P2 Gold Inc. (PGLD.V) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-99.1%

CA$0.01

vs CA$1.21 price

Levered DCF

CA$0.01

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

76.63

Safe zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-11.3×	1.81×	-2.96×	-1.47×	-1.21×	-1.54×	-1×	-7.09×
P/B	50.01×	-3.39×	-1.41×	-1.94×	-7.53×	4.41×	2.49×	3.9×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-24.59×	2.17×	-2.29×	-1.2×	-0.94×	-1.21×	-0.5×	-4.32×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	1.25×	0.23×	0.14×	0.18×	1.17×	15.76×	4.3×	4.27×
Debt / equity	3.29×	-1.07×	-0.06×	-0.01×	-0.06×	0×	0.09×	0×
Interest coverage	-43.74×	-8.95×	-6.5×	-306.42×	-884.85×	-3,411.26×	-251.9×	-186.06×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-442.8%	-187.8%	47.6%	131.6%	615.8%	-287.7%	-253.5%	-54.7%
Return on invested capital	-50.8%	-682.4%	1060.9%	150.4%	-1581.6%	-299.0%	-277.6%	-61.5%
Return on assets	-90.7%	605.6%	-1434.8%	-536.1%	-324.0%	-269.4%	-196.4%	-41.9%
Free cash flow yield	-2.6%	-21.9%	-35.7%	-70.4%	-23.0%	-54.9%	-112.6%	-21.7%
Earnings yield	-8.9%	55.4%	-33.8%	-68.0%	-81.7%	-65.2%	-101.7%	-14.0%
Enterprise value	CA$111.6M	CA$9.3M	CA$13.7M	CA$17.7M	CA$26M	CA$6.1M	CA$759.4K	CA$4.4M
Net debt / EBITDA	0.53×	0.43×	-0.08×	0.09×	0.27×	0.33×	0.35×	2.04×
Cash conversion cycle (days)	-10,881	-459	-725	-861	-1,095	-1,250	-474	0