Prime Mining Corp.

TSX:PRYM Stock Report

Market Cap: CA$216.0m

Prime Mining Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 PRYM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As PRYM 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 PRYM. This is calculated by dividing PRYM's market cap by their current book value.
What is PRYM's PB Ratio?
PB Ratio6.2x
BookCA$33.55m
Market CapCA$215.95m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for PRYM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.1x
LI American Lithium
1.3x20.2%CA$204.7m
LA Los Andes Copper
2.6xn/aCA$206.8m
CUR Consolidated Uranium
13.8x59.9%CA$211.6m
BRVO Bravo Mining
2.7xn/aCA$212.7m
PRYM Prime Mining
6.2xn/aCA$216.0m

Price-To-Book vs Peers: PRYM is expensive based on its Price-To-Book Ratio (6.2x) compared to the peer average (5.1x).

Price to Book Ratio vs Industry

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

87 CompaniesPrice / BookEstimated GrowthMarket Cap
S Sherritt International
0.1xn/aUS$49.43m
WM Wallbridge Mining
0.2xn/aUS$46.78m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$26.05m
PRYM 6.2xIndustry Avg. 1.4xNo. of Companies163PB01.22.43.64.86+
87 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PRYM is expensive based on its Price-To-Book Ratio (6.2x) compared to the Canadian Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is PRYM'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.

PRYM PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio6.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PRYM'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?

The above table shows the analyst PRYM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$1.41
CA$4.23
+200.0%
8.7%CA$4.75CA$3.75n/a5
Nov ’25CA$1.84
CA$4.32
+134.6%
9.0%CA$4.75CA$3.75n/a6
Oct ’25CA$1.62
CA$4.09
+152.6%
14.7%CA$4.75CA$3.00n/a6
Sep ’25CA$1.64
CA$3.84
+134.2%
20.1%CA$4.75CA$2.75n/a6
Aug ’25CA$1.86
CA$3.84
+106.5%
20.1%CA$4.75CA$2.75n/a6
Jul ’25CA$1.78
CA$3.84
+115.8%
20.1%CA$4.75CA$2.75n/a6
Jun ’25CA$2.20
CA$3.84
+74.6%
20.1%CA$4.75CA$2.75n/a6
May ’25CA$2.18
CA$4.04
+85.3%
17.0%CA$4.75CA$2.90n/a5
Apr ’25CA$2.19
CA$3.94
+79.9%
16.5%CA$4.75CA$2.90n/a5
Mar ’25CA$2.22
CA$3.91
+76.2%
20.9%CA$4.75CA$2.65n/a4
Feb ’25CA$2.22
CA$3.91
+76.2%
20.9%CA$4.75CA$2.65n/a4
Jan ’25CA$1.50
CA$3.98
+165.0%
22.3%CA$5.00CA$2.65n/a4
Dec ’24CA$1.75
CA$3.98
+127.1%
22.3%CA$5.00CA$2.65n/a4
Nov ’24CA$1.29
CA$3.98
+208.1%
22.3%CA$5.00CA$2.65CA$1.844
Oct ’24CA$1.19
CA$4.20
+252.9%
19.9%CA$5.00CA$3.05CA$1.624
Sep ’24CA$1.56
CA$4.20
+169.2%
19.9%CA$5.00CA$3.05CA$1.644
Aug ’24CA$1.75
CA$5.21
+197.7%
38.9%CA$9.00CA$3.05CA$1.865
Jul ’24CA$1.79
CA$5.21
+191.1%
38.9%CA$9.00CA$3.05CA$1.785
Jun ’24CA$2.05
CA$5.21
+154.1%
38.9%CA$9.00CA$3.05CA$2.205
May ’24CA$2.30
CA$5.21
+126.5%
38.9%CA$9.00CA$3.05CA$2.185
Apr ’24CA$2.52
CA$5.15
+104.4%
40.2%CA$9.00CA$3.00CA$2.195
Mar ’24CA$2.00
CA$5.15
+157.5%
40.2%CA$9.00CA$3.00CA$2.225
Feb ’24CA$2.12
CA$5.69
+168.3%
34.8%CA$9.00CA$3.75CA$2.224
Jan ’24CA$1.90
CA$5.92
+211.4%
37.8%CA$9.00CA$3.75CA$1.503
Dec ’23CA$1.58
CA$5.69
+260.0%
34.8%CA$9.00CA$3.75CA$1.754
Nov ’23CA$1.23
CA$5.88
+377.6%
30.9%CA$9.00CA$4.50CA$1.294

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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