Progressive Planet Solutions Inc. (ASHXF)
Progressive Planet Solutions Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Kamloops, BC, CA. The stock last traded at $0.26, down 2.65% on the session, giving a market capitalisation of $28.3M. On trailing twelve-month figures it carries a trailing P/E of 18.98, a net margin of 9.7%. Its beta of 0.93 implies it has historically moved less than the broad market.
Progressive Planet Solutions Inc., a Canadian company incorporated in 2006 and headquartered in Kamloops, primarily focuses on the acquisition and exploration of mineral resources across Canada, with a particular emphasis on natural pozzolan deposits. The company's asset portfolio includes a 100% ownership stake in the Z1 Zeolite mine, located three kilometers northeast of Cache Creek, British Columbia. It also holds various interests in the Z3 Heffley property in Heffley Creek, British Columbia, and the Z2 Zeolite property situated near Falkland, British Columbia. Beyond its resource development activities, Progressive Planet is dedicated to sustainable innovations. This includes converting post-consumer glass into low-carbon cement and producing a range of mineral-based goods derived from diatomaceous earth, zeolite, and bentonite for agricultural, industrial, and consumer markets. Furthermore, the company is actively developing technologies aimed at carbon dioxide sequestration and overall carbon footprint reduction. Its branded industrial mineral offerings encompass CanDry industrial absorbents, WunderCat cat litter sold to retailers, and Activated Barn Fresh, an animal husbandry/agtech product designed to neutralize ammonia in chicken barns, thereby enhancing air quality for poultry.
Progressive Planet Solutions Inc. is most often compared with the following Basic Materials names: