TSX-V

Pacific Ridge Exploration Ltd.

PEX.V•Basic Materials•Other Precious Metals & Mining
Current Price
$0.13
Today's Change
-7.14%
Market Cap
$13.62M
Volume
18.50K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Pacific Ridge Exploration Ltd. focuses on acquiring and exploring gold and copper resource properties in Canada and the U.S. A key strength is its strong liquidity, indicated by a current ratio of 9.80 and no debt, which provides financial flexibility. However, the company faces concerns with negative returns on equity and assets, reflecting operational challenges. The recent 7.14% drop in stock price may signal market apprehension, despite a relatively low market cap of $13.62M, suggesting potential undervaluation amidst these operational hurdles.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.32
52 Week Low$0.13
Avg Volume91.94K
Beta1.79
Shares Outstanding38.39M

🔥 Valuation

Market Cap$13.62M
Enterprise Value$8.87M
P/E Ratio-1.22
EV/EBITDA ⚠️-1.81x
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $792K per quarter with $2.2M in cash. Approximately 2.7 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-3.6M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $3.2M over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 9.8x ensures operational stability.

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