Chalice Mining Limited

CHIA:CHN Stock Report

Market Cap: AU$527.1m

Chalice Mining Valuation

Is CHN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate CHN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CHN's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CHN?

Key metric: As CHN is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for CHN. This is calculated by dividing CHN's market cap by their current book value.
What is CHN's PB Ratio?
PB Ratio3.2x
BookAU$162.79m
Market CapAU$527.13m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for CHN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average6.7x
LRS Latin Resources
4.7x-32.1%AU$490.2m
INR ioneer
1.5x-16.5%AU$494.7m
SVM Sovereign Metals
14.2x-11.9%AU$488.9m
BRE Brazilian Rare Earths
6.2x44.5%AU$609.0m
CHN Chalice Mining
3.2x8.5%AU$527.1m

Price-To-Book vs Peers: CHN is good value based on its Price-To-Book Ratio (3.2x) compared to the peer average (6.7x).

Price to Book Ratio vs Industry

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

16 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$32.32m
JRV Jervois Global
0.1xn/aUS$19.32m
ADN Andromeda Metals
0.2x25.5%US$15.59m
CTO Citigold
0.1xn/aUS$7.80m
CHN 3.2xIndustry Avg. 1.1xNo. of Companies92PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CHN is expensive based on its Price-To-Book Ratio (3.2x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is CHN'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.

CHN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.2x
Fair PB Ration/a

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

Analyst Price Targets

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

The above table shows the analyst CHN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.36
AU$2.36
+74.2%
62.5%AU$5.15AU$0.80n/a5
Nov ’25AU$1.81
AU$2.36
+30.7%
62.5%AU$5.15AU$0.80n/a5
Oct ’25AU$1.52
AU$2.35
+55.1%
63.4%AU$5.15AU$0.80n/a5
Sep ’25AU$1.10
AU$2.35
+114.6%
63.4%AU$5.15AU$0.80n/a5
Aug ’25AU$1.18
AU$2.35
+99.2%
63.4%AU$5.15AU$0.80n/a5
Jul ’25AU$1.58
AU$2.34
+48.1%
61.3%AU$5.00AU$0.80n/a5
Jun ’25AU$1.66
AU$2.41
+45.2%
65.9%AU$5.40AU$0.80n/a5
May ’25AU$1.17
AU$2.39
+104.3%
66.5%AU$5.40AU$0.80n/a5
Apr ’25AU$1.09
AU$2.34
+115.9%
63.3%AU$5.40AU$0.90n/a7
Mar ’25AU$1.16
AU$2.34
+102.0%
63.3%AU$5.40AU$0.90n/a7
Feb ’25AU$1.03
AU$2.63
+155.8%
52.7%AU$5.40AU$0.90n/a7
Jan ’25AU$1.69
AU$2.94
+73.7%
40.4%AU$5.40AU$1.50n/a7
Dec ’24AU$1.40
AU$2.96
+111.7%
39.7%AU$5.40AU$1.50n/a7
Nov ’24AU$1.96
AU$3.37
+72.0%
49.0%AU$7.10AU$1.50AU$1.817
Oct ’24AU$2.31
AU$3.39
+46.6%
48.5%AU$7.10AU$1.50AU$1.527
Sep ’24AU$3.30
AU$6.56
+98.9%
25.0%AU$9.20AU$3.45AU$1.107
Aug ’24AU$6.00
AU$7.57
+26.1%
20.7%AU$10.00AU$6.00AU$1.186
Jul ’24AU$6.30
AU$7.97
+26.5%
26.4%AU$12.00AU$6.00AU$1.586
Jun ’24AU$7.06
AU$8.34
+18.2%
26.5%AU$12.00AU$6.00AU$1.665
May ’24AU$7.85
AU$8.34
+6.2%
26.5%AU$12.00AU$6.00AU$1.175
Apr ’24AU$7.48
AU$7.54
+0.8%
27.6%AU$11.10AU$5.00AU$1.095
Mar ’24AU$6.40
AU$7.93
+23.8%
27.3%AU$11.10AU$5.00AU$1.164
Feb ’24AU$6.34
AU$7.93
+25.0%
27.3%AU$11.10AU$5.00AU$1.034
Jan ’24AU$6.31
AU$8.20
+30.0%
21.0%AU$11.10AU$6.60AU$1.694
Dec ’23AU$5.58
AU$8.00
+43.5%
22.8%AU$11.10AU$6.50AU$1.404
Nov ’23AU$4.25
AU$8.00
+88.5%
22.8%AU$11.10AU$6.50AU$1.964

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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