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Prodigy Gold NL
(Sydney:PRX)
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Rating:42Neutral
Price Target:
AU$0.05
â–¼(-10.00% Downside)
Action:Reiterated
Date:10/09/26
The score is driven primarily by weak financial performance (limited/zero revenue, ongoing losses, and persistent cash burn) and bearish technicals (price below all key moving averages with negative momentum). A low-debt balance sheet provides some stability, but it is not enough to offset the operational and trend-related risks.
Positive Factors
Low financial leverage
Zero debt in most years and positive equity reduce refinancing pressure and provide a stronger base than the loss profile alone suggests. This financial flexibility can help PRX continue exploration while it evaluates projects and seeks funding or partners.
Negative Factors
No operating revenue and persistent losses
PRX lacks a recurring operating revenue base to absorb exploration costs: 2026 revenue was zero and losses remained deep. This weak earnings profile limits internally funded growth and makes future progress dependent on discovering or monetising assets successfully rather than established operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Zero debt in most years and positive equity reduce refinancing pressure and provide a stronger base than the loss profile alone suggests. This financial flexibility can help PRX continue exploration while it evaluates projects and seeks funding or partners.
Read all positive factors
Prodigy Gold NL (PRX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$19.89M
Dividend YieldN/A
Average Volume (3M)174.95K
Price to Earnings (P/E)―
Beta (1Y)0.66
Revenue GrowthN/A
EPS Growth40.99%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding337,093,380
10 Day Avg. Volume96,401
30 Day Avg. Volume174,953
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)3.18
Price to Sales (P/S)0.00
P/FCF Ratio-4.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Prodigy Gold NL Business Overview & Revenue Model
Company Description
Prodigy Gold NL, founded in 1985 and based in Darwin, Australia, is engaged in the exploration and development of mineral resources. The company concentrates its operations within Australia's Northern Territory, specifically in the Tanami gold dis...
How the Company Makes Money
Prodigy Gold NL does not typically generate recurring operating revenue in the way a producer or service company does. Its economic model is generally tied to value creation from mineral exploration and the monetisation of exploration assets. Pote...
Prodigy Gold NL Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 1.20K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -6.17K | 1.20K | -13.83K | -13.54K | -10.57K |
| EBITDA | -4.85M | -3.74M | -10.35M | -5.20M | -7.81M |
| Net Income | -4.42M | -3.54M | -10.13M | -5.22M | -7.62M |
Balance Sheet | |||||
| Total Assets | 8.61M | 8.82M | 7.86M | 17.00M | 13.70M |
| Cash, Cash Equivalents and Short-Term Investments | 3.06M | 1.20M | 2.34M | 6.05M | 2.40M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 2.50M |
| Total Liabilities | 2.15M | 2.66M | 2.40M | 2.44M | 4.91M |
| Stockholders Equity | 6.46M | 6.16M | 5.45M | 14.56M | 8.79M |
Cash Flow | |||||
| Free Cash Flow | -5.10M | -3.20M | -4.70M | -4.74M | -6.46M |
| Operating Cash Flow | -4.90M | -3.20M | -4.51M | -4.38M | -6.42M |
| Investing Cash Flow | -198.91K | 100.00K | -189.83K | -363.55K | 163.80K |
| Financing Cash Flow | 6.96M | 1.95M | 987.11K | 8.40M | 2.39M |
Prodigy Gold NL Technical Analysis
Negative
0.05
Price Trends
0.06
Negative
0.07
Negative
0.07
Negative
Market Momentum
>-0.01
Positive
22.99
Positive
65.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PRX, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 22.99 is Positive, neither overbought nor oversold. The STOCH value of 65.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PRX.
Prodigy Gold NL Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$145.96M | -20.00 | -95.49% | ― | -100.00% | -9.80% | |
46 Neutral | AU$18.85M | -11.82 | -50.22% | ― | ― | 53.85% | |
45 Neutral | AU$20.87M | -16.67 | -11.59% | ― | ― | -47.00% | |
43 Neutral | AU$10.76M | -44.00 | -15.22% | ― | ― | -18.75% | |
42 Neutral | AU$19.89M | -3.64 | -58.95% | ― | ― | 40.99% | |
41 Neutral | AU$16.75M | -1.63 | -48.04% | ― | ― | 60.56% |
* Basic Materials Sector Average
AU:PRX
Prodigy Gold NL
0.05
>-0.01
-11.32%
AU:TRM
Truscott Mining Corporation Ltd
0.04
-0.03
-37.14%
AU:ION
Southern Gold Limited
0.12
0.08
172.73%
AU:GMN
Gold Mountain Limited
0.06
-0.02
-25.97%
AU:MVL
Marvel Gold Ltd.
