Pacgold Limited (AU:PGO)
ASX:PGO
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Pacgold Limited
(Sydney:PGO)
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Rating:53Neutral
Price Target:
AU$0.12
▲(52.50% Upside)
Action:Reiterated
Date:06/04/26
The score is held back primarily by weak financial fundamentals (pre-revenue, ongoing losses, and rising cash burn), partially offset by supportive price momentum and a debt-free balance sheet. Valuation contributes limited support due to negative earnings and no dividend yield data.
Positive Factors
Debt-free balance sheet
A debt-free capital structure materially lowers solvency risk and interest burden, giving management flexibility to prioritise exploration and development. Over a multi-month horizon this durable strength reduces bankruptcy risk and preserves optionality when raising project or working capital financing.
Negative Factors
Pre-revenue with widening losses
Being pre-revenue with expanding net losses is a structural weakness: the business lacks operating cash inflows and cannot self-fund growth. Over the medium term this forces dependence on financing, compresses return on invested capital, and leaves project timelines contingent on external capital availability.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free capital structure materially lowers solvency risk and interest burden, giving management flexibility to prioritise exploration and development. Over a multi-month horizon this durable strength reduces bankruptcy risk and preserves optionality when raising project or working capital financing.
Read all positive factors
Pacgold Limited (PGO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$56.71M
Dividend YieldN/A
Average Volume (3M)1.88M
Price to Earnings (P/E)―
Beta (1Y)2.76
Revenue GrowthN/A
EPS Growth-18.92%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding436,203,980
10 Day Avg. Volume3,365,307
30 Day Avg. Volume1,879,245
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)0.34
Price to Sales (P/S)0.00
P/FCF Ratio-1.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Pacgold Limited Business Overview & Revenue Model
Company Description
Pacgold Limited is an Australian firm dedicated to gold exploration. The company's primary asset is the Alice River gold project, located in Queensland's northern Alice River region, which comprises a portfolio of eight mining leases and five expl...
How the Company Makes Money
null...
Pacgold Limited Financial Statement Overview
Summary
Income Statement
10
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 250.00 |
| Gross Profit | 0.00 | -82.29K | -53.63K | -45.73K | -35.07K | -960.00 |
| EBITDA | -2.79M | -1.68M | -819.27K | -1.27M | -1.07M | -857.26K |
| Net Income | -2.79M | -1.66M | -872.90K | -1.31M | -1.10M | -858.47K |
Balance Sheet | ||||||
| Total Assets | 42.87M | 23.56M | 19.24M | 17.10M | 17.80M | 8.31M |
| Cash, Cash Equivalents and Short-Term Investments | 10.00M | 1.20M | 1.99M | 2.51M | 11.01M | 5.38M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.89M | 1.70M | 1.14M | 1.28M | 1.22M | 6.42M |
| Stockholders Equity | 37.99M | 21.87M | 18.10M | 15.82M | 16.58M | 1.89M |
Cash Flow | ||||||
| Free Cash Flow | -4.81M | -6.01M | -3.55M | -8.50M | -5.16M | -639.89K |
| Operating Cash Flow | -1.85M | -1.34M | -668.43K | -764.12K | -865.96K | -162.97K |
| Investing Cash Flow | -8.90M | -4.62M | -2.89M | -7.73M | -4.34M | -1.14M |
| Financing Cash Flow | 17.43M | 5.17M | 3.03M | 0.00 | 10.84M | 6.66M |
Pacgold Limited Technical Analysis
Positive
0.08
Price Trends
0.12
Positive
0.13
Positive
0.10
Positive
Market Momentum
<0.01
Positive
57.09
Neutral
43.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PGO, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.10, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.09 is Neutral, neither overbought nor oversold. The STOCH value of 43.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PGO.
