PTX Metals (CNSX:PTX) - Stock Price, News & Analysis

PTX Stock Overview

PTX Metals Inc., together with its subsidiaries, acquires, explores for, evaluates, and develops mineral properties in Canada.

About the company

PTX fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Highly volatile share price over the past 3 months

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$12M)

Shareholders have been diluted in the past year

PTX Metals Inc. Competitors

Fortune Bay

TSXV:FOR

CA$11.9m

Triumph Gold

TSXV:TIG

CA$11.9m

Radius Gold

TSXV:RDU

CA$11.9m

Sabre Gold Mines

TSX:SGLD

CA$13.5m

Price History & Performance

Summary of all time highs, changes and price drops for PTX Metals
Historical stock prices
Current Share Price	CA$0.035
52 Week High	CA$0.05
52 Week Low	CA$0.02
Beta	0.69
1 Month Change	-12.50%
3 Month Change	-12.50%
1 Year Change	-30.00%
3 Year Change	-46.15%
5 Year Change	-22.22%
Change since IPO	-85.11%

Recent updates

Shareholder Returns

	PTX	CA Metals and Mining	CA Market
7D	0%	-1.8%	0.7%
1Y	-30.0%	-6.2%	5.5%

Price Volatility

Is PTX's price volatile compared to industry and market?
PTX volatility
PTX Average Weekly Movement	20.6%
Metals and Mining Industry Average Movement	11.4%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.2%
10% least volatile stocks in CA Market	3.0%

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

Volatility Over Time: PTX's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Greg Ferron	www.ptxmetals.com

PTX Metals Inc., together with its subsidiaries, acquires, explores for, evaluates, and develops mineral properties in Canada. It explores for gold, zinc, arsenic, barium, antimony, copper, mercury, molybdenum, tungsten, and platinum group element deposits. The company was formerly known as Platinex Inc. and changed its name to PTX Metals Inc. in February 2024.

PTX Metals Inc. Fundamentals Summary

How do PTX Metals's earnings and revenue compare to its market cap?
PTX fundamental statistics
Market cap	CA$12.06m
Earnings (TTM)	-CA$1.81m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.7x

P/E Ratio

Is PTX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PTX income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.81m
Earnings	-CA$1.81m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	6.3%

How did PTX perform over the long term?

See historical performance and comparison

PTX Stock Overview

Rewards

Risk Analysis

PTX Metals Inc. Competitors

TSXV:FOR

CA$11.9m

TSXV:TIG

CA$11.9m

TSXV:RDU

CA$11.9m

TSX:SGLD

CA$13.5m

Price History & Performance

Recent News & Updates

PTX Metals Inc. announced that it expects to receive CAD 1.05 million in funding

PTX Metals Inc. Announces Update on W2 Copper-Nickel-Pge Project and Drill Program in Northwestern Ontario

New major risk - Share price stability

PTX Metals Inc. Appoints Jean David Moore to the Board and Felix Lee as Lead Director

Platinex Inc. Announces Results from the First Phase of Diamond Drilling on the Heenan Property

Platinex Inc. Confirms Tantalum Discovery At Muskrat Dam Critical Minerals Project, NW Ontario

Recent updates

PTX Metals Inc. announced that it expects to receive CAD 1.05 million in funding

PTX Metals Inc. Announces Update on W2 Copper-Nickel-Pge Project and Drill Program in Northwestern Ontario

New major risk - Share price stability

PTX Metals Inc. Appoints Jean David Moore to the Board and Felix Lee as Lead Director

Platinex Inc. Announces Results from the First Phase of Diamond Drilling on the Heenan Property

Platinex Inc. Confirms Tantalum Discovery At Muskrat Dam Critical Minerals Project, NW Ontario

Platinex Inc. Appoints Rajesh Sharma to the Board of Directors

Platinex Consolidates W2 Copper-Nickel-PGE Project Acquiring Historical Resource

Platinex Inc. announced that it has received CAD 1.972 million in funding

Platinex Inc. Completes Geological Compilation and 3D Modelling Program on W2 Copper-Nickel-PGE Project in Northern Ontario

Platinex Inc. announced that it expects to receive CAD 1 million in funding

Platinex Inc. announced that it expects to receive CAD 1 million in funding

Platinex Inc. Makes New Gold Discovery at Heenan Property in the Swayze Area of the Abitibi Greenstone Belt

Platinex Inc., Annual General Meeting, Jan 16, 2024

Platinex Inc. Provides an Update on Exploration Activities at the Mallard Gold and Heenan Gold Projects Located in Northeastern Ontario

Platinex Inc. announced that it has received CAD 0.5 million in funding

Platinex Inc. Provides Update on Projects Including Completion of Exploration at Muskrat Dam Critical Minerals Project

Platinex Inc. Launches Exploration Programs for the South Timmins Mining Joint Venture

New major risk - Share price stability

Platinex Receives Exploration Permits for W2 Copper-Nickel-PGE Project

Platinex Inc Provides Update on its Shining Tree Gold Property in the Timmins, Ontario Mining Camp

Platinex Inc. announced that it expects to receive CAD 2.5 million in funding from Fancamp Exploration Ltd. and other investors

Platinex Inc. Announces Additional Information Muskrat Dam Critical Minerals Project

Platinex Provides Update on Exploration Activities At Its Shining Tree Gold Project

High number of new and inexperienced directors

Platinex Inc. Commences Exploration At Shining Tree Gold Project

Platinex Inc. Forms A W2 Advisory Board

Platinex Inc., Annual General Meeting, Jul 13, 2022

Platinex Inc. announced that it has received CAD 1.929 million in funding

Less than half of directors are independent

Platinex Inc. Announces Acquisition of Mining Claims At Shining Tree Gold Project

Platinex Inc. Announces Further Results from Its Gold in Till Exploration on Its Shining Tree Property Including Geochemical Analyses for Gold and a Multi-Element Package

Platinex Inc. (CNSX:PTX) acquired additional mining claims in Shining Tree from Trillium Mining Corp. for CAD 0.2 million.

Independent Director has left the company

Platinex Inc. Commences Drilling Program and Other Exploration Activities on the Shining Tree Gold Project, Ontario

Platinex Identifies First High Gold-In-Till Results at Ridout-Tyrell Deformation Zone in Shining Tree

Platinex Inc. Appoints Christophe Vereecke as New Director

Platinex Updates 2021 Exploration Program and Reports Positive Sampling at Shining Tree Property

Platinex Extends Shear Zones with Discovery of New Zone on Shining Tree Property

Platinex Inc. announced that it expects to receive CAD 0.5 million in funding

Platinex Announces Gold in Till with 207 Grains of Gold

Platinex Extends Shear Zones With Discovery of New Zone on Shining Tree Property

Platinex Inc. Provides Update on Exploration of Shining Tree Property

Platinex Inc. Announces the Appointment of Two Advisors to Finance Committee

Platinex Inc. Provides Update on Exploration of Caswell Prospect at Shining Tree Property

Platinex Inc. announced that it has received CAD 0.96054 million in funding from Palisades Goldcorp Ltd.

Platinex Inc. announced that it expects to receive CAD 1 million in funding from Palisades Goldcorp Ltd. and other investors

Platinex Inc. (CNSX:PTX) completed the acquisition of Shining Tree Fawcett East property from Goldeye Explorations Limited.

Platinex Inc. announced that it has received CAD 0.3553 million in funding

Shareholder Returns

Price Volatility

About the Company

PTX Metals Inc. Fundamentals Summary

0.0x

-6.7x

Earnings & Revenue