Canoe Mining Ventures Corp.

TSXV:CLV Stock Report

Market Cap: CA$1.2m

Canoe Mining Ventures Valuation

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

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

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


Key Valuation Metric

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

Key metric: As CLV 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 CLV. This is calculated by dividing CLV's market cap by their current book value.
What is CLV's PB Ratio?
PB Ratio8x
BookCA$151.41k
Market CapCA$1.21m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for CLV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.2x
MUSK Musk Metals
1.3xn/aCA$1.2m
SI Silicon Metals
3.2xn/aCA$1.4m
ABM Aben Minerals
0.1xn/aCA$1.3m
AML Akwaaba Mining
0.3xn/aCA$1.3m
CLV Canoe Mining Ventures
8xn/aCA$1.2m

Price-To-Book vs Peers: CLV is expensive based on its Price-To-Book Ratio (8x) compared to the peer average (1.2x).


Price to Book Ratio vs Industry

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

89 CompaniesPrice / BookEstimated GrowthMarket Cap
WM Wallbridge Mining
0.2xn/aUS$49.44m
S Sherritt International
0.1xn/aUS$42.71m
NCU Nevada Copper
0.1xn/aUS$31.56m
VGCX Victoria Gold
0.06xn/aUS$24.21m
CLV 8.0xIndustry Avg. 1.3xNo. of Companies175PB01.22.43.64.86+
89 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CLV is expensive based on its Price-To-Book Ratio (8x) compared to the Canadian Metals and Mining industry average (1.3x).


Price to Book Ratio vs Fair Ratio

What is CLV'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.

CLV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CLV'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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 09:05
End of Day Share Price 2024/12/20 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 here.

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 .

Analyst Sources

Canoe Mining Ventures Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution