Added to YB: 2026-01-02
Pitch date: 2025-12-24
PLAN.V [neutral]
Progressive Planet Solutions Inc.
+1.45%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
Company Info
Progressive Planet Solutions Inc., together with its subsidiaries, primarily engages in the acquisition and exploration of mineral properties in Canada and the United States.
Market Cap
CAD 38.4M
Pitch Price
CAD 0.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.79
P/E
13.93
EV/Sales
2.12
Sector
Metals and Mining
Category
growth
Progressive Planet ($PLAN.V) FINS Review
PLAN.V (earnings): Q2 revenue down 9.2% to $4.96M due to planned production line shutdowns for upgrades. Gross margin declined 50bps to 38.1%. Strong balance sheet with $2.8M cash, 2.5x current ratio. YTD operational cash flow up 49% to $2M. Record purchase orders in Q2. $1.2M writedown coming Q3. 30% insider ownership, 109.8M shares outstanding.
Read full article (5 min)