Phenom Resources Corp (TSE:PHNM)
:PHNM
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Phenom Resources Corp
(PHNM)
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Rating:52Neutral
Price Target:
C$0.40
▲(59.60% Upside)
Action:ReiteratedDate:04/04/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow), partially offset by a very low-debt balance sheet. Technicals are moderately supportive with price above key moving averages and positive momentum, while valuation remains constrained due to losses and no dividend data.
Positive Factors
Very low leverage / stronger equity base
An effectively zero-debt balance sheet and rising equity/asset base give the company durable financial flexibility to fund exploration cycles, absorb setbacks, and avoid near-term refinancing risk. This supports multi-month project funding and strategic optionality without leverage strain.
Negative Factors
No revenue across reporting period
An absence of operating revenue means intrinsic value is tied entirely to exploration outcomes and asset revaluation, not recurring cash flows. Over 2–6 months this sustains high execution risk: continuing expenditures may not convert to commercial assets or near-term cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / stronger equity base
An effectively zero-debt balance sheet and rising equity/asset base give the company durable financial flexibility to fund exploration cycles, absorb setbacks, and avoid near-term refinancing risk. This supports multi-month project funding and strategic optionality without leverage strain.
Read all positive factors
Phenom Resources Corp (PHNM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$44.10M
Dividend YieldN/A
Average Volume (3M)72.41K
Price to Earnings (P/E)―
Beta (1Y)0.67
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)N/A
Shares Outstanding117,605,670
10 Day Avg. Volume85,560
30 Day Avg. Volume72,408
Financial Highlights & Ratios
PEG Ratio1.52
Price to Book (P/B)1.03
Price to Sales (P/S)0.00
P/FCF Ratio-20.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Phenom Resources Corp Business Overview & Revenue Model
Company Description
Phenom Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. It holds an option to earn a 100% interest in the Carlin gold-vanadium project and Section 22 proper...
How the Company Makes Money
null...
Phenom Resources Corp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
66
Positive
Cash Flow
28
Negative
| Breakdown | Nov 2025 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -159.29K | 0.00 | 0.00 | -19.63K |
| EBITDA | -1.02M | -1.19M | -948.00K | -326.00K | -2.17M |
| Net Income | -1.01M | -1.19M | -1.87M | -2.03M | -2.77M |
Balance Sheet | |||||
| Total Assets | 22.07M | 20.19M | 19.15M | 18.72M | 16.52M |
| Cash, Cash Equivalents and Short-Term Investments | 583.40K | 385.09K | 403.68K | 573.65K | 1.44M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 420.48K | 265.35K | 836.94K | 520.18K | 1.27M |
| Stockholders Equity | 21.64M | 19.93M | 18.31M | 18.20M | 15.24M |
Cash Flow | |||||
| Free Cash Flow | -1.11M | -915.46K | -914.01K | -5.85M | -6.85M |
| Operating Cash Flow | -1.11M | -915.46K | -914.01K | -1.08M | -1.45M |
| Investing Cash Flow | -1.31M | -1.53M | -783.95K | -4.78M | -5.56M |
| Financing Cash Flow | 2.62M | 2.43M | 1.53M | 4.99M | 6.76M |
Phenom Resources Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$44.10M | -33.06 | -5.33% | ― | ― | ― | |
51 Neutral | C$26.31M | -15.87 | -15.89% | ― | ― | 47.41% | |
47 Neutral | C$24.14M | -3.15 | -446.15% | ― | ― | -58.16% | |
46 Neutral | C$31.39M | -5.21 | -317.29% | ― | ― | 44.39% | |
43 Neutral | C$17.17M | -5.87 | -206.46% | ― | ― | 5.41% | |
41 Neutral | C$23.22M | -5.01 | -59.85% | ― | ― | 87.74% |
* General Sector Average
TSE:PHNM
Phenom Resources Corp
0.40
0.05
16.18%
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0.04
0.00
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Phenom Resources Corp Corporate Events
Business Operations and Strategy
Phenom Resumes Dual-Target Drilling at Crescent Valley Gold and Critical Metals Project in Nevada
Positive
Mar 4, 2026
Phenom Resources has resumed drilling at its Crescent Valley Gold Project in Nevada, leveraging favorable winter weather to follow up on encouraging results from its 2025 program and a recently identified rare earth and critical metals deposit. Th...
Business Operations and StrategyPrivate Placements and Financing
Phenom Resources Raises $1.25 Million and Issues New Stock Options to Advance Nevada Projects
Positive
Feb 26, 2026
Phenom Resources Corp. has closed a non-brokered private placement, raising $1.25 million through the issuance of 5,000,000 units priced at $0.25, each consisting of one share and a four-year warrant exercisable at $0.35. The funds are earmarked f...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Phenom Resources Launches $1.28 Million Private Placement to Advance Nevada Projects
Positive
Feb 17, 2026
Phenom Resources Corp. plans to raise up to $1.275 million through a non-brokered private placement of as many as 5.1 million units priced at $0.25, with each unit consisting of one common share and a four-year warrant exercisable at $0.35. Procee...
Business Operations and Strategy
Phenom’s Crescent Valley Drilling Strengthens Epithermal Gold Target in Nevada
Positive
Jan 22, 2026
Phenom Resources reported that new drilling at its Crescent Valley Gold Project in Nevada has further validated its bonanza-style low sulphidation epithermal gold target, with hole CVN25-03 showing a marked increase in gold presence, extensive qua...
Business Operations and StrategyPrivate Placements and Financing
Phenom Resources Seeks US$19.8 Million U.S. DOE Grant for Vanadium-Nickel Pilot Project
Positive
Jan 20, 2026
Phenom Resources Corp. has submitted a grant application to the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management seeking US$19.8 million in funding for an integrated pilot-scale validation project focused on high-gra...
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.