Pacgold Limited Peers Comparison
UnderperformOutperform
Sector (61)
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$56.71M | -12.16 | -9.31% | ― | ― | -18.92% | |
46 Neutral | AU$111.50M | -36.65 | -3.54% | ― | -100.00% | -144.44% | |
46 Neutral | AU$15.60M | 1.72 | 36.53% | ― | ― | ― | |
44 Neutral | AU$9.73M | -6.18 | -6.21% | ― | ― | 41.18% | |
43 Neutral | AU$10.50M | -3.16 | 49.35% | ― | ― | 92.25% | |
41 Neutral | AU$12.78M | -2.42 | -202.96% | ― | ― | 41.01% |
* Basic Materials Sector Average
AU:PGO
Pacgold Limited
0.13
0.07
100.00%
AU:GML
Gateway Mining Limited
0.05
0.02
65.52%
AU:SNG
Siren Gold Ltd
0.05
<0.01
4.00%
AU:TYX
Tyranna Resources Limited
―
―
―
AU:NWM
Norwest Minerals Ltd.
0.01
>-0.01
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AU:FG1
Flynn Gold Ltd.
0.02
-0.01
-34.38%
Pacgold Limited Corporate Events
Pacgold sets up Emerald-backed demerger of North Queensland assets
Jun 4, 2026
Pacgold Limited has outlined an investor presentation signalling a strategic demerger of its North Queensland gold-antimony projects into Manda Resources, a vehicle backed by Emerald, while existing shareholders are positioned to retain significan...
Pacgold to Outline Strategic North Queensland Asset Demerger in Investor Webinar
Jun 3, 2026
Pacgold Limited has invited shareholders and investors to a webinar to discuss the strategic demerger of its North Queensland assets into a newly formed entity, Manda Resources Limited. The session, led by Managing Director Matthew Boyes, will inc...
Pacgold Spins Off North Queensland Assets Into Emerald-Backed Manda Resources
Jun 2, 2026
Pacgold Limited has struck a binding deal to spin off its North Queensland Alice River and St George gold-antimony projects into Manda Resources, a new Emerald Resources-backed explorer that will also acquire Territory Minerals’ Tregoora, No...
Pacgold Seeks Trading Halt Ahead of Major North Queensland Transaction
May 31, 2026
Pacgold Limited has requested a trading halt in its securities on the Australian Securities Exchange, effective immediately, as it prepares to release news regarding a material corporate transaction involving its North Queensland assets. Trading i...
Pacgold ramps up White Dam drilling as new heap leach campaign advances
May 27, 2026
Pacgold has recommenced drilling at the Vertigo deposit within its White Dam Gold Project as part of a three-phase plan to restart full-scale production. A 3,000-metre reverse circulation program aims to extend the current mineral resource and fas...
Pacgold Uncovers New Shallow Gold Zones at White Dam’s Vertigo Deposit
May 6, 2026
Pacgold has reported final assay results from its latest drilling campaign at the Vertigo deposit within the White Dam Gold Project in South Australia, confirming significant new shallow gold and copper mineralisation outside the current resource ...
Pacgold underscores technical backing as it advances gold projects in historic Broken Hill district
May 4, 2026
Pacgold Limited has released an investor presentation outlining its strategic focus on unlocking the potential of the Broken Hill Gold District, one of Australia’s most historically significant mining regions. The company highlights its key ...
Pacgold Marks Transition to Producer With First Gold Pour at White Dam
May 3, 2026
Pacgold has achieved a key milestone in its strategic shift from explorer to producer with the first gold pour from its White Dam Gold Project in South Australia. The company’s maiden gold doré bar, weighing about 3 kilograms for an est...
Pacgold turns first gold at White Dam as exploration success widens growth pipeline
Apr 30, 2026
Pacgold has achieved maiden gold production at its White Dam Gold Operation, following the recommissioning of the heap leach and crushing circuit, and the start of cyanide irrigation along the western wall. The company expects near-term cash flow ...
Pacgold Extends St George Gold-Antimony Anomalies Over 30km, Unveils High-Grade Limestone Targets
Mar 25, 2026
Pacgold has extended gold and antimony geochemical anomalies along the Fence Structural Zone at its St George Project to more than 30km of strike through grid-based soil and rock chip sampling. The work has defined seven major targets within this ...
Pacgold advances White Dam drilling and moves closer to production restart
Mar 16, 2026
Pacgold has reported further encouraging reverse circulation drilling results from the Vertigo deposit at its White Dam project, with about 95% of the Vertigo resource drilling now complete and consistent shallow gold and copper mineralisation rei...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.