Prodigy Gold NL (PRX) AI Stock Analysis

• Market Cap: AU$6.35M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 1.93
• Revenue Growth: N/A
• EPS Growth: 78.00%
• Country: AU
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 3,175,055,700
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• 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: 38 Underperform
• Price Target: ―

Prodigy Gold NL has a low overall stock score due to significant financial challenges and sustainability issues, as indicated by persistent losses and reliance on external financing. The valuation is unfavorable with a negative P/E ratio and no dividend yield. Technical analysis is limited, but high volatility is a concern. These factors present a high-risk profile for investors.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-13.83K	-13.54K	-10.57K	0.00	0.00
EBITDA	-10.26M	-5.48M	-4.61M	-4.82M	-6.34M
Net Income	-10.13M	-5.22M	-7.62M	-4.81M	-5.62M
Balance Sheet
Total Assets	7.86M	17.00M	13.70M	18.84M	23.58M
Cash, Cash Equivalents and Short-Term Investments	2.34M	6.05M	2.40M	6.26M	10.70M
Total Debt	0.00	0.00	2.50M	0.00	0.00
Total Liabilities	2.40M	2.44M	4.91M	2.54M	2.63M
Stockholders Equity	5.45M	14.56M	8.79M	16.29M	20.96M
Cash Flow
Free Cash Flow	-4.70M	-4.74M	-6.46M	-4.31M	-6.89M
Operating Cash Flow	-4.51M	-4.38M	-6.42M	-4.21M	-6.89M
Investing Cash Flow	-189.83K	-363.55K	163.80K	-103.34K	3.18K
Financing Cash Flow	987.11K	8.40M	2.39M	-128.89K	11.23M

Prodigy Gold NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMS	78 Outperform	AU$7.01B	8.90	―	2.19%	36.34%	110.55%
EVN	75 Outperform	AU$20.70B	22.11	―	1.95%	35.31%	115.08%
NST	75 Outperform	AU$32.52B	20.19	8.98%	2.42%	30.35%	102.55%
GOR	69 Neutral	AU$3.78B	18.27	11.62%	0.57%	46.42%	99.69%
PRX	38 Underperform	AU$6.35M	―	-60.89%	―	―	78.00%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Prodigy Gold NL Corporate Events

Prodigy Gold NL Announces Cessation of Securities

Prodigy Gold NL announced the cessation of 750,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may affect the company’s capital structure and could have implications for stakeholders regarding the company’s financial strategies and market positioning.

Prodigy Gold Updates Hyperion Resource Estimate and Prepares for 2025 Exploration

Prodigy Gold NL has updated the Mineral Resource estimate for its Hyperion Gold Deposit, reflecting a 12% increase in tonnes and a 7% rise in gold ounces, totaling 435,000 ounces. Preliminary metallurgical test results indicate excellent gold recoveries, particularly for oxide and transition mineralization, suggesting promising prospects for future development. The company is preparing for further drilling and exploration activities in 2025, focusing on enhancing the Hyperion Deposit’s resource confidence and potentially expanding its inventory.

Prodigy Gold NL Announces Change in Substantial Holding

Prodigy Gold NL has announced that Ignite Equity PTY LTD and its related entities have ceased to be substantial holders in the company. This change occurred due to an on-market sale of 24,500,000 voting securities for a consideration of $49,000. The announcement indicates a shift in the ownership structure of Prodigy Gold NL, which may impact its market positioning and stakeholder interests.

Prodigy Gold NL Highlights Hyperion Deposit at AGES Conference

Prodigy Gold NL presented at the AGES Conference, highlighting their geological understanding of the Hyperion Gold Deposit. This presentation underscores the company’s commitment to advancing its exploration efforts and provides insights into its strategic focus on the Hyperion project, which is crucial for its future growth and industry standing.

Prodigy Gold Updates Hyperion Mineral Resource, Boosting Gold Reserves

Prodigy Gold NL has announced an updated Mineral Resource estimate for its Hyperion Gold deposit, showing an increase to 9.66 million tonnes at 1.4g/t gold for 435,000 ounces. This update reflects a 12% increase in tonnes and a 7% increase in ounces compared to the previous estimate, attributed to new drilling data and a lower cut-off grade due to higher gold prices. The update underscores the strategic importance of the Tanami North project, with plans for further exploration and drilling to assess potential underground extraction opportunities.

Prodigy Gold NL Reports Promising Metallurgical Test Results for Hyperion Deposit

Prodigy Gold NL has announced preliminary results from the second phase of metallurgical testwork on the Hyperion deposit, revealing excellent gold recoveries for oxide and transition mineralization through a conventional Carbon In Leach (CIL) plant. These results, which show higher calculated gold grades than composite sample grades, will support the company’s Mineral Lease application and future mine planning. While the oxide and transition zones demonstrated high recoveries, further work is needed to understand the lower recoveries in fresh material. The company plans additional drilling to enhance structural and lithological analysis, potentially supported by government grants.

Prodigy Gold NL Unveils 2025 Exploration Plans for Tanami Region

Prodigy Gold NL has outlined its exploration plans for the 2025 field season, focusing on the Tanami North and Tanami West projects in the Northern Territory. The company plans to conduct drilling and sampling at key sites, including Hyperion and Tregony, to potentially expand their mineral resource estimates. They are also assessing the development of the Old Pirate Deposit and exploring joint venture opportunities. These efforts aim to build on the successes of previous campaigns and strengthen their position in the gold exploration sector.

Prodigy Gold NL Releases Interim Financial Report

Prodigy Gold NL has released its interim financial report for the half-year ending 31 December 2024. While the report itself does not disclose specific financial details, it suggests a period of assessment and reflection for the company. The announcement, primarily administrative, provides official company information, including key personnel, auditors, and contact details, which are essential for stakeholders.