Province Resources Ltd (PRL) AI Stock Analysis

• Market Cap: AU$5.91M
• Dividend Yield: N/A
• Average Volume (3M): 34.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: N/A
• EPS Growth: 4.35%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 1,181,493,200
• 10 Day Avg. Volume: 104,500
• 30 Day Avg. Volume: 34,833
• PEG Ratio: 0.27
• Price to Book (P/B): 4.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.13
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: ―

Province Resources Ltd is struggling with a lack of profitability and revenue generation, which severely impacts its financial performance and valuation scores. The stock's technical indicators suggest a persistent downward trend. Overall, the stock faces significant challenges that need to be addressed to improve its attractiveness to investors.

Positive Factors

Strong Equity Position

A strong equity position indicates financial stability and reduces reliance on debt, providing a solid foundation for future growth initiatives.

Strategic Market Transition

Transitioning to NSX is a strategic move to enhance market presence and align with operational goals, potentially improving liquidity and shareholder value.

Focus on Green Hydrogen

Focusing on green hydrogen aligns with global clean energy trends, positioning the company for long-term growth in the renewable energy sector.

Negative Factors

Lack of Revenue Generation

The lack of revenue generation and consistent losses highlight operational challenges, impacting financial sustainability and limiting growth potential.

Negative Cash Flows

Negative cash flows from operations suggest liquidity issues, which can constrain the company's ability to invest in growth and innovation.

Profitability Concerns

Ongoing lack of profitability raises concerns about the company's ability to sustain operations and achieve financial health in the long term.

Province Resources Ltd Business Overview & Revenue Model

Company Description

Province Resources Limited explores for, evaluates green energy and mineral resources in Australia, Sweden, and the United Kingdom. The company primarily explores for copper, gold, nickel, vanadium, and other minerals, as well as salt, potash, mineral sands, and renewable green hydrogen. It holds interests in the HyEnergy green hydrogen project located in the Gascoyne region of Western Australia; the Gnama project located to the southern end of the Fraser Range; the Skåne vanadium project located to the southern-most tip of Sweden; and the Pascalle copper-gold project located in the Paterson province. The company was formerly known as ScandiVanadium Ltd and changed its name to Province Resources Limited in November 2020. Province Resources Limited was incorporated in 1993 and is based in Subiaco, Australia.

How the Company Makes Money

Province Resources Ltd generates revenue through the exploration and development of renewable energy projects, primarily focused on green hydrogen production. The company aims to capitalize on the growing demand for clean energy solutions by developing projects that convert renewable energy into hydrogen, which can be used as a zero-emission fuel source. Additionally, Province Resources seeks revenue from its mineral exploration activities, targeting valuable resources such as gold and base metals. The company's earnings are influenced by strategic partnerships, government incentives for renewable energy projects, and the market demand for both green hydrogen and mineral resources. These factors, combined with their focus on sustainable practices, contribute to their revenue streams.

Province Resources Ltd Financial Statement Overview

Summary

Province Resources Ltd faces significant challenges with no revenue generation and consistent losses. The strong equity base provides some stability, but the ongoing negative cash flows and lack of profitability are concerning. Strategic improvements are needed to enhance revenue and profitability.

Income Statement

Province Resources Ltd has shown consistent negative net income, highlighting a lack of profitability. The company has no revenue in the most recent period, making growth rates and profit margins unfavorable. The negative EBIT and EBITDA margins further indicate operational inefficiencies.

Balance Sheet

The balance sheet shows a strong equity position relative to total assets, with an equity ratio of 97.6%. The company has minimal debt, which reduces financial risk, but the lack of revenue generation impacts its overall financial stability.

Cash Flow

Operating cash flows are negative, indicating cash outflows from core business activities. Free cash flow is also negative, pointing to potential liquidity issues. Despite this, the company has managed to maintain a cash reserve, though it is decreasing over time.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	206.38K	0.00	50.00K	0.00	0.00	0.00
Gross Profit	-46.26K	-2.85M	-2.47M	-106.00K	-9.31K	-5.15K
EBITDA	-6.42M	-2.73M	-8.00M	-8.65M	-14.49M	-1.74M
Net Income	-6.68M	-2.66M	-8.26M	-8.75M	-14.50M	-1.73M
Balance Sheet
Total Assets	13.30M	10.93M	17.12M	23.29M	25.81M	4.64M
Cash, Cash Equivalents and Short-Term Investments	11.82M	10.16M	15.58M	20.38M	23.54M	2.91M
Total Debt	110.67K	64.76K	153.19K	54.19K	0.00	0.00
Total Liabilities	627.62K	267.41K	1.10M	937.94K	163.71K	287.61K
Stockholders Equity	12.68M	10.66M	16.02M	22.35M	25.64M	4.35M
Cash Flow
Free Cash Flow	-5.90M	-5.34M	-4.73M	-4.28M	-2.14M	-1.57M
Operating Cash Flow	-5.85M	-5.33M	-4.52M	-3.63M	-1.95M	-1.54M
Investing Cash Flow	-92.57K	2.56K	-228.60K	-508.74K	-296.09K	-27.61K
Financing Cash Flow	-65.10K	-98.47K	―	976.84K	22.86M	718.06K

Province Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BOA	49 Neutral	AU$4.64M	-2.29	-27.31%	―	―	-121.54%
C7A	46 Neutral	AU$4.52M	―	-47.79%	―	―	52.53%
CZN	46 Neutral	AU$8.08M	-1.97	-6.61%	―	―	69.66%
FIN	45 Neutral	AU$10.56M	-11.11	-24.22%	―	―	83.93%
C29	44 Neutral	AU$3.83M	-0.55	-126.15%	―	―	24.09%
PRL	38 Underperform	AU$5.91M	-5.45	-26.98%	―	―	4.35%