Prime Meridian Resources Corp. engages in the development, evaluation, and exploration of resource properties. It primarily explores for palladium, platinum, copper, nickel, and gold deposits. The company holds 100% interest in the Kelly project covering an area of 2,365 hectares located in the Sudbury, Ontario, Canada. It also has an option to acquire a 100% interest in 13,100 hectares in the Pakwash and Bluffy Lake areas of the southern region of the Red Lake gold district in Ontario. Prime Meridian Resources Corp. is headquartered in Vancouver, Canada.
Research context
Prime Meridian Resources Corp appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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5 years, 6 months ago
Prime Meridian Resources Corp is currently in a long term downtrend where the price is trading 25.0% below its 200 day moving average.
From a valuation standpoint, the stock is 97.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 11.1.
Prime Meridian Resources Corp's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 66.0% to $-156K since the same quarter in the previous year.
Finally, its free cash flow grew by 80.5% to $-70K since the same quarter in the previous year.
Based on the above factors, Prime Meridian Resources Corp gets an overall score of 3/5.