Pelangio Exploration Inc (TSE:PX)
:PX
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Pelangio Exploration
(PX)
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Rating:42Neutral
Price Target:
C$0.13
▼(-55.36% Downside)
Action:Reiterated
Date:06/01/26
The score is driven primarily by weak financial performance (no revenue, ongoing losses, and negative free cash flow with rising burn), partially offset by low leverage and positive equity. Technicals are mildly bearish (below key moving averages with negative MACD), while valuation provides limited support given losses and no dividend.
Positive Factors
Low Leverage
Zero reported debt materially reduces financial distress risk and preserves strategic optionality. For a junior explorer, no debt lowers fixed obligations and interest pressure, improving ability to pursue staged exploration or wait for favorable partner/market terms over months to years.
Negative Factors
No Revenue
Absence of operating revenue means the business cannot self-fund activities or demonstrate commercial validation, leaving long-term viability dependent on financing or asset-sale outcomes. Persistent losses erode capital and elevate risk of dilution or forced transactions.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Zero reported debt materially reduces financial distress risk and preserves strategic optionality. For a junior explorer, no debt lowers fixed obligations and interest pressure, improving ability to pursue staged exploration or wait for favorable partner/market terms over months to years.
Read all positive factors
Pelangio Exploration (PX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$32.70M
Dividend YieldN/A
Average Volume (3M)163.39K
Price to Earnings (P/E)―
Beta (1Y)1.39
Revenue GrowthN/A
EPS Growth-114.00%
CountryCA
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding251,513,050
10 Day Avg. Volume99,373
30 Day Avg. Volume163,394
Financial Highlights & Ratios
PEG Ratio3.81
Price to Book (P/B)10.84
Price to Sales (P/S)0.00
P/FCF Ratio-26.22
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
Pelangio Exploration Business Overview & Revenue Model
Company Description
Pelangio Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in various gold properties in Canada, Africa, and Ghana. The company was incorporated in 2...
How the Company Makes Money
Pelangio Exploration does not operate producing mines, so it generally does not generate recurring revenue from mineral sales; its business model is primarily asset advancement rather than production. As a typical junior exploration issuer, PX’s f...
Pelangio Exploration Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
12
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -326.00 | 0.00 | -3.56K | -2.30K | -3.08K |
| EBITDA | -1.41M | -644.00K | -1.32M | -1.60M | -2.98M |
| Net Income | -886.14K | -756.00K | -1.39M | -1.36M | -2.73M |
Balance Sheet | |||||
| Total Assets | 5.53M | 442.98K | 497.44K | 1.03M | 1.23M |
| Cash, Cash Equivalents and Short-Term Investments | 5.37M | 410.46K | 473.89K | 929.95K | 1.08M |
| Total Debt | 0.00 | 0.00 | 40.00K | 40.00K | 40.00K |
| Total Liabilities | 144.68K | 921.38K | 1.13M | 647.12K | 740.88K |
| Stockholders Equity | 5.38M | -478.40K | -632.41K | 380.66K | 485.55K |
Cash Flow | |||||
| Free Cash Flow | -2.23M | -908.22K | -708.95K | -1.11M | -2.55M |
| Operating Cash Flow | -2.17M | -908.22K | -708.95K | -1.11M | -2.55M |
| Investing Cash Flow | -54.78K | 73.63K | 0.00 | 50.62K | 51.18K |
| Financing Cash Flow | 6.68M | 825.58K | 339.66K | 948.52K | 1.12M |
Pelangio Exploration Technical Analysis
Negative
0.28
Price Trends
0.17
Negative
0.19
Negative
0.20
Negative
Market Momentum
>-0.01
Positive
35.55
Neutral
9.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PX, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.17, and above the 200-day MA of 0.20, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.55 is Neutral, neither overbought nor oversold. The STOCH value of 9.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PX.
Pelangio 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% | |
57 Neutral | C$62.82M | -31.37 | -1.96% | ― | ― | 15.44% | |
49 Neutral | C$71.42M | -26.97 | -9.43% | ― | ― | 57.00% | |
46 Neutral | C$455.67M | -292.94 | -22.17% | ― | ― | -182.81% | |
45 Neutral | C$76.47M | -12.29 | -47.08% | ― | ― | 49.21% | |
44 Neutral | C$32.58M | -45.77 | -1.60% | ― | ― | 63.10% | |
42 Neutral | C$32.70M | -12.40 | -756.36% | ― | ― | -114.00% |
* Basic Materials Sector Average
TSE:PX
Pelangio Exploration
0.13
0.04
38.89%
TSE:RTG
RTG Mining
0.04
0.01
33.33%
TSE:SRL
Salazar Resources
0.26
0.11
82.14%
TSE:TK
Tinka Resources
0.45
0.20
80.00%
TSE:SLG
San Lorenzo Gold Corp
4.98
4.76
2163.64%
TSE:CNRI
Canadian North Resources, Inc.
0.29
-0.66
-69.68%
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.