Added to YB: 2026-10-09
Pitch date: 2026-10-05
PALS.V [bullish]
Paragon Advanced Labs Inc.
-5.93%
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 95.5M
Pitch Price
CAD 2.70
Price Target
14.25 (+463%)
Dividend
N/A
EV/EBITDA
-35.09
P/E
-3.30
EV/Sales
20.33
Sector
Metals and Mining
Category
turnaround
We Are Now Fully Focused on Multibaggers - Paragon Advanced Labs Inc.
PALS.V (hold): The mineral-testing lab has improving unit economics, including a 64.6% contribution margin and an 84-point gross-margin swing to positive, but no management-stated route to operating profit. A 4–5x outcome from C$2.85 implies C$11.40–14.25; even 80% utilization would require fleet expansion or lower opex to reach profit, neither yet targeted. The position stays only if utilization is reported in the MD&A and a profitability path is articulated; SLB conversion is another test.
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