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Prodigy Gold NL (AU:PRX)
ASX:PRX
Australian Market
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Prodigy Gold NL (PRX) AI Stock Analysis

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AU:PRX

Prodigy Gold NL

(Sydney:PRX)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
AU$0.07
▲(13.33% Upside)
Action:Reiterated
Date:07/28/26
The score is driven primarily by weak financial performance (minimal revenue, continued losses, and ongoing cash burn implying funding/dilution risk), partially offset by a low-debt balance sheet. Technicals are mixed (above the 20-day but below the 50-day average), and valuation offers limited support due to unprofitability and no dividend data.
Positive Factors
Low financial leverage (debt-free balance sheet)
A debt-free balance sheet materially reduces solvency and interest-rate risk for an exploration company. This structural strength preserves financial flexibility to time capital raises or farm-down assets, and lowers fixed obligations that can otherwise accelerate distress during multi-year exploration programs.
Negative Factors
Pre-revenue / minimal commercial revenue
Practically no operating revenue means the company lacks internal cash generation to fund operations or exploration, leaving it reliant on external financing. Over a 2–6 month horizon this structural absence of revenue heightens dilution risk and limits demonstrated commercial viability of projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage (debt-free balance sheet)
A debt-free balance sheet materially reduces solvency and interest-rate risk for an exploration company. This structural strength preserves financial flexibility to time capital raises or farm-down assets, and lowers fixed obligations that can otherwise accelerate distress during multi-year exploration programs.
Read all positive factors

Prodigy Gold NL (PRX) vs. iShares MSCI Australia ETF (EWA)

Prodigy Gold NL Business Overview & Revenue Model

Company Description
Prodigy Gold NL, founded in 1985 and based in Darwin, Australia, is engaged in the exploration and development of mineral resources. The company concentrates its operations within Australia's Northern Territory, specifically in the Tanami gold dis...
How the Company Makes Money
null...

Prodigy Gold NL Financial Statement Overview

Summary
Financials reflect an early-stage, pre-revenue profile: revenue is effectively zero, losses remain material despite FY2025 improvement, and operating/free cash flow are still negative (ongoing cash burn). The key offset is a low-debt balance sheet (debt at $0), but shrinking equity over time increases future funding/dilution risk.
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
32
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue1.20K1.20K0.000.000.000.00
Gross Profit-46.14K1.20K-13.83K-13.54K-10.57K0.00
EBITDA-4.64M-3.74M-10.35M-5.20M-7.81M-4.40M
Net Income-4.32M-3.54M-10.13M-5.22M-7.62M-4.81M
Balance Sheet
Total Assets10.55M8.82M7.86M17.00M13.70M18.84M
Cash, Cash Equivalents and Short-Term Investments5.24M1.20M2.34M6.05M2.40M6.26M
Total Debt0.000.000.000.002.50M0.00
Total Liabilities2.02M2.66M2.40M2.44M4.91M2.54M
Stockholders Equity8.53M6.16M5.45M14.56M8.79M16.29M
Cash Flow
Free Cash Flow-4.56M-3.20M-4.70M-4.74M-6.46M-4.31M
Operating Cash Flow-4.53M-3.20M-4.51M-4.38M-6.42M-4.21M
Investing Cash Flow-26.73K100.00K-189.83K-363.55K163.80K-103.34K
Financing Cash Flow6.98M1.95M987.11K8.40M2.39M-128.89K

Prodigy Gold NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
AU$62.21M-9.06-75.49%119.02%1.85%
47
Neutral
AU$23.00M-19.29-13.61%6.67%
45
Neutral
AU$21.24M-3.32-58.76%28.68%
45
Neutral
AU$15.64M-4.23-78.42%46.51%
44
Neutral
AU$23.14M-2.22-28.97%75.79%
41
Neutral
AU$9.81M450.00-16.36%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PRX
Prodigy Gold NL
0.06
0.01
18.87%
AU:TRM
Truscott Mining Corporation Ltd
0.05
>-0.01
-10.00%
AU:ION
Southern Gold Limited
0.06
0.02
62.86%
AU:GMN
Gold Mountain Limited
0.07
0.02
33.33%
AU:MVL
Marvel Gold Ltd.
0.01
>-0.01
-16.67%
AU:CVR
Cavalier Resources Limited
0.28
-0.02
-8.33%

Prodigy Gold NL Corporate Events

Prodigy Gold Advances Hyperion Study and Old Pirate Restart Plans in Tanami
Jul 26, 2026
Prodigy Gold NL reported a strong June quarter marked by completion of a scoping study for its Hyperion Gold Project at Tanami North, outlining an open-pit operation over four years with processing over five years and potential recovery of about 2...
Prodigy Gold Advances Old Pirate Mine Restart and Reports High-Grade Ore Sorting Results
Jul 1, 2026
Prodigy Gold NL is progressing regulatory approvals to restart mining at its Old Pirate gold mine within the Twin Bonanza project in the Northern Territory. The company is working within a previously assessed Environmental Impact Statement, has an...
Prodigy Gold Wins NT Grant for Deep Drilling at Hyperion Deposit
Jun 9, 2026
Prodigy Gold NL has secured a A$112,152 co-funding grant from the Northern Territory Government’s Geophysics and Drilling Collaborations Program to support deep diamond drilling at its Hyperion Gold Deposit in the Tanami North Project. The f...
Prodigy Gold NL Appoints New Director With No Initial Shareholdings
May 31, 2026
Prodigy Gold NL has appointed Daniel Karl Broughton as a director effective 1 June 2026, according to a disclosure lodged with the ASX. The initial director’s interest notice confirms that Broughton holds no relevant interests in the company...
Prodigy Gold NL Announces Departure of Director Brett Smith
May 31, 2026
Prodigy Gold NL has announced that Brett Smith has ceased to be a director of the company as of 1 June 2026, in a formal notice lodged with the ASX. The filing records that Smith holds 702,515 fully paid ordinary shares in the company, with no add...
Prodigy Gold Scoping Study Backs Viable Open Pit at Hyperion
May 26, 2026
Prodigy Gold NL has released a scoping study confirming that its Hyperion Gold Deposit at Tanami North in the Northern Territory could support a viable, low-complexity open pit mining operation. The study is based on a 9.8 million tonne mineral re...
Prodigy Gold Options Lapse Following Unmet Conditions
May 4, 2026
Prodigy Gold NL has reported the cessation of 100,000 listed options with an exercise price of $0.76, which expired on 1 May 2026. The options lapsed because the conditions attached to the rights were not met or had become incapable of being satis...
Prodigy Gold lifts Hyperion resource confidence and advances Tanami project approvals
Apr 29, 2026
Prodigy Gold NL reported an upgraded mineral resource for its Hyperion Gold Deposit, with indicated resources rising 70% in ounces to 212,000oz and total resources increasing modestly to 454,000oz, underpinned by encouraging new diamond drilling r...
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.Date of analysis: Jul 28, 2026