Red Pine Exploration (RPX) AI Stock Analysis

• Market Cap: C$33.61M
• Dividend Yield: N/A
• Average Volume (3M): 230.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.92
• Revenue Growth: N/A
• EPS Growth: -56.27%
• Country: CA
• Employees: 16
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -0.05
• Shares Outstanding: 292,302,340
• 10 Day Avg. Volume: 90,051
• 30 Day Avg. Volume: 230,252
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: C$0.20
• Price Target Upside: 66.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Red Pine Exploration's stock is weighed down by weak financial performance characterized by ongoing losses and zero revenue. However, recent positive corporate events, such as promising assay results and potential resource expansion at the Wawa Project, provide some optimism for future growth. Technical indicators remain neutral, and the company's unappealing valuation further impacts its score negatively.

Red Pine Exploration Business Overview & Revenue Model

Company Description

Red Pine Exploration Inc. (RPX) is a Canadian exploration company focused on the development and discovery of gold properties. The company operates primarily in the Wawa Gold Corridor in Ontario, Canada, where it is engaged in the exploration of its flagship Wawa Gold Project. Through systematic exploration strategies, Red Pine aims to expand its resource base and unlock the economic potential of its mineral properties.

How the Company Makes Money

Red Pine Exploration makes money primarily through the discovery and development of mineral resources, which are then sold or partnered with larger mining companies for extraction and production. The company may generate revenue through joint ventures, partnerships, or the outright sale of its mining claims and properties. Additionally, Red Pine may secure funding through equity financing, issuing shares to investors who are interested in the potential future profitability of its mineral exploration projects. The success of these ventures is typically dependent on the company's ability to discover economically viable mineral deposits and favorable market conditions for the sale of these resources.

Red Pine Exploration Financial Statement Overview

Summary

Red Pine Exploration's financial performance is currently weak, with significant losses and no revenue generation. The company's reliance on external financing to sustain operations is a potential risk factor. While debt levels are manageable, the lack of income and negative cash flows indicate substantial challenges in achieving profitability.

Income Statement

Red Pine Exploration has consistently reported zero revenue over the analyzed periods, indicating a lack of operational income. The persistent negative net income and EBIT reflect ongoing operational losses. The gross profit margin is also negative due to the absence of revenue, highlighting significant challenges in generating profit.

Balance Sheet

The company's balance sheet shows a relatively low level of debt, indicating manageable leverage. However, the negative net income has eroded equity, resulting in a low return on equity. The equity ratio suggests that a substantial portion of the company's assets is financed by equity, which is positive for financial stability.

Cash Flow

Red Pine Exploration's cash flow statements reveal negative operating and free cash flows, pointing to cash outflows exceeding inflows from operations. While there is positive financing cash flow, likely from external financing, the reliance on such inflows raises concerns about sustainability without revenue generation.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-199.03K	-327.31K	-361.98K	-110.93K	-167.23K
	EBIT
-14.07M	-10.77M	-11.90M	-16.43M	-3.92M
	EBITDA
-14.07M	-10.44M	-10.72M	-15.99M	-3.71M
	Net Income Common Stockholders
-6.50M	-10.77M	-11.10M	-16.47M	-3.95M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.44M	3.39M	2.83M	2.17M	650.42K
	Total Assets
2.13M	4.17M	4.41M	4.28M	1.51M
	Total Debt
153.69K	0.00	110.31K	210.07K	317.81K
	Net Debt
-1.28M	-3.38M	-2.71M	-1.96M	-330.11K
	Total Liabilities
1.44M	1.07M	1.67M	1.78M	753.91K
	Stockholders Equity
692.33K	3.10M	2.74M	2.50M	754.06K
Cash Flow		Free Cash Flow
―	-11.05M	-11.35M	-16.80M	-3.40M
	Operating Cash Flow
―	-10.99M	-10.87M	-16.77M	-3.40M
	Investing Cash Flow
6.30M	-53.45K	-445.20K	-348.13K	0.00
	Financing Cash Flow
4.62M	11.61M	11.98M	18.64M	3.35M

Red Pine Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 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:RPX, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.58 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RPX.

Red Pine Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.95B	19.06	26.82%	―	77.93%	236.93%
SKE	52 Neutral	C$1.80B	―	-141.24%	―	―	-19.29%
Sector *	49 Neutral	$1.95B	-1.27	-21.38%	3.72%	0.83%	-29.30%
RPX	39 Underperform	C$33.61M	―	-151.65%	―	―	-56.27%
FPC	33 Underperform	C$56.27M	―	-7.12%	―	―	-9.60%

Red Pine Exploration Corporate Events

Red Pine Exploration Unveils Promising Gold Assay Results at Wawa Project

Red Pine Exploration has announced promising assay results from its Wawa Gold Project, with a notable intersection of 5.68 g/t Au over 10.72 meters in the Jubilee Shear. This discovery suggests a potential extension of high-grade gold mineralization, which could significantly impact the company’s resource estimates and strategic positioning in the gold mining industry. The findings also indicate the presence of a new high-grade shoot that may extend over 940 meters, highlighting the project’s potential for further development and value creation for stakeholders.

Red Pine Expands Gold Resources with New Discovery at Wawa Project

Red Pine Exploration has announced significant results from its deep drilling program at the Wawa Gold Project, revealing a new zone of higher-grade gold mineralization in the Jubilee Shear. The discovery of a parallel shoot at depth and confirmation of gold mineralization beyond the 2024 mineral resource estimate are key outcomes, indicating potential for increased gold resources and further exploration opportunities, potentially enhancing the company’s market position.