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Prodigy Gold NL (PRX) AI Stock Analysis

6 Followers
AU:PRX

Prodigy Gold NL

(ASX:PRX)

Select Model
Rating:41Neutral
Price Target:AUD 0.05â–¼(-4.26% Downside)
Action:reiterated
Date:10/13/26

The score is driven primarily by weak financial performance (minimal/zero revenue, ongoing losses, and persistent cash burn), compounded by bearish technicals (price below key moving averages and negative MACD). A low-debt balance sheet provides some stability, but valuation support is limited due to negative earnings and no dividend yield data.

Positive Factors
Low financial leverageA largely debt-free balance sheet reduces refinancing pressure and interest burden, giving Prodigy Gold greater flexibility while it advances exploration. Positive equity also provides a financial buffer, although continued losses could weaken that protection over time.
Negative Factors
No operating revenueWithout meaningful operating revenue, exploration spending is not currently supported by an established commercial cash-generating base. Persistent losses therefore leave results dependent on exploration success, asset monetisation, or continued access to external funding.

Prodigy Gold NL (PRX) vs. iShares MSCI Australia ETF (EWA)

-30%-20%-10%0%10%20%30%40%AU:PRX-27.69%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 15.95M
Dividend Yield
―
Average Volume (3M)
211.72K
Price to Earnings (P/E)
-3.6
Beta (1Y)
-0.03
Revenue Growth
―
EPS Growth
40.91%
Country
Australia
Employees
2
Sector
Basic Materials
Sector Strength
61
Industry
Gold

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 distri...

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. Potenti...

Prodigy Gold NL Financial Statement Overview

Summary

Overall financials are weak: revenue is minimal/zero (including the latest period) with continued deep net losses and consistently negative operating and free cash flow (ongoing cash burn). The primary offset is a relatively stronger balance sheet with positive equity and low/zero debt, which reduces near-term leverage risk, but repeated losses continue to erode capital.

Income Statement

12Very Negative

Balance Sheet

58Neutral

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue001,200000
Gross Profit-51.23K-6,1731,200-13.83K-13.54K-10.57K
EBITDA-4.71M-4.85M-3.74M-10.35M-5.20M-7.81M
Net Income-4.42M-4.42M-3.54M-10.13M-5.22M-7.62M
Balance Sheet
Total Assets8.61M8.61M8.82M7.86M17.00M13.70M
Cash, Cash Equivalents and Short-Term Investments3.06M3.06M1.20M2.34M6.05M2.40M
Total Debt000002.50M
Total Liabilities2.15M2.15M2.66M2.40M2.44M4.91M
Stockholders Equity6.46M6.46M6.16M5.45M14.56M8.79M
Cash Flow
Free Cash Flow-5.10M-5.10M-3.20M-4.70M-4.74M-6.46M
Operating Cash Flow-4.90M-4.90M-3.20M-4.51M-4.38M-6.42M
Investing Cash Flow-198.91K-198.91K100.00K-189.83K-363.55K163.80K
Financing Cash Flow6.96M6.96M1.95M987.11K8.40M2.39M

Prodigy Gold NL Technical Analysis

Technical Analysis SentimentNegative
Last Price0.05

Price Trends

50DMA0.05Negative
100DMA0.06Negative
200DMA0.06Negative

Market Momentum

MACD-0.00Negative
RSI35.84Neutral
STOCH116.67Negative

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 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 35.84 is Neutral, neither overbought nor oversold. The STOCH value of 116.67 is Negative, 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

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:PRX against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:MVLAU:MVL49NeutralAUD 17.40M-6.36-50.22%――53.85%
AU:IONAU:ION46NeutralAUD 103.80M-13.04-95.49%―-100.00%-9.80%
AU:CVRAU:CVR44NeutralAUD 20.06M-16.33-11.59%――-47.00%
AU:TRMAU:TRM44NeutralAUD 10.76M-42.00-15.22%――-18.75%
AU:PRXAU:PRX41NeutralAUD 23.77M-3.56-58.95%――40.91%
AU:GMNAU:GMN41NeutralAUD 12.79M-1.13-48.04%――60.56%

* Basic Materials Sector Average

Performance Comparison

0%100%200%AU:PRXAU:TRMAU:IONAU:GMNAU:MVLAU:CVRDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:PRX and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:PRXProdigy Gold NL0.05-0.02-27.69%
AU:TRMTruscott Mining Corporation Ltd0.04-0.04-47.50%
AU:IONSouthern Gold Limited0.070.0362.22%
AU:GMNGold Mountain Limited0.04-0.03-39.39%
AU:MVLMarvel Gold Ltd.0.01-0.00-25.00%
AU:CVRCavalier Resources Limited0.24-0.08-25.00%

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 202...

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 Res...

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 New...

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 announcement...

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 ro...

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 on mine d...

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 for...

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 showed n...

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 comp...

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 Aud...

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 statem...

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, i...

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 Recommendations....

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 at...

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 230,...

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.

Date of analysis: Oct 13, 2026