Paterson Resources (PSL) AI Stock Analysis

• Market Cap: AU$14.53M
• Dividend Yield: N/A
• Average Volume (3M): 1.54M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: N/A
• EPS Growth: 82.17%
• Country: AU
• Employees: 1,869
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 484,371,220
• 10 Day Avg. Volume: 1,682,098
• 30 Day Avg. Volume: 1,537,855
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 33 Underperform
• Price Target: ―

Paterson Resources' financial performance is the primary concern, with no revenue and persistent losses undermining confidence in its financial stability. Technical analysis presents a short-term upward momentum, but overbought conditions caution against sustained gains. The negative P/E ratio and absence of dividends further weigh down the valuation. Overall, the stock score reflects significant financial and operational challenges.

Paterson Resources Business Overview & Revenue Model

Company Description

Paterson Resources Ltd, a mineral resources company, focuses on the exploration and development of gold and copper projects in Australia. It holds 100% interest in the Grace project that covers an area of approximately 350 square kilometers located in the Paterson province in Western Australia; the Burraga project comprising 4 exploration licenses that covers an area of approximately 2 kilometers located in south of the village of Burraga; and the Pilbara gold project consisting of four exploration licenses located in Western Australia. The company was formerly known as Hardey Resources Limited and changed its name to Paterson Resources Ltd in December 2019. Paterson Resources Ltd was incorporated in 2005 and is based in Subiaco, Australia.

How the Company Makes Money

Paterson Resources makes money through the exploration and development of mineral properties, primarily targeting gold and copper deposits. The company generates revenue by advancing its exploration projects to a stage where they can attract investment or be sold to larger mining companies. This process involves identifying prospective mineral deposits, conducting geological surveys, drilling, and feasibility studies to determine the viability of mining operations. Additionally, Paterson Resources may form joint ventures or partnerships with other mining companies to share the costs and risks associated with exploration while retaining a stake in potential future profits. The company may also earn revenue from the sale of its developed mineral assets or from royalties on mineral production if the properties are successfully developed into operational mines.

Paterson Resources Financial Statement Overview

Summary

Paterson Resources faces substantial financial challenges with persistent losses, no revenue generation, and negative cash flow. Despite a debt-free balance sheet, reliance on equity and external financing highlights the need for operational improvements and strategic initiatives to achieve financial stability.

Income Statement

Paterson Resources has consistently reported zero revenue over the years, indicating no sales activity. The negative net income each year signifies ongoing losses, with significant net losses in recent years. The absence of revenue growth and negative profit margins highlight persistent operational challenges.

Balance Sheet

The company maintains a strong equity position with no debt, reflecting low financial risk. However, the declining total assets and equity over time suggest potential issues with asset utilization and shareholder value erosion. The equity ratio remains high, indicating reliance on shareholder funds rather than debt.

Cash Flow

Paterson Resources shows negative operating and free cash flows, with significant cash outflows for capital expenditures. Although financing cash flow is positive due to capital raising, the inability to generate positive operating cash flow raises concerns about long-term sustainability.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-6.81K	-24.38K	-16.25K	-6.95K	-4.42K
EBITDA	-981.69K	-5.63M	-10.61M	-886.57K	-421.69K
Net Income	-1.67M	-5.66M	-10.63M	-903.63K	-570.89K
Balance Sheet
Total Assets	7.72M	7.33M	11.35M	20.83M	19.35M
Cash, Cash Equivalents and Short-Term Investments	475.51K	586.64K	1.38M	2.21M	1.96M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	687.06K	213.91K	240.78K	338.09K	336.43K
Stockholders Equity	7.04M	7.12M	11.11M	20.49M	19.01M
Cash Flow
Free Cash Flow	-1.58M	-2.42M	-2.03M	-2.11M	-884.26K
Operating Cash Flow	-685.42K	-901.34K	-715.94K	-921.44K	-633.93K
Investing Cash Flow	-898.25K	-1.52M	-1.31M	-1.18M	-250.33K
Financing Cash Flow	1.47M	1.63M	1.20M	2.36M	2.33M

Paterson Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PSL, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 68.20 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PSL.

Paterson Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GML	50 Neutral	116.74M	9.68	―	―	―	―
HRZ	49 Neutral	200.25M	-4.53	-28.36%	―	―	―
GBZ	42 Neutral	194.06M	-14.71	―	―	―	―
MTH	41 Neutral	107.44M	-18.81	―	―	―	54.26%
PSL	33 Underperform	AU$14.53M	―	-17.01%	―	―	82.17%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Paterson Resources Corporate Events

Paterson Resources Reports Promising Gold Recovery Results at Grace Project

Paterson Resources has announced promising geochemical test results from its Grace Project, indicating high potential gold recoveries. The cyanide leach tests demonstrated gold recoveries of 93.4% and 96.7%, suggesting the ore is amenable to conventional cyanide leach processes. This development positions the company to further refine its metallurgical processes and potentially upgrade its resource and reserve estimates, which could have significant implications for its operational strategy and stakeholder interests.

Paterson Resources Releases Half-Year Financial Report for 2024

Paterson Resources Ltd has released its half-year financial report for the period ending December 31, 2024. The report includes key financial statements such as the Consolidated Statement of Profit or Loss, Financial Position, Changes in Equity, and Cash Flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could impact future investment decisions and company strategies.