Jangada Mines PLC (JAN) AI Stock Analysis

• Market Cap: £10.92M
• Dividend Yield: N/A
• Average Volume (3M): 8.34M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.43
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 704,316,350
• 10 Day Avg. Volume: 8,221,268
• 30 Day Avg. Volume: 8,340,953
• PEG Ratio: >-0.01
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: >-0.01
• 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: 50 Neutral
• Price Target: 1.50p ▼(-9.09% Downside)

The score is held back primarily by weak financial performance (pre-revenue profile, recurring losses, and ongoing cash burn despite zero debt). Technicals are comparatively stronger with price above key moving averages and moderately positive momentum, while valuation remains constrained by losses (negative P/E) and no dividend support.

Positive Factors

Low Financial Leverage (Zero Debt)

A zero-debt balance sheet materially reduces solvency and interest burden risk over the medium term, preserving flexibility for financing exploration or development via equity or project financing. This structural strength lowers bankruptcy risk and supports longer project timelines.

Narrowing Net Losses

Year-over-year narrowing of net losses signals improving cost control or lower operating burn, which, if sustained, reduces cumulative capital need and strengthens the runway. This trend is a durable operational improvement rather than a one-off market move.

Improving Cash Burn Trend

Improvement in operating and free cash flow demonstrates progress toward tighter cash management and lower financing frequency. If maintained, reduced cash burn supports longer-term project development and lowers execution risk tied to continuous near-term fundraising.

Negative Factors

Pre-Revenue Profile

A sustained pre-revenue status means the firm lacks a proven commercial engine and predictable margins; long-term value depends on successful exploration or development outcomes, making future cash generation binary and financing-dependent.

Declining Equity and Asset Base

Meaningful declines in equity and assets reflect capital erosion and weakening balance-sheet buffers. This structural deterioration reduces covenant flexibility, raises the probability of dilution for new funding, and signals persistent value destruction absent operational turnaround.

Persistent Negative Cash Flow and Funding Need

Ongoing negative operating and free cash flow creates a structural reliance on external financing. Over the medium term this increases dilution risk or the need for costly project financing, constraining strategic options and elevating execution risk for development timelines.

Jangada Mines PLC Business Overview & Revenue Model

Company Description

Jangada Mines Plc, through its subsidiaries, engages in the exploration and development of mining assets in Brazil. The company explores for vanadium, titanium, and iron deposits. It holds 100% interest in the Pitombeiras vanadium project located in the state of Ceará, Brazil. The company was incorporated in 2015 and is based in London, the United Kingdom.

How the Company Makes Money

Jangada Mines PLC Financial Statement Overview

Summary

Income statement shows no revenue and ongoing operating/net losses (only modestly narrowing year over year). Cash flow remains negative with continued cash burn, implying ongoing funding needs. Balance sheet has the benefit of zero debt, but declining equity/assets and negative returns point to continued value erosion and elevated execution/financing risk.

Income Statement

The company reports no revenue across the provided annual periods, and profitability remains weak with sizable operating losses and net losses in 2023 and 2024. Losses narrowed versus 2023 (net loss improved from about -1.02m to about -0.94m), but the business is still not demonstrating a sustainable earnings base, and margins are effectively non-existent given the lack of sales.

Balance Sheet

The balance sheet shows low financial leverage with total debt at zero in 2023–2024, which reduces solvency risk. However, equity and assets declined meaningfully from 2023 to 2024 (equity down from ~4.06m to ~2.56m; assets down from ~4.26m to ~2.97m), and returns on equity are negative in recent years, reflecting ongoing value erosion despite the low debt load.

Cash Flow

Cash generation remains a key concern: operating cash flow and free cash flow are negative in 2023 and 2024 (roughly -0.95m/-0.99m improving to -0.73m/-0.74m). The cash burn rate improved year over year, but cash flow still does not cover losses on a sustainable basis and indicates continued funding needs if this pattern persists.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-782.00	0.00	0.00	0.00	0.00
EBITDA	―	-912.00K	-1.02M	-732.00K	1.90K	-1.12M
Net Income	-941.56K	-941.45K	-1.02M	-936.00	92.00	-1.51M
Balance Sheet
Total Assets	2.40M	2.97M	4.26M	4.99K	6.39K	4.41K
Cash, Cash Equivalents and Short-Term Investments	35.76K	66.00K	414.00K	1.40K	3.59K	513.00
Total Debt	0.00	0.00	0.00	0.00	0.00	56.00
Total Liabilities	626.85K	413.00K	200.00K	134.00	59.00	129.00
Stockholders Equity	2.43M	2.56M	4.06M	4.86K	6.33K	4.28K
Cash Flow
Free Cash Flow	-335.00	-741.00K	-988.00K	-997.00	-1.58K	-1.69K
Operating Cash Flow	-27.28K	-730.00K	-953.00K	-923.00	-1.11K	-1.35K
Investing Cash Flow	129.93K	363.00K	-25.00K	-1.04K	2.66K	1.66K
Financing Cash Flow	0.00	0.00	0.00	-102.00	1.59K	-41.00

