Prime Mining (TSX:PRYM) - Stock Price, News & Analysis

PRYM Stock Overview

Engages in the acquisition, exploration, and development of mineral resource properties in Mexico. More details

PRYM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Analysts in good agreement that stock price will rise by 200%

Risk Analysis

Earnings have declined by 23.2% per year over past 5 years

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

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

+ 1 more risk

Prime Mining Corp. Competitors

American Lithium

TSXV:LI

CA$204.7m

Los Andes Copper

TSXV:LA

CA$206.8m

Consolidated Uranium

TSXV:CUR

CA$211.6m

Bravo Mining

TSXV:BRVO

CA$212.7m

Price History & Performance

Summary of all time highs, changes and price drops for Prime Mining
Historical stock prices
Current Share Price	CA$1.41
52 Week High	CA$2.50
52 Week Low	CA$1.13
Beta	2
11 Month Change	-31.22%
3 Month Change	-12.96%
1 Year Change	-12.96%
33 Year Change	-69.94%
5 Year Change	347.62%
Change since IPO	-99.22%

Recent updates

Shareholder Returns

	PRYM	CA Metals and Mining	CA Market
7D	-6.0%	-0.6%	1.0%
1Y	-13.0%	25.4%	23.0%

Return vs Industry: PRYM underperformed the Canadian Metals and Mining industry which returned 31.8% over the past year.

Return vs Market: PRYM underperformed the Canadian Market which returned 24% over the past year.

Price Volatility

Is PRYM's price volatile compared to industry and market?
PRYM volatility
PRYM Average Weekly Movement	12.5%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: PRYM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PRYM's weekly volatility (13%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	75	Scott Hicks	www.primeminingcorp.ca

Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company explores for gold and silver deposits. It primarily holds a 100% interest in the Los Reyes project that consists of 37 contiguous concessions covering an area of 6,273 hectares located in Sinaloa, Mexico.

Prime Mining Corp. Fundamentals Summary

How do Prime Mining's earnings and revenue compare to its market cap?
PRYM fundamental statistics
Market cap	CA$215.95m
Earnings (TTM)	-CA$23.69m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.8x

P/E Ratio

Is PRYM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRYM income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$23.69m
Earnings	-CA$23.69m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.16
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did PRYM perform over the long term?

See historical performance and comparison

PRYM Stock Overview

Rewards

Risk Analysis

Prime Mining Corp. Competitors

TSXV:LI

CA$204.7m

TSXV:LA

CA$206.8m

TSXV:CUR

CA$211.6m

TSXV:BRVO

CA$212.7m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

New minor risk - Financial position

Prime Mining Corp. Reports Significantly Expanded Gold and Silver Mineral Resource with Exceptional Upside Potential At Its Los Reyes Property

Price target increased by 8.0% to CA$4.15

New minor risk - Shareholder dilution

Prime Mining Corp. Appoints Sunny Lowe to Its Board of Directors

Recent updates

New major risk - Revenue and earnings growth

New minor risk - Financial position

Prime Mining Corp. Reports Significantly Expanded Gold and Silver Mineral Resource with Exceptional Upside Potential At Its Los Reyes Property

Price target increased by 8.0% to CA$4.15

New minor risk - Shareholder dilution

Prime Mining Corp. Appoints Sunny Lowe to Its Board of Directors

Is Prime Mining (TSE:PRYM) In A Good Position To Deliver On Growth Plans?

Prime Mining Corp. Intersects 7 gpt Gold-Equivalent over 2m at Z-T

Prime Mining Corp. Focuses on Exploration and Development of its Wholly Owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico

Executive Advisor & Director exercised options to buy CA$1.2m worth of stock.

Prime Mining Corp. Extends High-Grade Silver and Gold Mineralization At Guadalupe East

Technical Advisor & Director recently sold CA$119k worth of stock

Technical Advisor & Director exercised options to buy CA$205k worth of stock.

