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Pasinex Resources ( (TSE:PSE) ) just unveiled an announcement.
Pasinex Resources reported its financial results for the three and twelve months ended December 31, 2025, marking what it called a transformational year of structural change and asset consolidation. The company changed its year end to March 31 and will report a 15‑month transitional period to better align its reporting with industry peers.
In 2025 Pasinex moved from a joint venture model to full ownership of its core zinc assets, acquiring the remaining 50% of Horzum A.Ş. and thereby securing 100% control of the producing Pinargozu high‑grade zinc mine in Türkiye. It also completed the purchase of Aydın Teknik A.Ş., adding the Sarıkaya lead‑zinc operating license and further expanding its Turkish zinc portfolio.
The miner posted a net loss of $1.8 million in the fourth quarter and $3.0 million for the year, slightly widening the annual loss compared with 2024 despite an improvement in the quarterly result. Management attributed the higher full‑year loss largely to an equity loss from Horzum while it was under trustee management and to elevated legal, professional and administrative costs tied to the acquisitions and restructuring.
These one‑time costs helped swing shareholders’ equity from a deficit to a modest surplus, while total assets more than doubled year‑on‑year, reflecting the consolidation of Horzum and the Sarıkaya acquisition. With the transactions completed and Horzum now fully consolidated in its accounts, Pasinex expects general and administrative expenses to normalize, supporting improved cost discipline and clearer exposure to production performance at one of the world’s highest‑grade zinc mines.
The most recent analyst rating on (TSE:PSE) stock is a Hold with a C$0.11 price target. To see the full list of analyst forecasts on Pasinex Resources stock, see the TSE:PSE Stock Forecast page.
Spark’s Take on TSE:PSE Stock
According to Spark, TipRanks’ AI Analyst, TSE:PSE is a Neutral.
The score is held down primarily by very weak financial performance (no revenue, ongoing losses, balance-sheet strain, and negative recent cash flow). Technicals provide some offset with moderately positive trend/momentum, but valuation remains unattractive/unclear due to a negative P/E and no dividend support.
To see Spark’s full report on TSE:PSE stock, click here.
More about Pasinex Resources
Pasinex Resources Limited is a Toronto-based mining company focused on high-grade zinc operations in Türkiye. Through its subsidiaries, it now fully owns the producing Pinargozu zinc mine and has added the Sarıkaya lead-zinc license, positioning itself as a niche player in high-grade zinc production with an expanding asset base in the region.
The company operates in the base metals sector, concentrating on exploration, development and production of zinc and lead-zinc deposits. Its strategic focus on consolidating ownership and simplifying corporate structures is aimed at improving operational control and financial transparency for investors.
Average Trading Volume: 71,779
Technical Sentiment Signal: Buy
Current Market Cap: C$22.53M
For a thorough assessment of PSE stock, go to TipRanks’ Stock Analysis page.

