Golden Share Resources Corporation

TSXV:GSH Stock Report

Market Cap: CA$2.2m

Golden Share Resources Valuation

Is GSH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: GSH (CA$0.05) is trading below our estimate of fair value (CA$0.86)

Significantly Below Fair Value: GSH is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As GSH is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for GSH. This is calculated by dividing GSH's market cap by their current revenue.
What is GSH's PS Ratio?
PS Ratio13.6x
SalesCA$160.00k
Market CapCA$2.17m

Price to Sales Ratio vs Peers

How does GSH's PS Ratio compare to its peers?

The above table shows the PS ratio for GSH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average23.7x
ERA Elcora Advanced Materials
28.2xn/aCA$3.4m
RI Royalties
42.9xn/aCA$5.5m
VZZ Val-d'Or Mining
11.2xn/aCA$4.2m
CBG Chibougamau Independent Mines
12.4xn/aCA$8.2m
GSH Golden Share Resources
13.6xn/aCA$2.2m

Price-To-Sales vs Peers: GSH is good value based on its Price-To-Sales Ratio (13.6x) compared to the peer average (23.6x).

Price to Sales Ratio vs Industry

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

84 CompaniesPrice / SalesEstimated GrowthMarket Cap
LUN Lundin Mining
1.9x4.4%US$7.85b
BTO B2Gold
2x16.3%US$3.75b
HBM Hudbay Minerals
1.8x4.9%US$3.59b
STLC Stelco Holdings
1.3x-0.1%US$2.66b
GSH 13.6xIndustry Avg. 3.0xNo. of Companies84PS0816243240+
84 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: GSH is expensive based on its Price-To-Sales Ratio (13.6x) compared to the Canadian Metals and Mining industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

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

GSH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio13.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate GSH's Price-To-Sales 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.

Discover undervalued companies

Endeavour Mining

CA$6.6b

Operates as a gold mining company in West Africa.

EDV

CA$28.09

7D

4.2%

1Y

-5.9%

Chemtrade Logistics Income Fund

CA$1.4b

Offers industrial chemicals and services in Canada, the United States, and South America.

CHE.UN

CA$11.50

7D

-0.3%

1Y

30.7%

Neo Performance Materials

CA$319.0m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally.

NEO

CA$8.00

7D

0.5%

1Y

8.3%