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Prospect Ridge Resources Corp. (TSE:PRR)
:PRR

Prospect Ridge Resources Corp. (PRR) AI Stock Analysis

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TSE:PRR

Prospect Ridge Resources Corp.

(PRR)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
C$0.10
▲(35.71% Upside)
The score is held down primarily by extremely weak financial performance (no revenue, recurring losses, and sustained cash burn), only partially offset by low balance-sheet leverage. Technical indicators are relatively strong (price above major moving averages with positive MACD), but valuation remains unfavorable due to continued unprofitability and no dividend support.
Positive Factors
Low Leverage / Capital Buffer
Very low reported debt relative to equity meaningfully lowers near-term insolvency risk. That durable balance-sheet cushion extends runway to pursue operational milestones or raise capital from a stronger position, improving strategic flexibility over months.
Cash Burn Aligns with Reported Losses
Free cash flow tracking net losses indicates outflows largely reflect operating losses rather than non-cash accounting items. This alignment improves predictability of cash needs and makes funding plans and lender/investor due diligence more straightforward over the medium term.
Loss Trajectory Not Rapidly Worsening
A loss profile that is not accelerating rapidly reduces tail-risk compared with a steep deterioration. While still unprofitable, a relatively stable negative trajectory makes operational recovery scenarios and cost-control planning more tractable over the next several months.
Negative Factors
No Revenue
Absence of reported revenue means no core operating cash inflows from products or services. The unproven business model forces reliance on external financing, preventing margin development and making sustainable profitability unlikely without near-term commercial traction.
Persistent Cash Burn
Significant and persistent negative operating and free cash flow steadily erode the capital base. Continued cash burn will necessitate dilutive equity raises or debt, constraining strategic options and elevating refinancing and dilution risk across the coming quarters.
Declining Equity & Negative ROE
Material year-over-year equity decline coupled with deeply negative ROE signals capital erosion and shareholder value destruction. Persistent losses shrinking the equity base increase financing pressure and weaken the company's resilience to further operational setbacks in the medium term.

Prospect Ridge Resources Corp. (PRR) vs. iShares MSCI Canada ETF (EWC)

Prospect Ridge Resources Corp. Business Overview & Revenue Model

Company DescriptionProspect Ridge Resources Corp., a mineral exploration company, engages in the acquisition, exploration, and development of precious metal projects in North America. It has an option to acquire 100% interests in the Galinee property that includes 15 contiguous mineral claims covering an area of approximately 839.45 hectares located in Baie-James, Quebec; and the Holy Grail property covering an area of approximately 70,000 hectares situated to the north of Terrace, British Columbia. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyProspect Ridge Resources Corp. makes money through the exploration and development of its mineral properties. The company generates revenue by identifying promising mineral deposits and advancing these projects to attract investments or partnerships. Once a viable mineral resource is confirmed, the company may either sell or lease the property to larger mining companies, enter into joint ventures, or develop the resources themselves to extract and sell the minerals. Key revenue streams include the sale of mineral rights, royalties from partnerships, and proceeds from any eventual mineral production. Significant partnerships with other mining companies or investors can also provide the necessary capital and expertise to advance their projects, contributing to the company's earnings.

Prospect Ridge Resources Corp. Financial Statement Overview

Summary
Fundamentals are very weak: revenue is consistently zero, losses persist (TTM net loss ~-2.5M), and cash burn is heavy (TTM operating cash flow ~-2.8M; FCF ~-2.9M). The main offset is low leverage (TTM debt ~223k vs equity ~7.1M), but equity has declined versus prior periods, increasing longer-run funding risk if losses continue.
Income Statement
8
Very Negative
Results remain very weak: revenue is consistently zero across annual periods and TTM (Trailing-Twelve-Months), while losses are persistent (TTM net loss of about -2.5M vs -2.0M in FY2025 and -2.6M in FY2024). Profitability is structurally negative with no evidence of operating leverage, and the loss trajectory is volatile rather than steadily improving. The main positive is that losses are not accelerating dramatically versus some prior periods, but the absence of revenue keeps the earnings profile highly speculative.
Balance Sheet
54
Neutral
Balance sheet looks conservatively levered: debt is low (TTM total debt ~223k) against a sizable equity base (~7.1M), supporting a very low debt-to-equity level. However, equity has declined from FY2024 (~8.9M) to FY2025 (~6.9M) and TTM, reflecting ongoing losses and dilution/asset burn risk. Returns on equity are materially negative (TTM roughly -35%), so while solvency risk appears limited today, continued losses could pressure the capital base over time.
Cash Flow
18
Very Negative
Cash generation is a clear weakness: operating cash flow is consistently negative, with TTM operating cash outflow around -2.8M (worse than FY2025 at about -1.8M). Free cash flow is also persistently negative (TTM ~-2.9M). A positive is that cash burn broadly tracks reported losses (free cash flow roughly in line with net loss), suggesting limited non-cash earnings distortion, but the business still requires ongoing funding until revenues materialize.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-133.94K-155.22K-129.15K-92.20K-22.90K
EBITDA-1.88M-2.47M-2.09M-4.01M-1.63M
Net Income-2.03M-2.64M-2.23M-4.11M-1.65M
Balance Sheet
Total Assets7.43M10.21M7.01M8.66M1.48M
Cash, Cash Equivalents and Short-Term Investments2.32M4.23M1.39M3.17M764.36K
Total Debt147.49K338.76K291.67K308.46K1.55K
Total Liabilities483.72K1.29M571.98K600.00K489.38K
Stockholders Equity6.94M8.92M6.44M8.06M995.08K
Cash Flow
Free Cash Flow-1.79M-2.06M-1.77M-4.55M-427.38K
Operating Cash Flow-1.78M-2.05M-1.57M-3.97M-309.74K
Investing Cash Flow2.60M-4.17M-132.51K-642.47K-117.64K
Financing Cash Flow-208.68K4.89M-67.83K7.02M480.09K

