Platina Resources Limited (PGM) AI Stock Analysis

• Market Cap: $13.71M
• Dividend Yield: N/A
• Average Volume (3M): 494.32K
• Price to Earnings (P/E): 4.2
• Beta (1Y): 1.27
• Revenue Growth: N/A
• EPS Growth: -60.15%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 623,180,360
• 10 Day Avg. Volume: 912,638
• 30 Day Avg. Volume: 494,322
• PEG Ratio: -0.06
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.53
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ―

Platina Resources Limited has a strong financial base with excellent profitability and no debt, which supports long-term stability. However, the stock's technical indicators suggest caution due to potential bearish momentum and overbought conditions. Valuation is attractive, indicating possible upside potential.

Platina Resources Limited Business Overview & Revenue Model

Company Description

Platina Resources Limited (PGM) is an Australian-based mineral exploration and development company focused on discovering and developing precious metal deposits. The company primarily operates in the resources sector, with projects targeting platinum group metals (PGMs), gold, and other valuable minerals. Platina Resources aims to capitalize on the growing demand for these metals through strategic exploration and project development, primarily in Australia and Scandinavia.

How the Company Makes Money

Platina Resources Limited generates revenue primarily through the exploration and development of mineral projects which are then sold or joint-ventured with other mining companies. The company's key revenue streams include the sale of mineral rights, royalties from projects they have an interest in, and potential income from mining operations once projects are fully developed and operational. Strategic partnerships, joint ventures, and agreements with other mining and exploration companies also play a significant role in its earnings, allowing Platina to leverage expertise, share costs, and reduce risks associated with exploration and development activities.

Platina Resources Limited Financial Statement Overview

Summary

Platina Resources Limited demonstrates strong profitability with high profit margins and a robust balance sheet featuring no debt and a high equity ratio. However, cash flow challenges and historical revenue volatility present risks.

Income Statement

Platina Resources Limited showed significant improvement in its income statement metrics for 2024. The company reported a substantial increase in revenue, with a remarkable revenue growth rate from the previous year. The gross profit margin is strong at 99.97%, and the net profit margin is also high at 75.14%. This indicates excellent cost management and profitability. However, historical volatility in revenue and net income suggests potential risks.

Balance Sheet

The balance sheet is robust, with no debt and a high equity ratio of 93.26% for 2024. The return on equity (ROE) is impressive at 73.97%, indicating efficient use of equity. The company's consistent zero-debt position enhances financial stability. However, the relatively small scale of total assets might limit growth opportunities.

Cash Flow

The cash flow statement shows a decline in free cash flow, with a negative free cash flow growth rate. The operating cash flow to net income ratio is negative, suggesting challenges in converting income into cash. Although the company has positive investing cash flow, reliance on external financing in previous years indicates potential liquidity concerns.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
18.60M	18.60M	23.10K	2.23M	7.94M	54.73K
	Gross Profit
18.60M	18.60M	17.28K	2.26M	10.09M	49.50K
	EBIT
3.33M	13.98M	-3.40M	381.00K	5.51M	-2.26M
	EBITDA
15.45M	14.34M	-7.96M	1.29M	20.04M	-2.41M
	Net Income Common Stockholders
3.33M	13.98M	-7.97M	-15.68M	20.06M	-2.22M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.33M	7.56M	496.06K	1.22M	2.59M	1.12M
	Total Assets
18.42M	20.27M	5.43M	8.75M	24.26M	1.34M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-12.33M	-7.56M	-496.06K	-1.22M	-2.59M	-1.12M
	Total Liabilities
245.22K	1.37M	588.35K	437.04K	286.11K	286.69K
	Stockholders Equity
18.18M	18.90M	4.84M	8.31M	23.98M	1.06M
Cash Flow		Free Cash Flow
-2.89M	-3.80M	-3.59M	-1.63M	-2.18M	-1.89M
	Operating Cash Flow
-1.01M	-1.30M	-1.57M	-974.43K	-1.08M	-845.24K
	Investing Cash Flow
4.12M	8.41M	-1.27M	-395.64K	1.74M	-1.38M
	Financing Cash Flow
0.00	0.00	2.09M	-5.29K	823.40K	2.04M

Platina Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PGM, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.56 is Neutral, neither overbought nor oversold. The STOCH value of 93.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PGM.

Platina Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CYL	75 Outperform	AU$1.77B	21.26	35.27%	―	148.01%	―
PGM	66 Neutral	$13.71M	4.15	20.47%	―	―	-60.15%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
ARD	49 Neutral	AU$34.71M	―	-91.81%	―	―	15.00%
RNU	46 Neutral	AU$170.39M	95.71	1.05%	―	―	―
PDI	39 Underperform	AU$1.10B	―	-9.04%	―	―	-114.29%
MEU	35 Underperform	AU$47.13M	―	-2.31%	―	―	-33.33%

Platina Resources Limited Corporate Events

Platina Resources Advances Exploration with Strategic Drilling and Divestments

Platina Resources Limited has completed its diamond drilling program at the Xanadu Deeps target, with core samples currently undergoing detailed logging and assay results pending. The company is planning further low-cost aircore drilling at its Challa and Beete gold projects following promising results from previous campaigns. Platina is also divesting its low-potential Binti Binti project and reviewing the status of Mt Narryer. The sale of its scandium project to Rio Tinto has provided funds to support its corporate strategy, which includes unlocking the value of the Brimstone project and seeking new opportunities for significant gold discoveries.

Platina Resources Limited Releases Interim Financial Report for H2 2024

Platina Resources Limited has released its interim financial report for the half-year ending December 31, 2024. The report includes comprehensive financial statements, highlighting the company’s financial position and cash flows during this period. This release provides stakeholders with insights into the company’s financial health and operational performance, which are crucial for assessing its market positioning and future prospects.

Platina Resources Advances Exploration in Western Australia

Platina Resources Limited, a Western Australian gold exploration company, is actively exploring gold projects in the Yilgarn Craton and Ashburton Basin. This exploration is expected to enhance the company’s strategic positioning in the gold market of Western Australia, potentially impacting its operations and market focus positively.

Platina Resources Initiates Drilling at Xanadu Gold Project

Platina Resources Limited has initiated diamond drilling at the Xanadu Gold Project’s Xanadu Deeps target, following a Western Australian Government grant that covers up to 50% of the drilling costs. The project aims to explore deeper sulphide mineralisation within a 10km corridor, potentially unlocking the full value of the site. Initially, drilling will focus on the Cleopatra South prospect to investigate an aero-electromagnetic anomaly, targeting deeper mineralisation that was previously inaccessible due to challenging drilling conditions.