Prodigy Gold NL (PRX) AI Stock Analysis

• Market Cap: AU$20.90M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 2.37
• Revenue Growth: N/A
• EPS Growth: 77.62%
• Country: AU
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 337,093,380
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.02
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 4730.62
• P/FCF Ratio: -1.78
• 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: 46 Neutral
• Price Target: AU$0.07 ▲(8.33% Upside)

The score is held down primarily by very weak fundamentals (minimal revenue, ongoing losses, and sustained cash burn with likely funding needs). Technicals provide some offset due to positive momentum above short-term moving averages, but the elevated RSI suggests the move may be overstretched. Valuation remains constrained by loss-making results and no dividend support.

Positive Factors

Low financial leverage / no debt

Having no reported debt in FY2025 meaningfully reduces solvency and interest-service risk for an exploration firm. Over the medium term this preserves cash flexibility to fund exploration activities and avoids covenant/interest constraints that can impair project advancement.

Narrowing net losses

A large year-over-year reduction in losses signals improving cost control and operational discipline. For an early-stage explorer, sustained narrowing of losses increases the likelihood of extending runway, reducing near-term financing frequency and improving prospects for advancing assets.

Focused gold exploration business model

A clear, asset-focused model centered on gold exploration provides structural optionality: successful drilling or defined resources can be monetised via JV, farm-out or sale. This asset-centric strategy is durable and aligned with long-term demand for gold exposure.

Negative Factors

Effectively pre-revenue

Minimal operating revenue means the company cannot self-fund exploration or development from sales, creating persistent reliance on external capital. Over months to years this undermines margin development and increases dilution and execution risk if markets tighten.

Sustained negative cash flow

Consistent negative operating and free cash flow reflects cash-based losses and a continuing burn profile. Persisting cash outflows force recurrent fundraising, constrain the scale and timing of exploration programs, and elevate the risk that projects are delayed or downsized.

Eroded equity and financing risk

A marked decline in shareholder equity over several years signals cumulative losses and a diminished capital buffer. This increases the probability of further dilutive raises, reduces capacity to absorb exploration setbacks, and limits financial flexibility for advancing projects.

Prodigy Gold NL Business Overview & Revenue Model

Company Description

Prodigy Gold NL explores for and develops mineral resources in the Tanami gold district of the Northern Territory of Australia. The company primarily explores for gold, copper, cobalt, zinc, tin, silver, lead, tantalum, lithium, and nickel deposits. It holds interests in the Hyperion project located to the North of the Central Tanami Plant; Buccaneer project situated to the North-West of Newmont Mining; and Reynolds Range project located to the north of Alice Springs. The company was formerly known as ABM Resources NL and changed its name to Prodigy Gold NL in May 2018. Prodigy Gold NL was incorporated in 1985 and is headquartered in Darwin, Australia.

How the Company Makes Money

Prodigy Gold NL generates revenue primarily through the exploration and development of gold and other mineral resources. The company aims to identify and evaluate mineral deposits that can be economically mined. Once a viable deposit is discovered and developed, Prodigy Gold NL can monetize these assets through several key revenue streams including the sale of mined minerals, joint ventures, and partnerships with other mining companies. Additionally, the company may enter into agreements that allow other firms to explore and develop certain properties in exchange for royalties or direct payments. These strategic partnerships and collaborations are crucial for spreading exploration risks and securing financial resources necessary for large-scale mining operations.

Prodigy Gold NL Financial Statement Overview

Summary

Prodigy Gold NL faces significant financial challenges, with no revenue generation and persistent losses impacting its income statement. While the balance sheet shows a strong cash position, the lack of asset growth and shrinking equity are concerns. Cash flow analysis reveals ongoing cash burn and reliance on external financing, indicating potential sustainability issues.

Income Statement

Prodigy Gold NL has consistently reported zero revenue over the years, indicating no operational revenue streams. The company shows persistent and significant net losses, with a declining trend in profitability metrics such as EBIT and EBITDA margins. This highlights substantial operational inefficiencies and a challenging financial trajectory.

