Prime Mining (DB:O4V3) - Stock Price, News & Analysis

O4V3 Stock Overview

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

O4V3 fundamental analysis
Snowflake Score
Valuation	2/6
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

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

Highly volatile share price over the past 3 months compared to the German market

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

Significant insider selling over the past 3 months

+ 2 more risks

Prime Mining Corp. Competitors

Greenland Resources

DB:M0LY

€69.4m

Eisen- und Hüttenwerke

DB:EIS

€202.4m

IberAmerican Lithium

DB:W2C

€821.3k

Pasinex Resources

DB:PNX

€1.4m

Price History & Performance

Summary of all time highs, changes and price drops for Prime Mining
Historical stock prices
Current Share Price	CA$0.97
52 Week High	CA$1.67
52 Week Low	CA$0.85
Beta	2
11 Month Change	-29.86%
3 Month Change	-12.16%
1 Year Change	-5.71%
33 Year Change	-69.10%
5 Year Change	n/a
Change since IPO	-99.40%

Recent updates

Shareholder Returns

	O4V3	DE Metals and Mining	DE Market
7D	-5.3%	-2.5%	0.8%
1Y	-5.7%	-27.1%	8.6%

Return vs Industry: O4V3 exceeded the German Metals and Mining industry which returned -26.8% over the past year.

Return vs Market: O4V3 underperformed the German Market which returned 9.1% over the past year.

Price Volatility

Is O4V3's price volatile compared to industry and market?
O4V3 volatility
O4V3 Average Weekly Movement	13.1%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: O4V3's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: O4V3's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of German stocks.

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?
O4V3 fundamental statistics
Market cap	€146.54m
Earnings (TTM)	-€16.08m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.8x

P/E Ratio

Is O4V3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
O4V3 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 O4V3 perform over the long term?

See historical performance and comparison

O4V3 Stock Overview

Rewards

Risk Analysis

Prime Mining Corp. Competitors

DB:M0LY

€69.4m

DB:EIS

€202.4m

DB:W2C

€821.3k

DB:PNX

€1.4m

Price History & Performance

Recent News & Updates

New minor risk - Financial position

Independent Chairman recently sold €313k worth of stock

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

New minor risk - Shareholder dilution

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

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

Recent updates

New minor risk - Financial position

Independent Chairman recently sold €313k worth of stock

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

New minor risk - Shareholder dilution

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

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

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

Technical Advisor & Director recently sold €80k 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

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 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

Prime Mining Corp. Announces Board Changes

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

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

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

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 €189k worth of stock

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

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

Insider recently bought €1.8m 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

High number of new and inexperienced directors

Insider recently bought €2.0m worth of stock

Prime Mining Corp. Announces Continuing Positive Drill Results from 26 Drill Holes into Guadalupe East

Prime Mining Corp. Appoints Ms. Chantal Gosselin to the Board of Directors

Prime Expands Mineralization At Zapote South 42.7 Metre Intercept of 2.38 Gpt Gold and 43.4 Gpt Silver 200 Metres Below Current Resource Pit

Prime Mining Corp. Announces Continuing Positive Drill Results from A Key Drill Hole At Guadalupe East

Prime Mining Corp. Reports First Results from Guadalupe West and Provides Progress Update At Guadalupe East

Prime Mining Corp. Announces New Drill Results That Continue to Expand Known Mineralized Structures At Its Wholly-Owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico

Prime Mining Corp. Announces New Drill Results from Its Wholly-Owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico

Prime Mining Corp. Announces Exploration Update

Insider recently bought €2.8m worth of stock

Prime Mining Corp. Announces Continuing Positive Phase 1 Drill Results from Los Reyes Gold-Silver Project in Sinaloa State, Mexico

Insider recently bought €1.1m worth of stock

Prime Mining Corp. Discovers Gold-Silver Zones in San Miguel East Pit-Constrained Resource and Near-Surface Mineralization At Las Primas

Insider recently bought €1.0m worth of stock