P2 Gold (PGLD) AI Stock Analysis

• Market Cap: C$22.06M
• Dividend Yield: N/A
• Average Volume (3M): 114.12K
• Price to Earnings (P/E): 43.9
• Beta (1Y): 2.01
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Other Precious Metals
• EPS (TTM): <0.01
• Shares Outstanding: 152,161,710
• 10 Day Avg. Volume: 222,755
• 30 Day Avg. Volume: 114,116
• PEG Ratio: 0.01
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.89
• 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: 43 Neutral
• Price Target: ―

P2 Gold faces substantial financial and operational challenges, reflected in its low financial performance score. However, recent corporate developments offer a glimmer of potential, mitigating some concerns. The stock's technical position indicates caution, given its negative trend and high volatility. While valuation appears attractive due to a low P/E ratio, the absence of dividends and reliance on future growth opportunities introduce uncertainty. These combined factors result in an overall score that reflects both current challenges and potential future improvements.

P2 Gold Business Overview & Revenue Model

Company Description

P2 Gold Inc. is a Canadian mineral exploration company focused on discovering and developing precious metal resources. Operating primarily in North America, the company engages in the exploration and development of gold and silver projects. P2 Gold's core activities include the identification, acquisition, evaluation, and development of mineral properties with the potential for significant economic deposits of gold and other precious metals.

How the Company Makes Money

P2 Gold Inc. generates revenue primarily through the exploration and development of mineral resources with the aim of future extraction and sale. The company invests in identifying and developing mineral-rich properties, which, once proven economically viable, can be sold or partnered with larger mining companies for further development. Revenue streams may include proceeds from the sale of mineral properties, joint venture agreements, and potential future production royalties. P2 Gold relies on strategic partnerships and investments to fund its exploration activities and create shareholder value through the appreciation of its project portfolio.

P2 Gold Financial Statement Overview

Summary

P2 Gold's financial statements reveal severe financial challenges, with no revenue and sustained losses. The company exhibits high leverage with negative equity and relies heavily on external financing, signaling financial instability and operational inefficiency.

Income Statement

P2 Gold has consistently reported zero revenue over the years, with significant negative figures in net income, EBIT, and EBITDA indicating substantial operating losses. The lack of revenue growth and persistent negative profit margins reflect weak profitability and operational challenges.

Balance Sheet

The company's balance sheet reveals negative stockholders' equity, indicating more liabilities than assets, which is a red flag for financial health. The debt-to-equity ratio cannot be calculated due to negative equity, but high total debt compared to assets suggests leverage risk. A low equity ratio further reflects financial instability.

Cash Flow

P2 Gold's cash flow statement shows negative operating cash flow and free cash flow, pointing to cash burn and insufficient cash generation to cover expenses. While there is a positive financing cash flow, it primarily indicates reliance on external funding, which may not be sustainable long-term.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-36.25K	-164.00K	-151.00K	-129.00K	-27.86K
EBITDA	4.29M	-6.09M	-14.70M	-27.58M	-4.98M
Net Income	4.15M	-4.46M	-12.94M	-27.39M	-5.01M
Balance Sheet
Total Assets	685.10K	310.64K	2.41M	8.45M	1.86M
Cash, Cash Equivalents and Short-Term Investments	539.95K	46.61K	1.47M	7.80M	1.63M
Total Debt	2.36M	545.00K	133.45K	251.07K	0.00
Total Liabilities	2.89M	9.67M	12.25M	12.90M	118.01K
Stockholders Equity	-2.21M	-9.36M	-9.83M	-4.45M	1.74M
Cash Flow
Free Cash Flow	-1.64M	-4.70M	-13.39M	-7.69M	-4.22M
Operating Cash Flow	-1.64M	-4.70M	-13.30M	-7.61M	-4.19M
Investing Cash Flow	1.83K	-98.00	70.98K	-223.04K	-5.38K
Financing Cash Flow	2.13M	3.27M	6.90M	14.00M	5.26M

P2 Gold 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:PGLD, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 65.16 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PGLD.

P2 Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VGZ	61 Neutral	$169.77M	13.33	97.51%	―	―	―
PRB	47 Neutral	C$438.60M	―	-177.01%	―	―	10.27%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.79%	17.55%	-32.28%
PGLD	43 Neutral	C$22.06M	43.94	-65.05%	―	―	―

P2 Gold Corporate Events

P2 Gold Reports Positive Assay Results and Advances Gabbs Project

P2 Gold Inc. has announced positive assay results from the Sullivan Zone at its Gabbs Project, indicating promising gold and copper grades. The company has initiated a Phase Three Metallurgical Program aimed at improving metal recoveries, which could enhance the project’s economic outcomes. With an internal rate of return of 50.1% and a net present value of over US$1.4 billion, the project holds significant potential for stakeholders.

P2 Gold Finalizes Gabbs Project Acquisition with Promising Economic Outlook

P2 Gold Inc. has completed its final payment for acquiring the Gabbs Project, a gold-copper mining venture, from Waterton Nevada Splitter. The company is now financially secure for the upcoming year, bolstered by rising metal prices which have significantly increased the project’s internal rate of return and net present value. This development positions P2 Gold favorably within the industry, with promising economic projections for the Gabbs Project and future exploration opportunities.