Prismo Metals Inc. (PRIZ) AI Stock Analysis

• Market Cap: C$12.75M
• Dividend Yield: N/A
• Average Volume (3M): 164.74K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.54
• Revenue Growth: N/A
• EPS Growth: -3.49%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 106,247,690
• 10 Day Avg. Volume: 243,836
• 30 Day Avg. Volume: 164,743
• PEG Ratio: -0.03
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.74
• 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: 52 Neutral
• Price Target: C$0.12 ▲(0.83% Upside)

The score is held back mainly by weak financial performance (no revenue, ongoing losses, and negative cash flow), partly offset by a clean, low-debt balance sheet. Technicals are moderately supportive with price above key moving averages and a positive MACD, while valuation is limited by negative earnings and no dividend. Corporate events are a modest positive due to encouraging assay results and secured funding, though dilution risk remains.

Positive Factors

Strong Equity Position

A strong equity position provides financial stability and solvency, which is crucial for sustaining operations and funding exploration activities in the mining sector.

Asset Growth

Asset growth indicates successful acquisition and development of mineral properties, enhancing the company's potential for future revenue generation as these assets are developed.

Partnership Opportunities

Partnerships can provide financial support and reduce exploration risks, offering strategic advantages and potential revenue through shared projects and royalties.

Negative Factors

Consistent Net Losses

Ongoing net losses without revenue generation highlight financial instability, posing challenges for sustainability and necessitating external financing to continue operations.

High Cash Burn Rate

A high cash burn rate can deplete resources quickly, increasing reliance on external funding and posing risks to long-term operational viability if not managed effectively.

Increased Leverage

Increased leverage can strain financial flexibility, potentially limiting the company's ability to invest in new projects or weather economic downturns, impacting long-term growth prospects.

Prismo Metals Inc. Business Overview & Revenue Model

Company Description

Prismo Metals Inc. acquires, explores for, and develops mineral properties in Mexico. It has an option to acquire 100% interests in the Palos Verdes property that includes Palos Verdes concession covering an area of 22.7707 hectares located to the northeast of Mazatlán in Sinaloa State, Mexico; and Los Pavitos property covering an area of 5,289 hectares located in the Álamos area of Sonora State, Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada.

How the Company Makes Money

Prismo Metals Inc. generates revenue through the exploration and development of mineral properties. The company identifies and acquires promising mineral-rich sites, conducts exploration activities to assess the viability and potential yield of these properties, and subsequently develops them to extract valuable minerals such as silver and gold. Revenue is primarily derived from the sale of extracted minerals. Additionally, Prismo Metals may enter into joint ventures or partnerships with other mining companies to share exploration risks and costs. These partnerships can also provide upfront payments or royalties based on the minerals extracted from cooperative projects, contributing to the company's earnings.

Prismo Metals Inc. Financial Statement Overview

Summary

Prismo Metals Inc. demonstrates weak financial performance due to consistent net losses and lack of revenue, typical for early-stage mining companies. While asset growth and a robust equity base are positives, the high cash burn rate and increased leverage pose significant risks.

Income Statement

Prismo Metals Inc. has consistently reported zero revenue over the years, reflecting its early-stage nature or exploration focus typical in the mining industry. The company has been incurring net losses, with the net income turning more negative over time, indicating increasing expenses without offsetting revenue. Margins like gross profit, net profit, EBIT, and EBITDA are not applicable, presenting a challenge for financial sustainability.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, which indicates good solvency. However, the debt-to-equity ratio has increased, showing a slight rise in leverage, although still manageable. The significant increase in total assets is a positive sign, but the lack of revenue generation could pose long-term challenges.

Cash Flow

Prismo Metals Inc. has experienced negative operating and free cash flows, indicating cash outflows exceed inflows from operations. Although there is financing activity, likely to support operations, the cash burn rate is high. This suggests potential liquidity risks if financing cannot be sustained.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 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	0.00	0.00	0.00
EBITDA	-2.62M	-2.14M	-358.80K	-212.11K	-794.00	-64.74K
Net Income	-2.73M	-3.81M	-2.16M	-1.05M	-182.61K	-383.25K
Balance Sheet
Total Assets	7.66M	6.16M	7.29M	4.82M	1.91M	986.50K
Cash, Cash Equivalents and Short-Term Investments	173.84K	134.27K	1.40M	2.58M	975.30K	101.64K
Total Debt	166.09K	166.09K	177.09K	1.09K	21.59K	0.00
Total Liabilities	1.15M	1.31M	1.39M	277.18K	279.21K	155.58K
Stockholders Equity	6.51M	4.86M	5.90M	4.54M	1.63M	830.92K
Cash Flow
Free Cash Flow	-1.49M	-3.10M	-3.56M	-2.13M	-137.90K	-574.72K
Operating Cash Flow	-492.55K	-1.47M	-877.73K	-1.02M	-75.39K	-201.55K
Investing Cash Flow	-527.50K	77.78K	-2.34M	-1.11M	-62.50K	-373.17K
Financing Cash Flow	1.10M	1.27M	767.78K	3.73M	1.01M	500.78K

Prismo Metals Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PRIZ, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.71 is Neutral, neither overbought nor oversold. The STOCH value of 63.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PRIZ.

