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PetroCorp Group
(FLM)
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Rating:43Neutral
Price Target:
C$0.08
▼(-8.89% Downside)
Action:Reiterated
Date:09/24/26
The score is primarily constrained by weak financial performance—ongoing losses, sustained cash burn, and sharply declining equity. Technical indicators are broadly neutral (no strong momentum signal), offering limited offset. Valuation remains unattractive/unclear due to negative earnings and no dividend yield data.
Positive Factors
Minimal leverage
Very low reported leverage provides some solvency support and avoids the immediate burden of substantial interest or refinancing obligations. This can preserve financial flexibility compared with a highly indebted structure, although it does not offset the company’s continuing losses and cash consumption.
Negative Factors
Persistent operating losses
Persistent operating and net losses show that PetroCorp Group has not established a sustainable earnings engine. Continued deficits can consume capital, restrict reinvestment, and increase dependence on external funding, making durable improvement difficult without a material business turnaround.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal leverage
Very low reported leverage provides some solvency support and avoids the immediate burden of substantial interest or refinancing obligations. This can preserve financial flexibility compared with a highly indebted structure, although it does not offset the company’s continuing losses and cash consumption.
Read all positive factors
PetroCorp Group (FLM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.64M
Dividend YieldN/A
Average Volume (3M)24.35K
Price to Earnings (P/E)―
Beta (1Y)-0.44
Revenue GrowthN/A
EPS Growth-11.49%
CountryCA
Employees520
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding96,380,290
10 Day Avg. Volume21,610
30 Day Avg. Volume24,354
Financial Highlights & Ratios
PEG Ratio-1.44
Price to Book (P/B)8.70
Price to Sales (P/S)0.00
P/FCF Ratio-7.38
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
PetroCorp Group Business Overview & Revenue Model
Company Description
First Lithium Minerals Corp. is an exploration and development firm dedicated to discovering mineral resources, particularly lithium and alkali metals, across its operational bases in Chile and Canada. The company wholly owns two significant proje...
PetroCorp Group Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | -260.48K | -90.98K |
| EBITDA | -1.05M | -1.08M | -973.31K | -1.70M | -3.82M | -43.13K |
| Net Income | -1.57M | -1.43M | -1.36M | -2.25M | -3.99M | -43.70K |
Balance Sheet | ||||||
| Total Assets | 1.06M | 1.53M | 2.78M | 4.06M | 5.24M | 232.82K |
| Cash, Cash Equivalents and Short-Term Investments | 396.77K | 930.63K | 1.92M | 2.85M | 3.82M | 35.40K |
| Total Debt | 0.00 | 342.26K | 235.47K | 0.00 | 0.00 | 2.84M |
| Total Liabilities | 685.86K | 541.46K | 406.54K | 346.19K | 202.68K | 224.05K |
| Stockholders Equity | 370.12K | 990.03K | 2.38M | 3.71M | 5.03M | 8.77K |
Cash Flow | ||||||
| Free Cash Flow | -1.20M | -1.17M | -1.08M | -1.03M | -1.87M | -60.41K |
| Operating Cash Flow | -1.20M | -1.08M | -996.22K | -881.76K | -1.82M | -23.02K |
| Investing Cash Flow | -64.21K | -82.33K | -87.62K | -150.92K | -12.29K | -6.03K |
| Financing Cash Flow | 281.92K | 177.82K | 150.73K | 68.08K | 5.62M | 60.00K |
PetroCorp Group Technical Analysis
Positive
0.09
Price Trends
0.10
Positive
0.11
Negative
0.11
Negative
Market Momentum
>-0.01
Positive
51.62
Neutral
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FLM, the sentiment is Positive. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.62 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FLM.
PetroCorp Group 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% | |
51 Neutral | C$5.02M | -2.38 | -15.68% | ― | 1077.69% | 37.31% | |
48 Neutral | C$20.89M | -6.25 | -184.31% | ― | ― | 1.03% | |
46 Neutral | C$7.42M | -1.73 | -45.90% | ― | ― | 11.83% | |
43 Neutral | C$9.64M | -6.06 | -173.55% | ― | ― | -11.49% | |
42 Neutral | C$10.40M | -1.47 | -243.74% | ― | ― | 38.91% | |
33 Underperform | C$5.04M | -8.55 | -6.29% | ― | ― | -234.00% |
* Basic Materials Sector Average
TSE:FLM
PetroCorp Group
0.10
0.04
66.67%
TSE:FRI
Freeport Resources
0.06
0.03
83.33%
TSE:HAR
Harfang Exploration
0.05
-0.05
-50.00%
TSE:SUR
Surface Metals
0.11
-0.15
-58.82%
TSE:PRR
Prospect Ridge Resources Corp.
0.06
-0.05
-42.86%
TSE:TEX
Targa Exploration Corp.
0.16
-0.03
-16.22%
PetroCorp Group Corporate Events
Business Operations and StrategyPrivate Placements and Financing
First Lithium Minerals Launches New LIFE Financing to Fund Chile and Ontario Exploration
Positive
Sep 16, 2026
First Lithium Minerals Corp. has launched a new non-brokered LIFE Offering after the expiry of a prior financing, aiming to raise up to approximately $4.26 million through NFT and FT units. The NFT units are priced at $0.11 with attached warrants,...
Business Operations and Strategy
First Lithium Expands Ascotan Concessions to Advance Chile Brine Project
Positive
Aug 26, 2026
First Lithium Minerals Corp. has expanded its Ascotan lithium brine project in northern Chile by staking 900 hectares of new mining concessions, increasing the land package to about 6,400 hectares. The new claims, adjoining priority drill targets ...
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.