Pasinex Resources (PSE) AI Stock Analysis

• Market Cap: C$16.39M
• Dividend Yield: N/A
• Average Volume (3M): 74.51K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.13
• Revenue Growth: N/A
• EPS Growth: -269.70%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 204,813,870
• 10 Day Avg. Volume: 59,040
• 30 Day Avg. Volume: 74,513
• PEG Ratio: >-0.01
• Price to Book (P/B): -2.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.86
• 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: 29 Underperform
• Price Target: ―

Pasinex Resources is under severe financial pressure with no revenue and high leverage, which are significant red flags. Strong technical indicators provide some short-term price momentum, but the negative valuation and financial performance outweigh these positive signals, resulting in a low overall score.

Positive Factors

Leadership Changes

The appointment of a new CFO with extensive industry experience can drive strategic growth and improve financial management, enhancing long-term stability.

Strategic Developments

Acquiring the Sarikaya License positions Pasinex to expand its resource base, potentially increasing production capacity and long-term revenue prospects.

Operational Efficiency

Focusing on local expertise and operational efficiency can enhance productivity and cost management, supporting sustainable growth in the competitive mining sector.

Negative Factors

Financial Challenges

Persistent financial instability, marked by zero revenue and negative equity, threatens the company's ability to sustain operations without external support.

Negative Cash Flow

Negative cash flow suggests operational inefficiencies and reliance on external financing, limiting the company's ability to invest in growth and manage debt.

Legal Issues

Ongoing legal issues can divert resources and focus, potentially leading to financial strain and operational disruptions, affecting long-term viability.

Pasinex Resources Business Overview & Revenue Model

Company Description

Pasinex Resources Limited (PSE) is a mining company focused on the exploration and development of mineral properties, primarily zinc, in Turkey. The company's principal operations are centered around its 50% interest in the Horzum AS joint venture, which includes the active Pinargozu zinc mine. Pasinex is involved in the discovery and advancement of mineral resources, leveraging its expertise in mineral exploration and project management to develop profitable mining ventures.

How the Company Makes Money

Pasinex Resources makes money primarily through the extraction and sale of zinc concentrate from its joint venture operations at the Pinargozu mine. Revenue is generated from the sale of zinc concentrate to third-party buyers in the market, where prices are influenced by global supply and demand dynamics. The company's financial performance is also impacted by the operational efficiency of its mining activities, the cost of production, and the quality of the mineral resources being extracted. Strategic partnerships, particularly the joint venture with Akmetal AS, play a crucial role in the company's operational capabilities and access to mining projects.

Pasinex Resources Financial Statement Overview

Summary

Pasinex Resources faces significant financial challenges, with zero revenue, consistent losses, negative equity, and reliance on external financing. These factors severely impact the company's financial stability and prospects.

Income Statement

Pasinex Resources has consistently reported zero revenue across all periods. The company operates at a significant loss, with negative EBIT and net income figures. The absence of revenue growth and negative margins indicate severe challenges in generating sales and controlling costs.

Balance Sheet

The company's balance sheet shows negative stockholders' equity, indicating a higher total liability than assets. This is concerning as it reflects potential financial distress and indicates high leverage with a negative equity ratio. The debt-to-equity ratio cannot be accurately calculated due to negative equity, but the substantial debt level poses a risk.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating cash outflow exceeds cash inflow from operations. The company relies on external financing, as shown by the financing cash flow, but it still struggles to achieve positive free cash flow growth. Operating cash flow to net income ratio is not meaningful due to negative income.

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	-1.91K	-2.16K	0.00	0.00
EBITDA	-3.25M	-2.62M	-2.05M	-1.73M	-1.14M	-1.14M
Net Income	-3.52M	-2.65M	-310.00K	2.04M	-130.00K	-1.25M
Balance Sheet
Total Assets	4.05M	3.56M	3.02M	4.08M	2.87M	2.11M
Cash, Cash Equivalents and Short-Term Investments	1.17M	542.01K	177.28K	855.57K	100.03K	46.03K
Total Debt	3.31M	4.28M	2.53M	2.44M	2.93M	2.21M
Total Liabilities	3.87M	4.90M	2.98M	3.56M	3.99M	3.45M
Stockholders Equity	183.74K	-1.34M	47.97K	517.17K	-1.12M	-1.34M
Cash Flow
Free Cash Flow	-2.36M	-1.56M	-556.22K	1.84M	-509.64K	-847.24K
Operating Cash Flow	-2.35M	-1.55M	-554.40K	1.84M	-480.03K	-826.39K
Investing Cash Flow	-11.94K	-1.70K	-1.82K	-2.04K	-29.61K	-20.85K
Financing Cash Flow	2.52M	1.58M	-50.00K	-634.62K	580.00K	945.50K

Pasinex Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 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:PSE, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.67 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PSE.

Pasinex Resources 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%
EPL	61 Neutral	C$18.38M	34.04	3.69%	―	18.73%	-91.64%
MN	42 Neutral	C$24.68M	-13.30	-78.78%	―	―	29.85%
SMY	41 Neutral	C$16.80M	-13.49	-6.20%	―	―	-205.83%
SRA	39 Underperform	C$16.55M	30.22	16.97%	―	―	―
STE	38 Underperform	C$17.60M	-17.92	-6.76%	―	―	78.16%
PSE	29 Underperform	C$16.39M	-3.28	-184.63%	―	―	-269.70%

Pasinex Resources Corporate Events

Pasinex Announces Key Leadership Changes and Strategic Developments

Pasinex Resources has announced significant leadership changes with the appointment of Ian D. Atacan as Chief Financial Officer and Corporate Secretary, succeeding Andrew Gottwald. The company is strategically positioning itself for growth in the Turkish zinc mining sector, leveraging Atacan’s extensive experience in the industry. Additionally, Pasinex has secured an option to acquire the Sarikaya License, highlighting its commitment to expanding high-grade zinc resources. New appointments within its subsidiary Pasinex AŞ emphasize the company’s focus on local expertise and operational efficiency. The transition to JC Professional Corporation as the new auditor aims to enhance audit oversight, aligning with the company’s growth objectives.

Pasinex Resources Announces Key Leadership Changes and Strategic Developments

Pasinex Resources Limited has announced significant leadership changes, appointing Ian D. Atacan as the new Chief Financial Officer and Corporate Secretary. These appointments are part of a strategic move to leverage local expertise and enhance operational efficiency, positioning the company for sustainable growth amidst ongoing projects and financing efforts.

Pasinex Resources Reports Q3 Loss Amid Legal Issues

Pasinex Resources has released their third-quarter financial results, revealing a consolidated net loss and a significant drop in zinc production and sales compared to the previous year. The company is also dealing with ongoing legal actions involving Horzum AS, which has impacted their financial performance.