High Tide Resources Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

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

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

Key Valuation Metric

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

Key metric: As HTRC 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 HTRC. This is calculated by dividing HTRC's market cap by their current book value.
What is HTRC's PB Ratio?
PB Ratio	-2.7x
Book	-CA$429.43k
Market Cap	CA$1.18m

HTRC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for HTRC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	12.2x
CNT Century Global Commodities	0.2x	n/a	CA$3.0m
CAF Canaf Investments	1.2x	n/a	CA$13.8m
MOX Morien Resources	46.7x	n/a	CA$13.3m
FEO Oceanic Iron Ore	0.6x	n/a	CA$19.3m
HTRC High Tide Resources	n/a	n/a	CA$1.2m

Price-To-Book vs Peers: HTRC has negative equity and a Price-To-Book Ratio (-2.7x) compared to the peer average (12.2x).

Price to Book Ratio vs Industry

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

79 Companies	Price / Book	Estimated Growth	Market Cap
WM Wallbridge Mining	0.2x	n/a	US$50.67m
S Sherritt International	0.1x	n/a	US$49.42m
NCU Nevada Copper	0.1x	n/a	US$31.56m
VGCX Victoria Gold	0.06x	n/a	US$24.21m

79 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: HTRC has negative equity and a Price-To-Book Ratio (-2.7x) compared to the Canadian Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is HTRC'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.

HTRC PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	-2.7x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate HTRC'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.