Philex Mining Company Profile - Sep 06, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Philex Mining Corporation
                                                                                          440 Wheelers Farms Road
                                                                                          Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Philippine Pesos

                                  Wright Quality Rating:BAA8                                Key Data

   Philex Mining Corporation is a Philippines based company. The Company is engaged in      Ticker:
   the exploration, development and utilization of mineral resources. The Company           PX
   primarily produces copper, gold and silver as its products. In September 2008, Philex
   Mining Corporation announced that its subsidiary, Philex Petroleum Corporation           2010 Sales:
   completed the acquisition of Forum Energy plc. In February 2009, the Company
                                                                                            12,679,951,000
   acquired 50% interest in Anglo American Exploration (Philippines), Inc. In April 2010,
   Philex Mining Corporation, through its wholly owned subsidiary, Philex Gold Holdings
   Inc., acquired Philex Gold Inc. During the year ended December 31, 2010, 54% of the      Major Industry:
   Company's revenue came from the sale of gold. As of December 31, 2010, the               Metal Producers & Products
   Company had 14 subsidiaries.                                                             Manufacturers
                       Stock Chart                                Officers
                                                          Chairman & Chief Executive        Sub Industry:
                                                              Manuel V. Pangilinan          Diversified Metal Producers

                                                                   Vice Chairman            Country:
                                                                   Juan B. Santos           Philippines

                                                          President & Chief Operating       Currency:
                                                                    Officer                 Philippine Pesos
                                                           Jose Ernesto C. Villaluna Jr.
                                                                                            Fiscal Year Ends:
                                                                 Senior Vice President
                                                                                            December
                                                               Finance, Chief Financial
                                                                  Officer & Treasurer
                                                                   Renato N. Migrino        Employees
                                                                                            2,230
                                                                    Secretary
                                                          Atty. Barbara Anne C. Migallos    Exchanges:
                                                                                            OTH

                                                                                            Share Type:
             Stock Price (9/2/2011): 27.00                                                  Common
               Recent stock performance
                  1 Week        1.7%
                                                                                            Market Capitalization:
                  4 Weeks       6.3%
  
								
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