Golden Mile Resources Limited

CHIA:G88 Stock Report

Market Cap: AU$4.1m

Golden Mile Resources Valuation

Is G88 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 G88 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate G88's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate G88's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for G88?

Key metric: As G88 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 G88. This is calculated by dividing G88's market cap by their current book value.
What is G88's PB Ratio?
PB Ratio0.7x
BookAU$6.23m
Market CapAU$4.11m

Price to Book Ratio vs Peers

How does G88's PB Ratio compare to its peers?

The above table shows the PB ratio for G88 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.8x
BPM BPM Minerals
0.8xn/aAU$5.3m
QXR QX Resources
0.8xn/aAU$5.1m
CUS Copper Search
1xn/aAU$4.3m
GED Golden Deeps
0.3xn/aAU$3.9m
G88 Golden Mile Resources
0.7xn/aAU$4.1m

Price-To-Book vs Peers: G88 is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does G88's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

15 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$32.29m
JRV Jervois Global
0.1xn/aUS$17.55m
ADN Andromeda Metals
0.2x25.5%US$15.57m
CTO Citigold
0.2xn/aUS$9.74m
G88 0.7xIndustry Avg. 1.1xNo. of Companies89PB00.81.62.43.24+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: G88 is good value based on its Price-To-Book Ratio (0.7x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is G88'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.

G88 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate G88'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?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Incitec Pivot

AU$6.0b

Manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia and the United State.

IPL

AU$3.19

7D

1.3%

1Y

11.7%

Aurelia Metals

AU$304.5m

Engages in the exploration and production of mineral properties in Australia.

AMI

AU$0.17

7D

0%

1Y

66.7%

Nufarm

AU$1.5b

Develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific.

NUF

AU$3.95

7D

-5.0%

1Y

-14.9%