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Phenom Resources Corp
(PHNM)
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Rating:58Neutral
Price Target:
C$0.37
▼(-19.78% Downside)
Action:Reiterated
Date:08/25/26
The score is held back primarily by the pre-revenue profile with ongoing losses and negative operating/free cash flow, despite a strong debt-free balance sheet. Technicals are supportive with the stock trading above major moving averages and positive MACD, while recent corporate events add optimism around funding/JV progress. Valuation is constrained by negative earnings and no dividend support.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet reduces leverage pressure and interest obligations, giving Phenom greater flexibility to fund exploration, preserve assets, and respond to project opportunities. This capitalization also lowers financial distress risk while the company remains pre-revenue and dependent on external funding.
Negative Factors
No operating revenue
The absence of revenue means Phenom has not yet demonstrated a commercial operating model or recurring cash inflows. Continued EBIT, EBITDA, and net losses limit visibility into future margins and leave the company’s financial progress tied to exploration success and project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet reduces leverage pressure and interest obligations, giving Phenom greater flexibility to fund exploration, preserve assets, and respond to project opportunities. This capitalization also lowers financial distress risk while the company remains pre-revenue and dependent on external funding.
Read all positive factors
Phenom Resources Corp (PHNM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$48.58M
Dividend YieldN/A
Average Volume (3M)48.79K
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue GrowthN/A
EPS Growth19.44%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding136,835,000
10 Day Avg. Volume65,784
30 Day Avg. Volume48,789
Financial Highlights & Ratios
PEG Ratio1.38
Price to Book (P/B)1.03
Price to Sales (P/S)0.00
P/FCF Ratio-20.02
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
Phenom Resources Corp Business Overview & Revenue Model
Company Description
Based in Vancouver, Canada, Phenom Resources Corp. was founded in 2006 and is involved in the procurement, prospecting, assessment, and advancement of mineral resources throughout Canada and the United States. The company maintains an exclusive ri...
How the Company Makes Money
Phenom Resources Corp’s revenue model is primarily characteristic of a junior exploration issuer: it typically does not generate steady operating revenue from mineral production and instead funds operations through capital markets and, where appli...
Phenom Resources Corp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -5.00K | 0.00 | -159.29K | 0.00 | 0.00 | -19.63K |
| EBITDA | -1.05M | -1.02M | -1.19M | -948.00K | -326.00K | -2.17M |
| Net Income | -1.03M | -1.01M | -1.19M | -1.87M | -2.03M | -2.77M |
Balance Sheet | ||||||
| Total Assets | 23.07M | 22.07M | 20.19M | 19.15M | 18.72M | 16.52M |
| Cash, Cash Equivalents and Short-Term Investments | 352.20K | 583.40K | 385.09K | 403.68K | 573.65K | 1.44M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 357.51K | 420.48K | 265.35K | 836.94K | 520.18K | 1.27M |
| Stockholders Equity | 22.71M | 21.64M | 19.93M | 18.31M | 18.20M | 15.24M |
Cash Flow | ||||||
| Free Cash Flow | -1.98M | -1.11M | -915.46K | -914.01K | -5.85M | -6.85M |
| Operating Cash Flow | -509.35K | -1.11M | -915.46K | -914.01K | -1.08M | -1.45M |
| Investing Cash Flow | -2.29M | -1.31M | -1.53M | -783.95K | -4.78M | -5.56M |
| Financing Cash Flow | 2.00M | 2.62M | 2.43M | 1.53M | 4.99M | 6.76M |
Phenom Resources Corp Technical Analysis
Negative
0.46
Price Trends
0.39
Negative
0.41
Negative
0.34
Positive
Market Momentum
>-0.01
Positive
42.36
Neutral
11.24
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PHNM, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.39, and above the 200-day MA of 0.34, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.36 is Neutral, neither overbought nor oversold. The STOCH value of 11.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PHNM.
Phenom Resources Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | C$48.58M | -40.34 | -4.66% | ― | ― | 19.44% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$94.50M | -29.94 | -17.35% | ― | ― | 24.30% | |
49 Neutral | C$39.18M | -16.11 | -133.88% | ― | ― | 58.10% | |
47 Neutral | C$22.20M | -7.05 | -89.43% | ― | ― | 25.71% | |
47 Neutral | C$13.93M | -6.15 | -107.29% | ― | ― | -480.95% | |
43 Neutral | C$16.49M | -1.33 | -161.75% | ― | ― | -78.95% |
* General Sector Average
TSE:PHNM
Phenom Resources Corp
0.36
0.15
77.50%
TSE:BARU
Baru Gold
0.06
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-31.25%
TSE:DLTA
Delta Resources
0.24
0.07
41.18%
TSE:ICM
Iconic Minerals
0.08
0.00
0.00%
TSE:KALO
Kalo Gold Holdings
0.14
-0.26
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TSE:AUOZ
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0.49
0.27
120.45%
Phenom Resources Corp Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Phenom Resources Secures Full Ownership of Nevada Dobbin Gold Project to Advance SSR Mining JV
Positive
Aug 18, 2026
Phenom Resources has completed all required payments and exploration spending to exercise its option and acquire a 100 percent interest in the Dobbin Project in central Nevada. The property sits on the southern extension of the Independent-Eureka ...
Business Operations and StrategyPrivate Placements and Financing
Phenom Highlights MK Plus’s Funded Push Into Vanadium Battery Manufacturing in Sweden
Positive
Aug 13, 2026
Phenom Resources holds a 5% stake in MK Plus, a Japanese battery developer now operating under the Vanadis Energy brand and transitioning into an international manufacturer of vanadium solid-state batteries. MK Plus is establishing its industrial ...
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.