Balance Sheet

The company maintains a strong cash position relative to its total liabilities, evidenced by its consistent net debt levels being negative, indicating no reliance on debt. However, the declining stockholders' equity and total assets suggest shrinking asset base and potential risks to financial stability.

Cash Flow

Operating cash flows remain negative, reflecting ongoing cash burn and lack of operational cash generation. The company has been financing its activities through cash inflows from financing activities, which may not be sustainable in the long term. Additionally, the free cash flow remains negative, emphasizing cash flow challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.20K	1.20K	0.00	0.00	0.00	0.00
Gross Profit	1.20K	1.20K	-13.83K	-13.54K	-10.57K	0.00
EBITDA	-3.74M	-3.74M	-10.35M	-5.20M	-7.81M	-4.40M
Net Income	-1.98M	-3.54M	-10.13M	-5.22M	-7.62M	-4.81M
Balance Sheet
Total Assets	8.82M	8.82M	7.86M	17.00M	13.70M	18.84M
Cash, Cash Equivalents and Short-Term Investments	1.20M	1.20M	2.34M	6.05M	2.40M	6.26M
Total Debt	0.00	0.00	0.00	0.00	2.50M	0.00
Total Liabilities	2.66M	2.66M	2.40M	2.44M	4.91M	2.54M
Stockholders Equity	6.16M	6.16M	5.45M	14.56M	8.79M	16.29M
Cash Flow
Free Cash Flow	-1.64M	-3.20M	-4.70M	-4.74M	-6.46M	-4.31M
Operating Cash Flow	-1.64M	-3.20M	-4.51M	-4.38M	-6.42M	-4.21M
Investing Cash Flow	100.00K	100.00K	-189.83K	-363.55K	163.80K	-103.34K
Financing Cash Flow	1.95M	1.95M	987.11K	8.40M	2.39M	-128.89K

Prodigy Gold NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GA8	48 Neutral	AU$37.79M	-8.92	-9.64%	―	626.10%	94.33%
PRX	46 Neutral	AU$20.90M	-2.79	-60.89%	―	―	77.62%
ADG	46 Neutral	AU$20.53M	-6.67	-25.56%	―	―	50.00%
VKA	45 Neutral	AU$16.15M	-4.35	-41.19%	―	―	14.81%
RR1	45 Neutral	AU$10.49M	-10.91	-6.63%	―	―	-136.67%

Prodigy Gold NL Corporate Events

Prodigy Gold Launches Comprehensive Study of Hyperion Deposit

Prodigy Gold NL has initiated a comprehensive study of the Hyperion gold deposit in collaboration with CSIRO, focusing on structural, mineralogical, and geochemical characterisation. This study aims to improve understanding of gold distribution and structural controls, potentially refining exploration strategies and resource growth in the Tanami region, thereby enhancing the company’s strategic positioning in the gold mining sector.

Prodigy Gold Reports Significant Drilling Results at Hyperion Deposit

Prodigy Gold NL has announced significant results from its recent Reverse Circulation drilling program at the Hyperion Gold Deposit, part of the Tanami North Project. The drilling campaign yielded outstanding gold intercepts, which will contribute to updating the Hyperion Mineral Resource estimate in early 2026. These results are expected to enhance the company’s resource confidence and potentially upgrade mineralization categories, impacting future mining approvals and exploration activities.

Prodigy Gold NL Director Adjusts Investment Portfolio

Prodigy Gold NL has announced a change in the director’s interest, with Brett Smith acquiring 350,000 ordinary shares and disposing of 75,000 unlisted options. This transaction reflects an on-market purchase and the expiry of unlisted options, indicating a strategic adjustment in the director’s investment portfolio within the company.

Prodigy Gold NL Announces Cessation of Securities

Prodigy Gold NL announced the cessation of 75,000 securities due to the expiry of options on November 2, 2025. This development may impact the company’s capital structure and could influence investor perceptions and market positioning, as it reflects the company’s current strategic decisions regarding its financial instruments.

Prodigy Gold NL Updates Security Consolidation Details

Prodigy Gold NL has announced an update regarding the consolidation of its securities, specifically affecting its ordinary shares and various options with different expiration dates. This reorganization aims to streamline the company’s capital structure, potentially impacting its market positioning and shareholder value by optimizing the number of shares and options available.

