Added to YB: 2026-05-13
Pitch date: 2026-05-09
PALS.V [bullish]
Paragon Advanced Labs Inc.
-5.56%
current return
Author Info
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Company Info
Paragon Advanced Labs Inc. provides geochemical testing and analysis services to natural resource companies in Canada.
Market Cap
CAD 115.5M
Pitch Price
CAD 3.60
Price Target
12.00 (+253%)
Dividend
N/A
EV/EBITDA
-64.29
P/E
-0.58
EV/Sales
24.21
Sector
Metals and Mining
Category
growth
Paragon Advanced Labs Has Multibagger Potential
PALS.V: PhotonAssay operator w/ 3 units live, 9 more by H1/27. PA faster/safer vs fire assay, growing 53% YOY. 20% of global PA capacity (vs big-4 labs' 25% combined). $8M+ contract drives Q1 rev to $2.2M (+21% seq). EBITDA breakeven at ~$1.5M/mo rev, expected late Q2/Q3. 12 units at 80% util = $110M rev, $66M EBITDA. Trades 5.8x 2027E EV/EBITDA vs Chrysos 13.8x. McEwen 27% owner. PT: $8 (13x 2027E EBITDA, +150% in 12mo).
Read full article (12 min)