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Pelangio Exploration (PX) AI Stock Analysis
Pelangio Exploration
(TSXV:PX)
The overall score is driven primarily by very weak financial performance, with widening losses, accelerating cash burn, and volatile equity capital despite low leverage. Secondary pressure comes from a negative technical setup, where the price trades below all key moving averages and momentum remains soft, offset only slightly by oversold readings. The speculative valuation profile, characterized by a negative P/E and no dividend yield, provides limited traditional support for the stock and reinforces the high-risk nature of the investment.
Pelangio Exploration (PX) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 29.01M
- Dividend Yield
- ―
- Average Volume (3M)
- 95.01K
- Price to Earnings (P/E)
- -9.3
- Beta (1Y)
- 1.63
- Revenue Growth
- ―
- EPS Growth
- -121.43%
- Country
- Canada
- Employees
- 5
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
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-focused...
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 (iss...
Pelangio Exploration Financial Statement Overview
Summary
The company is pre-revenue with sharply widening operating and net losses, worsening cash burn, and highly volatile equity, while low debt is a modest strength but not enough to offset a very weak and high-risk financial profile.
Income Statement
16Very NegativeBalance Sheet
41NeutralCash Flow
23Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -4,238 | -326 | 0 | -3,560 | -2,298 | -3,078 |
| EBITDA | -3.83M | -885.81K | -644.30K | -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 | 0 | 0 | 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 | 50.62K | 51.18K |
| Financing Cash Flow | 5.50M | 6.68M | 825.58K | 339.66K | 948.52K | 1.12M |
Pelangio Exploration Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PX, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.15, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 42.10 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PX.
Pelangio Exploration Peers Comparison
Overall Rating
TSE:SLG53Neutral
TSE:CNRI50Neutral
TSE:TK49Neutral
TSE:SRL45Neutral
TSE:RTG42Neutral- TSE:PX40Underperform
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:SLG | 53Neutral | CAD 553.47M | -310.78 | -7.48% | ― | ― | -130.14% |
| TSE:CNRI | 50Neutral | CAD 27.44M | -32.84 | -1.60% | ― | ― | 63.10% |
| TSE:TK | 49Neutral | CAD 48.25M | -26.86 | -2.57% | ― | ― | 6.94% |
| TSE:SRL | 45Neutral | CAD 74.22M | -41.79 | -7.59% | ― | ― | 67.00% |
| TSE:RTG | 42Neutral | CAD 47.79M | -6.88 | -49.66% | ― | ― | 11.90% |
| TSE:PX | 40Underperform | CAD 29.01M | -9.35 | -94.55% | ― | ― | -121.43% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:PX | Pelangio Exploration | 0.12 | -0.09 | -42.50% | |
| TSE:RTG | Rtg Mining, Inc. | 0.03 | -0.00 | -16.67% | |
| TSE:SRL | Salazar Resources | 0.28 | 0.13 | 83.01% | |
| TSE:TK | Tinka Resources | 0.36 | -0.16 | -30.77% | |
| TSE:SLG | San Lorenzo Gold Corp | 5.62 | 4.82 | 602.50% | |
| TSE:CNRI | Canadian North Resources, Inc. | 0.24 | -0.28 | -53.85% |
Pelangio Exploration Corporate Events
Pelangio Ramps Up Multi-Project Gold Exploration Campaign in Ghana
PositivePelangio Exploration is advancing several exploration campaigns across its Ghana portfolio, aiming to test deeper and higher-potential gold targets at its Manfo, Obuasi and Dankran projects. The company has completed a controlled-source electromagnet...
Pelangio Drilling Extends Manfo Gold Resources at Pokukrom East
PositivePelangio Exploration has completed its 2026 resource extension drilling program at the Pokukrom deposits within the Manfo Gold Project in Ghana, reporting final assay results that confirm extensions at Pokukrom East. Key holes, including SPDD26-008 a...
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