Xcite Resources Inc.

CNSX:XRI Stock Report

Market Cap: CA$2.9m

Xcite Resources Valuation

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

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

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

Key Valuation Metric

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

Key metric: As XRI 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 XRI. This is calculated by dividing XRI's market cap by their current book value.
What is XRI's PB Ratio?
PB Ratio11.4x
BookCA$235.78k
Market CapCA$2.94m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for XRI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.4x
TRU TRU Precious Metals
1.5xn/aCA$2.5m
KES Kesselrun Resources
0.4xn/aCA$3.3m
CGD Carlin Gold
0.8xn/aCA$3.2m
KGC Kestrel Gold
2.7xn/aCA$3.2m
XRI Xcite Resources
11.4xn/aCA$2.9m

Price-To-Book vs Peers: XRI is expensive based on its Price-To-Book Ratio (11.4x) compared to the peer average (1.4x).

Price to Book Ratio vs Industry

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

87 CompaniesPrice / BookEstimated GrowthMarket Cap
S Sherritt International
0.1xn/aUS$49.43m
WM Wallbridge Mining
0.2xn/aUS$46.78m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$26.05m
XRI 11.4xIndustry Avg. 1.4xNo. of Companies163PB01.22.43.64.86+
87 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: XRI is expensive based on its Price-To-Book Ratio (11.4x) compared to the Canadian Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is XRI'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.

XRI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio11.4x
Fair PB Ration/a

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

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