PME : Sentry Select Primary Metals Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Sentry Select Primary Metals Corp trades with the ticker PME on the TSX and is in the Gold industry.

Overview
Sentry Select Primary Metals Corp. is an open ended equity mutual fund launched and managed by CI Investments Inc. The fund invests in the public equity markets across the globe. It invests in the stocks of companies engaged in the production and/or exploration of metal and minerals. The fund invests in stocks of companies across diversified market capitalizations. It invests in value stocks of companies. It employs fundamental analysis, with top-down and bottom-up stock picking approach, focusing on factors like profitability, liquidity, operating and administrative costs, cash flow and management, to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index and a composite benchmark comprising of 50% S&P/TSX Diversified Mining Index and 50% S&P/TSX Global Gold Index. Sentry Select Primary Metals Corp. was formed on April 23, 2007 and is domiciled in Canada.
 

Looking to invest in Sentry Select Primary Metals Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PME.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $28.595MM

PE Ratio: 1.682

Price: 2 (Updated: 3/12/2024 0:47:16)



Sentry Select Primary Metals Corp (PME) vs Competitors in Gold

Lets see how PME.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Sentry Select Primary Metals Corp (PME) vs Barrick Gold Corporation (ABX)
    • PME has higher EPS (1.189 vs 0.97). PME has higher dividend yield (9.1% vs 2.6%). ABX has a higher P/E ratio (21.948 vs 1.682) indicating it’s more expensive.
  • Sentry Select Primary Metals Corp (PME) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 1.189). PME has higher dividend yield (9.1% vs 2.9%). AEM has a higher P/E ratio (14.049 vs 1.682) indicating it’s more expensive.
  • Sentry Select Primary Metals Corp (PME) vs Alamos Gold Inc (AGI)
    • PME has higher EPS (1.189 vs 0.71). PME has higher dividend yield (9.1% vs 0.8%). AGI has a higher P/E ratio (25.408 vs 1.682) indicating it’s more expensive.
  • Sentry Select Primary Metals Corp (PME) vs Galiano Gold Inc (AKG)
    • PME has higher EPS (1.189 vs -0.003). PME has higher dividend yield (9.1% vs 0.0%). AKG has a P/E under 0, indicating PME (P/E 1.682) is in a better position.
  • Sentry Select Primary Metals Corp (PME) vs Alio Gold Inc (ALO)
    • PME has higher EPS (1.189 vs -0.274). PME has higher dividend yield (9.1% vs 0.0%). ALO has a P/E under 0, indicating PME (P/E 1.682) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (1.68) than the industry average (14.17), indicating potential undervaluation.
 

How to Buy PME stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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