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Pasinex Resources
(PSE)
Pasinex Resources (PSE) vs. iShares MSCI Canada ETF (EWC)
Pasinex Resources Business Overview & Revenue Model
Pasinex Resources 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 | -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
Pasinex Resources 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% | |
61 Neutral | C$18.96M | 36.17 | 3.69% | ― | 18.73% | -91.64% | |
52 Neutral | C$27.90M | -13.30 | -78.78% | ― | ― | 29.85% | |
48 Neutral | C$24.81M | -22.19 | -6.76% | ― | ― | 78.16% | |
47 Neutral | C$21.51M | -4.30 | -184.63% | ― | ― | -269.70% | |
45 Neutral | C$21.86M | -13.49 | -6.20% | ― | ― | -205.83% | |
39 Underperform | C$24.04M | 46.04 | 16.97% | ― | ― | ― |
Pasinex Resources Corporate Events
Pasinex Resources has completed a shares-for-debt transaction, issuing 33,405,205 common shares at C$0.10 each to settle C$3.34 million in liabilities owed to a group of creditors, including entities controlled by members of its board and senior leadership, in a move aimed at strengthening its balance sheet by reducing outstanding obligations. In tandem, the company amended a remaining C$2.05 million in debt to give participating creditors the option, for up to 36 months, to convert all or part of that balance into equity at the same C$0.10 price or be repaid in cash, a structure that both enhances Pasinex’s financial flexibility and underscores related-party participation under regulatory exemptions, with potential dilution balanced against improved financial stability for shareholders and other stakeholders.
The most recent analyst rating on (TSE:PSE) stock is a Hold with a C$0.09 price target. To see the full list of analyst forecasts on Pasinex Resources stock, see the TSE:PSE Stock Forecast page.
Pasinex Resources has completed the transfer of all shares of Horzum A.Ş., giving its Turkish subsidiary Pasinex Arama full 100% ownership of the company that operates the high-grade Pinargözü zinc mine in Adana Province, Türkiye, and paving the way for a reconstituted board, updated governance and execution of its 2026 operational plan. The company reports ongoing operational progress at Pinargözü, including new infrastructure such as a material loading and sorting area, office upgrades and secured stock areas, steady production with roughly 340 tonnes of zinc sulphide now stockpiled at surface, evaluation of nearby processing facilities, and a health and safety program with no reported incidents, underscoring the mine’s readiness for expanded development and its importance to Pasinex’s growth strategy.
Pasinex Resources has received approval from Türkiye’s General Directorate of Mining and Petroleum Affairs for full ownership of Horzum AS, which operates the Pinargözü zinc mine. The company plans a 1,000-metre development project to expand production capacity and access deeper zinc mineralization, aiming to extend the mine’s life and enhance shareholder value.
Pasinex Resources reported a net income of $42,989 for the third quarter of 2025, but a net loss of $1,128,423 for the nine months ending September 30, 2025, primarily due to equity losses and increased administrative costs. The company has strengthened its position by securing 100% ownership of the Horzum A.Ş. and Sarikaya projects, which are expected to enhance its operational capabilities and market presence in the zinc mining sector.
Pasinex Resources has received approval from Türkiye’s General Directorate of Mining and Petroleum Affairs for full ownership of the Sarikaya zinc project. With this approval, the company plans to begin exploration and mine development activities, aiming for small-scale production by mid-2026. The Sarikaya project, characterized by high-grade zinc deposits, is strategically located near Pasinex’s existing operations, offering operational synergies. The company’s near-term development plan includes appointing key personnel, conducting environmental assessments, and starting underground drilling. This initiative is expected to strengthen Pasinex’s position as a leading zinc producer in Türkiye.
Pasinex Resources Limited has successfully closed an oversubscribed non-brokered private placement, raising C$2,331,540. The proceeds will be used to advance the Sarikaya project in Türkiye, including underground development and exploration activities. This financing strengthens Pasinex’s balance sheet and positions the company for growth, reflecting investor confidence in its strategic focus and operational capabilities.