Monarch Mining (TSX:GBAR) - Stock Price, News & Analysis

GBAR Stock Overview

Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Canada.

About the company

GBAR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Revenue grew by 54% over the past year

Risk Analysis

Does not have a meaningful market cap (CA$1M)

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

Does not have meaningful revenue (CA$3M)

Monarch Mining Corporation Competitors

Central Iron Ore

TSXV:CIO

CA$1.5m

Goldgroup Mining

TSXV:GGA

CA$3.3m

Gold Mountain Mining

TSX:GMTN

CA$24.0m

Jubilee Gold Exploration

TSXV:JUB

CA$3.7m

Price History & Performance

Summary of all time highs, changes and price drops for Monarch Mining
Historical stock prices
Current Share Price	CA$0.005
52 Week High	CA$0.08
52 Week Low	CA$0.005
Beta	1.58
1 Month Change	0%
3 Month Change	-75.00%
1 Year Change	-92.31%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-99.30%

Recent updates

Shareholder Returns

	GBAR	CA Metals and Mining	CA Market
7D	0%	-1.7%	1.2%
1Y	-92.3%	-6.2%	6.1%

Return vs Industry: GBAR underperformed the Canadian Metals and Mining industry which returned -0.8% over the past year.

Return vs Market: GBAR underperformed the Canadian Market which returned 5.1% over the past year.

Price Volatility

Is GBAR's price volatile compared to industry and market?
GBAR volatility
GBAR Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.3%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: GBAR's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine GBAR's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2020	15	Jean-Marc Lacoste	www.monarchmining.com

Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Canada. It owns 143 square kilometers of mining assets, including the Beaufor mine, McKenzie property, Swanson property, and Beacon Mill. The company was incorporated in 2020 and is headquartered in Saint-Sauveur, Canada.

Monarch Mining Corporation Fundamentals Summary

How do Monarch Mining's earnings and revenue compare to its market cap?
GBAR fundamental statistics
Market cap	CA$1.22m
Earnings (TTM)	-CA$29.34m
Revenue (TTM)	CA$3.09m

0.4x

P/S Ratio

0.0x

P/E Ratio

Is GBAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GBAR income statement (TTM)
Revenue	CA$3.09m
Cost of Revenue	CA$5.85m
Gross Profit	-CA$2.76m
Other Expenses	CA$26.57m
Earnings	-CA$29.34m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	-89.46%
Net Profit Margin	-950.04%
Debt/Equity Ratio	126.3%

How did GBAR perform over the long term?

See historical performance and comparison

GBAR Stock Overview

Rewards

Risk Analysis

Monarch Mining Corporation Competitors

TSXV:CIO

CA$1.5m

TSXV:GGA

CA$3.3m

TSX:GMTN

CA$24.0m

TSXV:JUB

CA$3.7m

Price History & Performance

Recent News & Updates

BullRun Capital Inc. completed the acquisition of Swanson Property from Monarch Mining Corporation (OTCPK:GBAR.F) for CAD 0.35 million.

Monarch Mining Corporation Announces Executive Changes

Monarch Mining Corporation, Annual General Meeting, Dec 21, 2023

Monarch Mining Corporation Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023

Probe Gold Inc. (TSX:PRB) acquired Croinor Gold Property in Val-d’Or, Quebec, Canada from Monarch Mining Corporation for CAD 4.5 million.

Monarch Mining Corporation Expands Size of Mckenzie Break to 1,100 M by 700 M with Latest Drilling Results

Recent updates

BullRun Capital Inc. completed the acquisition of Swanson Property from Monarch Mining Corporation (OTCPK:GBAR.F) for CAD 0.35 million.

Monarch Mining Corporation Announces Executive Changes

Monarch Mining Corporation, Annual General Meeting, Dec 21, 2023

Monarch Mining Corporation Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023

Probe Gold Inc. (TSX:PRB) acquired Croinor Gold Property in Val-d’Or, Quebec, Canada from Monarch Mining Corporation for CAD 4.5 million.

