TSX-V

Pelangio Exploration Inc.

PX.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.14
Today's Change
+3.57%
Market Cap
$35.31M
Volume
38.85K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Pelangio Exploration Inc. is a mineral exploration company focused on acquiring and developing gold properties in Canada and Ghana. While it has a solid liquidity position with a current ratio of 1.15 and no debt, its financial health is concerning, reflected by a negative ROE of -446.1% and ROA of -58.2%. The stock price has seen a modest increase of 3.57%, but the overall negative returns raise questions about its profitability and operational efficiency. Investors should weigh these factors carefully before considering an investment.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.31
52 Week Low$0.11
Avg Volume88.63K
Beta2.22
Shares Outstanding252.24M

🔥 Valuation

Market Cap$35.31M
Enterprise Value$30.63M
P/E Ratio-13.32
EV/EBITDA ⚠️-40.69x
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $298K per quarter with $733K in cash. Approximately 2.5 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-1.0M 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 $1.2M 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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