Planet Mining Exploration (PXI) AI Stock Analysis

• Market Cap: C$51.03M
• Dividend Yield: N/A
• Average Volume (3M): 38.22K
• Price to Earnings (P/E): 59.5
• Beta (1Y): 2.06
• Revenue Growth: -54.44%
• EPS Growth: -78.24%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): <0.01
• Shares Outstanding: 204,126,680
• 10 Day Avg. Volume: 6,700
• 30 Day Avg. Volume: 38,217
• PEG Ratio: <0.01
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 4.54
• P/FCF Ratio: 2.02
• 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: 55 Neutral
• Price Target: C$0.26 ▲(326.67% Upside)

The score is held back primarily by an uneven financial profile (volatile revenue, mixed operating quality, and higher leverage) and a demanding valuation (high P/E with no dividend support). Strong recent price trend is tempered by extremely overbought momentum signals, raising near-term reversal risk.

Positive Factors

Strong cash generation

Consistent positive operating and free cash flow with near 1:1 conversion to net income indicates the business can generate internal funding for exploration and development. Durable cash conversion helps finance activity without constant equity raises, supporting multi‑period project work and partner funding.

Equity cushion and positive ROE

A meaningful equity base and recent positive ROE provide a financial buffer versus asset write‑downs or project delays. This cushion improves solvency and makes the company more resilient to cyclical exploration setbacks, helping sustain operations and preserve funding optionality over months.

Asset-light JV and rights-sale model

Relying on joint ventures and selling mineral rights reduces heavy upfront capex and shifts development risk to partners. This scalable, asset‑light model preserves capital, allows focused discovery efforts, and provides repeatable exit options that support steady project monetization over multiple cycles.

Negative Factors

Volatile revenue and operating performance

Sharp revenue swings and inconsistent operating profitability indicate earnings are project‑timing and transaction dependent. Negative TTM EBIT despite net income highlights earnings quality issues, making cash flow and margin forecasting unreliable and increasing execution risk across development cycles.

Meaningful step-up in leverage

A rapid increase in debt-to-equity reduces financial flexibility and raises debt servicing risk if exploration timelines slip or commodity markets soften. Higher leverage constrains capital allocation, increases interest burden, and can force dilutive financing or asset sales to meet obligations during downturns.

Declining and inconsistent free cash flow

A near 50% TTM drop in free cash flow and prior negative periods point to cyclicality and weaker sustainability of internally generated funds. This raises reliance on external financing for exploration, increasing execution risk and cost of capital over the medium term if cash recovery is delayed.

Planet Mining Exploration Business Overview & Revenue Model

Company Description

Planet Mining Exploration (PXI) is a leading exploration and development company specializing in the identification and evaluation of mineral resources, particularly in the precious metals and rare earth elements sectors. With a focus on sustainable and responsible mining practices, PXI employs advanced geological surveying techniques and cutting-edge technologies to locate and assess mineral deposits. The company operates primarily in regions rich in minerals, leveraging its expertise to navigate the complexities of the mining industry and ensure compliance with environmental regulations.

How the Company Makes Money

Planet Mining Exploration generates revenue primarily through the exploration and development of mineral resources. The company earns money by securing mineral rights, conducting exploratory drilling, and identifying economically viable deposits to either develop into operating mines or sell to larger mining companies. Key revenue streams include joint venture agreements with strategic partners, where PXI shares exploration costs and potential profits, and the sale of mineral rights or completed exploration projects to industry players. Additionally, PXI may benefit from government grants or incentives aimed at promoting mineral exploration in specific regions, further enhancing its earnings potential.

Planet Mining Exploration Financial Statement Overview

Summary

Financials are mixed: cash generation is a relative strength (solid positive operating cash flow and free cash flow with good cash conversion), but results remain volatile with sharp revenue swings, inconsistent operating performance (TTM negative EBIT despite positive net income), and a notable step-up in leverage (TTM debt-to-equity ~0.54 vs ~0.01–0.03 prior year).

