Garibaldi Resources Corp.

TSXV:GGI Stock Report

Market Cap: CA$9.6m

Garibaldi Resources Valuation

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

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

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


Key Valuation Metric

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

Key metric: As GGI 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 GGI. This is calculated by dividing GGI's market cap by their current book value.
What is GGI's PB Ratio?
PB Ratio0.2x
BookCA$39.51m
Market CapCA$9.62m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for GGI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.4x
CRI Churchill Resources
8.8xn/aCA$9.6m
SAGA Saga Metals
8.8xn/aCA$9.5m
GT GT Resources
0.9xn/aCA$9.7m
VIZ Visionary Metals
3xn/aCA$11.9m
GGI Garibaldi Resources
0.2xn/aCA$9.6m

Price-To-Book vs Peers: GGI is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (5.4x).


Price to Book Ratio vs Industry

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

89 CompaniesPrice / BookEstimated GrowthMarket Cap
Industry Avg.1.4x41.3%
GGI Garibaldi Resources
0.2xn/aUS$6.88m
S Sherritt International
0.1xn/aUS$48.32m
WM Wallbridge Mining
0.2xn/aUS$46.71m
GGI 0.2xIndustry Avg. 1.4xNo. of Companies159PB01.22.43.64.86+
89 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.4x41.3%
GGI Garibaldi Resources
0.2xn/aUS$6.88m
No more companies

Price-To-Book vs Industry: GGI is good value based on its Price-To-Book Ratio (0.2x) compared to the Canadian Metals and Mining industry average (1.4x).


Price to Book Ratio vs Fair Ratio

What is GGI'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.

GGI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.2x
Fair PB Ration/a

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