Puma Exploration Inc (TSE:PUMA)
:PUMA
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Puma Exploration
(PUMA)
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Rating:44Neutral
Price Target:
C$0.15
▼(-1.33% Downside)
Action:ReiteratedDate:03/20/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow) and a bearish technical setup with the stock trading below key moving averages and negative MACD. A debt-free balance sheet provides some stability, but valuation signals are limited due to the negative P/E and lack of dividend data.
Positive Factors
Debt-free balance sheet
A near-zero debt profile materially reduces refinancing and interest risks for an early-stage explorer. This durable strength gives management flexibility to time financings and negotiate JV terms, preserving optionality to advance targets without fixed debt servicing pressures.
Negative Factors
No revenue and persistent losses
Absent operating revenue and enduring losses mean the company cannot self-sustain from operations. Over months this forces reliance on external capital or asset transactions to continue exploration, and persistent unprofitability limits ability to build internally funded, scalable programs.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A near-zero debt profile materially reduces refinancing and interest risks for an early-stage explorer. This durable strength gives management flexibility to time financings and negotiate JV terms, preserving optionality to advance targets without fixed debt servicing pressures.
Read all positive factors
Puma Exploration (PUMA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$30.76M
Dividend YieldN/A
Average Volume (3M)191.50K
Price to Earnings (P/E)―
Beta (1Y)0.84
Revenue GrowthN/A
EPS Growth34.69%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding201,065,030
10 Day Avg. Volume84,714
30 Day Avg. Volume191,499
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)0.80
Price to Sales (P/S)0.00
P/FCF Ratio-5.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Puma Exploration Business Overview & Revenue Model
Company Description
Puma Exploration Inc., a junior mining exploration company, acquires, explores for, and develops mining properties in Canada. The company explores for gold, silver, and copper deposits. Its flagship project is the Williams Brook Gold project cover...
How the Company Makes Money
Puma Exploration does not typically generate recurring operating revenue from selling products or services; instead, it is primarily funded through capital markets and strategic transactions common to early-stage mineral exploration. Key ways the ...
Puma Exploration Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | TTM | May 2024 | Feb 2024 | May 2022 | May 2021 | May 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -10.82K | -10.82K | -15.45K | -18.91K | -10.49K | -6.09K |
| EBITDA | -1.58M | -1.15M | -1.72M | -1.27M | -1.86M | -1.18M |
| Net Income | -1.31M | -1.05M | -1.60M | -1.29M | -2.04M | -1.19M |
Balance Sheet | ||||||
| Total Assets | 21.22M | 18.58M | 16.26M | 13.99M | 14.75M | 7.36M |
| Cash, Cash Equivalents and Short-Term Investments | 135.95K | 361.10K | 522.17K | 190.49K | 1.13M | 304.34K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 32.16K |
| Total Liabilities | 1.38M | 519.43K | 375.13K | 296.65K | 1.86M | 627.64K |
| Stockholders Equity | 19.84M | 18.06M | 15.89M | 13.70M | 12.89M | 6.74M |
Cash Flow | ||||||
| Free Cash Flow | -422.57K | -2.87M | -3.80M | -6.63M | -4.98M | -2.88M |
| Operating Cash Flow | -120.92K | -1.22M | -1.60M | -1.79M | -1.38M | -892.15K |
| Investing Cash Flow | -963.46K | -1.19M | -2.19M | -4.84M | -3.60M | -1.58M |
| Financing Cash Flow | 819.02K | 2.25M | 4.13M | 1.67M | 8.23M | 4.37M |
Puma Exploration Technical Analysis
Neutral
0.15
Price Trends
0.17
Negative
0.17
Negative
0.14
Positive
Market Momentum
>-0.01
Negative
47.91
Neutral
86.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PUMA, the sentiment is Neutral. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.17, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.91 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:PUMA.
Puma Exploration Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
48 Neutral | C$46.97M | -29.03 | -2.95% | ― | ― | -34.21% | |
46 Neutral | C$30.90M | 125.32 | 27.05% | ― | -100.00% | ― | |
45 Neutral | C$21.01M | -15.35 | -16.82% | ― | ― | 14.38% | |
44 Neutral | C$30.76M | -13.82 | -7.17% | ― | ― | 34.69% | |
44 Neutral | C$24.09M | -12.63 | -144.44% | ― | ― | ― |
* Basic Materials Sector Average
TSE:PUMA
Puma Exploration
0.15
0.08
118.57%
TSE:KG
Klondike Gold
0.19
0.10
117.65%
TSE:OCI
Orefinders Resources
0.11
0.03
40.00%
TSE:YRB
Yorbeau Resources Inc
0.07
0.03
62.50%
TSE:VAU
Viva Gold
0.14
0.02
12.00%
TSE:WG
Westward Gold Inc
0.09
<0.01
5.88%
Puma Exploration Corporate Events
Business Operations and Strategy
Puma Exploration Expands McKenzie Gold Project and Deepens New Brunswick Footprint
Positive
Mar 4, 2026
Puma Exploration has significantly expanded its McKenzie Gold Project in Northern New Brunswick, staking two new claim blocks that increase the property to 42,053 hectares and secure key ground along both northern and southern extensions of a pros...
Business Operations and Strategy
Puma Exploration Details Fully Funded 2026 Program at McKenzie Gold Project
Positive
Feb 27, 2026
Puma Exploration has unveiled a fully funded C$1.2 million 2026 exploration program at its McKenzie Gold Project in Northern New Brunswick, aimed at expanding the RIM and Grog gold zones and refining structural models to generate drill-ready targe...
Business Operations and Strategy
Puma Exploration and Kinross Launch $3 Million Winter Drilling at Williams Brook
Positive
Feb 12, 2026
Puma Exploration has launched a Winter 2026 drilling campaign at its Williams Brook Gold Project in Northern New Brunswick, in partnership with Kinross Gold, committing $3 million in the program’s second year. The campaign will comprise abou...
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Puma Exploration Finalizes Murray Brook West Sale and Advances Critical Minerals Spin-Off Plan
Positive
Feb 10, 2026
Puma Exploration has closed the sale of its Murray Brook West Project to Canadian Copper, which has satisfied its option agreement obligations by issuing 1,179,090 shares to acquire a 100% interest, while Puma retains a 2% net smelter return royal...
Business Operations and StrategyPrivate Placements and Financing
Puma Extends Lynx Gold Zone With High-Grade Drilling and Kinross Backing
Positive
Feb 4, 2026
Puma Exploration’s 2025 drilling program at the Lynx Gold Zone hit high-grade intercepts—including 5.11 g/t gold over 6.60 metres with a 0.50-metre interval grading 66.10 g/t—while confirming an 800-metre strike length, 50-metre ...
Business Operations and StrategyM&A Transactions
Puma Exploration Monetizes Turgeon Project as It Deepens Equity- and Royalty-Focused Growth Strategy
Positive
Jan 14, 2026
Puma Exploration has completed the sale of its Turgeon base metal project to Raptor Resources, now largely controlled by Australia’s Eastern Metals (to be renamed Raptor Metals), securing C$391,631 in cash and 18.75 million Eastern Metals sh...
Business Operations and StrategyPrivate Placements and Financing
Kinross Boosts Stake in Puma Exploration with $2 Million Private Placement
Positive
Jan 5, 2026
Puma Exploration announced that Kinross Gold Corporation is increasing its equity stake in the company from 9.1% to 14.8% (17.4% on a partially diluted basis) through a $2 million non-brokered private placement of 12.5 million units at $0.16 per u...
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.