Pelangio Exploration (PX) AI Stock Analysis

• Market Cap: C$67.00M
• Dividend Yield: N/A
• Average Volume (3M): 163.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.17
• Revenue Growth: N/A
• EPS Growth: 47.56%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 243,621,380
• 10 Day Avg. Volume: 99,373
• 30 Day Avg. Volume: 163,394
• PEG Ratio: 0.10
• Price to Book (P/B): -9.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.84
• 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: 52 Neutral
• Price Target: C$0.30 ▲(6.43% Upside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn) and limited valuation support due to a negative P/E. Offsetting factors include strong recent technical momentum and positive funding events that improve near-term liquidity, though with dilution risk.

Positive Factors

Strategic Exploration Initiatives

The initiation of a geochemical pitting program at the Obuasi property indicates strategic developments and potential future resource discovery. This could improve the company's prospects if successful, although it is currently speculative.

Promising Survey Results

Completion of a high-resolution UAV magnetics survey revealing promising targets enhances understanding of mineral-rich areas, potentially leading to significant discoveries and long-term growth.

Community Engagement

Engaging with local communities through job creation can enhance the company's reputation and foster goodwill, which is beneficial for long-term operations and potential partnerships.

Negative Factors

Financial Distress

The company's financial distress, marked by zero revenue and negative equity, raises sustainability concerns. Reliance on external financing without cash flow improvement suggests a precarious position, impacting long-term viability.

Operational Inefficiencies

Operational inefficiencies, as evidenced by negative EBIT and EBITDA margins, suggest high costs relative to nonexistent revenue, limiting profitability and growth potential over the long term.

Negative Cash Flow

Negative cash flow from operations indicates challenges in generating cash from core activities, which can hinder the company's ability to fund exploration and development, affecting long-term growth.

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 2008 and is headquartered in Toronto, Canada.

How the Company Makes Money

Pelangio Exploration makes money primarily through the discovery and development of mineral resources, particularly gold, which can be sold or partnered for further development. The company raises capital through equity financing to fund its exploration activities and may also generate revenue by entering into joint venture agreements, option agreements, or selling interests in its properties to other mining companies. These partnerships or sales provide upfront payments, ongoing funding, or royalties from future production, contributing to the company's earnings.

Pelangio Exploration Financial Statement Overview

Summary

Pelangio Exploration exhibits significant financial distress, with zero revenue generation, declining asset values, negative equity, and consistent operational and net losses. The company is heavily reliant on external financing, which is not improving its operational cash flow. These factors, combined with the absence of revenue, suggest a precarious financial position with significant risks.

Income Statement

Pelangio Exploration has consistently reported zero revenue over the periods, indicating a lack of operational income. The company shows negative EBIT and EBITDA margins, highlighting operational inefficiencies and high operational costs relative to nonexistent revenue. Net income is consistently negative, with no revenue growth potential observed, which limits profitability prospects.

Balance Sheet

The company has a negative stockholders' equity, primarily driven by consistent losses, which is a concerning sign of financial instability. The debt-to-equity ratio cannot be calculated due to negative equity, and liabilities exceed assets, pointing to potential solvency issues. However, the company maintains a relatively low level of total debt.

Cash Flow

Pelangio Exploration's cash flow from operating activities is negative, resulting in a negative free cash flow, which underscores challenges in generating cash from its core activities. The financing cash flow indicates reliance on external financing sources, but this is not translating into improved operating cash flow, suggesting inefficiencies in fund utilization.

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	-3.56K	-2.30K	-3.08K	-4.18K
EBITDA	-812.55K	-644.00K	-1.32M	-1.60M	-2.98M	-2.07M
Net Income	-816.15K	-756.00K	-1.39M	-1.36M	-2.73M	-1.81M
Balance Sheet
Total Assets	1.01M	442.98K	497.44K	1.03M	1.23M	2.57M
Cash, Cash Equivalents and Short-Term Investments	963.77K	410.46K	473.89K	929.95K	1.08M	2.47M
Total Debt	0.00	0.00	40.00K	40.00K	40.00K	40.00K
Total Liabilities	543.51K	921.38K	1.13M	647.12K	740.88K	816.41K
Stockholders Equity	461.71K	-478.40K	-632.41K	380.66K	485.55K	1.75M
Cash Flow
Free Cash Flow	-1.54M	-908.22K	-708.95K	-1.11M	-2.55M	-1.86M
Operating Cash Flow	-1.54M	-908.22K	-708.95K	-1.11M	-2.55M	-1.86M
Investing Cash Flow	73.63K	73.63K	0.00	50.62K	51.18K	45.07K
Financing Cash Flow	1.97M	825.58K	339.66K	948.52K	1.12M	3.52M

Pelangio Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 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:PX, the sentiment is Positive. The current price of 0.28 is above the 20-day moving average (MA) of 0.27, above the 50-day MA of 0.24, and above the 200-day MA of 0.16, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 55.66 is Neutral, neither overbought nor oversold. The STOCH value of 39.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PX.

Pelangio Exploration 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%
PX	52 Neutral	C$67.00M	-63.95	―	―	―	47.56%
SRL	50 Neutral	C$62.21M	-22.52	-11.93%	―	―	73.94%
SLG	49 Neutral	C$74.10M	-112.22	-14.39%	―	―	―
CNRI	46 Neutral	C$57.16M	-79.37	-1.60%	―	―	88.42%
RTG	45 Neutral	C$57.35M	-7.14	-42.68%	―	―	33.33%
TK	43 Neutral	C$66.83M	-34.72	-1.53%	―	―	5.26%

Pelangio Exploration Corporate Events

Pelangio Raises $1.4 Million Through Warrant Exercises to Advance Gold Projects

Pelangio Exploration Inc. has strengthened its balance sheet through the receipt of approximately $1.4 million in gross proceeds from the exercise of 27.9 million common share purchase warrants, resulting in the issuance of an equal number of new common shares. The company plans to deploy the new capital toward advancing its exploration projects and for general working capital and corporate purposes, supporting ongoing work across its Ghanaian and Canadian gold portfolios and potentially enhancing its ability to progress key assets in established gold-producing regions.

Pelangio Exploration Completes $4.5 Million Private Placement

Pelangio Exploration Inc. has successfully completed the final tranche of its non-brokered private placement, raising a total of $4,500,000. This financing effort, which involved the issuance of units comprising common shares and warrants, is expected to bolster the company’s exploration activities in its strategic gold properties. The private placement included participation from company insiders and is subject to regulatory approval, highlighting Pelangio’s ongoing efforts to strengthen its financial position and enhance its exploration capabilities.