Pearl Gull Iron Ltd (AU:PLG)
ASX:PLG
Want to see AU:PLG full AI Analyst Report?
Top Page
Pearl Gull Iron Ltd
(Sydney:PLG)
Select Model
Select Model
Rating:49Neutral
Price Target:
AU$0.03
▲(55.00% Upside)
Action:Reiterated
Date: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
Strategic tenements on Cockatoo Island
Holding tenements on Cockatoo Island near high‑grade deposits and past mining cuts development risk versus a greenfield play. Proximity to historical operations can lower infrastructure and exploration lead times, preserving long‑term optionality for resource definition and monetisation.
Negative Factors
No meaningful recurring revenue
The absence of recurring revenue means the business remains fully dependent on financing or asset monetisation to fund operations. Without commercial production or contracted sales, revenue visibility is minimal and development timelines drive long lead times before cash generation can become self‑sustaining.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic tenements on Cockatoo Island
Holding tenements on Cockatoo Island near high‑grade deposits and past mining cuts development risk versus a greenfield play. Proximity to historical operations can lower infrastructure and exploration lead times, preserving long‑term optionality for resource definition and monetisation.
Read all positive factors
Pearl Gull Iron Ltd (PLG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.34M
Dividend YieldN/A
Average Volume (3M)157.68K
Price to Earnings (P/E)3.2
Beta (1Y)-0.67
Revenue GrowthN/A
EPS GrowthN/A
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 operates as a mineral exploration firm, primarily focused on identifying and advancing iron ore projects. The company boasts full ownership of the M04/235 mining lease, in addition to two auxiliary licenses, L04/102 and L04...
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% | |
55 Neutral | AU$11.76M | -0.10 | -111.00% | ― | ― | -1844.12% | |
49 Neutral | AU$6.34M | 3.23 | 67.39% | ― | ― | ― | |
45 Neutral | AU$34.18M | -51.41 | -1.31% | ― | ― | -103.03% | |
42 Neutral | AU$20.37M | -2.82 | -77.53% | ― | ― | -200.55% |
* Basic Materials Sector Average
AU:PLG
Pearl Gull Iron Ltd
0.03
0.02
210.00%
AU:IRD
Iron Road Ltd
0.01
-0.02
-57.58%
AU:GWR
GWR Group Limited
0.11
0.01
12.90%
AU:EQX
Equatorial Resources Limited
0.16
0.02
14.81%
Pearl Gull Iron Ltd Corporate Events
Pearl Gull Iron director loses unvested options as incentives lapse
Jun 2, 2026
Pearl Gull Iron Limited has reported a change in the interests of director Russell Clark, who previously held 475,000 fully paid ordinary shares and 633,333 unlisted incentive options with a nil exercise price, subject to vesting conditions and ex...
Pearl Gull Iron Options Lapse, Simplifying Capital Structure
Jun 2, 2026
Pearl Gull Iron Ltd has announced the cessation of 6,469,998 listed options, with an exercise price of $0.00 and an expiry date of 1 June 2026, after they lapsed without being exercised or converted. The expiry reduces the company’s pool of ...
Pearl Gull pivots to new projects after Cockatoo Island sale and ASX suspension
Apr 30, 2026
Pearl Gull Iron Ltd 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 Crestlink Pty Ltd and future royalties on certain materials, with A$2.5 million already recei...
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.