Prospect Ridge Resources Corp. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.08
Positive
100DMA
0.09
Positive
200DMA
0.07
Positive
Market Momentum
MACD
<0.01
Negative
RSI
60.29
Neutral
STOCH
32.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PRR, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.08, and below the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.29 is Neutral, neither overbought nor oversold. The STOCH value of 32.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PRR.

Prospect Ridge Resources Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
C$12.48M-20.91-5.30%
49
Neutral
C$10.64M-2.60-44.07%44.75%
49
Neutral
C$6.16M-2.39-19.36%7.28%
45
Neutral
C$7.56M-8.75-16.74%-122.22%
45
Neutral
C$5.35M-12.07-8.37%38.78%
27
Underperform
C$6.78M-8.33-55.49%62.50%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:PRR
Prospect Ridge Resources Corp.
0.08
0.03
54.00%
TSE:CPL
Copper Lake Resources
0.03
0.02
150.00%
TSE:MEK
Metals Creek Resources
0.04
0.01
52.17%
TSE:VERT
Vertical Exploration Inc
0.04
>-0.01
-12.50%
TSE:HAR
Harfang Exploration
0.07
<0.01
7.69%
TSE:GLM
Golden Lake Exploration
0.12
0.06
91.67%

Prospect Ridge Resources Corp. Corporate Events

Business Operations and Strategy
Prospect Ridge IP Survey Defines Major Drill Target at Excalibur Copper-Gold Project
Positive
Jan 23, 2026

Prospect Ridge Resources has reported final 2D inversion results from an induced polarization (IP) survey at its Excalibur copper-gold porphyry project in British Columbia, identifying a roughly 1 km by 2 km geophysical target defined by coincident chargeability, resistivity and magnetic anomalies that align with previously outlined copper-in-soil anomalies. Company management and technical advisors say the integrated geophysical and geochemical data outline a classic porphyry-style system with a pyrite-rich halo and magnetite-bearing core, and Prospect Ridge now plans a minimum 2,000-metre diamond drilling program, expected to start as early as June 2026 pending permitting and weather, in a bid to test a target that has never before been drilled and potentially advance the project’s exploration profile.

The most recent analyst rating on (TSE:PRR) stock is a Hold with a C$0.09 price target. To see the full list of analyst forecasts on Prospect Ridge Resources Corp. stock, see the TSE:PRR Stock Forecast page.

Business Operations and Strategy
Prospect Ridge Confirms Copper-Gold Porphyry Discovery at Camelot Project in B.C.
Positive
Jan 22, 2026

Prospect Ridge Resources has reported initial assay results from hole CAM25-009 in its 2025 fall diamond drill program at the 100%-owned Camelot copper-gold project in B.C.’s Cariboo Mining District, confirming the discovery of a copper-gold-bearing alkalic porphyry system over a 1.7 km geophysical and geochemical trend. The first reported hole returned continuous mineralization grading 0.06 g/t gold and 0.08% copper over 156.6 metres from shallow depth, with higher-grade subintervals and geological indicators suggesting the core of the porphyry system has not yet been intersected; these results refine the company’s targeting criteria for deeper drilling in 2026 and point to potential for a larger, more robust Cu-Au system, which could enhance the project’s strategic significance if further assays confirm similar or stronger grades.

