Carlin Gold Valuation

Is CGD 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CGD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As CGD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CGD. This is calculated by dividing CGD's market cap by their current earnings.
What is CGD's PE Ratio?
PE Ratio	6.5x
Earnings	CA$498.96k
Market Cap	CA$3.25m

CGD 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	-4.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does CGD's PE Ratio compare to its peers?

The above table shows the PE ratio for CGD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	39.9x
ADP Adelphi Metals	104.5x	n/a	CA$3.1m
JUB.H Jubilee Gold Exploration	2.7x	n/a	CA$3.6m
RNCH Ranchero Gold	2x	n/a	CA$2.8m
ALMA Alma Gold	50.3x	n/a	CA$2.6m
CGD Carlin Gold	6.5x	n/a	CA$3.2m

Price-To-Earnings vs Peers: CGD is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (39.9x).

Price to Earnings Ratio vs Industry

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

35 Companies	Price / Earnings	Estimated Growth	Market Cap
SLI Standard Lithium	2.8x	n/a	US$335.72m
THX Thor Explorations	2.7x	3.0%	US$137.65m
APM Andean Precious Metals	2.3x	-42.9%	US$126.06m
STGO Steppe Gold	2.2x	-11.5%	US$115.08m

35 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CGD is good value based on its Price-To-Earnings Ratio (6.5x) compared to the Canadian Metals and Mining industry average (12.5x).

Price to Earnings Ratio vs Fair Ratio

What is CGD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CGD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CGD's Price-To-Earnings 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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