Added to YB: 2026-02-27
Pitch date: 2026-02-24
PLAN.V [bullish]
Progressive Planet Solutions Inc.
-7.25%
current return
Author Info
No bio for this author
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 36.9M
Pitch Price
CAD 0.34
Price Target
0.43 (+32%)
Dividend
N/A
EV/EBITDA
14.27
P/E
13.33
EV/Sales
2.05
Sector
Metals and Mining
Category
growth
Progressive Planet: Positioned for Reacceleration with a $0.43 Price Target
PLAN.V: Clean tech manufacturer of low-carbon cement & agricultural products. Q2 rev $4.96M (-9% YoY) due to planned production shutdown, but backlog +$800K signals deferred not lost sales. Record $2.7M Oct purchase orders, expanded to 2,400+ US retail locations. Q3 est $6.5-7.5M rev (+36-57% YoY), $1.2-1.4M adj EBITDA. Trading 7.5x EV/EBITDA, 1.5x EV/Sales. Price target $0.43 (10x EBITDA). NBV/share improved $0.13→$0.15. Automation upgrades complete, ag sales rebounding.
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