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Pelangio Exploration
(PX)
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Rating:46Neutral
Price Target:
C$0.17
▼(-8.33% Downside)
Action:Reiterated
Date:09/06/26
The score is weighed down primarily by very weak financial performance (no revenue, persistent losses, and accelerating negative operating/free cash flow), partially offset by a zero-debt balance sheet. Technicals are modestly constructive in the near term (above key shorter moving averages with neutral RSI), but valuation is constrained by ongoing losses and no dividend support.
Positive Factors
Zero-debt balance sheet
A zero-debt capital structure reduces interest obligations and financial distress risk while preserving flexibility to direct available funds toward exploration. It also avoids debt-servicing constraints that could otherwise limit property advancement or force unfavorable financing decisions during weak operating periods.
Negative Factors
No operating revenue
The absence of operating revenue means PX has not yet demonstrated a self-funding business model or recurring commercial output. Until a property reaches production or generates partner-related proceeds, exploration and corporate costs must rely on external capital or asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero-debt balance sheet
A zero-debt capital structure reduces interest obligations and financial distress risk while preserving flexibility to direct available funds toward exploration. It also avoids debt-servicing constraints that could otherwise limit property advancement or force unfavorable financing decisions during weak operating periods.
Read all positive factors
Pelangio Exploration (PX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$42.38M
Dividend YieldN/A
Average Volume (3M)139.72K
Price to Earnings (P/E)―
Beta (1Y)1.91
Revenue GrowthN/A
EPS Growth-121.43%
CountryCA
Employees5
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding252,238,050
10 Day Avg. Volume91,548
30 Day Avg. Volume139,722
Financial Highlights & Ratios
PEG Ratio3.83
Price to Book (P/B)10.84
Price to Sales (P/S)0.00
P/FCF Ratio-26.22
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
Pelangio Exploration Business Overview & Revenue Model
Company Description
Pelangio Exploration Inc. is a company primarily engaged in discovering and advancing mineral properties, with activities spanning their acquisition, exploration, and subsequent development. The firm possesses ownership stakes in various gold-focu...
How the Company Makes Money
PX is an exploration-stage company; it generally does not generate revenue from mining operations because it focuses on early-stage exploration rather than production. As a result, if it earns money, it is typically through (1) equity financings (...
Pelangio Exploration Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
35
Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -4.24K | -326.00 | 0.00 | -3.56K | -2.30K | -3.08K |
| EBITDA | -3.83M | -885.81K | -644.00K | -1.32M | -1.60M | -2.98M |
| Net Income | -3.09M | -886.14K | -756.00K | -1.39M | -1.36M | -2.73M |
Balance Sheet | ||||||
| Total Assets | 3.69M | 5.53M | 442.98K | 497.44K | 1.03M | 1.23M |
| Cash, Cash Equivalents and Short-Term Investments | 3.42M | 5.37M | 410.46K | 473.89K | 929.95K | 1.08M |
| Total Debt | 0.00 | 0.00 | 0.00 | 40.00K | 40.00K | 40.00K |
| Total Liabilities | 500.73K | 144.68K | 921.38K | 1.13M | 647.12K | 740.88K |
| Stockholders Equity | 3.19M | 5.38M | -478.40K | -632.41K | 380.66K | 485.55K |
Cash Flow | ||||||
| Free Cash Flow | -3.45M | -2.23M | -908.22K | -708.95K | -1.11M | -2.55M |
| Operating Cash Flow | -3.40M | -2.17M | -908.22K | -708.95K | -1.11M | -2.55M |
| Investing Cash Flow | -54.78K | -54.78K | 73.63K | 0.00 | 50.62K | 51.18K |
| Financing Cash Flow | 5.50M | 6.68M | 825.58K | 339.66K | 948.52K | 1.12M |
Pelangio Exploration Technical Analysis
Positive
0.18
Price Trends
0.15
Positive
0.16
Positive
0.19
Negative
Market Momentum
<0.01
Positive
54.19
Neutral
-6.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PX, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.15, and below the 200-day MA of 0.19, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.19 is Neutral, neither overbought nor oversold. The STOCH value of -6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PX.
Pelangio Exploration Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$98.08M | -55.22 | -7.59% | ― | ― | 67.00% | |
50 Neutral | C$62.20M | -34.70 | -2.57% | ― | ― | 6.94% | |
47 Neutral | C$76.47M | -10.32 | -33.74% | ― | ― | 11.90% | |
47 Neutral | C$570.65M | -330.07 | -7.48% | ― | ― | -130.14% | |
46 Neutral | C$42.38M | -13.41 | -94.55% | ― | ― | -121.43% | |
45 Neutral | C$19.43M | -26.98 | -1.66% | ― | ― | 63.10% |
* General Sector Average
TSE:PX
Pelangio Exploration
0.17
0.02
12.00%
TSE:RTG
RTG Mining
0.04
0.01
33.33%
TSE:SRL
Salazar Resources
0.37
0.21
124.24%
TSE:TK
Tinka Resources
0.47
0.17
55.52%
TSE:SLG
San Lorenzo Gold Corp
5.84
5.25
889.83%
TSE:CNRI
Canadian North Resources, Inc.
0.17
-0.42
-71.19%
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.