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Prismo Metals Inc.
(PRIZ)
Prismo Metals Inc. (PRIZ) vs. iShares MSCI Canada ETF (EWC)
Prismo Metals Inc. Business Overview & Revenue Model
Prismo Metals Inc. Financial Statement Overview
| 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
Prismo Metals Inc. 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% | |
51 Neutral | C$16.17M | -44.12 | ― | ― | ― | ― | |
48 Neutral | C$15.72M | -14.55 | -2.38% | ― | ― | 22.59% | |
46 Neutral | C$11.16M | -2.21 | -50.61% | ― | ― | -3.49% | |
46 Neutral | C$16.09M | -3.63 | -105.74% | ― | ― | 40.18% | |
45 Neutral | C$15.83M | -9.02 | -92.01% | ― | ― | ― | |
44 Neutral | C$15.14M | -3.92 | -24.14% | ― | ― | -1754.55% |
Prismo Metals Inc. Corporate Events
Prismo Metals has increased its ownership of the Hot Breccia copper project in Arizona from 75% to 95% through a C$185,000 cash payment to Infinitum Copper Corp. and the assumption of Infinitum’s remaining share-issuance obligations to Walnut Mines LLC, while also securing an irrevocable option to acquire the remaining 5% for potential full control. Management, supported by Walnut Mines, says the deal enhances strategic flexibility as Prismo evaluates alternatives to advance what it views as one of North America’s most compelling copper exploration opportunities, and the company has also updated investors on a recent private placement that raised C$225,000 with a further C$150,000 closing planned, bolstering funding for its exploration plans.
The most recent analyst rating on (TSE:PRIZ) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Prismo Metals Inc. stock, see the TSE:PRIZ Stock Forecast page.
Prismo Metals Inc. has closed an upsized, non-brokered private placement, issuing 2,000,000 units at $0.10 per unit for gross proceeds of $200,000, each unit comprising one common share and a warrant exercisable at $0.175 for 36 months. The financing, which attracted both new investors and existing shareholders increasing their stakes, is intended primarily to fund a fully financed drill program of at least 1,000 meters at the historic Silver King mine site in Arizona, potentially advancing the company’s exploration efforts and adding momentum to its broader project portfolio, while also issuing finder’s warrants and paying cash commissions as part of the transaction.
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 has agreed to increase its ownership in the Hot Breccia copper project in Arizona from 75% to 95% by acquiring an additional 20% stake from Infinitum Copper for C$185,000 in cash and shares, and it has secured an irrevocable option to purchase the remaining 5%, providing a clear route to full control. The deal, which shifts Infinitum’s remaining obligations under the underlying option agreement to Prismo and is expected to close around January 16, 2025, significantly enhances Prismo’s strategic flexibility to fund drilling and pursue partnerships without drawing on working capital earmarked for its Silver King project, positioning Hot Breccia as a potential flagship copper exploration asset within one of North America’s most prospective copper districts.
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 reported final overlimit silver assays and supporting geophysical results from the Crown porphyry area at its Silver King project in Arizona, confirming high-grade silver mineralization in quartz-sulfide veins and reinforcing the presence of a significant precious-metal and copper system that includes the adjacent Black Diamond replacement zone. A recently completed pole-dipole IP survey has outlined strong chargeability and low-resistivity anomalies associated with the Silver King mine, Crown porphyry, and Black Diamond replacement body, defining robust, three-dimensional drill targets down to roughly 300 meters depth; the company will maintain its near-term focus on a fully funded, 2,000‑metre drill program primarily targeting the historic Silver King mine to test the upper portion of its steeply dipping pipelike structure.
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 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 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 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 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 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 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.