The most recent analyst rating on (TSE:PRR) stock is a Hold with a C$0.09 price target. To see the full list of analyst forecasts on Prospect Ridge Resources Corp. stock, see the TSE:PRR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Prospect Ridge Exits 2025 with Funded, Drill-Ready Copper-Gold Portfolio in B.C.
Positive
Jan 13, 2026

Prospect Ridge Resources Corp. reported that 2025 was a transformative year in which it strengthened its leadership and technical advisory team, entered into an exclusive two-year exploration agreement with Equity Exploration Consultants, and assembled a focused portfolio of three key copper-gold porphyry projects—Castle, Excalibur, and Camelot—in proven British Columbia mining districts. The company carried out multiple exploration programs, including geophysical surveys, mapping, sampling, and a 2,034-metre, 10-hole diamond drill campaign at Camelot, and secured $2.43 million in critical-metals flow-through financing to fund planned 2026 drill programs, leaving it funded, drill-ready and positioned to deliver potential discovery-driven value for shareholders through high-priority targets at its core projects.

The most recent analyst rating on (TSE:PRR) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Prospect Ridge Resources Corp. stock, see the TSE:PRR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Prospect Ridge Raises $800,500 in Flow-Through Financing to Fund 2026 BC Drill Programs
Positive
Dec 29, 2025

Prospect Ridge Resources Corp. has closed a non-brokered flow-through private placement, issuing 8,894,444 flow-through units at $0.09 each for gross proceeds of $800,500. Each unit comprises one flow-through common share and one-half warrant, with full warrants exercisable at $0.15 for two years, subject to accelerated expiry if the stock trades at or above $0.25 for ten consecutive sessions. The company paid $53,200 in cash finder fees and issued 591,111 finder warrants, with all securities subject to a hold period until April 30, 2026. Insiders participated for $21,600, representing a small fraction of the offering and outstanding shares, and the transaction qualified for exemptions under Canadian related-party rules. Prospect Ridge plans to use the proceeds to fund qualifying Canadian exploration expenses, specifically its 2026 drilling programs at the Excalibur, Castle and Camelot projects in British Columbia, bolstering its push to advance potential copper-gold porphyry discoveries in the region.

Business Operations and Strategy
Prospect Ridge Flags Porphyry Copper-Gold Potential at Camelot After Initial Drill Program
Positive
Dec 22, 2025

Prospect Ridge Resources has completed a 10-hole, 2,010-metre diamond drill program at its 100%-owned Camelot copper-gold project in B.C.’s Cariboo Mining District, with the latest four holes confirming disseminated pyrite and chalcopyrite along a 1.7 km prospective geochemical and geophysical trend. Visual core inspection and portable X-ray fluorescence readings indicate multiple episodes of strong porphyry-style alteration, particularly in hole CAM25-009, and a positive correlation between elevated sulphide mineralization and chargeability highs, which the company aims to use as a primary vectoring tool for future drilling. Most holes were stopped around 200 metres despite mineralization at depth to maximize target testing, and core from key holes, including new cuts from a partially assayed historical hole, has been sent for rush assays, with results expected early in the new year to guide a planned follow-up drill program in 2026.

Business Operations and StrategyPrivate Placements and Financing
Prospect Ridge Completes Private Placement to Fund B.C. Exploration Projects
Positive
Dec 7, 2025

Prospect Ridge Resources Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $1,632,800.16 through the issuance of flow-through units. The funds will be used to finance exploration projects in British Columbia, including a 2,000-meter drill program at the Camelot project and other projects in the Excalibur and Castle areas. This financing supports the company’s strategic focus on discovering significant copper-gold porphyry deposits, potentially enhancing its market position and creating value for shareholders.

Business Operations and Strategy
Prospect Ridge Reports Promising Copper Finds at Camelot Project
Positive
Dec 4, 2025

Prospect Ridge Resources Corp. has announced promising results from its initial diamond drilling program at the Camelot copper-gold project, with copper mineralization detected in four out of the first six holes. The findings, which include the presence of chalcopyrite and pyrite, suggest potential for a significant alkalic porphyry deposit, prompting adjustments to the drilling strategy to better target high chargeability areas. This development could enhance Prospect Ridge’s positioning in the mining sector, particularly in British Columbia, as it awaits further assay results to confirm the project’s potential.

Private Placements and Financing
Prospect Ridge Resources Completes Second Tranche of Private Placement to Fund BC Exploration
Neutral
Nov 13, 2025

Prospect Ridge Resources Corp. has successfully closed the second tranche of its non-brokered flow-through private placement, raising gross proceeds of $288,800.04. The funds will primarily support a 2,000-meter drill program at the Camelot project in British Columbia, aiming to advance exploration efforts in the region. Insiders purchased a significant portion of the flow-through units, constituting a related party transaction under Canadian securities regulations. The company is leveraging exemptions to proceed without formal valuation or minority shareholder approval. The offering is subject to closing conditions, including necessary approvals.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 02, 2026