PROBE METALS INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.42
Market capitalization 264.46M
Operating cash flow -17.14M
ESG Scores unknown

Company description

Probe Metals Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 43,638 hectares located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims located in north of Rouyn-Noranda, Quebec; and Casa-Cameron project comprising 308 claims covering an area of approximately 169 square kilometers. The company was formerly known as 2450260 Ontario Inc. and changed its name to Probe Metals Inc. in February 2015. Probe Metals Inc. was incorporated in 2015 and is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Change To Liabilities 209.59k -139.58k 70.71k -79.44k
Total Cashflows From Investing Activities -1.12M -10.06M 10.44M 468.57k
Net Borrowings -26.45k -26.45k -158.7k -159.49k
Total Cash From Financing Activities 13.3M 23.15M 15.68M 10.08M
Change To Operating Activities 10.3k -27.53k 31.98k -33.69k
Issuance Of Stock 14.26M 24.69M 17.05M 10.89M
Net Income -10.51M -20.42M -4.96M -14.62M
Change In Cash -4.89M -3.99M 17.16M -3.96M
Effect Of Exchange Rate
Total Cash From Operating Activities -17.06M -17.08M -8.96M -14.51M
Depreciation 83k 133.77k 150.82k 144.83k
Change To Account Receivables -911.47k 477.91k 357.45k -277.47k
Other Cashflows From Financing Activities -959.26k -1.52M -1.22M -648.21k
Change To Netincome -5.94M 2.9M -4.61M 210.63k
Capital Expenditures -519.62k -44.65k -4.9k -146.94k

Income Statement 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Research Development
Income Before Tax -10.51M -20.42M -5.96M -14.62M
Net Income -10.51M -20.42M -4.96M -14.62M
Selling General Administrative 4.15M 4.17M 3.41M 5.56M
Gross Profit
Ebit -15.05M -19.78M -11.2M -20.23M
Operating Income -15.05M -19.78M -11.2M -20.23M
Interest Expense -23.01k -23.01k -134.45k -122.27k
Income Tax Expense -1M
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 4.53M -638.46k 5.24M 5.62M
Net Income From Continuing Ops -10.51M -20.42M -4.96M -14.62M
Net Income Applicable To Common Shares -10.51M -20.42M -4.96M -14.62M

Balance Sheet Statement 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Total Liabilities 2.92M 4.07M 7.52M 6.09M
Total Stockholder Equity 29.49M 28.47M 34.2M 31.46M
Other Current Liabilities 2.39M 3.39M 6.44M 4.52M
Total Assets 32.41M 32.54M 41.72M 37.55M
Common Stock 74.5M 89.66M 98.2M 106.77M
Other Current Assets
Retained Earnings -54.08M -69.87M -74.77M -86.82M
Treasury Stock 4.6M 2.49M 3.69M 2.28M
Cash 21.52M 17.53M 34.7M 30.74M
Total Current Liabilities 2.92M 3.77M 7.26M 5M
Other Stockholder Equity 4.6M 2.49M 3.69M 2.28M
Property, Plant, and Equipment 922.27k 918.91k 773k 775.11k
Total Current Assets 31.49M 31.62M 40.95M 36.36M
Net Tangible Assets 29.49M 28.47M 34.2M 31.46M
Net Receivables 1.46M 953.73k 1.54M 1.69M
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to PROBE METALS INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Haymann (Basil Anthony)Exercise of options at price 1.19 per share.D2021-09-09Director of Issuer225k
Peterson (Dennis H)Exercise of options at price 1.19 per share.D2021-09-09Director of Issuer225k
Langlois (Patrick)D2021-09-09Senior Officer of Issuer190k
Langlois (Patrick)Exercise of options at price 1.19 per share.D2021-09-09Senior Officer of Issuer225k
McCreary (Gordon A)Exercise of options at price 1.19 per share.D2021-09-09Director of Issuer225k
Dessureault (Yves)Exercise of options at price 1.19 per share.D2021-09-09Senior Officer of Issuer325k
Marrelli (Carmelo)D2021-09-09Senior Officer of Issuer50k
Palmer, David Alexander StephenExercise of options at price 1.19 per share.D2021-09-09Director of Issuer500k
Dessureault (Yves)D2021-09-09Senior Officer of Issuer275k
McCreary (Gordon A)D2021-09-09Director of Issuer225k
Gagnon (Marco)D2021-09-09Director of Issuer190k
Sokalsky (Jamie C)Exercise of options at price 1.19 per share.D2021-09-09Director of Issuer450k
Gagnon (Marco)Exercise of options at price 1.19 per share.D2021-09-09Director of Issuer225k
Marrelli (Carmelo)Exercise of options at price 1.19 per share.D2021-09-09Senior Officer of Issuer50k
Eldorado Gold CorporationD2021-07-2110% Security Holder of Issuer
Eldorado Gold CorporationAcquisition or disposition carried out privately at price 1.25 per share.D2021-07-2110% Security Holder of Issuer15.04M
Newmont CorporationAcquisition or disposition carried out privately at price 1.24 per share.I2021-07-2010% Security Holder of Issuer15.15M
Dessureault (Yves)D2021-06-22Senior Officer of Issuer80.5k
Langlois (Patrick)D2021-06-22Senior Officer of Issuer46k
Palmer, David Alexander StephenD2021-06-22Director of Issuer126.5k
Gagnon (Marco)D2021-06-22Director of Issuer57.5k
Bukacheva (Aleksandra)Acquisition or disposition in the public market at price 1.41 per share.D2021-06-10Director of Issuer26k
Bukacheva (Aleksandra)Acquisition or disposition in the public market at price 1.40 per share.D2021-06-10Director of Issuer4k
Bukacheva (Aleksandra)D2021-06-07Director of Issuer
Marrelli (Carmelo)I2021-06-01Senior Officer of Issuer209.38k
Marrelli (Carmelo)I2021-06-01Senior Officer of Issuer209.38k

