Prospect Ridge Resources Corp. (PRR) AI Stock Analysis

• Market Cap: C$4.16M
• Dividend Yield: N/A
• Average Volume (3M): 104.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: N/A
• EPS Growth: -31.18%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.05
• Shares Outstanding: 83,292,830
• 10 Day Avg. Volume: 80,400
• 30 Day Avg. Volume: 104,173
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -1.10
• 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

Prospect Ridge Resources Corp.'s overall stock score is low, primarily due to financial weaknesses, including lack of revenue and persistent losses. Technical indicators show weak momentum, and valuation metrics are unfavorable due to negative earnings. However, recent corporate events, like the appointment of a new CEO, offer some potential for improved strategic direction.

Prospect Ridge Resources Corp. Business Overview & Revenue Model

Company Description

Prospect Ridge Resources Corp. (PRR) is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in North America. The company primarily operates in the mining sector, seeking to identify and develop economically viable mineral resources, including precious and base metals. With a strategic approach to exploration, Prospect Ridge Resources Corp. aims to generate value through the discovery and advancement of mineral projects.

How the Company Makes Money

Prospect Ridge Resources Corp. makes money through the exploration and development of its mineral properties. The company generates revenue by identifying promising mineral deposits and advancing these projects to attract investments or partnerships. Once a viable mineral resource is confirmed, the company may either sell or lease the property to larger mining companies, enter into joint ventures, or develop the resources themselves to extract and sell the minerals. Key revenue streams include the sale of mineral rights, royalties from partnerships, and proceeds from any eventual mineral production. Significant partnerships with other mining companies or investors can also provide the necessary capital and expertise to advance their projects, contributing to the company's earnings.

Prospect Ridge Resources Corp. Financial Statement Overview

Summary

Prospect Ridge Resources Corp.'s financial statements reflect typical early-stage mining company challenges, with no revenue and recurring losses. The balance sheet shows a strong equity base but lacks growth dynamics. Cash flow issues highlight a dependence on external funding.

Income Statement

Prospect Ridge Resources Corp. has consistently reported no revenue over the analyzed periods, reflecting the challenges and uncertainties common in early-stage mining operations. The negative EBIT and EBITDA margins highlight operational inefficiencies and high fixed costs relative to nonexistent revenue. The persistent net losses underscore the company's ongoing struggle to reach profitability, a key risk factor for stakeholders.

Balance Sheet

The balance sheet shows a solid equity base with a high equity ratio due to low leverage, which is a positive sign for financial stability. However, the company's total debt, though low, results in a minimal debt-to-equity ratio. The lack of revenue growth and profitability pressures the overall financial health, and the high equity ratio may reflect limited reinvestment capabilities.

Cash Flow

The cash flow statement reveals negative operating cash flows, indicating that the company is not generating sufficient cash from its core operations. The free cash flow remains negative, which raises concerns about the company's ability to self-finance its operations without external funding. The reliance on financing cash flow suggests ongoing dependency on external capital injections.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-188.98K	-129.15K	-92.20K	-22.90K	0.00
	EBIT
-803.06K	-2.26M	-4.00M	-1.65M	-36.72K
	EBITDA
-2.56M	-2.09M	-4.01M	-1.63M	-36.72K
	Net Income Common Stockholders
-2.80M	-2.23M	-4.21M	-1.65M	-36.72K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.13M	1.39M	3.17M	764.36K	711.65K
	Total Assets
8.55M	7.01M	8.66M	1.48M	742.32K
	Total Debt
221.64K	291.67K	308.46K	1.55K	0.00
	Net Debt
-326.34K	-1.10M	-2.86M	-762.81K	-711.65K
	Total Liabilities
502.50K	571.98K	600.00K	489.38K	39.41K
	Stockholders Equity
8.05M	6.44M	8.06M	995.08K	702.90K
Cash Flow		Free Cash Flow
-2.47M	-1.77M	-4.55M	-427.38K	-27.97K
	Operating Cash Flow
-2.46M	-1.57M	-3.97M	-309.74K	-2.97K
	Investing Cash Flow
-2.55M	-132.51K	-642.47K	-117.64K	-25.00K
	Financing Cash Flow
4.81M	-67.83K	7.02M	480.09K	739.62K

Prospect Ridge Resources Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PRR, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.71 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PRR.

Prospect Ridge Resources Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.86B	18.47	26.82%	―	77.93%	236.93%
ORE	78 Outperform	C$458.88M	4.88	27.12%	―	6.15%	10.69%
NGD	66 Neutral	$3.96B	28.43	11.14%	―	18.32%	―
MAG	61 Neutral	C$2.21B	18.47	14.17%	―	―	61.66%
BTO	54 Neutral	$5.44B	―	-18.54%	4.81%	-4.17%	-318.18%
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
PRR	40 Underperform	C$4.16M	―	-44.22%	―	―	-31.18%

Prospect Ridge Resources Corp. Corporate Events

Prospect Ridge Resources Corp. Announces Leadership Change

Prospect Ridge Resources Corp. announced the resignation of Yan Ducharme as President and Director, effective immediately, as he pursues other business interests. CEO Len Brownlie will take over as President, and the company expressed gratitude for Ducharme’s contributions, particularly in advancing their exploration projects. This leadership change is expected to impact the company’s exploration efforts at the Holy Grail and Knauss Creek projects, potentially influencing its industry positioning and stakeholder interests.

Prospect Ridge Resources Appoints New CEO to Drive Exploration Efforts

Prospect Ridge Resources Corp. has announced the appointment of Leonard W. Brownlie, Ph.D., as the new Chief Executive Officer, succeeding Michael Iverson, who will continue as Chairman of the Board. Dr. Brownlie brings extensive experience in the mining industry, having held leadership roles in multiple publicly traded companies, and is expected to leverage his industry network to advance Prospect Ridge’s exploration and development efforts, potentially benefiting shareholders and enhancing the company’s position in the market.

Prospect Ridge Resources Grants 2.1 Million Options to Key Personnel

Prospect Ridge Resources Corp. has announced the granting of 2,100,000 options to its officers, directors, and consultants, with an exercise price of $0.15 and a term of five years. This move is likely to incentivize key personnel, potentially enhancing the company’s operational focus and strategic positioning in the competitive gold exploration sector.

Prospect Ridge Resources Announces Leadership Change

Prospect Ridge Resources Corp. announced a leadership change with Mr. Michael Iverson taking over as Chairman of the Board, following Mr. Simon Ridgway’s resignation due to his commitments with other companies. This change reflects the company’s ongoing efforts to strategically position itself within the gold exploration sector, potentially impacting its operational focus and stakeholder relations as it continues to explore under-explored regions.