Palamina Corp. - PA.V

PA.V Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
PA.V	0	3.8	-48.1	-20.6	-3.6	42.1	-50	-35.7	22.7	22.7
S&P 500	0.4	-1.2	0.9	5.5	11.6	30.1	25.9	89.6	188.8	33405.0

Compare PA.V with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	PA.V
name	Palamina Corp.
price	0.14
changes percentage	0
change	0
day low	0.14
day high	0.14
year high	0.29
year low	0.09
market cap	9623448
price avg 50	0.19
price avg 200	0.15
exchange	TSXV
volume	10000
avg volume	78126
open	0.14
previous close	0.14
eps	0.02
pe	6.75
earnings announcement	None
shares outstanding	71284800
timestamp	2024-11-19 14:30:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 52.7%

Overall Quarterly Financial Health: 15.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-8005	-8168	2.00
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1561141	2267246	-31.14
interest income	1.3	6417	-99.98
interest expense	0	2189	-100.00
ebitda	-1397479	-2081022	32.85
ebitdaratio	0	0	NaN
operating income	-1561141	-2259983	30.92
operating income ratio	0	0	NaN
net income	2272.74	-2392547	100.09
net income ratio	0	0	NaN
eps	0	-0.04	100.00

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	0.0	0	NaN
gross profit	-4093	-1882	-117.48
gross profit ratio	-9000602184974336	0	NaN
research and development expenses	0	0	NaN
operating expenses	830712	298974	177.85
interest income	22975	23491	-2.20
interest expense	468	480	-2.50
ebitda	-812177	-277333	-192.85
ebitdaratio	-1785996110624456704	0	NaN
operating income	-791336	-300860	-163.02
operating income ratio	-1740166266955497472	0	NaN
net income	-811156	-329696	-146.03
net income ratio	-1783750907880538112	0	NaN
eps	-0.01	-0.0	-147.83

Overall Score of Quarterly Income Statement

None

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	3710997	306092	1,112.38
total liabilities	768004	442569	73.53
total equity	2942993	-136477	2,256.40
cash and cash equivalents	3040172	81302	3,639.36
short term investments	0	0	NaN
long term investments	430407	11114	3,772.66
total current assets	3250821	256674	1,166.52
total non current assets	460176	49418	831.19
total current liabilities	768004	442569	73.53
total non current liabilities	0	0	NaN
common stock	10012858	9457488	5.87
retained earnings	-8131187	-12716031	36.06
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 4 million in 2023 from 0 million in 2022 representing a change of 1112.38%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 3 million in 2023 from 0 million in 2022 representing a change of 2256.4%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 3 million in 2023 from 0 million in 2022 representing a change of 3639.36%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 3 million in 2023 from 0 million in 2022 representing a change of 1166.52%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 10 in 2023 from 9 in 2022 representing a change of 5.87%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to -8 million in 2023 from -13 million in 2022 representing a change of 36.06%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1 million in 2023 from 0 million in 2022 representing a change of 73.53%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2023 from 0 million in 2022 representing a change of 73.53%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	2326079	3081505	-24.51
total liabilities	509909	482535	5.67
total equity	1816170	2598970	-30.12
cash and cash equivalents	1620381	410516	294.72
short term investments	1398869	2009402	-30.38
long term investments	385994	380407	1.47
total current assets	1861948	2671227	-30.30
total non current assets	464131	410277	13.13
total current liabilities	509909	482535	5.67
total non current liabilities	0	0	NaN
common stock	10012858	10012858	0.00
retained earnings	-9272039	-8460883	-9.59
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.12 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 2 million in 2024Q2 from 3 million in 2024Q1 representing a change of -24.51%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 1 million in 2024Q2 from 0 million in 2024Q1 representing a change of 5.67%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 2 million in 2024Q2 from 3 million in 2024Q1 representing a change of -30.12%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 1 million in 2024Q2 from 2 million in 2024Q1 representing a change of -30.38%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 2 million in 2024Q2 from 3 million in 2024Q1 representing a change of -30.3%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2024Q2 from 0 million in 2024Q1 representing a change of 5.67%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -9 million in 2024Q2 from -8 million in 2024Q1 representing a change of -9.59%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 2 million in 2024Q2 from 0 million in 2024Q1 representing a change of 294.72%. This indicates an increase in available liquid assets.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	2958870	-2152007	237.49
operating cash flow	-1270915	-2040926	37.73
free cash flow	-1270920	-2059007	38.28
capital expenditure	-5	-18081	99.97
depreciation and amortization	8005	8168	-2.00
deferred income tax	0	0	NaN
stock based compensation	112296	121575	-7.63
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	-93000	100.00
investments in property plant and equipment	0	-18081	100.00
net cash used for investing activites	3503725	-111081	3,254.21
debt repayment	0	0	NaN
common stock issued	750000	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	726060	0	NaN
cash at end of period	3040172	81302	3,639.36
accounts receivables	0	51238	-100.00
cash at beginning of period	81302	2233309	-96.36

