Analysts Offer Predictions for Parallel Mining FY2026 Earnings

Parallel Mining Corp. (CVE:PAL) – Clarus Securities issued their FY2026 EPS estimates for shares of Parallel Mining in a report released on Tuesday, April 7th. Clarus Securities analyst S. Kammermayer anticipates that the company will post earnings per share of $0.24 for the year. Clarus Securities has a “Strong-Buy” rating on the stock. Clarus Securities also issued estimates for Parallel Mining’s Q4 2026 earnings at $0.03 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.11 EPS, Q4 2027 earnings at $0.10 EPS and FY2027 earnings at $0.50 EPS.

Parallel Mining Price Performance

Shares of Parallel Mining stock opened at C$0.15 on Wednesday. The stock has a market capitalization of C$3.02 million and a price-to-earnings ratio of -1.53. The firm’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.15. The company has a current ratio of 0.81, a quick ratio of 0.48 and a debt-to-equity ratio of 78.11. Parallel Mining has a 1-year low of C$0.10 and a 1-year high of C$0.30.

Parallel Mining Company Profile

Parallel Mining Corp. acquires, explores for, develops, exploits, and evaluates base and precious metal properties in Canada and Africa. It holds an option to acquire a 100% interest in the Mane II gold property covering an area of 163 square kilometers located in the Kaya-Goren greenstone belt in Ouagadougou, Burkina Faso. The company was formerly known as Parallel Resources Ltd. and changed its name to Parallel Mining Corp. in December 2011. Parallel Mining Corp. was incorporated in 2007 and is based in Vancouver, Canada.