Pan American Energy (TSE:PNRG)
:PNRG
Top Page
Pan American Energy
(PNRG)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$0.57
▼(-28.50% Downside)
Action:ReiteratedDate:03/26/26
The score is primarily held down by weak financial performance (ongoing losses, no reported revenue in the provided data, and continued cash burn) and a soft technical backdrop (below key moving averages with negative MACD). Positive corporate progress on drilling/resource work provides some support, but it does not outweigh the current profitability and cash-flow risk.
Positive Factors
Low leverage
Near-zero debt materially reduces solvency and interest burden risk over the next several months, providing structural financial flexibility. This improves the company's ability to fund exploration or survive setbacks without immediate forced asset sales, supporting execution of its drilling/resource programs while limiting bankruptcy risk.
Negative Factors
No reported revenue
Absence of operating revenue and widening net losses are fundamental deficits: the business is not generating operating cash from sales, so losses must be financed externally. Persisting revenue void and growing losses erode equity, increase dilution/refinancing risk, and question viability absent successful resource conversion or sustained capital inflows.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Near-zero debt materially reduces solvency and interest burden risk over the next several months, providing structural financial flexibility. This improves the company's ability to fund exploration or survive setbacks without immediate forced asset sales, supporting execution of its drilling/resource programs while limiting bankruptcy risk.
Read all positive factors
Pan American Energy (PNRG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$14.03M
Dividend YieldN/A
Average Volume (3M)5.86K
Price to Earnings (P/E)―
Beta (1Y)1.38
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding28,627,932
10 Day Avg. Volume6,719
30 Day Avg. Volume5,863
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.60
Price to Sales (P/S)0.00
P/FCF Ratio-4.37
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
Pan American Energy Business Overview & Revenue Model
Company Description
Pan American Energy Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in the Green Energy lithium project located in the State of Utah, the United States; and Bi...
How the Company Makes Money
The company generates revenue through the sale of crude oil, natural gas, and other petroleum products. It primarily earns income by extracting and selling energy resources to refineries, industrial sectors, and energy distributors. Partnerships w...
Pan American Energy Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
42
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Mar 2023 | Apr 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -757.59K | -427.34K | 583.28K | -5.52M | -448.00K | -392.00K |
| Net Income | -588.49K | -16.06M | -5.52M | -7.25M | -457.00K | -394.00K |
Balance Sheet | ||||||
| Total Assets | 9.91M | 7.20M | 22.55M | 10.58M | 279.30K | 63.57K |
| Cash, Cash Equivalents and Short-Term Investments | 3.04M | 1.26M | 2.08M | 4.67M | 77.61K | 53.82K |
| Total Debt | 0.00 | 0.00 | 185.81K | 172.29K | 313.22K | 154.77K |
| Total Liabilities | 1.46M | 1.53M | 2.69M | 2.84M | 1.29M | 818.54K |
| Stockholders Equity | 8.45M | 5.67M | 19.86M | 7.75M | -1.01M | -754.97K |
Cash Flow | ||||||
| Free Cash Flow | 62.21K | -780.02K | -5.58M | -4.79M | -226.21K | -98.69K |
| Operating Cash Flow | 62.79K | -780.02K | -5.24M | -4.24M | -108.79K | -98.69K |
| Investing Cash Flow | -1.15M | -1.43M | -5.61M | -645.50K | -117.42K | 0.00 |
| Financing Cash Flow | 4.10M | 1.39M | 8.25M | 8.25M | 250.00K | 152.52K |
Pan American Energy 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% | |
50 Neutral | C$13.36M | -4.20 | -68.83% | ― | ― | 31.94% | |
49 Neutral | C$22.03M | -3.51 | -96.31% | ― | ― | 47.85% | |
45 Neutral | C$27.72M | -101.99 | -5.22% | ― | ― | -24.00% | |
44 Neutral | C$14.03M | -26.76 | -126.48% | ― | ― | ― | |
| ― | C$19.80M | -1.30 | -331.94% | ― | ― | 72.19% |
* Basic Materials Sector Average
TSE:PNRG
Pan American Energy
0.49
0.14
38.03%
TSE:FRI
Freeport Resources
0.06
0.03
93.33%
TSE:TWR
Tower Resources
0.16
0.04
35.59%
TSE:FLM
PetroCorp Group
0.14
0.08
133.33%
TSE:TEX
Targa Exploration Corp.
