Second Shaft And New Streams Will Drive Long Term Cash Flow Expansion

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

10 Dec 25

Views

10 Dec

CA$45.75

AnalystConsensusTarget's Fair Value

CA$62.18

26.4% undervalued

30.8%

-11.3%

30.8%

-11.3%

Author's Valuation

CA$62.1826.4% undervalued

AnalystConsensusTarget Fair Value

Valuator

Company Info

Notes

AnalystConsensusTarget Fair Value

CA$62.18

26.4% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

Decrease

Increase

Forecast revenue growth rate

13.44%

Historical revenue growth rate

9.26%

Metals and Mining revenue growth rate

60.37%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

7.67%

Calculation

US$336.71m

Earnings '28

31.57x

PE Ratio '28

US$10.63b

Market Cap '28

US$10.63b

Market Cap '28

192.59m

No. shares '28

US$55.20

Share Price '28

US$55.20 Share Price '28

Discounted to 2025 @ 7.13% p.a.

US$44.89

Fair Value '25

US$44.89 Fair Value '25

Converted to CAD @ 1.3851 USD/CAD Exchange Rate

CA$62.18

Fair Value '25