Forty Pillars Mining Corp (TSE:PLLR)
:PLLR
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Forty Pillars Mining Corp
(PLLR)
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Rating:46Neutral
Price Target:
C$0.03
▼(-43.33% Downside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak fundamentals (no revenue, ongoing losses, and negative operating/free cash flow) and bearish technical momentum. Positive recent financings and project-related corporate updates provide some support, but they do not fully offset the current financial and price-trend weakness.
Positive Factors
Low leverage and growing asset base
A materially lower debt-to-equity profile and expanding assets reduce solvency risk and improve financial flexibility over months. This stronger capital structure increases runway for an explorer to fund programs or negotiate better financing terms without immediate liquidity stress.
Negative Factors
No revenue base
Zero revenue means the company lacks an operating income stream and has no proven commercial business model. Over the medium term this forces dependence on capital markets for funding and prevents margin development or operating leverage until projects are commercialized.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and growing asset base
A materially lower debt-to-equity profile and expanding assets reduce solvency risk and improve financial flexibility over months. This stronger capital structure increases runway for an explorer to fund programs or negotiate better financing terms without immediate liquidity stress.
Read all positive factors
Forty Pillars Mining Corp (PLLR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.14M
Dividend YieldN/A
Average Volume (3M)337.24K
Price to Earnings (P/E)―
Beta (1Y)2.33
Revenue GrowthN/A
EPS Growth77.67%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding53,600,710
10 Day Avg. Volume342,024
30 Day Avg. Volume337,236
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.41
Price to Sales (P/S)0.00
P/FCF Ratio-1.29
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
Forty Pillars Mining Corp Business Overview & Revenue Model
Company Description
Forty Pillars Mining Corp. engages in the exploration of mineral assets in Canada. The company explores for gold, silver, lead, and zinc deposits. It holds a 100% interest in the Silver Dollar property that consists 28 contiguous mineral claims co...
Forty Pillars Mining Corp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | May 2024 | May 2023 | May 2022 | Feb 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -327.38K | -753.81K | -276.76K | -609.19K | 0.00 |
| Net Income | -329.75K | -753.81K | -1.62M | -803.57K | -568.45K |
Balance Sheet | |||||
| Total Assets | 2.71M | 2.61M | 605.10K | 3.80M | 4.29M |
| Cash, Cash Equivalents and Short-Term Investments | 1.60K | 364.00 | 58.17K | 10.23K | 546.63K |
| Total Debt | 155.56K | 72.49K | 0.00 | 1.83M | 1.76M |
| Total Liabilities | 712.14K | 556.79K | 312.54K | 2.16M | 1.91M |
| Stockholders Equity | 2.00M | 2.06M | 292.55K | 1.64M | 2.38M |
Cash Flow | |||||
| Free Cash Flow | -265.66K | -648.54K | -64.61K | -147.92K | -1.81M |
| Operating Cash Flow | -269.10K | -637.38K | -64.56K | -97.87K | -590.79K |
| Investing Cash Flow | -17.57K | 10.83K | -53.00 | 24.43K | -1.36M |
| Financing Cash Flow | 283.43K | 568.74K | 121.80K | -70.00K | 2.09M |
Forty Pillars Mining Corp Technical Analysis
Negative
0.06
Price Trends
0.05
Negative
0.05
Negative
0.04
Negative
Market Momentum
>-0.01
Negative
25.67
Positive
61.11
Neutral
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 0.06 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 25.67 is Positive, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$5.75M | -2.79 | -521.38% | ― | ― | -24.58% | |
48 Neutral | C$4.68M | -1.83 | ― | ― | ― | -76.03% | |
46 Neutral | C$2.14M | -3.07 | -35.10% | ― | ― | 77.67% | |
43 Neutral | C$933.12K | -1.60 | -67.84% | ― | ― | 33.05% | |
42 Neutral | C$2.38M | 2.96 | -24.18% | ― | ― | -94.95% | |
40 Underperform | C$911.61K | -1.97 | 2460.62% | ― | ― | -70.47% |
* Basic Materials Sector Average
TSE:PLLR
Forty Pillars Mining Corp
0.04
0.00
0.00%
TSE:GOCO
Go Metals
0.07
>-0.01
-12.50%
TSE:WEST
West Mining Corp.
0.07
0.04
116.67%
TSE:WBGD
Waraba Gold Limited
0.50
0.32
177.78%
TSE:SCV
Scotch Creek Ventures
0.04
>-0.01
-22.22%
TSE:MEDA
Medaro Mining
0.50
0.05
11.11%
Forty Pillars Mining Corp Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Forty Pillars Raises $535,500 in Private Placement to Fund Exploration
Positive
Mar 3, 2026
Forty Pillars Mining Corp. has closed a non-brokered private placement, issuing 10,710,000 units at $0.05 each for gross proceeds of $535,500, with each unit consisting of one common share and one transferable warrant exercisable at $0.10 until Ma...
Business Operations and StrategyExecutive/Board Changes
Forty Pillars Mining Bolsters Advisory Board With Veteran Mining Executive
Positive
Feb 11, 2026
Forty Pillars Mining Corp. has strengthened its leadership structure with the appointment of Frank Lagiglia to its advisory board, where he will work closely with CEO Nader Vatanchi. Lagiglia brings over two decades of mining-sector experience, pa...
Business Operations and StrategyPrivate Placements and Financing
Forty Pillars Mining Launches $500,000 Private Placement to Fund Exploration
Positive
Feb 11, 2026
Forty Pillars Mining Corp. has launched a non-brokered private placement of up to 10,000,000 units at $0.05 per unit, aiming to raise up to $500,000. Each unit consists of one common share and one transferable warrant exercisable at $0.10 for five...
Business Operations and StrategyM&A Transactions
Forty Pillars Secures Drill-Ready Golden Link Gold Project in Newfoundland Belt
Positive
Jan 9, 2026
Forty Pillars Mining Corp. has secured the right to acquire 100% of the Golden Link Project in the Central Newfoundland Gold Belt, a road-accessible, 36.25 km² land package located north of Gander and traversed by key regional gold-bearing st...
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.