GoviEx Uranium Inc.

TSXV:GXU Stock Report

Market Cap: CA$32.5m

GoviEx Uranium Valuation

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

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

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

Key Valuation Metric

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

Key metric: As GXU 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 GXU. This is calculated by dividing GXU's market cap by their current book value.
What is GXU's PB Ratio?
PB Ratio4.4x
BookUS$5.14m
Market CapUS$22.71m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for GXU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average6.1x
NF Nuclear Fuels
5.1xn/aCA$36.7m
CTH CoTec Holdings
1.3xn/aCA$46.5m
PUR Premier American Uranium
9.9x86.3%CA$56.4m
M Myriad Uranium
8.2xn/aCA$26.6m
GXU GoviEx Uranium
4.4xn/aCA$32.5m

Price-To-Book vs Peers: GXU is good value based on its Price-To-Book Ratio (4.4x) compared to the peer average (16.1x).

Price to Book Ratio vs Industry

How does GXU's PB Ratio compare vs other companies in the CA Oil and Gas Industry?

7 CompaniesPrice / BookEstimated GrowthMarket Cap
YGR Yangarra Resources
0.2xn/aUS$71.74m
LCFS Tidewater Renewables
0.2x108.2%US$19.06m
RHC.H Royal Helium
0.2xn/aUS$4.99m
BNG Bengal Energy
0.2xn/aUS$3.39m
GXU 4.4xIndustry Avg. 1.2xNo. of Companies22PB00.81.62.43.24+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GXU is expensive based on its Price-To-Book Ratio (4.4x) compared to the Canadian Oil and Gas industry average (1.2x).

Price to Book Ratio vs Fair Ratio

What is GXU'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.

GXU PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GXU'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 GXU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$0.04
CA$0.23
+462.5%
11.1%CA$0.25CA$0.20n/a2
Jan ’26CA$0.05
CA$0.30
+500.0%
13.6%CA$0.35CA$0.25n/a3
Dec ’25CA$0.058
CA$0.30
+421.7%
13.6%CA$0.35CA$0.25n/a3
Nov ’25CA$0.075
CA$0.30
+300.0%
13.6%CA$0.35CA$0.25n/a3
Oct ’25CA$0.085
CA$0.30
+252.9%
13.6%CA$0.35CA$0.25n/a3
Sep ’25CA$0.05
CA$0.30
+500.0%
13.6%CA$0.35CA$0.25n/a3
Aug ’25CA$0.055
CA$0.30
+445.5%
13.6%CA$0.35CA$0.25n/a3
Jul ’25CA$0.08
CA$0.50
+525.0%
32.7%CA$0.70CA$0.30n/a3
Jun ’25CA$0.10
CA$0.50
+376.2%
32.7%CA$0.70CA$0.30n/a3
May ’25CA$0.085
CA$0.50
+488.2%
32.7%CA$0.70CA$0.30n/a3
Apr ’25CA$0.13
CA$0.73
+464.1%
6.4%CA$0.80CA$0.70n/a3
Mar ’25CA$0.17
CA$0.73
+344.4%
6.4%CA$0.80CA$0.70n/a3
Jan ’25CA$0.15
CA$0.63
+316.7%
4.0%CA$0.65CA$0.60CA$0.052
Dec ’24CA$0.18
CA$0.63
+237.8%
4.0%CA$0.65CA$0.60CA$0.0582
Nov ’24CA$0.17
CA$0.63
+257.1%
4.0%CA$0.65CA$0.60CA$0.0752
Oct ’24CA$0.18
CA$0.63
+237.8%
4.0%CA$0.65CA$0.60CA$0.0852
Sep ’24CA$0.14
CA$0.63
+363.0%
4.0%CA$0.65CA$0.60CA$0.052
Aug ’24CA$0.12
CA$0.63
+443.5%
4.0%CA$0.65CA$0.60CA$0.0552
Jul ’24CA$0.13
CA$0.63
+380.8%
4.0%CA$0.65CA$0.60CA$0.082
Jun ’24CA$0.14
CA$0.63
+331.0%
4.0%CA$0.65CA$0.60CA$0.102
Apr ’24CA$0.21
CA$0.66
+207.0%
9.1%CA$0.72CA$0.60CA$0.132
Mar ’24CA$0.21
CA$0.67
+213.2%
7.8%CA$0.72CA$0.60CA$0.173
Feb ’24CA$0.23
CA$0.67
+186.5%
7.8%CA$0.72CA$0.60CA$0.213
Analyst Price Target
Consensus Narrative from 2 Analysts
CA$0.23
Fair Value
82.2% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/05 02:40
End of Day Share Price 2025/02/05 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GoviEx Uranium Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin ChanSCP Resource Finance LP