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Pan American Energy
(PNRG)
Pan American Energy (PNRG) vs. iShares MSCI Canada ETF (EWC)
Pan American Energy Business Overview & Revenue Model
Pan American Energy Financial Statement Overview
| 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
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$26.58M | -3.51 | -96.31% | ― | ― | 47.85% | |
43 Neutral | C$16.32M | -26.76 | -126.48% | ― | ― | ― | |
43 Neutral | C$29.46M | -11.10 | -5.22% | ― | ― | -24.00% | |
29 Underperform | C$23.76M | -1.30 | -331.94% | ― | ― | 72.19% |
Pan American Energy Corporate Events
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 readiness before drilling begins, marking a key operational milestone that advances the company’s rare earth exploration strategy at Tharsis.
Management says the mobilization positions the company to execute the program efficiently and further assess the geological potential of the Squalus Lake Alkaline Complex. The move underscores Pan American’s broader push to build a portfolio of battery and critical metal assets in Canada, potentially strengthening its position in the emerging rare earths and lithium supply chain.
The most recent analyst rating on (TSE:PNRG) stock is a Sell with a C$0.51 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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 operational readiness are complete, marking a key step in advancing the project’s potential rare earth and high field strength element resources.
The company says logistics and access are coming together to allow efficient execution of the program, underscoring its strategic push into rare earth elements alongside lithium in its portfolio. Technical aspects of the project are overseen by a qualified person under Canadian securities standards, aiming to reinforce data quality and regulatory compliance for investors and other stakeholders.
The most recent analyst rating on (TSE:PNRG) stock is a Sell with a C$0.87 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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 priority zone beneath Squalus Lake interpreted as part of a large alkaline intrusive complex with potential carbonatite bodies.
The company plans about 1,500 metres of drilling from ice-based pads to confirm the geometry, continuity, and scale of the intrusive system while generating core for detailed analytical work. Success could materially advance its district-scale exploration model and position Tharsis as a prospective North American source of strategic critical minerals amid heightened efforts in the U.S. and allied nations to diversify supply chains away from concentrated overseas producers.
The most recent analyst rating on (TSE:PNRG) stock is a Sell with a C$0.87 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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. Upswitch will develop advertising content, manage and analyze campaigns, and provide translation services under a CAD$300,000 cash-only arrangement, with no equity compensation and no existing ownership ties to Pan American, underscoring the arm’s-length nature of the mandate and the company’s ongoing effort to increase visibility among news and investment audiences as it advances its battery metals and rare earth exploration portfolio in Canada.
The most recent analyst rating on (TSE:PNRG) stock is a Sell with a C$0.65 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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 testing. Critical Discoveries will supply diamond drill equipment and crews, Heli-Fix will provide fixed-wing and helicopter logistics, and Discovery Mining Services will deliver camp and expediting support as the company transitions from surface exploration to drilling the principal intrusive center interpreted from geophysical data at the Squalus Lake Alkaline Complex, a step that could clarify the project’s rare earth and niobium potential and advance Pan American’s positioning in the critical metals space.
The most recent analyst rating on (TSE:PNRG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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 compliant with NI 43-101 standards. The initiative is intended to strengthen the technical foundation of the lithium project and support updated technical disclosure, signaling a key de-risking step for the asset and potentially enhancing the company’s positioning in the battery metals space as it advances its Canadian lithium and rare earth portfolios.
The most recent analyst rating on (TSE:PNRG) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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 Alkaline Complex. The program will provide the first core-based subsurface test of geophysically defined intrusive centers and aims to validate whether magnetic anomalies correspond to carbonatite bodies and associated REE–Nb mineralization, a key step toward refining the geological model and advancing follow-up exploration at a strategically important critical-minerals asset.
The most recent analyst rating on (TSE:PNRG) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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. Upswitch will develop advertising content, manage and analyze campaigns across online and select print channels, and provide translation services, for a cash fee of CAD$300,000, with no equity compensation and no existing equity ownership in the company, underscoring a purely arm’s-length commercial relationship intended to broaden investor awareness of Pan American’s battery and critical metals projects.
The most recent analyst rating on (TSE:PNRG) stock is a Hold with a C$0.80 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
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 Territories prospective for rare earths and niobium, the company focused in 2025 on topographical, geophysical and bathymetric data collection to refine its geological understanding and guide target generation, and plans in 2026 to integrate these datasets into a consolidated model, with a potential winter drill program and follow-up mapping, sampling and geophysics to advance drill readiness. At the Big Mack Lithium Project in Ontario, prospective for LCT pegmatite mineralization, Pan American concentrated on interpreting recent drilling alongside prior data to refine geological controls and prioritize drill targets, and aims this year to update the geological model and further integrate datasets to support follow-up exploration planning. The company also appointed Independent Trading Group Inc. as a market maker for its shares on the Canadian Securities Exchange, a move intended to support liquidity and contribute to a fair and orderly market for its common stock, reinforcing its capital markets presence as it advances its exploration pipeline.
The most recent analyst rating on (TSE:PNRG) stock is a Hold with a C$0.78 price target. To see the full list of analyst forecasts on Pan American Energy stock, see the TSE:PNRG Stock Forecast page.
Pan American Energy has completed final bathymetric processing from its 2025 field program at the Tharsis Project’s Squalus Lake in Canada’s Northwest Territories, generating a detailed digital elevation model of the lake floor from roughly 17,500 depth measurements. By integrating this model with existing airborne magnetic data, the company has refined its understanding of basin geometry, including shallow shoals and deeper troughs, improving depth constraints for safe winter operations and enhancing drill targeting and near-term exploration planning at Tharsis.