CSE

Precore Gold Corp.

PRCG.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.54
Today's Change
-1.82%
Market Cap
$17.64M
Volume
5.16K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Precore Gold Corp. is a junior gold exploration company focused on acquiring and exploring mineral properties in Canada and Peru. A key strength is its strong liquidity, evidenced by a current ratio of 8.71 and no debt, which provides financial flexibility. However, the company faces concerns with negative returns on equity and assets, indicating operational challenges. The stock price decline of 1.82% today may reflect market apprehension about its profitability and growth potential in a competitive sector.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.74
52 Week Low$0.17
Avg Volume156.77K
Beta2.73
Shares Outstanding32.08M

🔥 Valuation

Market Cap$17.64M
Enterprise Value$19.88M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $202K in cash but burned $104K last quarter. At this burn rate, only 1.9 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-287K 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 $417K 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 8.7x ensures operational stability.

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