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Platina Resources Limited
(Sydney:PGM)
Platina Resources Limited (PGM) vs. iShares MSCI Australia ETF (EWA)
Platina Resources Limited Business Overview & Revenue Model
Platina Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 578.54K | 18.60M | 23.10K | 2.23M | 7.94M |
| Gross Profit | -2.90K | 578.54K | 18.60M | 17.28K | 2.26M | 10.09M |
| EBITDA | -4.36M | -3.98M | 14.34M | -7.96M | -15.67M | 20.04M |
| Net Income | -3.92M | -3.92M | 13.98M | -7.97M | -15.68M | 20.06M |
Balance Sheet | ||||||
| Total Assets | 15.37M | 15.37M | 20.27M | 5.43M | 8.75M | 24.26M |
| Cash, Cash Equivalents and Short-Term Investments | 11.40M | 11.40M | 7.56M | 496.06K | 1.22M | 2.59M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 391.93K | 391.93K | 1.37M | 588.35K | 437.04K | 286.11K |
| Stockholders Equity | 14.98M | 14.98M | 18.90M | 4.84M | 8.31M | 23.98M |
Cash Flow | ||||||
| Free Cash Flow | -1.44M | -2.24M | -3.80M | -3.59M | -1.63M | -2.18M |
| Operating Cash Flow | -581.80K | -581.80K | -1.30M | -1.57M | -974.43K | -1.08M |
| Investing Cash Flow | 4.33M | 4.33M | 8.41M | -1.27M | -395.64K | 1.74M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 2.09M | -5.29K | 823.40K |
Platina Resources Limited Technical Analysis
Platina Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$21.28M | -1.96 | -26.42% | ― | ― | 13.24% | |
49 Neutral | AU$21.93M | -5.40 | -22.35% | ― | ― | -128.13% | |
49 Neutral | AU$38.95M | -7.26 | -13.83% | ― | ― | 48.47% | |
48 Neutral | AU$22.38M | -4.88 | -93.49% | ― | ― | -4.88% | |
46 Neutral | AU$8.39M | -12.50 | -6.43% | ― | ― | 97.51% | |
42 Neutral | AU$9.71M | -4.40 | -53.65% | ― | ― | -66.67% |
Platina Resources Limited Corporate Events
In the December 2025 quarter, Platina Resources expanded its Laverton footprint to more than 312km² through the conditional acquisition of the Mt Morgans South and Sunrise Bore gold projects, complementing its 100%-owned Mt McKenna Project east of Laverton. At Mt McKenna, the company completed its maiden 6,056m aircore drilling program at the northern section of Target 2, defining a coherent 1.5km mineralised gold structure and a second arsenic-gold anomalous zone that remains open to the south, setting up follow-up reverse circulation and deeper drilling across multiple targets. Together with an early release of a US$1.0 million scandium project warranty retention bond that has strengthened its balance sheet, these exploration results and planned programs position Platina to advance its gold discovery potential and enhance its standing within the Laverton gold district.
The most recent analyst rating on (AU:PGM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Platina Resources Limited stock, see the AU:PGM Stock Forecast page.
Platina Resources has reported encouraging results from a maiden 6,056-metre aircore drilling program at its Mt McKenna Gold Project in Western Australia, defining multiple mineralised trends including a coherent 1.5km gold-bearing structure and a separate 250m arsenic anomaly associated with anomalous gold values. The program, which targeted mineralisation concealed beneath shallow cover, returned several gold intercepts that largely end in mineralisation, indicating the potential for significant extensions at depth and prompting plans for follow-up reverse circulation drilling, while simultaneous exploration and heritage clearances at additional targets aim to build a pipeline of prospects and strengthen the company’s position in the Laverton gold district.
The most recent analyst rating on (AU:PGM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Platina Resources Limited stock, see the AU:PGM Stock Forecast page.
Platina Resources has completed the first phase of aircore drilling at its Mt McKenna Gold Project in Western Australia, with 6,056 metres drilled across 126 holes targeting splays off the Granite Well fault, and assays due in January 2026 to refine geological models and future drill targets along a 20km gold corridor. The company has also strengthened its balance sheet and streamlined its portfolio by securing the early release of a US$1 million warranty retention bond from the 2023 scandium project sale, surrendering the Mt Narryer Project while selling its exploration data to Western Mines Group for shares, and progressing the sale of the Xanadu Project to Kalamazoo Resources in a scrip-and-royalty deal that includes contingent payments tied to future resource definition.
Platina Resources Limited has announced a proposed issue of securities, with a maximum of 3,394,269 ordinary fully paid shares to be issued. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning by providing additional resources for exploration and development activities.
Platina Resources Limited has significantly increased its landholding in the Laverton mineral district by acquiring the Mt Morgans South Gold Project from Genesis Minerals Limited. This acquisition, which includes multiple exploration and prospecting licenses, nearly doubles Platina’s presence in the area and allows for synergized exploration activities with its nearby projects. The strategic location of Mt Morgans South, surrounded by major gold operations and prospects, enhances Platina’s potential for discovering significant gold deposits, reinforcing its position in the competitive gold mining sector.
Platina Resources Limited has announced the issuance of 3,500,000 unquoted securities under the code PGMAH, set to expire on November 30, 2028, with an exercise price of $0.05. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, signaling the company’s efforts to motivate and retain its workforce while potentially impacting its financial strategies and stakeholder interests.
Platina Resources Limited announced a change in the director’s interest, with Brian Moller acquiring 3,500,000 unlisted options set to expire on 30 November 2028, replacing an equal number of options that expired on 30 November 2025. This change, approved by shareholders at the annual general meeting, reflects the company’s ongoing strategic management of its executive incentives, potentially impacting its operational focus and stakeholder interests.
Platina Resources Limited has announced the issuance of new unquoted equity securities, totaling 21.5 million options, with varying expiration dates and exercise prices. This strategic move is likely aimed at strengthening the company’s financial position and supporting its ongoing projects, potentially impacting its market valuation and stakeholder interests.
Platina Resources Limited announced the cessation of certain securities options that expired without exercise or conversion on November 30, 2025. This cessation involved a total of 23.5 million options with varying exercise prices, potentially impacting the company’s capital structure and investor relations by reducing the number of outstanding options.
Platina Resources Limited announced that all resolutions proposed at their annual general meeting were passed with the required majority. This includes a special resolution allowing the company to issue an additional 10% of its capital over the next 12 months. The successful passing of these resolutions indicates strong shareholder support and provides the company with greater flexibility in its capital management strategies.
Platina Resources Limited has initiated its first drilling program at the Mt McKenna Gold Project in Western Australia’s Laverton region, planning 7,500 meters of aircore drilling. This program aims to test geological targets identified through extensive data integration, including geological mapping and geophysical surveys, to explore potential mineralization. The project is strategically located near significant gold mines, enhancing its potential impact on the company’s exploration portfolio.
Platina Resources Limited, a Western Australian gold explorer, is positioning itself for potential growth through its exploration projects. These initiatives are designed to provide significant leverage for share price increases, contingent upon successful discoveries, which could impact the company’s market positioning and stakeholder interests.