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Prosperity Exploration Corp (TSE:URM)
:URM
Canadian Market

Prosperity Exploration Corp (URM) AI Stock Analysis

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Prosperity Exploration Corp

(URM)

33Underperform
Prosperity Exploration Corp is in its early, capital-intensive phase, facing significant financial challenges with no operational income and reliance on external funding. Technical analysis shows neutral to negative momentum, and valuation remains challenging due to lack of earnings and dividends. The overall score reflects the high risks associated with the company's current stage and financial health.

Prosperity Exploration Corp (URM) vs. S&P 500 (SPY)

Prosperity Exploration Corp Business Overview & Revenue Model

Company DescriptionProsperity Exploration Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. It holds an option to acquire a 100% interest in the Silver Lake property comprising eight contiguous mineral claims that covers an area of 1,647.24 hectares located to the southeast of the town of Houston, in the Omineca Mining Division. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.
How the Company Makes Money

Prosperity Exploration Corp Financial Statement Overview

Summary
Prosperity Exploration Corp is experiencing significant financial challenges typical of pre-revenue mining companies. The lack of revenue and consistent losses are concerning for profitability. The balance sheet shows moderate equity but rising liabilities and debt, posing potential risks. Cash flow analysis indicates reliance on financing rather than operations, which can be a risk if external funding becomes limited. Overall, the company has a long path to financial health, with current metrics highlighting the early, capital-intensive phase of its operations.
Income Statement
10
Very Negative
The company has reported zero revenue across all periods, indicating no operational income generation. The persistent negative net income and EBIT reflect ongoing losses, which is typical for early-stage mining companies that have not yet started production. There is no revenue growth or profitability, suggesting ongoing financial challenges.
Balance Sheet
35
Negative
The balance sheet shows a moderate equity ratio, with stockholders' equity covering about 31% of total assets, indicating some stability. However, the presence of liabilities and the shift from no debt to some debt in recent periods could pose risk. The declining equity and total assets over time highlight potential sustainability issues.
Cash Flow
20
Very Negative
The company shows consistently negative free cash flow, reflecting cash outflows exceeding inflows, which can be expected in a mining company prior to production. Minimal operating cash flow relative to net income suggests weak operational cash generation. Financing activities have been a primary source of cash inflow, indicating reliance on external funds.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.000.000.000.000.00
EBIT
-571.41K-1.46M-174.03K-234.72K-40.21K
EBITDA
-740.60K-1.46M-174.03K-234.72K0.00
Net Income Common Stockholders
-829.04K-1.66M-162.83K-234.72K-40.21K
Balance SheetCash, Cash Equivalents and Short-Term Investments
98.59K4.23K58.61K12.16K130.83K
Total Assets
227.71K1.53M1.45M183.21K221.86K
Total Debt
0.000.000.000.000.00
Net Debt
-98.59K-4.23K-58.61K-12.16K-130.83K
Total Liabilities
3.56K333.43K133.15K162.65K4.07K
Stockholders Equity
224.14K743.83K845.47K20.57K217.79K
Cash FlowFree Cash Flow
-129.17K-1.10M-170.34K-116.17K-94.17K
Operating Cash Flow
-8.08K-1.10M-162.19K-95.96K-7.11K
Investing Cash Flow
-117.36K-202.29K-23.93K-20.21K-87.06K
Financing Cash Flow
121.74K1.25M232.56K-2.50K225.00K

Prosperity Exploration Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.10
Price Trends
50DMA
0.08
Positive
100DMA
0.07
Positive
200DMA
0.08
Positive
Market Momentum
MACD
<0.01
Positive
RSI
55.16
Neutral
STOCH
25.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:URM, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.08, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.16 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:URM.

Prosperity Exploration Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (48)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSAPI
55
Neutral
C$13.77M-3.76%53.29%
48
Neutral
$1.92B-1.99-22.85%3.95%0.94%-27.31%
TSDML
47
Neutral
C$1.59B33.39-4.64%
TSNXE
42
Neutral
$3.60B27.25-7.77%-197.27%
TSURM
33
Underperform
-98.13%41.61%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:URM
Prosperity Exploration Corp
0.10
-0.08
-44.44%
TSE:NXE
NexGen Energy
6.49
-4.03
-38.31%
TSE:DML
Denison Mines
1.84
-0.93
-33.57%
TSE:API
Appia Energy
0.10
-0.02
-16.67%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.