Pantera Silver (PNTR) AI Stock Analysis

• Market Cap: C$43.34M
• Dividend Yield: N/A
• Average Volume (3M): 325.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.87
• Revenue Growth: N/A
• EPS Growth: -14.77%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 66,676,560
• 10 Day Avg. Volume: 416,762
• 30 Day Avg. Volume: 325,308
• PEG Ratio: -0.19
• Price to Book (P/B): 5.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: C$0.62 ▼(-17.89% Downside)

The score is primarily weighed down by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow) and bearish technical conditions (below key moving averages with weak momentum). The debt-free balance sheet provides some support, but valuation signals are limited due to negative earnings and no dividend data.

Positive Factors

Debt-free balance sheet

Having no recorded debt materially reduces financial risk for an exploration-stage miner. It preserves flexibility to pursue exploration and JV opportunities without debt servicing pressure, extending runway for value-creating drilling programs before production.

Improving equity and asset base

A stronger equity and asset position provides a larger capital buffer against exploration write-offs and short-term volatility. This improved capitalization enhances the company's ability to fund projects, attract partners, and survive prolonged exploration cycles without immediate insolvency risk.

Focused silver exploration strategy

A clear, commodity-focused strategy gives investors and partners defined exposure to silver upside. For an explorer, concentration enables technical specialization, targeted exploration budgets and clearer project valuation drivers if deposits are delineated and advanced toward development over the medium term.

Negative Factors

No operating revenue

Zero operating revenue means value is contingent on successful resource discovery and eventual development, which is lengthy and uncertain. The lack of an earnings base forces reliance on capital markets or partners, increasing execution and financing risk over the coming months to years.

Negative operating and free cash flow

Consistent cash burn requires recurring external financing or asset sales to sustain exploration. Repeated raises dilute shareholders and can constrain the scale and timing of drill programs, undermining the firm's ability to progress projects toward value-inflection milestones sustainably.

Persistent losses and negative ROE

Ongoing net losses and negative returns on equity signal the company has not yet created shareholder value from operations. Without a clear path to profitability or near-term resource monetization, the firm faces structural profitability risk and limited internal funding capacity.

Pantera Silver Business Overview & Revenue Model

Company Description

Pantera Silver Corp. operates as a mineral exploration company. It holds interest in the Nuevo Taxco Silver-Gold project that covers an area of approximately 1,100 hectares located in the Pregones Mining District, Mexico. The company was formerly known as Red Oak Mining Corp. and changed its name to Pantera Silver Corp. in March 2021. Pantera Silver Corp. is based in Vancouver, Canada.

How the Company Makes Money

Pantera Silver makes money through the exploration and development of mineral properties, primarily targeting silver. The company's revenue model is based on discovering and proving the viability of mineral deposits, which can then be developed into producing mines. Once a deposit is proven and developed, Pantera Silver can generate revenue through the sale of extracted minerals or by entering into partnerships or joint ventures with other mining companies to share in the profits. Significant factors contributing to its earnings include successful exploration results, favorable commodity prices, and strategic partnerships that may provide additional capital or access to advanced mining technologies.

Pantera Silver Financial Statement Overview

Summary

Exploration-stage profile with $0 revenue and persistent losses across periods, plus consistently negative operating and free cash flow. The main positive is a conservative balance sheet with $0 debt and improving equity/asset base, which reduces near-term financial risk but does not offset weak profitability and cash burn.

Income Statement

Results reflect an early-stage/mining exploration profile: revenue is $0 across the annual periods provided and in TTM (Trailing-Twelve-Months). Losses are persistent and sizeable, with EBIT and net income negative in every period shown, and TTM net income at roughly -$1.0M. While the TTM net loss is slightly better than the latest annual loss, the company still lacks an operating earnings base and profitability remains the key weakness.

Balance Sheet

Balance sheet leverage is conservative with total debt at $0 and a 0.0 debt-to-equity ratio, which meaningfully reduces financial risk. Equity has improved materially from negative levels in earlier years to positive equity in the most recent annual period (~$3.3M) and TTM (~$7.4M), alongside higher total assets (TTM ~$7.5M). The main drawback is that returns on equity are negative in the latest annual period and TTM, consistent with ongoing losses.

Cash Flow

Cash generation is weak: operating cash flow is negative in every period shown, and both the latest annual and TTM free cash flow are also negative (TTM about -$0.49M). Free cash flow growth is sharply negative in the latest annual period and TTM, indicating an unfavorable trajectory in cash burn. A partial positive is that free cash flow tracks net income reasonably closely (free cash flow to net income below/around 1 in TTM), but the business still consumes cash rather than producing it.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2020
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	-627.19K	-406.00K	603.91K	-697.68K	-347.21K
Net Income	-1.09M	-400.00K	-1.00M	-700.46K	-347.67K
Balance Sheet
Total Assets	3.46M	34.52K	122.45K	1.08M	1.08M
Cash, Cash Equivalents and Short-Term Investments	3.08M	8.23K	95.56K	270.54K	911.38K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	201.60K	280.89K	209.18K	162.78K	170.23K
Stockholders Equity	3.26M	-246.37K	-86.73K	914.54K	909.73K
Cash Flow
Free Cash Flow	-866.18K	-86.33K	-174.32K	-690.73K	-502.19K
Operating Cash Flow	-720.20K	-86.33K	-156.58K	-265.56K	-452.19K
Investing Cash Flow	-146.84K	-1.00K	-18.40K	-425.28K	-50.09K
Financing Cash Flow	3.94M	0.00	0.00	50.00K	1.21M

Pantera Silver Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.76
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PNTR, the sentiment is Neutral. The current price of 0.76 is below the 20-day moving average (MA) of 0.82, above the 50-day MA of 0.75, and above the 200-day MA of 0.52, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.34 is Neutral, neither overbought nor oversold. The STOCH value of 23.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:PNTR.

Pantera Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VIPR	52 Neutral	C$161.94M	-9.14	-62.47%	―	―	-57.64%
TSLV	52 Neutral	C$32.34M	-10.53	-71.82%	―	―	44.12%
SBMI	52 Neutral	C$34.29M	-3.71	-9498.89%	―	―	-69.10%
SNG	51 Neutral	C$15.74M	-4.76	-44.50%	―	―	-221.30%
DEF	49 Neutral	C$120.76M	-47.89	-4.10%	―	―	43.20%
PNTR	42 Neutral	C$43.34M	-36.36	-72.41%	―	―	-14.77%