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Forty Pillars Mining Corp (TSE:PLLR)
:PLLR
Canadian Market

Forty Pillars Mining Corp (PLLR) AI Stock Analysis

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Forty Pillars Mining Corp

(PLLR)

Rating:29Underperform
Price Target:
Forty Pillars Mining Corp faces significant financial challenges with zero revenue and negative cash flows. The technical indicators suggest the stock is in a downtrend, and the valuation metrics highlight ongoing losses. While the private placement may provide short-term financial relief, the long-term viability remains uncertain without a path to profitability.

Forty Pillars Mining Corp (PLLR) vs. iShares MSCI Canada ETF (EWC)

Forty Pillars Mining Corp Business Overview & Revenue Model

Company DescriptionForty Pillars Mining Corp (PLLR) is a resource exploration company focused on the acquisition, exploration, and development of mineral properties. The company primarily operates within the mining sector, with a key emphasis on discovering and developing precious and base metal deposits. It aims to enhance shareholder value through strategic exploration activities and partnerships.
How the Company Makes MoneyThe company makes money through the exploration and development of mineral properties, which involves identifying and assessing the potential of mineral-rich sites. Revenue is primarily generated by selling or leasing rights to these mining properties once they have been sufficiently developed or by extracting and selling the minerals themselves. Additionally, Forty Pillars Mining Corp may engage in joint ventures or partnerships with other mining companies to share the costs and rewards of exploration and development projects, thus diversifying its revenue streams.

Forty Pillars Mining Corp Financial Statement Overview

Summary
Forty Pillars Mining Corp is facing significant financial challenges, with zero revenue generation, persistent losses, and negative cash flows. While the debt levels have improved, the lack of revenue and cash generation from operations poses considerable risks. The company's reliance on external financing to maintain liquidity is concerning and may not be viable in the long term.
Income Statement
10
Very Negative
The company has consistently reported zero revenue over the periods analyzed, which is concerning for a sustainable business model. Net income has been negative, indicating ongoing losses. With EBIT and EBITDA also negative, the company is not demonstrating profitability or operational efficiency.
Balance Sheet
30
Negative
The balance sheet shows improving debt levels with a reduction in total liabilities, but the equity position has weakened over time. The debt-to-equity ratio suggests low leverage, which is positive, but the negative equity ratio indicates risk. The company maintains minimal cash reserves, which could limit financial flexibility.
Cash Flow
20
Very Negative
Operating cash flow has been consistently negative, indicating inadequate cash generation from core operations. Free cash flow is also negative, signifying cash consumption rather than cash generation. The company has relied heavily on financing activities, which may not be sustainable long-term.
BreakdownTTMMar 2024Mar 2023Mar 2022
Income Statement
Total Revenue0.000.000.000.00
Gross Profit0.000.000.000.00
EBITDA-535.55K-276.76K-609.19K0.00
Net Income-688.96K-1.62M-803.57K-568.45K
Balance Sheet
Total Assets2.43M605.10K3.80M4.29M
Cash, Cash Equivalents and Short-Term Investments4.84K58.17K10.23K546.63K
Total Debt22.49K0.001.83M1.76M
Total Liabilities406.61K312.54K2.16M1.91M
Stockholders Equity2.02M292.55K1.64M2.38M
Cash Flow
Free Cash Flow-486.69K-64.61K-147.92K-1.81M
Operating Cash Flow-482.09K-64.56K-97.87K-590.79K
Investing Cash Flow7.38K-53.0024.43K-1.36M
Financing Cash Flow477.81K121.80K-70.00K2.09M

Forty Pillars Mining Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.03
Negative
100DMA
0.04
Negative
200DMA
0.07
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
26.15
Positive
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLLR, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 26.15 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PLLR.

Forty Pillars Mining Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSNIM
51
Neutral
C$88.54M-122.83%-370.49%
TSNIM
51
Neutral
C$88.54M-122.83%-370.49%
44
Neutral
C$982.42M-6.71-13.24%2.54%17.20%-32.72%
TSVTT
39
Underperform
C$3.63M-11.52%40.00%
38
Underperform
C$2.70M-15.98%88.48%
TSSEI
36
Underperform
C$268.32M-46.55%-104.32%
29
Underperform
C$827.52K-64.20%84.90%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:PLLR
Forty Pillars Mining Corp
0.02
-0.08
-80.00%
TSE:SEI
Sintana Energy
0.66
-0.62
-48.44%
TSE:NIM
Nicola Mining
0.70
0.38
118.75%
TSE:NIM
Nicola Mining
0.70
0.38
118.75%
TSE:GEMC
Global Energy Metals Corporation
0.04
0.01
33.33%
TSE:VTT
Vendetta Mining
0.02
0.00
0.00%

Forty Pillars Mining Corp Corporate Events

Private Placements and Financing
Forty Pillars Mining Corp. Announces $350,000 Private Placement
Positive
Jan 30, 2025

Forty Pillars Mining Corp. has announced a non-brokered private placement offering, aiming to raise up to $350,000 through the sale of units consisting of one common share and one purchase warrant. The funds are intended for working capital and corporate purposes, potentially strengthening the company’s financial position and aiding its ongoing exploration efforts.

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: Mar 11, 2025