Pacific Nickel Mines Limited (PNM) AI Stock Analysis

• Market Cap: €10.04M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -1.43
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 12
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 420,993,100
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 31 Underperform
• Price Target: ―

Pacific Nickel Mines Limited struggles with financial stability, exhibiting significant losses and high leverage. Despite revenue growth, the company's negative profitability metrics and cash flow challenges highlight financial vulnerabilities. Technical analysis reveals stagnant price movement, and the negative P/E ratio underscores unattractiveness from a valuation perspective. Overall, these factors contribute to a low stock score, indicating caution for potential investors.

Pacific Nickel Mines Limited Business Overview & Revenue Model

Company Description

Pacific Nickel Mines Limited (PNM) is an emerging mining company focused on the exploration and development of nickel projects in the Pacific region. With its primary operations centered around promising nickel deposits, PNM aims to supply this critical metal to meet the growing demand driven by electric vehicles and energy storage technologies. The company's core product is nickel ore, which is extracted, processed, and sold to various industrial customers globally.

How the Company Makes Money

Pacific Nickel Mines Limited generates revenue primarily through the extraction and sale of nickel ore. The company engages in mining activities on its owned and operated sites, where it extracts nickel ore and processes it to meet industrial standards. Revenue is generated by selling this processed nickel ore to customers in sectors such as battery manufacturing, stainless steel production, and other industrial applications that require nickel. Key revenue streams include contracts with industrial buyers, partnerships with metal processing companies, and potential joint ventures aimed at expanding production capacity. Additionally, PNM may enter into strategic partnerships with other mining and technology companies to enhance its operational efficiency and market reach, contributing to its financial performance.

Pacific Nickel Mines Limited Financial Statement Overview

Summary

Pacific Nickel Mines Limited faces significant financial hurdles. While revenue growth is notable, the company is burdened by consistent losses and heavy reliance on debt. Profitability remains elusive, and cash flow issues persist, indicating a need for strategic financial restructuring to ensure long-term sustainability.

Income Statement

Pacific Nickel Mines Limited shows substantial revenue growth, with TTM revenue of $14.97 million compared to $11.87 million annually. However, the company struggles with profitability, evidenced by negative gross profit margins, net profit margins, and EBIT margins across periods. The TTM gross profit margin is negative, and net income remains in deficit, highlighting significant operational challenges.

Balance Sheet

The balance sheet reveals high leverage, with a debt-to-equity ratio substantially above 1, presenting financial risk. Stockholders' equity has diminished over time, indicating potential instability. The equity ratio is weak, suggesting the company is heavily reliant on debt financing. Despite a growing asset base, the financial position remains precarious.

Cash Flow

Cash flow analysis indicates negative operating cash flow and free cash flow, reflecting ongoing liquidity issues. Although financing activities provide some cash inflow, they are insufficient to offset cash flow deficits. The free cash flow to net income ratio is negative, underscoring cash generation challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.87M	14.54K	7.55K	2.47K	8.33K
Gross Profit	-6.40M	-33.15K	-32.82K	-10.81K	-1.45K
EBITDA	-9.21M	-786.07K	-717.26K	-598.07K	-4.71M
Net Income	-14.37M	-854.22K	-772.20K	-2.40M	-5.30M
Balance Sheet
Total Assets	57.65M	25.04M	11.67M	7.26M	3.32M
Cash, Cash Equivalents and Short-Term Investments	537.57K	1.14M	681.24K	1.81M	28.00K
Total Debt	38.24M	4.64M	65.00K	195.00K	2.01M
Total Liabilities	53.96M	5.41M	931.64K	993.85K	2.64M
Stockholders Equity	6.77M	19.64M	10.74M	6.26M	688.91K
Cash Flow
Free Cash Flow	-29.95M	-11.38M	-6.11M	-2.50M	-516.62K
Operating Cash Flow	-21.14M	-5.28M	-5.85M	-2.33M	-516.62K
Investing Cash Flow	-8.81M	-6.11M	-343.37K	-906.59K	-195.33K
Financing Cash Flow	28.66M	11.86M	5.06M	5.02M	44.00K

Pacific Nickel Mines Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PNM, the sentiment is Negative. 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 bearish trend. The MACD of >-0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PNM.

Pacific Nickel Mines Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$10.36B	6.35	0.80%	2.84%	3.10%	-36.03%
NWM	42 Neutral	AU$12.36M	―	-6.39%	―	―	-6.25%
ADG	38 Underperform	AU$11.24M	―	-36.18%	―	―	-85.71%
PGO	33 Underperform	AU$14.19M	―	-5.13%	―	―	32.73%
PNM	31 Underperform	€10.04M	―		―	―	―
ANTMF	―	$10.73M	―	-34.77%	―	―	―
SNG	―	AU$19.06M	―	-57.14%	―	―	―

Pacific Nickel Mines Limited Corporate Events

Pacific Nickel Mines Faces Financial Challenges Amidst ASX Suspension

Pacific Nickel Mines Limited has provided an update on its activities for the June 2025 quarter, highlighting ongoing operations and financial challenges. The company continues to face operational issues and a weak nickel price, impacting its Kolosori Nickel Project. To address these challenges, Pacific Nickel is working closely with Glencore International AG, which has provided financial support through a loan facility. The company is currently suspended from trading on the ASX, pending compliance with listing rules and resolution of funding arrangements with Glencore. The outcome of these discussions is crucial for the company’s financial viability and future operations.

Pacific Nickel Mines Faces Continued Suspension on ASX

The Australian Securities Exchange (ASX) has announced the continuation of the suspension of Pacific Nickel Mines Limited’s securities from quotation due to concerns over the company’s operational levels and financial condition. The suspension, initiated in July 2024, will remain in place until the company complies with ASX Listing Rules, impacting its market presence and stakeholder confidence.