Overall Score of Annual Cashflow Statement

0.83 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 3 million in 2023 from -2 million in 2022 representing a change of 237.49%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to -1 million in 2023 from -2 million in 2022 representing a change of 37.73%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -1 million in 2023 from -2 million in 2022 representing a change of 38.28%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2023 from 0 million in 2022 representing a change of -7.63%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2023 from 0 million in 2022 representing a change of -100.0%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from 0 million in 2022 representing a change of 99.97%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	-748554	-618781	-20.97
free cash flow	-799538	-620253	-28.91
capital expenditure	-50984	-1472	-3,363.59
depreciation and amortization	4093.0	1882	117.48
deferred income tax	0	0	NaN
stock based compensation	31804	0	NaN
accounts receivables	0	-27373	100.00
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-50984	-1472	-3,363.59
net cash used for investing activites	-50984	-1472	-3,363.59
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	0	NaN
net change in cash	-799538	-2629656	69.60
cash at end of period	1620381	410516	294.72
cash at beginning of period	2419919	3040172	-20.40

Overall Score of Quarterly Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -1 million in 2024Q2 from -3 million in 2024Q1 representing a change of 69.6%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -3363.59%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -1 million in 2024Q2 from -1 million in 2024Q1 representing a change of -20.97%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -1 million in 2024Q2 from -1 million in 2024Q1 representing a change of -28.91%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of nan%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from 0 million in 2024Q1 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	0.0	-0.04	100.08
operating cash flow per share	-0.02	-0.03	46.34
free cash flow per share	-0.02	-0.03	46.81
cash per share	0.04	0.0	3,122.32
book value per share	0.04	-0.0	1,958.24
tangible book value per share	0.04	-0.0	1,958.24
shareholders equity per share	0.04	-0.0	1,958.24
interest debt per share	0	0.0	-100.00
market cap	9848800	5222786.88	88.57
enterprise value	6808628	5141484.88	32.43
pe ratio	4333.44	-2.18	198,614.10
price to sales ratio	0	0	NaN
pocfratio	-7.75	-2.56	-202.83
pfcf ratio	-7.75	-2.54	-205.51
pb ratio	3.35	-38.27	108.74
ptb ratio	3.35	-38.27	108.74
ev to sales	0	0	NaN
enterprise value over ebitda	-4.87	-2.47	-97.20
ev to operating cash flow	-5.36	-2.52	-112.66
ev to free cash flow	-5.36	-2.5	-114.54
earnings yield	0.0	-0.46	100.05
free cash flow yield	-0.13	-0.39	67.27
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	2.18	0.04	5,468.37
current ratio	4.23	0.58	629.84
interest coverage	0	-1032.43	100.00
income quality	-0.56	0.85	-165.55
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.0	-0.01	99.96
capex to revenue	0	0	NaN
capex to depreciation	0.0	2.21	-99.97
stock based compensation to revenue	0	0	NaN
graham number	0.01	0.04	-87.67
roic	-0.53	16.58	-103.20
return on tangible assets	0.0	-7.82	100.01
graham net net	0.03	-0.01	654.73
working capital	2482817	-185895	1,435.60
tangible asset value	2942993	-136477	2,256.40
net current asset value	2482817	-185895	1,435.60
invested capital	2512586	-147591	1,802.40
average receivables	9623.5	35181	-72.65
average payables	283481.5	272053.5	4.20
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	24149.09	1668.46	1,347.39
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.02	0.22	-93.09
inventory turnover	0	0	NaN
roe	0.0	17.53	-100.00
capex per share	0.0	0.0	-99.98

