Panoro Minerals Ltd (TSE:PML)
:PML
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Panoro Minerals
(PML)
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Rating:50Neutral
Price Target:
C$0.42
▲(10.53% Upside)
Action:ReiteratedDate:01/24/26
The score is held down primarily by weak financial performance (pre-revenue losses and ongoing cash burn), partially offset by a low-leverage balance sheet. Technicals are supportive with a strong uptrend, but overbought signals raise near-term pullback risk. Valuation provides limited support due to negative earnings and no dividend.
Positive Factors
Low leverage balance sheet
Sustained low financial leverage provides durable flexibility for an exploration company: it reduces near-term refinancing risk and preserves borrowing capacity to fund drilling or permit work. This enhances optionality to pursue farm-outs or joint ventures without heavy interest burdens.
Negative Factors
Pre-revenue, recurring operating losses
Being pre-revenue with recurring operating losses is a durable constraint: without producing assets there is no margin base to absorb costs. Continued losses erode equity and make the company dependent on successful exploration outcomes to justify further investment or partner interest.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage balance sheet
Sustained low financial leverage provides durable flexibility for an exploration company: it reduces near-term refinancing risk and preserves borrowing capacity to fund drilling or permit work. This enhances optionality to pursue farm-outs or joint ventures without heavy interest burdens.
Read all positive factors
Panoro Minerals (PML) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$190.51M
Dividend YieldN/A
Average Volume (3M)58.85K
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue GrowthN/A
EPS Growth-45.61%
CountryCA
Employees27
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding284,340,550
10 Day Avg. Volume33,515
30 Day Avg. Volume58,846
Financial Highlights & Ratios
PEG Ratio1.26
Price to Book (P/B)1.58
Price to Sales (P/S)0.00
P/FCF Ratio-16.89K
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
Panoro Minerals Business Overview & Revenue Model
Company Description
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for copper, molybdenum, lead, gold, silver, and zinc deposits. Its flagship project is...
How the Company Makes Money
Panoro Minerals generates revenue through the development and potential sale or joint venture of its mineral properties. The company engages in extensive exploration activities to enhance the value of its projects, aiming to attract larger mining ...
Panoro Minerals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -76.99K | -130.87K | -357.00K | -42.36K | -31.22K | -51.75K |
| EBITDA | -1.37M | -2.31M | -2.67M | -417.62K | -8.61M | -161.00K |
| Net Income | -1.55M | -1.65M | -2.77M | -610.00K | -8.23M | -1.08M |
Balance Sheet | ||||||
| Total Assets | 53.54M | 75.80M | 70.84M | 74.07M | 71.15M | 77.89M |
| Cash, Cash Equivalents and Short-Term Investments | 101.53K | 997.63K | 256.64K | 7.52M | 10.50M | 753.39K |
| Total Debt | 1.50M | 163.43K | 153.00K | 279.68K | 278.69K | 17.95K |
| Total Liabilities | 17.28M | 22.26M | 15.31M | 20.01M | 16.51M | 15.04M |
| Stockholders Equity | 36.26M | 53.54M | 50.89M | 54.07M | 54.64M | 62.85M |
Cash Flow | ||||||
| Free Cash Flow | -3.11M | -5.01K | -2.24M | -1.91M | -1.30M | -1.12M |
| Operating Cash Flow | -3.11M | -2.00M | -2.22M | -1.85M | -1.28M | -1.11M |
| Investing Cash Flow | 1.74M | 2.68M | -4.00M | -2.84M | 9.39M | -506.73K |
| Financing Cash Flow | 1.47M | -71.39K | 928.94K | 1.88M | 1.85M | 1.98M |
Panoro Minerals Technical Analysis
Positive
0.38
Price Trends
0.62
Positive
0.49
Positive
0.49
Positive
Market Momentum
<0.01
Positive
53.18
Neutral
70.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PML, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.73, below the 50-day MA of 0.62, and below the 200-day MA of 0.49, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.18 is Neutral, neither overbought nor oversold. The STOCH value of 70.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PML.
Panoro Minerals 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% | |
61 Neutral | C$128.63M | 4.70 | 15.34% | ― | -73.34% | 16.21% | |
50 Neutral | C$190.51M | -221.79 | -4.22% | ― | ― | -45.61% | |
49 Neutral | C$84.45M | -12.86 | -10.54% | ― | ― | -42.86% | |
44 Neutral | C$70.51M | 30.99 | -3.24% | ― | ― | -5360.00% | |
44 Neutral | C$130.38M | -28.84 | -3.65% | ― | ― | 29.51% |
* Basic Materials Sector Average
TSE:PML
Panoro Minerals
0.70
0.30
75.00%
TSE:LEO
Lion Copper and Gold
0.39
0.27
212.00%
TSE:AZM
Azimut Exploration
0.69
0.15
27.78%
TSE:GMX
Globex Mining Ent
2.31
0.85
58.22%
TSE:OCO
Oroco Resource
0.40
-0.05
-12.22%
TSE:DEFN
Defense Metals
0.22
0.07
43.33%
Panoro Minerals Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Panoro Minerals Secures Fully Subscribed C$4 Million Financing
Positive
Jan 28, 2026
Panoro Minerals plans to raise C$4 million through a fully subscribed non-brokered private placement of 10 million units priced at C$0.40, with warrants exercisable at C$0.60 for three years and subject to customary hold periods and approvals. Pro...
Business Operations and StrategyPrivate Placements and Financing
Panoro Minerals Amends Antilla Royalty and Payment Terms as It Refocuses on Cotabambas
Positive
Jan 20, 2026
Panoro Minerals has amended its agreements relating to the Antilla copper project in Peru, granting TABB Partners LLC an exclusive option to acquire up to 100% of a 2% net smelter returns royalty on the project, provided the first 50% option is ex...
Business Operations and StrategyPrivate Placements and Financing
Panoro Minerals Raises C$3.44 Million to Advance Cotabambas Project
Positive
Dec 23, 2025
Panoro Minerals has closed the second and final tranche of its brokered private placement under the listed issuer financing exemption, raising C$520,000 from the sale of 1.3 million units at C$0.40 each, bringing total gross proceeds from the offe...
Business Operations and StrategyPrivate Placements and Financing
Panoro Minerals Updates Brokered Financing to Advance Cotabambas Project
Positive
Dec 23, 2025
Panoro Minerals Ltd. has updated the terms of its previously announced brokered private placement, filing a new offering document for the sale of up to 1.3 million units at C$0.40 per unit, for additional gross proceeds of up to C$520,000, with Re...
Business Operations and StrategyPrivate Placements and Financing
Panoro Minerals Updates Brokered Financing to Advance Cotabambas Project
Positive
Dec 23, 2025
Panoro Minerals has updated its previously announced brokered private placement under the listed issuer financing exemption, filing a new December offering document to sell up to 1.3 million units at C$0.40 per unit for gross proceeds of up to C$5...
Business Operations and StrategyPrivate Placements and Financing
Panoro Minerals Closes First Tranche of Private Placement for C$2.9 Million
Positive
Nov 21, 2025
Panoro Minerals Ltd. has successfully closed the first tranche of its private placement, raising C$2.9 million. The proceeds will be used for infill drilling, metallurgical testing, and pre-feasibility engineering at the Cotabambas Project, enhanc...
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.