New major risk - Revenue and earnings growth

PrimeMining Corp Reports 11.8 gpt gold-equivalent over 3.0 metres at Las Primas And Continues to Discover High Grades at Shallow Depths

Prime Mining Corp., Annual General Meeting, Jun 19, 2024

We Think Prime Mining (TSE:PRYM) Can Afford To Drive Business Growth

Prime Mining Corp. Releases Final 2023 Drilling Results

High number of new directors

Prime Mining Corp. Reports Expansion Drilling Results from its Los Reyes Project, Located in Sinaloa State, Mexico

Prime Announces 2024 Drilling Update

Prime Mining Appoints Scott Hicks to the Board of Directors

Prime Mining Corp. Intercepts High Grades At Las Primas and Record High Grades At Guadalupe East

Prime Mining Corp. Further Expands Mineralization at Central Results Demonstrate Potential for Larger High-Grade Pit

Prime Mining Corp. Provides Update on Exploration and Development of Its Wholly Owned High-Grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico

Prime Mining (CVE:PRYM) Is In A Good Position To Deliver On Growth Plans

Prime Mining Corp. Announces More High-Grade Drilling Results from the Z-T Area At Los Reyes

Prime Mining Corp. Reports Expansion Drill Results from its Los Reyes Project, Located in Sinaloa State, Mexico

Prime Mining Corp. Releases High-Grade Drill Results from Two New Generative Targets At Los Reyes

Executive Vice President exercised options to buy CA$219k worth of stock.

Prime Mining Corp. Announces Board Changes

Price target decreased by 18% to CA$4.26

Is Prime Mining (CVE:PRYM) In A Good Position To Invest In Growth?

Prime Mining Corp. Extends Mineralization Beyond Los Reyes Resource Pit at Central Area

Prime Discovers New Wide Zones Of High-Grade Mineralization in Z-T Area Significantly Below Resource Pits

Prime Mining Corp. Announces the Filing of A Technical Report for the Updated Mineral Resource Estimate

Prime Mining Corp. Reports New Results from Core Drilling At the Z-T Area

Prime Mining Corp., Annual General Meeting, Jul 14, 2023

Executive Advisor & Director exercised options to buy CA$494k worth of stock.

Price target decreased by 12% to CA$5.15

Prime Mining Corp. Announces 2023 Drill Program and Progress Update

Prime Mining Corp. Announces Additional Assay Results from Its Recently Completed Phase 2 Drill Program, and Start of Phase 3 Drilling

Prime Mining Corp. announced that it has received CAD 21.045 million in funding

Price target increased to CA$7.00

Prime Mining Corp. announced that it expects to receive CAD 16.5 million in funding

Prime Drills Multiple Bonanza and High-Grade Intercepts At Guadalupe Including 33.2 gpt Au and 1,072 gpt Ag over 2.0 Metres

Independent Director exercised options to buy CA$358k worth of stock.

High number of new directors

Prime Mining Corp Drills Several Bonanza Grade Intercepts in Guadalupe including 27.9 gpt Au and 509 gpt Ag over 2.3 Metres

Prime Mining Corp. Intercepts 2.36 gpt Au and 178 gpt Ag over 20.5 Metres in Step-out Drilling at Z-T

Prime Extends Guadalupe At Depth and Along Strike with Multiple Thick High-Grade Gold-Silver Intercepts

Prime Mining Corp. Announces Executive Changes

Executive VP & Director recently bought CA$246k worth of stock

Price target decreased to CA$6.31

Prime Mining Corp. Intercepts 2.7 gpt Au and 130 gpt Ag over 18 Metres in Step-Out Drilling at San Miguel East

Is Prime Mining (CVE:PRYM) In A Good Position To Deliver On Growth Plans?

Prime Mining Corp. Announces Additional Assays from Its Expanded Phase 2 Step-Out and Infill Drilling Program At Los Reyes

Insider recently bought CA$2.4m worth of stock

Prime Mining Corp. Intercepts 62 gpt Au and 978 gpt Ag over 3.6 Metres in Step Out Drilling at Guadalupe East