Palamina (PA) AI Stock Analysis

• Market Cap: C$11.40M
• Dividend Yield: N/A
• Average Volume (3M): 41.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: N/A
• EPS Growth: -315.88%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 84,469,830
• 10 Day Avg. Volume: 54,820
• 30 Day Avg. Volume: 41,309
• PEG Ratio: 0.00
• Price to Book (P/B): -54.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.42
• 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: 37 Underperform
• 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.

Positive Factors

Strategic Positioning

Palamina's strategic focus on mineral-rich regions in Peru positions it well to capitalize on high-potential gold deposits, enhancing long-term growth prospects.

Promising Gold Discovery

The successful drill program indicating potential for an orogenic gold deposit boosts Palamina's exploration prospects, supporting future development and revenue generation.

Manganese Anomalies Discovery

The discovery of manganese anomalies could lead to new exploration opportunities, enhancing Palamina's asset portfolio and industry standing over time.

Negative Factors

Financial Instability

Instability in stockholders' equity reflects poor financial health, which could impact Palamina's ability to secure funding and manage assets effectively.

Lack of Revenue

The absence of revenue growth and persistent losses highlight operational challenges, limiting Palamina's ability to fund exploration and development activities.

Negative Cash Flow

Ongoing negative cash flows indicate challenges in generating cash from operations, which could hinder investment in growth and long-term financial stability.

Palamina Business Overview & Revenue Model

Company Description

Palamina Corp., through its subsidiary, Palamina S.A. de C.V., focuses on the exploration of mineral deposits in Mexico, Canada, and Peru. It explores for gold, copper, and silver deposits. The company owns 100% interests in the Usicayos Gold project covering an area of 14,600 hectares, the Bendi Gold project covering an area of 13,400 hectares, the Cori Gold project covering an area of 18,000 hectares, and the Inca Gold project covering an area of 2,600 hectares that are located in south-eastern Peru. It also owns 100% interests in the Tinka iron oxide copper-gold project covering an area of 1,800 hectares located in southern Peru; the Galena Silver Copper project covering an area of 10,300 hectares located at south-eastern Peru; and the El Santuario property located in the Cardonal district, Hidalgo State, Mexico. The company was incorporated in 2015 and is headquartered in Toronto, Canada.

How the Company Makes Money

Palamina 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

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

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

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.

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	-18.36K	0.00	-8.01K	-8.17K	-4.62K	-9.19K
EBITDA	-2.60M	-2.98M	-1.40M	-2.20M	-2.86M	-1.23M
Net Income	-2.63M	-3.22M	2.27K	-2.39M	-3.06M	-1.59M
Balance Sheet
Total Assets	165.68K	504.96K	3.71M	306.09K	2.66M	211.48K
Cash, Cash Equivalents and Short-Term Investments	18.83K	87.91K	3.04M	81.30K	2.23M	61.71K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.64M	635.32K	768.00K	442.57K	522.05K	425.14K
Stockholders Equity	-1.47M	-130.36K	2.94M	-136.48K	2.14M	-213.66K
Cash Flow
Free Cash Flow	-2.06M	-2.95M	-1.27M	-2.06M	-2.62M	-1.10M
Operating Cash Flow	-2.06M	-2.89M	-1.27M	-2.04M	-2.60M	-1.09M
Investing Cash Flow	284.54K	-60.19K	3.50M	-111.08K	-155.02K	43.38K
Financing Cash Flow	827.38K	0.00	726.06K	0.00	4.92M	1.08M

Palamina Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 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 TSE:PA, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.13, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.42 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PA.

Palamina 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%
SXTY	37 Underperform	C$10.52M	-18.64	-5.89%	―	―	56.30%
PA	37 Underperform	C$11.40M	-3.68	―	―	―	-315.88%
GPO	27 Underperform	C$10.98M	400.00	1.32%	―	―	―
FFF	20 Underperform	C$10.80M	-5.43	―	―	―	-190.68%

Palamina Corporate Events

Palamina Uncovers Key Manganese Anomalies at Galena Project

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

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.