/AC$ (N/A)
Beta 1.41
Market capitalization 1.15M
Operating cash flow 15.8k
ESG Scores unknown

Company description

ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. The company owns working interests in various oil and gas properties located in Muskingum County, Eastern Ohio; Indiana County, Pennsylvania; Logan County, Arkansas; Oklahoma City, Oklahoma; and Tucker County, West Virginia, and Okotoks, Alberta. It also holds a 100% interest in the Samuel Lake property; and an option to acquire a 100% interest in the Jet property located in Elko County, Nevada. The company is headquartered in North Vancouver, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 8.79k 5.28k -34.85k -12.82k
Total Cashflows From Investing Activities -11.97k -13.74k -192.66k -52.39k
Net Borrowings 40k 40k 40k 20k
Total Cash From Financing Activities 272.42k 272.42k 272.42k 318.08k
Change To Operating Activities 30.64k 52.57k 48.54k 43.06k
Issuance Of Stock 236.95k 236.95k 236.95k 308.4k
Net Income -115.34k -176.92k -144.64k -24.81k
Change In Cash -14.86k -4k 44.63k 272.27k
Effect Of Exchange Rate -2.44k 997 2.48k -9.21k
Total Cash From Operating Activities -447 8.74k -37.6k 15.8k
Depreciation 4.5k 91.03k 54.1k 10.94k
Change To Account Receivables -603 404 434 -579
Other Cashflows From Financing Activities -4.53k -4.53k -4.53k -10.32k
Change To Netincome 71.57k 36.38k 38.82k
Capital Expenditures -11.97k -13.74k -192.66k -36.2k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -115.34k -176.92k -144.64k -24.81k
Net Income -115.34k -176.92k -144.64k -24.81k
Selling General Administrative 42.1k 56.21k 119.42k 40.88k
Gross Profit 2.83k 6.69k 4.32k 30.02k
Ebit -43.78k -140.54k -172.45k -24.81k
Operating Income -43.78k -140.54k -172.45k -24.81k
Interest Expense
Income Tax Expense
Total Revenue 26.41k 29.83k 32.43k 44.37k
Cost Of Revenue 23.58k 23.14k 28.1k 14.35k
Total Other Income ExpenseNet -71.57k -36.38k 27.82k
Net Income From Continuing Ops -115.34k -176.92k -144.64k -24.81k
Net Income Applicable To Common Shares -115.34k -176.92k -144.64k -24.81k

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 171.67k 133.83k 147.12k 171.86k
Total Stockholder Equity 315.67k 260k 474.58k 745.99k
Other Current Liabilities 54.3k 15.91k 31.49k 58.39k
Total Assets 487.34k 393.83k 621.71k 917.85k
Common Stock 8.12M 8.25M 8.56M 8.86M
Other Current Assets -4k
Retained Earnings -9.6M -9.78M -9.93M -9.95M
Treasury Stock 1.8M 1.79M 1.84M 1.83M
Cash 4.95k 947 45.58k 317.85k
Total Current Liabilities 132.11k 99.01k 79.73k 113.81k
Other Stockholder Equity 2.69M 2.68M 2.73M 2.72M
Property, Plant, and Equipment 476.81k 388.11k 550.67k 573.84k
Total Current Assets 10.54k 5.72k 71.03k 327.82k
Net Tangible Assets 315.67k 260k 474.58k 745.99k
Net Receivables 4.58k 4.18k 3.75k 4.32k
Accounts Payable 62.81k 68.09k 33.24k 20.43k


Insider Transactions

Here are the insider transactions of stock shares related to PROAM EXPLORATIONS CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Glencoe Macdonald Holdings LtdAcquisition or disposition carried out privately at price 0.05 per share.D2021-12-3110% Security Holder of Issuer3M
MacDonald (Donald Leo)Acquisition or disposition in the public market at price 0.05 per share.I2021-12-31Senior Officer of Issuer3M
Maureen, MacdonaldAcquisition or disposition carried out privately at price 2374544.88 per share.I2021-12-31Director or Senior Officer of 10% Security Holder3M
Glencoe Macdonald Holdings LtdAcquisition or disposition in the public market at price 0.05 per share.D2021-11-3010% Security Holder of Issuer3M
MacDonald (Donald Leo)Acquisition or disposition in the public market at price 0.05 per share.I2021-11-30Senior Officer of Issuer3M
Maureen, MacdonaldAcquisition or disposition in the public market at price 0.05 per share.I2021-11-30Director or Senior Officer of 10% Security Holder3M
Glencoe Macdonald Holdings LtdAcquisition or disposition in the public market at price 0.05 per share.D2021-11-0910% Security Holder of Issuer100k
MacDonald (Donald Leo)Acquisition or disposition in the public market at price 0.05 per share.I2021-11-09Senior Officer of Issuer100k
Maureen, MacdonaldAcquisition or disposition in the public market at price 0.05 per share.I2021-11-09Director or Senior Officer of 10% Security Holder100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to PROAM EXPLORATIONS CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on PROAM EXPLORATIONS CORPORATION

Here is the result of two systematic investment strategies applied to PROAM EXPLORATIONS CORPORATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on PROAM EXPLORATIONS CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to PROAM EXPLORATIONS CORPORATION:

PROAM EXPLORATIONS CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 136.85% on the backtest period.