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 PROBE METALS INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on PROBE METALS INC

Here is the result of two systematic investment strategies applied to PROBE METALS INC. 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 PROBE METALS INC

The following chart shows the equity curve of the two systematic investment strategies applied to PROBE METALS INC:

PROBE METALS INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 18.22% on the backtest period.

Performance at glance

Performance

18.22 %

Latent gain

409.99 C$

Invested capital

2249.81 C$

Annualized return

4.36 %
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Momentum strategy results on PROBE METALS INC

This is the result of two momentum investment strategies applied to PROBE METALS INC. 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 PROBE METALS INC

The following chart shows all the entries opened by the momentum investment system on PROBE METALS INC:

PROBE METALS INC momentum entries
  • The first momentum investment strategy would give 27.94% of return on PROBE METALS INC. That represents 1815.77C$ of latent gain with 6499.98C$ of employed capital.
  • The second momentum investment strategy would give 26.53% of return on PROBE METALS INC. That represents 1260.51C$ of latent gain with 4750.39C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

27.94 %

Latent gain

1815.77 C$

Invested capital

6499.98 C$

Annualized return

-0.44 %
Performance at glance (2Q Momentum)

Performance

26.53 %

Latent gain

1260.51 C$

Invested capital

4750.39 C$

Annualized return

7.17 %

Momentum equity curve on PROBE METALS INC

The following chart shows the equity curve of the two momentum strategies applied to PROBE METALS INC:

PROBE METALS INC momentum equity

Note: the dividends potentially given by PROBE METALS INC 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 PROBE METALS INC

The following chart shows the employed capital evolution of the two momentum strategies on PROBE METALS INC since the beginning:

PROBE METALS INC

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 PROBE METALS INC

Buy the dip entry openings on PROBE METALS INC

PROBE METALS INC

The performance achieved by the robo-advisor on PROBE METALS INC is -0.96%. That represents -4.78$ of latent gain with 499.23C$ of employed capital. The following chart shows PROBE METALS INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PROBE METALS INC, 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

-0.96 %

Latent gain

-4.78 C$

Invested capital

499.23 C$

Annualized return

-0.44 %

Equity curve of the strategy applied to PROBE METALS INC

The following chart shows the result of the investment strategy applied to PROBE METALS INC:

PROBE METALS INC

Note: the dividends potentially given by PROBE METALS INC 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 PROBE METALS INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on PROBE METALS INC:

PROBE METALS INC

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 PROBE METALS INC

In this section, I will compare the three previous investment strategies applied to PROBE METALS INC.

Equity curve comparison on PROBE METALS INC

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

PROBE METALS INC investment strategy comparison

Employed capital comparison on PROBE METALS INC

PROBE METALS INC investment comparison

Performance comparison on PROBE METALS INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 18.22% 409.99C$ 2249.81C$ 4.36%
Momentum 1 quarter 27.94% 1815.77C$ 6499.98C$ 7.09%
Momentum 2 quarters 26.53% 1260.51C$ 4750.39C$ 7.17%
Non-directional -0.96% -4.78C$ 499.23C$ -0.44%
Annualized return comparison

Automatic investment

4.36 %

Momentum 1Q

7.17 %

Momentum 2Q

7.17 %

Non-directional

-0.44 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PROBE METALS INC:

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 PROBE METALS INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of PROBE METALS INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name PROBE METALS INC
Country Canada
City Toronto
Address 56 Temperance Street
Phone 416 777 6703
Website www.probemetals.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker PRB.XTSX
Market www.tsx.com

PROBE METALS INC 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