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PetroCorp Group (FLM) AI Stock Analysis
PetroCorp Group
(CNQX:FLM)
Overall score is pressured primarily by weak financial performance (ongoing losses, cash burn, and materially eroding equity). Technicals add further downside bias with price trading below key moving averages and negative MACD, while valuation is constrained by a negative P/E and no indicated dividend yield.
PetroCorp Group (FLM) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 9.16M
- Dividend Yield
- ―
- Average Volume (3M)
- 54.45K
- Price to Earnings (P/E)
- -5.8
- Beta (1Y)
- -0.31
- Revenue Growth
- ―
- EPS Growth
- -11.49%
- Country
- Canada
- Employees
- 520
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
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 projects...
PetroCorp Group Financial Statement Overview
Summary
Financials are very weak: persistent operating losses (TTM EBIT -1.30M, net loss -1.57M) with revenue reported as 0 across periods, sustained negative operating/free cash flow (TTM OCF and FCF both -1.20M), and a sharply shrinking equity base (5.03M in 2022 to 0.37M TTM). The main offset is low reported leverage (TTM shows zero debt), but thin equity and ongoing cash burn keep overall risk high.
Income Statement
12Very NegativeBalance Sheet
28NegativeCash Flow
15Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | -260.48K | -90.98K |
| EBITDA | -988.89K | -1.08M | -973.31K | 708.74K | -3.82M | 495.89K |
| 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 | 342.26K | 235.47K | 0 | 0 | 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 | 8,771 |
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 | -6,034 |
| Financing Cash Flow | 281.92K | 177.82K | 150.73K | 68.08K | 5.62M | 60.00K |
PetroCorp Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FLM, the sentiment is Negative. The current price of 0.10 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 0.00 indicates Positive momentum. The RSI at 45.50 is Neutral, neither overbought nor oversold. The STOCH value of 71.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FLM.
PetroCorp Group Peers Comparison
Overall Rating
TSE:HAR46Neutral
TSE:PRR46Neutral
TSE:FRI42Neutral
TSE:TEX42Neutral- TSE:FLM41Neutral
TSE:SUR33Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:HAR | 46Neutral | CAD 5.02M | -2.38 | -15.68% | ― | 1077.69% | 37.31% |
| TSE:PRR | 46Neutral | CAD 6.28M | -1.59 | -45.90% | ― | ― | 11.83% |
| TSE:FRI | 42Neutral | CAD 20.89M | -5.73 | -171.26% | ― | ― | 1.03% |
| TSE:TEX | 42Neutral | CAD 8.40M | -0.95 | -243.74% | ― | ― | 38.91% |
| TSE:FLM | 41Neutral | CAD 9.16M | -5.76 | -173.55% | ― | ― | -11.49% |
| TSE:SUR | 33Underperform | CAD 6.72M | -8.55 | -6.29% | ― | ― | -234.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:FLM | PetroCorp Group | 0.10 | 0.04 | 90.00% | |
| TSE:FRI | Freeport Resources | 0.06 | 0.03 | 83.33% | |
| TSE:HAR | Harfang Exploration, Inc. | 0.05 | -0.04 | -47.37% | |
| TSE:SUR | Surface Metals Inc. | 0.14 | -0.11 | -45.10% | |
| TSE:PRR | Prospect Ridge Resources Corp. | 0.06 | -0.03 | -38.89% | |
| TSE:TEX | Targa Exploration Corp. | 0.10 | -0.09 | -47.37% |
PetroCorp Group Corporate Events
First Lithium Adds New Director as Chile Drilling Campaign Nears
PositiveFirst Lithium Minerals Corp., a Canadian mineral exploration and development company, is focused on lithium and alkali metals at its 100%-owned Ascotan Project in Chile’s Antofagasta Region, where geophysical work has identified priority drill...
First Lithium Minerals Launches New LIFE Financing to Fund Chile and Ontario Exploration
PositiveFirst 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, wh...
First Lithium Expands Ascotan Concessions to Advance Chile Brine Project
PositiveFirst 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 in...
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 03, 2026