Prodigy Gold NL Announces Director’s Interest Change Post Share Consolidation

Prodigy Gold NL announced a change in the director’s interest notice, specifically regarding the security holdings of Director Mark Edwards. The change is attributed to a share consolidation approved at the company’s recent AGM, impacting the number of securities held by Mr. Edwards and reflecting the company’s strategic financial adjustments.

Prodigy Gold NL Announces Director’s Interest Change Following Share Consolidation

Prodigy Gold NL announced a change in the director’s interest notice, specifically regarding Neale Edwards’ holdings. The change in securities was due to a share consolidation approved at the company’s recent AGM. This adjustment reflects the company’s ongoing efforts to streamline its operations and optimize its capital structure, potentially impacting shareholder value and market perception.

Prodigy Gold Completes Share Consolidation to Streamline Capital Structure

Prodigy Gold NL has completed a share consolidation at a 1:20 ratio, as approved in their 2025 Annual General Meeting. This restructuring aims to streamline the company’s capital structure, potentially enhancing its market position and operational efficiency. The new capital structure includes a revised number of ordinary shares and options, with normal trading resuming on 3 November 2025.

Prodigy Gold NL Announces Share Consolidation Following AGM Approval

Prodigy Gold NL has announced a shareholder-approved consolidation of its capital at a 1:20 ratio during its 2025 Annual General Meeting. This move, which temporarily changes the trading code to PRXDB, aims to streamline the company’s capital structure, with normal trading resuming on November 3, 2025. The consolidation is expected to impact the company’s market operations by potentially enhancing the value of its shares and improving its market positioning.

Prodigy Gold NL Announces AGM Voting Results

Prodigy Gold NL, a company listed on the Australian Securities Exchange under the ticker PRX, held its Annual General Meeting on 21 October 2025 in Darwin, Northern Territory. The meeting’s primary focus was on the voting results for various resolutions proposed to the shareholders. The outcomes of these resolutions are crucial for the company’s governance and strategic direction, impacting its operations and potentially influencing its market positioning.

Prodigy Gold NL Advances Exploration and Resource Development Initiatives

Prodigy Gold NL’s recent update highlights the company’s ongoing exploration activities and resource development efforts. The announcement underscores the company’s commitment to advancing its projects, which could potentially enhance its market position and offer new opportunities for stakeholders. The company continues to focus on its strategic initiatives to capitalize on its mineral assets, although specific outcomes and impacts remain subject to future developments.

Prodigy Gold Advances Exploration and Secures Funding for Future Growth

Prodigy Gold NL announced significant progress in its exploration activities for the quarter ending September 2025. The company completed several drilling programs and a geophysical survey at its Tanami North Project, enhancing its geological understanding and refining drill targeting. Additionally, Prodigy Gold raised approximately $6.4 million through an entitlement offer to fund exploration and development activities, with a focus on transitioning from exploration to mining. These efforts are expected to strengthen Prodigy Gold’s position in the gold mining industry and provide potential future mining opportunities.

Prodigy Gold Completes Sale of Unmarketable Share Parcels

Prodigy Gold NL has completed the sale of unmarketable parcels of its shares, a process initiated to streamline its shareholder base. This transaction involved 52,183,790 shares from 2,732 shareholders, representing 73% of the company’s total shareholders but less than 0.78% of its issued capital, and generated $130,459.48 before fees. The proceeds will be distributed to shareholders, with small amounts donated to Save the Children Australia, potentially enhancing operational efficiency and shareholder value.

Prodigy Gold Advances Exploration at Tanami North Project

Prodigy Gold NL has completed reverse circulation (RC) drilling at its Tanami North project, with 29 holes drilled totaling 3,257 meters. The company is currently reviewing results from a dipole-dipole induced polarisation (IP) survey at Hyperion and plans to commence co-funded diamond drilling shortly. These activities are part of Prodigy Gold’s active exploration phase aimed at enhancing the confidence in existing mineral resources and potentially upgrading mineralization categories. The results of these efforts are expected to impact the company’s operations by advancing its core assets and potentially increasing shareholder value.