Added to YB: 2026-10-08
Pitch date: 2026-10-05
PLAN.V [bullish]
Progressive Planet Solutions Inc.
-7.58%
current return
Author Info
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Company Info
Progressive Planet Solutions Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada and the United States.
Market Cap
CAD 37.9M
Pitch Price
CAD 0.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.55
P/E
68.31
EV/Sales
1.74
Sector
Metals and Mining
Category
N/A
Progressive Planet ($PLAN.V) FINS Review
PLAN.V (earnings): Progressive Planet’s record Q1 revenue of $7.3M rose 23.3%, but freight and product mix cut gross margin 410 bps to 34.4%, while net income fell 31% to $1.11M and operations burned $128k. TTM net income of $840k is modest against a $38M market cap, but the $500k Tractor Supply slotting fee, $1.2M one-time mining-asset write-down and PozGlass potential improve the picture. The quarter was enough to maintain a 3.5-star rating; the position is held while looking for reasons to add.
Read full article (4 min)