Platina Resources (CHIA:PGM) - Stock Price, News & Analysis

PGM Stock Overview

Platina Resources Limited acquires, explores for, and develops mineral deposits in Australia.

PGM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (1.7x) is below the Australian market (19.6x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (A$14M)

Makes less than USD$1m in revenue (A$23K)

Highly volatile share price over the past 3 months

Platina Resources Limited Competitors

Venus Metals

ASX:VMC

AU$15.7m

eMetals

ASX:EMT

AU$5.1m

Gullewa

ASX:GUL

AU$10.6m

Havilah Resources

ASX:HAV

AU$61.7m

Price History & Performance

Summary of all time highs, changes and price drops for Platina Resources
Historical stock prices
Current Share Price	AU$0.022
52 Week High	AU$0.034
52 Week Low	AU$0.017
Beta	1.37
1 Month Change	-29.03%
3 Month Change	29.41%
1 Year Change	-26.67%
3 Year Change	-67.16%
5 Year Change	-56.00%
Change since IPO	-86.46%

Recent updates

Shareholder Returns

	PGM	AU Metals and Mining	AU Market
7D	4.8%	0.6%	0.8%
1Y	-26.7%	-1.8%	7.2%

Return vs Industry: PGM underperformed the Australian Metals and Mining industry which returned -1.8% over the past year.

Return vs Market: PGM underperformed the Australian Market which returned 7.2% over the past year.

Price Volatility

Is PGM's price volatile compared to industry and market?
PGM volatility
PGM Average Weekly Movement	22.2%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: PGM's share price has been volatile over the past 3 months.

Volatility Over Time: PGM's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Corey Nolan	www.platinaresources.com.au

Platina Resources Limited acquires, explores for, and develops mineral deposits in Australia. It explores for platinum group metals, zinc and gold, and base metals. The company was incorporated in 2006 and is headquartered in Mount Hawthorn, Australia.

Platina Resources Limited Fundamentals Summary

How do Platina Resources's earnings and revenue compare to its market cap?
PGM fundamental statistics
Market cap	AU$13.71m
Earnings (TTM)	AU$8.27m
Revenue (TTM)	AU$23.10k

1.7x

P/E Ratio

593.4x

P/S Ratio

Is PGM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGM income statement (TTM)
Revenue	AU$23.10k
Cost of Revenue	AU$0
Gross Profit	AU$23.10k
Other Expenses	-AU$8.25m
Earnings	AU$8.27m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.013
Gross Margin	100.00%
Net Profit Margin	35,811.56%
Debt/Equity Ratio	0%

How did PGM perform over the long term?

See historical performance and comparison

PGM Stock Overview

Rewards

Risk Analysis

Platina Resources Limited Competitors

ASX:VMC

AU$15.7m

ASX:EMT

AU$5.1m

ASX:GUL

AU$10.6m

ASX:HAV

AU$61.7m

Price History & Performance

Recent News & Updates

Insufficient new directors

New major risk - Market cap size

Platina Resources Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.036 loss in FY 2022)

New major risk - Market cap size

First half 2023 earnings released: AU$0.012 loss per share (vs AU$0.018 loss in 1H 2022)

Recent updates

Insufficient new directors

New major risk - Market cap size

Platina Resources Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.036 loss in FY 2022)

New major risk - Market cap size

First half 2023 earnings released: AU$0.012 loss per share (vs AU$0.018 loss in 1H 2022)

Platina Resources Limited to Commence Exploration At WA Gold Projects

Insufficient new directors

Platina Resources Limited Commences Exploration at the Mt Narryer Project WA

Platina Resources Limited's Maiden Xanadu Drilling Program over 2,214M Has Demonstrates the Presence of Gold Mineralisation At Depth and Up to 900M of Strike on Untested Ground Immediately West of the Historical Amphitheatre Open Pit

Insufficient new directors

Platina Resources Limited (ASX:PGM) completed the acquisition of Sangold Resources Pty Ltd.

Platina Resources Limited Announces Exploration Commencement

Platina Resources Limited, Annual General Meeting, Nov 30, 2022

Full year 2022 earnings released: AU$0.036 loss per share (vs AU$0.049 profit in FY 2021)

Platina Resources Limited Starts Maiden Drilling Program At Xanadu Gold Project, Western Australia

Platina Resources Limited (ASX:PGM) entered into a binding term sheet agreement to acquire Sangold Resources Pty Ltd for approximately AUD 2.7 million.

Platina Resources Limited Announces Maiden Drilling Program Commences At Challa Gold Project in Western Australia

Insufficient new directors

Platina Resources Appoints Rohan Deshpande as Exploration Manager

Platina Resources Limited Announces Positive Step Towards Creating Valuable IP for Aluminium - Scandium Master Alloy Production

Platina Resources Limited Geophysics Program Identifies Number of Anomalies for Drill Testing At Its Xanadu Gold Project in Western Australia's Ashburton Province

Alien Metals Ltd (AIM:UFO) has signed a conditional Binding Heads of Agreement to acquire 30% stake in in Munni Munni Project from Platina Resources Limited (ASX:PGM) for AUD 2.23 million.

Full year 2021 earnings released: EPS AU$0.049 (vs AU$0.007 loss in FY 2020)

Insufficient new directors

Artemis Resources Limited Provides an Update on Drilling and Joint Venture Formation at the Munni Munni Pge Project in the West Pilbara Owned 70% by Artemis and 30% by Platina Resources Limited

Platina Resources Limited (ASX:PGM) completed the acquisition of Xanadu Project in Western Australia from Mineral Edge Pty Ltd and Coolabah Resources Pty Ltd for AUD 0.99 million.

Platina Resources Limited Announces Xanadu Gold Project Update

Platina Resources Limited Announces New Soil Sampling Program Planned for Challa Gold Project

Pla na Resources Limited Withdraws from Blue Moon Joint Venture

Platina Resources Limited Completes Soil Sampling Program at Challa Gold Project

Major Precious Metals Corp. (CNSX:SIZE) completed the acquisition of Skaergaard Project in Greenland from Platina Resources Limited (ASX:PGM).

Platina Resources Limited Announces Challa Gold Project Moves to Next Phase

Full year earnings released - AU$0.0072 loss per share

Shareholder Returns

Price Volatility

About the Company

Platina Resources Limited Fundamentals Summary

1.7x

593.4x

Earnings & Revenue