Prismo Metals Inc. 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%
XTM	61 Neutral	C$6.14M	2.22	67.36%	―	―	―
PRIZ	52 Neutral	C$12.75M	-2.53	-50.61%	―	―	-3.49%
CRI	40 Underperform	C$50.29M	-13.93	-127.83%	―	―	72.34%
RKL	38 Underperform	C$2.76M	-1.07	-48.17%	―	―	42.16%
AWCM	33 Underperform	C$9.39M	-4.48	-17.86%	―	―	92.11%

Prismo Metals Inc. Corporate Events

Prismo Metals Raises $2.2 Million in Upsized Private Placement to Fund Silver King Drilling

Prismo Metals Inc. has closed an upsized, non-brokered private placement, issuing 2,940,000 units at $0.10 each for additional gross proceeds of $294,000, bringing total funds raised in the multi-tranche financing to $2,204,000 from 22,040,000 units. The capital, raised largely from new shareholders, will primarily finance a fully funded drilling campaign of at least 1,000 metres at the historic Silver King mine site in Arizona, where the company aims to test the upper portion of a steeply dipping pipelike mineralized body and surrounding stockwork zones, while a portion of proceeds will go to general corporate purposes; the placement includes common share purchase warrants, finder’s warrants and commissions, and is subject to standard hold periods under Canadian securities laws.

The most recent analyst rating on (TSE:PRIZ) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Prismo Metals Inc. stock, see the TSE:PRIZ Stock Forecast page.

Prismo Metals Grants Stock Options and Restricted Share Units Under Incentive Plan

Prismo Metals Inc. has granted a total of 925,000 stock options to certain directors and officers under its long-term incentive plan, allowing holders to purchase common shares at an exercise price of $0.12 for five years, subject to vesting conditions. The company has also issued 250,000 stock options with a three-year term and 250,000 restricted share units to consultants, with the RSUs vesting in stages over six months, a move that aligns management and consultant incentives with shareholder interests and supports the company’s efforts to retain and motivate key personnel as it advances its exploration portfolio.

Prismo Metals Transitions Jurisdiction to British Columbia

Prismo Metals Inc. has announced its continuance from the jurisdiction of Canada to British Columbia under the Business Corporations Act. This strategic move, approved by shareholders, involves the replacement of its articles and bylaws while maintaining the same CUSIP/ISIN numbers and stock symbol. This transition may enhance the company’s operational flexibility and align its corporate structure with its strategic goals.

Prismo Metals Reports Positive Assay Results at Silver King Project

Prismo Metals Inc. announced promising assay results from its Silver King Project, revealing high-grade copper mineralization at the Black Diamond target and significant gold values at the Crown porphyry intrusion. These findings suggest potential for further exploration and development, enhancing Prismo’s positioning in the mining sector. Additionally, an IP survey identified key resistivity and chargeability anomalies, indicating new exploration targets that could impact the company’s future operations and stakeholder interests.

Prismo Metals Closes Upsized Private Placement to Fund Silver King Project

Prismo Metals Inc. has successfully closed an upsized non-brokered private placement, raising $1,745,000 through the issuance of 17,450,000 units due to strong investor demand. The company plans to use the proceeds primarily for drilling at its Silver King project and general corporate purposes, with potential additional subscriptions expected. The amendment to the terms of the warrants now allows each unit to consist of one share and one full warrant, enhancing the attractiveness of the investment without the acceleration clause. This strategic financial move is expected to bolster Prismo’s operational capabilities and strengthen its position in the mining exploration industry.

Prismo Metals Secures Key Extensions for Hot Breccia Copper Project

Prismo Metals Inc. has secured extensions for key milestones in its Hot Breccia Copper Project, allowing more time for exploration expenditures and cash payments. This strategic flexibility is intended to enhance the company’s ability to commence drilling in one of Arizona’s most promising copper exploration areas, potentially impacting its industry positioning and offering significant opportunities for stakeholders.

Prismo Metals Launches Private Placement to Fund Silver King Drilling

Prismo Metals Inc. has announced a non-brokered private placement to raise a minimum of $1,250,000 through the issuance of 12.5 million units at $0.10 per unit. The funds will primarily support drilling at the Silver King project in Arizona, where the company plans to explore the mineralized body and adjacent areas. Recent overlimit silver assay results from the Ripsey mine confirm high-grade mineralization, enhancing the company’s exploration prospects. The private placement is also accessible to existing shareholders under certain conditions, with a four-month hold period for the issued units.

Prismo Metals Unveils Promising Assay Results at Ripsey Mine

Prismo Metals Inc. has announced significant assay results from its Ripsey Mine Project in Arizona, revealing high-grade gold, silver, copper, and zinc mineralization over a 600-meter strike length. This development enhances the company’s exploration potential and allows for efficient resource allocation between the Ripsey and Silver King projects, with the latter also showing promising assay results. The strategic positioning and lack of exploration expenditure requirements at Ripsey provide Prismo with flexibility and potential cost synergies, strengthening its operational capabilities and market position.