Prime Mining Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: PRMN.F ($1.41) is trading below our estimate of fair value ($16.98)

Significantly Below Fair Value: PRMN.F is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRMN.F?

Other financial metrics that can be useful for relative valuation.

PRMN.F key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-10.7x
PEG Ration/a

Price to Book Ratio vs Peers

How does PRMN.F's PB Ratio compare to its peers?

The above table shows the PB ratio for PRMN.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average15.7x
IDR Idaho Strategic Resources
9.3x36.7%US$238.2m
REEM.F Rare Element Resources
6.2xn/aUS$206.0m
USGO U.S. GoldMining
9.2xn/aUS$117.0m
EUBG Entrepreneur Universe Bright Group
38xn/aUS$372.0m
PRMN.F Prime Mining
7.9x53.6%US$304.4m

Price-To-Book vs Peers: PRMN.F is good value based on its Price-To-Book Ratio (7.9x) compared to the peer average (15.6x).


Price to Earnings Ratio vs Industry

How does PRMN.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.8%
n/an/an/a
No. of CompaniesPB048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.8%
n/an/an/a
No more companies

Price-To-Book vs Industry: PRMN.F is expensive based on its Price-To-Book Ratio (7.9x) compared to the US Metals and Mining industry average (1.7x).


Price to Book Ratio vs Fair Ratio

What is PRMN.F'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.

PRMN.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio7.9x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PRMN.F'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 PRMN.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1.41
US$3.02
+114.0%
14.5%US$3.42US$2.16n/a6
Oct ’25US$1.20
US$3.05
+154.8%
14.7%US$3.54US$2.23n/a6
Sep ’25US$1.20
US$2.82
+134.8%
20.1%US$3.48US$2.02n/a6
Aug ’25US$1.32
US$2.82
+114.3%
20.1%US$3.48US$2.02n/a6
Jul ’25US$1.30
US$2.82
+117.4%
20.1%US$3.48US$2.02n/a6
Jun ’25US$1.64
US$2.82
+71.6%
20.1%US$3.48US$2.02n/a6
May ’25US$1.58
US$2.96
+86.8%
17.0%US$3.48US$2.12n/a5
Apr ’25US$1.59
US$2.90
+82.6%
16.5%US$3.50US$2.14n/a5
Mar ’25US$1.70
US$2.90
+70.7%
20.9%US$3.52US$1.96n/a4
Feb ’25US$1.69
US$2.91
+72.2%
20.9%US$3.53US$1.97n/a4
Jan ’25US$1.12
US$2.94
+164.1%
22.3%US$3.70US$1.96n/a4
Dec ’24US$1.26
US$2.88
+129.6%
22.3%US$3.62US$1.92n/a4
Nov ’24US$0.94
US$2.87
+205.7%
22.3%US$3.62US$1.92n/a4
Oct ’24US$0.88
US$3.10
+251.2%
19.9%US$3.69US$2.25US$1.204
Sep ’24US$1.15
US$3.10
+169.6%
19.9%US$3.69US$2.25US$1.204
Aug ’24US$1.35
US$3.94
+192.7%
38.9%US$6.80US$2.30US$1.325
Jul ’24US$1.33
US$3.85
+189.2%
38.9%US$6.64US$2.25US$1.305
Jun ’24US$1.56
US$3.85
+146.0%
38.9%US$6.64US$2.25US$1.645
May ’24US$1.65
US$3.85
+133.1%
38.9%US$6.64US$2.25US$1.585
Apr ’24US$1.86
US$3.83
+105.7%
40.2%US$6.69US$2.23US$1.595
Mar ’24US$1.50
US$3.83
+155.1%
40.2%US$6.69US$2.23US$1.705
Feb ’24US$1.59
US$4.24
+167.2%
34.8%US$6.70US$2.79US$1.694
Jan ’24US$1.39
US$4.34
+212.1%
37.8%US$6.60US$2.75US$1.123
Dec ’23US$1.18
US$4.27
+261.4%
34.8%US$6.75US$2.81US$1.264
Nov ’23US$0.89
US$4.32
+388.0%
30.9%US$6.62US$3.31US$0.944
Oct ’23US$0.96
US$4.53
+370.8%
30.1%US$6.86US$3.43US$0.884

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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