ASX Share rice
Tue 04 Aug 2020 - 03:31:am (Sydney)

PNL Share Price

PARINGA RESOURCES LIMITEDPNLEnergy

PNL Company Information

Name:

Paringa Resources Limited

Sector:

Energy

Industry:

Thermal Coal

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Coal & Consumable Fuels

Address:

373 Whobry Road Rumsey KY United States 42371

Phone:

812-406-4400

Pres & Exec. Director:

Mr. David Gay B.E., M.B.A., B.Eng, MBA, P.E.

VP & Gen. Counsel:

Mr. Bruce Czachor

Company Sec.:

Mr. Gregory Swan B.Com, CA, ACIS, AFin

Financial Controller:

Mr. Daniel Trentham

Director of Hartshorne Coal Mining Pty Ltd:

Mr. Mark Laurence Pearce C.A., B.Bus, CA, FCIS, FFin, SIA (Aff)

Company Overview:

Paringa Resources Limited, together with its subsidiaries, engages in the development and operation of coal mines in the United States. It operates the Poplar Grove Mine, part of the Buck Creek Complex located in the Illinois Coal Basin in western Kentucky. As of June 30, 2019, the company owned 40,096 gross acres of coal leases in Kentucky, the United States. Paringa Resources Limited was incorporated in 2012 and is headquartered in Rumsey, Kentucky.

PNL Share Price Information

Shares Issued:

505.83M

Market Capitalisation:

$20.74M

Earnings per Share:

$-0.029

Return On Assets (TTM):

$-0.07

Return On Equity (TTM):

$-0.18

Diluted Earnings Per Share (TTM):

$-0.029

PNL CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-59,059,000

Change To Liabilities:

$102K

Total Cashflow From Investing Activities:

$-59,059,000

Net Borrowings:

$62.39M

Net Income:

$-13,097,000

Total Cash From Operating Activities:

$-7,615,000

Depreciation:

$1.52M

Other Cashflow From Investing Activities:

$-306,000

Dividends Paid:

$0

Change To Inventory:

$-730,000

Change To Account Receivables:

$-766,000

Sale Purchase Of Stock:

$-105,000

Capital Expenditures:

$58.31M

PNL Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-13,097,000

Net Income:

$-13,097,000

Gross Profit:

$-5,639,000

Operating Income:

$-12,707,000

Other Operating Expenses:

$61K

Interest Expense:

$-329,000

Total Revenue:

$0

Total Operating Expenses:

$12.71M

Cost Of Revenue:

$5.64M

PNL Balance Sheet

Balance Sheet Date:

2019-06-30

Total Liabilities:

$66.64M

Total Stockholder Equity:

$67.31M

Other Current Liabilities:

$1.60M

Total Assets:

$133.95M

Common Stock:

$104.05M

Other Current Assets:

$54K

Retained Earnings:

$-41,076,000

Other Liabilities:

$2.71M

Other Assets:

$4.26M

Cash:

$12.04M

Total Current Liabilities:

$9.50M

Short-Term Debt:

$4.27M

Property - Plant & Equipment:

$115.57M

Net Tangible Assets:

$67.31M

Total Current Assets:

$14.12M

Long-Term Debt:

$54.44M

Net Receivables:

$6K

Short-Term Investments:

$119.83M

Inventory:

$730K

Accounts Payable:

$4.19M

Non Currrent Assets (Other):

$1.41M

Short-Term Investments:

$119.83

Non Current Liabilities Total:

$57.15M

PNL Share Price History

PNL News

26 Nov, 2019
NEW YORK, NY / ACCESSWIRE / November 26, 2019 / Paringa Resources Limited ("Paringa" or "Company") (NASDAQ:PNRL, ASX:PNL) is pleased to advise, further to its announcement on September 18, 2019, that it has granted a royalty over the Company's Buck Creek Mining Complex to SP2 Royalty Co, LLC (an entity of which certain funds advised by Tribeca Global Resources Credit Pty Limited ("Tribeca") are members) to raise US$9.0 million (before costs) ("Royalty Financing"). Proceeds from the Royalty Financing have been received and will be used to fund Poplar Grove's mine ramp-up to positive cashflow. The Company has also executed an amendment to the Term Loan Facility ("TLF") with Tribeca (as agent) ("Term Loan Amendment") to, amongst other things, resize the second tranche of the TLF from US$16.0 million to US$10.0 million (Unit 3 capex is projected to be US$5.9 million), and to ensure that the previously announced termination of the Company's supply agreement with Big Rivers Electric Corporation and issues arising from a funding gap do not result in any events of default under the TLF.
30 Oct, 2019
23:40
Yahoo! Finance
NEW YORK, NY / ACCESSWIRE / October 30, 2019 / Paringa Resources Limited ("Paringa" or "Company") (NASDAQ:PNRL) (ASX:PNL) is pleased to present its quarterly report for the period ending ...
08 Oct, 2019
NEW YORK, NY / ACCESSWIRE / October 7, 2019 / Paringa Resources Limited ("Paringa" or "Company") (PNRL)(PNL.AX) is pleased to provide an update on activities at the Poplar Grove mine in western Kentucky. Paringa continued to ramp up shipping of coal to customers during the September quarter, with approximately 136Kt of product barged from the Company's dock on the Green River, up from approximately 26Kt shipped during the June quarter. September quarter coal sales equate to revenues of approximately US$5.7M for the quarter (US$23M on an annualised basis).
24 Sep, 2019
Paringa has commenced shipping coal to its second customer OVEC-IKEC, with coal procured by AEP on behalf of OVEC-IKEC AEP is OVEC-IKEC's major shareholder and one of the largest electric energy companies ...
17 Sep, 2019
NEW YORK, NY / ACCESSWIRE / September 16, 2019 / Paringa Resources Limited (“Paringa” or “Company”) (NASDAQ:PNRL)(ASX:PNL) is pleased to announce the appointment of Mr. Jim Middleton as Executive Advisor ...
20 Aug, 2019
23:10
Yahoo! Finance
Paringa has received regulatory approval for an extended cut plan for the first mining unit (“Unit 1”) at Poplar Grove The extended cut plan enables the Unit 1 continuous miners (“CMs”) to increase the ...