PYX Resources (NSX:PYX) - Stock Price, News & Analysis

PYX Stock Overview

Engages in the exploration and production of mineral sands deposits.

PYX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Revenue is forecast to grow 64.06% per year

Risk Analysis

Earnings have declined by 35.8% per year over past 5 years

Shares are highly illiquid

Shareholders have been diluted in the past year

PYX Resources Limited Competitors

Vysarn

ASX:VYS

AU$230.3m

AIC Mines

ASX:A1M

AU$204.4m

DDH1

ASX:DDH

AU$331.8m

Sayona Mining

ASX:SYA

AU$350.0m

Price History & Performance

Summary of all time highs, changes and price drops for PYX Resources
Historical stock prices
Current Share Price	AU$0.51
52 Week High	AU$1.01
52 Week Low	AU$0.28
Beta	-0.18
11 Month Change	0%
3 Month Change	4.08%
1 Year Change	-39.72%
33 Year Change	-17.07%
5 Year Change	n/a
Change since IPO	12.09%

Recent updates

Shareholder Returns

	PYX	AU Metals and Mining	AU Market
7D	0%	0.5%	-1.1%
1Y	-39.7%	-3.3%	16.1%

Return vs Industry: PYX underperformed the Australian Metals and Mining industry which returned -3.1% over the past year.

Return vs Market: PYX underperformed the Australian Market which returned 0% over the past year.

Price Volatility

Is PYX's price volatile compared to industry and market?
PYX volatility
PYX Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	8.7%
10% most volatile stocks in AU Market	17.7%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: PYX has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine PYX's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Oliver Hasler	pyxresources.com

PYX Resources Limited engages in the exploration and development of mineral sands deposits. The company primarily explores for zircon and its by-products, such as titanium dioxide, rutile, leucoxene, and ilmenite. It holds interest in the Mandiri mineral sands deposit covering an area of 2,032 hectares located in the Central Kalimantan, Indonesia; and the Tisma mineral sands deposit covering an area of 1,500 hectares located in the Central Kalimantan, Indonesia.

PYX Resources Limited Fundamentals Summary

How do PYX Resources's earnings and revenue compare to its market cap?
PYX fundamental statistics
Market cap	AU$232.99m
Earnings (TTM)	-AU$23.17m
Revenue (TTM)	AU$34.10m

6.8x

P/S Ratio

-10.1x

P/E Ratio

Is PYX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PYX income statement (TTM)
Revenue	US$22.13m
Cost of Revenue	US$19.11m
Gross Profit	US$3.02m
Other Expenses	US$18.05m
Earnings	-US$15.04m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.033
Gross Margin	13.63%
Net Profit Margin	-67.95%
Debt/Equity Ratio	0%

How did PYX perform over the long term?

See historical performance and comparison

PYX Stock Overview

Rewards

Risk Analysis

PYX Resources Limited Competitors

ASX:VYS

AU$230.3m

ASX:A1M

AU$204.4m

ASX:DDH

AU$331.8m

ASX:SYA

AU$350.0m

Price History & Performance

Recent News & Updates

PYX Resources Receives Modified Licence to Export Rutile -Sale and Exports of Rutile Expected Imminently

PYX Resources Ltd Receives New Three-Year License to Extract and Process Up to 88,800 Tonnes of Minerals from Its Tisma Project in Indonesia

PYX Resources Limited, Annual General Meeting, May 16, 2024

PYX Resources Limited Receives Two-Year Licence to Extract and Process Up to 94,000 Tonnes Per Year of Minerals from its Mandiri Project

PYX Resources Limited Receives License for the Export of Rutile and Ilmenite Ores from the Indonesian Government

Full year 2022 earnings released: US$0.022 loss per share (vs US$0.009 loss in FY 2021)

Recent updates

PYX Resources Receives Modified Licence to Export Rutile -Sale and Exports of Rutile Expected Imminently

PYX Resources Ltd Receives New Three-Year License to Extract and Process Up to 88,800 Tonnes of Minerals from Its Tisma Project in Indonesia

PYX Resources Limited, Annual General Meeting, May 16, 2024

PYX Resources Limited Receives Two-Year Licence to Extract and Process Up to 94,000 Tonnes Per Year of Minerals from its Mandiri Project

PYX Resources Limited Receives License for the Export of Rutile and Ilmenite Ores from the Indonesian Government

Full year 2022 earnings released: US$0.022 loss per share (vs US$0.009 loss in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

PYX Resources Ltd Announces Appointment of Raden Sukhyar as A Non-Executive Director

PYX Resources Limited announced that it expects to receive £20 million in funding from GGY Global Yield LLC SCS

PYX Resources Ltd Announces the Passing of Director Gary Artmont

Less than half of directors are independent

PYX Resources Limited to Report First Half, 2022 Results on Sep 20, 2022

Price target increased to AU$2.90

Less than half of directors are independent

Price target increased to AU$2.90

Less than half of directors are independent

Price target increased to AU$2.90

Less than half of directors are independent

PYX Starts Production and Sales of Ilmenite

Price target increased to AU$2.90

Less than half of directors are independent

PYX Resources Limited, Annual General Meeting, May 18, 2022

PYX Resources Limited, Annual General Meeting, May 18, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Price target increased to AU$2.90

Less than half of directors are independent

Price target increased to AU$2.90

Forecast breakeven date pushed back to 2022

Less than half of directors are independent

Pyx Resources Limited Commences Production and Sales of Rutile

Price target increased to AU$2.90

Forecast to breakeven in 2021

Less than half of directors are independent

Forecast to breakeven in 2021

PYX Resources Limited announced that it expects to receive AUD 11.227 million in funding

Full year 2020 earnings released: US$0.054 loss per share

New 90-day high: AU$0.79

PYX Resources Limited (NSX:PYX) completed the acquisition of Tisma Development (HK) Limited.

PYX Resources Limited (NSX:PYX) entered into an agreement to acquire Tisma Development (HK) Limited for AUD 82.5 million.

New 90-day high: AU$0.68

New 90-day low: AU$0.58

New 90-day high - AU$0.71

New 90-day high - AU$0.66

Shareholder Returns

Price Volatility

About the Company

PYX Resources Limited Fundamentals Summary

6.8x

-10.1x

Earnings & Revenue