Portofino Resources (POR) AI Stock Analysis

• Market Cap: C$1.75M
• Dividend Yield: N/A
• Average Volume (3M): 79.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.81
• Revenue Growth: N/A
• EPS Growth: 76.89%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 53
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 175,443,900
• 10 Day Avg. Volume: 22,200
• 30 Day Avg. Volume: 79,368
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 241.70
• P/FCF Ratio: 55.30
• 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

Portofino Resources is grappling with considerable financial instability, as evidenced by persistent net losses, negative equity, and cash flow issues. These factors heavily impact the overall score. Although technical analysis suggests some caution due to overbought signals, the broader trend remains bearish. Valuation metrics, with a negative P/E ratio and no dividend yield, further detract from the stock's appeal.

Portofino Resources Business Overview & Revenue Model

Company Description

Portofino Resources Inc. acquires, explores for, and develops mineral properties in the Americas. The company holds an option to acquire 100% interests in the Sapawe West property that comprises 3 claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising 15 mining claims containing 197 contiguous cell units covering an area of approximately 4,036 hectares located primarily in the Duckworth Township, Ontario; and the Melema West gold property covering an area of 869 hectares located to the northeast of the town of Atikokan, Ontario. It also holds an option to acquire 100% interest in the South of Otter project covering an area of 5,363 hectares located to the southeast of the town of Red Lake, Ontario. In addition, the company has option assignment agreement to acquire a 100% interest in the Bruce Lake property that comprises 5 mineral claims totaling 1,428 hectares located in the Red lake, Ontario; the Allison Lake North property comprises 4 claims totaling 1,618 hectares located to the east of the Red Lake in northwestern Ontario; the Allison Lake North Birkett and Costello Lake property located in northwestern Ontario; holds a 100% interest in the Greenheart Lake property comprises 3 claims totaling approximately 1,200 hectares; and McNamara lithium property comprises 3 claims totaling approximately 1,120 hectares located in northwestern, Ontario. The company was formerly known as Crude Investments Corp. and changed its name to Portofino Resources Inc. in March 2012. Portofino Resources Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Portofino Resources makes money primarily through the discovery and development of mineral resources, which can be monetized through several avenues. The company's revenue model includes selling or leasing mining rights and assets to larger mining companies, earning income from joint ventures or strategic partnerships, and potentially directly entering into mineral production. Portofino Resources also raises capital by issuing shares to fund exploration activities. The company's earnings are significantly influenced by factors such as commodity prices, exploration success, and partnerships with other mining or investment entities.

Portofino Resources Financial Statement Overview

Summary

Portofino Resources is experiencing significant financial challenges, with persistent net losses, high leverage, negative equity, and cash flow shortages. The absence of revenue generation and reliance on financing activities highlight the need for strategic changes.

Income Statement

Portofino Resources has reported no revenue or gross profit across the periods, indicating challenges in generating sales. The company consistently incurs net losses, reflected in negative net income figures, which suggests ongoing profitability issues. Despite this, the EBIT and EBITDA figures show slight improvements, although they remain negative.

Balance Sheet

The company's balance sheet reflects high leverage with negative stockholders' equity, indicating financial instability and risk. The total liabilities significantly exceed total assets, which is concerning for solvency. The debt-to-equity ratio is not applicable due to negative equity, further highlighting financial challenges.

Cash Flow

Portofino Resources faces negative operating and free cash flows, suggesting challenges in generating cash from operations and maintaining liquidity. The free cash flow trend is negative, although financing activities, such as raising capital, provide some relief. The cash flow to net income ratios are not favorable given the negative figures.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-559.44K	0.00	-209.00
	EBIT
-920.87K	-2.47M	-2.56M	-2.39M	-2.86M	-424.35K
	EBITDA
-349.58K	-216.60K	0.00	-2.39M	-2.17M	-423.98K
	Net Income Common Stockholders
-915.17K	-2.71M	-2.47M	-2.39M	-2.49M	-950.34K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
82.16K	44.27K	140.14K	155.66K	274.11K	301.75K
	Total Assets
219.34K	123.54K	353.90K	277.01K	540.43K	443.54K
	Total Debt
260.38K	233.14K	0.00	0.00	0.00	0.00
	Net Debt
259.06K	-6.78K	-65.14K	-155.66K	-274.11K	-301.75K
	Total Liabilities
1.68M	1.43M	756.78K	149.08K	60.04K	189.83K
	Stockholders Equity
-1.46M	-1.31M	-402.88K	127.93K	480.39K	253.71K
Cash Flow		Free Cash Flow
-233.62K	-1.75M	-1.81M	-1.92M	-2.60M	-594.73K
	Operating Cash Flow
-233.62K	-1.75M	-1.81M	-1.92M	-2.60M	-594.73K
	Investing Cash Flow
0.00	0.00	0.00	0.00	288.29K	50.00K
	Financing Cash Flow
213.97K	1.69M	1.72M	―	―	844.49K

Portofino Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:POR, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of <0.01, above the 50-day MA of <0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.05 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:POR.

Portofino Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$7.05B	3.47	-6.10%	6.00%	-0.44%	-51.04%
SRL	45 Neutral	C$26.13M	―	-20.39%	―	―	29.22%
SPX	39 Underperform	C$3.64M	―	20129.02%	―	―	36.63%
NRN	37 Underperform	C$5.63M	―	-87.04%	―	―	-270.64%
POR	31 Underperform	C$1.75M	―		―	―	76.89%

Portofino Resources Corporate Events

Portofino Resources Revises Debt Settlement Agreement

Portofino Resources Inc. announced that it has amended its debt settlement agreement, reducing the amount of debt to be settled from $205,000 to $105,000 through the issuance of 10,500,000 common share units at $0.01 per unit. Each unit comprises one share and a half warrant, with full warrants convertible into shares at $0.05 each for two years. This transaction is pending approval from the TSX Venture Exchange. The move is part of the company’s strategy to manage its financial obligations and could impact its financial positioning and shareholder value.

Portofino Resources to Issue Shares for Debt Settlement

Portofino Resources Inc. announced its intention to settle $205,000 of outstanding debt by issuing 20,500,000 common share Units, each valued at $0.01. These Units, which include shares and warrants, are part of a debt settlement strategy subject to TSX Venture Exchange approval. This move reflects Portofino’s efforts to manage its financial obligations while maintaining its focus on its mineral resource projects, potentially impacting its financial structure and market presence.