Performance at glance

Performance

136.85 %

Latent gain

2737.03 C$

Invested capital

1999.97 C$

Annualized return

31.1 %
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Momentum strategy results on PROAM EXPLORATIONS CORPORATION

This is the result of two momentum investment strategies applied to PROAM EXPLORATIONS CORPORATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on PROAM EXPLORATIONS CORPORATION

The following chart shows all the entries opened by the momentum investment system on PROAM EXPLORATIONS CORPORATION:

PROAM EXPLORATIONS CORPORATION momentum entries
  • The first momentum investment strategy would give 167.28% of return on PROAM EXPLORATIONS CORPORATION. That represents 10872.82C$ of latent gain with 6499.92C$ of employed capital.
  • The second momentum investment strategy would give 179.97% of return on PROAM EXPLORATIONS CORPORATION. That represents 8548.67C$ of latent gain with 4750.01C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

167.28 %

Latent gain

10872.82 C$

Invested capital

6499.92 C$

Annualized return

-14.31 %
Performance at glance (2Q Momentum)

Performance

179.97 %

Latent gain

8548.67 C$

Invested capital

4750.01 C$

Annualized return

45.91 %

Momentum equity curve on PROAM EXPLORATIONS CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to PROAM EXPLORATIONS CORPORATION:

PROAM EXPLORATIONS CORPORATION momentum equity

Note: the dividends potentially given by PROAM EXPLORATIONS CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PROAM EXPLORATIONS CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on PROAM EXPLORATIONS CORPORATION since the beginning:

PROAM EXPLORATIONS CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on PROAM EXPLORATIONS CORPORATION

Buy the dip entry openings on PROAM EXPLORATIONS CORPORATION

PROAM EXPLORATIONS CORPORATION

The performance achieved by the robo-advisor on PROAM EXPLORATIONS CORPORATION is -34.34%. That represents -171.73$ of latent gain with 500.05C$ of employed capital. The following chart shows PROAM EXPLORATIONS CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PROAM EXPLORATIONS CORPORATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-34.34 %

Latent gain

-171.73 C$

Invested capital

500.05 C$

Annualized return

-14.31 %

Equity curve of the strategy applied to PROAM EXPLORATIONS CORPORATION

The following chart shows the result of the investment strategy applied to PROAM EXPLORATIONS CORPORATION:

PROAM EXPLORATIONS CORPORATION

Note: the dividends potentially given by PROAM EXPLORATIONS CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PROAM EXPLORATIONS CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on PROAM EXPLORATIONS CORPORATION:

PROAM EXPLORATIONS CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on PROAM EXPLORATIONS CORPORATION

In this section, I will compare the three previous investment strategies applied to PROAM EXPLORATIONS CORPORATION.

Equity curve comparison on PROAM EXPLORATIONS CORPORATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

PROAM EXPLORATIONS CORPORATION investment strategy comparison

Employed capital comparison on PROAM EXPLORATIONS CORPORATION

PROAM EXPLORATIONS CORPORATION investment comparison

Performance comparison on PROAM EXPLORATIONS CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 136.85% 2737.03C$ 1999.97C$ 31.1%
Momentum 1 quarter 167.28% 10872.82C$ 6499.92C$ 40.21%
Momentum 2 quarters 179.97% 8548.67C$ 4750.01C$ 45.91%
Non-directional -34.34% -171.73C$ 500.05C$ -14.31%
Annualized return comparison

Automatic investment

31.1 %

Momentum 1Q

45.91 %

Momentum 2Q

45.91 %

Non-directional

-14.31 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PROAM EXPLORATIONS CORPORATION:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between PROAM EXPLORATIONS CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of PROAM EXPLORATIONS CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name PROAM EXPLORATIONS CORPORATION
Country Canada
City North Vancouver
Address 867 West 3rd Street
Phone
Website
FullTime employees
Industry Oil & Gas E&P
Sector Energy
Exchange XTSX
Ticker PMX.XTSX
Market www.tsx.com

PROAM EXPLORATIONS CORPORATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown