Patagonia Gold (PGDC) AI Stock Analysis

• Market Cap: C$93.01M
• Dividend Yield: N/A
• Average Volume (3M): 52.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.64
• Revenue Growth: 14.89%
• EPS Growth: -24.08%
• Country: CA
• Employees: 154
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 465,051,480
• 10 Day Avg. Volume: 53,830
• 30 Day Avg. Volume: 52,539
• PEG Ratio: >-0.01
• Price to Book (P/B): -3.27
• Price to Sales (P/S): 1.10
• P/FCF Ratio: -1.17
• 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: 49 Neutral
• Price Target: C$0.20 ▼(-0.50% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by significant losses and financial instability. While technical analysis shows some positive momentum, the negative valuation metrics further weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Despite financial challenges, the company shows a strong revenue growth rate, indicating potential for market expansion and increased sales.

Strategic Partnerships

Strategic partnerships enhance resource access and operational efficiency, supporting long-term growth and stability in the mining sector.

Sustainable Practices

A focus on sustainability can improve community relations and regulatory compliance, providing a competitive edge in the mining industry.

Negative Factors

Negative Profit Margins

Persistent negative profit margins indicate ongoing operational inefficiencies and challenges in achieving profitability, impacting financial health.

High Leverage

Heavy reliance on debt financing increases financial risk, limiting flexibility and potentially affecting long-term sustainability.

Liquidity Issues

Negative cash flows highlight liquidity challenges, necessitating improvements in cash management to ensure operational continuity.

Patagonia Gold Business Overview & Revenue Model

Company Description

Patagonia Gold (PGDC) is a mining company focused on the exploration and development of gold and silver properties in South America, particularly in Argentina and Chile. The company aims to identify and develop high-quality mineral resources, leveraging its expertise in geology and mining operations. Patagonia Gold is engaged in various stages of mining, including exploration, resource estimation, and production, with a commitment to sustainable practices in the mining sector.

How the Company Makes Money

Patagonia Gold generates revenue primarily through the extraction and sale of gold and silver. The company's main revenue streams include the sale of dore bars, which are semi-pure alloys of gold and silver, produced at its mining operations. Additionally, revenue is supplemented by strategic partnerships and joint ventures with other mining companies and local stakeholders, which can enhance resource access and operational efficiency. Factors contributing to its earnings include fluctuating commodity prices, operational efficiency, and successful exploration efforts that lead to new discoveries and the expansion of existing mines.

Patagonia Gold Financial Statement Overview

Summary

Patagonia Gold faces significant financial challenges. The income statement reveals persistent losses and negative margins. The balance sheet indicates high leverage and negative equity, suggesting financial instability. Cash flow analysis shows liquidity issues, necessitating improvements in cash management.

Income Statement

Patagonia Gold's income statement shows significant challenges with negative profit margins across the board. The gross profit margin is negative, indicating that the cost of goods sold exceeds revenue. Net profit margin is also deeply negative, reflecting substantial losses. Despite a high revenue growth rate, the company struggles with profitability, as evidenced by negative EBIT and EBITDA margins. These factors suggest a need for operational improvements to achieve profitability.

Balance Sheet

The balance sheet reveals a precarious financial position with a negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is extremely high, suggesting heavy reliance on debt financing, which poses a risk in terms of financial stability. Return on equity is positive due to negative equity, but this is misleading as it reflects financial distress rather than profitability. The equity ratio is negative, highlighting the company's insolvency risk.

Cash Flow

Cash flow analysis indicates negative operating and free cash flows, which are concerning for liquidity. However, the free cash flow to net income ratio is positive, suggesting some efficiency in converting earnings to cash flow. The operating cash flow to net income ratio is negative, indicating cash flow challenges. Overall, the cash flow situation reflects significant financial strain, necessitating improvements in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.42M	8.83M	8.22M	12.34M	18.10M	19.85M
Gross Profit	93.72K	-549.00K	-2.41M	-2.81M	4.54M	6.60M
EBITDA	-5.71M	-7.31M	-10.17M	-13.07M	-6.29M	3.00M
Net Income	-7.97M	-11.55M	-6.30M	-4.22M	-11.17M	-4.41M
Balance Sheet
Total Assets	124.01M	50.96M	49.57M	54.29M	57.74M	60.07M
Cash, Cash Equivalents and Short-Term Investments	21.35M	948.00K	185.00K	231.00K	291.00K	819.00K
Total Debt	70.61M	47.75M	37.01M	29.35M	22.98M	24.92M
Total Liabilities	80.53M	55.89M	42.31M	41.49M	40.04M	38.66M
Stockholders Equity	-9.01M	-2.96M	8.87M	14.30M	19.09M	22.70M
Cash Flow
Free Cash Flow	-33.82M	-8.26M	-6.19M	-5.64M	-4.82M	-2.45M
Operating Cash Flow	-7.19M	-5.15M	-5.74M	-5.33M	-591.00K	-535.00K
Investing Cash Flow	-26.53M	-3.07M	-294.00K	-286.00K	-3.89M	-1.50M
Financing Cash Flow	44.80M	8.20M	5.55M	5.58M	3.87M	509.00K

Patagonia Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PGDC, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.16, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.45 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PGDC.

Patagonia Gold 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%
PGDC	49 Neutral	C$93.01M	-8.44	―	―	14.89%	-24.08%
DEF	45 Neutral	C$83.72M	-30.99	-4.10%	―	―	43.20%
CUAU	45 Neutral	C$84.24M	-23.68	-44.59%	―	―	-56.33%
MMG	41 Neutral	C$77.61M	-17.80	-41.14%	―	―	42.42%
CTM	40 Underperform	C$65.31M	-12.95	-27.31%	―	―	-3.73%
TUO	33 Underperform	C$79.46M	-26.00	-22.72%	―	―	-5655.56%

Patagonia Gold Corporate Events

Patagonia Gold Reports Q3 2025 Financial Results and Advances Calcatreu Project

Patagonia Gold Corp. reported its Q3 2025 financial results, generating US$3 million in revenue. The company made significant progress on the Calcatreu heap leach facility, completing key infrastructure and advancing earthworks. The relocation and refurbishment of the CIC plant were completed, with installation expected in December 2025. Exploration activities included drilling, trenching, and ground magnetics surveying. These developments position Patagonia Gold to commence heap leaching at Calcatreu in early 2026, potentially enhancing its operational capabilities and market position.

Patagonia Gold Corp. Issues Incentive Stock Options to Management

Patagonia Gold Corp. has granted a total of 7.9 million incentive stock options to its directors, officers, and senior management as part of a long-term incentive plan. This option grant, representing approximately 1.7% of the company’s issued and outstanding shares, is aimed at aligning the interests of the management team with shareholders and enhancing the company’s operational focus and industry positioning.