0.01
>-0.01
-23.53%
AU:CVR
Cavalier Resources Limited
0.25
-0.11
-31.94%
Prodigy Gold NL Corporate Events
Prodigy Gold NL Plans Large Non-Renounceable Pro Rata Share Issue
Oct 7, 2026
Prodigy Gold NL has announced a proposed non-renounceable pro rata issue of ordinary fully paid shares to its existing shareholders. The offer will see up to 168,546,687 new PRX securities issued, with key dates including an ex date of 12 October ...
Prodigy Gold Launches Underwritten Entitlement Offer to Raise $7.9m
Oct 7, 2026
Prodigy Gold NL has launched a non-renounceable entitlement offer to existing eligible shareholders, offering one new share for every two held at an issue price of $0.047 to raise up to about $7.92 million. The offer is fully underwritten by APAC ...
Prodigy Gold launches $7.92m underwritten entitlement offer to fund Tanami exploration
Oct 7, 2026
Prodigy Gold NL has launched a fully underwritten, non-renounceable entitlement offer to raise up to $7.92 million, offering one new share for every two held at an issue price of $0.047. The offer is open to eligible shareholders in Australia and ...
Prodigy Gold Seeks Trading Halt Ahead of Capital Raising Announcement
Oct 6, 2026
Prodigy Gold NL has requested a voluntary trading halt on its securities on the ASX, effective immediately, as it prepares a market announcement regarding a capital raising. The halt will remain in place until either the capital raising announceme...
Prodigy Gold Begins Government-Backed Deep Drilling at Hyperion Deposit
Sep 30, 2026
Prodigy Gold NL has mobilised a diamond rig to the Hyperion Gold Deposit at its Tanami North Project, with drilling about to start on a single deep HQ diamond hole designed to test a high-priority induced polarisation chargeability anomaly located...
Prodigy Gold Sets 2026 AGM as Tanami Projects Advance
Sep 25, 2026
Prodigy Gold NL, an Australian gold explorer and developer, operates across the Tanami Gold Province with a portfolio of greenfield and brownfield projects anchored by its Tanami North and Twin Bonanza assets. The company’s strategy focuses ...
Prodigy Gold-CSIRO Study Sharpens Hyperion Deposit Targeting
Sep 21, 2026
Prodigy Gold has completed a collaborative research program with CSIRO that delivers the first integrated structural, mineralogical and geochemical investigation of the Hyperion Gold Deposit. The study significantly advances the geological model f...
Prodigy Gold Confirms High-Grade Tanami Results with PhotonAssay Correlation
Sep 7, 2026
Prodigy Gold has reported results from a Chrysos PhotonAssay program on 27 high-grade reverse circulation samples from its 2025 drilling at the Hyperion and Tregony deposits in the Tanami North Project. The Fire Assay and PhotonAssay methods showe...
Prodigy Gold Reaffirms Tanami Resource Base as It Moves From Explorer to Developer
Aug 23, 2026
Prodigy Gold NL has released an investor presentation outlining its transition from gold explorer to developer in the Tanami region, supported by a series of past ASX announcements on resource estimates, drilling results and project studies. The c...
Prodigy Gold Updates Board in 2026 Annual Report
Aug 20, 2026
Prodigy Gold NL is an Australian gold exploration and development company listed on the ASX under the ticker PRX and headquartered in Darwin, Northern Territory. It maintains a network of professional advisers and service providers, including BDO ...
Prodigy Gold lifts Tanami mineral resources on Hyperion upgrade
Aug 20, 2026
Prodigy Gold NL has reported its annual mineral resource statement as at 30 June 2026, confirming total resources of 23.8 million tonnes at 1.4 grams per tonne gold for 1.05 million ounces across its Tanami North and Twin Bonanza projects. The sta...
Prodigy Gold Details ESG Priorities Across Northern Territory Projects
Aug 20, 2026
Prodigy Gold NL has released its 2026 Environment Social Governance Report, outlining sustainability initiatives across its Northern Territory exploration and development projects. The annual report, covering operations from July 2025 to June 2026...
Prodigy Gold Updates Governance Framework in Line with ASX Principles
Aug 20, 2026
Prodigy Gold has reaffirmed its commitment to robust governance by updating its Corporate Governance Statement as at 20 August 2026, confirming full adoption and reporting against the ASX Corporate Governance Council’s Principles and Recomme...
Prodigy Gold Updates ASX Corporate Governance Disclosures
Aug 20, 2026
Prodigy Gold NL has lodged its updated corporate governance statement and accompanying Appendix 4G with the ASX, confirming compliance with key ASX Corporate Governance Council principles for the year ended 30 June 2026. The statement, current as ...
Prodigy Gold Advances Hyperion Study and Old Pirate Restart Plans in Tanami
Jul 26, 2026
Prodigy Gold NL reported a strong June quarter marked by completion of a scoping study for its Hyperion Gold Project at Tanami North, outlining an open-pit operation over four years with processing over five years and potential recovery of about 2...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.