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Palamina Corp (TSE:PA)
:PA
Canadian Market

Palamina (PA) AI Stock Analysis

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Palamina

(PA)

Rating:37Underperform
Price Target:
Palamina Corp. faces significant financial challenges, with consistent negative revenue and cash flow issues, despite having no debt. Technical analysis indicates weak momentum, while the valuation suggests potential undervaluation. The positive corporate event related to manganese anomalies offers some optimism for future exploration success, but overall, financial difficulties weigh heavily on the stock's potential.

Palamina (PA) vs. iShares MSCI Canada ETF (EWC)

Palamina Business Overview & Revenue Model

Company DescriptionPalamina (PA) is a mineral exploration company primarily focused on the acquisition and exploration of gold projects in Peru. The company operates in the mining sector and is dedicated to identifying and developing high-potential gold deposits. Palamina aims to leverage its expertise in exploration and its strategic positioning in mineral-rich regions to create value for its shareholders.
How the Company Makes MoneyPalamina makes money through the exploration and development of its gold projects, primarily located in Peru. The company's revenue model involves identifying promising mineral properties, conducting exploratory drilling and geological assessments, and then either developing these properties into producing mines or selling the projects to larger mining companies. Key revenue streams include potential sale of mineral rights, joint ventures, and eventual gold production. Partnerships with local stakeholders and larger mining companies play a significant role in advancing exploration projects and securing funding for development.

Palamina Financial Statement Overview

Summary
Palamina is facing significant financial struggles, with continuous losses and negative equity in some years. Despite having no debt, the lack of revenue and persistent cash flow issues suggest a need for strategic changes to achieve financial sustainability. The company needs to stabilize its operations and improve cash generation to enhance its financial health.
Income Statement
15
Very Negative
Palamina shows consistent negative revenue with no total revenue reported over the periods. The company has high EBIT and EBITDA losses, indicating significant operational challenges. Lack of revenue growth and negative profit margins highlight persistent deficiencies in generating income.
Balance Sheet
30
Negative
The balance sheet reflects a company with no debt, which mitigates financial risk. However, the fluctuating and sometimes negative stockholders' equity indicates instability. The equity ratio varies significantly, suggesting a lack of financial stability and efficient asset management.
Cash Flow
20
Very Negative
Cash flow statements show consistent negative operating and free cash flows, pointing to ongoing struggles in generating cash from core operations. Positive investing cash flow is primarily due to divestments rather than operational success, while the free cash flow to net income ratio remains negative.
BreakdownTTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-9.11K-8.01K-8.17K-4.62K-9.19K-13.37K
EBITDA-2.73M-1.40M-2.08M-2.69M-1.13M-1.83M
Net Income-1.96M-2.39M-3.06M-1.59M-1.60M
Balance Sheet
Total Assets1.63M3.71M306.09K2.66M211.48K596.19K
Cash, Cash Equivalents and Short-Term Investments964.75K3.04M81.30K2.23M61.71K34.66K
Total Debt0.000.000.000.000.000.00
Total Liabilities569.72K768.00K442.57K522.05K425.14K553.17K
Stockholders Equity1.06M2.94M-136.48K2.14M-213.66K43.02K
Cash Flow
Free Cash Flow-2.53M-1.27M-2.06M-2.62M-1.10M-1.76M
Operating Cash Flow-2.48M-1.27M-2.04M-2.60M-1.09M-1.76M
Investing Cash Flow3.45M3.50M-111.08K-155.02K43.38K-1.15K
Financing Cash Flow-16.50K726.06K0.004.92M1.08M1.75M

Palamina Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.10
Price Trends
50DMA
0.10
Positive
100DMA
0.10
Positive
200DMA
0.12
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
47.79
Neutral
STOCH
0.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PA, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.79 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PA.

Palamina Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSNGD
77
Outperform
$5.17B28.2814.62%23.61%
TSKNT
77
Outperform
C$3.61B14.3139.28%105.06%481.75%
TSORE
69
Neutral
C$584.01M5.8725.43%22.51%56.77%
44
Neutral
C$953.01M-6.70-13.31%2.79%17.55%-32.28%
TSPA
37
Underperform
C$7.52M5.59-313.29%
TSARU
24
Underperform
C$25.28M85.45%14.45%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:PA
Palamina
0.10
-0.04
-28.57%
TSE:NGD
New Gold
6.53
3.83
141.85%
TSE:ORE
Orezone Gold
1.10
0.45
69.23%
TSE:KNT
K92 Mining
15.01
7.18
91.70%
TSE:ARU
Aurania Resources
0.23
-0.18
-43.90%

Palamina Corporate Events

Business Operations and Strategy
Palamina Uncovers Key Manganese Anomalies at Galena Project
Positive
Jan 20, 2025

Palamina Corp. has identified significant manganese anomalies at its Galena Silver Copper Project in Peru through a comprehensive soil sampling program. This discovery, aligning with regional metallogenic trends, suggests potential for significant carbonate replacement deposit mineralization, which could enhance the company’s exploration efforts and industry positioning.

Palamina’s Promising Gold Discovery in Peru
Dec 9, 2024

Palamina Corp. has successfully completed its 2024 scout drill program at the Usicayos Gold Project in Peru, revealing promising gold mineralization in the Sol de Oro zone. The drilling identified both broad intervals and high-grade gold assays, indicating the potential for an orogenic gold deposit. These findings suggest significant opportunities for future exploration and development in the region.

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: Jan 21, 2025