Income Statement

Results are volatile, with revenue swinging sharply (TTM (Trailing-Twelve-Months) down ~56.8% after modest growth in FY2025). Profitability looks strong on the surface in recent periods (TTM net income positive; FY2025 net income very strong), but operating performance is inconsistent—TTM shows a negative EBIT despite positive net income and EBITDA, suggesting earnings quality/mix is uneven. Earlier years include losses and negative revenue, reinforcing that the business profile is not yet stable.

Balance Sheet

The balance sheet moved from very low leverage in FY2024–FY2025 (debt-to-equity ~0.01–0.03) to meaningfully higher leverage in TTM (debt-to-equity ~0.54), indicating a sizable step-up in debt. Equity remains sizable versus assets, which provides some cushion, and return on equity is positive in the most recent periods, but the sharp leverage increase raises financial risk and reduces flexibility versus the prior year.

Cash Flow

Cash generation is a relative strength: TTM operating cash flow and free cash flow are both solidly positive, and free cash flow closely tracks net income (near 1:1), implying good cash conversion in the latest period. However, free cash flow fell sharply in TTM (down ~47.2%), and historical cash flow includes negative periods (FY2023), so consistency remains a key watch item.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	517.69K	1.37M	-1.71M	-46.90K	-276.08K	1.41M
Gross Profit	360.89K	1.23M	-1.74M	-53.93K	-293.07K	1.39M
EBITDA	1.04M	5.32M	986.83K	-1.71M	-1.72M	-5.12M
Net Income	882.53K	5.22M	884.03K	-1.82M	-1.80M	-5.21M
Balance Sheet
Total Assets	19.00M	14.84M	10.99M	6.47M	7.17M	8.03M
Cash, Cash Equivalents and Short-Term Investments	18.59M	14.23M	10.67M	6.06M	6.24M	7.10M
Total Debt	6.53M	172.24K	247.29K	313.41K	371.44K	77.63K
Total Liabilities	6.99M	1.11M	2.28M	654.99K	625.17K	551.77K
Stockholders Equity	12.01M	13.73M	8.70M	5.82M	6.54M	7.48M
Cash Flow
Free Cash Flow	1.84M	3.08M	2.39M	-1.13M	6.35K	-114.98K
Operating Cash Flow	1.84M	3.08M	2.39M	-1.13M	6.35K	-114.98K
Investing Cash Flow	-8.11M	-3.04M	-4.12M	-91.81K	-88.16K	174.01K
Financing Cash Flow	6.17M	-289.84K	2.02M	1.09M	851.06K	1.57M

Planet Mining Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PXI, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.08, and below the 200-day MA of 0.07, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 71.91 is Negative, neither overbought nor oversold. The STOCH value of 65.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PXI.

Planet Mining Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ZC	67 Neutral	C$8.62M	0.55	75.06%	―	486.23%	478.94%
PXI	55 Neutral	C$51.03M	59.52	7.59%	―	-54.44%	-78.24%
IDK	51 Neutral	C$8.01M	-0.30	-55.73%	―	53.55%	-289.42%
LBI	51 Neutral	C$15.71M	-4.57	-113.97%	―	-19.49%	-25.00%
GPK	47 Neutral	C$12.68M	-66.67	-5.53%	―	-35.59%	88.78%
BLGV	42 Neutral	C$3.44M	-0.59	-226.11%	―	19.82%	-51.61%

Planet Mining Exploration Corporate Events

Planet Ventures Launches Up to $5 Million LIFE Private Placement

Planet Ventures Inc., a Canadian investment issuer focused on disruptive, high-growth sectors, is seeking to raise up to $5 million through a non-brokered private placement of up to 100 million common shares priced at $0.05 each. The financing, conducted under Canada’s listed issuer financing exemption and available to investors in most provinces, is intended to fund future investments and general working capital, potentially strengthening the company’s balance sheet and capacity to pursue new opportunities, though completion remains subject to regulatory approvals and may occur in multiple tranches.

The most recent analyst rating on (TSE:PXI) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Planet Mining Exploration stock, see the TSE:PXI Stock Forecast page.