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Pan Global Resources (PGZ) AI Stock Analysis
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Pan Global Resources
(TSXV:PGZ)
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and sustained cash burn implying financing/dilution risk). Technicals are a relative positive with the price trading above key moving averages and positive momentum indicators, but valuation remains constrained by negative earnings and the absence of dividend support.
Pan Global Resources (PGZ) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 63.50M
- Dividend Yield
- ―
- Average Volume (3M)
- 149.57K
- Price to Earnings (P/E)
- -6.2
- Beta (1Y)
- 1.79
- Revenue Growth
- ―
- EPS Growth
- -11.95%
- Country
- Canada
- Employees
- 19
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Pan Global Resources Business Overview & Revenue Model
Company Description
Pan Global Resources Inc. is a junior mining enterprise focused on the acquisition and exploration of mineral assets within Spain. The company primarily targets deposits rich in lead, zinc, silver, gold, and copper. It holds an option to secure compl...
How the Company Makes Money
Pan Global Resources primarily seeks to create shareholder value by advancing mineral exploration assets rather than generating steady operating revenue from producing mines. Its potential monetization pathways include: (1) asset sales or divestiture...
Pan Global Resources Financial Statement Overview
Summary
Financial fundamentals are weak: the company reports no revenue, persistent net losses (TTM net income -8.85M), and consistently negative operating/free cash flow (TTM OCF/FCF -8.70M), implying ongoing reliance on external financing. The main offset is a largely debt-free balance sheet, which reduces solvency risk, but equity has been volatile and returns on equity remain deeply negative.
Income Statement
12Very NegativeBalance Sheet
46NeutralCash Flow
18Very Negative| Breakdown | TTM | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | -7,000 | -9,882 |
| EBITDA | -2.09M | -8.49M | -500.00K | -828.00K | -10.15M | -9.05M |
| Net Income | -8.28M | -8.37M | -6.01M | -10.78M | -10.15M | -9.06M |
Balance Sheet | ||||||
| Total Assets | 8.28M | 9.79M | 9.09M | 7.90M | 12.25M | 18.92M |
| Cash, Cash Equivalents and Short-Term Investments | 4.93M | 6.45M | 5.84M | 4.74M | 8.86M | 15.50M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 7,000 |
| Total Liabilities | 698.00K | 598.00K | 284.00K | 529.00K | 1.24M | 780.20K |
| Stockholders Equity | 7.58M | 9.19M | 8.80M | 7.37M | 11.01M | 18.14M |
Cash Flow | ||||||
| Free Cash Flow | -7.89M | -7.65M | -5.79M | -10.02M | -9.26M | -7.81M |
| Operating Cash Flow | -7.89M | -7.65M | -5.79M | -9.93M | -9.34M | -6.95M |
| Investing Cash Flow | 31.00K | -36.00K | 17.00K | 2.05M | -1.82M | -794.38K |
| Financing Cash Flow | 8.40M | 8.30M | 6.88M | 5.75M | 2.52M | 19.34M |
Pan Global Resources Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PGZ, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 31.99 is Neutral, neither overbought nor oversold. The STOCH value of 21.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PGZ.
Pan Global Resources Peers Comparison
Overall Rating
- TSE:PGZ47Neutral
TSE:SRL45Neutral
TSE:WHY40Underperform
TSE:BHS38Underperform
TSE:LFLR38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:PGZ | 47Neutral | CAD 63.50M | -6.17 | -98.58% | ― | ― | -11.95% |
| TSE:SRL | 45Neutral | CAD 74.22M | -41.79 | -7.59% | ― | ― | 67.00% |
| TSE:WHY | 40Underperform | CAD 32.57M | -5.38 | 91.69% | ― | ― | -22.59% |
| TSE:BHS | 38Underperform | CAD 18.80M | -2.62 | -590.93% | ― | ― | -13.57% |
| TSE:LFLR | 38Underperform | CAD 29.28M | -1.94 | -82.00% | ― | ― | -51.83% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:PGZ | Pan Global Resources | 0.15 | 0.01 | 6.90% | |
| TSE:BHS | Bayhorse Silver | 0.04 | -0.02 | -30.77% | |
| TSE:SRL | Salazar Resources | 0.28 | 0.13 | 83.01% | |
| TSE:WHY | West High Yield Resources | 0.26 | -0.20 | -43.48% | |
| TSE:DLP | Dlp Resources Limited | 0.26 | -0.07 | -21.54% | |
| TSE:LFLR | Lafleur Minerals Inc. | 0.25 | -0.40 | -61.54% |
Pan Global Resources Corporate Events
Pan Global Extends High-Grade Near-Surface Gold Discovery at Spanish Cármenes Project
PositivePan Global reported new Phase 3 drill results that significantly expand a near-surface, high-grade gold discovery at the Providencia target in Spain. Key intercepts include 7.29 grams per tonne gold over 9 meters from just 1 meter downhole, with nota...
Pan Global Wins Spanish Grant to Speed Up Escacena Copper Exploration
PositivePan Global Resources has secured a €250,000 non-repayable grant from Spain’s General Directorate for Energy Policy and Mining to accelerate exploration at its 100%-owned Escacena copper project in the Iberian Pyrite Belt. The non-dilutive...
Pan Global Extends High-Grade Gold Zone at Spain’s Cármenes Project
PositivePan Global Resources has reported its widest high-grade gold intercept to date at the Providencia target within its Cármenes Project in northern Spain, with drillhole PVD16 returning 83 meters grading 1.74 g/t gold from near surface and multiple...
Pan Global hits high-grade gold at surface in Spain’s Cármenes Project
PositivePan Global Resources reported new drilling results from the Phase 3 campaign at the Providencia target on its Cármenes Project in northern Spain, highlighting high-grade gold and polymetallic mineralization from surface. The headline intercept f...
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 24, 2026