• Negative

  ROE: Return on Equity (ROE) decreased to 0.00 on 2023-12-31 from 17.53 on 2022-12-31, representing a change of -100.00%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 4.23 on 2023-12-31 from 0.58 on 2022-12-31, representing a change of 629.84%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 4333.44 on 2023-12-31 from -2.18 on 2022-12-31, representing a change of 198614.10%. Indicating an increase in the relative valuation of the company's stock.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
PA.V
calendar year	2024	2024	NaN
revenue per share	0.0	0	NaN
net income per share	-0.01	-0.0	-146.03
operating cash flow per share	-0.01	-0.01	-20.97
free cash flow per share	-0.01	-0.01	-28.91
cash per share	0.04	0.03	24.77
book value per share	0.03	0.04	-30.12
tangible book value per share	0.03	0.04	-30.12
shareholders equity per share	0.03	0.04	-30.12
interest debt per share	0.0	0.0	-2.50
market cap	9979877.04	8910604.5	12.00
enterprise value	8359496.04	8500088.5	-1.65
pe ratio	-3.08	-6.76	54.48
price to sales ratio	21945981698509460000	0	NaN
pocfratio	-13.33	-14.4	7.42
pfcf ratio	-12.48	-14.37	13.11
pb ratio	5.5	3.43	60.27
ptb ratio	5.5	3.43	60.27
ev to sales	18382726196654854000	0	NaN
enterprise value over ebitda	-10.29	-30.65	66.42
ev to operating cash flow	-11.17	-13.74	18.70
ev to free cash flow	-10.46	-13.7	23.71
earnings yield	-0.08	-0.04	-119.67
free cash flow yield	-0.08	-0.07	-15.09
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	2.0	1.48	34.78
current ratio	3.65	5.54	-34.04
interest coverage	-1690.89	-626.79	-169.77
income quality	0.92	1.88	-50.83
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	96409577569910780	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.07	-0.0	-2,763.12
capex to revenue	112115001661063170	0	NaN
capex to depreciation	12.46	0.78	1,492.59
stock based compensation to revenue	69937735619575810	0	NaN
graham number	0.08	0.06	31.12
roic	-0.43	-0.14	-217.13
return on tangible assets	-0.35	-0.11	-225.93
graham net net	0.04	0.03	29.52
working capital	1352039	2188692	-38.23
tangible asset value	1816170	2598970	-30.12
net current asset value	1352039	2188692	-38.23
invested capital	1430176	2218563	-35.54
average receivables	0	4842.5	-100.00
average payables	251467	20134.5	1,148.94
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	10551.07	1104.44	855.33
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.01	0.08	-89.53
inventory turnover	0	0	NaN
roe	-0.45	-0.13	-252.08
capex per share	0.0	0.0	3,363.59

• Negative

  ROE: Return on Equity (ROE) decreased to -0.45 on 2024-06-30 Q2 from -0.13 on 2024-03-31 Q1, representing a change of -252.08%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 3.65 on 2024-06-30 Q2 from 5.54 on 2024-03-31 Q1, representing a change of -34.04%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -3.08 on 2024-06-30 Q2 from -6.76 on 2024-03-31 Q1, representing a change of 54.48%. Indicating an increase in the relative valuation of the company's stock.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.0 which is lower than current price 0.14, indicates the company may be overvalued.