Prospect Ridge Resources Corp.

CNSX:PRR Stock Report

Market Cap: CA$3.7m

Prospect Ridge Resources Valuation

Is PRR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PRR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PRR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PRR's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRR?

Key metric: As PRR is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PRR. This is calculated by dividing PRR's market cap by their current book value.
What is PRR's PB Ratio?
PB Ratio0.6x
BookCA$6.09m
Market CapCA$3.75m

Price to Book Ratio vs Peers

How does PRR's PB Ratio compare to its peers?

The above table shows the PB ratio for PRR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.9x
HHH Helius Minerals
6.1xn/aCA$4.6m
ANOR AnorTech
1.4xn/aCA$4.5m
BATX Battery X Metals
3.1xn/aCA$4.5m
AMMO Bullet Exploration
1.1xn/aCA$5.2m
PRR Prospect Ridge Resources
0.6xn/aCA$3.7m

Price-To-Book vs Peers: PRR is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (2.9x).


Price to Book Ratio vs Industry

How does PRR's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

89 CompaniesPrice / BookEstimated GrowthMarket Cap
S Sherritt International
0.1xn/aUS$48.32m
WM Wallbridge Mining
0.2xn/aUS$46.71m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$25.33m
PRR 0.6xIndustry Avg. 1.4xNo. of Companies159PB01.22.43.64.86+
89 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PRR is good value based on its Price-To-Book Ratio (0.6x) compared to the Canadian Metals and Mining industry average (1.4x).


Price to Book Ratio vs Fair Ratio

What is PRR's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PRR's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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