0.30
0.20
203.03%
Pan American Energy Corporate Events
Business Operations and Strategy
Pan American Energy Starts First Drill Program at Tharsis Critical Metals Project
Positive
Mar 16, 2026
Pan American Energy has begun its first diamond drilling program at the Tharsis Project in Canada’s Northwest Territories, marking a key shift from surface exploration to testing critical mineral potential at depth. The work targets the Squa...
Business Operations and Strategy
Pan American Energy Mobilizes Crews for Winter Drilling at Tharsis Project
Positive
Feb 27, 2026
Pan American Energy has begun mobilizing field crews, equipment, and logistics for its winter drilling program at the Tharsis Project in Canada’s Northwest Territories. The work includes setting up camp services and completing operational re...
Business Operations and Strategy
Pan American Energy Mobilizes for Winter Drilling at Tharsis Project
Positive
Feb 19, 2026
Pan American Energy has begun mobilizing field crews, equipment, and camp services to its Tharsis Project in Canada’s Northwest Territories as it prepares for a winter drilling program. Drilling is expected to start once site setup and opera...
Business Operations and Strategy
Pan American Energy Launches First Subsurface Drill Program at Critical Minerals Project in N.W.T.
Positive
Feb 10, 2026
Pan American Energy has outlined a winter 2026 diamond drilling campaign at its Tharsis Project in Canada’s Northwest Territories, marking its first effort to test subsurface rare earth, niobium, and yttrium targets. The program will probe a...
Business Operations and Strategy
Pan American Energy Extends Upswitch Marketing Mandate to Boost Market Visibility
Positive
Feb 7, 2026
Pan American Energy Corp. has extended its engagement of Upswitch Media Corp. for approximately 60 additional days to continue a marketing program aimed at raising the company’s profile across online and, where applicable, print channels. Up...
Business Operations and Strategy
Pan American Energy Secures Key Contractors for Winter Drilling at Tharsis REE Project
Positive
Feb 2, 2026
Pan American Energy has finalized key contractor agreements to support its upcoming winter drilling campaign at the Tharsis Project in Canada’s Northwest Territories, moving the rare earth-focused asset into its first phase of subsurface tes...
Business Operations and Strategy
Pan American Energy Starts NI 43-101 Resource Work at Big Mack Lithium Project
Positive
Jan 27, 2026
Pan American Energy has begun work on a mineral resource estimate for its Big Mack Project in Ontario, integrating historical and recent drilling data from its 2023–2024 programs into a modern 3D geological model and resource block estimate ...
Business Operations and Strategy
Pan American Energy to Launch Winter Drill Program at Tharsis REE–Niobium Project in NWT
Positive
Jan 26, 2026
Pan American Energy has announced plans for a winter diamond drilling program at its optioned Tharsis Project in Canada’s Northwest Territories, targeting rare earth element and niobium mineralization associated with the Squalus Lake Alkalin...
Business Operations and Strategy
Pan American Energy Extends Upswitch Marketing Mandate to Boost Investor Visibility
Positive
Jan 12, 2026
Pan American Energy has extended its engagement of Upswitch Media Corp. for an additional 60 days starting around January 12, 2026, to continue a marketing program aimed at raising the company’s profile among news and investment audiences. U...
Business Operations and Strategy
Pan American Energy Sets 2026 Exploration Priorities for Tharsis and Big Mack, Appoints Market Maker
Positive
Jan 8, 2026
Pan American Energy provided a review of its 2025 exploration work and outlined its 2026 technical and exploration priorities across its Tharsis and Big Mack projects in Canada. At Tharsis, a carbonatite alkaline complex in the Northwest Territori...
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.