Playfair Mining Ltd (TSE:PLY)
:PLY
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Playfair Mining
(PLY)
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Select Model
Rating:42Neutral
Price Target:
C$0.07
▲(235.00% Upside)
Action:UpgradedDate:04/03/26
The score is primarily constrained by weak financial performance (pre-revenue operations, ongoing losses, and sustained cash burn despite improvement vs 2024) and a valuation profile that offers limited support (negative P/E, no dividend yield). Technicals are mixed, with neutral momentum but a weaker longer-term trend, providing only modest offset.
Positive Factors
Low Leverage (Zero Debt)
Zero reported debt is a durable balance-sheet advantage: it reduces interest expense risk and bankruptcy likelihood and gives management optionality to fund exploration or development via equity, partnerships, or cash. Over a 2–6 month horizon low leverage preserves strategic flexibility and reduces refinancing pressure.
Negative Factors
Pre-Revenue Operations
Zero revenue is a structural constraint: the company lacks an operating revenue engine and therefore cannot self-fund growth or prove commercial demand. Over several months this elevates execution risk because progress depends on financing or successful development milestones rather than organic cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage (Zero Debt)
Zero reported debt is a durable balance-sheet advantage: it reduces interest expense risk and bankruptcy likelihood and gives management optionality to fund exploration or development via equity, partnerships, or cash. Over a 2–6 month horizon low leverage preserves strategic flexibility and reduces refinancing pressure.
Read all positive factors
Playfair Mining (PLY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.43M
Dividend YieldN/A
Average Volume (3M)147.78K
Price to Earnings (P/E)―
Beta (1Y)0.15
Revenue GrowthN/A
EPS Growth94.03%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding88,503,395
10 Day Avg. Volume443,347
30 Day Avg. Volume147,782
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)-14.68
Price to Sales (P/S)0.00
P/FCF Ratio-60.58
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
Playfair Mining Business Overview & Revenue Model
Company Description
Playfair Mining Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It explores for gold, copper, cobalt, molybdenum, and nickel. The company holds a 100% interest in the Grey River T...
How the Company Makes Money
null...
Playfair Mining Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
34
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -9.20K | 0.00 | 0.00 | 0.00 | -167.00 | -43.00 |
| EBITDA | 638.90K | -41.90K | 2.98M | -361.00K | -1.65M | -560.00K |
| Net Income | -215.51K | -203.93K | -3.49M | -361.00K | -1.65M | -561.00K |
Balance Sheet | ||||||
| Total Assets | 387.10K | 93.01K | 164.95K | 3.20M | 2.68M | 1.28M |
| Cash, Cash Equivalents and Short-Term Investments | 50.01K | 12.88K | 3.82K | 19.39K | 122.34K | 32.33K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 77.45K | 313.01K | 301.02K | 249.99K | 181.69K | 348.99K |
| Stockholders Equity | 309.65K | -220.00K | 6.43K | 2.95M | 2.50M | 929.84K |
Cash Flow | ||||||
| Free Cash Flow | -183.88K | -53.30K | -55.51K | -813.11K | -1.32M | -320.94K |
| Operating Cash Flow | -183.88K | -2.41K | -55.51K | -113.91K | -126.59K | -264.86K |
| Investing Cash Flow | -271.57K | -93.52K | -358.57K | -764.58K | -1.72M | -322.08K |
| Financing Cash Flow | 461.25K | 105.00K | 398.50K | 775.54K | 1.93M | 609.15K |
Playfair Mining Technical Analysis
Negative
0.02
Price Trends
0.08
Negative
0.07
Negative
0.08
Negative
Market Momentum
>-0.01
Negative
46.49
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLY, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PLY.
Playfair Mining 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% | |
54 Neutral | C$3.10M | -25.13 | -15.28% | ― | ― | -36.33% | |
50 Neutral | C$3.80M | -3.30 | -52.50% | ― | ― | 10.85% | |
48 Neutral | C$14.32M | -2.49 | ― | ― | ― | 18.74% | |
42 Neutral | C$4.43M | -131.58 | -92.46% | ― | ― | 94.03% | |
42 Neutral | C$2.05M | -2.80 | -73.73% | ― | ― | 39.34% | |
41 Neutral | C$6.74M | -2.02 | ― | ― | ― | 65.45% |
* Basic Materials Sector Average
TSE:PLY
Playfair Mining
0.05
>-0.01
-16.67%
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Playfair Mining Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Playfair Mining Raises $2.48 Million to Advance Nova Scotia Gold Drilling
Positive
Mar 23, 2026
Playfair Mining has closed the final tranche of an upsized private placement under the Listed Issuer Financing Exemption, issuing a total of 41,387,667 units at $0.06 each for gross proceeds of about $2.48 million. Each unit comprises one common s...
Business Operations and StrategyPrivate Placements and Financing
Playfair Mining Raises $2.16 Million in First Tranche to Fund Nova Scotia Drilling
Positive
Mar 9, 2026
Playfair Mining has closed the first tranche of a private placement under the Listed Issuer Financing Exemption, issuing 35,917,667 units at $0.06 for gross proceeds of about $2.16 million. Each unit includes one common share and a two-year warran...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Playfair Mining Consolidates Shares Ahead of $2.4 Million Financing
Positive
Feb 25, 2026
Playfair Mining Ltd. will consolidate its common shares on a one-for-three basis, effective February 27, 2026, reducing the number of issued and outstanding shares from 141,347,160 to 47,115,720 while keeping its name and trading symbol unchanged....
Business Operations and StrategyPrivate Placements and Financing
Playfair Mining Upsizes Private Placement to C$2.4 Million on Strong Demand
Positive
Feb 5, 2026
Playfair Mining Ltd. has increased its previously announced post-consolidation private placement to 40 million units, raising total anticipated proceeds to C$2.4 million under the Listed Issuer Financing Exemption, citing strong investor demand. T...
Business Operations and StrategyPrivate Placements and Financing
Playfair Mining Upsizes LIFE Private Placement to C$2.1 Million on Strong Demand
Positive
Jan 31, 2026
Playfair Mining has increased the size of its previously announced post-consolidation private placement under the Listed Issuer Financing Exemption to 35 million units, for total expected proceeds of C$2.1 million, citing strong investor demand. T...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Playfair Mining to Raise $1.8 Million and Consolidate Shares to Advance Nova Scotia Gold Project
Positive
Jan 29, 2026
Playfair Mining Ltd. plans to raise up to $1.8 million through a non-brokered private placement of up to 30 million units at $0.06 each under the Listed Issuer Financing Exemption, with each unit comprising one post-consolidation common share and ...
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.