Jangada Mines PLC 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%
ZNWD	52 Neutral	£35.80M	-12.55	-7.78%	―	―	-19.57%
JAN	50 Neutral	£10.92M	-4.23	-43.78%	―	―	―
CTL	50 Neutral	£18.26M	-1.30	-35.54%	―	―	―
RBW	46 Neutral	£112.75M	-48.68	-21.81%	―	―	28.30%

Jangada Mines PLC Corporate Events

Jangada Mines Raises Funds via Warrant Exercise and Increases Share Capital

Jangada Mines has raised gross proceeds of £83,333.33 through the exercise of warrants at 1 pence per share, issuing 8,333,333 new ordinary shares that will be admitted to trading on AIM, taking its total issued share capital to 712,649,653 shares. The new shares, which carry full voting rights and rank pari passu with existing stock, slightly dilute existing shareholders but provide additional funding to support the company’s ongoing exploration and development activities in Brazil, while also resetting the total voting rights denominator for investors’ disclosure obligations under UK market rules.

The most recent analyst rating on (GB:JAN) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Jangada Mines PLC stock, see the GB:JAN Stock Forecast page.

Jangada Mines Raises Further Funds Through Warrant Exercise

Jangada Mines has issued 5,000,000 new ordinary shares following the exercise of warrants at 1 pence per share, raising gross proceeds of £50,000 and bringing total funds from warrant exercises to approximately £640,000. The new shares, which will rank pari passu with existing stock, are set to begin trading on AIM on 20 January 2026, increasing the company’s issued share capital to 704,316,320 ordinary shares and slightly diluting existing holdings while providing additional capital to support its ongoing project development in Brazil.

The most recent analyst rating on (GB:JAN) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Jangada Mines PLC stock, see the GB:JAN Stock Forecast page.

Jangada Mines Enhances Financial Position with New Share Issuance

Jangada Mines Plc announced the exercise of warrants resulting in the issuance of 21,333,333 new ordinary shares, generating gross proceeds of £213,333.33. This development increases the company’s total share capital to 699,316,320 ordinary shares, enhancing its financial position and potentially impacting shareholder interests. The new shares are set to commence trading on AIM, reflecting the company’s strategic financial maneuvers to support its ongoing projects in Brazil.

Jangada Mines Issues New Shares Following Warrant Exercise

Jangada Mines Plc has issued 16,666,666 new ordinary shares following the exercise of warrants, generating gross proceeds of £166,666.66. The new shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 677,982,987 ordinary shares. This development may impact shareholder calculations regarding their interest in the company’s share capital under the FCA’s Disclosure Guidance and Transparency Rules.

Jangada Mines Issues New Shares Following Warrant Exercise

Jangada Mines Plc announced the issuance of 16,666,666 new ordinary shares following a warrant exercise, generating gross proceeds of £166,666.66. The new shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 661,316,321 ordinary shares. This development reflects Jangada’s ongoing efforts to strengthen its financial position and enhance its operational capabilities, potentially impacting its market presence and stakeholder interests.

Jangada Mines Strengthens Board with New Non-Executive Director Appointment

Jangada Mines Plc has appointed Hugo de Salis as a Non-Executive Director to strengthen its board as it advances its gold development strategy in Brazil. De Salis, with over 30 years of experience in financial services, brings valuable expertise in capital markets and investor relations, which is expected to enhance the company’s market-facing capabilities. This appointment comes at a crucial time as Jangada progresses its exploration campaign at the Paranaíta Gold Project, having completed significant trenching and drilling activities. The company aims to deliver value for its shareholders and stakeholders by leveraging de Salis’ network and expertise.

Jangada Mines Issues New Shares Following Warrant Exercise

Jangada Mines Plc has issued 4,166,666 new ordinary shares following a warrant exercise, generating gross proceeds of £41,666.67. The new shares will be admitted to trading on AIM, increasing the company’s total share capital to 644,649,655 ordinary shares. This development is part of Jangada’s strategic efforts to enhance its financial position and support its ongoing projects in Brazil, potentially impacting shareholder interests and market dynamics.