Monarch Mining Corporation Expands Size of Mckenzie Break to 1,100 M by 700 M with Latest Drilling Results

High number of new and inexperienced directors

Monarch Continues to Intersect Broad Zones of Mineralization on Swanson, with 0.65 G/T Au over 193.4 M (634.5 Ft) Including 7.55 G/T Au over 4.05 M (13.3 Ft)

Monarch Mining Corporation Reports Gold Assays from 13 Drill Holes of its 2022 MRE

Monarch Mining Corporation announced that it has received CAD 4.119932 million in funding from Alamos Gold Inc. and other investors

Price target decreased to CA$0.70

Monarch Mining Corporation Reports High-Grade Intersections at Mckenzie Break Gold Project

Monarch Mining Corporation announced that it expects to receive CAD 5 million in funding

Monarch Mining Corporation, Annual General Meeting, Dec 21, 2022

Monarch Mining Corporation Receives Additional Results from the 2021-2022 Drilling Program on Swanson Gold Project

Monarch Mining Corporation Reports Impairment Charges for the Fourth Quarter Ended June 30, 2022

Monarch Mining Corporation Suspends Operations at the Beaufor Mine

Monarch Mining Corporation Reports Initial Drill Results from the 2022 Drilling Program on Its Wholly-Owned Mckenzie Break Gold Project

Monarch Mining Corporation Reports 7.83 G/T Au over 8.82 M (28.9 Ft) Within A Wider Zone of 0.99 G/T Au over 237.82 M (780.3 Ft) At Swanson

Price target decreased to CA$1.13

Monarch Mining Corporation Provides an Update on its Operations At the Beaufor Mine

Monarch Mining Corporation Reports That It Has Received More High-Grade Results from the 2021-2022 Drilling Program on Its Wholly-Owned Swanson Gold Project

Monarch Mining Corporation Presents Mineral Resource Estimate for its Croinor Gold Deposit

Price target decreased to CA$1.28

Monarch Mining Corporation Reports Additional Results from Its 2021-2022 Underground Drilling Program At Its Wholly-Owned Beaufor Mine Gold Project, Located 20 Kilometres East of Val-D'or, Québec

Monarch Mining Corporation Announces Second Set of Results from its 2021-2022 Drilling Program on its Wholly-Owned Swanson Gold Project

Monarch Mining Corporation Appoints Benoit Desormeaux to Its Board of Directors

Monarch Mining Corporation Provides an Update on the Recommissioning of Its Wholly-Owned Beaufor Mine and Beacon Mill, Located East of Val-D’Or, Quebec

Monarch Mining Corporation Continues Underground Drilling At the Beaufor Mine

Monarch Continues to Hit High-Grade Gold Intersections on Mckenzie Break

Monarch Mining Corporation Announces Board Changes

Forecast to breakeven in 2023

Price target decreased to CA$1.25

Monarch Mining Corporation announced that it has received CAD 14.4 million in funding from Monarch Gold Corporation, Gold Royalty Corp., Alamos Gold Inc.

Monarch Mining Hits Impressive High-Grade of 27.79 g/t Au Over 10.18 m (33.4 ft) on First Drilling Program at Swanson

Monarch Mining Corporation Reports Additional Results from Its 2021 Underground Drilling Program

Monarch Mining Corporation Reports Final Results from its 2021 Surface Drilling Program Beaufor Mine Gold Project

Monarch Mining Corporation Intersects 73.5 G/T Au over 1.35 M (4.43 Ft), Expanding the Mckenzie Break Deposit to the Southwest

Monarch Mining Corporation announced that it has received CAD 5.992941 million in funding

President recently sold CA$190k worth of stock

Monarch Mining Files Technical Report for its Beaufor Mine Project

Monarch Mining Corporation announced that it has received CAD 13.5 million in funding from Investissement Québec, Investment Arm

Monarch Mining Corporation announced that it expects to receive CAD 13.5 million in funding from Investissement Québec, Investment Arm

Monarch Mining Corporation announced that it has received CAD 6.6556 million in funding

Monarch Mining Corporation Announces the Final Results for Its 2020 Exploration Diamond Drilling Program on Its Mckenzie Break Project

Monarch Mining Corporation announced that it expects to receive CAD 5 million in funding

Monarch Plans to Restart the Beaufor Mine and the Beacon Mill by June 2022

Monarch Mining Corporation (TSX:GBAR) acquired Busmac claims.

Monarch Mining Corporation Announces Additional Results from its Exploration Diamond Drilling Program on Beaufor Mine Gold Project

Monarch Mining Corporation Increases the Size of Its McKenzie Break Property

Monarch Mining Corporation announced that it has received CAD 5.071221 million in funding

Monarch Mining Finds New Goldrich Zones at the Beaufor Gold Deposit Using Artificial Intelligence

Monarch Mining Corporation announced that it expects to receive CAD 5 million in funding

Monarch Mining Corporation Reports Significant Resource Increase at Its Mckenzie Break Property

Monarch Mining Corporation Provides an Update on Mineral Resource Estimate for Its Wholly- Owned Swanson Project, 65 Kilometres Northeast of Val-D'or, Québec

Monarch Mining Updates Mineral Resource At the Beaufor Mine

Shareholder Returns

Price Volatility

About the Company