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Platina Resources Limited
(OTC: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$25.22M | -2.32 | -26.42% | ― | ― | 13.24% | |
49 Neutral | AU$27.09M | -6.67 | -22.35% | ― | ― | -128.13% | |
48 Neutral | AU$21.85M | -4.77 | -93.49% | ― | ― | -4.88% | |
46 Neutral | AU$9.59M | -12.50 | -6.43% | ― | ― | 97.51% | |
46 Neutral | AU$37.03M | -6.90 | -13.83% | ― | ― | 48.47% | |
42 Neutral | AU$8.83M | -4.00 | -53.65% | ― | ― | -66.67% |
Platina Resources Limited Corporate Events
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.
Platina Resources Limited has acquired the Mt McKenna Gold Project in the Laverton gold district of Western Australia, marking a significant step in its strategy to advance high-quality gold projects. The project, which is near drill-ready, offers substantial exploration potential and aligns with the company’s goal of generating shareholder value. The company has commenced exploration activities, including a gravity survey and surface sampling, with a focus on promising structural zones. The strategic location of Mt McKenna, near significant gold resources and recent acquisitions by other companies, underscores its importance and potential impact on Platina’s operations and market position.
Platina Resources Limited has announced its upcoming Annual General Meeting (AGM) scheduled for November 26, 2025, in Brisbane. The company is encouraging shareholders to adopt electronic communications to reduce costs and environmental impact, and has provided options for shareholders to update their communication preferences. The outcomes of the AGM resolutions will be shared on the ASX platform, and shareholders are encouraged to submit questions in advance to facilitate a more efficient meeting.
Platina Resources Limited has announced a proposed issue of 21,878,328 ordinary fully paid securities, with an expected issue date of April 16, 2026. This strategic move aims to raise capital, potentially enhancing the company’s financial position and supporting its ongoing projects, thereby impacting its market positioning and offering potential benefits to stakeholders.
Platina Resources Limited has announced the acquisition of the Sunrise Bore Gold Project, which expands its landholding in the Laverton region of Western Australia. This acquisition is strategically significant as it complements the nearby Mt McKenna Project and is located near the multi-million-ounce Sunrise Dam gold mine. The project has not been explored with modern techniques since 1998, presenting an opportunity to quickly build a mineral resource through systematic drilling. The strategic location near infrastructure and processing plants, along with shared Native Title Group, is expected to streamline operations and engagement, potentially enhancing Platina’s industry positioning.
Platina Resources Limited has announced that its 2025 Annual General Meeting will take place on November 26, 2025. The company has set a deadline for director nominations, which must be submitted by October 8, 2025. This announcement is part of the company’s governance process, potentially impacting its leadership structure and strategic direction.
Platina Resources Limited has experienced a notable increase in its share price and trading volume, prompting a query from the ASX. The company has stated it is unaware of any undisclosed information that could explain the recent trading activity. However, it recently completed the acquisition of the Mt Mckenna Gold Project and received cultural heritage clearance for exploration, which may have influenced market behavior. Platina confirms its compliance with ASX Listing Rules and assures that its board has approved the responses to the ASX’s inquiries.