How does A1G's PB Ratio compare to its peers?

A1G is good value based on its Price-To-Book Ratio (2.7x) compared to the peer average (4.6x).

How does A1G's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

A1G is expensive based on its Price-To-Book Ratio (2.7x) compared to the Australian Metals and Mining industry average (1.1x).

What is A1G's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate A1G's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of A1G when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate A1G's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

African Gold (ASX:A1G) - Stock Price, News & Analysis

A1G Stock Overview

Engages in acquiring, exploring, evaluating, and exploiting mineral resource projects in Africa. More details

A1G fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 30% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$0)

Highly volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

African Gold Limited Competitors

Alicanto Minerals

ASX:AQI

AU$25.4m

Falcon Metals

ASX:FAL

AU$23.9m

Amani Gold

ASX:ANL

AU$25.1m

Great Boulder Resources

ASX:GBR

AU$39.1m

Price History & Performance

Summary of all time highs, changes and price drops for African Gold
Historical stock prices
Current Share Price	AU$0.055
52 Week High	AU$0.11
52 Week Low	AU$0.02
Beta	1.37
11 Month Change	-38.20%
3 Month Change	71.88%
1 Year Change	83.33%
33 Year Change	-73.17%
5 Year Change	-69.44%
Change since IPO	-81.67%

Recent updates

Will African Gold (ASX:A1G) Spend Its Cash Wisely?

Sep 08

Shareholder Returns

	A1G	AU Metals and Mining	AU Market
7D	-12.7%	1.6%	0.9%
1Y	83.3%	-10.8%	18.4%

Return vs Industry: A1G exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: A1G exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is A1G's price volatile compared to industry and market?
A1G volatility
A1G Average Weekly Movement	32.8%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: A1G's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: A1G's weekly volatility has increased from 24% to 33% over the past year.

About the Company

Founded	Employees	CEO	Website
2018	n/a	Adam Oehlman	www.african-gold.com

African Gold Limited, together with its subsidiaries, engages in acquiring, exploring, evaluating, and exploiting mineral resource projects in Africa. It explores for gold, nickel, cobalt, copper, caesium, lithium, tantalum, and beryllium deposits. The company’s flagship project is the Didievi gold project located in Côte d’Ivoire.

African Gold Limited Fundamentals Summary

How do African Gold's earnings and revenue compare to its market cap?
A1G fundamental statistics
Market cap	AU$19.74m
Earnings (TTM)	-AU$5.42m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.6x

P/E Ratio

Is A1G overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A1G income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$5.42m
Earnings	-AU$5.42m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.015
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	5.9%

How did A1G perform over the long term?

See historical performance and comparison

A1G Stock Overview

Risk Analysis

African Gold Limited Competitors

ASX:AQI

AU$25.4m

ASX:FAL

AU$23.9m

ASX:ANL

AU$25.1m

ASX:GBR

AU$39.1m

Price History & Performance

Recent News & Updates

African Gold Limited Announces Executive Changes

African Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.096188 million.

New major risk - Shareholder dilution

New major risk - Share price stability

African Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2.097076 million.

African Gold Limited, Annual General Meeting, May 31, 2024

Recent updates

African Gold Limited Announces Executive Changes

African Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.096188 million.

New major risk - Shareholder dilution

New major risk - Share price stability

African Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2.097076 million.

African Gold Limited, Annual General Meeting, May 31, 2024

African Gold Ltd Announces Simon Bolster Resigns as Non-Executive Director

African Gold Limited, Annual General Meeting, Feb 20, 2024

New minor risk - Share price stability

African Gold Ltd Announces the Results of Recent Auger Drilling Campaign on the Didievi Project, Cote D'ivoire

African Gold Limited Commences Drilling on Syama Jv with Resolute Mining

African Gold Limited Announces Exploration on the Agboville Project

No independent directors

African Gold Ltd Reports the Results from the Past Two Exploration Programs by the Company on the Didievi Project in Côte D'ivoire Have Confirmed and Expanded on the Previous Drill Results from the Project

African Gold Limited Reports Drilling from Drill Program At Blaffo Gueto Prospect At the Didievi Gold Project

African Gold Limited Announces Executive Changes

African Gold Ltd Provides Results from the Recent Trenching, Soil Sampling and Diamond Drilling Programs at the Didievi Gold Project in Central Cote d'Ivoire

African Gold Limited Announces Auger Drilling & Soil Geochemistry Define Targets At Walia Gold Project, West Mali

African Gold Limited, Annual General Meeting, May 31, 2022

No independent directors

African Gold Limited Announces Drilling Programs Underway at Didievi Gold Project

African Gold Limited Announces High Grade Gold Intercept At Pranoi and New Gold Discovery AT GCH2

Will African Gold (ASX:A1G) Spend Its Cash Wisely?

African Gold Limited Announces Board Changes

New 90-day high: AU$0.27

New 90-day high: AU$0.20

African Gold Limited Announces Board Appointments

Shareholder Returns

Price Volatility

About the Company

African Gold Limited Fundamentals Summary

0.0x

-3.6x

Earnings & Revenue