Provenance Gold Corp. (PAU) AI Stock Analysis

Provenance Gold Corp.

(CNQX:PAU)

Select Model

Rating:51Neutral

Price Target:CAD 0.13▲(0.77% Upside)

Action:reiterated

Date:09/17/26

The overall score of 51 reflects a balance between a strong, low leverage balance sheet and very weak profitability and cash flow, with the company still pre revenue and burning cash to fund exploration. Neutral technical indicators and a price trading below longer term moving averages point to a lack of clear positive momentum and reinforce a cautious stance. Valuation based on negative earnings and no dividend is speculative and does not provide a compelling risk adjusted entry point, especially given the high volatility typical for early stage exploration stocks.

Positive Factors

Low LeverageMinimal debt and extremely low leverage reduce solvency and interest-burden risk while the company remains pre-revenue. This gives Provenance Gold greater financial flexibility to continue exploration and withstand operating losses than a similarly sized issuer funded heavily with debt.

Negative Factors

No Revenue and Persistent LossesNo revenue and persistent operating losses show that Provenance Gold has not yet reached a self-funding business stage. The widening TTM loss weakens earnings visibility and leaves future value dependent on exploration progress rather than established commercial cash generation.

Provenance Gold Corp. (PAU) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 24.50M
Dividend Yield: ―
Average Volume (3M): 236.55K
Price to Earnings (P/E): -8.2
Beta (1Y): 2.22
Revenue Growth: ―
EPS Growth: -18.55%
Country: Canada
Employees: 0
Sector: Basic Materials
Sector Strength: 61
Industry: Other Precious Metals

Provenance Gold Corp. Business Overview & Revenue Model

Company Description

Provenance Gold Corp. is an emerging exploration firm dedicated to identifying, acquiring, and developing mineral resources throughout North America, with a primary focus on gold and silver deposits. The company's significant holdings include several...

Provenance Gold Corp. Financial Statement Overview

Summary

Financial performance is weak overall, with zero revenue and widening net losses over multiple years, but supported by a strong equity base and very low debt. Persistent negative operating and free cash flow indicate ongoing cash burn and reliance on external funding, yet the sizeable equity cushion and minimal leverage reduce near term solvency risk.

Income Statement

18Very Negative

Balance Sheet

74Positive

Cash Flow

27Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-4,126	0	0	0	0	-37.86K
EBITDA	-1.81M	-2.35M	-846.32K	-512.29K	-361.39K	-338.84K
Net Income	-2.76M	-2.35M	-1.47M	-1.18M	-1.05M	-882.00K
Balance Sheet
Total Assets	13.34M	13.07M	6.86M	3.00M	2.71M	2.98M
Cash, Cash Equivalents and Short-Term Investments	2.99M	3.97M	2.57M	263.21K	385.86K	551.08K
Total Debt	47.50K	47.50K	47.50K	47.50K	47.50K	47.50K
Total Liabilities	238.33K	393.65K	719.70K	121.23K	96.02K	124.17K
Stockholders Equity	13.10M	12.68M	6.14M	2.88M	2.61M	2.86M
Cash Flow
Free Cash Flow	-3.22M	-1.55M	-2.02M	-1.34M	-939.40K	-2.45M
Operating Cash Flow	-1.89M	-1.55M	-705.49K	-510.93K	-517.31K	-807.07K
Investing Cash Flow	-4.80M	-5.00M	-1.31M	-832.39K	-447.92K	-1.66M
Financing Cash Flow	8.30M	7.95M	4.32M	1.22M	800.00K	2.98M

Provenance Gold Corp. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.13

Price Trends

50DMA0.16Negative

100DMA0.16Negative

200DMA0.21Negative

Market Momentum

MACD-0.01Positive

RSI37.47Neutral

STOCH32.22Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PAU, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.47 is Neutral, neither overbought nor oversold. The STOCH value of 32.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PAU.

Provenance Gold Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:PAU against its peers
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:PAU	51Neutral	CAD 24.50M	-8.17	-23.40%	―	―	-18.55%
TSE:RK	46Neutral	CAD 39.53M	-51.92	-1.57%	―	―	-140.00%
TSE:BBB	42Neutral	CAD 47.11M	-2.37	-84.70%	―	―	-15.98%
TSE:MRZ	42Neutral	CAD 26.58M	-8.06	-2918.94%	―	―	70.90%
TSE:WEX	42Neutral	CAD 34.34M	-5.69	-36.86%	―	―	47.55%
TSE:TSLV	37Underperform	CAD 14.23M	-2.53	-192.11%	―	―	-37.34%

* Basic Materials Sector Average

Performance Comparison

TSE:PAU and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:PAU	Provenance Gold Corp.	0.13	-0.15	-53.57%
TSE:BBB	Brixton Metals	0.54	-0.16	-22.86%
TSE:WEX	Western Exploration Inc	0.55	-0.20	-26.67%
TSE:MRZ	Mirasol Resources	0.30	-0.14	-31.82%
TSE:RK	Rockhaven Resources	0.14	0.04	35.00%
TSE:TSLV	Tier One Silver, Inc.	0.06	-0.06	-52.17%

Provenance Gold Corp. Corporate Events

Business Operations and Strategy

Provenance Gold Launches 2026 Drilling to Advance Eldorado West Gold Discovery

Positive

Aug 20, 2026

Provenance Gold has started its 2026 core drilling program at the Eldorado West Project in Oregon, following an extensive 2025 campaign that confirmed broad, shallow-dipping gold mineralization and high-grade intercepts across the Tyee and Herman are...

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: Sep 17, 2026

Provenance Gold Corp. AI Stock Analysis