Pearl Gull Iron Ltd (AU:PLG)
ASX:PLG
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Pearl Gull Iron Ltd
(Sydney:PLG)
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Rating:49Neutral
Price Target:
AU$0.03
▲(55.00% Upside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by weak financial performance—minimal/zero revenue, ongoing losses, and persistent cash burn—despite the benefit of a low-debt balance sheet. Technical signals are broadly neutral with slightly negative momentum, while valuation screens cheaply on P/E but lacks dividend support and is constrained by the underlying fundamentals.
Positive Factors
Low leverage / clean balance sheet
Zero reported debt across 2023–2025 materially reduces near-term solvency risk and gives management flexibility to fund exploration or restructure financing without immediate debt-servicing pressure. This improves optionality for partnerships or staged project development over months.
Negative Factors
No meaningful revenue / loss-making
Absence of a recurring revenue base means the company remains entirely development-stage and cannot self-fund operations. Persistent operating losses imply continued reliance on external capital, increasing dilution risk and making long-term project execution contingent on successful financing or asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / clean balance sheet
Zero reported debt across 2023–2025 materially reduces near-term solvency risk and gives management flexibility to fund exploration or restructure financing without immediate debt-servicing pressure. This improves optionality for partnerships or staged project development over months.
Read all positive factors
Pearl Gull Iron Ltd (PLG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)157.68K
Price to Earnings (P/E)0.7
Beta (1Y)-0.42
Revenue GrowthN/A
EPS Growth57.63%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)<0.01
Shares Outstanding204,541,800
10 Day Avg. Volume150,238
30 Day Avg. Volume157,681
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.61
Price to Sales (P/S)0.00
P/FCF Ratio-1.49
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)N/A
Revenue Forecast (FY)N/A
Pearl Gull Iron Ltd Business Overview & Revenue Model
Company Description
Pearl Gull Iron Limited, a mineral exploration company, focuses on exploration and development of iron ore properties. The company holds 100% interests in the M04/235 mining lease; and two miscellaneous licenses L04/102 and L04/103 located at Cock...
Pearl Gull Iron Ltd Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
48
Neutral
Cash Flow
10
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -10.56K | 0.00 | 32.00K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.08K | -289.16K | -282.00K | -250.00K | -19.00K | -67.93K |
| EBITDA | -724.85K | -669.51K | -918.00K | -894.00K | -4.87M | -1.72M |
| Net Income | 1.96M | -514.33K | -1.20M | -1.14M | -5.02M | -2.43M |
Balance Sheet | ||||||
| Total Assets | 4.11M | 9.95M | 10.17M | 11.19M | 10.16M | 15.35M |
| Cash, Cash Equivalents and Short-Term Investments | 2.05M | 61.37K | 899.00K | 1.83M | 911.00K | 2.16M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.98M |
| Total Liabilities | 303.09K | 7.93M | 7.63M | 7.42M | 7.15M | 18.59M |
| Stockholders Equity | 3.81M | 2.02M | 2.53M | 3.76M | 3.01M | -3.24M |
Cash Flow | ||||||
| Free Cash Flow | -715.95K | -822.93K | -901.00K | -992.00K | -4.92M | -1.31M |
| Operating Cash Flow | -715.96K | -822.93K | -901.00K | -992.00K | -4.92M | -1.24M |
| Investing Cash Flow | 2.50M | 0.00 | 0.00 | 16.00K | 0.00 | -66.28K |
| Financing Cash Flow | -36.88K | -14.75K | -27.00K | 1.89M | 3.67M | 3.47M |
Pearl Gull Iron Ltd 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% | |
56 Neutral | AU$13.32M | -0.05 | -111.00% | ― | ― | ― | |
49 Neutral | ― | 0.72 | 67.39% | ― | ― | 57.63% | |
46 Neutral | AU$45.57M | -18.98 | -1.31% | ― | ― | ― | |
| ― | AU$23.66M | -1.49 | -77.53% | ― | ― | -141.04% |
* Basic Materials Sector Average
AU:PLG
Pearl Gull Iron Ltd
0.03
0.02
210.00%
AU:IRD
Iron Road Ltd
0.02
-0.03
-66.67%
AU:GWR
GWR Group Limited
0.14
0.06
64.71%
AU:EQX
Equatorial Resources Limited
0.18
0.08
80.00%
Pearl Gull Iron Ltd Corporate Events
Pearl Gull Iron releases interim financial report for half year to 31 December 2025
Mar 16, 2026
Pearl Gull Iron Limited has released its condensed interim financial report for the half year ended 31 December 2025, providing shareholders and regulators with an overview of its financial position and performance for the period. The document inc...
Pearl Gull Iron Shares Suspended as Company Seeks New Projects After Cockatoo Island Sale
Mar 5, 2026
Pearl Gull Iron has had its securities suspended from trading on the ASX after failing to demonstrate ongoing compliance with Listing Rule 12.1 within six months of agreeing to sell its main undertaking, the Cockatoo Island Project. The sale, comp...
Pearl Gull Iron Suspended from ASX Over Insufficient Operations
Mar 5, 2026
The ASX has suspended Pearl Gull Iron Ltd’s securities from quotation after determining the company’s operations are insufficient to meet ongoing listing requirements. Following a six-month grace period to address concerns under Listin...
Pearl Gull Iron Options Lapse, Trimming Potential Dilution
Feb 9, 2026
Pearl Gull Iron Ltd has notified the ASX that 20,000,000 options, exercisable at $0.05 and expiring on 6 February 2026, have lapsed without being exercised or converted. The cessation of these options reduces the company’s pool of potential ...
Pearl Gull Iron Sells Cockatoo Island Project, Retains Strategic Stake in Crestlink
Jan 28, 2026
Pearl Gull Iron has completed the sale of its Cockatoo Island Project for total consideration of A$4.5 million in cash, a 4% indirect equity stake in logistics developer Crestlink Pty Ltd, and royalty streams over future iron ore and ballast produ...
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.