Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
P2 Gold Inc. operates as an emerging mining firm, dedicated to securing, exploring, and developing mineral assets throughout Canada and the United States. Its core exploration activities target deposits rich in gold, copper, silver, lead, and zinc. The company's portfolio includes a significant interest in the Gabbs project in Nevada, encompassing 3,300 hectares across 421 unpatented and one patented lode mining claims, as well as the Silver Reef project, which covers roughly 23,000 hectares. Additionally, P2 Gold holds rights to the BAM property, consisting of ten mineral tenures totaling approximately 8,100 hectares, and the Lost Cabin property in Lake County, Oregon, which features 106 unpatented lode mining claims over an expanse of about 2,190 acres. Incorporated in 2017, the company initially operated as Central Timmins Exploration Corp. before rebranding to P2 Gold Inc. in August 2020, with its main office situated in Vancouver, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks.
Target Price
The average target price of PGLD.V is 0.96 and suggests 27.8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to