Forty Pillars Mining Corp (PLLR) AI Stock Analysis

• Market Cap: C$1.32M
• Dividend Yield: N/A
• Average Volume (3M): 124.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: N/A
• EPS Growth: 84.90%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.05
• Shares Outstanding: 32,980,713
• 10 Day Avg. Volume: 127,601
• 30 Day Avg. Volume: 124,343
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Forty Pillars Mining Corp faces significant financial challenges with zero revenue and negative cash flows. The technical indicators suggest the stock is in a downtrend, and the valuation metrics highlight ongoing losses. While the private placement may provide short-term financial relief, the long-term viability remains uncertain without a path to profitability.

Forty Pillars Mining Corp Business Overview & Revenue Model

Company Description

Forty Pillars Mining Corp (PLLR) is a resource exploration company focused on the acquisition, exploration, and development of mineral properties. The company primarily operates within the mining sector, with a key emphasis on discovering and developing precious and base metal deposits. It aims to enhance shareholder value through strategic exploration activities and partnerships.

How the Company Makes Money

The company makes money through the exploration and development of mineral properties, which involves identifying and assessing the potential of mineral-rich sites. Revenue is primarily generated by selling or leasing rights to these mining properties once they have been sufficiently developed or by extracting and selling the minerals themselves. Additionally, Forty Pillars Mining Corp may engage in joint ventures or partnerships with other mining companies to share the costs and rewards of exploration and development projects, thus diversifying its revenue streams.

Forty Pillars Mining Corp Financial Statement Overview

Summary

Forty Pillars Mining Corp is facing significant financial challenges, with zero revenue generation, persistent losses, and negative cash flows. While the debt levels have improved, the lack of revenue and cash generation from operations poses considerable risks. The company's reliance on external financing to maintain liquidity is concerning and may not be viable in the long term.

Income Statement

The company has consistently reported zero revenue over the periods analyzed, which is concerning for a sustainable business model. Net income has been negative, indicating ongoing losses. With EBIT and EBITDA also negative, the company is not demonstrating profitability or operational efficiency.

Balance Sheet

The balance sheet shows improving debt levels with a reduction in total liabilities, but the equity position has weakened over time. The debt-to-equity ratio suggests low leverage, which is positive, but the negative equity ratio indicates risk. The company maintains minimal cash reserves, which could limit financial flexibility.

Cash Flow

Operating cash flow has been consistently negative, indicating inadequate cash generation from core operations. Free cash flow is also negative, signifying cash consumption rather than cash generation. The company has relied heavily on financing activities, which may not be sustainable long-term.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022
Income Statement		Total Revenue
0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00
	EBIT
-466.93K	-276.76K	―	-777.66K
	EBITDA
-535.55K	-276.76K	-609.19K	0.00
	Net Income Common Stockholders
-688.96K	-1.62M	-803.57K	-568.45K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.84K	58.17K	10.23K	546.63K
	Total Assets
2.43M	605.10K	3.80M	4.29M
	Total Debt
22.49K	0.00	1.83M	1.76M
	Net Debt
17.65K	-58.17K	1.83M	1.61M
	Total Liabilities
406.61K	312.54K	2.16M	1.91M
	Stockholders Equity
2.02M	292.55K	1.64M	2.38M
Cash Flow		Free Cash Flow
-486.69K	-64.61K	-147.92K	-1.81M
	Operating Cash Flow
-482.09K	-64.56K	-97.87K	-590.79K
	Investing Cash Flow
7.38K	-53.00	24.43K	-1.36M
	Financing Cash Flow
477.81K	121.80K	-70.00K	2.09M

Forty Pillars Mining Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLLR, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.30 is Neutral, neither overbought nor oversold. The STOCH value of 166.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:PLLR.

Forty Pillars Mining Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	47 Neutral	$2.43B	-3.06	-22.76%	3.59%	4.02%	-29.07%
GEMC	43 Neutral	C$1.35M	―	-16.29%	―	―	88.48%
NIM	37 Underperform	C$64.24M	―	-122.83%	―	―	-348.98%
VTT	35 Underperform	C$3.63M	―	-11.92%	―	―	42.86%
SEI	31 Underperform	C$185.57M	―	-44.52%	―	―	-1320.83%
PLLR	29 Underperform	C$1.32M	―	-64.43%	―	―	84.90%

Forty Pillars Mining Corp Corporate Events

Forty Pillars Mining Corp. Announces $350,000 Private Placement

Forty Pillars Mining Corp. has announced a non-brokered private placement offering, aiming to raise up to $350,000 through the sale of units consisting of one common share and one purchase warrant. The funds are intended for working capital and corporate purposes, potentially strengthening the company’s financial position and aiding its ongoing exploration efforts.